Choice International Ltd
Incorporated in 1993, Choice International Ltd provides services like Broking & Distribution, Investment Banking, Financial services, etc.[1]
- Market Cap ₹ 12,179 Cr.
- Current Price ₹ 610
- High / Low ₹ 611 / 314
- Stock P/E 1,460
- Book Value ₹ 25.1
- Dividend Yield 0.00 %
- ROCE 3.15 %
- ROE 2.05 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 33.5% CAGR over last 5 years
- Debtor days have improved from 47.3 to 21.8 days.
Cons
- Stock is trading at 24.2 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.18% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.10%
- Working capital days have increased from 887 days to 1,850 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Part of Nifty Total Market BSE Allcap BSE Financial Services BSE SmallCap Nifty Microcap 250
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12.81 | 8.66 | 77.86 | 20.96 | 22.82 | 12.85 | 9.00 | 8.66 | 11.28 | 12.98 | 13.04 | 24.46 | |
6.61 | 1.61 | 70.09 | 12.35 | 9.15 | 6.35 | 3.77 | 2.75 | 3.91 | 6.03 | 6.92 | 10.91 | |
Operating Profit | 6.20 | 7.05 | 7.77 | 8.61 | 13.67 | 6.50 | 5.23 | 5.91 | 7.37 | 6.95 | 6.12 | 13.55 |
OPM % | 48.40% | 81.41% | 9.98% | 41.08% | 59.90% | 50.58% | 58.11% | 68.24% | 65.34% | 53.54% | 46.93% | 55.40% |
0.00 | -0.01 | 0.00 | 0.00 | 0.01 | 0.14 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | |
Interest | 3.28 | 4.32 | 4.64 | 4.22 | 9.89 | 5.65 | 1.55 | 1.92 | 3.14 | 3.70 | 3.87 | 2.14 |
Depreciation | 0.90 | 1.14 | 1.11 | 0.93 | 0.78 | 0.78 | 0.74 | 0.71 | 0.63 | 0.52 | 0.48 | 0.47 |
Profit before tax | 2.02 | 1.58 | 2.02 | 3.46 | 3.01 | 0.21 | 2.96 | 3.28 | 3.60 | 2.73 | 1.77 | 11.44 |
Tax % | 32.18% | 9.49% | 17.82% | 25.43% | 23.26% | -104.76% | 33.45% | 29.57% | 32.50% | 16.12% | 20.90% | 27.01% |
1.37 | 1.43 | 1.66 | 2.59 | 2.30 | 0.43 | 1.97 | 2.30 | 2.44 | 2.29 | 1.40 | 8.34 | |
EPS in Rs | 0.27 | 0.29 | 0.33 | 0.52 | 0.23 | 0.04 | 0.20 | 0.16 | 0.12 | 0.12 | 0.07 | 0.42 |
Dividend Payout % | 72.99% | 69.93% | 60.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 22% |
3 Years: | 29% |
TTM: | 88% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 33% |
3 Years: | 51% |
TTM: | 496% |
Stock Price CAGR | |
---|---|
10 Years: | 58% |
5 Years: | 102% |
3 Years: | 101% |
1 Year: | 87% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10.00 | 10.00 | 10.00 | 10.00 | 20.00 | 20.00 | 20.00 | 28.57 | 49.76 | 99.51 | 199.38 | 199.66 |
Reserves | 39.48 | 39.84 | 40.50 | 53.09 | 117.10 | 118.70 | 145.93 | 172.43 | 246.93 | 203.96 | 114.01 | 301.33 |
26.22 | 32.06 | 29.79 | 48.51 | 109.34 | 0.90 | 23.30 | 33.92 | 27.70 | 39.93 | 35.89 | 13.31 | |
4.57 | 4.63 | 4.92 | 4.30 | 8.56 | 2.84 | 3.04 | 3.29 | 3.60 | 4.12 | 4.03 | 6.21 | |
Total Liabilities | 80.27 | 86.53 | 85.21 | 115.90 | 255.00 | 142.44 | 192.27 | 238.21 | 327.99 | 347.52 | 353.31 | 520.51 |
26.01 | 24.77 | 24.01 | 23.63 | 65.27 | 64.50 | 63.78 | 63.07 | 62.78 | 62.33 | 62.00 | 79.29 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.14 | 0.13 | 0.09 | 0.11 | 0.13 | 0.00 | 0.00 | 0.00 | 0.82 |
Investments | 31.30 | 45.77 | 45.83 | 49.90 | 94.78 | 68.96 | 88.83 | 133.83 | 209.98 | 239.27 | 270.85 | 280.38 |
22.96 | 15.99 | 15.37 | 42.23 | 94.82 | 8.89 | 39.55 | 41.18 | 55.23 | 45.92 | 20.46 | 160.02 | |
Total Assets | 80.27 | 86.53 | 85.21 | 115.90 | 255.00 | 142.44 | 192.27 | 238.21 | 327.99 | 347.52 | 353.31 | 520.51 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.22 | 14.05 | 8.36 | -17.89 | -37.36 | -1.08 | -2.81 | 13.00 | 5.86 | 47.74 | 0.76 | -99.67 | |
-0.04 | -14.41 | -0.35 | -4.75 | -45.56 | 117.70 | -46.35 | -57.90 | -89.51 | -24.47 | -22.79 | -49.41 | |
-0.19 | 0.49 | -7.95 | 23.81 | 81.94 | -110.98 | 46.34 | 41.77 | 83.92 | 8.27 | -8.67 | 149.55 | |
Net Cash Flow | -0.01 | 0.13 | 0.06 | 1.16 | -0.97 | 5.65 | -2.82 | -3.13 | 0.26 | 31.54 | -30.69 | 0.47 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 5.13 | 5.48 | 3.23 | 17.24 | 28.63 | 39.48 | 144.38 | 22.34 | 19.41 | 79.30 | 40.87 | 21.79 |
Inventory Days | 20.16 | 0.70 | 12.82 | |||||||||
Days Payable | 6.26 | 4.67 | 40.72 | |||||||||
Cash Conversion Cycle | 19.03 | 5.48 | -0.74 | -10.66 | 28.63 | 39.48 | 144.38 | 22.34 | 19.41 | 79.30 | 40.87 | 21.79 |
Working Capital Days | 476.12 | 381.02 | 39.14 | 658.78 | 1,340.84 | 26.98 | 1,200.04 | 1,674.11 | 1,725.34 | 332.10 | 478.36 | 1,850.37 |
ROCE % | 7.21% | 7.50% | 8.21% | 8.00% | 7.21% | 3.04% | 2.74% | 2.45% | 2.41% | 1.93% | 1.63% | 3.15% |
Documents
Announcements
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Earnings Conference Call - Audio Recording For Q4 & FY25
7h - Audio recording of Q4 and FY25 earnings conference call released by Choice International.
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Intimation Of Initial Disclosure On Large Corporate
8h - Choice International not classified as Large Corporate under SEBI debt issuance norms as of March 31, 2025.
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Intimation Regarding Change In Contact Details Of MUFG Intime India Private Limited, The Registrar And Transfer Agent Of The Company.
8h - Updated contact details of MUFG Intime India Pvt Ltd, the company's Registrar and Transfer Agent.
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Board Meeting Outcome for Outcome Of Board Meeting
1d - Choice International reports audited FY25 consolidated results; revenue Rs 92,167L, profit Rs 16,271L; key acquisitions and warrant allotment.
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Investor Presentation
1d - Investor Presentation for the Quarter & Financial Year Ended March 31, 2025
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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Apr 2025TranscriptNotesPPT
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Jan 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Jan 2024TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
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Jul 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Jan 2023TranscriptNotesPPT
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Oct 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
Business Overview:[1]
CIL, part of the Choice Group, offers a wide range of financial services through its subsidiaries. Its key offerings include Broking & Distribution, NBFC Services, and Advisory, covering Government Infrastructure Consultancy, Government Advisory, and Investment Banking.