Company Overview
Choice International, incorporated in 1993, is a diversified financial services company engaged in broking and distribution, investment banking, and other financial services. The company serves a wide client base with offerings in stock broking, advisory, and NBFC financing. Presenting below its Q2 FY26 Earnings Results.
Q2 FY26 Earnings Results
Choice International Ltd reported revenues of ₹274 crore for Q1 FY26, up 10.93% year-on-year from ₹247 crore. Total expenses rose 11.11% to ₹210 crore compared to ₹189 crore last year. The company’s consolidated net profit increased 21.74% YoY to ₹56 crore from ₹46 crore. Earnings per share (EPS) grew 16.45% to ₹2.69 from ₹2.31 YoY.
Operational & Strategic Update
Revenue growth was broad-based with stock broking contributing 59% of revenues, advisory 26%, and NBFC 15%. The company added 12.05 lakh demat accounts, a 29% YoY increase, demonstrating strong client acquisition. Loan book for NBFC stood at ₹716 crore at the end of Q2 FY26, with retail loans comprising ₹536 crore. Assets under management for wealth products reached ₹4,807 crore.
The consulting arm secured project mandates worth ₹140 crore across various sectors such as housing, agriculture, MSME development, water resource management, and urban planning. Strong operational performance was supported by increased traction in fintech offerings and digital initiatives.
Outlook
Choice International aims to sustain robust growth through enhanced digital capabilities, diversified financial products, and expansive client reach. Continued focus on operational efficiency and customer-centric innovation is expected to propel the company’s long-term growth trajectory.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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