- Valuation
- ₹11,140 Cr

About Choice International Limited
Data last updated:
Choice International Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 12 March 1993 and has been in existence for over 33 years.
Choice International is part of the Nifty 500 and BSE 500 indices. Its director Vinita Sunil Patodia and family are #778 among India's richest people (2026). Its director Arunkumar Poddar and family are #1,009 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L67190MH1993PLC071117. Its GSTIN is 27AAACC4600K1ZX (Maharashtra). The company holds 13 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 531358 and NSE: CHOICEIN.
The company has an authorised share capital of ₹225 Cr and a paid-up capital of ₹222.78 Cr. It was formerly known as Choice Financial Services Ltd. It is led by directors including Suyash Sunil Patodia (Managing Director) and Kamal Poddar (Managing Director).
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,119.13 Cr, a growth of 21.5% compared to the previous year. For the same year it recorded a net profit of ₹217.66 Cr (net margin 19.4%) and EBITDA of ₹400.06 Cr (EBITDA margin 35.7%). The net worth stands at ₹1,671.51 Cr (up 62.7% YoY). Total assets are valued at ₹2,760.39 Cr (up 52.8% YoY).
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 14 subsidiaries.
The company is associated with 3 brands: Choice Connect, Investica and Choice. As per MCA filings, the company has open charges of ₹399.57 Cr and satisfied charges of ₹127.35 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 157 deals on record (154 market trades, 1 acquisition, 1 rights issue); the latest was in June 2025. Its 6 peer companies in the BFSI industry (Large NBFC), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 4 smaller; the largest is Clix Capital Services Private Limited with revenue of ₹971.4 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website choiceindia.com.
Company details
Recognitions & Rankings of Choice International
- #778 Vinita Sunil Patodia & family ₹4,000 Cr
- #1,009 Arunkumar Poddar & family ₹2,700 Cr
- #1,009 Kamal Poddar & family ₹2,700 Cr
Contact details
Choice International Limited's registered office is in Mumbai, Maharashtra. Its website is choiceindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryFinancial Services, NBFC
To see the full contact details of Choice International Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Choice International operates multiple associated brands including Choice Connect, Investica, and Choice. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Facilitates financial product sales through a platform for associates. | choiceconnect.in | |
| Mutual funds are bought and tracked via an online platform. | investica.com | |
| A full-service stockbroker offering diverse investment options in India. | choiceindia.com |
Business activity
The main business activity of Choice International is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Choice International Limited, buy the company report.
Financials of Choice International Limited
FY 2025-26 filings availableChoice International Limited reported revenue of ₹1,119.13 Cr (up 21.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,119 | 921 | 756 | 393 | 285 | 176 | 132 |
| Revenue growth | +21.5% | +21.9% | +92.3% | +37.8% | +62.5% | +32.9% | - |
| EBITDA | 400 | 295 | 225 | 107 | 91.61 | 41.12 | 38.77 |
| EBITDA margin | +35.8% | +32.1% | +29.7% | +27.2% | +32.1% | +23.4% | +29.3% |
| Profit before tax | 316 | 221 | 181 | 81.94 | 73.63 | 22.81 | 18.20 |
| Net profit | 218 | 163 | 131 | 60.06 | 53.57 | 16.73 | 12.45 |
| Net profit margin | +19.5% | +17.7% | +17.3% | +15.3% | +18.8% | +9.5% | +9.4% |
| EPS (₹) | 11.23 | 8.15 | 6.56 | 6.04 | 10.77 | 5.85 | 6.21 |
| Balance sheet | |||||||
| Total assets | 2,760 | 1,807 | 1,127 | 714 | 637 | 419 | 360 |
| Net worth | 1,672 | 1,027 | 631 | 477 | 410 | 263 | 213 |
| Total debt | 908 | 679 | 455 | 206 | 219 | 151 | 143 |
| Cash & bank | 519 | 491 | 386 | 252 | 139 | 48.18 | 50.98 |
| Net working capital | 1,725 | 1,051 | 736 | 477 | 517 | 322 | 252 |
| Cash flow | |||||||
| Cash from operations | (267) | (294) | (153) | 138 | (51.75) | (44.75) | 26.21 |
| Cash from investing | (277) | (161) | (13.21) | (47.88) | (98.67) | 15.04 | 12.59 |
| Cash from financing | 600 | 449 | 224 | (28.83) | 146 | 22.63 | (15.08) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 310 | 307 | 303 | 274 | 235 | 253 | 209 | 247 |
| Revenue growth (YoY) | +32.0% | +21.2% | +44.9% | +10.9% | +16.9% | - | - | - |
| Other income | 9.24 | 7.14 | 5.24 | 9.67 | 3.33 | 2.04 | 2.14 | 1.81 |
| EBITDA | 105 | 116 | 112 | 89.31 | 83.46 | 96.25 | 59.55 | 75.84 |
| EBITDA margin | +33.8% | +37.7% | +36.8% | +32.5% | +35.6% | +38.0% | +28.4% | +30.7% |
| Depreciation | 6.44 | 10.06 | 3.13 | 3.96 | 2.79 | 2.77 | 2.08 | 1.97 |
| Interest | 27.68 | 25.89 | 21.48 | 20.60 | 21.12 | 21.58 | 16.30 | 15.05 |
| Profit before tax | 79.92 | 86.69 | 92.40 | 74.42 | 62.88 | 73.94 | 43.31 | 60.63 |
| Tax | 19.32 | 18.85 | 26.77 | 17.95 | 14.93 | 20.43 | 12.57 | 14.19 |
| Net profit | 60.60 | 67.84 | 65.63 | 56.47 | 47.95 | 53.51 | 30.74 | 46.44 |
| EPS (₹) | 2.70 | 3.02 | 3.07 | 2.69 | 2.34 | 2.62 | 1.52 | 2.28 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 27.70 | 24.96 | 13.04 | 12.98 | 11.28 | 8.66 | 9.00 |
| Revenue growth | +11.0% | +91.4% | +0.5% | +15.1% | +30.3% | -3.8% | - |
| EBITDA | 10.04 | 14.07 | 6.10 | 6.95 | 7.37 | 5.91 | 5.24 |
| EBITDA margin | +36.3% | +56.4% | +46.8% | +53.5% | +65.3% | +68.2% | +58.2% |
| Profit before tax | 7.32 | 11.44 | 1.75 | 2.73 | 3.60 | 3.28 | 2.97 |
| Net profit | 5.09 | 8.35 | 1.38 | 2.29 | 2.43 | 2.31 | 1.98 |
| Net profit margin | +18.4% | +33.5% | +10.6% | +17.6% | +21.5% | +26.7% | +22.0% |
| EPS (₹) | 0.24 | 0.42 | 0.07 | 0.23 | 0.49 | 0.81 | 0.99 |
| Balance sheet | |||||||
| Total assets | 1,050 | 515 | 350 | 344 | 325 | 235 | 189 |
| Net worth | 1,036 | 501 | 313 | 303 | 297 | 201 | 166 |
| Total debt | 13.27 | 13.89 | 35.89 | 39.93 | 27.70 | 33.92 | 23.30 |
| Cash & bank | 67.95 | 1.60 | 1.13 | 31.82 | 0.29 | 0.09 | 3.22 |
| Net working capital | 403 | 127 | 18.22 | 43.63 | 53.61 | 39.81 | 32.80 |
| Cash flow | |||||||
| Cash from operations | (201) | (100) | 0.76 | 47.74 | 5.86 | 13.00 | (2.81) |
| Cash from investing | (250) | (49.41) | (22.79) | (24.47) | (89.51) | (57.90) | (46.35) |
| Cash from financing | 517 | 150 | (8.67) | 8.27 | 83.92 | 41.77 | 46.34 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.54 | 9.65 | 7.60 | 3.87 | 6.58 | 5.27 | 6.37 | 5.81 |
| Revenue growth (YoY) | +75.4% | +83.1% | +19.3% | -33.4% | -6.0% | - | - | - |
| Other income | 0.22 | 0.04 | 0.14 | 0.11 | 0.45 | 0.48 | 0.02 | 0.00 |
| Total expenses | 4.72 | 4.23 | 5.29 | 4.07 | 4.07 | 3.32 | 2.86 | 2.42 |
| EBITDA | 6.82 | 5.42 | 2.31 | (0.20) | 2.51 | 1.95 | 3.51 | 3.39 |
| EBITDA margin | +59.1% | +56.2% | +30.4% | -5.2% | +38.1% | +37.0% | +55.1% | +58.3% |
| Depreciation | 0.32 | 0.33 | 0.31 | 0.30 | 0.30 | 0.13 | 0.12 | 0.12 |
| Interest | 0.28 | 0.36 | 0.66 | 0.58 | 0.63 | 0.38 | 0.42 | 0.39 |
| Profit before tax | 6.44 | 4.77 | 1.48 | (0.97) | 2.03 | 1.92 | 2.99 | 2.88 |
| Tax | 1.95 | 1.19 | 0.80 | (0.23) | 0.47 | 0.70 | 1.09 | 0.67 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 310 | 307 | 303 | 274 | 235 | 253 | 209 | 247 |
| Revenue growth (YoY) | +32.0% | +21.2% | +44.9% | +10.9% | +16.9% | - | - | - |
| Other income | 9.24 | 7.14 | 5.24 | 9.67 | 3.33 | 2.04 | 2.14 | 1.81 |
| EBITDA | 105 | 116 | 112 | 89.31 | 83.46 | 96.25 | 59.55 | 75.84 |
| EBITDA margin | +33.8% | +37.7% | +36.8% | +32.5% | +35.6% | +38.0% | +28.4% | +30.7% |
| Depreciation | 6.44 | 10.06 | 3.13 | 3.96 | 2.79 | 2.77 | 2.08 | 1.97 |
| Interest | 27.68 | 25.89 | 21.48 | 20.60 | 21.12 | 21.58 | 16.30 | 15.05 |
| Profit before tax | 79.92 | 86.69 | 92.40 | 74.42 | 62.88 | 73.94 | 43.31 | 60.63 |
| Tax | 19.32 | 18.85 | 26.77 | 17.95 | 14.93 | 20.43 | 12.57 | 14.19 |
| Net profit | 60.60 | 67.84 | 65.63 | 56.47 | 47.95 | 53.51 | 30.74 | 46.44 |
| EPS (₹) | 2.70 | 3.02 | 3.07 | 2.69 | 2.34 | 2.62 | 1.52 | 2.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,119 | 921 | 756 | 393 | 285 | 176 | 132 |
| Revenue growth | +21.5% | +21.9% | +92.3% | +37.8% | +62.5% | +32.9% | - |
| Other income | 25.37 | 0.59 | 3.42 | 2.14 | 0.74 | 0.26 | 0.22 |
| Total expenses | 719 | 626 | 531 | 286 | 194 | 134 | 93.36 |
| Employee cost | 0.00 | 274 | 221 | 109 | 56.95 | 41.94 | 47.46 |
| EBITDA | 400 | 295 | 225 | 107 | 91.61 | 41.12 | 38.77 |
| EBITDA margin | +35.8% | +32.1% | +29.7% | +27.2% | +32.1% | +23.4% | +29.3% |
| Depreciation | 19.95 | 8.50 | 6.60 | 4.80 | 3.38 | 3.09 | 3.46 |
| Interest | 89.09 | 66.16 | 40.71 | 22.09 | 15.34 | 15.48 | 17.33 |
| Profit before tax | 316 | 221 | 181 | 81.94 | 73.63 | 22.81 | 18.20 |
| Tax | 78.51 | 58.59 | 49.94 | 21.88 | 20.03 | 6.10 | 5.77 |
| Net profit | 218 | 163 | 131 | 60.06 | 53.57 | 16.73 | 12.45 |
| Net profit margin | +19.5% | +17.7% | +17.3% | +15.3% | +18.8% | +9.5% | +9.4% |
| EPS (₹) | 11.23 | 8.15 | 6.56 | 6.04 | 10.77 | 5.85 | 6.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 223 | 200 | 199 | 99.51 | 49.76 | 28.57 | 20.00 |
| Reserves & surplus | 1,449 | 645 | 423 | 378 | 360 | 220 | 168 |
| Shareholders' funds (net worth) | 1,672 | 1,027 | 631 | 477 | 410 | 263 | 213 |
| Minority interest | 152 | 78.28 | 8.80 | 4.78 | 0.80 | 0.00 | 0.00 |
| Secured loans | 877 | 633 | 448 | 205 | 175 | 150 | 81.49 |
| Unsecured loans | 30.92 | 46.78 | 7.44 | 0.32 | 43.94 | 1.71 | 61.47 |
| Total debt | 908 | 679 | 455 | 206 | 219 | 151 | 143 |
| Total liabilities | 2,760 | 1,807 | 1,127 | 714 | 637 | 419 | 360 |
| Assets | |||||||
| Gross block | 454 | 316 | 182 | 170 | 128 | 121 | 120 |
| Net block | 373 | 260 | 134 | 126 | 88.35 | 85.53 | 87.51 |
| Capital work in progress | 30.21 | 5.48 | 6.89 | 5.02 | 0.38 | 0.17 | 0.14 |
| Investments | 178 | 58.86 | 23.20 | 11.09 | 10.57 | 6.62 | 19.59 |
| Inventories | 23.85 | 19.49 | 1.37 | 7.63 | 23.70 | 8.72 | 30.61 |
| Sundry debtors | 437 | 275 | 187 | 116 | 81.60 | 76.13 | 91.04 |
| Cash & bank balances | 519 | 491 | 386 | 252 | 139 | 48.18 | 50.98 |
| Loans & advances | 1,549 | 1,075 | 836 | 492 | 608 | 421 | 214 |
| Total current assets | 2,528 | 1,860 | 1,411 | 867 | 853 | 554 | 386 |
| Total current liabilities | 803 | 809 | 675 | 390 | 336 | 232 | 135 |
| Net working capital | 1,725 | 1,051 | 736 | 477 | 517 | 322 | 252 |
| Total assets | 2,760 | 1,807 | 1,127 | 714 | 637 | 419 | 360 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 139 | 145 | 87.33 | 25.62 | 30.25 | 37.33 | 13.61 |
| Net cash from operating activities | (267) | (294) | (153) | 138 | (51.75) | (44.75) | 26.21 |
| Net cash from investing activities | (277) | (161) | (13.21) | (47.88) | (98.67) | 15.04 | 12.59 |
| Net cash from financing activities | 600 | 449 | 224 | (28.83) | 146 | 22.63 | (15.08) |
| Net change in cash | 55.65 | (6.28) | 57.74 | 61.71 | (4.63) | (7.08) | 23.72 |
| Closing cash | 519 | 491 | 386 | 252 | 139 | 48.18 | 50.98 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +21.5% | +21.9% | +92.3% | +37.8% | +62.5% | +32.9% | - |
| EBITDA growth | +35.5% | +31.5% | +110.6% | +16.5% | +122.8% | +6.1% | - |
| PBT growth | +43.0% | +22.4% | +120.6% | +11.3% | +222.8% | +25.3% | +48.6% |
| Net income growth | +33.8% | +24.3% | +117.9% | +12.1% | +220.2% | +34.4% | - |
| Revenue CAGR (3Y) | +41.7% | +47.8% | +62.7% | +43.8% | +33.1% | +5.0% | -0.4% |
| EBITDA CAGR (3Y) | +55.4% | +47.7% | +76.1% | +40.1% | +37.1% | +1.8% | +8.7% |
| Profitability & leverage | |||||||
| Net income margin | +21.3% | +17.7% | +17.3% | +15.3% | +18.8% | +9.5% | +9.4% |
| Return on capital employed | - | +20.8% | +25.4% | +16.5% | +18.3% | +11.0% | +11.5% |
| Return on net worth | - | +20.7% | +25.5% | +15.0% | +18.2% | +8.5% | +8.2% |
| Debt / equity | - | 0.72 | 0.64 | 0.53 | 0.63 | 0.75 | 1.02 |
| Long-term debt / equity | - | 0.33 | 0.31 | 0.16 | 0.11 | 0.08 | 0.03 |
| Interest cover | 23.44 | 23.06 | 18.67 | 21.68 | 17.39 | 40.70 | 49.08 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 4.44 | 5.64 | 3.68 | 3.45 | 2.24 | 1.61 |
| Inventory turnover | - | 88.37 | 168.74 | 25.23 | 17.64 | 8.94 | 3.95 |
| Debtors turnover | - | 3.99 | 5.01 | 4.01 | 3.63 | 2.10 | 1.68 |
| EPS (₹) | 11.23 | 8.15 | 6.56 | 6.04 | 10.77 | 5.85 | 6.21 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 40.19 | 29.13 | 43.77 | 74.02 | 72.46 | 73.11 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.54 | 9.65 | 7.60 | 3.87 | 6.58 | 5.27 | 6.37 | 5.81 |
| Revenue growth (YoY) | +75.4% | +83.1% | +19.3% | -33.4% | -6.0% | - | - | - |
| Other income | 0.22 | 0.04 | 0.14 | 0.11 | 0.45 | 0.48 | 0.02 | 0.00 |
| Total expenses | 4.72 | 4.23 | 5.29 | 4.07 | 4.07 | 3.32 | 2.86 | 2.42 |
| EBITDA | 6.82 | 5.42 | 2.31 | (0.20) | 2.51 | 1.95 | 3.51 | 3.39 |
| EBITDA margin | +59.1% | +56.2% | +30.4% | -5.2% | +38.1% | +37.0% | +55.1% | +58.3% |
| Depreciation | 0.32 | 0.33 | 0.31 | 0.30 | 0.30 | 0.13 | 0.12 | 0.12 |
| Interest | 0.28 | 0.36 | 0.66 | 0.58 | 0.63 | 0.38 | 0.42 | 0.39 |
| Profit before tax | 6.44 | 4.77 | 1.48 | (0.97) | 2.03 | 1.92 | 2.99 | 2.88 |
| Tax | 1.95 | 1.19 | 0.80 | (0.23) | 0.47 | 0.70 | 1.09 | 0.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 27.70 | 24.96 | 13.04 | 12.98 | 11.28 | 8.66 | 9.00 |
| Revenue growth | +11.0% | +91.4% | +0.5% | +15.1% | +30.3% | -3.8% | - |
| Other income | 0.74 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Total expenses | 17.66 | 10.89 | 6.94 | 6.03 | 3.91 | 2.75 | 3.76 |
| Employee cost | 0.00 | 5.52 | 3.33 | 2.22 | 1.25 | 0.83 | 0.78 |
| EBITDA | 10.04 | 14.07 | 6.10 | 6.95 | 7.37 | 5.91 | 5.24 |
| EBITDA margin | +36.3% | +56.4% | +46.8% | +53.5% | +65.3% | +68.2% | +58.2% |
| Depreciation | 1.24 | 0.47 | 0.48 | 0.52 | 0.63 | 0.71 | 0.74 |
| Interest | 2.22 | 2.16 | 3.87 | 3.70 | 3.14 | 1.92 | 1.55 |
| Profit before tax | 7.32 | 11.44 | 1.75 | 2.73 | 3.60 | 3.28 | 2.97 |
| Tax | 2.23 | 3.09 | 0.37 | 0.44 | 1.17 | 0.97 | 0.99 |
| Net profit | 5.09 | 8.35 | 1.38 | 2.29 | 2.43 | 2.31 | 1.98 |
| Net profit margin | +18.4% | +33.5% | +10.6% | +17.6% | +21.5% | +26.7% | +22.0% |
| EPS (₹) | 0.24 | 0.42 | 0.07 | 0.23 | 0.49 | 0.81 | 0.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 223 | 200 | 199 | 99.51 | 49.76 | 28.57 | 20.00 |
| Reserves & surplus | 813 | 128 | 114 | 204 | 247 | 158 | 121 |
| Shareholders' funds (net worth) | 1,036 | 501 | 313 | 303 | 297 | 201 | 166 |
| Secured loans | 13.27 | 13.89 | 35.89 | 39.93 | 27.70 | 33.92 | 13.74 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.56 |
| Total debt | 13.27 | 13.89 | 35.89 | 39.93 | 27.70 | 33.92 | 23.30 |
| Total liabilities | 1,050 | 515 | 350 | 344 | 325 | 235 | 189 |
| Assets | |||||||
| Gross block | 118 | 118 | 69.91 | 69.77 | 70.34 | 70.01 | 70.00 |
| Net block | 109 | 110 | 61.99 | 62.33 | 62.77 | 63.07 | 63.78 |
| Capital work in progress | 10.24 | 1.82 | 0.00 | 0.00 | 0.00 | 0.13 | 0.11 |
| Investments | 529 | 280 | 271 | 239 | 210 | 134 | 88.83 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 2.74 | 1.46 | 1.46 | 2.82 | 0.60 | 0.53 | 3.56 |
| Cash & bank balances | 67.95 | 1.60 | 1.13 | 31.82 | 0.29 | 0.09 | 3.22 |
| Loans & advances | 335 | 126 | 16.48 | 10.08 | 53.46 | 39.75 | 26.88 |
| Total current assets | 406 | 129 | 19.07 | 44.72 | 54.35 | 40.37 | 33.66 |
| Total current liabilities | 3.08 | 2.13 | 0.85 | 1.09 | 0.74 | 0.56 | 0.86 |
| Net working capital | 403 | 127 | 18.22 | 43.63 | 53.61 | 39.81 | 32.80 |
| Total assets | 1,050 | 515 | 350 | 344 | 325 | 235 | 189 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.60 | 1.13 | 31.82 | 0.28 | 0.02 | 3.15 | 5.97 |
| Net cash from operating activities | (201) | (100) | 0.76 | 47.74 | 5.86 | 13.00 | (2.81) |
| Net cash from investing activities | (250) | (49.41) | (22.79) | (24.47) | (89.51) | (57.90) | (46.35) |
| Net cash from financing activities | 517 | 150 | (8.67) | 8.27 | 83.92 | 41.77 | 46.34 |
| Net change in cash | 66.34 | 0.47 | (30.69) | 31.54 | 0.26 | (3.13) | (2.82) |
| Closing cash | 67.95 | 1.60 | 1.13 | 31.82 | 0.29 | 0.09 | 3.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.0% | +91.4% | +0.5% | +15.1% | +30.3% | -3.8% | - |
| EBITDA growth | -28.6% | +130.7% | -12.2% | -5.7% | +24.7% | +12.8% | - |
| PBT growth | -36.0% | +553.7% | -35.9% | -24.2% | +9.8% | +10.4% | +1250.0% |
| Net income growth | -39.0% | +505.1% | -39.7% | -5.8% | +5.2% | +16.7% | - |
| Revenue CAGR (3Y) | +28.8% | +30.3% | +14.6% | +13.0% | -4.3% | -27.6% | -24.6% |
| EBITDA CAGR (3Y) | +13.0% | +24.1% | +1.1% | +9.9% | +4.2% | -24.4% | -15.2% |
| Profitability & leverage | |||||||
| Net income margin | +18.4% | +33.5% | +10.6% | +17.6% | +21.5% | +26.7% | +22.0% |
| Return on capital employed | - | +3.5% | +1.9% | +2.2% | +2.8% | +3.1% | +3.7% |
| Return on net worth | - | +2.3% | +0.5% | +0.9% | +1.2% | +1.6% | +1.8% |
| Debt / equity | - | 0.07 | 0.14 | 0.13 | 0.15 | 0.20 | 0.11 |
| Long-term debt / equity | - | 0.06 | 0.13 | 0.12 | 0.10 | 0.06 | 0.00 |
| Interest cover | 25.23 | 15.88 | 68.86 | 57.54 | 46.59 | 36.92 | 34.44 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.48 | 0.46 | 0.46 | 0.40 | 0.31 | 0.32 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 17.10 | 6.09 | 7.59 | 19.96 | 4.23 | 3.64 |
| EPS (₹) | 0.24 | 0.42 | 0.07 | 0.23 | 0.49 | 0.81 | 0.99 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 14.32 | 13.63 | 26.31 | 51.25 | 50.74 | 49.48 |
To see the full year-wise statements and ratios of Choice International Limited, buy the company report.
Board of directors of Choice International Limited
Choice International has 12 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Choice International Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Large NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Choice International Limitedthis company | ₹1,119.13 Cr (FY 2026) | ₹217.66 Cr | 19.4% | 21.5% | 2 | Mumbai, Maharashtra, India |
| Clix Capital Services Private Limited | ₹971.4 Cr (FY 2024) | 33.0% | New Delhi, Delhi, India | |||
| Vistaar Financial Services Private Limited | ₹924.04 Cr (FY 2025) | 35.0% | Bengaluru, Karnataka, India | |||
| Kotak Mahindra Investments Limited | ₹894.31 Cr (FY 2022) | 17.0% | Mumbai, Maharashtra, India | |||
| Ikf Finance Limited | ₹872.95 Cr (FY 2025) | 49.0% | Vijayawada, Andhra Pradesh, India | |||
| Lendingkart Finance Limited | ₹866.99 Cr (FY 2025) | -24.0% | Mumbai, Maharashtra, India | |||
| Kosamattam Finance Limited | ₹858.94 Cr (FY 2024) | 10.0% | Kottayam, Kerala, India |
To see the full peer comparison of Choice International Limited, buy the company report.
Auditor
Choice International Limited is audited by M K S K A & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K S K A & Co. | FY 2025 | 105047W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 53.60%, foreign institutional investors hold 10.10%, domestic institutional investors hold 0.30% and retail and other public shareholders hold 36.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 53.60% | 53.60% | 53.60% | 56.60% |
| Public | 46.40% | 46.40% | 46.40% | 43.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2026 | 101313350 | Sbicap Trustee Company Limited | ₹100 Cr | Open | |
| 26 Feb 2026 | 101252916 | Axis Bank Limited | ₹20 Cr | Open | |
| 22 Dec 2025 | 101216286 | Others | ₹10 Cr | Open | |
| 01 Aug 2025 | 101141046 | Others | ₹15 Cr | Open | |
| 29 May 2025 | 101113158 | Others | ₹18 Cr | Open |
To see the full charge records of Choice International Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Choice International Limited has 157 deals on record (154 market trades, 1 acquisition, 1 rights issue); the latest was in June 2025.
Deals on record (5 of 157)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Market trade | ₹26.27 Cr | Buyer: Patodia Properties Private Limited |
| Mar 2023 | Market trade | ₹56.1 Cr | Buyer: Patodia Properties Private Limited |
| Jul 2020 | Market trade | ₹5.51 Cr | Buyer: Navratri Share Trading Private Limited Seller: Smeaton Developers Private Limited |
| Jun 2018 | Market trade | ₹3.8 Cr | Buyer: Smeaton Developers Private Limited Seller: Florence Securities Private Limited |
| Mar 2013 | Market trade | ₹75 Lakh | Buyer: an individual Seller: Emma Auto Ancillary Private Limited |
To see the full deal history of Choice International Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Choice International Limited has 3 court cases on record: 2 filed by Choice International, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| District court, New Delhi, Delhi | Court case (TM) | Filed by the company against Canara HSBC Oriental Bank of Commerce | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed against the company by an individual | Disposed |
To see the full case history of Choice International Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Choice International Limited was last rated by Icra on 06 Feb 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Feb 2017 |
To see the full credit ratings and regulatory alerts of Choice International Limited, buy the company report.
MSME payment delays
Choice International Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Choice International Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Choice International has 14 subsidiary companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Choice Consultancy Services Private Limited | U35100MH2010PTC198603 | |
| SKP Green Ventures Private Limited | U40106RJ2022PTC081872 | |
| Choice Capital Advisors Private Limited | U65990MH2010PTC198262 | |
| Choice Wealth Private Limited | U65999MH2010PTC198598 | |
| Choice Equity Broking Private Limited | U65999MH2010PTC198714 | |
| Choice Housing Finance Private Limited | U65999MH2021PTC369574 |
To see the full group structure of Choice International Limited, buy the company report.
Employees & EPFO
Choice International Limited has a workforce of 2 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Choice International has 13 GST registrations: 1 active and 12 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC4600K1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Choice International Limited, buy the company report.
Recent activity
Choice International Limited has 59 board changes on record since 2005: 36 appointments and 23 cessations. The latest: Barnali Mukherjee was appointed as Director on 27 Mar 2026.
84 earlier events are in the company report.
News
Frequently asked questions
Choice International is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 12 March 1993 (33+ years old) and is registered under CIN L67190MH1993PLC071117. Listed on BSE: 531358 and NSE: CHOICEIN.
Choice International reported revenue of ₹1,119.13 Cr for FY 2025-26 (up 21.5% YoY) based on consolidated financials.
Choice International has 12 current directors:
- Suyash Sunil Patodia - Managing Director
- Kamal Poddar - Managing Director
- Ajay Rajendra Kejriwal - Director
- Arun Kumar Poddar - Director
- Subodh Kumar Agrawal - Director
- Vinita Sunil Patodia - Director
- Kanhaiya Lal Berwal - Director
- Ashok Kumar Thakur - Director
- Sandeep Singh Kumar - Director
- Raj Kumar - Director
- Sobhag Jain - Director
- Barnali Mukherjee - Director
The latest financial statements of Choice International on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Choice International is 27AAACC4600K1ZX, registered in Maharashtra. The company has 13 GST registrations in all, of which 1 is active and 12 are cancelled or inactive.
The CIN (Corporate Identification Number) of Choice International is L67190MH1993PLC071117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Choice International is a listed company as per MCA records. Its shares are listed on both BSE (code: 531358) and NSE (symbol: CHOICEIN).
Choice International has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Choice International was incorporated on 12 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Choice International has 157 deals on record (154 market trades, 1 acquisition, 1 rights issue); the latest was in June 2025.
The peers of Choice International by revenue are Clix Capital Services Private Limited, Vistaar Financial Services Private Limited, Kotak Mahindra Investments Limited, Ikf Finance Limited, Lendingkart Finance Limited and 1 more, all in the BFSI industry (Large NBFC), with the same principal business activity (other financial activities).
Barnali Mukherjee was appointed as Director on 27 Mar 2026. Raj Kumar was appointed as Director on 22 Oct 2024. Sobhag Jain was appointed as Director on 04 May 2023. Choice International has 59 board changes on record in total.

