Choice International Limited reported its consolidated financial results for the quarter ended June 30, 2025, showing healthy year-on-year (YoY) growth in revenue and profit despite sequential softness.
For Q1 FY26, the company posted a total revenue of ₹237.95 crore, up 15.55% YoY from ₹205.93 crore in Q1 FY25. However, revenue declined 6.70% QoQ from ₹255.04 crore in Q4 FY25.
EBITDA surged 49.06% YoY to ₹86.80 crore, though it fell 11.69% QoQ. The EBITDA margin improved sharply to 36.48% from 28.28% a year earlier but slipped sequentially.
Profit after tax (PAT) also rose strongly by 49.88% YoY to ₹47.96 crore, compared to ₹32.00 crore in the year-ago quarter, while declining about 10% QoQ. PAT margin expanded to 20.16%, up 462 basis points YoY.
Key Segmental and Business Highlights:
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Stock Broking remained the largest contributor at 60% of revenue, followed by 24% from Advisory and 16% from NBFC.
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Demat accounts grew 29% YoY, reaching 11.5 lakh accounts.
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Client assets under Stock Broking stood at ₹47,800 crore, up 16% YoY.
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AUM for Wealth Products soared 443% YoY to ₹4,769 crore.
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Insurance premium generated was ₹76 crore, up 62% YoY, with 39,182 policies sold, growing 46% YoY.
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The total loan book (NBFC segment) reached ₹745 crore, with retail loan book at ₹596 crore. Net NPA stood at 2.25% as of June 30, 2025.
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Advisory segment’s order book stood at ₹586 crore.
Commentary from Management:
Managing Director Mr. Kamal Poddar said:
“Choice has commenced FY26 on a strong footing, building upon the solid momentum of the previous year. Notably, our branch footprint expanded to 208 locations from 149 a year ago. We also secured Government Advisory mandates worth ₹130 crore during the quarter, reaffirming our position as a trusted partner in public sector transformation and strengthening our pipeline.”
He highlighted continued focus on corporate insurance, UHNI & corporate wealth clients, and green finance opportunities, including rooftop solar funding.
Table: Key Financial Metrics
| Particulars (₹ crore) | Q1 FY26 | Q1 FY25 | YoY | Q4 FY25 | QoQ |
|---|---|---|---|---|---|
| Total Revenue | 237.95 | 205.93 | 15.55% | 255.04 | -6.70% |
| EBITDA | 86.80 | 58.23 | 49.06% | 98.29 | -11.69% |
| EBITDA Margin (%) | 36.48% | 28.28% | 820 bps | 38.54% | -206 bps |
| PAT | 47.96 | 32.00 | 49.88% | 53.52 | -10.39% |
| PAT (%) | 20.16% | 15.54% | 462 bps | 20.98% | -82 bps |
Disclaimer: The information provided above is for informational purposes only and should not be construed as investment advice. Stock market investments are subject to market risks. Please consult a financial advisor before making any investment decisions.
