Choice International Limited announced its unaudited financial results for the quarter ended September 30, 2026, reporting its strongest quarter ever with consolidated revenue of ₹379 crore, a 33% year-over-year increase. Net profit rose to ₹69.47 crore, up 23% YoY, with a PAT margin of 18.3%. The company also secured a ₹900 crore investment from South Korea’s NH Investment & Securities to support growth initiatives.
Strongest Quarter in History for Choice International
Choice International Limited, a diversified financial services and consulting group, has reported its highest-ever consolidated revenue for the quarter ended September 30, 2026. The company announced a record revenue of ₹3,729 million (₹379 crore), marking a substantial 33% increase compared to the same quarter last year (Q2 FY26), when revenue was ₹2,744 million.
Profitability and Margins
Consolidated net profit for Q2 FY27 stood at ₹695 million (₹69.47 crore), reflecting a 23% year-over-year growth from ₹565 million in Q2 FY26. The Profit After Tax (PAT) margin for the quarter was 18.33%, slightly down from 19.88% in the prior year’s comparable period. Consolidated EBITDA reached ₹1,306 million, with an EBITDA margin of 34.47%.
Strategic Investment and Business Developments
A significant development for the company was the receipt of ₹900 crore from NH Investment & Securities of South Korea. This strategic investment is earmarked to support the expansion of MTF (Margin Trading Facility) and foster broader business growth. Following the quarter-end, this investment completed, creating opportunities to strengthen capabilities across various financial services.
Key Business Highlights:
- Broking and Distribution: Demat accounts grew 14% YoY to 13.78 lakh. Assets under custody reached ₹66,300 crore, and the MTF book stood at ₹463 crore.
- Wealth Distribution: Total Assets Under Management (AUM) was approximately ₹6,047 crore. Equity AUM within mutual funds grew 49% YoY to ₹3,013 crore. Structured and fixed-income product distribution reached ₹1,636 crore in H1 FY27.
- Investment Banking: The company handled five IPOs during the quarter, raising approximately ₹680 crore.
- NBFC: The total loan book stood at ₹935 crore, with a focus on expanding retail lending.
- Bonus Share Recommendation: The Board of Directors recommended the issuance of bonus shares in the ratio of 1:1, subject to shareholder approval.
Quote from Management
Mr. Kamal Poddar, Managing Director, Choice International Limited, stated, “Our strongest-ever quarterly performance reinforces our strategy of building complementary businesses around India’s growing investment, financing and development needs. The ₹900 crore investment by NH Group is a significant step in this journey, bringing capital and international expertise to support our next phase of growth.”
Source: BSE
