Choice International announced robust financial results for Q3 and 9M FY26, demonstrating substantial growth across key metrics. Revenue increased by 46% in Q3 and 25% over the nine-month period. EBITDA and PAT also saw significant jumps, indicating improved operational efficiency and profitability. These results reflect the company’s diversified business model and strategic focus on sustainable growth.
Q3 FY26 Performance Highlights
Choice International reported a strong performance for Q3 FY26, with significant increases in key financial metrics:
- Revenue reached ₹3,086 Mn, a 46% increase YoY.
- EBITDA stood at ₹1,170 Mn, marking a 90% YoY growth.
- PAT soared to ₹656 Mn, up by 114% compared to the same quarter last year.
9M FY26 Performance Overview
The company’s performance over the first nine months of FY26 also showed substantial growth:
- Revenue grew to ₹8,307 Mn, a 25% YoY increase.
- EBITDA reached ₹3,028 Mn, up by 53% YoY.
- PAT increased to ₹1,700 Mn, a 56% YoY rise.
Business Segment Performance
The company’s diversified business segments contributed to the overall strong financial results. The revenue split for 9M FY26 is as follows:
- Broking & Distribution: 58%
- NBFC: 14%
- Advisory: 28%
Key Business Updates
Significant progress and expansion across various business lines were achieved:
- Stock Broking: Increased client base with 1,234K demat accounts (up 24% YoY) and 269K+ active accounts (up 13% YoY). Client assets under stock broking reached ₹605 Bn.
- Wealth Management: Wealth Products AUM increased to ₹46,622 Mn (up 328% YoY).
- Insurance: Insurance premium stood at ₹835 Mn with 50,645 policies sold.
- NBFC: Total loan book at ₹7.56 Bn, with the retail loan book at ₹5.30 Bn.
- Advisory: Order book reached ₹7.48 Bn, with tentative fund raising of ₹97 Bn through 37 ongoing IPO mandates.
Strategic Initiatives and Expansion
Choice International continues to focus on expanding its reach and enhancing its service offerings through strategic initiatives:
- Increasing reach through new branches and franchisee network expansion.
- Strengthening touchpoints to provide better customer service.
- Focus on sustainable and meaningful expansion to establish presence in every district.
Source: BSE
