Choice International announced a 22% YoY increase in PAT for Q2 FY26, reaching ₹56 Cr. Total Revenue grew by 14% YoY to ₹284.10 Cr. The company highlights growth across stock broking, advisory, and NBFC segments. Demat accounts increased by 29% YoY, and client assets under stock broking saw a 25% YoY surge. Choice AMC received final approval, marking entry into investment management.
Financial Performance Highlights
Choice International reported strong financial results for Q2 FY26:
- Total Revenue: ₹284.10 Cr, a 14.00% increase YoY.
- EBITDA: ₹98.98 Cr, up 27.45% YoY.
- EBITDA Margin: 34.84%.
- PAT: ₹56.46 Cr, a 21.55% increase YoY.
- PAT (%): 19.87%.
For the half-year ended September 30, 2025:
- Total Revenue: ₹522.06 Cr, up 14.70% YoY.
- EBITDA: ₹185.78 Cr, up 36.71% YoY.
- PAT: ₹104.42 Cr, up 33.09% YoY.
Key Business Developments
Significant developments across business segments:
- Stock Broking contributed 59% of revenue, Advisory 26%, and NBFC 15%.
- Demat Accounts reached 12.05L, a 29% increase YoY.
- Client Assets under Stock Broking: ₹57.6K Cr, a 25% growth YoY.
- AUM for Wealth Products: ₹4,807 Cr, surged by 327% YoY.
- Insurance premium generated: ₹66 Cr, a 2% increase YoY.
- NBFC Loan book: ₹716 Cr.
- Advisory segment order book: ₹666 Cr.
Strategic Initiatives
Choice Consultancy Services Private Limited (CCSPL) secured project mandates worth approximately ₹140 Cr across various sectors including housing, agriculture, and water resource management. Choice AMC Private Limited received final approval to act as the Asset Management Company for Choice Mutual Fund, marking its formal entry into investment management.
Source: BSE