Choice International Limited

CHOICEINNSE

Market snapshot · 2026-08-10 23:57 UTC

₹844.75

+₹3.60 (+0.43%)

MARKET CAP

₹18.82K Cr

STOCK P/E

75.0x

52W HIGH

₹860.50

52W LOW

₹568.70

BOOK VALUE

₹84.54

EPS

₹11.27

ROE

16.24%

SECTOR

Financials

DEBT/EQUITY

49.77

VOLUME

4.87L

P/B RATIO

9.99x

PEG RATIO

4.90

Sector

Financials

Themes

Investment Banking & BrokerageMadhusudan Kela PortfolioTop 20 Investors in India Portfolio

Earnings

AI Summary

✦ Clartha

Choice International is an Indian financial-services company spanning broking and distribution, advisory, and NBFC services. Equity broking, wealth management, insurance, and investment products drive distribution, while loans and corporate advisory add lending and fee revenue. Its Q1 FY27 earnings call on August 11 may clarify whether 22.9% revenue growth and 39.1% profit growth are repeatable. Stable margins and 16.2% ROE indicate consistent profitability, but 49.77 debt/equity materially increases leverage sensitivity and amplifies ROE risk. At 74.6x earnings, the stock appears rich versus its growth rate and carries limited valuation support. Neutral sentiment reflects the open question around sustained earnings momentum and leverage discipline.

Price Forecast

Current

₹844.75

High Target

—

Median Target

—

Low Target

—

Price history (1Y)

Analyst target range

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange (₹)Probability

3M₹696.89 - ₹1,05080%

6M₹648.21 - ₹1,15780%

12M₹589.42 - ₹1,33880%

Realized vol: +32.0% · Drift: +10.1%

Revenue Forecast

₹ Cr

Mar '26Current₹10.0

Sep 2026 ETrend estimate range

High₹14.4Base₹13.3Low₹12.3

PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share

Mar '26Current₹0.16

Sep 2026 ETrend estimate range

High₹0.14Base₹0.13Low₹0.11

PastCurrentTrend estimate: Low / Base / High

Analyst price target unavailable from FMP/yfinance. Analyst pillar unavailable from FMP/yfinance.

Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook

Neutral

69%

Analyst Consensus

Unavailable

Analyst coverage unavailable

Mean upsideNot available

Fundamentals

Strong

Fundamentals institutional score is 86 using EVA spread proxy 4.2%; growth durability 100.0.

Valuation

Premium valuation

Valuation institutional score is 44 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Unavailable

No usable analyst target or recommendation data was available.

Technical Structure

Strong Trend

Technicals institutional score is 87 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation and market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target PriceUnavailable

Mean UpsideNot available

Technical Score87%

Fundamental Score86%

Data CoverageMedium

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 59.9% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.46). Confidence: 60%.

Live forward EPS implies next-12-month EPS of ₹15.03. Applying the stock's normalized valuation corridor produces a fair range of ₹449.55 to ₹981.76, with base value near ₹704.76 (-16.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹15.03

Forward P/E

56.2x

Base Fair Value

₹704.76

Fair Range

₹449.55 - ₹981.76

Upside To Base

-16.6%

Estimate Source

Live forward EPS

Growth Estimate

+15.3%

P/B

5Y Average

14.34

Current

9.99

Overvalued

16.64

Undervalued

11.26

P/E

5Y Average

37.59

Current

74.96

Overvalued

65.32

Undervalued

29.91

P/S

5Y Average

8.94

Current

17.83

Overvalued

14.34

Undervalued

3.79

Peers & Comparison

Sector: Financials · Theme: Investment Banking & Brokerage

Investment Banking & Brokerage Peers5 peers

Avg P/E: 31.7x

Company	Rev. Growth	Margin	P/E	vs Avg	52W Perf.
RELIGARE ENTER. LTD. RELIGAREInvestment Banking & Brokerage	+22.1%	1.0%	89.0x Premium	+181% vs avg	-8.7%
IIFL FINANCE LIMITED IIFLInvestment Banking & Brokerage	+31.8%	24.2%	12.8x Undervalued	-60% vs avg	+35.9%
JM FINANCIAL LIMITED JMFINANCILInvestment Banking & Brokerage	-10.3%	30.9%	11.7x Undervalued	-63% vs avg	-20.3%
ANGEL ONE LIMITED ANGELONEInvestment Banking & Brokerage	+23.0%	20.7%	26.6x Undervalued	-16% vs avg	+14.6%
TSF INVESTMENTS LIMITED TSFINVInvestment Banking & Brokerage	+70.9%	44.6%	18.5x Undervalued	-42% vs avg	-3.2%

WHY THESE PEERS

CHOICE INTERNATIONAL LTD trades at a premium (75.0x vs peer avg 31.7x), implying higher growth or quality expectations from the Investment Banking & Brokerage cohort. Peers include RELIGARE ENTER. LTD., IIFL FINANCE LIMITED, JM FINANCIAL LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹9.65 CrMar 2026

Latest net profit

₹3.58 CrMar 2026

Latest EPS

₹0.16Mar 2026

Net margin

56.2%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %

Revenue
Net income
Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share

Revenue
EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore

Annual view

Debt
Free cash flow
Cash & equivalents

Results

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Dec 2025	Mar 2026
Sales +	3.44	3.64	3.55	3.49	3.14	2.72	7.00	5.81	6.37	5.27	6.58	7.60	9.65
Expenses +	1.82	1.51	1.75	1.78	1.62	1.83	2.31	2.42	2.86	3.31	4.06	5.29	4.23
Operating Profit	1.62	2.13	1.80	1.71	1.52	0.89	4.69	3.39	3.51	1.96	2.52	2.31	5.42
OPM %	47.09%	58.52%	50.70%	49.00%	48.41%	32.72%	67.00%	58.35%	55.10%	37.19%	38.30%	30.39%	56.17%
Other Income +	0.02	0.01	0.01	0.00	0.00	0.15	0.00	0.00	0.02	0.48	0.45	0.14	0.04
Interest	0.99	1.17	0.98	1.00	0.96	0.90	0.95	0.39	0.42	0.38	0.63	0.66	0.35
Depreciation	0.13	0.13	0.12	0.12	0.12	0.11	0.11	0.12	0.12	0.13	0.30	0.31	0.33
Profit before tax	0.52	0.84	0.71	0.59	0.44	0.03	3.63	2.88	2.99	1.93	2.04	1.48	4.78
Tax %	30.77%	-11.90%	23.94%	25.42%	15.91%	-33.33%	17.63%	23.26%	36.45%	36.27%	23.04%	54.05%	24.90%
Net Profit +	0.37	0.93	0.54	0.43	0.38	0.04	3.00	2.21	1.90	1.23	1.56	0.68	3.58
EPS in Rs	0.02	0.05	0.03	0.02	0.02	0.00	0.15	0.11	0.10	0.06	0.08	0.03	0.16
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

Holder	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters +	56.44%	56.61%	53.66%	53.66%	53.66%
FIIs +	13.97%	12.97%	12.16%	11.41%	10.10%
DIIs +	0.19%	0.28%	0.30%	0.35%	0.28%
Public +	29.39%	30.15%	33.89%	34.59%	35.97%
Others	0.01%	—	—	—	—

Jun 2026

Promoters +

FIIs +

DIIs +

Public +

Events Timeline

Intimation Of Q1 - FY27 Earnings Conference Call

Aug 05, 2026PDFCompany Reports Open

Board Meeting Intimation for Intimation Of Board Meeting To Consider And Approve The Un-Audited Financials Results (Standalone And Consolidated) For The Quarter Ended June 30, 2026.