Choice International Limited Approves Financial Results for FY2026, Details Investments and Corporate Changes
Choice International Limited announced on April 23, 2026, that its Board of Directors approved the Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 2026, along with the accompanying Auditor's Report.Financial Performance Highlights
The audited consolidated financial results show significant revenue and profit figures for the year ended March 31, 2026, compared to the previous year.The financial results for the quarter and year ended March 31, 2026, are detailed below:
Statement of Audited Consolidated Financial Results (Rs. In Lakhs)
| Metric | Quarter ended March 31, 2026 (Audited) | Quarter ended December 31, 2025 (Unaudited) | Quarter ended March 31, 2025 (Audited) | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| Revenue from Operations | 30,671.06 | 30,336.44 | 25,300.03 | 1,11,913.10 | 91,038.21 |
| Other Income | 713.55 | 523.57 | 203.72 | 2,537.05 | 1,128.61 |
| Total Income | 31,384.61 | 30,860.01 | 25,503.75 | 1,14,450.15 | 92,166.82 |
| Total Expenses | 22,715.31 | 21,620.21 | 18,109.05 | 82,810.96 | 70,037.13 |
| Profit Before Tax | 8,669.30 | 9,239.80 | 7,394.70 | 31,639.19 | 22,129.69 |
| Total Tax Expenses | 1,885.32 | 2,677.54 | 2,043.03 | 7,850.52 | 5,858.33 |
| Profit for the Quarter/Year | 6,783.98 | 6,562.26 | 5,351.67 | 23,788.67 | 16,271.36 |
| Total Comprehensive Income | 6,692.96 | 6,431.49 | 5,073.34 | 23,543.60 | 16,093.64 |
Standalone Results
The standalone financial results for the quarter and year ended March 31, 2026, were also reviewed, showing the following highlights:Statement of Audited Standalone Financial Results (Rs. In Lakhs)
| Metric | Quarter ended March 31, 2026 (Audited) | Quarter ended December 31, 2025 (Unaudited) | Quarter ended March 31, 2025 (Audited) | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| Total Income | 968.97 | 773.94 | 575.77 | 2,844.08 | 2,496.21 |
| Profit Before Tax | 477.68 | 148.14 | 193.16 | 732.66 | 1,143.69 |
| Profit After Tax | 358.49 | 68.13 | 123.47 | 508.98 | 834.01 |
Segment Revenue and Assets
The Group's operations are predominantly related to three segments: Broking & Distribution services, Advisory services, and NBFC services.Consolidated Segment wise Revenue and Assets (Rs. In Lakhs)
| Segment | Metric | March 31, 2026 (Q) | March 31, 2025 (Y) |
|---|---|---|---|
| Broking & Distribution Services | Total Revenue | 31,384.61 | 92,166.82 |
| Total Assets | 3,56,598.65 | 2,61,932.06 | |
| Advisory Services | Total Revenue | 25,028.85 | 21,705.09 |
| Total Assets | 58,129.10 | 21,705.09 | |
| NBFC Services | Total Revenue | 11.480.55 | 90,439.52 |
| Total Assets | 1,06,006.71 | 90,439.52 |
Corporate and Subsidiary Developments
The company reported several investments and subsidiary actions during the financial year ended March 31, 2026:* Subsidiary Acquisitions/Investments:
* The Holding Company advanced Rs. 6,250.20 lakhs towards the proposed acquisition of a 50% equity stake in Choice Insurance Broking India Private Limited. This transaction was approved by the Insurance Regulatory and Development Authority of India (IRDAI) on February 04, 2026.
* During the year, the Holding Company invested in Choice AMC Private Limited by subscribing to 500 lakhs equity shares at Rs.10 per share, amounting to Rs. 5,000 lakhs, and further subscribed to an additional 100 lakh equity shares, bringing the total investment to Rs. 6,611 lakhs.
* The Holding Company also invested in Choice Finserv Private Limited by subscribing to 92,14,585 equity shares at Rs.108 per share, totaling approximately Rs. 9,951.75 lakhs.
* The company acquired a 51% stake in Fintoo Wealth Private Limited during the quarter and year ended March 31, 2026, by subscribing to 520,408 equity shares at Rs.192.15 per share, for an aggregate of Rs. 999.96 lakhs.
* Warrant Conversions and Equity Structure:
* The Company, which had previously allotted warrants to Plutus Wealth Management LIP and Soansrishti Properties Private Limited, saw both preferential allottees request the conversion of the warrants into equity shares during the nine-month period, resulting in the issuance of 2,00,00,000 and 31,21,000 equity shares, respectively, at an issue price of Rs. 300 per equity share.
* The subsidiary Choice Equity Broking Private Limited saw 8,90,200 warrants converted into Equity shares over the nine months ended December 31, 2025.
* Merger Attempts:
* Choice Wealth Private Limited filed an application for merger with Arete Capital Service Private Limited on November 14, 2025, before the National Company Law Tribunal Bench at Mumbai.
* Regulatory Changes:
* The Company noted that the recognition of the New Labour Codes (including the Code on Wages, 2019, and the Industrial Relations Code, 2020) resulted in an estimated incremental impact of Rs. 154.91 lakhs under 'Employee cost' in the Profit and Loss statement during the quarter ended December 31, 2025, and year ended March 31, 2026.
Cash Flow Summary
Statement of Cash Flows for the Year Ended March 31, 2026 (Rs. In Lakhs)| Particulars | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
|---|---|---|
| Net cash used in Operating Activities (A) | (20,148.46) | (10,035.46) |
| Net cash used in Investing Activities (B) | (24,955.23) | (4,941.03) |
| Net cash generated in Financing Activities (C) | 51,738.01 | 15,023.88 |
| Net Increase in Cash and Cash equivalents (A+B+C) | 6,634.32 | 47.39 |
| Cash and Cash equivalents at the end of the year | 6,794.65 | 160.33 |
CHOICEIN Stock Price Movement
Today, Choice International Limited shares gained 1.59%, settling at ₹717.3 in post-market trading. The equity traded on a robust volume of 1.32 million shares, signaling strong buying interest through the close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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