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Choice International Ltd share Price Today

Company details

465.10
471.00
193.50
475.80
6M Return 80.68%
1Y Return 124.94%
Mkt Cap.(Cr) 9,312.00
Volume 3,70,013
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 3,70,013

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Capital Markets company Choice International announced Q1FY25 results:

Consolidated Financial Highlights:

  • Total Revenue of Rs 205.9 crore v/s. Rs 139.3 crore, up by 48%
  • EBITDA of Rs.58.2 crore v/s. Rs 37.6 crore, up by 55%. EBITDA Margins of 28.27% v/s 26.99%
  • PAT of Rs.32.0 crore v/s.Rs 21.3 crore, up by 51%. PAT Margins of 15.54% v/s 15.29%
  • Revenue contribution of 67% by Broking & Distribution, 21% by Advisory and 12% by NBFC 

Business Highlights:

  • Number of Demat Accounts stood at 890K, a growth of 23% YoY
  • AUM for Stock Broking stood at Rs 41.3K crore, a staggering growth of 28% YoY
  • AUM for Mutual Funds stood at Rs 878 crore, a spike of 111% YoY
  • Insurance premium generated Rs 47 crore, an increase of 39% YoY
  • Number of policies sold stood at 26,916, a surge of 236% YoY
  • Total Loan book for NBFC at the end of Q1 FY25 stood at Rs 453 crore
  • Retail Loan Book for Q1 FY25 stood at Rs 286 crore
  • Net-Non-Performing assets (NNPA) as on 30t Jun, 2024 was 1.25%
  • Advisory Order book stood at Rs 545 crore

Commenting on the Q1FY25 performance  Kamal Poddar, Managing Director said: "The Indian economy has started the new financial year on a strong note, establishing a solid foundation for the year ahead. Q1FY25, being focused on elections, led to a stock market rally, with Nifty and Sensex reaching alltime highs and providing excellent returns to investors. Choice has also ended the quarter on a higher note, clocking a revenue growth of 48%, achieving Q1FY25 revenue of Rs 206 crore. Our EBITDA and PAT for Q1FY25 stood at Rs 58 crore and Rs 32 crore respectively, further solidifying our success. Our steady performance in the first quarter underscores our commitment to achieving the financial goals we set for this year."

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Choice International Ltd shares SWOT Analysis

Strengths (5)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Good quarterly growth in the recent results
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Weakness (3)

  • Declining profits every quarter for the past 2 quarters
  • Declining Net Cash Flow : Companies not able to generate net cash
  • Book Value Per Share deteriorating for last 2 years

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 470.3
R2 473.6
R3 476.2
Pivot

467.72

S1 464.4
S2 461.8
S3 458.5
EMA SMA
455.9
431.1
397.3
346.1
458.2
425.2
394.0
332.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-01-25 539.9 244336 BSE
BNP PARIBAS ARBITRAGE Block Sell 2024-01-25 539.9 244336 BSE
PATODIA PROPERTIES PRIVATE LIMITED Bulk Purchase 2023-03-20 255 1100000 BSE
Name Category Shares
VINITA SUNIL PATODIA PROMOTER 12.44%
ARUNKUMAR PODDAR PROMOTER 8.13%
KAMAL PODDAR PROMOTER 8.02%
SUYASH SUNIL PATODIA PROMOTER 4.61%
HEMLATA KAMAL PODDAR PROMOTER 4.01%
SONU PODDAR PROMOTER 4.01%
ARCHANA ANIL PATODIA PROMOTER 3.16%
ANIL CHOTHMAL PATODIA PROMOTER 2.21%
ANIL CHOTHMAL PATODIA HUF PROMOTER 0.6%
SUNIL CHOTHMAL PATODIA HUF PROMOTER 0.6%
AAYUSH ANIL PATODIA PROMOTER 0.6%
AASTHA ANIL PATODIA PROMOTER 0.6%
PATODIA PROPERTIES PRIVATE LIMITED PROMOTER 4.25%
NS TECHNICAL CONSULTANCY PRIVATE LIMITED PROMOTER 2.6%
SHREE SHAKAMBHARI EXIMS PRIVATE LIMITED PROMOTER 1.2%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Choice International Ltd Stocks COMPARISON

Financials( in Cr) Choice International Ltd Bajaj Finance Ltd Bajaj Finserv Ltd Jio Financial Services Ltd Indian Railway Finance Corporation Ltd
Price 467.05 7,756.00 2,010.70 359.15 156.81
% Change -0.92 2.67 5.57 1.90 -1.22
Mcap Cr 9,312.00 4,80,093.30 3,21,040.83 2,28,178.19 2,04,927.24
Revenue TTM Cr 755.91 54,971.56 1,10,382.29 1,854.68 26,645.47
Net Profit TTM Cr 130.86 14,451.17 15,595.36 1,604.55 6,412.10
PE TTM 68.07 32.16 38.48 143.52 31.81
1 Year Return 124.94 -0.82 27.47 56.32 104.18
ROCE 25.40 11.92 13.15 0.03 5.73
ROE 25.53 22.05 29.22 0.02 13.66
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 622.52 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 17,492.71 71,886.12
LAST 3M 78,204.11 61,813.64
LAST 6M 1,87,352.46 86,996.15
LAST 12M 3,32,953.72 1,53,700.57
Choice International Limited - Trading Window

Sep 27, 2024 l NSE Announcement

Choice International Limited - Shareholders meeting

Sep 24, 2024 l NSE Announcement

Choice International Limited - Shareholders meeting

Sep 23, 2024 l NSE Announcement

Date Action Type Ratio
Feb 20, 2024 Bonus 1:1
Sep 22, 2022 Bonus 1:1

Choice International Ltd Information

Stock PE (TTM)
68.07
Promoter Holding
58.21%
Book Value
29.1312
ROCE
25.4%
ROE
25.53%
Description
  • Choice International Ltd, incorporated on March 12, 1993, is a RBI registered "Non-Banking Financial Company" (NBFC). The Company the provide performance-enhancing advisory services to global corporations. Since then, the firm has built a strong reputation globally as a provider of business consulting solutions targeting diverse facets of running a business enterprise. In FY 2011-12, the Company was registered as a Market Maker in SME segment of BSE. It converted Choice Equity Broking P. Ltd. Trading Membership into Clearing Membership of BSE F&O Segment. It got broking license in MCX-SX in cash and F&O segment. In FY 2012-13, the Company acquired Debt Market membership in National Stock Exchange (NSE) Limited; it started market making activities in Small and Medium Enterprises (SME) segment. The broking firm has acquired the membership under the Cash and F&O segment of MCX-SX. During Apr` 16, the Company had issued one Crore Warrants, which resultantly were converted in to Equity Shares on Preferential basis to the Promoters of the Company and were subsequently listed on "BSE Limited" the exchange on July 03, 2017 & were traded on the exchange with effect from July 18, 2017. The Company acquired 100 % stake in M/s. Choice Retail Solutions Private Limited, thus entering the league of Choice group by becoming the wholly owned subsidiary of the Company. It disposed of its holding in M/s. Choice E-Commerce Private Limited the Wholly owned Subsidiary Company & thus bolted down on its ECommerce Vertical. The Company launched `lnvestica` platform in 2017. The Equity Shares of Company were listed on the " NSE" Main Board platform effective from April 08, 2022. On April 08, 2021 the wholly owned subsidiary, M/s. Choice Equity Broking Private Limited (CEBPL) had entered in to the agreement with the promoters and shareholders of M/s. Escorts Securities Limited (ESL) for acquisition of the Company "ESL" from its existing Shareholder & Promoter. "ESL" before acquisition was a subsidiary of M/s. Escorts Limited a renowned Business House located at National Capital Region, listed on "BSE" & "NSE". On February 14, 2022 the entire control of " ESL" was taken over by wholly owned subsidiary "CEBPL". With effect from February 14, 2022 "ESL" the wholly owned subsidiary "CEBPL". Further pursuant to change in control and management the name of the Company " ESL" with effect from April 26, 2022 was changed to "Shreeyam Securities Limited". The Company acquired 50% stake in the Company M/s. Choice Insurance Broking India Private Limited by acquiring 6,60,000 Shares for a consideration of Rs. 59,40,000/- effective on October 29, 2021. A step down subsidiary M/s. Choice Wealth Private Limited has acquired mutual fund distribution business of"Centcart Money Services Private Limited" during 2021-22.

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 531358
NSE Code : CHOICEIN
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE102B01014

FAQ’s on Choice International Ltd Shares

You can buy Choice International Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Choice International Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 27, 2024 03:56 PM the closing price of Choice International Ltd was Rs.467.05.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 27, 2024 03:56 PM, the market cap of Choice International Ltd stood at Rs. 9,312.00 Cr.

The latest PE ratio of Choice International Ltd as of Sep 27, 2024 03:56 PM is 68.07

The latest PB ratio of Choice International Ltd as of Sep 27, 2024 03:56 PM is 0.06

The 52-week high of Choice International Ltd share price is Rs. 475.80 while the 52-week low is Rs. 193.50

According to analyst recommendations, Choice International Ltd Share has a "" rating for the long term.

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