Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
Choice International Ltd (CHOICEIN)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531358 NSE: CHOICEIN Finance - Stock Broking | Small Cap | Choice International Share Price
₹754.85 -6.40 (-0.84%)
As on 23-Sep'26 10:00
Choice International Ltd (CHOICEIN)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531358 NSE: CHOICEIN Finance - Stock Broking | Small Cap | Choice International Share Price
₹754.85 -6.40 (-0.84%)
As on 23-Sep'26 10:00
Key Metrics
Valuation Multiples
Market Cap
₹16,959 Cr.
Current Price
₹754.9
52-Week Low / High
₹569 / 860
TTM EPS
₹10.7
TTM Sales
₹1,194 Cr.
Book Value per Share
₹74.6
P/E Ratio
71.35
Industry PE
47.8
Price to Book (P/B)
10.21
Lower than its 5-year historical median
Price to Sales (P/S)
14.20
Lower than its 5-year historical median
EV/EBITDA
38.27
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
19.96%
Outperforms industry median
Return on Capital Employed (ROCE)
19.43%
Outperforms industry median
Return on Assets (ROA)
7.63%
Operating Profit Margin
35.9%
Net Profit Margin
21.26%
Gross Profit Margin
30.1%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
13.25%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
40.59%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
46.2%
Asset Quality
Promoter Holding
53.65%
Pledged shares (%) of Promoter's holding (%)
11.90%
Reserves
₹1,438 Cr.
Equity
₹222.8 Cr.
Face Value
₹10
All Time Low / High
₹0.10 / 860.00
Check Before You Invest
Quality
Somewhat GoodValuation
Somewhat OvervaluedCheck Valuation charts
Price Trend
Semi Strong
Is Choice International Ltd a good quality company?
Choice International Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Choice International Ltd performance compare with that of its Peers?
Revenue growth of Choice International Ltd vs industry peers?
Choice International Ltd revenue CAGR is 45.99%, compared to the industry median CAGR of 9.57%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Choice International Ltd?
Promoters hold 53.65% of the Choice International Ltd, with 11.90% of their stake pledged, indicating high pledge risk.
Stock return of Choice International Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 53.3% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Choice International Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 8% | 8.2% | 4.9% | 3.7% | 3.1% | 2.8% | 2.2% | 1.9% | 3.5% | 1.3% | - |
| Value Creation Index ⓘ | -0.4 | -0.4 | -0.7 | -0.7 | -0.8 | -0.8 | -0.8 | -0.9 | -0.7 | -0.9 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 19.6 | 22.6 | 12.8 | 8.8 | 8.4 | 11.3 | 13 | 12.9 | 24.5 | 27.7 | 33 |
| Sales YoY Gr. | - | 15.3% | -43.6% | -31.4% | -4.6% | 34.9% | 14.8% | -0.5% | 89.8% | 13.3% | - |
| Adj EPS ⓘ | 0.5 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.4 | 0.2 | 0.4 |
| YoY Gr. | - | -55.6% | -29.2% | 23.5% | -19.1% | -29.4% | 0% | -41.7% | 500% | -45.2% | - |
| BVPS (₹) ⓘ | 11.1 | 10 | 10.2 | 10.4 | 10.6 | 12.8 | 12.9 | 13.1 | 13.7 | 43.7 | 43.9 |
| Adj Net Profit ⓘ | 2.6 | 2.3 | 1.6 | 2 | 2.3 | 2.4 | 2.3 | 1.4 | 8.3 | 5.1 | 8 |
| Cash Flow from Ops. ⓘ | -17.9 | -37.4 | 94.8 | -2.8 | 13 | 5.9 | 47.7 | 0.8 | -100 | -201 | - |
| Debt/CF from Ops. ⓘ | -2.7 | -2.9 | 0 | -8.3 | 2.6 | 4.7 | 0.8 | 47 | -0.1 | -0.1 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 3.9% | 27.1% | 28.9% | 13.3% | ||||
| Adj EPS ⓘ | -9.1% | 6.2% | 24.2% | -45.2% | ||||
| BVPSⓘ | 16.4% | 32.7% | 50.1% | 218.4% | ||||
| Share Price | 53.2% | 89.4% | 54.2% | -7.5% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 5 | 3.1 | 1.7 | 2 | 1.9 | 1.2 | 0.9 | 0.5 | 3.1 | 0.8 | 0.8 |
| Op. Profit Mgn % ⓘ | 37 | 59.6 | 61 | 56.9 | 67.1 | 65.4 | 53.4 | 46.2 | 55.5 | 40.6 | 43.9 |
| Net Profit Mgn % ⓘ | 13.2 | 10.2 | 12.6 | 22.5 | 27.5 | 21.6 | 17.7 | 10.8 | 34.1 | 18.4 | 24.6 |
| Debt to Equity ⓘ | 0.9 | 1.2 | 0 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0 | - |
| Working Cap Days ⓘ | 521 | 1,090 | 1,405 | 853 | 1,706 | 1,569 | 995 | 488 | 1,118 | 3,115 | 1,236 |
| Cash Conv. Cycle ⓘ | -4 | -6 | -4 | 49 | 38 | -24 | 6 | 27 | -5 | -16 | 1,151 |
Valuation of Choice International - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 11.45 | 11.45 | 13.84 | 13.84 | 13.84 | 13.84 | 13.79 | 13.94 | 11.90 | 11.90 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income + | 135 | 152 | 131 | 135 | 176 | 287 | 396 | 759 | 922 | 1,145 |
| Exceptional Items ⓘ | 5 | 9 | 4 | 6 | 7 | 3 | 7 | 9 | 11 | 25 |
| Expenditure ⓘ + | 125 | 136 | 127 | 116 | 153 | 213 | 314 | 579 | 700 | 828 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 10 | 16 | 5 | 18 | 23 | 74 | 82 | 181 | 221 | 316 |
| Taxes ⓘ | 4 | 4 | 1 | 6 | 6 | 20 | 22 | 50 | 59 | 79 |
| Profit After Tax | 6 | 12 | 3 | 12 | 17 | 54 | 60 | 131 | 163 | 238 |
| Adjusted EPS (₹) | 1.3 | 1.3 | 0.0 | 1.3 | 1.2 | 2.7 | 3.0 | 6.7 | 7.8 | 9.8 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Equity Capital + | 70 | 166 | 167 | 188 | 249 | 410 | 477 | 623 | 844 | 1,672 |
| Short term borrowings | 137 | 169 | 161 | 139 | 122 | 178 | 96 | 225 | 168 | 243 |
| Long Term Borrowings | 14 | 10 | 12 | 15 | 34 | 43 | 119 | 259 | 313 | 442 |
| Current Liabilities | 193 | 252 | 287 | 274 | 357 | 522 | 507 | 906 | 1,200 | 1,349 |
| Trade Payables | 6 | 10 | 9 | 7 | 14 | 17 | 28 | 27 | 27 | 50 |
| Other Liabilities | -134 | -179 | -170 | -121 | -121 | -195 | -125 | -243 | -12 | -293 |
| Total Liabilities ⓘ | 287 | 428 | 465 | 502 | 655 | 976 | 1,107 | 1,805 | 2,619 | 3,614 |
Assets | ||||||||||
| Non Current Asset + | 71 | 137 | 132 | 116 | 100 | 123 | 239 | 393 | 726 | 898 |
| Current Asset + | 215 | 291 | 333 | 386 | 554 | 853 | 868 | 1,412 | 1,893 | 2,716 |
| Total Assets ⓘ | 287 | 428 | 465 | 502 | 655 | 976 | 1,107 | 1,805 | 2,619 | 3,614 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -20 | 4 | -12 | 26 | -45 | -34 | 138 | -148 | -294 | -267 |
| Cash Flow From Investing Activity ⓘ | -11 | -22 | 31 | 13 | 15 | -126 | -48 | -18 | -161 | -277 |
| Cash Flow From Financing Activity ⓘ | 21 | 39 | -29 | -15 | 23 | 152 | -29 | 224 | 449 | 600 |
| Net Cash Flow ⓘ | -9 | 21 | -11 | 24 | -7 | -8 | 62 | 58 | -6 | 56 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
Operational & Financial Ratios | ||||||||||
| EPS (₹) | 6.30 | 6.10 | 0.20 | 6.20 | 5.90 | 10.80 | 6 | 6.70 | 7.80 | 9.80 |
| DPS (₹) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BVPS (₹) | 69.7 | 62.2 | 62.4 | 73.1 | 72.5 | 74 | 43.1 | 28.4 | 39.2 | 71.8 |
Performance Ratios | ||||||||||
| ROA (%) | 2.3 | 3.4 | 0.8 | 2.6 | 2.9 | 6.6 | 5.8 | 9.0 | 7.4 | 7.6 |
| ROE (%) | 9.0 | 12.4 | 2.7 | 9.2 | 9.5 | 18.6 | 15.1 | 26.3 | 24.1 | 20.0 |
| ROCE (%) | 14.4 | 13.8 | 8.4 | 11.7 | 11.2 | 18.5 | 16.9 | 26.3 | 21.2 | 19.4 |
Valuation Parameters | ||||||||||
| Price/Book(x) | 0.8 | 2.0 | 1.1 | 1.0 | 1.7 | 3.1 | 6.6 | 9.7 | 12.8 | 8.5 |
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Choice International Ltd FAQs
The current trading price of Choice International on 23-Sep-2026 10:00 is ₹754.9.
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 22-Sep-2026 the market cap of Choice International stood at ₹16,958.9 Cr
The latest P/E ratio of Choice International as of 22-Sep-2026 is 2,112.5.
The latest P/B ratio of Choice International as of 22-Sep-2026 is 17.36.
The 52-week high of Choice International is ₹860.0 and the 52-week low is ₹568.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Choice International is ₹32.66 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Choice International Ltd is a average quality company.
The key valuation ratios of Choice International Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Choice International Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
About Choice International Ltd
Choice International was established in the year 1993 as SK Patodia and Associates. The company started with initial services in area of debt syndication.
The company is promoted by Sunil Patodia. It later changed its name to Choice International. It is a global solution provider of business consulting, which was incorporated with a vision to provide world class management advisory services to several facets of enterprises.
The company offers services in area of project financing, assisting in raising funds by equity or debt routes, debt structuring, private equity, acquisitions, long term strategic planning, turnaround and structuring and joint ventures, divestitures and takeovers.
Currently the company is handling proposals for companies in varied sectors like banking and financial services, communications, healthcare, insurance, logistics, manufacturing, pharmaceuticals, retail and consumer products, travel and leisure and utilities and energy.
It also offers advisory and structuring assistance to a number of small and medium scale enterprises.
The company has the experience in successfully handling a number of assignments relating to stock exchange compliances. It has strong relationships with bankers and financial institutions.
Services Offering
- Debt Syndication
- Equity Assistance
- Insurance Advisory
- Outsourcing
The company is in process of applying for insurance broking approval from IRDA. It is also exploring newer service areas to cater to foreign investors willing to invest in India such as foreign exchange consulting, merchant banking license, opening international financial centres, debt syndication and equity assistance target to the size of Rs 2500 crore.
Currently, the company's are offices located in Mumbai, New Delhi, Bengaluru, Kolkata, Jaipur and Hong Kong.
You have 49 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
