Choice International Ltd.
•₹ 808.6-0.14%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Broking Services: 58.1% • Outsourcing: 26.4% • NBFC Operations: 12.1% • Other: 3.5%
PROS
- Company has delivered good profit growth of 67.3% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 22.1%
- Asset quality is healthy - gross NPA of just 0.0%
- Company has a good return on equity (ROE) track record: 3 Years ROE 21.7%
- Solid return on assets for a lender - ROA of 1.9%
CONS
- Capital adequacy is tight at 0.0% - limited headroom to grow
- Promoter holding has decreased over last 2 years: -4.6pp
- Stock is trading at 12.5x its book value
- Thin net interest margin of 0.0%
- Though reporting repeated profits, the company pays out little dividend (0.0%)
- Growth is decelerating - 3Y profit CAGR (44.8%) trails the 5Y trend (67.3%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | MCX | 2973.00 | 49.17 | 75809.08 | 0.27 | 413.44 | 103.47 | 702.00 | 88.10 | 28.14 | 70.40 |
| 2. | MOTILALOFS | 938.00 | 28.53 | 56497.92 | 0.64 | 1273.71 | 9.53 | 3425.76 | 25.49 | 12.68 | 57.49 |
| 3. | 360ONE | 1177.35 | 37.96 | 47905.10 | 1.02 | 330.53 | 16.11 | 1226.09 | 26.85 | 12.28 | 63.01 |
| 4. | NUVAMA | 1732.20 | 29.37 | 31805.89 | 1.62 | 305.64 | 15.83 | 1376.22 | 22.59 | 20.45 | 52.80 |
| 5. | ANGELONE | 289.50 | 25.63 | 26451.25 | 1.40 | 231.40 | 102.15 | 1429.69 | 25.35 | 14.87 | 33.92 |
| 6. | CHOICEIN | 799.55 | 74.94 | 17812.10 | 0.00 | 60.61 | 26.37 | 309.79 | 32.46 | 23.09 | 33.83 |
| 7. | IIFLCAPS | 334.20 | 18.45 | 10520.83 | 0.90 | 1841.63 | 949.18 | 6314.82 | 922.86 | 23.27 | 35.76 |
| 8. | SHAREINDIA | 175.65 | 10.58 | 3843.67 | 0.91 | 124.41 | 47.45 | 448.09 | 31.25 | 21.00 | 44.76 |
| 9. | ARSSBL | 498.35 | 24.21 | 3142.91 | 1.00 | 23.35 | 2.35 | 246.10 | 22.37 | 19.72 | 39.54 |
| 10. | MONARCH | 384.05 | 16.82 | 3045.84 | 0.26 | 45.18 | -0.15 | 90.89 | -7.25 | 33.26 | 66.00 |
| 11. | GEOJITFSL | 80.00 | 30.79 | 2232.98 | 1.88 | 19.83 | -30.83 | 160.40 | 7.46 | 9.35 | 20.55 |
| 12. | 5PAISA | 404.35 | 42.88 | 1895.68 | 0.00 | 115.69 | 901.82 | 883.29 | 1036.94 | 9.94 | 29.51 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 138 | 191 | 207 | 215 | 201 | 247 | 209 | 253 | 234 | 274 | 303 | 307 | 310 | |
| 102 | 142 | 141 | 147 | 148 | 172 | 150 | 157 | 151 | 185 | 192 | 191 | 239 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 3 | 3 | 2 | 5 | 2 | 2 | 2 | 4 | 10 | 5 | 7 | 9 |
| Interest | 7 | 10 | 11 | 12 | 13 | 15 | 16 | 22 | 21 | 21 | 21 | 26 | 28 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 10 | 6 |
| 29 | 40 | 56 | 55 | 43 | 61 | 43 | 74 | 63 | 74 | 92 | 87 | 80 | |
| Tax % | 27.66% | 25.20% | 28.34% | 28.62% | 26.24% | 23.40% | 29.02% | 27.63% | 23.74% | 24.12% | 28.98% | 21.74% | 24.17% |
| Net Profit | 0 | 0 | 0 | 0 | 32 | 46 | 31 | 54 | 48 | 56 | 66 | 68 | 61 |
| 2 | 3 | 4 | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 3 | 0 | |
| Equity Capital | 100 | 100 | 100 | 199 | 199 | 199 | 199 | 200 | 206 | 206 | 223 | 223 | 223 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 100 | 100 | 100 | 199 | 199 | 199 | 199 | 200 | 206 | 206 | 223 | 223 | 223 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 138
- 102
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 7
- Depreciation
- 1
- 29
- Tax %
- 27.66%
- Net Profit
- 0
- 2
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 191
- 142
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 10
- Depreciation
- 2
- 40
- Tax %
- 25.20%
- Net Profit
- 0
- 3
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 207
- 141
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 11
- Depreciation
- 2
- 56
- Tax %
- 28.34%
- Net Profit
- 0
- 4
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 100
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 215
- 147
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 12
- Depreciation
- 2
- 55
- Tax %
- 28.62%
- Net Profit
- 0
- 2
- Equity Capital
- 199
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 199
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 201
- 148
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 13
- Depreciation
- 2
- 43
- Tax %
- 26.24%
- Net Profit
- 32
- 2
- Equity Capital
- 199
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 199
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 247
- 172
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 15
- Depreciation
- 2
- 61
- Tax %
- 23.40%
- Net Profit
- 46
- 2
- Equity Capital
- 199
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 199
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 209
- 150
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 16
- Depreciation
- 2
- 43
- Tax %
- 29.02%
- Net Profit
- 31
- 2
- Equity Capital
- 199
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 199
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 253
- 157
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 22
- Depreciation
- 3
- 74
- Tax %
- 27.63%
- Net Profit
- 54
- 3
- Equity Capital
- 200
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 200
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 234
- 151
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 21
- Depreciation
- 3
- 63
- Tax %
- 23.74%
- Net Profit
- 48
- 2
- Equity Capital
- 206
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 206
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 274
- 185
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 21
- Depreciation
- 4
- 74
- Tax %
- 24.12%
- Net Profit
- 56
- 3
- Equity Capital
- 206
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 206
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 303
- 192
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 21
- Depreciation
- 3
- 92
- Tax %
- 28.98%
- Net Profit
- 66
- 3
- Equity Capital
- 223
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 223
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 307
- 191
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 26
- Depreciation
- 10
- 87
- Tax %
- 21.74%
- Net Profit
- 68
- 3
- Equity Capital
- 223
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 223
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 310
- 239
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 28
- Depreciation
- 6
- 80
- Tax %
- 24.17%
- Net Profit
- 61
- 0
- Equity Capital
- 223
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 223
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 184 | 130 | 143 | 127 | 129 | 169 | 284 | 389 | 751 | 910 | 1,194 | |
| 160 | 103 | 113 | 103 | 96 | 134 | 194 | 287 | 531 | 626 | 807 | |
| Operating Profit | 28 | 32 | 39 | 29 | 39 | 41 | 92 | 109 | 228 | 296 | — |
| OPM % | 15 | 24 | 27 | 22 | 30 | 25 | 33 | 28 | 30 | 33 | — |
| Other Income | 3 | 5 | 9 | 4 | 6 | 7 | 3 | 7 | 9 | 12 | 31 |
| Interest | 19 | 19 | 21 | 20 | 17 | 15 | 15 | 22 | 41 | 66 | 96 |
| Depreciation | 2 | 2 | 3 | 4 | 3 | 3 | 3 | 5 | 7 | 8 | 24 |
| 7 | 10 | 16 | 5 | 18 | 23 | 74 | 82 | 181 | 221 | 333 | |
| Tax % | 39 | 41 | 24 | 26 | 32 | 27 | 27 | 27 | 28 | 26 | 25 |
| Net Profit | 4 | 6 | 12 | 3 | 12 | 17 | 54 | 60 | 131 | 163 | 251 |
| EPS | 4 | 3 | 6 | 0 | 12 | 5 | 6 | 3 | 7 | 8 | — |
| Dividend Payout % | 23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 2 | 0 | -5 |
| Share of Associates | 0 | 0 | 0 | -3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 0 | 1 | 1 | 3 | 3 | 7 | 8 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 2 | 0 | -5 |
| Share of Associates | 0 | 0 | 0 | -3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 0 | 1 | 1 | 3 | 3 | 7 | 8 | — |
Mar 2016
- 184
- 160
- Operating Profit
- 28
- OPM %
- 15
- Other Income
- 3
- Interest
- 19
- Depreciation
- 2
- 7
- Tax %
- 39
- Net Profit
- 4
- EPS
- 4
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2017
- 130
- 103
- Operating Profit
- 32
- OPM %
- 24
- Other Income
- 5
- Interest
- 19
- Depreciation
- 2
- 10
- Tax %
- 41
- Net Profit
- 6
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 143
- 113
- Operating Profit
- 39
- OPM %
- 27
- Other Income
- 9
- Interest
- 21
- Depreciation
- 3
- 16
- Tax %
- 24
- Net Profit
- 12
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 127
- 103
- Operating Profit
- 29
- OPM %
- 22
- Other Income
- 4
- Interest
- 20
- Depreciation
- 4
- 5
- Tax %
- 26
- Net Profit
- 3
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -3
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- -3
- Adjusted EPS
- 0
Mar 2020
- 129
- 96
- Operating Profit
- 39
- OPM %
- 30
- Other Income
- 6
- Interest
- 17
- Depreciation
- 3
- 18
- Tax %
- 32
- Net Profit
- 12
- EPS
- 12
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 169
- 134
- Operating Profit
- 41
- OPM %
- 25
- Other Income
- 7
- Interest
- 15
- Depreciation
- 3
- 23
- Tax %
- 27
- Net Profit
- 17
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 284
- 194
- Operating Profit
- 92
- OPM %
- 33
- Other Income
- 3
- Interest
- 15
- Depreciation
- 3
- 74
- Tax %
- 27
- Net Profit
- 54
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2023
- 389
- 287
- Operating Profit
- 109
- OPM %
- 28
- Other Income
- 7
- Interest
- 22
- Depreciation
- 5
- 82
- Tax %
- 27
- Net Profit
- 60
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2024
- 751
- 531
- Operating Profit
- 228
- OPM %
- 30
- Other Income
- 9
- Interest
- 41
- Depreciation
- 7
- 181
- Tax %
- 28
- Net Profit
- 131
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2025
- 910
- 626
- Operating Profit
- 296
- OPM %
- 33
- Other Income
- 12
- Interest
- 66
- Depreciation
- 8
- 221
- Tax %
- 26
- Net Profit
- 163
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
TTM
- 1,194
- 807
- Operating Profit
- —
- OPM %
- —
- Other Income
- 31
- Interest
- 96
- Depreciation
- 24
- 333
- Tax %
- 25
- Net Profit
- 251
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -5
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -5
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 32%
- 5 Years:
- 48%
- 3 Years:
- 47%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 41%
- 5 Years:
- 67%
- 3 Years:
- 45%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 64%
- 1 Year:
- 2%
RETURN ON EQUITY
- 10 Years:
- 13%
- 5 Years:
- 19%
- 3 Years:
- 22%
- Last Year:
- 24%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 10 | 10 | 20 | 20 | 20 | 29 | 50 | 100 | 199 | 200 |
| 53 | 60 | 146 | 147 | 168 | 220 | 360 | 371 | 408 | 645 | |
| 106 | 138 | 172 | 162 | 139 | 125 | 182 | 120 | 225 | 168 | |
| Trade Payables | 40 | 6 | 10 | 9 | 7 | 14 | 17 | 28 | 27 | 27 |
| 23 | 73 | 80 | 128 | 168 | 267 | 366 | 489 | 945 | 1,574 | |
| Total Liabilities | 232 | 287 | 428 | 465 | 502 | 655 | 976 | 1,107 | 1,805 | 2,614 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 34 | 37 | 78 | 98 | 86 | 84 | 87 | 125 | 132 | 258 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 22 | 26 | 47 | 23 | 20 | 7 | 11 | 11 | 23 | 59 | |
| 8 | 9 | 17 | 25 | 31 | 9 | 24 | 8 | 1 | 19 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 187 | 275 | |
| Cash & Bank | 45 | 41 | 62 | 24 | 51 | 48 | 139 | 252 | 386 | 491 |
| 122 | 173 | 224 | 294 | 314 | 507 | 716 | 712 | 1,075 | 1,511 | |
| Total Assets | 232 | 287 | 428 | 465 | 502 | 655 | 976 | 1,107 | 1,805 | 2,614 |
| Total Debt | 119 | 147 | 177 | 166 | 143 | 151 | 220 | 206 | 454 | 461 |
| Net Working Capital | 20 | 22 | 39 | 46 | 113 | 197 | 331 | 361 | 506 | 687 |
| Contingent Liabilities | 190 | 149 | 126 | 85 | 84 | 64 | 58 | 160 | 384 | 175 |
| Book Value per Share | 63.46 | 69.74 | 62.23 | 62.44 | 73.11 | 72.46 | 74.01 | 43.07 | 28.38 | 40.19 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 119 | 147 | 177 | 166 | 143 | 151 | 220 | 206 | 454 | 461 |
| Net Working Capital | 20 | 22 | 39 | 46 | 113 | 197 | 331 | 361 | 506 | 687 |
| Contingent Liabilities | 190 | 149 | 126 | 85 | 84 | 64 | 58 | 160 | 384 | 175 |
| Book Value per Share | 63.46 | 69.74 | 62.23 | 62.44 | 73.11 | 72.46 | 74.01 | 43.07 | 28.38 | 40.19 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 10
- 53
- 106
- Trade Payables
- 40
- 23
- Total Liabilities
- 232
- 34
- Capital Work in Progress
- 0
- 22
- 8
- 0
- Cash & Bank
- 45
- 122
- Total Assets
- 232
- Total Debt
- 119
- Net Working Capital
- 20
- Contingent Liabilities
- 190
- Book Value per Share
- 63.46
- Face Value
- 10.00
- Total Debt
- 119
- Net Working Capital
- 20
- Contingent Liabilities
- 190
- Book Value per Share
- 63.46
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 10
- 60
- 138
- Trade Payables
- 6
- 73
- Total Liabilities
- 287
- 37
- Capital Work in Progress
- 0
- 26
- 9
- 0
- Cash & Bank
- 41
- 173
- Total Assets
- 287
- Total Debt
- 147
- Net Working Capital
- 22
- Contingent Liabilities
- 149
- Book Value per Share
- 69.74
- Face Value
- 10.00
- Total Debt
- 147
- Net Working Capital
- 22
- Contingent Liabilities
- 149
- Book Value per Share
- 69.74
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 20
- 146
- 172
- Trade Payables
- 10
- 80
- Total Liabilities
- 428
- 78
- Capital Work in Progress
- 0
- 47
- 17
- 0
- Cash & Bank
- 62
- 224
- Total Assets
- 428
- Total Debt
- 177
- Net Working Capital
- 39
- Contingent Liabilities
- 126
- Book Value per Share
- 62.23
- Face Value
- 10.00
- Total Debt
- 177
- Net Working Capital
- 39
- Contingent Liabilities
- 126
- Book Value per Share
- 62.23
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 20
- 147
- 162
- Trade Payables
- 9
- 128
- Total Liabilities
- 465
- 98
- Capital Work in Progress
- 0
- 23
- 25
- 0
- Cash & Bank
- 24
- 294
- Total Assets
- 465
- Total Debt
- 166
- Net Working Capital
- 46
- Contingent Liabilities
- 85
- Book Value per Share
- 62.44
- Face Value
- 10.00
- Total Debt
- 166
- Net Working Capital
- 46
- Contingent Liabilities
- 85
- Book Value per Share
- 62.44
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 20
- 168
- 139
- Trade Payables
- 7
- 168
- Total Liabilities
- 502
- 86
- Capital Work in Progress
- 0
- 20
- 31
- 0
- Cash & Bank
- 51
- 314
- Total Assets
- 502
- Total Debt
- 143
- Net Working Capital
- 113
- Contingent Liabilities
- 84
- Book Value per Share
- 73.11
- Face Value
- 10.00
- Total Debt
- 143
- Net Working Capital
- 113
- Contingent Liabilities
- 84
- Book Value per Share
- 73.11
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 29
- 220
- 125
- Trade Payables
- 14
- 267
- Total Liabilities
- 655
- 84
- Capital Work in Progress
- 0
- 7
- 9
- 0
- Cash & Bank
- 48
- 507
- Total Assets
- 655
- Total Debt
- 151
- Net Working Capital
- 197
- Contingent Liabilities
- 64
- Book Value per Share
- 72.46
- Face Value
- 10.00
- Total Debt
- 151
- Net Working Capital
- 197
- Contingent Liabilities
- 64
- Book Value per Share
- 72.46
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 50
- 360
- 182
- Trade Payables
- 17
- 366
- Total Liabilities
- 976
- 87
- Capital Work in Progress
- 0
- 11
- 24
- 0
- Cash & Bank
- 139
- 716
- Total Assets
- 976
- Total Debt
- 220
- Net Working Capital
- 331
- Contingent Liabilities
- 58
- Book Value per Share
- 74.01
- Face Value
- 10.00
- Total Debt
- 220
- Net Working Capital
- 331
- Contingent Liabilities
- 58
- Book Value per Share
- 74.01
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 100
- 371
- 120
- Trade Payables
- 28
- 489
- Total Liabilities
- 1,107
- 125
- Capital Work in Progress
- 0
- 11
- 8
- 0
- Cash & Bank
- 252
- 712
- Total Assets
- 1,107
- Total Debt
- 206
- Net Working Capital
- 361
- Contingent Liabilities
- 160
- Book Value per Share
- 43.07
- Face Value
- 10.00
- Total Debt
- 206
- Net Working Capital
- 361
- Contingent Liabilities
- 160
- Book Value per Share
- 43.07
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 199
- 408
- 225
- Trade Payables
- 27
- 945
- Total Liabilities
- 1,805
- 132
- Capital Work in Progress
- 0
- 23
- 1
- 187
- Cash & Bank
- 386
- 1,075
- Total Assets
- 1,805
- Total Debt
- 454
- Net Working Capital
- 506
- Contingent Liabilities
- 384
- Book Value per Share
- 28.38
- Face Value
- 10.00
- Total Debt
- 454
- Net Working Capital
- 506
- Contingent Liabilities
- 384
- Book Value per Share
- 28.38
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 200
- 645
- 168
- Trade Payables
- 27
- 1,574
- Total Liabilities
- 2,614
- 258
- Capital Work in Progress
- 1
- 59
- 19
- 275
- Cash & Bank
- 491
- 1,511
- Total Assets
- 2,614
- Total Debt
- 461
- Net Working Capital
- 687
- Contingent Liabilities
- 175
- Book Value per Share
- 40.19
- Face Value
- 10.00
- Total Debt
- 461
- Net Working Capital
- 687
- Contingent Liabilities
- 175
- Book Value per Share
- 40.19
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 28 | -20 | 4 | -12 | 26 | -45 | -34 | 138 | -148 | -294 | |
| Cash from Investing | 5 | -11 | -22 | 31 | 13 | 15 | -126 | -48 | -18 | -161 |
| Cash from Financing | -22 | 21 | 39 | -29 | -15 | 23 | 152 | -29 | 224 | 449 |
| 11 | -9 | 21 | -11 | 24 | -7 | -8 | 62 | 58 | -6 | |
| Free Cash Flow | 23 | -24 | -40 | -49 | 26 | -45 | -42 | 97 | -160 | -429 |
| OCF / Net Profit | 6.75 | -3.26 | 0.34 | -3.61 | 2.11 | -2.68 | -0.64 | 2.30 | -1.13 | -1.81 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -64 | -132 | -150 | -13 | -125 | -580 |
| OCF / Net Profit | 6.75 | -3.26 | 0.34 | -3.61 | 2.11 | -2.68 | -0.64 | 2.30 | -1.13 | -1.81 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -64 | -132 | -150 | -13 | -125 | -580 |
Mar 2016
- 28
- Cash from Investing
- 5
- Cash from Financing
- -22
- 11
- Free Cash Flow
- 23
- OCF / Net Profit
- 6.75
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 6.75
- Cumulative 5-Year FCF
- 0
Mar 2017
- -20
- Cash from Investing
- -11
- Cash from Financing
- 21
- -9
- Free Cash Flow
- -24
- OCF / Net Profit
- -3.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.26
- Cumulative 5-Year FCF
- 0
Mar 2018
- 4
- Cash from Investing
- -22
- Cash from Financing
- 39
- 21
- Free Cash Flow
- -40
- OCF / Net Profit
- 0.34
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.34
- Cumulative 5-Year FCF
- 0
Mar 2019
- -12
- Cash from Investing
- 31
- Cash from Financing
- -29
- -11
- Free Cash Flow
- -49
- OCF / Net Profit
- -3.61
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.61
- Cumulative 5-Year FCF
- 0
Mar 2020
- 26
- Cash from Investing
- 13
- Cash from Financing
- -15
- 24
- Free Cash Flow
- 26
- OCF / Net Profit
- 2.11
- Cumulative 5-Year FCF
- -64
- OCF / Net Profit
- 2.11
- Cumulative 5-Year FCF
- -64
Mar 2021
- -45
- Cash from Investing
- 15
- Cash from Financing
- 23
- -7
- Free Cash Flow
- -45
- OCF / Net Profit
- -2.68
- Cumulative 5-Year FCF
- -132
- OCF / Net Profit
- -2.68
- Cumulative 5-Year FCF
- -132
Mar 2022
- -34
- Cash from Investing
- -126
- Cash from Financing
- 152
- -8
- Free Cash Flow
- -42
- OCF / Net Profit
- -0.64
- Cumulative 5-Year FCF
- -150
- OCF / Net Profit
- -0.64
- Cumulative 5-Year FCF
- -150
Mar 2023
- 138
- Cash from Investing
- -48
- Cash from Financing
- -29
- 62
- Free Cash Flow
- 97
- OCF / Net Profit
- 2.30
- Cumulative 5-Year FCF
- -13
- OCF / Net Profit
- 2.30
- Cumulative 5-Year FCF
- -13
Mar 2024
- -148
- Cash from Investing
- -18
- Cash from Financing
- 224
- 58
- Free Cash Flow
- -160
- OCF / Net Profit
- -1.13
- Cumulative 5-Year FCF
- -125
- OCF / Net Profit
- -1.13
- Cumulative 5-Year FCF
- -125
Mar 2025
- -294
- Cash from Investing
- -161
- Cash from Financing
- 449
- -6
- Free Cash Flow
- -429
- OCF / Net Profit
- -1.81
- Cumulative 5-Year FCF
- -580
- OCF / Net Profit
- -1.81
- Cumulative 5-Year FCF
- -580
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 4.30 | 6.29 | 6.12 | 0.21 | 6.21 | 5.85 | 10.78 | 6.01 | 6.66 | 8.15 |
| Book Value (₹) | 63.46 | 69.74 | 62.23 | 62.44 | 73.11 | 72.46 | 74.01 | 43.07 | 28.38 | 40.19 |
| Dividend per Share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.30 | 1.73 | 1.55 | 0.72 | 1.66 | 1.45 | 2.86 | 3.26 | 6.89 | 8.58 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 14.98% | 24.26% | 27.42% | 22.46% | 30.26% | 24.53% | 32.58% | 27.97% | 29.23% | 31.21% |
| Net Margin % | 2.24% | 4.62% | 8.42% | 2.62% | 9.65% | 9.90% | 18.89% | 15.43% | 17.43% | 17.87% |
| ROE % | 6.67% | 9.03% | 12.39% | 2.67% | 9.17% | 9.46% | 18.64% | 15.08% | 26.32% | 23.78% |
| ROCE % | 14.02% | 14.36% | 13.78% | 8.42% | 11.74% | 11.15% | 18.54% | 16.93% | 26.29% | 23.09% |
| 1.80% | 2.32% | 3.37% | 0.75% | 2.57% | 2.89% | 6.57% | 5.77% | 8.99% | 7.36% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 182 | 282 | 295 | 264 | 224 | 181 | 101 | 92 | 74 | 93 |
| Inventory Days | 18 | 24 | 34 | 61 | 79 | 43 | 21 | 15 | 2 | 4 |
| Payable Days | 156 | 513 | 130 | 178 | 0 | 0 | 0 | 0 | 0 | 0 |
| 44 | -207 | 200 | 147 | 303 | 223 | 122 | 107 | 76 | 97 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.88x | 2.11x | 1.42x | 1.33x | 0.98x | 0.73x | 0.60x | 0.48x | 0.80x | 0.57x |
| Interest Coverage (x) | 1.36x | 1.54x | 1.76x | 1.22x | 2.05x | 2.47x | 5.77x | 4.71x | 5.44x | 4.34x |
| 1.13x | 1.11x | 1.15x | 1.16x | 1.41x | 1.55x | 1.63x | 1.71x | 1.56x | 1.58x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 224.91% | -29.22% | 9.61% | -11.10% | 1.39% | 30.99% | 68.14% | 37.17% | 92.88% | 21.27% |
| Operating Profit Growth % | 7.01% | 14.63% | 23.92% | -27.19% | 36.45% | 6.16% | 123.34% | 17.75% | 109.57% | 29.75% |
| Net Profit Growth % | -12.06% | 45.69% | 99.91% | -72.31% | 273.10% | 34.42% | 220.79% | 12.06% | 117.85% | 24.34% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 10.96% | 22.30% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 41.09x | 61.58x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.65x | 12.49x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 24.23x | 33.75x |
Mar 2016
- EPS (₹)
- 4.30
- Book Value (₹)
- 63.46
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 1.30
- Operating Margin %
- 14.98%
- Net Margin %
- 2.24%
- ROE %
- 6.67%
- ROCE %
- 14.02%
- 1.80%
- Debtor Days
- 182
- Inventory Days
- 18
- Payable Days
- 156
- 44
- Debt to Equity (x)
- 1.88x
- Interest Coverage (x)
- 1.36x
- 1.13x
- Revenue Growth %
- 224.91%
- Operating Profit Growth %
- 7.01%
- Net Profit Growth %
- -12.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 6.29
- Book Value (₹)
- 69.74
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.73
- Operating Margin %
- 24.26%
- Net Margin %
- 4.62%
- ROE %
- 9.03%
- ROCE %
- 14.36%
- 2.32%
- Debtor Days
- 282
- Inventory Days
- 24
- Payable Days
- 513
- -207
- Debt to Equity (x)
- 2.11x
- Interest Coverage (x)
- 1.54x
- 1.11x
- Revenue Growth %
- -29.22%
- Operating Profit Growth %
- 14.63%
- Net Profit Growth %
- 45.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 6.12
- Book Value (₹)
- 62.23
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.55
- Operating Margin %
- 27.42%
- Net Margin %
- 8.42%
- ROE %
- 12.39%
- ROCE %
- 13.78%
- 3.37%
- Debtor Days
- 295
- Inventory Days
- 34
- Payable Days
- 130
- 200
- Debt to Equity (x)
- 1.42x
- Interest Coverage (x)
- 1.76x
- 1.15x
- Revenue Growth %
- 9.61%
- Operating Profit Growth %
- 23.92%
- Net Profit Growth %
- 99.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.21
- Book Value (₹)
- 62.44
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.72
- Operating Margin %
- 22.46%
- Net Margin %
- 2.62%
- ROE %
- 2.67%
- ROCE %
- 8.42%
- 0.75%
- Debtor Days
- 264
- Inventory Days
- 61
- Payable Days
- 178
- 147
- Debt to Equity (x)
- 1.33x
- Interest Coverage (x)
- 1.22x
- 1.16x
- Revenue Growth %
- -11.10%
- Operating Profit Growth %
- -27.19%
- Net Profit Growth %
- -72.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 6.21
- Book Value (₹)
- 73.11
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.66
- Operating Margin %
- 30.26%
- Net Margin %
- 9.65%
- ROE %
- 9.17%
- ROCE %
- 11.74%
- 2.57%
- Debtor Days
- 224
- Inventory Days
- 79
- Payable Days
- 0
- 303
- Debt to Equity (x)
- 0.98x
- Interest Coverage (x)
- 2.05x
- 1.41x
- Revenue Growth %
- 1.39%
- Operating Profit Growth %
- 36.45%
- Net Profit Growth %
- 273.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 5.85
- Book Value (₹)
- 72.46
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.45
- Operating Margin %
- 24.53%
- Net Margin %
- 9.90%
- ROE %
- 9.46%
- ROCE %
- 11.15%
- 2.89%
- Debtor Days
- 181
- Inventory Days
- 43
- Payable Days
- 0
- 223
- Debt to Equity (x)
- 0.73x
- Interest Coverage (x)
- 2.47x
- 1.55x
- Revenue Growth %
- 30.99%
- Operating Profit Growth %
- 6.16%
- Net Profit Growth %
- 34.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 10.78
- Book Value (₹)
- 74.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.86
- Operating Margin %
- 32.58%
- Net Margin %
- 18.89%
- ROE %
- 18.64%
- ROCE %
- 18.54%
- 6.57%
- Debtor Days
- 101
- Inventory Days
- 21
- Payable Days
- 0
- 122
- Debt to Equity (x)
- 0.60x
- Interest Coverage (x)
- 5.77x
- 1.63x
- Revenue Growth %
- 68.14%
- Operating Profit Growth %
- 123.34%
- Net Profit Growth %
- 220.79%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 6.01
- Book Value (₹)
- 43.07
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.26
- Operating Margin %
- 27.97%
- Net Margin %
- 15.43%
- ROE %
- 15.08%
- ROCE %
- 16.93%
- 5.77%
- Debtor Days
- 92
- Inventory Days
- 15
- Payable Days
- 0
- 107
- Debt to Equity (x)
- 0.48x
- Interest Coverage (x)
- 4.71x
- 1.71x
- Revenue Growth %
- 37.17%
- Operating Profit Growth %
- 17.75%
- Net Profit Growth %
- 12.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 6.66
- Book Value (₹)
- 28.38
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.89
- Operating Margin %
- 29.23%
- Net Margin %
- 17.43%
- ROE %
- 26.32%
- ROCE %
- 26.29%
- 8.99%
- Debtor Days
- 74
- Inventory Days
- 2
- Payable Days
- 0
- 76
- Debt to Equity (x)
- 0.80x
- Interest Coverage (x)
- 5.44x
- 1.56x
- Revenue Growth %
- 92.88%
- Operating Profit Growth %
- 109.57%
- Net Profit Growth %
- 117.85%
- 10.96%
- P/E (x)
- 41.09x
- P/B (x)
- 9.65x
- Dividend Yield %
- 0.00%
- 24.23x
Mar 2025
- EPS (₹)
- 8.15
- Book Value (₹)
- 40.19
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.58
- Operating Margin %
- 31.21%
- Net Margin %
- 17.87%
- ROE %
- 23.78%
- ROCE %
- 23.09%
- 7.36%
- Debtor Days
- 93
- Inventory Days
- 4
- Payable Days
- 0
- 97
- Debt to Equity (x)
- 0.57x
- Interest Coverage (x)
- 4.34x
- 1.58x
- Revenue Growth %
- 21.27%
- Operating Profit Growth %
- 29.75%
- Net Profit Growth %
- 24.34%
- 22.30%
- P/E (x)
- 61.58x
- P/B (x)
- 12.49x
- Dividend Yield %
- 0.00%
- 33.75x
Documents
Announcements
- General Updates
2026-08-20 - Update on Acquisition of 100% stake of Choice Proptech Solutions Private Limited.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-17 - Earnings Call Transcript for Q1 and FY 27 Results.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Apr 2026
Feb 2026