Choice International Ltd

The projects have been awarded by the State Governments of Maharashtra and Odisha. These contracts mark a significant step in expanding the company's footprint in the public sector transformation and infrastructure planning sectors across India. The company has been awarded a prestigious work order worth Rs 52.80 crores by the Maharashtra Institution for Transformation (MITRA), part of the Government of Maharashtra. This assignment is a crucial part of the World Bank-supported MahaSTRIDE Program aimed at enhancing institutional capabilities at the district level across the Chhatrapati Sambhajinagar Division. The engagement spans a period of five years and focuses on driving data-backed, growth-oriented decision-making. The project is aligned with India's vision of a $5 trillion economy and Maharashtra's goal of achieving a $1 trillion economy. The District Strategic Units (DSUs) established under this initiative will play a pivotal role in supporting these economic goals. Additionally, Choice Consultancy Services has emerged as the H1 (highest-ranked) bidder for the project titled 'Providing Engineering Consultancy Services in 58 Urban Local Bodies of Odisha State.' The project, floated by the State Urban Development Agency (SUDA) under the Housing and Urban Development Department, Government of Odisha, aims to enhance urban infrastructure planning and technical capacity to manage rapid urbanization across the state. With a proposed value of Rs 10.67 crores, this engagement is expected to span two years, pending the final confirmation of the work order. The company's involvement in these initiatives directly aligns with the Government of India's vision to modernize institutions, expand digital access, and promote inclusive economic growth. By contributing to these transformative programs, the company solidifies its position as a trusted partner in executing high-impact public development strategies across the nation, it added. Arun Poddar, CEO of Choice International, said: We are proud to deepen our engagement with public sector partners through these important assignments. Our commitment to advancing Institutional capabilities and urban infrastructure is unwavering, and we remain focused on delivering impact-driven, technology-enabled solutions that empower communities and contribute to India's long-term growth. These project wins further validate our strategic direction and reinforce our positioning as a trusted execution partner in high-value public sector initiatives. Headquartered in Mumbai, Choice Group is a decade old organization, engaged in providing diversified services on finance, engineering and consulting activities. It has its membership and registration with SEBI, RBI, NSE, BSE, MCX, NCDEX, AMFI and depository participant with CDSL & NSDL. The company's consolidated net profit jumped 35.85% to Rs 53.51 crore on 17.93% increase in revenue from operations to Rs 253 crore in Q4 FY25 over Q4 FY24. The scrip shed 0.11% to Rs 7.05.10 on the BSE. Powered by Capital Market - Live

Choice Consultancy Services, wholly owned subsidiary of Choice International, has announced the award of prestigious new contracts totalling approximately Rs 67 crore, further strengthening its leadership in driving rural and digital transformation initiatives across India. The company has been awarded an additional work order worth Rs 46.34 crore (Inclusive of GST) by the Office of the Registrar, Cooperative Societies, Bihar, for the computerization of 3576 Primary Agricultural Credit Societies (PACS). Building upon its strong performance during the first phase of the project, Choice Consultancy Services will continue to serve as the System Integrator, leveraging technology to enhance operational efficiency, transparency, and service delivery within PACS across the state. Choice team is currently working to digitize more than 9000 PACS across India and more than 4000 PACS in Bihar. In Karnataka, Choice Consultancy Services has been awarded a work order valued at Rs 10.23 crore (Inclusive of GST) by the Office of the Registrar, Cooperative Societies, Karnataka, for the computerization of 878 PACS. As part of this engagement, the company will undertake data digitization, migration, handholding, and support services across grassroots institutions, ensuring seamless digital transformation across rural communities. Additionally, Choice Consultancy Services has been appointed as the Project Monitoring Unit (PMU) by ITI and Tera Software for the implementation of the Amended BharatNet Program across West Bengal, Himachal Pradesh and the North Eastern region. Valued at Rs 10.26 crores (Inclusive of GST), the three-year assignment encompasses project monitoring, evaluation, vendor coordination, progress reporting, and strategic support to strengthen broadband connectivity in some of the remotest regions of the country.Powered by Capital Market - Live

Profit before tax (PBT) increased 33.97% to Rs 73.94 crore in Q4 Fy25 as compared with Rs 55.19 crore in Q4 FY24. EBITDA stood at Rs 98 crore, registering the growth of 42% in Q4 FY25, as compared with Rs 69 crore in Q4 FY24. EBITDA margin was at 38.54% in Q4 FY25 as against 32.05% in Q4 FY24. In the company's broking business, number of demat accounts stood at 10,86,000 in Q4 FY25, up 28% YoY. AUM for stock broking was at Rs 41,100 crore, registering the growth of 16% YoY , while AUM for wealth products stood at Rs 5,577 crore, up 793% YoY. Under the company's insurance broking business, insurance premium generated stood at Rs 93 crore, registering the growth of 49% YoY. The number of policies sold stood at 52,317 in Q4 FY25, up 259% YoY. In Q4 FY25, total loan book for NBFC segment stood at Rs 768 crore, retail loan book surged 105% YoY to Rs 629 crore. Net Non-Performing assets (NNPA) was 0.83% as on 31st March, 2025. In advisory business, order book stood at Rs 501 crore in Q4 FY25. On financial year basis, the company's consolidated net profit jumped 24.35% to Rs 162.71 crore in FY25 as compared with Rs 130.85 crore in FY24. Revenue from operations rose 21.25% YoY to Rs 910.38 crore in FY25. Kamal Poddar, managing director, Choice International, said, 'The broking and distribution business, contributing 62% to our total revenue, registered a YoY growth of 2%, generating Rs 129 crore in revenue during Q4 FY25. Our insurance broking business continues to build strong momentum, underpinned by a customer-centric approach. In Q4 FY25, Choice Insurance Broking reported a premium of Rs 93 crore, marking a solid 49% YoY growth. Our NBFC business, contributing 12% to total revenue, is gaining strong traction with a loan book of Rs 768 crore, including Rs 629 crore from retail lending. Rising credit demand in Tier Il and 1II cities, coupled with a focus on retail loans and the digital push via the 'Choice Money' app, has driven operational efficiency and revenue growth. Choice Consultancy, the cornerstone of our Advisory business and contributor of 26% to total revenues, holds a strong order book of Rs 501 crore. Our focus on impactful grassroot-level government projects has driven successful execution and a steady flow of new mandates. During the quarter, Choice Group acquired Arete Capital Services Pvt. Ltd., which boosted its AUM from Rs 1,090 crore to Rs 5,577 crore. This strategic acquisition enhances Choice Broking's position in wealth management and investment advisory, expanding its capabilities to better serve HNIs and institutional clients. As we close the year on a strong note, our commitment at Choice International remains unwavering: to empower communities through tailored financial solutions that deliver consistent returns while prudently managing risk.' Headquartered in Mumbai, Choice Group is a decade old organization, engaged in providing diversified services on finance, engineering and consulting activities. It has its membership and registration with SEBI, RBI, NSE, BSE, MCX, NCDEX, AMFI and depository participant with CDSL & NSDL. The counter hit an all-time high at Rs 606.20 in intraday today.Powered by Capital Market - Live

Net profit of Choice International rose 34.22% to Rs 51.69 crore in the quarter ended March 2025 as against Rs 38.51 crore during the previous quarter ended March 2024. Sales rose 17.92% to Rs 253.00 crore in the quarter ended March 2025 as against Rs 214.55 crore during the previous quarter ended March 2024. For the full year,net profit rose 21.48% to Rs 156.54 crore in the year ended March 2025 as against Rs 128.86 crore during the previous year ended March 2024. Sales rose 21.27% to Rs 910.38 crore in the year ended March 2025 as against Rs 750.68 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales253.00214.55 18 910.38750.68 21 OPM %38.0431.46 -31.2629.19 - PBDT76.7156.93 35 229.79187.40 23 PBT73.9555.20 34 221.30180.80 22 NP51.6938.51 34 156.54128.86 21 Powered by Capital Market - Live

Choice International will hold a meeting of the Board of Directors of the Company on 22 April 2025.Powered by Capital Market - Live

The project is awarded under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), launched as part of component C of the PM-KUSUM scheme to facilitate feeder-level solarisation across Maharashtra. In this project, Choice will act as the strategic consulting partner, leading the end-to-end advisory for project structuring, compliance management, and supervision across 18 substations in Maharashtra. Furthermore, it will oversee the installation of associated 11kV or 22kV lines and conduct testing and commissioning activities. With a 25-year power purchase agreement (PPA) framework in place, this initiative will support decentralized solar generation for agricultural feeders. The project is expected to generate revenue of approximately Rs 700 crore creating lasting value for rural communities and reinforcing the company's leadership in the green energy consulting space. This development marks a significant milestone in the journey of CCSPL, demonstrating its capacity to drive high-impact, sustainable infrastructure solutions. Arun Poddar, CEO of Choice International, stated, This project underscores our unwavering commitment to renewable energy and sustainable development. We are proud to contribute to Maharashtra's clean energy goals and play an active role in India's transition to a greener future. Choice International provides services like Broking & Distribution, Investment Banking, Financial services, etc. The company's consolidated net profit declined 25.4% to Rs 29.40 crore in Q3 FY25 as against Rs 39.42 crore posted in Q3 FY24. Net sales marginally rose 0.8% to Rs 211.49 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

Choice Consultancy Services (CCSPL), a wholly-owned subsidiary of Choice International, has secured a mandate the Maharashtra State Electricity Distribution Company (MSEDCL) for the development of a 45 MW (AC) solar plant. The project is awarded under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), launched as part of Component C of the PM-KUSUM scheme to facilitate feeder-level solarisation across Maharashtra. In this project, Choice will act as the strategic consulting partner, leading the end-to-end advisory for project structuring, compliance management, and supervision across 18 substations in Maharashtra.Powered by Capital Market - Live

Choice International announced that the company's material subsidiary Choice Equity Broking has entered in to agreement for acquiring entire stake in Arete Capital Services which is in the distribution of wealth products. The cost of acquisition is Rs 36 crore. Powered by Capital Market - Live

Net profit of Choice International declined 25.42% to Rs 29.40 crore in the quarter ended December 2024 as against Rs 39.42 crore during the previous quarter ended December 2023. Sales rose 0.99% to Rs 209.34 crore in the quarter ended December 2024 as against Rs 207.28 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales209.34207.28 1 OPM %28.4532.19 - PBDT45.4057.86 -22 PBT43.3156.21 -23 NP29.4039.42 -25 Powered by Capital Market - Live

Choice International will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live