Choice International Ltd : Revenue up by 33% in Q2 FY27

DHARMESH BHATT (Research Analyst) SEBI Registration No. INH000009685 ----- Financial Growth and Strategic Partnerships ----- The company's consolidated net profit (Profit After Tax) rose to ₹69.47 crore, reflecting a 23% increase compared to the same period last year, with a PAT margin of 18.3%. Consolidated EBITDA stood at ₹130.63 crore, maintaining a strong margin of 34.5%. A major highlight during the period was the completion of a strategic investment by South Korea’s NH Investment & Securities, which infused ₹900 crore into Choice Equity Broking. --- Segment Highlights --- Broking and Distribution: Demat accounts grew by 14% year-on-year to reach 13.78 lakh, backed by a network of 218 branches. Assets under custody stood at ₹66,300 crore, while the Margin Trading Facility (MTF) book reached ₹463 crore. Wealth Distribution: Total Assets Under Management (AUM) reached approximately ₹6,047 crore. Equity mutual fund AUM grew by 49% year-on-year to ₹3,013 crore, and PMS and AIF AUM surged by 127%. A pilot partnership with India Post Payments Bank also successfully onboarded over 25,000 customers. Investment Banking: The division handled five IPOs raising around ₹680 crore during the quarter, supported by a healthy forward pipeline of 24 mandates representing an estimated ₹6,210 crore in fundraising. Government Advisory & NBFC: The government advisory order book closed strong at ₹710 crore, alongside progress on the proposed acquisition of Feedback Infra. Meanwhile, the NBFC loan book stood at ₹935 crore, with a disciplined focus on scaling retail lending. Important Professional Highlights Record Financial Metrics:Highest-ever quarterly consolidated revenue of ₹379 crore (up 33% YoY). Disclosure /Disclaimer : Link: *****