Choice International Ltd, established in 1993, is a diversified and integrated financial services conglomerate headquartered in Mumbai, India. Founded by CA Sunil Kumar Patodia, the company has evolved into a one-stop solution provider for a wide spectrum of financial services. Its offerings range from retail broking, institutional equities, and investment management to insurance broking, advisory services, and business finance. Additionally, Choice International is actively involved in investment banking, private equity, regulatory compliance advisory, and mutual fund distribution. The company operates through several subsidiaries, including Choice Equity Broking Private Limited, Choice Capital Advisors Private Limited, and Choice Finserv Private Limited. A member of premier financial exchanges such as BSE, NSE, NCDEX, and MCX, the company underscores its commitment to market excellence and innovation. Enhancing its service delivery, Choice International has launched a cutting-edge SuperApp, Choice FinX, designed to provide customized wealth management solutions. Under the leadership of Kamal Poddar, the Managing Director, and Vinita Sunil Patodia, the Non-Executive Non-Independent Chairman, the company continues to strengthen its market presence, catering to the diverse financial needs of both individual and corporate clients with a vision for sustainable growth and innovation.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 57.98% | 58.21% | 58.21% | 58.21% | 58.21% |
FIIs + | 13.58% | 12.44% | 12.22% | 12.72% | 13.70% |
DIIs + | 0.05% | 0.06% | 0.07% | 0.09% | 0.18% |
Government + | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Public + | 28.41% | 29.29% | 29.51% | 28.98% | 27.92% |
No. of Shareholders | 8,096 | 18,513 | 18,524 | 19,415 | 23,768 |
The shareholding pattern of Choice International Ltd reflects a dynamic and diversified ownership structure, showcasing stability among promoters and growing interest from institutional and retail investors. The promoters’ stake, which started at 57.98% in December 2023, saw a slight increase to 58.21% by March 2024 and remained steady through the rest of the year, underscoring the promoters’ confidence in the company’s long-term prospects. Foreign Institutional Investors (FIIs) exhibited fluctuating trends, holding 13.58% in December 2023, which dipped to 12.22% by June 2024 but rebounded to 13.70% by December 2024, indicating their responsive approach to market conditions. Domestic Institutional Investors (DIIs), though representing a smaller portion, steadily increased their stake from 0.05% in December 2023 to 0.18% by December 2024, highlighting growing domestic confidence in the company’s performance. The public shareholding, while showing a minor decline from 28.41% in December 2023 to 27.92% by December 2024, was offset by a significant rise in the number of shareholders, which grew from 8,096 to 23,768 over the same period. This substantial increase in the shareholder base indicates an expanding interest in Choice International Ltd among retail investors.
Latest News on Choice International
Choice Equity Broking Private Limited, a key subsidiary of Choice International Ltd, has recently entered into an exclusive partnership with StockBee, an advanced AI-powered news platform. This strategic collaboration is set to redefine the way investors and traders access and utilize financial news. Leveraging StockBee’s cutting-edge artificial intelligence capabilities, the partnership aims to deliver real-time, personalized, and actionable insights to users, empowering them to make informed investment decisions. By integrating StockBee’s innovative technology into its offerings, Choice Equity Broking underscores its commitment to enhancing user experience and staying ahead in the dynamic financial services landscape. This development highlights Choice International’s forward-looking approach in adopting technology-driven solutions to cater to the evolving needs of its clients.
Below are the trading platforms that you can use to purchase Choice International shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
February 2025 | 582.99 | 448.45 |
March 2025 | 595.23 | 457.87 |
April 2025 | 589.34 | 453.34 |
May 2025 | 572.17 | 440.13 |
June 2025 | 597.92 | 459.94 |
July 2025 | 586.20 | 450.92 |
August 2025 | 604.33 | 464.87 |
September 2025 | 611.58 | 470.45 |
October 2025 | 627.48 | 482.68 |
November 2025 | 643.17 | 494.74 |
December 2025 | 672.11 | 517.01 |
As we step into 2025, Choice International’s share price is expected to show steady growth. February could see prices between ₹582.99 and ₹448.45, gradually rising to ₹595.23 and ₹457.87 in March, and ₹604.33 and ₹464.87 by August. By December, the share price is projected to peak at ₹672.11 with a minimum of ₹517.01.
When | Maximum Price | Minimum Price |
January 2026 | 692.27 | 532.52 |
February 2026 | 674.97 | 519.20 |
March 2026 | 688.47 | 529.59 |
April 2026 | 702.52 | 540.40 |
May 2026 | 695.56 | 535.05 |
June 2026 | 712.95 | 548.42 |
July 2026 | 698.97 | 537.67 |
August 2026 | 720.59 | 554.30 |
September 2026 | 735.00 | 565.38 |
October 2026 | 754.11 | 580.08 |
November 2026 | 772.96 | 594.59 |
December 2026 | 792.29 | 609.45 |
As we move through 2026, Choice International’s share price is projected to demonstrate consistent upward growth. In January, prices are expected to range between ₹692.27 and ₹532.52, with February likely to see a slight dip to ₹674.97 and ₹519.20. By mid-year, June prices may reach ₹712.95 at the maximum and ₹548.42 at the minimum. The upward trajectory continues as August could witness prices between ₹720.59 and ₹554.30, climbing to ₹754.11 and ₹580.08 in October. As we move into December, the year’s peak is forecasted at ₹792.29, with a minimum of ₹609.45, showcasing strong performance.
When | Maximum Price | Minimum Price |
January 2027 | 800.21 | 615.54 |
February 2027 | 820.73 | 631.33 |
March 2027 | 852.73 | 655.95 |
April 2027 | 836.01 | 643.09 |
May 2027 | 811.66 | 624.36 |
June 2027 | 848.19 | 652.45 |
July 2027 | 831.56 | 639.66 |
August 2027 | 857.28 | 659.44 |
September 2027 | 887.28 | 682.52 |
October 2027 | 910.35 | 700.27 |
November 2027 | 933.11 | 717.78 |
December 2027 | 956.44 | 735.72 |
When | Maximum Price | Minimum Price |
January 2028 | 975.57 | 750.44 |
February 2028 | 1,000.58 | 769.68 |
March 2028 | 1,039.60 | 799.69 |
April 2028 | 1,019.22 | 784.01 |
May 2028 | 989.53 | 761.18 |
June 2028 | 1,034.06 | 795.43 |
July 2028 | 1,013.79 | 779.84 |
August 2028 | 1,045.14 | 803.95 |
September 2028 | 1,081.72 | 832.09 |
October 2028 | 1,109.84 | 853.73 |
November 2028 | 1,137.59 | 875.07 |
December 2028 | 1,166.03 | 896.95 |
When | Maximum Price | Minimum Price |
January 2029 | 1,189.35 | 914.89 |
February 2029 | 1,219.85 | 938.34 |
March 2029 | 1,267.42 | 974.94 |
April 2029 | 1,242.57 | 955.82 |
May 2029 | 1,206.38 | 927.98 |
June 2029 | 1,260.67 | 969.74 |
July 2029 | 1,235.95 | 950.73 |
August 2029 | 1,274.17 | 980.13 |
September 2029 | 1,318.77 | 1,014.44 |
October 2029 | 1,353.06 | 1,040.81 |
November 2029 | 1,386.88 | 1,066.83 |
December 2029 | 1,421.55 | 1,093.50 |
When | Maximum Price | Minimum Price |
January 2030 | 1,449.99 | 1,115.37 |
February 2030 | 1,487.16 | 1,143.97 |
March 2030 | 1,545.16 | 1,188.59 |
April 2030 | 1,514.87 | 1,165.28 |
May 2030 | 1,470.74 | 1,131.34 |
June 2030 | 1,536.93 | 1,182.25 |
July 2030 | 1,506.79 | 1,159.07 |
August 2030 | 1,553.39 | 1,194.92 |
September 2030 | 1,607.76 | 1,236.74 |
October 2030 | 1,649.56 | 1,268.90 |
November 2030 | 1,690.80 | 1,300.62 |
December 2030 | 1,733.07 | 1,333.13 |
As we progress through 2030, Choice International’s share price is projected to exhibit remarkable growth and resilience. Starting in January, prices are anticipated to range between ₹1,449.99 and ₹1,115.37, gradually increasing in February to a range of ₹1,487.16 to ₹1,143.97. By March, the upward momentum is likely to push prices to ₹1,545.16 at the maximum and ₹1,188.59 at the minimum. Mid-year, June may witness prices between ₹1,536.93 and ₹1,182.25, followed by August, where they could reach ₹1,553.39 and ₹1,194.92. As we progress further, October might see a strong range of ₹1,649.56 to ₹1,268.90, culminating in December with the year’s peak at ₹1,733.07 and a minimum of ₹1,333.13, highlighting a strong performance for the year.
Financial Condition Choice International
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 132 | 176 | 285 | 393 | 756 | 872 |
Expenses + | 93 | 134 | 194 | 286 | 531 | 616 |
Operating Profit | 39 | 41 | 92 | 107 | 225 | 256 |
OPM % | 29% | 23% | 32% | 27% | 30% | 29% |
Other Income + | 0 | 0 | 1 | 2 | 3 | 11 |
Interest | 17 | 15 | 15 | 22 | 41 | 57 |
Depreciation | 3 | 3 | 3 | 5 | 7 | 7 |
Profit before tax | 18 | 23 | 74 | 82 | 181 | 203 |
Tax % | 32% | 27% | 27% | 27% | 28% | |
Net Profit + | 12 | 17 | 54 | 60 | 131 | 149 |
EPS in Rs | 1.24 | 1.17 | 2.69 | 3.02 | 6.56 | 7.19 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
The financial performance of Choice International has demonstrated consistent growth over recent years. From March 2020 to the trailing twelve months (TTM), the company’s sales have significantly increased from ₹132 crore to ₹872 crore, reflecting robust business expansion. Correspondingly, expenses rose from ₹93 crore in March 2020 to ₹616 crore in the TTM, maintaining controlled cost management.
Operating profit surged from ₹39 crore to ₹256 crore during the same period, showcasing strong operational efficiency, with OPM% consistently in a healthy range, peaking at 32% in March 2022. Other income, though relatively modest, increased to ₹11 crore in the TTM, supplementing overall profitability.
Interest costs rose from ₹17 crore in March 2020 to ₹57 crore in the TTM, reflecting higher financing activities to support growth. Despite increased depreciation and interest expenses, the profit before tax jumped from ₹18 crore to ₹203 crore. Net profit soared from ₹12 crore to ₹149 crore, underscoring substantial value creation for stakeholders, with the EPS rising from ₹1.24 to ₹7.19. While the dividend payout remains at 0%, the reinvestment of earnings signifies a focus on long-term growth for Choice International.
FAQs
Will Choice International stock price grow in 2025?
Yes, Choice International stock price is expected to grow in 2025. The company’s current share price is around Rs 509, and analysts have estimated that Choice International price is expected to reach ₹672.11 by the end of 2025.
What future is anticipated for Choice International in 2025?
Analysts expect Choice International stock price to reach Rs 672.11 by the end of 2025.
In 2030, Choice International is expected to trade in between ₹1,115.37 and ₹1,733.07.
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Conclusion
In conclusion, Choice International Ltd. has demonstrated impressive growth in both its financials and market presence, making it a company to watch in the coming years. The company’s consistent sales and profit growth, coupled with an efficient operating model, reflect its robust financial health. With a significant increase in net profit and earnings per share (EPS), Choice International has shown substantial value creation for its stakeholders. The company’s innovative approach, exemplified by the partnership with StockBee and the launch of its SuperApp, further underscores its commitment to staying at the forefront of the financial services industry.
Looking ahead, the projections for the company’s share price in 2025 to 2030 highlight a strong upward trajectory, with potential for substantial growth in both the short and long term. As the number of shareholders continues to rise and institutional investors show growing confidence, Choice International’s market position is expected to strengthen. This combination of sound financial management, technological innovation, and strong market fundamentals makes Choice International Ltd. a promising prospect for investors.
What did we learn?
- 1 Shareholdings Patterns of Choice International
- 2 Latest News on Choice International
- 3 How to Buy Choice International shares?
- 4 Choice International Share Price Target: 2025 to 2030
- 4.1 Choice International Share Price Prediction 2025
- 4.2 Choice International Share Price Target 2026
- 4.3 Choice International Share Price Prediction 2027
- 4.4 Choice International Share Price Target 2028
- 4.5 Choice International Share Price Prediction 2029
- 4.6 Choice International Share Price Target 2030
- 5 Financial Condition Choice International
- 6 FAQs
- 7 Conclusion