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← CockpitCompetitor Analysis › CHOICEIN.NS Choice InternationalOpen in the cockpit ↗

Choice InternationalCHOICEIN.NSCompetitor analysis, valuation and peers

India · INR·Commercial Services›Miscellaneous Commercial Services

Diversified Indian financial services group offering stock broking, investment banking and infrastructure/government advisory.

Momentum neutral 59
Mkt cap
$1.76B
US dollars, full cap
Free float
17%
of shares outstanding
$/day
$4.60M
20-day average traded
Fwd P/E
49.8×
forward earnings
ROIC−WACC
n/a
WACC 13.0%
Hurdle
n/a
no reverse DCF
Next earnings
117 days
3 Mar 2027
Close · INR₹748.20
1D-0.1%
1W+3.7%
1M+3.4%
3M-10.2%
6M+8.4%
YTD-10.6%
1Y-8.2%
ATR %2.9%
Beta1.26
52w lowhigh13.1% off high

What Choice International does

Diversified Indian financial services group offering stock broking, investment banking and infrastructure/government advisory.

Products and services

  • Stock broking
  • Investment banking/merchant banking
  • Government/infrastructure consultancy

Customers

  • Retail and institutional investors
  • Corporates (IB services)
  • Government agencies (consultancy)

Where it sits in the supply chain

  • Financial services
  • Diversified financial holding
  • Broking, investment banking & advisory

What could go right

  • Rising retail equity participation in India
  • Government infrastructure consultancy demand

What could go wrong

  • Small scale versus larger broking/IB peers
  • Diversified business mix diluting focus

Moat: none (distribution). Diversified small-cap financial services player without a single dominant, hard-to-replicate franchise.

Headquarters: Mumbai, India · Founded: 1993 · Employees: 5,258

Named competitors

Choice International at a glance

Size Choice International (CHOICEIN.NS) is an India Industrials company (Miscellaneous Commercial Services) with a market value of $1.76B, the 404th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹748.20 on 6 Nov 2026.

Performance Over six months the shares gained 8.4%, against -2.0% for the median peer and 0.0% for the India market (cap-weighted) — 7th highest of 21 in its peer set.

Growth Revenue grew 33.6% over the last twelve months (peer median +11.7%); the operating margin is 26.7% (peer median 11.9%).

Valuation It trades at 49.8× forward earnings against a peer median of 20.3× (3rd most expensive of 17).

Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).

Relative performance

10012011 May 202611 Aug 20266 Nov 2026CHOICEIN.NS 109Peer median 96
Six months, rebased to 100: Choice International against the median of its 20 peers (local-currency closes).

Choice International financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹13.2B₹11.4B₹9.14B₹7.55B₹3.89B
Revenue growth—+25%+21%+94%—
Gross profit₹11.9B₹9.31B₹7.06B₹6.39B₹3.03B
EBITDA₹3.79B₹4.37B₹3.01B₹2.34B₹1.09B
Net income₹2.48B₹2.18B₹1.57B₹1.31B₹601M
Free cash flown/a-₹3.92B-₹2.56B-₹1.31B₹1.27B
Capital expendituren/a₹1.02B₹1.57B₹334M₹471M
Total debt₹12.1B₹9.08B₹6.79B₹3.57B₹2.22B

Quarterly statements and history in the cockpit →

Choice International competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-20%0%+20%SYNGENEPSGIPS0586HOFI002310002967000681301500301571002315IGILKRUNSPHCSG0020916888133007257799ECLERXCHOICEIN.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Choice International is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%+30%20×40×60×SYNGENEPSGIPS0586HOFI002967000681002315IGILKRUNSPHCSG002091300725ECLERXCHOICEIN.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Choice International is the large dot.

Choice International competitors and peer comparison

Head to head with its named competitors (CHOICEIN.NS vs ANGELONE.NS vs MOTILALOFS.NS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Choice International CHOICEIN.NS$1.76B+8%+34%27%49.8×n/a
Angel One ANGELONE.NS$3.20B+3%+21%28%23.1×n/a
Motilal Oswal Financial Services MOTILALOFS.NS$7.03B+24%+44%31%22.1×n/a

How Choice International compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Choice International against its 20 peers (data as of 6 Nov 2026)
MeasureCHOICEIN.NSPeer medianRank in peer set
1-month return+3.4%+3.7%10th lowest of 21
6-month return+8.4%-2.0%7th highest of 21
Distance from 52-week high-13.1%-34.0%7th highest of 21
Revenue growth (TTM)+33.6%+11.7%4th highest of 19
Operating margin26.7%11.9%4th highest of 20
Forward P/E49.8×20.3×3rd most expensive of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Choice International CHOICEIN.NSIndia$1.76B+8%+34%27%49.8×n/an/a
Syngene International SYNGENE.NSIndia$1.78B-11%-6%13%67.8×35.3%+11.4%
Prosegur Compania de Seguridad PSG.MCSpain$1.79B+9%+1%6%11.8×-5.3%+6.7%
Ipsos IPS.PAFrance$1.74B-3%+3%12%7.0×-10.8%+6.6%
China Conch Venture 0586.HKHong Kong$1.79B-36%+21%18%5.5×n/an/a
Hoist Finance HOFI.STSweden$1.79B+29%+16%30%11.9×n/an/a
Beijing Orient EcoEnergy 002310.SZChina$1.81B-24%+35%12%n/a36.4%-47.6%
GRG Metrology & Test 002967.SZChina$1.72B-16%+13%13%22.7×3.9%+14.4%
Visual China 000681.SZChina$1.71B-25%-9%4%44.0×n/an/a
Guangdong Feinan Resources Recycling 301500.SZChina$1.68B-31%+42%7%n/an/an/a
Teemsun Technology 301571.SZChina$1.86B0%+61%22%n/an/an/a
Focus Technology 002315.SZChina$1.86B-1%+14%24%22.1×3.2%+10.6%
International Gemological Institute IGIL.NSIndia$1.86B+12%+21%58%24.4×14.6%+37.6%
Kruk KRU.WAPoland$1.65B-22%+8%77%6.9×-2.1%+16.8%
Insperity NSPUnited States$1.90B+53%+2%0%19.9×19.5%+9.7%
Healthcare Services HCSGUnited States$1.64B+5%+4%6%20.6×3.4%+0.9%
Jiangsu Guotai International 002091.SZChina$1.91B-11%+7%6%10.0×-20.9%+5.5%
Xi'an Taijin New Energy & Materials Sci-Tech 688813.SSChina$1.93B-13%n/an/an/an/an/a
PharmaBlock Sciences (Nanjing) 300725.SZChina$1.61B+16%+11%11%44.6×27.8%+14.1%
Heron Neutron Medical 7799.TWTaiwan$1.94B+15%n/a-5,071%380.6×n/an/a
eClerx Services ECLERX.NSIndia$1.59B0%+22%20%19.4×17.2%+21.4%

Questions

Who are Choice International's main competitors?
Named competitors: Angel One (ANGELONE.NS), Motilal Oswal Financial Services (MOTILALOFS.NS). The cockpit's measured peer set (industry) also includes Syngene International (SYNGENE.NS), Prosegur Compania de Seguridad (PSG.MC), Ipsos (IPS.PA), China Conch Venture (0586.HK), Hoist Finance (HOFI.ST), Beijing Orient EcoEnergy (002310.SZ).
Is Choice International expensive compared with its peers?
On forward p/e it trades at 49.8× against a peer median of 20.3×, 3rd most expensive of 17 in its peer set.
How has Choice International stock performed?
Over six months to 6 Nov 2026 the shares returned +8.4% against -2.0% for the median peer; over one year -8.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.