Choice International Ltd Share Price ₹674

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Choice International Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	137	138	191	207	215	201	247	209	253	235	274	303	307
Expenses +	92	102	142	141	147	148	172	150	157	151	185	192	191
Operating Profit	45	36	49	67	67	53	76	60	96	83	89	112	116
OPM %	33%	26%	25%	32%	31%	26%	31%	28%	38%	36%	33%	37%	38%
Other Income +	2	2	3	3	2	5	2	2	2	3	10	5	7
Interest	6	7	10	11	12	13	15	16	22	21	21	21	26
Depreciation	1	1	2	2	2	2	2	2	3	3	4	3	10
Profit before tax	40	29	40	56	55	43	61	43	74	63	74	92	87
Tax %	25%	28%	25%	28%	29%	26%	23%	29%	28%	24%	24%	29%	22%
Net Profit +	30	21	30	40	39	32	46	31	54	48	56	66	68
EPS in Rs	1.52	1.08	1.48	1.98	1.93	1.48	2.31	1.47	2.59	2.19	2.69	2.56	2.71

Financials of Choice International Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	62	187	134	152	121	132	176	285	393	756	921	1,119
Expenses +	36	160	103	113	85	93	134	194	286	531	626	719
Operating Profit	26	28	30	39	36	39	41	92	107	225	295	400
OPM %	42%	15%	23%	26%	29%	29%	23%	32%	27%	30%	32%	36%
Other Income +	-0	0	1	0	0	0	0	1	2	3	1	25
Interest	17	19	19	21	20	17	15	15	22	41	66	89
Depreciation	2	2	2	3	3	3	3	3	5	7	8	20
Profit before tax	6	7	10	16	12	18	23	74	82	181	221	316
Tax %	25%	39%	41%	24%	28%	32%	27%	27%	27%	28%	26%	25%
Net Profit +	5	4	6	12	6	12	17	54	60	131	163	238
EPS in Rs	1.02	0.86	1.26	1.22	0.59	1.24	1.17	2.69	3.02	6.56	8.15	9.77
Dividend Payout %	20%	23%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Financials of Choice International Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	10	10	10	20	20	20	29	50	100	199	200	223
Reserves	50	53	70	146	154	193	234	360	378	432	828	1,449
Borrowings +	121	119	147	177	166	143	151	220	206	455	679	908
Other Liabilities +	46	49	60	84	133	146	240	346	424	718	909	987
Total Liabilities	227	232	287	428	473	502	655	976	1,107	1,805	2,615	3,566
Fixed Assets +	32	34	37	78	98	88	86	88	126	134	260	393
CWIP	0	0	1	4	0	0	0	0	5	7	5	10
Investments	22	22	26	47	22	20	7	11	11	23	59	178
Other Assets +	173	175	222	299	352	395	562	877	965	1,641	2,292	2,985
Total Assets	227	232	287	428	473	502	655	976	1,107	1,805	2,615	3,566

Financials of Choice International Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	-22	28	-20	4	-36	26	-45	-34	138	-153	-294	-267
Cash from Investing Activity +	13	5	-11	-22	54	13	15	-123	-48	-13	-161	-277
Cash from Financing Activity +	6	-22	21	39	-28	-15	23	152	-29	224	449	600
Net Cash Flow	-3	11	-9	21	-11	24	-7	-5	62	58	-6	56
Free Cash Flow	-23	23	-25	-1	-69	34	-46	-38	91	-186	-451	-343
CFO/OP	-77%	108%	-55%	21%	-93%	78%	-98%	-12%	153%	-46%	-80%	-46%

Financials of Choice International Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	572	169	313	281	201	251	158	104	107	91	109	142
Inventory Days	584	32	206	284
Days Payable	1,984	164	136	160
Cash Conversion Cycle	-828	38	383	405	201	251	158	104	107	91	109	142
Working Capital Days	-125	-50	-52	-56	100	170	570	479	209	169	220	277
ROCE %	14%	14%	14%	13%	10%	10%	10%	17%	16%	25%	20%	18%