Choice International Limited · NSE:CHOICEIN
Choice International — Q2 FY27 Earnings Presentation
45 slides from Choice International's earnings presentation, Nov 2, 2026
Slide 1: KARISHM A PRAFUL SHAH
KARISHM Digitally signed by KARISHMA PRAFUL SHAH DN: c=IN, st=Maharashtra, 2.5.4.20=a6490378fe9890fdbf48c1faee029a85f5ccc9 e15f0b67888399e6e72615a7fc, postalCode=400057, A PRAFUL street=DO Praful Shah Zaveri Bhuvan Nariman Road Mumbai, pseudonym=ffc2677db27a43e081aa21a8b83b2df8, title=2015, serialNu
Slide 2: Q2 FY27 Earnings Presentation
Choice The Joy of Earning Driving DRIVING Excellence EXCELLENGE Weaving Weaving India's India's Growth Growth Story StorY, q2 Q2 FY27 FY27Earnings Earnings presentation Presentation Choice Choice International International Limited Limited (BSE: (BSE: 531358, 531358, NSE: NSE:CHOICEIN) CHOICEJN)
Slide 3: Disclaimer
Disclaimer Disclaimer Choice The Joy of Earning Certain Certain statements statements in in this this presentation presentation concerning concerning our our future future growth growth prospects prospects are are forward forward looking looking statements, which involve statements, which involve a
Slide 4: Company Overview
Company Overview Company Overview Choice The Joy of Earning One of the leading financial conglomerates with over a decade's expertise providing tech-led services One of the leading financial conglomerates with over a decade's expertise providing tech-led services BUSINESS FOOTPRINT & EXPERTISE Busin
Slide 5: Board Members
Board Board Members Members Choice The Joy of Earning Board with extensive Board with extensive experience experience across across businesses businesses •••• •• ••• •••• Mrs. Vinita Patodia Mr. Kamal Poddar Mr. Suyash Patodia Mr. Arun Poddar Mr. Ajay Kejriwal Non-Executive Chairperson Managing Dire
Slide 6: Entity Structure
Entity Entity Structure Structure Choice The Joy of Earning CHOICEIN Choice Choice Choice Choice Choice Choice Choice Choice Choice Choice Choice Choice Fintoo Fintoo Choice Choice Choice Choice Ellora Ellora Choice Choice Equity Equity Insurance Insurance Finserv Finserv AMC AMC Trustees Trustees C
Slide 7: Key Highlights
l<eyHighlights Key Highlights Choice The Joy of Earning A diversified mix for sustainable business A diversified mix for sustainable business BROKING & DISTRIBUTION -- Stock BROKING & DISTRIBUTION Stock Broking, Broking, Wealth, wealth, Insurance Insurance *Insurance *Insurance 14% ,11!f;;, iii 14%0
Slide 8: Q2 FY27 Highlights
Q2 FY27 Highlights Highlights Choice The Joy of Earning REVENUE (! Mn) REVENUE(₹ Mn) EBITDA (! Mn) EBITDA(₹ Mn) PAT (₹ Mn) PAT(!Mn) 33% 32% 23% 3,790 1,306 1,306 695 695 3,190 3,190 678 1,226 1,226 3,138 3,138 656 656 3,086 1,170 1,170 ,~ 606 606 1,140 1,140 565 565 ~ 990 990 .~, 2,841 2,841 ~I ~ .
Slide 9: Key Highlights: Revenue and PAT
l<eyHighlights Key Highlights ChoiceThe Joy of Earning REVENUE(l Mn) REVENUE (₹ Mn) CAGR =48% 33% 3,790 3,790 14% 3,190 3,190 29% '\ 3,138 3,138 --{ 2,841 2,841 3,086 3,086 ~ 4492 2,492 4550 2,550 2,164 2,164 4115 2,115 4380 2,380 2,098 2,098 2,059 2,059 1,939 1,939 1,395 1,395 1,393 1,393 984 984 7
Slide 10: Recent Strategic Development
Recent Recent Strategic Strategic Development Development Choice The Joy of Earning Choice Choice International International and and NH NH Investment Investment & & Securities Securities Establish Establish Strategic Strategic Partnership Partnership Through Through ₹9000 isooo MillionInvestment Mi
Slide 11: Stock Broking - Industry Overview
Stock Stock Broking Broking -- Industry Industry Overview Overview Choice The Joy of Earning /" Growth Growth of Demat Demat Accounts Accounts in India India (in (in Mn) Mn) Digital Platforms Digital Platforms .c .., Factors Leading to Demat Growth 796 796 ~ 0 ~ I- Financial Financial Literacy Liter
Slide 12: Stock Broking
StockBroking Stock Broking ChoiceThe Joy of Earning Expanding our Expanding our PAN PAN Jndla India reach and client reach and client demographic demographic SteadilyIncreasing Steadily IncreasingClient Clientbase base MarketShare Market Share& ADTO(₹ Mn) & ADTO Mn) (! Broking& Broking DistributionS
Slide 13: Stock Broking
Stock StockBroking Broking Choice The Joy of Earning 9:41 9:41 Simple User Interface 'i/!.) Search 'Mutual Funds' Q oo Stocks F&O Mutual Funds Bonds NIFTY 24,072.75 -5.75 I BANKNIFTY 57,582.25 -175.60 I SE Recommendation • Market Closed In-app Curated Baskets Current Value f2.43L f90,342.16 cs9.os%)
Slide 14: Strengthening Our Digital Investment Platform
Strengthening Strengthening Our Our Digital Digital Investment Investment Platform Platform Choice The Joy of Earning Low-Latency Low-Latency Infrastructure Infrastructure × x Curated Curated Product Product Depth Depth × x Investor Investor Education Education — Built for Compounding Built for Comp
Slide 15: Engineering the Next-Gen Retail Investing Platform
Engineering Engineeringthe the Next-Gen Next-Gen Retail Retail Investing InvestingPlatform Platform Choice The Joy of Earning Low-Latency Low-Latency Infrastructure Infrastructure × x Curated Curated Product Product Depth Depth × x Investor Investor Education Education — Built for Compounding Built
Slide 16: Wealth Distribution - Industry Overview
Wealth Wealth Distribution Distribution -- Industry Industry Overview Overview Choice The Joy of Earning Evolving EVOLVING Financial FINANCIAL Landscape LANDSCAPE Intermediaries INTERMEDIARIESAssume ASSUME Multiple MULTIPLERoles ROLES Growing Affluent Affluent and and Middle Middle Class Advisors &
Slide 17: Wealth Distribution
Wealth Wealth Distribution Distribution Choice The Joy of Earning Maximising Maximising growth growth of of portfolio with a portfolio with a mix mix products products AUM AUMComposition Compositionby by Overall OverallWealth Wealth Products ProductsAUM AUM Equity EquityMF MFAUM AUM Progressive Prog
Slide 18: Strategic Partnership: India Post Payments Bank
Strategic StrategicPartnership: Partnership:India India Post PostPayments PaymentsBank Bank Choice The Joy of Earning Nationwide Nationwide Digital Digital Mutual Mutual Fund Fund distribution distribution |I Q2 Q2 FY27 FV27 progress progress AA strategic strategic collaboration collaboration to to
Slide 19: Mutual Fund - Industry Overview
Mutual Fund - Industry Overview Mutual Fund - Industry Overview Choice The Joy of Earning Mutual FundQAAUM(~ Tn) Mutual Fund QAAUM (₹ Tn) Mutual FundFolios(In Mn) Mutual Fund Folios (In Mn) ~16%to 18%CAGR ~16% to 18% CAGR 147-155 147-155 286.2 286.2 273.9 273.9 234.5 234.5 18.7%CAGR 18.7% CAGR 177.9
Slide 20: Mutual Fund - Way Forward
Mutual Mutual Fund Fund -- Way Way Forward Forward Choice The Joy of Earning fl83.49 Cr ₹183.49 Cr A UM AUM 22,524 Folios 22,524 Folios Passive Passive Investing Investing to to Active Wealth Creation SEBI SEBIGrants Grants AMC AMC License License Index Index Funds Funds Launched Launched • Nifty Ni
Slide 21: Insurance - Industry Overview
Insurance - Industry Overview Insurance - Industry Overview Choice The Joy of Earning InsuranceDensity{US$) Insurance Density (US$) RisingShareof BrokingChannel in GI Premiums{l Cr) Rising Share of Broking Channel in GI Premiums (₹ Cr) Shareof BrokerChannel in GI Premiums Share of Broker Channel in
Slide 22: Insurance Distribution - Overview
Insurance InsuranceDistribution Distribution -- Overview Overview Choice The Joy of Earning Corporate CorporateBusiness Business Retail RetailBusiness Business Annualised AnnualisedEmployee EmployeeProductivity Productivity ,ith 28% 28% 27% 27% J1r~· ') Q2 FY27 Q2FY27 269 12.06 12.06 549 498 463 450
Slide 23: NBFC - Industry Overview
NBFC - Industry Overview NBFC - Industry Overview Choice The Joy of Earning Banks Vs NBFCs - YoY growth in Advances Banks Vs NBFCs - YoY growth in Advances RRisein Funding u ise in F u ffor greenn Avenues nding Aven es or gree Financing (₹ (~ LLakh Cr)) Financing akh Cr 40 40 r ·-------· I ·-------
Slide 24: NBFC - Key Competencies
NBFC NBFC Choice The Joy of Earning Empowering Empowering MSMEs through retail MSMEsthrough retail lending lending tailored tailored specifically for the specifically for the dynamic dynamic semi-urban semi-urban and rural landscapes and rural landscapes 100% 100%Digital Digital Documentation Docume
Slide 25: NBFC
NBFC NBFC Choice The Joy of Earning Empowering Empowering MSMEs through retail MSMEsthrough retail lending lending tailored tailored specifically for the specifically for the dynamic dynamic semi-urban semi-urban and rural landscapes and rural landscapes Net Net Interest InterestMargin Margin Focuse
Slide 26: NBFC - Robust Underwriting Processes
NBFC NBFC Choice The Joy of Earning Robust Robust Underwriting Underwriting Processes Processes Well-diversified Well-diversified Liability Liability Profile Profile Real-time Real-tin,e Credit Credit Bureau Bureau checks checks In In addition to own addition to own scorecard scorecard for for indiv
Slide 27: NBFC - Product Offering
NBFC NBFC Choice The Joy of Earning Wide Wide range range of of product product offering offering to to cater cater multiple multiple customer customer segments segments in in priority priority sector sector OUR USP Products Products Name Name MSME MSME Business • Business Solar Solar Loan Loan Loan
Slide 28: Advisory Services - Industry Overview
Advisory Services Advisory Services -- Industry Industry Overview Overview Choice The Joy of Earning Investments Investments in in Core Core Infra (₹ Lakh Infra(~ LakhCr) Cr) 37.3 37.3 क्या cflllसमय की माग ~5~Jcr1lcs1cr1 flJ-1ll~J-1iJ1 नहीं ह कि ग्लोबल लीडरशिप अब हमार हाथ म होनी चाहिए | 1 ~ansr~~~ll
Slide 29: Large Addressable Consulting Market Across High-Growth Sectors
LargeAddressableConsultingMarket AcrossHigh-GrowthSectors Large Addressable Consulting Market Across High-Growth Sectors Choice The Joy of Earning Choice Choice operates operates across across diversified government, , infrastructure diversified government infrastructure and and digital digital cons
Slide 30: Evolution of Choice Consultancy's Sectoral Portfolio
Evolutionof ChoiceConsultancy'sSectoral Portfolio Evolution of Choice Consultancy’s Sectoral Portfolio Choice The Joy of Earning A Diversified Portfolio Across the Project LifecycJe - Delivering Impact Today, Building the Future A Diversified Portfolio Across the Project Lifecycle - Delivering Impac
Slide 31: Advisory Services
Advisory AdvisoryServices Services ChoiceThe Joy of Earning Order OrderBook Book(₹ (! Bn) Bn) Order OrderBook Book- - State State Wise Wise Order OrderBook Book-- Service ServiceWise Wise 7.77 7.77 16% 7.48 7.48 7.10 7.10 29 6.98 6.98 43% % 6.66 ~. 50% 17% ~. -* r,,.... 11% 17% 17% 17% • Maharashtra
Slide 32: Key Highlights
l<eyHighlights Key Highlights Choice The Joy of Earning • •• •• • •• • •• •• • • •• • •• • • Serving to 150+ Serving to 150+ lK+ ULBs 1K+ ULBs 50K+ PRJs 50K+ PRIs Selected to lead the Selected to lead the Departments (CG Departments (CG & SG) & SG) digitalization of digitalization of 13K+ 13K+ PACS
Slide 33: Vision 2030
VISION 2030 VISION 2030 Choice Our Target Positioning Our Target Positioning The Joy of Earning To become India's most respected integrated government, infrastructure, and development consulting firm To become India’s most respected integrated government, infrastructure, and development consulting f
Slide 34: Investment Banking - Industry Overview
Investment Investment Banking Banking-- Industry Industry Overview Overview Choice The Joy of Earning Growth Growth in in number number of of listed listed Companies Companies 366 366 320 320 ~ i ' 272 272 .~ 257 ~ 164 164 LO N 141 141 125 241 120 120 ~ c.o 196 (J) .~, 58 55 125 co 55 LO 69 86 95 58
Slide 35: Investment Banking
Investment Investment Banking Banking Choice The Joy of Earning Choice Choice Capital Capital Advisors Advisors Pvt. Ltd., Ltd., a SEBI-registered SEBl-registered Category-I Category-I Merchant Merchant Banker, specializes specializes in capital capital market market transactions transactions and an
Slide 36: Strong IPO Execution in Q2 FY27: 5 IPOs
Strong StrongIPO IPO Execution Executionin in Q2 Q2 FY27: FY27:55 IPOs IPOs across acrossdiverse diversesectors sectors Choice The Joy of Earning 2026 n AM T Q ,::;i ' . ulations SONASEL[CTION I\JDIA LIMI rrn I !STING C[RE\<lOW Of\ IPO-Mainboard IPO-Mainboard IPO-Mainboard ₹2,184 Mn ₹1,507 Mn ₹1,415
Slide 37: Key Clientele
Key l<eyClientele Clientele Choice The Joy of Earning --- - ..... !!IIA, -= ~ - l'il RAMDEVBABA 'RBS •the quint ·-· -· ··-· •• ~.. , SOLARA ,,.,. Active Pharma Sciences VPRPL SO LV E N T P V T. L T D. Navkar Corporation Ltd l...t,..._._,_.,1~ ESPRIT STONES ISO 22000:2005 & ISO 9001-2008 Certified Co
Slide 38: IPO Deal Size | Evolving Scale
IPO IPO Deal Deal Size Size |I Evolving EvolvingScale Scale Choice The Joy of Earning Growing Growing participation participation in in larger-ticket larger-ticket IPOs IPOs across across Main Main Board Board and and SME SMEplatforms platforms FY24 FY25 FY26 FY27 ₹3,086 ~3,086 Mn Mn ₹2,409 ~2,409 M
Slide 39: Consolidated Financial Performance
Consolidated ConsolidatedFinancial FinancialPerformance Performance Choice The Joy of Earning Particulars Particulars (₹ (2 Mn) Q2 Q2 FY27 Q2 Q2 FY26 Y-o-Y Y-o-Y Q1 Ql FY27 Q-o-Q Q-o-Q H1 FY27 H1 FY26 Y-o-Y Y-o-Y Mn) FY27 FY26 growth (%) growth(%) FY27 growth (%) growth(%) H1FY27 H1FY26 growth (%) g
Slide 40: Environmental, Social and Governance
Environmental, Environmental,Social Socialand and Governance Governance Choice The Joy of Earning Environment Environment • Conducting Conducting operations operations ininenergy energy efficient efficient manner manner by byoperating operating iningreen green or orenvironmentally environmentally fr
Slide 41: Geographical Presence
Geographical GeographicalPresence Presence Choice The Joy of Earning 218 218 48 48 24 24 Branch Branch Offices Offices Project Project Offices Off ices States States & & UT UT States States Branches Branches States States Branches Branches l.Rajasthan Rajasthan 49 49 Haryana 13. Haryana 5 5 2. Mahar
Slide 42: Beyond Work. Together as One.
Beyond BeyondWork. Work. Together Togetheras as One. One. Choice The Joy of Earning CHOICE CHOICE ANNUAL ANNUAL PICNIC PICNIC |I PEOPLE PEOPLE&& CULTURE CULTURE • • - 1,055 1,055 participants participants from from Mumbai Mumbai Office Office - “At "At Choice, Choice, our our people people are are o
Slide 43: Media Presence
Media Presence Presence Choice The Joy of Earning Extensive Extensive coverage coverage by Television, Television, Digital, Digital, Print and and Social Social Media Media Offline Offline Events News News and and Print Media Media A CNBC FT I\IDTV Profit .f~ CNBC TV18 FINANCIAL TIMES 3i leiFit BUSI
Slide 44: Membership and Certifications
Membership Membershipand and Certifications Certifications Choice The Joy of Earning Registered Registered across across exchanges exchanges in in India India Memberships Memberships and and Registrations Registrations AMFI NSE 3SE MCX METAL & ENERGY ti NCDEX NSDL • EXPERIENCE THE NEW Trade with Tru
Slide 45: Thank you
Choice The Joy of Earning Thank you