Choice International Limited · NSE:CHOICEIN
Choice International — Q1 FY27 Earnings Presentation
53 slides from Choice International's earnings presentation, Aug 10, 2026
Slide 1: Exchange covering letter for investor presentation
REF: CIL/CC/36/2026-27 August 10, 2026 To To, The Corporate Service Department The Department of Corporate Services, The BSE Limited The NSE Limited Phiroze Jeejeebhoy Towers, 5th Floor, Exchange Plaza Dalal Street, Mumbai – 400001 Plot No. C/ 1, G Block, Bandra – Kurla Complex, Bandra (East), Mumba
Slide 2: Q1 FY27 Earnings Presentation
Ql FY27 Earnings Presentation Choice The Joy of Earning Choice International Limited (BSE: 531358, NSE: CHOICEIN) j I • • • Weaving India's Growth Story
Slide 3: Disclaimer
Disclaimer Choice The Joy of Earning Certain statements in this presentation concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. T
Slide 4: Company Overview
CompanyOverview Choice The Joy of Earning One of the leading financial conglomerates with over a decade's expertise providing tech-led services BUSINESSFOOTPRINT & EXPERTISE FINANCIAL GROWTH SNAPSHOT (CAGR FY23 TO FY26) Branch Offices Choice Business Associates 214 16 70K+ 111K % t41% t41% REVENUE E
Slide 5: Key Highlights
KeyHighlights Choice The Joy of Earning A diversified mix for sustainable business BROKING & DISTRIBUTION- Stock Broking, Wealth, Insurance *Insurance I 113% t0.4% 130% 14% 138% ts% I I 1,294K 242K+ f622 Bn f49,609 Mn f26,747 Mn f802 Mn I 67,828 Demat Accounts Active Accounts Client Assets under Wea
Slide 6: Q1 FY27 Highlights
Ql FY27Highlights Choice The Joy of Earning REVENUE(f Mn) EBITDA (f Mn) PAT(f Mn) t34% t 31% t 26% 3,190 3,138 1,226 678 3,086 1,170 1,140 656 990 606 2,841 565 868 480 2,380 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Arrow
Slide 7: Key Highlights
Key Highlights Choice The Joy of Earning tCAGR=42% • REVENUE {f Mn) ( 1'34% 3,190 3,138 1'16% 2,841 3,086 1'48% { ( 2,492 2,550 2,164 2,380 2,098 2,115 1,939 2,059 1,395 1,393 984 787 785 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26
Slide 8: Recent Strategic Development
Recent Strategic Development Choice The Joy of Earning Choice International and NH Investment & Securities Establish Strategic Partnership Through f9000 Million Investment in Choice Equity Broking* TRANSACTIONAL SNAPSHOT Investor - NH Investment & Securities Co., Ltd. Investee - Choice Equity Brokin
Slide 9: Growth Of Demat Accounts
Choice The Joy of Earning Growth Of Demat Accounts In India (In Mn) _ Digital Platforms 796 _ Fina ncia I Literacy 225 - Economic & Asset Shift 192 55 _ IPO Market Bloom 23 19 - Regulatory Reforms FY10 FY15 FY20 FY25 FY26 FY30P - Young Investor Participation Source: CRISIL
Slide 10: Stock Broking - Industry Overview
Stock Broking - Industry Overview Choice The Joy of Earning Expanding our PAN India reach and client demographic Steadily Increasing Client Base Market Share & ADTO (f Mn) Broking & Distribution Segment Revenue (f Mn) 1.42% 1.42% 1.45% t45% -- - - 1.31% 1.19% t 27% t 13% 18,019 1,294 1,263 I 17,833
Slide 11: Strengthening Touchpoints Through Expansion
Strengthening Touchpoints Through Expansion Choice The Joy of Earning Increasing Reach Through New Branches Franchisee Network Expansion Footprint Expansion with Long- Term Vision 1'14% / t 2% • In FY27, evolving market dynamics led 1,795 to a shift in client preference towards 1,713 154 154 1,702 s
Slide 12: Stock Broking
Stock Broking Choice The Joy of Earning AFGHANISTAN Simple User Interface ~ Search 'Mutual Funds' Stocks F&O Mutual Funds Bonds NIFTY 24,on.1s -5 15 I BANKNIFTY s1,ss2.25 -175.60 I SE Recommendation • Market Closed Current Value ln-app Curated Baskets f2.4.3L ,90.342.16 (59.05%) '-'YANMAA Funds '99.
Slide 13: Strengthening Our Digital Investment Platform
StrengtheningOurDigitalInvestmentPlatform Choice The Joy of Earning Low-Latency Infrastructure x Curated Product Depth x Investor Education - Built for Compounding Engagement 1. Enhanced Trading Experience 2. Unified Investment Platform 3. Smart Discovery & Customer Activation • Trader Mode launched
Slide 14: Engineering the Next-Gen Retail Investing Platform
Engineeringthe Next-GenRetailInvestingPlatform Choice The Joy of Earning Low-Latency Infrastructure x Curated Product Depth x Investor Education - Built for Compounding Engagement Q o·0 Stocks F&O Mutual Funds Bonds NIJ:TY 24,208.25 (1.02%) I BANKNIFTV 57,944,SO(1.21%)I ~ f2.44L ,91.03u6(59.5o"> F\l
Slide 15: Tech Insights
Tech Insights Choice The Joy of Earning Seamless collaboration, cutting-edge features FRONT END I I ----------------------------HYBRID CLOUD I I I I I Middleware Core Backend I I I I I I OMS I I I I I RMS I I I I Back Office I I I I I I I I l l l Data Pipeline I I Third Parties I I I ---------------
Slide 16: Wealth Distribution - Industry Overview
Wealth Distribution - Industry Overview Choice The Joy of Earning EVOLVING FINANCIAL LANDSCAPE INTERMEDIARIESASSUME MULTIPLE ROLES Growing Affluent and Middle Class Advisors & Behavioral Managers • HNWls (>USD 1 M*)- estimated to grow from 375K in Lack of Time & Expertise • Help in goal based invest
Slide 17: India Offers One of the Largest Long-Term Wealth Opportunities
IndiaOffersOne of the LargestLong -TermWealthOpportunities Choice The Joy of Earning Wealth growth versus financial market maturity across top 20 emerging markets 1 0::: Turkey India I..? <( u ,......_ High _J 0 <( 0 (>9%) I- ~ Chile zLU N 1/) Vietnam I- tA- o L s Cl. I ~~ Nigeria Qatar Malaysia 0 0
Slide 18: Wealth Distribution
WealthDistribution Choice The Joy of Earning Maximising growth of portfolio with a mix products Overall Wealth Products AUM Equity MF AUM Progressive Increase in SIP Book AUM Composition by Investment Type t 4% ---- t 38% ----- ---- t 38% ----- 190 26,747 25,693 184 184 • 48,067 49,609 • 23,111 146
Slide 19: Strategic Partnership: India Post Payments Bank
StrategicPartnership:IndiaPost PaymentsBank Choice The Joy of Earning Choice Wealth Private Limited has been awarded a contract by India Post Payments Bank (IPPB), a Govt-owned payments bank, to deploy a comprehensive digital investment platform for its customers. Under this mandate, Choice Wealth w
Slide 20: Mutual Fund - Industry Overview
Mutual Fund - Industry Overview Choice TheJoy of Earning Mutual Fund QAAUM (f Tn) Mutual Fund Folios (In Mn) -16% to 18% CAGR 278.6 273.9 234.5 150 177.9 18.7% CAGR 145.7 81.6 129.5 67.4 54.1 97.9 38.4 40.5 32.1 89.7 24.5 27 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY30P FY20 FY21 FY22 FY23 FY24 FY25
Slide 21: Mutual Fund - Way Forward
Mutual Fund - Way Forward Choice The Joy of Earning Passive Investing to Index Funds Launched SEBI Grants AMC License • Nifty 50 Index Fund • Nifty Next 50 Index Fund • Mobilised f30 Crores Aug 01, 25 Q3 FY26 Q4 FY26 FY27 Plan* Gold ETF Launched • Gold FoF • Overnight Fund • >28,000 Folios • Active
Slide 22: Insurance - Industry Overview
Insurance - Industry Overview ChoiceThe Joy of Earning Insurance Density Rising Share Of Broking Channel In Share Of Broker Channel In (US$) GI Premiums (f Cr) GI Premiums Long Term Goal 9,640 97,000 4% 11% 152% 83,500 • 34% Medium Term Goal 71,800 889 19% 61,400 51,600 • 46,200 95 38,500 32% • Brok
Slide 23: Insurance Distribution - Overview
Insurance Distribution - Overview Choice The Joy of Earning Corporate Business Retail Business Annualised Employee Productivity \ f t 29% Q1 FY27 13.37 549 490 498 Q4 FY26 16.55 450 419 362 352 Q3 FY26 14.21 337 298 273 Q2 FY26 11.69 Q1 FY26 14.32 Q1 FY26 Q2 FY26 03 FY26 04 FY26 01 FY27 Q1 FY26 Q2 F
Slide 24: Retail - Business Overview
Retail - Business Overview Choice The Joy of Earning Health and Travel Insurance Life Insurance Motor Insurance t 64% t 59% t 10% I \ t 26% t 110% t12% \ 27,783 1,607 25,359 1,271 1,646 2,082 713 23,655 289 638 21,815 87 19,906 459 33 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q
Slide 25: Corporate - Business Overview
Corporate- Business Overview Choice The Joy of Earning Key Offerings Tailor made solutions for large risks Property & Projects Claims consultancy for corporates and SMEs Liability , Industry upadates and Knowledge sharing Transit Risk Advisory analysis & inspections • • Employee Benefits Risk Manage
Slide 26: NBFC - Industry Overview
NBFC- IndustryOverview ChoiceThe Joy of Earning Banks Vs NBFCs - YoY growth in Advances Rise in Funding Avenues for green Financing (f Lakh Cr) 40 ..------- .. ..------- .. ..-------- .. ..------- ... --- ... -------· Global Financial I Taper Demonetization IL& FS I Onset of Global economy I t 5.9x
Slide 27: NBFC
NBFC Choice The Joy of Earning Empowering MSMEs through retail lending tailored specifically for the dynamic semi-urban and rural landscapes A focused Approach to serve Key Competencies Our Offerings I Green Finance Target to reach AUM off 1O Bn by 2030 100% Digital Documentation • --- -- .,.,a, ---
Slide 28: NBFC
NBFC Choice The Joy of Earning Empowering MSMEs through retail lending tailored specifically for the dynamic semi-urban and rural landscapes Net Interest Margin ' Focused Retail Portfolio Mix I - .l, Reduced by 20 bps - 16.62% 4.15% 11.30% 12.25% fS.85 Bn 11.25% 11.22% as of Q1 FY27 11.10% 79.24% •
Slide 29: NBFC
NBFC Choice The Joy of Earning Robust Underwriting Processes Well-diversified Liability Profile Real-time Credit Bureau checks In addition to own scorecard for individual clients for Banks better screening AU SMALL 6-.Bandhan ~ IDFC FIRST ""· I,; HDFC BANK FEDERAL BANK ~ FINANCE BANK ¥Bank EJ Bank W
Slide 30: NBFC
NBFC Choice The Joy of Earning Wide range of product offering to cater multiple customer segments in priority sector Leading NBFC With Differentiated Product Offerings Ticket Size Upto is Mn Upto is Mn Diversified Geographical Reach Tenor (in Months) Upto 120 Upto 60 ROI Range 16-22% 18-24% Al and M
Slide 31: Advisory Services - Industry Overview
Advisory Services - Industry Overview Choice The Joy of Earning Investments in Core Infra (f Lakh Cr) 37.3 25.6 18.9 18.3 15 India is building more than infrastructure. 12.4 11.1 It's building confidence,connectivityand a 8.6 beautiful canvasfor every Indian dream. Shri. Narendra Modi Hon'ble Prime
Slide 32: Large Addressable Consulting Market Across High-Growth Sectors
LargeAddressableConsultingMarketAcross High-GrowthSectors ChoiceThe Joy of Earning Choice operates across diversified government, infrastructure and digital consulting sectors with a combined addressable annual consulting opportunity exceeding f90,000 crore. SECTOR KEY COMPETITORS ESTIMATED ANNUAL C
Slide 33: Evolution of Choice Consultancy's Sectoral Portfolio
Evolution of Choice Consultancy's Sectoral Portfolio Choice The Joy of Earning A Diversified Portfolio Across the Project Lifecycle - Delivering Impact Today, Building the Future Established leadership with proven Rapidly scaling capabilities with Strong foundation today, poised for execution and re
Slide 34: Advisory Services
Advisory Services Choice The Joy of Earning Order Book (f Bn) Order Book - State Wise Order Book - Sector Wise 7.77 7.48 6.98 6.66 35% 33% 5.86 55% 12% 16% • Maharashtra Rajasthan • Infrastructure Consulting IT & E-Governance Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Bihar Others Institutional Support
Slide 35: Key Highlights
Key Highlights Choice The Joy of Earning • • • •• •• •• . •• • •• I - ......... ,,,,., • • Serving to 150+ 1 K+ ULBs SOK+ PRls Selected to lead the Departments (CG & SG) digitalization of 13K+ PACS - ♦ ••♦ _,,, 1.. , !-t ....- ttm - ~---~ - ;?atct{t~~~ ;'. )IC ,.. .. Developed Women Trained 1SK+ tra
Slide 36: Choice Matters: Impacting Tomorrow
Choice Matters: Impacting Tomorrow Choice The Joy of Earning Choice is committed to actively participate in India's remarkable growth story and leveraging our resources, expertise, and innovative solutions to make a meaningful impact on various aspects of Indian life, from economic development and e
Slide 37: Our Target Positioning - Vision 2030
VISION 2030 Choice OurTargetPositioning The Joy of Earning To become India's most respected integrated government, infrastructure, and development consulting firm 1. NATIONAL LEADER 2. MULTI-SECTORPLATFORM • Trusted partner to Central & State • Leadership across infra, governance & Governments devel
Slide 38: Investment Banking - Industry Overview
Investment Banking - Industry Overview Choice The Joy of Earning Growth In Number Of Listed Companies • IPO (Main Board) IPO SME IPO Total 366 320 272 r--- 164 L(') N 141 """" ~ 125 120 \..0 N L(') °' """" L(') N 58 55 °' \..0 """" 45 °' \..0 00 55 0 ~ \..0 (Y') • India has witnessed surge N °' N ""
Slide 39: Investment Banking
InvestmentBanking Choice The Joyof Earning Choice Capital Advisors Pvt. Ltd., a SEBl-registered Category-I Merchant Banker, specializes in capital market transactions and corporate finance, offering end-to-end financial solutions from strategy to execution. Our USP Strict compliance Strong deal orig
Slide 40: Key Clientele
KeyClientele Choice The Joy of Earning -...---.-- _,. 'RBS - ~ VPRPL -·-·- PRAKMiH \.'ISJ/~1.,' ~ 1TD. RPti~OL ESPRIT STONKS RAMDEVBABA SOLVENT ISO )JO:,O,JOC,S& PVT. LTD. ,soS0,,}<)001Ctrtil\()d Comj),:111'/ f'SSAINO. IOOJ)l)Utot}S, ._the quint relipay A 8AANOOF~Hfl Navkar Corporation Ltd Co,i!ll!n
Slide 41: IPO Performance Highlights
IPO Performance Highlights Choice The Joy of Earning Issue Size Subscription Issue Listing Listing #High Listing Highest IPO Name Platform (f Mn) (X) Price Date Price Price Gain% Return% GenX Al Analytics Ltd SME 547 15.82x f116 12-06-26 f93 f103 -20% -11% *Ashwini Containers Movers Ltd SME 710 1.70
Slide 42: InsightX 2026
InsightX 2026 Choice TheJoyof Earning Flagship 3 Days' Virtual Investor Conference 10-12 June2026 I I I 101 I I 150+ I I 20 I I 14 I I I Companies I Investors I Sectors I Research Sessions Why It Matters
Slide 43: Choice Connect
ChoiceConnect Choice The Joy of Earning Empowering individual agents to become financial advisers with the help of proprietary engine, engaging trainings and digital execution of services. No. Of Choice BusinessAssociates(CBAs) Expanded Reach in Array Of Financial Products For CBAs Unserved and Unde
Slide 44: Choice Connect
ChoiceConnect Choice The Joy of Earning Equity Clients Onboarded & Progressive Growth In POSP Credit Cards Issued Brokerage Trend 15,556 14,592 ----~21%--- 23,275 10,154 23,025 22,282 18,265 39 4,908 14,377 19 13 13 12 1,307 01 FY26 02 FY26 03 FY26 04 FY26 01 FY27 FY23 FY24 FY25 FY26 01 FY27 01 FY26
Slide 45: Consolidated Financial Performance - Quarterly
Consolidated Financial Performance - Quarterly Choice The Joy of Earning Particulars (f Lakhs) Q1 FY27 Q1 FY26 Y-o-Y growth(%) Q4 FY26 Q-o-Q growth(%) Revenue from Operations 30,979 23,462 32.04% 30,671 1.00% Other Income 924 333 177.21% 714 29.47% Total Income 31,902 23,796 34.07% 31,385 1.65% EBIT
Slide 46: Consolidated Financial Performance - Quarterly
Consolidated Financial Performance - Quarterly Choice The Joy of Earning Particulars (f Lakhs) Q1 FY27 Q1 FY26 Y-o-Y growth(%) Q4 FY26 Q-o-Q growth(%) Revenue from Operations 30,979 23,462 30,671 Other Income 924 333 714 Total Income 31,902 23,796 34.07% 31,385 1.65% Employee Benefit Expenses 9,401
Slide 47: Board Members
BoardMembers ChoiceThe Joy of Earning Board with extensive experience across businesses •••• •• ••• ••• MRS. VINITA PATODIA MR. KAMAL PODDAR MR. SUYASH PATODIA MR. ARUN PODDAR MR. AJAYKEJRIWAL Non-Executive Chairperson Managing Director Joint Managing Director Executive Director & CEO Executive Dire
Slide 48: Entity Structure
Entity Structure Choice The Joy of Earning Choice Choice Choice Choice Choice Choice Fintoo Choice Choice Ellora Equity Insurance Finserv AMC Trustees Capital Wealth Consultancy Unified Solutions Broking Broking Advisors Services Services 90% 100% 82.34% 100% 100% 100% 51% 90% 100% 100% *Choice Choi
Slide 49: Environmental, Social and Governance
Environmental,Socialand Governance Choice The Joy of Earning Social • Providing and facilitating access to products and services for the visually impaired/physical disability customers. • Disclosure of its environmental and social performance in the public domain and mapping it with UNSDG. Environme
Slide 50: Geographical Presence
Geographical Presence Choice The Joy of Earning States Branches States Branches 1. Rajasthan 50 13. Haryana 5 2. Maharashtra 23 14. Jharkhand 4 3. Gujarat 19 15. Punjab 4 4. Madhya Pradesh 16 16. Odissa 4 5. Kerala 16 17. Delhi 3 6. Uttar Pradesh 14 18. Chhattisgarh 3 7. Tamil Nadu 10 19. Jammu & Ka
Slide 51: Media Presence
MediaPresence Choice The Joy of Earning Extensive coverage by Television, Digital, Print and Social Media Offline Events News and Print Media ~t& FT NDTV CNBC TV-is FINANCIAi. Profit 'flMES Patna Ahmedabad =BUSINESS 1,usi11esslinC@ bt Business Today Business Standard Bloomberg moneycontrol ThePrint
Slide 52: Membership and Certifications
Membership and Certifications Choice The Joy of Earning Registered across exchanges in India NSE Great MSKA & Associates LLP (Formerly known as MS KA & Associates) Place Chartered Accountants To Work® • A Member firm of BDO MCX METAL & ENERGY <.iNCDEX Trade with Trust Certified JUN 2026-JUN 2027 IND
Slide 53: Choice - The Joy of Earning
Choice The Joy of Earn ing