Choice International Reports Strong Q2 FY26 Growth with Balanced Expansion Across Business Segments
TL;DR
Choice International's strong quarterly performance with 27.5% EBITDA growth and expanding margins offers investors a competitive advantage in the financial services sector.
Choice International achieved 14% revenue growth and 27.5% EBITDA increase through balanced expansion across broking, advisory, and NBFC operations with improved operating leverage.
Choice International's growth across multiple financial services helps more people access wealth management and loans, contributing to broader economic development and financial inclusion.
Choice International's wealth AUM surged 327% year-over-year while maintaining healthy profitability metrics, demonstrating remarkable growth in India's financial sector.
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Choice International Ltd. (NSE: CHOICEIN) reported consolidated revenue growth of 14.0% year-over-year to ₹2.84 billion for the second quarter of fiscal year 2026. The company's performance was supported by balanced expansion across its Broking & Distribution, Advisory Services, and NBFC operations. EBITDA increased 27.5% year-over-year to ₹989.8 billion, with margins expanding 368 basis points to 34.8%.
The margin improvement was attributed to operating leverage, an improving product mix, and continued digital adoption across customer channels. Management expressed confidence in sustaining this momentum through the second half of FY26. The company's wealth assets under management grew 327% year-over-year, while the NBFC loan book expanded 56% year-over-year to approximately ₹7.2 billion.
Profitability metrics remained healthy, with profit after tax increasing 22% year-over-year. The company reported a net non-performing assets ratio of 2.79% and maintained a government advisory order book of ₹6.66 billion, providing visibility into future revenue streams. Stonegate Capital Partners, which provides equity research and investor relations services, highlighted these results in their updated coverage. Additional details about the company's performance are available through their official website.
The company's performance reflects broader trends in India's financial services sector, where digital transformation and diversified service offerings are driving growth. The balanced expansion across multiple business segments suggests resilience against sector-specific volatility. The significant growth in wealth management assets and NBFC lending indicates successful penetration in both retail and institutional markets.
With sustained margin expansion and management's confidence in continued momentum, Choice International appears positioned to capitalize on India's growing financial services demand. The company's government advisory order book provides additional stability amid market fluctuations. These results come as Indian financial markets continue to evolve with increasing digital adoption and regulatory changes affecting traditional brokerage and advisory services.
Curated from Reportable
