TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Dec 2024

Income Metrics

Revenue 2.1B
Gross Profit 1.4B 68.70%
Operating Income 574.7M 27.45%
Net Income 307.4M 14.68%
EPS (Diluted) ₹1.52

Balance Sheet Metrics

Total Assets 23.2B
Total Liabilities 14.2B
Shareholders Equity 9.0B
Debt to Equity 1.57

Cash Flow Metrics

Revenue & Profitability Trend

Choice International Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i7.5B3.9B2.7B1.7B1.2B
Cost of Goods Sold i3.2B1.9B1.2B735.9M663.8M
Gross Profit i4.3B2.0B1.5B918.8M541.6M
Gross Margin % i57.6%51.9%55.6%55.5%44.9%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i712.5M560.8M568.5M276.7M115.7M
Other Operating Expenses i1.1B236.0M121.6M68.6M85.8M
Total Operating Expenses i1.8B796.8M690.1M345.3M201.4M
Operating Income i2.1B1.0B787.5M541.1M289.1M
Operating Margin % i28.5%26.8%29.0%32.7%24.0%
Non-Operating Items
Interest Income i47.4M37.2M14.2M67.9M49.9M
Interest Expense i366.6M200.1M141.9M141.3M161.7M
Other Non-Operating Income-----
Pre-tax Income i1.8B819.5M736.4M228.2M182.0M
Income Tax i499.4M218.8M200.3M61.1M57.7M
Effective Tax Rate % i27.6%26.7%27.2%26.8%31.7%
Net Income i1.3B600.7M536.0M167.1M124.3M
Net Margin % i17.4%15.4%19.7%10.1%10.3%
Key Metrics
EBITDA i2.2B1.1B830.4M628.5M365.1M
EPS (Basic) i₹6.57₹3.02₹3.02₹10.00₹1.30
EPS (Diluted) i₹6.52₹3.01₹3.02₹6.57₹1.23
Basic Shares Outstanding i1990990001990240001774060001669850495579808
Diluted Shares Outstanding i1990990001990240001774060001669850495579808

Income Statement Trend

Choice International Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i1.5B873.3M256.2M302.5M373.3M
Short-term Investments i464.4M566.7M242.2M87.2M306.1M
Accounts Receivable i1.9B1.2B817.0M762.3M911.5M
Inventory i-----
Other Current Assets134.3M-2.0K237.1M45.3M-
Total Current Assets i14.1B8.7B8.5B5.5B3.9B
Non-Current Assets
Property, Plant & Equipment i186.6M178.9M4.0M4.0M4.0M
Goodwill i261.1M250.0M242.7M215.1M224.8M
Intangible Assets i96.1M85.0M55.9M50.1M59.8M
Long-term Investments-----
Other Non-Current Assets-1.0K1.0K24.0K218.0K-
Total Non-Current Assets i3.9B2.4B1.2B1.0B1.2B
Total Assets i18.1B11.1B9.8B6.6B5.0B
Liabilities
Current Liabilities
Accounts Payable i270.6M280.5M174.7M137.8M72.3M
Short-term Debt i2.3B1.2B1.8B1.3B1.4B
Current Portion of Long-term Debt-----
Other Current Liabilities44.9M11.8M2.2M4.2M155.8M
Total Current Liabilities i9.1B5.1B5.2B3.6B2.7B
Non-Current Liabilities
Long-term Debt i2.2B893.6M366.6M262.2M38.1M
Deferred Tax Liabilities i43.8M39.7M49.4M45.9M78.7M
Other Non-Current Liabilities1.0K1.0K-1.0K24.1M21.9M
Total Non-Current Liabilities i2.6B1.2B449.0M354.6M157.2M
Total Liabilities i11.7B6.3B5.7B3.9B2.9B
Equity
Common Stock i2.0B995.1M497.6M285.7M200.0M
Retained Earnings i3.1B1.8B1.2B731.0M580.3M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i6.4B4.8B4.1B2.6B2.1B
Key Metrics
Total Debt i4.6B2.1B2.2B1.5B1.4B
Working Capital i5.1B3.6B3.3B2.0B1.1B

Balance Sheet Composition

Choice International Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i1.8B819.5M736.4M228.2M182.0M
Depreciation & Amortization i-----
Stock-Based Compensation i127.8M49.3M0--
Working Capital Changes i-3.5B327.7M-984.5M-872.1M-40.4M
Operating Cash Flow i-1.2B1.4B-226.8M-551.2M265.4M
Investing Activities
Capital Expenditures i-127.0M-261.3M-34.1M-11.5M92.4M
Acquisitions i91.1M0--0
Investment Purchases i-111.5M-5.0M-174.9M--
Investment Sales i---136.2M30.1M
Investing Cash Flow i-147.3M-778.8M-1.1B82.0M92.2M
Financing Activities
Share Repurchases i-0-143.3M-109.2M-
Dividends Paid i-----
Debt Issuance i2.5B----
Debt Repayment i--133.3M---230.3M
Financing Cash Flow i2.6B-202.4M1.7B380.9M-208.1M
Free Cash Flow i-1.6B912.8M-378.4M-460.3M237.8M
Net Change in Cash i1.3B434.5M386.1M-88.4M149.5M

Cash Flow Trend

Choice International Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 267.96
Forward P/E 49.55
Price to Book 14.27
Price to Sales 17.17
PEG Ratio 2.28

Profitability Ratios

Profit Margin 20.31%
Operating Margin 29.00%
Return on Equity 20.44%
Return on Assets 7.25%

Financial Health

Current Ratio 1.51
Debt to Equity 41.87
Beta -0.67

Per Share Data

EPS (TTM) ₹2.74
Book Value per Share ₹51.45
Revenue per Share ₹43.97

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
choicein151.0B267.9614.2720.44%20.31%41.87
Motilal Oswal 550.3B20.094.9422.47%37.00%138.95
Authum Investment 492.2B11.923.3128.87%93.88%7.18
Indian Energy 194.2B28.3811.3237.77%65.99%0.54
JM Financial 148.2B18.071.527.27%30.41%112.48
IIFL Capital 106.8B14.714.6028.65%30.07%47.39

Financial data is updated regularly. All figures are in the company's reporting currency.