Integrated Filing — IndAS

General information about company
Scrip Code	531358
NSE Symbol	CHOICEIN
MSEI Symbol	NA
ISIN	INE102B01014
Name of company	CHOICE INTERNATIONAL LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	22-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	16-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	22-Apr-2025   15:00:00
End date and time of board meeting	22-Apr-2025   19:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	2530003000	9103821000
	Other income	20372000	112861000
	Total income	2550375000	9216682000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	709302000	2739727000
(e)	Finance costs	215773000	660873000
(f)	Depreciation, depletion and amortisation expense	27653000	84968000
(f)	Other Expenses
1	Administrative & Other Expenses	858177000	3518145000
	Total other expenses	858177000	3518145000
	Total expenses	1810905000	7003713000
3	Total profit before exceptional items and tax	739470000	2212969000
4	Exceptional items	0	0
5	Total profit before tax	739470000	2212969000
6	Tax expense
7	Current tax	168306000	579182000
8	Deferred tax	35997000	6651000
9	Total tax expenses	204303000	585833000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	535167000	1627136000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	535167000	1627136000
17	Other comprehensive income net of taxes	-27833000	7537000
18	Total Comprehensive Income for the period	507334000	1634673000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	489108000	1572916000
	Total profit or loss, attributable to non-controlling interests	18226000	18226000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	1993790000	1996555000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		7860769000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.68	8.16
	Diluted earnings (loss) per share from continuing operations	2.62	7.99
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.68	8.16
	Diluted earnings (loss) per share from continuing and discontinued operations	2.62	7.99
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	1256671000
	Capital work-in-progress	13501000
	Investment property	15851000
	Goodwill	884130000
	Other intangible assets	106076000
	Intangible assets under development	41300000
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	312496000
	Trade receivables, non-current
	Loans, non-current	3983284000
	Other non-current financial assets	311071000
	Total non-current financial assets	4606851000
	Deferred tax assets (net)	56547000
	Other non-current assets	336650000
	Total non-current assets	7317577000
2	Current assets
	Inventories	194929000
	Current financial asset
	Current investments	276119000
	Trade receivables, current	2746343000
	Cash and cash equivalents	1387934000
	Bank balance other than cash and cash equivalents	3518055000
	Loans, current	3310158000
	Other current financial assets	7142643000
	Total current financial assets	18381252000
	Current tax assets (net)	61253000
	Other current assets	238195000
	Total current assets	18875629000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	26193206000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1996555000
	Other equity	8277791000
	Total equity attributable to owners of parent	10274346000
	Non controlling interest	782836000
	Total equity	11057182000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	2921774000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	127867000
	Total non-current financial liabilities	3049641000
	Provisions, non-current	103321000
	Deferred tax liabilities (net)	38241000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	3191203000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1684412000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	6485000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	262712000
	Total Trade payable	269197000
	Other current financial liabilities	9208857000
	Total current financial liabilities	11162466000
	Other current liabilities	708487000
	Provisions, current	51647000
	Current tax liabilities (Net)	22221000
	Deferred government grants, Current
	Total current liabilities	11944821000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	15136024000
	Total equity and liabilites	26193206000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Broking Services	1290513000	5511867000
2	Advisory Services	894943000	2502885000
3	NBFC Services	373916000	1148055000
4	Unallocable	71849000	331026000
	Total Segment Revenue	2631221000	9493833000
	Less: Inter segment revenue	80846000	80846000
	Revenue from operations	2550375000	9216682000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Broking Services	263785000	1345009000
2	Advisory Services	436051000	797629000
3	NBFC Services	60567000	74183000
4	Unallocable	0	0
	Total Profit before tax	760403000	2216821000
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income	20933000	20933000
	Profit before tax	739470000	2212969000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Broking Services	12874255000	12874255000
2	Advisory Services	2170509000	2170509000
3	NBFC Services	9043952000	9043952000
4	Unallocable	2104489000	2104489000
	Total Segment Asset	26193205000	26193205000
	Un-allocable Assets	0	0
	Net Segment Asset	26193205000	26193205000
4	Segment Liabilities
	Segment Liabilities
1	Broking Services	8973337000	8973337000
2	Advisory Services	422799000	422799000
3	NBFC Services	5551271000	5551271000
4	Unallocable	188616000	188616000
	Total Segment Liabilities	15136023000	15136023000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	15136023000	15136023000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re-measurement (loss)/gains on defined benefit obligations	-3859000	-8460000
2	Fair Value gain on Investments	-34710000	16850000
3	Tax Effect on above	10736000	-853000
	Total Amount of items that will not be reclassified to profit and loss	-27833000	7537000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-27833000	7537000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			2212969000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			660873000
	Adjustments for decrease (increase) in inventories			-181765000
	Adjustments for decrease (increase) in trade receivables, current			-906254000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-103878000
	Adjustments for decrease (increase) in other non-current assets			21460000
	Adjustments for other financial assets, non-current			-71991000
	Adjustments for other financial assets, current			-1704246000
	Adjustments for other bank balances			-1108029000
	Adjustments for increase (decrease) in trade payables, current			48932000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			322900000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			84968000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-11577000
	Adjustments for provisions, non-current			22337000
	Adjustments for other financial liabilities, current			1001510000
	Adjustments for other financial liabilities, non-current			-127843000
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			54938000
	Adjustments for share-based payments			78729000
	Adjustments for fair value losses (gains)			-5770000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-2544567000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			1854000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-4577295000
	Net cash flows from (used in) operations			-2364326000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			580306000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-2944632000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			31276000
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			305760000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			387000
	Purchase of property, plant and equipment			284400000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			406260000
	Proceeds from sales of intangible assets under development			175946000
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			863530000
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			13501000
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			54938000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-1610904000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			1190256000
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			2765000
	Proceeds from issuing other equity instruments			1743585000
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			2217046000
	Repayments of borrowings			0
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			660873000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			4492779000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-62757000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-62757000
	Cash and cash equivalents cash flow statement at beginning of period			1450691000
	Cash and cash equivalents cash flow statement at end of period			1387934000