Choice International Limited (CHOICEIN) - Net Assets
Based on the latest financial reports, Choice International Limited (CHOICEIN) has net assets worth Rs13.72 Billion INR (≈ $148.33 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs28.52 Billion ≈ $308.43 Million USD) and total liabilities (Rs14.80 Billion ≈ $160.09 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Choice International Limited (CHOICEIN) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs13.72 Billion |
| % of Total Assets | 48.09% |
| Annual Growth Rate | 38.77% |
| 5-Year Change | 320.37% |
| 10-Year Change | 1641.66% |
| Growth Volatility | 71.35 |
Choice International Limited - Net Assets Trend (2008–2025)
This chart illustrates how Choice International Limited's net assets have evolved over time, based on quarterly financial data. Also explore Choice International Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Choice International Limited (2008–2025)
The table below shows the annual net assets of Choice International Limited from 2008 to 2025. For live valuation and market cap data, see CHOICEIN market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs11.06 Billion ≈ $119.58 Million |
+72.71% |
| 2024-03-31 | Rs6.40 Billion ≈ $69.24 Million |
+32.80% |
| 2023-03-31 | Rs4.82 Billion ≈ $52.14 Million |
+17.35% |
| 2022-03-31 | Rs4.11 Billion ≈ $44.43 Million |
+56.18% |
| 2021-03-31 | Rs2.63 Billion ≈ $28.45 Million |
+23.37% |
| 2020-03-31 | Rs2.13 Billion ≈ $23.06 Million |
+27.97% |
| 2019-03-31 | Rs1.67 Billion ≈ $18.02 Million |
+0.25% |
| 2018-03-31 | Rs1.66 Billion ≈ $17.97 Million |
+108.31% |
| 2017-03-31 | Rs797.77 Million ≈ $8.63 Million |
+25.66% |
| 2016-03-31 | Rs634.86 Million ≈ $6.87 Million |
+5.12% |
| 2015-03-31 | Rs603.94 Million ≈ $6.53 Million |
+8.18% |
| 2014-03-31 | Rs558.27 Million ≈ $6.04 Million |
+4.34% |
| 2013-03-31 | Rs535.04 Million ≈ $5.79 Million |
+43.99% |
| 2012-03-31 | Rs371.59 Million ≈ $4.02 Million |
+125.23% |
| 2010-03-31 | Rs164.98 Million ≈ $1.78 Million |
+290.74% |
| 2009-03-31 | Rs42.22 Million ≈ $456.62K |
+0.21% |
| 2008-03-31 | Rs42.13 Million ≈ $455.67K |
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Equity Component Analysis
This analysis shows how different components contribute to Choice International Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 522208500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs5.22 Billion | 50.83% |
| Common Stock | Rs2.00 Billion | 19.43% |
| Other Comprehensive Income | Rs1.83 Billion | 17.84% |
| Other Components | Rs1.22 Billion | 11.90% |
| Total Equity | Rs10.27 Billion | 100.00% |
Choice International Limited Competitors by Market Cap
The table below lists competitors of Choice International Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EUTEL.CO.SP.ADR 1/4/ EO1
F:E3B0
|
$1.60 Billion |
|
Sienna Senior Living Inc
TO:SIA
|
$1.60 Billion |
|
Bank First National Corp
NASDAQ:BFC
|
$1.60 Billion |
|
Firstsource Solutions Limited
NSE:FSL
|
$1.60 Billion |
|
ADIENT PLC DL-001
F:18I
|
$1.60 Billion |
|
Hyundai Department
KO:069960
|
$1.60 Billion |
|
Westshore Terminals Investment Corp
TO:WTE
|
$1.60 Billion |
|
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
|
$1.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Choice International Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,314,201,000 to 10,274,346,000, a change of 3,960,145,000 (62.7%).
- Net income of 1,627,136,000 contributed positively to equity growth.
- New share issuances of 2,936,606,000 increased equity.
- Other comprehensive income increased equity by 1,164,923,000.
- Other factors decreased equity by 1,768,520,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.63 Billion | +15.84% |
| Share Issuances | Rs2.94 Billion | +28.58% |
| Other Comprehensive Income | Rs1.16 Billion | +11.34% |
| Other Changes | Rs-1.77 Billion | -17.21% |
| Total Change | Rs- | 62.72% |
Book Value vs Market Value Analysis
This analysis compares Choice International Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 12.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 150.64x to 12.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | Rs4.40 | Rs663.45 | x |
| 2009-03-31 | Rs4.41 | Rs663.45 | x |
| 2010-03-31 | Rs11.32 | Rs663.45 | x |
| 2012-03-31 | Rs18.96 | Rs663.45 | x |
| 2013-03-31 | Rs26.40 | Rs663.45 | x |
| 2014-03-31 | Rs23.36 | Rs663.45 | x |
| 2015-03-31 | Rs25.27 | Rs663.45 | x |
| 2016-03-31 | Rs26.56 | Rs663.45 | x |
| 2017-03-31 | Rs16.79 | Rs663.45 | x |
| 2018-03-31 | Rs34.77 | Rs663.45 | x |
| 2019-03-31 | Rs34.86 | Rs663.45 | x |
| 2020-03-31 | Rs40.19 | Rs663.45 | x |
| 2021-03-31 | Rs30.58 | Rs663.45 | x |
| 2022-03-31 | Rs42.49 | Rs663.45 | x |
| 2023-03-31 | Rs23.88 | Rs663.45 | x |
| 2024-03-31 | Rs31.48 | Rs663.45 | x |
| 2025-03-31 | Rs51.53 | Rs663.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Choice International Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.84%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.89%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.55x
- Recent ROE (15.84%) is above the historical average (9.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 6.23% | 23.71% | 0.26x | 1.01x | Rs-1.59 Million |
| 2009 | 3.41% | 7.65% | 0.43x | 1.04x | Rs-2.78 Million |
| 2010 | 14.53% | 6.91% | 1.92x | 1.09x | Rs7.47 Million |
| 2012 | 9.85% | 7.72% | 0.74x | 1.74x | Rs-560.93K |
| 2013 | 6.83% | 9.41% | 0.34x | 2.13x | Rs-16.94 Million |
| 2014 | 6.25% | 6.07% | 0.30x | 3.39x | Rs-20.95 Million |
| 2015 | 8.45% | 9.41% | 0.24x | 3.76x | Rs-9.39 Million |
| 2016 | 6.77% | 2.37% | 0.78x | 3.65x | Rs-20.51 Million |
| 2017 | 7.88% | 4.91% | 0.45x | 3.60x | Rs-16.88 Million |
| 2018 | 7.37% | 8.66% | 0.33x | 2.58x | Rs-43.75 Million |
| 2019 | 3.54% | 5.56% | 0.23x | 2.79x | Rs-107.67 Million |
| 2020 | 5.83% | 10.31% | 0.24x | 2.36x | Rs-88.89 Million |
| 2021 | 6.35% | 10.10% | 0.25x | 2.49x | Rs-95.93 Million |
| 2022 | 13.07% | 19.42% | 0.28x | 2.38x | Rs125.77 Million |
| 2023 | 12.59% | 15.43% | 0.35x | 2.32x | Rs123.38 Million |
| 2024 | 20.72% | 17.44% | 0.42x | 2.86x | Rs677.17 Million |
| 2025 | 15.84% | 17.89% | 0.35x | 2.55x | Rs599.70 Million |
Industry Comparison
This section compares Choice International Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $5,711,726,270
- Average return on equity (ROE) among peers: 24.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Choice International Limited (CHOICEIN) | Rs13.72 Billion | 6.23% | 1.08x | $1.60 Billion |
| 21st Century Management Services Limited (21STCENMGM) | $620.72 Million | 11.01% | 0.47x | $4.15 Million |
| 5paisa Capital Ltd (5PAISA) | $6.04 Billion | 11.30% | 1.76x | $113.39 Million |
| Abans Holdings Limited (AHL) | $7.36 Billion | 8.41% | 0.59x | $117.39 Million |
| AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) | $34.16 Billion | 125.98% | 1.02x | $4.33 Billion |
| Almondz Global Securities Limited (ALMONDZ) | $1.19 Billion | 8.20% | 0.87x | $30.95 Million |
| Angel One Limited (ANGELONE) | $3.47 Billion | 12.65% | 1.81x | $3.03 Billion |
| Arihant Capital Markets Limited (ARIHANTCAP) | $1.82 Billion | 19.04% | 1.53x | $83.11 Million |
| Ausom Enterprise Limited (AUSOMENT) | $495.46 Million | 16.21% | 0.82x | $21.77 Million |
| Avonmore Capital & Management Services Limited (AVONMORE) | $341.22 Million | 1.46% | 0.00x | $37.72 Million |
| Aditya Birla Money Limited (BIRLAMONEY) | $1.63 Billion | 32.55% | 12.01x | $89.41 Million |
About Choice International Limited
Choice International Limited, together with its subsidiaries, provides various financial services in India. It operates through Broking & Distribution Services, Advisory Services, and NBFC Services segments. The company offers equity broking; wealth management, such as asset allocation, risk management, investment products, and estate planning; health, life, commercial, and vehicle insurance; sol… Read more