What Is the Order?
The mandates comprise 23 separate projects awarded by various state and central government entities to Choice Consultancy Services Private Limited and Ayoleeza Consultants Private Limited. Key projects include a 60-month urban e-governance platform implementation in Bihar using the UPYOG framework and project management consultancy for the Gargai Dam and Water Conveyance project under the Brihanmumbai Municipal Corporation. Additional mandates cover railway electrification for the East Central Railway and independent engineering for Food Corporation of India silo projects in Punjab and Bihar.
The aggregate value of these orders stands at approximately ₹191.38 crore, focused on digital transformation and public infrastructure.
Business Impact
- Strengthens revenue visibility for the consulting vertical over the next one to five years based on project durations
- Validates the group's technical capabilities in diverse fields ranging from railway engineering to digital governance
- Deepens the company's geographic footprint in high-growth states like Bihar, Maharashtra, and Tamil Nadu
- Positions the firm as a preferred partner for large-scale multilateral and state-funded infrastructure initiatives
- Enhances the order book through a mix of large, medium, and small-scale government mandates
Business Overview
Choice International Limited is a diversified financial services and consulting group headquartered in Mumbai. The company operates across multiple segments including retail broking, institutional equities, wealth management, and government advisory. Its subsidiary, Choice Consultancy Services, specializes in preparing Detailed Project Reports and providing project monitoring services for government initiatives.
The group serves over 15 lakh clients and maintains a nationwide presence, leveraging technology-driven solutions. Ayoleeza Consultants, a step-down subsidiary, specifically enhances the firm's technical expertise in infrastructure advisory and public sector consulting.
Financial Context
Choice International currently trades as an expensive performer with a TTM Price to Earnings ratio of 78.82, compared to the sector average. The company has demonstrated strong financial momentum with a 24.18 percent annual revenue growth and a 33.77 percent increase in annual net profit. Market capitalization stands at ₹18,157.4 crore, supported by a durability score of 70 according to Trendlyne data.
While operating cash flow was negative for the last annual period, the company maintains a Piotroski score of 4 and an operating profit margin of 37.66 percent in the latest quarter.
