Choice International zooms ~2% as PAT for Q4FY22 grows 545% yoy; logs revenue of Rs93.40 crore

Its EBITDA for FY22 registered a growth of 123% yoy at Rs92.30 crore.

May 25, 2022 1:11 IST | India Infoline News Service
Choice International Limited announced its results for the quarter and financial year ended March 31, 2022.

The company has logged revenue of Rs286 crore in FY22, registering a growth of 61% yoy against the previous year. Revenue for Q4FY22 jumped 79% yoy at Rs93.40 crore against the previous corresponding quarter.

Its EBITDA for FY22 registered a growth of 123% yoy at Rs92.30 crore. EBITDA margin for FY22 expanded from 23.5% to 32.3%. Whereas EBITDA for Q4FY22 witnessed a growth of 244% at Rs27.40 crore, the margin expanded to 29.30%.

Company’s PAT jumped 545% yoy at Rs15.40 crore for Q4FY22. Whereas for FY22, it registered a growth of 221% yoy at Rs53.60 crore.

PAT margin for FY22 improved to 18.7% from 9.5%. For Q4FY22, the PAT margin improved from 4.6% to 16.5%.

Revenue share of 63% from Broking & Distribution services, 14 % from NBFC, and 23% from Advisory Services.

Choice International is currently trading at Rs342.45 up by Rs7.1 or 2.12% from its previous closing of Rs335.35 on the BSE. The scrip has touched intraday high and low of Rs355.15 and Rs339.05 respectively.

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