NSE:CHOICEIN management interview: Datamatics' Biggest AI Push Yet? Multi-Year Deals Signal Strong Demand | Business News | ET Now
ET Now, 2026-07-13. Video: https://www.youtube.com/watch?v=mYZg8uv3pcY
- Capital deployment plans: Choice International's incoming ₹900 crore investment from NHIS is earmarked for the broking and distribution segment, focusing primarily on MTF book expansion and AI-led technology infrastructure with full deployment expected after regulatory approval in a month.
- Broking growth targets: Management is targeting a 5x expansion in the broking and distribution business over the next three years, aiming to increase top-line revenue from ₹500 crore and grow net profit from ₹120 crore to more than ₹600 crore.
- MTF book expansion: The current MTF book of Choice Equity stands at approximately ₹400 crore, with plans to scale it up to ₹5,000 crore over the next three years.
- IPO pipeline execution: The firm expects to execute all 34 ongoing IPO mandates—representing roughly ₹7,550 crore of tentative fundraising—over the next two years.
- Consolidated earnings outlook: The company aims to sustain a profit-after-tax growth trajectory of 70% to 80%, expecting consolidated profit to grow 3x to 4x over the next three years across its broking, NBFC, government consulting, and investment banking segments.