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DB International Stock Brokers Sells Retail Business To Choice For ₹5 Crore


21 October 2026
DB (International) Stock Brokers Ltd.

Q2 FY27 Consolidated Results YoY: Revenue at 9.7 Cr vs 8.0 Cr, up 20.7%. EBITDA at 1.2 Cr vs 1.9 Cr, down 38.0%. EBITDA Margin at 12.1% vs 23.5%. PAT at 0.5 Cr vs 1.0 Cr, down 53.5%. Approved sale of major retail broking/DP excl HNI to Choice Equity and MF distribution to Choice Wealth for 5 Cr by Feb 2027; EGM Nov 18 2026. Context: resolves buyer search, retains HNI/prop focus. EBITDA Margin contraction of 1140bps has no specific driver disclosed in the filing.


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