CHOICEIN / Q3-FY26 / risks

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Choice International · Material risks, their source context, and severity in the latest available quarter.

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PositiveQ3-FY26 · 2026-02-10Back to quarter ↗

Risk intelligence

Material risks this quarter

Regulatory changes in derivatives segment

Industry-wide regulatory adjustments in the derivative space could impact broking revenue, though management is focusing on cash delivery to mitigate.

medium

Technology integration glitches

A 40-45 day technology glitch with a bank partner caused a 6% decline in credit card issuance, which management expects to be temporary.

low

Client onboarding slowdown due to contest withdrawal

Client onboarding in equity declined temporarily due to withdrawal of existing contests, but new contests for JFM period are expected to normalize.

low

Unsecured lending market pressure

The NBFC segment faces pressure in unsecured lending, but management is focusing on secured loans (MSME, rooftop solar) to mitigate risk.

medium