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Prudent Corporate Advisory Services Results: Latest Quarterly Results & Analysis

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Prudent Corporate Advisory Services Ltd. 28 Oct 2026 14:40 PM

Q2FY27 Quarterly Result Announced for Prudent Corporate Advisory Services Ltd.

Financial Services company Prudent Corporate Advisory Services announced Q2FY27 results

Consolidated Financial Highlights:

  • Total Income: For Q2FY27, total income stood at Rs 39,252.79 lakh, registering a QoQ increase of 6.53% compared to Rs 36,846.28 lakh in Q1FY27 and a YoY increase of 21.92% from Rs 32,196.39 lakh in Q2FY26. For H1FY27, total income reached Rs 76,099.01 lakh, up 20.41% YoY against Rs 63,199.06 lakh in H1FY26.
  • Revenue from Operations: For Q2FY27, revenue from operations was Rs 38,872.98 lakh, growing 11.82% QoQ from Rs 34,763.08 lakh in Q1FY27 and 21.56% YoY from Rs 31,979.03 lakh in Q2FY26. For H1FY27, revenue from operations stood at Rs 73,636.06 lakh, up 20.02% YoY against Rs 61,355.00 lakh in H1FY26.
  • Interest Earned: For Q2FY27, interest income stood at Rs 233.16 lakh, rising 7.27% QoQ compared to Rs 217.36 lakh in Q1FY27 and 16.09% YoY from Rs 200.84 lakh in Q2FY26. For H1FY27, interest earned was Rs 450.52 lakh, showing an 8.16% YoY increase from Rs 416.54 lakh in H1FY26.
  • Profit Before Tax (PBT): For Q2FY27, PBT was Rs 9,607.16 lakh, representing a QoQ decline of 4.15% from Rs 10,022.91 lakh in Q1FY27 but a YoY growth of 33.55% against Rs 7,193.48 lakh in Q2FY26. For H1FY27, PBT stood at Rs 19,630.07 lakh, up 38.71% YoY from Rs 14,152.01 lakh in H1FY26.
  • Profit After Tax (PAT): For Q2FY27, PAT stood at Rs 7,169.62 lakh, marking a QoQ drop of 4.09% from Rs 7,475.70 lakh in Q1FY27 but a YoY increase of 33.92% compared to Rs 5,353.70 lakh in Q2FY26. For H1FY27, PAT reached Rs 14,645.32 lakh, which is a 39.06% YoY growth over Rs 10,531.54 lakh in H1FY26.
  • Earnings Per Share (EPS): Basic EPS for Q2FY27 was Rs 17.32, decreasing QoQ from Rs 18.05 in Q1FY27 but increasing YoY from Rs 12.93 in Q2FY26. For H1FY27, Basic EPS was Rs 35.37, compared to Rs 25.43 in H1FY26. Diluted EPS for Q2FY27 was Rs 17.31, down QoQ from Rs 18.05 in Q1FY27 but up YoY from Rs 12.93 in Q2FY26, and reached Rs 35.36 for H1FY27 compared to Rs 25.43 in H1FY26.

Standalone Financial Highlights:

  • Total Income: For Q2FY27, total income stood at Rs 38,249.96 lakh, representing a QoQ growth of 8.39% against Rs 35,289.69 lakh in Q1FY27 and a YoY expansion of 22.02% from Rs 31,346.11 lakh in Q2FY26. For H1FY27, total income was Rs 73,539.65 lakh, growing 23.28% YoY from Rs 59,650.59 lakh in H1FY26.
  • Revenue from Operations: For Q2FY27, revenue from operations was Rs 37,792.81 lakh, increasing 11.20% QoQ from Rs 33,987.33 lakh in Q1FY27 and 22.95% YoY from Rs 30,724.19 lakh in Q2FY26. For H1FY27, operational revenue stood at Rs 71,780.14 lakh, up 23.21% YoY compared to Rs 58,256.82 lakh in H1FY26.
  • Interest Earned: For Q2FY27, interest income was Rs 233.16 lakh, up 7.27% QoQ from Rs 217.36 lakh in Q1FY27 and up 16.09% YoY from Rs 200.84 lakh in Q2FY26. For H1FY27, interest earned stood at Rs 450.52 lakh, demonstrating an 8.16% YoY rise from Rs 416.54 lakh in H1FY26.
  • Profit Before Tax (PBT): For Q2FY27, PBT came in at Rs 9,350.48 lakh, growing 1.73% QoQ against Rs 9,191.64 lakh in Q1FY27 and 36.07% YoY over Rs 6,871.94 lakh in Q2FY26. For H1FY27, PBT was Rs 18,542.12 lakh, marking a 38.09% YoY increase compared to Rs 13,427.60 lakh in H1FY26.
  • Profit After Tax (PAT): For Q2FY27, PAT reached Rs 6,977.42 lakh, up 1.72% QoQ from Rs 6,859.75 lakh in Q1FY27 and up 36.24% YoY from Rs 5,121.32 lakh in Q2FY26. For H1FY27, PAT stood at Rs 13,837.17 lakh, showcasing a 38.23% YoY growth compared to Rs 10,010.38 lakh in H1FY26.
  • Earnings Per Share (EPS): Basic EPS for Q2FY27 was Rs 16.85, up from Rs 16.57 in Q1FY27 and Rs 12.37 in Q2FY26, and stood at Rs 33.42 for H1FY27 compared to Rs 24.18 in H1FY26. Diluted EPS for Q2FY27 was Rs 16.84, up from Rs 16.57 in Q1FY27 and Rs 12.37 in Q2FY26, and reached Rs 33.41 for H1FY27 compared to Rs 24.18 in H1FY26.

Result PDF

Financial Services company Prudent Corporate Advisory Services announced Q1FY27 results

Consolidated financial Highlights:

  • Revenue from Operations: For Q1FY27, revenue from operations stood at Rs 34,763.08 lakh, representing a growth of 18.34% YoY from Rs 29,375.97 lakh in Q1FY26 and a decrease of 3.60% QoQ from Rs 36,059.34 lakh in Q4FY26.
  • Total Income: The company reported a total income of Rs 36,846.28 lakh in Q1FY27, marking an increase of 21.20% YoY from Rs 30,402.67 lakh in Q1FY26 and an increase of 3.53% QoQ from Rs 35,591.10 lakh in Q4FY26.
  • Profit Before Tax: Profit before tax reached Rs 10,022.91 lakh in Q1FY27, growing by 44.04% YoY compared to Rs 6,958.59 lakh in Q1FY26 and increasing by 27.16% QoQ compared to Rs 7,882.03 lakh in Q4FY26.
  • Profit After Tax: For the quarter ended June 30, 2026, profit after tax stood at Rs 7,475.70 lakh, reflecting a YoY growth of 44.38% from Rs 5,177.84 lakh in Q1FY26 and a QoQ growth of 26.47% from Rs 5,911.14 lakh in Q4FY26.
  • Total Comprehensive Income: The consolidated total comprehensive income for Q1FY27 was Rs 7,496.47 lakh, up 45.18% YoY from Rs 5,163.18 lakh in Q1FY26 and up 27.21% QoQ from Rs 5,892.81 lakh in Q4FY26.

Standalone financial Highlights:

  • Revenue from Operations: Standalone revenue from operations was Rs 33,987.33 lakh in Q1FY27, a YoY increase of 23.44% from Rs 27,532.63 lakh in Q1FY26 and a QoQ decline of 2.09% from Rs 34,711.65 lakh in Q4FY26.
  • Total Income: Standalone total income stood at Rs 35,289.69 lakh in Q1FY27, showing a growth of 24.68% YoY from Rs 28,304.48 lakh in Q1FY26 and a marginal growth of 1.25% QoQ from Rs 34,853.18 lakh in Q4FY26.
  • Profit Before Tax: Standalone profit before tax for Q1FY27 was Rs 9,191.64 lakh, up 40.21% YoY from Rs 6,555.66 lakh in Q1FY26 and up 11.74% QoQ from Rs 8,226.25 lakh in Q4FY26.
  • Profit After Tax: The company reported a standalone profit after tax of Rs 6,859.75 lakh in Q1FY27, which is 40.31% higher YoY compared to Rs 4,889.06 lakh in Q1FY26 and 11.65% higher QoQ compared to Rs 6,143.99 lakh in Q4FY26.

Business Highlights:

  • Assets Under Management (AUM): Closing AUM reached Rs 1,38,630 crore, representing a 17.6% YoY growth.
  • Equity AUM: Equity AUM grew by 18.3% YoY to Rs 1.34 lakh crore, supported by robust net inflows and the acquisition of Indus Capital.
  • Systematic Investment Plan (SIP) Book: The monthly SIP book grew by 21% YoY in June 2026, reaching Rs 1,203 crore.
  • Operating Profit: Consolidated operating profit grew by 32.4% YoY to Rs 89.1 crore in Q1FY27.
  • Margin Expansion: The operating profit margin expanded by 270 basis points YoY to 25.6% during the quarter.
  • Revenue Drivers: Consolidated revenue from operations was driven by a 20.8% increase in Quarterly Average AUM in the mutual fund business and a 20.6% growth in the insurance business.
  • Segment-wise Performance: The company operates in only one reportable business segment, which is the distribution and sale of financial products (Mutual Funds, Bonds, Fixed Deposits, Structured Products, Stock broking, Insurance, etc.) within India.

Sanjay Shah, Chairman & Managing Director of Prudent Group, stated: “We have started FY27 on a strong note, with revenue from operations growing by 18.3% and operating profit increasing by 32.4%, reflecting the strength of our diversified distribution platform.

The recent regulatory changes have further strengthened the value proposition of organised distribution platforms and we are already witnessing an acceleration in distributor additions.

We continue to invest in expanding our branch network, scaling our Specialized Investment Fund business and evaluating value-accretive acquisition opportunities.

With healthy business momentum, a strong balance sheet and multiple growth levers in place, we remain confident of delivering sustainable long-term growth and creating lasting value for our stakeholders.”

Result PDF

Financial Services company Prudent Corporate Advisory Services announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Revenue from Operations for Q4FY26 stood at Rs 36,059.34 lakh, representing a YoY growth of 27.40% from Rs 28,302.88 lakh in Q4FY25 and a QoQ increase of 5.07% from Rs 34,318.63 lakh in Q3FY26.
  • Total Income for Q4FY26 was Rs 35,591.10 lakh, reflecting a YoY growth of 22.09% compared to Rs 29,152.22 lakh in Q4FY25 and a marginal QoQ increase of 0.91% from Rs 35,269.90 lakh in Q3FY26.
  • Profit before Tax for Q4FY26 was Rs 7,882.03 lakh, an increase of 14.09% YoY from Rs 6,908.46 lakh and a QoQ growth of 1.58% from Rs 7,759.18 lakh.
  • Profit after Tax for Q4FY26 stood at Rs 5,911.14 lakh, registering a YoY growth of 14.25% from Rs 5,173.71 lakh and a QoQ growth of 2.58% compared to Rs 5,762.57 lakh in Q3FY26.
  • For the full year FY26, Consolidated Revenue from Operations reached Rs 1,31,732.97 lakh, up 19.37% from Rs 1,10,356.07 lakh in FY25.
  • Annual Consolidated Profit after Tax for FY26 was Rs 22,205.25 lakh, representing a growth of 13.50% YoY compared to Rs 19,564.52 lakh in FY25.
  • The Basic and Diluted Earnings Per Share (EPS) for Q4FY26 was Rs 14.28, compared to Rs 12.49 in Q4FY25. The annual EPS for FY26 stood at Rs 53.63.

Standalone Financial Highlights:

  • Total Revenue from Operations for Q4FY26 reached Rs 34,711.65 lakh, a YoY increase of 43.12% from Rs 24,252.91 lakh in Q4FY25 and a QoQ growth of 4.38% from Rs 33,254.12 lakh in Q3FY26.
  • Total Income for the quarter Q4FY26 was Rs 34,853.18 lakh, reflecting a growth of 40.38% YoY compared to Rs 24,827.60 lakh in Q4FY25 and an increase of 2.69% QoQ from Rs 33,941.25 lakh in Q3FY26.
  • Profit before Tax for Q4FY26 stood at Rs 8,226.25 lakh, registering a YoY growth of 68.15% from Rs 4,892.18 lakh and a QoQ growth of 11.22% from Rs 7,396.22 lakh.
  • Profit after Tax for Q4FY26 was Rs 6,143.99 lakh, a significant YoY increase of 69.42% from Rs 3,626.66 lakh and a QoQ growth of 11.59% from Rs 5,505.97 lakh.
  • For the full year FY26, Standalone Revenue from Operations reached Rs 1,26,222.59 lakh, a growth of 29.61% YoY from Rs 97,389.43 lakh in FY25.
  • Annual Standalone Profit after Tax for FY26 stood at Rs 21,660.34 lakh, reflecting a 38.33% YoY growth from Rs 15,658.49 lakh in FY25.
  • The Basic and Diluted Standalone EPS for Q4FY26 was Rs 14.84, while the annual Standalone EPS for FY26 was Rs 52.31.

Business Highlights:

  • Segment Performance: The company and the Group operate in only one reportable business segment, which is the distribution and sale of financial products (Mutual Funds, Bonds, Fixed Deposits, Structured Products, Stock broking, Insurance, etc.) within India.
  • Dividend Recommendation: The Board of Directors has recommended a final dividend of Rs 3.50 /- (70%) per equity share of face value of Rs 5/- each for the financial year ended March 31, 2026.
  • Indus Capital Acquisition: The Parent Company completed the acquisition of the mutual fund distribution business of Indus Capital as a going concern on a slump sale basis, effective October 1, 2025, for an aggregate consideration of Rs 12,375.00 lakh.
  • Acquisition Commission Income: Following the acquisition of Indus Capital, the Parent Company earned commission income of Rs 539.00 lakh during Q4FY26 and Rs 1,110.98 lakh during FY26.
  • Change in Asset Estimates: Effective October 1, 2025, the Company reassessed and changed the estimated useful life of its acquired customer folios. Had the previous useful life been continued, the amortisation charge for Q4FY26 and FY26 would have been higher by Rs 167.87 lakh and Rs 339.48 lakh, respectively.
  • New Appointments: The Board approved the appointment of Mr. Chirag Ashwinkumar Shah as a Non-Executive, Non-Independent Director with effect from July 22, 2026. Additionally, M/s. PramodKumar Dad & Associates were re-appointed as Internal Auditors for FY7.

Sanjay Shah, Managing Director, Prudent Group said: "FY26 has been a landmark year for Prudent. Record equity mutual fund net sales of Rs 13,911 crore, 5,100 new partners added and our health insurance vertical delivering its highest ever fresh premiums growing at 35% reflect the strength of our franchise. With the launch of edget, our Al powered tool for MFDs, we are now equipping our partners to grow faster, serve better and scale more efficiently."

Result PDF

Financial Services company Prudent Corporate Advisory Services announced Q3FY26 results

  • Revenue from operations grew 20.4% YoY to Rs 343.2 crore, driven by 20.9% increase in Quarterly Average AUM in the mutual fund segment.
  • Despite a range bound market, equity-oriented AUM grew 22.4% YoY to Rs 1,25,730 crore. This was driven by strong net sales of Rs 12,909 crore coupled with acquisition of Indus Capital.
  • The monthly Systematic Investment Plan (SIP) book grew by 21% YoY in December reaching Rs 1135 crore.
  • Operating profit increased by 18% YoY to Rs 77.8 crore aided by a strong operational performance in mutual fund and insurance vertical.
  • Profit after tax rose by 19.6% YoY to Rs 57.6 crore, driven by robust operational growth and increased other income from treasury gains.

Sanjay Shah, Managing Director of Prudent Group, said: “The integration of Indus has gone very smoothly, with strong comfort from their key clients. It is a highly cash-accretive addition to our platform and strengthens our distribution capabilities. Given this success, we remain open to similar opportunities where distributors seek alignment with a scaled, technology-driven platform to ensure business and service continuity for their clients & our treasury book of Rs 540 crore enable us to pursue such opportunities”.

Result PDF

Financial Services company Prudent Corporate Advisory Services announced Q2FY26 results

  • Revenue from Operations: Rs 319.8 crore compared to Rs 286.1 crore during Q2FY25, change 11.8%.
  • Profit Before Tax: Rs 71.9 crore compared to Rs 69.3 crore during Q2FY25, change 3.8%.
  • Profit After Tax: Rs 53.5 crore compared to Rs 51.5 crore during Q2FY25, change 3.9%.

Sanjay Shah, Managing Director, Prudent Group, said: “Despite the Nifty 500 declining by 6.2% in the year ended September 2025, we added Rs 13,650 crore to our Equity AUM, driven by strong net equity sales. This performance underscores the resilience and maturity of Indian retail investors, who continued their systematic investments with consistency and conviction even in a volatile market. It reaffirms our belief that the Indian retail investor is evolving into a long-term wealth creator.

Furthermore, the acquisition of Indus Capital will accelerate our retail expansion and is expected to be highly cash accretive for our shareholders. With this strategic move, we continue to advance our vision of building India’s most trusted and scalable retail wealth management platform”.

Result PDF

Financial Services company Prudent Corporate Advisory Services announced Q1FY26 results

  • Revenue from operations grew 18% YoY to Rs 293.8 crore, driven by 23% increase in Quarterly Average AUM in the mutual fund segment.
  • Equity AUM grew 22% year-on-year to Rs 1,13,950 crore, driven by strong net sales of Rs 12,635 crore over the last 12 months.
  • The monthly Systematic Investment Plan (SIP) book grew by 28% YoY in June reaching Rs 996 crore.
  • Operating profit increased by 14% YoY to Rs 67.3 crore aided by a strong revenue growth.
  • Profit after tax rose by 17% YoY to Rs 51.8 crore, driven by robust operational growth and increased other income from treasury gains.

Sanjay Shah, Managing Director of Prudent Group stated “The rising SIP culture in India is transforming the way people invest, fostering discipline and longterm wealth creation across millions of households. At Prudent, we are proud to have crossed the Rs 1,000 crore milestone in our monthly SIP book, a testament to the trust placed in us by investors and the strength of our platform.

Our opening AUM for Q2FY26 stands at Rs 1,17,987 crore, 7.1% higher than Q1’s average AUM, indicating strong tailwinds and momentum for the year ahead.”

Result PDF

Financial Services company Prudent Corporate Advisory Services announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Revenue from Operations: Rs 283.0 crore compared to Rs 239.7 crore during Q4FY24, change 18.1%.
  • Profit Before Tax: Rs 69.1 crore compared to Rs 59.8 crore during Q4FY24, change 15.6%.
  • Profit After Tax: Rs 51.7 crore compared to Rs 44.6 crore during Q4FY24, change 16.1%.
  • EPS: Rs 12.49 compared to Rs 10.76 during Q4FY24, change 16.1%.

FY25 Financial Highlights:

  • Revenue from operations grew 37% YoY to Rs 1103.6 crore, driven by 43% increase in Yearly Average AUM in the mutual fund segment.
  • Equity AUM grew by 25% in FY25 to Rs 1,00,061 crore, driven by robust net sales of Rs 12,606 crore a 105% increase over FY24.
  • The monthly Systematic Investment Plan (SIP) book grew by 35% YoY in March reaching Rs 981 crore.
  • Operating profit increased by 36% YoY to Rs 262.4 crore with operating margins stable at 23.8%.
  • Profit after tax rose by 41% YoY to Rs 195.6 crore, driven by robust operational growth and increased other income from treasury gains.

Sanjay Shah, Managing Director. Prudent Group, said: “ In the 1980s, the United States witnessed a threefold increase in per capita GDP over two decades. But the real story was in the financial markets where the mutual fund industry expanded by an unprecedented 52x, unlocking massive retail participation and long-term wealth creation.

India now stands at a similar inflection point. According to the Viksit Bharat 2047 vision, India’s per capita GDP is expected to grow 9x by 2047. In tandem, the Indian mutual fund industry is projected to grow 42x to nearly Rs 2,800 lakh crore, translating to a robust CAGR of 18–19%. Thisis a once-in-a-generation opportunity that will redefine how India invests, saves, and builds wealth.

At Prudent, we are fully aligned with this long-term vision and exceptionally well-positioned to lead and thrive in this evolving landscape.”

Result PDF

Financial Services company Prudent Corporate Advisory Services announced Q2FY25 results

  • Revenue from operations grew 51% YoY to Rs 286.1 crore, driven by 53% increase in Quarterly Average AUM in the mutual fund segment, coupled with a 36% growth in revenues from non-mutual fund products.
  • AUM growth was fueled by mark-to-market (M2M) gains as markets saw a strong broad-based rally. The M2M impact added Rs 28,619 crore to AUM over the past twelve months.
  • The Systematic Investment Plan (SIP) book grew by 47% YoY in September reaching Rs 874 crore. Prudent’s market share of SIP flows in the industry stood at 3.6% in September 2024.
  • Operating profit increased by 59% YoY to Rs 68.7 crore. This growth outpaced revenue growth due to operating leverage, with operating margins rising by 1.3 percentage points to 24.0% in September 2024.
  • Profit after tax rose by 69% YoY to Rs 51.5 crore, driven by robust operational growth and increased other income from treasury gains.

Sanjay Shah, Managing Director of Prudent Group, said: “Adoption to mutual funds is growing at an exponential pace. The unique mutual fund investor count for the industry surpassed the mark of 5 crore in the month of September. Since the last three months, monthly addition of unique investors is at a run-rate above 10 lakh. This accelerated adoption to mutual funds is a great tailwind for Prudent & is getting reflected in our numbers. In the first half of FY25, our net equity sales reached Rs 5,700 crore, amounting to nearly 93% of the total net sales achieved in all of FY24. In this phase of Amrit kaal wherein per capita income is set to grow 10x in next twenty-five years, Prudent will have a huge growth leeway.”

Result PDF

Financial Services company Prudent Corporate Advisory Services announced Q1FY25 results:

  • Revenue from operations grew 51% YoY to Rs 249.4 crore led by 52% growth in Quarterly Average AUM in the mutual fund vertical coupled with a 64% growth in revenues from non-mutual fund products.
  • Growth in AUM was led by marked to market (M2M) gains as markets witnessed a strong broad based rally. Gains in AUM due to M2M impact in last twelve months was Rs 26,000 crore. On 26 July 2024, Prudent surpassed a key milestone in AUM of One Lakh crore.
  • Systematic Investment Plan (SIP) book grew by 41% YoY in the month of June & stood at Rs 780 crore. Prudent’s market share of SIP flow in the industry stood at 3.7% for June-2024.
  • Operating profit grew by 51% YoY to Rs 59.0 crore in-line with the revenue growth.
  • Profit after tax grew by 57% YoY to Rs 44.2 crore led by a strong operational growth & higher other income due to gains in the treasury book. 

Commenting on the results, Sanjay Shah, Managing Director of Prudent Group stated “Our Assets Under Management (AUM) surpassed Rs 1 lakh crore on July 26, 2024, about a year and a half ahead of schedule, largely due to marked to market movements. It took us nearly eighteen years to reach Rs 20,000 crore, but the last Rs 20,000 crore was added in just six months. This achievement demonstrates that Mutual Fund Distributors see great value in partnering with Prudent because of our technology and on-ground support. Our next goal is to reach a SIP book of Rs 1000 crore by March 2025.”

Shirish Patel, Chief Executive Officer (CEO) of Prudent Group stated “Our numbers are a testament to the enduring strength of our business model. Net equity sales were strong this quarter at Rs 2500 crore, making up almost 40% of our total net equity sales for FY24. This indicates that retail participation in mutual funds is strong. During this phase of Amrit Kaal, the mutual fund industry is expected to grow rapidly aided by a higher per capita income. Favourable economic conditions and supportive regulations will create significant growth opportunities for us.”

Result PDF

Financial Services company Prudent Corporate Advisory Services announced FY24 results:

Financial Highlights:

  • Revenue from operations grew 32% YoY to Rs 805.1 crore led by 32% growth in Yearly Average AUM in the mutual fund vertical coupled with a 50% growth in revenues from non-mutual fund products.

  • Growth in AUM was largely led by marked to market (M2M) gains as markets witnessed a strong broad based rally during Fiscal 2024. Closing AUM as of 31 March 2024 grew by 48% YoY to Rs 83,384 crore.

  • Systematic Investment Plan (SIP) book grew by 40% YoY in the month of March & stood at Rs 726 crore. Our market share of SIP flow in the industry stood at 3.8% for March-2024.

  • Operating profit grew by 11% YoY to Rs 193.1 crore. Operating profit growth was lower than revenue growth on the back of investments made to scale the insurance vertical.

  • Profit after tax grew by 19% YoY to Rs 138.7 crore led by a strong operational growth & higher other income. 

  • The Cash Flow from Operations (CFO) during FY24 stood at Rs 150 crore & CFO/PAT ratio stood at a 108%. Strong Cash Flow from Operations will give firepower for inorganic acquisitions going forward.

  • Return on Equity stood at 28.8% for FY24.

  • The Board of Directors has recommended a final dividend of Rs 2 per Equity Share. This dividend is on the face value of Rs 5 per share.

Commenting on the results, Sanjay Shah, Managing Director of Prudent Group stated “Gross Household Financial Savings is expected to double to Rs 62 trillion in the next six years. Within gross household financial savings, share of savings in the form of currency & deposits have gone down from 64% a decade back to now 45%. This share is getting captured by government savings scheme & investments in the form of mutual funds & direct equity. The ability of mutual funds to deliver inflation beating returns is getting well understood by retail. Prudent is making most of this opportunity. Industry’s Systematic Investment Plan (SIP) book has grown by almost Rs 50 billion in FY24, of which Prudent’s contribution is 2 billion leading to a 4% market share in the incremental SIP additions. By March-2026, as we aim to achieve an AUM of Rs 1 lakh crore, we foresee our monthly SIP inflow crossing the mark of Rs 1000 crore. With a robust performance track record and a promising economic backdrop, we are poised to continue our successful growth trajectory."

Shirish Patel, Chief Executive Officer (CEO) of Prudent Group stated “Our numbers are a testament to the enduring strength of our business model. Three Key Highlights from FY24 Results:

  • Our Mutual Fund AUM crossed Rs 83,000 crore

  • Our Consolidated Topline crossed Rs 800 crore

  • Our Consolidated Profit After Tax crossed Rs 138 crore

As we reflect on the year, we added Rs 277 billion of Equity AUM. Of this, Rs 215 billion was contributed by Marked to Market movement. Our entire AUM as on 30 May 2020 was around 210 billion & the M2M of this year alone is equivalent to the entire AUM four years back. Net sales during the year was Rs 62 billion which is 25% higher compared to FY23 levels. Fiscal 2025 looks very promising as we are starting the year at a mutual fund AUM of Rs 834 billion which is 19% higher compared to the yearly average AUM of Rs 699 billion in FY24 on which we earned our revenues. We are confident in our strategy and our team, and look forward to continuing our growth trajectory”

Result PDF

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