Prudent Corporate Advisory Services share price
NSE: PRUDENTBSE: 543527Capital MarketsSmall Cap
Prudent Corporate Advisory Services Limited · Face value ₹5 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed May 2022 · Issue price ₹630
Last close ₹2,891.00down ₹73.80 (2.49%)BSE ₹2,894.05
Share price at the NSE close on 29 Oct 2026. Previous close ₹2,964.80.
29 Oct: open ₹3,001.00, high ₹3,032.90, low ₹2,823.00
52-week range of traded prices to 29 Oct 2026
₹2,121.00Low, 9 Mar 2026₹4,105.50High, 31 Aug 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹11,971 Cr535th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 45.48
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 11.77
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.12%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 29.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 32.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 77,35365.8% delivered
About Prudent Corporate Advisory Services
Prudent Corporate Advisory Services Limited is an Ahmedabad-based retail wealth management group in India that distributes financial products to retail investors.12 It works on a business-to-business-to-consumer model: mutual fund distributors registered with it use its digital platform and back-office support to serve their own clients.34
Its products include mutual funds, life and general insurance, equity broking, the National Pension Scheme, unlisted securities, bonds, fixed deposits, portfolio management services, alternative investment funds, loans against mutual funds and Smallcase portfolios.3 Its platforms are FundzBazar for investors, PrudentConnect for distributors, PolicyWorld for insurance and FB Broking for share trading.4 In May 2026 it launched edge+, an artificial intelligence assistant for its distributors.5 Its wholly owned subsidiary Gennext Insurance Brokers is registered with IRDAI, the insurance regulator, as a broker for life and general insurance.67 As of its presentation of 25 Jul 2026, Prudent itself is also a licensed corporate agent.7
The business began offering financial services in 2000, and the company was incorporated in 2003.8 It launched FundzBazar, its online investment platform, in May 2016 and listed on BSE and NSE on 20 May 2022.910 It has bought the mutual fund assets of Karvy Stock Broking, in 2021, and of iFast Financial.811
Its founder, Sanjay Shah, is chairman, managing director and promoter.1213 Zulia Investments, part of the Temasek group, held 6.69% of the shares at 30 June 2026.14
Prudent Corporate Advisory Services key points
Results
- In the quarter to Jun 2026, consolidated revenue from operations rose 18.3% from a year earlier, operating profit (EBITDA: earnings before interest, tax, depreciation and amortisation) 32.4% to ₹89.1 crore and profit after tax 44.4% to ₹74.8 crore.1516
- In the year to Mar 2026, consolidated revenue from operations rose 19.4% to ₹1,317.3 crore from ₹1,103.6 crore, operating profit 18.2% to ₹310.2 crore and profit after tax 13.5% to ₹222.1 crore from ₹195.6 crore.17
- Equity net sales (new money into equity funds, less withdrawals) of ₹13,911 crore in the year to Mar 2026 were Prudent's highest ever.18
Market position
- Prudent is the second-largest non-bank mutual fund distributor by commission received, the company says in its annual report. In the year to Mar 2025 it ranked fourth by commission among distributors meeting AMFI's size criteria.1920
- Every fifth mutual fund distributor in India is empanelled with Prudent, the company says.21
- Among mutual fund distributors in the registrar CAMS's ranking as of June 2026, Prudent was 4th by retail assets and 5th by retail net sales.22
- Its share of the industry's equity fund assets, excluding exchange-traded funds, was 2.64% in June 2026, against 2.61% in March 2026 and 2.55% a year earlier.23
Business segments
- Mutual fund distribution. Earned ₹1,102.4 crore in the year to Mar 2026, up 21%, at a yield of 91 basis points (hundredths of a percent), level for a third year.2425
- Insurance distribution. Life and general insurance; earned ₹152.0 crore in the year to Mar 2026, up 18%. Life insurance fresh premiums rose 73.4% in the quarter to Jun 2026.262728
- Other financial products. Portfolio management services (PMS), alternative investment funds (AIF), fixed deposits, bonds, smallcase portfolios and loans against securities; PMS and AIF assets rose 46% to ₹1,670 crore by March 2026 from ₹1,143 crore in March 2025.29
- Stock broking. Share and equity derivatives trading for retail clients on the FundzBazar broking platform; earned ₹18.7 crore in the year to Mar 2026, less than a year earlier.30
Assets and flows
- Mutual fund assets under management (AUM, the mutual fund assets held by the investors it serves) were ₹1,38,630 crore at 30 June 2026, for 20,94,307 investors.33
- Monthly SIP (systematic investment plan, a fixed monthly investment) inflows were ₹1,203 crore in June 2026, up 20.9% from a year earlier; equity net sales in the quarter to Jun 2026 were ₹3,790 crore, up 49.9%.34
- At 31 March 2026, 96.8% of its AUM was in equity-oriented schemes; it handled 37.49 lakh SIPs, against 32.90 lakh a year earlier, and SIPs made up 43.6% of equity AUM.35
Branches and reach
- As of its presentation of 25 Jul 2026, it worked from 156 locations in 21 states with 1,639 employees.36
- Of its 38,225 distributors, 13,530 also sell insurance as point-of-sale persons (agents licensed to sell simpler policies), as of 30 June 2026.37
- The company said it signed up about 600 new distributors a month in the quarter to Jun 2026, against 430 a month in the year to Mar 2026.38
- 1,323 of its distributors were certified to sell specialised investment funds (SIFs, a newer category between mutual funds and portfolio management services) at 30 June 2026.39
What the company expects
- On its earnings call of 27 Jul 2026, the company said it expects to hold its gross mutual fund yield at around 88 basis points, after April 2026 rule changes cut it by about 2.8 basis points.40
- The company said it plans to open around 30 new branches in the year to Mar 2027, more than 12 of them in the quarter to Jun 2026.4142
- The company said it expects employee costs, including stock option (ESOP) expenses, to grow 22% to 24% in the year to Mar 2027.4142
- The company said it is evaluating acquisitions with a treasury book (its own investments) of around ₹650 crore. It may buy a PMS business or take its own licence after a consultation on mutual-fund-only PMS ends; its board has not discussed this.4344
Recent events
- On 7 May 2026 the board recommended a final dividend of ₹3.50 a share for the year to Mar 2026, up from ₹2.50 a year earlier.4546
- On 8 Sep 2025 the board approved buying the mutual fund distribution business of Indus Capital of Pune, with AUM of ₹2,030 crore, for an aggregate consideration of ₹123.75 crore (upfront and performance-linked deferred payments); the transfer was completed in October 2025.4748
Last updated
All 48 sources, each with its page
- 1. Investor presentation, 25 Jul 2026, page 4
- 2. Annual report, 6 Jul 2026, page 36
- 3. Annual report, 6 Jul 2026, page 4
- 4. Annual report, 6 Jul 2026, page 6
- 5. Annual report, 6 Jul 2026, page 13
- 6. Annual report, 6 Jul 2026, page 37
- 7. Investor presentation, 25 Jul 2026, page 11
- 8. Annual report, 6 Jul 2026, page 5
- 9. Annual report, 6 Jul 2026, page 11
- 10. Annual report, 6 Jul 2026, page 38
- 11. Investor presentation, 25 Jul 2026, page 43
- 12. Annual report, 6 Jul 2026, page 27
- 13. Annual report, 6 Jul 2026, page 29
- 14. Investor presentation, 25 Jul 2026, page 46
- 15. Earnings call, 27 Jul 2026, page 5
- 16. Investor presentation, 25 Jul 2026, page 48
- 17. Annual report, 6 Jul 2026, page 25
- 18. Annual report, 6 Jul 2026, page 23
- 19. Annual report, 6 Jul 2026, page 4
- 20. Investor presentation, 25 Jul 2026, page 32
- 21. Annual report, 6 Jul 2026, page 24
- 22. Investor presentation, 25 Jul 2026, page 10
- 23. Investor presentation, 25 Jul 2026, page 52
- 24. Annual report, 6 Jul 2026, page 24
- 25. Annual report, 6 Jul 2026, page 25
- 26. Annual report, 6 Jul 2026, page 24
- 27. Annual report, 6 Jul 2026, page 25
- 28. Earnings call, 27 Jul 2026, page 4
- 29. Annual report, 6 Jul 2026, page 24
- 30. Annual report, 6 Jul 2026, page 24
- 31. Investor presentation, 25 Jul 2026, page 38
- 32. Investor presentation, 25 Jul 2026, page 38
- 33. Investor presentation, 25 Jul 2026, page 10
- 34. Investor presentation, 25 Jul 2026, page 48
- 35. Annual report, 6 Jul 2026, page 36
- 36. Investor presentation, 25 Jul 2026, page 4
- 37. Investor presentation, 25 Jul 2026, page 37
- 38. Earnings call, 27 Jul 2026, page 6
- 39. Investor presentation, 25 Jul 2026, page 35
- 40. Earnings call, 27 Jul 2026, page 4
- 41. Annual report, 6 Jul 2026, page 16
- 42. Earnings call, 27 Jul 2026, page 5
- 43. Earnings call, 27 Jul 2026, page 6
- 44. Earnings call, 27 Jul 2026, page 9
- 45. Annual report, 6 Jul 2026, page 36
- 46. Annual report, 6 Jul 2026, page 25
- 47. Annual report, 6 Jul 2026, page 43
- 48. Investor presentation, 25 Jul 2026, page 44
Results
Consolidated; ₹ crore.Prudent Corporate Advisory Services quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +21.9%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +28.2%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹389 Crup 11.82%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹72 Crdown 4.09%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 18.4%
Revenue by quarter
Peak revenue ₹389 Cr, quarter to Sep 2026; lowest ₹283 Cr, quarter to Mar 2025
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 285 | 283 | 294 | 320 | 343 | 361 | 348 | 389 |
| Net profit | 48 | 52 | 52 | 54 | 58 | 59 | 75 | 72 |
| Net margin | 16.9% | 18.3% | 17.6% | 16.7% | 16.8% | 16.4% | 21.5% | 18.4% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,317 Crup 19.37%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹222 Crup 13.50%
- Net margin
- 16.9%
Revenue by year
Peak revenue ₹1,317 Cr, year to Mar 2026; lowest ₹451 Cr, year to Mar 2022
Net profit by year, a loss in red
| ₹ crore | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 451 | 611 | 805 | 1,104 | 1,317 |
| Net profit | 80 | 117 | 139 | 196 | 222 |
| Net margin | 17.8% | 19.1% | 17.2% | 17.7% | 16.9% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Distribution and sale of financial products (Mutual Funds, Bonds, Fixed Deposits, Structured Products, Stock broking, etc) within India, which carries all its revenue.
Valuation
Today, against the company's own history.Prudent Corporate Advisory Services PE ratio and valuation
Price to earnings
At or below today's level on 39% of 929 trading days since Jan 2023.
LowestHighest
Its median50.24Industry median21.73
Price to book
At or below today's level on 10% of 1,091 trading days since Jun 2022.
LowestHighest
Its median14.21Industry median2.45
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 86% of 1,083 trading days since May 2022.
LowestHighest
Its median0.10%Industry median1.06%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −6.8% | +13.5% | −18.0% | 0.2% |
| 3 years | +39.2% | +23.9% | +12.2% | 0.1% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
51 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 14 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 51 funds holding Prudent Corporate Advisory Services
- AddedAdded. Funds that held more shares than at the end of the month before.
- 10
- CutCut. Funds that held fewer shares than at the end of the month before.
- 4
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 37
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 10
| Fund | |||
|---|---|---|---|
 Kotak Mid Cap FundKotak Mahindra Mutual Fund | 19,08,328 | 0.90% | ₹597.2 Cr |
 DSP Small Cap FundDSP Mutual Fund | 11,75,307 | 1.71% | ₹367.8 Cr |
 Nippon India Growth Mid Cap FundNippon India Mutual Fund | 8,48,053 | 0.53% | ₹265.4 Cr |
| DSP Flexi Cap FundDSP Mutual Fund | 5,98,884 | 1.60% | ₹187.4 Cr |
 HDFC Multi Cap FundHDFC Mutual Fund | 4,59,998 | 0.74% | ₹143.9 Cr |
 HSBC Small Cap FundHSBC Mutual Fund | 4,49,520 | 0.76% | ₹140.7 Cr |
| DSP Aggressive Hybrid FundDSP Mutual Fund | 3,50,597 | 0.97% | ₹109.7 Cr |
 Canara Robeco Aggressive Hybrid FundCanara Robeco Mutual Fund | 3,22,438 | 0.93% | ₹100.9 Cr |
 ICICI Prudential Small Cap FundICICI Prudential Mutual Fund | 2,82,369 | 0.90% | ₹88.4 Cr |
| Kotak Aggressive Hybrid FundKotak Mahindra Mutual Fund | 2,25,000 | 0.78% | ₹70.4 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Prudent Corporate Advisory Services insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 1 pledge created · 1 pledge filing of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Prudent Corporate Advisory Services competitors and peers
Capital Markets, 73 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Prudent Corporate Advisory Services in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Aditya Birla Sun Life AMCABSLAMC | 24,449 | 24.77 | 6.30 | +5.6% | +1.7% | 26.5% | 26.6% | 3.02% |
 Computer Age Management ServicesCAMS | 17,314 | 34.98 | 13.11 | +7.7% | +5.1% | 40.6% | 46.2% | 1.84% |
 Kfin TechnologiesKFINTECH | 14,864 | 42.63 | 9.15 | +27.7% | +0.8% | 22.6% | 28.1% | 1.40% |
 National Securities DepositoryNSDL | 14,146 | 36.42 | 5.97 | – | – | 16.4% | 16.3% | 0.57% |
 IIFL Capital ServicesIIFLCAPS | 10,966 | 17.90 | 3.17 | +11.6% | +4.6% | 19.5% | 15.1% | 0.86% |
 UTI Asset Management CompanyUTIAMC | 10,599 | 22.06 | 2.40 | +8.3% | −18.3% | 10.9% | 18.4% | 4.85% |
 Indian Energy ExchangeIEX | 9,394 | 17.97 | 6.43 | +13.2% | +11.6% | 38.6% | 35.6% | 3.32% |
 CARE RatingsCARERATING | 4,880 | 27.47 | 5.23 | +17.6% | – | 20.4% | 20.1% | 1.36% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Prudent Corporate Advisory Services dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹3.50 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 17 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹3.50 |
| 18 Jul 2025 | Final | ₹2.50 |
| 13 Sep 2024 | Final | ₹2.00 |
| 18 Aug 2023 | Final | ₹1.50 |
| 15 Sep 2022 | Final | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Prudent Corporate Advisory Services announcements
Oct 2026
28 Oct · Results
24 Oct · Analysts
23 Oct · Board meeting
Prudent Corporate Advisory Services annual report, year to Mar 2026
Prudent Corporate Advisory Services share price by year
Each calendar year to 2025.Prudent Corporate Advisory Services share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,548.40 | −6.8% | 3,063.10 | 1,618.80 |
| 2024 | 2,733.15 | +127.2% | 3,520.50 | 1,151.40 |
| 2023 | 1,202.90 | +21.3% | 1,357.70 | 762.90 |
| 2022 | 991.45 | – | 1,009.95 | 475.50 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 20 May 2022.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 2,866.20 | 3,052.00 | 2,856.00 | 2,964.80 | 2,976.19 | 1,33,173 | 25.5% |
| 27 Oct 2026 | 2,768.50 | 2,914.00 | 2,768.40 | 2,881.40 | 2,862.60 | 18,828 | 53.4% |
| 26 Oct 2026 | 2,806.10 | 2,843.70 | 2,725.00 | 2,780.10 | 2,771.97 | 70,751 | 70.2% |
| 23 Oct 2026 | 2,851.60 | 2,872.80 | 2,751.00 | 2,797.80 | 2,782.44 | 42,491 | 55.9% |
| 22 Oct 2026 | 2,930.00 | 2,952.30 | 2,850.00 | 2,872.00 | 2,884.89 | 41,691 | 60.9% |
| 21 Oct 2026 | 3,039.60 | 3,048.20 | 2,906.30 | 2,930.00 | 2,985.55 | 1,69,823 | 79.4% |
| 19 Oct 2026 | 3,050.00 | 3,075.70 | 3,000.50 | 3,056.40 | 3,032.68 | 32,617 | 55.2% |
| 16 Oct 2026 | 3,131.10 | 3,131.10 | 3,031.70 | 3,052.00 | 3,075.63 | 41,922 | 73.5% |
| 15 Oct 2026 | 3,169.40 | 3,173.80 | 3,100.10 | 3,110.30 | 3,123.15 | 16,866 | 59.4% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- PRUDENT
- BSE code
- 543527
- ISIN
- INE00F201020
- Industry
- Capital Markets
- Website
- www.prudentcorporate.com
- CIN
- L91120GJ2003PLC042458
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2003
- Registered office
- Prudent House 3, Panjarapole Cross Road, Devang Park Society, Ambawadi, Ahmedabad 380015, Gujarat
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments