Prime securities has announced that its Board of Directors will convene on January 20, 2026, to consider and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will also review the nine-month period results ended December 31, 2025.

Board Meeting Details

The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the scheduled board meeting in accordance with regulatory requirements. The announcement was made pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Restrictions

In compliance with insider trading regulations, Prime Securities has implemented a trading window closure for designated persons. The restriction period began on January 1, 2026, and will continue until 48 hours after the declaration of the unaudited financial results for the quarter ended December 31, 2025.

This measure aligns with the company's "Code of Conduct for Regulating, Monitoring and Reporting of trading by Insiders" adopted under SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window closure also complies with circulars issued by both NSE and BSE regarding insider trading prevention.

Corporate Communication

The official communication was signed by Ajay Shah, Company Secretary (ACS-14359), and sent to the Corporate Relationship Department of BSE Limited and Capital Markets - Listing division of National Stock Exchange of India Limited. The company maintains its registered office at Maker Chambers V, Nariman Point, Mumbai, and operates under CIN: L67120MH1982PLC026724.

Investors and stakeholders can expect the Q3FY26 financial results to be announced following the board meeting on January 20, 2026, after which normal trading window operations will resume for designated persons.

Prime Securities Limited (PSL) has announced its unaudited financial results for the quarter and half year ended September 30, 2025, showcasing significant growth in fee income and a substantial expansion of its workforce. The company's strategic focus on building annuity income flows alongside transactional revenue streams has yielded positive results in its investment banking and wealth management verticals.

Financial Highlights

PSL reported a robust 39% year-on-year increase in fee and commission income for the first half of FY26, reaching INR 6,896.00 lakhs compared to INR 4,946.00 lakhs in the same period last year. The company's total income also saw a notable rise, climbing to INR 7,814.00 lakhs from INR 5,897.00 lakhs in H1 FY25.

All figures in INR lakhs

Despite the significant growth in revenue, the company's profit after tax decreased to INR 2,425.00 lakhs from INR 2,930.00 lakhs in H1 FY25. This decline can be attributed to the substantial increase in employee expenses and overall operational costs associated with the company's expansion strategy.

Workforce Expansion and Strategic Growth

A key highlight of PSL's half-yearly report is the dramatic expansion of its workforce. The company has significantly increased its headcount from approximately 35 employees in September 2024 to 120 employees by September 2025. This strategic expansion has led to a 60% increase in employee expenses, which rose to INR 2,678.00 lakhs compared to INR 1,674.00 lakhs in the previous year.

Prime Trigen Wealth Performance

Prime Trigen Wealth, the company's wealth management arm, has shown impressive growth in its first six months of operations:

• Onboarded over 400 clients and 300 families
• Operating from 8 locations
• Employs over 80 professionals

This rapid expansion of Prime Trigen Wealth underscores PSL's commitment to diversifying its revenue streams and building a robust wealth management franchise.

Management Commentary

N. Jayakumar, Managing Director and Group CEO of Prime Securities Limited, commented on the results: "While investors should note that the advisory business does not lend itself to quarterly or annual comparisons, much less extrapolation, it is equally important to highlight that both the number and size of deals have been steadily rising. The management remains optimistic on the prospects of the Company over the next few years."

Strategic Outlook

Prime Securities is focusing on creating annuity revenue flows through franchise businesses like Prime Trigen Wealth. This strategy aims to smooth out the episodic nature of the investment banking business, providing more stable and predictable revenue streams.

The company's growth strategy, marked by significant investments in human capital and new business lines, positions it for potential long-term growth in the financial advisory and wealth management sectors. However, investors should note that these investments have impacted short-term profitability, as reflected in the current financial results.

As Prime Securities continues to expand its operations and client base, the coming quarters will be crucial in determining the success of its growth strategy and its ability to translate increased revenue into improved bottom-line performance.