Prime Securities Reports 39% Growth in Fee Income, Expands Workforce Amid Strategic Growth

2 min read     Updated on 16 Oct 2025, 07:09 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Prime Securities Limited (PSL) announced unaudited financial results for H1 FY26, ending September 30, 2025. Fee and commission income increased by 39% year-on-year to INR 6,896.00 lakhs. Total income rose to INR 7,814.00 lakhs, up 32%. Despite revenue growth, profit after tax decreased to INR 2,425.00 lakhs due to increased expenses. The company significantly expanded its workforce from 35 to 120 employees. Prime Trigen Wealth, PSL's wealth management arm, onboarded over 400 clients and 300 families, operating from 8 locations with 80 professionals. Management remains optimistic about future prospects, focusing on building annuity income flows alongside transactional revenues.

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*this image is generated using AI for illustrative purposes only.

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.

Financial Metric H1 FY26 H1 FY25 % Change
Fee and Commission Income 6,896.00 4,946.00 +39%
Total Income 7,814.00 5,897.00 +32%
Employee Expenses 2,678.00 1,674.00 +60%
Total Expenses 5,637.00 2,876.00 +96%
Profit After Tax 2,425.00 2,930.00 -17%

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.

Historical Stock Returns for Prime Securities

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Prime Securities Limited Reports Q1 FY26 Results with Consolidated Net Profit of Rs. 1,210 Lakhs

1 min read     Updated on 24 Jul 2025, 03:58 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Prime Securities Limited announced robust financial results for Q1 FY26. On a consolidated basis, the company achieved a total income of Rs. 4,691.00 lakhs and a net profit of Rs. 1,210.00 lakhs. Standalone performance showed a total income of Rs. 1,602.00 lakhs and a net profit of Rs. 112.00 lakhs. The consolidated basic earnings per share stood at Rs. 3.23. The company's equity share capital remained stable at Rs. 1,681.00 lakhs. Results were signed by N. Jayakumar, Managing Director & Group CEO, from Lisbon, Portugal.

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*this image is generated using AI for illustrative purposes only.

Prime Securities Limited has announced its unaudited financial results for the first quarter of the fiscal year 2026, ending June 30, 2025. The company reported a strong performance on both consolidated and standalone bases.

Consolidated Performance

On a consolidated basis, Prime Securities achieved a total income from operations of Rs. 4,691.00 lakhs for Q1 FY26. The company's net profit after tax stood at Rs. 1,210.00 lakhs, demonstrating robust financial health.

Standalone Performance

The standalone results also showed positive figures, with Prime Securities reporting a total income of Rs. 1,602.00 lakhs. The net profit after tax on a standalone basis was Rs. 112.00 lakhs.

Key Financial Highlights

Metric Amount (Rs. in lakhs)
Consolidated total income 4,691.00
Consolidated net profit 1,210.00
Standalone total income 1,602.00
Standalone net profit 112.00

The basic earnings per share (consolidated) for the quarter stood at Rs. 3.23.

Financial Position

The company's equity share capital remained steady at Rs. 1,681.00 lakhs, indicating a stable capital structure.

Management Commentary

N. Jayakumar, Managing Director & Group CEO of Prime Securities, signed off on the results from Lisbon, Portugal on July 22, 2025. This global presence underscores the company's international outlook and operations.

Regulatory Compliance

In line with regulatory requirements, Prime Securities has published advertisements regarding the Unaudited Standalone and Consolidated Financial Results in newspapers. The company has also made these results available on its website, www.primesec.com , ensuring transparency and easy access for stakeholders.

Prime Securities continues to demonstrate financial resilience and growth, as reflected in its Q1 FY26 results. Investors and stakeholders can access the detailed financial results on the company's website and the stock exchange websites for a comprehensive understanding of Prime Securities' performance.

Historical Stock Returns for Prime Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+0.12%-5.43%+14.19%+16.61%-9.72%+526.72%
Prime Securities
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