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

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.

Prime Securities Limited (PSL) has reported a robust performance for the first quarter, with significant growth in revenue and profitability. The company also announced the launch of a new wealth management vertical, marking its expansion into a promising business segment.

Financial Highlights

Prime Securities reported consolidated revenue of ₹46.91 crore for the quarter, representing a substantial 61% increase from ₹29.14 crore in the same quarter last year. This quarterly revenue accounts for approximately 52% of the company's full-year revenue from the previous fiscal year, indicating strong momentum.

The company's profit before tax (PBT) grew by 34% to ₹16.46 crore, up from ₹12.31 crore in the corresponding quarter of the previous year. Notably, this PBT figure was achieved after recognizing an additional expense of ₹5.53 crore related to the newly established Prime Trigen Wealth activities and recently established operations in the UK and UAE.

Profit after tax (PAT) increased by 25% to ₹10.48 crore, compared to ₹8.42 crore in the corresponding quarter of the previous year. The diluted earnings per share (EPS) for the quarter rose by 29% to ₹3.15, up from ₹2.44 in the same period last year.

Launch of Wealth Management Vertical

A significant development during the quarter was the launch of Prime Securities' new wealth management vertical through its wholly-owned subsidiary, Prime Trigen Wealth Limited ("TriGen"). This strategic move aims to diversify the company's revenue streams and tap into the growing wealth management market in India.

Key highlights of the new wealth management business include:

1. Leadership: The vertical is led by Mr. Sailesh Balachandran and Mr. Maneesh Kapoor as Joint CEOs.
2. Geographic Expansion: TriGen has established presence across seven strategic locations, including major metros and key Tier-II cities such as Mumbai, Delhi, Bangalore, Chennai, Salem, Hyderabad, and Kochi.
3. Team Growth: The wealth management team has grown to 65 members, comprising top-tier professionals with an average of 18 years of experience in the field.
4. Client Acquisition: Within the first 100 days of operation, TriGen has successfully onboarded over 125 High Net Worth Individual (HNI) and Ultra High Net Worth Individual (UHNI) families.
5. Technology Focus: TriGen Wealth has secured exclusive partnerships with global tech leaders, ETON Solutions, and an Indian firm for advanced AI-driven portfolio analytics, emphasizing technology as a core pillar for growth.

Other Business Highlights

• Cash Position: As of the end of the quarter, Prime Securities' cash, cash equivalents, and investments reached an all-time high of ₹247.66 crore, indicating a strong liquidity position.
• Revenue Diversification: The company continues to build a combination of annuity income flows and transactional (success-based) revenue streams, which could potentially lead to more stable and predictable earnings in the future.
• Business Outlook: While acknowledging that the advisory business doesn't lend itself to simple quarterly or annual comparisons, the management noted that both the number and size of deals have been steadily rising. They expressed optimism about the company's prospects over the next few years.

Management Commentary

N. Jayakumar, Managing Director and Group CEO of Prime Securities Limited, commented on the results from Lisbon, Portugal. While specific quotes were not provided, the press release indicates that the management is positive about the company's future prospects, particularly highlighting the growth in deal sizes and numbers.

Prime Securities' strong quarterly performance, coupled with its strategic expansion into wealth management, positions the company for potential growth in the coming quarters. Investors and market watchers will likely keep a close eye on how the new wealth management vertical contributes to the company's overall performance and whether the strong revenue growth can be sustained in the subsequent quarters.