Prudent Corporate Advisory Services Reports 17.8% Revenue Growth, AUM Surges 23.4% YoY
Prudent Corporate Advisory Services posted robust financial results with consolidated revenue up 17.8% YoY and profit after tax increasing 17.1% to ₹51.80 crore. Assets Under Management (AUM) grew 23.4% YoY to ₹1,10,194.00 crore daily average, with equity AUM expanding 22% to ₹1,13,950.00 crore. The company's SIP book crossed the ₹1,000.00 crore milestone. Prudent expanded its insurance business as a corporate agent and added 7 new branches, bringing the total to 139-140. The company maintains a 90 basis point yield guidance and has a strong treasury reserve exceeding ₹500.00 crore for potential acquisitions.

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Prudent Corporate Advisory Services Limited, a leading financial services company, has reported robust growth in its financial results, demonstrating strong performance across key metrics.
Financial Highlights
- Consolidated revenue grew by 17.8% year-on-year
- Consolidated profit after tax increased by 17.1% YoY to ₹51.80 crore
- Assets Under Management (AUM) rose by 23.4% YoY to ₹1,10,194.00 crore (daily average)
- Equity AUM expanded by 22% YoY to ₹1,13,950.00 crore
AUM Growth and Distribution
The company's AUM witnessed significant growth, with the daily average AUM reaching ₹1,10,194.00 crore. This represents a strong 8.3% sequential increase and a 23.4% year-on-year growth. Prudent entered the next quarter with an opening AUM of ₹1,17,897.00 crore, indicating a solid 7% jump over the previous quarter's average.
Equity AUM saw a substantial increase of 22% YoY, driven by net equity sales of ₹12,635.00 crore and mark-to-market gains of ₹8,166.00 crore. The company's performance in equity AUM growth outpaced major market indices, with NIFTY 500 and NIFTY 50 posting gains of 4.7% and 6.3% respectively during the same period.
SIP Book Milestone
Prudent's Systematic Investment Plan (SIP) book reached a significant milestone, crossing the ₹1,000.00 crore mark. The monthly SIP book stood at ₹996.00 crore at the end of the quarter, with actual money realized from investors' bank accounts at ₹948.00 crore.
Insurance Business Expansion
As part of its strategic initiatives, Prudent has become a corporate agent for insurance distribution. This move has enabled the company to integrate insurance offerings into its FundzBazar platform, enhancing its value proposition. The insurance income contributed ₹11.00 crore to the standalone entity's revenue.
Geographical Expansion and Distributor Network
Prudent continues to expand its geographical reach, having opened 7 new branches, bringing the total branch count to 139-140. The company also recruited over 900 new distributors, strengthening its distribution network.
Management Commentary
Sanjay Shah, Chairman and Managing Director, commented on the results: "We are pleased with our performance, which demonstrates the strength of our business model and the growing demand for our services. Our focus on expanding our product offerings and geographical presence is yielding positive results."
Shirish Patel, CEO and Whole-Time Director, added: "The growth in our AUM and SIP book reflects the trust our clients place in us. We are particularly encouraged by the early momentum in our insurance distribution business and the continued expansion of our distributor network."
Outlook
Prudent Corporate Advisory Services maintains its yield guidance of 90 basis points, despite repricing by some asset management companies. The company expects employee costs to increase by about 20% annually due to salary hikes and expansion plans.
With a strong treasury reserve exceeding ₹500.00 crore, Prudent is well-positioned to pursue potential acquisitions and further strengthen its market position in the financial services sector.
As Prudent Corporate Advisory Services continues to expand its reach and diversify its offerings, it remains focused on delivering value to its clients and shareholders in the evolving financial services landscape.