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undefined's P/E ratio is 47.39 times as of Invalid Date.

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As of the Mar 2024 quarter, the promoter shareholding in undefined stands at 58.4318%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 3.7674% to 12.1047%.

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Prudent Corporate Advisory Services Ltd

Prudent Corporate Advisory Services Ltd

Q: What is the PB ratio of undefined?

undefined's most recent financial reports indicate a price-to-book ratio of 13.66, showing the company's stock market valuation in relation to the value of its real assets.

Q: What is the Market Cap of undefined?

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Q: What is the ROE of undefined?

The current financial records of undefined show a 28.8252% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

Q: What is the 52-week high and Low of undefined?

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NSE

BSE

Finance

Mid Cap

₹1,536.25

-12.50 (-0.81 %) down

As on 10 May, 2024 16:00

Graph not available

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50 Years

of Trust & Legacy

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on Delivery, Intraday, Currency and NSE F&O

Prudent Corporate Advisory Services Ltd Performance

Today's Low

1,525.00

Today's High

1,562.90

52 Wk Low

847.15

52 Wk High

1,767.70

Open

1533.05

Traded Value (Cr)

1.34 Cr

Prev. Close

1548.75

VWAP

1561.1

Volume

22,641

Face Value

Prudent Corporate Advisory Services Ltd Fundamentals

Market Cap

₹ 6,574 Cr

P/E Ratio (TTM)

47.39

P/B Ratio

13.66

Debt to Equity

0.04

ROE

28.83 %

EPS (TTM)

33.51

Dividend Yield

0.13%

Book Value

116.25

Click here to know more about Fundamentals

Fundamentals in the stock market refer to the underlying financial and qualitative factors that determine the value and performance of a company's stock.

Prudent Corporate Advisory Services Ltd Financials

Prudent Corporate Advisory Services Ltd Shareholding Pattern

Held By	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Promoters	58.43 %	58.43 %	58.43 %	58.43 %
Mutual Funds	15.48 %	15.50 %	15.42 %	9.16 %
FII	12.10 %	3.77 %	3.81 %	1.42 %
Others	10.89 %	18.95 %	18.94 %	27.73 %
Retail	3.09 %	3.35 %	3.40 %	3.26 %

Promoters

58.43%

Mutual Funds

15.48%

FII

12.10%

Others

10.89%

Retail

3.09%

Promoters

58.43%

Mutual Funds

15.50%

FII

3.77%

Others

18.95%

Retail

3.35%

Promoters

58.43%

Mutual Funds

15.42%

FII

3.81%

Others

18.94%

Retail

3.40%

Promoters

58.43%

Mutual Funds

9.16%

FII

1.42%

Others

27.73%

Retail

3.26%

Resistance and Support

₹1,604.77

PIVOT

Resistance
First Resistance	₹1,633.533
Second Resistance	₹1,678.767
Third Resistance	₹1,707.533

Support
First Resistance	₹1,559.533
Second Resistance	₹1,530.767
Third Resistance	₹1,485.533

RSI	72.212
MACD	122.279
ADX	54.656
CCI	48.509

Delivery and Volume

Period	Delivery Volume	Traded Volume	Delivery Volume %
Day	22,641	12,394	54.74
Week	83,711	47,356	53.51
1 Month	52,845	31,914	57.23
6 Months	18,473	9,198	49.79

Period

Day

Week

1 Month

6 Months

Delivery Volume

22,641

83,711

52,845

18,473

Traded Volume

12,394

47,356

31,914

9,198

Delivery Volume %

54.74

53.51

57.23

49.79

About Prudent Corporate Advisory Services Ltd

Prudent Corporate Advisory Services Ltd. was incorporated on June 4, 2003, as Prudent Corporate Advisory Services Limited', as a Public Limited Company under the Companies Act, 1956, pursuant to a Certificate of Incorporation issued by the RoC. The Company commenced its operations pursuant to a Certificate for Commencement of Business dated June 20, 2003, issued by the RoC. The Company is an independent retail wealth management services group in India and is amongst the top mutual fund distributors in terms of average assets under management (AAUM) and commission received. It offer a technology enabled, comprehensive investment and financial services platform with end-to-end solutions critical for financial products distribution and presence across both online and offline channels. The Company has provided wealth management services to 13,51,274 unique retail investors through 23,262 MFDs on business-to-business-to-consumer (B2B2C) platform and is presently spread across branches in 110 locations in 20 states in India. Owing to a large network of MFDs, it facilitate AMCs access to smaller cities, especially in the B-30 markets. Apart from this, it distributes life and general insurance products in India through its wholly owned subsidiary, Gennext. In 2000, the Company started offering financial services in the name 'Prudent Fund Manager'. In 2003, the Company obtained ARN to provide Mutual Fund Distribution Services to clients. In 2006, the Company launched Partner Network. In 2010, the Company launched Property Advisory /Distribution services. In 2016, the Company obtained SEBI RIA licence to provide Investment Advisory services. It obtained the PFRDA Point of Presence license for NPS Distribution. In 2017, the Company launched NPS on Fundzbazar. During the year 2017, the Company received RERA Real Estate Agent License in Gujarat and Maharashtra and also launched Online paperless empanellment for Mutual Fund Distributors. In 2018, the Company further launched Fundzbot on Fundzbazar and launched Prudent Private Wealth and fixed income investment options (bond investing) on Fundzbazar in 2019. In 2020, the Company obtained registration from SEBI to act as a stock broker under the SEBI Stock Brokers Regulations. It started offering unlisted equity, bonds, structured products, distribution of PMS/ AIFs products and private wealth management services. In 2021, the Company launched stock broking on Fundzbazar. Besides this, it obtained RERA Real Estate Agent License in Karnataka. The Company received awards, accreditation and recognition during the year as summarized below: In 2009, the Company was awarded for the Best Performing Regional Financial Advisor -(West) by UTI Mutual Fund and CNBC-TV 18 at the Financial Advisor Awards 2008-09. In 2010, the Company received award for the Best Performing Regional Financial Advisor(West)by UTI Mutual Fund and CNBC-TV 18 at the Financial Advisor Awards 2010. In 2012, the Company bagged award for the Best Performing Regional Financial Advisor(West)by UTI Mutual Fund and CNBC-TV 18 at the Financial Advisor Awards 2012. In 2013, the Company was awarded for Best Performing Regional Financial Advisor -(West) by UTI Mutual Fund and CNBC-TV 18 at the Financial Advisor Awards 2012-13. In 2014, the Company was awarded for Best Performing Regional Financial Advisor -(West) by UTI Mutual Fund and CNBC-TV 18 at the Financial Advisor Awards 2013-14. And in the year 2020, the Company received You & I Excellence Award 2020 for Highest Overall AUM National Distributor by Kotak Mutual Fund.

Managing Director

Founded

2003

NSE Symbol

PRUDENT

Prudent Corporate Advisory Services Ltd Management

Name	Designation
Sanjay D Shah	Chairman / Executive Director
Shirish Patel	Executive Director / Whole Tim
Chirag Shah	E D & Wholetime Director
Dhiraj Poddar	Non Executive Director / Nomin
Deepak Sood	Independent Non Exe. Director
Shilpi Thapar	Independent Non Exe. Director
Karan Kailash Datta	Independent Non Exe. Director
Aniket Talati	Independent Non Exe. Director
Dhavalkumar Ghetia	Company Sec. & Compli. Officer

Prudent Corporate Advisory Services Ltd News

Prudent Corporate Advisory Q4 PAT rises 8% YoY to Rs 45 cr

The financial products distributor's consolidated net profit rose 8.1% to Rs 44.57 crore on 35.45% jump in revenue from operations to Rs 239.7 crore in Q4 FY24 over Q4 FY23.

Profit before tax for the quarter was at Rs 59.78 crore, up 8.12% from Rs 55.29 crore reported in Q4 FY23.

Operating profit grew by 3.9% year on year to Rs 60.8 crore during the quarter. Operating margin reduced to 25.4% in Q4 FY24 as compared to 33.1% recorded in the corresponding quarter previous year.

For FY24, the company’s consolidated net profit stood at Rs 138.75 crore, up 18.91% on the back of strong operational growth & higher other income.

Revenue from operations jumped 31.69% YoY to Rs 805.09 crore in FY24, mainly due to 32% growth in yearly average AUM in the mutual fund vertical coupled with a 50% growth in revenues from non-mutual fund products.

Growth in AUM was largely led by marked to market (M2M) gains as markets witnessed a strong broad based rally during fiscal 2024. Closing AUM as of 31 March 2024 grew by 48% YoY to Rs 83,384 crore.

Systematic investment plan (SIP) book climbed 40% YoY in the month of March & stood at Rs 726 crore. The company’s market share of SIP flow in the industry stood at 3.8% for March 2024.

The firm said that its cash flow from operations (CFO) during FY24 stood at Rs 150 crore & CFO/PAT ratio stood at a 108%. Strong cash flow from operations will give firepower for inorganic acquisitions going forward. Return on equity stood at 28.8% for FY24.

Sanjay Shah, managing director of Prudent Group, stated, “Gross Household Financial Savings is expected to double to Rs 62 trillion in the next six years. Within gross household financial savings, share of savings in the form of currency & deposits have gone down from 64% a decade back to now 45%. This share is getting captured by government savings scheme & investments in the form of mutual funds & direct equity. The ability of mutual funds to deliver inflation beating returns is getting well understood by retail. Prudent is making most of this opportunity. Industry’s Systematic Investment Plan (SIP) book has grown by almost Rs 50 billion in FY24, of which Prudent’s contribution is 2 billion leading to a 4% market share in the incremental SIP additions.

By March-2026, as we aim to achieve an AUM of Rs 1 lakh crore, we foresee our monthly SIP inflow crossing the mark of Rs 1000 crore. With a robust performance track record and a promising economic backdrop, we are poised to continue our successful growth trajectory.”

Shirish Patel, chief executive officer (CEO) of Prudent Group, said, “As we reflect on the year, we added Rs 277 billion of Equity AUM. Of this, Rs 215 billion was contributed by marked to market movement. Our entire AUM as on 30 May 2020 was around 210 billion & the M2M of this year alone is equivalent to the entire AUM four years back. Net sales during the year was Rs 62 billion which is 25% higher compared to FY23 levels. Fiscal 2025 looks very promising as we are starting the year at a mutual fund AUM of Rs 834 billion which is 19% higher compared to the yearly average AUM of Rs 699 billion in FY24 on which we earned our revenues.”

Meanwhile, the company’s board has recommended a final dividend of Rs 2 per equity share for the financial year ended 31 March 2024.

Prudent Corporate Advisory Services is a retail wealth management services group based in India. The company is among the top mutual fund distributors regarding assets under management (AUM) and commission received. The company offers a technology enabled, comprehensive investment and financial services platform with end-to-end solutions critical for financial products distribution and presence across both online and offline channels.

The scrip rose 0.70% to currently trade at Rs 1,633.10 on the BSE.

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Prudent Corporate Advisory Services to hold EGM

On 14 June 2024

Board of Prudent Corporate Advisory Services recommends final dividend

Of Rs 2 per share

Prudent Corporate Advisory Services consolidated net profit rises 8.10% in the March 2024 quarter

Sales rise 35.45% to Rs 239.70 crore

Prudent Corporate Advisory Services schedules board meeting

On 6 May 2024

Prudent Corporate Advisory Services appoints company secretary

With effect from 25 January 2024

Prudent Corporate Advisory Services consolidated net profit rises 25.31% in the December 2023 quarter

Sales rise 32.57% to Rs 209.93 crore

Prudent Corporate Advisory Services to declare Quarterly Result

On 25 January 2024

Prudent Corporate Advisory jumps After Q2 PAT rises 10% YoY to Rs 30 cr

Prudent Corporate Advisory Services added 3.65% to Rs 1,324.10 after the company's consolidated net profit jumped 10.26% to Rs 30.42 crore on 29.76% rise in total revenue from operations to Rs 190.03 crore in Q2 FY24 over Q2 FY23.

Total income was at Rs 194.08 crore in Q2 FY24, registering a growth of 30.43% year on year.

Profit before tax for the quarter was at Rs 40.58 crore, up 9.71% from Rs 36.99 crore reported in Q2 FY24.

EBITDA rose 7.4% to Rs 43.2 crore in Q2 FY24 as against Rs 40.2 crore recorded in Q2 FY23. EBITDA margin reduced to 22.7% in Q2 FY24 as as against 27.2% in Q2 FY23.

Quarterly average assets under management (QAAUM) stood at Rs 66,584 crore in Q2 FY24, recording a growth of 29% as compared with Rs 51,630 crore posted in Q2 FY23.

On half-year basis, the company's net profit jumped 24.51% to Rs 58.48 crore in H1 FY24 as compared with Rs 46.97 crore in H1 FY23 led by a strong operational growth & higher other income. There was an on-off income pertaining to reversal of impairment of Rs 2 crores in H1 FY23. If, it exclude this one-off, profits in H1 FY24 have grown by 30%.

revenue from operations jumped 28.79% YoY to Rs 355.46 crore in H1 FY24 over H1 FY23, led by 27% growth in quarterly average assets under management (AUM) in the mutual fund vertical.

Growth in AUM was led by marked to market (M2M) gains as markets witnessed a strong broad based rally from April 2023 onwards. As on 30 September 2023, the company's closing AUM stood at Rs 69,127 crore.

The company ended September 2023 with a monthly SIP flow of Rs 595 crore. Its market share of SIP flow in the industry stood at 3.7%.

Sanjay Shah, managing director of Prudent Group stated “We are uniquely placed in the wealth management space as we focus on the retail segment of India which is largely underserved. There are just 4 crore unique mutual fund investors in the country & this number is set to grow by leaps & bounds in this phase of Amrit kaal wherein per capita income is set to grow 10x in next twenty-five years. Over the years, it is well established that mutual funds as an asset class have delivered inflation beating returns & this product will eat into the share of bank deposits slowly but surely.

By March-2026, as we aim to achieve an AUM of Rs 1 trillion, we foresee our monthly SIP inflow crossing the mark of Rs 1000 crore. With a robust performance track record and a promising economic backdrop, we are poised to continue our successful growth trajectory.”

Powered by Capital Market - Live News

Prudent Corporate Advisory Services consolidated net profit rises 10.22% in the September 2023 quarter

Sales rise 28.76% to Rs 190.04 crore

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Prudent Corporate Advisory Services Ltd FAQ

How do I buy Prudent Corporate Advisory Services Ltd shares?

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Prudent Corporate Advisory Services Ltd shares in BlinkX

What is the share price of Prudent Corporate Advisory Services Ltd?

The share price of any stock is volatile and changes during the day due to a variety of variables. Prudent Corporate Advisory Services Ltd's share price is ₹1,536.25 as of May 10, 2024

What is the PE ratio of Prudent Corporate Advisory Services Ltd?

Prudent Corporate Advisory Services Ltd's P/E ratio is 47.39 times as of May 10, 2024.

What is the PB ratio of Prudent Corporate Advisory Services Ltd?

Prudent Corporate Advisory Services Ltd's most recent financial reports indicate a price-to-book ratio of 13.66, showing the company's stock market valuation in relation to the value of its real assets.

What is the market cap of Prudent Corporate Advisory Services Ltd?

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Prudent Corporate Advisory Services Ltd's market is 6,575 Cr as on May 10, 2024.

What is the ROE of Prudent Corporate Advisory Services Ltd?

The current financial records of Prudent Corporate Advisory Services Ltd show a 28.83% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

What is the 52-week high and low of Prudent Corporate Advisory Services Ltd?

The 52-week high/low price of a Prudent Corporate Advisory Services Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Prudent Corporate Advisory Services Ltd's 52-week high and low as of May 10, 2024 are ₹1562.9 and ₹1525 respectively.

What is the promoter shareholding in Prudent Corporate Advisory Services Ltd?

As of the Mar 2024 quarter, the promoter shareholding in Prudent Corporate Advisory Services Ltd stands at 58.43%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 3.77% to 12.10%.

Particulars	Quarter Ended			Year Ended
	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	239.70	176.97	35	805.09	611.33	32
OPM %	25.37	33.06	-	23.99	28.69	-
PBDT	66.21	61.42	8	210.66	180.85	16
PBT	59.78	55.29	8	185.84	156.82	19
NP	44.57	41.23	8	138.75	116.69	19

Particulars	Quarter Ended
	Dec. 2023	Dec. 2022	% Var.
Sales	209.93	158.35	33
OPM %	23.82	26.85	-
PBDT	54.16	44.60	21
PBT	47.86	38.43	25
NP	35.70	28.49	25

Particulars	Quarter Ended
	Sep. 2023	Sep. 2022	% Var.
Sales	190.04	147.59	29
OPM %	22.71	28.61	-
PBDT	46.72	42.98	9
PBT	40.59	36.99	10
NP	30.42	27.60	10

Prudent Corporate Advisory Services Ltd

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Prudent Corporate Advisory Services Ltd Performance

Prudent Corporate Advisory Services Ltd Fundamentals

Prudent Corporate Advisory Services Ltd Financials

Prudent Corporate Advisory Services Ltd Shareholding Pattern

Resistance and Support

Delivery and Volume

About Prudent Corporate Advisory Services Ltd

Prudent Corporate Advisory Services Ltd Management

Prudent Corporate Advisory Services Ltd News

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Prudent Corporate Advisory Services Ltd FAQ

How do I buy Prudent Corporate Advisory Services Ltd shares?

What is the share price of Prudent Corporate Advisory Services Ltd?

What is the PE ratio of Prudent Corporate Advisory Services Ltd?

What is the PB ratio of Prudent Corporate Advisory Services Ltd?

What is the market cap of Prudent Corporate Advisory Services Ltd?

What is the ROE of Prudent Corporate Advisory Services Ltd?

What is the 52-week high and low of Prudent Corporate Advisory Services Ltd?

What is the promoter shareholding in Prudent Corporate Advisory Services Ltd?