Prudent Corporate Advisory Services logs 14% rise in profit in Q4

Prudent Corporate Advisory Services, a leading wealth management and distributor of financial products, has reported that its net profit in the March quarter was up 14 per cent at ₹59 crore against ₹52 crore logged in the same period last year, largely due to steady flow from MF distribution business.

Revenue was up 27 per cent at ₹361 crore (₹283 crore) driven by 26 per cent increase in quarterly average AUM in the MF segment and 41 per cent growth in the insurance segment.

The company has announced a dividend of ₹3.50 per share.

Even as the Nifty 30 delivered negative returns of 5 per cent for the full year, Prudent’s equity-oriented AUM grew strongly by 16 per cent YoY to ₹1,15,479 crore. Record net sales of ₹13,911 crore, the highest-ever in the company’s history, combined with the acquisition of Indus Capital drove this outperformance.

The monthly Systematic Investment Plan book grew by 21 per cent y-o-y to ₹1,188 crore.

Strong revenue growth coupled with controlled costs pushed up operating profit by 35 per cent to ₹93 crore. This also resulted in a healthy margin expansion of 150 basis points YoY to 26 per cent during the quarter.

In FY26, the company registered 13 per cent rise in net profit at ₹222 crore (₹196 crore) while revenue increased 19 per cent to ₹1,317 crore (₹1,104 crore).

Sanjay Shah, Managing Director, Prudent Group, said the equity mutual fund net sales hit a new record of ₹13,911 crore last fiscal with 5,100 new partners added.

The health insurance vertical delivered highest-ever fresh premiums growth at 35 per cent reflecting the strength of franchise, he said.

“With the launch of Edge+, our AI-powered tool for MFDs, we are now equipping our partners to grow faster, serve better and scale more efficiently,” he added.