Kirloskar Ferrous Industries Reports Strong FY26 Audited Fin...
Source: scanx.trade
The Board of Directors of Prudent Corporate Advisory Services Limited, at its meeting held on May 07, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The statutory auditors, M/s. Deloitte Haskins & Sells, issued audit reports with unmodified opinions on both the standalone and consolidated financial results.
Consolidated Financial Performance
On a consolidated basis, the company delivered a robust performance for FY26. Total revenue from operations grew to ₹1,31,732.97 lakhs from ₹1,10,356.07 lakhs in FY25, driven primarily by commission and fees income of ₹1,30,647.27 lakhs. Total income, including other income, stood at ₹1,34,060.06 lakhs against ₹1,13,348.33 lakhs in the prior year.
The following table summarises the key consolidated financial metrics:
Metric: Q4 FY26 Q3 FY26 Q4 FY25 FY26 FY25 Total Revenue from Operations (₹ lakhs): 36,059.34 34,318.63 28,302.88 1,31,732.97 1,10,356.07 Total Income (₹ lakhs): 35,591.10 35,269.90 29,152.22 1,34,060.06 1,13,348.33 Total Expenses (₹ lakhs): 27,709.07 27,510.72 22,243.76 1,04,266.78 87,139.65 Profit Before Tax (₹ lakhs): 7,882.03 7,759.18 6,908.46 29,793.28 26,208.68 Profit After Tax (₹ lakhs): 5,911.14 5,762.57 5,173.71 22,205.25 19,564.52 Basic EPS (₹): 14.28 13.92 12.49 53.63 47.25 Diluted EPS (₹): 14.28 13.92 12.49 53.63 47.25
Total comprehensive income for the consolidated entity for FY26 stood at ₹22,210.57 lakhs, compared to ₹19,461.40 lakhs in FY25. Paid-up equity share capital remained unchanged at ₹2,070.33 lakhs, while other equity increased to ₹86,202.11 lakhs from ₹64,698.36 lakhs.
Standalone Financial Performance
On a standalone basis, Prudent Corporate Advisory Services reported total income of ₹1,28,445.02 lakhs for FY26, compared to ₹99,486.14 lakhs in FY25. Profit before tax rose to ₹29,050.07 lakhs from ₹21,018.13 lakhs, while profit after tax increased to ₹21,660.34 lakhs from ₹15,658.49 lakhs.
Metric: Q4 FY26 Q3 FY26 Q4 FY25 FY26 FY25 Total Income (₹ lakhs): 34,853.18 33,941.25 24,827.60 1,28,445.02 99,486.14 Profit Before Tax (₹ lakhs): 8,226.25 7,396.22 4,892.18 29,050.07 21,018.13 Profit After Tax (₹ lakhs): 6,143.99 5,505.97 3,626.66 21,660.34 15,658.49 Basic EPS (₹): 14.84 13.30 8.76 52.31 37.82 Diluted EPS (₹): 14.84 13.30 8.76 52.31 37.82
Standalone other equity stood at ₹71,374.43 lakhs as at March 31, 2026, compared to ₹50,424.82 lakhs as at March 31, 2025. Total standalone assets grew to ₹1,06,150.19 lakhs from ₹77,236.42 lakhs.
Dividend Recommendation
The Board of Directors recommended a final dividend of ₹3.50 (Three Rupees and Fifty Paisa only) per equity share of face value ₹5 each for the financial year ended March 31, 2026, on 4,14,06,680 equity shares, amounting to ₹1,449.23 lakhs. The dividend is subject to the approval of shareholders at the ensuing Annual General Meeting. The record date, AGM date, and dividend payment date will be communicated separately.
Acquisition of Indus Capital's Mutual Fund Distribution Business
During the quarter ended December 31, 2025, the company completed the acquisition of the mutual fund distribution business of Indus Capital as a going concern on a slump sale basis, effective October 1, 2025, for an aggregate consideration of ₹12,375 lakhs. Key details of the transaction are as follows:
Parameter: Details Aggregate Consideration: ₹12,375 lakhs Initial Consideration Paid: ₹8,725 lakhs Balance Consideration: ₹3,650 lakhs (payable after 3 years, subject to conditions) Commission Income (Q4 FY26): ₹539.00 lakhs Commission Income (FY26): ₹1,110.98 lakhs
Additionally, effective October 1, 2025, the company revised the estimated useful life of its acquired customer folios. Had the previous useful life estimate been retained, the amortisation charge for the quarter and year ended March 31, 2026 would have been higher by ₹167.87 lakhs and ₹339.48 lakhs respectively.
Corporate Governance Updates
The Board approved several governance-related decisions at its meeting:
Re-appointment of Internal Auditor: M/s. PramodKumar Dad & Associates (Registration No. 115869W), Ahmedabad, was re-appointed as Internal Auditor for FY 2026-27. The firm, founded in 1992, specialises in audits, due diligence, taxation, direct tax advisory, and international tax advisory.
Appointment of Non-Executive, Non-Independent Director: Mr. Chirag Ashwinkumar Shah (DIN: 01480310) was appointed as a Non-Executive, Non-Independent Director with effect from July 22, 2026, subject to member approval. Mr. Chirag Shah holds a bachelor's degree in arts from South Gujarat University, is a Fellow member (FCA) of the Institute of Chartered Accountants of India, and a Fellow member of the Insurance Institute of India. He has been associated with the Prudent Group since 2004 and serves on the board of Gennext Insurance Broking Pvt. Ltd., a subsidiary of the company. He has previously been associated with National Securities Depository Limited and has experience across the insurance and compliance sectors.
The Board meeting commenced at 04:30 PM and concluded at 06:25 PM on May 07, 2026.
Prudent Corporate Advisory Services Limited has announced a Q4FY26 results conference call scheduled for May 8, 2026 at 11:00 AM IST, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The conference call, organised by Avendus Spark, is intended for investors and analysts and follows the board meeting scheduled for May 7, 2026, where the company will review and approve its audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026.
Conference Call Details
The conference call will feature senior leadership from Prudent Corporate Advisory Services Limited, providing detailed insights into the company's financial performance for Q4 and FY26. The management team participating in the call includes:
Executive Designation Sanjay Shah Chairman and Managing Director Shirish Patel Chief Executive Officer and Whole Time Director Chirag Shah Non-Executive Director Chirag Kothari Chief Financial Officer Parth Parekh Head, Investor Relations
Event Details Information Date Friday, May 8, 2026 Time 11:00 AM (IST) Event Type Post Results Conference Call Organiser Avendus Spark Participants Investors and Analysts
Dial-In Information
Participants can join the conference call through the following dial-in numbers:
Region Dial-In Number Universal Dial In +91 22 6280 1230 / +91 22 7115 8131 UK +08081011573 USA +18667462133 Singapore +8001012045 Hong Kong +800964448
An express join option with DiamondPass™ is available for no wait time access to the conference call. For further information, participants may contact Sanketh Godha, Director - Equity Research at Spark Institutional Equities Private Limited.
Board Meeting Agenda
The preceding board meeting on May 7, 2026 will address two primary items of business:
Agenda Item Details Financial Results Audited Standalone and Consolidated Financial Results for Q4 and FY ended March 31, 2026 Dividend Recommendation Final dividend consideration for Financial Year ended March 31, 2026
Trading Window Restrictions
In accordance with the company's Code of Conduct for Prevention of Insider Trading, Prudent Corporate Advisory Services has implemented a trading window closure for its equity shares. The trading window closure period commenced on April 1, 2026, and will remain in effect until 48 hours after the results are declared and made public following the board meeting conclusion.
Corporate Information
The notification was digitally signed by Kunal Amrishbhai Chauhan, Company Secretary with membership number FCS-13492, on May 4, 2026. The company operates under CIN L91120GJ2003PLC042458 and maintains dual office locations in Ahmedabad and Mumbai.
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Source: scanx.trade