Prudent Corporate Advisory Services Ltd
PRUDENTPrudent Corporate Advisory Services Ltd
PRUDENTPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
67.85 | 24.81 | 0.07% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
17.14 | 2.38 | 1.01% |
Forecast & Ratings
Detailed Forecast from 3 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Prudent Corporate Advisory Services distributes mutual fund and other wealth products.
Investor Presentation
View olderÂPeers
Compare with peersÂBajaj Holdings and Investment Ltd
HDFC Asset Management Company Ltd
Nippon Life India Asset Management Ltd
Tata Investment Corporation Ltd
Aditya Birla Sun Life AMC Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ cr.
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Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 225.06 | 236.22 | 294.89 | 458.56 | 618.87 | 824.70 | 1,010.67 | |||||||
Raw Materials | — | — | — | — | — | — | 748.77 | |||||||
Power & Fuel Cost | — | — | — | — | — | — | ||||||||
Employee Cost | 43.16 | 48.92 | 55.51 | 69.27 | 83.29 | 92.85 | ||||||||
Selling & Administrative Expenses | 137.64 | 133.79 | 164.80 | 264.15 | 352.07 | 515.05 | ||||||||
Operating & Other expenses | 7.99 | 8.14 | 5.94 | 4.65 | 2.67 | 6.13 | ||||||||
EBITDA | 36.27 | 45.37 | 68.64 | 120.49 | 180.84 | 210.67 | 261.90 | |||||||
Depreciation/Amortization | 7.62 | 7.95 | 8.12 | 13.39 | 24.03 | 24.82 | 25.74 | |||||||
PBIT | 28.65 | 37.42 | 60.52 | 107.10 | 156.81 | 185.85 | 236.16 | |||||||
Interest & Other Items | — | — | — | — | — | — | — | |||||||
PBT | 28.65 | 37.42 | 60.52 | 107.10 | 156.81 | 185.85 | 236.16 | |||||||
Taxes & Other Items | 7.64 | 9.58 | 15.23 | 26.77 | 40.14 | 47.09 | 60.15 | |||||||
Net Income | 21.01 | 27.84 | 45.29 | 80.33 | 116.67 | 138.76 | 176.01 | |||||||
EPS | 5.08 | 6.73 | 10.95 | 19.41 | 28.18 | 33.51 | 42.51 | |||||||
DPS | 1.10 | 0.06 | 0.08 | 1.00 | 1.50 | 2.00 | 2.00 | |||||||
Payout ratio | 0.22 | 0.01 | 0.01 | 0.05 | 0.05 | 0.06 | 0.05 |
Company Updates
Investor Presentation
Peers & Comparison
FinancialsAsset Management
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Prudent Corporate Advisory Services Ltd | 86.06 | 24.81 | 0.07% |
Bajaj Holdings and Investment Ltd | 16.12 | 1.86 | 1.24% |
HDFC Asset Management Company Ltd | 46.74 | 12.83 | 1.65% |
Nippon Life India Asset Management Ltd | 38.32 | 10.65 | 2.45% |
Price Comparison
Compare PRUDENT with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 2.72%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.72%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Prudent Corporate Advisory Services Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Kotak Emerging Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.8892% | Percentage of the fund’s portfolio invested in the stock 1.15% | Change in the portfolio weight of the stock over the last 3 months 0.42% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 64/75 (+1) |
DSP Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.7269% | Percentage of the fund’s portfolio invested in the stock 2.76% | Change in the portfolio weight of the stock over the last 3 months 0.37% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/63 (+3) |
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.5753% | Percentage of the fund’s portfolio invested in the stock 1.90% | Change in the portfolio weight of the stock over the last 3 months -0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 16/81 (-1) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Increasing Dividends
PRUDENT has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 0.07%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.69 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 13, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Sep 13, 2024
Cash Dividend
Ex DateEx DateAug 18, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Aug 18, 2023
Cash Dividend
Ex DateEx DateSep 15, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Sep 15, 2022
Maan Aluminium Ltd, Poddar Pigments Ltd, Lokesh Machines Ltd and Palash Securities Ltd are among the other losers in the BSE's 'B' group today, 04 November 2024.Prudent Corporate Advisory Services Ltd lost 14.91% to Rs 3044.15 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 39118 shares were traded on the counter so far as against the average daily volumes of 4574 shares in the past one month.Maan Aluminium Ltd tumbled 9.99% to Rs 213.15. The stock was the second biggest loser in 'B' group.On the BSE, 76158 shares were traded on the counter so far as against the average daily volumes of 65271 shares in the past one month.Poddar Pigments Ltd crashed 8.13% to Rs 382.7. The stock was the third biggest loser in 'B' group.On the BSE, 1657 shares were traded on the counter so far as against the average daily volumes of 960 shares in the past one month.Lokesh Machines Ltd corrected 7.30% to Rs 328.35. The stock was the fourth biggest loser in 'B' group.On the BSE, 16361 shares were traded on the counter so far as against the average daily volumes of 6991 shares in the past one month.Palash Securities Ltd plummeted 7.22% to Rs 174.8. The stock was the fifth biggest loser in 'B' group.On the BSE, 9605 shares were traded on the counter so far as against the average daily volumes of 11003 shares in the past one month.Powered by Capital Market - Live
The revenue growth was driven by 53% increase in quarterly average AUM in the mutual fund segment, coupled with a 36% growth in revenues from non-mutual fund products. Profit before tax for the second quarter of FY25 stood at Rs 69.31 crore, up 70.76% from Rs 40.59 crore reported in same quarter last year. Operating profit grew by 59% YoY to Rs 68.7 crore during the quarter. Operating margin improved to 24% in Q2 FY25 as compared to 22.7% recorded in the corresponding quarter previous fiscal. Closing AUM was Rs 1,07,463, up 55% YoY fueled by mark-to-market (M2M) gains as markets saw a strong broad-based rally. The M2M impact added Rs 28,619 crore to AUM over the past twelve months. Systematic Investment Plan (SIP) book grew by 47% YoY in September to Rs 874 crore. Prudent's market share of SIP flows in the industry stood at 3.6% in September 2024. Sanjay Shah, managing director of Prudent Group, stated, 'Adoption to mutual funds is growing at an exponential pace. The unique mutual fund investor count for the industry surpassed the mark of 5 crores in the month of September. Since the last three months, monthly addition of unique investors is at a run-rate above 10 lakhs. This accelerated adoption to mutual funds is a great tailwind for Prudent & is getting reflected in our numbers. In the first half of FY25, our net equity sales reached Rs 5,700 crore, amounting to nearly 93% of the total net sales achieved in all of FY24. In this phase of Amrit kaal wherein per capita income is set to grow 10x in next twenty-five years, Prudent will have a huge growth leeway.' 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 hit a record high of Rs 3,049 in today's intraday session.Powered by Capital Market - Live
Net profit of Prudent Corporate Advisory Services rose 69.36% to Rs 51.52 crore in the quarter ended September 2024 as against Rs 30.42 crore during the previous quarter ended September 2023. Sales rose 50.54% to Rs 286.08 crore in the quarter ended September 2024 as against Rs 190.04 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales286.08190.04 51 OPM %24.0322.71 - PBDT76.0246.72 63 PBT69.3140.59 71 NP51.5230.42 69 Powered by Capital Market - Live
Prudent Corporate Advisory Services will hold a meeting of the Board of Directors of the Company on 30 October 2024.Powered by Capital Market - Live
Prudent Corporate Advisory Service announced that Deepak Sood (DIN: 01642332) has tendered his resignation as Non - Executive Independent Director of the Company with immediate effect on 19 August 2024.Powered by Capital Market - Live
Prudent Corporate Advisory Services announced that the 21th Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live
Net profit of Prudent Corporate Advisory Services rose 57.52% to Rs 44.20 crore in the quarter ended June 2024 as against Rs 28.06 crore during the previous quarter ended June 2023. Sales rose 50.77% to Rs 249.42 crore in the quarter ended June 2024 as against Rs 165.43 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales249.42165.43 51 OPM %23.6523.68 - PBDT65.4943.57 50 PBT59.1937.61 57 NP44.2028.06 58 Powered by Capital Market - Live
Prudent Corporate Advisory Services will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 29.66%, vs industry avg of 12.6%
Increasing Market Share
Over the last 5 years, market share increased from 2.28% to 3.93%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 45.87%, vs industry avg of 12.29%