Prudent Corporate Advisory Services Limited announced its financial results for the quarter ending September 2026 (Q2 FY27) through a press release submitted to the National Stock Exchange of India Ltd and BSE Limited.
Consolidated Financial Performance - Q2 FY27
Revenue Performance:
- Total Revenue from Operations: ₹388.7 crore, representing 21.6% YoY growth from ₹319.8 crore in Q2 FY26
- Quarter-over-quarter growth of 11.8% from ₹347.6 crore in Q1 FY27
- Half-yearly (H1 FY27) revenue reached ₹736.4 crore, showing 20.0% YoY growth from ₹613.6 crore in H1 FY26
Profitability Metrics:
- Operating Profit: ₹102.8 crore, showing 42.4% YoY growth from ₹72.2 crore in Q2 FY26
- Operating Profit Margin: 26.4%, expanding by 390 basis points from 22.6% in Q2 FY26
- Profit Before Tax: ₹96.1 crore, representing 33.6% YoY growth from ₹71.9 crore in Q2 FY26
- Profit After Tax: ₹71.7 crore, showing 33.9% YoY growth from ₹53.5 crore in Q2 FY26
Business Drivers and Operational Highlights
Mutual Fund Business:
- 20.7% increase in Quarterly Average AUM in mutual fund business
- Monthly SIP book grew 17% YoY to ₹1,272 crore in September 2026
- Market share increased to 3.7% from 3.5% a year earlier
- Equity mutual fund market share increased to 2.70% from 2.59% a year earlier
Insurance Business:
- 46.0% growth in insurance business
Specialized Investment Fund (SIF) Business:
- SIF partners increased to 1,792 from 1,323 in the previous quarter
- SIF AUM reached ₹900 crore
Distribution Network Expansion:
- Added 3,541 channel partners in H1 FY27, nearly 30% more than corresponding period last year
- Operates through 165 locations in over 21 states
- Team strength of 1,712 professionals and 39,691 channel partners
Management Commentary
Mr. Sanjay Shah, Chairman & Managing Director of Prudent Group, stated that the company continues to invest in expanding branch network and evaluating value-accretive acquisition opportunities. He emphasized that the SIF business is emerging as a key growth driver.
Company Overview
Prudent Corporate Advisory Services Limited is an independent retail wealth management services group engaged in distributing a wide range of financial products including mutual funds, insurance products, stockbroking, portfolio management schemes, unlisted securities, fixed deposits, alternative investment funds, national pension schemes, and government securities. The company operates on a B2B2C model with a technology-enabled platform. Founded in 2003 and headquartered in Ahmedabad, India.