Announcement
Announcement Under Regulation 30- Grant Of Stock Options 9 Oct - NRC approved second tranche of 1,30,845 stock options under Prudent ESOP 2025 at Rs.3,211 each.
Source: Bse
Prudent Corporate Advisory Services Limited (PRUDENT)
Micro CapFinancial Services stocks · Micro cap · NSE
Founded in 2003, Prudent Corporate Advisory Services is an Ahmedabad-headquartered, fast-growing financial services group. It operates a B2B2C model, distributing mutual funds, insurance, stockbroking, NPS, and other financial products through 36,880 channel partners across 144 locations in 21 states, leveraging technology.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals20 Oct 2026 · screener
Latest result25 Jul, 07:36 pm IST
Score20 Oct, 05:15 am IST · v4.3-runtime-valuation
Tags04 Oct 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
43NeutralSMA20 -5.3% / mo · MACD −
Stock trend: 43
Sector RS: 44
Sector 3M: -5.8% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
PRUDENTD candles · FIT view+9.0%Latest close ₹3056.40 on 2026-10-19
Bar
+0.2%
RSI
39
MACD hist
-11.97
52W pos
47%
2026-10-19O ₹3050.00H ₹3075.70L ₹3000.50C ₹3056.40Vol 32,617 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
PRUDENTNifty Financial ServicesNifty 500
- PRUDENT
- +8.0%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- +13.5 pp
Chart stats
19 Oct 2026- From 52W high
- -25.6%
- 52W range position
- 47%
- ATR (14)
- 3.7%
- Volume vs 20D
- 1.07x
- Avg traded value
- ₹9.3 Cr
- 20D price channel
- ₹3,000.5 - ₹3,545
₹4,105.5
₹2,121 - ₹4,105.5
₹114.4
Latest completed session
20-session average
29.9% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE53
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +18.4% · PAT +44.2% YoY
Technical
Neutral43
Price trend and sector-relative-strength timing.
Valuation
Legacy model-102.5%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence86
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 90/100Rev +18% YoY · PAT +44% YoY · margin expansion · operating leverage
Filed 25 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹348 Cr | +18.4% | -3.6% |
| EBITDA | ₹89 Cr | +32.8% | -4.3% |
| Operating margin | 26.0% | +300 bps | +0 bps |
| PAT | ₹75 Cr | +44.2% | +27.1% |
| PAT margin | 21.6% | +386 bps | +521 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 51.60
- P/B
- 14.35
- EV/EBITDA
- 34.86
- Market Cap
- 12656.00Cr
Profitability
- ROE
- 28.60%
- ROCE
- 37.50%
- ROA
- 20.03%
- Dividend Y
- 0.11%
Growth (CAGR)
- Revenue 5Y
- 35.00%
- EPS 5Y
- 37.00%
- Revenue 3Y
- 30.00%
- EPS 3Y
- 24.00%
Balance Sheet
- Debt/Equity
- 0.04
- Interest Coverage
- 55.33×
- Altman Z
- 9.26
- Book Value
- 213.00
Cash Flow
- FCF Yield
- 0.13%
- FCF Positive Y
- 7/5
- OCF
- 217.00 Cr
- EPS TTM
- 59.19
Shareholding
- Promoter Hold
- 55.31%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 51%
Financial History
Updated 18/10/2026
Revenue
₹ CrLatest: 348-3.6% vs prev
Net Profit
₹ CrLatest: 75.0+27.1% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term uptrend intact. RSI 39.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~5.5% over last month) — short-term momentum negative.
- RSI(14) at 39 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 26% off 52W high · 44% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
74
RS percentile
Stage 2 UptrendEstablished S2
1M return
-12.7%
3M return
+8.0%
6M return
+11.1%
1Y return
+12.4%
RS 1D
+2
RS 20D
-9
Sector rank
#10
Industry rank
#16
Stage evidence
- Price is 3.7% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +4.0%.
- Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
15 Jun 2026
S2 age
89 trading sessions
Sector
weakening
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 123.38+1.19%
RS vs Nifty 500123
Valuation & peers
U-Score 53 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 53 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · FAIR VALUEValuation0/30
Growth16/25
Quality18/20
Balance Sheet10/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
53
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
53/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Quality contributes 18/20 to the score.
- Balance sheet contributes 10/15 to the score.
Main drags
- Fair-value margin of safety is negative at -102.5%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
51.6
PB
14.3
EV/EBITDA
34.9
ROE
28.6%
ROCE
37.5%
FCF Yield
0.1%
Debt/Equity
0.0
MoS
-102.5%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
53
Previous: 53
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-102.5%
Previous: -102.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
53
53
53
53
53
53
53
53
53
53
53
53
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹532.6
-473.9% MoS
Growth-justified P/E
25.5
Growth-justified Value
₹1,509.35
-102.5% MoS
PEG
1.62
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
RELIGARE
Micro
Religare Enterprises Limited
Financial Services
match 55
22
151.0
3.2%
-462%
OVERVALUED
CHOICEIN
Large
Choice International Limited
Financial Services
match 52
43
72.0
16.1%
-176%
WATCHLIST
JAYKAY
Small
Jaykay Enterprises Limited
Financial Services
match 48
44
82.2
3.6%
+41%
WATCHLIST
HBSL
Small
HB Stockholdings Limited
Financial Services
match 47
16
—
-12.8%
—
OVERVALUED
RNFI
SME
RNFI Services Ltd.
Financial Services
match 47
52
28.0
23.0%
-9%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-06-03T12:40:54.329Z
Management commentary snapshot
Q4 FY26 consolidated revenue rose 27.4% YoY, with EBITDA up 35.3% YoY, driven by strong AUM growth and equity net sales. PAT increased 14.3% YoY, while the monthly SIP book reached ₹1,188 crore, indicating sustained retail investor participation.
The company demonstrates robust AUM and SIP growth, driven by its B2B2C model and expanding MFD network. Diversification into insurance and strategic acquisitions further strengthen its position, despite a slight PAT margin contraction QoQ. The asset-light model supports consistent profitability.
Current business mix
Revenue by Product Offering (FY25)
Latest issuer-disclosed distribution across 4 reported categories.
MF Products83.7%
Insurance Products11.5%
Stock Broking & Allied Services2.0%
Others2.7%
Growth engines
MFD Network Expansion
The company has 36,880 MF Partners as of March 2026, with around two-thirds of the MFD base joining in the last five years.
Technology-Enabled Platform
Fundzbazar, Partner Desk, and the new AI-powered EDGE+ tool enhance MFD productivity and client engagement.
Diversified Product Basket
Increasing share of Insurance products, from 7.2% in FY20 to 11.5% in FY25, de-risks portfolio concentration.
SIP-led AUM Growth
Monthly SIP flow of ₹1,188 Cr (Mar-26) provides stability to net flows, with SIPs contributing 43.2% to Gross Equity Inflows in FY26.
Capacity and execution
MFD Network Growth
The number of MFDs grew from 33,308 in FY25 to 36,880 in FY26, adding 3,572 partners.
Geographical Expansion
Since FY18, 71 new branches have been opened, with 44 of these in B-30 markets, expanding reach to underpenetrated areas.
Strategic Acquisitions
Acquired mutual fund assets of Indus Capital (Pune) aggregating ₹2,104 crore in October 2025, strengthening market presence.
AI-Powered Tool Launch
Launched EDGE+, an AI-powered business management tool for MFDs, currently live in beta, to enhance productivity.
Tailwinds
Financialization of Savings
India is experiencing a shift from traditional savings to market-based investments, with mutual funds leading this trend.
Underpenetrated MF Industry
Mutual Fund AUM as a % to GDP was 20% in FY25, indicating a long runway for growth compared to developed markets.
Viksit Bharat @2047 Vision
The national vision for Viksit Bharat @2047 is shaping the shift to market-based investments, with mutual funds as key tools.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
QoQ comparison is relevant for assessing sequential momentum in AUM, SIP flows, and operating efficiency. YoY comparison provides insight into the company's long-term growth trajectory and performance against seasonal factors.
Sector KPIs management disclosed
Total AUM
Total AUM stood at ₹1,19,304 Cr as of March 2026. Quarterly Average AUM for Q4 FY26 was ₹1,28,020 Cr, up 25.8% YoY and 0.3% QoQ.
Monthly MF SIP Flow
Monthly MF SIP Flow was ₹1,188 Cr as of March 2026, up from ₹1,135 Cr in Dec 2025 and ₹981 Cr in Mar 2025.
Equity AUM to Total AUM
Equity Oriented AUM as a percentage of Total AUM was 96.8% as of March 2026, consistent with 96.7% in Dec 2025 and Mar 2025.
Total Revenue from Operations
Total Revenue from Operations for Q4 FY26 was ₹360.6 Cr, up 27.4% YoY and 5.1% QoQ.
Management forward view
Net Sales Tracking SIP Flows
Management believes net sales will closely track gross SIP flows going forward, providing stability.
FY27 SIP Flow Expectation
Expecting gross flows from SIPs of ₹14,256 crores in FY27, representing 12% of the FY27 opening AUM.
Inorganic Growth Exploration
The treasury book of ₹585 crore as of March 2026 enables the company to actively explore inorganic growth avenues.
Client Transition Benefits
Indus Capital's clients will transition to Fundzbazar, gaining access to a wider product basket and a smoother technology platform.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Monthly SIP Flow | ₹1,188 Cr (Mar-26) | Sustained growth in monthly SIP flows and its contribution to gross equity inflows. |
| Operating Profit Margin | 25.8% (Q4 FY26) | Stability or expansion of operating margins, indicating efficient scaling of operations. |
| Insurance Product Revenue Share | 11.5% (FY25) | Continued increase in the share of insurance products, signaling successful diversification efforts. |
| MFD Productivity (AUM > 10 Cr) | 2.41x higher gross sales per client | Growth in the number of MFDs with AUM over ₹10 crore, indicating MFD maturation and higher productivity. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
86Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 99th percentile of the scored universe and 99th percentile within Financial Services. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
80 docs text-extracted · 36 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
99th percentile
overall median 67 · Financial Services: 99th pctile, median 62 · Micro: 98th pctile, median 73
Evidence depth
Financial-only
80 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
80
strong · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 55.3%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 0.1%.
- ▸7 years of positive FCF.
Trust risks
- ▸ROCE trend is -3.8%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Prudent Corporate Advisory Services Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Concall transcriptJul 2026
Jul 2026 · Transcript
Source: Bse
Investor presentationJul 2026
Jul 2026 · PPT
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Jul - Newspaper Advertisement - Notice of 23rd Annual General Meeting
Source: Bse
Annual report
Business Responsibility and Sustainability Reporting (BRSR) 6 Jul - Prudent filed BRSR for FY2025-26 as part of the annual report.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Jul - Newspaper Advertisement with respect to Intimation of 23rd AGM through video conferencing / other audio visual means.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d - Schedule of Q1FY27 Results Conference Call
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Concall transcriptMay 2026
May 2026 · Transcript
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 May - Intimation of schedule of Analyst/Investor Meeting to be held on 28th May, 2026.
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.