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Prudent Corporate Advisory Services Ltd

(PRUDENT)

₹2637.71.7%

as on 04:01PM, 15 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Prudent Corporate Advisory Services Ltd Analyst Rating

based on 4 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 4 analysts offering long term price targets for Prudent Corporate Advisory Services Ltd. An average target of ₹2359

Source: S&P Global Market Intelligence

Prudent Corporate Advisory Services Ltd Share analysis

Prudent Corporate Advisory Services Ltd price forecast by 4 analysts

Downside of-9.05%

High

₹2700

Target

₹2359.00

Low

₹1480

Prudent Corporate Advisory Services Ltd target price ₹2359, a slight downside of -9.05% compared to current price of ₹2637.7. According to 4 analysts rating.

Source: S&P Global Market Intelligence

Prudent Corporate Advisory Services Ltd Performance

  • Day's Low

    Day's High

    ₹2,569.15
    ₹2,659.95
  • 52 Week's Low

    52 Week's High

    ₹1,093.55
    ₹2,847.05
1 Month Return+ 10.85 %
3 Month Return+ 24.66 %
1 Year Return+ 99.6 %
Previous Close₹2,593.65
Open₹2,600.55
Volume25.72K
Upper Circuit-
Lower Circuit-
Market Cap₹10,739.44Cr

Prudent Corporate Advisory Services Ltd Key Statistics

P/E Ratio69.35
PEG Ratio9.77
Market Cap₹10,739.44 Cr
P/B Ratio13.79
EPS33.51
Dividend Yield0.16
SectorStock/ Commodity Brokers
ROE33.9

Prudent Corporate Advisory Services Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹10,739.44 Cr72.34%0.52₹138 Cr₹823 Cr
NA₹171.08 Cr91.09%0.52₹9 Cr₹48 Cr
NA₹309.14 Cr369.38%0.56₹12 Cr₹114 Cr
NA₹3,254.17 Cr85.29%0.65₹123 Cr₹278 Cr
NA₹106.81 Cr391.25%0.50NA₹1 Cr

About Prudent Corporate Advisory Services Ltd

Prudent Corporate Advisory Services Ltd., founded in 2003, is one of the leading retail wealth management services providers in India. It provides technology-enabled comprehensive end-to-end solutions for the distribution of financial products and presence across both online and offline channels. It has 1351274 unique retail investors spread across 110 branches in 20 states through 23262 Mutual Fund Distributors (MFDs). Prudent also distributes life and general insurance products in India through its subsidiary, Gennext. In 2020, it obtained a SEBI Stock Broker license and started offering private wealth management services, unlisted equity bonds, structured products, PMS/ AIFs products and stock broking on Fundzbazar platform. Over the years, Prudent Corp has received numerous awards, accreditations and recognitions, including The Financial Advisor Awards for Best Performing Regional Financial Advisor West five times from 2009 to 2014 and You I Excellence Award 2020 by Kotak Mutual Fund.

Share Price: ₹2637.70 per share as on 15 Oct, 2024 04:01 PM
Market Capitalisation: ₹10,739.44Cr as of today
Revenue: ₹256.42Cr as on June 2024 (Q2 24)
Net Profit: ₹44.20Cr as on June 2024 (Q2 24)
Listing date: 20 May, 2022
Chairperson Name: Sanjay D Shah
OrganisationPrudent Corporate Advisory Services Ltd
Headquarters
IndustryStock/ Commodity Brokers
E-voting on sharesClick here to vote

Key events for Prudent Corporate Advisory Services Ltd

  • Prudent Corporate Advisory Stock Surges on Strong Performance - 02 Sep, 2024

    Prudent Corporate Advisory's stock has doubled YTD, driven by improved quarterly performance and robust growth in mutual fund assets. Despite rich valuations and potential risks, the medium-term outlook remains positive.

  • Promoters Sell Stake Amid Strong Company Performance - 20 Aug, 2024

    Promoters of Prudent Corporate Advisory Services sold a 2.47% stake for Rs 251 crore. Despite this, the company reported significant revenue and profit growth, with shares experiencing a multibagger return of nearly 109% over the year.

  • Promoters Sell Stake in Prudent Corporate Advisory - 19 Aug, 2024

    Promoters of Prudent Corporate Advisory Services sold a 2.47% stake for Rs 251 crore. Societe Generale acquired 0.6% stake in the transaction.

  • Deepak Sood Appointed to IRDAI as Non-Life Member - 13 Aug, 2024

    Deepak Sood has been appointed as a Whole-Time Member (Non-Life) at the Insurance Regulatory and Development Authority of India (IRDAI). He is currently an Independent Director at Prudent Corporate Advisory Services Limited.

  • Prudent Corporate Reports Strong Q1 Growth - 08 Aug, 2024

    Prudent Corporate Advisory Services reported a 57% increase in net profit to ₹44 crore for the June quarter, driven by a 51% rise in revenue to ₹249 crore. The company surpassed ₹1 lakh crore in AUM, with significant growth in both mutual fund and non-mutual fund products. The SIP book grew by 41% to ₹780 crore, and net equity sales reached ₹2,500 crore, indicating strong market performance.

Insights on Prudent Corporate Advisory Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 170.28 Cr → 256.42 Cr (in ₹), with an average increase of 9.7% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 12.10% to 12.91% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, PRUDENT stock has moved up by 90.4%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 15.48% to 22.01% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Motilal Oswal Financial Services Ltd has given 235.4% return, outperforming this stock by 135.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 58.43% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 13.77% to 6.38% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 44.57 Cr → 44.2 Cr (in ₹), with an average decrease of 0.8% per quarter

Prudent Corporate Advisory Services Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹170.28Cr (-)₹194.09Cr (↑13.98%)₹214.44Cr (↑10.48%)₹245.89Cr (↑14.67%)₹256.42Cr (↑4.28%)
Net Income₹28.06Cr (-)₹30.42Cr (↑8.41%)₹35.70Cr (↑17.36%)₹44.57Cr (↑24.85%)₹44.20Cr (↓0.83%)
Net Profit Margin16.48% (-)15.67% (↓4.92%)16.65% (↑6.25%)18.13% (↑8.89%)17.24% (↓4.91%)
Value in ₹ crore
Details2021202220232024
Total Assets₹191.63Cr (-)₹272.61Cr (↑42.26%)₹427.79Cr (↑56.92%)₹622.85Cr (↑45.60%)
Total Liabilities₹53.29Cr (-)₹76.02Cr (↑42.65%)₹153.52Cr (↑101.95%)₹245.29Cr (↑59.78%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹21.94Cr (-)₹20.02Cr (↓8.75%)₹72.59Cr (↑262.59%)₹92.46Cr (↑27.37%)₹114.90Cr (↑24.27%)

Index Inclusions

S&P BSE Fin. Ser

₹11,636.78

0.17 (19.9%)

S&P BSE AllCap

₹10,954.24

0.08 (9.21%)

BSE Small-Cap

₹57,224.86

1.05 (592.48%)

Prudent Corporate Advisory Services Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
58.43%
0.00
Foreign Institutions
12.91%
6.69
Mutual Funds
22.01%
42.15
Retail Investors
6.38%
-53.71
Others
0.27%
30.34

Prudent Corporate Advisory Services Ltd Key Indicators

Details20232024
Earning Per Share (₹)28.1833.51
Details20202021202220232024
Return On Equity %23.4725.2635.0333.8233.9
Details20202021202220232024
Return On Assets %19.9823.6429.4727.2822.28
Details20232024
Book Value Per Share (₹)84.52116.25

Prudent Corporate Advisory Services Ltd Valuation

Prudent Corporate Advisory Services Ltd in the last 5 years

  • Overview

  • Trends

Lowest (23.89x)

July 15, 2022

Industry (28.23x)

October 14, 2024

Today (69.35x)

October 14, 2024

Highest (72.20x)

August 14, 2024

LowHigh

Prudent Corporate Advisory Services Ltd Earnings and Dividends

  • Prudent Corporate Advisory Services Ltd Earnings Results

    Prudent Corporate Advisory Services Ltd’s net profit jumped 57.52% since last year same period to ₹44.20Cr in the Q1 2024-2025. On a quarterly growth basis, Prudent Corporate Advisory Services Ltd has generated -0.83% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Prudent Corporate Advisory Services Ltd Dividends May,2024

    In the quarter ending March 2024, Prudent Corporate Advisory Services Ltd has declared dividend of ₹2 - translating a dividend yield of 0.13%.

    Read More about Dividends

Prudent Corporate Advisory Services Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Prudent Corporate Advisory Services Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Prudent Corporate Advisory Services Ltd (PRUDENT) share price today is ₹2637.7

Prudent Corporate Advisory Services Ltd is listed on NSE

Prudent Corporate Advisory Services Ltd is listed on BSE

  • Today’s highest price of Prudent Corporate Advisory Services Ltd is ₹2659.95.
  • Today’s lowest price of Prudent Corporate Advisory Services Ltd is ₹2569.15.

PE Ratio of Prudent Corporate Advisory Services Ltd is 69.35

PE ratio = Prudent Corporate Advisory Services Ltd Market price per share / Prudent Corporate Advisory Services Ltd Earnings per share

Today’s traded volume of Prudent Corporate Advisory Services Ltd(PRUDENT) is 25.72K.

Today’s market capitalisation of Prudent Corporate Advisory Services Ltd(PRUDENT) is ₹10739.44Cr.

Prudent Corporate Advisory Services Ltd(PRUDENTPrice
52 Week High
₹2847.05
52 Week Low
₹1093.55

Prudent Corporate Advisory Services Ltd(PRUDENT) share price is ₹2637.7. It is down -7.35% from its 52 Week High price of ₹2847.05

Prudent Corporate Advisory Services Ltd(PRUDENT) share price is ₹2637.7. It is up 141.21% from its 52 Week Low price of ₹1093.55

Prudent Corporate Advisory Services Ltd(PRUDENTReturns
1 Day Returns
44.05%
1 Month Returns
10.85%
3 Month Returns
24.66%
1 Year Returns
99.6%