Prudent Corporate Advisory Services Ltd share price logo

Prudent Corporate Advisory Services Ltd (PRUDENT)

₹2144.957.89%

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Overview
News
Financials
Q1 2024 Results
Technicals

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 ₹2023.25

Source: S&P Global Market Intelligence

Prudent Corporate Advisory Services Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,966.25
    ₹2,151.5
  • 52 Week's Low

    52 Week's High

    ₹1,058.8
    ₹2,156
1 Month Return+ 4.72 %
3 Month Return+ 31.98 %
1 Year Return+ 68.3 %
Previous Close₹1,988.05
Open₹1,978.05
Volume32.82K
Upper Circuit-
Lower Circuit-
Market Cap₹8,231.86Cr

Key Statistics

P/E Ratio59.33
PEG Ratio11.17
Market Cap₹8,231.86 Cr
P/B Ratio12.59
EPS28.18

Mutual Fund Holdings

Funds HoldingsPrev. 2M
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth0.63%
DSP Small Cap Fund Direct Plan GrowthDSP Small Cap Fund Direct Plan Growth1.87%
DSP Flexi Cap Fund Direct Plan GrowthDSP Flexi Cap Fund Direct Plan Growth2.16%
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth0.46%
DSP Equity & Bond Fund Direct Plan GrowthDSP Equity & Bond Fund Direct Plan Growth1.24%

Company Information

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: ₹2144.95 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹8,231.86Cr as of today
Revenue: ₹245.89Cr as on March 2024 (Q1 24)
Net Profit: ₹44.57Cr as on March 2024 (Q1 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

  • Mutual Funds Buy Stake in Prudent Corporate as Foreign Investor Exits - 29 May, 2024

    Prudent Corporate Advisory Services saw Canara Robeco, DSP, and Kotak Mahindra Mutual Funds buy a 5.3% stake worth Rs. 363.9 crore while foreign investor TA FDI Investors exited the company by selling their entire 7.04% stake worth Rs. 481.3 crore.

  • Prudent Corporate Advisory Services Acquires Karvy's Mutual Fund Business - 20 May, 2024

    Prudent Corporate Advisory Services has acquired the mutual fund business of Karvy Stock Broking, strengthening its presence in retail financial product distribution. Prudent grew its mutual fund distributors network from 8,378 to 17,583 at a CAGR of 26.35%.

  • Prudent Corporate Advisory Reports Strong Financial Results - 07 May, 2024

    Prudent Corporate Advisory Services reported strong financial results with an 8.1% YoY increase in Q4FY24 net profit and a consolidated net profit of Rs 138.75 crore for FY24. The company's board has recommended a final dividend of Rs 2 per equity share. Sanjay Shah, CMD, expects the company to reach Rs 1,000 crore SIP book in the next one-and-a-half years.

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

    MF Holding Up

    img

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

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 28.06 Cr → 44.57 Cr (in ₹), with an average increase of 14.2% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 170.28 Cr → 245.89 Cr (in ₹), with an average increase of 11.5% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Motilal Oswal Financial Services Ltd has given 193.4% return, outperforming this stock by 125.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, PRUDENT stock has moved down by -5.7%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

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

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹245.89Cr
↑14.67%
Net Income
₹44.57Cr
↑24.85%
Net Profit Margin
18.13%
↑8.89%
2023Y/Y Change
Revenue
₹617.01Cr
↑34.67%
Net Income
₹116.69Cr
↑45.25%
Net Profit Margin
18.91%
↑7.87%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹360.66Cr
↑32.30%
Total Liabilities
₹94.19Cr
↑23.90%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹94.09Cr
↑29.62%

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

Key Indicators

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 (29.68x)

July 23, 2024

Today (59.33x)

July 23, 2024

Highest (62.93x)

July 18, 2024

LowHigh

Earnings and Dividends

  • Prudent Corporate Advisory Services Ltd Earnings Results

    Prudent Corporate Advisory Services Ltd’s net profit jumped 8.1% since last year same period to ₹44.57Cr in the Q4 2023-2024. On a quarterly growth basis, Prudent Corporate Advisory Services Ltd has generated 24.85% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Prudent Corporate Advisory Services Ltd Dividends May,2023

    In the quarter ending March 2023, Prudent Corporate Advisory Services Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.13%.

    Read More about Dividends

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 ₹2144.95

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 ₹2151.5.
  • Today’s lowest price of Prudent Corporate Advisory Services Ltd is ₹1966.25.

PE Ratio of Prudent Corporate Advisory Services Ltd is 59.33

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 32.82K.

Today’s market capitalisation of Prudent Corporate Advisory Services Ltd(PRUDENT) is ₹8231.86Cr.

Prudent Corporate Advisory Services Ltd(PRUDENTPrice
52 Week High
₹2156
52 Week Low
₹1058.8

Prudent Corporate Advisory Services Ltd(PRUDENT) share price is ₹2144.95. It is down -0.51% from its 52 Week High price of ₹2156

Prudent Corporate Advisory Services Ltd(PRUDENT) share price is ₹2144.95. It is up 102.58% from its 52 Week Low price of ₹1058.8

Prudent Corporate Advisory Services Ltd(PRUDENTReturns
1 Day Returns
156.9%
1 Month Returns
4.72%
3 Month Returns
31.98%
1 Year Returns
68.3%