Prudent Corporate Advisory Services Ltd

Prudent Corporate Advisory Services Ltd reported a resilient FY26 performance, with revenue up 19.4% YoY and record equity net sales of ₹13,900 crore. Operating profit increased by 35.3% YoY to ₹93.0 crore, driven by strong revenue growth and controlled costs, resulting in a margin expansion of 150 basis points to 25.8%. Profit after tax grew by 14.3% YoY to ₹59.1 crore, impacted by negative other income due to market correction. The company added 5,100 new partners and saw its health insurance vertical grow with fresh premiums up 35%.

Prudent Corporate Advisory Services Ltd has appointed Mr. Chirag Ashwinkumar Shah as a Non-Executive, Non-Independent Director, effective July 22, 2026, subject to shareholder approval. The appointment was made based on the recommendation of the Nomination & Remuneration Committee. This decision was taken during the board meeting held on May 7, 2026, where the board also approved the audited financial results for the year ended March 31, 2026, recommended a final dividend of ₹3.50 per share, and re-appointed M/s. PramodKumar Dad & Associates as Internal Auditor for FY 2026-27.

Prudent Corporate Advisory Services Ltd has re-appointed M/s. PramodKumar Dad & Associates as its Internal Auditor for the financial year 2026-27. The decision was based on the recommendation of the Audit Committee. Additionally, the Board approved the appointment of Mr. Chirag Ashwinkumar Shah as a Non-Executive, Non-Independent Director, effective July 22, 2026, subject to shareholder approval. The board also recommended a final dividend of ₹3.50 per equity share for FY26, pending shareholder approval.

Prudent Corporate Advisory Services Ltd's board approved audited financial results for the year ended March 31, 2026, with an unmodified audit opinion from Deloitte Haskins & Sells. A final dividend of ₹3.50 per share was recommended, subject to shareholder approval. M/s. PramodKumar Dad & Associates were re-appointed as Internal Auditor for FY 2026-27. Mr. Chirag Ashwinkumar Shah was appointed as a Non-Executive, Non-Independent Director, effective July 22, 2026, pending member approval. The board meeting concluded at 6:25 PM on May 7, 2026.

Prudent Corporate Advisory Services Ltd's Board of Directors has recommended a final dividend of ₹3.50 per equity share with a face value of ₹5 each for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting. The board also approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified opinion from Deloitte Haskins & Sells.

Prudent Corporate Advisory Services Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified opinion from Deloitte Haskins & Sells. A final dividend of ₹3.50 per equity share was recommended, subject to shareholder approval. M/s. PramodKumar Dad & Associates were re-appointed as Internal Auditor for FY 2026-27. Mr. Chirag Ashwinkumar Shah was appointed as a Non-Executive, Non-Independent Director effective July 22, 2026, pending member approval.

Prudent Corporate Advisory Services Ltd has launched an AI-powered business management platform, Edge+, designed to help mutual fund distributors (MFDs) enhance their business operations. The platform offers features such as goal-based planning, business analytics, marketing tools, and research capabilities, all integrated into a single interface. Edge+ aims to streamline processes, improve client servicing, and facilitate cross-selling of financial products. The platform is currently in beta and available to Prudent's mutual fund distribution partners.

Prudent Corporate Advisory Services Ltd will hold a Board Meeting on May 07, 2026, to consider and approve its Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board will also consider recommending a final dividend, if any, for the same financial year. The trading window for the company's equity shares remains closed from April 1, 2026, and will reopen 48 hours after the results are declared. A post-results conference call with investors and analysts is scheduled for May 08, 2026, to discuss the financial performance.

Prudent Corporate Advisory Services Ltd announced that its Board of Directors will convene on Thursday, May 7, 2026. The primary agenda for the meeting includes the consideration and approval of the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the Board will consider recommending a final dividend, if any, for the financial year ended March 31, 2026. In compliance with insider trading regulations, the trading window for the company's equity shares has been closed from April 1, 2026, and will reopen 48 hours after the results are publicly declared. The company also plans to host a "Post Results Conference Call" with investors and analysts on Friday, May 8, 2026, to discuss its financial performance.

Prudent Corporate Advisory Services Ltd has received a GST notice from the Directorate General of Goods & Service Tax Intelligence (DGGI), Zonal Unit, Ahmedabad. The notice, Form GST DRC-01 issued under Section 74 of the CGST/SGST/IGST Act 2017, pertains to the period FY 2021-22 to FY 2022-23. It alleges the availment of ineligible input tax credit, with a tax involvement of ₹37,16,18,755, along with applicable interest and penalty. The company received the communication on April 21, 2026, and is currently reviewing the notice. Prudent Corporate Advisory Services Ltd plans to respond appropriately within the prescribed timelines and does not anticipate any material impact on its financial, operational, or other activities.