# Prudent Corporate Advisory Services share price today (Prudent Corporate Advisory Services Ltd, NSE: PRUDENT)

> Prudent Corporate Advisory Services share price today: ₹2,890.60 at the NSE close on 3 November 2026, up 13.1% in a year. Prudent Corporate Advisory Services (NSE: PRUDENT) is worth ₹11,968 crore, trades at a P/BV of 11.8 and has closed between ₹2,215.10 and ₹3,501.60 over the past 52 weeks. > Prudent Corporate Advisory Services Ltd's results are improving, while its P/BV is near the low end of its own history over 4.1 years, higher than only 8% of past readings. PRUDENT · Finance - Capital Markets · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/prudent-corporate-advisory-services-ltd

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## Key numbers

- Price: ₹2,890.60 (+13.1% in a year)
- P/BV: 11.8× (lower than 92% of the last 4.1 years)
- Revenue (Sep 2026): ₹389 Cr (+21.6% on a year ago)
- Profit (Sep 2026): ₹72.0 Cr (+33.3% on a year ago)
- Net margin: 18.5% (+1.6 points on a year ago)
- ROE: 29%, FY26

Biggest thing to watch: the price has already been rising for 24 weeks, so timing is the risk more than the business. ## What is the Prudent Corporate Advisory Services share price today? Prudent Corporate Advisory Services Ltd's share price was ₹2,890.60 at the close on 3 November 2026. It has been rising for 24 weeks. That is 1.5% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running. In the last 52 weeks it traded between ₹2,215 and ₹3,502, and at that close it sat 53% of the way up from that low. Over the last 4.5 years the share price moved +415% while the NIFTY 500 moved +61%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Prudent Corporate Advisory Services this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), profit up on a year earlier for 12 quarters in a row (every quarter we can compare) and highest quarterly revenue in 16 quarters. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹389 crore, +21.6% on a year earlier. Why: Revenue rose because the average pot of customer money it earns fees on was bigger than a year earlier. Next results: check whether the fee rate it earns on mutual fund assets stays steady. From the earnings call on 29 Oct 2026. 2. Profit up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter profit was ₹72 crore, +33.3% on a year earlier. Why: Profit rose because the main business earned more after costs before investment losses, even though a loss on bond and hybrid holdings cut the reported number. Next results: check whether new distributors start adding profit. From the earnings call on 29 Oct 2026. 3. Highest quarterly revenue in 16 quarters Revenue of ₹389 crore in the September 2026 quarter is the highest of the last 16 quarters. ## What are Prudent Corporate Advisory Services' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Prudent Corporate Advisory Services reported total income of ₹389 crore, up 21.6% from ₹320 crore a year earlier, and a profit of ₹72.0 crore, up 33.3% from ₹54.0 crore. ### Prudent Corporate Advisory Services results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹389 crore | ₹320 crore | +21.6% |
| Profit | ₹72.0 crore | ₹54.0 crore | +33.3% |
| Earnings per share | ₹17.32 | ₹12.93 | +34.0% |
| Net margin | 18.5% | 16.9% | +1.6 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Prudent Corporate Advisory Services' management discussed these results on a call held on 29 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.)

## What is the Prudent Corporate Advisory Services share price history? Prudent Corporate Advisory Services closed at ₹2,890.60 on 3 November 2026, up 13.1% from ₹2,555.50 a year earlier (31 October 2025) and up 155.9% over three years. Its highest weekly close since May 2022 was ₹3,520.50 on 1 November 2024. ### Prudent Corporate Advisory Services share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹2,797.80 | +3.3% |
| 1 month ago · 1 Oct 2026 | ₹3,119.10 | −7.3% |
| 6 months ago · 30 Apr 2026 | ₹2,826.10 | +2.3% |
| 1 year ago · 31 Oct 2025 | ₹2,555.50 | +13.1% |
| 3 years ago · 3 Nov 2023 | ₹1,129.60 | +155.9% |
| Earliest weekly close in our records · 20 May 2022 | ₹561.75 | +414.6% |
| Highest weekly close since May 2022 · 1 Nov 2024 | ₹3,520.50 | −17.9% |
| Lowest weekly close since May 2022 · 15 Jul 2022 | ₹484.80 | +496.2% |
| 52-week high (weekly close) · 18 Sep 2026 | ₹3,501.60 | −17.4% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹2,215.10 | +30.5% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (240 weekly closes from 20 May 2022 to 3 November 2026.)

## What is the latest news on Prudent Corporate Advisory Services? 3 Nov 2026: Prudent Corporate Advisory Services closed at ₹2,890.60, up 3.3% on the week and down 7.3% on the month. 29 Oct 2026: Prudent Corporate Advisory Services held its results call for July to September 2026. Management guided: MF-PMS manufacturing licence expected by April 2027 framework start via wholly owned subsidiary route. ### Earlier

- Results for July to September 2026: Total income up 21.6% and profit up 33.3% on a year earlier. - 17 Jul 2026: ex-date for a dividend of ₹3.50 a share. - Our read, 17 May 2026: An asset-light financialization compounder navigating a regulatory reset, margin headwinds are one-time; the consolidation flywheel is permanent. ### Our read of the business

Latest quarter: Record equity net sales, Prudent Edge launch, SIP goal silently abandoned. (Our read after the latest results, written 17 May 2026.)

## What dividend does Prudent Corporate Advisory Services pay? Prudent Corporate Advisory Services paid ₹3.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.12% at the ₹2,890.60 close on 3 November 2026. The last was a dividend of ₹3.50 a share, ex-date 17 July 2026. ### Prudent Corporate Advisory Services dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 17 Jul 2026 | ₹3.50 | Dividend | same day |
| 18 Jul 2025 | ₹2.50 | Dividend | same day |
| 13 Sep 2024 | ₹2 | Dividend | same day |
| 18 Aug 2023 | ₹1.50 | Dividend | same day |
| 15 Sep 2022 | ₹1 | Dividend | 16 Sep 2022 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Prudent Corporate Advisory Services Ltd paid out 7% of its profit as dividends in FY26, and it paid a dividend in each of its last 8 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Prudent Corporate Advisory Services management say on the latest results call? On the call for July to September 2026, held on 29 October 2026, Prudent Corporate Advisory Services' management guided: MF-PMS manufacturing licence expected by April 2027 framework start via wholly owned subsidiary route. > “Assuming the regulation comes through exactly as proposed, which we believe is very unlikely, the current contribution of the insurance business to our profit is roughly 12%.”
> Sanjay Shah, on the call for July to September 2026

### What management guided

- MF-PMS fee cap up to 1% under regulation, near current mutual fund realisation. - Online bond business full launch after SEBI fixed-income channel partner framework finalised using distributor network. - Insurance workable middle path expected with parity or better versus individual agents. - PMS and bonds to become additional growth drivers over time on existing network and capabilities. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/45022-29-Oct-2026.pdf). (From the call for July to September 2026, 29 October 2026.)

## What is the future of Prudent Corporate Advisory Services? What is changing in the business? What is changing at Prudent Corporate Advisory Services, from the latest results and calls: operating leverage inflection (aum scale), gst ter reform, structural competitive moat widening and market share gains (sip + equity net sales). - Operating Leverage Inflection (AUM Scale). AUM growing 21-26% on a year earlier while employee costs grow at 14% in FY27, operating leverage compounds on a trail-commission base with near-zero marginal cost per AUM rupee. ⚠ estimate
- GST TER Reform, Structural Competitive Moat Widening. April 2026 GST reform eliminates 15-20% cost advantage of non-registered distributors (~15-16% industry AUM), Prudent positioned as the consolidation destination for smaller IFAs seeking platform cost subvention. ⚠ estimate
- Market Share Gains (SIP + Equity Net Sales). SIP market share improved 20 basis points to 3.5% on a year earlier despite direct channel expansion; equity net sales reached all-time high ₹13,900 Cr FY26 despite a 14.5% market correction. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the latest results, written 17 May 2026.)

## What could change the Prudent Corporate Advisory Services story? What are the risks? Post-February 2026 SIP registrations decelerated; elevated termination rates from weak 2-year returns; the ₹1,200 Cr March SIP goal was silently abandoned. ### The main risks

- SIP Momentum Deceleration, Post-Feb Registration Drop + Higher Terminations: Post-February 2026 SIP registrations decelerated; elevated termination rates from weak 2-year returns; the ₹1,200 Cr March SIP goal was silently abandoned. ✓ fact
- Exit Load Removal (5 basis points), Timing Uncertainty + Implementation Risk: 5 basis points benefit in place since 2012 removed by SEBI; AMC repricing timing unclear (expected end-May 2026 clarity per concall); first payment delay in company history in April. ✓ fact
- Direct Channel Growth Eroding B2B2C Regular-Plan Share: Direct plans now ~35% of industry monthly SIP flows (~50% of new SIPs), structural shift that places a ceiling on B2B2C market share gains over 5+ year horizon. ✓ fact
- Management Consistency, 3 Guidance Drops Across 4 Calls: Across 4 calls: operating margin guidance dropped (Nov 2025), MF yield guidance dropped (Nov 2025), SIP ₹1,200 Cr goal silently abandoned (May 2026), pattern of committing then receding. ⚠ estimate

(Our read after the latest results, written 17 May 2026.)

## What to watch in Prudent Corporate Advisory Services' next results? When Prudent Corporate Advisory Services reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Final IRDAI decision on IDE-IDA parity versus proposed split - check circular and next-call update for renewal economics. - What to check (from the call)
- Final IRDAI decision on IDE-IDA parity versus proposed split - check circular and next-call update for renewal economics. - PMS licence receipt by flagged operational date with backend and HNI rollout pace - check approval and update. - Online bond launch after flagged framework clarity using distributor network - check framework announcement and rollout pace. ## Which stock lists is Prudent Corporate Advisory Services on? Prudent Corporate Advisory Services is not on any of our India lists this week. ## Is Prudent Corporate Advisory Services profitable? Prudent Corporate Advisory Services Ltd earned ₹72.0 Cr of net profit in the Sep 2026 quarter, +33.3% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹222 Cr. Over 7 years profit has grown 40.1% a year on average. That is 18.5% of the quarter's revenue. The same quarter a year earlier earned ₹54.0 Cr. For the full year, FY26 profit was ₹222 Cr (+13.3% on the year before). Why profit moved: revenue changed +21.6% on a year earlier and the margin moved +1.6 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +27.9% and revenue +22.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Prudent Corporate Advisory Services make, and is it growing? Prudent Corporate Advisory Services Ltd reported ₹389 Cr of income in the Sep 2026 quarter, +21.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 7 years it has grown 29.0% a year on average. The last full year, FY26, came in at ₹1,341 Cr. Why this happened. In a year where the market fell 14.5% in Q4, Prudent delivered record equity net sales, a counter-cyclical validation of platform stickiness. SIP market share having and improving (+20 bps to 3.5%) in the face of direct-channel growth (now ~35% of industry SIPs) shows the regular-plan business is structurally healthy. The SIP book currently stands at ~₹1,170 Cr/month, and with AUM rebounding to ₹1.33 trillion by May 5, the FY27 revenue base looks stronger than March-end AUM suggests. The last four reported quarters add to ₹1,441 Cr. FY26 revenue was ₹1,341 Cr, +18.4% on the year before. Recent pace: the last four quarters grew +22.0% on average, against 29.0% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +21.9%, against +21.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +28.2%, against +22.1% a year (accelerating). ## How much does Prudent Corporate Advisory Services keep from what it earns? Prudent Corporate Advisory Services Ltd's net margin was 18.5% in the Sep 2026 quarter, 1.6 percentage points higher than the same quarter a year ago. Across 8 years it has been between 9.3% and 19.0%. The latest quarter is within that range. Why this happened. Prudent's revenue is ~91 bps of average AUM per year. As AUM grows 21%+ annually (driven by net new flows and market appreciation), revenue scales proportionally. Employee costs, the primary operating lever, are guided to grow at only 14% in FY27 (vs 21.2% in FY26 which included Indus integration and labor code provisions). This creates meaningful operating leverage in FY27. The Indus acquisition (₹2,060 Cr → ₹2,250 Cr AUM, 1.2% yield vs platform 0.4% average) structurally improved blended payout ratios by 78-80 bps, a recurring EBIT tailwind. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Prudent Corporate Advisory Services' loans have gone bad? Prudent Corporate Advisory Services Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why this happened. Prudent Edge is the technology moat designed to make distributor switching economically irrational. Voice-enabled AI in regional languages addresses the usability gap for smaller IFAs. Combined with the GST regulatory tailwind creating consolidation pressure, Prudent Edge is the technology layer that turns the consolidation wave into a durable competitive advantage. Currently in beta; adoption data will be visible in Q1 FY27 partner retention metrics. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Prudent Corporate Advisory Services' loan book growing? Prudent Corporate Advisory Services Ltd's revenue was ₹1,341 Cr in FY26, +18.4% on the year before, so the loan book is growing. The latest quarter was +21.6% on a year earlier. The net margin on that income is 18.5%, +1.6 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is Prudent Corporate Advisory Services' P/BV ratio, and how does it compare with its own history? Prudent Corporate Advisory Services Ltd's P/BV is 11.8×, near the low end of its own history: it has been lower only 8% of the time. Its usual P/BV (the middle reading) is 14.5×, over 4.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why this happened. The Indus Capital acquisition (September 2023) validates: ₹2,000 Cr B2C AUM acquired, 78-80 bps yield accretion, zero manpower attrition, actively scanning for more. Management has a clear 'apple-to-apple' M&A filter and ₹537 Cr treasury as dry powder. The GST TER reform creates the wave; Prudent is the natural customer. If one medium-sized acquisition lands in FY27, the incremental AUM and yield accretion could add 5-8% to consolidated PAT. Why the multiple is where it is: over the past year book value grew while the price moved +13.1%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 3 years the price moved +36.8% a year; about +36.5% a year came from book-value growth and about +0.3 percentage points from the multiple (roughly no change). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 5.3% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Prudent Corporate Advisory Services business getting better or worse? Prudent Corporate Advisory Services Ltd's business is giving mixed signals. Growth has been steadily positive, but there is no return figure to confirm steady growth. This is based on 9 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## What is the Prudent Corporate Advisory Services story, and has it been checked? Prudent Corporate Advisory Services Ltd's story is not scored yet against the checks our research set on 17 May 2026. Where it sits in its own cycle: NEAR TROUGH TO EARLY EXPANSION. Our read, 17 May 2026. An asset-light financialization compounder navigating a regulatory reset, margin headwinds are one-time; the consolidation flywheel is permanent. From the numbers. Peak was 21.7x in Sep 2024. EXPANSION STARTED signal from the algo. FII stake-cutting is the contrary signal, institutional caution on regulatory…

From the price. Price stage 2, week 24, below its 200-day line, relative strength falling. From the research. An asset-light financialization compounder navigating a regulatory reset, margin headwinds are one-time; the consolidation flywheel is permanent. Where they disagree. Peak was 21.7x in Sep 2024. EXPANSION STARTED signal from the algo. FII stake-cutting is the contrary signal, institutional caution on regulatory headwinds. EPS compounding 14-18% annually with AUM growth as the primary driver. What is proven. An asset-light financialization compounder navigating a regulatory reset, margin headwinds are one-time; the consolidation flywheel is permanent. What is not proven yet. The test written in advance. SEBI TER/Commission Reset Goes Beyond Current 2-3 bps Estimate. Measured by: SEBI TER/Commission Reset Goes Beyond Current 2-3 bps Estimate Any SEBI consultation paper on total distribution commission caps; industry AUM yield data quarterly by the next result. The test written in advance. SIP Momentum Deceleration, Post-Feb Registration Drop + Higher Terminations. Measured by: SIP Momentum Deceleration, Post-Feb Registration Drop + Higher Terminations Monthly SIP book data in Q1 FY27 concall; SIP registration data from AMFI monthly statistics by the next result. The test written in advance. Exit Load Removal (5 bps), Timing Uncertainty + Implementation Risk. Measured by: Exit Load Removal (5 bps), Timing Uncertainty + Implementation Risk Q1 FY27 revenue yield per AUM; AMC TER filing with SEBI (published publicly) by the next result. What the company does. FY26 revenue +16.2%, PAT +13.3%, soft PAT growth masked by one-off ₹13-14 Cr MTM treasury loss; underlying operating PAT grew broadly in line with revenue. GST TER reform eliminates 15-20% cost disadvantage for non-registered distributors, creating a consolidation wave; Prudent's Indus acquisition proves the playbook and ₹500+ Cr treasury funds more. The dot is where the company is now; the dashed line is the level that would settle the question; a tinted band is where management says it is heading. Lever 1 · Operating leverage: building. AUM growing 21-26% YoY while employee costs grow at 14% in FY27, operating leverage compounds on a trail-commission base with near-zero marginal cost per AUM rupee. What proves it keeps working: Operating Leverage Inflection (AUM Scale). It stops working if Any SEBI consultation paper on total distribution commission caps; industry AUM yield data quarterly. Lever 2 · Value-added mix: building. April 2026 GST reform eliminates 15-20% cost advantage of non-registered distributors (~15-16% industry AUM), Prudent positioned as the consolidation destination for smaller IFAs seeking platform cost subvention. What proves it keeps working: GST TER Reform, Structural Competitive Moat Widening. It stops working if Any SEBI consultation paper on total distribution commission caps; industry AUM yield data quarterly. Lever 15 · Market-share gains: building. SIP market share improved 20 bps to 3.5% YoY despite direct channel expansion; equity net sales reached all-time high ₹13,900 Cr FY26 despite a 14.5% market correction. What proves it keeps working: Market Share Gains (SIP + Equity Net Sales). It stops working if Any SEBI consultation paper on total distribution commission caps; industry AUM yield data quarterly. Lever 8 · Demerger or value unlock: building. Indus Capital proved the acquisition playbook; ₹500+ Cr treasury funds the next deal; GST reform accelerates the consolidation wave the company is positioned to capture. What proves it keeps working: Industry Consolidation / M&A Flywheel. It stops working if Any SEBI consultation paper on total distribution commission caps; industry AUM yield data quarterly. Sources: our stock research file (17 May 2026) · quarterly results through Sep 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did Prudent Corporate Advisory Services management deliver what it promised? What Prudent Corporate Advisory Services Ltd's management promised, against what actually happened: 2 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. Highest Quarterly Net Sales Claim Conflicts with Prior Record · 29 October 2026. In May 2026, management identified INR 4,300 crore as its highest-ever quarterly equity net sales. In Oct 2026, management described the lower figure of 4,137 crore as the highest quarterly net sales in its history; unless the latest figure uses a different scope or definition, the record claim is inconsistent and should be reconciled. Non-GST AUM Mix Shift Not Reconciled · 27 July 2026. In Jan 2026, management said more than 50% of AUM was contributed by non-GST partners, while the July 2026 call reported that almost 40% of AUM belonged to non-GST registered partners. This is a material change in the reported exposure to the GST-related payout savings and platform-consolidation opportunity, but the latest call did not reconcile the change. Every quote above is taken word for word from the company’s own earnings calls. ## What is Prudent Corporate Advisory Services management's track record? Capital allocation strong, forecast reliability weak, expectation-management misses, not value destruction. ### Regulatory and governance record

No SEBI/CBI/ED enforcement order or fraud allegation surfaced this fortnight; SEBI orders search returned no entity-specific hit. Sources:

- [pitchbook.com](https://pitchbook.com/profiles/company/132351-58)
- [sebi.gov.in](https://www.sebi.gov.in/sebiweb/home/HomeAction.do?doListing=yes&sid=2&ssid=9&smid=6)
- [indiainfoline.com](https://www.indiainfoline.com/company/prudent-corporate-advisory-services-ltd/directors-report)

(Checked 15 June 2026.)

## How much does Prudent Corporate Advisory Services earn on its equity and assets? We do not have a clean yearly return-on-equity history for Prudent Corporate Advisory Services Ltd. For an insurer in particular, the usual bank ratios do not fit, so this page does not force them or estimate a series. The revenue, margin and ownership sections show what this company does report. The quarterly return-on-equity and return-on-assets curves, which only the second data source has, are not shown on this page: its two data sources disagree by up to 5.3% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Prudent Corporate Advisory Services have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. Why this happened. Insurance revenue grew 18% FY26 despite a GST headwind (health commission repriced post-October 2025 zero-GST notification). Health fresh premiums growing 35% indicates underlying demand strength. The SIF (Systematic Investment Fund, essentially a stock SIP) is a new SEBI-approved category where Prudent has 1,000+ certified MFDs out of 6,000 total industry. SIF margins are in line with MFs, so AUM growth here flows directly to yield. PMS/AIF revenues grew 34-35% ex-discontinued LiquiLoans. These products will disproportionately drive margin expansion as they scale. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Prudent Corporate Advisory Services shareholding pattern? Domestic institutions cut their stake in Prudent Corporate Advisory Services Ltd by 1.0 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 22.9% of the company. Promoters moved −0.4 points over the same period, to 55.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −1.0 points over 8 quarters, to 22.9%; Promoters: −0.4 points over 8 quarters, to 55.3%; Foreign institutions: −0.1 points over 8 quarters, to 14.6%. Why the owners changed: domestic institutions drove it (−1.0 points). They reduced their stake. ## How far is Prudent Corporate Advisory Services from balance-sheet trouble? For Prudent Corporate Advisory Services Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Prudent Corporate Advisory Services rank in its industry? 63.9 out of 100, rank 1 of 6 in Finance - Capital Markets, with 69% of the evidence available. Prudent Corporate Advisory Services Ltd scores 63.9 out of 100 against the 6 companies it is compared with in Finance - Capital Markets, ranking 1. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. The four parts add up to the total exactly: 24.6 + 20.7 + 4.6 + 14 = 63.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Prudent Corporate Advisory Services compared with? Prudent Corporate Advisory Services ranks 1 of 6 Finance - Capital Markets companies on the 4-Factor Sector Score, with 63.9 out of 100. 1. Prudent Corporate Advisory Services Ltd this page PRUDENT · losing its lead · Evidence leans up · 69% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Income 21.9% · Profit 28.2% · 52% evidence Capital efficiency 20.7/25 · ROA 22.2% · ROE 28.6% · GNPA n/a · 68% evidence Valuation 4.6/20 · P/BV 11.43× · P/BV÷ROE 0.4 · 70% evidence Relative strength 14.0/20 · Lead over its industry 11.5% · Lead over NIFTY 500 6.3% · 1 year 10% · 100% evidence · 11 of 12 weeks ahead Exact sum: 24.6 + 20.7 + 4.6 + 14 = 63.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Central Depository Services (India) Ltd](https://www.sectoralpha.in/stocks/central-depository-services-indialtd) CDSL · turning · Evidence leans up · 69% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.2/35 · Income 16.1% · Profit 6.8% · 52% evidence Capital efficiency 17.8/25 · ROA 16.4% · ROE 24.5% · GNPA n/a · 68% evidence Valuation 3.0/20 · P/BV 13.31× · P/BV÷ROE 0.54 · 70% evidence Relative strength 16.5/20 · Lead over its industry 3.3% · Lead over NIFTY 500 -1.4% · 1 year -20.4% · 100% evidence · 6 of 12 weeks ahead Exact sum: 17.2 + 17.8 + 3 + 16.5 = 54.5 · What this means: Relative strength against the index is -1.4%, and revenue and profit growth are weak. 3. [Aditya Birla Money Ltd](https://www.sectoralpha.in/stocks/aditya-birla-money-ltd) BIRLAMONEY · basing · Evidence leans up · 73% evidence 53.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.3/35 · Income 22.1% · Profit -1.8% · 86% evidence Capital efficiency 13.4/25 · ROA 1.7% · ROE 22.7% · GNPA n/a · 72% evidence Valuation 20.0/20 · P/BV 1.84× · P/BV÷ROE 0.08 · 100% evidence Relative strength 8.3/20 · Lead over its industry n/a · Lead over NIFTY 500 -16.4% · 1 year -34.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 11.3 + 13.4 + 20 + 8.3 = 53 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 4. [Wealth First Portfolio Managers Ltd](https://www.sectoralpha.in/stocks/wealth-first-portfolio-managers-ltd) WEALTH · quiet · Too little evidence to rank firmly · 58% evidence 45.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.6/35 · Income 0% · Profit -11.1% · 45% evidence Capital efficiency 16.9/25 · ROA 15.5% · ROE 28.2% · GNPA n/a · 68% evidence Valuation 9.4/20 · P/BV 5.78× · P/BV÷ROE 0.2 · 100% evidence Relative strength 9.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -7.3% · 1 year -27.7% · 25% evidence · 0 of 12 weeks ahead Exact sum: 9.6 + 16.9 + 9.4 + 9.1 = 45 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [National Securities Depository Ltd](https://www.sectoralpha.in/stocks/national-securities-depository-ltd) NSDL · Too little evidence to rank firmly · 47% evidence 52.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/43.75 · Income 24.3% · Profit 9.3% · 45% evidence Capital efficiency 17.2/31.25 · ROA 8.7% · ROE 17.4% · GNPA n/a · 68% evidence Valuation 7.8/25 · P/BV 6.83× · P/BV÷ROE 0.39 · 70% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 27.4 + 17.2 + 7.8 = 52.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Centrum Capital Ltd](https://www.sectoralpha.in/stocks/centrum-capital-ltd) CENTRUM · basing · Too little evidence to rank firmly · 37% evidence 35.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.1/35 · Income 0.6% · Profit -80% · 19% evidence Capital efficiency 4.0/25 · ROA -1.3% · ROE -84.6% · GNPA n/a · 68% evidence Valuation 9.2/20 · P/BV 2.87× · P/BV÷ROE n/a · 40% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -20.9% · 1 year -44.7% · 25% evidence · 2 of 12 weeks ahead Exact sum: 15.1 + 4 + 9.2 + 7.5 = 35.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Finance - Capital Markets](https://www.sectoralpha.in/sectors/finance-capital-markets), all 6 compared on one page. ## Which companies are close to Prudent Corporate Advisory Services in size? Prudent Corporate Advisory Services is the 3rd largest of 6 Finance - Capital Markets companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Central Depository Services (India) and National Securities Depository. Just below it: Centrum Capital, Wealth First Portfolio Managers and Aditya Birla Money. ### Finance - Capital Markets companies close in size

1. [Central Depository Services (India) Ltd](https://www.sectoralpha.in/stocks/central-depository-services-indialtd) ₹26,397 crore
2. [National Securities Depository Ltd](https://www.sectoralpha.in/stocks/national-securities-depository-ltd) ₹16,124 crore
3. Prudent Corporate Advisory Services Ltd ₹11,643 crore
4. [Centrum Capital Ltd](https://www.sectoralpha.in/stocks/centrum-capital-ltd) ₹919 crore
5. [Wealth First Portfolio Managers Ltd](https://www.sectoralpha.in/stocks/wealth-first-portfolio-managers-ltd) ₹868 crore
6. [Aditya Birla Money Ltd](https://www.sectoralpha.in/stocks/aditya-birla-money-ltd) ₹594 crore

[All 6 Finance - Capital Markets companies, largest first](https://www.sectoralpha.in/sectors/finance-capital-markets#all-companies)

### Companies close in size in other industries

1. [Varroc Engineering Ltd](https://www.sectoralpha.in/stocks/varroc-engineering-ltd) ₹11,706 crore · Auto Ancillaries - Diversified
2. [Interise Trust](https://www.sectoralpha.in/stocks/interise-trust) ₹11,659 crore · Construction - Civil/Turnkey
3. Prudent Corporate Advisory Services Ltd ₹11,643 crore
4. [Vedant Fashions Ltd](https://www.sectoralpha.in/stocks/vedant-fashions-ltd) ₹11,628 crore · Textiles - Readymade Apparel
5. [Canara HSBC Life Insurance Company Ltd](https://www.sectoralpha.in/stocks/canara-hsbc-life-insurance-company-ltd) ₹11,534 crore · Finance - Insurance

## What else do people ask about Prudent Corporate Advisory Services? ### What is Prudent Corporate Advisory Services's share price today? Prudent Corporate Advisory Services Ltd's share price is ₹2,890.60, +13.1% over the past year. The whole company is worth ₹11,968 Cr on the market. In the last 52 weeks it traded between ₹2,215 to ₹3,502; today it is 53% of the way up from the low, 1.5% below its 200-day average (as of 3 November 2026). ### What were Prudent Corporate Advisory Services's latest quarterly results? Prudent Corporate Advisory Services Ltd reported total income of ₹389 Cr and net profit of ₹72.0 Cr for the Sep 2026 quarter. Income rose 21.6% and profit rose 33.3% compared with a year earlier. Earnings per share were ₹17.32 (as of 3 November 2026). ### What is Prudent Corporate Advisory Services's market cap? Prudent Corporate Advisory Services Ltd's market capitalisation is ₹11,968 Cr at a share price of ₹2,890.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Prudent Corporate Advisory Services performing? Prudent Corporate Advisory Services Ltd's share price has been rising for 24 weeks. In its latest quarter, income rose 21.6% and profit rose 33.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 3 November 2026). ### Will Prudent Corporate Advisory Services's share price go up? This page does not forecast Prudent Corporate Advisory Services Ltd's share price. What it shows instead: the share price is ₹2,890.60, and it has been rising for 24 weeks. Its P/BV of 11.8× is higher than 8% of its own last 4 years (as of 3 November 2026). ### Where is Prudent Corporate Advisory Services in its business cycle? Prudent Corporate Advisory Services Ltd's FY26 net margin was 16.6%, against a 8-year range of 9.3% to 19.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 18.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Prudent Corporate Advisory Services story? Biggest thing to watch: the price has already been rising for 24 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Prudent Corporate Advisory Services a stock worth studying right now? What the numbers show: Prudent Corporate Advisory Services Ltd's results are improving, while its P/BV is near the low end of its own history over 4.1 years, higher than only 8% of past readings. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Prudent Corporate Advisory Services share price forecast for 2026? What management itself guided: MF-PMS manufacturing licence expected by April 2027 framework start via wholly owned subsidiary route. What is changing at Prudent Corporate Advisory Services, from the latest results and calls: operating leverage inflection (aum scale), gst ter reform, structural competitive moat widening and market share gains (sip + equity net sales). What would change the story: Post-February 2026 SIP registrations decelerated; elevated termination rates from weak 2-year returns; the ₹1,200 Cr March SIP goal was silently abandoned. ### Where does this page get Prudent Corporate Advisory Services' management information? From Prudent Corporate Advisory Services' results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. This is research, not advice. We’re not SEBI-registered.