Outcome of Board Meeting held on 07th May, 2026.
PRUDENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 2.5 pts less than its Capital Markets peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Prudent Corporate Advisory Services reported strong FY2026 results with consolidated revenue growing 19.4% to ₹1,31,733 lakhs and profit after tax rising 13.5% to ₹22,205 lakhs. Standalone performance was even stronger with PAT growth of 38.3% to ₹21,660 lakhs and revenue up 29.1% to ₹1,28,445 lakhs. The Board approved a final dividend of Rs. 3.50 per share (70%) subject to shareholder approval. Auditors Deloitte Haskins & Sells issued clean (unmodified) opinions on both standalone and consolidated results. Key corporate actions include re-appointment of internal auditor and appointment of Mr. Chirag Shah as Non-Executive Non-Independent Director effective July 2026. The company also completed acquisition of Indus Capital's mutual fund distribution business in October 2025 for ₹12,375 lakhs.
The strong 38% standalone PAT growth and clean audit opinions are positive signals for shareholders. The dividend declaration and acquisition of Indus Capital demonstrate continued shareholder value creation and business expansion. The EBITDA margin compression of ~1 percentage point warrants monitoring.