Prudent Corporate Advisory Services Limited has informed the Exchange regarding Outcome of Board Meeting held on May 12, 2025.
PRUDENT · price
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On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 2.4 pts more 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 announced audited standalone and consolidated results for Q4 and FY ended March 31, 2025, with auditor Deloitte Haskins & Sells issuing an unmodified (clean) opinion on both sets of results. On a standalone basis, total income for FY25 stood at Rs. 99,480 lakhs versus Rs. 71,487 lakhs in FY24, while profit after tax rose to Rs. 15,658 lakhs from Rs. 11,050 lakhs — a sharp YoY jump. The Board recommended a final dividend of Rs. 2.50 per equity share (50% on face value of Rs. 5), totalling about Rs. 1,035 lakhs, subject to shareholder approval at the upcoming AGM. A new 'Prudent – ESOP 2025' scheme was approved, covering up to 16.5 lakh equity shares for eligible employees, alongside appointment of M/s M.C Gupta & Co. as secretarial auditor for five years (FY26–FY30) and re-appointment of Pramod Kumar Dad & Associates as internal auditor for FY26. Note: FY25 figures are after giving effect to the amalgamation of Prudent Broking Services Pvt Ltd with the company, so YoY growth is partly aided by the consolidation.
Strong YoY revenue and profit growth, healthy 50% dividend, and a clean audit opinion are positives for shareholders. However, much of the growth is on a like-for-like restated base following the broking subsidiary merger, so underlying organic growth is more modest. The new ESOP scheme may cause slight future dilution but is a standard employee retention tool.