The Board have recommended a final dividend of Rs.2.50/- per equity share of face value of Rs.5/- each for the financial year 31.03.2025
Awaiting price reaction for this filing.
Prudent Corporate Advisory Services' Board met on May 12, 2025 and approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. The Board recommended a final dividend of Rs. 2.50 per equity share (face value Rs. 5), translating to a total payout of about Rs. 1,035.17 lakhs on 4.14 crore shares, subject to shareholder approval. On a standalone basis, total income rose sharply to Rs. 99,480 lakhs (vs Rs. 69,391 lakhs in FY24, up ~43%), and profit after tax climbed to Rs. 15,658 lakhs (vs Rs. 11,050 lakhs, up ~42%). Statutory auditor Deloitte Haskins & Sells issued an unmodified (clean) opinion on the results. The Board also approved the 'Prudent – Employee Stock Option Scheme 2025' covering up to 16.50 lakh equity shares, appointed M/s M.C Gupta & Co. as secretarial auditor for five years (FY26–FY30), and re-appointed the internal auditor for FY26. Results include the merged entity of the wholly-owned subsidiary Prudent Broking Services Pvt Ltd, effective from the appointed date of April 1, 2023.
The 50% final dividend signals strong cash generation and rewards shareholders despite the negative net financing cash flow of Rs. 1,362 lakhs. Robust ~43% income growth and clean audit opinion are positives for the stock; the new ESOP scheme may cause marginal future dilution but is aimed at retaining talent.