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Prudent Corporate Advisory Services Q2 FY27 results: net profit up 33.9% to ₹71.70 crore, revenue up 21.6%
Prudent Corporate Advisory Services Limited reported consolidated revenue of ₹388.73 crore in Q2 FY27, up 21.6% from Q2 FY26 and 11.8% from Q1 FY27. EBITDA rose to ₹102.79 crore and the margin widened to 26.4%, while net profit declined 4.1% sequentially to ₹71.70 crore as other income fell.
Key points
- Revenue was ₹388.73 crore in Q2 FY27, up ₹68.94 crore or 21.6% year on year and ₹41.10 crore or 11.8% sequentially.
- EBITDA was ₹102.79 crore, up ₹30.62 crore or 42.4% from Q2 FY26; the EBITDA margin increased 3.8 percentage points to 26.4%.
- Net profit was ₹71.70 crore, up ₹18.16 crore or 33.9% from Q2 FY26 but down ₹3.06 crore or 4.1% from Q1 FY27.
- Basic EPS was ₹17.32, up ₹4.39 or 34.0% from Q2 FY26 and down ₹0.73 or 4.0% sequentially.
- H1 FY27 revenue was ₹736.36 crore and net profit was ₹146.45 crore, up 20.0% and 39.1% from H1 FY26.
How did Prudent Corporate Advisory Services perform in Q2 FY27?
Prudent Corporate Advisory Services reported consolidated revenue of ₹388.73 crore for Q2 FY27, up ₹68.94 crore or 21.6% from Q2 FY26 and ₹41.10 crore or 11.8% from Q1 FY27. EBITDA was ₹102.79 crore, compared with ₹72.17 crore a year ago and ₹89.07 crore in the previous quarter. The EBITDA margin increased 3.8 percentage points year on year to 26.4% and rose 0.8 percentage points sequentially.
Consolidated net profit was ₹71.70 crore, up ₹18.16 crore or 33.9% from Q2 FY26 but down ₹3.06 crore or 4.1% from Q1 FY27. Basic EPS was ₹17.32, against ₹12.93 a year ago and ₹18.05 in the previous quarter. PBT was ₹96.07 crore, up ₹24.14 crore or 33.6% from Q2 FY26 and down ₹4.16 crore or 4.2% sequentially.
On the standalone basis, revenue was ₹377.93 crore and net profit was ₹69.77 crore. Standalone revenue was up 23.0%, while PBT was ₹51.21 crore, against consolidated revenue of ₹388.73 crore, net profit of ₹71.70 crore and PBT of ₹96.07 crore.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 388.73 | 347.63 | 319.79 | +21.6% | +11.8% |
| Other income | 3.80 | 20.83 | 8.17 | −53.5% | −81.8% |
| Total expenses | 296.46 | 268.23 | 256.03 | +15.8% | +10.5% |
| EBITDA | 102.79 | 89.07 | 72.17 | +42.4% | +15.4% |
| EBITDA margin | 26.4% | 25.6% | 22.6% | +3.8 pp | +0.8 pp |
| Profit before tax | 96.07 | 100.23 | 71.93 | +33.6% | −4.2% |
| Tax | 24.38 | 25.47 | 18.40 | +32.5% | −4.3% |
| Net profit | 71.70 | 74.76 | 53.54 | +33.9% | −4.1% |
| EPS (₹) | 17.32 | 18.05 | 12.93 | +34.0% | −4.0% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Prudent Corporate Advisory Services' costs and profit?
Total expenses were ₹296.46 crore in Q2 FY27, up ₹40.43 crore or 15.8% from Q2 FY26. Employee cost rose ₹10.13 crore or 30.7% to ₹43.08 crore, finance costs increased ₹1.03 crore or 141.1% to ₹1.76 crore, depreciation rose ₹1.08 crore or 14.1% to ₹8.76 crore, and other expenses increased ₹7.24 crore or 29.8% to ₹31.54 crore. There was no exceptional item.
Other income was ₹3.80 crore, down ₹4.37 crore or 53.5% from Q2 FY26 and ₹17.03 crore or 81.8% from Q1 FY27. Management said higher bond yields caused a mark-to-market drag on the debt portfolio, while the hybrid portfolio also reversed an earlier mark-to-market gain. Tax expense was ₹24.38 crore, up ₹5.98 crore or 32.5% year on year and down ₹1.09 crore or 4.3% sequentially.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 43.08 | 32.95 | +10.13 | +30.7% |
| Finance costs | 1.76 | 0.73 | +1.03 | +141.1% |
| Depreciation | 8.76 | 7.68 | +1.08 | +14.1% |
| Other expenses | 31.54 | 24.30 | +7.24 | +29.8% |
| Total expenses | 296.46 | 256.03 | +40.43 | +15.8% |
| Other income | 3.80 | 8.17 | −4.37 | −53.5% |
| Tax | 24.38 | 18.40 | +5.98 | +32.5% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
For H1 FY27, Prudent Corporate Advisory Services reported revenue of ₹736.36 crore, up ₹122.81 crore or 20.0% from H1 FY26, and total income of ₹760.99 crore, up ₹129.0 crore or 20.4%. PBT was ₹196.3 crore, up ₹54.78 crore or 38.7%, while net profit was ₹146.45 crore, up ₹41.13 crore or 39.1%.
H1 FY27 basic EPS was ₹35.37, up ₹9.94 or 39.1% from H1 FY26. The company also filed an investor presentation with its results, which stated that AUM crossed ₹1,400 billion and highlighted margin expansion.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 736.36 | 613.55 | +20.0% |
| Profit before tax | 196.30 | 141.52 | +38.7% |
| Net profit | 146.45 | 105.32 | +39.1% |
| EPS (₹) | 35.37 | 25.43 | +39.1% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
At 30 September 2026, total assets were ₹1,346.89 crore, compared with ₹1,224.44 crore at 31 March 2026. Total equity was ₹1,017.14 crore, against ₹882.72 crore at the previous balance-sheet date, while cash was ₹20.67 crore compared with ₹13.08 crore. Borrowings were not reported in the figures provided.
H1 FY27 operating cash flow was ₹127.48 crore, against ₹117.46 crore in H1 FY26. Investing cash flow was negative ₹98.61 crore compared with negative ₹91.43 crore, financing cash flow was negative ₹21.28 crore compared with negative ₹16.06 crore, and capital expenditure was ₹7.26 crore against ₹3.32 crore.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 1,347 | 1,224 |
| Total equity | 1,017 | 882.72 |
| Cash and equivalents | 20.67 | 13.08 |
| Inventories | 0 | 0 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 127.48 | 117.46 |
| Cash from investing | −98.61 | −91.43 |
| Cash from financing | −21.28 | −16.06 |
| Capital expenditure | 7.26 | 3.32 |
Source: Company's results filing (XBRL).
How has Prudent Corporate Advisory Services done over the last 8 quarters?
Revenue rose in each of the last eight quarters on a year-on-year basis, while profit also rose year on year in each of the last eight quarters. Quarterly revenue reached its highest level in the series at ₹388.73 crore in Q2 FY27, following ₹360.59 crore in Q4 FY26, while net profit was ₹71.70 crore after peaking at ₹74.76 crore in Q1 FY27.
The EBITDA margin increased to 26.4% in Q2 FY27 from 25.6% in Q1 FY27 and reached its lowest level in the reported series at 22.6% in Q2 FY26. Revenue fell from ₹360.59 crore in Q4 FY26 to ₹347.63 crore in Q1 FY27 before rising to ₹388.73 crore, while net profit also dipped from ₹59.11 crore to ₹74.76 crore in Q1 FY27 and eased to ₹71.70 crore.
What else did the company announce?
The board also approved the allotment of 1,190 equity shares of ₹5 each at an exercise price of ₹2,632 each under the ESOP–Prudent Employee Stock Option Scheme 2025. The same-day filings approved the un-audited standalone and consolidated results for the quarter and half year ended 30 September 2026 and included the statement of assets and liabilities, cash-flow statement and limited-review reports. No dividend was stated in the same-day filings.
What did Prudent Corporate Advisory Services' management say?
Management said regulation permits charging up to 1% on mutual fund PMS, close to the current 80–90 bps mutual-fund realisation, and it does not expect a drop in margin. It said insurance revenue grew 35% sequentially, with fresh premium up 54% in general insurance and 37% in life insurance; insurance contributes roughly 12% of profit, but management declined quantified guidance until final rules on proposed IDE commissions are issued.
How did Prudent Corporate Advisory Services shares react?
The stock rose 0.5% within five minutes of the filing appearing and was up 2.5% on the reaction day from its pre-results close of ₹2,972.9. It fell 0.7% by 30 minutes. By the next day’s close, the stock was up 0.5% from the pre-results close, and by the fifth session it was up 1.1%.
The Capital Markets industry median was up 0.1% on the reaction day, 0.8% by the next close and 2.6% by the fifth close. Prudent’s relative move was 2.4 percentage points above the industry median on the reaction day, 0.3 percentage points below it by the next close and 1.4 percentage points below it by the fifth close. Earlier reaction-day moves ranged from a 16.2% rise on 30 October 2024 to a 15.2% fall on 27 January 2025.
| After the filing | Stock | Capital Markets median |
|---|---|---|
| 5 minutes | +0.5% | |
| 15 minutes | +0.2% | |
| 30 minutes | −0.7% | |
| Reaction day | +2.5% | +0.1% |
| Next day | +0.5% | +0.8% |
| 5 days | +1.1% | +2.6% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 25 July 2026 | −1.3% |
| 7 May 2026 | −2.7% |
| 28 January 2026 | +0.5% |
| 4 November 2025 | −2.1% |
| 30 July 2025 | −4.2% |
| 12 May 2025 | +3.6% |
| 27 January 2025 | −15.2% |
| 30 October 2024 | +16.2% |
Source: MarketPing price-reaction measurement.
Quick answers
What was Prudent Corporate Advisory Services' revenue in Q2 FY27?
Revenue from operations was ₹388.73 crore, up 21.6% from ₹319.79 crore in Q2 FY26 (consolidated).
Did Prudent Corporate Advisory Services make a profit in Q2 FY27?
Yes. Net profit was ₹71.70 crore, against a net profit of ₹53.54 crore in Q2 FY26.
What was Prudent Corporate Advisory Services' EPS in Q2 FY27?
Basic earnings per share were ₹17.32, against ₹12.93 in Q2 FY26.
How did Prudent Corporate Advisory Services shares react to the Q2 FY27 results?
On the reaction day the stock moved +2.5% from the previous close; the median Capital Markets stock moved +0.1%.
When did Prudent Corporate Advisory Services announce its Q2 FY27 results?
On 28 October 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Unaudited Standalone And Consolidated Financial Results (BSE, 23 October 2026) · PDF
- Board Meeting Outcome for Outcome Of Board Meeting Held On 28Th October, 2026 (BSE, 28 October 2026) · PDF
- Financial Results For September 30, 2026 (BSE, 28 October 2026) · PDF
- The earnings call (2 November 2026)
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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