Prudent Corporate Advisory Services Limited — Investor Meet, 19-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Prudent Corporate Advisory’s AUM grew 25% YoY to INR100,061 Cr in FY ’25, propelled by strong net sales of INR12,606 Cr and SIP inflows of INR10,214 Cr. Q4 equity AUM dipped 2.6% QoQ due to markets, but monthly SIP rose 5% to INR981 Cr. FY ’25 revenue and PAT grew 40% and 42%, respectively, with a 64.1% commission payout reflecting a shift toward higher-cost partner channels. New products like PMS and AIF (AUM up 80% YoY at INR1,200 Cr) are offsetting the P2P lending exit. Insurance fresh premium surged 67% QoQ, boosting consolidated revenue. Management targets net equity sales near INR12,000 Cr in FY ’26, driven by SIPs and higher-yield new business, while partner channel now accounts for ~90% of AUM, balancing growth with commission impact. Tone remains confident on growth, diversification, and distribution expansion despite market challenges.