Prudent Corporate Advisory Services Ltd

Prudent Corporate Advisory Services Ltd

₹ 1,630 0.38%
21 May - close price
About

Incorporated in 2003, Prudent Corporate Advisory Services Limited provides retail wealth management services. The company offers Mutual Fund products, Life and General Insurance solutions, Stock Broking services, SIP with Insurance, Gold Accumulation Plan, Asset Allocation, and Trading platforms.[1]

Key Points

Product Offerings
Company’s business consists of distribution of mutual funds, insurance policies, and other financial products like PMS, AIF, FDs bonds, unlisted equities, stockbroking solutions, loans against securities, NPS, structured products, etc. and Stock Broking services.[1]

  • Market Cap 6,676 Cr.
  • Current Price 1,630
  • High / Low 1,768 / 857
  • Stock P/E 63.6
  • Book Value 88.0
  • Dividend Yield 0.09 %
  • ROCE 43.0 %
  • ROE 33.3 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 31.8% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 33.3%

Cons

  • Stock is trading at 18.5 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
72 77 91 111 111 115 128 138 137 144 158 172 191
57 62 73 83 87 89 98 106 107 111 123 134 146
Operating Profit 15 15 18 27 24 26 30 32 30 33 34 38 45
OPM % 20% 20% 20% 25% 22% 23% 23% 23% 22% 23% 22% 22% 24%
3 2 3 1 1 0 1 2 2 3 3 3 4
Interest 0 0 0 1 0 0 0 0 0 0 0 0 0
Depreciation 2 2 2 4 4 5 5 6 6 5 6 6 6
Profit before tax 16 16 19 23 20 21 25 27 26 31 31 36 43
Tax % 26% 26% 26% 26% 22% 26% 25% 26% 25% 25% 25% 25% 25%
12 11 14 17 16 16 19 20 20 23 23 27 32
EPS in Rs 113.29 111.16 3.49 4.02 3.82 3.77 4.48 4.87 4.79 5.57 5.63 6.42 7.71
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
11 16 205 205 201 248 397 521 665
7 10 167 166 168 199 305 400 515
Operating Profit 4 6 39 39 34 49 92 121 151
OPM % 33% 35% 19% 19% 17% 20% 23% 23% 23%
0 0 0 -1 0 0 0 2 13
Interest 0 0 0 0 0 1 2 1 1
Depreciation 0 0 1 4 3 7 12 22 23
Profit before tax 3 5 38 34 31 42 78 100 140
Tax % 36% 35% 32% 25% 26% 26% 25% 26% 25%
2 3 26 26 23 31 59 74 105
EPS in Rs 21.60 34.80 247.29 248.65 221.36 301.95 14.17 17.91 25.33
Dividend Payout % 2% 3% 0% 18% 1% 1% 7% 8% 8%
Compounded Sales Growth
10 Years: %
5 Years: 27%
3 Years: 39%
TTM: 28%
Compounded Profit Growth
10 Years: %
5 Years: 32%
3 Years: 50%
TTM: 41%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 90%
Return on Equity
10 Years: %
5 Years: 31%
3 Years: 33%
Last Year: 33%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1 1 1 1 1 1 21 21 21
Reserves 6 9 64 85 108 137 176 246 344
0 0 1 0 0 8 10 13 15
4 5 45 28 30 45 65 81 122
Total Liabilities 11 15 111 114 139 192 272 360 502
1 1 9 16 16 23 169 158 147
CWIP 0 0 8 0 0 0 0 0 0
Investments 3 5 37 27 30 40 23 104 167
8 8 57 71 94 129 79 97 188
Total Assets 11 15 111 114 139 192 272 360 502

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
28 13 22 20 73 94 114
-10 15 -3 -6 -129 -84 -103
-1 -5 -1 -5 -6 -9 -12
Net Cash Flow 17 24 18 9 -63 0 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 124 115 54 35 36 44 40 40 44
Inventory Days
Days Payable
Cash Conversion Cycle 124 115 54 35 36 44 40 40 44
Working Capital Days 72 75 -20 -6 -2 10 4 6 12
ROCE % 63% 46% 32% 33% 45% 42%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
58.44% 58.43% 58.43% 58.43% 58.43% 58.43% 58.43% 58.43%
1.13% 0.75% 0.68% 1.16% 1.42% 3.81% 3.77% 12.11%
10.51% 11.54% 11.32% 9.79% 9.23% 15.67% 15.75% 15.69%
29.92% 29.27% 29.56% 30.61% 30.92% 22.09% 22.05% 13.77%
No. of Shareholders 27,66818,18317,34518,38619,75920,48522,65921,846

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents