Prudent Corporate Advisory Services Ltd
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]
- Market Cap ₹ 10,062 Cr.
- Current Price ₹ 2,430
- High / Low ₹ 2,848 / 1,094
- Stock P/E 65.0
- Book Value ₹ 116
- Dividend Yield 0.08 %
- ROCE 43.3 %
- ROE 33.4 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 44.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.0%
Cons
- Stock is trading at 20.9 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.
Peer comparison
Sector: Stock/ Commodity Brokers Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
225 | 236 | 295 | 458 | 617 | 823 | 889 | |
185 | 188 | 225 | 335 | 436 | 612 | 676 | |
Operating Profit | 40 | 48 | 70 | 123 | 181 | 211 | 213 |
OPM % | 18% | 20% | 24% | 27% | 29% | 26% | 24% |
-1 | 0 | 0 | 0 | 2 | 1 | 22 | |
Interest | 3 | 3 | 2 | 3 | 2 | 2 | 2 |
Depreciation | 8 | 8 | 8 | 13 | 24 | 25 | 25 |
Profit before tax | 29 | 37 | 61 | 107 | 157 | 186 | 207 |
Tax % | 27% | 26% | 25% | 25% | 26% | 25% | |
21 | 28 | 45 | 80 | 117 | 139 | 155 | |
EPS in Rs | 203.37 | 269.45 | 438.27 | 19.40 | 28.18 | 33.51 | 37.40 |
Dividend Payout % | 22% | 1% | 1% | 5% | 5% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 41% |
TTM: | 37% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 45% |
3 Years: | 45% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 89% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 37% |
Last Year: | 33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 21 | 21 | 21 |
Reserves | 82 | 111 | 157 | 217 | 329 | 461 |
30 | 17 | 13 | 13 | 17 | 20 | |
80 | 66 | 115 | 148 | 152 | 255 | |
Total Liabilities | 193 | 196 | 285 | 399 | 519 | 757 |
24 | 27 | 26 | 174 | 164 | 153 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 7 | 6 | 21 | 39 | 143 | 246 |
162 | 162 | 238 | 185 | 212 | 357 | |
Total Assets | 193 | 196 | 285 | 399 | 519 | 757 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
13 | 50 | 58 | 93 | 120 | 150 | |
13 | -2 | -28 | -163 | -106 | -139 | |
-9 | -22 | -11 | -10 | -12 | -14 | |
Net Cash Flow | 16 | 26 | 19 | -81 | 3 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 126 | 61 | 85 | 75 | 61 | 63 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 126 | 61 | 85 | 75 | 61 | 63 |
Working Capital Days | 26 | -8 | -25 | -16 | -3 | -10 |
ROCE % | 33% | 41% | 52% | 51% | 43% |
Documents
Announcements
-
Outcome Of Board Meeting Held On October 4, 2024 As per Regulation 30 Of SEBI (LODR) Regulations, 2015
4 Oct - Change in designation of Mr. Chirag Shah to Non-Executive Director.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
30 Sep - Resignation of Mr. Dhiraj Poddar as Nominee Director.
-
Closure of Trading Window
28 Sep - Closure of trading window from October 1, 2024.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 27 Sep
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
26 Sep - Proceedings of 21st Annual General Meeting held.
Annual reports
Concalls
-
Aug 2024Transcript PPT
-
May 2024Transcript PPT REC
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Jul 2023Transcript PPT
-
May 2023Transcript PPT
-
Jan 2023Transcript PPT
-
Nov 2022TranscriptPPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
Jun 2022Transcript PPT
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]