Prudent Corporate Advisory Services Limited · NSE:PRUDENT
Prudent Corporate Advisory Services — Q4 FY2026 Earnings Presentation
53 slides from Prudent Corporate Advisory Services's earnings presentation, May 7, 2026
Slide 1: Exchange filing cover letter
Date: 07.05.2026 To, To, The National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051 Mumbai- 400 001 NSE EQUITY SYMBOL: PRUDENT SCRIPT CODE: 543527 ISIN: INE00F201020 Sub.: Investor Presentation
Slide 2: Investor Presentation Q4 FY2026
A diversifiedplay in wealthmanagement Investor Presentation Q4 FY202 6
Slide 3: Disclaimer
DISCLAIMER The data mentionedin the presentationprovidedfor general informationpurpose only. The informationcontainedin the presentationis accurate only as of the date it was originally issued. The figures mentionedin the data are roundedoff. Prudent Corporate Advisory Services Ltd(“Prudent”or the C
Slide 4: About Prudent Corporate Advisory Services
About Prudent Corporate Advisory Services Founded in 2003 & headquartered in Ahmedabad, Prudent Corporate Vision Advisory Services is one of India’s fastest -growing financial services To be the mostpreferredgroupin financialservices group. cateringto the masseswiththe helpof technology. Today, with
Slide 5: Key Management Leadership Team
Key Management Leadership Team Sanjay Shah Shirish Patel Chirag Shah Chirag Kothari Chairman & Managing Director CEO & Whole-time Director Non-Executive Director Chief Financial Officer Chartered Accountant with MBA in Finance & diploma in Fellow member of Institute of Qualified company secretary mo
Slide 6: Key Management Board Members
Key Management Board Members Karan Kailash Datta Shilpi Thapar Aniket Talati (Independent Director) (Independent Director) (Independent Director) With 10 years of experience in Holds a bachelor’s in law & Qualified CA & fellow member of asset management has been commerce, registered with Institute o
Slide 7: Our Journey so far
Our Journey so far 100 bn in 16 years First ₹ Next ₹1100 bn in around 10 years ▪ AUM – Crossed ₹ 1000 bn ▪ Listed on BSE & NSE ▪ AUM – ₹ 300 bn ▪ Launched Smallcase, Insurance & Bank Fixed ▪ 2019 – Launched Prudent Deposit on Fundzbazar. ▪ AUM - ₹ 200 bn Private Wealth ▪ Launched MTF in FB Broking ▪
Slide 8: Business Overview
Investor Presentation Q4 FY2026 Business Overview A diversified play in wealth management 7
Slide 9: Play on distribution of diverse financial products
Play on distribution of diverse Financial Products REVENUE STREAM NATURE OF REVENUE REVENUE - FREQUENCY Distribution of Commission from AMC Mutual Fund Products Distribution of Commission from Recurring Revenue CORPORATE PRUDENT Insurance Products Insurance companies Other Commission Financial Produ
Slide 10: Mutual Fund Distribution - A Dominant Pie of the Services
Mutual Fund Distribution - A Dominant Pie of the Services Mutual Funds Distribution AUM Growth CAGR of 35 % FY 21-2 6 In₹ Crs The companyfollowsan “open-source”distributionmodel,under 96.7% 96.8% Total AUM Equity to Total AUM 96.2% whichit distributesmutualfunds of AMCs irrespectiveof their affiliat
Slide 11: Other Financial Products - Insurance Leads the pack
Other Financial Products - Insurance Leads the pack Insurance Distribution Revenue growth CAGR of 34% FY22 -26 ₹ in crore Gennext- a wholly owned subsidiary is registered as an insurance broker for life Other Financial Products 212.4 and general insurance with IRDAI. It distributes insurance product
Slide 12: Diversification: Creating a Second Pillar of Growth
Diversification: “Creating a Second Pillar of Growth” FY20 FY20 FY25 FY26 2.0% 2.7% 8.2% 1.0% Increasing share of 11.5% 7.2% Insurance products from 7.2% in FY20 to MF Products 11.5% in FY26 MF Products Insurance Products Insurance Products Stock Broking & Stock Broking & Allied Services Allied Serv
Slide 13: Rationale & Strategy
Investor Presentation Q4 FY2026 Rationale & Strategy A diversified play in wealth management 12
Slide 14: Delivering Sustained Performance
Delivering Sustained Performance A complete ecosystem of Financial Products makes “PRUDENT corporate” a prudent choice for MFDs & Client’s A Strong Platform + A complete Eco System = A sustainable roadmap z Unique B2B2C business z model bridging the gap between AMCs, MFDs and Long Lasting retail cus
Slide 15: The Mutual Fund Route to Viksit Bharat @2047
The Mutual Fund Route to Viksit Bharat @2047 Gross Domestic Product (in ₹ trillion) Per Capita Income (in ₹ Lakh) 16.5 2492 330 112 2.1 Viksit Bharat @2047 is 0.8 being shaped by the shift from traditional savings to market-based investments. FY14 FY24 FY25 FY47 E FY14 FY24 FY25 FY47 E Mutual funds
Slide 16: Industry on an Upturn... But Long Runway Left
Industry on an Upturn... But Long Runway Left Mutual Fund AUM as a % to GDP Unique Investors in MF Industry (in millions) 20% 61.4 54.2 44.6 12% 33.7 37.7 9% 19.3 20.8 22.8 FY15 FY18 FY25 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Retail + HNI Assets in Overall MF AUM Flows through Syst
Slide 17: India's Mutual Fund Story: Same Road, Different Time
India’s Mutual Fund Story Same Road, Different Time Per Capita GDP Mutual Fund AUM 36329 2791 16.5 6965 12574 3 times 9 times 52 times 42 times 1.8 132 66 1980 2000 2024 2047 E 1980 2000 2025 2047 E USA (In USD) INDIA (In ₹ Lakh) USA (In USD Bn) INDIA (In ₹ Lakh crores) AUM as % of GDP No. of Invest
Slide 18: Individual Equity AUM: A Focus Area for Prudent
Individual Equity AUM: A Focus Area for Prudent Total AUM 73.73 Equity + Hybrid AUM Other + Solution-oriented AUM Debt AUM 77.20% 22.70% 42.32 14.60 16.74 Individual Non-Individual Individual Non-Individual Individual Non-Individual AUM AUM AUM AUM AUM AUM 37.12 5.21 4.61 9.99 3.83 12.90 Regular AUM
Slide 19: Individual Equity AUM: A Focus Area for Prudent
Individual Equity AUM: A Focus Area for Prudent Total AUM 100 Equity + Hybrid AUM Other + Solution-oriented AUM Debt AUM 57.40 19.80 22.70 Individual Non-Individual Individual Non-Individual Individual Non-Individual AUM AUM AUM AUM AUM AUM 50.34 7.06 6.26 13.54 5.20 17.50 Regular AUM Regular AUM Re
Slide 20: AUM Journey: A structural Growth story
AUM Journey A structural Growth story Total AUM Equity to Total AUM Equity AUM >95% 1,19,304 Prudent’s AUM grew at CAGR Equity of 34%, versus Industry’s AUM <75% 96.2% 96.7% 92.6% 93.5% 96.8% 21% from 2016 -2026 85.8% 87.7% 1,03,515 83.5% 82.6% 74.6% 71.2% 83,384 Prudent’s Equity AUM grew at a CAGR
Slide 21: Decadal Growth
Decadal Growth Partners Customers Total AUM ( ₹ cr) 36880 119304 2071000 4292 262591 6567 Mar-16 Mar-26 Mar-16 Mar-26 Mar-16 Mar-26 Equity AUM ( ₹ cr) Monthly SIP Book ( ₹ cr) Number of Live SIPs (in lacs) 37.54 115479 1188 4678 68 3.09 Mar-16 Mar-26 Mar-16 Mar-26 Mar-16 Mar-26 A diversified play in
Slide 22: Scaling Faster: Prudent's Alpha in AUM Growth of MFDs
Scaling Faster Prudent’s Alpha in AUM Growth of MFD’s Regular AUM - Industry ( ₹ in Crore) Total AUM – Prudent ( ₹ in Crore) 29,37,107 83,408 5,82,500 3,739 (5 times) (22 times) MAR - 14 MAR -24 MAR - 14 MAR -24 AUM Growth of Industry's top 1000 MFDs* ( of 2024) ** AUM Growth of Prudent's Top 1000 M
Slide 23: Scaling Faster: Prudent's Tech Alpha Accelerating MFD Growth
Scaling Faster Prudent’s Tech Alpha Accelerating MFD’s Growth Contribution of FundzBazar in AUM (%) 10 Year Growth Rate (%) 72% 45% 67% 61% 40% 38% 55% 37% 52% 30% 1-200 201-400 401-600 601-800 801-1000 1-200 201-400 401-600 601-800 801-1000 Clients Per MFD (Nos) AUM Per MFD ( ₹ Cr) 730 79.9 420 291
Slide 24: Overcoming Hurdles: How Prudent Drives MFD Productivity
Overcoming Hurdles How Prudent Drives MFD’s Productivity What are the Root Causes Solving Issues with Fundzbazar, Prudent Partner Desk, and Expert RMs Paperless Platform Query Marketing Solutions Tools Support Fundzbazar, Partner Desk & Expert RMs Client Diverse Behaviour Product Insights Suite Auto
Slide 25: AI-Powered Business Management Tool for MFDs
AI-Powered Business Management Tool for MFDs Edge+ is the Intelligence Quotient (IQ) that, coupled with a partner's Emotional Quotient (EQ), drives business growth and saves time. PLATFORM MODULES Goal Planning Business Edge Marketing Engine Research Module Client Reports FAQs Goal Planning Business
Slide 26: Vintage of Prudent AUM vs Industry
Vintage of Prudent AUM vs Industry Prudent Individual Equity AUM staying invested for more than 24 months is higher by 340 basis points Versus Industry Categorization of Individual Equity AUM as per Vintage Prudent 62.9%* Industry 59.5% 22.4% 20.2% 16.9% 18.2% Holding Period of < 12 Months Holding P
Slide 27: Prudent Equity AUM Growing Faster than Industry
Prudent Equity AUM Growing Faster than Industry Values Rebased to 100 1.27 1.30 1.30 1.35 1.28 Equity AUM-Industry 1.92 Equity AUM-Prudent 1.3 1.07 764 721 1.0 703 694 Growing at a pace higher 646 636 617 than the industry led by 579 1.05 organic and inorganic 500 465 570 route 411 535 539 372 496 5
Slide 28: How Prudent Bridged the GAP with Biggies in the last Decade
How Prudent Bridged the GAP with Biggies in the last Decade Peers commission income compared to Prudent (Value rebased to 100) Peers in FY15 in FY25 HDFC Bank Limited 470 100 Axis Bank Limited 440 70 NJ IndiaInvestPvt Ltd 430 250 Kotak Mahindra Bank Limited 370 40 ICICI Bank Limited 360 50 ICICI Sec
Slide 29: Consistent Growth Through All Market Phases
Consistent Growth Through All Market Phases How Prudent Stays Ahead ? % of Total Average Average Average Prudent Average Industry Return (YoY %) Months Monthly Nifty500 Nifty50 Equity AUM Equity AUM Observations Return % Return% Growth % Growth % Less than 0% 42 23.33% -8.0% -6.5% 11.4% 1.2% 63% of
Slide 30: Factors Behind AUM Growth
Factors Behind AUM Growth SIPs Providing Stability to Net Flows Contribution of Net Sales & M2M in AUM Movement Gross Equity Flows through SIPs is providing stability to net sales with the same (Ex -Acquisitions) growing at a CAGR of 33% FY21-26 & now almost every second rupee of flows comes The AUM
Slide 31: Prudent Becomes Fourth Largest Mutual Fund Distributor in FY25
Prudent Becomes Fourth Largest Mutual Fund Distributor in FY25 Total Commission (Lacs) Name of the ARN Holder 2016 -17 2017 -18 2018 -19 2019 -20 2020 -21 2021 -22 2022 -23 2023 -24 2024 -25 Commission of MFDs 500041 854974 793760 614654 661575 1042023 1207170 1485347 2110687 per AMFI Data Growth 36
Slide 32: MFDs remain Backbone for the Company's Journey so Far
MFDs remain Backbone for the Company’s Journey so Far Our value proposition has led to No. of MFDs increased participation and a long -standing relationship with MFDs 36880 No of Individual + Corporate ARNs in 33308 India stood at 1,98,873# with every 29605 fifth MFD working with Prudent. Client 237
Slide 33: Productivity of MFD Increases Once they Cross the Rs 10 Crore Mark
Productivity of MFD Increases Once they Cross the Rs 10 Crore Mark No of MFDs Average Gross Sales Per Client* Average Value of New SIPs Added Average AUM per Client* Per Client* 9,24,615 34,660 2,60,877 4,801 3,310 1,08,093 3,38,839 2,220 MFDs > 10 crore MFDs < 10 crore MFDs > 10 crore MFDs < 10 cro
Slide 34: MFDs - Diversity bring Sustainability & Stability
MFDs - Diversity bring Sustainability & Stability Deconcentrating The MFDs share MFDs Combining with Insurance Top 100 MFDs Top 50 Common for Insurance 3.18% Top 10 13,386 36,880 Insurance POS 14.71% 9.46% Value proposition offered to MFDs helps increase the MFDs pie every A large MFD base & a multi
Slide 35: Geographical presence – Playing on Tier I & II cities
Geographical presence – Playing on Tier I & II cities Getting growth from uncharted and underpenetrated markets Prudent is one of the very few national distributors (non -bank) with a Our INVESTORS are present across INDIA presence in the B-30 market, catering to retail investors. This geography is
Slide 36: A SIP Led Equity AUM Bringing Stability to Net Flows
A SIP Led Equity AUM Bringing Stability to Net Flows SIP Led AUM Provides Continuity As on Mar-26, AUM from the mutual fund business Gross Inflow via SIPs ( ₹ cr) SIP AUM as % of Equity AUM stood at Rs.1,19 ,304 Cr with 96.8% of total AUM being Gross Inflow via SIPs % as Gross Eq Inflows equity-orie
Slide 37: Statistics on Systematic Investment Plans (SIPs)
Statistics on Systematic Investment Pan (SIPs) How Many Investors in Prudent do SIPs Customer Profiling: Below 45 Age Group Investors Helping to Build Granular Book No Live SIP Particulars No. of Total Equity Non- No of Live SIP 8.0% Only 1 SIP Investors AUM Equity Live SIP Amount <25 6.5% 3.4% 3.3%
Slide 38: All Roads Lead to Profitability
All Roads Lead to Profitability Consistent track record of profitable growth due to highly scalable, asset -light and cash generative business model. Despite the regulatory changes*, Total Revenue Total Revenue from Operations ( ₹ Cr) Total Operating Expenditure ( ₹ Cr) # from Operations has grown a
Slide 39: Financials At Glance
Financials At Glance In ₹ cr. Total AUM ( ₹ cr) Revenue & YoY Growth % EBITDA & Margin (%) Revenue Growth EBITDA EBIDTA Margin % 119304 57.1% 103515 28.4% 25.6% 24.0% 83384 23.8% 23.6% 37.1% 21.6% 35.6% 31.7% 56189 49473 22.1% 19.4% 30846 310 262 451 173 193 287 611 805 1,104 1,317 62 115 FY21 FY22
Slide 40: Strategic Acquisitions
Strategic Acquisitions Healthy Cash flows led to the acquisition of Mutual Fund AUM of Karvy Stock Broking Limited in all Cash deal Strategic Acquisition KPIs (as on acquisition date) Prudent selected as the highest bidder by the Joint Committee of Exchanges Total AUM of Equity Component Live SIPs:
Slide 41: Strategic All-Cash Acquisition of Indus Capital (Pune)
Strong Cash Flows Support Strategic All -Cash Acquisition of Indus Capital (Pune) Indus Capital’s clients will transition to Fundzbazar, Mutual Fund AUM ₹2,104 crore gaining access to a wider product basket and a smoother, more reliable technology platform. PMS - AIF AUM ₹145 crore The acquisition a
Slide 42: Shareholding Pattern
Investor Presentation Q4 FY2026 Shareholding Pattern A diversified play in wealth management 41
Slide 43: Shareholding pattern
Shareholding pattern SHAREHOLDING PATTERN –31st March 2026 Institution Names As a % to Overall Shareholding Promoters Zulia Investments Pte Ltd (Temasek Group) 6.69% Non-Institutions DSP Investment Managers Pvt Ltd 5.64% FII Kotak Mahindra Asset Management Company Ltd 5.29% DII T Rowe Price 2.07% Ni
Slide 44: Results Highlights
Investor Presentation Q4 FY2026 Results Highlights A diversified play in wealth management 43
Slide 45: Q4 FY2026 - Result Highlights
Q4 FY2026 - Result Highlights Crossed Equity Net Sales in FY2026 at March SIP Book Stands GI Fresh Premiums up ₹1200 billion by 31.6% YoY Rs 13,911 crore at ₹1,188 crore AUM mark 13.9% of Opening Equity AUM. Consolidated revenue Consolidated EBITDA Consolidated PAT up by 27.4% YoY up by 35.3% YoY up
Slide 46: Q4 FY2026 - Result Highlights - Consolidated
Q4 FY2026 - Result Highlights - Consolidated In ₹ cr. Revenue & YoY Growth % EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 360.6 93 70 59.1 283.0 60 68.7 51.7 25.8% 24.3% 50 27.4% 35.3% 14.3% 40 18.3% 16.4% 30 20 10 0 Q4 FY2025 Q4 FY2026 Q4 FY2025 Q4 FY2026 Q4 FY2025 Q4 FY2026 A diversified play i
Slide 47: Q4 FY2026 - AUM Change
Q4 FY2026 - AUM Change Daily Average AUM of FY 2026 vs Quarterly Avg AUM ( ₹ cr) Closing AUM of FY 26 and Current AUM 140000 127601 128020 128020 133050 120000 9.7% 121263 119305 101764 100000 QoQ YoY -1.6% 0.3% 80000 25.8% 60000 40000 20000 0 Daily Average Closing AUM as Latest Closing Q3 FY2026 Q4
Slide 48: Equity - AUM Movement
Equity - AUM Movement Change in Equity AUM YoY ( ₹ cr) Change in Equity AUM QoQ ( ₹ cr) 4298 -14549 125730 -547 2053 115479 3.4% 115479 13911 -546 -14549 -11.6% -0.50% 2.1% 100061 13.9% Net Sales Indus Acquisition Mar-25 M2M Impact Mar-26 Dec-25 Net Sales M2M Impact Mar-26 A diversified play in weal
Slide 49: Q4 FY2026 - Equity & SIP
Q4 F Y2026 - Equity & SIP Market Share in Equity AUM Ex ETF of Prudent Equity Oriented AUM % of Total AUM 2.60% 2.61% 96.7% 96.7% 96.8% 2.52% Mar-25 Dec-25 Mar-26 Mar-25 Dec-25 Mar-26 Monthly SIP Flow ( ₹ cr)and Market Share (%) Equity Gross SIP Inflow( ₹ cr) as a % of Gross Equity Inflows 3.6%* 3.5
Slide 50: Emerging Segment - Insurance
Emerging Segment - Insurance Life Insurance Life Insurance ₹ 238.4 Crore ₹ 49.8 Crore Total Premium Fresh Premium ₹ 308.9 Crore ₹ 72.8 Crore General Insurance General Insurance ₹ 70.6 Crore ₹ 22.9 Crore Life Insurance ₹ 40.5 Crore Total Commission ₹ 56.9 Crore General Insurance ₹ 16.4 Crore For Quar
Slide 51: Treasury Book Breakup
Treasury Book Breakup Total Investments: 584.8 crores Breakdown of Total Investments Breakdown of Mutual Fund Portfolio Hybrid SIF Debt AIF, 17.1% Direct 1.8% Equity MF Equity 0.1% 2.0% FD & Bonds 9.8% Debt & Arbitrage 61.6% Mutual Hybrid MF Funds and 19.3% SIFs 88.2% As on 31st March 2026 As on 31s
Slide 52: Consolidated - Q4 FY26
Consolidated - Q4 FY26 Consolidated (in crore) 4QFY26 3QFY26 QoQ (%) 4QFY25 YoY (%) FY26 FY25 YoY (%) Quarterly Average AUM 128020 127601 0.3% 101764 25.8% 121263 99678 21.7% Total Commission and Fee Income from (a+b+c+d ) 357.9 340.7 5.1% 281.0 27.4% 1306.5 1095.9 19.2% Distribution of Mutual Fund
Slide 53: Thank You
Thank You PrudentCorporateAdvisory Services Ltd Mr.ManojSaha prudent@dickensonworld.com Mr.Parth Parekh parth.parekh@prudentcorporate.com e-mail:prudent@dickensonworld.com e-mail:parth.parekh@prudentcorporate.com Mob:9819860835 Mob:9819878413 www.prudentcorporate.com www.prudentcorporate.com https:/
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