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Prudent Corporate Advisory Services Reports 42.4% Rise in Q2 FY27 Operating Profit and Records ₹4,138 Crore Equity Net Sales

Total revenue grows 21.6% YoY to ₹388.7 crore, with equity mutual fund market share increasing to 3.7% in September 2026

Prudent Corporate Advisory Services Limited reported a 42.4% year-on-year increase in operating profit to ₹102.8 crore for Q2 FY27, driven by a 21.6% rise in total revenue to ₹388.7 crore. The company recorded its highest-ever equity net sales of ₹4,138 crore and saw a 17% growth in its monthly SIP book, boosting its equity mutual fund market share to 3.7%.

22 hours ago|PRUDENT-2.49%
Prudent Corporate Advisory Services LimitedPRUDENTGeneral / Other

Prudent Corporate Advisory Services Limited

General / Other

Prudent Corporate Advisory Services Limited announced a 42.4% year-on-year increase in operating profit to ₹102.8 crore for the quarter ended September 2026, supported by a 21.6% rise in total revenue to ₹388.7 crore and record equity net sales of ₹4,138 crore.

Revenue growth was driven by a 20.7% increase in the mutual fund business's quarterly average assets under management and a 46.0% growth in the insurance business.

Operating profit margin expanded by 390 basis points year-on-year to 26.4%, aided by controlled costs and strong revenue.

Profit after tax increased by 33.9% year-on-year to ₹71.7 crore, with other income affected by mark-to-market reversals during the quarter.

Prudent's monthly systematic investment plan book grew 17% year-on-year to ₹1,272 crore in September 2026, outpacing industry growth and raising market share to 3.7% from 3.5% a year earlier.

The Specialized Investment Fund business showed notable growth with partners increasing from 1,323 to 1,792 in the previous quarter and assets under management reaching ₹900 crore.

Highlights

  • Operating profit rose 42.4% YoY to ₹102.8 crore in Q2 FY27.
  • Total revenue from operations increased 21.6% YoY to ₹388.7 crore.
  • Equity net sales hit a record ₹4,138 crore during the quarter.
  • Monthly SIP book grew 17% YoY to ₹1,272 crore by September 2026.
  • Equity mutual fund market share increased to 3.7% from 3.5% year-on-year.
  • Specialized Investment Fund partners grew to 1,792, with AUM hitting ₹900 crore.

Key Data Snapshot

Operating Profit Q2 FY27₹102.8 crore
Operating Profit Growth YoY42.4%
Revenue from Operations Q2 FY27₹388.7 crore
Revenue Growth YoY21.6%
Profit After Tax Q2 FY27₹71.7 crore
Profit After Tax Growth YoY33.9%
Equity Net Sales Q2 FY27₹4,138 crore
Monthly SIP Book September 2026₹1,272 crore
Monthly SIP Book Growth YoY17%
Equity Mutual Fund Market Share September 20263.7%
Market Share Year Ago3.5%
SIF Partners Previous Quarter1,323
SIF Partners Current Quarter1,792
SIF Assets Under Management₹900 crore

What happened

  • Prudent Corporate Advisory Services reported a 42.4% year-on-year increase in operating profit for Q2 FY27 to ₹102.8 crore.
  • Total revenue grew 21.6% year-on-year to ₹388.7 crore, supported by growth in mutual fund and insurance businesses.
  • Equity net sales reached a record high of ₹4,138 crore during the quarter.

Key details

  • Operating profit margin expanded 390 basis points year-on-year to 26.4%.
  • Profit after tax increased 33.9% year-on-year to ₹71.7 crore despite mark-to-market reversals impacting other income.
  • Monthly SIP book grew 17% year-on-year to ₹1,272 crore in September 2026, increasing equity mutual fund market share to 3.7% from 3.5%.

Strategic context

  • The company's Specialized Investment Fund (SIF) business is a key growth driver with partners rising from 1,323 to 1,792 in the last quarter and AUM reaching ₹900 crore.
  • Prudent expanded its distribution network by adding 3,541 channel partners in the first half of FY27, nearly 30% more than the previous year.
  • Prudent continues to invest in expanding its branch network and is evaluating acquisition opportunities.

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Prudent Corporate Advisory Services Reports 42.4% Rise | Stockk News