Prudent Corporate Advisory Services Ltd has reported robust financial growth for the year ended March 31, 2026. The company achieved a consolidated net profit of ₹22,205.25 lakh, marking a significant increase from the previous year. Driven by this strong performance, the Board of Directors has recommended a final dividend of ₹3.50 per equity share, subject to shareholder approval. Additionally, the company announced key leadership changes and the reappointment of its internal auditor.
Consolidated Financial Performance
The company delivered a strong financial performance for the fiscal year ended March 31, 2026. Total consolidated revenue reached ₹1,31,732.97 lakh, contributing to a consolidated profit after tax of ₹22,205.25 lakh. This growth reflects the firm’s successful scaling of operations and its ongoing focus on distributing financial products across its nationwide network.
Dividend Recommendation
Reflecting the company’s commitment to delivering value to its stakeholders, the Board of Directors has recommended a final dividend of ₹3.50 per equity share (on a face value of ₹5.00) for the 2026 financial year. The dividend payout remains subject to formal approval by shareholders during the company’s next Annual General Meeting.
Operational Highlights and Acquisitions
A key driver for growth during the year was the successful integration of the mutual fund distribution business acquired from Indus Capital. Following the acquisition in October 2025, the business contributed ₹1,110.98 lakh in commission income for the full year. To align with business growth, the company also updated its accounting estimates regarding the useful life of acquired customer folios starting October 1, 2025.
Leadership and Governance Updates
The company announced strategic updates to its leadership and audit team. Mr. Chirag Ashwinkumar Shah has been appointed as a Non-Executive, Non-Independent Director, effective July 22, 2026. Mr. Shah brings extensive experience from the insurance and compliance sectors. Furthermore, M/s. PramodKumar Dad & Associates has been reappointed as the Internal Auditor for the 2026-27 financial year.
Source: BSE
