Prudent Corporate Advisory Services announced its Q3 FY26 results during an earnings call on January 28, 2026. The company reported a 21% year-on-year growth in quarterly average AUM, reaching ₹127,600 crores. Despite market corrections, equity net sales in January exceeded ₹1,200 crores. The firm is actively pursuing strategic opportunities, backed by a treasury corpus of ₹537 crores.
AUM Growth and Momentum
The company’s daily average AUM for the first nine months of FY26 was ₹119,000 crores. The opening AUM for the quarter stood at approximately ₹130,000 crores, reflecting a 9.2% increase. Despite a 5% correction in the Nifty500 Index, equity net sales for January exceeded ₹1,200 crores. The SIP book increased from ₹1,130 crores in December 2025 to ₹1,170 crores. The quarterly average AUM grew by 21% year-on-year and 7.2% quarter-on-quarter.
Equity AUM Movement
Equity AUM grew by 22.4% during Q3 FY26, increasing from ₹102,700 crores in December 2024 to ₹125,700 crores in December 2025. This growth was primarily driven by strong net sales and the acquisition of Indus. The company’s market share improved by 20 basis points, from 3.3% in December 2024 to 3.5% in December 2025, with a target to cross ₹1,200 crores in monthly SIP flows by March 2026.
Financial Performance
The company’s quarterly average AUM grew by 7.2% sequentially, while mutual fund revenue increased by 8.2%. Excluding a one-off income, yields were stable on a sequential basis. Insurance premium grew by 13% sequentially. The overall quarterly revenue from operations grew by 7.3% sequentially and 16.6% on a 9-month basis. Operating profit for the quarter grew by 7.8% sequentially. Net profit saw a rise of 7.6% sequentially and 19.6% year-on-year, reaching ₹57.6 crores.
Strategic Outlook and SEBI Changes
The company is in search of more opportunities in the distributor space, focusing on entities seeking to align with technology-driven platforms. With a treasury corpus of ₹537 crores, the firm is positioned to explore strategic opportunities. The recent changes in SEBI’s total expense ratio (TER) now exclude statutory levies, including GST, making it revenue neutral for GST-registered entities and creating a level playing field.
Source: BSE
