Prudent Corporate

₹1537.9 -16.6 | 1.1%

WEBSITE BSE:543527 NSE : PRUDENT 10 May, 16:01

Market Cap ₹6368 Cr.

Stock P/E 45.9

P/B 13.2

Current Price ₹1537.9

Book Value ₹ 116.3

Face Value 5

52W High ₹1730.3

Dividend Yield 0.13%

52W Low ₹ 840

Edit Ratio

Prudent Corporate Research see more...

Overview Inc. Year: 2003Industry: Finance - Others

Prudent Corporate Advisory Services Ltd presents financial services to people, corporates, high net worth individual (HNIs), and ultra HNIs in India. The organisation provides mutual funds, insurance merchandise, portfolio management schemes, unlisted securities, bonds/fixed deposits, alternative investment funds, national pension schemes, and so forth. It also offers stock broking, financial planning, and real estate services. Prudent Corporate Advisory Services Ltd was founded in 2000 and is based in Ahmedabad, India.

Prudent Corporate Share Price

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Peer Comparison

Prudent Corporate Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Operating Revenue	126	130	128	148	158	177	165	190	210	240
Other Income	1	1	0	1	3	3	5	4	5	6
Total Income	127	131	129	149	161	180	170	194	214	246
Total Expenditure	90	96	96	105	116	118	126	147	160	179
Operating Profit	36	35	32	43	45	62	44	47	55	67
Interest Expense	2	1	1	0	1	1	0	0	0	1
Depreciation	5	5	6	6	6	6	6	6	6	6
Profit Before Tax	30	29	26	37	38	55	38	41	48	60
Provision for Tax	8	7	7	9	10	14	10	10	12	15
Profit After Tax	22	23	19	28	28	41	28	30	36	45
Adjustments	0	0	0	0	-0	0	-0	0	-0	0
Profit After Adjustments	22	23	19	28	28	41	28	30	36	45
Adjusted Earnings Per Share	5.4	5.5	4.7	6.7	6.9	10	6.8	7.3	8.6	10.8

Prudent Corporate Profit & Loss

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Operating Revenue	222	235	287	451	611	805
Other Income	4	1	8	8	10	20
Total Income	226	236	295	459	621	824
Total Expenditure	185	188	225	336	438	612
Operating Profit	41	48	70	123	183	213
Interest Expense	3	3	2	3	2	1
Depreciation	8	8	8	13	24	24
Profit Before Tax	29	37	61	107	157	187
Provision for Tax	8	10	15	27	40	47
Profit After Tax	21	28	45	80	117	139
Adjustments	0	0	0	0	0	0
Profit After Adjustments	21	28	45	80	117	139
Adjusted Earnings Per Share	5.1	6.7	11	19.4	28.2	33.5

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	35%	38%	0%	0%
Operating Profit CAGR	49%	56%	0%	0%
PAT CAGR	46%	61%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	78%	NA%	NA%	NA%
ROE Average	40%	38%	34%	34%
ROCE Average	54%	51%	44%	44%

Prudent Corporate Balance Sheet

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	83	113	158	238	350
Minority's Interest	0	0	0	0	0
Borrowings	5	3	0	0	0
Current Liability	95	66	112	142	141
Other Liabilities & Provisions	8	11	12	19	28
Total Liabilities	192	193	281	399	519
Loans	0	0	0	0	0
Investments	7	6	21	39	143
Fixed Assets	24	27	26	174	164
Other Loans	0	1	0	0	0
Other Non Current Assets	0	0	0	0	0
Current Assets	160	159	234	185	212
Total Assets	192	193	281	399	519

Prudent Corporate Cash Flow

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	38	54	81	99	19
Cash Flow from Operating Activities	13	50	58	93	127
Cash Flow from Investing Activities	12	-5	-28	-163	-112
Cash Flow from Financing Activities	-9	-22	-11	-10	-12
Net Cash Inflow / Outflow	16	23	19	-81	3
Closing Cash & Cash Equivalent	54	81	99	19	22

Prudent Corporate Ratios

#	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	5.07	6.73	10.96	19.4	28.18
CEPS(Rs)	6.93	8.66	12.92	22.64	33.99
DPS(Rs)	21.95	1.25	1.5	1	1.5
Book NAV/Share(Rs)	20.09	27.2	38.13	57.39	84.52
Net Profit Margin	9.47	11.86	15.81	17.82	19.09
Operating Margin	14.3	17.08	21.7	24.34	25.99
PBT Margin	12.91	15.94	21.12	23.76	25.65
ROA(%)	10.97	14.49	19.1	23.63	25.43
ROE(%)	25.3	28.48	33.53	40.65	39.72
ROCE(%)	29.99	35.49	44.34	55.14	54.08
Price/Earnings(x)	0	0	0	0	28.75
Price/Book(x)	0	0	0	0	9.59
Dividend Yield(%)	0	0	0	0	0.19
EV/Net Sales(x)	-0.19	-0.38	-0.47	-0.08	5.37
EV/Core EBITDA(x)	-1	-1.84	-1.93	-0.3	17.96
Interest Earned Growth(%)	0	5.79	22	57.33	35.62
Net Profit Growth	0	32.51	62.63	77.36	45.25
EPS Growth(%)	0	32.82	62.69	77.09	45.25
Interest Coverage(x) %	10.29	14.97	37.55	42.36	76.74

Prudent Corporate Shareholding Pattern

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	58.44	58.44	58.44	58.44	58.43	58.43	58.43	58.43
FII	1.13	0.75	0.68	1.16	1.42	3.81	3.77	12.1
DII	10.52	11.54	11.32	9.8	9.23	15.67	15.75	15.69
Public	29.92	29.27	29.57	30.61	30.92	22.09	22.05	13.77
Others	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	2.42	2.42	2.42	2.42	2.42	2.42	2.42	2.42
FII	0.05	0.03	0.03	0.05	0.06	0.16	0.16	0.5
DII	0.44	0.48	0.47	0.41	0.38	0.65	0.65	0.65
Public	1.24	1.21	1.22	1.27	1.28	0.91	0.91	0.57
Others	0	0	0	0	0	0	0	0
Total	4.14	4.14	4.14	4.14	4.14	4.14	4.14	4.14

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 38%
Company is almost debt free.

Cons

Stock is trading at 13.2 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.