Prudent clocks highest-ever AUM at Rs49,473 crore in Q4FY22; PAT jumps 77% yoy at Rs80.30 crore

1 Jun 2022 , 12:33 PM

Prudent Corporate Advisory Services Limited (Prudent), a Gujarat-based independent retail wealth management services group engaged in the distribution of a wide range of financial products, announced its financial results for the quarter and year ended March 31, 2022.

Prudent reported an AUM of Rs49,473 crore in FY22 as against Rs30,847 crore in FY21.

The company logged revenue of Rs450.80 crore in FY22 as compared to Rs286.50 crore in the previous financial year, up by 57% yoy. For Q4FY22, the company registered a growth of 48% yoy at Rs129.60 crore as against Rs87.50 crore in Q4FY21.

Company achieved an EBITDA of Rs33.80 crore in Q4FY22 as compared to Rs23.50 crore in Q4FY21, up by 44% yoy. For FY22, the company reported an EBITDA of Rs115.30 crore as against Rs61.90 crore in FY21, registering a growth of 86% yoy.

For FY22, PAT jumped 77% yoy at Rs80.30 crore as compared to Rs45.30 crore in the previous financial year. It logged growth of 25% yoy in PAT at Rs22.70 crore for Q4FY22 as compared to Rs18.20 crore in Q4FY21.

At around 12.41 PM, Prudent Corporate Advisory was trading at Rs587.75, up by Rs2.65 or 0.45% against previous close of Rs585.10 on NSE. It touched intraday high and low of Rs598.30 and Rs582.70 respectively.