- Business
- Prudent Corporate Advisory Services Limited, incorporated in 2003 and headquartered in Ahmedabad, India, provides retail wealth management services to individuals, corporates, high net worth individuals, and ultra-high net worth individuals primarily in India through a business-to-business-to-consumer platform supported by over 33,000 mutual fund distributors across 136 locations in 21 states; the company distributes mutual funds, life and general insurance products including term, par, non-par, annuity, and health plans, stock broking services for equities, derivatives, and currency trading, portfolio management schemes, alternative investment funds, unlisted securities, fixed deposits, bonds, non-convertible debentures, smallcase portfolios, loan against securities, sovereign gold bonds, national pension schemes, government and state securities, SIP with insurance, gold accumulation plans, asset allocation services, trading platforms, property options including buying, selling, renting, and leasing of residential and commercial properties, and structured products. In October 2025, the company completed the acquisition of Indus Capital's mutual fund distribution business for INR 123.75 crore, adding approximately INR 2,104 crore in mutual fund assets under management with 95% in equity, INR 10.83 crore to its monthly SIP book, and 3,571 active client families, while integrating 15 experienced relationship managers under a seasoned business head to enhance cross-selling opportunities and accelerate retail expansion in Pune and surrounding areas. Prudent Corporate manages over INR 127,000 crore in total assets under management as of late 2025, with equity AUM at INR 117,650 crore, and reported Q2 FY2026 revenue of INR 319.80 crore, up 11.8% year-over-year, alongside a profit after tax of INR 53.50 crore; the firm maintains a promoter holding of 55.3% and operates with a debt-free status, delivering strong profit growth of 47.6% CAGR over the last five years.