Prime Securities Ltd. — Annual Report 2025

Apr 24, 2025

PRIME

April 24, 2025

Corporate Relationship Department BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 40000 I

Capital Markets - Listing National Stock Exchange of India Limited Exchange Plaza, 5" Floor, Plot No. C/I, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 40005 1

Dear Sir,

Sub: Outcome of Board Meeting

Re: Stock Code: 500337 (BSE) PRIMESECU (NSE)

We wish to inform you that the Board of Directors of Prime Securities Limited (the Company") at their Meeting held today, i.e. Thursday, April 24, 2025, has inter-alia, transacted the following business:

a) Audited Financial Results:

Approved the Audited Consolidated and Standalone Financial Results of the Company for the Quarter and Financial Year ended March 3 1 , 2025.

The Statutory Auditors of the Company, M/s. Sharp & Tannan Associates, Chartered Accountants, have issued their Audit Report, pursuant to the provision of Regulation 33 of SEBI Listing Regulations, with Unmodified Opinion on the Consolidated and Standalone Financial Results of the Company for the Financial Year ended March 31 , 2025

b) Dividend:

Recommended a Dividend of ? I.50/- per Equity Share of ?z 5/- each (30%) t0 the Members of the Company for the Financial Year ended March 3 1 , 2025.

The Dividend recommended by the Board of Directors is subject to the approval of the Members at the ensuing Annual General Meeting ("AGM") of the Company The date of AGM and Book Closure shall be intimated in due course and the dividend will be paid within 30 days from the date of AGM.

A copy of the Audited Financial Results, Audit Reports for Quarter and Financial Year ended March 3 1 , 2025, are enclosed herewith.

Audited Financial Results will be published in the newspapers as per the provisions of Regulation 47 0of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the same

Prime Securities Limited

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1109 / 1110, Maker Chambers V, Nariman Point, Mumbai 400 021. CIN: L67120MH1982PLC026724 Website: www.primesec.com

Tel : +91-22-6184 2525 Fax: +91-22-2497 0777

PRIME

together Auditor's Report will be available on the Stock Exchange websites at ww.nsemdia.com / ww.bseidia.com and on the website of the Company at w primesec,com,

The Board Meeting commenced at 5:00 p.m. and concluded at 8:0 0 p . m.

This is for your information and records.

Thanking you,

Yours faithfully, For Prime Securities Limited Digitally signed by AJAY JITENDRA AJAY JITENDRA SHAHDN: cn=AJAY JITENDRA SHAH c=IN SHAH o=PersonalReason: I am the author of this document Location: Date: 2025-04-24 20:31+05:30

Ajay Shah Company Secretary (ACS-14359)

Prime Securities Limited

1109 / 1110, Maker Chambers V, Nariman Point, Mumbai 400 021. CIN: L67120MH1982PLC026724 Website: www.primesec.com

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Tel : +91-22-6184 2525 Fax: +91-22-2497 0777

87 Nari man Bhavan 227 Nariman Point SHARP& Mumbai 400 Ind021 ia TANNAN +9122 6153 7500; 2202 2224/8857 ASSOCIATES www.sharpandtannan.com chartered accountants

Independent Auditor's Report on Consolidated Financial Results of Prime Securities Limited for the Quarter and Year ended March 31, 2025 Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

To

The Board of Directors of Prime Securities Limited

Opinion

We have audited the accompanying Consolidated Financial Results of Prime Securities Limited (hereinafter referred to as the 'Holding Company"), its subsidiary companies (Holding Company, its subsidiaries and Associates together referred to as "the Group") for the Quarter and year ended March 31, 2025, attached herewith (the "statement"), being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of reports of other auditors on separate consolidated audited financial statements of one subsidiary, separate standalone audited financial statements of one subsidiary and consideration of Management certified consolidated results of one Associate, the aforesaid consolidated financial results:

(i) Include the annual financial results of the following entities:

Sr.	Name of theEntities		Relationship
1	Prime SecritiesLimited		HoldingCompany
2	PrimeResearchand AdvisoryLmited		Subsidiary
3	PrimeGlobalAssetManagementPTE Lmited		Stepdown-Subsidiary
	PrimeLitmusInvestmentManagementLimited		Stepdown-Subsidiary
4	PrimeTrigenWealthLimited(Formerly	knownas	Subsidiary
	PrimeFundsManagementLimited)
5	Ark Neo Financial Services Private	Limited	Associate	w.e.f.
	(Consolidated)		December 12,2024

(ii ) are presented in accordance with the requirements of the Listing Regulations in this regard; and

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Ahmedabad I Bengaluru I Chennai l Coimbatore 1 Delhi) Goa I Hyderabad I Mumbai I Pune I Vadodara

SHARP& TANNAN ASSOCIATES chartered accountants

• (iii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards ("Ind AS") and other accounting principles generally accepted in India, of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group for the year ended March 31, 2025.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing ("SA"s) specified under section 143(10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Consolidated Financial Results" section of our report. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("!CAI") together with the ethical requirements that are relevant to our audit of the Statement under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the !CAi's Code of Ethics. We believe that the audit evidence obtained by us and other auditors in terms of their reports referred to in "Other Matters" paragraph below, is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matter

1. We draw attention to Note 5 to the statement read together with the Basis for Qualification para of predecessor Auditor's report dated April 25, 2024 for the Quarter ended March 31, 2024 which states that the holding company management has recognised a reduction in fair value in investment amounting to INR 1,243 Lakhs in quarter ended March 3 1, 2024, but has not restated its financial information for the previous quarters. Accordingly, The comparative information for the previous Quarter ended March 31, 2024, is not comparable to that extent.

2. We draw attention to Note 6 to the statement that explains the reasons for the holding company not making the additional provision in view of the reasons mentioned in the aforesaid note.

Our opinion is not modified with respect to this emphasis of matter

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Ahmedabad I Bengaluru I Chennai I Coimbatore I Delhi I Goa I Hyderabad I Mumbai I Pune Vadodara

SHARP& TANNAN ASSOCIATES chartered accountants

Management's Responsibilities for the Consolidated Financial Results

This Statement, which is the responsibility of the Holding Company's management and approved by the Board of Directors of the Holding Company, has been prepared on the basis of annual audited consolidated financial statements.

The Holding Company's management and the Board of Directors are responsible for the preparation and presentation of the Statement that give a true and fair view of the consolidated net profit and other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards, prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with the Listing Regulations. The respective Board of Directors included in the Group are responsible for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the Statement by the Directors of the Holding Company, as aforesaid.

In preparing the Statement, the respective management and the Board of Directors of the companies included in the Group are responsible for assessing the ability of the Group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the Companies included in the Group or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group are also responsible for overseeing the financial reporting process of the respective Companies.

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Ahmedabad I Bengaluru I Chennail Coimbatore I Delhi I Goa I Hyderabad I Mumbai I Pune I Vadodara

SHARP& TANNAN ASSOCIATES chartered accountants

Auditor's Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3){i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

• Conclude on the appropriateness of the Board of Director's and Management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the consolidated financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern.

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Assurance I Consulting I GRC I Tax

Ahmedabad I Bengaluru I Chennai I Coimbatore I Delhi I Goa I Hyderabad I Mumbai I Pune I Vadodara

SHARP& TANNAN ASSOCIATES chartered accountants

• Evaluate the overall presentation, structure and content of the consolidated financial results, including the disclosures, and whether the consolidated financial results represent the underlying transactions and events in a manner that achieves fair presentation.

• Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group to express an opinion on the Consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the consolidated financial results of which we are the independent auditors. For the other entities included in the consolidated Financial Results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

Materiality is the magnitude of misstatements in the Statement that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Statement may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Statement.

We communicate with those charged with governance of the Holding Company and such other entities included in the consolidated financial results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

We also performed procedures in accordance with the Circular issued by the SEBI under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable.

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Ahmedabad I Bengaluru I Chennai I Coimbatore I Delhi I Goa l Hyderabad I Mumbai I Pune I Vadodara

SHARP& TANNAN ASSOCIATES chartered accountant

Other Matters

The statement includes the consolidated audited Financial Results of one subsidiary and standalone audited financial results of one subsidiary company whose Financial Results reflect total assets of Rs. 5,411 Lakh as at March 31, 2025, total revenue of Rs. 704 Lakh and Rs.3,156 Lakh, total net profit after tax of Rs. (15) Lakh and Rs. 726 Lakh and total comprehensive income of Rs. (22) Lakh and Rs. 724 Lakh for the quarter and Year ended March 3 1, 2025 respectively, and reflects net cash inflows of Rs. 33 Lakh for the period from April 1, 2024 to March 31, 2025 as considered in the Statement. These financial results have been audited by other auditors, whose reports have been furnished to us by the Management. Our opinion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based on the reports of the other auditors and the procedure performed by us as stated under "Auditor's Responsibilities for the Audit of the Consolidated Financial Results" section above.

The statement includes the Group share of unaudited management certified consolidated loss after tax of Rs. 16 lakh and Rs. Rs. 21 lakh for the quarter and year ended March 31, 2025, and unaudited management certified Consolidated Total Comprehensive income of Rs. (16) lakh and Rs. Rs. (21) lakh for the quarter and year ended March 31, 2025, with respect to 1 associate (Refer Note 7). The unaudited consolidated financial results have not been reviewed by their auditors and have been approved and furnished to us by the management and our conclusion on the statement, in so far it relates to the amounts and disclosure included in respect of the Associates is based solely on such unaudited consolidated management certified financial results provided by the management. According to the information and representations provided by the management, these unaudited consolidated financial results of Associate are not material to the Group

The Statement include the results for the quarter ended March 31, 2025 being the balancing figure between the audited figures in respect of the full financial year 2024-25 and the published unaudited year to date figures up to the third quarter ended December 31, 2024, of the current financial year 2024-25 which are subject to limited review by us.

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Ahmedabad I Bengaluru I Chennai I Coimbatore I Delhi I Goa I Hyderabad I Mumbai I Pune I Vadodara

SHARP& TANNAN ASSOCIATES chartered accountants

The Statement also includes the results for the comparative quarter ended March 31, 2024, being the balancing figures between the audited figures in respect of full financial year 2023-24 and audited figures up to third quarter ended December 3 1 , 2023, which are audited by the predecessor auditor, and they have issued Qualified opinion on vide their report dated April 25, 2024.

The Statement also includes the results for the comparative year ended March 3 1 , 2024 were audited by the predecessor auditor and has issued unmodified report vide report dated April 25, 2024.

Our opinion is not modified in respect of these other matters.

For Sharp & Tannan Associates Chartered Accountants

Place: Mumbai Date: April 24, 2025

ICAI Firm Reg. No. 109983

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83
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Partner <@red AsS Membership No. O37457 5, UDIN: 25O37457BMMBFM3922

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Ahmedabad I Bengaluru I Chennai I Coimbatore I Delhi I Goa I Hyderabad I Mumbai I Pune I Vadodara

Regd. Office 1109/1110, Maker Chambers V, Nariman Point, Mumbai 400021 (CIN: L67120MH1982PLC026724) Tel: +91-22-61842525 Fax. +91-22-24970777 Website: www.primesec.com Email: prime@primesec.com

PRIME SECURITIES LIMITED - CONSOLIDATED

STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED MARCH 31, 2025

								(RsinLakhs,unlessotherwisestated)	(RsinLakhs,unlessotherwisestated)	(RsinLakhs,unlessotherwisestated)
							Quarterended		Year	ended
Particulars						31-Mar-25	31-Dec-24	31-Mar-24	31-Mar-25	31-Mar24
						(Unaudited)	(Unaudited)	(Unaudited)	(Audited)	(Audited)
I	Revenuefrom Operations
	Fee and commissionincome					1,079	1.955	1,136	7,980	6,151
I	OtherIncome
	i) Interestincome					82	99	127	405	457
	ii) Dividend income						I		2	0
	iii)Netgain onfairvalue changes
	- Realised					7	59	6	210	21
	- Unrealised							13	301	35
	iv) Others					38	4		42	0
	TotalOtherIncome					192	163	146	960	513
I	Totalincome(11)					1,271	2 1 1 8	1282	8,940	6,664
	Expenses
	i) Finance cost					7	I	2	12	14
	ii) Fee andcommission expense					110	100	298	922	1,17
	iii)Net loss on fairvalue changes
	-Unrealised					24	122
	iv)Impairmenton financial instruments					(61)	150	5	224	34
	v) Employeebenefitexpenses					573	534	564	2,781	2279
	vi) Depreciation and amortisation expense					41	32	25	132	97
	vii) Other expenses					308	167	159	767	729
IV	Totalexpenses					1,202	1,106	1,053	4,838	4,325
V	Proft before exceptional itemsand tax (IL-IV)					69	1,012	229	4,102	2,339
VI	Exceptional items (net)								368
VII	Proft before share of proft of Non-controllinginterest and					69	1.012	229	4,470	2,339
	tax (V)+(VI)
VII	Profitattributableto Non-controllinginterest					3			3
IX	Proft befretax(VII)+(VIII)					7	1,01	229	4,473	2,339
X	Tax expenses
	- Current tax carge					32	236	65	926	523
	- Earlier yeartax charge/ (credit)						( 4)		(I)
	- Impact on defrred tax liability due to change in tax		rate			(96)	(5)		(417)
	- Deferred tax liability on temporarydifferences					40	(40)	( I )	1 1 4	(40)
XI	Proft after tax(IX-X)					96	825	165	3,851	1,856
	Share ofProfit/(Loss) of Associate					(16)	(5)		(21)
XII	Proft aferTaxandShareof Profit/(Loss) ofAssociate					80	820	165	3,830	1,856
III	Othercomprehensiveincome
	a) I) Items that will notbereclassified to profit or loss
	(a) Remeasurement of defnedemployee benefit		plans			(14)	(3)	( I )	(39)	(8)
	(b) Remeasurementgain/(loss)on fir valuation				ol	985		1,273	1,482	1,396
	investments in equity instruments
	II)Income tax relating to items	that will	not		be	(140)		(296)	(205)	(23)
	reclassifed to proft or loss
	b) I) Items that will be recassified to profit or loss
	II)Income tax relatingto itemsthatwillbe reclassified				to
	profit or loss
	Other comprehensiveincome/(a+b)					831	02)	976	1,238	1,065
XIV	Totalcomprehensive income for thequarter/year (XII+					9 1 1	8 1 8	1,1 4I	5,068	2,921
	XI)
xv	i) Paid-upequity share capital (facevalue Rs. 5 each)					1,681	1.681	1.664	1,681	1,664
	ii) Otherequity								18,927	14,093
XVI	Earningsper equity share
	(Rs.notannualisedforthequartersand year ended) -ors. 0 - Dicecan6ab#d'e\ f'Y <?					0.29 0.28	246 2.39	0.50 0.48	11.49 1115	5.66 5.42

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PRIME SECURITIES LIMITED

Regd. Office : 1109/1110, Maker Chambers V, Nariman Point, Mumbai 400021 (CIN: L67120MH1982PLC026724) Tel: +91-22-61842525 Fax. +91-22-24970777 Website: www.primesec.com Email. prime@primesee.com

CONSOLIDATED STATEMENT OF ASSETS & LIABILITIES

		CONSOLIDATED STATEMENTOF ASS	ETS&LIAB	ILIT	IES
			(Rs.in Lakhs,	unless	otherwise stated)
			Asat		As at
Particulars			31-Mar-25		31-Mar-24
			(Audited)		(Audited)
ASSETS
I	Financialassets a) Cashandcashequivalents			133	86
	b)	Bank balanceotherthan(a) above		1,930	3,79
	c)	Receivables
		()Tradereceivales		2,159	1,230
		(ii) Otherreceivables		2	431
	d)	Loans		28	555
	e)	Investrents	17,592		10,87
	I)	Otherfnancial assets		204	47
			22,048		17,017
11	Non-financial assets a) Current tax assets(net)			17	423
	b)	Property,plant andequipment		534	186
	c)	Capitalwork-in-progress		38	-
	d)	Otherintangible assets		10	9
	c)	Other non-fnancialassets		236	56
				995	674
TOTAL ASSETS			23.043		17691
LABLITES AND EQUITY
I.	Financial liabilities
	a)	Payables
		Tradepayables
		- Total outstandingduesofmicroenterprises andsmall enterprises		3	-
		-Total outstandingdues of creditosotherthan micr		192	102
		enterprisesand smallenterprises
	b)	Otherfnancial liabiities		442	825
				637	927
I.	Non-fnancal liabities
	a)	Prvisions		I,199	297
	b)	Defrred taxliabilities (net)		51 8	616
	c)	Othernon-financial liabilities		70	94
				1,787	1,007
I.	Equity
	a)	Equity sharecapital		1,681	1,664
	b)	Otherequity	18,927		14,093
			20,608		15,757
IV.	Equtiy Attributable toownersof the parent company
	a)	Non-ContrllingInterest		11	-
				1 1	-
TOTAL LABILTES AND EOUITY			23,043		17 6 9 1

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'tered' #

PRIME SECURITIES LIMITED

Regd. Office: 1109/11 10 , Maker Chambers V, Nariman Point, Mumbai 400021 (CIN: L67120MH1982PLC026724) Tel: +91-22-61842525 Fax. +91-22-24970777 Website: www.primesec.com Email prime@primesec.com

CONSOLIDATED STATEMENT OF CASH FLOW FOR THE YEAR ENDED

MARCH 31, 2025

MARCH 31,2025
	(Rsin Lakhs,unless	otherwisestated)
Particulars	Year ended	Year ended
	31-Mar-25	31-Mar-24
Cash fowfrom operating activities:
Profit befre tax	4,102	2,339
Adjustmentsfor:
Depreciationand amortisationexpense Unrealised(gain)/loss onfreign curencytrnslations(net) Changesin firvaluation of investment (net)	132 (I) (30 I)	97 - (35)
(Proft)/Lossonsale of prperty, plantand equipments (net)	-	(0)
Gainonsale of investments (net)	(210)	(21)
InterestExpense	12	2
Interest incomeon deposits	(405)	(324)
Dividend income	(2)	(0)
Recovery of badbebts	88	(73)
Impairment of fnancialassets	(229	(194
Operatingprofitbeforeworking capitalchanges	3,186	1,791
Adjustments for changesin workingcapital
(Decrease)/Increasein prvisions	257	75
Increase/(Decrease) intrdepayables	93	2
Increase/ (Decrease)inotherfnancialliabilities	263	173
Increase/ (Decrease)inothernon-fnancial liabilities	(24)	14
(Increase)/Decreasein Loans	527	(500)
(Increase)/ Decrease inotherfinancial assets	(I56)	16
(Increase)/Decrease inother receivables	429	9
Decrease/ (Increase) in trdereceivables	(929)	262
Decrease/ (Increase) in other non-fnancial assets	(180)	87
Totalchangesinworking capital	280	138
Cashgenerated from operations	3,466	1,929
Taxes paid,netofrefnds	(680)	(614)
Netcashgenerated fromoperating activities(A)	2,786	1,315
Cashfowfominvestingactivities:
Purchase of property, plant andequipmentsincludingcapital work-in-progress	(520)	(19)
Proceedsfromsale/disposalof property,plant and equipments	368	0
Purchase of Investments	(4,937)	(3,909)
Proceeds frmsale/redemptionofinvestments	210	56
Non-ContrllingInterest	(3)	-
Decrease/(Increase) inOtherBankBalance	(12)	(4)
Decrease/(ncrease) infxeddeposits withmatuitymorethan3months	1,878	1,750
Interestincome	405	324
Dividendreceived	2	0
Net cashgenerated from/(used in) investingactivities(B)	(2,609|(1,802
Cash flow from financing activities:
Proceedsfromissuanceof Sharecapital	2 1 7	545
Borrowings repaid during the year	-	(2)
Interest paid	(12)	(2)
Pavment of Dividend to shareholders	(335)	(162)
Netcashgeneratedfrom/(used in) financing activities(C)	(130	379

zan8"As, - 'O, % gr CA G \/ % easy") 0o, it l uM8A! Ir· rw/% z\ '% 9, b , , " s$ ered AG9 t 9 'e

Particulars	Yearended	Yearended
	31-Mar-25	31-Mar-24
Net increase/(decrease) incashandcashequivalents (A+B+C)	47	(108
Cashandcash equivalents atthe beginning of theyear	86	194
Cashand cashequivalents atthe endoftheyear	133	86
Total	47	(108
Notes:
I)Cashand cashequivalentscompriseof
Cashonhand	0	0
Balances with banks
Incurrent account	133	86
Cashand cashequivalents at the end of the vear	133	86

Notes:

The above Statement of Cash Flows has been prepared under indirect method as set out in Ind AS 7, 'Statement of Cash Flows', as specified under section 133 of the Companies Aet, 2013 read with the Companies (Indian Accounting Standard) Rules, 20 I 5 (as amended).

Figures in brackets indicate cash outflows

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Consolidated Notes:

• I The above consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in the Companies (Indian Accounting Standard) Rules, 2015 (Ind-AS") prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles generally accepted in India. The consolidated financial results were reviewed by Audit Committee and approved by the Board of Directors at its Meeting held on April 24, 2025. The results for the year ended March 3 1 , 2025, have been audited by the statutory auditors of the Company and they have expressed an unmodified audit conclusion on these consolidated financial results. The results are available on the stock exchanges websites at www.bseindia.com / www.nseindia.com and on the website of the Company at www.primesec.com.

• 2 The consolidated financial results include the audited financial results of subsidiary companies as referred in note I H and the share of profit / (loss) attributable to the period and extent of holding based on unaudited management certified consolidated financials of associate i.e Ark Neo Financial Service Private Limited.

• 3 Exceptional item for the year ended March 31 , 2025 represent the net gain on sale of a residential flat during the quarter ended June 30. 2024. calculated on the basis of realisation of sale price, net of directly allocatable expenses as reduced by the cost of flat (was classified as other receivables in the previous year)

• 4 Pursuant to the amendment approved by the shareholders at their meeting held on June 13, 2023, to the object clause for the utilization of funds received against the issue of equity shares in November 2021 to specified investors on a preferential basis, the holding company have utilised part of the proceeds in terms of the permitted objects and the balance unutilized proceeds have been invested in the fixed deposits with bank pending utilisation in terms of the objects of the issue.

• 5 The audit report for the quarter ended March 3 1 , 2024 was qualified in respect of the impact of the fair value change in the quarter ended March 3 1 , 2024 and earlier quarters ended September 30, 2023 and December 3 1 , 2023, in respect of the investment in an entity engaged in online gaming platform service business, on which the Company had recognised a reduction in fair value of the investment amounting to INR 1,243 lakhs in the quarter ended March 3 1 . 2024. The Company had not made any adjustment in the financial information for the preceding quarters ended September 30, 2023 and December 3 1. 2023 as the regulatory changes in the gaming industry were in effect from October 1, 2023 and adequate data, such as consumer reaction and the legal status of demands for the previous years, were not available for appropriate evaluation and hence its impact on the fair valuation was unascertainable to that extent.

• 6 The company had made a provision of INR 188 lakhs up to December 31 , 2024 in respect of delays in recovery of its invoices in accordance with its policy in this regard. The management has agreed to a client's request for an extended credit period as the plans arising out of the assignment have been delayed in implementation for reasons beyond the client's control. The extended credit period meant actual recovery in First Quarter of F.Y. 2025-2026. The company has therefore decided not to make further provision of INR I50 lakhs for the receivable.

• 7 The Holding Company, on December 12, 2024, acquired 41.68% equity stake in Ark Neo Financial Services Private Limited ("Ark Neo"), from the Promoters of Ark Neo for consideration of INR 200 lakhs and subscribed to Optionally Convertible Debentures of INR 200 lakhs into Ark Neo. Ark Neo is a technology platform (known as "Dhanlap") for loans against securities in the realm of a loan service provider ("LSP") and has a 100% subsidiary operating as Suprasanna Finance Private Limited. The Company has recognized such investment by equity method and accordingly incorporated post-acquisition loss of INR (21) lakhs as a share of loss from associate in its consolidated financial results, arising out of post-tax unaudited management certified accounts of Ark Neo. The above impact is taken based on the unaudited management certified consolidated accounts of Ark Neo.

• 8 During the year the board of directors have approved incorporation of two wholly-owned subsidiary companies i) Prime Advisory Partners Ltd in United Kingdom (UK), ii) PRAL Management Consultancies LLC in United Arab Emirates (UAE).

• 9 The Company has conducted an Extraordinary General Meeting on April 21 , 2025 for buyback of equity shares the Company. The resolution of buyback has not been approved with the requisite majority.

• I0 During the quarter ended March 3 1 , 2025, the Holding Company allotted 10.000 equity shares, pursuant to the exercise of employee stock options. For the year 2024-2025 the Company has made a total allotment of 3,34,000 equity shares_. pursuant to the exercise of employee stock options

• 1 I As at March 31, 2025 the Holding Company has the following subsidiaries / associates: Subsidiaries:

• Prime Research and Advisory Limited - Incorporated in India - Wholly-owned Subsidiary of Prime Securities Limited Prime Trigen Wealth Limited - Incorporated in India - Wholly-owned Subsidiary of Prime Securities Limited Stepdown Subsidiaries;

• Prime Global Asset Management PTE Limited - Incorporated in Singapore -- 60% Subsidiary of Prime Research & Advisory Limited

• Prime Litmus Investment Management Limited - Incorporated in India - 75% Subsidiary of Prime Research & Advisory Limited Associates:

• Ark Neo Financial Services Private Limited - Incorporated in India - Associate of Prime Securities Limited -w.e.f December 12, 2024 Subsidiary of Associates

• Suprasanna Finance Private Limited - Incorporated in India - Wholly-owned Subsidiary of Ark Neo Financial Services Private Limited

• I2 The Group has only one segment of business i.e. Financial Advisory and Intermediation services. There are no separate reportable segments in terms of Ind-AS 108.

• I3 The amounts reflected as "(" in the financial information are values with less than rupees one lakh.

• I4 Previous quarter / period and year ended figures have been regrouped / reclassified, wherever necessary, to confirm to the current quarter / period presentation, the impact of such restatements / regroupings are not material to Financial Statements.

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For Prime Securities Limited
N, Jayakumar
anaging Director and Group CEO
(DIN: 00046048)
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Mumbai

April 24, 2025

87 Nariman Bhavan 227 Nari man Point SHARP& Mumbai 400 021 India TANNAN ASSOCIATES

+91 22 6153 7500; 2202 2224/8857 www.sharpandtannan.com

chartered accountan

Independent Auditor's Report on Standalone Financial Results of Prime Securities Limited for the Quarter and Year ended March 31, 2025 Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

To

The Board of Directors of Prime Securities Limited

Opinion

We have audited the accompanying standalone financial results of Prime Securities Limited ("the Company"), for the Quarter and year ended March 31, 2025 (the "statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the 5EBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial results:

• (i) are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and

• (ii) gives a true and fair view in conformity with recognition and measurement principles laid down in Indian accounting standards ("Ind AS"), and other accounting principles generally accepted in India, of net profit and other comprehensive income and other financial information of the Company for the quarter and year ended March 31, 2025.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing ("SA"s) specified under section 143(10) of the Companies Act, 2013, as amended ("the Act"). Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Standalone Financial Results" section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("ICAI") together with the ethical requirements that are relevant to our audit of the Statement under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAl's Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion.

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Assurance I Consulting I G R C I Tax

Ahmedabad I Bengaluru I Chennai I Coimbatore I Delhi I Goa I Hyderabad I Mumbai I Pune I Vadodara

SHARP& TANNAN ASSOCIATES chartered accountants

Emphasis of matters

1. We draw attention to Note 4 to the statement read together with the Basis for Qualification para of predecessor Auditor's report dated April 25, 2024 for the Quarter ended March 31, 2024 which states that the management has recognised a reduction in fair value in investment amounting to INR 1,243 Lakhs in quarter ended March 31, 2024, but has not restated its financial information for the previous quarters. Accordingly, the comparative information for the previous Quarter ended March 31, 2024, is not comparable to that extent.

2. We draw attention to Note 5 to the statement that explains the reasons for the company not making the additional provision in view of the reasons mentioned in the aforesaid note.

Our opinion is not modified with respect to these emphasis of matters

Management's Responsibilities for the Standalone Financial Results

This Statement, which is the responsibility of the Company's management and approved by the Board of Directors, has been prepared on the basis of annual audited standalone financial statements.

The Company's management and the Board of Directors are responsible for the preparation and presentation of the Statement that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards, prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Statement, the management and the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

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Assurance I Consulting I GRC I Tax

Ahmedabad l Bengaluru I Chennai l Coimbatore I Delhi I Goa I Hyderabad I Mumbai I Pune I Vadodara

SHARP& TANNAN ASSOCIATES chartered accountants

The Board of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the statement as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the Standalone Financial Results , whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls system with reference to standalone financial statements in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

• Conclude on the appropriateness of the Board of Director's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

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Assurance I Consulting I GRC I Tax

Ahmedabad ! Bengaluru I Chennai I Coimbatore I Delhi l Goa J Hyderabad I Mumbai) Pune I Vadodara

• SHARP& TANNAN ASSOCIATES

• • Evaluate the overall presentation, structure and content of the St antad l[chartered ] one inan[acco] ca 1[unt][a][n][ts ] Results, including the disclosures, and whether the Standalone Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.

Materiality is the magnitude of misstatements in the Statement that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Statement may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Statement.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matters

The Statement include the results for the quarter ended March 31, 2025 being the balancing figure between the audited figures in respect of the full financial year 2024-25 and the published unaudited year to date figures up to the third quarter ended December 31, 2024, of the current financial year 2024-25 which are subject to limited review by us.

The Statement also includes the results for the comparative quarter ended March 31, 2024, being the balancing figures between the audited figures in respect of full financial year 2023­ 24 and audited figures up to third quarter ended December 31, 2023, which are audited by the predecessor auditor, and they have issued Qualified opinion vide their report dated April 25, 2024.

The Statement also includes the results for the comparative year ended March 31, 2024 were audited by the predecessor auditor and has issued unmodified report vide their report dated April 25, 2024.

Our opinion is not modified in respect of these other matters.

For Sharp & Tannan Associates Chartered Accountants

Place: Mumbai Date: April 24, 2025

ICAI Firm Reg. No. 109983W By the hand of - < 'I> 9 co c. <f) Partner 67AS] Membership No. 037457 @tered kS UDIN: 250374578MMBFL9073 2,

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Assurance I Consulting I GRC I Tax

Ahmedabad I Bengaluru I Chennai I Coimbatore I Delhi I Goa l Hyderabad I Mumbai I Pune I Vadodara

Regd. Office 1109/1110 , Maker Chambers V, Nariman Point, Mumbai 400021 (CIN: L67120MH1982PLC026724) Tel. +91-22-61842525 Fax. +91-22-24970777 Website: www.primesec.com Email: prime@primesec.com

PRIME SECURITIES LIMITED

STATEMENT OF STANDALONE FINANCIAL RES UL TS FOR THE QUARTER & YEAR ENDED MARCH 31, 2025

					(Rs. inLakhs, unless otherwisestated)	(Rs. inLakhs, unless otherwisestated)	(Rs. inLakhs, unless otherwisestated)
				Quarterended		Year	ended
Particulars			31-Mar-25	31-Dee-24	31-Mar-24	31-Mar-25	31-Mar-24
			(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
I	Revenue fromOperations
	Fee	andcommission income	375	1,254	478	4,824	3,090
11	OtherI ncomc
	i)	Interestincome	33	48	66	195	255
	ii)	Dividendincome				IOI	0
	iii)	Netgain onfairvaluechanges
		- Realised	44	47	2	163	8
		-Unrealised			7	323	12
	iv)	Others	37	4		41	0
	TotalOtherIncome		114	99	75	823	275
I	Totalincome (+ )		489	1,353	553	5,647	3,365
	Expenses
	i)	Finance cost	6		7	15	49
	ii)	Fee and commission expense	(100)		1 1 3		183
	iii)	Net loss on fairvalue changes
		-Unrealised	123	79
	iv)	Impairmenton financial instruments	(62)	150	5	223	34
	v)	Employee benefit expenses	274	286	359	1,672	1,378
	vi)	Depreciation and amortisation expense	27	22	21	95	82
	vii)	Otherexpenses	155	86	132	439	623
IV	Total expenses		423	624	637	2,444	2,349
V	Proftbefore exceptional items and tax(IL-IV)		66	79	(84)	3,203	1,016
VI	Excepional items (net)					368
VII	Proft/(loss)beforetax(V)+(VI)		66	729	(84)	3,571	1,016
VIHI	Tax	expenses /(credits)
	-	Current tax charge /(credit)	(15)	153	(13)	642	183
	-	Earlier year tax carge/(credit)		(4)		(4)
	-	Impact ondeferredtax liability due to change in tax rate	(96)	(5)		(417)
	-	Deferredtax liability on temporarydifferences	65	(28)	2	125	(29)
IX	Proft/(loss) afer tax (VII-VIII)		11 2	613	(73)	3,225	862
X	Other comprehensiveincome
	a)	I) Items thatwill not be reclassified to profit or loss
		(a)Remeasurement of defined employee benefit plans	(5)	(8)	(2)	(37)	(1 1 )
		(b)Remeasurementgain/(loss) on fair valuationof	985		1,273	1,482	1,396
		investments in equity instruments
		II) Income taxrelatingto items that will not be	(142)	2	(296)	(205)	(322)
		reclassified to profit or loss
	b)	I) Itemsthat will be reclassifed to proftor loss
		I)Income tax relating to items that willbe reclassifed
		to profitor loss
	Other comprehensiveincome (a+b)		838	(6)	975	1,240	1,063
XI	Totalcomprehensiveincomeforthe quarter/year(IX+		950	607	902	4,465	1,925
	N)
XII	i)	Paid-upequity share capital(facevalueRs. 5each)	1,681	1.681	1664	1.681	1,664
	ii)	Other equity				16,191	11,961
XIII	Earnings /(loss)perequity share
	(Rs.	not annualisedforthe quarters and year ended)
	-	Basic (amountinRs.)	0.33	1.83	(022)	9.62	2.63
	-	Diluted(amountinRs.)	0.33	18	(0.21)	9.34	2.52

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PRIME SECURITIES LIMITED

Regd. Office 1109 / 1110 , Maker Chambers V, Nariman Point, Mumbai 400021 (CIN: L67120MH1982PLC026724) Tel: +91-22-61842525 Fax: +91-22-24970777 Website: www.primesec.com Email: prime@primesec.com

STANDALONE STATEMENT OF ASSETS & LIABILITIES

		STANDALON	E STATEMENT OF ASS	ETS&LIABILITI	ETS&LIABILITI	ETS&LIABILITI	ES	ES
				(Rs. inLakhs,unless			otherwise stated)
					As at		As at
Particulars					31-Mar-25		31-Mar-24
					(Audited)		(Audited)
ASSETS
I.	Financial assets
	a)	Cashandcashequivalents				90		75
	b)	Bank balance other than (a)above				2 1 6		1,970
	c)	Receivables
		(i)Tradereceivables				1,536		1,230
		(ii) Otherreceivables				2		431
	d)	Loans				28		555
	e)	Investments			17187		10,453
	f	Otherfnancial assets				140		41
					19,199		14,755
11	Non-fnancialassets
	a)	Currenttaxassets (net)				192		442
	b)	Property,plant andequipment				347		153
	c)	Capital work-in-prgress				38		-
	d)	Otherintangible assets				6		9
	e)	Oternon-fnancialassets				108		44
						691		648
			TOTAL ASSETS		19.890		15.403
LIABILIIES AND EQUIY
I.	Financial liabilities
	a)	Payables
		Trade payales
		- Total outstanding dues ofmicroenterprises andsmall				-		-
		enterprises
		-Totaloutstandingduesof creditors other thanmicro				182		102
		enterprisesand small	enterprises
	b)	Borrwings				-		194
	c)	Other financialliabilities				407		568
						589		864
11	Non-financial liabilities
	a)	Prvisions				845		207
	b)	Defrred taxliabilities (net)				556		643
	c)	Othernon-fnancial liabilities				28		64
						1,429		914
I .	Equity
	a)	Equityshare capital				1,681		1,664
	b)	Otherequity			16,19I		11,961
					17,872		13,625
			TOTAL LIABILITIES AND EOUITY		19 890		15 403

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Regd. Oflice 1109/1110 , Maker Chambers V, Nariman Point, Mumbai 400021 (CIN, L67120MH1982PLC026724) Tel: +91-22-61842525 Fax. +91-22-24970777 Website: www.primesec.com Email: prime@primesec.com

PRIME SECURITIES LIMITED

STANDALONE STATEMENT OF CASH FLOW FOR THE YEAR ENDED MARCH 31, 2025

MARCH 31, 2025
Particulars	(RsinLakhsunless ' Yearended		otherwisestated) Year ended
	31-Mar-25		31-Mar-24
Cashflowfromoperating activities:
Proft before tax		3,203	1,016
Adjustments for;
Depreciationand amotisation expense		95	82
Changesin fir valuationofinvestment (net)		(323)	(2)
(Proft)/Loss onsale ofprperty, plantandequipments(net)		-	(0)
Gainonsaleof investments(net)		(163)	(8)
Interestexpense		4	37
Interestincome on deposits		(68)	( 156)
Dividendincome		( IO I)	(0)
Recovery of bad bcbts		88	(73)
Impairmentof fnancialassets		0212	(193
Operating profit before working capitalchanges		2,523	693
Adjustments for changes in working capital:
(Decrease)/Increase inprvisions		285	32
Increase/ (Decrease) in trde payables		80	I
Increase/ (Decrease)inoterfnancial liabilities		192	105
Increase/(Decrease)inother non-fnancial liabilities		(36)	23
(Increase)/Decreaseinotherfinancialassets		(99)	21
(Increase)/Decrease inother receivables		429	9
Decrease/(Increase)in trade receivables		(305)	26l
Decrease/(Increase) inothernon-fnancialassets		(63)	76
(ncrease)/DecreaseinLoans		527	(500)
Totalchangesin working capital		1,010	28
Cash generated from operations		3,533	71
Taxespaid,net of refnds		(396)	(341)
Net cash generated fromoperating activities (A)		3,137	380
Cash flowfrominvestingactivities:
Purchase of property,plant and equipmentsincluding capitalwork-in-progress		(325)	(12)
Proceedsfomsale/disposal of property,plant and equipments		368	0
Purchase ofInvestments	(4,934)		(2,937)
Prceeds fomsale/redemptionof investments		163	8
Decrease/(Increase) inother bankbalances		( 12)	(4)
Decrease/ (Increase) infxed depositswith maturity more than3months		1,765	2,368
Interest income		68	156
Dividend received		IOI	0
Net cashgenerated from/(usedin)investing activities (B)	(2,806)		(422
Cash fow from fnancing activities:
Proceedsfom issuance of Share capital		217	545
Borrowingsavailed during the yearfom related party		(194)	(291)
Borrowings repaidduringthe year		-	(2)
Interest paid		(4)	(37)
PaymentofDividend toshareholders		(335)	(162)
Net cashgenerated from/(used in)financing activities (C)		(316)	53
Net increase/(decrease)incashand cashequivalents (A+B+C)		15	11

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Particulars	Year ended	Year ended
	31-Mar-25	31-Mar-24
Cashand cash equivalents at thebeginning ofthe year	75	64
Cashand cash equivalentsat the end of the year	90	75
Total	15	J
Notes:
I)Cash and cash equivalents comprise of
Cas on hand	I	-
Balanceswith banks
Incurrent account	89	64
Demand deposits(ess than3monthsmaturity)	-	-
Cash and cashequivalentsat the endof the year	90	64
Notes:

The above Statement of Cash Flows has been prepared under indirect method as set out in Ind AS 7, 'Statement of Cash Flows', as specified under section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standard) Rules, 2015 (as amended).

Figures in brackets indicate cash outflows

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Standalone Notes:

• I The above standalone financial results have been prepared in accordance with the recognition and measurement principles laid down in the Companies (Indian Accounting Standard) Rules, 2015 (Ind-AS") prescribed under Section 133 of the Companies Aet, 20 1 3 read with the relevant rules issued thereunder and other accounting principles generally accepted in India. The standalone financial results were reviewed by Audit Committee and approved by the Board of Directors at its Meeting held on April 24, 2025. The results for the year ended March 3 I , 2025, have been audited by the statutory auditors of the Company and they have expressed an unmodified audit opinion on these standalone financial results. The results are available on the stock exchanges websites at www.bseindia.com / www.nseindia.com and on the website of the Company at www.primesec.com.

• 2 Exceptional item for the year ended March 31, 2025 represent the net gain on sale of a residential flat during the quarter ended June 30, 2024, calculated on the basis of realisation of sale price, net of directly allocatable expenses as reduced by the cost of flat (was classified as other receivables in the previous year).

• 3 Pursuant to the amendment approved by the shareholders at their meeting held on June 13. 2023, to the object clause for the utilization of funds received against the issue of equity shares in November 2021 to specified investors on a preferential basis, the Company have utilised part of the proceeds in terms of the permitted objects and the balance unutilized proceeds have been invested in the fixed deposits with bank pending utilisation in terms of the objects of the issue.

• 4 The audit report for the quarter ended March 3 1 , 2024 was qualified in respect of the impact of the fair value change in the quarter ended March 3 1 , 2024 and earlier quarters ended September 30, 2023 and December 31, 2023, in respect of the investment in an entity engaged in online gaming platform service business, on which the Company had recognised a reduction in fair value of the investment amounting to INR 1,243 lakhs in the quarter ended March 31 , 2024. The Company had not made any adjustment in the financial information for the preceding quarters ended September 30, 2023 and December 31 , 2023 as the regulatory changes in the gaming industry were in effect from October I , 2023 and adequate data, such as consumer reaction and the legal status of demands for the previous years, were not available for appropriate evaluation and hence its impact on the fair valuation was unascertainable to that extent.

• 5 The company had made a provision of INR I88 lakhs up to December 3 1 , 2024 in respect of delays in recovery of its invoices in accordance with its policy in this regard. The management has agreed to a client's request for an extended credit period as the plans arising out of the assignment have been delayed in implementation for reasons beyond the client's control. The extended credit period meant actual recovery in First Quarter of F,Y. 2025-2026. The company has therefore decided not to make further provision of INR 150 lakhs for the receivable.

• 6 The Company, on December 12, 2024, acquired 41.68% equity stake in Ark Neo Financial Services Private Limited ("Ark Neo"), from the Promoters of Ark Neo for consideration of INR 200 lakhs and subscribed to Optionally Convertible Debentures of INR 200 lakhs into Ark Nco.

• 7 During the year the board of directors have approved incorporation of two wholly-owned subsidiary companies i) Prime Advisory Partners Ltd in United Kingdom (UK), ii) PRAL Management Consultancies LLC in United Arab Emirates (UAE),

• 8 The Company has conducted an Extraordinary General Meeting on April 21, 2025 for buyback of equity shares the Company. The resolution of buyback has not been approved with the requisite majority.

• 9 During the quarter ended March 3 1 , 2025, the Company allotted 10,000 equity shares, pursuant to the exercise of employee stock options. For the year 2024-2025 the Company has made a total allotment of 3,34,000 equity shares, pursuant to the exercise of employee stock options.

• IO The Company has subsidiaries and associates as at March 3 1 , 2025 and accordingly, the audited consolidated financial results of the Company for the quarter and year ended March 3 1 , 2025, prepared in accordance with the applicable provisions of law, are also submitted to the concerned stock exchanges along with these audited standalone financial results.

• I I The Company has only one segment of business i.e. Financial Advisory and Intermediation services. There are no separate reportable segments in terms of Ind-AS 108.

• I2 The amounts reflected as "(" in the financial information are values with less than rupees one lakh.

• 13 Previous quarter and period / year ended figures have been regrouped / reclassified, wherever necessary, to confirm to the current quarter/ period presentation, the impact of such restatements / regroupings are not material to Financial Statements.

Mumbai April 24. 2025

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For Prime Securities Limited N. Jayakumar Managing Director and Group CEO (DIN: 00046048)

PRIME

PRESS RELEASE

AUDITED ANNUAL FINANCIAL RESULTS (CONSOLIDATED) (FY'25 vs FY'24)

• A) Total Revenues at 89.40 Cr vs < 66.64 Cr, an increase of about 34%

• B) Profit before Tax at ? 44.73 Cr vs 23.39 Cr, an increase of about 91 %

• C) Profit after Tax at ? 38.30 Cr vs ? 18.56 Cr, an increase of about 106%

• D) Total Comprehensive Income at ? 50.68 Cr vs ? 29.21 Cr, an increase of about 74%

• E) Diluted EPS for the Year at ? 11.15 per share vs 5.42 per share, an increase of about 106%

BUSINESS 1- GHLIGI-ITS

• ❖ Cash, cash equivalents and investments as of March 3 1 , 2025, is at 220.48 Cr.

• •• The Board of Directors has recommended a Dividend of ? 1.50/- per share for the year (against< 1/- per share paid for the previous financial year).

• •• The company continues to successfully build a combination of annuity income flows and transactional (success based) revenue streams.

Prime Securities Limited

1109 / 1110, Maker Chambers V, Nariman Point, Mumbai 400 021. CIN: L67120MH1982PLC026724 Website: www.primesec.com

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Tel : +91-22-6184 2525 Fax: +91-22-2497 0777

PRIME

• The company has commenced wealth management, as a new business vertical through a wholly-owned subsidiary, Prime Trigen Wealth Limited:

• Apart from two co-CEOs, 33 team members have been appointed.

• The technology platform, for onboarding and servicing clients, has been launched.

• ❖ Highly volatile markets, massive policy shifts from the US, host of ramifications in the FX, Commodity, Bond and Equity Markets - these have been the hallmarks of the financial world recently. Some peace and calm shall return soon and India should emerge a huge winner.

• ❖ While investors should note that the advisory business does not lend itself to quarterly or annual comparisons, much less extrapolation, it is equally important to highlight that both the number and size of deals, have been steadily rising. The management remains optimistic on the prospects of the Company over the next few years.

For ities Limited LR!"

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Mumbai, April 24, 2025

Prime Securities Limited

1109 / mo. Maker Chambers V Nariman Point, Mumbai 400 021. CIN: L67120MH1982PLC026724 Website: www.primesec.com

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Tel : +91-22-6184 2525 Fax: +91-22-2497 0777