Prime Securities Ltd. — Interim / Quarterly Report 2025

Oct 22, 2024

==> picture [170 x 106] intentionally omitted <==

PRESS RELEASE

UNAUDITED FINANCIAL RESULTS (CONSOLIDATED) QUARTER ENDED SEPTEMBER 30, 2024 (vs Q2 FY24)

• A) Total Revenues for the Quarter at ₹ 29.83 Cr vs ₹ 15.40 Cr , an increase of about 94%

• B) Profit before Tax for the Quarter at ₹ 17.90 Cr vs ₹ 4.58 Cr , an increase of about 291%

• C) Profit after Tax for the Quarter at ₹ 17.20 Cr vs ₹ 3.95 Cr, an increase about 335%

• D) Total Comprehensive Income for the Quarter at ₹ 21.44 Cr vs ₹ 3.88 Cr, an increase of about 453%

• E) Diluted EPS for the Quarter at ₹ 4.98 vs ₹ 1.16

*****

�������������������������

• �������������������������������

• �����������������������������

• ���������������������������

• ����������������

==> picture [594 x 36] intentionally omitted <==

������������������������ �����������������������

==> picture [170 x 106] intentionally omitted <==

UNAUDITED FINANCIAL RESULTS (CONSOLIDATED) HALF YEAR ENDED SEPTEMBER 30, 2024 (vs H1 FY24)

• A) Total Revenues for the Half Year at ₹ 58.97 Cr vs ₹ 36.08 Cr , an increase of about 63%

Half Yearly Revenues at about 88% of full year FY24

• B) Profit before Tax for the Half Year at ₹ 33.89 Cr vs ₹ 11.23 Cr , an increase of about 202%

Half Yearly Profit before Tax at about 145% of full year FY24

• C) Profit after Tax for the Half Year at ₹ 29.30 Cr vs ₹ 8.98 Cr, an increase of about 226%

Half Yearly Profit after Tax at about 158% of full year FY24

• D) Total Comprehensive Income for the Half Year at ₹ 33.39 Cr vs ₹ 8.87 Cr, an increase of about 276%

• E) Diluted EPS for the Half Year at ₹ 8.49 vs ₹ 2.63 ( for the Half Year ended September 2024) vs ₹ 5.42 (for full year FY24)

*****

�������������������������

������������������������������� ����������������������������� ���������������������������

• ����������������

==> picture [594 x 36] intentionally omitted <==

������������������������ �����������������������

==> picture [170 x 106] intentionally omitted <==

BUSINESS HIGHLIGHTS

• The company surplus, comprising cash and cash equivalents, is approximately INR 190 cr. at the end of Sep’24 quarter.

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

• The company has commenced wealth management, as a new business vertical, through a Wholly-owned Subsidiary, Prime Trigen Wealth Limited.

• Secondary markets have shown fatigue, a combination of excessive valuations and large issuances of capital, over the last six months. While headline indices have hardly corrected, several sectors have seen upto 25-30% fall in prices. This should create some headwinds for achieving closure of fund raising mandates over the next few quarters. It will however, bring in sanity in valuations and moderate return expectations amongst investors.

• While investors should note that the advisory business does not lend itself to quarterly or annual comparisons, 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 Prime Securities Limited

Digitally signed by JAYAKUMAR NARAYANSWAMI DN: c=IN, o=Personal, JAYAKUMAR pseudonym=AFD0EFA88D3BB4255BFBE5270351 020C, 2.5.4.20=6a1e882d8ce1292650f024ad4db2e035a NARAYANS 1446bda6402f82bfce15cbf4f30dfd3, postalCode=400006, st=Maharashtra, serialNumber=815CEE63EA2095D43F5CBA54FE7 55B9DF6AA48086D67A8D94798BECBFFCFAB87, WAMI cn=JAYAKUMAR NARAYANSWAMI Date: 2024.10.22 18:40:26 +05'30' N. Jayakumar

Managing Director and Group CEO

Mumbai, October 22, 2024

�������������������������

������������������������������� ����������������������������� ���������������������������

����������������

==> picture [594 x 36] intentionally omitted <==

������������������������ �����������������������