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Prime Securities Ltd. Interim / Quarterly Report 2026

Jul 22, 2025

59172_rns_2025-07-22_d6f54870-f896-42d5-a42e-6749779b283e.pdf

Interim / Quarterly Report

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July 22, 2025

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5[th] Floor, Plot No. C/1, Dalal Street, G Block, Bandra Kurla Complex, Fort, Mumbai 400001 Bandra (East), Mumbai 400051

Dear Sir / Madam,

Sub: Unaudited Financial Results (Consolidated and Standalone) for the Quarter ended June 30, 2025

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

In continuation of our letter dated July 14, 2025, and pursuant to Regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the Unaudited Financial Results (Consolidated and Standalone) for the Quarter ended June 30, 2025, along with the Limited Review Report of the Independent Auditors.

The above Financial Results were duly reviewed and recommended by the Audit Committee and approved and taken on record by the Board of Directors of the Company, at their respective meetings held today.

The Board Meeting commenced at 1:30 p.m. (IST) and concluded at 4:00 p.m. (IST)

This is for your information and records.

Thanking you,

Yours faithfully, For Prime Securities Limited

Ajay Shah Company Secretary (ACS-14359)

Prime Securities Limited 1109 / 1110, Maker Chambers V, Nariman Point, Mumbai 400021 CIN: L67120MH1982PLC026724 www.primesec.com

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

87 Nariman Bhavan 227 Nariman Point SHARP& Mumbai 400 021 India TANNAN +9122 6153 7500; 2202 2224/8857 ASSOCIATES www.sharpandtannan.com chartered accountants

Independent Auditor's Review Report on Unaudited Consolidated Financial Results of Prime Securities Limited for the Quarter ended June 30, 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

Introduction

We have reviewed the accompanying statement of unaudited Consolidated financial results of Prime Securities Limited ("the Company") for the quarter ended June 30, 2025 ("the statement"), being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

This statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on these financial results based on our review.

Scope of the Review

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Conclusion

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters.

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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

Emphasis of matters

We draw attention to Note 5 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.

The Component auditor of wholly owned subsidiary PRIME RESEARCH AND ADVISORY LIMITED had given following EOM in its review report for June 30, 2025.

"We draw attention to Note 4 of the accompanying financial results, which describes the recognition of revenue amounting to Rs. 2,795 lakhs by the Company during the quarter, invoking a non-circumvention clause in an advisory contract. As stated in the note, the Company has issued a formal demand notice to the client, which remains un-responded as of the date of our report. While there exists a material uncertainty with respect to the recoverability of the revenue, the management based on legal advice and substance of the contract considers the revenue as fully recoverable.

Our conclusion is not modified in respect of this matter." (Refer note 6 to The Statement)

The Component auditor of wholly owned subsidiary PRAL MANAGEMENT CONSULTANCIES LLC had given following EOM in its review report for June 30, 2025.

"We draw attention to Note 2 of the accompanying financial results, which describes that the Company is in the initial stages of its operations, has incurred a net loss of UAE Dirhams 4,64, 778 (Rs.108 lakhs) during the quarter and has accumulated losses of UAE Dirhams 2,54, 778 (Rs59 lakhs) as of the quarter end. The Company's ability to continue its operations is dependent on continued financial support from its Holding Company and the successful execution of management's business plans.

Our conclusion is not modified in respect of this matter." (Refer note 7 to The Statement)

The auditor of the Associate company namely ARKNEO FINANCIAL SERVICES PRIVATE LIMITED had given following EOM in its review report for June 30, 2025.

"We draw attention to Note 2 of the accompanying financial results, which describes the basis for recognition of deferred tax assets by the Company. The recognition is based on management's projections of future taxable profits and the resulting expectation that sufficient taxable income will be available to utilize the deferred tax assets. The realization of such deferred tax assets is dependent upon the Company achieving the projected performance.

Our conclusion is not modified in respect of this matter."

Our Conclusion is not modified with respect to these emphasis of matters referred above

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Assurance I Consulting I GRC I Tax

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

SHARP& TANNAN ASSOCIATES chartered accountants

Other Matters

We did not review the unaudited consolidated financial results of 1 subsidiary and unaudited standalone financ ial results of 1 subsidiary incorporated in INDIA and 2 foreign subsidiaries included in the statement whose financial information reflects total revenues of Rs. 3,396 lakhs, total net profit after tax of Rs 1,010 lakhs, total comprehensive income of Rs 999 lakhs for the quarter ended June 30, 2025, as considered in the Statement. These interim financial results have been reviewed by the other auditors whose review reports have been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these subsidiaries including the conversions from reporting currency to the local currency for foreign currency is based solely on the review reports of such other auditors and the procedures performed by us as stated in paragraph above.

The statement includes the Group share of unaudited standalone loss after tax of Rs. 40 lakh for the quarter ended June 30, 2025, and unaudited standalone Total Comprehensive income of Rs. (40) lakh for the quarter ended June 30, 2025, with respect to 1 associate. The unaudited consolidated financial results have been reviewed by other auditor 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 the review reports of such other auditor.

Our report is not modified in respect of these other matters

Place: Mumbai, INDIA Date: July 22, 2025

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For Sharp & Tannan Associates Chartered Accountants ICAI Firm Reg. No. 109983W By the hands of

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Partner Membership No. (F) 037457 UDIN : 25037457BMMBHF6587

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

PRIME SECURITIES LIMITED - CONSOLIDATED

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: [email protected]

STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025

(Rsin Lakhs, unless otherwise stated) Lakhs, unless otherwise stated)
Quarerended Year ended
Pariulars 30-Jun-25 31-Mar25 30-Jun-24 31-Mar-25
(Unaudited) (Unaudited) (Unaudited) (Audited)
I Revenue fom Opertions
Fee and commission income 3,91 1079 2.287 7,980
I Other Income
i)
Interest income
62 82 1 1 7 405
ii)
Dividend income
I 2
iii)Net gain onfir value changes
- Reaised 29 7 47 210
-Unrealised 570 462 301
iv) Others 69 38 42
Total Other Income 730 192 627 960
l Total income(1+ ) 4,691 1.271 2,914 8,940
Expenses
i)
Finance cost
10 7 2 1
ii)
Feeand commission expense
278 1 1 0 559 92
iii)Net loss on firvalue changes
-Unrealised 224
iv)Impairent on fnancial instruments 862 (61) 59 224
v)
Employee beneftexpenses
I ,191 573 857 2,781
vi)Depreciation and amortisationexpense 51 41 28 132
vii) Other expenses 653 308 178 767
IV Total expenses 3,045 1,202 1,683 4,838
V Proft befre exceptional items and tax (I -IV) 1,646 69 1231 4,102
VI Exceptional items (net) 368 368
VI Prft befre share of proft of Non-controlng interestand tax (V) 1,646 69 1,599 4,470
+(VI
VI Prft atributable to Non-contrllinginterest (0) 3 3
IX Prof befre tax(VI)+(VI) 1,646 7 1.599 4,473
X Tax expenses
-
Current tax charge
518 32 334 96
-
Earlier year tacharge/(credit)
(I)
-
Impact on defrred tax liability due to changein taxrte
(96) (417)
-
Defredtaxliability on temporr diferences
40 40 55 1 14
XI Proft after tax(IX-X) 1,088 96 1210 3,851
Share of Prft/(Loss) ofAssociate (40) (16) (21
XI Proft after Tax and Share of Proft/(Loss) of Assocate 1,048 80 1210 3,830
XI Other comprehensive income
a)
I
Items thatwil not berecassifed to prft or loss
(a) Remeasurement of defnedemployee beneft plans (25) (14) (21) (39)
(b)Remeasurementgain /(oss) on
fir valuation o
237 985 1,482
investments inequityinstruments
II)
Income ta relatingto items that wilnot be recassifed to
(28) (140) 6 (205)
prfor loss
b)
I)
Itemsthat wil be recassifedtoprft or loss
1)
Income ta relating to itemsthatwilbe recassifedto proft
or loss
Other comprehensiveincome / (a+b) 184 831 (15) 1,238
XIV Total comprehensive income fr thequarer/year(XI+ XI) 1,232 9 1 1 1,195 5,068
XV i)Paid-upequity share capital(fce valueRs. 5each) 1,681 1,681 167 1,681
ii)Other equity 18,927
XVI Earingsper equitshare
(Rs.not annualisedfr thequarers andyear ended)
- Basic(amount inRs.) 3.23 0.29 3.62 1149
-Diluted(amountin Rs.) RI7\3.15 0.28 3.53 115

Consolidated Notes:

  • 1 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 1 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with the requirements of Regulation 33 and Regulation 52 of the Securities and Exchange Board of India ("SEBI") Listing Obligations and Disclosure Requirements ("LODR") Regulations, 2 01 5 as amended from time to time. The consolidated financial results were reviewed by Audit Committee and approved and taken on record by the Board of Directors at its Meeting held on July 22, 2025. The results for the quarter ended June 30, 2025. have been reviewed 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 w .primesec.com.

  • 2 The consolidated financial results include the unaudited financial results of subsidiary companies as referred in note 9 and the share of profit/ (loss) attributable to the extent of holding based on unaudited financials of associate i.e. Ark Neo Financial Service Private Limited.

  • 3 Exceptional item for the year ended March 3 1 , 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 al locatable expenses as reduced by the cost of flat.

  • 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 fully utilised in terms of the permitted objects.

  • 5 The holding Company had made a provision of INR 1 88 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 upto Third Quarter of F.Y. 2025-2026. The holding Company has therefore decided not to make further provision ofINR 1 5 0 lakhs for the receivable.

  • 6 During the quarter, the subsidiary Company Prime Research and Advisory Limited ("PRAL") has recognized revenue of Rs. 2,795 lakhs towards corporate advisory services pursuant to a non-circumvention clause included in the advisory contract executed with a client. The revenue is recognised based on documentary evidences available with PRAL. PRAL has taken necessary steps to safeguard its claim including serving a formal demand notice to the client through its legal advisors. As of the reporting date, no formal response has been received from the client. Based on the legal advice, the substance of the arrangement, and the ongoing engagement with the client, PRAL considers the full revenue to be good and recoverable. Accordingly, no provision for doubtful receivables has been recorded.

  • 7 PRAL Management Consultancies LLC ("PMCL"), in the cu ent quarter, is set-up by Prime Securities Limited ("PSL") to set up a business unit as 1 % Subsidiary. The expenses incu ed for incorporation and relevant set-up costs have been funded as Equity by PSL. All costs incurred have been debited to expenses account and are funded by the equity infusion. The net worth thus is eroded. Being in the first year, and there being no external liabilities, and based on the strength of the PSL, PMCL is classified as a going concern.

  • 8 The Holding Company, during the quarter ended June 30, 2025 subscribed to Optionally Convertible Debentures of INR 50 lakhs into Ark Neo Financial Services Private Limited ("Ark Neo"). The Company has acquired 41.68% equity stake in Ark Neo from the Promoters of Ark Neo in previous year.

  • 9 As at June 30, 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

  • Prime Advisory Partners Limited - Incorporated in United Kingdom (UK) - 90.91 % Subsidiary of Prime Securities Limited

  • PRAL Management Consultancies LLC - Incorporated in United Arab Emirates (UAE) - 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 Prime Litmus Ventures LLP - Incorporated in India - 99.80% Subsidiary of Prime Research & Advisory Limited Associates:

  • Ark Neo Financial Services Private Limited - Incorporated in India- 41.68% Associate of Prime Securities Limited

  • 1 0 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.

  • 1 1 The amounts reflected as "O" in the financial information are values with less than rupees one lakh.

  • 12 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.

Lis ban, Portugal, July 22, 2025

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----- Start of picture text -----

For Prime Securities Limited
{
14
­
N. Jayakumar
anaging Director and Group CEO
(DIN: 00046048)
----- End of picture text -----

87 Nariman Bhavan SHARP& 227 Nariman Point Mumbai 400 021 India TANNAN ; 2202 2224/8857 2202 2224/8857 /8857 8857 ASSOCIATES sharpandtannan.com .com com chartered accountants

+9122 6153 7500; 2202 2224/8857 2202 2224/8857 /8857 8857 www.sharpandtannan.com .com com

Independent Auditor's Limited Review Report on Unaudited Standalone Financial Results of Prime Securities Limited for the Quarter ended June 30, 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

Introduction

' We have reviewed the accompanying statement of unaudited standalone financial results of Prime Securities Limited ("the Company") for the quarter ended June 30, 2025 ("the statement"), being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

This statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on these financial results based on our review.

Scope of the Review

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Conclusion

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 includin g the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters.

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Assurance I Consulting I GRC I Tax

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

SHARP& TANNAN ASSOCIATES chartered accountants

Emphasis of matter

We draw attention to Note 4 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 this emphasis of matter

Place: Mumbai, INDIA Date: July 22 2025

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For Sharp & Tannan Associates Chartered Accountants \CAI Firm Reg. No. 109983W By the hands of

==> picture [145 x 68] intentionally omitted <==

Partner Membership No. () 037457 UDI N: 250374578MMBHE8O3O

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

Regd. Office : 1109/1 l 10, Maker Chambers V, Nari man Point, Mumbai 400021 (CIN: L67120MH l 982PLC026724) Tel +91-22-61842525 Fax. +91-22-24970777 Website: www.primesec.com Email: [email protected]

PRIME SECURITIES LIMITED

STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025

(Rsin Laks,unlessothenvise stated) Laks,unlessothenvise stated)
Quarter ended Yearended
Particulars 30-Jun-25 31-Mar-25 30-Jun-24 31-Mar-25
(Unaudited) (Unaudited) (Unaudited) (Audited)
I Revenue fom Opertions
Fee and commission income 985 375 802 4,824
I OtherIncome
i) Interestincome 17 33 61 195
ii) Dividend income - - 101 II
iii) Net gain on fir value changes
- Realised 12 44 43 163
- Unrealised 519 - 367 323
iv) Others 69 37 - 41
Total Other Income 617 11 4 572 823
I Total income (1+1) 1,602 489 1,374 5,647
Expenses
i) Finance cost 10 6 6 15
ii) Feeand commission expense 3 (I ) -
iii) Net loss on fir value changes
-Unrealised - 123 -
iv) Impairment on fnancial instruments 862 (62) 59 223
v) Employee beneft expenses 366 274 482 1,672
vi) Depreciation and amorisation expense 41 2 22 95
vii) Other expenses 213 155 131 439
IV Totalexpenses 1,495 423 700 2,444
V Prftbefre exceptional itemsand tax (II-IV) 107 66 674 3,203
VI Exceptionalitems (net) - - 368 368
VI Prftbefre tax()+(VI) 107 66 1,042 3,571
VI Tax expenses/(credits)
- Current tax charge/( credit) - ( 15) 190 642
- Earlier year tax charge/(credit) - - - (4)
- Impact on defrred tax liability due to change in tax rte - (96) - (417)
- Defrred tax liability on temporar diferences 29 65 38 125
IX Prf after tax(VI-VI) 78 112 814 3,225
X Othercomprehensiveincome
a) I
Items that wil not be recassifed
to prft or loss
(a)Remeasurement of defned employee beneft plans (11) (5) (16) (37)
(b) Remeasurement gain/(oss) on fir valuation of 237 985 - 1,482
investments in equity instruments
1)Income tax relating to items that wi not berecassifed to (31) (42) 5 (205)
profit or loss
b) I)
Iems that wil be reclassifed to
prft or loss - - -
1)Income tax relating to items thatwibe reclassifed to prft - - -
orloss
Othercomprehensiveincome (a+b) 195 838 (11 ) 1,240
XI Total comprehensive incomefr thequarter/ year(X+ X) 273 950 803 4,465
XII i) Paid-up equity share capital (fce value Rs. 5 each) 1,681 1.681 1.677 1,681
ii) Other equity 16,191
XI Earings/(loss) per equity share
(Rs. not annualised fr the quarers and year ended)
- Basic (amountin Rs.) 0.23 0.33 2.4 9.62
- Diluted(amount in Rs.) 0.23 0.33 2.37 9.34
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Standalone Notes:

  • 1 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 Act, 2013 read with the relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with the requirements of Regulation 33 and Regulation 52 of the Securities and Exchange Board of India ("SEBI") Listing Obligations and Disclosure Requirements ("LODR") Regulations, 2015 as amended from time to time. The standalone financial results were reviewed by Audit Committee and approved and taken on record by the Board of Directors at its Meeting held on July 22, 2025. The results for the quarter ended June 30, 2025, have been reviewed by the statutory auditors of the Company and they have expressed an unmodified audit conclusion on these standalone financial results. The results are available on the stock exchanges websites at w .bseindia.com / www.nseindia.com and on the website of the Company at www.primesec.com.

  • 2 Exceptional item for the year ended March 3 1 , 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.

  • 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 fully utilised in terms of the permitted objects.

  • 4 The Company had made a provision ofINR 188 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 upto Third Quarter of F.Y. 2025-2026. The Company has therefore decided not to make further provision of INR 150 lakhs for the receivable.

  • 5 The Company, during the quarter ended June 30, 2025 subscribed to Optionally Convertible Debentures of INR 50 lakhs into Ark Neo Financial Services Private Limited ("Ark Neo"). The Company has acquired 41.68% equity stake in Ark Neo from the Promoters of Ark Neo in previous year.

  • 6 The Company has subsidiaries and associates as at June 30, 2025 and accordingly, the unaudited consolidated financial results of the Company for the quarter ended June 30, 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.

  • 7 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.

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

  • 9 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.

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

Lisbon, Portugal, July 22, 2025

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PRESS RELEASE

UNAUDITED FINANCIAL RESULTS (CONSOLIDATED) QUARTER ENDED JUNE 30, 2025 (vs Quarter ended June 2024)

  • A) Total Revenues at ₹ 46.91 Cr vs ₹ 29.14 Cr, an increase of about 61%

Quarterly Revenues at about 52% of full year FY25

  • B) Profit before Tax (pre-exceptional items) at ₹ 16.46 Cr vs ₹ 12.31 Cr, an increase of about 34%

  • C) Q1 FY’26 PBT arrived at after recognizing an additional expense of ₹ 5.53 Cr (on account of the newly established Prime Trigen Wealth activities and the recently established operations in UK and UAE)

  • D) Profit after Tax (pre-exceptional items) at ₹ 10.48 Cr vs ₹ 8.42 Cr, an increase of about 25%

  • E) Diluted EPS (pre-exceptional items) for the Quarter at ₹ 3.15 per share vs 2.44 per share, an increase of about 29 %

BUSINESS HIGHLIGHTS

  • Cash, cash equivalents and investments as of June 30, 2025, is at ₹ 247.66 Cr., an all-time high.

  • 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 (“TriGen”):

Prime Securities Limited

1109 / 1110, Maker Chambers V, Nariman Point, Mumbai 400021 CIN: L67120MH1982PLC026724 www.primesec.com

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

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  • a) Under the leadership of Mr. Sailesh Balachandran and Mr. Maneesh Kapoor, Joint CEOs, the team has expanded its presence across seven strategic locations, balancing metro areas with key Tier-II cities, Mumbai / Dehi / Bangalore / Chennai / Salem / Hyderabad and Kochi

  • b) The team has grown to 65 members, featuring top-tier Wealth Management professionals, with an average 18 years of experience

  • c) Within the first 100 days of operation, the team has successfully onboarded over 125 HNI & UHNI families

  • d) Technology is a core pillar for TriGen Wealth’s growth. TriGen Wealth has secured an exclusive partnership with global tech leaders, ETON Solutions, and with an Indian firm for advanced AI-driven portfolio analytics

  • 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 Prime Securities Limited

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N. Jayakumar Managing Director and Group CEO

Lisbon, Portugal July 22, 2025

Prime Securities Limited 1109 / 1110, Maker Chambers V, Nariman Point, Mumbai 400021 CIN: L67120MH1982PLC026724 www.primesec.com

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