INTEGRATED FILING — NBFC



General information about company

Scrip code 500337
NSE Symbol PRIMESECU
MSEI Symbol NOTLISTED
ISIN INE032B01021
Name of company PRIME SECURITIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 20-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 12-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Financial Advisory & Intermediation Services
Start date and time of board meeting 20-01-2026   16:50:00
End date and time of board meeting 20-01-2026   19:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion


Financial Results — NBFC

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations
(i) Interest Income 63.00 198.00
(ii) Dividend Income 0.00 1.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 2,938.00 9,834.00
(v) Net gain on fair value changes 17.00 684.00
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 0.00 0.00
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 3,018.00 10,717.00
Other income 1.00 70.00
Total income 3,019.00 10,787.00
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 1,574.00 4,252.00
Finance costs 22.00 50.00
Depreciation, depletion and amortisation expense 123.00 249.00
Fees and commission expense 342.00 997.00
Net loss on fair value changes 46.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 268.00 1,322.00
(f) Other expenses
1 Other Expenses 388.00 1,484.00
Total other expenses 388.00 1,484.00
Total expenses 2,763.00 8,354.00
3 Total profit before exceptional items and tax 256.00 2,433.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 256.00 2,433.00
7 Tax expense
8 Current tax 190.00 63.00
9 Deferred tax (165.00) (354.00)
10 Total tax expenses 25.00 (291.00)
11 Net Profit Loss for the period from continuing operations 231.00 2,724.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method (21.00) (89.00)
15 Total profit (loss) for period 210.00 2,635.00
16 Other comprehensive income net of taxes 29.00 424.00
17 Total Comprehensive Income for the period 239.00 3,059.00
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 (2.00)
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
20 Details of equity share capital
Paid-up equity share capital 1,695.00 1,695.00
Face value of equity share capital 5 5
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 0.69 8.08
Diluted earnings per share from continuing operations 0.67 7.88
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 0.69 8.08
Diluted earnings per share 0.67 7.88
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results Textual Information(1)


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Text Block

Textual Information(1) 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 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 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 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 January 20, 2026. The results for the quarter and nine months ended December 31, 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 www.primesec.com. 2. The consolidated financial results include the unaudited financial results of subsidiary companies as referred in note 10 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 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. 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. Prime Research and Advisory Limited (PRAL) had acquired 60% equity stake in Prime Global Asset Management Pte. Ltd., Singapore (PGAM), which was set-up to undertake the fund management business and offer its services to global institutional investors and family offices. The remaining 40 per cent were held by Partners of the venture. The proposed activities could not be started due to various reasons . Hence, during the quarter, PGAM had returned the capital after reducing the costs incurred and applied for striking-off the name from the records of the registering authority. In view of the same, PGAM ceased to be a stepdown subsidiary of Prime Securities Limited. 6. During the quarter ended June 30, 2025, Prime Research and Advisory Limited (PRAL) had recognised revenue amounting to Rs. 2,795 lakhs towards corporate advisory services, pursuant to a non-circumvention clause contained in the advisory contract executed with a client. Subsequent to the issuance of a formal demand notice to the client through the its legal advisors in the previous quarters, PRAL has filed a petition for initiation of Corporate Insolvency Resolution Process (CIRP) before the Hon’ble National Company Law Tribunal (NCLT). The matter is sub judice. Based on legal advice obtained and the substance of the arrangement, PRAL is of the view that the recognised revenue is good and recoverable. In view of the special circumstances, the provision policy of PRAL is dispensed with for the transaction. 7. The Holding Company, during the quarter and nine months ended December 31, 2025 subscribed to Optionally Convertible Debentures of INR 150 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. 8. Prime Trigen Wealth Limited (PTWL) has recognised deferred tax assets amounting to Rs. 405 lakhs as at December 31, 2025, based on management’s projections of future taxable profits and the business plans prepared by the management. The realization of such deferred tax assets is dependent upon the achievement of these projections and the availability of sufficient future taxable income. 9.The holding Company, and Primesec Investment Limited which has since merged with the company effective April 1, 2020, have in earlier years paid Minimum Alternate Tax (MAT) which were appropriated from profits in the years of payment. This treatment was given in the financial statements based on the uncertainty of timing and amount of the set off available under the relevant Income Tax Act. The returns of Income filed in all years have continued to show the set off available. In the last 3 years, an actual set off aggregating to Rs. 361 lakhs is availed by the Company in its tax returns. Based on the near certainty of taxable profits and hence the set off being available, the amount of unabsorbed MAT aggregating to Rs. 841 lakhs is now disclosed in the financial statements as below: A.Y.-2017-18 Rs. 57 lakhs A.Y. 2018-19 Rs. 262 lakhs A.Y. 2019-20 Rs. 409 lakhs A.Y. 2020-21 Rs. 113 lakhs 10. As at December 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 - 89.25% Subsiadiary 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 (Upto October 14, 2025) 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 11.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. 12.The amounts reflected as 0 in the financial information are values with less than rupees one lakh. 13.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.




Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined employee benefit plans 4000000 1500000
2 Remeasurement gain/ (loss) on fair valuation of investments in equity instruments 0 48400000
Total Amount of items that will not be reclassified to profit and loss 4000000 49900000
2 Income tax relating to items that will not be reclassified to profit or loss 11.00 75.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 29.00 424.00




Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Sharp and Tanan Associates Yes 30-04-2028