5003372025-01-012025-03-315003372025-03-315003372024-03-315003372024-04-012025-03-315003372025-01-012025-03-31in-capmkt:OtherExpenses1Member5003372024-04-012025-03-31in-capmkt:OtherExpenses1Member5003372025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15003372025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25003372024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15003372024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25003372025-01-012025-03-31RelatedPartyTransactionDomain15003372024-12-31RelatedPartyTransactionDomain15003372025-03-31RelatedPartyTransactionDomain15003372025-01-012025-03-31RelatedPartyTransactionDomain25003372024-12-31RelatedPartyTransactionDomain25003372025-03-31RelatedPartyTransactionDomain25003372025-01-012025-03-31RelatedPartyTransactionDomain35003372024-12-31RelatedPartyTransactionDomain35003372025-03-31RelatedPartyTransactionDomain35003372025-01-012025-03-31RelatedPartyTransactionDomain45003372024-12-31RelatedPartyTransactionDomain45003372025-03-31RelatedPartyTransactionDomain45003372025-01-012025-03-31RelatedPartyTransactionDomain55003372024-12-31RelatedPartyTransactionDomain55003372025-03-31RelatedPartyTransactionDomain55003372025-01-012025-03-31RelatedPartyTransactionDomain65003372024-12-31RelatedPartyTransactionDomain65003372025-03-31RelatedPartyTransactionDomain65003372025-01-012025-03-31RelatedPartyTransactionDomain75003372024-12-31RelatedPartyTransactionDomain75003372025-03-31RelatedPartyTransactionDomain75003372025-01-012025-03-31RelatedPartyTransactionDomain85003372024-12-31RelatedPartyTransactionDomain85003372025-03-31RelatedPartyTransactionDomain85003372025-01-012025-03-31RelatedPartyTransactionDomain95003372024-12-31RelatedPartyTransactionDomain95003372025-03-31RelatedPartyTransactionDomain95003372025-01-012025-03-31RelatedPartyTransactionDomain105003372024-12-31RelatedPartyTransactionDomain105003372025-03-31RelatedPartyTransactionDomain105003372025-01-012025-03-31AuditorDomain15003372025-03-31Statement15003372025-01-012025-03-31Statement15003372025-03-31StatementDynamic1I1Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares500337PRIMESECUNOTLISTEDINE032B01021PRIME SECURITIES LIMITEDMain BoardEquity2024-04-012025-03-312025-04-242025-04-14INRLakhsQuarterlyFourth quarterSingle segmentFinancial Advisory & Intermediation Services2025-04-2417:00:002025-04-2420:00:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2025-04-24www.primesec.comtrue1falseNone2025-01-012025-03-31UnauditedStandalone33000000037500000440000000045200000370000048900000000274000006000002700000-10000000123000000-62000001550000042300000660000006600000-1500000-3100000-460000011200000000011200000838000009500000016810000050.330.33000.330.331. 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. 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 31, 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. <BR> 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). <BR> 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. <BR> 4. The audit report for the quarter ended March 31, 2024 was qualified in respect of the impact of the fair value change in the quarter ended March 31, 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 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. <BR> 5.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 150 lakhs for the receivable. <BR> 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 Neo. <BR> 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). <BR> 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. <BR> 9. During the quarter ended March 31, 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. <BR> 10.The Company has subsidiaries and associates as at March 31, 2025 and accordingly, the audited consolidated financial results of the Company for the quarter and year ended March 31, 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. <BR> 11.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. <BR> 12.The amounts reflected as "0" in the financial information are values with less than rupees one lakh. <BR> 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.2024-04-012025-03-31AuditedStandalone195000001010000004824000004860000000056060000041000005647000000001672000001500000950000000022300000439000002444000003203000003680000035710000063800000-29200000346000003225000000000322500000124000000446500000168100000516191000009.629.34009.629.34Other Expenses15500000Other Expenses439000009000000216000000153600000200000280000017187000001400000019199000000192000000003470000038000000060000010800000691000001989000000168100000161910000017872000001787200000001820000000000040700000589000000845000005560000028000001429000002018000001989000000Remeasurement of defined employee benefit plans-500000Remeasurement gain/ (loss) on fair valuation of investments in equity instruments9850000098000000Remeasurement of defined employee benefit plans-3700000Remeasurement gain/ (loss) on fair valuation of investments in equity instruments148200000144500000142000002050000000838000001240000004000000-305000000429000000-6300000-9900000080000000009500000028500000019200000-360000001010000068000000-48600000040300000000330000003901000000003960000003505000000000000003250000004771000000000000000000001010000068000000175300000-31740000000217000000000001940000003350000040000000-3160000015000000150000075000009000000Prime Securities Limited******Prime Research & Advisory Limited******SubsidiariesInter-corporate depositNA0163000163000Inter-corporate deposit0.1NAUnsecuredICDPrime Securities Limited******Prime Research & Advisory Limited******SubsidiariesInterest paidNA1400000Prime Securities Limited******Prime Research & Advisory Limited******SubsidiariesAny other transactionExpensesNA47800000Prime Securities Limited******Prime Trigen Wealth Limited******SubsidiariesAny other transactionExpensesNA150600000Prime Securities Limited******N. Jayakumar******Remuneration to KMPRemunerationNA6804100000Prime Securities Limited******Arun Shah******Remuneration to KMPRemunerationNA1284200000Prime Securities Limited******Ajay Shah******Remuneration to KMPRemunerationNA734700000Prime Securities Limited******Independent Directors******Sitting Fees to Independent DirectorsAny other transactionSitting Fees to Independent DirectorsNA248000000Prime Securities Limited******Arun Shah******Loan Repayment of KMPLoanNA60000000Loan0.08NAUnsecuredLoan to KMPPrime Securities Limited******Arun Shah******Interest received on Loan to KMPInterest receivedNA910000093399000AuditedtrueSharp and Tanan Associatestrue2025-04-30Preferential Issues2021-11-124038000002025-03-31falsefalseNAStatement as on March 31, 2025, was placed before the Audit Committee at its Meeting held on April 24, 2025NoneAjay ShahCompany Secretary and Compliance OfficerMumbai2025-04-24Making investments in one or more digitally powered platforms or marketplacea) Making investments in one or more digitally powered platforms or marketplace; b) Making investments in one or more companies involved in financial services / manufacturing and distribution of financial products, mutual fund products, Alternate Investment Funds (AIFs), Wealth Management and Portfolio Management products / products involving financial inclusion and general corporate purposes; c) Making investments in office infrastructure; d) General corporate purposes not exceeding exceed INR 1,000 lakhs, being less than 25% of the total funds raised.4038000004038000003931000000