5003372025-01-012025-03-315003372025-03-315003372024-03-315003372024-04-012025-03-315003372025-01-012025-03-31in-capmkt:OtherExpenses1Member5003372024-04-012025-03-31in-capmkt:OtherExpenses1Member5003372025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15003372025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25003372024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15003372024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25003372025-01-012025-03-31AuditorDomain1iso4217:INRiso4217: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 opinion2025-01-012025-03-31UnauditedConsolidated8200000001079000007200000000123300000380000012710000000057300000700000410000011000000224000000-6100000308000001202000006900000069000003200000-5600000-24000009300000000-13000008000000831000009110000003000000016810000050.290.28000.290.281. 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 31, 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. <BR> 2.The consolidated financial results include the audited financial results of subsidiary companies as referred in note 11 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. <BR> 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). <BR> 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. <BR> 5. 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> 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 150 lakhs for the receivable. <BR> 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. <BR> 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). <BR> 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. <BR> 10.During the quarter ended March 31, 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. <BR> 11. As at March 31, 2025 the Holding Company has the following subsidiaries / associates: <BR> Subsidiaries: <BR> Prime Research and Advisory Limited - Incorporated in India - Wholly-owned Subsidiary of Prime Securities Limited <BR> Prime Trigen Wealth Limited - Incorporated in India - Wholly-owned Subsidiary of Prime Securities Limited <BR> Stepdown Subsidiaries: <BR> Prime Global Asset Management PTE Limited - Incorporated in Singapore – 60% Subsidiary of Prime Research & Advisory Limited <BR> Prime Litmus Investment Management Limited - Incorporated in India - 75% Subsidiary of Prime Research & Advisory Limited <BR> Associates: <BR> Ark Neo Financial Services Private Limited - Incorporated in India - Associate of Prime Securities Limited – w.e.f December 12, 2024 <BR> Subsidiary of Associates <BR> Suprasanna Finance Private Limited - Incorporated in India - Wholly-owned Subsidiary of Ark Neo Financial Services Private Limited <BR> 12.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. <BR> 13. The amounts reflected as "0" in the financial information are values with less than rupees one lakh. <BR> 14. 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.2024-04-012025-03-31AuditedConsolidated405000002000000798000000511000000008898000004200000894000000000278100000120000013200000922000000022400000767000004838000004102000003680000044700000092500000-3030000062200000384800000000-18000003830000001238000005068000000300000001681000005189270000011.4911.150011.4911.15Other Expenses30800000Other Expenses7670000013300000193000000021590000020000028000001759200000204000002204800000017700000000534000003800000001000000236000009950000023043000001681000001892700000206080000011000002061900000030000019200000000000442000006370000001199000005180000070000001787000002424000002304300000Remeasurement of defined employee benefit plans-1400000Remeasurement gain/ (loss) on fair valuation of investments in equity instruments9850000097100000Remeasurement of defined employee benefit plans-3900000Remeasurement gain/ (loss) on fair valuation of investments in equity instruments1482000001443000001400000020500000008310000012380000012000000-929000000429000000-18000000-156000000930000000013200000025700000026300000-2400000-100000200000405000000-51100000038600000000-63600000383400000000680000000315400000000000000520000000472700000000000000000000200000405000000186300000-29770000000217000000000000033500000120000000-13000000470000004700000860000013300000AuditedtrueSharp and Tanan Associatestrue2025-04-30