Prime Securities Limited Reports Consolidated Unaudited Results; Focus Shifts to Trigen Wealth Growth
Prime Securities Limited has reported its unaudited consolidated financial results for the quarter, highlighting steady growth in both the number and size of deals within advisory services. The company is actively expanding its wealth management vertical, Trigen Wealth, as part of a strategy to diversify revenue streams away from the episodic nature of investment banking.The results show movement across key profitability metrics compared to the previous quarter (Q4 FY26) and Q1 FY26.
| Financial Metric | Current Quarter | Q4 FY26 | Q1 FY26 |
|---|---|---|---|
| Consolidated Revenues | INR 3,368 lakhs | INR 3,078 lakhs | INR 4,691 lakhs |
| Consolidated PBT (Pre-Exceptional Items) | INR 639 lakhs | Loss of INR 594 lakhs | INR 1,646 lakhs |
| Consolidated PAT | INR 236 lakhs | Loss of INR 1,292 lakhs | INR 1,088 lakhs |
The consolidated results include performance from Prime Trigen Wealth, which reported a PBT loss of INR 1,082 lakhs in the current quarter, compared to a loss of INR 441 lakhs in Q1 FY26. The company noted that employee expenses for the quarter reached INR 938 lakhs, an increase compared to Q1 FY26, attributed to the ramp-up phase of Prime Trigen Wealth.
Growth and Strategy Focus on Advisory Services
Prime Securities Limited is strategically building annuity revenue flows through franchise businesses like Trigen Wealth to smooth out volatility inherent in investment banking activities. The company maintains that while advisory business is challenging to compare across short timeframes, it is crucial to emphasize the steady rise in both the quantity and magnitude of deals being handled by the group.As of June 30, 2026, the AUM/AUA managed has surpassed INR 5,000 Cr. The income generation based on this metric is anticipated to commence during Q2 or Q3 FY27. Although fixed expenses related to the establishment of the wealth management vertical are estimated at approximately INR 60 Cr in FY27, revenue streams from this area have been deferred by one year due to regulatory changes in trial income recognition.
Trigen Wealth Operations and Outlook
Trigen Wealth is rapidly expanding its presence both geographically and in AUM coverage. As of the reporting date, the wealth management vertical has onboarded over 1,400 clients and more than 750 families. It operates from 14 locations, employing over 105 individuals. The group's total headcount stands at 147.Management projects that Trigen Wealth will reach break-even within approximately five to six quarters. As of the end of June 2026, the Cash plus Investments stood at around INR 270 Cr. Management expressed continued optimism regarding the company’s future prospects.
PRIMESECU Stock Price Movement
Prime Securities Limited shares rallied today, settling at ₹279.40 after climbing 4.2% in post-market trading. The stock’s movement occurred within a tight intraday range, charting between a low of ₹269.70 and a high of ₹285.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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