Motilal Oswal has issued a Neutral rating on Prudent Corporate Advisory with a target price of Rs 3,260 in its research report dated July 27, 2026. According to the report, the target price is based on 37x FY28E EPS valuation methodology.
Prudent Corporate Advisory reported operating revenue of approximately Rs 3.5 billion for the first quarter of FY27, representing 18% year-on-year growth but 4% quarter-on-quarter decline. As reported by Motilal Oswal, commission and fees income for the quarter increased 18% YoY to approximately Rs 3.4 billion, with Rs 2.9 billion contributed by distribution of mutual fund products and Rs 351 million from insurance product distribution.
According to Motilal Oswal's analysis, the company expects Prudent to deliver revenue/EBITDA/PAT CAGR of 18%/23%/29% over the FY26-28 period. The research firm has reiterated its Neutral rating with the specified target price, indicating a cautiously optimistic outlook for the company's growth trajectory.
