June 2 : The Company announced a landmark year of performance marked by record revenues, strong profitability, and rapid scale-up across its Investment Banking and Wealth Management businesses.
Record Financial Performance
The Company delivered its highest-ever consolidated revenues of INR 138 crore, registering a strong 54% full-year growth. Profit after tax (including other comprehensive income) stood at INR 39.45 crore, after accounting for an exceptional charge of INR 11.78 crore.
The core Investment Banking and Advisory business continued its strong trajectory, generating revenues of INR 116.50 crore and profit before tax of INR 42.14 crore, underscoring sustained deal momentum and expanding transaction sizes.
Strong First-Year Performance in Wealth Management
The Company’s newly established wealth management subsidiary, Prime Trigen Wealth, delivered a solid debut year, recording revenues of INR 21.48 crore.
During the year, all setup and related costs were fully expensed, resulting in total expenses of INR 45.23 crore and a PBT loss of INR 23.75 crore for the subsidiary.
Despite being in its initial phase, Trigen Wealth has demonstrated strong early traction, onboarding 850+ clients and 600+ families, operating across 9 locations with over 100 employees, and building an AUM/AUA base of approximately INR 3,500 crore as of March 31, 2026.
The business is expected to begin revenue recognition from Q1/Q2 FY27 due to regulatory changes in trail income accounting, with management guiding towards a break-even timeline of approximately six quarters.
Strategic Fundraise and Expansion
Prime Trigen Wealth has attracted strong interest from select equity investors and HNIs for a proposed fundraise of approximately INR 30 crore at a pre-money valuation of INR 550 crore, implying a dilution of around 5%.
The establishment of the wealth management vertical is expected to entail fixed annual expenses of approximately INR 60 crore in FY27, as the company continues to invest in scaling its franchise-led model.
Balance Sheet Strength and Operational Scale
The Group reported a strong liquidity position with cash and investments of approximately INR 250 crore as of March 31, 2026. Total headcount across the Group stands at 139 employees.