| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 89 | 144.8 | 429 |
| Cost of Material Consumed | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 |
| Gross Margins | 100 | 100 | 100 |
| Employee Benefit Expenses | 22 | 28.68 | 63 |
| Other Expenses | 11 | 12.23 | 24 |
| EBITDA | 56 | 103.89 | 342 |
| OPM | 62.92 | 71.75 | 79.72 |
| Other Income | 1 | 1.58 | 0.25 |
| Finance Cost | 0 | 0 | 0.7 |
| D&A | 2 | 1.89 | 5.3 |
| EBIT | 54 | 102 | 336.7 |
| EBIT Margins | 60.67 | 70.44 | 78.48 |
| PBT | 55 | 103 | 336 |
| PBT Margins | 61.8 | 71.13 | 78.32 |
| Tax | 16 | 26.53 | 89 |
| PAT | 39 | 76.47 | 247 |
| NPM | 43.82 | 52.81 | 57.58 |
| EPS | 50.98 | 99.72 | 321.2 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 62.92 | 71.75 | 68.87 | 79.72 |
| Net Profit Margin | 43.82 | 52.81 | 51.47 | 57.58 |
| Earning Per Share (Diluted) | 50.98 | 99.72 | 142.29 | 321.2 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 19 | 19.72 | 23 | 35 |
| CWIP | 0 | 0 | 0 | 0.1 |
| Investments | 96 | 168 | 263 | 605 |
| Trade Receivables | 12 | 15.95 | 24 | 44 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 4 | 5.33 | 7 | 17.9 |
| Total Assets | 131 | 209 | 317 | 702 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 7.65 | 7.6681 | 7.6681 | 7.69 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 117 | 193 | 298 | 641 |
| Borrowings | 0 | 0 | 0 | 0 |
| Trade Payables | 0 | 1.1 | 1.1 | 1.5 |
| Other Liabilities | 6.35 | 7.23 | 10.23 | 51.81 |
| Total Liabilities | 131 | 209 | 317 | 702 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | 56 | 103.05 | 146.32 | 336 |
| OPBWC | 56 | 103.43 | 145.44 | 291 |
| Change in Receivables | -7 | -3.78 | -8.27 | -19 |
| Change in Inventories | 0 | 0 | 0 | 0 |
| Change in Payables | 3 | 1.62 | 3.09 | 0.5 |
| Other Changes | 2.3 | 0.5 | -1 | 3.5 |
| Working Capital Change | -1.7 | -1.66 | -6.18 | -15 |
| Cash Generated From Operations | 54.3 | 101.77 | 139.26 | 276 |
| Tax | -16.14 | -27.57 | -37.63 | -78 |
| Cash Flow From Operations | 38.16 | 74.2 | 101.63 | 198 |
| Purchase of PPE | -1.5 | -3.09 | -5.63 | -14 |
| Sale of PPE | 0 | 0 | 0 | 0.06 |
| Cash Flow From Investment | -40.68 | -74.63 | -96.68 | -190 |
| Borrowing | 0 | 0 | 0 | 0 |
| Dividend | 0 | 0 | -4.21 | -6.7 |
| Equity | 3.99 | 0.2876 | 0 | 0.46 |
| Others From Financing | -1.51 | 0 | 0 | -2.76 |
| Cash Flow from Financing | 2.48 | 0.29 | -4.21 | -9 |
| Net Cash Generated | -0.04 | -0.14 | 0.74 | -1 |
| Cash at the Start | 0.72 | 0.664 | 0.49 | 1.24 |
| Cash at the End | 0.68 | 0.52 | 1.23 | 0.24 |
Parag Parikh Financial Advisory Services Ltd. (PPFAS) is a well-known Indian financial services company recognized for its conservative, research-driven, and value-oriented investment philosophy. Founded by the late Mr. Parag Parikh, the firm has built a strong reputation for investor education, ethical advisory practices, and long-term wealth-building strategies. PPFAS initially focused on portfolio management, advisory services, and investor awareness programs, gradually expanding into broader asset-management activities while retaining its core commitment to simplicity and transparency. Its investment approach is heavily influenced by global value-investing principles, emphasizing business quality, margin of safety, and long-duration holding periods.
Over the years, PPFAS has differentiated itself from mainstream financial firms by deliberately avoiding short-term speculation, complex financial products, and aggressive sales behavior. Instead, the company prioritizes deep fundamental research, prudent risk management, and direct communication with investors. This has helped PPFAS cultivate a loyal investor base that appreciates its discipline and integrity. The firm is known for conducting regular investor interactions, publishing clear and insightful commentaries, and maintaining a culture that aligns the interests of fund managers with those of investors. As a result, PPFAS has become synonymous with trust and rational investing, particularly among long-term retail investors and financially aware clients.
The company’s evolution into the asset-management space—through the now-famous PPFAS Mutual Fund—further strengthened its brand identity and market presence, though PPFAS Ltd. continues to represent the broader advisory and financial-services ecosystem around the Parag Parikh philosophy. For those tracking the unlisted market, PPFAS’s unlisted shares are often viewed through the lens of strong governance, conservative growth, and long-term market credibility rather than short-term valuations. While liquidity in unlisted shares may be limited, interest is supported by the firm’s reputation, disciplined management, and consistent focus on value creation. For investors who appreciate steady, principle-driven financial businesses, PPFAS stands out as a respected and enduring name in India’s investment landscape.
Q:1 How do I start the process of buying PPFAS shares?
Answer: To begin the process of buying Parag Parikh Financial Advisory Services Ltd.(PPFAS) shares, you need to confirm your booking with us at the trading price.
Q:2 What documents do I need to provide to buy PPFAS shares?Answer: You need to provide your client master report, PAN Card, and a cancelled cheque if you're not transferring funds from the bank account specified in your client master report.These are KYC documents required as per SEBI regulations.
Q:3 How do I transfer funds for purchasing PPFAS shares?Answer: We will provide you with the bank details to which you need to transfer the funds.The payment must be made via RTGS, NEFT, IMPS, or cheque transfer.
Q:4 Can I pay for PPFAS shares with cash?
Answer: No, cash deposits are not accepted.Payment must be made through digital transfers or cheques.
Q:5 From which bank account should I make the payment for PPFAS shares?
Answer: Payment must be made from the same account where the shares are to be credited.
Q:6 Is there a specific method for transferring funds when purchasing PPFAS shares?Answer: Yes, the payment should be done via RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not permitted.
Q:7 What if I don't have a client master report?
Answer: If you do not have a client master report, you can ask your broker to provide it to you.
Q:8 What happens after I submit my documents and transfer the funds?Answer: After you submit your KYC documents and transfer the funds, we will process your order and ensure that the shares are credited to your designated account.