Parag Parikh Financial Advisory Services Limited (PPFAS) Unlisted Shares
About The Company
Strong
Market Position
Consistent
YoY Growth
Experienced
Management
Key Indicators
A snapshot of Parag Parikh Financial Advisory Services Limited (PPFAS) Unlisted Shares's financial health, valuation multiples and capital efficiency at a glance.
Pricing Trends
Financial Performance
| Indicators | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | 429.1 | 212.5 | 144.8 | 88.8 |
| Expense | 87.2 | 67.2 | 41.4 | 32.8 |
| EBITDA | 341.9 | 145.3 | 103.4 | 56.0 |
| Other Cost | 6.1 | 2.1 | 1.9 | 1.8 |
| PBT | 335.8 | 143.1 | 101.5 | 54.2 |
| Tax Expense | 89.2 | 37.2 | 26.5 | 16.4 |
| PAT | 246.6 | 105.9 | 74.9 | 37.8 |
| Other Inc./Exp. | -0.2 | 3.2 | 1.6 | 1.3 |
| Net Income | 246.4 | 109.1 | 76.5 | 39.2 |
| Shares O/S | 0.77 | 0.77 | 0.77 | 0.77 |
| EPS (₹) | 321.45 | 142.28 | 99.87 | 51.72 |
| Rev. Growth % | 101.9% | 46.8% | 63.1% | — |
| EBITDA Mgn % | 79.7% | 68.4% | 71.4% | 63.1% |
| Net Mgn % | 57.4% | 51.3% | 52.8% | 44.1% |
| EPS Growth | 125.9% | 42.5% | 93.1% | — |
Registered Address
Management Team
Download Financial Results
Top Unlisted companies
Frequently Asked Questions
Still have questions?
Our expert team typically responds within 30 minutes during market hours.
Parag Parikh Financial Advisory Services Limited (PPFAS) Unlisted Shares Unlisted Shares
Parag Parikh Financial Advisory Services (PPFAS) is one of India’s most trusted SEBI-registered portfolio management firms, known for its long-term and research-based investing approach. Since 1992, the company has built a strong reputation by prioritising investor trust and wealth protection over short-term market noise.
PPFAS operates under a progressive group structure led by Parag Parikh Financial Advisory Services Limited and supported by wholly owned subsidiaries, including PPFAS Asset Management Private Limited, PPFAS Trustee Company Private Limited, and PPFAS Alternate Asset Managers IFSC Private Limited, which oversee its mutual fund and wealth business.
Business Model Of Parag Parikh Financial Services
The company offers two key Portfolio Management Services
1) Cognito, its flagship discretionary PMS, has been active since October 1996 (currently closed for new clients) and
2) Multi-Asset Non-Discretionary Strategy, where investors remain actively involved in final decision-making
Financially, PPFAS continues to grow steadily, managing an AUM of 1,36,756.73 (in Crs) as of September 2025, supported by healthy fee-based revenue and rising investor participation.
PPFAS Mutual Fund currently manages six schemes, including the well-known Parag Parikh FlexiCap Fund, ELSS Tax Saver Fund, Liquid Fund, Conservative Hybrid Fund, Arbitrage Fund, and Dynamic Asset Allocation Fund, all designed for disciplined long-term wealth creation rather than speculative returns.
Shareholding Structure
The shareholding structure is promoter-driven and strengthened by experienced leadership.
The firm is led by seasoned market experts, including Neil Parag Parikh (Director) and Rajeev Thakkar (Director & CIO), whose combined experience and research capabilities continue to strengthen PPFAS’ reputation as a trusted name among serious and informed investors.
Hence, Parag believes in patience and discipline over market noise, which makes it a strong choice for long-term investors looking for opportunities in the unlisted and pre-IPO space.
Parag Parikh Unlisted Share Overview

Looking at the price trend, Parag has delivered stable and controlled growth, rather than speculative spikes. Starting from late 2024, the stock entered a strong upward phase.
While many Indian financial companies are facing volatility due to liquidity pressure and interest rate movements, Parag Parikh Financial Services has shown strong and steady growth in the unlisted market.
Supported by improving financials and rising profitability, the Parag unlisted share price has been consistently moving upward over the last year
Parag unlisted share price jumped from Rs. 4,499 to Rs.17,999 within 12 months, a 4x return driven by strong business performance :
Revenue growth from Rs.144.8 Cr to Rs.429 Cr (FY23 to FY25 projected)
PAT jump from Rs.74.9 Cr to Rs.246.6 Cr
EPS rise from Rs.99.87 to Rs.321.45
The slight pullback from Rs.17,999 to Rs.17,666 after October suggests:
Profit booking after a strong rally
The market is waiting for the next business or IPO trigger
Short-term consolidation before the next directional move
While many financial firms struggled to maintain profitability post-COVID and amid regulatory tightening, Parag showed one of the strongest financial recoveries in the unlisted space.
Financial Analysis of Parag Parikh Financial Services
Over the last three financial years, money managers and long-term shareholders have witnessed consistent expansion of AUM (Assets Under Management), a strong brand position in the mutual fund industry. Therefore, the unlisted share continues to attract investor attention.
Here are the details of the recent financials of Parag unlisted shares:
Metric ( In Rs Crores) | FY25 | FY24 | FY23 |
Revenue (₹ Cr) | 429.1 | 212.5 | 144.8 |
Revenue Growth % | 101.9% | 46.8% | — |
EBITDA | 341.9 | 145.3 | 103.4 |
EBITDA Margin % | 79.7% | 68.4% | 71.4% |
Net Income | 246.4 | 109.1 | 76.5 |
Net Margin % | 57.4% | 51.3% | 52.8% |
EPS (Rs Per Share) | 321.45 | 142.28 | 99.87 |
EPS Growth % | 125.9% | 42.5% | — |
FY24 to FY25 revenue jumped nearly 101.9% driven by rising SIP flows, equity market participation and brand-led trust. This sustained uptick indicates stronger product acceptance and a widening investor base.
EBITDA jumped from Rs.103.4 Cr in FY23 to Rs.341.9 Cr in FY25. This shows how smarter cost management and growing AUM have helped the company strengthen its margins and overall performance.
Net income increased sharply from Rs.76.5 Cr to Rs.246.4 Cr in just two years, more than 2X growth. It is reflecting robust financial discipline and market confidence.
EPS grew from Rs.99.87 cr. in FY23 to Rs.321.45 Cr. in FY25, showing strong value creation for shareholders. This steady rise builds confidence and strengthens expectations as the company moves toward a potential IPO.
Why Buy Parag Parikh Financial Services Unlisted Share?
As India’s investment culture expands and SIP inflows hit new highs, the mutual fund industry is expected to grow sharply in the coming years, and Parag is a smart pick for patient investors.
Parag is one of India’s most trusted asset management companies, known for its strong fundamentals, consistent profitability and transparent business approach. With rapidly growing AUM and rising investor participation, the company has shown steady financial growth over the last 3 years.
Key Reasons to Consider Parag
ᅳ Strong financial growth and profitability
ᅳ Fast-growing AUM and investor base
ᅳ Trusted brand with disciplined investment approach
ᅳ Improving EPS means strong value creation
ᅳ Potential IPO upside in future
Hence, Parag Parkh Financial Services looks like a solid long-term compounding story rather than a hype-driven stock.
How to buy Parag Parikh unlisted shares online?
Are you planning to invest in Parag Parikh unlisted shares? At Stockify, we provide thorough research, including complete information such as Key Performance Indicators (KPIs), revenue growth, EBITDA margin reports, EPS growth, etc.
Buying Parag Parikh unlisted shares is easy with us. Look at the information above, figure out your requirements, and our experts will assist you. From assistance in buying to KYC verification & payment and transfer of shares, we will take care of everything. Our experts will help you analyse the boAt unlisted shares' performance by providing updated financial year data. Get expert assistance in buying unlisted shares by connecting with Stockify now!
Check Parag Parikh Unlisted Shares price at Stockify
We update the Parag Parikh Unlisted Shares price every day on our platform. If you are looking forward to buying and selling Parag Parikh Unlisted Shares, stay tuned to check live unlisted share price updates. We keep a keen eye on market trends and fluctuations in Parag Parikh Unlisted Shares price and update stock prices daily.
Check Parag Parikh Unlisted Shares' latest price, or subscribe to our daily newsletter for regular updates. You can buy Parag Parikh Financial Advisory Services shares in a minute by logging into our portal.
Check out prices of other unlisted shares on Stockify
If you want to strengthen your portfolio, check the prices of other unlisted shares in India. At Stockify, we have an extensive collection of highly profitable pre-IPO shares, ESOPs and unlisted shares of top companies. Besides selling and buying boAt unlisted shares in India, you can pick one from healthcare, technology, manufacturing, etc. Check out the updated boAt the unlisted share price, review the list of similar unlisted shares in the market below.










