ALFA Finder| Revenue growth | 21.2% Y-o-Y consolidated growth. |
|---|---|
| Margins | Consolidated EBITDA margins at 20.9%, down 270 bps Y-o-Y. |
| Demand visibility | Sustained demand across General and Life insurance distribution. |
Growth
Revenue grew 21.2% Y-o-Y; EBITDA rose 6.9% to INR 107 Cr; PAT increased 22.3% to INR 36.7 Cr.
Outlook
Focusing on deepening PSU bank partnerships, expanding digital reach, and fee-based income growth with global aspirations.
Risks
NBFC AUM moderated due to tighter underwriting norms for unsecured lending; insurance EBIT fell 33.3% Y-o-Y.
Last quarter's promises, checked
Delivered
- Guided 15-20% AUM growth → delivered 21.2% Revenue growth (= BEAT)
- Focus on secured NBFC book → delivered 75% secured AUM (= BEAT)
- Target 15% Insurance growth → delivered 44.4% Revenue growth (= BEAT)
Partly delivered
- Targeted reinsurance contribution → delivered expansion but Insurance EBIT fell 33.3% (= PARTIAL)
Missed
- Guided improved margin → delivered 20.9% vs 23.6% YoY (= MISS)
Investor Presentation filed with BSE, NSE: SMCGLOBAL. Summary written with AI assistance from the document.
SMC Global Securities Ltd: key numbers
- Share price
- ₹95.64
- Market cap
- ₹2,003 Cr
- Revenue (annual)
- ₹1,877 Cr
- Net profit (annual)
- ₹102.0 Cr
- P/E (TTM)
- 17.3×Sector 21.0×
- Promoter holding
- 66.61%-0.10% QoQ
- FII holding
- 2.56%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from SMC Global Securities Ltd
All →SMC Global Securities Other Announcement
SMC Global Securities disclosed that Compliance Officer Rahul Yadav resigned under PIT Regulations, effective 21 November 2026. The company will host the disclosure on its website.
SMC Global Securities Convertible Warrants
SMC Global Securities' EGM on November 6, 2026 passed a special resolution to issue up to 1,00,00,000 fully convertible warrants to non-promoter investors on preferential basis. Voting results and the scrutinizer's report were filed with the exchanges.
SMC Global Securities Convertible Warrants
SMC Global's EGM approved up to 1 crore fully convertible warrants on a preferential basis to non-promoters at ₹106 each. The issue aggregates up to ₹106 crore.
- Value
- ₹106.0 Cr
SMC Global Securities Debt & Borrowing: ₹0.79 Cr
SMC Global Securities paid monthly interest of about Rs.0.12 to Rs.0.25 Crore on four NCD series, each paid on 2 November 2026 after the 1 November due date. No reason for non-payment was reported.
- Value
- ₹0.79 Cr
SMC Global Securities Debt & Borrowing: ₹7.56 Cr
SMC Global paid Rs.7.56 Crore interest on three NCD series on October 30, 2026, on schedule. No delay or non-payment was reported.
- Value
- ₹7.56 Cr
SMC Global Securities Earnings Call Transcript: Key Takeaways
SMC Global delivered solid revenue growth led by NBFC and insurance segments, though derivative trading regulations temporarily dampened broking margins.