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.
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SMC Global delivered solid revenue growth led by NBFC and insurance segments, though derivative trading regulations temporarily dampened broking margins.
Q2 FY27 consolidated revenue ₹532.5 Cr (+20.9%) and PAT ₹28.2 Cr (+34.4%). H1 FY27 revenue ₹1,047.5 Cr (+21.1%) and PAT ₹65.0 Cr (+27.6%). NBFC and insurance drive growth.
SMC delivered strong top-line growth across brokerage and insurance, though NBFC operations face consolidation pressures. Management is banking on AI and tech to drive long-term retail scale.
SMC Global Securities reported Q1 FY27 consolidated revenue of INR 515.1 Cr (+21.2% Y-o-Y) and PAT of INR 36.7 Cr (+22.3% Y-o-Y). Strategy focuses on AI technology investments and insurance distribution.
SMC Global reported Q4 FY26 consolidated operational income of ₹516.9 cr (up 22.6% YoY) and PAT of ₹21.5 cr. Strategy focuses on fee-based businesses and secured lending.
SMC Global delivered 22.6% YoY operational income growth in Q4FY26, though full-year profits were pressured by high funding costs and a deliberate slowdown in NBFC disbursements to preserve asset quality.
SMC Global Securities delivered Q4-FY26 revenue of INR 516.9 Cr (+22.6% YoY) but saw FY26 PAT decline 29.7% YoY to INR 103.2 Cr due to regulatory changes in the F&O segment.
SMC Global reported FY26 revenue of INR 1,876.9 Cr (+5.7% YoY) while Q4FY26 PAT surged 424.4% YoY. Strategy shifts toward technology-first brokerage and insurance diversification.
SMC Global reported FY26 consolidated revenue of ₹1,876.9 Cr (+5.7% YoY) but PAT declined 29.7% to ₹103.2 Cr. Q4 showed strong recovery with PAT up 424% YoY on normalized market activity.
SMC Global Securities reported Q4-FY26 revenue of INR 516.9 Cr (+22.6% YoY) and PAT of INR 21.5 Cr (+424.4% YoY). Focus remains on technology-led growth and insurance broking diversification.