Key Financial Performance - Consolidated (Q1 FY27 vs Q1 FY26)

  • Operational Income: ₹515.1 Cr (up 21.2% from ₹424.9 Cr)
  • EBITDA: ₹107.0 Cr (up 6.9% from ₹100.1 Cr)
  • EBITDA Margins: 20.9% (down 270 bps from 23.6%)
  • PBT: ₹46.6 Cr (up 21.5% from ₹38.4 Cr)
  • Profit After Tax: ₹36.7 Cr (up 22.3% from ₹30.0 Cr)
  • PAT Margins: 7.1% (flat YoY)
  • Total Comprehensive Income: ₹37.0 Cr (up 24.6% from ₹29.7 Cr)
  • Basic & Diluted EPS: ₹1.75 (adjusted for 1:1 bonus issue in Nov 2025)

Key Financial Performance - Standalone (Q1 FY27 vs Q1 FY26)

  • Operational Income: ₹273.4 Cr (up 11.1% from ₹246.1 Cr)
  • EBITDA: ₹71.5 Cr (up 15.1% from ₹62.1 Cr)
  • EBITDA Margins: 26.2% (up 100 bps from 25.2%)
  • PBT: ₹31.6 Cr (up 13.7% from ₹27.8 Cr)
  • Profit After Tax: ₹25.1 Cr (up 9.6% from ₹22.9 Cr)
  • PAT Margins: 9.2% (down 10 bps from 9.3%)
  • Total Comprehensive Income: ₹24.9 Cr (up 10.7% from ₹22.5 Cr)
  • Basic & Diluted EPS: ₹1.20 (adjusted for 1:1 bonus issue in Nov 2025)

Segment Performance Highlights

Broking, Distribution & Trading:

  • Delivered healthy growth driven by improved market sentiment
  • Continued investments in AI-driven technology enhancing customer trading experience
  • Expansive network includes 1,935 authorized persons spanning 383 cities
  • 6,360 financial distributors across India
  • Strategic alliances with 8 PSU and Private Banks (PNB, UBI, CBI, IOB, Ujjivan Bank)
  • 3-in-1 tie-up offering Bank, Demat Account, and Trading account facilities

Insurance Broking:

  • Maintained momentum with revenue growth
  • Sustained demand across General and Life insurance distribution
  • Operates through 8 branches nationwide
  • Workforce of 492 employees
  • Network of 16,747 Point of Sales (POSs)
  • 385 Motor Insurance Service Providers (MISPs)
  • Online portal www.smcinsurance.com with AI capabilities for B2B and B2C networks

Financing (NBFC - Moneywise Financial Services Pvt. Ltd.):

  • AUM moderated during the period due to calibrated shift in product mix
  • Tighter internal underwriting norms for unsecured lending
  • Priority on portfolio quality and prudent risk management
  • Offers SME Micro LAP, SME Equipment Finance, SME WCTL, Gold Loans, Onward-lending, loan against securities
  • 40 branches covering 7 States

Business Network and Presence

  • 1,935 authorized persons across 383 cities
  • 6,360 financial distributors across India
  • Strategic alliances with 8 PSU and Private Banks
  • Insurance broking: 8 branches, 492 employees, 16,747 POSs, 385 MISPs
  • NBFC: 40 branches covering 7 States

Organizational Structure and Subsidiaries

SMC Global Securities Limited operates through multiple subsidiaries:

  • Moneywise Financial Services Private Limited (100%) - Financing NBFC
  • SMC Investech Private Limited (100%) - Unlisted Share Trading
  • SMC Capitals Limited (100%) - Category-1 Merchant Banker
  • SMC Global IFSC Private Limited (100%) - Stock Broker & Clearing Member at Gift City
  • SMC Investments & Advisors Limited (100%) - Advisory Services
  • Pulin Comtrade Limited (100%) - Commodity Trading
  • SMC Comex International DMCC (UAE) (100%) - Proprietary Trading
  • SMC Insurance Brokers Private Limited (90%) - Insurance Broking Services
  • Moneywise Finvest Limited (StoxKart) (100%) - Discount Brokerage

Historical Financial Overview (Consolidated)

FY24 Performance:

  • EBITDA: ₹425.9 Cr (26.0% margins)
  • PAT: ₹188.3 Cr (11.5% margins)
  • EPS: ₹8.95

FY25 Performance:

  • EBITDA: ₹419.4 Cr (23.6% margins)
  • PAT: ₹146.8 Cr (8.3% margins)
  • EPS: ₹6.96

FY26 Performance:

  • EBITDA: ₹376.4 Cr (20.1% margins)
  • PAT: ₹103.2 Cr (5.5% margins)
  • EPS: ₹4.87

Capital Structure Impact

  • Historical EPS/shares adjusted for 1:1 bonus issue (November 2025)
  • Share capital increased from ₹20.9 Cr to ₹41.9 Cr reflecting the bonus issue

Leadership Team

Key management includes:

  • Mr. Ajay Garg - Director & CEO
  • Dr. D. K. Aggarwal - CMD-SMC Investments and Advisors Ltd.
  • Mr. Himanshu Gupta - CMD-SMC Capitals Ltd.
  • Mr. Pranay Aggarwal - Chairman & Director of multiple subsidiaries
  • Mrs. Shruti Aggarwal - Whole Time Director
  • Mr. Rohit Nayyar - Group Chief Financial Officer
  • Mr. Suman Kumar - E.V.P (Corporate Affairs & Legal), CS & General Counsel

Investor Relations

  • Rohit Nayyar, Group Chief Financial Officer: rohit.n@smcindiaonline.com
  • Investor Relations Partner: X-B4 Advisory LLP
  • Rasika Sawant: +91 95944 57518, rasika@x-b4.com
  • Gautam Kothari: +91 79776 16640, gautam@x-b4.com