Key Quantitative Figures - Consolidated Performance

  • Q2 FY27 Operational Income: ₹532.5 Cr, up 20.9% YoY from ₹440.3 Cr in Q2 FY26
  • Q2 FY27 EBITDA: ₹101.6 Cr, up 20.4% YoY from ₹84.4 Cr
  • Q2 FY27 EBITDA Margin: 19.1% (19.2% in Q2 FY26)
  • Q2 FY27 Profit After Tax: ₹28.2 Cr, up 34.4% YoY from ₹21.0 Cr
  • Q2 FY27 PAT Margin: 5.3% (4.8% in Q2 FY26)
  • Q2 FY27 Basic & Diluted EPS: ₹1.33
  • H1 FY27 Operational Income: ₹1,047.5 Cr, up 21.1% YoY from ₹865.2 Cr
  • H1 FY27 Profit After Tax: ₹65.0 Cr, up 27.6% YoY from ₹50.9 Cr
  • H1 FY27 Basic & Diluted EPS: ₹3.08
  • SMC Group Margin Funding Book: ₹1,200 Cr including T+5 receivables with IRR of 14-15%
  • NBFC Yield: 15.87% as of Q2 FY27 (improved by 157 bps from 14.30% in March 2026)
  • NBFC Gross NPA: 3.02%
  • NBFC Net NPA: 1.96%
  • NBFC Cost of Funds: 10.29% (declined by 37 bps YoY)
  • NBFC Secured Lending Share: 82.43% (up from 80.90% in Q1 FY26)

Key Quantitative Figures - Standalone Performance

  • Q2 FY27 Operational Income: ₹256.7 Cr, up 18.6% YoY from ₹216.5 Cr
  • Q2 FY27 EBITDA: ₹59.6 Cr, up 25.5% YoY from ₹47.5 Cr
  • Q2 FY27 EBITDA Margin: 23.2% (21.90% in Q2 FY26)
  • Q2 FY27 Profit After Tax: ₹9.5 Cr, up 50.9% YoY from ₹6.3 Cr
  • Q2 FY27 PAT Margin: 3.7% (2.90% in Q2 FY26)
  • Q2 FY27 Basic & Diluted EPS: ₹0.45
  • H1 FY27 Operational Income: ₹530.1 Cr, up 14.6% YoY from ₹462.7 Cr
  • H1 FY27 Profit After Tax: ₹34.6 Cr, up 19.0% YoY from ₹29.1 Cr
  • H1 FY27 Basic & Diluted EPS: ₹1.65

NBFC Portfolio Breakdown (Moneywise Financial Services)

  • Total AUM (On + Off): ₹1,031.10 Cr
  • Number of Loan Accounts: 8,453
  • Portfolio Composition:
  • Micro-LAP: ₹172.49 Cr (16.73%, 1,411 accounts)
  • SME Assets: ₹123.76 Cr (12.00%, 70 accounts)
  • SME WCTL: ₹230.02 Cr (22.30%, 1,440 accounts)
  • Gold Loan: ₹74.21 Cr (7.20%, 5,310 accounts)
  • Onward Lending: ₹220.65 Cr (21.40%, 89 accounts)
  • SME LAP: ₹156.41 Cr (15.17%, 90 accounts)
  • CMF: ₹53.57 Cr (5.20%, 43 accounts)

Operational Highlights

  • Network Size: 1,929 authorized persons spanning 386 cities
  • Financial Distributors: 6,386 across India
  • Strategic Alliances: Partnership with 8 PSU and Private Banks (PNB, UBI, CBI, IOB, Ujjivan bank)
  • 3-in-1 Tie-ups: Bank & Demat Account facility provided by banks, Trading account by SMC
  • Insurance Broking: SMC Insurance operates through 8 branches with 488 employees
  • Insurance Distribution: Utilizes 16,916 Point of Sales (POSs) and 387 Motor Insurance Service Providers (MISPs)
  • Online Portal: www.smcinsurance.com with AI capabilities for B2B and B2C networks
  • NBFC Branch Network: 41 branches covering 7 States

Organizational Structure

The SMC Group includes 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
  • Stoxkart Fintech Limited (100%) - Discount Brokerage

Leadership

Key management personnel include:

  • Mr. Ajay Garg - Director & CEO – SMC Global Securities Ltd.
  • Dr. D. K. Aggarwal - CMD-SMC Investments and Advisors Ltd.
  • Mr. Himanshu Gupta - Director & CEO-Moneywise Financial Services Private Ltd.
  • Mr. Pranay Aggarwal - Director & CEO – Stoxkart Fintech Ltd.
  • Mrs. Shruti Aggarwal - Whole Time Director- SMC Global Securities Limited
  • Mr. Suman Kumar - E.V.P (Corporate Affairs & Legal), CS & General Counsel
  • Mr. Rohit Nayyar - Group Chief Financial Officer

Historical Financial Overview

Consolidated (INR Crs):

  • FY24: Operational Income ₹1,638.4 Cr, PAT ₹188.3 Cr, EPS ₹8.95
  • FY25: Operational Income ₹1,775.7 Cr, PAT ₹146.8 Cr, EPS ₹6.96
  • FY26: Operational Income ₹1,876.9 Cr, PAT ₹103.2 Cr, EPS ₹4.87
  • H1 FY27: Operational Income ₹1,047.5 Cr, PAT ₹65.0 Cr, EPS ₹3.08

Standalone (INR Crs):

  • FY24: Operational Income ₹853.2 Cr, PAT ₹141.1 Cr, EPS ₹6.74
  • FY25: Operational Income ₹924.3 Cr, PAT ₹105.3 Cr, EPS ₹5.03
  • FY26: Operational Income ₹968.1 Cr, PAT ₹81.3 Cr, EPS ₹3.88
  • H1 FY27: Operational Income ₹530.1 Cr, PAT ₹34.6 Cr, EPS ₹1.65

Historical EPS/Shares adjusted for 1:1 bonus issue (Nov 2025)

Additional Information

The earnings presentation is hosted on the Company's website at www.smcindiaonline.com. Investor relations are managed by X-B4 Advisory LLP with contacts Gautam Kothari (+91 79776 16640) and Gautam Sipani (+91 9082198752).