| Revenue growth | Q4 revenue grew 22.6% YoY; full year operational income up 5.7%. |
|---|---|
| Margins | EBITDA margin improved 250bps YoY in Q4 to 17.4%. |
| Demand visibility | Strong retail participation and SIP flows; insurance penetration increasing. |
| Management confidence | Balanced; cautious on financing segment but optimistic on fee-based businesses. |
Growth
Operational income grew 5.7% for the full year; fee-based segments like insurance (17.1%) provided stability against NBFC compression.
Outlook
NBFC AUM growth targeted at 15-20% for FY27; insurance revenue growth projected at 15%.
Risks
High consolidated finance costs and exposure to stressed micro-finance segments remain primary earnings inhibitors.
Earnings Call filed with NSE, NSE: SMCGLOBAL. Summary written with AI assistance from the document.
SMC Global Securities Ltd: key numbers
- Share price
- ₹111.18
- Market cap
- ₹2,328 Cr
- Revenue (annual)
- ₹1,877 Cr
- Net profit (annual)
- ₹102.0 Cr
- P/E (TTM)
- 21.4×Sector 21.9×
- Promoter holding
- 66.71%-0.01% QoQ
- FII holding
- 2.14%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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SMC Global Securities Ltd submitted its quarterly shareholding pattern for the quarter ended June 30, 2026. This is a standard regulatory compliance filing.
SMC Global Securities Earnings Call Transcript: Key Takeaways
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.
- Call
- Guides 20% growth