| Management target | Revenue FY27 |
|---|
| Revenue growth | Consolidated operational income ₹532.5 Cr, up 20.9% YoY. |
|---|---|
| Margins | EBITDA margin stable at 19.1%; PAT margin improved to 5.3%. |
| Demand visibility | Strong domestic investor base; record quarterly demat additions and SIP contributions. |
| Management confidence | Balanced; optimistic on diversification but cautious about regulatory derivative impacts. |
Growth
H1 consolidated revenue grew 21% YoY; PAT rose 28% driven by NBFC yield improvement and insurance scale.
Outlook
NBFC AUM target revised to ₹1,125-1,150 Cr for FY27; Stoxkart seeks ₹100 Cr+ revenue.
Risks
New SEBI derivative regulations and RBI repo rate hikes pose near-term pressure on broking volumes and borrowing costs.
Last quarter's promises, checked
Delivered
- Guided ~20% revenue CAGR → H1 consolidated revenue +21% YoY (= BEAT)
Partly delivered
- Guided FY27 PAT ₹170 Cr (from ₹103 Cr) → H1 PAT +28% YoY, full-year pace unproven (= PARTIAL)
Missed
- Guided NBFC AUM ₹1,250-1,300 Cr FY27 → revised to ₹1,125-1,150 Cr (= MISS)
Earnings Call Transcript filed with NSE, NSE: SMCGLOBAL. Summary written with AI assistance from the document.
SMC Global Securities Ltd: key numbers
- Share price
- ₹90.23
- Market cap
- ₹1,889 Cr
- Revenue (annual)
- ₹1,877 Cr
- Net profit (annual)
- ₹102.0 Cr
- P/E (TTM)
- 16.3×Sector 19.7×
- 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 Investor Presentation: Key Takeaways
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 Global Securities Q2 FY27 Results: Net Profit ₹28.2 Cr, Up 34.3% YoY
SMC Global Securities Ltd reported revenue from operations of ₹532.4 Cr (+20.9% YoY) and net profit of ₹28.2 Cr (+34.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹28.2 Cr · +34.3% YoY
SMC Global Securities Board Meeting Date
SMC Global Securities will hold a board meeting on October 26, 2026, to consider financial results for the period ended September 2026.
SMC Global Securities Other Announcement
SMC Global Securities Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026. The filing provides details on share distribution across categories.
SMC Global Securities Convertible Warrants
SMC Global Securities Limited has convened an Extra-ordinary General Meeting (EGM) on November 6, 2026. The meeting seeks approval for issuing 1,00,00,000 convertible warrants to non-promoters.
SMC Global Securities Fund Raise of ₹106 Cr
SMC Global Securities approved a preferential issue of 1 crore fully convertible warrants at Rs. 106 each, raising Rs. 106 Crore, subject to shareholder approval.
- Value
- ₹106.0 Cr