SMCGLOBALNSESMC Global Securities LimitedMediumNeutral
Announced Sun, 3 May · 20:25 IST

Smc Global Securities Limited has informed the Exchange about Presentation

Investor Communications View source PDF

SMCGLOBAL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹67.00
prior close
₹68.98
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.0-4.4-4.8-3.6-2.3-2.0+0.0-2.4-3.7-7.1-7.2-11.7+6.7
Up moveDown movePending
AI summary

SMC Global Securities reported Q4 FY26 with strong recovery: revenue of INR 516.9 Crores (+22.6% YoY), EBITDA of INR 89.7 Crores (+42.4% YoY), and PAT of INR 21.5 Crores (+424.4% YoY). However, full year FY26 showed mixed performance with revenue growth of 5.7% to INR 1,876.9 Crores but profitability decline due to softer derivatives activity and regulatory changes in F&O segment. FY26 EBITDA fell 10.3% to INR 376.4 Crores with margins contracting 350 bps to 20.1%, while PAT declined 29.7% to INR 103.2 Crores with margins down 280 bps to 5.5%. Insurance broking emerged as the bright spot with 17.1% revenue growth, partially offsetting core broking softness. The company operates across broking, NBFC financing, and insurance broking with a network of 203 branches and 2,003 authorized persons.

Likely market impact

Q4 showed sharp sequential recovery driven by market normalization and strategic initiatives, but full-year margin compression signals ongoing regulatory headwinds in the F&O segment affecting core profitability. Insurance broking's strong growth provides diversification, though the stock may face pressure from FY26's profit decline.