SMC Global Securities Ltd. (India)

SMC Global Securities Ltd. (India)

101.97
INR
-2.06
(-1.98%)
11.62BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
31.67
36.37
43.82
50.13
68.12
71.37
75.07
- -
Basic EPS, GAAP
1.05
4.64
7.71
5.61
8.94
6.96
4.87
- -
Free Cash Flow per Basic Share
33.23
-17.69
6.4
-13.57
-9.21
1.12
-3.48
- -
Dividend per Share
0.75
0.72
1
1.21
1.2
1.24
1.29
- -
Book Value per Share
30.12
34.15
40.93
44.54
52.33
58.13
62.27
62.27
Tangible Book Value per Share
30.01
34.07
40.8
44.35
52.18
57.98
62.1
62.1
Basic Weighted Avg Shares
226
226
226
214
209
209
209
209
Sales/Revenue/Turnover
7,149
8,230
9,914
10,730
14,264
14,946
15,719
- -
Operating Margin (%)
7.06
16.05
18.13
10.73
14.24
8.12
4.03
- -
Depreciation Expense
192
180
201
227
321
304
281
- -
Net Income, GAAP
236
1,049
1,744
1,201
1,873
1,457
1,020
- -
Effective Tax Rate (%)
47.14
26.33
21.15
25.66
22.99
23.55
23.26
- -
Profit Margin (%)
3.3
12.74
17.59
11.19
13.13
9.75
6.49
- -
Working Capital
2,776
15,589
3,866
3,201
7,211
10,860
9,947
9,947
LT Debt
425
4,942
2,224
3,031
4,872
6,753
7,523
7,523
Total Equity
6,831
7,743
9,277
9,351
10,979
12,198
13,061
13,061
Return on Invested Capital (%)
- -
6.17
8.42
4.92
6.48
2.82
1.1
- -
Return on Capital (%)
- -
10.4
14
10.86
13.44
10.77
8.32
- -
Return on Common Equity (%)
- -
14.43
20.53
12.92
18.46
12.6
8.09
- -

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
12,832
LT Borrowings
- -
- -
7,240
LT Finance Leases
- -
- -
284
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
209
209
209
Market Capitalization
14,658
19,072
11,622

Working Capital

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
43,813
Cash, Cash Equivalents & STI
- -
- -
26,149
Accounts Receivable, Net
- -
- -
7,271
Inventories
- -
- -
46
Total Current Liabilities
- -
- -
33,866
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
12,832
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
11.24%
7.08%
Free Cash Flow
- -
-198.44%
-409.76%
Net Income, GAAP
- -
7.78%
-29.98%
Sales/Revenue/Turnover
- -
14.32%
5.17%
Total Cash Common Dividend
- -
11.35%
4.17%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,990
3,767
4,149
3,293
14,264
2025
4,298
4,418
4,287
4,308
14,946
2026
4,193
- -
4,766
5,213
15,719

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.43
1.89
2.47
3.15
8.94
2025
2.53
2.16
2.08
0.18
6.96
2026
1.42
- -
1.46
1.01
4.87

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.2
2025
- -
- -
- -
- -
1.24
2026
- -
- -
- -
- -
1.29

Company Description

CEO
Ajay K. Garg
Full Time Employees
2,767
Sector
Finance
Industry
Investment banks/Brokers
Address
11/6B, Shanti Chamber New Delhi DE India 110005
IPO Date
Feb 24, 2021
Business
SMC Global Securities Limited operates as a diversified financial services company in India, offering a comprehensive range of products and services primarily focused on brokerage, distribution, trading, insurance broking, and financing. Its core business segments include equity, commodity, and currency brokerage services; proprietary trading; clearing and depository services; distribution of third-party financial products such as mutual funds and initial public offerings; fund management and portfolio management services; and investment banking. The company also provides insurance broking services through its digital-first platform catering to both B2B and B2C clients, leveraging AI-driven distribution and an extensive network of point-of-sale personnel. Additionally, through its wholly-owned subsidiary Moneywise Financial Services Private Limited, SMC offers various financing products including SME loans, supply chain financing, and gold loans aimed at small businesses and self-employed individuals. The company further engages in mortgage advisory, real estate brokerage, and financial analytics services. Founded in 1994 and headquartered in New Delhi, SMC Global Securities has expanded its geographical reach with a network of over 210 branches, including international operations. Recently, the company made a strategic acquisition by purchasing a 14.51% stake in Oval Projects Engineering Limited, an infrastructure services firm, to support its IPO liquidity as the Designated Market Maker. This move aligns with SMC's strategic focus on expanding its presence in infrastructure-related financial services and enhancing market capabilities. In addition, SMC Global Securities issued a significant bonus equity share allotment in November 2025, underscoring its efforts to strengthen shareholder value and capital structure. The company serves a diverse customer base including retail and institutional clients across India and abroad, addressing the trading, investment, financing, and risk management needs of these markets. As one of India's leading integrated financial service providers, SMC continually innovates and diversifies its offerings to cover cash and derivatives equity markets, commodities and currency futures, mortgage and loan advisory, insurance broking, and real estate brokerage, maintaining a prominent position in the financial services sector. These latest developments and its multifaceted product and service portfolio position SMC Global Securities Limited as a pivotal player in India's financial services industry, delivering end-to-end solutions across multiple asset classes with a strong technology and service orientation.