SMCGLOBAL

SMC Global Securities Limited

Stockbroking and capital markets services firm

Financial Services›Financial Services›Capital Markets›Stockbroking & Allied

Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹110.11
Market cap
2,301 Cr
Stock P/E
21.1
P/B
1.76
Dividend yield
1.2%
ROE (FY26)
7.8%
ROCE (FY26)
10.8%
Operating margin (FY26)
18.6%
Debt / equity (FY26)
1.53

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

SMC Global Securities (SMC) is a financial services group that earns fees from stock broking, mutual fund and other product distribution, and insurance broking, and also lends through a subsidiary.

Company snapshot

10thBy market cap

Ranked among 31 companies in Stockbroking & Allied.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 59.4% of revenue

SegmentRevenue shareRevenuePBTAssets
Broking, distribution and trading
59.4%
805 Cr210 Cr—
Financing activities
13.4%
182 Cr121 Cr—
Insurance broking services
30.3%
410 Cr9 Cr—

Shares add up to 103% because segment revenues are before inter-segment eliminations.

What we see

Concerns
  • ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Net Interest Income—54 Cr—57 Cr62 Cr66 Cr56 Cr55 Cr62 Cr58 Cr55 Cr57 Cr
Other income2 Cr3 Cr0.82 Cr2 Cr2 Cr2 Cr4 Cr0.69 Cr2 Cr0.75 Cr4 Cr0.52 Cr
Net operating income2 Cr57 Cr0.82 Cr60 Cr64 Cr69 Cr60 Cr56 Cr64 Cr59 Cr59 Cr57 Cr
Employee cost73 Cr73 Cr83 Cr83 Cr84 Cr84 Cr87 Cr87 Cr92 Cr94 Cr97 Cr102 Cr
Other expenses31 Cr27 Cr31 Cr27 Cr29 Cr34 Cr33 Cr33 Cr31 Cr37 Cr44 Cr40 Cr
Provisions & contingencies————————————
Depreciation9 Cr8 Cr8 Cr8 Cr7 Cr7 Cr8 Cr7 Cr7 Cr7 Cr7 Cr5 Cr
Profit before tax52 Cr67 Cr85 Cr69 Cr61 Cr56 Cr6 Cr38 Cr28 Cr39 Cr29 Cr47 Cr
Tax %23.3%22.6%22.4%23.0%25.2%21.4%33.4%21.9%24.5%21.0%26.8%21.1%
Net profit40 Cr52 Cr66 Cr53 Cr46 Cr44 Cr4 Cr30 Cr21 Cr31 Cr21 Cr37 Cr
EPS (₹)₹3.81₹4.93₹6.30₹5.06₹4.33₹4.17₹0.36₹2.84₹1.97₹1.46₹1.01₹1.75

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Net Interest Income——167 Cr—241 Cr231 CrSign in free for the trailing twelve months
Other income9 Cr14 Cr4 Cr7 Cr10 Cr8 CrSign in free for the trailing twelve months
Net operating income9 Cr14 Cr171 Cr7 Cr251 Cr239 CrSign in free for the trailing twelve months
Employee cost176 Cr206 Cr251 Cr299 Cr339 Cr369 CrSign in free for the trailing twelve months
Other expenses530 Cr69 Cr100 Cr112 Cr122 Cr145 CrSign in free for the trailing twelve months
Provisions & contingencies——————Sign in free for the trailing twelve months
Depreciation18 Cr20 Cr23 Cr32 Cr30 Cr28 CrSign in free for the trailing twelve months
Profit before tax136 Cr221 Cr162 Cr244 Cr192 Cr135 CrSign in free for the trailing twelve months
Tax %26.4%21.1%25.7%23.0%23.5%23.3%Sign in free for the trailing twelve months
Net profit100 Cr175 Cr120 Cr188 Cr147 Cr103 CrSign in free for the trailing twelve months
EPS (₹)₹8.85₹15.43₹11.25₹17.89₹13.92₹4.87Sign in free for the trailing twelve months
Dividend payout %16.2%12.9%21.6%13.3%17.6%26.1%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital23 Cr23 Cr21 Cr21 Cr21 Cr42 Cr
Reserves750 Cr903 Cr912 Cr1,075 Cr1,196 Cr1,262 Cr
Borrowings458 Cr482 Cr911 Cr—1,657 Cr1,998 Cr
Other liabilities1,155 Cr1,533 Cr1,468 Cr3,649 Cr2,044 Cr2,439 Cr
Total liabilities2,387 Cr2,942 Cr3,315 Cr4,747 Cr4,921 Cr5,744 Cr
Fixed assets (net)27 Cr112 Cr89 Cr85 Cr80 Cr78 Cr
CWIP0 Cr0 Cr9 Cr27 Cr44 Cr78 Cr
Investments119 Cr175 Cr57 Cr4 Cr106 Cr120 Cr
Loans & advances572 Cr691 Cr1,083 Cr—1,479 Cr1,388 Cr
Inventories13 Cr0 Cr5 Cr6 Cr3 Cr5 Cr
Trade receivables288 Cr427 Cr374 Cr—664 Cr827 Cr
Cash & bank45 Cr92 Cr32 Cr128 Cr151 Cr153 Cr
Other assets1,323 Cr1,445 Cr1,665 Cr4,496 Cr2,393 Cr3,096 Cr
Total assets2,387 Cr2,942 Cr3,315 Cr4,747 Cr4,921 Cr5,744 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-390 Cr209 Cr-265 Cr-193 Cr24 Cr-73 Cr
Cash from investing-12 Cr-63 Cr-32 Cr-29 Cr-27 Cr-43 Cr
Cash from financing214 Cr-100 Cr232 Cr317 Cr24 Cr110 Cr
Net cash flow-188 Cr48 Cr-60 Cr96 Cr24 Cr2 Cr
Free cash flow (OCF − Capex)-397 Cr145 Cr-298 Cr-223 Cr-5 Cr-118 Cr

Ratios

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %14.5%19.8%13.6%36.3%13.9%10.8%
ROE %12.9%18.8%12.8%17.1%11.9%7.8%
Debtor days117141112—136160
Inventory days502111
Days payable——————
Cash conversion cycle1231411131137161
Debt / equity0.590.520.980.011.361.53
Current ratio——————
Net debt / EBITDA2.211.373.26-0.303.594.90