SMC Global Securities (SMCGLOBAL)₹95.49+1.09%Stockbroking & Allied
In the Sep 2026 quarter (consolidated), SMC Global Securities reported sales of ₹532 Cr, up 20.9% from Sep 2025, and net profit of ₹28.04 Cr, up 33.4% year on year. For the year to Mar 2026, sales were ₹1,882 Cr and net profit ₹103 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 428 | 510 | 448 | 451 | 455 | 421 | 425 | 440 | 495 | 518 | 516 | 532 |
| Expenses | 314 | 370 | 321 | 331 | 343 | 357 | 324 | 355 | 392 | 426 | 407 | 430 |
| Operating Profit | 113 | 139 | 126 | 119 | 112 | 63.05 | 100 | 84.10 | 102 | 90.10 | 107 | 101 |
| OPM % | 26.0% | 27.0% | 28.0% | 26.0% | 25.0% | 15.0% | 24.0% | 19.0% | 21.1% | 17.0% | 21.0% | 19.0% |
| Other Income | 2.99 | 0.99 | 1.99 | 0.99 | 1.99 | 3.99 | 0.99 | 1.99 | 0.99 | 3.99 | 0.99 | 1.99 |
| Interest | 39.96 | 46.95 | 50.95 | 51.96 | 50.99 | 52.93 | 55.94 | 50.99 | 56.94 | 56.97 | 55.99 | 59.94 |
| Depreciation | 8.03 | 8.03 | 8.03 | 7.03 | 7.03 | 8.03 | 7.03 | 7.02 | 7.02 | 7.03 | 5.02 | 6.02 |
| Profit before tax | 67.24 | 85.29 | 69.20 | 61.16 | 56.20 | 6.02 | 38.09 | 28.07 | 39.09 | 29.09 | 47.16 | 38.11 |
| Tax % | 23.0% | 21.9% | 22.9% | 25.0% | 21.0% | 32.9% | 22.0% | 25.0% | 21.0% | 27.0% | 21.0% | 25.0% |
| Net Profit | 52.07 | 66.10 | 53.04 | 46.06 | 44.01 | 4.01 | 30.01 | 21.02 | 31.03 | 21.03 | 37.03 | 28.04 |
| EPS (Rs) | 2.46 | 3.14 | 2.52 | 2.15 | 2.07 | 0.17 | 1.41 | 0.98 | 1.45 | 1.00 | 1.74 | 1.32 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 422 | 527 | 653 | 758 | 780 | 903 | 1,120 | 1,214 | 1,645 | 1,779 | 1,882 | 2,062 |
| Expenses | 352 | 427 | 514 | 591 | 657 | 704 | 818 | 938 | 1,208 | 1,352 | 1,495 | 1,654 |
| Operating Profit | 70.11 | 97.16 | 136 | 163 | 122 | 196 | 297 | 272 | 430 | 423 | 378 | 401 |
| OPM % | 16.0% | 18.0% | 21.0% | 22.0% | 16.0% | 22.0% | 27.0% | 22.0% | 26.0% | 24.0% | 20.0% | 19.4% |
| Other Income | 3.99 | 7.99 | 0.00 | 2.99 | 3.99 | 6.99 | 2.99 | 2.99 | 2.99 | 5.99 | 5.99 | 7.96 |
| Interest | 18.01 | 28.97 | 47.01 | 63.98 | 60.95 | 42.94 | 57.92 | 90.01 | 155 | 207 | 222 | 230 |
| Depreciation | 7.03 | 7.03 | 9.03 | 11.05 | 19.08 | 18.06 | 20.08 | 23.11 | 32.14 | 30.11 | 28.10 | 25.09 |
| Profit before tax | 49.12 | 68.25 | 79.18 | 91.34 | 45.12 | 143 | 222 | 163 | 245 | 193 | 135 | 153 |
| Tax % | 30.0% | 34.0% | 34.9% | 17.9% | 47.0% | 26.0% | 21.0% | 26.0% | 22.9% | 23.9% | 23.0% | — |
| Exceptional items | 0.00 | 0.00 | −1.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | −0.99 | 0.00 | — |
| Net Profit | 35.06 | 45.08 | 52.08 | 75.10 | 24.01 | 105 | 175 | 120 | 188 | 147 | 103 | 117 |
| EPS (Rs) | 1.51 | 2.02 | 2.35 | 3.29 | 1.03 | 4.62 | 7.69 | 5.72 | 8.92 | 6.95 | 4.86 | 5.51 |
| Dividend payout % | 20.0% | 21.0% | 20.0% | 15.0% | 46.0% | 22.0% | 16.0% | 21.0% | 13.0% | 17.0% | 25.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22.91 | 22.92 | 22.92 | 22.91 | 22.92 | 22.91 | 22.91 | 22.92 | 20.92 | 20.92 | 20.91 | 41.82 |
| Reserves | 515 | 543 | 571 | 593 | 656 | 657 | 748 | 901 | 910 | 1,072 | 1,191 | 1,257 |
| Borrowings | 67.77 | 181 | 332 | 521 | 752 | 220 | 492 | 495 | 942 | 1,463 | 1,688 | 2,028 |
| Other Liabilities | 380 | 610 | 650 | 669 | 912 | 970 | 1,115 | 1,512 | 1,424 | 2,174 | 1,999 | 2,392 |
| Total Liabilities | 986 | 1,356 | 1,575 | 1,806 | 2,342 | 1,869 | 2,378 | 2,931 | 3,296 | 4,729 | 4,900 | 5,719 |
| Fixed Assets | 21.99 | 21.98 | 42.99 | 36.97 | 34.98 | 68.96 | 63.97 | 114 | 130 | 135 | 127 | 122 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 1.01 | 10.02 | 27.08 | 45.13 | 79.22 |
| Investments | 40.92 | 42.86 | 87.82 | 136 | 195 | 85.83 | 117 | 171 | 56.88 | 69.78 | 98.77 | 173 |
| Other Assets | 923 | 1,291 | 1,444 | 1,634 | 2,112 | 1,712 | 2,198 | 2,646 | 3,099 | 4,495 | 4,629 | 5,343 |
| Inventories | 160 | 220 | 124 | 5.01 | 6.02 | 0.00 | 13.03 | 35.08 | 5.02 | 6.02 | 3.01 | 5.01 |
| Trade receivables | 239 | 321 | 427 | 415 | 785 | 272 | 328 | 427 | 374 | 522 | 664 | 827 |
| Cash & equivalents | 261 | 325 | 451 | 465 | 521 | 656 | 1,100 | 1,285 | 1,463 | 2,362 | 1,981 | 2,749 |
| Total Assets | 986 | 1,356 | 1,575 | 1,806 | 2,342 | 1,869 | 2,378 | 2,931 | 3,296 | 4,729 | 4,900 | 5,719 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −20.02 | −8.02 | −234 | −155 | 806 | −394 | 194 | −260 | −193 | 24.04 | −73.12 |
| Cash from investing activity | −6.99 | −65.86 | 54.86 | 2.99 | −46.88 | −5.99 | −60.93 | −30.94 | −28.95 | −23.96 | −34.93 |
| Cash from financing activity | 88.94 | 114 | 125 | 150 | −596 | 211 | −85.06 | 231 | 317 | 24.02 | 110 |
| Net cash flow | 60.94 | 40.94 | −53.92 | −1.99 | 162 | −189 | 47.91 | −59.92 | 95.82 | 23.97 | 1.99 |
| Capex | 5.85 | 28.95 | 12.35 | 10.11 | 8.41 | 7.18 | 64.14 | 32.48 | 30.71 | 29.12 | 45.26 |
| Free cash flow | −24.98 | −36.96 | −243 | −164 | 796 | −399 | 130 | −291 | −222 | −2.99 | −118 |
| CFO / OP % | 2.0% | 14.9% | −142.1% | −79.1% | 682.9% | −190.1% | 82.9% | −81.0% | −35.1% | 16.0% | −9.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 234 | 277 | 295 | 231 | 378 | 126 | 132 | 138 | 112 | 115 | 135 | 160 |
| Cash conversion cycle | 236 | 279 | 297 | 233 | 380 | 128 | 134 | 140 | 114 | 117 | 137 | 162 |
| Working capital days | 144 | 55 | −101 | −301 | −305 | −278 | −249 | −279 | −269 | −317 | −172 | −231 |
| ROCE % | 13.0% | 10.0% | 11.9% | 13.0% | 11.9% | 9.0% | 16.9% | 20.9% | 14.9% | 18.0% | 15.0% | 11.0% |
For the Sep 2026 quarter, SMC Global Securities reported sales of ₹532 Cr, up 20.9% year on year and net profit of ₹28.04 Cr, up 33.4% year on year. The operating margin was 19.0%.
SMC Global Securities' sales for the year to Mar 2026 were ₹1,882 Cr; over the last twelve months they were ₹2,062 Cr.
Net profit for the year to Mar 2026 was ₹103 Cr, and ₹117 Cr over the last twelve months. Earnings per share over the same trailing period were ₹5.51.
SMC Global Securities reported borrowings of ₹2,028 Cr at Mar 2026, against cash and equivalents of ₹2,749 Cr.
Cash from operations was −₹73.12 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹118 Cr.