SMCGLOBALFinancial Services

SMC Global Securities Limited

Stockbroking & Allied · ISIN INE103C01036 · BSE 543263 · NSE EQ · FV ₹2
Last price
₹83
+2.85%today
What this company does

SMC Global Securities Limited operates in Stockbroking & Allied, part of the Financial Services sector. It booked ₹515 cr of revenue in its latest quarter (Q1 FY27) and kept 7.1% of sales as profit.

In the report:
48out of 100
Equitytale Health Score
Mixed

Healthier than 48% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 26–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns32

How much profit it earns on the money it employs

Cash quality33

Whether reported profit actually arrives as cash

Growth & consistency49

Whether sales and profit have grown, and how steadily

Valuation63

What today's price implies, against our models or its peers

Governance & risk76

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 21% vs last year
Profit up 23% vs last year
Promoters hold 67%
Watch-outs
! Thin 7.1% net margin
! 8.4% of promoter stake pledged
! Carries high debt (D/E 1.2)
! Operating cash flow is negative

What if I invest in SMCGLOBAL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹83 +2.85%
latest close · 2026-09-17
1-year return
+117.8%
52-wk low ₹3552-wk high ₹95
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio11.8Low
LowAverageHigh
P/B ratio1.33Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.2%Fair
WeakFairStrong ▸15%
Net margin7.1%Decent
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.23High
LowModerateHigh ▸1
More figures
Market cap
₹1,735 cr
Book value
₹62
EPS
₹1.75
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
2.5%
Earnings yield
8.45%
P/S
0.84
Sales / share
₹98.4
Tax rate
21.1%
Face value
₹2
Shares
20.9 cr
Working capital
Current assets
Current liabilities
Delivery %
54.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Priced about rightMedium confidence
Median of 2 models ₹73 vs market price ₹83 — price is 13% above it
Safety cushion-13.4%(target ≥ +20%)
Models span ₹54₹92, midpoint ₹73
Model ₹73
Price ₹83
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹515 cr
Other Income₹52.3 L
Total Income₹516 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹102 cr
Finance Costs₹56 cr
Depreciation & Amortisation₹5 cr
Other Expenses₹40 cr
Total Expenses₹469 cr
Profit before Tax₹47 cr
Tax Expense₹10 cr
Net Profit₹37 cr
Net margin on total income7.1%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹102 cr19.7%
Finance costs₹56 cr10.8%
Depreciation & amortisation₹5 cr1.0%
Other expenses₹307 cr59.4%
Tax expense₹10 cr1.9%
Profit for the period₹37 cr7.1%
Total income ₹516 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue495 cr517 cr515 cr
Total income496 cr521 cr516 cr
Expenses456 cr492 cr469 cr
Profit before tax39 cr29 cr47 cr
Tax8 cr8 cr10 cr
Net profit (owners' share)31 cr21 cr37 cr
Net margin (owners' share, on revenue)6.2%4.1%7.1%
EPS (₹)1.461.011.75
YoY (latest quarter): total income +21.1% · net profit +23.0%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹5,744 cr
Shareholder equity
₹1,304 cr
parent shareholders
Total debt
₹1,613 cr
Cash
₹153 cr
Cash flow · H1 FY26
Operating
₹-212 cr
Investing
₹-15 cr
Financing
₹187 cr
Peer comparison
Stockbroking & Allied · by market value
CompanyPriceMarket capP/E
Billionbrains Garage Ventures Limited₹187₹1.17 L cr39.4
Motilal Oswal Financial Services Limited₹989₹59,534 cr11.7
360 ONE WAM LIMITED₹1,061₹43,163 cr32.6
Nuvama Wealth Management Limited₹1,687₹30,803 cr25.1
Angel One Limited₹295₹26,949 cr29.0
IIFL Capital Services Limited₹337₹10,562 cr14.2
Share India Securities Limited₹218₹4,780 cr9.6
Anand Rathi Share and Stock Brokers Limited₹501₹3,155 cr33.7
Monarch Networth Capital Limited₹368₹2,917 cr16.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.45%
trailing 12 months
Dividend / share (TTM)
₹1.2
Last dividend
₹0.6
ex 15 Jun 2026
ActionDetailEx-date
Dividend₹0.6 / share15 Jun 2026
Dividend₹0.6 / share6 Feb 2026
Bonus issue1:114 Nov 2025
Dividend₹1.2 / share13 Jun 2025
Dividend₹1.2 / share5 Feb 2025
Dividend₹1.2 / share7 Jun 2024
Who owns it · 2026-06-30
8.4% pledged
Promoter
66.7%
FII / Foreign
2.1%
DII / Domestic
0.0%
Retail / others
31.1%
Promoter stake down 0.7% over the last 12 quarters.
Smart-money activity
Insider trades
SoldJai Ambey Share Broking Ltd. · Promoter Group40,000 · ₹36.6 L31 Dec 25
SoldJai Ambey Share Broking Ltd. · Promoter Group18.63 L · ₹15.9 cr23 Dec 25
BoughtGlobal Telecommunication Private Limited · Promoter Group3.70 L · ₹5.1 cr29 Sep 25
Bulk / block deals
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE12.42 L @ ₹89.4810 Sep 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE12.42 L @ ₹89.5410 Sep 26
SoldMICROCURVES TRADING PRIVATE LIMITED · NSE19.21 L @ ₹89.810 Sep 26
Stake changes
SoldJai Ambey Share Broking Ltd. · promoter→ 0.51% · 40,00031 Dec 25
SoldJai AmbeyShare Broking Ltd · promoter→ 0.53% · 18.63 L23 Dec 25
Soldjay Ambey share Broking Ltd · promoter→ 0.53% · 18.63 L23 Dec 25
Promoter pledges
PledgedBajaj Finance Limited33.50 L · 5.66% held28 Sep 23
ReleasedICICI Bank Limited8.00 L · 0.76% held27 Sep 23
ReleasedICICI Bank Limited15.00 L · 1.43% held27 Sep 23
What shareholders were asked to approve
4 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 3 Dec 2025
See the official result
1
Alteration in Object Clause of Memorandum of Association of the Company
Backed by 100% of shareholders other than promotersneeded 75%
26.95 L votes for, 20 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 42 named members
owning 66.7% between them · as of 2026-06-30
Asm Pipes Private Limited17.83%
Pulin Investments Pvt. Ltd.9.08%
Mahesh C Gupta7.88%
Subhash Chand Aggarwal7.73%
Sushma Gupta7.23%
Hemlata Aggarwal4.78%
Pranay Aggarwal4.51%
Ayush Aggarwal2.32%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.