SMC Global Securities Ltd
We hereby attached earning presentation for the Q1 FY27
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 27 Jul 2026, 01:46 PM IST · BSE ID: 0e46240e-ab66-42c2-8940-f508fadd4991
View Original BSE Filing (PDF)
💡
In Simple Terms
SMC Global Securities reported higher quarterly income and profit, mainly driven by its broking and insurance businesses.
🤖 AI Summary
- Consolidated Revenue for Q1 FY27 stood at INR 515.1 Crores, reflecting a 21.2% year-on-year growth.
- Consolidated Profit After Tax (PAT) for Q1 FY27 was INR 36.7 Crores, increasing by 22.3% year-on-year.
- Broking, Distribution & Trading segment revenue grew 15.1% YoY to INR 316.3 Crores in Q1 FY27.
- Insurance Broking segment revenue increased 44.4% YoY to INR 167.3 Crores for the first quarter of FY27.
- Financing (NBFC) segment revenue moderated, decreasing by 8.8% YoY to INR 46.5 Crores in Q1 FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Revenue
INR 515.1 Crores
+21.2%
Consolidated EBITDA
INR 107 Crores
+6.9%
Consolidated PAT
INR 36.7 Crores
+22.3%
Broking, Distribution & Trading Revenue
INR 316.3 Crores
+15.1%
Insurance Broking Revenue
INR 167.3 Crores
+44.4%
Financing (NBFC) Revenue
INR 46.5 Crores
-8.8%
🏢 How This Affects the Company
The company's Broking, Distribution & Trading and Insurance Broking segments demonstrated healthy growth, indicating an improved market sentiment and sustained demand. Moderation in Financing (NBFC) AUM was due to a calibrated product mix shift and tighter underwriting norms.
Consolidated revenue increased by 21.2% YoY to INR 515.1 Crores, and PAT increased by 22.3% YoY to INR 36.7 Crores. EBITDA margins decreased by 270 bps YoY to 20.9%, while PAT margins remained constant at 7.1%.
Continued investments in AI-driven technology enhanced customer trading experience. The Financing (NBFC) segment focused on prioritizing portfolio quality and prudent risk management through tighter internal underwriting norms.
The moderation in NBFC AUM due to tighter underwriting norms suggests an effort to mitigate credit risk within the lending portfolio, prioritizing quality over growth.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this earnings presentation filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the 22.3% YoY increase in consolidated PAT to INR 36.7 Crores, which indicates improved overall profitability.
🔍
Management Signal
The management's continued investments in AI-driven technology and calibrated shift in the NBFC product mix signal a focus on strategic growth and prudent risk management.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — evaluate sustained growth in broking and insurance segments.
Financing (NBFC) AUM updates — observe changes in portfolio quality and growth.
Investment in AI initiatives — track impact on customer engagement and operational efficiency.
MEDIUM RISK
Decline in NBFC segment revenue and EBITDA, coupled with lower EBITDA margins, indicates sector-specific challenges.
💡 Investor Takeaway
SMC Global Securities reported Q1 FY27 consolidated revenue of INR 515.1 Crores, up 21.2% YoY, and PAT of INR 36.7 Crores, up 22.3% YoY. Broking and Insurance Broking segments drove growth with 15.1% and 44.4% YoY revenue increases, respectively, while NBFC segment revenue declined by 8.8% YoY.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated Revenue for Q1 FY27 increased by 21.2% YoY, reaching INR 515.1 Crores, driven by broking and insurance segments.
- Consolidated Profit After Tax (PAT) for Q1 FY27 grew by 22.3% YoY to INR 36.7 Crores, indicating strong profitability growth.
⚠️ Concerns
- Consolidated EBITDA Margins decreased by 270 bps YoY to 20.9% in Q1 FY27, despite revenue growth.
- Financing (NBFC) segment revenue decreased by 8.8% YoY to INR 46.5 Crores, and segment EBITDA declined by 9.1% YoY to INR 1.6 Crores.
❓ Frequently Asked Questions
What was SMC Global Securities' consolidated revenue in Q1 FY27?
SMC Global Securities reported consolidated revenue of INR 515.1 Crores for Q1 FY27, which is a 21.2% increase year-on-year.
What was the Profit After Tax (PAT) for SMC Global Securities in Q1 FY27?
The consolidated Profit After Tax (PAT) for SMC Global Securities in Q1 FY27 was INR 36.7 Crores, representing a 22.3% year-on-year growth.
How did the Broking, Distribution & Trading segment perform in Q1 FY27?
The Broking, Distribution & Trading segment generated revenue of INR 316.3 Crores in Q1 FY27, showing a 15.1% increase year-on-year.
What was the revenue for SMC Global Securities' Insurance Broking segment in Q1 FY27?
The Insurance Broking segment revenue for SMC Global Securities in Q1 FY27 was INR 167.3 Crores, a 44.4% increase year-on-year.
What was the performance of the Financing (NBFC) segment in Q1 FY27?
The Financing (NBFC) segment revenue for SMC Global Securities in Q1 FY27 was INR 46.5 Crores, marking an 8.8% decrease year-on-year.
Questions based on this BSE filing only. For information purposes.