Smc Global Securities Limited
SMC, the holding company of the SMC group, was incorporated in 1994. The group offers diversified financial services across different business segments such as brokerage, investment banking, wealth management, distribution of third-party financial pr...
Key Metrics
EPS
17.89
Current ratio
1.14
Debt/Equity
2.57
Debt/EBITDA
10.19
Interest coverage ratio
-
Operating Cashflow to total debt
-0.07
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Track record in capital market business, supported by experienced management and robust risk management systems
Increasing diversification across financial services businesses, supporting stability in earnings profile
Adequate capitalization
Liquidity: Adequate
Cons
Moderate-albeit-improving earnings profile
Highly competitive landscape, exposure to risks associated with capital market-related businesses
Susceptibility to regulatory risks
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About Smc Global Securities Limited bond.
This comprehensive profile covers key factual information about Smc Global Securities Limited. SMC, the holding company of the SMC group, was incorporated in 1994. The group offers diversified financial services across different business segments such as brokerage, investment banking, wealth management, distribution of third-party financial products, research, financing, depository services, insurance broking, clearing services and real estate advisory services. The group had customer base of over 11 lakhs as on September 30, 2024. Apart from online presence, it has a well spread-out distribution network with 198 branches and 2,297 authorized persons across 434 cities in India as on September 30, 2024. For fiscal 2024, the group reported PAT of Rs 188 crore on total income of Rs 1,645 crore, against Rs 120 crore and Rs 1,216 crore, respectively, for the previous fiscal. For the half year ended September 30, 2024, it reported a PAT of Rs 99 crore on total income of Rs 903 crore. On a standalone basis, SMC reported PAT of Rs 141 crore on total income of Rs 884 crore, against Rs 93 crore and Rs 693 crore, respectively, for the previous fiscal. For the half year ended September 30, 2024, it reported a PAT of Rs 81 crore on total income of Rs 519 crore. EPS in Mar-2024 was 17.89. Current ratio in Mar-2024 was 1.14. Debt/Equity in Mar-2024 was 2.57. Debt/EBITDA in Mar-2024 was 10.19. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.07. Total revenue for Mar-2025(E) was ₹1,798.51. Net income for Mar-2025(E) stood at ₹279.65. Total assets as of Mar-2024 were ₹4,746.61. Operating cash flow for Mar-2024 was ₹-192.66. The company’s borrowing relationships include ICICI Bank Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr), RBL Bank Limited (₹N/A Cr), Kotak Mahindra Investments Limited (₹N/A Cr), Aditya Birla Finance Limited (₹N/A Cr), Infina Finance Private Limited (₹N/A Cr), Tata Capital Financial Services Limited (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), Bajaj Finance Limited (₹N/A Cr), Federal Bank Limited (₹N/A Cr), Bandhan Bank Limited (₹N/A Cr), (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), Axis Bank Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr), Federal Bank Limited (₹N/A Cr), RBL Bank Limited (₹N/A Cr), AU Small Finance Bank Limited (₹N/A Cr), DCB Bank Limited (₹N/A Cr), IDFC FIRST Bank Limited (₹N/A Cr), (₹N/A Cr). Peers and comparison entities consist of Smc Global Securities Limited, 360 One Wam Limited, ICICI Securities Limited, Angel One Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Track record in capital market business, supported by experienced management and robust risk management systems; Increasing diversification across financial services businesses, supporting stability in earnings profile; Adequate capitalization; Liquidity: Adequate. Key risks include: Moderate-albeit-improving earnings profile; Highly competitive landscape, exposure to risks associated with capital market-related businesses; Susceptibility to regulatory risks. Leadership team details include Ajay Garg (Director & CEO), Anurag Bansal (Whole Time Director), Dinesh Kumar Sarraf (Independent Non-Executive Director), Gobind Ram Choudhary (Independent Non-Executive Director), Hemant Bhargava (Independent Non-Executive Director), Himanshu Gupta (Non Executive Director), Mahesh C Gupta (Vice Chairman & Mng.Director), Narendra Kumar (Independent Non-Executive Director), Naveen ND Gupta (Independent Non-Executive Director), Neeru Abrol (Independent Non-Executive Director), Shruti Aggarwal (Whole Time Director), Subhash Chand Aggarwal (Chairman & Managing Director), Suman Kumar (Company Secretary & Compliance Officer), Vinod K Jamar (Group Chief Financial Officer). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.