SMC Global Securities Ltd (Finance - Capital Markets - Brokers) — fundamental analysis, earnings data, and key metrics. PE: 14.7. ROE: 12.6%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 (December 2025) earnings • Updated Feb 22, 2026
What: 140 bps EBITDA margin improvement to 20.6% with PAT up 46.7% QoQ
“EBITDA margin of 20.6%, reflecting a 140 basis point quarter-on-quarter sequential improvement”
What: 52.4% YoY EBIT growth vs 22.2% revenue growth showing operating leverage
“Segment EBIT for the quarter rose by 52.4% year-on-year to ₹3.2 crores”
What: NNPA at 1.99% with 97.96% collection efficiency in secured portfolio
“NNPA level of 1.99%, reflecting disciplined underwriting and prudent risk management”
Earnings deceleration risks from management commentary
Trigger: Continued risk-averse approach in NBFC segment
Management view: The near-term outlook for the financing segment remains measured with performance closely linked to credit discipline, funding stability and evolving macroeconomic conditions.
Monitor: NBFC revenue growth rate
Trigger: Interest rate volatility or deposit rate competition
Management view: Margins during the period were influenced by funding cost and a calibrated growth approach in the financing segment
Monitor: EBITDA margin trajectory
Key quotes from recent conference calls
“EBITDA for the quarter was ₹102.1 crores with an EBITDA margin of 20.6%, reflecting a 140 basis point quarter-on-quarter sequential improvement. — Management”
“The business reported a net worth of ₹487.51 crores, ROA of 2.42% and NNPA level of 1.99%, reflecting disciplined underwriting and prudent risk management. — Management”
“Asset quality considerations and a cautious approach to disbursements continue to shape industry performance, resulting in uneven outcomes across participants. — Management”
“The lending portfolio remains well diversified across SME asset, LAP, working capital term loans, gold loans and supply chain financing, supporting stability across credit cycles. — Management”
Forward-looking targets from management for FY26
Key Milestones
• Maintain NNPA below 2%
• Improve EBITDA margins
• Resume NBFC growth
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
SMC Global Securities Ltd's latest quarterly results (Dec 2025) show
SMC Global Securities Ltd's current PE ratio is 14.7x.
SMC Global Securities Ltd's price-to-book ratio is 1.0x.
SMC Global Securities Ltd's fundamental strength based on key financial ratios
SMC Global Securities Ltd has a debt-to-equity ratio of N/A.
SMC Global Securities Ltd's return ratios over recent years
SMC Global Securities Ltd's operating cash flow is positive (FY2025).
SMC Global Securities Ltd's current dividend yield is 2.01%.
SMC Global Securities Ltd's shareholding pattern (Dec 2025)
SMC Global Securities Ltd's promoter holding has decreased recently.
SMC Global Securities Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
SMC Global Securities Ltd has 3 key growth catalysts identified from recent earnings analysis
SMC Global Securities Ltd has 2 key risks worth monitoring
In Q3 FY26 (December 2025), SMC Global Securities Ltd's management highlighted
SMC Global Securities Ltd's management has provided the following forward guidance for FY26
Based on quantitative research signals, here is why SMC Global Securities Ltd may be worth studying
SMC Global Securities Ltd investment thesis summary:
SMC Global Securities Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
