SMC Global Securities Limited (SMCGLOBAL) Financial Results — Revenue ₹516.9 Cr

Revenue: ₹516.9 CrNet Profit: ₹21.5

📢 Key Event
SMC Global Securities reported Q4 FY26 consolidated operational income of ₹516.9 crores, up 22.6% YoY, with PAT at ₹21.5 crores.

🔄 What Changed
PAT increased from INR 4.1 crores in Q4 FY25 to INR 21.5 crores in Q4 FY26; full-year PAT reached ₹103.2 crores; NBFC disbursements moderated to focus on asset quality despite revenue growth.

🔮 What's Next
The company expects general insurance revenue growth of 15% and plans to expand life insurance revenue streams; NBFC disbursements will continue to be moderated to prioritize asset quality; capital adequacy remains strong at 43.2% CRAR.

💡 Investor Takeaway
Shareholders should note PAT growth reflects improved profitability, but NBFC segment growth is being tempered to enhance long-term asset quality and regulatory resilience.

SMC Global Securities reported consolidated operational income of ₹516.9 crores in Q4 FY26, up 22.6% YoY, with EBITDA at ₹89.7 crores (42.6% growth) and PAT surging to ₹21.5 crores from INR 4.1 crores a year ago. Full-year FY26 operational income reached ₹1,876.9 crores, EBITDA ₹376.4 crores, and PAT ₹103.2 crores. The company highlighted strong growth in broking (72% online penetration, 13.39 lakh accounts), insurance broking (17.1% YoY revenue growth), and NBFC portfolio quality (GNPA 3%, CRAR 43.2%), while deliberately slowing disbursements to prioritize asset quality amid regulatory shifts.

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