| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 532 | 440 | +20.9% |
| EBITDA | 101 | 84.4 | +20.3% |
| EBITDA margin | 19.1% | 19.2% | −0.1 pts |
| Profit before tax | 37.9 | 27.8 | +36.1% |
| Net profit | 28.2 | 21.0 | +34.4% |
| EPS | ₹1.33 | ₹1.97 | −32.5% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,940 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 192 | 153 | 151 | 128 | 32.4 | ||
| 2.3 | 2.1 | 2.6 | 2.2 | — | ||
| 1,998 | 1,998 | 1,657 | — | 911 | ||
| 3,749 | — | — | — | — | ||
| 2,059 | 1,877 | 1,776 | 1,638 | 1,217 | ||
| — | +5.7% | +8.4% | +34.7% | — | ||
| 400 | 376 | 419 | 425 | 270 | ||
| 19.4% | 20.1% | 23.6% | 25.9% | 22.2% | ||
| 375 | 348 | 389 | 393 | 247 | ||
| 117 | 103 | 147 | 188 | 120 | ||
| 5.7% | 5.5% | 8.3% | 11.5% | 9.9% | ||
| ₹5.54 | ₹4.87 | ₹6.96 | ₹8.99 | ₹5.73 | ||
| — | −30.0% | −22.6% | +56.8% | — | ||
| — | −72.9 | 23.5 | −193 | −265 | ||
| — | −45.1 | −29.0 | −30.6 | −32.4 | ||
| −118 | −118 | −5.5 | −223 | −298 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,940.3 | |
| - Cash, Equiv & ST Investments | 32.4 | 128.1 | 150.7 | 152.9 | 191.5 | |
| + Minority Interest | — | 2.2 | 2.6 | 2.1 | 2.3 | |
| + Total Debt | 911.2 | — | 1,657.1 | 1,998.2 | 1,998.2 | |
| Enterprise Value | — | — | — | — | 3,749.2 | |
| Revenue | 1,216.7 | 1,638.5 | 1,775.7 | 1,876.9 | 2,059.2 | |
| Growth %, YoY | — | +34.7 | +8.4 | +5.7 | — | |
| EBITDA | 269.9 | 424.6 | 419.4 | 376.4 | 400.3 | |
| Margin % | 22.18 | 25.92 | 23.62 | 20.05 | 19.44 | |
| EBIT | 247.2 | 392.5 | 389.0 | 348.3 | 374.8 | |
| Net Income | 120.4 | 188.3 | 146.8 | 103.2 | 117.3 | |
| Margin % | 9.90 | 11.49 | 8.27 | 5.50 | 5.69 | |
| EPS, Adj (current shares) | 5.73 | 8.99 | 6.96 | 4.87 | 5.54 | |
| Growth %, YoY | — | +56.8 | -22.6 | -30.0 | — | |
| Cash from Operations | -265.2 | -192.7 | 23.5 | -72.9 | — | |
| Capital Expenditures | -32.4 | -30.6 | -29.0 | -45.1 | — | |
| Free Cash Flow | -297.5 | -223.3 | -5.5 | -118.0 | -118.0 | |
Prices at the previous close · figures from the company's filings with NSE
SMC Global Securities (NSE: SMCGLOBAL) had a market capitalisation of ₹1,940 crore at the previous close (₹92.66 a share), a PE ratio of 16.7 on the last four quarters' profit and a price-to-book ratio of 1.43. In FY26 its consolidated net profit was ₹102 crore on revenue of ₹1,877 crore; in Q2 FY27 (July–September 2026) it was ₹27.9 crore, up 34.9% year on year. Its debt-to-equity ratio was 1.63 on 30 September 2026. Promoters held 66.61% of the shares on 30 September 2026.
SMC Global Securities' PE ratio is 16.7 at the previous close (₹92.66 a share): a market capitalisation of ₹1,940 crore divided by consolidated net profit of ₹116 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹102 crore) it is 19.0.
SMC Global Securities' price-to-book (PB) ratio is 1.43 at the previous close: a market capitalisation of ₹1,940 crore divided by shareholders' equity (book value) of ₹1,358 crore on 30 September 2026. That is a book value of ₹64.85 per share against a share price of ₹92.66.
SMC Global Securities' debt-to-equity ratio was 1.63 on 30 September 2026: borrowings, debt securities, deposits and subordinated debt of ₹2,213 crore against total equity of ₹1,360 crore. A year earlier, on 30 September 2025, it was 1.55.
SMC Global Securities' market capitalisation was ₹1,940 crore at the previous close: 20.94 crore shares at ₹92.66 each.
No. SMC Global Securities had borrowings of ₹2,213 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.63. Its cash and current investments were ₹2,406 crore, so it held net cash of ₹194 crore.
SMC Global Securities' basic earnings per share (EPS) were ₹4.87 in FY26.
SMC Global Securities' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,358 crore on 30 September 2026, up 8.0% from ₹1,258 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,940 crore at the previous close.
In FY26, SMC Global Securities' return on equity (ROE) was 8.1%. ROE is net profit divided by average shareholders' equity (the start and end of the year). In FY25, ROE was 12.6%.
SMC Global Securities' book value per share was ₹64.85 on 30 September 2026: shareholders' equity of ₹1,358 crore divided by the 20.94 crore shares in issue. The share price at the previous close was ₹92.66.
In 2026, SMC Global Securities has declared two dividends totalling ₹1.20 a share: ₹0.60 (interim) with record date 6 February 2026 and ₹0.60 with record date 15 June 2026.
Promoters held 66.61% of SMC Global Securities on 30 September 2026, down 0.10 percentage points from 66.71% the previous quarter and down 0.89 percentage points from 67.50% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, SMC Global Securities generated ₹72.9 crore of cash from operations and spent ₹45.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹118 crore. In FY25 it was −₹5.5 crore.
On 30 September 2026, SMC Global Securities' shares were held by promoters 66.61%, foreign portfolio investors (FII/FPI) 2.56%, domestic institutions (DII) 0.00% (including mutual funds at 0.00%) and retail and other non-institutional investors 30.82%. Over the year, FII holding was up 0.15 percentage points from 2.41% and DII holding was down 0.05 percentage points from 0.05%.
SMC Global Securities' latest results are for Q2 FY27 (July–September 2026), filed on 26 October 2026: consolidated net profit ₹27.9 crore, up 34.9% from ₹20.7 crore in Q2 FY26; revenue from operations ₹532 crore, up 20.9% year on year.
On FY26 consolidated figures, against 5Paisa Capital, Algoquant Fintech and Dolat Algotech: SMC Global Securities' operating margin of 18.6% is the lowest of the four (5Paisa Capital 28.6%, Algoquant Fintech 20.6%, Dolat Algotech 55.8%; peer average 35.0%); its return on equity of 8.1% is the third highest of the four (5Paisa Capital 7.1%, Algoquant Fintech 24.8%, Dolat Algotech 12.1%; peer average 14.7%).
In FY26 (April 2025–March 2026), SMC Global Securities' consolidated net profit was ₹102 crore, down 30.0% from ₹146 crore in FY25, on revenue from operations of ₹1,877 crore (up 5.7%). Over three years, from FY23, net profit was down 15.0%.
SMC Global Securities has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26, SMC Global Securities earned net profit of ₹102 crore on revenue of ₹1,877 crore, against ₹44.2 crore on ₹320 crore for 5Paisa Capital. SMC Global Securities' operating margin was 18.6% (5Paisa Capital 28.6%) and its return on equity 8.1% (5Paisa Capital 7.1%).
From SMC Global Securities' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.