SMC Global Securities cash flow

Latest FY26

Cash from operations: −₹72.9cr₹23.5 cr in FY25
Capital spending: ₹45.1cr+55.5% on FY25
Free cash flow: −₹118cr−₹5.5 cr in FY25
Cash from financing: ₹110cr+351.4% on FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	28.1	30.4	32.1	22.7
	—	0.0	0.0	0.0	6.4
	—	188	170	155	89.3
	—	−2.0	−2.6	−3.7	−0.1
	—	−0.3	−0.0	−0.0	−0.0
	—	−2.3	−0.8	0.0	−0.4
	—	0.0	0.0	9.9	0.0
	—	0.0	0.0	0.0	−0.8
	—	−1.9	3.7	−1.3	29.3
	—	−167	−151	−138	−50.8
	—	0.0	0.0	−86.5	−148
	—	0.0	0.0	11.0	0.0
	—	228	−421	0.0	−7.4
	—	−8.5	−5.6	−315	0.0
	—	−764	407	−803	−238
	—	246	71.4	355	−237
	—	71.2	−253	380	137
	—	−5.1	1.7	3.9	0.0
	—	0.0	0.0	0.0	7.6
	—	7.5	7.7	6.2	3.2
Cash from operating activities
	153	135	192	245	162
	—	−182	−142	−395	−387
	—	−47.3	50.1	−150	−225
	—	12.9	17.3	0.0	0.0
	—	38.5	43.9	42.3	40.1
	—	−72.9	23.5	−193	−265
Cash from investing activities
	—	45.1	29.0	28.7	30.3
	—	0.0	0.0	1.9	2.0
	—	0.4	2.9	1.0	1.4
	—	0.0	3.1	2.7	0.0
	—	0.3	0.0	0.0	0.0
	—	1.7	2.3	3.7	0.1
	—	0.0	0.0	0.0	−0.8
	—	−42.7	−26.8	−28.7	−31.7
Cash from financing activities
	—	0.0	0.0	0.0	92.4
	—	0.0	0.0	0.0	1.1
	—	257	125	0.0	−6.5
	—	512	318	819	615
	—	438	209	291	161
	—	19.0	20.0	0.0	12.8
	—	—	—	17.3	0.0
	—	172	161	146	85.0
	—	27.0	25.9	25.1	26.0
	—	0.0	0.0	0.0	−0.1
	—	−2.8	−2.4	−24.0	0.0
	—	110	24.5	317	232
	—	−5.2	21.2	95.7	−64.7
	—	7.3	2.7	0.0	4.9
	—	2.1	23.9	95.7	−59.8
	—	—	—	128	32.4
Reference items
	400	376	419	425	270
	19.4%	20.1%	23.6%	25.9%	22.2%
	−118	−118	−5.5	−223	−298
	—	51.5	—	—	—
	−₹5.64	−₹5.64	−₹0.26	−₹10.66	−₹14.21
	—	−0.71×	0.16×	−1.02×	−2.20×
	—	38.5	43.9	42.3	40.1
	—	172	161	146	85.0

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

SMCGLOBAL₹92.66

SMC Global Securities Limited

· Banking & Finance

₹ CrorePeers5PAISA ALGOQUANT DOLATALGO GEOJITFSL DAMCAPITAL MASTERTR MONARCH ARIHANTCAPMcap ₹1,940 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	22.7	32.1	30.4	28.1	—
+ Impairment Loss / (Reversal)	6.4	0.0	0.0	0.0	—
+ Finance Costs	89.3	154.6	170.4	188.3	—
+ Interest Income	-0.1	-3.7	-2.6	-2.0	—
+ Dividend Income	-0.0	-0.0	-0.0	-0.3	—
+ Unrealised FX (Gain) / Loss	-0.4	0.0	-0.8	-2.3	—
+ Other Non-cash Items	0.0	9.9	0.0	0.0	—
+ Other — Cash Effects are Investing / Financing	-0.8	0.0	0.0	0.0	—
Changes in Working Capital
+ Inventories	29.3	-1.3	3.7	-1.9	—
+ Trade Receivables — Current	-50.8	-138.4	-151.1	-167.4	—
+ Other Financial Assets — Current	-148.4	-86.5	0.0	0.0	—
+ Other Financial Assets — Non-current	0.0	11.0	0.0	0.0	—
+ Other Current Assets	-7.4	0.0	-421.1	228.0	—
+ Other Non-current Assets	0.0	-315.5	-5.6	-8.5	—
+ Other Bank Balances	-237.8	-803.0	406.6	-763.6	—
+ Trade Payables — Current	-236.8	355.4	71.4	246.3	—
+ Other Financial Liabilities — Current	137.0	380.4	-252.6	71.2	—
+ Other Financial Liabilities — Non-current	0.0	3.9	1.7	-5.1	—
+ Other Current Liabilities	7.6	0.0	0.0	0.0	—
+ Provisions — Current	3.2	6.2	7.7	7.5	—
Cash from Operating Activities
Profit Before Tax (per I/S)	162.0	244.5	192.0	134.5	152.8
+ Total Adjustments (incl. Working Capital)	-387.0	-394.9	-141.9	-181.8	—
Cash from Operations (pre-tax)	-225.0	-150.3	50.1	-47.3	—
+ Other Inflows / (Outflows) — Operating	0.0	0.0	17.3	12.9	—
+ Income Taxes Paid	40.1	42.3	43.9	38.5	—
Cash from Operating Activities	-265.2	-192.7	23.5	-72.9	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	30.3	28.7	29.0	45.1	—
+ Acq of Intangible Assets	2.0	1.9	0.0	0.0	—
+ Disp of Fixed Assets	1.4	1.0	2.9	0.4	—
+ Acq of Investment Property	0.0	2.7	3.1	0.0	—
+ Dividends Received — Investing	0.0	0.0	0.0	0.3	—
+ Interest Received — Investing	0.1	3.7	2.3	1.7	—
+ Other Inflows / (Outflows) — Investing	-0.8	0.0	0.0	0.0	—
Cash from Investing Activities	-31.7	-28.7	-26.8	-42.7	—
Cash from Financing Activities
+ Buyback / Redemption of Own Shares	92.4	0.0	0.0	0.0	—
+ Proceeds — Change in Ownership of Subsidiaries	1.1	0.0	0.0	0.0	—
+ Proceeds from Debentures / Notes / Bonds	-6.5	0.0	124.8	256.6	—
+ Proceeds from Borrowings	614.6	819.4	317.8	511.9	—
+ Repayment of Borrowings	161.0	290.6	208.5	437.7	—
+ Payment of Lease Liabilities	12.8	0.0	20.0	19.0	—
+ Payment of Finance Lease Liabilities	0.0	17.3	—	—	—
+ Interest Paid	85.0	145.5	161.3	171.6	—
+ Dividends Paid	26.0	25.1	25.9	27.0	—
+ Income Taxes (Paid) / Refund — Financing	-0.1	0.0	0.0	0.0	—
+ Other Inflows / (Outflows) — Financing	0.0	-24.0	-2.4	-2.8	—
Cash from Financing Activities	232.1	317.0	24.5	110.4	—
Net Changes in Cash (pre-FX)	-64.7	95.7	21.2	-5.2	—
+ Effect of FX Rate Changes on Cash	4.9	0.0	2.7	7.3	—
Net Changes in Cash	-59.8	95.7	23.9	2.1	—
Closing Cash	32.4	128.1	—	—	—
Reference Items
EBITDA	269.9	424.6	419.4	376.4	400.3
EBITDA Margin %	22.18	25.92	23.62	20.05	19.44
Free Cash Flow (CFO − Capex)	-297.5	-223.3	-5.5	-118.0	-118.0
Free Cash Flow to Equity	—	—	—	51.5	—
Free Cash Flow per Basic Share	-14.21	-10.66	-0.26	-5.64	-5.64
Cash Flow to Net Income	-2.20	-1.02	0.16	-0.71	—
Cash Paid for Taxes	40.1	42.3	43.9	38.5	—
Cash Paid for Interest	85.0	145.5	161.3	171.6	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.