SMC Global Securities Limited has issued a clarification to BSE Limited regarding the recent surge in trading volume of its shares, stating that the increase appears to be purely market-driven with no undisclosed material information affecting the stock.

BSE Inquiry Response

In a letter dated March 18, 2026, SMC Global Securities responded to BSE's inquiry from March 16, 2026, regarding increased trading volume. The company addressed the matter under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Position

SMC Global Securities confirmed that after reviewing the recent movement in trading volume, the company found no material information, event, or announcement pending that could have a bearing on the price or volume behavior of its shares. The brokerage firm emphasized that it has already disclosed all information required under SEBI regulations to the stock exchanges.

Key clarifications provided by the company include:

• No undisclosed material information affecting share performance
• All required disclosures under SEBI regulations completed
• Trading volume increase appears market-driven
• Business operations continuing in normal course

Regulatory Compliance

The company reaffirmed its commitment to maintaining transparency and compliance with all applicable disclosure requirements. SMC Global Securities stated it will continue to promptly inform stock exchanges of any material information or events as mandated by regulatory requirements.

The clarification was signed by Suman Kumar, Executive Vice President (Corporate Affairs & Legal), Company Secretary & General Counsel, on behalf of SMC Global Securities Limited. The company maintains its registered office at Shanti Chamber, Pusa Road, New Delhi, and operates as a member of multiple exchanges including NSE, BSE, MSE, NCDEX, and MCX.

SMC Global Securities Ltd has announced its Q3 financial results, showing mixed performance with revenue growth but declining profitability metrics. The company reported consolidated revenue of ₹4.95 billion compared to ₹4.55 billion in the corresponding quarter of the previous year, while net profit decreased to ₹305 million from ₹437 million year-on-year.

Q3 Financial Performance Overview

The financial services company demonstrated revenue resilience with an 8.8% year-on-year growth in consolidated revenue. However, profitability faced significant headwinds with net profit declining by 30.2% compared to the same quarter in the previous fiscal year. The company's EBITDA performance also reflected margin pressures during the quarter.

Profitability and Margin Analysis

The company's EBITDA declined to ₹1 billion from ₹1.1 billion in the year-ago quarter, representing a decrease in operational profitability. More concerning was the compression in EBITDA margin, which fell to 20.64% from 24.54% in the previous year, indicating margin pressure despite revenue growth.

Earnings Conference Call Details

The company had previously scheduled an earnings conference call for February 3, 2026 at 4:00 PM IST to discuss its Q3 and 9M financial performance. The call featured comprehensive representation from SMC Global Securities' senior management team, including key executives across various business verticals.

Market Context and Business Operations

The mixed financial performance reflects the challenging operating environment in the financial services sector. While the company managed to grow its top-line revenue, operational efficiency declined as evidenced by the compressed EBITDA margins and reduced net profitability during the quarter. The earnings announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.