SMC Global Securities has scheduled its 32nd Annual General Meeting (AGM) for Friday, June 26, 2026, at 11:00 a.m. IST via Video Conferencing. The meeting will seek shareholder approval for a final dividend of ₹0.60 per equity share and a special resolution to borrow up to ₹3,000 crore. The notice and Annual Report for FY 2025-26 were dispatched electronically on June 4, 2026, to shareholders with registered email addresses, in compliance with SEBI regulations. The company has also published newspaper advertisements in the Financial Express and Jansatta to intimate the completion of the dispatch of the notice, e-voting, and book closure details.

Key AGM and Dividend Details

The Board recommended a final dividend of ₹0.60 per share, representing 30% of the face value of ₹2 each. This adds to the interim dividend of ₹0.60 per share already paid, bringing the total dividend for FY 2025-26 to ₹1.20 per share. The record date for determining entitlement to the final dividend is June 15, 2026, with book closure from June 16 to June 18, 2026.

Business Agenda and Borrowing Resolution

The ordinary business includes the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of directors. Under special business, shareholders will vote on a resolution authorising the Board to borrow funds, including through the issuance of Non-Convertible Debentures (NCDs), up to an aggregate limit of ₹3,000 crore. This authority renews the approval previously granted at the 29th AGM to meet working capital requirements.

The directors proposed for re-appointment are Mr. Ajay Garg (Director & CEO) and Mr. Anurag Bansal (Whole Time Director). Mr. Arvind Kumar Roy, Practising Company Secretary, has been appointed as the Scrutinizer for the e-voting process.

Financial Performance FY 2025-26

The company reported a 5.70% year-on-year increase in consolidated revenue to ₹1,87,692.27 lakhs. However, profitability declined due to regulatory changes in the derivatives segment. Consolidated Profit After Tax (PAT) fell by 29.67% to ₹10,324.60 lakhs, while EBITDA decreased by 10.26% to ₹37,636.73 lakhs.

Segment and Operational Highlights

The Insurance Broking segment grew 17.06% to ₹66,753 lakhs, while the NBFC segment reported an Assets Under Management (AUM) of ₹1,119 crore as of March 31, 2026. The NBFC maintained a Capital to Risk-weighted Assets Ratio (CRAR) of 43.20% and a Net NPA of 1.99%. During the year, the company completed a bonus issue in a 1:1 ratio and a public issuance of NCDs aggregating ₹13,385.86 lakhs.

SMC Global Securities Limited has scheduled its investor presentation for the fourth quarter of financial year 2025-26 on May 3, 2026, in compliance with Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The presentation materials are available on the company's official website at www.smcindiaonline.com . The announcement was digitally signed by Suman Kumar, E.V.P. (Corporate Affairs & Legal), Company Secretary & General Counsel.

Q4FY26 Performance Highlights

Q4-FY26 performance improved sharply year-on-year, reflecting normalization of market activity, benefits of strategic initiatives undertaken over the past year, and stronger operating leverage. The company reported operational income of ₹516.9 crores for Q4FY26, representing a 22.6% increase compared to Q4FY25. EBITDA for the quarter stood at ₹89.7 crores, up 42.4% YoY, with EBITDA margins expanding to 17.4% from 14.9% in the previous year. Profit after tax for Q4FY26 reached ₹21.5 crores, a significant increase of 424.4% YoY, with PAT margins improving to 4.2%.

FY26 Financial Performance

For the full financial year 2025-26, the company reported consolidated revenue of ₹1,876.9 crores, representing a 5.7% growth compared to the previous year. EBITDA for FY26 stood at ₹376.4 crores with EBITDA margins of 20.1%. Net profit for the year was ₹103.2 crores with PAT margins of 5.5%. FY26 profitability was impacted by softer derivatives activity and regulatory changes in the F&O segment, leading to moderation in EBITDA and PAT despite revenue growth.

Business Segment Performance

SMC Global Securities operates through three primary segments: Broking, Distribution & Trading; Insurance Broking Services; and Financing Activities. The Broking, Distribution and Trading segment contributed ₹1,089.2 crores to total segment revenue for FY26. Insurance broking emerged as an improving business vertical, supporting diversification and partially offsetting softness in core broking revenues.

NBFC and Wealth Management Metrics

The company's Financing (NBFC) business reported AUM of ₹1,119 crores with total income of ₹188.9 crores and net worth of ₹488.3 crores. The NBFC segment demonstrated strong operational metrics with collection efficiency of 98.63%, credit cost of 1.31%, and provision coverage ratio of 35.02%. Cumulative loans disbursed exceeded INR 45 Bn, with 85 channel partners and 38 branches. Wealth management served 12,342 clients with AUM/AUA of INR 1,173 Crores across Delhi and Mumbai branches.