SMC Global Q4 Net Profit Surges 470% YoY; Earnings Call Audio Released

4 min read     Updated on 05 May 2026, 03:25 AM
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SMC Global Securities reported a 470% YoY surge in Q4 consolidated net profit to ₹211M and 42% EBITDA growth to ₹897M. FY26 consolidated revenue stood at ₹1,87,692.27 lakhs with net profit after tax of ₹10,324.60 lakhs. The audio recording of the Q4 FY25-26 Earnings Conference Call held on May 4, 2026 is now available on the company's website under Regulation 30 of SEBI LODR, with no unpublished price sensitive information disclosed.

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SMC Global Securities Limited has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors, which met on May 2, 2026, reviewed and approved the results audited by Statutory Auditors P.C. Bindal & Co., Chartered Accountants. The consolidated financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. Pursuant to Regulation 47(1)(a) and 52(8) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements of its audited standalone and consolidated financial results on May 3, 2026 in Jansatta (Delhi edition, Hindi) and Financial Express (English, nationwide circulation).

Earnings Conference Call Audio Recording

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has informed that the audio recording of the Q4 FY25-26 Earnings Conference Call held on Monday, May 4, 2026 at 4:00 P.M. is now available on the company's website. The recording can be accessed at https://www.smcindiaonline.com//wp-content/uploads/2026/05/Concall-SMC-GLOBAL-SECURITIES-LIMITED-04052026.mp3 . The company has confirmed that no unpublished price sensitive information was shared or discussed during the call. The transcript for the said call will be shared with the Stock Exchange and uploaded onto the company's website in due course. The intimation was signed by Suman Kumar, E.V.P. (Corporate Affairs & Legal), Company Secretary & General Counsel (Membership No. F5824).

Unmodified Audit Opinion Declared

Pursuant to Regulation 33(3)(d) and 52(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has declared that Statutory Auditors M/s P.C. Bindal & Co. have issued an unmodified audit opinion on the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The declaration was confirmed and signed by Ajay Garg, Director & Chief Executive Officer (DIN: 00003166), and Vinod Kumar Jamar, President & Group CFO, on May 2, 2026, from New Delhi. The intimation was also made available on the company's website at www.smcindiaonline.com .

Strong Q4 Performance with Significant YoY Growth

The company delivered exceptional performance in Q4, with consolidated net profit surging to ₹211M compared to ₹37M in the same quarter last year, representing a remarkable 470% year-on-year growth. Q4 revenue also showed positive momentum, rising to ₹5.1B from ₹4.95B in the corresponding quarter of the previous year. Additionally, Q4 EBITDA increased to ₹897M from ₹630M in the previous year, marking a 42% year-on-year growth.

Q4 Performance: Current Quarter Previous Year Quarter Growth (%)
Consolidated Net Profit: ₹211M ₹37M +470%
Revenue: ₹5.1B ₹4.95B +3.03%
EBITDA: ₹897M ₹630M +42%
EBITDA Margin: 17.4% 15% +240 bps

Consolidated Financial Performance FY26

For the financial year ended March 31, 2026, the company reported total revenue from operations of ₹1,87,692.27 lakhs, compared to ₹1,77,574.88 lakhs in the previous year. Net profit after tax for the year stood at ₹10,324.60 lakhs, down from ₹14,681.16 lakhs in FY25. Total comprehensive income for the year was ₹11,319.47 lakhs. The paid-up equity share capital increased to ₹4,188.00 lakhs from ₹2,094.00 lakhs in the previous year, following the bonus issue. Earnings per share (basic and diluted) for FY26 was ₹4.87, compared to ₹6.96 in the previous year.

Standalone Financial Results

On a standalone basis, total revenue from operations for FY26 was ₹96,812.08 lakhs, compared to ₹92,429.19 lakhs in the previous year. Profit before tax for the year was ₹10,089.81 lakhs, while profit after tax stood at ₹8,131.68 lakhs. For the quarter ended March 31, 2026, standalone revenue from operations was ₹24,992.70 lakhs, with profit after tax of ₹2,067.89 lakhs.

Key Financial Metrics

The following table presents a consolidated view of key financial metrics for the quarter and full year ended March 31, 2026:

Particulars: Quarter Ended March 31, 2026 (Audited) Year Ended March 31, 2026 (Audited)
Consolidated Total Revenue: ₹51,694.34 lakhs ₹1,87,692.27 lakhs
Consolidated Net Profit After Tax: ₹2,146.42 lakhs ₹10,324.60 lakhs
Standalone Total Revenue: ₹24,992.70 lakhs ₹96,812.08 lakhs
Standalone Profit After Tax: ₹2,067.89 lakhs ₹8,131.68 lakhs
Basic EPS (Consolidated): ₹1.01 ₹4.87

Dividend Announcement

The Board of Directors has proposed a final dividend of 30%, or ₹0.60 per equity share of the face value of ₹2 each, amounting to ₹1,256.40 lakhs. This is subject to approval by shareholders at the ensuing Annual General Meeting. The company had already paid an interim dividend of 30% during FY 2025-26, bringing the total dividend for the financial year to 60%, or ₹1.20 per equity share.

Corporate Actions

On November 17, 2025, the company allotted 10,47,00,000 bonus equity shares of ₹2 each to shareholders who held equity shares as on the record date. Earnings per equity share has been calculated for the current period and restated for all previous periods after considering the total number of equity shares post-issue of bonus shares as per the provisions of the applicable Ind AS.

Historical Stock Returns for SMC Global Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%-0.40%-3.69%+7.71%+7.03%+76.23%

Given the significant divergence between Q4's 470% net profit surge and the full-year FY26 net profit decline from ₹14,681 lakhs to ₹10,325 lakhs, what structural cost or revenue challenges weighed on SMC Global's earlier quarters, and can the Q4 momentum be sustained into FY27?

With SMC Global's paid-up equity share capital doubling following the bonus issue, how might the resulting EPS dilution affect investor sentiment and the company's ability to attract institutional investors going forward?

As SEBI continues to tighten regulations around retail derivatives trading and broking commissions, how could potential regulatory changes impact SMC Global's revenue mix and profitability in the near term?

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SMC Global Securities Appoints Rohit Nayyar as CFO and KMP Effective July 1, 2026

2 min read     Updated on 04 May 2026, 10:35 PM
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SMC Global Securities Limited announced the appointment of Mr. Rohit Nayyar as Chief Financial Officer, Key Managerial Personnel, and Senior Management Personnel effective July 1, 2026, following the retirement of Mr. Vinod Kumar Jamar on June 30, 2026. Mr. Nayyar brings nearly three decades of global finance experience, having previously served as CFO at National Entrepreneurship Network (Wadhwani Foundation) and CARE India, and held leadership roles at DELL Technologies. The appointment was approved by the Board of Directors on May 2, 2026, under Regulation 30 of SEBI Listing Regulations.

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SMC Global Securities Limited has announced a key leadership transition with the appointment of Mr. Rohit Nayyar as Chief Financial Officer, Key Managerial Personnel, and Senior Management Personnel, effective July 1, 2026. The appointment was approved by the Board of Directors at its meeting held on May 2, 2026, as disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Leadership Transition Details

Mr. Rohit Nayyar will assume the CFO role following the retirement of Mr. Vinod Kumar Jamar, whose tenure as Chief Financial Officer, Key Managerial Personnel, and Senior Management Personnel concludes at the close of business hours on June 30, 2026. The transition represents a seamless leadership change within the organization's financial management structure.

Parameter: Details
Appointee: Mr. Rohit Nayyar
New Role: Chief Financial Officer, Key Managerial Personnel & Senior Management Personnel
Effective Date: July 1, 2026
Outgoing CFO: Mr. Vinod Kumar Jamar
Tenure End Date: June 30, 2026
Board Approval Date: May 2, 2026

Profile of Incoming CFO

Mr. Rohit Nayyar is an accomplished global finance leader with nearly three decades of experience driving strategic growth, fiduciary stewardship, and robust governance frameworks across the corporate, technology, and development sectors. An alumnus of Shri Ram College of Commerce (1994), he is a qualified Chartered Accountant (1997), Company Secretary (1997), and CISA, USA (2010).

Mr. Nayyar joins SMC Global Securities from National Entrepreneurship Network (Wadhwani Foundation), where he served as CFO since September 2023. In that role, he led strategic planning, financial governance, decision support, legal, tax, and IT infrastructure across Latin America, Asia, and Africa, supporting large-scale digital transformation initiatives aligned with public policy and institutional impact. Prior to this, he served as CFO at CARE India (2017-23), part of a global confederation operating in over 100 countries, where he strengthened financial stewardship and enabled programmatic scale. During his decade-long tenure at DELL Technologies (2006-16), he held leadership roles across global financial planning and risk management, leading cross-cultural teams across North America, Europe, and Asia. In the early phase of his career, he built a strong foundation in financial management and taxation through roles with Global Vantedge, Max Group, Magic Software, and Monnet Ispat Ltd.

Authorized Key Managerial Personnel

The company has disclosed its authorized Key Managerial Personnel responsible for determining the materiality of events and making necessary disclosures to stock exchanges under SEBI Listing Regulations. The current authorized personnel include:

  • Mr. Ajay Garg – Director & CEO
  • Mr. Anurag Bansal – Whole Time Director
  • Mr. Vinod Kumar Jamar – Chief Financial Officer (tenure ending June 30, 2026)

Regulatory Compliance Framework

Upon completion of Mr. Vinod Kumar Jamar's tenure, Mr. Rohit Nayyar will join the other Key Managerial Personnel in determining the materiality of events and making disclosures in compliance with SEBI Listing Regulations. This responsibility ensures the company maintains its regulatory compliance standards and transparency obligations.

Contact Information

Mr. Rohit Nayyar can be reached at rohit.n@smcindiaonline.com and phone number 011-30111000. The company has confirmed that contact details of all authorized persons are available on its official website at www.smcindiaonline.com . The disclosure was signed by Suman Kumar, Executive Vice President (Corporate Affairs & Legal), Company Secretary & General Counsel, on May 2, 2026.

Historical Stock Returns for SMC Global Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%-0.40%-3.69%+7.71%+7.03%+76.23%

How might Rohit Nayyar's extensive experience in development sector organizations like CARE India and Wadhwani Foundation influence SMC Global Securities' approach to ESG reporting and corporate governance?

Could Nayyar's background in digital transformation and IT infrastructure at Dell Technologies and Wadhwani Foundation accelerate SMC Global Securities' fintech capabilities or technology investment strategy?

How will the leadership transition impact SMC Global Securities' financial strategy amid increasing competition in India's broking and financial services sector?

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