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.

SMC Global Securities has filed regulatory disclosures regarding additional share transactions by its promoter group entity. Jai Ambey Share Broking Limited has further reduced its stake in the financial services company through open market sales, with the company filing disclosures under SEBI takeover regulations.

Latest Transaction Details

The most recent share sale transaction involved another reduction in Jai Ambey Share Broking Limited's shareholding in SMC Global Securities. The transaction was executed through open market operations with regulatory compliance maintained.

Updated Shareholding Pattern

The latest transaction resulted in a further reduction in Jai Ambey Share Broking Limited's ownership in SMC Global Securities. The promoter group entity's stake decreased from its previous position following the share sale.

Promoter Group Holdings

The disclosure includes comprehensive details of the entire promoter and promoter group shareholding structure. The total promoter and promoter group holding stands at 13,98,05,420 shares, representing 66.75% of the company's equity capital.

Regulatory Compliance

SMC Global Securities filed the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was signed by Suman Kumar, EVP (Corporate Affairs & Legal), Company Secretary & General Counsel, with membership number F5824.

The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited, with the document also hosted on the company's website at www.smcindiaonline.com for public access and transparency.

Company Profile

SMC Global Securities Limited operates as a clearing and trading member across multiple segments including equity, F&O, currency, and commodity markets. The company's equity share capital comprises 20,94,00,000 equity shares of ₹2.00 each, maintaining its position in the stock and commodity broking sector.