SMC Global Securities' Q1 FY 2025-26 Quarterly Results

Result Summary

• SMC Global Securities Ltd reported a 16.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 5.5%.
• Its expenses for the quarter were down by 9.1% QoQ and up 2.1% YoY.
• The net profit decreased 54.8% QoQ and decreased 43.8% YoY.
• The earnings per share (EPS) of SMC Global Securities Ltd stood at 2.8 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

SMC Global Securities Ltd is a comprehensive financial services company, offering a variety of services such as broking, distribution of financial products, and wealth management. The company operates primarily in the financial services industry. It has built a significant presence over the years, providing a wide range of services to its client base. However, specific recent major developments related to the company are not available, which is a limitation in providing an exhaustive current overview.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), SMC Global Securities Ltd reported a total income of ₹425.78 crores. This represents a decline of 16.6% from the previous quarter (Q4FY25), where the total income was ₹510.50 crores. The year-over-year comparison reveals a smaller decrease of 5.5% from Q1FY25, when the total income was ₹450.36 crores. These figures suggest changes in the company's revenue generation over the reviewed periods, as seen in the quarterly and annual variations.

Profitability

For Q1FY26, SMC Global Securities Ltd's profit before tax was ₹38.36 crores, which shows a significant decrease of 55.1% compared to the previous quarter. When compared year-over-year, there was a 44.5% reduction from Q1FY25. The profit after tax for Q1FY26 was ₹29.95 crores, marking a 54.8% decrease from Q4FY25 and a 43.8% decline from the same quarter in the previous year. Earnings per share (EPS) for Q1FY26 was ₹2.80, down from ₹6.30 in Q4FY25 and ₹5.10 in Q1FY25, indicating substantial changes in profitability metrics over time.

Operating Metrics

Total expenses for Q1FY26 amounted to ₹383.75 crores, representing a 9.1% reduction from Q4FY25, where expenses were ₹422.36 crores. Compared to Q1FY25, total expenses increased by 2.1% from ₹375.97 crores. The tax expense for the current quarter was ₹8.41 crores, which is a decrease of 56.0% from the previous quarter and 47.0% from the same quarter last year. These figures reflect the company's cost management and tax obligations over the analyzed periods, contributing to the overall financial performance.