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SMC Global Securities Ltd

Q3 FY26Capital Markets

SMC Global Securities Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹81
Market cap₹1.7K Cr
P/E15.3
Updated23 Aug 2026
Read4 min read

The short version

Broking and distribution segment revenue grew 17.3% YoY in Q3 FY’26; expected overall growth of 10%-14% annually going forward. Broking & distribution segment expects 10-14% growth, driven by increasing cash market and commodity business penetration (Page 6). - Mutual fund AUM is projected to grow 20-25% over the next 2 years, with an expected AUM above Rs.

From SMC Global Securities Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Broking and distribution segment revenue grew 17.3% YoY in Q3 FY’26; expected overall growth of 10%-14% annually going forward.
  • Mutual fund AUM plan to grow around 20%-25% annually, targeting over ₹6,000 crores by end of FY’27.
  • Digital penetration and multi-product client engagement are projected to increase, supporting broking revenue growth.
  • Insurance broking sees steady momentum with expanded distribution; no pricing pressure observed on broker commissions.

2 more points management made on revenue & sales performance

Profitability & Margins

See what SMC Global Securities Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The transcript does not explicitly mention any current or future capex, capital investment, or strategic investment plans. However, from the discussion, the following points are noted that may relate to strategic/company investments: - Continued investments in digital platforms and advisory-led distribution in the insurance broking business to enhance reach and customer engagement. - Focus on expanding micro LAP portfolio in the NBFC segment, indicating a strategic shift and portfolio churn.

2 more points management made on capital expenditure plans

Top-ranked in Capital Markets

Ranked on what management guided this quarter

5x potential
1BSE
Rev 2Mar 3
2Billionbrains
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what SMC Global Securities Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided transcript from the Q3 & 9M FY’26 earnings call of SMC Global Securities Limited does not explicitly mention the current or expected order book or pending orders. The discussion focuses on financial performance, business segments (broking, financing NBFC, insurance broking), portfolio strategies, cost of borrowing, asset under management (AUM) growth, and operational metrics. There is no direct information related to order book status or pending orders in the text. If you need information about specific order books or pending orders, it may be covered in other reports or sections not included in the provided transcript.

SMC Global Securities Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹517 Cr, net profit ₹21 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What SMC Global Securities Ltd's management said in earlier quarters

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Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

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Frequently Asked Questions

What were SMC Global Securities Ltd Q3 FY26 results?

Broking and distribution segment revenue grew 17.3% YoY in Q3 FY’26; expected overall growth of 10%-14% annually going forward. Broking & distribution segment expects 10-14% growth, driven by increasing cash market and commodity business penetration (Page 6). - Mutual fund AUM is projected to grow 20-25% over the next 2 years, with an expected AUM above Rs.

What is SMC Global Securities Ltd share price analysis?

SMC Global Securities Ltd currently shows a neutral. The stock trades at a P/E of 15.3 with a market cap of ₹1,664 Cr. Investors should review the full earnings analysis for detailed insights.

Is SMC Global Securities Ltd planning capital expenditure?

The transcript does not explicitly mention any current or future capex, capital investment, or strategic investment plans.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.