SMC Global Securities Ltd
SMC Global Securities Ltd (SMC) is a well-diversified financial service company in India & Abroad, offering one-stop investment solutions in trading & investments, since 1990. It offers advanced broking services across equity, derivative, currency and commodity asset classes, financial analytics, mortgage advisory, investment banking and executions in cash & future equities. [1]
- Market Cap ₹ 1,572 Cr.
- Current Price ₹ 150
- High / Low ₹ 183 / 78.0
- Stock P/E 7.47
- Book Value ₹ 105
- Dividend Yield 1.60 %
- ROCE 18.0 %
- ROE 18.5 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 20.2% CAGR over last 5 years
- Company's median sales growth is 16.1% of last 10 years
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Stock/ Commodity Brokers Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
292 | 293 | 370 | 422 | 526 | 652 | 757 | 780 | 902 | 1,118 | 1,212 | 1,642 | 1,775 | |
243 | 250 | 289 | 353 | 429 | 516 | 593 | 659 | 706 | 821 | 941 | 1,213 | 1,304 | |
Operating Profit | 49 | 43 | 81 | 70 | 97 | 136 | 163 | 122 | 196 | 297 | 271 | 429 | 471 |
OPM % | 17% | 15% | 22% | 16% | 18% | 21% | 22% | 16% | 22% | 27% | 22% | 26% | 27% |
2 | 9 | 5 | 4 | 8 | -0 | 3 | 4 | 7 | 3 | 3 | 3 | 8 | |
Interest | 17 | 13 | 13 | 18 | 29 | 47 | 64 | 61 | 43 | 58 | 90 | 155 | 172 |
Depreciation | 8 | 7 | 11 | 7 | 7 | 9 | 11 | 19 | 18 | 20 | 23 | 32 | 33 |
Profit before tax | 25 | 31 | 63 | 49 | 68 | 79 | 91 | 45 | 143 | 221 | 162 | 244 | 274 |
Tax % | 23% | 28% | 33% | 30% | 34% | 35% | 18% | 47% | 26% | 21% | 26% | 23% | |
20 | 23 | 42 | 35 | 45 | 52 | 75 | 24 | 105 | 175 | 120 | 188 | 211 | |
EPS in Rs | 1.75 | 1.99 | 3.71 | 3.05 | 4.05 | 4.71 | 6.61 | 2.09 | 9.27 | 15.41 | 11.47 | 17.89 | 20.07 |
Dividend Payout % | -0% | 24% | 16% | 20% | 21% | 20% | 15% | 46% | 22% | 16% | 21% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | 19% |
5 Years: | 17% |
3 Years: | 22% |
TTM: | 44% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 20% |
3 Years: | 21% |
TTM: | 86% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 24% |
1 Year: | 73% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 15% |
3 Years: | 17% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 21 | 21 |
Reserves | 468 | 485 | 517 | 544 | 572 | 595 | 658 | 659 | 750 | 903 | 912 | 1,075 |
43 | 38 | 68 | 182 | 333 | 523 | 754 | 221 | 494 | 497 | 944 | 1,467 | |
361 | 358 | 382 | 613 | 653 | 672 | 916 | 975 | 1,120 | 1,519 | 1,431 | 2,184 | |
Total Liabilities | 895 | 902 | 990 | 1,361 | 1,581 | 1,813 | 2,350 | 1,877 | 2,387 | 2,942 | 3,307 | 4,747 |
34 | 29 | 22 | 22 | 43 | 37 | 35 | 69 | 64 | 114 | 130 | 135 | |
CWIP | -0 | -0 | -0 | 0 | 0 | -0 | 0 | 1 | 0 | 1 | 10 | 27 |
Investments | 38 | 39 | 41 | 43 | 88 | 136 | 195 | 86 | 117 | 171 | 57 | 70 |
823 | 834 | 927 | 1,296 | 1,450 | 1,641 | 2,120 | 1,720 | 2,207 | 2,657 | 3,110 | 4,513 | |
Total Assets | 895 | 902 | 990 | 1,361 | 1,581 | 1,813 | 2,350 | 1,877 | 2,387 | 2,942 | 3,307 | 4,747 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
123 | 8 | -20 | -8 | -233 | -155 | 805 | -393 | 209 | -260 | -193 | ||
-43 | -4 | -7 | -66 | 55 | 3 | -47 | -6 | -61 | -31 | -29 | ||
-109 | -12 | 89 | 114 | 125 | 150 | -596 | 211 | -100 | 231 | 317 | ||
Net Cash Flow | -29 | -8 | 61 | 41 | -54 | -2 | 162 | -189 | 48 | -60 | 96 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 196 | 295 | 235 | 278 | 296 | 232 | 379 | 127 | 133 | 111 | 113 | 116 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 196 | 295 | 235 | 278 | 296 | 232 | 379 | 127 | 133 | 111 | 113 | 116 |
Working Capital Days | 73 | 180 | 209 | 210 | 125 | -46 | 33 | -209 | -250 | -308 | -270 | -318 |
ROCE % | 7% | 8% | 13% | 10% | 12% | 13% | 12% | 9% | 17% | 21% | 15% | 18% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 30th September, 2024
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
7 Oct - Intimation of issue of duplicate share certificate.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 Oct
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
30 Sep - The officials of our Company, SMC Global Securities ('Company') will be interacting with Analysts / Institutional Investors on Thursday, 3rd October 2024 via video conference
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 25 Sep
Annual reports
Concalls
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Aug 2024Transcript PPT
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Business Segments
A) Broking, Distribution & Trading: The co’s broking business comprises brokerage in equities, commodities, currency derivatives, and other securities, clearing services across all major stock exchanges, and depository services. The Distribution business encompasses distributing third-party financial products like Mutual Funds, IPOs, FPOs, Corporate FD Bonds, etc. It also covers wealth and portfolio management services along with providing investment banking services and advisory in real estate and mortgage/loan advisory.
B) Insurance Broking: The subsidiary of the Co, SMC Insurance Brokers Pvt. Ltd. which is a Direct Insurance Broker registered with IRDA, provides a complete array of services in Life Insurance and General Insurance Category including consulting, risk analysis, policy serving and claim settlement assistance.
C) Financing (NBFC): SMC provides financing services through its wholly-owned subsidiary, Moneywise Financial Services Pvt. Ltd. (SMC Finance). SMC Finance offers a wide bouquet of loan products i.e. SME financing, loans against property, unsecured business loans, personal loans, loans against securities, receivable financing, medical equipment finance, IPO finance, etc. to meet the growing credit requirement.[1]