📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
SMC Global Q3 FY26 PAT Jumps 46.8% QoQ to ₹30.8 Cr; Broking and Insurance Drive Growth
SMC Global Securities reported a strong sequential recovery in Q3 FY26, with consolidated operational income rising 12.4% QoQ to ₹494.8 crores. Profit After Tax (PAT) surged 46.8% QoQ to ₹30.8 crores, supported by a 140-basis point expansion in EBITDA margins to 20.6%. While the broking and insurance segments showed robust year-on-year growth of 17.3% and 22.2% respectively, the financing (NBFC) segment remained under pressure due to tighter credit standards. The company's focus on digital penetration and algo-trading is expected to drive future broking volumes.
Key Highlights
Consolidated Q3 FY26 PAT grew 46.8% QoQ to ₹30.8 crores with EBITDA at ₹102.1 crores.
Broking and Distribution revenue increased 17.3% YoY to ₹286.6 crores, supported by a DP AUA of ₹1,64,217 crores.
Insurance Broking revenue rose 22.2% YoY to ₹181.1 crores with over 8.25 lakh policies issued in 9M FY26.
NBFC segment AUM stood at ₹1,107 crores with a Net NPA of 1.99% and collection efficiency of 97.96%.
Mutual Fund AUM reached ₹4,768 crores as of 9M FY26, reflecting steady retail SIP participation.
💼 Action for Investors
Investors should focus on the company's ability to scale its high-margin insurance and digital broking arms to offset the current slowdown in the NBFC segment. The stock remains a steady play on Indian capital market participation and insurance penetration.
SMC Global Q3 FY26: Revenue Up 8.6% to INR 495 Cr; PAT Declines 30% on NBFC Weakness
SMC Global Securities reported a mixed performance for Q3 FY26, with consolidated revenue growing 8.6% YoY to INR 494.8 Crores. However, Profit After Tax (PAT) declined significantly by 29.8% YoY to INR 30.8 Crores, while 9M FY26 PAT fell 42.7% to INR 81.8 Crores. The decline was primarily driven by a 32% revenue drop in the Financing (NBFC) segment due to cautious lending and tighter underwriting. Conversely, the Broking and Insurance segments showed resilience with revenue growth of 22.2% and 17.3% respectively.
Key Highlights
Consolidated Q3 Revenue rose 8.6% YoY to INR 494.8 Cr, but EBITDA margins contracted by 400 bps to 20.6%.
Insurance Broking revenue increased 17.3% YoY to INR 286.6 Cr, supported by robust policy sourcing and renewal cycles.
Financing (NBFC) segment EBIT plunged 43.8% YoY to INR 26.2 Cr as management prioritized asset quality over expansion.
Broking DP Assets Under Advice (AUA) reached a record INR 1,64,217 Cr, up from INR 1,15,048 Cr in FY25.
9M FY26 PAT stands at INR 81.8 Cr, down from INR 142.7 Cr in 9M FY25, reflecting higher operational expenses and NBFC stress.
💼 Action for Investors
Investors should remain cautious as the significant decline in profitability and contraction in the NBFC book outweigh the steady growth in broking and insurance. Monitor if the company can stabilize margins and revive its lending business in the coming quarters.
SMC Global Declares ₹0.60 Interim Dividend; Q3 Standalone PAT at ₹13.96 Crore
SMC Global Securities has declared an interim dividend of ₹0.60 per equity share (30% of face value) for the financial year 2025-26. The company set February 6, 2026, as the record date for determining shareholder eligibility. For the quarter ended December 31, 2025, the company reported a standalone total income of ₹255.53 crore, though Profit After Tax (PAT) declined to ₹13.96 crore from ₹27.21 crore in the previous quarter. These results and EPS figures have been adjusted to reflect the 1:1 bonus issue completed in November 2025.
Key Highlights
Interim dividend of ₹0.60 per equity share (30% of ₹2 face value) declared for FY 2025-26.
Record date for dividend eligibility is fixed as Friday, February 06, 2026.
Standalone Q3 FY26 Total Income increased to ₹255.53 crore from ₹227.23 crore in Q2 FY26.
Standalone Profit After Tax (PAT) for Q3 FY26 stood at ₹13.96 crore, down from ₹27.21 crore in the preceding quarter.
EPS for the quarter is reported at ₹0.67, restated to account for the 1:1 bonus share allotment in November 2025.
💼 Action for Investors
Investors should ensure they hold shares before the February 6 record date to qualify for the ₹0.60 dividend. While the dividend is positive, the sequential dip in profitability despite higher revenue suggests a need to monitor operating expenses.
SMC Global Sets Feb 6, 2026, as Record Date for FY26 Interim Dividend
SMC Global Securities Limited has officially designated February 6, 2026, as the record date for its interim dividend for the financial year 2025-26. This follows the board meeting held on February 2, 2026, where the timeline for shareholder entitlement was finalized. Shareholders holding the stock as of the record date will be eligible for the payout. This announcement confirms the company's commitment to distributing profits to its investors for the current fiscal year.
Key Highlights
Record date for interim dividend entitlement is fixed as February 6, 2026
Board meeting to finalize the record date was held on February 2, 2026
The dividend distribution pertains to the financial year 2025-26
Announcement applies to equity shares listed on both BSE (543263) and NSE (SMCGLOBAL)
💼 Action for Investors
Investors interested in the dividend should ensure they purchase or hold the shares before the ex-dividend date to qualify for the payout. Monitor for the specific dividend amount per share if not already declared.
SMC Global Q3 PAT Drops to ₹13.96 Cr; Announces ₹0.60 Interim Dividend
SMC Global Securities reported a weak performance for the quarter ended December 31, 2025, with Profit After Tax (PAT) falling to ₹13.96 crore from ₹20.22 crore in the same period last year. Revenue from operations also declined to ₹215.53 crore compared to ₹255.53 crore YoY. Despite the earnings dip, the company declared an interim dividend of ₹0.60 per share. The company recently completed a 1:1 bonus issue, and EPS figures have been restated to reflect the increased share capital.
Key Highlights
Net Profit for Q3 FY26 stood at ₹13.96 crore, a significant drop from ₹20.22 crore in Q3 FY25.
Revenue from operations decreased to ₹215.53 crore for the quarter, down from ₹255.53 crore YoY.
Declared an interim dividend of ₹0.60 per equity share (30% of face value) with a record date of February 6, 2026.
Successfully raised ₹33.85 crore through the public issuance of secured Non-Convertible Debentures (NCDs).
Invested ₹20 crore in wholly-owned subsidiary Moneywise Finvest Limited through a rights issue.
💼 Action for Investors
Investors should monitor the declining profit margins and revenue growth, which suggest operational headwinds. While the dividend provides some yield, the sharp drop in quarterly PAT warrants a cautious outlook until growth stabilizes.
SMC Global Declares ₹0.60 Interim Dividend; Q3 Standalone PAT at ₹31.45 Crore
SMC Global Securities has declared an interim dividend of ₹0.60 per equity share (30% of face value) for the financial year 2025-26, with the record date set for February 6, 2026. The company reported standalone Profit After Tax (PAT) of ₹31.45 crore for Q3 FY26, a decline from ₹38.41 crore in the corresponding quarter of the previous year. Total standalone income for the quarter stood at ₹222.42 crore, slightly lower than the ₹227.23 crore reported in Q3 FY25. The earnings per share (EPS) for the quarter was ₹1.50, adjusted for the 1:1 bonus issue completed in November 2025.
Key Highlights
Declared an interim dividend of ₹0.60 per share (30% of face value) with a record date of February 6, 2026.
Standalone Profit After Tax (PAT) for Q3 FY26 decreased to ₹31.45 crore from ₹38.41 crore YoY.
Total standalone income for the quarter ended December 31, 2025, was ₹222.42 crore.
Successfully raised ₹33.86 crore through the public issuance of Non-Convertible Debentures (NCDs) in October 2025.
EPS for the quarter stands at ₹1.50, restated to account for the 1:1 bonus share allotment in November 2025.
💼 Action for Investors
Investors should track the record date of February 6, 2026, to be eligible for the interim dividend. While the dividend provides immediate yield, the slight year-on-year decline in quarterly profitability warrants a closer look at operating margins in the broking segment.