SMCGLOBAL NSE filing

SMC Global Securities Q3 FY26 Earnings Presentation: Revenue ₹494.8 Cr, PAT ₹30.8 Cr

The RealCase readMedium impact Neutral

SMC Global Securities reported Q3 FY26 consolidated revenue of ₹494.8 Cr, with PAT at ₹30.8 Cr. For 9M FY26, consolidated revenue was ₹1,360.0 Cr, and PAT was ₹81.8 Cr. Standalone Q3 FY26 PAT surged to ₹31.5 Cr. The company highlighted growth in Broking and Distribution, while NBFC saw muted performance.

Why it matters

The results present a mixed picture with year-on-year declines in consolidated profit, although standalone performance showed improvement. This could lead to a moderate impact on investor sentiment.

The market read

While revenue showed growth in some segments, the consolidated PAT declined year-on-year, indicating a mixed financial performance. Standalone PAT saw significant improvement.

SMC Global Securities Limited has released its Earning Presentation for the third quarter and nine months ended December 31, 2025 (Q3 FY26 and 9M FY26). The company reported consolidated revenue of ₹494.8 Crores for Q3 FY26, a year-on-year growth driven by strong retail participation and increased volumes in equity and derivatives. However, consolidated EBITDA stood at ₹102.1 Crores and Profit After Tax (PAT) was ₹30.8 Crores, showing a decline compared to the previous year.

For the nine-month period (9M FY26), consolidated revenue was ₹1,360.0 Crores, with EBITDA at ₹286.7 Crores and PAT at ₹81.8 Crores. The company's performance highlights include growth in Broking, Distribution & Trading, supported by increased retail participation. The Financing (NBFC) segment saw muted growth due to a cautious lending strategy and emphasis on asset quality. Insurance Broking performance was robust, driven by strong policy sourcing and favorable renewal cycles.

Standalone results for Q3 FY26 showed operational income of ₹255.5 Crores, a 14.7% increase year-on-year. Standalone EBITDA surged by 33.4% to ₹75.9 Crores, and PAT more than doubled to ₹31.5 Crores from ₹15.5 Crores in Q3 FY25, with PAT margins improving significantly.

Filing to action

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SMC Global Securities Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by SMC Global Securities Limited. Read the original for the full detail.

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