SMC Global Securities Limited — Investor Meet, 02-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

SMC Global Securities (SMCGLOBAL) delivered strong Q1 FY26 results. Consolidated revenue was ₹425.1 Cr, EBITDA ₹100.3 Cr (up 59% Q-o-Q), and PAT ₹30 Cr (up 632% Q-o-Q), aided by investment gains. The company added over 26,000 broking clients and its Mutual Fund AUM reached ₹4,519 Cr, with a target of ₹8,000 Cr in one year. NBFC revenue grew 25% Q-o-Q to ₹51 Cr, with AUM at ₹1,191 Cr. Despite industry headwinds and seasonal dips in insurance, management is confident in continued growth, expecting 10-12% top-line and 15-20% bottom-line growth. Focus remains on tech and diversified business.