SMC Global Securities Limited — Investor Meet, 09-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

SMC Global Securities reported Q3 FY26 operational income of ₹494.8 Cr (up 12.4% QoQ) and PAT of ₹30.8 Cr (up 46.8% QoQ). Broking revenue increased 17.3% YoY, driven by market penetration, online growth, and commodity business. Mutual Fund AUM, with 80% equity, is projected to exceed ₹6,000 Cr by FY27. The NBFC segment saw a strategic AUM moderation from LAP to Micro LAP, with management anticipating renewed growth traction and 15-20 bps lower borrowing costs in six months. Insurance broking revenue grew 22.2% YoY. The diversified business model is positioned for resilient performance amidst market conditions.