Smc Global Securities Ltd. (india) · NSE:SMCGLOBAL
Smc Global Securities Ltd. (india) — SMC Global Securities — Q1 FY2025 Earnings Presentation
28 slides from Smc Global Securities Ltd. (india)'s earnings presentation, July 2024
Slide 1: SMC Global Securities Ltd Earning Presentation Q1 FY25
SMC Global Securities Ltd Earning Presentation – Q1’FY25
Slide 2: Quarter Performance Q1FY25
About Us Quarter Performance Q1FY25
Slide 3: Strong Growth with Margins Improvement
Strong Growth with Margins Improvement Revenue Margins Profile +44% INR 448.0 Crores Consolidated YoY Highlights EBITDA PAT 27.9% 11.9% +270 Bps +222 Bps Q1FY25 EBITDA +59% INR 125.2 Crores • Revenue growth in all business segment • Broking distribution & trading • Financing (NBFC) • Insurance Broki
Slide 4: Impact of SEBI's New Suggestions on SMC Global Securities
Impact of SEBI's New Suggestions on SMC Global Securities Overview of SEBI's New Discussion papers: SEBI has recently announced a series of measures aimed at protecting retail traders in the Futures & Options (F&O) segment. These measures are designed to create a safer trading environment by increas
Slide 5: Q1-FY25 Consolidated Segmental Performance
Q1-FY25 Consolidated Segmental Performance (Rs. Crs) BROKING, DISTRIBUTION & TRADING INSURANCE BROKING FINANCING (NBFC) +30.0% +63.9% +40.2% 283.5 127.5 60.2 Revenue 218.1 43.0 77.8 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 +71.5% +40.3% +55.1% 74.0 3.2 42.6 EBIT 2.3 27.4 43.2 Q1FY24 Q1FY25 Q1FY24 Q
Slide 6: Business Vertical - Broking, Distribution & Trading
Business Vertical - Broking, Distribution & Trading Key Highlights: Segment Revenue* (INR Crs) Broking DP AUA (INR Crs) 1,02,294 • Our expansive network includes 2,322 961.9 authorized persons, spanning 437 cities and 771.9 767.8 78,635 7,038 financial distributors across India. • SMC has a strategi
Slide 7: Business Vertical - Insurance Broking
Business Vertical - Insurance Broking Insurance Gross Premium (INR Crs) Segment Revenue* (INR Crs.) 528.3 2,884 2,717 348.2 2,084 276.0 Key Highlights: 127.5 644 • SMC Insurance operates through 7 branches nationwide. FY22 FY23 FY24 Q1FY25 FY22 FY23 FY24 Q1FY25 • The company has a workforce of 598 e
Slide 8: Business Vertical - Financing (NBFC) - Middle Layer
Business Vertical - Financing (NBFC) - Middle Layer Segment Revenue (INR Crs) 205.7 131.9 98.5 Key Highlights: 60.2 • In the year 2008, SMC started providing financing services through its wholly owned subsidiary, Moneywise Financial Services Pvt. Ltd. (SMC Finance). • The company is dealing in wide
Slide 9: Financial Performance
About Us Financial Performance
Slide 10: Consolidated Income Statement
Consolidated Income Statement Particulars (INR Crs) Q1-FY25 Q1-FY24 Y-o-Y Q4-FY24 Q-o-Q Operational Income 448.0 311.5 43.8% 509.7 -12.1% Total Expenses 322.8 232.9 370.9 EBITDA 125.2 78.6 59.3% 138.8 -9.8% EBITDA Margins (%) 27.9% 25.2% 270 bps 27.2% 0.70 bps Other Income 2.3 0.8 0.8 Depreciation 7
Slide 11: Standalone Income Statement
Standalone Income Statement Particulars (INR Crs) Q1-FY25 Q1-FY24 Y-o-Y Q4-FY24 Q-o-Q Operational Income 247.5 180.7 37.0% 250.4 -1.2% Total Expenses 167.1 131.5 163.1 EBITDA 80.4 49.2 63.3% 87.3 -7.9% EBITDA Margins (%) 32.5% 27.2% 530 bps 34.9% (240 bps) Other Income 14.8 21.5 1.2 Depreciation 5.8
Slide 12: Q1-FY25 Assets Under Management
Q1-FY25 Assets Under Management Broking DP AUA (INR Crs) Mutual Funds AUM (INR Crs) 4,250 1,02,294 3,801 78,635 3,080 2,992 49,564 52,700 FY22 FY23 FY24 Q1FY25 FY22 FY23 FY24 Q1FY25 Wealth AUM/AUA (INR Crs) NBFC AUM (INR Crs) 1,002 1,237 1,224 908 900 610 540 690 FY22 FY23 FY24 Q1FY25 FY22 FY23 FY24
Slide 13: Key Business Trends – Broking & Insurance
Key Business Trends – Broking & Insurance Broking Broking Clients (in Thousands)* Average Daily Turnover In Broking (In Cr) StoxKart Clients (in Thousands) 1,057 1084 2,91,063 240 246 930 2,82,580 779 2,32,645 194 1,41,034 106 FY22 FY23 FY24 Q1FY25 FY22 FY23 FY24 Q1FY25 FY22 FY23 FY24 Q1FY25 Insuran
Slide 14: Q1-FY25 Financing (NBFC) Business in numbers
Q1-FY25 Financing (NBFC) Business in numbers AUM* Total Income Net Worth INR 1,224 Crs INR 60.2 Crs INR 451 Crs NNPA % ROTA % OPEX to AUM 0.92% 5.01% 4.48% Cumulative Loans Total Borrowings/ Cost of Borrowing % Disbursed Leverage Ratio / Spread INR 3,200 Crs+ INR 801.4 Crs / 1.78x 9.98% / 3.85% Cred
Slide 15: Q1-FY25 Key Business Trends - NBFC
Q1-FY25 Key Business Trends - NBFC Lending Portfolio Disbursements (INR Crs) NII (INR Crs) & NIM (%) 2.8% 0.3% 7.8% 133.9 999.0 15.6% 32.6% 858.3 93.9 1.0% 75.0 13.1% 431.0 11.8% 11.8% 40.0% 198.7 20.4 SME-Loan Against Property (LAP) SME-Working Capital Term Loan (WCTL) Capial Market Funding (CMF) O
Slide 16: SMC Global Securities
About Us SMC Global Securities
Slide 17: SMC at a Glance
SMC at a Glance Consolidated 5 Year PAT CAGR 5 Year Revenue CAGR Net worth 20.28% 16.83% INR 1,136 Crs Branches Across India NBFC AUM Debt/Equity INR 1,224 Crs 1.29x 188 Including 1 in Dubai Cities Covered Employees Authorised Persons 437 4,256 2,322 Network of Financial Client Demat A/Cs Clearing &
Slide 18: Evolution from Traditional Broking to well diversified Financial Service Company
Evolution from Traditional Broking to well diversified Financial Service Company Discount Broking (StoxKart) Financing • Founded in 1994 by Mr. Subhash (NBFC) C. Aggarwal and Mr. Mahesh C. Brokerage Services Gupta, initially focusing on traditional broking services. Insurance Broking • Strategic Shi
Slide 19: Organizational Structure
Organizational Structure Moneywise Finvest Limited (StoxKart) - 100% Moneywise Financial SMC Insurance Brokers Services Private Limited - Private Limited - 90% 100% Discount Brokerage Financing (NBFC) Insurance Broking Business Services SMC Comex International SMC Real Estate Advisors DMCC (UAE) 100
Slide 20: Business Structure
Business Structure Equity, Commodity, Currency & Full-Service Broking Investment Banking SME – Loan Against Property (LAP) Discount Broking SME – Working Capital Term Loan (WCTL) Clearing Services SME-Asset Finance MTF Supply Chain Financing Fixed Income Proprietary Trading Capital Market Funding (C
Slide 21: Expert Leadership
Expert Leadership Experienced Management Team with Focused Business Heads Mr. Subhash C. Aggarwal Chairman & Managing Director, SMC Group Mr. Ajay Garg Mr. Anurag Bansal Dr. D. K. Aggarwal Mr. Himanshu Gupta Director & CEO – SMC Global Whole Time Director-SMC CMD-SMC Investments and Director & CEO-M
Slide 22: Key Strengths
Key Strengths Comprehensive Financial Offerings with High Margin Business: SMC offers a diverse range of high-margin financial products under one roof Established National Brand: Strong Broking & Distribution Network: Well established and deeply penetrated national brand with Over 2,322 Authorized p
Slide 23: Historical Financial Performance
About Us Historical Financial Performance
Slide 24: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Crs) FY22 FY23 FY24 Q1-FY25 Operational Income 1,116.9 1,211.6 1,638.5 448.0 Total Expenses 821.8 941.7 1,213.9 322.8 EBITDA 295.1 269.9 424.6 125.2 EBITDA Margins (%) 26.4% 22.3% 25.9% 27.9% Other Income 3.9 4.1 6.5 2.3 Depreciation 20.1 22.
Slide 25: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Crs) FY22 FY23 FY24 Q1-FY25 Operational Income 669.9 679.2 853.1 247.5 Total Expenses 450.3 497.0 585.0 167.1 EBITDA 219.6 182.1 268.2 80.4 EBITDA Margins (%) 32.8% 26.8% 31.4% 32.5% Other Income 14.2 13.7 30.7 14.8 Depreciation 14.4 17.0 24.1
Slide 26: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Revenue (INR Crs) EBITDA (INR Crs) & EBITDA Margin (%) PAT (INR Crs) & PAT MARGIN (%) 424.6 188.3 1,638.5 174.6 1,216.7 295.1 1,116.9 269.9 120.4 26.4% 25.9% 27.9% 15.6% 22.3% 11.5% 448.0 125.2 53.2 9.9% 15.6% 11.9% 11.9% 11.7% 9.9% FY22 FY23 FY24 Q1FY25
Slide 27: Disclaimer
Disclaimer SMC Global Securities Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in
Slide 28: Thank You
About Us Thank You Company Details: Investor Relations Partner: SMC Global Securities Ltd. X-B4 Advisory LLP Vinod Kumar Jamar Rasika Sawant Chief Financial Officer +91 95944 57518 vinodjamar@smcindiaonline.com rasika@x-b4.com www.smcindiaonline.com www.x-b4.com 28
SMC Global Securities — Q1 FY2025 Earnings Presentation on 6ix