Smc Global Securities Ltd. (india) · NSE:SMCGLOBAL
Smc Global Securities Ltd. (india) — SMC Global Securities — Q1 FY2022 Earnings Presentation
25 slides from Smc Global Securities Ltd. (india)'s earnings presentation, June 2021
Slide 1: Earnings Presentation Q1-FY22
Earnings Presentation Q1-FY22
Slide 2: SMC at a Glance
SMC at a Glance Branches Across India Cities Covered Unique Clients Employees Sub-brokers / Network of Financial 95+ Authorised Persons 550+ 1,900,000+ 3,600+ Distributors Including 1 in Dubai 2,550+ 13,500+ Clearing & Settlement Cumulative AUM/AUA Running SIPs Insurance Policies sold Insurance Clie
Slide 3: SMC Group Overview
SMC Group Overview • SMC Global Securities Ltd was established in 1994 by founders Mr. Subhash C. Consolidated Revenue (INR Mn) & EBITDA (%) Aggarwal and Mr. Mahesh C. Gupta. • Over the years, the company has grown into a diversified financial services 22.19% 21.04% 8,929 company offering brokerage
Slide 4: Business Structure
Business Structure SMC Global Securities Ltd. Insurance Broking Broking, Distribution & Trading Financing Equity, Commodity, Currency & Institutional Broking Discount Broking Clearing Services Financial Products Distribution Proprietary Trading Fixed Income Wealth Management Portfolio Management Rea
Slide 5: Broking, Distribution & Trading
Broking, Distribution & Trading • Broking business comprises of brokerage in dealing in equities, commodities, currency derivatives and other securities on behalf of customers, clearing services across all major stock exchanges and Segment Revenue* (INR Mn) depository services. 5,794 • Distribution
Slide 6: Insurance Broking
Insurance Broking Segment Revenue* (INR Mn.) 2,400 2,207 1,775 • SMC Insurance Brokers Pvt. Ltd. which is a Direct Insurance Broker registered with IRDAI (Insurance Regulatory and Development Authority of India) provides a complete array of 1,054 services in Life Insurance and General Insurance Cate
Slide 7: NBFC – Systemically Important (SI)
NBFC – Systemically Important (SI) Segment Revenue (INR Mn) 988 • In the year 2008, SMC started providing financing services through its wholly owned subsidiary, 878 821 Moneywise Financial Services Pvt. Ltd. (SMC Finance). 772 • SMC Finance offers a wide bouquet of loan products i.e. SME financing,
Slide 8: Key Strengths
Key Strengths • Over 25 Years of Management experience in industry • Well established and deeply penetrated national brand with strong reputation and good recall • Group has extensive corporate relationships • An ever-growing database of corporate and retail clients • Innovative use of digital techn
Slide 9: Q1-FY22 Financial Overview
Q1-FY22 Financial Overview 9
Slide 10: Key Financial Highlights
Q1-FY22 Key Financial Highlights Consolidated Financial Highlights Standalone Financial Highlights Revenue EBITDA EBITDA Revenue EBITDA EBITDA INR 2,307 MN INR 512 MN 22.19% INR 1,404 MN INR 345 MN 24.57% PAT PAT Diluted EPS PAT PAT Diluted EPS INR 262 MN 11.36% INR 2.32 INR 206 MN 14.67% INR 1.82 E
Slide 11: Key Operational Highlights
Q1-FY22 Key Operational Highlights Broking, Distribution and Trading • The company entered into new banking tie-up with Dhanlaxmi Bank as an execution partner for broking services • Strong growth in Revenues on a YoY basis, while marginal decline on a QoQ basis was due to a certain amount of seasona
Slide 12: Consolidated Income Statement
Q1-FY22 Consolidated Income Statement Particulars (INR Mn) Q1-FY22 Q1-FY21 Y-o-Y Q4-FY21 Q-o-Q Operational Income 2,307 1,848 24.8% 2,603 (11.4)% Total Expenses 1,795 1,417 26.7% 2,045 (12.2)% EBITDA 512 431 18.8% 558 (8.4)% EBITDA Margins (%) 22.19% 23.30% (115) bps 21.44% 71 bps Other Income 18 26
Slide 13: Standalone Income Statement
Q1-FY22 Standalone Income Statement Particulars (INR Mn) Q1-FY22 Q1-FY21 Y-o-Y Q4-FY21 Q-o-Q Operational Income 1,404 1,060 32.5% 1,491 (5.8)% Total Expenses 1,059 825 28.4% 1,050 0.9% EBITDA 345 235 46.8% 441 (21.8)% EBITDA Margins (%) 24.57% 22.17% 240 bps 29.58% (501) bps Other Income 37 44 (15.9
Slide 14: Consolidated Segmental Performance
Consolidated Segmental Performance BROKING, DISTRIBUTION & TRADING (INR MN) INSURANCE BROKING (INR MN) FINANCING (INR MN) R E 1,784 730 233 V 1,640 220 1,348 504 E 389 178 N U E Q1-FY21 Q4-FY21 Q1-FY22 Q1-FY21 Q4-FY21 Q1-FY22 Q1-FY21 Q4-FY21 Q1-FY22 Q1-FY21 Q4-FY21 Q1-FY22 124 448 30 E 397 335 72 B
Slide 15: Assets Under Management
Q1-FY22 Assets Under Management Broking DP AUM (INR Bn) Mutual Funds AUM (INR Bn) 318 30 29 30 28 248 25 167 179 154 FY18 FY19 FY20 FY21 Q1-FY22 FY18 FY19 FY20 FY21 Q1-FY22 Wealth AUM/AUA (INR Mn) NBFC AUM (INR Mn) 5,060 5,892 5,829 4,400 4,564 5,671 5,580 3,470 3,080 5,142 FY18 FY19 FY20 FY21 Q1-FY
Slide 16: Key Business Trends – Broking & Insurance
Q1-FY22 Key Business Trends – Broking & Insurance Broking Broking Clients (in Lakhs) Average Daily Turnover in Broking StoxKart Clients (Discount Broking) (INR Bn)* 1.22 1.26 58,896 1.05 0.98 1,008 0.71 0.92 44,900 0.85 0.79 0.71 0.68 642 536 320 372 8,397 3,900 4.32 4.71 5.11 5.69 5.83 FY18 FY19 FY
Slide 17: NBFC Business in numbers
Q1-FY22 NBFC Business in numbers Satisfied Customers Channel Partners Employees Number of Lenders ~26,000+ 240+ 144 10+ Branches Net Worth Loan AUM Cumulative Loans 7 INR 3,477 Mn INR 5,580 Mn Disbursed INR 10 Bn+ NNPA % ROTA % Revenue Total Borrowings/Leverage Ratio 3.2% 4.1% INR 230 Mn INR 2,173 M
Slide 18: Key Business Trends - NBFC
Q1-FY22 Key Business Trends - NBFC Lending Portfolio Disbursements (INR Mn) NII (INR Mn) & NIM (%) 3,260 8% 11.80% 2,850 2,730 2,770 800 11.60% 24% 11.50% 18% 11.10% 623 618 7% 530 607 4% 400 39% 10.30% 165 275 SME-Loan Against P rop erty (LAP) SME-Working Capital Term Loan (WCTL) - Con sumer Durabl
Slide 19: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY19 FY20 FY21 Q1-FY22 Operational Income 7,528 7,785 8,929 2,307 Total Expenses 5,944 6,599 7,060 1,795 EBITDA 1,584 1,186 1,869 512 EBITDA Margins (%) 21.04% 15.23% 20.93% 22.19% Other Income 67 56 86 18 Depreciation 113 192 180 46 Inte
Slide 20: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY20 FY21 Particulars (INR Mn) FY20 FY21 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories - 132 Share Capital 226 226 Current tax assets (net) 305 224 Other Equity 6,588 7,501 Deferred tax assets (net) 399 317 Non-contro
Slide 21: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY19 FY20 FY21 Q1-FY22 Operational Income 4,248 4,219 4,930 1,404 Total Expenses 3,627 3,588 3,759 1,059 EBITDA 621 631 1,171 345 EBITDA Margins (%) 14.62% 14.96% 23.75% 24.57% Other Income 185 310 215 37 Depreciation 91 139 118 33 Interest
Slide 22: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR Mn) FY20 FY21 Particulars (INR Mn) FY20 FY21 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories - 132 Share Capital 226 226 Current tax assets (net) 161 163 5,877 6,488 Other Equity Deferred tax assets (net) 184 80 6,103 6,714 T
Slide 23: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Revenue (INR Mn) EBITDA (INR MN) & EBITDA Margin (%) PAT (INR MN) & PAT MARGIN (%) 8,929 20.93% 21.04% 2,000 7,528 7,785 19.22% 11.21% 17.63% 9.94% 12.00% 6,439 1,600 15.23% 8.79% 1,584 1,869 8.03% 10.00% 5,216 1,200 1,001 1,238 8.00% 1,186 748 6.00% 800
Slide 24: Capital Market Highlights
Capital Market Highlights 15% 10% 5% 0% -5% -10% -15% -20% -25% -30% -35% February 21 March 21 April 21 May 21 June 21 SMC Sensex Price Data as on 30th June, 2021 Shareholding Pattern (as on 30th June 2021) Face Value 2.0 CMP 77.10 37.67% 52 Week H/L 109.85/65.00 Market Cap (INR Mn) 8,722.32 62.33%
Slide 25: 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
SMC Global Securities — Q1 FY2022 Earnings Presentation on 6ix