Smc Global Securities Ltd. (india) · NSE:SMCGLOBAL
Smc Global Securities Ltd. (india) — SMC Global Securities — Q3 FY25 Earnings Presentation
32 slides from Smc Global Securities Ltd. (india)'s earnings presentation, Jan 30, 2025
Slide 1: Exchange intimation letter for Earning Presentation Q3-FY25
Date: 29th January, 2025 To, Listing Operations Listing Department BSE Limited, P J Towers, Dalal Street, Mumbai National Stock Exchange of India Limited Exchange -400001, India Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400051 Scrip Code: 543263 Debentures Scrip Code: 939639, 93
Slide 2: SMC Global Securities Ltd Earning Presentation Q3'FY25
SMC Global Securities Ltd Earning Presentation – Q3’FY25
Slide 3: Q3 & 9M FY25 Performance Highlights
About Us Q3 & 9M FY25 Performance Highlights
Slide 4: Consolidated Performance Highlights
Consolidated Performance Highlights Q3 FY25 9M FY25 (Y-o-Y) (Y-o-Y) Revenue +6.5% Revenue +20.0% INR 455.5 Crores INR 1,354.3 Crores EBITDA -1.3% EBITDA +24.3% INR 111.8 Crores INR 355.4 Crores PAT -15.6% PAT +17.0% INR 43.9 Crores INR 142.7 Crores • Quarterly revenue was impacted by regulatory chan
Slide 5: Q3-FY25 Consolidated Segmental Performance
Q3-FY25 Consolidated Segmental Performance (INR Crs) BROKING, DISTRIBUTION & TRADING INSURANCE BROKING FINANCING (NBFC) +33.8% +2.3% -1.1% 71.2 Revenue 244.4 149.8 148.2 238.8 53.2 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 -20.4% -43.2% +45.0% 69.1 4.4 49.3 55.0 EBIT 2.5 34.0 Q3FY24 Q3FY25 Q3FY24 Q3
Slide 6: 9M-FY25 Consolidated Segmental Performance
9M-FY25 Consolidated Segmental Performance (INR Crs) BROKING, DISTRIBUTION & TRADING INSURANCE BROKING FINANCING (NBFC) +17.6% +16.9% +27.6% 804.6 409.9 181.8 Revenue 142.5 684.0 350.6 9MFY24 9MFY25 9MFY24 9MFY25 9MFY24 9MFY25 -16.1% +31.9% +27.4% 209.9 11.2 120.6 EBIT 164.7 91.4 9.4 9MFY24 9MFY25 9
Slide 7: Business Vertical - Broking, Distribution & Trading
Business Vertical - Broking, Distribution & Trading Key Highlights: Segment Revenue* (INR Crs) Broking DP AUA (INR Crs) 1,42,816 • Our expansive network includes 2,270 961.9 authorized persons, spanning 437 cities and 771.9 767.8 804.6 6,850 financial distributors across India. 78,635 • SMC has a st
Slide 8: Business Vertical - Insurance Broking
Business Vertical - Insurance Broking Insurance Gross Premium (INR Crs) Segment Revenue* (INR Crs.) 528.3 2,884 2,717 409.9 2,084 348.2 2,078 276.0 Key Highlights: • SMC Insurance operates through 7 branches nationwide. FY22 FY23 FY24 9MFY25 FY22 FY23 FY24 9MFY25 • The company has a workforce of 530
Slide 9: Business Vertical - Financing (NBFC) - Middle Layer
Business Vertical - Financing (NBFC) - Middle Layer Segment Revenue (INR Crs) 205.7 181.8 131.9 98.5 Key Highlights: • 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 wid
Slide 10: Quarterly Financial Performance
About Us Quarterly Financial Performance
Slide 11: Consolidated Income Statement
Consolidated Income Statement Particulars (INR Crs) Q3-FY25 Q3-FY24 Y-o-Y Q2-FY25 Q-o-Q 9M-FY25 9M-FY24 Y-o-Y Operational Income 455.5 427.9 6.5% 450.8 1.0% 1,354.3 1,128.8 20.0% Total Expenses 343.7 314.6 332.6 998.9 842.9 EBITDA 111.8 113.3 (1.3%) 118.2 (5.4%) 355.4 285.9 24.3% EBITDA Margins (%)
Slide 12: Standalone Income Statement
Standalone Income Statement Particulars (INR Crs) Q3-FY25 Q3-FY24 Y-o-Y Q2-FY25 Q-o-Q 9M-FY25 9M-FY24 Y-o-Y Operational Income 222.8 215.6 3.3% 255.0 (12.6%) 725.3 602.8 20.3% Total Expenses 166.1 144.8 171.0 503.9 421.8 EBITDA 56.7 70.8 (19.9%) 84.0 (32.5%) 221.4 181.0 22.3% EBITDA Margins (%) 25.4
Slide 13: 9M-FY25 Assets Under Management
9M-FY25 Assets Under Management Broking DP AUA (INR Crs) Mutual Funds AUM (INR Crs) 1,42,816 4,347 3,801 3,080 2,992 78,635 49,564 52,700 FY22 FY23 FY24 9MFY25 FY22 FY23 FY24 9MFY25 Wealth AUM/AUA (INR Crs) NBFC AUM (INR Crs) 1,030 1,237 1,286 908 900 610 540 690 FY22 FY23 FY24 9MFY25 FY22 FY23 FY24
Slide 14: 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) 259 1,148 2,91,063 2,82,580 240 1,057 930 194 779 1,98,645 1,41,034 106 FY22 FY23 FY24 9MFY25 FY22 FY23 FY24 9MFY25 FY22 FY23 FY24 9MFY25 *inclu
Slide 15: 9M-FY25 Financing (NBFC) Business in numbers
9M-FY25 Financing (NBFC) Business in numbers AUM* Total Income Net Worth INR 1,285.8 Crs INR 181.8 Crs INR 482.8 Crs NNPA % ROTA % OPEX to AUM 1.16% 4.89% 4.72% Cumulative Loans Total Borrowings/ Cost of Borrowing Disbursed Leverage Ratio / Spread INR 36 Bn+ INR 773.0 Crs / 1.60x 10.14% / 3.69% Cred
Slide 16: Key Business Trends – Financing (NBFC)
Key Business Trends – Financing (NBFC) 9M-FY25 Lending Portfolio Disbursements (INR Crs) NII (INR Crs) & NIM (%) 3.5% 88.2 0.3% 906.6 78.4 9.1% 0.2% 28.4% 774.0 63.6 67.2 17.0% 514.8 10.0% 9.9% 3.0% 437.0 8.2% 7.1% 38.5% SME-Loan Against Property (LAP) SME-Working Capital Term Loan (WCTL) Capial Mar
Slide 17: SMC Global Securities
About Us SMC Global Securities
Slide 18: SMC at a Glance
SMC at a Glance Consolidated 5 Year PAT CAGR 5 Year Revenue CAGR Net worth 20.28% 16.83% INR 1,227.1 Crs Branches Across India NBFC AUM Debt/Equity INR 1,285.8 Crs 1.41x 205 Including 1 in Dubai Cities Covered Employees Authorised Persons 437 4,177 2,270 Network of Financial Client Demat A/Cs Cleari
Slide 19: 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 20: 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 21: 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 22: Expert Leadership
Expert Leadership Experienced Management Team with Focused Business Heads Mr. Subhash C. Aggarwal Chairman & Managing Director, SMC Group Dr. D. K. Aggarwal Mr. Himanshu Gupta Mr. Pranay Agarwal Mr. Ajay Garg Ms. Shruti Aggarwal CMD-SMC Investments and Director & CEO- Director & CEO - Director & CEO
Slide 23: Experienced Management Team with Focused Business Heads
Experienced Management Team with Focused Business Heads Ms. Aditi Aggarwal Ms. Reema Garg Mr. Pravin K. Agarwal Mr. Vinod Kumar Jamar Director - Moneywise Finvest Group Chief Human Resource Whole-Time Director- SMC President & Group Chief Financial Limited Officer Director – Moneywise Insurance Brok
Slide 24: 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 2,270 Authorized p
Slide 25: Historical Financial Performance
About Us Historical Financial Performance
Slide 26: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Crs) FY22 FY23 FY24 9M-FY25 Operational Income 1,116.9 1,211.6 1,638.5 1,354.3 Total Expenses 821.8 941.7 1,213.6 998.9 EBITDA 295.1 269.9 424.9 355.4 EBITDA Margins (%) 26.4% 22.3% 25.9% 26.2% Other Income 3.9 4.1 6.5 6.6 Depreciation 20.1 2
Slide 27: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Crs) FY22 FY23 FY24 9M-FY25 Operational Income 669.9 679.2 853.1 725.3 Total Expenses 450.3 497.0 584.6 503.9 EBITDA 219.6 182.1 268.5 221.4 EBITDA Margins (%) 32.8% 26.8% 31.5% 30.5% Other Income 14.2 13.7 30.7 18.5 Depreciation 14.4 17.0 24.1
Slide 28: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Crs) Mar-23 Mar-24 Sept-24 Particulars (INR Crs) Mar-23 Mar-24 Sept-24 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories 5.2 6.5 3.9 Share Capital 20.9 20.9 20.9 Current tax assets (net) 29.0 16.5 16.6 Deferred tax assets (net) 30.4 32.
Slide 29: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Crs) Mar-23 Mar-24 Sept-24 Particulars (INR Crs ) Mar-23 Mar-24 Sept-24 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories 0.2 - - Share Capital 20.9 20.9 20.9 Current tax assets (net) 10.6 2.0 0.1 Other Equity 747.1 862.9 931.4 Deferred t
Slide 30: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Revenue (INR Crs) EBITDA (INR Crs) & EBITDA Margin (%) PAT (INR Crs) & PAT MARGIN (%) 424.9 188.3 1,638.5 174.6 1,354.3 355.4 142.7 1,211.6 295.1 1,116.9 269.9 120.4 26.4% 15.6% 25.9% 26.2% 11.5% 10.5% 22.3% 15.6% 9.9% 11.9% 11.7% 9.9% FY22 FY23 FY24 9MF
Slide 31: Disclaimer
Disclaimer SMC Global Securities Limited 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
Slide 32: Thank You
About Us Thank You Company Details: Investor Relations Partner: SMC Global Securities Ltd. X-B4 Advisory LLP Vinod Kumar Jamar Rasika Sawant: +91 95944 57518 Chief Financial Officer rasika@x-b4.com vinodjamar@smcindiaonline.com Gautam Kothari: +91 79776 16640 www.smcindiaonline.com gautam@x-b4.com w
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