Smc Global Securities Ltd. (india) · NSE:SMCGLOBAL
Smc Global Securities Ltd. (india) — SMC Global Securities — Q4 FY2022 Earnings Presentation
28 slides from Smc Global Securities Ltd. (india)'s earnings presentation, May 10, 2022
Slide 1: SMC Global Securities Limited - Investor Presentation Filing Letter
tysmc SMC GLOBAL SECURITIES LIMITED Member: NSE + BSE » MSE * NCDEX + ICEX « MCX Clearing & Trading Member : Cash, F&O, Currency, Debt & Commodity M on eywi » se. Be wise. . SEBIRegn. egn. No. No ; INZ 000790428 10499438 «« Research Analyst No. ed: INH100001 10004249 249 »+ Investment Inves ji Advis
Slide 2: Earnings Presentation Q4-FY22 / FY22
Earnings Presentation Q4-FY22/ FY22
Slide 3: SMC at a Glance
SMC at a Glance Branches Across India Cities Covered Unique Clients Employees Sub-brokers / Network of Financial 100+ 450+ 2,000,000+ 3,300+ Authorised Persons Distributors Including 1 in Dubai 2,510+ 13,670+ Clearing & Settlement Cumulative AUM/AUA Running SIPs Insurance Policies sold Insurance Cli
Slide 4: 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 11,063 company offering brokerage services, inv
Slide 5: Business Structure
Business Structure SMC Global Securities Ltd. Insurance Broking Broking, Distribution & Trading Financing Equity, Commodity, Currency & Institutional Broking Discount Broking SME – Loan Against SME – Working Capital Property (LAP) Term Loan (WCTL) Life Insurance Clearing Services Financial Products
Slide 6: Broking, Distribution & Trading
Broking, Distribution & Trading • Broking business comprises of brokerage in dealing in equities, commodities, currency derivatives and Segment Revenue* (INR Mn) other securities on behalf of customers, clearing services across all major stock exchanges and depository services. 7,719 • Distribution
Slide 7: Insurance Broking
Insurance Broking Segment Revenue* (INR Mn.) 2,760 2,452 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 Insuranc
Slide 8: NBFC – Systemically Important (SI)
NBFC – Systemically Important (SI) Segment Revenue (INR Mn) • In the year 2008, SMC started providing financing services through its wholly owned subsidiary, 988 985 Moneywise Financial Services Pvt. Ltd. (SMC Finance). 878 827 772 • SMC Finance offers a wide bouquet of loan products i.e. SME financ
Slide 9: 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 10: Q4-FY22 / FY22 Financial Overview
Q4-FY22/ FY22 Financial Overview 9
Slide 11: Q4-FY22/FY22 Key Financial Highlights
Q4-FY22/FY22 Key Financial Highlights Q4-FY22 Consolidated Financial Highlights FY22 Consolidated Financial Highlights Revenue EBITDA EBITDA Margin Revenue EBITDA EBITDA Margin INR 2,861 Mn INR 689 Mn 24.08% INR 11,063 Mn INR 2,845 Mn 25.72% PAT PAT Margin Diluted EPS PAT PAT Margin Diluted EPS INR
Slide 12: Q4-FY22/FY22 Key Operational Highlights
Q4-FY22/FY22 Key Operational Highlights General: • Income from operations increased by 22.80 % in FY22. • PAT CAGR of last 5 Years at 31.15%. • PAT margin increased to 15.08% from 11.70% Y-o-Y, as fixed costs did not increase in proportion to increase in revenue. • EPS increased to INR 15.43 from IN
Slide 13: Consolidated Quarterly Financial Performance
Consolidated Quarterly Financial Performance Particulars (INR Mn) Q4-FY22 Q4-FY21 Y-o-Y Q3-FY22 Q-o-Q Operational Income 2,861 2,618 9.3% 2,814 1.7% Total Expenses 2,172 2,045 6.2% 2,214 (1.9)% EBITDA 689 573 20.2% 600 14.8% EBITDA Margins (%) 24.08% 21.89% 219 Bps 21.32% 276 Bps Other Income 42 25
Slide 14: Consolidated Annual Financial Performance
Consolidated Annual Financial Performance Particulars (INR Mn) FY22 FY21 Y-o-Y Operational Income 11,063 9,013 22.7% Total Expenses 8,218 7,060 16.4% EBITDA 2,845 1,953 45.7% EBITDA Margins (%) 25.72% 21.67% 405 Bps Other Income 145 69 NA Depreciation 201 180 11.7% Interest 575 424 35.6% Profit (Los
Slide 15: Standalone Quarterly Financial Performance
Standalone Quarterly Financial Performance Particulars (INR Mn) Q4-FY22 Q4-FY21 Y-o-Y Q3-FY22 Q-o-Q Operational Income 1,684 1,507 11.7% 1,579 6.6% Total Expenses 1,180 1,052 12.2% 1,102 7.1% EBITDA 504 455 10.8% 477 5.7% EBITDA Margins (%) 29.93% 30.19% (26) Bps 30.21% (28) Bps Other Income 17 85 (
Slide 16: Standalone Annual Financial Performance
Standalone Annual Financial Performance Particulars (INR Mn) FY22 FY21 Y-o-Y Operational Income 6,699 5,013 33.6% Total Expenses 4,503 3,760 19.8% EBITDA 2,196 1,253 75.3% EBITDA Margins (%) 32.78% 25.00% 778 Bps Other Income 142 197 (27.9)% Depreciation 144 118 22.0% Interest 372 280 32.9% Profit (
Slide 17: Consolidated Segmental Performance
Consolidated Segmental Performance BROKING, DISTRIBUTION & TRADING (INR MN) INSURANCE BROKING (INR MN) FINANCING (INR MN) 289 R 739 826 782 1891 E 1,788 1,836 V 234 233 E N U E Q4-FY21 Q3-FY22 Q4-FY22 Q4-FY21 Q3-FY22 Q4-FY22 Q4-FY21 Q3-FY22 Q4-FY22 37 174 36 118 451 466 432 22 74 E B I T Q4-FY21 Q3-
Slide 18: Assets Under Management
Assets Under Management Broking DP AUA (INR Bn) Mutual Funds AUM (INR Bn) 33 495 30 28 29 25 248 167 179 154 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Wealth AUM/AUA (INR Mn) NBFC AUM (INR Mn) 5,060 5,400 6,860 4,400 5,671 5,892 5,829 3,470 5,142 3,080 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20
Slide 19: Key Business Trends – Broking & Insurance
Key Business Trends – Broking & Insurance Broking Broking Clients (in Thousands)* Average Daily Turnover in Broking StoxKart Clients 673 (INR Bn) 602 1,442 105,843 544 504 466 642 44,934 536 320 372 8,397 59 FY18 FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 *Represents SMC Global
Slide 20: NBFC Business in numbers
NBFC Business in numbers Channel Partners Branches Employees Number of Lenders 290+ 8 218 14 Collection Efficiency Net Worth Loan AUM Cumulative Loans INR 3,640 Mn INR 6,860 Mn Disbursed 99% INR 14 Bn+ NNPA % ROTA % Revenue Total Borrowings/Leverage Ratio 1.99% 2.90% INR 985 Mn INR 3,547 Mn / 0.9x S
Slide 21: Key Business Trends - NBFC
Key Business Trends - NBFC Lending Portfolio Disbursements (INR Mn) NII (INR Mn) & NIM (%) 4,310 800 12% 19% 11.80% 11.50% 8% 11.10% 3,260 10.30% 9.40% 2,850 2,730 2,810 623 607 618 621 23% 31% 3% 530 5% SME-Loan Against Property (LAP) SME-Working Capital Term Loan (WCTL) Consumer Durable Loans Capi
Slide 22: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY19 FY20 FY21 FY22 Operational Income 7,528 7,785 9,013 11,063 Total Expenses 5,944 6,599 7,060 8,218 EBITDA 1,584 1,186 1,953 2,845 EBITDA Margins (%) 21.04% 15.23% 21.67% 25.72% Other Income 67 56 69 145 Depreciation 113 192 180 201 In
Slide 23: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY20 FY21 FY22 Particulars (INR Mn) FY20 FY21 FY22 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories - 132 345 Share Capital 226 226 226 Current tax assets (net) 305 224 365 Other Equity 6,588 7,501 9,035 Deferred tax ass
Slide 24: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY19 FY20 FY21 FY22 Operational Income 4,248 4,219 5,013 6,699 Total Expenses 3,627 3,588 3,760 4,503 EBITDA 621 631 1,253 2,196 EBITDA Margins (%) 14.62% 14.96% 25.00% 32.78% Other Income 185 310 197 142 Depreciation 91 139 118 144 Interes
Slide 25: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR Mn) FY20 FY21 FY22 Particulars (INR Mn) FY20 FY21 FY22 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories - 132 237 Share Capital 226 226 226 Current tax assets (net) 161 163 213 Other Equity 5,877 6,489 7,706 Deferred tax asset
Slide 26: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Revenue (INR Mn) EBITDA (INR MN) & EBITDA Margin (%) PAT (INR MN) & PAT MARGIN (%) 11,063 3,200 15.78% 18.00% 25.72% 16.00% 9,013 2,800 21.04% 21.67% 11.65% 1,746 14.00% 7,528 7,785 2,400 19.22% 2,845 12.00% 6,439 2,000 15.23% 9.94% 1,953 8.03% 10.00% 1,
Slide 27: Capital Market Highlights
Capital Market Highlights Share Price Data (Upto 31st March, 2022) 35% 30% 25% 20% 15% 10% 5% 0% -5% -10% -15% -20% Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Sensex SMC Price Data (As on 31st March, 2022) Shareholding Pattern (As on 31st March 2022) Face Val
Slide 28: 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
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