Smc Global Securities Ltd. (india) · NSE:SMCGLOBAL
Smc Global Securities Ltd. (india) — SMC Global Securities — Q2 FY2025 Earnings Presentation
33 slides from Smc Global Securities Ltd. (india)'s earnings presentation, Oct 26, 2024
Slide 1: Exchange filing cover letter for Earning Presentation Q2-FY25
Date: 26th October, 2024 Listing Operations Listing Department BSE Limited, National Stock Exchange of India P J Towers, Dalal Street, Limited,Exchange Plaza, C-1, Block Mumbai- 400001, India G, Bandra Kurla Complex, Bandra, (E) Mumbai – 400051 Scrip Code: 543263 Symbol: SMCGLOBAL Subject: Earning P
Slide 2: SMC Global Securities Ltd Earning Presentation – Q2'FY25
SMC Global Securities Ltd Earning Presentation – Q2’FY25
Slide 3: Q2 & H1 FY25 Performance Highlights
About Us Q2 & H1 FY25 Performance Highlights
Slide 4: Consolidated Performance Highlights
Consolidated Performance Highlights Q2 FY25 H1 FY25 (Y-o-Y) (Y-o-Y) Revenue +15.8% Revenue +28.2% INR 450.8 Crores INR 898.8 Crores EBITDA +25.8% EBITDA +41.1% INR 118.2 Crores INR 243.6 Crores PAT +14.3% PAT +41.2% INR 45.6 Crores INR 98.9 Crores • Revenue growth across all business segments, inclu
Slide 5: Q2-FY25 Consolidated Segmental Performance
Q2-FY25 Consolidated Segmental Performance (Rs. Crs) BROKING, DISTRIBUTION & TRADING INSURANCE BROKING FINANCING (NBFC) +21.9% +9.1% +8.6% 276.7 134.2 50.4 Revenue 227.1 123.0 46.4 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 +45.3% +7.6% +2.8% 4.1 31.5 77.7 EBIT 53.5 4.0 29.3 Q2FY24 Q2FY25 Q2FY24 Q2FY
Slide 6: H1-FY25 Consolidated Segmental Performance
H1-FY25 Consolidated Segmental Performance (Rs. Crs) BROKING, DISTRIBUTION & TRADING INSURANCE BROKING FINANCING (NBFC) +25.9% +30.3% +23.8% 560.2 110.6 261.7 Revenue 445.1 89.4 200.8 H1FY24 H1FY25 H1FY24 H1FY25 H1FY24 H1FY25 +57.0% +16.5% +30.6% 151.8 7.3 74.0 EBIT 56.7 96.7 6.3 H1FY24 H1FY25 H1FY2
Slide 7: Business Vertical - Broking, Distribution & Trading
Business Vertical - Broking, Distribution & Trading Key Highlights: Segment Revenue* (INR Crs) Broking DP AUA (INR Crs) 1,09,923 • Our expansive network includes 2,297 961.9 authorized persons, spanning 434 cities and 771.9 767.8 78,635 6,990 financial distributors across India. 560.2 52,700 • SMC h
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 2,084 348.2 276.0 261.7 Key Highlights: 1,315 • SMC Insurance operates through 7 branches nationwide. FY22 FY23 FY24 H1FY25 FY22 FY23 FY24 H1FY25 • The company has a workforce of 589
Slide 9: Business Vertical - Financing (NBFC) - Middle Layer
Business Vertical - Financing (NBFC) - Middle Layer Segment Revenue (INR Crs) 205.7 131.9 110.6 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: Financial Performance
About Us Financial Performance
Slide 11: Consolidated Income Statement
Consolidated Income Statement Particulars (INR Crs) Q2-FY25 Q2-FY24 Y-o-Y Q1-FY25 Q-o-Q H1-FY25 H1-FY24 Y-o-Y Operational Income 450.8 389.5 15.8% 448.0 0.6% 898.8 700.9 28.2% Total Expenses 332.6 295.5 322.6 655.2 528.3 EBITDA 118.2 94.0 25.8% 125.4 (5.7%) 243.6 172.6 41.1% EBITDA Margins (%) 26.2%
Slide 12: Standalone Income Statement
Standalone Income Statement Particulars (INR Crs) Q2-FY25 Q2-FY24 Y-o-Y Q1-FY25 Q-o-Q H1-FY25 H1-FY24 Y-o-Y Operational Income 255.0 206.5 23.5% 247.5 3.0% 502.4 387.2 29.8% Total Expenses 171.0 145.5 166.9 337.9 277.0 EBITDA 84.0 61.0 37.7% 80.6 4.2% 164.6 110.2 49.3% EBITDA Margins (%) 32.9% 29.5%
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Crs) Sept-24 Mar-24 Particulars (INR Crs) Sept-24 Mar-24 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories 3.9 6.5 16.6 16.5 Share Capital 20.9 20.9 Current tax assets (net) Deferred tax assets (net) 31.9 32.2 Other Equity 1,160.8 1,074
Slide 14: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Crs) Sept-24 Mar-24 Particulars (INR Crs ) Sept-24 Mar-24 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Current tax assets (net) 0.1 2.0 Share Capital 20.9 20.9 Deferred tax assets (net) 11.8 11.8 Other Equity 931.4 862.9 Property, plant and equi
Slide 15: H1-FY25 Assets Under Management
H1-FY25 Assets Under Management Broking DP AUA (INR Crs) Mutual Funds AUM (INR Crs) 1,09,923 4,618 3,801 78,635 3,080 2,992 49,564 52,700 FY22 FY23 FY24 H1FY25 FY22 FY23 FY24 H1FY25 Wealth AUM/AUA (INR Crs) NBFC AUM (INR Crs) 1,010 1,237 1,278 908 900 610 540 690 FY22 FY23 FY24 H1FY25 FY22 FY23 FY24
Slide 16: 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) 1,117 1,057 254 2,91,063 2,82,580 240 930 779 194 2,19,443 1,41,034 106 FY22 FY23 FY24 H1FY25 FY22 FY23 FY24 H1FY25 FY22 FY23 FY24 H1FY25 *inclu
Slide 17: H1-FY25 Financing (NBFC) Business in numbers
H1-FY25 Financing (NBFC) Business in numbers AUM* Total Income Net Worth INR 1,278 Crs INR 110.6 Crs INR 460 Crs NNPA % ROTA % OPEX to AUM 1.00% 3.91% 4.51% Cumulative Loans Total Borrowings/ Cost of Borrowing % Disbursed Leverage Ratio / Spread INR 3,400 Crs+ INR 729.8 Crs / 1.59x 10.02% / 3.83% Cr
Slide 18: H1-FY25 Key Business Trends - NBFC
H1-FY25 Key Business Trends - NBFC H1-FY25 Lending Portfolio Disbursements (INR Crs) NII (INR Crs) & NIM (%) 3.2% 88.2 0.3% 906.6 78.4 8.2% 774.0 30.9% 63.6 16.7% 514.8 10.0% 9.9% 44.2 2.0% 417.4 8.2% 7.0% 38.7% SME-Loan Against Property (LAP) SME-Working Capital Term Loan (WCTL) Capial Market Fundi
Slide 19: About Us: SMC Global Securities
About Us SMC Global Securities
Slide 20: SMC at a Glance
SMC at a Glance Consolidated 5 Year PAT CAGR 5 Year Revenue CAGR Net worth 20.28% 16.83% INR 1,182 Crs Branches Across India NBFC AUM Debt/Equity INR 1,278 Crs 1.29x 198 Including 1 in Dubai Cities Covered Employees Authorised Persons 434 4,306 2,297 Network of Financial Client Demat A/Cs Clearing &
Slide 21: 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 22: 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 23: 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 24: 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 25: 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 2,297 Authorized p
Slide 26: Historical Financial Performance
About Us Historical Financial Performance
Slide 27: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Crs) FY22 FY23 FY24 H1-FY25 Operational Income 1,116.9 1,211.6 1,638.5 898.8 Total Expenses 821.8 941.7 1,213.6 655.2 EBITDA 295.1 269.9 424.9 243.6 EBITDA Margins (%) 26.4% 22.3% 25.9% 27.1% Other Income 3.9 4.1 6.5 4.2 Depreciation 20.1 22.
Slide 28: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Crs) FY22 FY23 FY24 H1-FY25 Operational Income 669.9 679.2 853.1 502.4 Total Expenses 450.3 497.0 584.6 337.9 EBITDA 219.6 182.1 268.5 164.6 EBITDA Margins (%) 32.8% 26.8% 31.5% 32.8% Other Income 14.2 13.7 30.7 16.9 Depreciation 14.4 17.0 24.1
Slide 29: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Crs) Sept-24 Mar-24 Mar-23 Particulars (INR Crs) Sept-24 Mar-24 Mar-23 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories 3.9 6.5 5.2 Current tax assets (net) 16.6 16.5 29.0 Share Capital 20.9 20.9 20.9 Deferred tax assets (net) 31.9 32.
Slide 30: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Crs) Sept-24 Mar-24 Mar-23 Particulars (INR Crs ) Sept-24 Mar-24 Mar-23 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories - - 0.2 Share Capital 20.9 20.9 20.9 Current tax assets (net) 0.1 2.0 10.6 Other Equity 931.4 862.9 747.1 Deferred t
Slide 31: 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 1,211.6 295.1 1,116.9 269.9 120.4 243.6 98.9 898.8 26.4% 27.1% 15.6% 25.9% 22.3% 11.5% 11.0% 15.6% 9.9% 11.9% 11.7% 9.9% FY22 FY23 FY24 H1FY25
Slide 32: 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 33: 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 32
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