Smc Global Securities Ltd. (india) · NSE:SMCGLOBAL
Smc Global Securities Ltd. (india) — SMC Global Securities — Q4 FY24 Earnings Presentation
44 slides from Smc Global Securities Ltd. (india)'s earnings presentation, May 13, 2024
Slide 1: Investor Presentation Q4 FY24 intimation letter
SMC GLOBAL SECURITIES LIMITED $smc Member: NSE « BSE + MSE + NCDEX + MCX Clearing & Trading Member : Cash, F&0, Currency, Debt & Commodity SEBI Regn. No. : INZ 000199438 » Research Analyst No. : INH100001849 Moneywise. Be wise. Regd. Office : 11/68, Shanti Chamber, Pusa Road, New Delhi-110005 Ph +91
Slide 2: SMC Global Securities Ltd Investor Presentation – Q4'FY24
SMC Global Securities Ltd Investor Presentation – Q4’FY24
Slide 3: About Us: Q4 & FY24 Highlights
About Us Q4 & FY24 Highlights
Slide 4: Q4FY24 Consolidated Performance
Q4FY24 Consolidated Performance Consolidated Revenue (INR Crs) & EBITDA (%) Highest Quarter Ever +67.8% All time high quarter revenue in all the business segments. All time high PBT in Broking, Distribution & 509.7 +19.1% Trading and Financing segment 427.9 303.7 26.5% 27.2% Revenue Performance 20.6
Slide 5: FY24 Consolidated Performance
FY24 Consolidated Performance Consolidated Revenue (INR Crs) & EBITDA (%) Revenue Growth of 35% in FY24 +35.2% Strong Revenue Growth in All Business Segment 1,638.5 1,211.6 1,116.9 901.3 26.4% 25.9% 22.3% EBITDA Margins Improved by 360 Bps 21.7% EBITDA margins improved by 360 basis points Y-o-Y due
Slide 6: About SMC Group
About Us About SMC Group
Slide 7: SMC at a Glance
SMC at a Glance Consolidated 5 Year PAT CAGR 5 Year Revenue CAGR Net worth 20.28% 16.83% INR 1,095.7 Crs Branches Across India NBFC AUM Debt/Equity INR 1,236.7 Crs 1.30x 188 Including 1 in Dubai Cities Covered Employees Authorised Persons 437 4,264 2,327 Network of Financial Client Demat A/Cs Cleari
Slide 8: 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 9: 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 10: 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 11: 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 12: Experienced Management Team with Focused Business Heads
Experienced Management Team with Focused Business Heads Ms. Akanksha Gupta Ms. Reema Garg Mr. Ayush Agarwal Whole Time Director - SMC Group Chief Human Resource Officer CIO - SMC Private wealth Insurance Brokers Pvt. Ltd., Director – Moneywise Finvest Ltd. Director - SMC Real Estate Director- SMC Gl
Slide 13: Our Independent Board of Directors: Industry Veterans
Our Independent Board of Directors: Industry Veterans Mr. Narender Kumar Mr. Naveen ND Gupta He is a retired IAS and Ex- Labour Commissioner. He has more He is the former president of the Institute of Chartered than 34 years experience. He served as Financial Commissioner Accountants of India and Di
Slide 14: Established PAN India Presence
Established PAN India Presence 188 Jammu Srinagar Kangra Branches in India (Including Dubai) Amritsar Ludhiana Jalandhar Chandigarh Patiala Bhatinda Yamuna Nagar Karnal Dehradun Sirsa Hisar Noida Sri Ganganagar Rohtak Greater Noida 437 Delhi Gurugram New Delhi Moradabad Faridabad Bareilly Jorhat Gan
Slide 15: Awards & Accolades
Awards & Accolades 2023 2022 2021 2024 2023 2022 2022 KRISHI Award for Member Partner – Significant MCX Awards MCX Awards MCX Awards Contribution To developing Leading Member - New Initiatives & Leading Member- Leading Member- The Commodities Retail Segment Proprietary Trading Market Outreach Bullio
Slide 16: 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 2,327 Authorized p
Slide 17: Broking, Distribution & Trading
About Us Broking, Distribution & Trading
Slide 18: Broking, Distribution & Trading
Broking, Distribution & Trading Key Highlights: Segment Revenue* (INR Crs) Broking DP AUA (INR Crs) 78,635 962 • Our expansive network includes 2,327 authorized 772 768 persons, spanning 437 cities and 7,040 financial 49,564 52,700 608 distributors across India. 24,836 • Revenue increased in Q4 by 5
Slide 19: Discount Broking – StoxKart
Discount Broking – StoxKart Key Features: - Big Saving in Brokerage- INR 15 flat on profitable intraday trade. - Free Delivery Trades- Zero brokerage on delivery trades. - Pay only when you earn in intraday segment - Option chain with OI (Open Interest) analysis - In-Built advisory by top research a
Slide 20: Pioneering in Gift City Broking Operations
Pioneering in Gift City Broking Operations • SMC Global IFSC Pvt Limited is a financial services company based in the International Financial Services Centre (IFSC) in Gujarat, India. Established to cater to the growing demand for financial products and services in the international market. • SMC Gl
Slide 21: Digital Ecosystem for Broking
Digital Ecosystem for Broking ACE API Market Mojo It is a powerful REST API, which • SMC has entered into an agreement • Next generation advance mobile trading uses HTTP resquests to fetch with Markets Mojo, which is in the business of Website Traffic (In Mn) platform ‘ SMC ACE’ live/historical data
Slide 22: Tech Horizon: Innovations, Cybersecurity, Infrastructure, and Future Prospects
Tech Horizon: Innovations, Cybersecurity, Infrastructure, and Future Prospects Innovation Cybersecurity Initiatives • Launch of new Broadcasting System with a net • Employing advanced security protocols to latency of 40 ms prioritize system integrity and proactively • Launch of new Payments platform
Slide 23: Distribution
Distribution Mutual Funds AUM (INR Crs) • SMC offers distribution services of financial products including IPO’s, Mutual Funds, Company 3,801 Fixed Deposits, Bonds, through its network of branches and channel partners across India. 3,040 3,080 2,992 • Pan-India network of 7,040 independent financial
Slide 24: Advisory & Proprietary Trading
Advisory & Proprietary Trading Wealth Management: Investment Banking: Real Estate: • Total Clients served under wealth • Supported by 1,200+ Real Estate sub- • Category I Merchant Banker Advisory management are 11,263 with AUM/ brokers AUA of INR 908 Crs • SMC Capitals provides buy side and sell sid
Slide 25: Financing (NBFC) Business
About Us Financing (NBFC) Business
Slide 26: FY24 Financing (NBFC) Business in numbers
FY24 Financing (NBFC) Business in numbers AUM* Total Income Net Worth INR 1,236.7 Crs INR 205.7 Crs INR 443 Crs NNPA % ROTA % OPEX to AUM 1.05% 5.48% 4.78% Cumulative Loans Total Borrowings/ Cost of Borrowing % Disbursed Leverage Ratio / Spread INR 3,100 Crs+ INR 817.1 Crs / 1.84x 9.95% / 5.15% Cred
Slide 27: Financing (NBFC) - Middle Layer
Financing (NBFC) - Middle Layer Segment Revenue (INR Crs) 205.7 131.9 • In the year 2008, SMC started providing financing services through its wholly owned subsidiary, Moneywise Financial 98.5 Services Pvt. Ltd. (SMC Finance). 82.7 • The company is dealing in wide spectrum of financial products like
Slide 28: Borrowing Mix Diversification
Borrowing Mix Diversification • Increasing diversity in borrowing profile with borrowing from bank & financial institutions. • Continued plan to raise additional funds through diversified sources and through various instruments. • Cumulative Asset/ Liability mismatch, surplus of INR 703.42 Mn in 30
Slide 29: FY24 Key Business Trends - NBFC
FY24 Key Business Trends - NBFC AUM (In Crs) Disbursements (INR Crs) NII (INR Crs) & NIM (%) SME WCTL Onward Lending 1,236.7 133.9 SME LAP SME Assets 999.0 3 25 0 25 CMF Consumable Durables 87 Gold Loan Supply Chain Financing 858.3 900.4 93.9 0 12 1 18 376 13.1% 690.4 61 75.0 61.8 579.2 0 32 21 204
Slide 30: Insurance Broking
About Us Insurance Broking
Slide 31: Insurance Broking
Insurance Broking Insurance Gross Premium (INR Crs) Segment Revenue* (INR Crs.) 528 2,884 2,717 348 2,084 1,736 276 General Insurance (GI) 245 • The General Insurance business segment has following sub verticals under which policies are sold: • MISP: Motor Insurance Service Provider FY24 FY21 FY22 F
Slide 32: Insurance Broking – Scalable Business Model
Insurance Broking – Scalable Business Model Point Of Sales (POS) • Deep and wide national coverage • Strong presence in Tier-1 and Tier-2 cities 15,308 Distribution • Leveraging SMC groups customers network 13,672 12,000 11,100 • www.smcinsurance.com online portal has developed for catering to B2B a
Slide 33: Financial Overview
About Us Financial Overview
Slide 34: Consolidated Income Statement
Consolidated Income Statement Particulars (INR Crs) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q FY24 FY23 Y-o-Y Operational Income 509.7 303.7 67.8% 427.9 19.1% 1,638.5 1,211.6 35.2% Total Expenses 370.9 241.1 314.7 1,213.9 941.7 EBITDA 138.8 62.6 121.6% 113.2 22.6% 424.6 269.9 57.3% EBITDA Margins (%) 27.2
Slide 35: Standalone Income Statement
Standalone Income Statement Particulars (INR Crs) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q FY24 FY23 Y-o-Y Operational Income 250.4 161.7 54.9% 215.6 16.1% 853.1 679.2 25.6% Total Expenses 163.1 122.5 144.9 585.0 497.0 EBITDA 87.3 39.2 122.7% 70.7 23.5% 268.2 182.1 47.3% EBITDA Margins (%) 34.9% 24.2% 32
Slide 36: Consolidated Financial Statement
Consolidated Financial Statement Particulars (INR Crs) Mar-24 Mar-23 Particulars (INR Crs) Mar-24 Mar-23 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories 6.5 5.2 Share Capital 20.9 20.9 Current tax assets (net) 16.5 29.0 32.2 30.4 Other Equity 1,074.8 911.8 Deferred tax assets (
Slide 37: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Crs) Mar-24 Mar-23 Particulars (INR Crs ) Mar-24 Mar-23 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories - 0.2 Share Capital 20.9 20.9 Current tax assets (net) 2.0 10.6 Other Equity 862.9 747.1 Deferred tax assets (net) 11.8 10.4 Total E
Slide 38: Consolidated Segmental Performance
Consolidated Segmental Performance Revenue BROKING, DISTRIBUTION & TRADING FINANCING INSURANCE BROKING (Rs. Crs) +52.4% +86.4% +86.5% 277.8 +16.4% 177.7 +18.6% 238.8 +18.8% Q4FY24 63.2 149.8 53.2 182.4 34.0 95.3 Q4FY23 Q3FY24 Q4FY24 Q4FY23 Q3FY24 Q4FY24 Q4FY23 Q3FY24 Q4FY24 Revenue (Rs. Crs) BROKING
Slide 39: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Revenue (INR Crs) EBITDA (INR Crs) & EBITDA Margin (%) PAT (INR Crs) & PAT MARGIN (%) 1,638.5 424.6 188.3 174.6 1,211.6 295.1 1,116.9 269.9 120.4 901.3 105.0 195.3 25.90% 15.60% 26.40% 22.30% 21.70% 26.4% 25.3% 11.70% 9.90% 22.3% 21.7% 11.50% FY21 FY22 F
Slide 40: Way Ahead
About Us Way Ahead
Slide 41: Growth Plans
Growth Plans 01 Continuous 03 Expansion into 05 Investment in Untapped Markets Technology 02 04 Continuous Focusing on Focus on digital Innovation in our exponentially marketing Product Offerings growing our client base Investor Presentation 40
Slide 42: CSR Initiatives
CSR Initiatives SMC Group has contributed approximately ₹3.20 Crores (PY ₹2.44 Crores) towards Corporate Social Responsibility initiatives. In FY24 we conducted a number of activities to empower, uplift & strengthen various sections of our society like under privileged orphan children, girls from we
Slide 43: 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 44: Thank You
About Us Thank You
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