Smc Global Securities Ltd. (india) · NSE:SMCGLOBAL
Smc Global Securities Ltd. (india) — SMC Global Securities — Q1 FY2023 Earnings Presentation
26 slides from Smc Global Securities Ltd. (india)'s earnings presentation, Aug 1, 2022
Slide 1: Cover letter to stock exchanges
smc SMC GLOBAL SECURITIES LIMITED Member; NSE + BSE » MSE + NCDEX * ICEX « MCX Clearing & Trading Member : Cash, F&O, Currency, Debt & Commodity SEBI Regn. No, : INZ 00 Moneywise. Be wise. Research Analyst No. : INH100001249 « Investment Adviser No. : INA100012491 Regd. Office : 11/6B, Shanti Chambe
Slide 2: Earnings Presentation Q1-FY23
Earnings Presentation Q1-FY23
Slide 3: SMC at a Glance
SMC at a Glance Branches Across India Cities Covered Employees Sub-brokers / Network of Financial 112 Authorised Persons Client Demat A/Cs 447 3,486 Distributors Including 1 in Dubai 2,440 13,667 830,877 Clearing & Settlement Cumulative AUM/AUA Running SIPs Insurance Policies sold Insurance NBFC AUM
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 11,169 company offering brokerage services, inv
Slide 5: Business Structure
Business Structure SMC Global Securities Ltd. Insurance Broking Broking, Distribution & Trading Financing Equity, Commodity, Discount Broking Clearing Services Currency & Institutional SME – Loan Against SME – Working Capital Broking Property (LAP) Term Loan (WCTL) Life Insurance Financial Products
Slide 6: 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 7: 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. 7,719 • Distribution
Slide 8: Insurance Broking
Insurance Broking Segment Revenue* (INR Mn.) 2,760 2,452 2,207 • 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 services in Life Insurance and General Insurance Category i
Slide 9: 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, 985 Moneywise Financial Services Pvt. Ltd. (SMC Finance). 878 827 • SMC finance offers a wide bouquet of loan products i.e. SME-LAP (loan agai
Slide 10: Q1-FY23 Financial Overview
Q1-FY23 Financial Overview 9
Slide 11: Q1-FY23 Key Financial Highlights
Q1-FY23 Key Financial Highlights Q1-FY23 Consolidated Financial Highlights Q1-FY23 Standalone Financial Highlights Revenue Revenue EBITDA EBITDA Margin EBITDA EBITDA Margin INR 2,905 Mn INR 1,681 Mn INR 507 Mn 30.16% INR 709 Mn 24.41% PAT PAT Margin Diluted EPS PAT PAT Margin Diluted EPS INR 370 Mn
Slide 12: Q1-FY23 Key Operational Highlights
Q1-FY23 Key Operational Highlights General: • Revenues grew by 13.8% YoY • Margin declined due to higher administrative expenses in Q1-FY23 vis-à-vis the same period a year ago when many offices remained shut and employees were working from home due to Covid-19 pandemic. • Pursuant to public announc
Slide 13: Consolidated Quarterly Financial Performance
Consolidated Quarterly Financial Performance Particulars (INR Mn) Q1-FY23 Q1-FY22 Y-o-Y Q4-FY22 Q-o-Q Operational Income 2,905 2,553 13.8% 2,897 0.3% Total Expenses 2,196 1,796 22.3% 2,172 1.1% EBITDA 709 757 (6.3)% 725 (2.2)% EBITDA Margins (%) 24.41% 29.65% (524) Bps 25.03% (62) Bps Other Income 6
Slide 14: Standalone Quarterly Financial Performance
Standalone Quarterly Financial Performance Particulars (INR Mn) Q1-FY23 Q1-FY22 Y-o-Y Q4-FY22 Q-o-Q Operational Income 1,681 1,639 2.6% 1,684 (0.2)% Total Expenses 1,174 1,059 10.9% 1,180 (0.5)% EBITDA 507 580 (12.6)% 504 0.6% EBITDA Margins (%) 30.16% 35.39% (523) Bps 29.93% 23 Bps Other Income 91
Slide 15: Consolidated Segmental Performance
Consolidated Segmental Performance BROKING, DISTRIBUTION & TRADING (INR MN) INSURANCE BROKING (INR MN) FINANCING (INR MN) 325 289 R 1,991 782 739 1,861 1,891 E V 221 538 E N U E Q1-FY22 Q4-FY22 Q1-FY23 Q1-FY22 Q4-FY22 Q1-FY23 Q1-FY22 Q4-FY22 Q1-FY23 617 466 473 E 174 179 36 125 B I 15 T Q1-FY22 Q4-F
Slide 16: Assets Under Management
Assets Under Management Broking DP AUA (INR Bn) Mutual Funds AUM (INR Bn) 33 495 481 30 28 25 248 154 FY20 FY21 FY22 Q1-FY23 FY20 FY21 FY22 Q1-FY23 Wealth AUM/AUA (INR Mn) NBFC AUM (INR Mn) 5,400 7,163 6,904 4,400 4,555 5,829 5,142 3,080 FY20 FY21 FY22 Q1-FY23 FY20 FY21 FY22 Q1-FY23 Earnings Present
Slide 17: Key Business Trends – Broking & Insurance
Key Business Trends – Broking & Insurance Broking Broking Clients (in Thousands)* Average Daily Turnover in Broking StoxKart Clients (INR Bn) 673 689 1,28,773 1,442 602 1,05,843 544 1,010 642 536 44,934 8,397 FY20 FY21 FY22 Q1-FY23 FY20 FY21 FY22 Q1-FY23 FY20 FY21 FY22 Q1-FY23 *Represents SMC Global
Slide 18: FY22 NBFC Business in numbers
FY22 NBFC Business in numbers 290+ Channel Partners Employees Number of Lenders 8 Branches 208 12 Collection Efficiency Net Worth Loan AUM Cumulative Loans Disbursed 96% INR 3,720 Mn INR 7,163 Mn INR 17 Bn+ NNPA % ROTA % Revenue Total Borrowings/Leverage Ratio 1.49% 4.20% INR 325 Mn INR 3,825 Mn / 1
Slide 19: Key Business Trends - NBFC
Key Business Trends - NBFC Lending Portfolio Disbursements (INR Mn) NII (INR Mn) & NIM (%) 4,310 14.00% 8% 8% 800 21% 636 3,260 607 618 17% 2,810 11.10% 11.50% 10.30% 4% 400 325 5% 37% 1,333 SME-Loan Against P rop erty (LAP) SME-Working Capital Term Loan (WCTL) Con sumer Durable Loans Capial Market
Slide 20: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY21 FY22 Q1-FY23 Operational Income 7,785 9,013 11,169 2,905 Total Expenses 6,599 7,060 8,218 2,196 EBITDA 1,186 1,953 2,951 709 EBITDA Margins (%) 15.23% 21.67% 26.42% 24.41% Other Income 56 69 39 6 Depreciation 192 180 201 47 Inte
Slide 21: 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 22: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY20 FY21 FY22 Q1-FY23 Operational Income 4,219 5,013 6,699 1,681 Total Expenses 3,588 3,760 4,503 1174 EBITDA 631 1,253 2,196 507 EBITDA Margins (%) 14.96% 25.00% 32.78% 30.16% Other Income 310 197 142 91 Depreciation 139 118 144 36 Intere
Slide 23: 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 24: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Revenue (INR Mn) EBITDA (INR MN) & EBITDA Margin (%) PAT (INR MN) & PAT MARGIN (%) 11,169 18.00% 3,200 15.63% 26.42% 24.41% 16.00% 9,013 2,800 12.74% 21.67% 2,951 11.65% 1,746 14.00% 7,785 2,400 12.00% 2,000 15.23% 1,953 10.00% 1,600 1,050 8.00% 2,905 1,
Slide 25: Capital Market Highlights
Capital Market Highlights Share Price Data (as on 30th June, 2022) 35% 30% 25% 20% 15% 10% 5% 0% -5% -10% -15% Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Sensex SMC Price Data (As on 30th June, 2022) Shareholding Pattern (As on 30th June 2022) Face Value 2.0
Slide 26: 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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