Smc Global Securities Ltd. (india) · NSE:SMCGLOBAL

Smc Global Securities Ltd. (india) — SMC Global Securities — Q2/H1 FY24 Earnings Presentation

28 slides from Smc Global Securities Ltd. (india)'s earnings presentation, Nov 8, 2023

  1. Slide 1: Covering letter to exchanges for earnings presentation

    a, smc SMC GLOBAL SECURITIES LIMITED Member: NSE BSE MSE « NCDEX « ICEX + MCX . Clearing & Trading Member : Cash, F&O, Currency, Debt & Commodity Moneywise. ] Be wise. [ L SEBI Regn. No. : INZ 000199438 - Research Analyst No. : INH100001849 + Investment Adviser No. : INA100012491 Regd. Office : 11/6

  2. Slide 2: SMC Global Securities Ltd. Earnings Presentation Q2/H1-FY24

    A < ‘ A SMC Global Securities Ltd. J Earnings Presentation | Q2/H1-FY24

  3. Slide 3: SMC at a glance

    $s mc moneywise. be wise AR ; | 'A?l ) &, 3 o 2 { o Branches A Across India e BEAEE d Eml a Sub-brok | N el Kof Fi ial | 111 180 3 ities Covere mployees } ub-bro ers / 3 etwgr of Financia Client Demat A/Cs T e | 455 ! 4,134 Authorised Persons Distributors 10,04 344 ncluding 1in Dubai | 2,485 7,077 ‘

  4. Slide 4: SMC Group Overview

    SMC Group Overview * SMC Global Securities Ltd was established in 1994 by founders Mr. Subhash C. C lidated R (INRMn) & EBITDA (%) Aggarwal and Mr. Mahesh C. Gupta. onsolidated Revenue L 4 e Over the years, the company has grown into a diversified financial services 20068 12,116 company offering bro

  5. Slide 5: Business Structure

    . Business Structure $smc moneywise. be wise SMC Global Securities Ltd. Insurance Broking Broking, Distribution & Trading 53 Financing W Jag - Equity, Commodity, Currency E Financial Products &> | &N O SME — Working Capital & Full-Service Broking, MTF C1e2ing Services Distribution \Vealth Management

  6. Slide 6: SMC strengths and network

    $smc moneywise. be wise « Top Management of SMC has Over 30 Years of experience in industry + Well established and deeply penetrated national brand with strong reputation and good recall « Group has extensive corporate relationships « Strong network of approx. 2,485 Authorized persons and Sub-broker

  7. Slide 7: Broking, Distribution & Trading

    Broking, Distribution & Trading Broking business comprises of brokerage, including discount brokerage “Stoxkart,” dealing in equities, commodities, currency derivatives and other securities on behalf of customers, clearing services Segment Revenue* (INR across all major stock exchanges and depositor

  8. Slide 8: Insurance Broking

    Insurance Broking * 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 including consulting, risk analysis, policy se

  9. Slide 9: NBFC — Middle Layer

    NBFC — Middle Layer Segment Revenue (INR Mn) 1,319 * In the year 2008, SMC started providing financing services through its wholly owned subsidiary, 985 Moneywise Financial Services Pvt. Ltd. (SMC Finance). 827 894 e The company is dealing in wide spectrum of financial products like SME- LAP (Loan a

  10. Slide 10: Q2/H1-FY24 SMC Global Financial Overview

    Q2/H1-FY24 SMC Global Financial Overview

  11. Slide 11: Q2/H1-FY24 Key Financial Highlights

    - Q2/H1-FY24 Key Financial Highlights $smc moneywise. be wise Q2-FY24 Consolidated Financial Highlights H1-FY24 Consolidated Financial Highlights Revenue ~ EBITDA EBITDAMargin Revenue EBITDA EBITDA Margin INR3,895Mn INR940Mn 24.13% INR 7,009 Mn INR 1,726 Mn | 24.63% PAT . PAT Margin Diluted EPS PAT

  12. Slide 12: Q2/H1-FY24 Key Operational Highlights

    . Q2/H1-FY24 Key Operational Highlights $smc moneywise. be wise General: * Income from operations grew in Q2 by about 30% Y-o-Y and in half year by 19% Y-o-Y * EBITDA margin increased from 21.6% to 24.1% in Q2 Y-o-Y and in half year from 23% to 24.6% * Book value as on 30th Sept. 2023 increased to R

  13. Slide 13: Quarterly Consolidated Income Statement

    - Quarterly Consolidated Income Statement $smc moneywise. be wise Particulars (INR Mn) Q2-FY24 Q2-FY23 Q1-FY24 Operational Income 3,895 3,004 29.7% 3,115 25.0% Total Expenses 2,955 2,355 25.5% 2,329 26.9% EBITDA 940 649 44.8% 786 19.6% EBITDA Margins (%) 24.13% 21.60% 253Bps 25.23% (110) Bps Other I

  14. Slide 14: Half Yearly Consolidated Income Statement

    - Half Yearly Consolidated Income Statement $smc moneywise. be wise Particulars (INR M H1-FY24 H1-FY23 Operational Income 7,009 5,899 18.8% Total Expenses 5,283 4,541 16.3% EBITDA 1,726 1,358 27.1% EBITDA Margins (%) 24.63% 23.02% 161 Bps Other Income 30 13 NA Depreciation 160 102 56.9% Interest 677

  15. Slide 15: Quarterly Standalone Income Statement

    - Quarterly Standalone Income Statement $smc moneywise. be wise Particulars (INR Mn) Q2-FY24 Q2-FY23 Q1-FY23 Operational Income 2,065 1,788 15.5% 1,807 14.3% Total Expenses 1,455 1,314 10.7% 1,314 10.7% EBITDA 610 474 28.7% 493 23.7% EBITDA Margins (%) 29.54% 26.51% 303 Bps 27.28% 226 Bps Other Inco

  16. Slide 16: Half Yearly Standalone Income Statement

    ‘ Half Yearly Standalone Income Statement $smc moneywise. be wise Particulars (INR Mn) H1-FY24 H1-FY23 Operational Income 3,872 3,469 11.6% Total Expenses 2,770 2,488 11.3% EBITDA 1,102 981 12.3% EBITDA Margins (%) 28.46% 28.28% 18 Bps Other Income 243 102 NA Depreciation 123 76 61.8% Interest 404 2

  17. Slide 17: Quarterly Consolidated Segmental Performance

    - Quarterly Consolidated Segmental Performance $smc moneywise. be wise BROKING, DISTRIBUTION & TRADING (INR MN) INSURANCE BROKING (INR MN) FINANCING (INR MN) 2,181 2271 R 464 E 1,958 1,230 430 \" 834 E 778 5 N U - E Q2-FY23 Q1-FY24 Q2-FY24 Q2-FY23 Q1-FY24 Q2-FY24 Q2-FY23 Q1-FY24 Q2-FY24 274 293 535

  18. Slide 18: H1-FY24 Assets Under Management

    - H1-FY24 Assets Under Management $smc moneywise. be wise Broking DP AUA (INR Bn) Mutual Funds AUM (INR Bn) 673 33 495 el 31 30 - I I . . ] FY21 FY22 FY23 H1-FY24 FY21 FY22 FY23 H1-FY24 Wealth AUM/AUA (INR Mn) NBFC AUM (INR Mn) 10,156 9,004 6,904 ) I FY21 FY22 FY23 H1-FY24 Fy21 FY22 FY23 H1-FY24 Ear

  19. Slide 19: Key Business Trends — Broking & Insurance

    Key Business Trends — Broking & Insurance $smc By Ti Broking Broking Clients (in Thousands)* Average Daily Turnover in Broking StoxKart Clients (in Thousands) 774 (INR Bn) 736 2,011 2910 228 673 194 1,410 106 - . ] I = . FY21 FY22 Fv23 H1-FY24 ool . =78 TR FY21 FY22 FY23 H1-FY24 *Represents SMC Glob

  20. Slide 20: H1-FY24 NBFC Business in numbers

    - H1-FY24 NBFC Business in numbers @smc oAl 4N ) 93 Channel Partners Employees Number of Lenders 22 Branches 329 23 % & g ¢ Collection Efficiency Net Worth Loan AUM | Cumulative Loans Disbursed Approx. 99% | INR 4,092 Mn INR 10,156 Mn i INR 26 Bn+ ONNPA % | 3 Wi ROTA % | L — e Total Income | | ~ A7

  21. Slide 21: H1-FY24 Key Business Trends - NBFC

    - H1-FY24 Key Business Trends - NBFC $smc moneywise. be wise Lending Portfolio Disbursements (INR Mn) NIl (INR Mn) & NIM (%) 8,583 oEE 30% 750 4,310 4,449 618 578 2,810 ' SME-Loan Against Property (LAP) W SME-Working Capital Term Loan (WCTL) m Consumer Durable Loans m Capial Market Funding (CMF) # O

  22. Slide 22: Historical Consolidated Income Statement

    ‘ Historical Consolidated Income Statement $smc moneywise. be wise Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 Operational Income 9,013 11,169 12,116 7,009 Total Expenses 7,060 8,218 9,417 5,283 EBITDA 1,953 2,951 2,699 1,726 EBITDA Margins (%) 21.67% 26.42% 22.28% 24.63% Other Income 69 39 41 30 De

  23. Slide 23: Historical Consolidated Balance Sheet

    - Historical Consolidated Balance Sheet $smc moneywise. be wise Particulars (INR FY22 FY23 H1-FY24 Particulars (INR Mn) FY22 FY23 H1-FY24 EISETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories 345 52 49 R Share Capital 226 209 209 Current tax assets (net) 365 290 349 - Other Equity 9,

  24. Slide 24: Historical Standalone Income Statement

    - Historical Standalone Income Statement $smc moneywise. be wise Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 Operational Income 5,013 6,699 6,792 3,872 Total Expenses 3,760 4,503 4,972 2,770 EBITDA 1,253 2,196 1,820 1,102 EBITDA Margins (%) 25.00% 32.78% 26.80% 28.46% Other Income 197 142 137 243 De

  25. Slide 25: Historical Standalone Balance Sheet

    - Historical Standalone Balance Sheet $smc moneywise. be wise Particulars (INR M FY22 FY23 H1-FY24 Particulars (INR Mn) FY22 FY23 H1-FY24 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories 237 2 6 Share Capital 226 209 209 Current tax assets (net) 212 106 86 Other Equity 7,706 7,4

  26. Slide 26: Historical Consolidated Financial Performance

    - Historical Consolidated Financial Performance $smc moneywise. be wise Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT MARGIN (%) 12,116 2,951 1,746 11,169 2,699 9,013 1,953 I 7,009 1726 Y21 FY22 Y23 H1-FY24 FY21 FY22 FY23 H1-FY24 FY21 FY22 Y23 H1-FY24 Net Worth (INR Mn) ROE

  27. Slide 27: Capital Market Highlights

    - Capital Market Highlights $smc moneywise. be wise 1 Year Stock Performance (as o h September, 25% ——SMC ——SENSEX 20% 15% 10% 5% 0% 5% -10% -15% Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Price Data (As on 30" September, 2023) Face Value 2.00 Book Value per

  28. Slide 28: Disclaimer

    . Disclaimer &smc SMC Global Securities Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairmess, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions

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