Smc Global Securities Ltd. (india) · NSE:SMCGLOBAL
Smc Global Securities Ltd. (india) — SMC Global Securities — Q3 FY22 Earnings Presentation
28 slides from Smc Global Securities Ltd. (india)'s earnings presentation, Feb 2, 2022
Slide 1: Exchange filing cover letter: Investor Presentation on Q3 FY2021-22 earnings
SMC GLOBAL SECURITIES LIMITED Osmc Member: NSE + BSE + MSE * NCDEX + ICEX + MCX. Clearing & Trading Member : Cash, F&O, Currency, Debl & Commodity SEBI Regn. No. : INZ 0001 Moneywise. Be Be wise wise. + Research Analyst No, : INH10000%849 + Investment Adviser No. : INA100012491 Regd. Office: 11/6B,
Slide 2: Earnings Presentation Q3/9M-FY22
Earnings Presentation Q3/9M-FY22
Slide 3: SMC at a Glance
SMC at a Glance Branches Across India Cities Covered Unique Clients Employees Sub-brokers / Network of Financial 95+ 550+ 1,900,000+ 3,600+ Authorised Persons Distributors Including 1 in Dubai 2,550+ 13,500+ Clearing & Settlement Cumulative AUM/AUA Running SIPs Insurance Policies sold Insurance Clie
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 8,929 company offering brokerage services, inve
Slide 5: Business Structure
Business Structure SMC Global Securities Ltd. Insurance Broking Broking, Distribution & Trading Financing Equity, Commodity, Currency & Institutional Broking Discount Broking Clearing Services Financial Products Distribution Proprietary Trading Fixed Income Wealth Management Portfolio Management Rea
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. 6,011 5,661 • Distrib
Slide 7: Insurance Broking
Insurance Broking Segment Revenue* (INR Mn.) 2,456 2,207 1,944 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) 988 • In the year 2008, SMC started providing financing services through its wholly owned subsidiary, 878 821 Moneywise Financial Services Pvt. Ltd. (SMC Finance). 772 705 • 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: Q3/9M-FY22 Financial Overview
Q3/9M-FY22 Financial Overview 9
Slide 11: 9M/Q3-FY22 Key Financial Highlights
9M/Q3-FY22 Key Financial Highlights Q3-FY22 Consolidated Financial Highlights 9M-FY22 Consolidated Financial Highlights Revenue EBITDA EBITDA Margin Revenue EBITDA EBITDA Margin INR 2,865 Mn INR 651 Mn 22.72% INR 7,824 Mn INR 1,778 Mn 22.72% PAT PAT Margin Diluted EPS PAT PAT Margin Diluted EPS INR
Slide 12: Q3-FY22 Key Operational Highlights
Q3-FY22 Key Operational Highlights Broking, distribution & Trading: • Revenue & EBIT have increased consistently on QoQ basis. Insurance: • Revenue and EBIT increased against previous quarter due to uptick in vehicle sales in the festive season resulting in higher motor insurance premium. Financing:
Slide 13: Consolidated Quarterly Financial Performance
Consolidated Quarterly Financial Performance Particulars (INR Mn) Q3-FY22 Q3-FY21 Y-o-Y Q2-FY22 Q-o-Q Operational Income 2,865 2,359 21.4% 2,651 8.1% Total Expenses 2,214 1,907 16.1% 2,035 8.8% EBITDA 651 452 44.0% 616 5.7% EBITDA Margins (%) 22.72% 19.16% 356 Bps 23.24% (52) Bps Other Income 182 9
Slide 14: Consolidated YTD Financial Performance
Consolidated YTD Financial Performance Particulars (INR Mn) 9M-FY22 9M-FY21 Y-o-Y Operational Income 7,824 6,327 23.7% Total Expenses 6,046 5,016 20.5% EBITDA 1,778 1,311 35.6% EBITDA Margins (%) 22.72% 20.72% 200 Bps Other Income 288 60 NA Depreciation 145 122 18.9% Interest 415 287 44.6% Profit (L
Slide 15: Standalone Quarterly Financial Performance
Standalone Quarterly Financial Performance Particulars (INR Mn) Q3-FY22 Q3-FY21 Y-o-Y Q2-FY22 Q-o-Q Operational Income 1,631 1,167 39.8% 1,602 1.8% Total Expenses 1,102 885 24.5% 1,161 (5.1)% EBITDA 529 282 87.6% 441 20.0% EBITDA Margins (%) 32.43% 24.16% 827 Bps 27.53% 490 Bps Other Income 151 24 N
Slide 16: Standalone YTD Financial Performance
Standalone YTD Financial Performance Particulars (INR Mn) 9M-FY22 9M-FY21 Y-o-Y Operational Income 4,637 3,438 34.9% Total Expenses 3,323 2,709 22.7% EBITDA 1,314 729 80.2% EBITDA Margins (%) 28.34% 21.20% 714 Bps Other Income 335 121 NA Depreciation 104 77 35.1% Interest 266 190 40.0% Profit (Loss)
Slide 17: Consolidated Segmental Performance
Consolidated Segmental Performance BROKING, DISTRIBUTION & TRADING (INR MN) INSURANCE BROKING (INR MN) FINANCING (INR MN) 1,991 2,030 250 R 807 825 614 235 E 224 V E 1,384 N U E Q3-FY21 Q2-FY22 Q3-FY22 Q3-FY21 Q2-FY22 Q3-FY22 Q3-FY21 Q2-FY22 Q3-FY22 625 37 119 537 98 28 92 E B 311 I 10 T Q3-FY21 Q2-
Slide 18: Assets Under Management
Assets Under Management Broking DP AUA (INR Bn) Mutual Funds AUM (INR Bn) 502 30 31 28 29 25 248 167 179 154 FY18 FY19 FY20 FY21 9M-FY22 FY18 FY19 FY20 FY21 9M-FY22 Wealth AUM/AUA (INR Mn) NBFC AUM (INR Mn) 5,060 5,211 5,892 5,829 4,400 5,671 3,470 3,080 5,414 5,142 FY18 FY19 FY20 FY21 9M-FY22 FY18
Slide 19: Key Business Trends – Broking & Insurance
Key Business Trends – Broking & Insurance Broking Broking Clients (in Thousands)* Average Daily Turnover in Broking StoxKart Clients 677 (INR Bn) 88,179 625 567 1,587 527 488 44,900 642 536 320 372 8,397 3,900 FY19 FY20 FY21 9M-FY22 FY18 FY19 FY20 FY21 9M-FY22 FY18 FY19 FY20 FY21 9M-FY22 *Represents
Slide 20: NBFC Business in numbers
NBFC Business in numbers Satisfied Customers Channel Partners Employees Number of Lenders ~67,377+ 240+ 181 13 Branches Net Worth Loan AUM Cumulative Loans 7 INR 3,524 Mn INR 5,414 Mn Disbursed INR 14 Bn+ NNPA % ROTA % Revenue Total Borrowings/Leverage Ratio 1.61% 2.70% INR 705 Mn INR 2,449 Mn / 0.7
Slide 21: Key Business Trends - NBFC
Key Business Trends - NBFC Lending Portfolio Disbursements (INR Mn) NII (INR Mn) & NIM (%) 3,260 11.80% 8% 2,850 2,730 2,770 800 10% 22% 11.50% 11.10% 2,180 623 618 10.80% 18% 400 530 607 3% 447 3% 36% 10.30% SME-Loan Against Property (LAP) SME-Working Capital Term Loan (WCTL) Consumer Durable Loans
Slide 22: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY19 FY20 FY21 9M-FY22 Operational Income 7,528 7,785 8,929 7,824 Total Expenses 5,944 6,599 7,060 6,046 EBITDA 1,584 1,186 1,869 1,778 EBITDA Margins (%) 21.04% 15.23% 20.93% 22.72% Other Income 67 56 86 288 Depreciation 113 192 180 145
Slide 23: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY20 FY21 H1-FY22 Particulars (INR Mn) FY20 FY21 H1-FY22 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories - 132 51 Share Capital 226 226 226 Current tax assets (net) 305 224 297 Other Equity 6,588 7,501 8,427 Deferred ta
Slide 24: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY19 FY20 FY21 9M-FY22 Operational Income 4,248 4,219 4,930 4,637 Total Expenses 3,627 3,588 3,759 3,323 EBITDA 621 631 1,171 1,314 EBITDA Margins (%) 14.62% 14.96% 23.75% 28.34% Other Income 185 310 215 335 Depreciation 91 139 118 104 Inte
Slide 25: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR Mn) FY20 FY21 H1-FY22 Particulars (INR Mn) FY20 FY21 H1-FY22 ASSETS EQUITY AND LIABILITIES Non-Financial Assets Equity Inventories - 132 34 Share Capital 226 226 226 Current tax assets (net) 161 163 161 Other Equity 5,877 6,488 7,296 Deferred tax
Slide 26: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Revenue (INR Mn) EBITDA (INR MN) & EBITDA Margin (%) PAT (INR MN) & PAT MARGIN (%) 14.98% 8,929 2,000 22.72% 16.00% 21.04% 7,528 7,785 7,824 19.22% 1,869 11.21% 14.00% 6,439 1,600 1,778 9.94% 1,172 12.00% 1,584 15.23% 20.93% 1,200 8.03% 1,001 10.00% 1,23
Slide 27: Capital Market Highlights
Capital Market Highlights Share Price Data as on 31st December, 2021 40% 20% 0% -20% -40% -60% -80% -100% -120% Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Sensex SMC Price Data as on 31th December, 2021 Shareholding Pattern (as on 31st December 2021) Face Value 2.0
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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