SMC Global Securities Ltd

SMC Global Securities Ltd has announced the full redemption of its Series I and Series II Non-Convertible Debentures (NCDs). The company redeemed 2,67,153 Series I NCDs and 68,016 Series II NCDs, each with a face value of ₹1000. The total redemption amount for Series I NCDs was ₹26,71,53,000, and for Series II NCDs was ₹6,80,16,000, bringing the total redemption to ₹33,51,69,000. The redemption was due to the maturity of these NCDs, which were originally issued with a prospectus dated 11th July, 2024, and had a maturity date of 7th August, 2026. The actual redemption date was also 7th August, 2026, with the outstanding amount now reduced to Nil.

SMC Global Securities Ltd announced that its Board of Directors met on July 26, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved a proposal to raise funds up to ₹15,000 lakhs through a public issue of secured, rated, listed, redeemable, non-convertible debentures (NCDs). The trading window for designated persons will open 48 hours after the declaration of these financial results.

SMC Global Securities' consolidated PAT rose 22.7% YoY to ₹36.74 Cr on revenue of ₹515.08 Cr (+21.2% YoY), with net profit margin essentially flat at 7.13% versus 7.03% a year ago and operating margin (PBT/revenue) at 9.04% versus 9.03%. Sequentially, revenue was flat (-0.4% QoQ) while PAT jumped 71% QoQ off a seasonally weaker March-2026 quarter — that QoQ swing is a base-effect recovery, not the story of the quarter; the YoY print is the one that matters. No consensus estimates for this quarter could be located for this small-cap broking name, so the print cannot be graded against Street numbers this time. The headline PAT growth outpaces the underlying operating trend: pre-interest segment profit rose only 8.4% YoY (₹102.09 Cr vs ₹94.20 Cr), while finance cost was flat to down (₹55.50 Cr vs ₹55.84 Cr, -0.6% YoY) — that flat cost base is what amplified an 8.4% operating gain into a 21.4% PBT gain and 22.7% PAT gain. By segment, broking, distribution & trading — 73% of segment profit — grew profit 17.6% YoY (₹74.31 Cr) on 15.0% revenue growth and was the main driver. Insurance broking revenue surged 44.3% YoY to ₹167.27 Cr, well ahead of management's guided 15% growth for the segment, but segment profit nearly halved to ₹1.64 Cr from ₹2.42 Cr — a beat on volume, a miss on margin, likely tied to reinsurance-license-related setup costs management flagged last call. Financing (NBFC) segment revenue fell 8.6% YoY to ₹46.46 Cr and segment profit fell 8.5% YoY to ₹26.13 Cr, running counter to the 15-20% FY27 AUM growth and >₹800 Cr disbursement guidance given on the Q4 FY26 call — one quarter of an annual target, but a segment to track. Standalone (parent-only) PAT grew a slower 10.0% YoY to ₹25.12 Cr versus the Group's 22.7%, on standalone revenue growth of 11.1% versus the Group's 21.2%, confirming that subsidiaries — particularly insurance broking — are growing faster than the parent entity itself. Alongside the results, the Board approved a public NCD issue of up to ₹150 Cr (₹75 Cr base plus green-shoe), continuing the company's reliance on debt-market funding for its lending book; this followed a 30% final FY26 dividend approved in late June. No standalone management press release or commentary beyond the regulatory filing and auditor's reports was available for this quarter, so management's own framing of the print is not yet on record; that context should surface on the July 27 earnings call.

SMC Global Securities Ltd has announced a Board of Directors meeting scheduled for July 26, 2026. The primary agenda items include the consideration and approval of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the Limited Review Report. Additionally, the board will discuss a proposal for the issuance of Non-Convertible Debentures (NCDs) through a public issue. The trading window for designated persons remains closed from July 1, 2026, until 48 hours after the declaration of these financial results.

SMC Global Securities Ltd announced that its members have approved a final dividend of 30% on the face value of equity shares for the financial year 2025-26. This translates to ₹0.60 per equity share, with a face value of ₹2/-. The dividend will be paid to shareholders of record as of June 15, 2026. The approval was given at the company's 32nd Annual General Meeting held on June 26, 2026. This decision reflects the company's commitment to returning value to its shareholders.

SMC Global Securities Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. During this period, trading in the company's equity shares by these individuals is prohibited. The date for the board meeting to consider these financial results will be announced later. The company will also host this information on its website.

SMC Global Securities Ltd has announced its 32nd Annual General Meeting (AGM) will be held on June 26, 2026, via video conferencing. The company will present the Audited Standalone and Consolidated Financial Statements for FY 2025-26. A final dividend of ₹0.60 per equity share (30%) for FY 2024-25 is recommended. The AGM will also address the reappointment of Director & CEO Mr. Ajay Garg and Director Mr. Anurag Bansal. The report and AGM notice are available on the company's website.

SMC Global Securities Ltd has announced its 32nd Annual General Meeting (AGM) will be held on Friday, June 26, 2026, at 11:00 AM IST via Video Conferencing. The company will present the Audited Standalone and Consolidated Financial Statements for the Financial Year 2025-26. Shareholders will also vote on the declaration of a final dividend of ₹0.60 per equity share (30% on face value) for FY 2025-26, in addition to the interim dividend already paid. The AGM agenda also includes the reappointment of Mr. Ajay Garg as Director & CEO, who retires by rotation.

SMC Global Securities Ltd has fixed June 15, 2026, as the record date for determining members' entitlement to the final dividend for the financial year ended March 31, 2026. This follows the Board's recommendation on May 2, 2026, of a 30% dividend (₹0.60 per share) subject to shareholder approval at the AGM. The 32nd AGM will be held on June 26, 2026, via video conferencing.

SMC Global Securities Ltd announced that its 32nd Annual General Meeting (AGM) will be held on June 26, 2026, via video conferencing. The company has fixed June 15, 2026, as the record date to determine members' entitlement for the final dividend of ₹0.60 per equity share for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the AGM.