{"id":179419,"date":"2026-02-03T13:05:03","date_gmt":"2026-02-03T18:05:03","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179419"},"modified":"2026-02-03T13:05:03","modified_gmt":"2026-02-03T18:05:03","slug":"smc-global-securities-delivers-mixed-q3-fy26-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/smc-global-securities-delivers-mixed-q3-fy26-results\/","title":{"rendered":"SMC Global Securities Delivers Mixed Q3 FY26 Results"},"content":{"rendered":"\n<p>SMC Global Securities Ltd (NSE: SMCGLOBAL) released its Q3 and 9M FY26 earnings. Consolidated revenue grew 8.6% year-on-year to \u20b9494.8 crore. PAT fell 29.8% to \u20b930.8 crore amid higher expenses.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Consolidated Financial Highlights<\/h2>\n\n\n\n<p>Q3 revenue reached \u20b9494.8 crore, up from \u20b9455.5 crore. EBITDA declined 8.8% to \u20b9102.1 crore, with margins at 20.6%. PBT dropped 30.1% to \u20b939 crore. PAT was \u20b930.8 crore, down from \u20b943.9 crore.<\/p>\n\n\n\n<p>\u200bFor 9M FY26, revenue edged up 0.4% to \u20b91,360 crore. EBITDA fell 19.6% to \u20b9286.7 crore. PAT decreased 42.7% to \u20b981.8 crore. Margins compressed to 6.0% from 10.5%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u200bSegment Performance Q3 FY26<\/h2>\n\n\n\n<p>Broking, Distribution &amp; Trading revenue rose 22.2% to \u20b9352.5 crore. EBIT grew 13.9% to \u20b946.6 crore.<\/p>\n\n\n\n<p>Insurance Broking revenue increased 52.4% to \u20b971.2 crore. EBIT jumped 58.3% to \u20b926.2 crore.<\/p>\n\n\n\n<p>Financing (NBFC) revenue fell 32.0% to \u20b948.4 crore. EBIT dropped 43.8% to \u20b93.2 crore.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u200b9M FY26 Segment Trends<\/h2>\n\n\n\n<p>Broking revenue dipped 0.2% to \u20b9802.4 crore. EBIT declined 15.1% to \u20b9178.5 crore.<\/p>\n\n\n\n<p>Insurance Broking revenue grew 12.1% to \u20b9181.8 crore. EBIT fell 19.9% to \u20b981 crore.<\/p>\n\n\n\n<p>NBFC revenue decreased 32.8% to \u20b9145.6 crore. EBIT dropped to \u20b99.8 crore from \u20b9120.6 crore.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u200bKey Business Metrics<\/h2>\n\n\n\n<p>Broking DP AUA hit \u20b91,64,217 crore in 9M FY26. Clients reached 1,295 thousand, including StoxKart. Online penetration rose to 70%.<\/p>\n\n\n\n<p>Insurance policies issued totaled 826 thousand. Gross premium was \u20b92,236 crore. POS network expanded to 16,420.<\/p>\n\n\n\n<p>NBFC AUM stood at \u20b91,107 crore. NNPA was 1.99%. Collection efficiency at 97.96%. CRAR 40.1%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u200bBalance Sheet Snapshot<\/h2>\n\n\n\n<p>Consolidated net worth grew to \u20b91,289 crore by September 2025. Borrowings rose to \u20b91,699 crore. Total assets reached \u20b95,242 crore.<\/p>\n\n\n\n<p>Standalone net worth was \u20b9979 crore. Loans increased to \u20b9432 crore.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u200bStrategic Overview<\/h2>\n\n\n\n<p>SMC operates broking, insurance broking, NBFC financing, and distribution. Network spans 413 cities with 2,154 authorized persons. Tech focus via StoxKart and AI in insurance.<\/p>\n\n\n\n<p>Group certified Great Place to Work. 5-year PAT CAGR 43.8%; revenue CAGR 17.9%.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SMC Global Securities Ltd (NSE: SMCGLOBAL) released its Q3 and 9M FY26 earnings. Consolidated revenue grew 8.6% year-on-year to \u20b9494.8 crore. PAT fell 29.8% to \u20b930.8 crore amid higher expenses. Consolidated Financial Highlights Q3 revenue reached \u20b9494.8 crore, up from \u20b9455.5 crore. EBITDA declined 8.8% to \u20b9102.1 crore, with margins at 20.6%. PBT dropped 30.1% [&hellip;]<\/p>\n","protected":false},"author":2388,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,392,5],"tags":[12270,10097],"class_list":["post-179419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-earnings","category-latest","tag-brokerage","tag-financial-service"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":180579,"url":"https:\/\/alphastreet.com\/india\/rnfi-services-limited-reports-q3-9m-fy26-results\/","url_meta":{"origin":179419,"position":0},"title":"RNFI Services Limited Reports Q3 &amp; 9M FY26 Results","author":"Staff Correspondent","date":"February 13, 2026","format":false,"excerpt":"About RNFI Services Ltd. RNFI Services Ltd. (NSE: RNFI) is an Indian fintech company that provides assisted digital and financial services through a wide network of agents and retail partners across the country. The company operates primarily in the Business Correspondent (BC) model, enabling access to banking, Aadhaar-enabled payment services\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":179325,"url":"https:\/\/alphastreet.com\/india\/corona-q3-fy26-earnings-results\/","url_meta":{"origin":179419,"position":1},"title":"Corona Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 3, 2026","format":false,"excerpt":"Executive Summary Corona Remedies Ltd reported Q3FY26 revenues of \u20b9342 crore, up 14.37% YoY, with consolidated net profit increasing 39.13% to \u20b964 crore despite higher expenses. Strong pharmaceutical demand drove topline growth while operational efficiencies supported margin expansion amid industry tailwinds. Revenue & Growth Revenues grew to \u20b9342 crore from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/COR.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/COR.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/COR.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/COR.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/COR.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/COR.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178988,"url":"https:\/\/alphastreet.com\/india\/birla-corporation-q3-fy26-earnings-results\/","url_meta":{"origin":179419,"position":2},"title":"Birla Corporation Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 2, 2026","format":false,"excerpt":"Executive Summary Birla Corporation Ltd reported Q3FY26 revenues of \u20b92,159 crore, down 4.34% YoY, but consolidated net profit surged 70.97% to \u20b953 crore through 7.49% expense cuts and cost optimization. Cement demand recovered in December led by B2B sales, boosting margins despite seasonal weakness. Revenue & Growth Revenues declined to\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BIRLA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BIRLA.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BIRLA.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BIRLA.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BIRLA.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BIRLA.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178938,"url":"https:\/\/alphastreet.com\/india\/clean-science-q3-fy26-earnings-results\/","url_meta":{"origin":179419,"position":3},"title":"Clean Science Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 2, 2026","format":false,"excerpt":"Executive Summary Clean Science & Technology Ltd reported Q3FY26 revenues of \u20b9185 crore, down 20.26% YoY, with consolidated net profit declining 29.73% to \u20b952 crore. Total expenses fell 11.43% YoY to \u20b9124 crore amid challenging chemical markets affecting performance and FMCG intermediates. Revenue & Growth Revenues dropped to \u20b9185.00 crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179293,"url":"https:\/\/alphastreet.com\/india\/honeywell-automation-q3-fy26-earnings-results\/","url_meta":{"origin":179419,"position":4},"title":"Honeywell Automation Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 3, 2026","format":false,"excerpt":"Executive Summary Honeywell Automation India Ltd reported Q3FY26 revenues of \u20b91,169 crore, up 7.15% YoY, but consolidated net profit declined 8.33% to \u20b9121 crore amid rising costs. Revenue growth from process control solutions was offset by margin compression and exceptional labor code provisions. Revenue & Growth Revenues rose to \u20b91,169\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/H.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/H.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/H.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/H.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/H.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/H.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179286,"url":"https:\/\/alphastreet.com\/india\/hyundai-motor-q3-fy26-earnings-results\/","url_meta":{"origin":179419,"position":5},"title":"Hyundai Motor Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 3, 2026","format":false,"excerpt":"Executive Summary Hyundai Motor India Ltd reported Q3FY26 revenues of \u20b917,453 crore, up 7.46% YoY, with consolidated net profit increasing 6.32% to \u20b91,195 crore. Steady domestic SUV demand, 21% export growth, and festive sales supported performance despite rising input costs. Revenue & Growth Revenues grew to \u20b917,453 crore in Q3FY26\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HYUN.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HYUN.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HYUN.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HYUN.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HYUN.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/HYUN.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2388"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179419"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179419\/revisions"}],"predecessor-version":[{"id":179420,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179419\/revisions\/179420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=179419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}