Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Oct - Statutory advertisement to the prospectus filed for Public Issue of NCDs
Source: Bse
SMC Global Securities Limited (SMCGLOBAL)
Small CapFinancial Services stocks · Small cap · NSE
SMC Global Securities Limited operates in Broking, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹107.66
-2.45 · -2.23%
Market cap ₹2,397 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result27 Jul, 03:04 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
64Bullishfull bull SMA stack · SMA20 +25.2% / mo · MACD −
Stock trend: 77
Sector RS: 44
Sector 3M: -5.8% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SMCGLOBALD candles · FIT view+63.3%Latest close ₹107.66 on 2026-10-19
Bar
-2.7%
RSI
59
MACD hist
-0.14
52W pos
77%
2026-10-19O ₹110.62H ₹112.50L ₹105.10C ₹107.66Vol 19.4L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SMCGLOBALNifty Financial ServicesNifty 500
- SMCGLOBAL
- +33.7%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- +39.2 pp
Chart stats
19 Oct 2026- From 52W high
- -13.2%
- 52W range position
- 77%
- ATR (14)
- 7.6%
- Volume vs 20D
- 0.12x
- Avg traded value
- ₹179 Cr
- 20D price channel
- ₹80.5 - ₹124
₹124
₹54.4 - ₹124
₹8.2
Latest completed session
20-session average
84.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
Legacy · OVERVALUED12
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average52
Revenue +21.2% · PAT +23.3% YoY
Technical
Bullish64
Price trend and sector-relative-strength timing.
Valuation
Legacy model-202.9%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence47
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Average · 52/100margin compression · Rev +21% YoY · PAT +23% YoY
Filed 26 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹515 Cr | +21.2% | -0.4% |
| EBITDA | ₹107 Cr | +7.0% | +18.9% |
| Operating margin | 21.0% | -300 bps | +400 bps |
| PAT | ₹37 Cr | +23.3% | +76.2% |
| PAT margin | 7.2% | +12 bps | +312 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 22.00
- P/B
- 1.83
- EV/EBITDA
- 9.98
- Market Cap
- 2397.00Cr
Profitability
- ROE
- 8.07%
- ROCE
- 11.40%
- ROA
- 1.92%
- Dividend Y
- 1.05%
Growth (CAGR)
- Revenue 5Y
- 16.00%
- EPS 5Y
- -1.00%
- Revenue 3Y
- 16.00%
- EPS 3Y
- -5.00%
Balance Sheet
- Debt/Equity
- 1.30
- Interest Coverage
- 1.73×
- Altman Z
- 1.26
- Book Value
- 62.30
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 2/5
- OCF
- -73.00 Cr
- EPS TTM
- 5.21
Shareholding
- Promoter Hold
- 66.71%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 92%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 515-0.4% vs prev
Net Profit
₹ CrLatest: 37.0+76.2% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 59. Wait for confirmation.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~20.1% over last month) — short-term momentum positive.
- RSI(14) at 59 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 13% off 52W high · 98% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
92
RS percentile
Stage 2 UptrendRecent S2
1M return
+33.0%
3M return
+33.7%
6M return
+65.9%
1Y return
+58.3%
RS 1D
0
RS 20D
+21
Sector rank
#10
Industry rank
#13
Stage evidence
- Price is 43.2% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +5.5%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
28 Sept 2026
S2 age
15 trading sessions
Sector
weakening
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 158.19-1.21%
RS vs Nifty 500158
Valuation & peers
U-Score 12 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 12 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth6/25
Quality1/20
Balance Sheet2/15
Cash Flow1/10
Piotroski
3/9 (+1)
Penalties
-1
Raw sum
12
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
12/100 · legacy band OVERVALUED
Positive drivers
- Growth contributes 6/25 to the score.
- Balance sheet contributes 2/15 to the score.
- Cash flow contributes 1/10 to the score.
Main drags
- Altman Z is 1.3, in distress territory.
- Penalty bucket subtracts 1 points.
- Fair-value margin of safety is negative at -202.9%.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
22.0
PB
1.8
EV/EBITDA
10.0
ROE
8.1%
ROCE
11.4%
FCF Yield
—
Debt/Equity
1.3
MoS
-202.9%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
12
Previous: 12
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-202.9%
Previous: -202.9%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
12
12
12
12
12
12
12
12
12
12
12
12
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹85.46
-26.0% MoS
Growth-justified P/E
6.8
Growth-justified Value
₹35.53
-202.9% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
GEOJITFSL
Small
Geojit Financial Services Limited
Broking
match 88
27
27.5
7.3%
-532%
OVERVALUED
ARSSBL
Small
Anand Rathi Share and Stock Brokers Limited
Broking
match 84
46
19.8
14.0%
+17%
FAIR VALUE
ARIHANTCAP
Small
Arihant Capital Markets Limited
Broking
match 84
20
25.0
7.7%
-300%
OVERVALUED
MONARCH
Small
Monarch Networth Capital Limited
Broking
match 83
73
15.3
20.5%
+40%
UNDERVALUED
EMKAY
Small
Emkay Global Financial Services Limited
Broking
match 83
18
40.1
4.5%
-127%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
SMC Global Securities Limited operates in Broking, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
47Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 4th percentile of the scored universe and 6th percentile within Financial Services. Main check: balance sheet trust is weak at 21/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
127 docs text-extracted · 41 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
4th percentile
overall median 67 · Financial Services: 6th pctile, median 62 · Small: 5th pctile, median 66
Evidence depth
Financial-only
127 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
21
weak · leverage and solvency
Discipline
38
weak · capital discipline
Results
53
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 66.7%.
- ▸Promoter pledge is zero.
- ▸3/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Operating cash flow is negative at ₹-73 Cr.
- ▸Altman Z is 1.17.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸Debt/equity is 1.30.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching SMC Global Securities Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 3 Oct - SEBI levied Rs 1 lakh penalty on SMC Global Securities for unauthorized trading compliance lapses.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 1 Oct - SMC Global acquired 20,66,000 S.K. Offset shares, taking PAC holding to 26.68%.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Acquisition 24 Sep - SMC Global, PACs acquired 16,75,200 Kheria Autocomp shares, totaling 10.57%, on 23-24 September 2026.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Issue of Securities 16 Sep - SMC Global Securities filed draft prospectus for ₹15,000 lakh secured NCD issue on September 15, 2026.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 23 Sep - SMC Global Securities to meet analysts at Bharat Connect Conference on 29 September 2026, 4-5 PM IST.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Dividend Updates 29 Jun - Members approved 30% final dividend of ₹0.60 per share for FY2025-26 on June 26 AGM.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 12 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Jun - Copy of newspaper advertisement made for completion of dispatch of 32nd Annual general Meeting of the company
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May - Pre-AGM Notice Newspaper Advertisement of SMC Global Securities Limited
Source: Bse
AnnouncementQ4 2026
Q4 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 3 May - We hereeby submit copy of newspaper published for the Q4 fy 26 result
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.