SMC Global Securities Limited has informed the Exchange about Investor Presentation
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SMC GLOBAL SECURITIES LIMITED
Member: NSE + BSE « MSE « NCDEX * ICEX » MCX
Clearing & Trading Member : Cash, F&O, Currency, Debt & Commodily
SEBI Regn. No. : INZ 000199438 « Research Analyst No. : INH100001849 « Investment Adviser No. : INA100012491
Regd. Office : 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005 Ph : +91-11-30111000, 40753333 E-mail : smc@smcindiaonline.com Website : www.smcindiaonline.com
Fax : +91-11-25754365 + CIN No. : L74899DL1994PLC063609
Date: 07 November, 2022
Listing Operations
Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra, (E) Mumbai - 400051
Symbol: SMCGLOBAL
BSE Limited, P J Towers, Dalal Street, Mumbai -400001, India
Scrip Code: 543263
Sub: Earnings Presentation - Q2/H1 - FY23.
Dear Sir(s),
In compliance with Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule Ill Part A (15), enclosed is a copy of the Earnings Presentation for the Second Quarter and Half Year pertaining to the financial year 2022-23.
You are requested to kindly take note of the same.
Thanking you,
For SMC Global Securities Limited
Suman Kumar E.V.P. (Corporate Affairs), Company Secretary & Compliance Officer (Membership No. F5824)
MUMBAI OFFICE
: AWing, 401/402, Lotus Corporate Park, Graham Firth Steel Compound, Off Western Express Highway, Jay Coach Signal, Goregaon East
Mumbai-400063 Ph: +91-22-67341600, 66481818 Fax : +91-22-67341697 E-mail : smcmumbai@smcindiaonline.com
KOLKATA OFFICE:
18, Rabindra Sarani, Poddar Court, Gate No. 4, 5th Floor, Kolkata - 700001 Ph : +91-33-66127000 Fax : +91-33-66127004 E-mail : smckolkata@smcindiaonline.com
S ~
re G INVESTORS ENPONERI nitfative ASEBIL
“4
SUMAN KUMARDigitally signed by SUMAN KUMAR Date: 2022.11.07 11:33:46 +05'30' Earnings Presentation Q2/H1-FY23
SMC at a Glance
Branches Across India 95 Including 1 in Dubai
Cities Covered 453
Employees 3,798
Sub-brokers / Authorised Persons 2,479
Network of Financial Distributors 13,689
Client Demat A/Cs 8,62,069
Clearing & Settlement trading members 308
Cumulative AUM/AUA under Mutual Funds INR 30.30 Bn
Running SIPs 67,196
Insurance Policies sold 4,27,767
Insurance Premium INR 12,483 Mn
NBFC AUM INR 7,268 Mn
Ratings: Short Term- CARE A1+ & ICRA A1+ Long Term- ICRA A (STABLE)
• •
All numbers as of Q2-FY23 *Numbers as of FY22 Earnings Presentation
Consolidated Net worth
INR 8,909 Mn
5 Year Revenue CAGR* 16.23%
5 Year PAT CAGR* 31.15%
Net D/E 0.63x
2
SMC Group Overview
•
SMC Global Securities Ltd was established in 1994 by founders Mr. Subhash C. Aggarwal and Mr. Mahesh C. Gupta.
• Over the years, the company has grown into a diversified financial services company offering brokerage services, investment banking, wealth management, insurance broking, clearing & distribution of depository services, financial advisory services to corporates, institutions, high net worth individuals and other retail clients.
financing, fixed income securities,
financial products,
•
•
•
•
•
The company has launched various innovative digital capabilities and best-in-class products and services.
technology-enabled
Through a strong network of approx. 2,479 Sub Brokers and Authorized Persons the company’s footprint spreads over 453 cities across India.
The company is governed by strong board including 6 independent directors and is run by a highly qualified and experienced management team.
SMC has had a consistent growth track record and is well poised to get larger share of the ever-growing capital markets in India.
The company’s vision is to be a global organization having a dominant position in financial & investment services through customer centric approach.
Consolidated Revenue (INR Mn) & EBITDA (%)
9,013
21.67%
7,785
15.24%
11,169
26.42%
5,919
22.94%
FY20
FY21
FY22
H1-FY23
H1-FY23 Revenue Pie (%)
10%
26%
64%
Broking, Distribution & Trading
Insurance
NBFC
Earnings Presentation
3
Business Structure
SMC Global Securities Ltd.
Insurance Broking
Broking, Distribution & Trading
Financing
Life Insurance
Financial Products Distribution
Real Estate / Mortgage Advisory
Clearing Services
Wealth Management
SME – Loan Against Property (LAP)
SME – Working Capital Term Loan (WCTL)
Proprietary Trading
Fixed Income
Discount Broking
Portfolio Management
Asset Finance
Onward Lending
General Insurance
Investment Banking
Equity, Commodity, Currency & Institutional Broking
Research Services
Capital Market Funding (CMF)
Gift City (IFSC)
Earnings Presentation
4
India INX
NSE IFSC
IIBX
Key Strengths
•
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
An ever-growing database of corporate and retail clients
Innovative use of digital technology-enabled capabilities, best-in-class products and services
Strong network of approx. 2,479 Authorized persons and Sub-brokers, with a footprint covering over 453 cities across India
• Wide range of financial products under one roof
•
SMC has earned trust that cements “One Transaction Lifetime Relationship,” the belief that centers on managing, growing and protecting the investment of our clients for generations
Earnings Presentation
5
Broking, Distribution & Trading
•
•
•
•
•
•
including discount brokerage “Stoxkart,”in dealing in Broking business comprises of brokerage , equities, commodities, currency derivatives and other securities on behalf of customers, clearing services across all major stock exchanges and depository services.
Distribution business encompasses distributing third-party financial products like Mutual Funds, IPOs, FPOs, Corporate FD’s and Bonds and various other capital market products.
This segment also covers wealth and portfolio management services along with providing investment banking services and advisory in real estate and mortgage / loan advisory.
The company also houses proprietary arbitrage trading through a new generation algorithmic trading/HFT.
Procurement and placements of debt instruments like G-Secs for various corporate clients is carried out under the fixed income desk.
SMC has banking tie ups with leading institutions like Punjab National Bank, Union Bank of India, Indian Overseas Bank, Karur Vysya Bank, Dhanlaxmi Bank as execution partners for broking services.
Increasing Online Penetration
69%
50%
43%
44%
Authorised Persons / Sub-Brokers
2,574
2,513
2,479
2,230
50%
57%
56%
31%
FY20
Earnings Presentation
FY21
Online
FY22 Offline
H1-FY23
FY20
FY21
FY22
H1-FY23
Segment Revenue* (INR Mn)
7,719
6,075
4,756
3,950
FY20
FY21
FY22
H1-FY23
*includes other income
H1-FY23 Revenue Pie (%)
38%
62%
Broking & Trading
Others
6
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 serving and claim settlement assistance.
SMC is one of the largest players in India in the General Insurance Retail Broking as well as for Life Insurance in India.
It provides these services through 5 branches across the country with more than 519 employees, 12,950+ Point of Sales (POSs) and 285+ Motor insurance Service Providers (MISPs) servicing a retail customer base of more than 8,00,000 a year.
Segment Revenue* (INR Mn.)
2,452
2,207
2,760
1,573
FY20
FY21
FY22
H1-FY23
*Revenue recognition changed from net to gross basis from FY18.
No. of Policies (In Thousands)
The company operates independently of insurance companies, representing clients and rendering impartial advice to protect client’s interests.
676
739
802
Customers taking insurance through SMC benefit by lower premium and/or better quality of insurance cover, expert consultancy, practical pre-sale advice and efficient post-sale services.
428
•
•
•
•
•
Earnings Presentation
7
FY20
FY21
FY22
H1-FY23
NBFC – Systemically Important (SI)
•
•
In the year 2008, SMC started providing financing services through its wholly owned subsidiary, Moneywise Financial Services Pvt. Ltd. (SMC Finance). SMC finance offers a wide bouquet of loan products i.e. SME-LAP (loan against property), SME- onward-lending (to NBFC/MFI), SME Assets (medical & other equipment), SME-WCTL and recently Gold loan product has been launched in current FY 23 in order to tap the growing credit requirement.
• The NBFC, is currently focused on capital preservation, given its healthy capital adequacy, strong
liquidity position, diversified portfolio mix.
• The NBFC has
scaled up its operations over the years by opening new branches across
•
geographical regions. It has credit rating “A- Stable” by Care & ICRA . In order to achieve the above objective, NBFC is raising funds from Banks/ F.I. which will also result in optimizing average cost of borrowing.
Gold Loan
CMF
Consumable Durables
Retail DAs
Onward Lending
SME Assets
SME LAP
SME WCTL
Total
AUM (INR Mn)
Tenure (Months)
42
12
305
12
138
6
109
18
1,247
24
574
60
1,529
120
Avg. Ticket Size (INR Mn)
0.01
1.00
0.01
0.01
20.00
12.00
20.00
3,324
7,268
36
1.40
-
-
Return on Investment
18.0%
18.0%
18.0%
16.0%
14.5%
13.0%
13.5%
17.3%
16.0%
No. of Clients
825
1,019
24,721
12
67
47
90
2,036
28,817
* All numbers as of Q2-FY23 Earnings Presentation
Segment Revenue (INR Mn)
878
827
985
617
FY20
FY21
FY22
H1-FY23
H1-FY23 Lending Portfolio
1%
8%
1%
21%
17%
4% 2%
46%
SME-Loan Against Property (LAP) Consumer Durable Loans Onward Lending Direct Assignment
SME-Working Capital Term Loan (WCTL) Capial Market Funding (CMF) SME-Asset Finance Gold Loan
8
Q2/H1-FY23 SMC Global Financial Overview
9
Q2/H1-FY23 Key Financial Highlights
Q2-FY23 Consolidated Financial Highlights
H1-FY23 Consolidated Financial Highlights
Revenue INR 3,014 Mn
EBITDA INR 648 Mn
EBITDA Margin 21.50%
Revenue INR 5,919 Mn
EBITDA INR 1,358 Mn
EBITDA Margin 22.94%
PAT INR 295 Mn
PAT Margin 9.79%
Diluted EPS INR 2.79
PAT INR 665 Mn
PAT Margin 11.24%
Diluted EPS INR 6.08
Q2-FY23 Standalone Financial Highlights
H1-FY23 Standalone Financial Highlights
Revenue INR 1,788 Mn
EBITDA INR 474 Mn
EBITDA Margin 26.51%
Revenue INR 3,469 Mn
EBITDA INR 980 Mn
EBITDA Margin 28.25%
PAT INR 232 Mn
PAT Margin 12.98%
Diluted EPS INR 2.22
PAT INR 590 Mn
PAT Margin 17.01%
Diluted EPS INR 5.40
Earnings Presentation
10
Q2/H1- FY23 Key Operational Highlights
General:
• •
•
Income from operations grew in Q2 by about 5% Y-o-Y and in half year by 9% Y-o-Y. EBITDA margin declined from 29% to 22% in Q2 Y-o-Y and in half year from 29% to 23%. The decrease is due to the fact that last year we had Investment Income of Rs. 46.36 Crs. whereas this year it is Rs. 8.19 Crs. only. Pursuant to the public announcement dated May 10, 2022 in respect of buy back of shares from the open market, company has bought back 84,34,450 shares from the open market and the same have already been extinguished.
Broking, Distribution & Trading:
• •
Revenue decreased in Q2 by 8% Y-o-Y and in half year by 1 % Y-o-Y due to decrease in Investment Income by Rs. 38.17 Crs. Number of Branches increased from 60 to 82 as on Sep’22 Y-o-Y.
Insurance:
• •
Revenue grew in Q2 by 35% Y-o-Y and in half year by 36% Y-o-Y. EBIT decreased in Q2 by 25% but increased in half year by 48% due to revival of demand in vehicle sale resulting into higher Insurance premium.
Financing:
• • • •
Loan AUM increased to INR 727 Crs from INR 561 Crs , an increase by 30% Y-o-Y GNPA & NNPA decreased to 2.62% & 1.51%, respectively from 2.92% & 2.18% ,respectively Y-o-Y. Revenue increased in Q2 by 21% Y-o-Y and in half year by 33% Y-o-Y. EBIT increased in Q2 by 127% Y-o-Y and in half year by 77% Y-o-Y.
Earnings Presentation
11
Quarterly Consolidated Income Statement - SMC
Particulars (INR Mn)
Operational Income
Total Expenses
EBITDA
EBITDA Margins (%)
Other Income
Depreciation
Interest
PBT
Tax
Profit After tax
PAT Margins (%)
Other Comprehensive Income
Total Comprehensive Income
Basic & Diluted EPS (INR)
Earnings Presentation
Q2-FY23
Q2-FY22
3,014
2,366
648
21.50%
7
54
195
406
111
295
2,873
2,041
832
28.96%
4
47
138
651
135
516
Y-o-Y
4.9%
15.9%
(22.1)%
(746) Bps
75.0%
14.9%
41.3%
(37.6)%
(17.8)%
(42.8)%
Q1-FY23
2,905
2,196
709
Q-o-Q
3.8%
7.7%
(8.6)%
24.41%
(291) Bps
6
47
174
494
124
370
16.7%
14.9%
12.1%
(17.8)%
(10.5)%
(20.3)%
9.79%
17.96%
(817) Bps
12.74%
(295) Bps
21
316
2.79
8
524
4.56
NA
(39.7)%
(38.8)%
20
390
3.29
5.0%
(19.0)%
(15.2)%
12
Half Yearly Consolidated Income Statement - SMC
Particulars (INR Mn)
Operational Income
Total Expenses
EBITDA
EBITDA Margins (%)
Other Income
Depreciation
Interest
PBT
Tax
Profit After tax
PAT Margins (%)
Other Comprehensive Income
Total Comprehensive Income
Basic & Diluted EPS (INR)
Earnings Presentation
H1-FY23
5,919
4,561
1,358
22.94%
13
102
369
900
235
665
11.24%
42
707
6.08
H1-FY22
5,426
3,838
1,588
29.27%
32
93
261
1,266
273
993
18.30%
24
1,017
8.78
Y-o-Y
9.1%
18.8
(14.5)%
(633) Bps
(59.4)%
9.7%
41.4%
(28.9)%
(13.9)%
(33.0)%
(706) Bps
75.0%
(30.5)%
(30.7)%
13
Quarterly Standalone Income Statement - SMC
Particulars (INR Mn)
Operational Income
Total Expenses
EBITDA
EBITDA Margins (%)
Other Income
Depreciation
Interest
PBT
Tax
Profit After tax
PAT Margins (%)
Other Comprehensive Income
Total Comprehensive Income
Basic & Diluted EPS (INR)
Earnings Presentation
Q2-FY23
Q2-FY22
1,788
1,314
474
26.51%
11
41
136
308
76
232
1,797
1,160
637
35.45%
92
34
85
610
115
495
12.98%
27.55%
-
232
2.22
6
501
4.37
Y-o-Y
(0.5)%
13.3%
(25.6)%
(894) Bps
(88.0)%
(20.6)%
60.0%
(49.5)%
(33.9)%
(53.1)%
NA
NA
(53.7)%
(49.2)%
Q1-FY23
1,681
1,174
507
30.16%
91
36
115
447
89
358
Q-o-Q
6.4%
11.9%
(6.5)%
(365) Bps
(87.9)%
13.9%
18.3%
(31.1)%
(14.6)%
(35.2)%
21.30%
(832) Bps
(1)
357
3.18
NA
(35.0)%
(30.2)%
14
Half Yearly Standalone Income Statement - SMC
Particulars (INR Mn)
Operational Income
Total Expenses
EBITDA
EBITDA Margins (%)
Other Income
Depreciation
Interest
PBT
Tax
Profit After tax
PAT Margins (%)
Other Comprehensive Income
Total Comprehensive Income
Basic & Diluted EPS (INR)
H1-FY23
3,469
2,489
980
28.25%
102
76
251
755
165
590
17.01%
(1)
589
5.40
H1-FY22
3,436
2,221
1,215
35.36%
115
67
160
1,103
217
886
25.79%
12
898
7.83
Y-o-Y
1.0%
12.1%
(19.3)%
(711) Bps
(11.3)%
13.4%
56.9%
(31.5)%
(24.0)%
(33.4)%
(878) Bps
NA
(34.4)%
(31.0)%
Earnings Presentation
15
Quarterly Consolidated Segmental Performance - SMC
BROKING, DISTRIBUTION & TRADING (INR MN)
INSURANCE BROKING (INR MN)
FINANCING (INR MN)
2,131
1,991
1,958
834
739
242
620
325
292
Q2-FY22
Q1-FY23
Q2-FY23
Q2-FY22
Q1-FY23
Q2-FY23
Q2-FY22
Q1-FY23
Q2-FY23
677
473
389
28
21
15
84
179
191
R E V E N U E
E B I T
Q2-FY22
Q1-FY23
Q2-FY23
Q2-FY22
Q1-FY23
Q2-FY23
Q2-FY22
Q1-FY23
Q2-FY23
Earnings Presentation
16
H1 - FY23 Assets Under Management
Broking DP AUA (INR Bn)
495
526
248
154
Mutual Funds AUM (INR Bn)
30
31
30
25
FY20
FY21
FY22
H1-FY23
FY20
FY21
FY22
H1-FY23
Wealth AUM/AUA (INR Mn)
5,400
5,123
4,400
3,080
NBFC AUM (INR Mn)
6,904
7,268
5,142
5,829
FY20
FY21
FY22
H1-FY23
FY20
FY21
FY22
H1-FY23
Earnings Presentation
17
Key Business Trends – Broking & Insurance
Broking Clients (in Thousands)*
673
703
602
544
Broking
Average Daily Turnover in Broking (INR Bn)
2,358
1,410
534
627
StoxKart Clients (in Thousands)
146
106
45
8
FY20
FY21
FY22
H1-FY23
FY20
FY21
FY22
H1-FY23
FY20
FY21
FY22
H1-FY23
*Represents SMC Global Securities’ clients only; exclusive of StoxKart clients.
Insurance Policies Issued (In Thousands)
739
802
676
8,000
428
Insurance
Point Of Sales (POS)
11,100
12,000
12,953
Insurance Gross Premium (INR Mn)
15,826
17,364
20,840
12,483
FY20
FY21
FY22
H1-FY23
FY20
FY21
FY22
H1-FY23
FY20
FY21
FY22
H1-FY23
Earnings Presentation
18
H1-FY23 NBFC Business in numbers
305 Channel Partners 7 Branches
Employees 240
Number of Lenders 15
Collection Efficiency 99%
Net Worth INR 3,815 Mn
Loan AUM INR 7,268 Mn
Cumulative Loans Disbursed INR 18 Bn+
NNPA % 1.51%
ROTA % 4.95%
Revenue INR 617 Mn
Total Borrowings/Leverage Ratio INR 3,680 Mn / 0.96x
Secured Loans % 51%
Earnings Presentation
OPEX to AUM 5.74%
Cost of Borrowing % / NIM % 9.51% / 12.88%
Credit Cost-ANR / PCR 0.69% / 42.97%
19 19
H1-FY23 Key Business Trends - NBFC
Lending Portfolio
1%
8%
1%
21%
17%
4% 2%
46%
SME-Loan Against Property (LAP) Consumer Durable Loans Onward Lending Direct Assignment
SME-Working Capital Term Loan (WCTL) Capial Market Funding (CMF) SME-Asset Finance Gold Loan
Disbursements (INR Mn)
4,310
3,260
2,810
2,730
NII (INR Mn) & NIM (%)
607
618
636
11.10%
11.50%
10.30%
456
12.88%
800
400
-
FY20
FY21
FY22
H1-FY23
FY20
FY21
FY22
H1-FY23
GNPA % & NNPA %
CRAR %
PAT (INR Mn)
224
6.17%
3.66%
4.21%
2.55%
2.84%
2.62%
1.99%
FY20
FY21 GNPA%
FY22 NNPA %
1.51%
H1-FY23
61%
58%
51%
49%
185
169
175
FY20
FY21
FY22
H1-FY23
FY20
FY21
FY22
H1-FY23
Earnings Presentation
20
Historical Consolidated Income Statement
Particulars (INR Mn)
Operational Income
Total Expenses
EBITDA
EBITDA Margins (%)
Other Income
Depreciation
Interest
Profit (Loss) from Joint Venture
PBT
Tax
Profit After tax
PAT Margins (%)
Other Comprehensive Income
Total Comprehensive Income
Basic & Diluted EPS (INR)
Earnings Presentation
FY20
7,785
6,599
1,186
15.23%
56
192
599
-
451
212
239
3.07%
(63)
176
2.11
FY21
9,013
7,060
1,953
21.67%
69
180
424
7
1,425
375
1,050
11.65%
27
1,077
9.28
FY22
11,169
8,218
2,951
26.42%
39
201
575
-
2,214
468
1,746
15.63%
16
1,762
15.43
H1-FY23
5,919
4,561
1,358
22.94%
13
102
369
0
900
235
665
11.24%
42
707
6.08
21
Historical Consolidated Balance Sheet
Particulars (INR Mn)
ASSETS
Non-Financial Assets
Inventories
Current tax assets (net)
Deferred tax assets (net)
Assets held for sale
Property, plant and equipment
Capital work - in - progress
Right to use - Lease
Other intangible assets
Intangible work-in-progress
Other non-financial assets
Sub-Total Non-Financial Assets
Financial Assets Cash and cash equivalents (incl. Other Bank balance) Receivables
Loans
Investments
Other financial assets
Sub-Total Financial Assets
TOTAL ASSETS
Earnings Presentation
FY21
FY22
H1-FY23
Particulars (INR Mn)
FY21
FY22
H1-FY23
132
224
317
24
268
-
350
17
1
345
365
223
40
790
-
330
18
12
55
381
270
42
844
0
349
16
17
242
1,575
276
2,399
343
2,318
10,975
12,819
15,840
3,339
5,758
1,171
1,056
22,299
23,874
3,458
7,800
1,706
1,243
27,026
29,425
4,490
8,613
1,153
1,094
31,190
33,508
EQUITY AND LIABILITIES
Equity
Share Capital
Other Equity
Non-controlling interest
Total Equity
Non-Financial Liabilities
Current tax liabilities (net)
Provisions
Other non-financial liabilities
Sub-Total Non-Financial Liabilities
Financial Liabilities
Trade Payables
Lease Liabilities
Debt Securities
Borrowings
Other Financial Liabilities
Sub-Total Financial Liabilities
Sub-Total Liabilities
TOTAL EQUITY AND LIABILITIES
226
7,501
16
7,743
15
234
166
415
226
9,035
16
9,277
-
268
261
530
209
8,699
15
8,923
60
308
243
611
4,843
7,108
8,815
338
783
3,821
5,931
15,716
16,131
23,874
329
702
3,939
7,539
19,618
20,148
29,425
350
308
5,960
8,541
23,974
24,585
33,508
22
Historical Standalone Income Statement
Particulars (INR Mn)
Operational Income
Total Expenses
EBITDA
EBITDA Margins (%)
Other Income
Depreciation
Interest
PBT
Tax
Profit After tax
PAT Margins (%)
Other Comprehensive Income
Total Comprehensive Income
Basic & Diluted EPS (INR)
Earnings Presentation
FY20
4,219
3,587
632
14.98%
310
139
427
376
79
297
7.04%
(61)
236
2.63
FY21
5,013
3,760
1,253
FY22
6,699
4,503
2,196
25.00%
32.78%
197
118
280
1,052
303
749
14.94%
26
775
6.62
142
144
372
1,822
376
1,446
21.59%
(2)
1,444
12.78
H1-FY23
3,469
2,489
980
28.25%
102
76
251
755
165
590
17.01%
(1)
589
5.40
23
Historical Standalone Balance Sheet
Particulars (INR Mn)
ASSETS
Non-Financial Assets
Inventories
Current tax assets (net)
Deferred tax assets (net)
Property, plant and equipment
Right to use - Lease
Other intangible assets
Intangible work-in-progress
Other non-financial assets
Sub-Total Non-financial Assets
Financial Assets
Cash and cash equivalent (incl. Other Bank balance)
Receivables
Loans
Investments
Other financial assets
Sub-Total Financial Assets
TOTAL ASSETS
Earnings Presentation
FY21
FY22
H1-FY23
Particulars (INR Mn)
FY21
FY22 H1-FY23
132
163
80
210
263
8
-
137
993
237
213
21
741
246
8
8
0
181
60
762
236
7
10
125
1,599
170
1,426
10,413
11,933
15,145
2,374
128
4,841
656
18,412
19,405
2,723
1,093
5,527
842
22,117
23,716
3,679
1,499
4,895
811
26,029
27,455
EQUITY AND LIABILITIES
Equity
Share Capital
Other Equity
Total Equity
Non-Financial Liabilities
Current Tax Liabilities (net)
Provisions
Other non-financial liabilities
Sub-Total Non-Financial Liabilities
Financial Liabilities
Trade Payables
Lease Liabilities
Debt Securities
Borrowings
Other Financial Liabilities
Sub-Total Financial Liabilities
Sub-Total Liabilities
TOTAL EQUITY AND LIABILITIES
226
6,489
6,715
-
128
80
208
226
7,706
7,932
-
158
123
281
209
7,254
7,463
37
188
155
380
3,979
6,356
7,767
247
-
2,384
5,872
12,482
12,690
19,405
237
-
1,509
7,400
15,503
15,784
23,716
229
-
2,961
8,656
19,612
19,992
27,455
24
EBITDA (INR Mn) & EBITDA Margin (%)
PAT (INR Mn) & PAT MARGIN (%)
2,951
1,746
Historical Consolidated Financial Performance
Revenue (INR Mn)
11,169
9,013
7,785
5,919
3,200
2,800
2,400
2,000
1,600
1,200
800
400
-
1,953
1,186
15.23%
21.67%
26.42%
1,358
22.94%
FY20
FY21
FY22
H1-FY23
FY20
FY21
FY22
H1-FY23
Net Worth (INR Mn)
9,261
8,909
7,727
6,831
ROE %
13.56%
18.82%
1,050
11.65%
15.63%
665
11.24%
FY21
FY22
H1-FY23
239
3.07%
FY20
ROCE %
14.90%
19.74%
11.18%
35.00%
30.00%
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
25
FY20
FY21
FY22
H1-FY23
3.50%
FY20
FY21
FY22
FY20
FY21
FY22
Earnings Presentation
Capital Market Highlights
30%
25%
20%
15%
10%
5%
0%
-5%
-10%
Oct-21
1 Year Stock Performance (as on 30th September, 2022)
SMC
Sensex
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Price Data (As on 30th September, 2022)
Face Value
: 2.00
Book Value per Share :
CMP
52 Week H/L
Market Cap (INR Mn)
No. of Share outstanding (Mn)
Avg. Trading Volume ('000)
Avg. Net Turnover (INR Mn)
Earnings Presentation
85.09
78.45
95.40/68.25
8,213.72
104.70
240.15
19.90
Shareholding Pattern (As on 30th September, 2022)
Public 32.61%
Promoters 67.39%
26
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 all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of SMC Global Securities Limited, which are expressed in good faith and in their opinion reasonable, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment.
Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments.
This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from.
This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner.
Valorem Advisors Disclaimer:
Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review.
For further information please contact our Investor Relations Representatives:
Valorem Advisors Mr. Anuj Sonpal, CEO Tel: +91-22-49039500 Email: smcglobal@valoremadvisors.com
Earnings Presentation
27