SMCGLOBALNSE30 January 2025

Smc Global Securities Limited has informed the Exchange about Investor Presentation

SMC Global Securities Limited

Date: 29th January, 2025

To,

Listing Operations BSE Limited, P J Towers, Dalal Street, Mumbai -400001, India

Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400051

Scrip Code: 543263 Debentures Scrip Code: 939639, 939655, 939657, 939643, 939651 and 939647

Symbol: SMCGLOBAL

Subject: Earning Presentation – Q3-FY25

Dear Sir(s)/Ma’am,

In compliance with Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A (15) of Schedule III, enclosed is a copy of the Earning Presentation for the Q3 FY25 of the financial year 2024-25.

This will also be hosted on the Company’s website at www.smcindiaonline.com

This is for your information and record.

Thanking you,

For SMC Global Securities Limited

Suman Kumar E.V.P. (Corporate Affairs & Legal), Company Secretary & General Counsel (Membership No. F5824)

SMC Global Securities Ltd

Earning Presentation – Q3’FY25

About Us Q3 & 9M FY25 Performance Highlights

Consolidated Performance Highlights

Q3 FY25

(Y-o-Y)

Revenue INR 455.5 Crores

EBITDA INR 111.8 Crores

+6.5%

-1.3%

9M FY25

(Y-o-Y)

Revenue INR 1,354.3 Crores

+20.0%

EBITDA INR 355.4 Crores

+24.3%

PAT INR 43.9 Crores

-15.6%

PAT INR 142.7 Crores

+17.0%

Quarterly revenue was impacted by regulatory changes, including the discontinuation of weekly contracts and standardized exchange fees, potentially affecting trading volumes. Focused on expanding brokerage and allied income through innovative services and continued tech investments for seamless delivery and enhanced client experience. Achieved growth in 9M FY25 with healthy increases in Revenue, EBITDA, and PAT, demonstrating operational efficiency and resilience.

Earning Presentation

3

Q3-FY25 Consolidated Segmental Performance

(INR Crs)

BROKING, DISTRIBUTION & TRADING

INSURANCE BROKING

FINANCING (NBFC)

e u n e v e R

T I B E

+2.3%

-1.1%

244.4

149.8

148.2

238.8

+33.8%

71.2

53.2

Q3FY24

Q3FY25

Q3FY24

Q3FY25

Q3FY24

Q3FY25

-20.4%

69.1

55.0

-43.2%

4.4

+45.0%

49.3

2.5

34.0

Q3FY24

Q3FY25

Q3FY24

Q3FY25

Q3FY24

Q3FY25

Earning Presentation

4

9M-FY25 Consolidated Segmental Performance

(INR Crs)

BROKING, DISTRIBUTION & TRADING

INSURANCE BROKING

FINANCING (NBFC)

+17.6%

804.6

+16.9%

409.9

+27.6%

181.8

142.5

684.0

350.6

9MFY24

9MFY25

9MFY24

9MFY25

9MFY24

9MFY25

+27.4%

164.7

209.9

11.2

-16.1%

+31.9%

120.6

9.4

91.4

e u n e v e R

T I B E

9MFY24

9MFY25

9MFY24

9MFY25

9MFY24

9MFY25

Earning Presentation

5

Business Vertical - Broking, Distribution & Trading

Key Highlights:

Segment Revenue* (INR Crs)

Broking DP AUA (INR Crs)

• Our expansive network

includes 2,270 authorized persons, spanning 437 cities and 6,850 financial distributors across India.

• SMC has a strategic alliance with 7 PSU and Private Banks offering Online Trading services to its portal their customers www.smctradeonline.com.

through

• SMC has 3-in-1 Tie-ups (Bank & Demat Account facility provided by the bank to its customer and Trading account facility will be provided by the SMC).

9M-FY25 Revenue Pie (%)

42%

58%

771.9

767.8

804.6

961.9

1,42,816

78,635

49,564

52,700

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

*includes other income

Broking Clients* (in Thousands)

Online Penetration

1,057

1,148

930

779

43%

57%

41%

59%

39%

61%

38%

62%

Broking, Distribution & Trading

Others

FY22

FY23

FY24

9MFY25

*Including StoxKart

FY22

FY23

Online

FY24 Offline

9MFY25

Earning Presentation

6

Business Vertical - Insurance Broking

Key Highlights:

• SMC Insurance operates through 7 branches

nationwide.

• The company has a workforce of 530

employees.

• Utilizes a network of 15,959 Point of Sales

(POSs).

• Engages 343 Motor Providers (MISPs).

Insurance Service

• Comprehensive national coverage with a robust presence in Tier-1 and Tier-2 cities, leveraging the extensive SMC Group's customer network.

• Our online portal, www.smcinsurance.com, is developed to cater to both B2B and B2C networks, featuring advanced Artificial Intelligence capabilities.

Insurance Gross Premium (INR Crs)

Segment Revenue* (INR Crs.)

2,717

2,884

2,084

2,078

528.3

409.9

348.2

276.0

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

9M-FY25 Revenue Pie (%)

8%

92%

General Insurance

Life Insurance

*Revenue recognition changed from net to gross basis from FY18.

No. of Policies (In Thousands)

958

996

802

743

FY22

FY23

FY24

9MFY25

Earning Presentation

7

Business Vertical - Financing (NBFC) - Middle Layer

Key Highlights:

In the year 2008, SMC started providing financing services through its wholly owned subsidiary, Moneywise Financial Services Pvt. Ltd. (SMC Finance). The company is dealing in wide spectrum of financial products like SME- LAP (Loan against property), SME-Onward-lending (to NBFC/MFI), SME Equipment finance (Medical & Industrial equipment), SMEWCTL (Unsecured business loans), Gold Loans, Loan against securities, Supply Chain financing and Micro- LAP (Loan against property). The company has 40 branches covering 10 States and 32 major cities.

Particulars

Gold Loan

CMF

Supply Chain Financing

Onward Lending

SME Assets

SME LAP SME WCTL Micro-LAP

Total

AUM (INR Crs.)

44.9

38.4

2.1

218.7

117.3

364.8

495.4

4.2

1,285.8

Tenure (Months)

6 to 12

3 to 6

12 to 36

24 to 36

60 to 120

120 to 180

12 to 36

36-120

Rate of Interest (Range in %)

10.0%- 24.0%

11.5%- 18.0%

18.0%- 20.0%

14.5%- 16.5%

11.5%- 15.5%

12.0%- 18.0%

14.0%- 22.0%

17.0%- 20.0%

No. of Clients

3,907

37

3

75

54

158

2,634

41

6,909

% Of Lending Portfolio

3.5%

3.0%

0.2%

17.0%

9.1%

28.4%

38.5%

0.3%

100.0%

Segment Revenue (INR Crs)

205.7

181.8

131.9

98.5

FY22

FY23

FY24

9MFY25

9M-FY25 Lending Portfolio

3.5%

0.3%

28.4%

0.2%

9.1%

17.0%

3.0%

38.5%

SME-Loan Against Property (LAP) Capial Market Funding (CMF) SME-Asset Finance Gold Loan

SME-Working Capital Term Loan (WCTL) Onward Lending Supply Chain Financing Micro LAP

Earning Presentation

8

About Us

Quarterly Financial Performance

Consolidated Income Statement

Particulars (INR Crs)

Q3-FY25

Q3-FY24

Operational Income

Total Expenses

EBITDA

455.5

343.7

111.8

427.9

314.6

113.3

Y-o-Y

6.5%

(1.3%)

Q2-FY25

450.8

332.6

118.2

Q-o-Q

1.0%

(5.4%)

9M-FY25

9M-FY24

Y-o-Y

1,354.3

1,128.8

20.0%

998.9

355.4

842.9

285.9

EBITDA Margins (%)

24.5%

26.5%

(200 Bps)

26.2%

(170 Bps)

26.2%

25.3%

Other Income

Depreciation

Interest

Share of (loss) in joint venture

PBT

Tax

Profit After tax

2.5

7.5

51.0

0.0

55.8

11.9

43.9

2.7

8.5

40.3

0.0

67.2

15.2

52.0

(17.0%)

(15.6%)

1.8

6.9

52.1

0.0

61.0

15.4

45.6

6.6

22.1

154.0

0.0

185.9

43.2

142.7

5.7

24.4

108.1

0.0

159.1

37.1

122.0

(8.5%)

(3.7%)

24.3%

90 Bps

16.8%

17.0%

PAT Margins (%)

9.6%

12.2%

(260 Bps)

10.1%

(50 Bps)

10.5%

10.8%

(30 Bps)

Other Comprehensive Income

Total Comprehensive Income

Basic & Diluted EPS (INR)

1.8

45.7

4.17

0.2

52.2

4.93

0.3

45.9

4.33

2.0

144.7

13.56

1.2

123.2

11.58

Earning Presentation

10

Standalone Income Statement

Particulars (INR Crs)

Q3-FY25

Q3-FY24

Operational Income

Total Expenses

EBITDA

222.8

166.1

56.7

215.6

144.8

70.8

Y-o-Y

3.3%

(19.9%)

Q2-FY25

Q-o-Q

9M-FY25

9M-FY24

Y-o-Y

255.0

(12.6%)

171.0

84.0

(32.5%)

725.3

503.9

221.4

602.8

421.8

181.0

20.3%

22.3%

EBITDA Margins (%)

25.4%

32.8%

(740 Bps)

32.9%

(750 Bps)

30.5%

30.0%

50 Bps

Other Income

Depreciation

Interest

PBT

Tax

Profit After tax

1.7

5.6

32.6

20.2

4.7

15.5

5.1

6.4

24.5

45.0

10.3

34.7

(55.1%)

(55.3%)

2.1

5.3

34.4

46.5

11.5

35.0

18.5

16.7

99.5

(56.6%)

123.7

(55.7%)

27.0

96.7

29.4

18.6

65.0

126.8

25.1

101.7

(2.4%)

(4.9%)

PAT Margins (%)

7.0%

16.1%

(910 Bps)

13.7%

(670 Bps)

13.3%

16.9%

(360 Bps)

Other Comprehensive Income

Total Comprehensive Income

Basic & Diluted EPS (INR)

0.0

15.5

1.48

-0.1

34.6

3.31

0.0

35.0

3.34

-0.1

96.6

9.23

-0.2

101.5

9.71

Earning Presentation

11

9M-FY25 Assets Under Management

Broking DP AUA (INR Crs)

Mutual Funds AUM (INR Crs)

1,42,816

4,347

3,801

3,080

2,992

78,635

49,564

52,700

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

Wealth AUM/AUA (INR Crs)

NBFC AUM (INR Crs)

1,030

908

540

610

1,237

1,286

900

690

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

Earning Presentation

12

Key Business Trends – Broking & Insurance

Broking

Broking Clients* (in Thousands)

Average Daily Turnover In Broking (In Cr)

StoxKart Clients (in Thousands)

930

779

1,057

1,148

2,91,063

2,82,580

240

259

194

1,41,034

106

1,98,645

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

*including StoxKart

Insurance

Insurance Policies Issued (In Thousands)

Point Of Sales (POS)

Insurance Gross Premium (INR Crs)

958

996

802

743

13,672

12,000

15,308

15,959

2,717

2,884

2,084

2,078

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

Earning Presentation

13

9M-FY25 Financing (NBFC) Business in numbers

AUM* INR 1,285.8 Crs

Total Income INR 181.8 Crs

Net Worth INR 482.8 Crs

NNPA % 1.16%

ROTA % 4.89%

OPEX to AUM 4.72%

Cumulative Loans Disbursed INR 36 Bn+

Total Borrowings/ Leverage Ratio INR 773.0 Crs / 1.60x

Cost of Borrowing / Spread 10.14% / 3.69%

Credit Cost-ANR / PCR** 1.15% / 49.5%

Secured Loans 64.96%

Collection Efficiency 96%

117 Channel Partners 40 Branches

Employees 458

Number of lenders 29

* Includes off books AUM ** ANR-Average Net Receivables, PCR-Provision Coverage Ratio

Earning Presentation

14

Key Business Trends – Financing (NBFC)

9M-FY25 Lending Portfolio

Disbursements (INR Crs)

NII (INR Crs) & NIM (%)

3.5% 0.3% 9.1% 0.2%

28.4%

17.0%

3.0%

38.5%

906.6

774.0

514.8

437.0

63.6

10.0%

78.4

9.9%

88.2

8.2%

67.2

7.1%

SME-Loan Against Property (LAP) Capial Market Funding (CMF) SME-Asset Finance Gold Loan

SME-Working Capital Term Loan (WCTL) Onward Lending Supply Chain Financing Micro LAP

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

GNPA % & NNPA %

CRAR %

PAT (INR Crs)

2.83%

1.99%

2.27%

2.18%

2.27%

51%

40%

35%

38%

1.16%

1.44%

1.05%

56.0

48.3

36.1

22.4

FY22

FY23

GNPA%

FY24

NNPA %

9MFY25

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

Earning Presentation

15

About Us SMC Global Securities

SMC at a Glance

5 Year PAT CAGR 20.28%

5 Year Revenue CAGR 16.83%

NBFC AUM INR 1,285.8 Crs

Debt/Equity 1.41x

Consolidated Net worth

INR 1,227.1 Crs

Branches Across India 205 Including 1 in Dubai

Cities Covered 437

Employees 4,177

Authorised Persons 2,270

Network of Financial Distributors 6,850

Client Demat A/Cs 11,46,861

Clearing & Settlement trading members 343

Cumulative AUM/AUA under Mutual Funds INR 4,347 Crs

Running SIPs 86,220

Insurance Policies sold 9M FY25 7,42,969

Ratings: Short Term- ICRA A1+ Long Term- ICRA A (STABLE) CRISIL A (STABLE)

Insurance Premium 9M FY25 INR 2,078 Crs

SMC Group

Earning Presentation

17

Evolution from Traditional Broking to well diversified Financial Service Company

Founded in 1994 by Mr. Subhash C. Aggarwal and Mr. Mahesh C. Gupta, initially focusing on traditional broking services.

Strategic Shift: Transformed from traditional broking to a diversified financial services powerhouse.

Technological Integration: Launched various innovative digital technology-enabled capabilities and best-in-class products and services

Performance Metrics: Consistent growth; diversified income streams.

Future Outlook: Global aspirations; emphasis on fee-based income; continued adaptation and innovation.

Brokerage Services

Investment Banking

Wealth Management

Discount Broking (StoxKart)

Financing (NBFC)

Expanded Service Offerings

Insurance Broking

Clearing & Depository Services

Portfolio Management Service

Distribution Of Financial Products

Gift City IFSC

Arbitrage & HFT Prop. Trading

“SMC Group has solidified its technology foundation, ensuring strength”

Earning Presentation

18

Organizational Structure

Moneywise Financial Services Private Limited - 100%

Financing (NBFC) Business

Moneywise Finvest Limited (StoxKart) - 100%

Discount Brokerage

SMC Insurance Brokers Private Limited - 90%

Insurance Broking Services

SMC Real Estate Advisors Private Limited - 100%

Real Estate Advisory

SMC Capitals Limited – 100%

Category-1 Merchant Banker

SMC Global Securities Limited Broking | Distribution | PMS | Arbitrage & Prop Trading | Wealth Management

SMC Global IFSC Private Limited – 100%

SMC Investments & Advisors Limited – 100%

Stockbroker & Clearing Member at Gift City

Advisory

SMC Comex International DMCC (UAE) 100%

Commodity Trading

Pulin Comtrade Limited – 100%

Commodity Business

Earning Presentation

19

Business Structure

Equity, Commodity, Currency & Full-Service Broking

Investment Banking

Discount Broking

Clearing Services

MTF

Fixed Income

Proprietary Trading

Wealth Management

Portfolio Management

Institutional Broking

Real Estate / Mortgage Advisory

Research Services

Financial Products Distribution

SME – Loan Against Property (LAP)

SME – Working Capital Term Loan (WCTL)

SME-Asset Finance

Supply Chain Financing

Capital Market Funding (CMF)

Gold Loan

9MFY25 Revenue Pie (%)

13%

Insurance Broking

29%

58%

Life Insurance

General Insurance

Earning Presentation

20

Expert Leadership

Experienced Management Team with Focused Business Heads

Mr. Subhash C. Aggarwal Chairman & Managing Director, SMC Group

Mr. Mahesh C. Gupta Vice Chairman and Managing Director, SMC Group

Dr. D. K. Aggarwal

Mr. Himanshu Gupta

Mr. Pranay Agarwal

Mr. Ajay Garg

Ms. Shruti Aggarwal

CMD-SMC Investments and Advisors Ltd. CMD-SMC Capitals Ltd. Chairman & Director-SMC Real Estate Advisors Private Ltd. Chairman & Director-Pulin Comtrade Ltd.

Director & CEO- Moneywise Financial Services Private Ltd. Director-SMC Global Securities Ltd., Director- Pulin Comtrade Ltd.

Director & CEO - Moneywise Finvest Ltd. (StoxKart) Director - Moneywise Financial Services Pvt. Ltd.

Director & CEO – SMC Global Securities Ltd. MD- SMC Global IFSC Pvt. Ltd. Director - SMC Insurance Brokers Pvt. Ltd.

Whole Time Director- SMC Global Securities Limited, Director- SMC Global IFSC Private Limited

Mr. Anurag Bansal

Mr. Ayush Agarwal

Ms. Akanksha Gupta Ms. Anshika Aggarwal

Ms. Shweta Aggarwal

Whole Time Director- SMC Global Securities Ltd., Whole Time Director-SMC Capitals Ltd..

CIO - SMC Private wealth Director - SMC Real Estate Advisors Private Ltd. Director - Moneywise Finvest Ltd.

Whole Time Director - SMC Insurance Brokers Pvt. Ltd., Director- SMC Global IFSC Pvt. Ltd., Director- Pulin Comtrade Limited

Director- SMC Investment and Advisors Ltd., Whole Time Director- SMC Real Estate Advisors Pvt. Ltd.

Non-Executive Director – SMC Capitals Ltd.

Earning Presentation

21

Experienced Management Team with Focused Business Heads

Ms. Aditi Aggarwal Director - Moneywise Finvest Limited

Ms. Reema Garg Group Chief Human Resource Officer Director – Moneywise Finvest Ltd.

Mr. Pravin K. Agarwal Whole-Time Director- SMC Insurance Brokers Pvt. Ltd.

Mr. Vinod Kumar Jamar President & Group Chief Financial Officer

Mr. Abhishek Chawla Group Chief Product & Technology Officer

Mr. Suman Kumar E.V.P (Corporate Affairs & Legal), CS & General Counsel

Mrs. Nidhi Bansal Regional Director - West

Earning Presentation

22

Key Strengths

Comprehensive Financial Offerings with High Margin Business:

SMC offers a diverse range of high-margin financial products under one roof

Strong Broking & Distribution Network:

Over 2,270 Authorized persons, spanning 437 cities and 6,850 financial distributors across India

Fintech Focused Approach

Leveraging advanced digital technology, SMC offers cutting-edge products and services

Enhance distribution by cross-selling financial products and services:

Synergies and cross-selling opportunities generated between entities within SMC group companies.

Established National Brand:

Well established and deeply penetrated national brand with strong reputation and good recall

Extensive Corporate Relationships:

Partnerships with trading members, corporate clients across different segments, and authorized persons and financial distributors.

Strategic Alliances with various Banks and 3-in-1 tie- ups, where customers can benefit from seamless integration of bank, demat, and trading account facilities.

SMC is a clearing member in all major exchanges

Experienced Leadership

Top Management of SMC has Over 30 Years of experience in industry

Earning Presentation

23

About Us

Historical Financial Performance

Historical Consolidated Income Statement

Particulars (INR Crs)

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)

FY22

1,116.9

821.8

295.1

26.4%

3.9

20.1

57.5

0.0

221.4

46.8

174.6

15.6%

1.6

176.2

15.43

FY23

1,211.6

941.7

269.9

22.3%

4.1

22.7

89.3

0.0

162.0

41.6

120.4

9.9%

5.0

125.4

11.25

FY24

1,638.5

1,213.6

424.9

25.9%

6.5

32.1

154.9

0.0

244.5

56.2

188.3

11.5%

0.8

189.1

17.89

9M-FY25

1,354.3

998.9

355.4

26.2%

6.6

22.1

154.0

0.0

185.9

43.2

142.7

10.5%

2.0

144.7

13.56

Earning Presentation

25

Historical Standalone Income Statement

Particulars (INR Crs)

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)

FY22

669.9

450.3

219.6

32.8%

14.2

14.4

37.2

182.2

37.6

144.6

21.6%

(0.2)

144.4

12.78

FY23

679.2

497.0

182.1

26.8%

13.7

17.0

58.8

119.9

26.5

93.4

13.7%

(0.3)

93.1

8.72

FY24

853.1

584.6

268.5

31.5%

30.7

24.1

95.2

179.9

38.9

141.0

16.5%

(0.1)

140.9

13.47

9M-FY25

725.3

503.9

221.4

30.5%

18.5

16.7

99.5

123.7

27.0

96.7

13.3%

-0.1

96.6

9.23

Earning Presentation

26

Consolidated Balance Sheet

Particulars (INR Crs) ASSETS Non-Financial Assets Inventories Current tax assets (net) Deferred tax assets (net) Investment property under development Property, plant and equipment Capital work - in - progress Right of use assets Investment Property ROU Asset Other intangible assets Intangible assets under development Other non-financial assets Assets held for sale Sub-Total Non-Financial Assets Financial Assets Cash and cash equivalents Other Bank balance Derivative financial instruments Securities for trade Receivables Loans Investments Other financial assets Sub-Total Financial Assets TOTAL ASSETS

Mar-23

Mar-24

Sept-24

Particulars (INR Crs)

Mar-23

Mar-24

Sept-24

5.2 29.0 30.4 1.8 89.5 8.9 35.5 2.9 1.1 - 21.7 2.4 228.4

32.4 1,427.5 55.4 26.0 390.4 1,088.2 31.0 27.7 3,078.6 3,307.0

6.5 16.5 32.2 4.5 84.5 26.8 44.0 - 2.4 0.6 24.0 2.4 244.5

128.1 2,230.4 25.8 54.4 531.7 1,372.0 70.3 89.4 4,502.1 4,746.6

3.9 16.6 31.9 5.0 83.1 37.5 42.3 - 2.3 0.8 27.8 2.4 253.6

225.3 2,107.3 41.2 45.3 805.7 1,373.4 31.6 324.2 4,953.9 5,207.6

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

Derivative Financial Instruments

Trade Payables

Lease Liabilities

Debt Securities

Borrowings

Other Financial Liabilities

Sub-Total Financial Liabilities

Sub-Total Liabilities

TOTAL EQUITY AND LIABILITIES

20.9

911.8

2.4

935.1

4.3

29.4

29.5

63.2

55.9

474.0

36.2

63.7

844.0

835.0

2,308.7

2,371.9

3,307.0

20.9

20.9

1,074.8

1,160.8

2.2

2.1

1,097.9

1,183.9

7.6

35.8

37.7

81.0

28.1

829.4

46.0

39.7

1,381.1

1,243.3

3,567.6

3,648.6

4,746.6

7.5

41.3

25.8

74.6

21.0

1,041.5

44.4

117.0

1,402.5

1,322.7

3,949.1

4,023.7

5,207.6

Earning Presentation

27

Standalone Balance Sheet

Particulars (INR Crs)

Mar-23

Mar-24

Sept-24

Particulars (INR Crs )

Mar-23

Mar-24

Sept-24

ASSETS

Non-Financial Assets

Inventories

Current tax assets (net)

Deferred tax assets (net)

Property, plant and equipment

Right of use assets

Investment Property ROU Asset

Capital work - in - progress

Other intangible assets

Intangible assets under development

Other non-financial assets

Sub-Total Non-financial Assets

Financial Assets Cash and cash equivalent

Other Bank balance

Derivative financial instruments

Securities for trade

Receivables

Loans

Investments

Other financial assets

Sub-Total Financial Assets

TOTAL ASSETS

0.2

10.6

10.4

80.7

17.7

7.6

8.9

1.1

1.3

14.1

152.5

20.4

1,347.2

55.4

25.4

310.6

188.7

394.8

12.1

-

2.0

11.8

76.8

19.8

7.0

26.8

1.6

0.6

8.4

154.7

52.9

2,171.9

25.8

25.4

450.2

236.0

376.5

117.8

-

0.1

11.8

75.9

19.1

6.7

37.5

1.6

0.7

11.7

164.9

84.7

2,077.3

41.1

30.7

680.6

226.7

394.0

296.2

EQUITY AND LIABILITIES

Equity

Share Capital

Other Equity

Total Equity

Non-Financial Liabilities

Provisions

Other non-financial liabilities

Current tax liabilities (net)

20.9

747.1

768.0

-

19.3

19.3

1.6

20.9

862.9

883.8

-

24.0

20.1

2.3

Sub-Total Non-Financial Liabilities

40.2

46.3

Financial Liabilities

Derivative financial instruments

Trade Payables

Lease Liabilities

Debt Securities

Borrowings

Other Financial Liabilities

55.9

376.6

25.2

-

384.6

856.7

28.1

715.2

27.7

-

642.5

746.0

1,267.7

1,326.8

Sub-Total Financial Liabilities

1,699.1

2,681.2

2,994.1

20.9

931.4

952.3

27.9

17.2

4.5

49.6

21.0

775.1

26.5

98.8

2,354.8

2,507.3

3,456.7

3,611.4

3,831.2

3,996.1

Sub-Total Liabilities

1,739.3

2,727.6

3,043.7

TOTAL EQUITY AND LIABILITIES

2,507.3

3,611.4

3,996.1

Earning Presentation

28

Historical Consolidated Financial Performance

Revenue (INR Crs)

EBITDA (INR Crs) & EBITDA Margin (%)

PAT (INR Crs) & PAT MARGIN (%)

1,638.5

1,354.3

1,116.9

1,211.6

424.9

355.4

25.9%

26.2%

295.1

26.4%

269.9

22.3%

188.3

142.7

174.6

15.6%

120.4

11.7%

9.9% 15.6%

11.5%

9.9%

10.5% 11.9%

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

9MFY25

Net Worth (INR Crs)

926.1

932.7

1,227.1

1,095.7

18.8%

ROE %

13.0%

18.6%

19.7%

ROCE %

15.6%

18.5%

FY22

FY23

FY24

9MFY25

FY22

FY23

FY24

FY22

FY23

FY24

Earning Presentation

29

Disclaimer

SMC Global Securities Limited 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 from the actual 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 in India. 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.

Earning Presentation

30

About UsThank You

Company Details:

Investor Relations Partner:

SMC Global Securities Ltd.

X-B4 Advisory LLP

Vinod Kumar Jamar Chief Financial Officer vinodjamar@smcindiaonline.com www.smcindiaonline.com

Rasika Sawant: +91 95944 57518 rasika@x-b4.com Gautam Kothari: +91 79776 16640 gautam@x-b4.com www.x-b4.com

31

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