SMC Global Securities Limited Approves Q2 Results and Outlines Plan for Massive Non-Convertible Debenture Issuance

SMC Global Securities Limited Approves Q2 Results and Outlines Plan for Massive Non-Convertible Debenture Issuance​

SMC Global Securities Limited has announced the outcome of its Board Meeting held on July 26, 2026, approving the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also presented a proposal to raise funds through a significant public issue of Non-Convertible Debentures (NCDs).

The Board meeting reviewed the Q2 results alongside a Limited Review Report. In addition to reviewing performance, the Directors considered and approved the framework for raising capital via NCDs.

Capital Raise Proposal Details​

SMC Global Securities has planned a substantial funding initiative through a public issue of secured, rated, listed, redeemable, non-convertible debentures (NCDs). The Issue aims to raise funds up to an aggregate amount of Rs. 15,00,000 lakhs. This is structured from a Base Issue Size of up to Rs. 7,500 lakhs, with provision for a Green Shoe Option covering the remainder.

The company confirmed that it maintains adequate security cover, specifically stating that all secured NCDs issued are fully covered by a pari-passu charge created over all present and future Trade Receivables and Margin Trading Facility (MTF) Receivables of the company. The required minimum security cover is 110% of the outstanding principal amount of the NCDs and interest due and payable thereon, which SMC Global Securities reported maintaining as of June 30, 2026.

Consolidated Financial Performance Highlights​

The unaudited consolidated financial results for the quarter ended June 30, 2026, showed strong profitability across various segments. The company's Group maintained diversified operational activities across multiple subsidiaries, including those involved in broking, investment advisory, and commodity trading.

Key figures from the consolidated results are as follows (in Lakhs):

Standalone Financial Performance​

Reviewing the unaudited standalone results for the quarter ended June 30, 2026, SMC Global Securities showed robust income generation through operations and investment gains.

Key figures from the standalone results are as follows (in Lakhs):

Financial Strength and Compliance​

The company's operational health was also reviewed through key financial metrics. The standalone results revealed a Net Profit Margin of 9.19% for the quarter ended June 30, 2026, while the operating margin stood at 8.40%.

The Independent Auditors' Review Report on the Unaudited Standalone Financial Results confirmed that nothing had come to their attention that suggested a material misstatement in the accompanying Statement prepared as per Indian Accounting Standard 34 (Ind AS 34).

In addition, an independent audit of book values of assets and compliance with covenants for secured NCDs found that the company maintained all required security cover and complied with all other affirmative, informative, and negative financial covenants as at June 30, 2026.

SMCGLOBAL Stock Price Movement​

SMC Global Securities Limited shares shed 3.36% on Friday, settling at ₹75.46 after trading significantly weaker throughout the session. The equity saw substantial activity during the closing hours, with a volume recorded at 287,924.