February 26, 2015 8:22 PM ET

Capital Markets

Company Overview of SMC Global Securities Ltd.

Company Overview

SMC Global Securities Limited, together with its subsidiaries, provides financial services and investment solutions in India. The company operates through Capital Market, Insurance Broking Services, Wealth Management Services, and Financing Activities segments. It offers equity and commodity broking, currency, depository, and institutional broking services; and loan against securities of shares, as well as provides clearing and settlement services in various stock exchanges. The company also provides distribution services of initial public offerings (IPOs), mutual funds, public issues, company fixed deposits, bonds, and acquisitions and mergers; and retail application financing in IPOs, furt...

11/6B, Shanti Chamber

Pusa Road

New Delhi,  110005

India

Founded in 1994

2,400 Employees

Phone:

91 11 3011 1000

Fax:

91 11 2575 4365

Key Executives for SMC Global Securities Ltd.

Founder, Chairman, Managing Director, Chairman of Borrowings, Investment & Loans Committee, Chairman of Operational Decision Making Committee, Chairman of Corporate Social Responsibility (CSR) Committee and Member of Public Issue & Listing Committee
Age: 58
Founder, Vice Chairman, Managing Director, Vice Chairman of Corporate Social Responsibility (CSR) Committee, Member of Operational Decision Making Committee, Member of Borrowings, Investment & Loans Committee, Member of Public Issue & Listing Committee, Chairman of SMC Capital Ltd, Chairman of SMC Comtrade Ltd, Chairman of SMC Insurance Brokers Private Ltd and Chairman of SMC Comex International Ltd
Age: 57
Chief Financial Officer
Age: 52
Chairman of SMC Comtrade Ltd., Managing Director of SMC Comtrage Ltd., Managing Director of SMC Capitals Ltd. and Joint Managing Director of SMC Wealth Management Services Ltd.
Age: 52
Whole-Time Director
Age: 40
Compensation as of Fiscal Year 2014.

SMC Global Securities Ltd. Key Developments

SMC Global Securities Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

SMC Global Securities Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported total revenues of INR 899,816,000 against INR 704,881,000 a year ago. Operating income was INR 176,142,000 compared to INR 67,666,000 a year ago. Income before income taxes was INR 176,142,000 compared to INR 67,666,000 a year ago. Net income was INR 122,523,000 against INR 58,995,000 a year ago. Diluted earnings per share were INR 1.08 against INR 0.50 a year ago. For the nine months, the company reported total revenues of INR 2,784,756,000 against INR 2,267,400,000 a year ago. Income before income taxes was INR 534,953,000 against INR 243,175,000 a year ago. Net income was INR 373,935,000 against INR 189,473,000 a year ago. Diluted earnings per share were INR 3.30 against INR 1.61 a year ago. Operating income was INR 534,953,000 against INR 243,175,000 a year ago. Net cash from operating activities was INR 250,046,000 against net cash outflow from operating activities of INR 112,548,000 a year ago. Purchase of property and equipment was INR 62,355,000 against INR 16,773,000 a year ago.

SMC Global Securities Ltd. Proposes Dividend for the Year Ended March 31, 2014

The Board of Directors of SMC Global Securities Ltd. has proposed a dividend of 12% that is INR 0.24 per equity share of INR 2 each amounting to 27,152 for its equity shareholders for the year ended March 31, 2014. The same is subject to approval of shareholders in AGM which is expected to be held on or before September 30, 2014.

SMC Global Securities Ltd. Reports Unaudited Consolidated Earnings Results for the Year Ended March 31, 2014

SMC Global Securities Ltd. reported unaudited consolidated earnings results for the year ended March 31, 2014. For the period, the company reported total revenues of INR 2,887,441,000 against INR 2,924,177,000 a year ago. Operating loss was INR 92,612,000 against income of INR 192,951,000 a year ago. Loss before extra ordinary gain and income taxes was INR 105,817,000 against income of INR 192,951,000 a year ago. Net loss attributable to company was INR 55,278,000 against income of INR 173,676,000 a year ago. Diluted loss per share was INR 5.05 against INR 1.57 earnings per share a year ago. Net cash used in operating activities was INR 780,705,000 against net cash generated from operating activities was INR 1,197,569,000 a year ago. Purchase of property and equipment was INR 55,791,000 against INR 50,571,000 a year ago.

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