The evidence leans constructive4 supporting, 2 against, 0 worth knowing
Supporting
trading 12% above its 200-day average
up 19% over twelve months
3 independent kinds of evidence agree today, which is uncommon
revenue grew 15% year on year in the quarter ending 2026-06-30
Against
1 of the scans it matches has historically underperformed the market
net margin has narrowed from 9.6% to 7.1% across four quarters
Worth knowing
nothing the data supports either way
What would change this read: a close below 73, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working1
Revenue +14.3% year on year, Rs 451 cr to Rs 515 cr.
+14.3%Rs 451 crRs 515 cr
Needs watching3
Operating cash flow was only Rs -73 cr against Rs 133 cr of reported profit, -55% of it.
Rs -73 crRs 133 cr-55%
Profit fell year on year in all 4 of the last 4 quarters.
4
Profit grew slower than revenue, -19.5% against +14.3%.
-19.5%+14.3%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
7 of 47 matched on 2026-08-21
SMCGLOBAL matches 7 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
SMCGLOBAL reports 3 business segments. The largest is Broking, distribution and trading at 60% of revenue in the quarter ending 2026-06-30.
SegmentRevenueSharevs a year ago
Broking, distribution and trading316 cr59.7%—
Insurance broking services167 cr31.6%—
Financing activities46 cr8.8%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
10.2%
trailing profit over shareholders’ funds
Return on capital
13.1%
pre-tax profit over equity plus borrowings
Debt to equity
0.00×
0 cr borrowed against 1,304 cr of equity
Net debt
153 cr
cash exceeds borrowings
Cash conversion
-55%
operating cash flow as a share of profit
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 2024-09-06
6×
median 7×
12×
now 13×
SMCGLOBAL trades at 13× trailing earnings, above its median of 7× over this window — 75% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · Results filings were typically -0.52pt vs the market over the next 5 sessions (n=7,520)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 15% against the same quarter a year earlier
net margin widened from 4.2% to 7.1%
revenue rose in 3 of the last 4 quarters
Going against it
profit dropped 31% year on year
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
515
47
37
1.75
7.1%
Q4 FY26
2026-03-31 · consolidated
517
29
21
1.01
4.2%
Q3 FY26
2025-12-31 · consolidated
495
39
31
1.46
6.2%
Q3 FY25
2024-12-31 · consolidated
455
56
44
4.17
9.6%
Q2 FY25
2024-09-30 · consolidated
451
61
46
4.33
10.1%
Q1 FY25
2024-06-30 · consolidated
448
69
53
5.06
11.9%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+5.9%
Versus 200-day average+11.6%
Below 52-week high-11.9%
Above 52-week low+45.9%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)60.4
Higher closes in last 53 of 5
Six-month return+3.56%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.