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Smc Global Securities Posts Strong Q4 and Fy26 Performance

SMC Global Securities Limited reports a strong Q4 and FY26 performance, highlighting revenue growth and strategic initiatives.

seema chauhan author

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Smc Global Securities Posts Strong Q4 and Fy26 Performance - TradeAlone

SMC Global Securities Limited showcased a robust Q4 and FY26 performance, driven by strategic initiatives and market normalization. The company reported a consolidated revenue of INR 516.9 crores, marking a 22.6% year-on-year increase.

Revenue and Profitability

The EBITDA stood at INR 89.7 crores, up 42.4% YoY, while the PAT surged by 424.4% to INR 21.5 crores. Despite the growth, FY26 profitability faced challenges due to softer derivatives activity and regulatory changes in the F&O segment.

Segmental Performance

Insurance broking emerged as a key growth driver, supporting diversification and offsetting softness in core broking revenues. The segment’s contribution to overall revenue increased significantly, reflecting the company’s strategic shift towards diversified income streams.

As a result, SMC Global Securities Limited continues to strengthen its position in the financial services sector, focusing on innovation and global aspirations.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of SMC Global Securities Limited

SMC Global Securities Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

SMCGLOBAL
Financial Services › Capital Markets
BREAKOUT
48
Fundamental
96
Technical
72
Overall

1W -5.04%
1M +36.66%
3M +34.82%
P/E: 22.6 Cap: Small
AI-Powered Analysis • TradeAlone
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SMC falls 15.1% over three months and has not found a floor yet. Thin margins at 5.4% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. Sellers drive 1.8x the volume of buyers. Furthermore, they controlled 13 of recent sessions versus 17 for buyers — a clear distribution signal. Revenue grows at 14.7% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range.

ANGELONE

Angel One Limited (NSE: Angelone) Q2 FY27: Revenue and PAT Surge, Client Funding Book Hits ₹74.5 Bn

Angel One Limited (NSE: ANGELONE) announced impressive Q2 FY27 results with revenue and PAT up, client funding book at ₹74.5 bn.

abhinav tiwari

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Angel One Limited NSE Q2 FY27 Results

Angel One Limited (NSE: ANGELONE) announced its unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2026. The company reported significant growth in gross revenues, earnings before debt, taxes, depreciation, and amortization (EBDAT), and profit after tax (PAT). Notably, the average client funding book reached a new high of ₹74.5 billion, up 40.5% year-on-year.

Revenue and Profit Surge

The company’s total gross revenues for Q2 FY27 stood at ₹14,007 million, marking an 18.5% year-on-year growth. The reported EBDAT was ₹5,194 million, showing a robust 50.1% YoY increase. The PAT for the quarter was ₹3,667 million, reflecting a 55.2% surge compared to the same period last year.

Client Engagement and Market Share

Angel One’s client engagement remained strong with the average daily orders reaching 5.8 million in September 2026. The company’s share in India’s demat accounts stood at 16.6%, and its retail equity derivatives turnover share increased to 22.1%, up 43 basis points year-on-year. The commodity turnover more than doubled, highlighting the diversified growth across different segments.

Looking Ahead

Mr. Ambarish Kenghe, Group CEO of Angel One, emphasized the company’s resilience and strategic investments. He noted, ‘With strong foundations, multiple growth engines, and a relentless focus on client outcomes, we are confident in our ability to create enduring value while contributing meaningfully to India’s financial future.’ Angel One continues to evolve into a broader financial services ecosystem, poised to deepen customer relationships across investing, borrowing, and wealth creation.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Angel One Limited

Angel One Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

ANGELONE
Financial Services › Capital Markets
APPROACHING RESISTANCE
58
Fundamental
72
Technical
65
Overall

1W +2.74%
1M +2.21%
3M -8.8%
P/E: 24.3 Cap: Large
AI-Powered Analysis • TradeAlone
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Angel posts a 3.8% three-month gain, but softens in the last few weeks. The PEG stands at 36.78 — severely stretched. Any earnings miss could trigger a sharp de-rating. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock gives back 3.9% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock rises 3.8% in three months on 20.3% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Angel One Limited.

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Capital Markets

Indian Energy Exchange Limited (IEX) Achieves 77.2 BU Electricity Traded Volume in H1 FY’27

Indian Energy Exchange Limited (IEX) reports 77.2 BU electricity traded volume, a 14.2% YOY growth in H1 FY’27.

jyoti sharma

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Indian Energy Exchange Limited (IEX) H1 FY’27 Electricity Traded Volume

Indian Energy Exchange Limited (IEX) has reported a significant achievement in the first half of fiscal year 2027, with a total electricity traded volume of 77.2 BU, marking a robust 14.2% year-on-year growth. This impressive performance highlights IEX’s continued leadership in India’s electricity market. The exchange achieved a volume of 32.5 BU in the Real-Time Market (RTM), reflecting a 16.5% increase compared to the same period last year.

Electricity Market Performance

In the second quarter of FY’27, IEX saw a traded volume of 39.7 BU, a 12.7% increase from the previous year. The Day-Ahead Market (DAM) registered a total volume of 14,855 MU, a marginal 2.2% year-on-year increase. The Real-Time Market (RTM) experienced a 10.5% growth, reaching 16,490 MU. Notably, the Day Ahead Contingency and Term-Ahead Market (TAM) saw a remarkable 101.5% year-on-year growth, trading 5,477 MU in Q2 FY’27.

September 2026 Highlights

In September 2026, IEX achieved a monthly electricity traded volume of 12.2 BU, an increase of 10.4% year-on-year. The RTM volume for the month was 5.3 BU, up by 10.6% compared to September 2025. The highest ever single-day volume of 315 MU was recorded in the RTM on September 26, 2026. This surge in trading activity is indicative of the strong power demand in the country.

As a result, the average market clearing price in the Day-Ahead Market increased by 46% to Rs 5.7/unit during Q2 FY’27, and in the Real-Time Market, it rose by 49% to Rs 5.2/unit. These price increases reflect the growing energy consumption and demand in India, which touched 502 BUs in Q2 FY’27, marking an 11.5% year-on-year growth.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Indian Energy Exchange Limited

Indian Energy Exchange Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

IEX
Financial Services › Capital Markets
CONSOLIDATING DOWN
76
Fundamental
40
Technical
58
Overall

1W +2.64%
1M -3.97%
3M -12.42%
P/E: 18.9 Cap: Mid
AI-Powered Analysis • TradeAlone
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Indian falls 14.8% over three months and has not found a floor yet. D/E stands at 0.01 with a 3.77% dividend yield. Furthermore, the business records zero revenue dips and zero loss quarters in five years — a fortress balance sheet. Industry-leading margins of 66.2% reflect exceptional pricing power and operational efficiency. RSI stands at 24, well into oversold territory. Yet sellers still dominated on 20 of recent sessions versus 8 for buyers, so the pressure has not fully lifted. Revenue grows at 15.4% and profits at 17.2% CAGR. However, the stock falls 14.8% in three months and RSI hits 24. The fundamentals argue for patience. The price action argues for caution. Your time horizon decides which wins. Check Fundamentals of Indian Energy Exchange Limited.

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Capital Markets

Sg Finserve Limited (sgfin) Announces Loan Book Growth of 98% Yoy for H1-fy27

SG Finserve Limited (SGFIN) reports a strong loan book growth of approximately INR 5,694 crores for H1-FY27, marking a 98% year-on-year increase.

Pranab Tyagi at TradeAlone

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Sg Finserve Limited SGFIN Loan Book H1 FY27

SG Finserve Limited (SGFIN) has announced its impressive financial performance for the first half of FY27. The company closed H1-FY27 with a loan book of approximately INR 5,694 crores, marking a robust year-on-year growth of ~98%.

Strong Year-on-Year Growth

The significant growth in the loan book is a testament to SGFIN’s strong business momentum. Compared to the same period last year, the loan book has expanded by a remarkable 98%. This growth reflects the company’s ability to leverage its extensive network and technological capabilities to provide tailored financing solutions to corporate and MSME customers.

Quarter-on-Quarter Growth

Moreover, SGFIN has demonstrated impressive quarter-on-quarter growth, with a ~25% increase in the loan book from June 30, 2026, to September 30, 2026. This consistent growth highlights the company’s capacity to attract and retain a growing customer base.

As a result, SG Finserve Limited continues to reinforce its position as a reliable and strong financial institution, with an AA-/Stable/A1+ rating from CRISIL and AA(CE)/Stable/A1+ rating from ICRA. The company remains committed to delivering exceptional financial services through its digital first, supply chain-focused approach.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of SG Finserve Limited

SG Finserve Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

SGFIN
Financial Services › Capital Markets
APPROACHING RESISTANCE
70
Fundamental
76
Technical
73
Overall

1W +0.1%
1M +9.46%
3M +7.22%
P/E: 27.5 Cap: Small
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

SG falls 8.6% over three months and has not found a floor yet. The PEG of 0.25 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. D/E of 1.37 is elevated. As a result, debt servicing will compress free cash flow in a high-rate environment. The stock holds at 70% of its 52-week range with RSI at 37. In other words, neither side has a clear edge right now. Revenue grows at 102.3% and profits at 90.7% CAGR, with D/E of 1.37. Meanwhile, the stock dips 8.6% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of SG Finserve Limited.

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