SMC Global Securities (NSE:SMCGLOBAL) EBIT: ₹3,560 Mil (TTM As of Mar. 2026)


NSE:SMCGLOBAL SMC Global Securities Ltd NSE:SMCGLOBAL
71 GF Score
Price ₹72.27
GF Value ₹69.55
Valuation Fairly Valued
! 6 Warning Signs
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What is SMC Global Securities EBIT?

SMC Global Securities NSE:SMCGLOBAL -1.32% 71 EBIT is ₹3,560 Mil as of Mar. 2026. GuruFocus rates NSE:SMCGLOBAL with a GF Score™ of 71/100 and a GF Value™ of ₹69.55 (Fairly Valued). The stock has 6 warning signs investors should review.

SMC Global Securities's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹866 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3,560 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SMC Global Securities's annualized ROC % for the quarter that ended in Mar. 2026 was 6.70%. SMC Global Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 181.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SMC Global Securities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 37.99%.


SMC Global Securities  (NSE:SMCGLOBAL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

SMC Global Securities's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3296.54 * ( 1 - 26.79% )/( (0 + 36040.258)/ 1 )
=2413.396934/36040.258
=6.70 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=57436.373 - 11448.809 - ( 26148.818 - max(0, 33865.803 - 43813.109+26148.818))
=36040.258

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

SMC Global Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3463.684/( ( (0 + max(0, 0)) + (1903.513 + max(-13220.754, 0)) )/ 1 )
=3463.684/( ( 0 + 1903.513 )/ 1 )
=3463.684/1903.513
=181.96 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7270.682 + 46.265 + 495.604) - (11448.809 + 0 + 9584.496)
=-13220.754

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

SMC Global Securities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=3560.135/9372.093
=37.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SMC Global Securities EBIT Related Terms


SMC Global Securities EBIT Historical Data

* Premium members only.

The historical data trend for SMC Global Securities's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SMC Global Securities EBIT Chart

SMC Global Securities Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 2,732.26 2,422.32 3,903.85 3,890.08 3,425.09

SMC Global Securities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 586.45 943.54 792.59 958.08 865.92

NSE:SMCGLOBAL vs MS, GS, SCHW: EBIT Comparison

For the Capital Markets subindustry, SMC Global Securities's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SMC Global Securities EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SMC Global Securities's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SMC Global Securities's EV-to-EBIT falls into.


NSE:SMCGLOBAL
71GF Score
SMC Global Securities Ltd NSE:SMCGLOBAL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SMC Global Securities EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,560 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹3,560 Mil mean?
SMC Global Securities (NSE:SMCGLOBAL) has a EBIT of ₹3,560 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SMC Global Securities.
Is SMC Global Securities' EBIT too high?
SMC Global Securities' current EBIT is ₹3,560 Mil. Overall, SMC Global Securities has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SMC Global Securities' EBIT compare to MS and GS?
SMC Global Securities' EBIT of ₹3,560 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Capital Markets company?
A good EBIT depends on the Capital Markets industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SMC Global Securities. SMC Global Securities's current EBIT is ₹3,560 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMC Global Securities stock overvalued right now?
Based on GuruFocus' analysis, SMC Global Securities (NSE:SMCGLOBAL) is currently considered Fairly Valued. The stock's GF Value™ is ₹69.55, compared to a current price of ₹72.27 — trading 3.9% above its estimated fair value. The current EBIT is ₹3,560 Mil. SMC Global Securities' overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For SMC Global Securities (NSE:SMCGLOBAL), the current EBIT is ₹3,560 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SMC Global Securities (NSE:SMCGLOBAL) Overvalued in 2026?

Based on GuruFocus' analysis, SMC Global Securities stock appears to be overvalued. The current stock price of ₹72.27 is trading 3.9% above its estimated GF Value™ of ₹69.55. GuruFocus considers SMC Global Securities to be Fairly Valued.

Key valuation signals for NSE:SMCGLOBAL:

  • EBIT: ₹3,560 Mil
  • GF Value™: ₹69.55 vs. price of ₹72.27 (3.9% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the NSE:SMCGLOBAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SMC Global Securities Business Description

Other Exchanges 543263:India
Address Pusa Road, 11/6-B, Shanti Chamber, New Delhi, IND, 110005
SMC Global Securities Ltd is a diversified financial services company in India. It provides broking, distribution and trading services, including brokerage services in equity, derivative, commodity and currency segments on stock exchanges in India and abroad, clearing services, depository participant services, fund management, wealth management, distribution of financial products such as mutual funds and initial public offerings, financing, mortgage and loan advisory, real estate brokerage, and investment banking services for middle-class to high-net-worth individuals. Its primary business segments are Broking, Distribution and Trading, Insurance Broking Services, and Financing Activities. The company generates the majority of its revenue from the Broking, Distribution and Trading segment.
71GF Score

Get the complete analysis for NSE:SMCGLOBAL

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹72.27
Price
₹69.55
GF Value