SMC Global Securities (NSE:SMCGLOBAL) Shares Outstanding (Basic Average): 209 Mil (As of Mar. 2026)


NSE:SMCGLOBAL SMC Global Securities Ltd NSE:SMCGLOBAL
71 GF Score
Price ₹72.27
GF Value ₹69.71
Valuation Fairly Valued
! 6 Warning Signs
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What is SMC Global Securities Shares Outstanding (Basic Average)?

SMC Global Securities NSE:SMCGLOBAL -1.32% 71 Shares Outstanding (Basic Average) is 209 Mil as of Mar. 2026. GuruFocus rates NSE:SMCGLOBAL with a GF Score™ of 71/100 and a GF Value™ of ₹69.71 (Fairly Valued). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. SMC Global Securities's average basic shares outstanding for the quarter that ended in Mar. 2026 was 209 Mil.


SMC Global Securities  (NSE:SMCGLOBAL) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


SMC Global Securities Shares Outstanding (Basic Average) Related Terms


SMC Global Securities Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for SMC Global Securities's Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) Chart

SMC Global Securities Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 226.27 214.07 209.40 209.40 209.40

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
Shares Outstanding (Basic Average) 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 207.06 209.40 209.73 209.16 208.74
NSE:SMCGLOBAL
71GF Score
SMC Global Securities Ltd NSE:SMCGLOBAL
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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SMC Global Securities Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 209 Mil mean?
SMC Global Securities (NSE:SMCGLOBAL) has a Shares Outstanding (Basic Average) of 209 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on SMC Global Securities and its competitors.
Is SMC Global Securities' Shares Outstanding (Basic Average) too high?
SMC Global Securities' current Shares Outstanding (Basic Average) is 209 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' Shares Outstanding (Basic Average) compare to MS and GS?
SMC Global Securities' Shares Outstanding (Basic Average) of 209 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 Shares Outstanding (Basic Average) for a Capital Markets company?
A good Shares Outstanding (Basic Average) depends on the Capital Markets industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on SMC Global Securities and its competitors. SMC Global Securities's current Shares Outstanding (Basic Average) is 209 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 ₹69.71, compared to a current price of ₹72.27 — trading 3.7% above its estimated fair value. The current Shares Outstanding (Basic Average) is 209 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 Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For SMC Global Securities (NSE:SMCGLOBAL), the current Shares Outstanding (Basic Average) is 209 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 3.7% above its estimated GF Value™ of ₹69.71. GuruFocus considers SMC Global Securities to be Fairly Valued.

Key valuation signals for NSE:SMCGLOBAL:

  • Shares Outstanding (Basic Average): 209 Mil
  • GF Value™: ₹69.71 vs. price of ₹72.27 (3.7% 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

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹72.27
Price
₹69.71
GF Value