Elevated GNPA in NBFC
GNPA remains at 3% due to large secured accounts under recovery; legal processes may delay resolution.
medium · analyst_questionSMC Global Securities Limited — Q4 FY26
SMC Global reported a strong Q4 FY26 with consolidated operational income of ₹516.9 crore (+22.6% YoY) and EBITDA of ₹89.7 crore (+42.4% YoY), driven by robust performance in br...
neutral
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Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
RBI circular on proprietary trading leverage
New RBI restrictions on leverage for proprietary trading could impact arbitrage profits, though management claims minimal impact.
medium · analyst_questionMarket volatility and regulatory headwinds
Equity market correction in March and regulatory measures on derivatives continue to pressure broking volumes.
medium · management_commentary