SMC Global Securities Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
- July 1, 2026
- Posted by: Ankit Jaiswal
- Category: News
SMC Global Securities Rs 110.55 (6 Oct 2026 close). 52-week range Rs 54.44 to Rs 120.00. Q1 FY27 operational income Rs 515 cr, up 21%; profit Rs 36.7 cr, up 22%.
Quick Answer
The SMC Global Securities share price target for 2026 is Rs 96 to Rs 120, which is between 13 percent below and 8 percent above the last close of Rs 110.55, with bull and bear cases of Rs 150 to Rs 180 and Rs 55 to Rs 66. SMC Global Securities reported Q1 FY27 consolidated operational income up 21.2 percent to Rs 515.1 crore and net profit up 22.3 percent to Rs 36.7 crore, with insurance broking revenue up 44.4 percent to Rs 167.27 crore. The stock rose 29 percent in two weeks to a 52-week high of Rs 120 on record volume, no single announcement explained the surge, and it trades at 21 times earnings against an industry average of 34 times. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario.
The SMC Global Securities share price target for 2026 is Rs 96 to Rs 120 in the Univest base case, with the stock at Rs 110.55 at the 6 October 2026 close. That is 7.9 percent below its 52-week high of Rs 120.00 and 103.1 percent above its 52-week low of Rs 54.44, and the stock moved up 58.6 percent over the past year. SMC Global Securities is a Delhi-based financial services group in stock broking, insurance broking, mutual fund and debt distribution, wealth advisory and NBFC lending, with 13.8 lakh broking clients. Debt to equity is 1.56 and the dividend yield is 1.08 percent.
Three things changed since the last update: Q1 FY27 results on 24 July showed profit up 22 percent, the board approved a public NCD issue of up to Rs 1,500 crore, and the stock rose 15.7 percent in the week of 28 September and 11.9 percent in the week of 5 October on record volume. This SMC Global Securities stock analysis covers the SMC Global Securities share price today, the SMC Global Securities share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a SMC Global Securities buy or sell view.
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What Is the SMC Global Securities Share Price Target for 2026?
The 2026 target for SMC Global Securities shares is Rs 96 to Rs 120 in the Univest base case, which is -13.2% to +8.5% against the last close. The bull case is Rs 150 to Rs 180 and the bear case is Rs 55 to Rs 66. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.
SMC Global Securities Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E EPS | Target Multiple | Price Target (Rs) | Move vs Rs 110.55 |
|---|---|---|---|---|
| Bull Case | Rs 10 | 15x to 18x | 150 to 180 | +35.7% to +62.8% |
| Base Case | Rs 8 | 12x to 15x | 96 to 120 | -13.2% to +8.5% |
| Bear Case | Rs 5.5 | 10x to 12x | 55 to 66 | -50.2% to -40.3% |
FY28 EPS of Rs 8 in the base case compares with trailing EPS of Rs 5.25 and Q1 EPS of about Rs 1.75, and assumes revenue growth near 18 percent with insurance broking and distribution leading. Mid-sized broking groups trade at 12 to 15 times earnings, and the stock trades at about 13.8 times the base estimate after its sharp rise. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the SMC Global Securities share price target range around the current price.
SMC Global Securities Company Overview and Share Price Today as of 6 October 2026
SMC Global Securities share price today is Rs 110.55 on the NSE at the 6 October 2026 close, before the market opens on 7 October. The market capitalisation is Rs 2,318 crore, and the stock trades at 21.1 times earnings against an industry average of 33.6 times. The Univest base case SMC Global Securities share price target of Rs 96 to Rs 120 is -13.2% to +8.5% from here. The table below sets out the key numbers behind the SMC Global Securities share price target.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | SMCGLOBAL | BSE code 543263 |
| Sector | Broking and financial services | Per Univest sector classification |
| Last Close (NSE) | Rs 110.55 | 6 Oct 2026 close |
| 52-Week High | Rs 120.00 | CMP is 7.9% below |
| 52-Week Low | Rs 54.44 | CMP is 103.1% above |
| 1-Year Return | About +59% | Weekly close Rs 69.69 on 10 Oct 2025 to Rs 110.55 |
| Market Capitalisation | Rs 2,318 crore | Small cap broking company |
| Trailing P/E | About 21.1x | Industry P/E about 33.56x |
| P/B Ratio | About 1.78x | Book value Rs 62.27 per share |
| EPS (TTM) | Rs 5.25 | Trailing twelve months |
| Return on Equity | About 7.8% | Debt to equity 1.56 |
| Dividend Yield | About 1.08% | Dividend paid yearly |
| 12-Month Target (Base Case) | Rs 96 to Rs 120 | Univest base case |
| Bull Case | Rs 150 to Rs 180 | +35.7% to +62.8% |
| Bear Case | Rs 55 to Rs 66 | -50.2% to -40.3% |
Track live price, fundamentals and results for SMC Global Securities on the Univest Screener.
How Did SMC Global Securities Perform in Q1 FY27?
SMC Global Securities reported Q1 FY27 consolidated operational income of Rs 515.1 crore, up 21.2 percent, and consolidated profit of Rs 36.7 crore, up 22.3 percent. Profit before tax was Rs 46.58 crore, up 21.4 percent. Together these Q1 FY27 numbers anchor the SMC Global Securities share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Operational Income | Rs 515.1 crore | Up 21.2% YoY |
| Consolidated Profit | Rs 36.7 crore | Up 22.3% YoY |
| Profit Before Tax | Rs 46.58 crore | Up 21.4% |
| Broking, Distribution and Trading | Rs 316.3 crore | Up 15% |
| Insurance Broking | Rs 167.27 crore | Up 44.4% |
| Financing Revenue | Rs 46.46 crore | Down 8.6% |
Standalone EBITDA margin rose 100 basis points to 26.2 percent. The NBFC book is Rs 1,025 crore and mutual fund AUM is Rs 4,787 crore, and the board approved a public issue of secured NCDs of Rs 750 crore plus a green shoe, for up to Rs 1,500 crore. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the SMC Global Securities share price target.
Why Is SMC Global Securities Share Price Up 103 Percent From Its March Low?
SMC Global Securities shares are about 103 percent above the Rs 54.44 low of the week of 30 March 2026 and up 59 percent in a year. The stock rose 20.6 percent in the week of 8 June, 5.8 percent in the week of 7 September on 4.55 crore shares and 15.7 percent in the week of 28 September on 6.76 crore shares.
In the week of 5 October it rose 11.9 percent to a 52-week high of Rs 120 on 12 crore shares, with 5.6 crore shares worth about Rs 617 crore trading on 5 October alone. Reports cite results, strong participation and technical momentum, and no single company announcement explains the move. The SMC Global Securities share price target scenarios below account for that move.
Key Catalysts for the SMC Global Securities Share Price Target in 2026
4 catalysts matter most for the SMC Global Securities share price target, and sector tailwinds in Broking and financial services are part of the case. Together they decide whether the base case is reached.
1. Insurance Broking
Insurance broking revenue rose 44.4 percent to Rs 167.27 crore. It is a fast-growing, stable income line. If it plays out, the SMC Global Securities share price target moves toward the top of the base range.
2. Broking Client Base
The group has 13.8 lakh broking clients. A larger base lifts distribution income. Strength here would support the upper end of the SMC Global Securities share price target.
3. Mutual Fund and NBFC
Mutual fund AUM is Rs 4,787 crore and NBFC AUM is Rs 1,025 crore. Both add recurring income. Delivery on this point keeps the SMC Global Securities share price target on track.
4. Valuation
The stock trades at 21 times earnings against an industry average of 34 times. Steady profit growth could narrow the gap. Better news here would lift the SMC Global Securities share price target toward the bull case.
What Are the Key Risks to the SMC Global Securities Share Price Target?
The main risks are a sharp price run-up, market volume swings, NBFC asset quality and borrowing. Each can pull the SMC Global Securities share price target lower.
Sharp Run-Up
The stock is up 29 percent in two weeks and 103 percent from its low. A pullback of 15 to 20 percent would be normal after such a run. If it materialises, the SMC Global Securities share price target would slip toward the bear case.
Market Volume Swings
Broking income depends on trading activity. A quiet market would cut profit. This is the main downside risk to the SMC Global Securities share price target.
Debt Level
Debt to equity is 1.56 and the group is raising NCDs. Higher funding costs would trim profit. A worsening here would cut the SMC Global Securities share price target toward the low end of the range.
Earnings Reset
A bear case EPS of Rs 5.50 at 10 times would put the price near Rs 55. Watch it closely, because it can pull the SMC Global Securities share price target lower quickly.
SMC Global Securities Stock Analysis: Support and Resistance Levels for the Share Price Target
SMC Global Securities stock analysis on weekly charts shows a range of Rs 78.83 to Rs 120 since mid-September, with the stock near the upper end.
The first support level is Rs 96.22, the low of the week of 5 October. Below that, Rs 84.86 is the low of the week of 28 September and Rs 78.83 to Rs 80.51 marks the lows of the weeks of 14 and 21 September.
The first resistance level is Rs 120, the 52-week high of the week of 5 October. Above that there is no historical resistance, as the stock is at a 52-week high. These levels come from weekly price action, are not trade recommendations, and frame the near-term SMC Global Securities share price target.
SMC Global Securities Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term SMC Global Securities Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 96 and Rs 120. A close above Rs 120 would open a new high, while a weekly close under Rs 96 would put Rs 85 in play. The Q2 FY27 results and the NCD issue are the main triggers. This range anchors the near-term SMC Global Securities share price target.
12-Month and 2027 SMC Global Securities Share Price Target
The 12-month target price is Rs 96 to Rs 120, valued on 12 to 15 times FY28 EPS of Rs 8. The range across scenarios runs from Rs 55 in the bear case to Rs 180 in the bull case.
Long-Term SMC Global Securities Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 114 to Rs 172. This assumes EPS of Rs 9.5 in FY29 and Rs 11.5 in FY30 and a multiple of 12 to 15 times. It needs broking and insurance broking to keep growing and the NBFC arm to stay profitable after the NCD raise. This is the long-term SMC Global Securities share price target in the Univest scenarios.
Bull Case and Bear Case for SMC Global Securities Share Price Target
Bull Case Rs 150 to Rs 180
The bull case of Rs 150 to Rs 180 for the SMC Global Securities share price target needs EPS of Rs 10 and the market to pay 15 to 18 times for it. It is +35.7% to +62.8% from the last close.
Bear Case Rs 55 to Rs 66
The bear case of Rs 55 to Rs 66 for the SMC Global Securities share price target equals 10 to 12 times FY28 EPS of Rs 5.5 and sits above the Rs 54.44 low. It is -50.2% to -40.3% from the last close.
Is SMC Global Securities a Good Buy at Rs 111? SMC Global Securities Buy or Sell View
Whether SMC Global Securities is a buy at Rs 110.55 depends on horizon and risk appetite. The base case sits between 13 percent below and 8 percent above the current price, the stock is near its high after a 29 percent two-week surge, and the open question is whether earnings can keep up. The SMC Global Securities share price target range is the starting point for that decision.
Long-term holders may focus on insurance broking, fund AUM and funding cost, and treat Rs 85 as the level to watch. Short-term traders may prefer to wait for a close above Rs 120. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this SMC Global Securities buy or sell view is educational.
How to Invest in SMC Global Securities Shares
Step 1: Check the live price, valuation and the latest SMC Global Securities share price target range on the Univest Screener.
Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any SMC Global Securities share price target.
Step 3: Search for SMCGLOBAL on the NSE or 543263 on the BSE in your trading app.
Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 55 is bearable.
Step 5: Track broking volumes, NCD issue and Q2 FY27 results and set price alerts on the Univest App to follow any change in the SMC Global Securities share price target.
Conclusion
SMC Global Securities closed at Rs 110.55 against a Univest base case share price target of Rs 96 to Rs 120, a bull case of Rs 150 to Rs 180 and a bear case of Rs 55 to Rs 66. Q1 FY27 delivered profit up 22 percent with insurance broking up 44 percent. The main risks are a sharp run-up, market volume swings and borrowing.
The stock is 7.9 percent below its 52-week high, so the base case sits between 13 percent below and 8 percent above the current price. The triggers to watch are broking volumes, NCD issue and Q2 FY27 results and the Rs 96 and Rs 120 levels. Re-check the SMC Global Securities share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.
Download the Univest iOS App or Univest Android App to track SMC Global Securities live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on SMC Global Securities Share Price Target 2026
What is the SMC Global Securities share price target for 2026?
Ans. The SMC Global Securities share price target for 2026 is Rs 96 to Rs 120 in the Univest base case, with a bull case of Rs 150 to Rs 180 and a bear case of Rs 55 to Rs 66. No brokerage target was available on the sources we track as of 6 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.
What is the SMC Global Securities share price target for 2027?
Ans. The SMC Global Securities share price target for 2027 is Rs 96 to Rs 120 in the base case, valued on 12 to 15 times FY28 EPS of Rs 8. The scenario range runs from Rs 55 to Rs 180.
Is SMC Global Securities a good buy at Rs 110.55?
Ans. Whether SMC Global Securities is a good buy at Rs 110.55 depends on your horizon, risk appetite and how you read the SMC Global Securities share price target. Profit is growing 22 percent at 21 times earnings, but a sharp run-up and borrowing make it high risk. Consult a SEBI-registered advisor before investing.
What are the key risks to the SMC Global Securities share price target?
Ans. The key risks to the SMC Global Securities share price target are sharp run-up, market volume swings, debt level and earnings reset. The stock is up 29 percent in two weeks and 103 percent from its low. A pullback of 15 to 20 percent would be normal after such a run.
What are the key catalysts for the SMC Global Securities share price target?
Ans. The key catalysts for the SMC Global Securities share price target are insurance broking, broking client base, mutual fund and nbfc and valuation. Insurance broking revenue rose 44.4 percent to Rs 167.27 crore. It is a fast-growing, stable income line.
Where can I track SMC Global Securities share price today and SMC Global Securities share price target updates?
Ans. You can track the live SMC Global Securities share price, results and any change to the SMC Global Securities share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.
What are SMC Global Securities’s 52-week high and low?
Ans. SMC Global Securities’s 52-week high is Rs 120.00 and its 52-week low is Rs 54.44, based on weekly NSE data. At Rs 110.55 the stock is 7.9 percent below the high and 103.1 percent above the low. Both levels frame the SMC Global Securities share price target.
How to buy SMC Global Securities shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for SMCGLOBAL on the NSE or 543263 on the BSE, and place a limit order near your entry price, using the SMC Global Securities share price target range as a guide. Size the position so a fall to Rs 55 is bearable, and check the live price on the Univest Screener first.
