---
title: "SMC Credits Ltd (532138) — Share Price, Financials & Analysis"
symbol: "532138"
company: "SMC Credits Ltd"
canonical: "https://tapetide.com/stocks/532138"
isin: "INE440E01012"
nse_symbol: "SMCCREDITSLTD"
bse_code: "532138"
sector: "Financial Services"
industry: "NBFC"
generated_at: "2026-09-13T18:58:29.111Z"
---

# SMC Credits Ltd (532138)

Canonical page: https://tapetide.com/stocks/532138

## Company

- **NSE Symbol:** SMCCREDITSLTD
- **BSE Code:** 532138
- **ISIN:** INE440E01012
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** smccredits.com

## About

SMC Credits is engaged in the business of Non-banking financial activities, duly registered with the Reserve Bank of India. The Company is not accepting public deposits.

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:39:14.892594Z.

- **Market Cap:** ₹0 Cr
- **Classification:** Microcap
- **P/E (reported):** 2.3
- **EPS (TTM):** ₹6.13
- **EPS (reported):** ₹0.96
- **Book Value:** ₹387.83
- **Price to Book:** 0.01
- **Dividend Yield:** 0%
- **ROE:** 1.01%
- **ROCE:** 1.35%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹25.43 Cr
- **Net Income:** ₹32.54 Cr
- **EBITDA:** ₹23.44 Cr
- **52-Week High:** ₹0
- **52-Week Low:** ₹0

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 48.6% CAGR over last 5 years

### Weaknesses

- Company has a low return on equity of 1.43% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 160.74% | 842.28% | 726.49% |
| ebitda margin growth | 509.09% | -37.71% | -35.92% | -41.01% |
| net income growth | 263.33% | 160.32% | 138% | 49% |
| revenue growth | 260% | 33.84% | 78% | 43% |
| roce | — | 84.93% | -2.17% | 1.07% |
| roe | — | 248.28% | 0.78% | 9.78% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 3.35 | 3.79 | 0.47 | 2.02 | 8 | 1.99 | 3.3 | 10.47 | 8.8 | 4.22 | 1.95 | 6.66 |
| Expenses | 0.33 | 0.36 | 0.4 | 0.32 | 0.99 | 0.3 | 0.55 | 0.25 | 0.36 | 0.53 | 0.84 | 0.47 |
| Financing Profit | 2.64 | 3.08 | -0.28 | 1.36 | 6.63 | 1.43 | 2.5 | 10.02 | 8.35 | 3.59 | 0.98 | 6.01 |
| Financing Margin % | 78.81 | 81.27 | -59.57 | 67.33 | 82.88 | 71.86 | 75.76 | 95.7 | 94.89 | 85.07 | 50.26 | 90.24 |
| Other Income | 0.2 | 0.2 | 0.2 | 0.2 | 0.21 | 2.1 | 1.19 | 15.67 | 0.42 | 0.89 | 0.04 | 0.51 |
| Interest | 0.38 | 0.35 | 0.35 | 0.34 | 0.38 | 0.26 | 0.25 | 0.2 | 0.09 | 0.1 | 0.13 | 0.18 |
| Depreciation | 0 | 0.01 | 0.02 | 0.01 | 0 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 |
| Profit before tax | 2.84 | 3.27 | -0.1 | 1.55 | 6.84 | 3.52 | 3.67 | 25.68 | 8.76 | 4.47 | 1 | 6.51 |
| Tax % | 26.76 | 21.41 | 1740 | 20.65 | 24.56 | 22.44 | 7.36 | 14.06 | -5.14 | 4.47 | 400 | 25.04 |
| Net Profit | 2.07 | 2.57 | -1.84 | 1.24 | 5.16 | 2.73 | 3.39 | 22.07 | 9.21 | 4.27 | -3 | 4.88 |
| EPS in Rs | 0.83 | 1.03 | -0.73 | 0.49 | 2.06 | 1.09 | 1.35 | 8.81 | 3.68 | 1.7 | -1.2 | 1.95 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 2 | 3 | 6 | 4 | 4 | 5 | 8 | 18 | 25 | 22 |
| Expenses | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 2 | 2 |
| Financing Profit | 2 | 1 | 3 | 2 | 2 | 2 | 6 | 15 | 23 | 19 |
| Financing Margin % | 86 | 47 | 46 | 49 | 56 | 42 | 67 | 81 | 90 | 88 |
| Other Income | 1 | 1 | 1 | 1 | 1 | 10 | 1 | 1 | 17 | 2 |
| Interest | 0 | 1 | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 2 | 3 | 3 | 3 | 12 | 6 | 16 | 40 | 21 |
| Tax % | 10 | 4 | 6 | -50 | 22 | 13 | 51 | 20 | 18 | — |
| Net Profit | 3 | 2 | 3 | 4 | 3 | 10 | 3 | 13 | 33 | 15 |
| EPS in Rs | 1.05 | 0.94 | 1.27 | 1.79 | 1.03 | 4.08 | 1.23 | 5 | 12.99 | 6.13 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 25 | 25 | 25 | 25 |
| Reserves | 24 | 26 | 359 | 248 | 481 | 490 | 947 | 1037 | 1217 | 1128 |
| Borrowing | 0 | 0 | 22 | 26 | 21 | 22 | 21 | 18 | 14 | 8 |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 5 | 4 |
| Total Liabilities | 34 | 36 | 392 | 283 | 512 | 523 | 993 | 1081 | 1261 | 1164 |
| Fixed Assets | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 24 | 23 | 354 | 238 | 468 | 474 | 939 | 1043 | 1232 | 1129 |
| Other Assets | 8 | 11 | 36 | 43 | 42 | 46 | 53 | 36 | 28 | 34 |
| Total Assets | 34 | 36 | 392 | 283 | 512 | 523 | 993 | 1081 | 1261 | 1164 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | 0 | -1 | 4 | -4 | 0 | 2 | 9 | 23 | 0 |
| Cash from Investing Activity | — | 1 | -1 | 1 | -2 | 1 | -9 | -17 | -25 | 3 |
| Cash from Financing Activity | — | 0 | 0 | 0 | 0 | 0 | 15 | 0 | 0 | 0 |
| Net Cash Flow | — | 1 | -1 | 5 | -5 | 1 | 8 | -8 | -1 | 3 |
| Free Cash Flow | — | 0 | -1 | 4 | -4 | 0 | 12 | 9 | 23 | 1 |
| CFO/OP | — | 25 | -17 | 93 | -86 | 14 | 97 | 161 | 146 | 16 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 7 | 8 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 3 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 8.01% | 8.01% | 8.01% | 8.01% | 8.01% | 8.01% | 8.01% | 8.01% | 8.01% | 8.01% | 8.01% | 8.01% |
| Others | 69.01% | 69.01% | 69.01% | 69.01% | 69.01% | 69.01% | 69.01% | 69.01% | 69.01% | 69.01% | 69.01% | 69.01% |
| No. of Shareholders | 3350 | 3350 | 3350 | 3350 | 3350 | 3350 | 3350 | 3350 | 3350 | 3350 | 3350 | 3350 |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=721f109a-dc2d-4be3-8720-41899439a0ec.pdf) |
| 2026-09-07 | [Intimation For 34Th Annual General Meeting Of The Company To Be Held On 30Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=553d5b05-642a-4084-91f9-309aaf6ce00a.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6610f550-d1d1-4332-b57c-3295fa49cd6c.pdf) |
| 2026-09-07 | [Dispatch Of Letter To Members Whose E-Mail Addresses Are Not Registered With Company/Registrar & Transfer Agent/Depository Participants Under Regulation 36(1)(B) Of SEBI LODR Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b081b354-af64-4857-a1d3-f103b72cc32c.pdf) |
| 2026-09-05 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a785c31b-2086-4f2a-bb37-384f43eeeaf6.pdf) |
| 2026-09-05 | [Disclosure Of Voting Results Of The Extra- Ordinary General Meeting Of The Company Held On 04 September 2026 At The Registered Office Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ee0e138-bce9-400a-ba55-2173a27f352b.pdf) |
| 2026-09-04 | [Shareholder Meeting / Postal Ballot-Outcome of EGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f66a330-1619-47ff-a609-0d08b97bf6fd.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a1bb1f6-c2bf-4534-b7ea-41c4fe357a6d.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Dated August 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3184e27f-f51b-4ebc-83ea-ee8ef55c0c51.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69307476-e698-4984-9e21-abc239fdb391.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=30ae6a7b-b742-4e85-b82c-06fe84c74d3b.pdf) |
| 2026-05-30 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de3a1f53-960a-4a25-bd1d-df62d0fe8ac7.pdf) |
| 2026-02-14 | [Unaudited Financial Results For Quarter And Nine Months Ended December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c72427d-a74f-407b-aba6-251c7f2c1738.pdf) |
| 2025-11-14 | [Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8dd22bbd-241e-4db2-bf95-b6c3fee62a82.pdf) |
| 2025-08-13 | [Unaudited Financial Results Fo Rthe Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87f74cf7-5910-4c86-ae86-ff020d85cd7c.pdf) |
| 2025-05-30 | [Audited Standalone Financial Results For The 4Th Quarter And Year Ended 31St March 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=966cca79-0441-4290-ab0f-3158f0d1b814.pdf) |
| 2025-02-14 | [Unaudited Financial Results For The 3Rd Quarter And Nine Months Ended December 31 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7455585-5125-4f1d-8565-530d15c308f7.pdf) |
| 2024-11-14 | [Un-Audited Standalone Financial Results For The 2Nd Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f298039-cca2-432a-906a-428a616a7fe2.pdf) |
| 2024-08-13 | [FINANCIAL RESULTS FOR QUARTER ENDED JUNE 30TH,2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12bee0ca-466c-4d50-a276-13c2f66461e8.pdf) |
| 2024-05-30 | [Financial Results For The Quarter And Year Ended On 31St March, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84136d71-8fa7-4c66-9a54-324a5111a17e.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Apr - Promoter Focal Leasing and Credits filed yearly disclosure for FY ended 31 March 2026. | [Disclosure Under Regulation 31(4) Of SEBI (SAST) Regulations, 2011 6 Apr - Promoter Focal Leasing and Credits filed yearly disclosure for FY ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc50aaa1-6aff-4454-a45c-d763f0838ee5.pdf) |
| 5 Jan - Jan 05, 2026: KSR Footwear says price movement market-driven; no undisclosed material information. | [Reply To BSE Query Dated January 05 2026 W.R.T. Price Movement 5 Jan - Jan 05, 2026: KSR Footwear says price movement market-driven; no undisclosed material information.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dc4be904-5c90-4d12-9b7d-81f03a30884e.pdf) |
| 3 Feb - Board to meet Feb 12, 2026 to approve Q3 and nine-month unaudited results for period ended Dec 31, 2025. | [Board Meeting Intimation for Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended December 31 2025 3 Feb - Board to meet Feb 12, 2026 to approve Q3 and nine-month unaudited results for period ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5631e313-72a3-4a06-aa66-71eeef785e14.pdf) |
| 28 Apr - Opening of Special Window for Re-lodgement of Transfer Request Of Physical Shares. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - Opening of Special Window for Re-lodgement of Transfer Request Of Physical Shares.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b3b15b0-c006-4d45-9b34-4afda8923a70.pdf) |
| 28 Apr - Opening of Special Window for Re-lodgement of Transfer Request Of Physical Shares. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - Opening of Special Window for Re-lodgement of Transfer Request Of Physical Shares.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3b3b15b0-c006-4d45-9b34-4afda8923a70.pdf) |
| 15 Feb - Newspapers Publications regarding the financial results for the quarter and nine months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Feb - Newspapers Publications regarding the financial results for the quarter and nine months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e47ca274-29fd-490d-af1c-b02fc751cf26.pdf) |
| 14 Feb - Board approved unaudited Q3 results for quarter ended Dec 31, 2025; limited review; Right Issue Rs1,503.33 lakh no deviation. | [Board Meeting Outcome for Outcome Of Board Meeting - Integrated Filing (Financial Results) 14 Feb - Board approved unaudited Q3 results for quarter ended Dec 31, 2025; limited review; Right Issue Rs1,503.33 lakh no deviation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a92ff019-04f6-4df5-8e23-91ae9505f6c8.pdf) |
| 14 Apr - Regulation 74(5) compliance certificate filed for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr - Regulation 74(5) compliance certificate filed for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac4298da-4a7f-4a71-a67e-a56ce20e528b.pdf) |
| 12 Feb - KSR Footwear approved unaudited standalone results for quarter and nine months ended Dec 31, 2025 on Feb 12, 2026. | [UFR As 31.12.2025 12 Feb - KSR Footwear approved unaudited standalone results for quarter and nine months ended Dec 31, 2025 on Feb 12, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/839596d9-9a63-4d0c-bc5d-65bfdd4c2d3e.pdf) |
| 12 Feb - Board approved unaudited standalone results for quarter and nine months ended Dec 31, 2025 (meeting Feb 12, 2026). | [Board Meeting Outcome for Outcome Of Board Meeting 12 Feb - Board approved unaudited standalone results for quarter and nine months ended Dec 31, 2025 (meeting Feb 12, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4427d506-57a1-467c-a198-160c227c045f.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43dda4bb-2bb3-41e7-8d3e-216baf81dc18.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/664fb959-282b-4116-9f8a-27406929b365.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15a795ba-9431-449b-ac59-4065c50c49ca.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532138/76065532138.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532138/72317532138.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532138/66080532138_03_12_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532138/5321380319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532138/5321380318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532138/5321380317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532138/5321380316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:58:29.111Z.