Monarch Networth Capital Limited

BSE: MONARCH511551ISIN INE903D01011

Financial Services
Stockbroking & Allied
BSE Financial Services

Share price

₹349.30+4.65 (+1.35%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

13 Sep 2024 · Bonus 1:1

52W high: ₹405.40
52W low: ₹238.75
Off 52W high: -13.84%
1M return: +0.03%
3M return: -10.55%
6M return: +12.17%
1Y return: +12.95%
20D avg volume: 2,161
50 DMA: ₹356.61
200 DMA: ₹327.02

Key ratios Consolidated

Market cap: ₹2,770 Cr
Current price: ₹349.30
52W high / low: ₹405.40 / ₹238.75
Face value: ₹10.00
P/E: 48.98
P/B: 2.60
EPS (TTM): ₹7.13
Book value / share: ₹134.33
ROE: —
ROCE: 25.60%
Operating margin: —
Net margin: —
Debt / equity: 0.03
Net debt: ₹-246.29 Cr
Interest cover: 36.82
Dividend yield: 0.29%
Dividend / share (TTM): ₹1.00
Payout: 14.03%
Cash conversion cycle: -284.4 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	123.14	90.89	99.87	91.20	83.12	97.98	60.97	76.65	104.04	83.95	68.22	75.81
	0.38	0.17	-0.34	0.76	0.29	0.40	0.85	0.06	0.21	1.00	7.27	7.12
	123.52	91.05	99.53	91.95	83.41	98.38	61.82	76.71	104.26	84.95	75.48	82.93
	51.42	35.46	36.15	31.32	22.61	38.87	27.08	26.61	47.69	33.62	35.45	30.35
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	12.26	14.37	9.94	12.85	12.28	11.34	10.49	13.05	12.36	11.12	11.68	10.14
	2.84	2.30	2.02	1.81	1.36	1.63	2.43	3.34	6.45	5.43	4.96	4.12
	2.36	2.26	2.12	1.91	1.90	1.85	1.89	1.94	3.21	0.51	0.51	0.50
	12.12	16.53	22.07	14.76	7.07	24.06	12.27	2.14	15.81	7.01	8.75	8.68
	72.10	55.59	63.38	60.63	60.80	59.51	34.73	50.11	56.56	51.33	40.03	52.58
	0.00	0.00	0.00	0.00	0.00	0.00	-0.03	-0.01	0.01	-0.03	0.00	0.00
	72.10	55.59	63.38	60.63	60.80	59.51	34.70	50.10	56.57	51.30	40.03	52.59
	15.53	10.41	17.82	15.21	15.83	14.26	9.99	9.59	12.59	11.24	9.49	14.03
	56.56	45.18	45.56	45.41	44.97	45.25	24.71	40.51	43.98	40.06	30.54	38.56
	7.13	5.70	5.75	5.73	5.67	5.76	3.15	5.16	6.13	11.83	9.02	11.38
Key metrics
	—	60.15	67.52	64.35	64.06	62.99	39.02	55.38	66.23	57.24	45.50	57.21
	—	66.20%	67.60%	70.60%	77.10%	64.30%	64.00%	72.30%	63.70%	68.20%	66.70%	75.50%
	45.90%	49.70%	45.60%	49.80%	54.10%	46.20%	40.50%	52.90%	42.30%	47.70%	44.80%	50.90%
	—	—	6.70%	—	7.00%	—	4.70%	—	—	—	—	—
	48.10%	-7.20%	63.80%	19.00%	-20.10%	16.70%	-10.60%	1.10%	—	—	—	—
	25.80%	-0.20%	84.40%	12.10%	2.30%	13.00%	-19.10%	5.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	405.10	372.17	326.81	259.64	155.92	144.48
	0.97	1.10	1.17	19.35	6.09	10.08
	406.05	373.28	327.98	279.00	162.01	154.56
	154.35	128.96	135.24	114.86	104.08	82.12
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	49.42	46.41	47.02	42.60	49.24	34.43
	8.97	6.82	17.65	13.03	5.76	2.05
	8.65	7.77	7.55	1.74	1.12	0.99
	65.48	67.95	63.02	30.19	26.06	19.70
	251.70	244.32	192.74	164.14	57.93	72.44
	0.00	0.00	-0.06	-0.05	0.00	-0.28
	251.70	244.32	192.68	164.09	57.92	72.17
	58.97	63.13	43.41	40.95	14.95	18.11
	192.71	181.19	149.27	123.15	42.97	54.05
	24.31	22.91	20.15	36.36	12.63	18.63
Key metrics
	—	258.91	217.88	178.86	64.80	75.21
	—	69.60%	66.70%	68.90%	41.60%	52.10%
	47.57%	48.70%	45.70%	47.40%	27.60%	37.40%
	—	25.60%	26.40%	—	—	—
	27.10%	13.90%	25.90%	66.50%	7.90%	—
	23.98%	21.40%	21.20%	186.60%	-20.50%	—
	—	105.89	13.52	—	—	—
	—	0.63	0.20	—	—	—
	—	0.03	0.01	—	—	—
	—	-246.29	-153.74	—	—	—
	—	-284.4	-273.5	—	—	—
Balance sheet
	—	1,572	1,236	—	—	—
	—	1,542	1,209	—	—	—
	—	273.05	162.94	—	—	—
	—	214.28	90.97	—	—	—
	—	0.00	0.00	—	—	—
	—	21.40	21.16	—	—	—
	—	504.35	335.84	—	—	—
	—	593.14	438.71	—	—	—
	—	26.76	9.20	—	—	—
	—	26.76	9.20	—	—	—
	—	0.00	0.00	—	—	—
	—	971.41	796.79	—	—	—
Cash flow
	—	114.20	29.75	—	—	—
	—	-2.37	-86.78	—	—	—
	—	-1.70	170.90	—	—	—
	—	8.31	16.23	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	117.07	86.10	99.37	91.74	79.83	97.40	61.78	76.08	102.81	80.53	66.95	74.99
	0.33	0.12	0.15	0.33	0.15	0.28	0.42	0.00	0.15	0.95	7.03	7.08
	117.40	86.21	99.52	92.07	79.98	97.68	62.21	76.08	102.96	81.48	73.97	82.06
	50.10	34.47	34.68	31.52	23.07	39.54	27.18	26.84	48.21	34.07	35.71	30.77
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	10.94	13.73	9.47	12.54	12.14	11.24	10.39	12.96	12.27	11.04	11.62	10.03
	3.87	3.26	2.95	2.89	2.43	2.68	3.37	4.07	7.20	6.12	5.57	4.84
	2.12	2.02	1.88	1.91	1.90	1.85	1.89	1.94	3.21	0.51	0.51	0.50
	11.14	15.46	20.38	14.18	6.60	23.78	11.52	1.73	15.67	6.86	8.47	8.50
	67.30	51.74	64.85	60.55	56.92	58.14	35.03	49.24	54.74	47.42	38.26	51.29
	0.00	0.00	0.00	0.00	0.00	0.00	-0.03	-0.01	0.01	-0.03	0.00	0.00
	67.30	51.74	64.85	60.55	56.92	58.13	35.00	49.24	54.76	47.38	38.26	51.30
	14.82	9.83	17.98	15.15	14.77	13.90	10.21	9.90	12.04	10.27	9.03	13.67
	52.48	41.91	46.86	45.40	42.15	44.24	24.79	39.34	42.72	37.11	29.23	37.63
	6.62	5.29	5.91	5.73	5.32	5.63	3.16	5.01	5.96	10.96	8.63	11.11
Key metrics
	—	57.02	69.68	65.35	61.25	62.66	40.26	55.25	65.17	54.01	44.34	56.64
	—	66.20%	70.10%	71.20%	76.70%	64.30%	65.20%	72.60%	63.40%	67.10%	66.20%	75.50%
	44.80%	48.70%	47.20%	49.50%	52.80%	45.40%	40.10%	51.70%	41.60%	46.10%	43.70%	50.20%
	—	—	7.10%	—	6.90%	—	5.00%	—	—	—	—	—
	46.60%	-11.60%	60.80%	20.60%	-22.40%	20.90%	-7.70%	1.50%	—	—	—	—
	24.50%	-5.30%	89.00%	15.40%	-1.30%	19.20%	-15.20%	4.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	394.28	368.34	322.39	252.77	145.30	137.56
	0.93	0.91	0.57	19.03	5.97	9.43
	395.20	369.25	322.96	271.80	151.27	146.99
	150.77	128.80	136.53	116.61	104.07	80.95
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	46.68	45.39	46.65	42.25	48.96	33.59
	12.97	10.94	20.75	15.77	7.33	2.05
	7.93	7.53	7.55	1.74	1.12	0.99
	61.16	64.94	61.58	29.55	25.08	19.37
	244.44	240.45	186.43	155.19	47.21	66.04
	0.00	0.00	-0.06	-0.05	0.00	-0.28
	244.44	240.45	186.37	155.15	47.20	65.77
	57.78	61.80	42.42	38.63	12.37	17.02
	186.65	178.64	143.95	116.51	34.84	48.75
	23.55	22.58	19.43	34.40	10.23	16.92
Key metrics
	—	258.92	214.67	172.66	55.65	68.81
	—	70.30%	66.60%	68.30%	38.30%	50.00%
	47.34%	48.50%	44.70%	46.10%	24.00%	35.40%
	—	26.50%	26.90%	—	—	—
	25.13%	14.30%	27.50%	74.00%	5.60%	—
	24.00%	24.10%	23.60%	234.40%	-28.50%	—
	—	110.39	20.33	—	—	—
	—	0.64	0.14	—	—	—
	—	0.06	0.05	—	—	—
	—	-205.32	-111.61	—	—	—
	—	-287.2	-277.4	—	—	—
Balance sheet
	—	1,569	1,240	—	—	—
	—	1,544	1,214	—	—	—
	—	264.08	152.97	—	—	—
	—	214.04	90.84	—	—	—
	—	0.00	0.00	—	—	—
	—	—	0.00	—	—	—
	—	17.01	20.96	—	—	—
	—	503.88	335.82	—	—	—
	—	620.76	470.45	—	—	—
	—	58.76	41.36	—	—	—
	—	58.76	41.36	—	—	—
	—	0.00	0.00	—	—	—
	—	940.50	769.13	—	—	—
Cash flow
	—	113.98	20.33	—	—	—
	—	2.97	-96.87	—	—	—
	—	-5.84	181.18	—	—	—
	—	3.59	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +36.35%
Sales CAGR 5Y: —
Profit CAGR 3Y: +72.44%
Profit CAGR 5Y: —
Sales YoY (TTM): +25.13%
Profit YoY (TTM): +24.00%

Consolidated

Sales CAGR 3Y: +33.64%
Sales CAGR 5Y: —
Profit CAGR 3Y: +61.56%
Profit CAGR 5Y: —
Sales YoY (TTM): +27.10%
Profit YoY (TTM): +23.98%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 53.81%

Quarter	September 2026	June 2026
Promoter %	53.81%	53.81%

Holder	Type	Holding	Previous	Change
Manju Suresh Bafna	Promoter	10.28%	10.28%	0.00%
Vaibhav Jayantilal Shah	Promoter	8.76%	8.76%	0.00%
Bela Himanshu Shah	Promoter	6.27%	6.27%	0.00%
Monarch Infraparks Private Limited	Promoter Group	6.19%	6.19%	0.00%
Bankim Jayantilal Shah	Promoter	5.56%	5.56%	0.00%
GAURAV BHANDARI	Public	4.32%	4.32%	0.00%
Simandhar Securities Private Limited	Promoter	3.65%	3.65%	0.00%
Kinnari Vaibhav Shah	Promoter	3.31%	3.31%	0.00%
Himanshu Jayantilal Shah	Promoter	3.30%	3.30%	0.00%
RIDDHI SIDDHI GLUCO BIOLS LIMITED	Public	3.11%	3.11%	0.00%
CARE WEALTH ADVISORS LLP	Public	2.85%	2.85%	0.00%
MADHU SILICA PRIVATE LIMITED	Public	2.69%	2.69%	0.00%
Ashok Daulatraj Bafna	Promoter	1.77%	1.77%	0.00%
Shailen Ramesh Shah	Promoter	1.65%	1.65%	0.00%
Yantra Esolarindia Private Limited	Promoter Group	1.53%	1.53%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Billionbrains Garage Ventures Limited	1,29,989	207.20	48.27	29.40%	—	—	—
Motilal Oswal Financial Services Limited	61,021	1,012.00	22.58	—	+44.42% TTM	+33.22% TTM	+2.65%
360 ONE WAM LIMITED	43,647	1,070.00	35.01	—	+29.38% TTM	+10.69% TTM	-0.62%
Nuvama Wealth Management Limited	34,072	1,846.55	31.49	—	+12.91% TTM	+5.24% TTM	+29.07%
ANGEL ONE LIMITED	28,544	312.10	24.71	—	+21.25% TTM	+47.70% TTM	+23.81%
IIFL CAPITAL SERVICES LIMITED	11,025	349.40	17.95	—	+11.57% TTM	+4.74% TTM	+4.16%
Share India Securities Limited	4,007	183.10	10.99	—	—	—	-1.19%
ANAND RATHI SHARE AND STOCK BROKERS LIMITED	3,059	484.75	21.25	23.90%	—	—	-9.82%
Monarch Networth Capital Limited	2,770	349.30	48.98	25.60%	+27.10% TTM	+23.98% TTM	+12.95%
ALGOQUANT FINTECH LIMITED S	2,263	80.51	46.64	17.40%	+43.78% TTM	+272.95% TTM	+23.09%
Geojit Financial Services Limited	1,956	70.08	34.67	—	+0.45% TTM	-44.36% TTM	-3.31%
SMC Global Securities Limited	1,947	92.98	16.60	—	+18.19% TTM	+18.55% TTM	+38.67%
5paisa Capital Limited	1,528	325.85	36.56	—	+8.98% TTM	-11.61% TTM	—
DOLAT ALGOTECH LIMITED	1,062	60.36	7.36	19.80%	-11.33% TTM	-21.22% TTM	-22.33%
Systematix Corporate Services Ltd.	1,051	76.96	-693.00	—	+13.26% TTM	-102.77% TTM	-53.65%
DAM Capital Advisors Limited	984	139.20	28.94	—	-34.18% TTM	-69.75% TTM	-44.87%
Master Trust Ltd.	968	78.69	6.89	—	+17.50% TTM	+18.88% TTM	-39.61%
Arihant Capital Markets Ltd.	955	87.11	26.23	—	+22.20% TTM	+6.82% TTM	-13.62%
Emkay Global Financial Services Ltd	715	258.85	14.44	—	+63.62% TTM	+124.59% TTM	-16.50%
Aditya Birla Money Ltd S	620	109.80	11.29	—	+22.33% TTM	-3.02% TTM	-31.59%
Shardul Securities Ltd.	448	51.17	15.52	—	+89.35% TTM	+137.11% TTM	+7.55%
Pune E - Stock Broking Limited	407	256.70	—	17.30%	—	—	+18.65%
Indo Thai Securities Limited	388	29.23	21.13	—	+91.76% TTM	-13.71% TTM	-92.36%
Almondz Global Securities Limited	349	18.27	8.83	—	+37.47% TTM	+104.50% TTM	+1.39%
Shah Investor's Home Limited	295	139.65	—	—	—	—	—

Filings & corporate actions

Recent announcements

Please find attached the Newspaper publication of Unaudited Financials Results for the Quarter Ended September 30, 2026.30 Oct 2026 · Company Update / Newspaper Publication
Please find attached regulation 30 disclosure pertaining to stock split/sub-division of equity shares subject to shareholders approval.29 Oct 2026 · Company Update / General
Please find attached intimation for amndement in Memorandum of Association, Subject to Shareholders approval.29 Oct 2026 · Company Update / Amendments to Memorandum & Articles of Association
Please find attached Financial Results for Quarter Ended September 30, 2026.29 Oct 2026 · Result / Financial Results
Attached is the outcome of board meeting held today.29 Oct 2026 · Board Meeting / Outcome of Board Meeting
Monarch Networth Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/10/2026 ,inter alia, to consider and approve Unaudited Financial ....19 Oct 2026 · Board Meeting / Board Meeting
Please find attached compliance certificate under reg. 74 (5) of SEBI (DP) Regulation, 2018.9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached intimation of closure of trading window.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find attached the voting results along with the consolidated Scrutinizer''s Report in respect of 33rd Annual General Meeting of the Company held on Friday, September 25, 2026.28 Sep 2026 · AGM/EGM / AGM
The proceeding of 33rd Annual General Meeting held on 25th September, 2026 is hereby submitted.25 Sep 2026 · AGM/EGM / AGM
Please find attached Newspaper Publication of Notice of 33rd Annual General Meeting of FY 2025-26.3 Sep 2026 · Company Update / Newspaper Publication
Please find attached intimation under Regulation 36(1)(b) of SEBI Listing Regulation.3 Sep 2026 · Company Update / General
Please find attached Business Responsibility and Sustainability (BRSR) Report for FY 2026.2 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find attached Annual Report for FY 2025-2026.2 Sep 2026 · Others / Reg. 34 (1) Annual Report
Notice of 33rd Annual General Meeting of the Company for the FY 2026 is hereby attached.2 Sep 2026 · AGM/EGM / AGM
Please find attached the Newspaper publication of Unaudited Financials Results for Quarter Ended June 30, 2026.11 Aug 2026 · Company Update / Newspaper Publication
Please find attached intimation for Record Date for final Dividend.11 Aug 2026 · Corp. Action / Record Date
Please find attached Clarification regarding typographical error in Consolidated Financials Results.10 Aug 2026 · Company Update / General
Please find attached outcome of Board Meeting for unaudited financial result quarter ended 30th June 202610 Aug 2026 · Result / Financial Results
Please find attached outcome of Board meeting for unaudited financial Results for quarter ended 30th June, 2026.10 Aug 2026 · Board Meeting / Outcome of Board Meeting
Monarch Networth Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Quarterly Unaudited ....3 Aug 2026 · Board Meeting / Board Meeting
Clarification on significant increase in the value of securities.28 Jul 2026 · Company Update / General
The Exchange has sought clarification from Monarch Networth Capital Ltd on July 28, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.28 Jul 2026 · Company Update / Clarification
Please find attached compliance certificate under reg. 74(5) of SEBI (DP) Regulation, 20187 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached intimation of closure of trading window.29 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of allotment of Equity Share to Monarch Networth Capital Limited Employees Welfare Trust pursuant to Monarch Networth Capital Limited Employee Stock Options Scheme 2021.11 Jun 2026 · Company Update / Allotment of ESOP / ESPS
Please find attached Annual Secretarial Compliance Report for the FY ended 31st March, 202627 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Please find attached intimation under Regulation 30 of Listing Regulation with respect to Incorporation of a Wholly Owned Subsidiary Company.21 May 2026 · Company Update / General
Please find attached the Newspaper publication of Audited Financial Results for Quarter and Financial year ended March 31, 2026.18 May 2026 · Company Update / Newspaper Publication
Please find attached - Annual Result FY 2025-26 & Strategic Roadmap for FY 2026-27.15 May 2026 · Company Update / Press Release / Media Release
Please find attached outcome of board meeting for approval of final dividend for financial year 2025-26.15 May 2026 · Corp. Action / Dividend
Please find attached Audited financial results for the quarter & financial year ended 31st March, 202615 May 2026 · Result / Financial Results
Please find attached outcome of Board meeting for Audit financial Results for quarter and year ended 31st March, 202615 May 2026 · Board Meeting / Outcome of Board Meeting
Monarch Networth Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/05/2026 ,inter alia, to consider and approve Audited financial ....6 May 2026 · Board Meeting / Board Meeting
Please find attached press release - Monarch Networth Capital Limited Successfully Raised Rs.100 Crore for Its Maiden PMS; Significantly Outperforms Benchmark Since Inception.27 Apr 2026 · Company Update / Press Release / Media Release
Please find attached Compliance Certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018 for quarter ended March 31, 20266 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached intimation for receipt of mutual fund license from SEBI2 Apr 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Monarch Infrapark Pvt Ltd30 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Monarch Infrapark Pvt Ltd28 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Please find attached intimation of closure of trading window.27 Mar 2026 · Insider Trading / SAST / Closure of Trading Window

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.0000	21 Aug 2026	21 Aug 2026	—
Final Dividend - Rs. - 1.0000	19 Sep 2025	19 Sep 2025	—
Bonus issue 1:1	13 Sep 2024	13 Sep 2024	—
Final Dividend - Rs. - 1.0000	2 Aug 2024	2 Aug 2024	—

Board meetings

29 Oct 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results