MONARCH

Monarch Networth Capital share price & financials

Price
₹350.25
Market cap
₹3.0k Cr
Sector
Financial Services

What Monarch Networth Capital Limited does

Monarch Networth Capital is a diversified financial services group headquartered in GIFT City, Gandhinagar, formed through the merger of the erstwhile Monarch Group with Networth Stock Broking Limited. It operates across retail broking, institutional equities, investment banking, fund management, wealth and third-party product distribution, and debt capital market businesses, earning through broking fees and commissions, interest income on client financing, and fee-based advisory income. Beyond its core broking and related-services segment, the group also runs a non-banking financial (NBFC) lending business and an insurance broking/distribution business through group entities. The company has traded on the BSE and NSE for over three decades since its incorporation in 1993.

Segments

  • Broking and Related Services
  • Non-Banking Financial Business
  • Insurance Business
Core business lines
Retail broking, institutional equities, investment banking, fund management, wealth & third-party distribution, debt capital markets
Consolidated business segments
Broking & related services, NBFC lending, Insurance broking
Stock exchange listing
BSE (511551) & NSE (MONARCH)
Operating history
32+ years, incorporated 1993 (erstwhile Monarch Group merged with Networth Stock Broking Limited)
Founded 1993Headquarters GIFT City, Gandhinagar, Gujarat, India Company website

Quarterly results

Q1 FY27: revenue down 7.1%, net profit up 0.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue104 77 61 98 83 −20%91 +18%100 +64%91 −7%
EBITDA66 55 38 63 64 −3%64 +16%68 +79%60 −5%
Net profit44 41 25 45 45 +2%45 +10%46 +84%45 +0%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +14.6% 1Y

₹250₹300₹350₹400Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹326.2 on 10 Sept 2025 → ₹373.95. High ₹397.6 (27 Jul 2026), low ₹242.5 (27 Mar 2026).

Financials, as filed

Revenue grew 33.3% a year over 3 years, FY23 to FY26. Operating margin widened to 69.6%.

Year endingFY23FY24FY25FY26
Revenue₹157 Cr₹271 Cr₹327 Cr₹372 Cr
Operating profit₹56 Cr₹170 Cr₹216 Cr₹259 Cr
Operating margin35.7%62.7%66.1%69.6%
Interest₹6 Cr₹13 Cr₹16 Cr₹7 Cr
Depreciation₹0 Cr₹1 Cr₹8 Cr₹8 Cr
Net profit₹42 Cr₹124 Cr₹150 Cr₹181 Cr
Net margin26.8%45.8%45.9%48.7%
Cash from operations₹-21 Cr₹-108 Cr₹30 Cr₹114 Cr
Free cash flow₹-25 Cr₹-114 Cr₹14 Cr₹106 Cr
ROCE31.0%52.0%33.0%28.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹31 Cr₹31 Cr₹34 Cr₹34 Cr₹79 Cr₹79 Cr
Reserves₹77 Cr₹137 Cr₹188 Cr₹312 Cr₹801 Cr₹892 Cr
Borrowings₹4 Cr₹17 Cr₹3 Cr₹113 Cr₹11 Cr₹37 Cr
Other liabilities₹298 Cr₹462 Cr₹383 Cr₹349 Cr₹306 Cr₹564 Cr
Total liabilities₹410 Cr₹647 Cr₹608 Cr₹808 Cr₹1.2k Cr₹1.6k Cr
Fixed assets₹5 Cr₹5 Cr₹8 Cr₹13 Cr₹20 Cr₹21 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹8 Cr₹11 Cr₹21 Cr₹27 Cr₹108 Cr₹218 Cr
Other assets₹397 Cr₹631 Cr₹579 Cr₹768 Cr₹1.1k Cr₹1.3k Cr
Total assets₹410 Cr₹647 Cr₹608 Cr₹808 Cr₹1.2k Cr₹1.6k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, FIIs added +1.03 pp while promoters added +0.95 pp.

Promoters
53.8%
FIIs
2.8%
DIIs
0.1%
Public
43.2%
Others
0.1%

Since Jun 2025

  • FIIs +1.03 pp
  • Promoters +0.95 pp
  • Others −0.93 pp

How it drifted, 12 quarters

Over this window the public fell from 46.0% to 43.2% — −2.8 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 52.4%, FIIs 1.7%, Public 46.0%.Dec '23: Promoters 55.9%, FIIs 0.9%, Public 43.2%.Mar '24: Promoters 55.9%, FIIs 0.5%, DIIs 0.1%, Public 43.4%.Jun '24: Promoters 55.9%, FIIs 0.1%, Public 44.0%.Sep '24: Promoters 52.8%, FIIs 1.7%, DIIs 0.8%, Public 44.7%.Dec '24: Promoters 52.8%, FIIs 1.6%, DIIs 0.8%, Public 44.9%.Mar '25: Promoters 52.8%, FIIs 1.4%, DIIs 0.8%, Public 45.0%.Jun '25: Promoters 52.9%, FIIs 1.7%, DIIs 0.8%, Public 43.6%, Others 1.0%.Sep '25: Promoters 52.9%, FIIs 1.8%, DIIs 0.3%, Public 45.1%, Others 0.0%.Dec '25: Promoters 53.4%, FIIs 1.4%, DIIs 0.1%, Public 45.0%.Mar '26: Promoters 53.9%, FIIs 1.5%, DIIs 0.1%, Public 44.5%.Jun '26: Promoters 53.8%, FIIs 2.8%, DIIs 0.1%, Public 43.2%, Others 0.1%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Monarch Networth Capital Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Manju Suresh Bafna 10.28%unchanged
Vaibhav Jayantilal Shah 8.76%unchanged
Bela Himanshu Shah 6.27%unchanged
Monarch Infraparks Private Limited 6.19%unchanged
Bankim Jayantilal Shah 5.56%unchanged
Gaurav Bhandari 4.32%unchanged
Simandhar Securities Private Limited 3.65%unchanged
Kinnari Vaibhav Shah 3.31%unchanged
Himanshu Jayantilal Shah 3.30%unchanged
Riddhi Siddhi Gluco Biols Limited 3.11%unchanged
Care Wealth Advisors LLP 2.85%unchanged
Madhu Silica Private Limited 2.69%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Monarch Networth Capital Limited

Guides on how to read this kind of business and the numbers that matter.