Monarch Networth Capital share price & results
- Jun 2026
- Sept 2026
GIFT City-based financial services group spanning broking, investment banking, wealth management and NBFC lending.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 86.0 | −11.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 66.0 | +2.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 42.0 | −4.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 20.49 | −5.6 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 28.42 | +24.1 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 7.35 | −4.3 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +8.0% 1Y
1Y: ₹312.6 on 24 Oct 2025 → ₹337.7. High ₹397.6 (27 Jul 2026), low ₹242.5 (27 Mar 2026).
- Previous close
- ₹324.35
- Market cap
- ₹2.6k Cr
- 52-week range
- ₹242.5 – ₹397.6
- One year
- +8.62%
- Price to earnings (TTM to Jun 2026)
- 14.21×
- Return on equity (TTM to Jun 2026)
- 20.49%
Overview
- Symbol
- NSE:MONARCH
- Sector
- Financial Services
- Exchange
- NSE
- Currency
- INR
What Monarch Networth Capital Limited does
Based on the company's own presentations, annual report and earnings calls.
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)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −5% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 103 | 76 | 62 | 97 | 80 | 92 | 99 | 86 |
| Expenses | 38 | 21 | 22 | 35 | 19 | 27 | 30 | 29 |
| Operating profit | 65 | 55 | 40 | 62 | 61 | 65 | 70 | 57 |
| Operating margin | 63.0% | 73.0% | 65.0% | 64.0% | 77.0% | 71.0% | 70.0% | 66.0% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 7 | 4 | 3 | 3 | 2 | 3 | 3 | 3 |
| Depreciation | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 55 | 49 | 35 | 58 | 57 | 61 | 65 | 52 |
| Tax rate | 22.0% | 20.0% | 29.0% | 24.0% | 26.0% | 25.0% | 28.0% | 19.0% |
| Net profit | 43 | 39 | 25 | 44 | 42 | 45 | 47 | 42 |
| EPS (₹ per share) | 5.44 | 5.01 | 3.16 | 5.58 | 5.32 | 5.73 | 5.91 | 5.28 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 157 | 264 | 322 | 368 |
| Expenses | 100 | 99 | 108 | 111 |
| Operating profit | 56 | 165 | 214 | 258 |
| Other income | 9 | 7 | 0 | 0 |
| Interest | 6 | 16 | 20 | 11 |
| Depreciation | 0 | 1 | 8 | 8 |
| Profit before tax | 58 | 154 | 186 | 241 |
| Net profit | 42 | 117 | 144 | 178 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 31 | 34 | 34 | 78 | 79 | 79 |
| Reserves | 129 | 172 | 290 | 691 | 801 | 861 |
| Borrowings | 15 | 1 | 132 | 52 | 11 | 65 |
| Other liabilities | 461 | 383 | 349 | 420 | 306 | 564 |
| Total liabilities | 637 | 590 | 804 | 1,240 | 1,197 | 1,569 |
| Fixed assets | 5 | 8 | 12 | 21 | 20 | 17 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 27 | 36 | 38 | 142 | 108 | 237 |
| Other assets | 605 | 545 | 754 | 1,077 | 1,070 | 1,315 |
| Total assets | 637 | 590 | 804 | 1,240 | 1,197 | 1,569 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -242 | 48 | -40 | -100 | 20 | 114 |
| Cash from investing | 126 | 0 | -16 | 12 | -97 | 3 |
| Cash from financing | -10 | 14 | -6 | 112 | 181 | -6 |
| Net cash flow | -125 | 61 | -62 | 24 | 105 | 111 |
| Free cash flow | -245 | 46 | -44 | -106 | 4 | 110 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 111 | 103 | 102 | 100 | 74 | 198 |
| Cash conversion cycle | 111 | 103 | 102 | 100 | 74 | 198 |
| Working capital days | -953 | -918 | -540 | -327 | -347 | -325 |
| Return on capital employed | 35.0% | 48.0% | 29.0% | 52.0% | 33.0% | 28.0% |
| Dividend payout | 15.0% | 6.0% | 10.0% | 3.0% | 5.0% | 4.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Broking and Related Services contributes 93.6% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Broking and Related Services 93.6%
₹86.21 crore
- Non Banking Financial Business 4.9%
₹4.50 crore
- Asset Management Business 1.1%
₹1.06 crore
- Insurance Business 0.3%
₹0.28 crore
- Others 0.1%
₹0.09 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Broking and Related Services | 86.21 | 93.6% |
| Non Banking Financial Business | 4.50 | 4.9% |
| Asset Management Business | 1.06 | 1.1% |
| Insurance Business | 0.28 | 0.3% |
| Others | 0.09 | 0.1% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹92.15 crore
- Intersegment adjustment
- ₹1.10 crore
- Net segment revenue
- ₹91.05 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Each segment’s share of reported revenue, quarter by quarter.
| Segment | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Dec 2024 | Jun 2025 | Dec 2025 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Broking and Related Services | — | — | — | — | — | 98% | 99% | 94% | -11.8% |
| Non Banking Financial Business | — | — | — | — | 2% | 1% | 1% | 5% | +203.3% |
| Asset Management Business | — | — | — | — | — | — | — | 1% | — |
| Insurance Business | — | — | — | — | <1% | <1% | <1% | <1% | +34.6% |
| Others | — | — | — | — | — | — | — | <1% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 53.83% as of Sept 2026; institutions added 0.20 pts since Jun 2026.
- Promoters 53.83%
- Foreign institutions 3.03%
- Domestic institutions 0.09%
- Public 43.02%
- Others 0.04%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- FPI fund newly disclosed 1.22% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Monarch Networth Capital Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 10.28% | unchanged | |
| 8.76% | unchanged | |
| 6.27% | unchanged | |
| 6.19% | unchanged | |
| 5.56% | unchanged | |
| 4.32% | unchanged | |
| 3.65% | unchanged | |
| 3.31% | unchanged | |
| 3.30% | unchanged | |
| 3.11% | unchanged | |
| 2.85% | unchanged | |
| 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.
Your own record
Start an Inve Case for Monarch Networth Capital Limited
Free account: one company. Everything above stays public.
Write why you follow Monarch Networth Capital Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Financial Services companies
Learn to analyse Monarch Networth Capital Limited
Guides on how to read this kind of business and the numbers that matter.







