About Monarch Networth Capital Limited
Data last updated: 14 July 2026
Monarch Networth Capital Limited is a public limited company based in Gandhinagar, Gujarat, India. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 02 December 1993, the company has been in operation for over 33 years.
Registered with ROC Ahmedabad under CIN L64990GJ1993PLC120014. Listed on BSE: 511551.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹79.31 Cr. Formerly known as Networth Stock Broking Limited. It is led by directors including Vaibhav Shah and Manju Suresh Bafna.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Gandhinagar, Gujarat.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹372.17 Cr, a growth of 13.88% compared to the previous year. The net worth stands at ₹971.41 Cr (up 21.91% YoY). Total assets are valued at ₹1,572.32 Cr (up 27.26% YoY).
The company has a workforce of approximately 351 employees as per the latest available data. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand - Monarch Networth Capital. As per MCA filings, the company has open charges of ₹655.78 Cr and satisfied charges of ₹108.91 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mnclgroup.com.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered AddressUnit No. 803 – 804A 8Th Floor X – Change Plaza Block No. 53 Zone 5 Road – 5E Gift Cit, Y, Gandhinagar, Gujarat, India – 382355
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Monarch Networth Capital Limited
Monarch Networth Capital Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L64990GJ1993PLC120014, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L64990GJ1993PLC120014 | Current |
| L65920GJ1993PLC120014 | Previous |
| L65920MH1993PLC075393 | Previous |
Associated Brands with Monarch Networth Capital Limited
Monarch Networth Capital Limited operates one associated brand: Monarch Networth Capital. These brands represent Monarch Networth Capital Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Capital market assets are traded via an online platform. | mnclgroup.com |
Competitors & Alternatives of Monarch Networth Capital Limited
Brands and companies operating in the same space as Monarch Networth Capital Limited include Angel One, Upstox, Groww and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Angel One
|
App-based brokerage stock trading platform | Mumbai, India, India | 1996 |
Upstox
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Tech-driven trading platform is offered for low-cost brokerage services. | Mumbai, India, India | 2009 |
Groww
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An online platform for investments and trading services is offered. | Bengaluru, India, India | 2016 |
Fisdom
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Online investment and wealth management services are provided digitally. | Bengaluru, India, India | 2015 |
Tiger Brokers
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Online trading of stocks, securities, and options is enabled. | Beijing, China, China | 2014 |
Interactive Brokers
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Provider of online brokerage services and trading platforms | Greenwich, United States, United States | 1977 |
Kotak Securities
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Online platform for stock trading, mutual funds, and investment tools. | Mumbai, India, India | 1994 |
5paisa Capital
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Broker-based online platform for trading and investments is provided. | Thane, India, India | 2007 |
Business Activity of Monarch Networth Capital Limited
Monarch Networth Capital Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services, other financial activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Monarch Networth Capital Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Monarch Networth Capital Limited
Monarch Networth Capital Limited is audited by M A S K A & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M A S K A & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Monarch Networth Capital Limited
Monarch Networth Capital Limited is currently managed by 6 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vaibhav Shah
Also directs:
Sakariya Monarch Procon Llp, Monarch Networth Capital Limited, Monarch Networth Capital Ifsc Private Limited and 5 more
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Managing Director | 01 Dec 2014 | 11 Years 7 Months | Current |
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Manju Suresh Bafna
Also directs:
Monarch Networth Capital Limited, Monarch Networth Capital Ifsc Private Limited, Simandhar Securities Private Limited and 5 more
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Whole-Time Director | 30 Sep 2015 | 10 Years 9 Months | Current |
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Sathish Kumar
Also directs:
Monarch Networth Capital Limited, Strader Capital Limited
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Director | 17 Apr 2020 | 6 Years 3 Months | Current |
| Ashok Daulatraj Bafna | Whole-Time Director | 20 Aug 2020 | 5 Years 11 Months | Current |
| Avni Chouhan | Director | 20 Aug 2020 | 5 Years 11 Months | Current |
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Anish Sugathan
Also directs:
Monarch Networth Capital Limited
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Director | 22 Apr 2025 | 1 Years 2 Months | Current |
Financials of Monarch Networth Capital Limited FY 2026 filings available
Monarch Networth Capital Limited reported revenue of ₹372.17 Cr (up 13.88% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹372.17 Cr | ₹326.8 Cr | ₹259.64 Cr | ₹155.92 Cr | ₹144.48 Cr |
| Other Income | ₹1.1 Cr | ₹1.17 Cr | ₹19.35 Cr | ₹6.09 Cr | ₹10.08 Cr |
| Total Income | ₹373.28 Cr | ₹327.97 Cr | ₹279 Cr | ₹162.01 Cr | ₹154.56 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹46.41 Cr | ₹47.02 Cr | ₹42.6 Cr | ₹49.24 Cr | ₹34.43 Cr |
| Finance Costs | ₹6.82 Cr | ₹17.65 Cr | ₹13.03 Cr | ₹5.76 Cr | ₹2.05 Cr |
| Depreciation & Amortisation | ₹7.77 Cr | ₹7.55 Cr | ₹1.74 Cr | ₹1.12 Cr | ₹99.15 Lakh |
| Other Expenses | ₹67.95 Cr | ₹63.02 Cr | ₹57.49 Cr | ₹47.96 Cr | ₹44.65 Cr |
| Total Expenses | ₹128.96 Cr | ₹135.24 Cr | ₹114.86 Cr | ₹104.08 Cr | ₹82.12 Cr |
| Profit Before Exceptional Items & Tax | ₹244.32 Cr | ₹192.74 Cr | ₹164.14 Cr | ₹57.93 Cr | ₹72.44 Cr |
| Exceptional Items | -₹18,000 | -₹5.85 Lakh | -₹4.65 Lakh | -₹22,000 | -₹27.67 Lakh |
| Profit Before Tax | ₹244.32 Cr | ₹192.68 Cr | ₹164.1 Cr | ₹57.93 Cr | ₹72.17 Cr |
| Total Tax Expense | ₹63.13 Cr | ₹43.41 Cr | ₹40.95 Cr | ₹14.95 Cr | ₹18.12 Cr |
| Net Profit | ₹181.19 Cr | ₹149.27 Cr | ₹123.15 Cr | ₹42.97 Cr | ₹54.05 Cr |
| attributable to Owners | ₹0 | ₹0 | ₹0 | - | - |
| attributable to NCI | ₹0 | ₹0 | ₹0 | - | - |
| Other Comprehensive Income | ₹54.16 Lakh | -₹6.61 Lakh | -₹14.92 Lakh | -₹18.78 Lakh | ₹3.78 Cr |
| Total Comprehensive Income | ₹181.74 Cr | ₹149.2 Cr | ₹123 Cr | ₹42.78 Cr | ₹57.83 Cr |
| EBITDA (computed) | ₹258.91 Cr | ₹217.93 Cr | ₹178.9 Cr | ₹64.81 Cr | ₹75.48 Cr |
| Basic EPS | ₹22.91 | ₹20.15 | ₹36.36 | ₹12.63 | ₹18.63 |
| Diluted EPS | ₹22.81 | ₹19.89 | ₹36.36 | ₹12.63 | ₹18.19 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,572.32 Cr | ₹1,235.5 Cr | ₹808.18 Cr | ₹612.17 Cr |
| Non-current Assets | ₹30.33 Cr | ₹26.5 Cr | ₹31.25 Cr | ₹50.69 Cr |
| Current Assets | ₹1,541.99 Cr | ₹1,209.01 Cr | ₹776.92 Cr | ₹561.48 Cr |
| Property, Plant & Equipment | ₹21.4 Cr | ₹21.16 Cr | ₹12.59 Cr | ₹8.18 Cr |
| Inventories | ₹0 | ₹0 | ₹9.59 Cr | ₹17.42 Cr |
| Trade Receivables | ₹214.28 Cr | ₹90.97 Cr | ₹83.23 Cr | ₹45.82 Cr |
| Cash & Equivalents | ₹273.05 Cr | ₹162.94 Cr | ₹8.63 Cr | ₹47.78 Cr |
| Equity (Net Worth) | ₹971.41 Cr | ₹796.79 Cr | ₹345.91 Cr | ₹225.94 Cr |
| Equity Share Capital | ₹79.27 Cr | ₹78.46 Cr | ₹33.87 Cr | ₹33.87 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹1.95 Cr | ₹2.29 Cr |
| Borrowings (Current) | ₹26.76 Cr | ₹9.2 Cr | ₹111.01 Cr | ₹56.05 Lakh |
| Total Debt (computed) | ₹26.76 Cr | ₹9.2 Cr | ₹112.96 Cr | ₹2.85 Cr |
| Current Liabilities | ₹593.14 Cr | ₹438.71 Cr | ₹457.37 Cr | ₹381.69 Cr |
| Total Liabilities | ₹600.92 Cr | ₹438.71 Cr | ₹462.26 Cr | ₹386.23 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹114.2 Cr | ₹29.75 Cr | -₹144.64 Cr | -₹20.78 Cr | ₹45.06 Cr |
| Investing Cash Flow | -₹2.37 Cr | -₹86.78 Cr | ₹11.79 Cr | -₹17.74 Cr | -₹31.3 Lakh |
| Financing Cash Flow | -₹1.7 Cr | ₹170.9 Cr | ₹93.7 Cr | -₹4.72 Cr | ₹13.69 Cr |
| Capital Expenditure | ₹8.31 Cr | ₹16.23 Cr | ₹6.17 Cr | ₹4.05 Cr | ₹1.66 Cr |
| Free Cash Flow (computed) | ₹105.89 Cr | ₹13.52 Cr | -₹150.81 Cr | -₹24.82 Cr | ₹43.4 Cr |
| Dividends Paid | ₹7.93 Cr | ₹3.39 Cr | ₹3.39 Cr | ₹0 | ₹3.11 Cr |
| Net Change in Cash | ₹110.12 Cr | ₹113.87 Cr | -₹39.15 Cr | -₹43.23 Cr | ₹58.44 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹99.87 Cr | ₹91.2 Cr | ₹83.12 Cr | ₹97.98 Cr | ₹60.97 Cr | ₹76.65 Cr | ₹104.04 Cr | ₹83.95 Cr | ₹68.21 Cr | ₹75.81 Cr | ₹73.57 Cr | ₹41.34 Cr |
| Other Income | -₹34.48 Lakh | ₹75.58 Lakh | ₹29.49 Lakh | ₹39.89 Lakh | ₹84.67 Lakh | ₹5.99 Lakh | ₹21.21 Lakh | ₹1 Cr | ₹7.27 Cr | ₹7.12 Cr | ₹4.61 Cr | ₹1.06 Cr |
| Total Income | ₹99.53 Cr | ₹91.95 Cr | ₹83.41 Cr | ₹98.38 Cr | ₹61.82 Cr | ₹76.71 Cr | ₹104.26 Cr | ₹84.95 Cr | ₹75.48 Cr | ₹82.93 Cr | ₹78.18 Cr | ₹42.41 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹9.94 Cr | ₹12.85 Cr | ₹12.28 Cr | ₹11.34 Cr | ₹10.49 Cr | ₹13.05 Cr | ₹12.36 Cr | ₹11.13 Cr | ₹11.68 Cr | ₹10.14 Cr | ₹11.33 Cr | ₹9.45 Cr |
| Finance Costs | ₹2.02 Cr | ₹1.81 Cr | ₹1.36 Cr | ₹1.63 Cr | ₹2.43 Cr | ₹3.34 Cr | ₹6.45 Cr | ₹5.43 Cr | ₹4.96 Cr | ₹4.12 Cr | ₹2.57 Cr | ₹1.38 Cr |
| Depreciation & Amortisation | ₹2.12 Cr | ₹1.91 Cr | ₹1.9 Cr | ₹1.85 Cr | ₹1.89 Cr | ₹1.94 Cr | ₹3.21 Cr | ₹51.03 Lakh | ₹51.42 Lakh | ₹50.44 Lakh | ₹37.68 Lakh | ₹34.06 Lakh |
| Other Expenses | ₹22.07 Cr | ₹14.76 Cr | ₹7.07 Cr | ₹24.06 Cr | ₹12.27 Cr | ₹8.28 Cr | ₹25.67 Cr | ₹16.55 Cr | ₹18.29 Cr | ₹15.58 Cr | ₹13.42 Cr | ₹10.19 Cr |
| Total Expenses | ₹36.15 Cr | ₹31.32 Cr | ₹22.61 Cr | ₹38.87 Cr | ₹27.08 Cr | ₹26.6 Cr | ₹47.69 Cr | ₹33.62 Cr | ₹35.45 Cr | ₹30.35 Cr | ₹27.7 Cr | ₹21.36 Cr |
| Profit Before Exceptional Items & Tax | ₹63.38 Cr | ₹60.63 Cr | ₹60.8 Cr | ₹59.51 Cr | ₹34.73 Cr | ₹50.11 Cr | ₹56.56 Cr | ₹51.33 Cr | ₹40.03 Cr | ₹52.58 Cr | ₹50.48 Cr | ₹21.04 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹18,000 | -₹3.01 Lakh | -₹48,000 | ₹1.01 Lakh | -₹3.37 Lakh | -₹8,000 | ₹37,000 | -₹4.14 Lakh | -₹79,000 |
| Profit Before Tax | ₹63.38 Cr | ₹60.63 Cr | ₹60.8 Cr | ₹59.51 Cr | ₹34.7 Cr | ₹50.1 Cr | ₹56.57 Cr | ₹51.3 Cr | ₹40.03 Cr | ₹52.58 Cr | ₹50.44 Cr | ₹21.04 Cr |
| Total Tax Expense | ₹17.82 Cr | ₹15.22 Cr | ₹15.83 Cr | ₹14.26 Cr | ₹9.99 Cr | ₹9.59 Cr | ₹12.59 Cr | ₹11.24 Cr | ₹9.49 Cr | ₹14.03 Cr | ₹13.42 Cr | ₹4 Cr |
| Net Profit | ₹45.56 Cr | ₹45.41 Cr | ₹44.97 Cr | ₹45.25 Cr | ₹24.72 Cr | ₹40.51 Cr | ₹43.98 Cr | ₹40.06 Cr | ₹30.54 Cr | ₹38.56 Cr | ₹37.02 Cr | ₹17.03 Cr |
| attributable to Owners | ₹0 | ₹0 | - | ₹0 | ₹0 | - | - | ₹0 | ₹0 | ₹0 | - | - |
| attributable to NCI | ₹0 | ₹0 | - | ₹0 | ₹0 | - | - | ₹0 | ₹0 | ₹0 | - | - |
| Other Comprehensive Income | ₹78.23 Lakh | -₹20.78 Lakh | -₹3.29 Lakh | ₹0 | -₹6.61 Lakh | ₹0 | ₹0 | ₹0 | -₹14.92 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹46.34 Cr | ₹45.2 Cr | ₹44.94 Cr | ₹45.25 Cr | ₹24.65 Cr | ₹40.51 Cr | ₹43.98 Cr | ₹40.06 Cr | ₹30.39 Cr | ₹38.56 Cr | ₹37.02 Cr | ₹17.03 Cr |
| EBITDA (computed) | ₹67.51 Cr | ₹64.35 Cr | ₹64.06 Cr | ₹62.99 Cr | ₹39.05 Cr | ₹55.38 Cr | ₹66.22 Cr | ₹57.28 Cr | ₹45.51 Cr | ₹57.21 Cr | ₹53.43 Cr | ₹22.76 Cr |
| Basic EPS | ₹5.75 | ₹5.73 | ₹5.67 | ₹5.76 | ₹3.15 | ₹5.16 | ₹6.13 | ₹11.83 | ₹9.02 | ₹11.38 | ₹10.93 | ₹5.03 |
| Diluted EPS | ₹5.73 | ₹5.72 | ₹5.66 | ₹5.70 | ₹3.11 | ₹5.16 | ₹6.05 | ₹11.83 | ₹9.02 | ₹11.38 | ₹10.93 | ₹5.03 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Fees and Commission Income | ₹35.28 Cr | ₹67.57 Cr | ₹1,515.75 Cr | ₹600.25 Cr |
| Interest Income | ₹30.68 Cr | ₹0 | ₹0 | ₹0 |
| Net Gain/(Loss) on Fair Value Changes | ₹33.41 Cr | ₹0 | ₹0 | ₹0 |
| Other Income | ₹14.76 Lakh | ₹0 | ₹0 | ₹0 |
| Non Banking Financial Business | -₹10.36 Lakh | -₹76.79 Lakh | ₹42.19 Cr | ₹27.41 Lakh |
| Insurance Business | ₹58.72 Lakh | ₹15.23 Lakh | ₹4.64 Cr | ₹9.6 Lakh |
| Others | ₹58.19 Lakh | -₹50.08 Lakh | ₹9.75 Cr | ₹30.1 Lakh |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Fees and Commission Income | ₹155.31 Cr | ₹250.88 Cr | - | - |
| Interest Income | ₹111.53 Cr | ₹0 | - | - |
| Net Gain/(Loss) on Fair Value Changes | ₹101.49 Cr | ₹0 | - | - |
| Other Income | ₹90.86 Lakh | ₹0 | - | - |
| Non Banking Financial Business | ₹6.12 Cr | ₹4.92 Cr | - | - |
| Insurance Business | ₹1.1 Cr | ₹23.01 Lakh | - | - |
| Others | ₹1.13 Cr | -₹57.55 Lakh | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹368.34 Cr | ₹322.39 Cr | ₹252.77 Cr | ₹145.3 Cr | ₹137.56 Cr |
| Other Income | ₹90.86 Lakh | ₹57.36 Lakh | ₹19.03 Cr | ₹5.97 Cr | ₹9.43 Cr |
| Total Income | ₹369.25 Cr | ₹322.96 Cr | ₹271.8 Cr | ₹151.27 Cr | ₹146.99 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹45.39 Cr | ₹46.65 Cr | ₹42.25 Cr | ₹48.96 Cr | ₹33.59 Cr |
| Finance Costs | ₹10.94 Cr | ₹20.75 Cr | ₹15.77 Cr | ₹7.33 Cr | ₹2.05 Cr |
| Depreciation & Amortisation | ₹7.53 Cr | ₹7.55 Cr | ₹1.74 Cr | ₹1.12 Cr | ₹99.15 Lakh |
| Other Expenses | ₹64.94 Cr | ₹61.58 Cr | ₹56.85 Cr | ₹46.65 Cr | ₹44.32 Cr |
| Total Expenses | ₹128.8 Cr | ₹136.53 Cr | ₹116.61 Cr | ₹104.07 Cr | ₹80.95 Cr |
| Profit Before Exceptional Items & Tax | ₹240.45 Cr | ₹186.43 Cr | ₹155.19 Cr | ₹47.21 Cr | ₹66.04 Cr |
| Exceptional Items | -₹18,000 | -₹5.84 Lakh | -₹4.74 Lakh | -₹21,000 | -₹27.67 Lakh |
| Profit Before Tax | ₹240.45 Cr | ₹186.37 Cr | ₹155.15 Cr | ₹47.2 Cr | ₹65.77 Cr |
| Total Tax Expense | ₹61.8 Cr | ₹42.42 Cr | ₹38.63 Cr | ₹12.37 Cr | ₹17.02 Cr |
| Net Profit | ₹178.64 Cr | ₹143.95 Cr | ₹116.51 Cr | ₹34.84 Cr | ₹48.75 Cr |
| Other Comprehensive Income | -₹15.31 Lakh | -₹6.56 Lakh | -₹14.93 Lakh | -₹18.78 Lakh | ₹3.78 Cr |
| Total Comprehensive Income | ₹178.49 Cr | ₹143.89 Cr | ₹116.36 Cr | ₹34.65 Cr | ₹52.53 Cr |
| EBITDA (computed) | ₹258.92 Cr | ₹214.73 Cr | ₹172.7 Cr | ₹55.66 Cr | ₹69.09 Cr |
| Basic EPS | ₹22.58 | ₹19.43 | ₹34.40 | ₹10.23 | ₹16.92 |
| Diluted EPS | ₹22.49 | ₹19.18 | ₹34.40 | ₹10.23 | ₹16.52 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,569.05 Cr | ₹1,239.57 Cr | ₹804.23 Cr | ₹593.87 Cr |
| Non-current Assets | ₹25.34 Cr | ₹25.61 Cr | ₹63.55 Cr | ₹65.79 Cr |
| Current Assets | ₹1,543.71 Cr | ₹1,213.97 Cr | ₹740.68 Cr | ₹528.09 Cr |
| Property, Plant & Equipment | ₹17.01 Cr | ₹20.96 Cr | ₹12.38 Cr | ₹7.97 Cr |
| Inventories | ₹0 | ₹0 | ₹5.54 Cr | ₹13.37 Cr |
| Trade Receivables | ₹214.04 Cr | ₹90.84 Cr | ₹80.11 Cr | ₹42.32 Cr |
| Cash & Equivalents | ₹264.08 Cr | ₹152.97 Cr | ₹7.9 Cr | ₹24.54 Cr |
| Equity (Net Worth) | ₹940.5 Cr | ₹769.13 Cr | ₹323.57 Cr | ₹210.24 Cr |
| Equity Share Capital | ₹79.27 Cr | ₹78.46 Cr | ₹33.87 Cr | ₹33.87 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹1.95 Cr | ₹35.26 Lakh |
| Borrowings (Current) | ₹58.76 Cr | ₹41.36 Cr | ₹129.79 Cr | ₹56.04 Lakh |
| Total Debt (computed) | ₹58.76 Cr | ₹41.36 Cr | ₹131.74 Cr | ₹91.3 Lakh |
| Current Liabilities | ₹620.76 Cr | ₹470.45 Cr | ₹475.79 Cr | ₹381.03 Cr |
| Total Liabilities | ₹628.55 Cr | ₹470.45 Cr | ₹480.67 Cr | ₹383.63 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹113.98 Cr | ₹20.33 Cr | -₹140.45 Cr | -₹40.22 Cr | ₹48.13 Cr |
| Investing Cash Flow | ₹2.97 Cr | -₹96.87 Cr | ₹12.14 Cr | -₹15.56 Cr | -₹42.93 Lakh |
| Financing Cash Flow | -₹5.84 Cr | ₹181.18 Cr | ₹111.67 Cr | -₹6.29 Cr | ₹13.69 Cr |
| Capital Expenditure | ₹3.59 Cr | ₹0 | ₹6.17 Cr | ₹4.05 Cr | ₹1.66 Cr |
| Free Cash Flow (computed) | ₹110.4 Cr | ₹20.33 Cr | -₹146.61 Cr | -₹44.27 Cr | ₹46.46 Cr |
| Dividends Paid | ₹7.93 Cr | ₹3.39 Cr | ₹3.39 Cr | ₹0 | ₹3.11 Cr |
| Net Change in Cash | ₹111.11 Cr | ₹104.63 Cr | -₹16.64 Cr | -₹62.07 Cr | ₹61.39 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹99.37 Cr | ₹91.74 Cr | ₹79.83 Cr | ₹97.4 Cr | ₹61.78 Cr | ₹76.08 Cr | ₹102.81 Cr | ₹80.53 Cr | ₹66.95 Cr | ₹74.99 Cr | ₹71.08 Cr | ₹39.1 Cr |
| Other Income | ₹14.76 Lakh | ₹32.84 Lakh | ₹15.28 Lakh | ₹27.98 Lakh | ₹42.23 Lakh | ₹16,000 | ₹14.81 Lakh | ₹95.33 Lakh | ₹7.03 Cr | ₹7.08 Cr | ₹4.56 Cr | ₹1.02 Cr |
| Total Income | ₹99.52 Cr | ₹92.07 Cr | ₹79.98 Cr | ₹97.68 Cr | ₹62.21 Cr | ₹76.08 Cr | ₹102.96 Cr | ₹81.48 Cr | ₹73.97 Cr | ₹82.06 Cr | ₹75.64 Cr | ₹40.13 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹9.47 Cr | ₹12.54 Cr | ₹12.14 Cr | ₹11.24 Cr | ₹10.39 Cr | ₹12.96 Cr | ₹12.27 Cr | ₹11.04 Cr | ₹11.62 Cr | ₹10.03 Cr | ₹11.24 Cr | ₹9.36 Cr |
| Finance Costs | ₹2.95 Cr | ₹2.89 Cr | ₹2.43 Cr | ₹2.68 Cr | ₹3.37 Cr | ₹4.07 Cr | ₹7.2 Cr | ₹6.12 Cr | ₹5.57 Cr | ₹4.84 Cr | ₹3.34 Cr | ₹2.03 Cr |
| Depreciation & Amortisation | ₹1.88 Cr | ₹1.91 Cr | ₹1.9 Cr | ₹1.85 Cr | ₹1.89 Cr | ₹1.94 Cr | ₹3.21 Cr | ₹51.03 Lakh | ₹51.42 Lakh | ₹50.44 Lakh | ₹37.68 Lakh | ₹34.06 Lakh |
| Other Expenses | ₹20.38 Cr | ₹14.18 Cr | ₹6.6 Cr | ₹23.78 Cr | ₹11.52 Cr | ₹7.87 Cr | ₹25.53 Cr | ₹16.4 Cr | ₹18.02 Cr | ₹15.4 Cr | ₹13.31 Cr | ₹10.12 Cr |
| Total Expenses | ₹34.68 Cr | ₹31.52 Cr | ₹23.07 Cr | ₹39.54 Cr | ₹27.18 Cr | ₹26.84 Cr | ₹48.21 Cr | ₹34.07 Cr | ₹35.71 Cr | ₹30.77 Cr | ₹28.27 Cr | ₹21.86 Cr |
| Profit Before Exceptional Items & Tax | ₹64.85 Cr | ₹60.55 Cr | ₹56.92 Cr | ₹58.14 Cr | ₹35.03 Cr | ₹49.24 Cr | ₹54.74 Cr | ₹47.42 Cr | ₹38.26 Cr | ₹51.29 Cr | ₹47.38 Cr | ₹18.27 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹18,000 | -₹3.03 Lakh | -₹47,000 | ₹1.01 Lakh | -₹3.37 Lakh | -₹8,000 | ₹37,000 | -₹4.14 Lakh | -₹88,000 |
| Profit Before Tax | ₹64.85 Cr | ₹60.55 Cr | ₹56.92 Cr | ₹58.13 Cr | ₹35 Cr | ₹49.24 Cr | ₹54.76 Cr | ₹47.38 Cr | ₹38.26 Cr | ₹51.3 Cr | ₹47.33 Cr | ₹18.26 Cr |
| Total Tax Expense | ₹17.98 Cr | ₹15.16 Cr | ₹14.77 Cr | ₹13.9 Cr | ₹10.21 Cr | ₹9.9 Cr | ₹12.04 Cr | ₹10.27 Cr | ₹9.03 Cr | ₹13.67 Cr | ₹12.64 Cr | ₹3.3 Cr |
| Net Profit | ₹46.86 Cr | ₹45.39 Cr | ₹42.15 Cr | ₹44.24 Cr | ₹24.79 Cr | ₹39.34 Cr | ₹42.72 Cr | ₹37.11 Cr | ₹29.23 Cr | ₹37.63 Cr | ₹34.7 Cr | ₹14.96 Cr |
| Other Comprehensive Income | ₹8.76 Lakh | -₹20.78 Lakh | -₹3.29 Lakh | ₹0 | -₹6.56 Lakh | ₹0 | ₹0 | ₹0 | -₹14.93 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹46.95 Cr | ₹45.19 Cr | ₹42.12 Cr | ₹44.24 Cr | ₹24.72 Cr | ₹39.34 Cr | ₹42.72 Cr | ₹37.11 Cr | ₹29.08 Cr | ₹37.63 Cr | ₹34.7 Cr | ₹14.96 Cr |
| EBITDA (computed) | ₹69.67 Cr | ₹65.35 Cr | ₹61.24 Cr | ₹62.66 Cr | ₹40.29 Cr | ₹55.25 Cr | ₹65.16 Cr | ₹54.04 Cr | ₹44.34 Cr | ₹56.63 Cr | ₹51.09 Cr | ₹20.64 Cr |
| Basic EPS | ₹5.91 | ₹5.73 | ₹5.32 | ₹5.63 | ₹3.16 | ₹5.01 | ₹5.96 | ₹10.96 | ₹8.63 | ₹11.11 | ₹10.24 | ₹4.42 |
| Diluted EPS | ₹5.90 | ₹5.71 | ₹5.31 | ₹5.57 | ₹3.12 | ₹4.95 | ₹5.88 | ₹10.96 | ₹8.63 | ₹11.11 | ₹10.24 | ₹4.42 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Fees and Commission Income | ₹35.29 Cr | ₹67.79 Cr | ₹1,569.05 Cr | ₹628.55 Cr |
| Interest Income | ₹30.68 Cr | ₹0 | ₹0 | ₹0 |
| Net Gain/(Loss) on Fair Value Changes | ₹33.41 Cr | ₹0 | ₹0 | ₹0 |
| Other Income | ₹14.76 Lakh | ₹0 | ₹0 | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Fees and Commission Income | ₹155.32 Cr | ₹251.39 Cr | - | - |
| Interest Income | ₹111.53 Cr | ₹0 | - | - |
| Net Gain/(Loss) on Fair Value Changes | ₹101.49 Cr | ₹0 | - | - |
| Other Income | ₹90.86 Lakh | ₹0 | - | - |
Shareholding Pattern of Monarch Networth Capital Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 53.86%, foreign institutional investors hold 1.47%, domestic institutional investors hold 0.15%, retail and other public shareholders hold 44.52% of Monarch Networth Capital Limited. The company had 19,072 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 53.86% | 53.41% | 52.86% | 52.88% | 52.79% | 52.79% |
| Public | 46.14% | 46.59% | 47.13% | 46.14% | 47.21% | 47.21% |
| Employee Trusts | 0.00% | 0.00% | 0.02% | 0.98% | 0.00% | 0.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Promoters | 53.86% | 52.79% | 55.92% | 51.03% | 55.20% |
| Public | 46.14% | 47.21% | 44.08% | 48.97% | 44.80% |
| Promoter change (YoY, %pts) | +1.07 | -3.13 | +4.89 | -4.17 | - |
Board & Governance of Monarch Networth Capital Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Monarch Networth Capital Limited has 6 directors - 3 independent and 3 executive. The board is chaired by MANJU SURESH BAFNA.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| VAIBHAV JAYANTILAL SHAH | Executive Director · MD | 2014-12-01 | 1 |
| MANJU SURESH BAFNA | Executive Director · Chairperson | 2015-09-30 | 1 |
| ASHOK DAULATRAJ BAFNA | Executive Director | 2020-08-20 | 1 |
| SATHISH KUMAR PAZHAMALAI | Non-Executive - Independent Director | 2020-04-17 | 1 |
| AVNI CHOUHAN | Non-Executive - Independent Director | 2020-08-20 | 4 |
| ANISH SUGATHAN | Non-Executive - Independent Director | 2025-04-22 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | SATHISH KUMAR PAZHAMALAI (Chairperson), VAIBHAV JAYANTILAL SHAH, AVNI CHOUHAN |
| Nomination and remuneration committee | SATHISH KUMAR PAZHAMALAI (Chairperson), MANJU SURESH BAFNA, AVNI CHOUHAN |
| Stakeholders Relationship Committee | SATHISH KUMAR PAZHAMALAI (Chairperson), VAIBHAV JAYANTILAL SHAH, AVNI CHOUHAN |
| Risk Management Committee | VAIBHAV JAYANTILAL SHAH (Chairperson), GAURAV BHANDARI, AVNI CHOUHAN |
| Corporate Social Responsibility Committee | VAIBHAV JAYANTILAL SHAH (Chairperson), MANJU SURESH BAFNA, AVNI CHOUHAN |
Group Structure of Monarch Networth Capital Limited
Monarch Networth Capital Limited has 3 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Monarch Networth Capital Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Monarch Networth Finserve Private Limited | U65900MH1996PTC100919 | - |
| Monarch Networth Capital Ifsc Private Limited | U65929GJ2017PTC096239 | - |
| Monarch Networth Investment Advisors Private Limited | U74140GJ2007PTC052348 | - |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Monarch Networth Capital Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2025 | Others | ₹25 Cr | Open |
| 28 Jul 2025 | Others | ₹98 Lakh | Open |
| 24 Jun 2025 | Others | ₹25 Lakh | Open |
| 18 Feb 2025 | Axis Bank Limited | ₹185 Cr | Open |
| 08 Feb 2023 | Others | ₹25.1 Cr | Open |
Total charge records: 19 View all charges
Employees and EPFO Compliance at Monarch Networth Capital Limited
Monarch Networth Capital Limited has a workforce of 351 employees as of Feb 13, 2026.
Employee and EPFO history for Monarch Networth Capital Limited
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GST Compliance of Monarch Networth Capital Limited
GST registrations and filing compliance for Monarch Networth Capital Limited
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Credit Ratings, Litigation & Regulatory Alerts for Monarch Networth Capital Limited
Credit ratings, litigation, and regulatory alerts for Monarch Networth Capital Limited
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MSME Payment Delays by Monarch Networth Capital Limited
MSME payment history for Monarch Networth Capital Limited
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Subsidiaries & Group Companies of Monarch Networth Capital Limited
Corporate group structure for Monarch Networth Capital Limited
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MCA Filings & Documents of Monarch Networth Capital Limited
MCA filings and documents for Monarch Networth Capital Limited
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Recent Activity on Monarch Networth Capital Limited
Recent News on Monarch Networth Capital Limited
Frequently Asked Questions about Monarch Networth Capital Limited
Monarch Networth Capital Limited is an active public limited company in the financial services sector based in Gandhinagar, Gujarat, India. It was incorporated on 02 December 1993 (33+ years old) and is registered under CIN L64990GJ1993PLC120014. Listed on BSE: 511551. The company has 351 employees.
Monarch Networth Capital Limited reported revenue of ₹372.17 Cr for FY 2026 (up 13.88% YoY) based on consolidated NSE filings.
The current directors of Monarch Networth Capital Limited are:
- Vaibhav Shah - Managing Director
- Manju Suresh Bafna - Whole-Time Director
- Sathish Kumar - Director
- Ashok Daulatraj Bafna - Whole-Time Director
- Avni Chouhan - Director
- Anish Sugathan - Director
The primary industry of Monarch Networth Capital Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Yes. Monarch Networth Capital Limited is listed on BSE with code 511551.
Monarch Networth Capital Limited can be reached at the registered office: Unit No. 803 – 804A 8Th Floor X – Change Plaza Block No. 53 Zone 5 Road – 5E Gift Cit, Y, Gandhinagar, Gujarat, India – 382355, or through the website mnclgroup.com.