MarketFriction

Monarch Networth Capital Ltd

NSE MONARCH · BSE 511551 · Stockbroking & Allied
₹342.70 +1.44%
NSE close2026-10-01
52 week range235.45 - 406.95
Market cap₹2,714 Cr.
P/E15.0
Price band 20% Delivery 40.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales78836885104776198839110091
Expenses252630283821233519283231
Operating Profit535738576655386364646860
OPM %68%69%56%67%63%72%63%64%77%70%68%66%
Other Income0070001001-00
Interest345563221222
Depreciation001132222222
Profit before tax505340515750356061616356
Tax %27%27%24%22%22%19%29%24%26%25%28%19%
Net Profit373931404441254545454645
EPS in Rs5.475.704.515.925.615.163.155.715.675.735.755.70
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5369927670103154162278328373365
Expenses4250655958607997100110114110
Operating Profit1120261812427564178218259255
OPM %21%29%29%23%17%41%49%40%64%66%69%70%
Other Income02330-4101001
Interest86758226131877
Depreciation411111112888
Profit before tax-01522154357258164193244240
Tax %-285%14%12%13%36%30%25%26%25%23%26%
Net Profit01219132245443123149181181
EPS in Rs0.082.063.122.150.363.928.706.3518.1919.0222.8622.85
Dividend Payout %0%0%0%0%0%13%6%8%3%5%4%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth22%29%32%7%
Compounded Profit Growth81%46%62%17%
Stock Price CAGR35%38%27%8%
Return on Equity26%27%26%21%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital303030313131313134347879
Reserves11121437495177137188312718892
Borrowings26551816261241731131937
Other Liabilities8656158117124372298462383349420564
Total Liabilities1531532202022304654106476088081,2361,572
Fixed Assets743334558132121
CWIP000000000000
Investments3332218112127120218
Other Assets1431462141972264603976315797681,0951,333
Total Assets1531532202022304654106476088081,2361,572
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity111553363264-23545-21-10830114
Cash from Investing Activity0-2-29-2-19-121126-0-1816-87-2
Cash from Financing Activity-5-12-20-98-23-1014-594171-2
Net Cash Flow62425-8121-11958-431114110
Free Cash Flow101442351263-23843-25-11414106
CFO/OP77%128%274%145%54%2,236%-547%84%-6%-37%31%68%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days373410519237372357112101999873196
Inventory Days
Days Payable
Cash Conversion Cycle373410519237372357112101999873196
Working Capital Days-162-148-262-226-291-1,589-821-832-489-315-342-320
ROCE %18%9%27%39%20%11%41%50%31%52%33%28%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters52.37%55.87%55.93%55.93%52.78%52.78%52.78%52.88%52.86%53.41%53.86%53.83%
FIIs1.67%0.93%0.52%0.13%1.66%1.55%1.36%1.74%1.78%1.44%1.47%2.77%
DIIs0.00%0.00%0.15%0.00%0.85%0.80%0.83%0.82%0.26%0.15%0.15%0.15%
Public45.96%43.21%43.41%43.96%44.71%44.86%45.03%43.59%45.09%44.99%44.51%43.19%
Others0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.98%0.02%0.00%0.00%0.05%
No. of Shareholders6,5647,6057,8278,53317,18016,90817,96518,56120,53119,56419,07218,430

Fundamentals

Market Cap₹ 2,714 Cr.
Current Price₹ 343
Stock P/E15.0
Book Value₹ 123
ROCE27.6 %
ROE20.5 %
Dividend Yield0.29 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)17%
Consolidated figures.
Valuation
Market capRs 2,717 Cr
Enterprise valueRs 2,045 Cr
P/E (TTM)15.00x
Price to book2.80x
Price to sales7.44x
EV / EBITDA7.99x
EV / EBIT8.25x
EV / sales5.60x
Price to cash flow23.79x
Earnings yield6.67%
Dividend yield0.29%
P/E, 3-year average11.86x
P/B, 3-year average2.63x
P/E, 5-year average9.74x
P/B, 5-year average2.23x
Profitability
Operating margin (excl. other income)69.38%
Operating margin (incl. other income)69.44%
EBITDA margin70.14%
Pre-tax margin65.85%
Net profit margin49.61%
Net margin, latest quarter49.71%
ROE20.49%
ROCE27.52%
ROA12.90%
ROE, 3-year average30.00%
ROCE, 3-year average37.45%
ROA, 3-year average14.97%
ROE, 5-year average30.25%
ROCE, 5-year average38.71%
ROA, 5-year average12.39%
ROIC (approx.)61.29%
Tax rate25.84%
Other income / net worth0.02%
Growth
Sales growth (latest year)13.83%
Profit growth (latest year)21.38%
Sales CAGR, 3 years32.16%
Sales CAGR, 5 years29.45%
Profit CAGR, 3 years61.56%
Profit CAGR, 5 years49.40%
Sales growth QoQ-8.99%
Profit growth QoQ-0.83%
Sales growth YoY (latest quarter)-7.24%
Profit growth YoY (latest quarter)-0.15%
Per share
EPS (TTM)Rs 22.85
EPS (latest year)Rs 22.86
EPS (latest quarter)Rs 5.70
EPS, 3-year averageRs 26.08
EPS, 5-year averageRs 21.67
Book value per shareRs 122.55
Sales per shareRs 46.06
Cash flow per shareRs 14.41
Free cash flow per shareRs 13.37
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.00
Dividend per share, 5-year averageRs 1.00
Dividends
Dividend payout4.38%
Dividend payout, 3-year average4.13%
Dividend payout, 5-year average5.20%
Efficiency
Asset turnover0.24x
Fixed asset turnover17.35x
Debtor days196 days
Debtors turnover1.86x
Cash conversion cycle196 days
Working capital days-320 days
Leverage
Total debtRs 37 Cr
Cash and bankRs 709 Cr
Net debtRs -671 Cr
Debt to equity0.04x
Net debt / EBITDA-2.62x
Interest coverage33.10x
Current ratio (filing 2026-03-31)2.60x
Quick ratio (filing 2026-03-31)2.60x
Trade payables (filing 2026-03-31)Rs 504 Cr
Owners' fund to total sources61.78%
Debt to assets2.37%
Cash flow
Cash from Operating Activity (latest year)Rs 114 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 110 Cr
Free cash flow (latest year)Rs 106 Cr
FCFE (approx.: FCF + change in debt)Rs 124 Cr
Cash from ops / profit, 5 years0.11x
Sales to cash flow3.26x
Statement figures
Net sales (TTM)Rs 365 Cr
Net sales (latest year)Rs 373 Cr
Sales (latest quarter)Rs 91 Cr
Operating profit excl. other income (latest year)Rs 259 Cr
Operating profit (latest quarter)Rs 60 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 256 Cr
PBDT (TTM)Rs 249 Cr
Profit before tax (TTM)Rs 240 Cr
Tax (latest year)Rs 63 Cr
Net profit (TTM)Rs 181 Cr
Net profit (latest year)Rs 181 Cr
Net profit (latest quarter)Rs 45 Cr
Depreciation (TTM)Rs 8 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 28 Cr
Total expenditure (latest year)Rs 114 Cr
Total income (latest year)Rs 373 Cr
Share capitalRs 79 Cr
ReservesRs 892 Cr
Shareholders' fundsRs 971 Cr
Total assetsRs 1,572 Cr
Net blockRs 21 Cr
InvestmentsRs 218 Cr
ReceivablesRs 200 Cr
Other liabilitiesRs 564 Cr
Shares outstanding (crore)7.93
Ownership
Promoter holding53.83% (+0.95 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 15.0 is at the 28th percentile of its own 9.4-year range (median 20.9, low 5.0, high 115.0).
P/B 2.80 is at the 30th percentile (median 4.59).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodMONARCHNifty 50Difference
1 week-6.3%-2.8% -3.5 pts
1 month-8.5%-6.8% -1.7 pts
3 months-0.9%-7.6% +6.7 pts
6 months+37.2%+0.4% +36.8 pts
1 year+5.0%-9.9% +14.9 pts
2 years-21.1%-13.6% -7.6 pts
3 years+105.4%+14.2% +91.2 pts
5 years+383.0%+27.9% +355.1 pts

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was 8% of net profit over the last 3 years
explainReceivables outrunning sales Receivables grew 205% vs sales +14% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹91 Cr -7.1% vs Jun 2025. Net profit ₹45 Cr +0.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-21Dividend - Re 1 Per Share
2025-09-19Dividend - Re 1 Per Share
2024-09-13Bonus 1:10.5000
2024-08-02Dividend - Re 1 Per Share
2023-09-15Dividend - Re 1 Per Share
2023-09-15Annual General Meeting
2022-09-14Annual General Meeting/Dividend - Re 1 Per Share
DateTypeWhat it says
2026-09-28Shareholder meetingVoting results.
2026-09-25Shareholder meetingProceedings of Annual General Meeting held on September 25, 2026
2026-09-03General UpdatesGeneral Updates - Web-Link To Notice of 33Rd Annual General Meeting ("AGM") of Monarch Networth Capital Limited and Annual Report for The Financial Ye...
2026-09-02Shareholder meetingNotice of Annual General Meeting to be held on September 25, 2026
2026-08-11Record DateRecord date for the purpose of Dividend is 21-Aug-2026.
2026-08-10General UpdatesClarification regarding typographical error in Consolidated Financial Results submittedto the Stock Exchanges.
2026-08-10Board meeting outcomeMonarch Networth Capital Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-28Volume querySignificant increase in volume has been observed in Monarch Networth Capital Limited. The Exchange, in order to ensure that investors have latest rele...
2026-07-27Volume querySignificant increase in volume has been observed in Monarch Networth Capital Limited. The Exchange, in order to ensure that investors have latest rele...
2026-06-11ESOPAllotment of 40000 Shares.
2026-05-21General UpdatesGeneral Updates- Intimation under Regulation 30 of Listing Regulation with respect to Incorporation of a Wholly Owned Subsidiary Company.
2026-05-15Press ReleaseA press release dated May 15, 2026, titled "Press Release Annual Results FY 2025-26 & Strategic Roadmap for FY 2026-27".
2026-05-15Board meeting outcomeMonarch Networth Capital Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-15DividendBoard of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Re. 1 per equity share.
2026-04-28Disclosure under SEBI TakeovAshok Bafna has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqui...
2026-04-27Press ReleaseA press release dated April 27, 2026, titled "Press Release Monarch Networth Capital Limited Successfully Raises Rs 100 Crore for Its Maiden PMS; Si...
2026-04-02Granting/withdrawal/surrendeReceipt of Mutual License from SEBI
2026-03-10ResignationResignation of Mr Vaibhav Purohit as Group Chief Compliance Officer of the company w.e.f. March 10, 2026.
2026-01-22AppointmentAppointment of Mr. Shailen Ramesh Shah as Group Director of the company w.e.f. January 22, 2026.
2026-01-22Board meeting outcomeMonarch Networth Capital Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-01-16UpdatesIntimation Towards Change in the Constitution of the Statutory Auditors.
2026-01-12General UpdatesFurther investment in Wholly-Owned Subsidiary Company
2025-12-16Press ReleaseA press release dated December 16, 2025, titled "Monarch Networth Capital Ltd. launches its maiden PMS Scheme".
2025-11-14Board meeting outcomeOutcome of the Board Meeting held on November 14, 2025
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Monarch Networth Capital Ltd?

Monarch Networth Capital Ltd (MONARCH) has a market capitalisation of Rs 2,714 Cr. at the 2026-10-01 close.

What is the P/E ratio of Monarch Networth Capital Ltd?

Monarch Networth Capital Ltd trades at a P/E of 15.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Monarch Networth Capital Ltd's latest quarterly results?

In the Jun 2026 quarter, Monarch Networth Capital Ltd sales was Rs 91 Cr (-7.1% vs Jun 2025) and net profit was Rs 45 Cr.

What is the 52-week high and low of Monarch Networth Capital Ltd?

The 52-week high is Rs 406.95 and the 52-week low is Rs 235.45.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03