Company Monarch Networth Capital Limited

Stocks

MONARCH

INE903D01011

Investment Banking & Brokerage Services

Market Closed - Bombay S.E. 11:02:22 21/08/2026 BST			5-day change	1st Jan Change
384.90 ^INR	-1.70%		-1.30%	+25.05%

08-13	Monarch Networth Capital Limited Provides Earnings Guidance for the Fiscal Year 2027	CI
08-10	Monarch Networth Capital Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI

Business description: Monarch Networth Capital Limited

Monarch Networth Capital Limited is an India-based financial services provider. The Company is mainly engaged in share and stock broking, merchant banking, and mutual fund distribution. The Company operates through three segments: Broking and other Finance Market Services, Non-Banking Finance Business, and Insurance business. Its business includes retail broking, institutional equities, investment banking, alternative investment funds, wealth & third-party products, debt capital market, and portfolio management service. Its customers include resident and non-resident individuals, HUFâ€™s, corporates, and others. The Company execute transactions in capital markets/ equity derivatives/ commodity derivatives/ currency derivatives segments on behalf of its clients which include retail customers (including high net worth individuals), mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients.

Number of employees: 419

Sales by Activity: Monarch Networth Capital Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Broking and Related Services - Fees and Commission Income	-	915M	795M	1.28B	1.91B
Broking and Related Services - Interest Income	-	323M	452M	720M	1.08B
Broking and Related Services - Net Gain/ Loss On Fair Value Changes	-	-	-	-	233M
Advisory Income	116M	-	-	-	-
Financial Products Distribution	5.84M	-	-	-	-
Inter Segment	-4.55M	-12K	-15.74M	-27.44M	-31.56M
Non Banking Financial Business	99.56M	41.41M	110M	82.6M	66.33M
Asset Management Services	-	69.58M	21.79M	89.95M	-
Insurance Business	8.92M	13M	13.3M	16.83M	15.35M
Broking and Related Services - Other Income	109M	101M	60.02M	190M	5.74M
Merchant Banking & Other Services	-	82.55M	184M	439M	-
Merchant Banking Income	1.29M	-	-	-	-
Broking	694M	-	-	-	-

See all business segments

Geographical breakdown of sales: Monarch Networth Capital Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
India	975M	1.53B	1.58B	2.67B	3.13B

See all geographic segments

Executive Committee: Monarch Networth Capital Limited

Manager	Title	Age	Since
Gaurav Bhandari CEO	Chief Executive Officer	-	09/06/2019
Govinda Meghani DFI	Director of Finance/CFO	-	15/09/2024
Nitesh Tanwar CMP	Compliance Officer	-	11/03/2024
Bankim Jayanthilal Shah COO	Chief Operating Officer	52	31/12/2014
Vaibhav Jayantilal Shah CEO	Chief Executive Officer	54	11/02/2016

See MONARCH NETWORTH CAPITAL LIMITED governance

Composition of the Board of Directors: Monarch Networth Capital Limited

Director	Title	Age	Since
Vaibhav Jayantilal Shah CHM	Chairman	54	11/02/2016
Ashok Daulatraj Bafna BRD	Director/Board Member	54	19/08/2020
Manju Suresh Bafna CHM	Chairman	63	-
Sathish Kumar Pazhamalai BRD	Director/Board Member	46	16/04/2020
Avni Chouhan BRD	Director/Board Member	35	-
Anish Sugathan BRD	Director/Board Member	-	21/04/2025

Composition of the Board of Directors

Shareholders: Monarch Networth Capital Limited

Name	Stocks	%	Valuation
Manju Suresh Bafna 10.28 %	8,150,114	10.28 %	33 M ₹
Vaibhav Jayantilal Shah 8.76 %	6,947,630	8.76 %	28 M ₹
Suresh Babulal Bafna 6.336 %	5,025,000	6.336 %	21 M ₹
Bela Himanshu Shah 6.269 %	4,972,000	6.269 %	20 M ₹
Monarch Infraparks Pvt Ltd. 6.168 %	4,891,425	6.168 %	20 M ₹

List of MONARCH NETWORTH CAPITAL LIMITED shareholders

Holdings: Monarch Networth Capital Limited

Name	Stocks	%	Valuation
YASH HIGHVOLTAGE LTD. 2.73%	782,000	2.73%	8 M $

Company details: Monarch Networth Capital Limited

Monarch Networth Capital Ltd.

Monarch House

380009, Ahmedabad

+91 79 2666 6500

http://www.mnclgroup.com

address Monarch Networth Capital Limited(MONARCH)

Brokerage Services

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
MONARCH NETWORTH CAPITAL LIMITED	-1.70%	-1.30%	+14.40%	+129.69%	319M
EAST MONEY INFORMATION CO.,LTD.	+0.59%	-2.88%	-29.44%	+23.11%	44.51B
GUOTAI HAITONG SECURITIES CO., LTD.	-0.63%	-3.18%	-16.68%	+16.72%	42.94B
INTERACTIVE BROKERS GROUP, INC.	+4.47%	+1.97%	+50.26%	+303.57%	42.53B
CHINA GALAXY SECURITIES CO., LTD.	+4.39%	+3.14%	-37.08%	+93.48%	16.64B
ORIENT SECURITIES COMPANY LIMITED	-0.11%	-1.76%	-24.36%	-13.50%	10.56B
XP INC.	+5.13%	+6.26%	+3.96%	-33.84%	8.53B
CINDA SECURITIES CO., LTD.	+0.55%	-0.90%	-8.31%	-17.88%	7.93B
CHANGJIANG SECURITIES COMPANY LIMITED	+0.70%	-4.87%	+7.23%	+36.08%	7.07B
DONGXING SECURITIES CORPORATION LIMITED	+0.44%	-0.15%	+13.62%	+58.51%	6.54B
Average	+0.80%	-0.72%	-2.64%	+59.59%	18.76B
Weighted average by Cap.	+1.42%	-1.50%	-3.47%	+87.00%