Company Monarch Networth Capital Limited

Stocks

MONARCH

INE903D01011

Investment Banking & Brokerage Services

Market Closed - Bombay S.E. 03:32:22 24/08/2026 pm IST			5-day change	1st Jan Change
383.85 ^INR	-0.27%		-1.56%	+24.71%

13/08	Monarch Networth Capital Limited Provides Earnings Guidance for the Fiscal Year 2027	CI
10/08	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	-	91Cr	80Cr	127.92Cr	190.67Cr
Broking and Related Services - Interest Income	-	32Cr	45Cr	72Cr	108.43Cr
Broking and Related Services - Net Gain/ Loss On Fair Value Changes	-	-	-	-	23Cr
Advisory Income	12Cr	-	-	-	-
Financial Products Distribution	58.43L	-	-	-	-
Inter Segment	-45.48L	-12T	-1.57Cr	-2.74Cr	-3.16Cr
Non Banking Financial Business	9.96Cr	4.14Cr	11Cr	8.26Cr	6.63Cr
Asset Management Services	-	6.96Cr	2.18Cr	8.99Cr	-
Insurance Business	89.24L	1.3Cr	1.33Cr	1.68Cr	1.53Cr
Broking and Related Services - Other Income	11Cr	10Cr	6Cr	19Cr	57.36L
Merchant Banking & Other Services	-	8.26Cr	18Cr	44Cr	-
Merchant Banking Income	12.91L	-	-	-	-
Broking	69Cr	-	-	-	-

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	97Cr	153.43Cr	157.66Cr	267.24Cr	312.57Cr

See all geographic segments

Executive Committee: Monarch Networth Capital Limited

Manager	Title	Age	Since
Gaurav Bhandari CEO	Chief Executive Officer	-	10/06/2019
Govinda Meghani DFI	Director of Finance/CFO	-	16/09/2024
Bankim Jayanthilal Shah COO	Chief Operating Officer	52	01/01/2015
Nitesh Tanwar CMP	Compliance Officer	-	12/03/2024
Vaibhav Jayantilal Shah CEO	Chief Executive Officer	54	12/02/2016

See MONARCH NETWORTH CAPITAL LIMITED governance

Composition of the Board of Directors: Monarch Networth Capital Limited

Director	Title	Age	Since
Ashok Daulatraj Bafna BRD	Director/Board Member	54	20/08/2020
Manju Suresh Bafna CHM	Chairman	63	-
Vaibhav Jayantilal Shah CHM	Chairman	54	12/02/2016
Avni Chouhan BRD	Director/Board Member	35	-
Sathish Kumar Pazhamalai BRD	Director/Board Member	46	17/04/2020
Anish Sugathan BRD	Director/Board Member	-	22/04/2025

Composition of the Board of Directors

Shareholders: Monarch Networth Capital Limited

Name	Stocks	%	Valuation
Manju Suresh Bafna 10.28 %	81,50,114	10.28 %	33 M ₹
Vaibhav Jayantilal Shah 8.76 %	69,47,630	8.76 %	28 M ₹
Suresh Babulal Bafna 6.336 %	50,25,000	6.336 %	21 M ₹
Bela Himanshu Shah 6.269 %	49,72,000	6.269 %	20 M ₹
Monarch Infraparks Pvt Ltd. 6.168 %	48,91,425	6.168 %	20 M ₹

List of MONARCH NETWORTH CAPITAL LIMITED shareholders

Holdings: Monarch Networth Capital Limited

Name	Stocks	%	Valuation
YASH HIGHVOLTAGE LTD. 2.73%	7,82,000	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

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MONARCH NETWORTH CAPITAL LIMITED	-0.27%	-1.56%	+14.79%	+130.96%	32Cr
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INTERACTIVE BROKERS GROUP, INC.	-1.23%	-1.63%	+47.85%	+304.27%	4.25TCr
CHINA GALAXY SECURITIES CO., LTD.	-0.71%	+2.40%	-38.88%	+90.67%	1.66TCr
ORIENT SECURITIES COMPANY LIMITED	+0.22%	-1.54%	-26.32%	-12.88%	1.06TCr
XP INC.	+1.19%	+8.31%	+1.70%	-35.22%	853.08Cr
CINDA SECURITIES CO., LTD.	+0.55%	-0.36%	-16.18%	-23.08%	793.09Cr
CHANGJIANG SECURITIES COMPANY LIMITED	+0.35%	-4.54%	+4.86%	+39.19%	707.47Cr
DONGXING SECURITIES CORPORATION LIMITED	+0.51%	+0.37%	+9.01%	+61.78%	653.95Cr
Average	+0.22%	+0.70%	-5.32%	+59.75%	1.88TCr
Weighted average by Cap.	+0.15%	+0.44%	-5.88%	+87.35%