Company Monarch Networth Capital Limited

Stocks

511551

INE903D01011

Investment Banking & Brokerage Services

Market Closed - Bombay S.E. 03:32:27 28/10/2026 pm IST			5-day change	1st Jan Change
346.20 ^INR	+2.08%		+2.24%	+12.48%

25/09	Monarch Networth Capital Limited Approves Final Dividend for the Year Ended March 31, 2026	CI
13/08	Monarch Networth Capital Limited Provides Earnings Guidance for the Fiscal Year 2027	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: 355

Sales by Activity: Monarch Networth Capital Limited

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Broking and Related Services - Fees and Commission Income	91Cr	80Cr	127.92Cr	190.67Cr	155.31Cr
Broking and Related Services - Interest Income	32Cr	45Cr	72Cr	108.43Cr	111.53Cr
Broking and Related Services - Net Gain/ Loss On Fair Value Changes	-	-	-	23Cr	101.49Cr
Others Business	-	-	-	-	1.13Cr
Inter Segment	-12T	-1.57Cr	-2.74Cr	-3.16Cr	-4.32Cr
Non Banking Financial Business	4.14Cr	11Cr	8.26Cr	6.63Cr	6.12Cr
Asset Management Services	6.96Cr	2.18Cr	8.99Cr	-	-
Insurance Business	1.3Cr	1.33Cr	1.68Cr	1.53Cr	1.1Cr
Broking and Related Services - Other Income	10Cr	6Cr	19Cr	57.36L	90.86L
Merchant Banking & Other Services	8.26Cr	18Cr	44Cr	-	-

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Geographical breakdown of sales: Monarch Networth Capital Limited

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
India	153.43Cr	157.66Cr	267.24Cr	312.57Cr	368.79Cr

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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
Nitesh Tanwar CMP	Compliance Officer	-	12/03/2024
Bankim Jayanthilal Shah COO	Chief Operating Officer	52	01/01/2015
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
Vaibhav Jayantilal Shah CHM	Chairman	54	12/02/2016
Ashok Daulatraj Bafna BRD	Director/Board Member	54	20/08/2020
Manju Suresh Bafna CHM	Chairman	63	-
Sathish Kumar Pazhamalai BRD	Director/Board Member	46	17/04/2020
Avni Chouhan BRD	Director/Board Member	35	-
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 %	29 M ₹
Vaibhav Jayantilal Shah 8.76 %	69,47,630	8.76 %	25 M ₹
Suresh Babulal Bafna 6.336 %	50,25,000	6.336 %	18 M ₹
Bela Himanshu Shah 6.269 %	49,72,000	6.269 %	18 M ₹
Monarch Infraparks Pvt Ltd. 6.168 %	48,91,425	6.168 %	17 M ₹