Company Monarch Networth Capital Limited

Stocks

MONARCH

INE903D01011

Investment Banking & Brokerage Services

Market Closed - Bombay S.E. 06:02:28 2026-09-22 EDT			5-day change	1st Jan Change
368.10 ^INR	+1.87%		+0.49%	+19.59%

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: 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	915M	795M	1.28B	1.91B	1.55B
Broking and Related Services - Interest Income	323M	452M	720M	1.08B	1.12B
Broking and Related Services - Net Gain/ Loss On Fair Value Changes	-	-	-	233M	1.01B
Others Business	-	-	-	-	11.26M
Inter Segment	-12K	-15.74M	-27.44M	-31.56M	-43.18M
Non Banking Financial Business	41.41M	110M	82.6M	66.33M	61.16M
Asset Management Services	69.58M	21.79M	89.95M	-	-
Insurance Business	13M	13.3M	16.83M	15.35M	11.04M
Broking and Related Services - Other Income	101M	60.02M	190M	5.74M	9.09M
Merchant Banking & Other Services	82.55M	184M	439M	-	-

See all business segments

Geographical breakdown of sales: Monarch Networth Capital Limited

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
India	1.53B	1.58B	2.67B	3.13B	3.69B

See all geographic segments

Executive Committee: Monarch Networth Capital Limited

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

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

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 %	20 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	+1.87%	+0.49%	+11.01%	+122.01%	299M
GUOTAI HAITONG SECURITIES CO., LTD.	+0.74%	+1.50%	-5.06%	+20.51%	43.49B
EAST MONEY INFORMATION CO.,LTD.	+1.74%	+2.58%	-29.60%	+25.02%	44.16B
INTERACTIVE BROKERS GROUP, INC.	-3.34%	+2.32%	+41.48%	+313.61%	42.23B
CHINA GALAXY SECURITIES CO., LTD.	0.00%	+1.26%	-29.84%	+83.57%	16.72B
ORIENT SECURITIES COMPANY LIMITED	+1.25%	+0.45%	-14.37%	-7.17%	10.65B
XP INC.	-2.24%	+5.38%	+5.65%	-11.98%	10.55B
CHANGJIANG SECURITIES COMPANY LIMITED	+0.71%	+1.55%	+7.45%	+45.72%	7.03B
ZHESHANG SECURITIES CO., LTD.	+0.77%	+0.99%	-20.02%	-8.86%	6.2B
SDIC CAPITAL CO.,LTD	+1.61%	+0.48%	-16.38%	-8.92%	6.04B
Average	+0.32%	+1.64%	-4.97%	+57.35%	18.74B
Weighted average by Cap.	-0.11%	+2.07%	-2.86%	+89.05%