Monarch Networth Capital Q2 results, quarter to Sep 2026

NSE: MONARCHBSE: 511551Capital MarketsSmall Cap

Monarch Networth Capital Limited · Face value ₹10 · Listed Oct 1994 on BSE, Jan 2022 on NSE

₹353.20₹5.15 (1.48%)BSE ₹352.85

Share price at the NSE close on 29 Oct 2026. Previous close ₹348.05.

29 Oct: open ₹348.00, high ₹362.00, low ₹345.45

52-week range of traded prices to 29 Oct 2026

₹235.45Low, 30 Mar 2026₹406.95High, 14 Aug 2026

Market cap: ₹2,801 Cr1,107th largest listed
P/E: 14.54
P/B: 2.63
Dividend yield: 0.28%
ROE: 19.8%
ROCE: 22.5%
Debt to equity: 0.08
Volume, NSE: 95,42950.7% delivered

Monarch Networth Capital filed its Q2 results for the quarter to Sep 2026 on 29 Oct 2026 at 9:18 pm, consolidated: the company and its subsidiaries together.

Q2 results, quarter to Sep 2026

₹ crore.Monarch Networth Capital annual results and balance sheet

Revenue: ₹123 Cr+48.2% on a year ago · +35.0% on the quarter before
Operating profit: ₹77 Cr+20.6% on a year ago · +28.2% on the quarter before
Net profit: ₹57 Cr+25.8% on a year ago · +25.2% on the quarter before
Earnings per share: ₹7.13+25.7% on a year ago · +25.1% on the quarter before
Operating margin: 62.5%
Net margin: 45.9%

From revenue to net profit, ₹ crore

Revenue123
Operating expenses−46
Operating profit77
Depreciation−2.4
Other income+0.4
Finance costs−2.8
Profit before tax72
Tax−16
Net profit57

Monarch Networth Capital results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Peak revenue ₹123 Cr, quarter to Sep 2026; lowest ₹61 Cr, quarter to Mar 2025

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1Filed 28 Jul	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3Filed 7 Feb	Mar 2025Q4	Jun 2025Q1	Sep 2025Q2Filed 14 Nov	Dec 2025Q3Filed 22 Jan	Mar 2026Q4	Jun 2026Q1Filed 10 Aug	Sep 2026Q2Filed 29 Oct
Revenue from operations	37	33	33	36	48	40	41	74	76	68	85	104	77	61	98	83	91	100	91	123
	20	20	19	19	30	29	20	25	26	30	28	38	21	23	35	19	28	32	31	46
Materials and goods bought	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Employee costs	8	7	8	9	18	15	9	11	10	12	11	12	13	10	11	12	13	10	14	–
Other expenses	13	12	11	11	12	14	10	13	16	18	17	26	8	12	24	7	15	22	17	–
Operating profit before depreciation	16	13	14	17	18	10	22	49	50	38	57	66	55	38	63	64	64	68	60	77
Operating margin	44.1%	39.8%	42.4%	47.0%	37.1%	26.0%	52.5%	66.4%	66.1%	56.1%	67.4%	63.4%	72.2%	62.7%	63.9%	76.7%	69.7%	67.9%	66.0%	62.5%
Depreciation and amortisation	0	0	0	0	0	0	0	0	1	1	1	3	2	2	2	2	2	2	2	2
Other income	4	4	3	1	4	−2	1	5	7	7	0	0	0	1	0	0	1	0	0	0
Finance costs	1	1	1	1	2	2	1	3	4	5	5	6	3	2	2	1	2	2	2	3
Profit before one-off items and tax	20	16	16	17	19	6	21	50	53	40	51	57	50	35	60	61	61	63	56	72
One-off items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	20	16	16	17	19	6	21	50	53	40	51	57	50	35	60	61	61	63	56	72
	5	4	3	5	5	2	4	13	14	9	11	13	10	10	14	16	15	18	10	16
Current tax	5	4	4	5	5	2	4	13	14	9	11	15	7	11	16	12	15	17	11	10
Deferred tax	0	0	0	0	0	0	0	0	0	0	0	−2	3	−1	−2	3	0	0	−1	5
Tax rate	25.7%	24.4%	21.9%	28.5%	26.5%	26.6%	19.0%	26.6%	26.7%	23.7%	21.9%	22.3%	19.1%	28.8%	24.0%	26.0%	25.1%	28.1%	18.7%	21.5%
Share of profit of joint ventures and associates	–	0	0	–	0	0	0	0	–	–	–	–	–	–	–	–	–	–	–	–
Profit from discontinued businesses	–	–	–	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Net profit	15	12	12	12	14	4	17	37	39	31	40	44	41	25	45	45	45	46	45	57
Other comprehensive income	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0	0
Total comprehensive income	15	13	12	12	14	5	17	37	39	30	40	44	41	25	45	45	45	46	45	57
Net margin	39.6%	37.6%	38.2%	33.3%	29.5%	11.3%	41.2%	50.3%	50.9%	44.8%	47.2%	42.3%	52.9%	40.5%	46.2%	54.1%	49.8%	45.6%	49.7%	45.9%
Net margin without joint ventures and associates	–	37.6%	38.2%	–	29.5%	11.3%	41.2%	50.3%	–	–	–	–	–	–	–	–	–	–	–	–
Earnings per share	₹2.42	₹2.03	₹2.00	₹1.91	₹2.26	₹0.67	₹2.52	₹5.47	₹5.69	₹4.51	–	₹6.13	₹5.16	₹3.15	₹5.76	₹5.67	₹5.73	₹5.75	₹5.70	₹7.13
Diluted earnings per share	₹2.37	₹1.98	₹1.96	₹1.86	₹2.21	₹0.67	₹2.52	₹5.47	₹5.69	₹4.51	–	₹6.05	₹5.16	₹3.11	₹5.70	₹5.66	₹5.72	₹5.73	₹5.69	₹7.12

Earnings per share in rupees, restated for later splits and bonuses.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2022, the company's revenue for the year to Mar 2022, ₹144 Cr, differs from its quarters added, ₹130 Cr.

The quarter to Jun 2024 was restated in the company's filing of 12 Nov 2024. The table shows the restated figures.

Segment results by quarter

Consolidated, ₹ crore, quarters to Sep 2026.Monarch Networth Capital segment results by year

Non Banking Financial Business
Revenue, ₹ crore
1
1
4
2
1
0
1
4
0
0
5
6
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
1
1
4
2
1
−1
1
4
1
−1
4
6
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Others
Revenue, ₹ crore
0
1
0
0
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
0
−1
0
0
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Insurance Business
Revenue, ₹ crore
0
1
0
0
0
1
0
0
0
1
0
0
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
0
1
0
0
0
1
0
0
0
0
0
0
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Broking and Related Services
Revenue, ₹ crore
76
98
92
86
117
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
53
61
63
55
71
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Asset Management Business
Revenue, ₹ crore
1
1
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
0
−1
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26

₹ crore	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue of all businesses	77	69	85	105	77	81	99	84	93	101	92	125
Company revenue, as in its results	76	68	85	104	77	61	98	83	91	100	91	123
Revenue	31	34	40	39	–	45	–	37	–	35	–	–
Revenue growth	47.1%	109.3%	88.7%	−4.1%	–	31.6%	–	−5.7%	–	−22.1%	–	–
Profit	56	44	54	62	–	38	–	59	–	68	–	–
Profit growth	201.1%	1,386.2%	163.7%	22.3%	–	−12.9%	–	−4.1%	–	77.0%	–	–
Margin	181.2%	127.4%	134.9%	158.0%	–	84.3%	–	160.7%	–	191.5%	–	–
Assets	283	309	347	688	–	754	–	1,141	–	1,516	–	–
Liabilities	–	–	–	–	–	–	–	317	–	600	–	–
Capital employed	–	–	–	–	–	–	–	824	–	916	–	–
Revenue	25	19	21	28	–	34	–	25	–	31	–	–
Revenue growth	95.8%	58.3%	89.6%	63.2%	–	78.1%	–	−11.5%	–	−10.2%	–	–
Profit	0	0	0	0	–	0	–	0	–	0	–	–
Margin	0.0%	0.0%	0.0%	0.0%	–	0.0%	–	0.0%	–	0.0%	–	–
Assets	0	0	0	0	–	0	–	0	–	0	–	–
Liabilities	–	–	–	–	–	–	–	0	–	0	–	–
Capital employed	–	–	–	–	–	–	–	0	–	0	–	–
Revenue	–	–	15	26	–	−18	–	–	–	33	–	–
Profit	–	–	0	0	–	0	–	–	–	0	–	–
Margin	–	–	0.0%	0.0%	–	–	–	–	–	0.0%	–	–
Assets	–	–	0	0	–	0	–	–	–	0	–	–
Liabilities	–	–	–	–	–	–	–	–	–	0	–	–
Capital employed	–	–	–	–	–	–	–	–	–	0	–	–
Revenue	1	1	4	2	1	0	1	4	0	0	5	6
Revenue growth	−39.6%	−82.0%	40.4%	12.0%	−15.8%	–	−60.5%	125.8%	−59.7%	–	203.3%	45.4%
Profit	1	1	4	2	1	−1	1	4	1	−1	4	6
Profit growth	−47.0%	−84.8%	38.9%	−43.8%	−26.5%	–	−64.8%	126.6%	−40.5%	–	222.7%	62.5%
Margin	84.8%	71.6%	95.7%	91.3%	73.9%	–	85.2%	91.6%	109.1%	–	90.6%	102.4%
Assets	33	34	36	38	39	38	39	42	43	42	46	52
Liabilities	–	–	–	–	–	–	–	0	0	0	0	1
Capital employed	–	–	–	–	–	–	–	42	43	42	45	51
Revenue	–	–	–	–	–	–	–	–	0	1	0	0
Profit	–	–	–	–	–	–	–	–	0	−1	0	0
Margin	–	–	–	–	–	–	–	–	−85.4%	−86.1%	−196.6%	−430.8%
Assets	–	–	–	–	–	–	–	–	10	10	10	10
Liabilities	–	–	–	–	–	–	–	–	0	0	0	0
Capital employed	–	–	–	–	–	–	–	–	10	9	10	9
Revenue	0	1	0	0	0	1	0	0	0	1	0	0
Revenue growth	–	33.0%	–	–	–	−23.9%	–	–	–	−27.7%	–	–
Profit	0	1	0	0	0	1	0	0	0	0	0	0
Profit growth	–	81.3%	–	–	–	−29.0%	–	–	–	−79.1%	–	–
Margin	53.4%	96.2%	81.5%	61.4%	51.3%	89.8%	64.3%	41.4%	−102.3%	25.9%	−55.4%	−262.3%
Assets	3	4	4	4	4	4	4	5	5	5	5	4
Liabilities	–	–	–	–	–	–	–	0	0	0	0	0
Capital employed	–	–	–	–	–	–	–	5	4	5	4	4
Revenue	–	–	–	–	–	0	–	0	–	0	–	–
Profit	–	–	–	–	–	0	–	0	–	0	–	–
Margin	–	–	–	–	–	0.0%	–	−59.7%	–	0.0%	–	–
Assets	–	–	–	–	–	0	–	9	–	0	–	–
Liabilities	–	–	–	–	–	–	–	0	–	0	–	–
Capital employed	–	–	–	–	–	–	–	9	–	0	–	–
Revenue	–	–	–	–	76	–	98	–	92	–	86	117
Revenue growth	–	–	–	–	–	–	–	–	21.0%	–	−11.8%	–
Profit	–	–	–	–	53	–	61	–	63	–	55	71
Profit growth	–	–	–	–	–	–	–	–	19.3%	–	−9.5%	–
Margin	–	–	–	–	69.9%	–	62.2%	–	68.9%	–	63.8%	60.6%
Assets	–	–	–	–	729	–	799	–	1,316	–	1,392	1,476
Liabilities	–	–	–	–	–	–	–	–	448	–	494	534
Capital employed	–	–	–	–	–	–	–	–	868	–	898	942
Revenue	–	–	–	–	–	–	–	–	–	–	1	1
Profit	–	–	–	–	–	–	–	–	–	–	0	−1
Margin	–	–	–	–	–	–	–	–	–	–	20.8%	−89.5%
Assets	–	–	–	–	–	–	–	–	–	–	64	63
Liabilities	–	–	–	–	–	–	–	–	–	–	4	4
Capital employed	–	–	–	–	–	–	–	–	–	–	60	59
Revenue	–	–	–	–	–	–	–	18	–	–	–	–
Profit	–	–	–	–	–	–	–	0	–	–	–	–
Margin	–	–	–	–	–	–	–	0.0%	–	–	–	–
Assets	–	–	–	–	–	–	–	0	–	–	–	–
Liabilities	–	–	–	–	–	–	–	0	–	–	–	–
Capital employed	–	–	–	–	–	–	–	0	–	–	–	–
Revenue	19	12	0	3	–	–	–	–	–	–	–	–
Revenue growth	75.1%	176.3%	−92.4%	−49.4%	–	–	–	–	–	–	–	–
Profit	0	0	0	0	–	–	–	–	–	–	–	–
Margin	0.0%	0.0%	0.0%	0.0%	–	–	–	–	–	–	–	–
Assets	0	0	0	0	–	–	–	–	–	–	–	–
Revenue	1	1	4	6	–	–	–	–	–	–	–	–
Revenue growth	2.6%	61.4%	485.8%	−1.0%	–	–	–	–	–	–	–	–
Profit	0	0	0	0	–	–	–	–	–	–	–	–
Margin	0.0%	0.0%	0.0%	0.0%	–	–	–	–	–	–	–	–
Assets	0	0	0	0	–	–	–	–	–	–	–	–
Revenue	7	7	1	0	–	–	–	–	–	–	–	–
Profit	0	0	0	0	–	–	–	–	–	–	–	–
Assets	0	0	0	0	–	–	–	–	–	–	–	–
Liabilities	0	0	0	0	–	–	–	–	–	–	–	–

Profit is before tax and finance costs, the way companies report their segments.

Q2 results, quarter to Sep 2026

From revenue to net profit, ₹ crore

Monarch Networth Capital results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Non Banking Financial Business

Others

Insurance Business

Broking and Related Services

Asset Management Business