Monarch Networth Capital share price today

Monarch Networth Capital Ltd's share price was ₹350.80 at the close on 4 November 2026. It has been rising for 21 weeks. That is 3.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹242 and ₹390, and at that close it sat 74% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Monarch Networth Capital Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 5 weeks running.

Over the last 11 years the share price moved +2,319% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 1 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: highest quarterly profit in 16 quarters, foreign funds (FIIs) raised their stake for 3 quarters in a row and highest quarterly revenue in 16 quarters.

1. Highest quarterly profit in 16 quarters

   Profit of ₹57 crore in the September 2026 quarter is the highest of the last 16 quarters.

2. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 1.4% to 3% of the company by the September 2026 quarter.

3. Highest quarterly revenue in 16 quarters

   Revenue of ₹123 crore in the September 2026 quarter is the highest of the last 16 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Monarch Networth Capital reported total income of ₹123 crore, up 48.2% from ₹83.0 crore a year earlier, and a profit of ₹57.0 crore, up 26.7% from ₹45.0 crore.

Monarch Networth Capital results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.

Monarch Networth Capital closed at ₹350.80 on 4 November 2026, up 15.2% from ₹304.50 a year earlier (7 November 2025) and up 389.6% over five years. Its highest weekly close since March 2016 was ₹467.20 on 3 January 2025.

Monarch Networth Capital share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Monarch Networth Capital closed at ₹350.80, down 0.3% on the week and up 2.7% on the month. Results for July to September 2026: Total income up 48.2% and profit up 26.7% on a year earlier.

Earlier

• 21 Aug 2026: ex-date for a dividend of ₹1 a share.
• 13 Sep 2024: Bonus issue: 1 new share for every 1 held (ex-date).

Monarch Networth Capital paid ₹1 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.29% at the ₹350.80 close on 4 November 2026. The last was a dividend of ₹1 a share, ex-date 21 August 2026.

Monarch Networth Capital dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Monarch Networth Capital Ltd paid out 4% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Market volume contraction causes revenue drops of 30 to 40% within a single quarter.

The main risks

• Broking Revenue Cyclicality: Market volume contraction causes revenue drops of 30 to 40% within a single quarter. ✓ fact
• Declining ROCE at Scale: ROCE fell from 52% (FY24) to 28% (FY26) despite 34% revenue growth. ✓ fact
• Competitive Intensity from Discount Brokers: Zerodha, Groww, Upstox command dominant market share via zero-brokerage models. ⚠ estimate

Our read after the January to March 2026 results, written 14 June 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

Monarch Networth Capital is not on any of our India lists this week.

Monarch Networth Capital Ltd earned ₹57.0 Cr of net profit in the Sep 2026 quarter, +26.7% on the same quarter a year earlier. Full-year FY26 profit was ₹181 Cr. That is 46.3% of the quarter's revenue. The same quarter a year earlier earned ₹45.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹181 Cr (+21.5% on the year before).

Why profit moved: revenue changed +48.2% on a year earlier and the margin moved −7.9 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +30.1% and revenue +30.8%. Profit and revenue are moving at about the same pace.

FY27-Q1. revenue ₹91 Cr and profit ₹45 Cr as reported.

FY27-Q2. revenue ₹123 Cr and profit ₹57 Cr as reported.

Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters.

Monarch Networth Capital Ltd reported ₹123 Cr of income in the Sep 2026 quarter, +48.2% on the same quarter a year earlier. Over 10 years it has grown 21.5% a year on average. The last full year, FY26, came in at ₹373 Cr. The last four reported quarters add to ₹405 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

Why this happened. India's demat account count has grown from ~40 million (2020) to ~170 million+ (2025 to 26), with MNCL's own client base more than tripling from ~6,282 (Mar 2023) to ~19,564 (Dec 2025). Each new-to-market shareholder creates recurring broking revenue and potential cross-sales opportunities into mutual funds, insurance, and PMS.

FY26 revenue was ₹373 Cr, +13.7% on the year before.

Recent pace: the last four quarters grew +30.8% on average, against 21.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +27.0%, against +9.1% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +23.7%, against +11.9% a year (accelerating).

FY27-Q1. revenue ₹91 Cr and profit ₹45 Cr as reported.

FY27-Q2. revenue ₹123 Cr and profit ₹57 Cr as reported.

Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters.

Monarch Networth Capital Ltd's net margin was 46.3% in the Sep 2026 quarter, 7.9 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between −4.8% and 48.5%. The latest quarter is within that range.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why this happened. OPM expanded from 40% (FY23) to 69% (FY26 annual) as revenue nearly tripled over the same period. Technology, compliance, and branch-level fixed costs spread over a growing revenue base. This leverage is real but cyclical, in a low-volume market (Q4 FY25 revenue ₹61 Cr vs ₹104 Cr in Q2 FY25) the OPM compressed to 63%.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

FY27-Q1. revenue ₹91 Cr and profit ₹45 Cr as reported.

FY27-Q2. revenue ₹123 Cr and profit ₹57 Cr as reported.

Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters.

Monarch Networth Capital Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up.

Monarch Networth Capital Ltd's revenue was ₹373 Cr in FY26, +13.7% on the year before, so the loan book is growing. The latest quarter was +48.2% on a year earlier. The net margin on that income is 46.3%, −7.9 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

Monarch Networth Capital Ltd's P/BV is 2.6×, in the middle of its own history: higher than 36% of past readings. Its usual P/BV (the middle reading) is 3.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.

Keep one thing in mind: the net margin is the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.