Monarch Networth Capital Ltd

Monarch Networth Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Monarch Networth Capital Ltd

₹ 404 -0.92%
30 Sep 10:43 a.m.
mnclgroup.com BSE: 511551 NSE: MONARCH
About

Monarch Networth Capital Limited is a provider of financial services in pure stock broking, primary market operations, mutual funds, insurance and financial planning. It is a strategic amalgamation of two financial service providers Monarch Group of Companies and Networth Stock Broking Ltd. [1]

Key Points

Products & Services
The Co offers a wide range of products within BFSI such as Broking services in Equity, Commodity & Currency markets, Distribution of Initial Public Offer (IPO), FPO & QIP products, Distribution of Mutual Fund products, Bonds, FDs, and NPS, Distribution of Life Insurance & General Insurance Policies of various Insurance companies, Depositary (Demat) services, Investment Banking Services and Loan against securities (LAS) & margin funding. [1]

Website BSE NSE
  • Market Cap ₹ 3,169 Cr.
  • Current Price ₹ 404
  • High / Low ₹ 501 / 162
  • Stock P/E 22.8
  • Book Value ₹ 47.8
  • Dividend Yield 0.12 %
  • ROCE 51.6 %
  • ROE 44.0 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 55.1% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 34.8%
  • Company's median sales growth is 28.0% of last 10 years

Cons

  • Stock is trading at 8.53 times its book value
  • Promoter holding has decreased over last quarter: -3.14%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Stock/ Commodity Brokers Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
29 32 40 31 32 35 45 34 40 71 75 67 81
16 23 20 19 19 19 30 31 19 25 25 30 27
Operating Profit 13 8 20 12 13 16 15 3 20 47 50 37 53
OPM % 45% 27% 49% 40% 41% 46% 34% 9% 51% 65% 66% 56% 66%
3 9 -0 4 3 2 4 0 0 5 7 7 1
Interest 0 0 1 1 1 2 3 2 2 3 5 6 6
Depreciation 0 0 0 0 0 0 0 0 0 0 0 1 1
Profit before tax 16 17 19 15 15 15 16 1 18 47 51 38 47
Tax % 27% 23% 30% 23% 22% 29% 27% 41% 18% 27% 27% 24% 22%
12 13 13 11 12 11 12 0 15 35 38 29 37
EPS in Rs 1.87 2.07 2.08 1.83 1.90 1.77 1.89 0.05 2.21 5.13 5.56 4.32 5.48
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
20 37 53 45 58 83 71 62 92 147 151 271 294
17 28 40 38 43 63 55 55 56 78 96 99 107
Operating Profit 3 9 13 7 15 20 16 7 36 69 55 172 187
OPM % 15% 23% 25% 16% 25% 24% 22% 11% 39% 47% 37% 63% 64%
0 -2 0 0 2 2 3 0 -4 0 0 1 19
Interest 2 6 6 6 3 2 2 4 1 2 7 16 20
Depreciation 2 3 3 2 1 1 1 1 1 1 1 2 2
Profit before tax 0 -2 4 -0 13 19 15 2 29 66 47 155 184
Tax % -169% -67% 36% -198% 11% 11% 10% 43% 30% 26% 26% 25%
1 -1 3 0 11 17 14 1 20 49 35 117 139
EPS in Rs 0.35 -0.29 0.47 0.08 1.85 2.84 2.27 0.20 3.29 7.85 5.15 17.21 20.49
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 15% 6% 10% 3%
Compounded Sales Growth
10 Years: 22%
5 Years: 31%
3 Years: 43%
TTM: 91%
Compounded Profit Growth
10 Years: 57%
5 Years: 55%
3 Years: 70%
TTM: 265%
Stock Price CAGR
10 Years: 43%
5 Years: 107%
3 Years: 79%
1 Year: 144%
Return on Equity
10 Years: 26%
5 Years: 30%
3 Years: 35%
Last Year: 44%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 11 11 30 30 30 31 31 31 31 31 34 34
Reserves 17 43 25 26 27 39 52 53 75 124 172 290
0 17 16 23 8 6 26 10 2 15 1 132
41 63 70 46 82 107 105 346 297 467 383 349
Total Liabilities 69 135 141 125 147 183 214 440 404 637 590 804
6 9 5 4 3 3 3 4 5 5 8 12
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 9 11 12 15 15 12 12 17 23 27 36 32
54 115 124 106 129 169 200 419 376 605 545 759
Total Assets 69 135 141 125 147 183 214 440 404 637 590 804

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2 -3 12 16 32 41 -3 256 -242 48 -40 -141
0 12 -0 -2 -9 -2 -25 -115 126 -0 -16 13
-2 -5 -6 -15 -20 -15 21 -21 -10 14 -6 112
Net Cash Flow -0 4 6 -1 3 24 -7 120 -125 61 -62 -17

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 280 430 350 269 288 152 242 192 111 103 102 108
Inventory Days
Days Payable
Cash Conversion Cycle 280 430 350 269 288 152 242 192 111 103 102 108
Working Capital Days -162 185 9 91 -89 -259 -200 -1,810 -953 -918 -540 -84
ROCE % 7% 11% 14% 7% 23% 30% 18% 6% 35% 49% 29% 52%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
55.09% 55.20% 55.26% 55.27% 55.27% 50.66% 51.55% 52.37% 55.87% 55.93% 55.93% 52.78%
3.09% 3.12% 3.40% 3.12% 3.10% 2.83% 2.83% 1.67% 0.93% 0.52% 0.13% 2.09%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.15% 0.00% 0.83%
41.83% 41.68% 41.33% 41.60% 41.63% 46.50% 45.62% 45.96% 43.21% 43.41% 43.96% 44.29%
No. of Shareholders 4,5745,1346,1786,0365,9786,2826,4526,5647,6057,8278,53315,063

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports