Monarch Networth Capital Limited
Quick Take
- • Trading at 16.1× trailing earnings
- • Strong ROE at 18.6%
- • Low leverage (D/E 0.04)
- • Modest dividend yield of 0.27%
- • Operating margin 62.6% · Net margin 50.5%
- • Profit growth -0.20% YoY · Beta 0.22
About the company
From latest AR & concallMonarch Networth Capital Limited, together with its subsidiaries, provides financial services to retail investors, mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients in India. The company operates through three segments: Broking & other Finance Market Services; Non-Banking Finance Business; and Insurance Business. The company offers equity and derivatives, commodities, and currency derivatives; alternative investment funds; mutual funds; and bond and FD. It also provides initial public offering; life and general insurance; depository services; merchant banking services comprising capital/fund-raising and financial advisory services, including services for initial public offer/follow-on public offer/offer for sale/rights issue/takeover/ buyback on main board and SME platform of BSE/NSE; and private equity/venture capital funding/angel investing/QIps, as well as equity raising through private placements; and national pension systems. In addition, the company offers a robust trading platform equipped with advanced features such as heatmap watchlists, technical and fundamental indicators, and is accessible via the Google Play Store as well as the App Store. The company was formerly known as Networth Stock Broking Limited and changed its name to Monarch Networth Capital Limited in December 2015. Monarch Networth Capital Limited was founded in 1992 and is based in Ahmedabad, India.
