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- Monarch Networth Q1 Results, Revenue Reaches ₹8,394.89 Lakhs and Net Profit Hits ₹4,005.58 Lakhs
Monarch Networth Q1 Results, Revenue Reaches ₹8,394.89 Lakhs and Net Profit Hits ₹4,005.58 Lakhs
Monarch Networth Q1 Results saw a 23% YoY increase in revenue to ₹8,394.89 lakhs, while Monarch Networth Q1 Results experienced a 28.2% YoY growth in profit before tax to ₹5,129.73 lakhs.
by P Nandhini
Updated Sep 02, 2024
Table of Content
Monarch Networth Q1 Results: Monarch Networth Capital announced its financial results for the first quarter ended June 30, 2024, on July 15, 2024. The company saw a significant increase in revenue, with a rise of 23% year-over-year, reaching ₹8,394.89 lakhs compared to ₹6,821.07 lakhs in the previous quarter.
However, other income sharply declined by 86.2% quarter-over-quarter, from ₹727.19 lakhs to ₹100.27 lakhs. Despite these fluctuations, Monarch Networth's profit before tax grew by 28.2% year-over-year, totaling ₹5,129.73 lakhs compared to ₹4,003.23 lakhs in the same quarter last year.
The company's total expenses for the quarter were reduced by 5.2% from ₹3,544.95 lakhs to ₹3,362.06 lakhs, contributing to a 31.5% increase in net profit after tax, which amounted to ₹4,005.58 lakhs compared to ₹3,053.86 lakhs in the previous quarter.
The earnings per share also improved significantly, rising by 31.5% from ₹9.02 to ₹11.83. Monarch Networth Capital's focus on scaling its operations and investing in technology has yielded positive results, positioning the company strongly for future growth amid a competitive financial services landscape.
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Monarch Networth Q1 Results 2024 - 2025
Here is a summary of Monarch Networth Capital's financial performance for the first quarter of 2024-2025:
| Particulars | Q1 Ended June 30, 2024 (Unaudited) | Q4 Ended March 31, 2024 (Audited) |
|---|---|---|
| Revenue from Operations | ₹8,394.89 lakhs | ₹6,821.07 lakhs |
| Other Income | ₹100.27 lakhs | ₹727.19 lakhs |
| Total Income | ₹8,495.16 lakhs | ₹7,548.26 lakhs |
| Total Expenses | ₹3,362.06 lakhs | ₹3,544.95 lakhs |
| Profit Before Tax | ₹5,129.73 lakhs | ₹4,003.23 lakhs |
| Net Profit After Tax | ₹4,005.58 lakhs | ₹3,053.86 lakhs |
| Earnings Per Share (Basic & Diluted) | ₹11.83 | ₹9.02 |
| Other Comprehensive Income | -₹14.92 lakhs | ₹4,005.58 lakhs |
| Paid-up Equity Share Capital | ₹3,386.95 lakhs | ₹3,386.95 lakhs |
Source: Click Here
Monarch Networth Current Market Overview
Monarch Networth Capital is currently trading at ₹783 per share, with a market cap of ₹2,652 crore. The stock has seen a high of ₹840 and a low of ₹309 in recent times. It has a Price-to-Earnings (P/E) ratio of 18.1 and a Book Value of ₹102.
The company offers a dividend yield of 0.13% and has impressive financial metrics, with a Return on Capital Employed (ROCE) of 51.8% and a Return on Equity (ROE) of 43.4%. The face value of the shares is ₹10.
| Metric | Value |
|---|---|
| Current Price | ₹783 |
| Market Cap | ₹2,652 Cr. |
| High / Low | ₹840 / ₹309 |
| Stock P/E | 18.1 |
| Book Value | ₹102 |
| Dividend Yield | 0.13% |
| ROCE | 51.8% |
| ROE | 43.4% |
| Face Value | ₹10.0 |
Quarterly Results
Here is a summary of Monarch Networth Capital's quarterly results for the periods ending December 2023, March 2024, and June 2024:
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales (₹ Cr.) | 76 | 68 | 84 |
| Expenses (₹ Cr.) | 26 | 30 | 28 |
| Operating Profit (₹ Cr.) | 50 | 38 | 56 |
| OPM % | 66% | 56% | 67% |
| Other Income (₹ Cr.) | 7 | 7 | 1 |
| Interest (₹ Cr.) | 4 | 5 | 5 |
| Depreciation (₹ Cr.) | 0 | 1 | 1 |
| Profit Before Tax (₹ Cr.) | 53 | 40 | 51 |
| Tax % | 27% | 24% | 22% |
| Net Profit (₹ Cr.) | 39 | 31 | 40 |
| EPS (₹) | 11.38 | 9.02 | 11.83 |
About Monarch Networth Capital
Monarch Networth Capital is a leading financial services company formed from the merger of Monarch Group of Companies and Networth Stock Broking. With over 20 years of experience, it offers a wide range of financial services including stock broking, mutual funds, insurance, and financial planning.
The company focuses on leveraging advanced technology and infrastructure to provide top-notch services to its clients. Known for its commitment to client satisfaction, Monarch Networth Capital aims to help individuals and businesses achieve their financial goals through customized and effective strategies.
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Monarch Networth Q1 Results - FAQs
1. What is Monarch Networth Capital's revenue for Q1 2024?
Monarch Networth Capital's revenue for Q1 2024 is ₹8,394.89 lakhs.
2. How much did Monarch Networth Capital's revenue increase from the previous quarter?
Monarch Networth Capital's revenue increased by ₹1,573.82 lakhs from the previous quarter.
3. What was Monarch Networth Capital's profit before tax in Q1 2024?
Monarch Networth Capital's profit before tax in Q1 2024 was ₹5,129.73 lakhs.
4. How much did Monarch Networth Capital's net profit after tax grow in Q1 2024?
Monarch Networth Capital's net profit after tax grew to ₹4,005.58 lakhs in Q1 2024.
5. What was the earnings per share for Monarch Networth Capital in Q1 2024?
The earnings per share for Monarch Networth Capital in Q1 2024 was ₹11.83.
6. How did Monarch Networth Capital’s other income change in Q1 2024?
Monarch Networth Capital’s other income decreased to ₹100.27 lakhs in Q1 2024.
7. What were the total expenses for Monarch Networth Capital in Q1 2024?
Monarch Networth Capital’s total expenses in Q1 2024 were ₹3,362.06 lakhs.
8. How much did Monarch Networth Capital's total income increase in Q1 2024?
Monarch Networth Capital's total income increased to ₹8,495.16 lakhs in Q1 2024.
9. What is Monarch Networth Capital's paid-up equity share capital?
Monarch Networth Capital’s paid-up equity share capital is ₹3,386.95 lakhs.
10. What was the net profit margin for Monarch Networth Capital in Q1 2024?
The net profit margin for Monarch Networth Capital in Q1 2024 was 47.1%.