FY21 consolidated results at a glance
- ✓ Revenue from operations up by 42.6% YOY to Rs 92.5 crore
- ✓ Total income up by 46.4% YOY to Rs 103.08 crore
- ✓ Profit After Tax (PAT) up 13.5X YOY to Rs 25.72 crore
- ✓ Earnings Per Share (EPS) at Rs 8.29 in FY21 compared to Rs 0.61 in FY20
- ✓ Dividend Per Share at Rs 1/- per share
- ✓ AIF returns at 42.7%
Ahmedabad, June 21 : Monarch Networth Capital Ltd, a leading full-service financial services company with businesses spread across retail broking, wealth & third-party products distribution, global access, institutional equities, investment banking and fund management, has reported its all-round financial performance for the year ending March 31, 2021 (FY21) as compared to its previous year’s performance i.e. FY20 (ending March 31, 2020).
Commenting on the stellar results delivered by the company, Mr. Vaibhav Shah, Managing Director, Monarch Networth Capital Limited said, “We are happy to see the value we have been able to create for our clients, partners, stakeholders and employees. I
Increase in active retail clientele and noteworthy furtherance of institutional and corporate business during the year are a testament to our relationship-centered strategy. Our maiden Cat III AIF Fund launched in October ’20 has generated an absolute return of 42.7% as of June 18, 2021, which is among the top quartile of all Cat III long-only AIF funds in India.
The Covid-19 situation has forced businesses to adopt efficient ways of doing business with technology and remote working at the helm of it. We, at MNCL, are committed to deliver best-in-class investing experience and achieve customer excellence by continuously investing in newer technologies, innovative products, experienced human capital and robust processes, Mr Shah said.
Monarch Networth Capital Ltd is a leading full-service financial services company. With Headquarters in Ahmedabad, Gujarat, the company has a presence in 145+ cities catering to 2.6+ lakh retail clients through 70 branches and 450+ sub-brokers.
Institutional Equities has strong connections with 150+ corporates and 35+ asset managers/investment houses. MNCL strives to create consistent value for investors and work with single-minded objective of “Client first” across each segment of its operations. In-depth research of relatively less-explored stocks and corporate governance assessment are the pillars of our idea generation process.
In the past year, MNCL has witnessed a 50%+ increase in active retail clients, multiple success stories on the Institutional Equities side and top-quartile performance of our maiden AIF.
MNCL has won accolades at many elite platforms; some of the notable awards it has bagged are:
❑ Top performer in OFS segment by BSE in 2019-20
❑ Best Regional Retail Broker award by NSE in 2018
❑ Times Retail Icon 2016-17 in Investor – Advisory in Equity, Currency & Commodity category
