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Monarch Networth Capital Ltd.

BSE: 511551 Sector: Financials
NSE: N.A. ISIN Code: INE903D01011
BSE 00:00 | 23 Jul 53.20 1.20
(2.31%)
OPEN

55.00

HIGH

55.00

LOW

50.60

NSE 05:30 | 01 Jan Monarch Networth Capital Ltd
OPEN 55.00
PREVIOUS CLOSE 52.00
VOLUME 2629
52-Week high 99.00
52-Week low 42.05
P/E 9.94
Mkt Cap.(Rs cr) 161
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 55.00
CLOSE 52.00
VOLUME 2629
52-Week high 99.00
52-Week low 42.05
P/E 9.94
Mkt Cap.(Rs cr) 161
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Monarch Networth Capital Ltd. (MONARCHNETWORTH) - Chairman Speech

Company chairman speech

Future Watch-from the Chairman Desk

Monarch Networth Capital Limited (MNCL) was incorporated as a small broking house inthe year 1993 and has obtained membership of National Stock Exchange Limited. Earlier thegroup was member of Ahmedabad Stock Exchange since 1990 with Over 27 years of experiencewe have added more verticals to our business ranging from pure stock broking services tothe entire gamut of financial services such as:

Stock Broking Commodities Broking hedging and arbitrage Currency Broking andhedging Mutual Fund distribution Depository Participant Portfolio Manager InvestmentAdvisor Merchant Banker Market Maker

Standalone Financial Highlights:

Revenues increase by 28.65% at Rs 585.81 MN in FY: 2016-17 as compared to Rs 455.36 MNin FY: 2015-16. Operating profits increase by 146.22 % to Rs 90.34 MN in FY: 2016-17 fromRs 36.69 MN in FY: 2015-16. PAT increase by 1435.58 % to Rs 73.10 MN in FY: 2016-17 fromRs 4.76 MN in FY: 2015-16.

Consolidated Financial Highlights:

Revenues increase by 31.33% at Rs 697.64 MN in FY: 2016-17 as compared to Rs 531.19 MNin FY: 2015-16. Operating profits increase by 217.76 % to Rs 107.64 MN in FY: 2016-17 fromRs 33.88 MN in FY: 2015-16. PAT increase by 1699.56 % to Rs 85.39 MN in FY: 2016-17 fromRs 4.76 MN in FY: 2015-16.

Focus:

Company has been focusing on increasing its market share through online trading segmentin line with PM's vision of digital India "I dream of a Digital India where - Mobileand e-Banking ensures Financial Inclusion - where e-commerce drivesentrepreneurship". Our constant focus is on scaling and upgrading the technology andinfrastructure with an aim of providing the best services to the investors. We have alwaysbelieved in building a knowledge bank to bring about a progressive change for all ourcustomers and stakeholders. This sharing of financial knowledge has been adding more valueto our clients' assets. It has also established us as a unique entity in this domain.

Mr. Vaibhav Shah

Chairman cum Managing Director -MNCL Group of Company