Monarch Surveyors and Engineering Consultants Ltd
Incorporated in 1999, Monarch Surveyors and Contractors Ltd provides a wide range
of Civil Engineering Consultancy services.[1]
- Market Cap ₹ 337 Cr.
- Current Price ₹ 238
- High / Low ₹ 435 / 205
- Stock P/E 8.54
- Book Value ₹ 148
- Dividend Yield 0.00 %
- ROCE 46.4 %
- ROE 38.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -26.1%
- Debtor days have increased from 50.4 to 93.8 days.
* 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
Services Services Commercial Services & Supplies Consulting Services
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 43 | 72 | 139 | 154 | 177 | |
| 38 | 60 | 97 | 103 | 119 | |
| Operating Profit | 6 | 12 | 43 | 51 | 58 |
| OPM % | 13% | 16% | 31% | 33% | 33% |
| 2 | 1 | 2 | 2 | 2 | |
| Interest | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 1 | 1 | 2 | 4 | 4 |
| Profit before tax | 6 | 11 | 41 | 47 | 54 |
| Tax % | 26% | 21% | 27% | 25% | |
| 4 | 9 | 30 | 35 | 39 | |
| EPS in Rs | 5,104.65 | 9,988.37 | 34,895.35 | 33.47 | 34.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 100% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| Last Year: | 38% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.09 | 0.09 | 0.09 | 10 | 14 |
| Reserves | 35 | 44 | 74 | 98 | 195 |
| 2 | 8 | 13 | 14 | 13 | |
| 8 | 12 | 15 | 25 | 25 | |
| Total Liabilities | 46 | 65 | 102 | 148 | 247 |
| 7 | 16 | 31 | 42 | 42 | |
| CWIP | 3 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 35 | 49 | 71 | 106 | 205 | |
| Total Assets | 46 | 65 | 102 | 148 | 247 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 7 | 5 | 35 | 24 | |
| -4 | -12 | -29 | -29 | |
| -1 | 5 | 4 | -0 | |
| Net Cash Flow | 2 | -1 | 9 | -5 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 40 | 31 | 26 | 94 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 40 | 31 | 26 | 94 |
| Working Capital Days | 15 | 7 | 2 | 36 |
| ROCE % | 26% | 61% | 46% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 Nov - Transcript of the Post Earning Conference Call of the Company for H1 of FY 2025-26 held on November 17, 2025 at 04.30 P.M. is attached …
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
18 Nov - Received Rs.4.32 crore MSRDC work order for Nagpur–Goa expressway interchange optimization.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
17 Nov - Audio of Nov 17, 2025 earnings call on H1 (ended Sep 30, 2025) unaudited results posted.
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Announcement under Regulation 30 (LODR)-Investor Presentation
17 Nov - Updated Investor Presentation for the Half Year ended September 30, 2025
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Announcement under Regulation 30 (LODR)-Investor Presentation
17 Nov - Investor Presentation for the Half Year ended September 30, 2025
Concalls
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Nov 2025Transcript PPT
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Nov 2025TranscriptNotesPPT
Business Overview:[1]
MSCL specializes in delivering consultancy services across the entire lifecycle of the infrastructure projects from Concept to Commissioning. The company’s expertise
spans multiple domains like Survey, design,
and technical supervision for roads, railways, metros, town planning, geospatial, mapping,
land acquisition, water, transmission Line, pipelines, and other civil engineering sectors.