Monarch Surveyors Posts Strong First Results After BSE SME Listing

13 Nov 2025 CW Team

Monarch Surveyors and Engineering Consultants Ltd., newly listed on the BSE SME platform, has reported a robust performance in its unaudited financial results for the half year ended 30 September 2025—its first results post-listing.

The company recorded revenue from operations of Rs 7.73 billion and a net profit of Rs 4.14 billion, reflecting strong demand for its surveying, engineering, and consultancy services across infrastructure and industrial projects. Total income for the period stood at Rs 7.48 billion, including other income of Rs 15.9 million. Monarch delivered an EBITDA margin of roughly 27 per cent, supported by efficient cost management and scaling benefits.

Key expenses included employee costs of Rs 1.56 billion and other operating and administrative expenses of Rs 435.69 million. The company maintained a healthy interest service coverage ratio of 17.93 and a low debt–equity ratio of 0.18, highlighting a strong financial position.

Monarch raised Rs 7.94 billion through its public issue in July 2025 to support capital expenditure and working capital requirements. As of 30 September 2025, Rs 2.8 million had been deployed towards machinery purchases and Rs 44 million towards working capital.

Managing Director Dattatraya Mohaniraj Karpe said the performance reflects a confident start to Monarch’s listed journey. “These results demonstrate our commitment to precision, technology-led growth, and operational discipline. With India’s infrastructure and industrial sectors expanding rapidly, we are well placed to build on this momentum,” he said.

As of the reporting period, Monarch’s total assets stood at Rs 2.47 billion with reserves of Rs 1.95 billion. The company plans to scale its operations further, invest in advanced technologies, and expand its presence across India and select international markets.

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