Monarch Surveyors & Engineering Consultants Ltd. is a leading infrastructure consultancy firm that delivers end-to-end solutions and services across transportation, urban planning, environment, water, and industrial sectors. In addition to working with several Indian Government institutions, Road Authorities, Railways, Municipal bodies and private entities across country, they have also provided their data-driven engineering solutions in Sri Lanka and Bhutan. 

The Company is promoted by Mr. Dattatraya Mohaniraj Karpe, Mr. Sunil Shrikrishna Bhalerao, Mr. Sanjay Bhalchandra Vidwans and Mr. Bhartesh Rajkumar Shah has experience of 25 years each in Civil Engineering Consultancy Services. They are involved in work that aides in decision making of various engineering departments in Government, captures the attention of the industry and earns awards for engineering excellence.

The Revenues from operations for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 15,566.09 Lakh, ₹ 14,127.33 Lakh and ₹ 7,272.14 Lakh. The EBITDA for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 5,262.84 Lakh, ₹ 4,456.38 Lakh and ₹ 1,272.03 Lakh. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 3,483.24 Lakh, ₹ 3,000.72 Lakh and ₹ 858.92 Lakh respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 33.47 and post-issue EPS of ₹ 24.61 for FY24. The pre-issue P/E ratio is 7.46x, while the post-issue P/E ratio is 10.16x against the Industry P/E ratio is 20x. The company's ROCE for FY24 is 39.59%, ROE for FY24 is 32.01% and RoNW is 32.01%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Monarch Surveyors and Engineering Consultants showing listing gains of 60.00 %.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Apply to the Monarch Surveyors and Engineering Consultants Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.