Multi Commodity Exchange of India Limited

Multi Commodity Exchange of India Limited

3,113.70
INR
+26.70
(+0.86%)
608.14BMarket Cap
Nov 03Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
13.82
10.25
10.26
9.67
10.17
11.87
15.03
13.69
12.94
17.56
22.88
39
83.05
- -
Basic EPS, GAAP
6.04
4.96
4.51
4.98
4.26
5.75
9.3
8.85
5.64
5.84
3.26
21.96
52.22
- -
Free Cash Flow per Basic Share
1.52
2.74
3.05
-1.26
3.91
10.15
17.65
-7.25
15.37
5.55
17.34
37.26
119.01
- -
Dividend per Share
4.47
0.71
2.42
1.57
3.62
4.11
4.83
6.01
5.53
3.48
3.82
1.53
6
- -
Book Value per Share
44.94
50.42
50.72
53.43
54.14
49.06
53.31
55.62
55.72
58.12
54.16
74.04
111.9
- -
Tangible Book Value per Share
43.25
49.2
50.02
52.97
53.64
47.66
51.82
53.91
52.95
52.8
46.23
66.21
104.73
- -
Basic Weighted Avg Shares
253
254
254
254
254
254
254
255
255
255
255
255
255
255
Sales/Revenue/Turnover
3,502
2,600
2,608
2,459
2,585
3,020
3,825
3,484
3,293
4,477
5,835
9,945
21,177
- -
Operating Margin (%)
38.96
41.45
36.37
26.91
26.29
31.17
46.98
46.84
43.83
29.9
5.63
61.38
74.44
- -
Depreciation Expense
343
259
246
186
167
155
181
221
227
216
359
638
780
- -
Net Income, GAAP
1,532
1,258
1,146
1,266
1,084
1,462
2,365
2,252
1,435
1,490
831
5,600
13,316
- -
Effective Tax Rate (%)
27.09
26.41
29.09
28.79
26.38
4.85
10.88
15.57
22.05
21.83
18.5
19.93
21.23
- -
Profit Margin (%)
43.74
48.37
43.96
51.48
41.92
48.42
61.83
64.64
43.56
33.28
14.24
56.31
62.88
- -
Working Capital
11,553
13,107
10,774
5,780
6,715
7,642
5,919
5,706
10,314
7,283
2,665
12,382
9,821
- -
LT Debt
- -
- -
- -
- -
- -
- -
15
9
5
11
9
3
38
- -
Total Equity
11,460
12,857
12,934
13,624
13,805
12,509
13,594
14,182
14,181
14,793
13,785
18,844
28,479
- -
Return on Invested Capital (%)
8.67
7.05
4.93
3.55
3.66
4.97
11.97
9.81
6.75
7.19
1.86
29.94
51.11
- -
Return on Capital (%)
13.37
10.43
8.91
9.54
7.9
11.12
18.12
16.21
10.12
10.29
5.83
34.32
56.22
- -
Return on Common Equity (%)
13.31
10.34
8.89
9.53
7.9
11.12
18.12
16.22
10.12
10.28
5.82
34.33
56.27
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
9
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
38
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
255
255
255
Market Capitalization
566,854
608,136
722,107

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
41,518
- -
Cash, Cash Equivalents & STI
- -
32,363
- -
Accounts Receivable, Net
- -
640
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
31,697
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
9
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.56%
17.06%
51.13%
Free Cash Flow
-28.73%
34.18%
219.4%
Net Income, GAAP
72.29%
126.99%
137.76%
Sales/Revenue/Turnover
27.82%
48.83%
112.94%
Total Cash Common Dividend
34.88%
39.5%
292.71%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,344
2,856
3,014
2,913
9,945
2026
3,732
- -
6,656
8,889
21,177
2027
7,020
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.35
6.02
6.29
5.31
21.96
2026
7.97
- -
15.76
20.78
52.22
2027
16.21
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.53
2026
- -
- -
- -
- -
6
2027
- -
- -
- -
- -
- -

Company Description

CEO
Praveena Rai
Full Time Employees
478
Sector
Finance
Industry
Investment banks/Brokers
Address
Exchange Square Mumbai MH India 400093
IPO Date
Mar 9, 2012
Business
Multi Commodity Exchange of India Limited (MCX) operates as India's largest commodity derivatives exchange, providing a nationwide, electronic, online platform for trading futures and options contracts in commodities. The exchange offers futures and options trading in bullion including gold and silver variants such as Gold Mini, Gold Ten, and Silver Mini; base metals like copper and aluminium; energy products comprising crude oil, natural gas, and electricity futures (monthly base load); agricultural commodities such as cotton, mentha oil, cardamom, palm oil, and others; and index-based products including the MCX iCOMDEX series (Composite, Bullion, Base Metals, Gold, Copper, Crude Oil) with options on BULLDEX (gold and silver composite); alongside clearing and settlement services, data feed subscriptions, membership services, and the ComRIS system for warehouse commodity records. MCX commands dominant market share with approximately 98% in commodity futures trading value in FY2025, including 100% in precious metals, over 99% in energy and base metals, positioning it as the world's largest commodity options exchange by FIA rankings; it primarily serves retail investors, hedgers, arbitrageurs, and institutional participants across India through over 2,000 registered members and 346,000 trading terminals. Founded in 2003 and headquartered in Mumbai, Maharashtra, the exchange maintains pan-India operations with strategic alliances including CME Group, London Metal Exchange, Dalian Commodity Exchange, and domestic partners like Mahindra Agri Solutions and India Post for market outreach. Recent developments include the launch of Cardamom Futures contracts in July 2025 to enhance price discovery in spices; Electricity Futures (monthly base load) contracts commencing July 10, 2025; monthly Options on MCX iCOMDEX Bullion Index (BULLDEX) from October 27, 2025, marking India's first commodity index option for diversified precious metals exposure; Gold Ten (10g) Futures in April 2025; and a 1:5 stock split approved in August 2025, subdividing shares from face value of Rs 10 to Rs 2, alongside robust Q2 FY26 revenue growth of 31% to Rs 374 crore.