Pine Labs vs Multi Commodity Exchange of India: share price & financials comparison
NSE: PINELABS vs MCX · Financial Services · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Pine Labs vs Multi Commodity Exchange of India at a glance
Pine Labs (PINELABS) has a market capitalisation of ₹18,758 Cr, against ₹17,992 Cr for Multi Commodity Exchange of India (MCX). On valuation, Multi Commodity Exchange of India trades at a lower P/E of 15.0 versus 191.5. Multi Commodity Exchange of India comes out ahead on valuation, profitability, momentum and technicals. Across the scored metrics below, Pine Labs leads on 1 and Multi Commodity Exchange of India on 7. On StoxGud's 10-point checklist, Pine Labs scores 3/10 and Multi Commodity Exchange of India scores 7/10.
| Metric | Pine Labs | Multi Commodity Exchange of India |
|---|---|---|
| Size | ||
| Market cap | ₹18,758 Cr | ₹17,992 Cr |
| Revenue (latest FY) | ₹2,711 Cr | — |
| Net profit (latest FY) | ₹113 Cr | — |
| Valuation | ||
| P/E | 191.5 | 15.0 |
| P/B | 3.12 | — |
| Profitability | ||
| Return on equity | 1.6% | — |
| Net profit margin | 3.3% | 48.5% |
| Operating margin | 15.4% | 62.0% |
| Growth | ||
| Revenue growth (YoY) | +24.0% | +90.9% |
| Net profit growth (YoY) | +546.1% | +108.6% |
| Financial health | ||
| Debt to equity | 0.03 | — |
| Momentum | ||
| 1-month return | -8.6% | +4.9% |
| 1-year return | — | +92.3% |
| 3-year CAGR | — | +90.1% |
| 5-year CAGR | — | +57.4% |
| 10-year CAGR | — | +29.3% |
| Distance from 52W high | -35.3% | +0.0% |
| Technicals | ||
| RSI (14) | 48 | 65 |
| Price vs 200-day avg | -5.9% | +22.8% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Pine Labs | Multi Commodity Exchange of India |
|---|---|---|
| Price above 50-day average | ✗ | ✓ |
| Price above 200-day average | ✗ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✓ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✗ | ✓ |
| Return on equity above 15% | ✗ | ✗ |
| Debt to equity below 1 | ✓ | ✗ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✓ |
| P/E below industry median | ✗ | ✗ |
| Score | 3/10 | 7/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Pine Labs or Multi Commodity Exchange of India?
Pine Labs has a market cap of ₹18,758 Cr and Multi Commodity Exchange of India has a market cap of ₹17,992 Cr as of 06 Nov 2026.
Which has a lower P/E, Pine Labs or Multi Commodity Exchange of India?
Multi Commodity Exchange of India has the lower P/E: Pine Labs trades at 191.5 and Multi Commodity Exchange of India at 15.0.
Is Pine Labs or Multi Commodity Exchange of India a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Pine Labs scores 3/10 and Multi Commodity Exchange of India scores 7/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.