Multi Commodity Exchange of India Ltd.
NSE: MCX · Financial Services
Ask the data
Instant answers about Multi Commodity Exchange of India Ltd. — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY13† | FY14† | FY15† | FY16† | FY17† | FY18† | FY19† | FY20† | FY21† | FY22† | FY23† | FY24† | FY25† | FY26† | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 516 | 341 | 222 | 235 | 259 | 258 | 298 | 370 | 345 | 330 | 449 | 586 | 1,012 | 2,154 |
| EBITDA | 310 | 146 | 88 | 77 | 80 | 72 | 93 | 145 | 141 | 128 | 120 | 20 | 520 | 1,322 |
| Operating margin | 60.1% | 42.8% | 39.4% | 32.6% | 30.7% | 28.1% | 31.0% | 39.3% | 40.8% | 38.9% | 26.7% | 3.4% | 51.4% | 61.4% |
| Interest | 0 | — | 2 | 0 | 0 | — | — | 0 | 0 | 0 | — | 0 | 0 | 0 |
| Depreciation | 31 | 34 | 26 | 25 | 19 | 17 | 15 | 18 | 22 | 22 | 20 | 34 | 62 | 75 |
| Profit before tax | 405 | 210 | 153 | 83 | 177 | 144 | 140 | 239 | 229 | 159 | 171 | 71 | 554 | 1,374 |
| Tax | 106 | 57 | 28 | 41 | 51 | 38 | 3 | 30 | 42 | 41 | 42 | 19 | 139 | 345 |
| Net profit | 299 | 153 | 125 | 42 | 126 | 106 | 137 | 209 | 188 | 118 | 130 | 52 | 415 | 1,029 |
Quarterly performance
last 58 quarters · ₹ crore| MAR '12† | JUN '12† | SEP '12† | DEC '12† | MAR '13† | JUN '13† | SEP '13† | DEC '13† | MAR '14† | JUN '14† | SEP '14† | DEC '14† | MAR '15† | JUN '15† | SEP '15† | DEC '15† | MAR '16† | JUN '16† | SEP '16† | DEC '16† | MAR '17† | JUN '17† | SEP '17† | DEC '17† | MAR '18† | JUN '18† | SEP '18† | DEC '18† | MAR '19† | JUN '19† | SEP '19† | DEC '19† | MAR '20† | JUN '20† | SEP '20† | DEC '20† | MAR '21† | JUN '21† | SEP '21† | DEC '21† | MAR '22† | JUN '22† | SEP '22† | DEC '22† | MAR '23† | JUN '23† | SEP '23† | DEC '23† | MAR '24† | JUN '24† | SEP '24† | DEC '24† | MAR '25† | JUN '25† | SEP '25† | DEC '25† | MAR '26† | JUN '26† | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 124 | 123 | 136 | 130 | 127 | 127 | 88 | 61 | 64 | 52 | 55 | 57 | 59 | 56 | 61 | 57 | 61 | 63 | 65 | 69 | 63 | 59 | 67 | 61 | 71 | 73 | 71 | 76 | 78 | 79 | 99 | 88 | 105 | 63 | 106 | 89 | 86 | 78 | 75 | 81 | 96 | 99 | 113 | 123 | 114 | 127 | 140 | 163 | 156 | 209 | 257 | 278 | 269 | 349 | 352 | 624 | 829 | 667 |
| Operating profit | 74 | 76 | 87 | 78 | 70 | 68 | 19 | 18 | 42 | 11 | 18 | 25 | 33 | 19 | 18 | 21 | 19 | 22 | 25 | 19 | 13 | 13 | 21 | 14 | 24 | 26 | 23 | 20 | 24 | 27 | 44 | 37 | 38 | 19 | 50 | 38 | 34 | 28 | 26 | 31 | 43 | 39 | 50 | 26 | 5 | 13 | -20 | -46 | 73 | 101 | 137 | 155 | 127 | 195 | 199 | 399 | 529 | 407 |
| Operating margin | 59.9% | 61.5% | 63.9% | 59.8% | 55.0% | 53.2% | 21.2% | 28.7% | 65.2% | 22.2% | 32.9% | 43.3% | 56.6% | 33.8% | 30.2% | 36.1% | 30.7% | 35.2% | 38.6% | 28.1% | 21.0% | 22.3% | 31.3% | 23.1% | 34.1% | 35.5% | 32.3% | 26.1% | 30.6% | 33.9% | 44.8% | 41.4% | 36.3% | 29.5% | 46.9% | 43.2% | 39.1% | 35.8% | 35.4% | 38.0% | 45.0% | 39.6% | 44.4% | 20.9% | 4.1% | 10.0% | -14.4% | -28.0% | 46.9% | 48.6% | 53.5% | 55.8% | 47.1% | 55.9% | 56.5% | 63.9% | 63.8% | 61.0% |
| Other income | 31 | 23 | 28 | 32 | 42 | 24 | 24 | 18 | 33 | 24 | 27 | 20 | 39 | 26 | 29 | 20 | 23 | 31 | 30 | 31 | 24 | 28 | 23 | 14 | 24 | 10 | 19 | 29 | 28 | 27 | 39 | 20 | 24 | 51 | 20 | 27 | 13 | 23 | 17 | 16 | 16 | 10 | 20 | 21 | 22 | 21 | 21 | 20 | 22 | 19 | 24 | 23 | 29 | 32 | 27 | 32 | 37 | 50 |
| Interest | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 7 | 11 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 4 | 4 | 5 | 5 | 5 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 6 | 5 | 5 | 6 | 6 | 7 | 6 | 7 | 3 | 5 | 6 | 4 | 6 | 4 | 6 | 11 | 13 | 13 | 14 | 14 | 21 | 17 | 18 | 21 | 19 | 20 |
| Profit before tax | 84 | 92 | 108 | 101 | 104 | 83 | 35 | 28 | 63 | 29 | 37 | 38 | 49 | -21 | 41 | 29 | 34 | 48 | 51 | 46 | 32 | 36 | 39 | 24 | 45 | 8 | 38 | 45 | 48 | 50 | 80 | 52 | 57 | 65 | 64 | 59 | 41 | 45 | 37 | 41 | 37 | 43 | 65 | 43 | 21 | 30 | -5 | -36 | 82 | 108 | 148 | 164 | 135 | 210 | 208 | 409 | 547 | 437 |
| Tax | 18 | 27 | 27 | 25 | 27 | 23 | 8 | 7 | 19 | 6 | 8 | 15 | 0 | 13 | 10 | 11 | 7 | 15 | 13 | 12 | 11 | 10 | 10 | 7 | 11 | 2 | 5 | 7 | -10 | 10 | 17 | 4 | -1 | 15 | 20 | -4 | 11 | 12 | 10 | 11 | 8 | 11 | 13 | 9 | 9 | 6 | 2 | -9 | 20 | 27 | 37 | 42 | 33 | 53 | 51 | 102 | 139 | 110 |
| Net profit | 66 | 65 | 81 | 76 | 77 | 60 | 27 | 22 | 44 | 23 | 29 | 23 | 49 | -34 | 31 | 18 | 27 | 33 | 38 | 34 | 22 | 26 | 28 | 18 | 34 | 6 | 34 | 38 | 58 | 40 | 63 | 48 | 57 | 50 | 44 | 63 | 30 | 33 | 27 | 30 | 29 | 33 | 51 | 34 | 12 | 24 | -7 | -27 | 62 | 80 | 111 | 122 | 102 | 157 | 156 | 307 | 409 | 327 |
| EPS ₹ | 12.93 | 12.69 | 15.96 | 14.88 | 15.03 | 11.79 | 5.30 | 4.31 | 8.63 | 4.62 | 5.79 | 4.52 | 9.70 | -6.74 | 6.11 | 3.53 | 5.33 | 6.46 | 7.41 | 6.68 | 4.30 | 5.16 | 5.57 | 3.50 | 6.68 | 1.21 | 6.66 | 7.48 | 11.49 | 7.90 | 12.33 | 9.52 | 11.23 | 9.83 | 8.73 | 12.46 | 5.88 | 6.48 | 5.34 | 5.82 | 5.64 | 6.41 | 10.05 | 6.66 | 2.39 | 4.70 | -1.33 | -5.32 | 12.15 | 15.76 | 21.67 | 23.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue YoY | — | — | — | — | 2.3% | 3.5% | -35.5% | -52.7% | -49.5% | -59.5% | -37.7% | -7.0% | -7.8% | 9.0% | 11.7% | -0.2% | 2.6% | 12.0% | 6.5% | 20.4% | 3.5% | -6.0% | 3.1% | -11.1% | 12.7% | 23.1% | 5.4% | 24.9% | 11.1% | 8.1% | 39.4% | 15.9% | 33.3% | -19.9% | 7.6% | 0.8% | -17.3% | 23.0% | -29.6% | -8.7% | 11.1% | 27.0% | 51.2% | 51.6% | 19.0% | 29.0% | 23.4% | 32.6% | 36.5% | 63.9% | 83.7% | 70.2% | 72.2% | 67.5% | 37.0% | 124.8% | 208.2% | 90.9% |
| Profit YoY | — | — | — | — | 16.2% | -7.1% | -66.8% | -71.2% | -42.9% | -61.1% | 8.6% | 5.2% | 12.7% | -246.4% | 5.6% | -21.8% | -45.0% | — | 21.3% | 89.0% | -19.3% | -20.0% | -24.8% | -47.6% | 55.2% | -76.5% | 19.5% | 113.8% | 72.1% | 551.7% | 85.3% | 27.3% | -2.2% | 24.5% | -29.2% | 30.9% | -47.6% | -34.2% | -38.8% | -53.3% | -4.0% | -1.0% | 88.3% | 14.4% | -57.7% | -26.7% | -113.2% | -180.1% | 409.9% | 235.9% | — | — | 64.1% | 95.2% | 41.5% | 151.3% | 301.9% | 108.6% |
Returns & margins
trailing-twelve-month, per quarter| DEC '12 | MAR '13 | JUN '13 | SEP '13 | DEC '13 | MAR '14 | JUN '14 | SEP '14 | DEC '14 | MAR '15 | JUN '15 | SEP '15 | DEC '15 | MAR '16 | JUN '16 | SEP '16 | DEC '16 | MAR '17 | JUN '17 | SEP '17 | DEC '17 | MAR '18 | JUN '18 | SEP '18 | DEC '18 | MAR '19 | JUN '19 | SEP '19 | DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net margin | 56.1% | 57.9% | 56.5% | 50.8% | 46.0% | 44.8% | 43.8% | 51.1% | 52.5% | 56.2% | 29.7% | 29.6% | 27.4% | 17.8% | 45.1% | 47.0% | 51.1% | 48.7% | 46.8% | 42.8% | 37.7% | 41.2% | 31.8% | 33.3% | 38.6% | 45.8% | 56.1% | 60.0% | 60.9% | 56.3% | 61.6% | 55.2% | 59.2% | 54.5% | 47.5% | 46.8% | 37.4% | 35.9% | 33.7% | 36.5% | 34.0% | 28.9% | 25.4% | 12.5% | 0.4% | 8.9% | 16.2% | 28.8% | 41.7% | 41.0% | 42.6% | 43.1% | 45.3% | 47.8% | 48.5% |
| EBITDA margin | 61.3% | 60.1% | 58.1% | 49.5% | 43.1% | 42.8% | 33.8% | 38.3% | 42.2% | 39.4% | 41.9% | 40.9% | 39.2% | 32.6% | 33.0% | 35.2% | 33.1% | 30.7% | 27.7% | 25.9% | 24.6% | 28.1% | 31.3% | 31.6% | 31.9% | 31.0% | 30.7% | 34.6% | 38.2% | 39.3% | 38.7% | 39.4% | 39.9% | 40.8% | 41.7% | 38.6% | 37.2% | 38.9% | 39.8% | 42.0% | 36.7% | 26.7% | 19.6% | 4.6% | -8.9% | 3.4% | 16.3% | 33.9% | 51.9% | 51.4% | 53.3% | 54.2% | 57.7% | 61.4% | 62.0% |
| Interest coverage | — | 13505.67 | — | — | — | — | 147.46 | 65.75 | 66.51 | 96.25 | 63.93 | 383.96 | 613.75 | 2078.25 | 2176.29 | 1625.10 | 1196.47 | 888.15 | — | — | — | — | — | — | — | — | — | — | 4604.80 | 1194.00 | 1015.48 | 794.87 | 721.47 | 1043.68 | 950.36 | 791.87 | 681.79 | 612.46 | 607.35 | — | — | — | — | 367.92 | 38.75 | 308.00 | 676.50 | 1509.30 | 2788.17 | 3260.12 | 4103.75 | 4478.19 | 6871.29 | 4740.48 | 4107.05 |
Balance sheet
equity vs borrowings over time · ₹ croreNot filed yet.
Cash flow
annual · ₹ crore · line = free cash flowNot filed yet.
Where the assets sit
No balance sheet filed yet.
Peer comparison
largest in Financial Services · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | 12,15,371 | 788.25 | 15.2 | 2.01 | 13.3% |
| ICICI Bank Ltd. | 11,28,090 | 1,571.20 | 19.1 | 2.75 | 14.4% |
| State Bank of India | 9,40,157 | 1,018.50 | 10.4 | 1.36 | 13.1% |
| Bajaj Finance Ltd. | 6,77,005 | 1,087.75 | — | — | — |
| Kotak Mahindra Bank Ltd. | 4,77,499 | 480.00 | 22.2 | 2.45 | 11.0% |
| Axis Bank Ltd. | 4,11,911 | 1,322.90 | 13.8 | 1.79 | 13.0% |
| Shriram Finance Ltd. | 2,26,163 | 961.15 | — | — | — |
| BSE Ltd. | 1,55,002 | 3,800.00 | 50.3 | 19.49 | 38.8% |
| Cholamandalam Investment and Finance Company Ltd. | 1,53,126 | 1,785.00 | — | — | — |
| Jio Financial Services Ltd. | 1,52,665 | 231.20 | — | — | — |
| Multi Commodity Exchange of India Ltd. | 17,992 | 3,528.00 | 15.0 | — | — |
StoxGud checklist: Bullish setup · 7/10
- 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
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
Compare Multi Commodity Exchange of India Ltd. with
FAQs
What is the share price of Multi Commodity Exchange of India Ltd.?
Multi Commodity Exchange of India Ltd. (MCX) closed at ₹3,528.00 on NSE on 06 Nov 2026.
What is the market cap of Multi Commodity Exchange of India Ltd.?
₹17,992 crore at the latest close.
What is the P/E ratio of Multi Commodity Exchange of India Ltd.?
15.0, on trailing-twelve-month earnings from its filings.
How fast is Multi Commodity Exchange of India Ltd. growing?
Multi Commodity Exchange of India Ltd.: revenue has compounded at 68.6% a year over three years; net profit at 99.4% a year. Latest-quarter revenue is up 90.9% year on year, profit up 108.6%.
How profitable is Multi Commodity Exchange of India Ltd.?
On a trailing-twelve-month basis operating margin 62.0%, net margin 48.5%.
How much debt does Multi Commodity Exchange of India Ltd. have?
Debt to equity isn't meaningful for Multi Commodity Exchange of India Ltd. (banks borrow as part of their business) or isn't filed yet.
Multi Commodity Exchange of India Ltd.'s results are not in NSE's XBRL filings, so these are its standalone quarterly results as published on BSE (†), ₹ crore, from MAR '12; full years are summed from the quarters. No balance sheet or cash flow is available from this source. Information only, not investment advice.