Multi Comm. Exc.

Why is Multi Commodity Exchange of India Ltd falling/rising?

As of 07-Aug, the stock price of Multi Commodity Exchange of India Ltd is rising to 2,650.00, driven by strong fundamentals and consistent performance, including a 67.96% increase over the past year. Despite a decline in delivery volume, high institutional holdings and positive financial indicators support the stock's upward trend.

As of 07-Aug, the stock price of Multi Commodity Exchange of India Ltd is rising, currently at 2,650.00, reflecting an increase of 8.0 (0.3%). This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 2.32% today and has experienced consecutive gains over the last two days, accumulating a total return of 1.93% during this period. <BR><BR>In terms of long-term performance, the company has demonstrated strong fundamentals, with a remarkable return on equity (ROE) of 20.54% and significant growth in net sales, which increased by 21.98%. The company has consistently declared positive results for the last ten consecutive quarters, indicating robust operational performance. Additionally, the cash and cash equivalents are at their highest level of Rs 2,536.90 crore, further supporting the company's financial health.<BR><BR>Moreover, the stock has shown impressive returns over various time frames, including a 67.96% increase over the past year and a staggering 713.68% over the last three years, significantly outperforming the benchmark Sensex. High institutional holdings at 80.67% suggest confidence from larger investors who typically have more resources to analyze company fundamentals.<BR><BR>Despite a slight decline in investor participation, as indicated by a 10.76% drop in delivery volume compared to the five-day average, the overall positive financial indicators and consistent performance contribute to the stock's rising price.

Which are the latest news on Multi Comm. Exc.?

Are Multi Commodity Exchange of India Ltd latest results good or bad?

The latest results for Multi Commodity Exchange of India Ltd show strong year-on-year growth, with a 103.47% increase in net profit and an 88.10% rise in net sales. However, there are concerns due to a decline in both net profit and sales compared to the previous quarter, along with the stock trading below major moving averages.

The latest results for Multi Commodity Exchange of India Ltd (MCX) show a mixed performance. On one hand, the company reported a consolidated net profit of ₹413.44 crore for Q1 FY27, which is a significant increase of 103.47% year-on-year. Additionally, net sales reached ₹702.00 crore, reflecting an impressive year-on-year growth of 88.10%. The operating margin (excluding other income) also improved to 70.37%, up from 64.75% in the same quarter last year.<BR><BR>However, there are some concerns regarding sequential performance. Compared to the previous quarter (Q4 FY26), net profit declined by 21.96%, and net sales decreased by 21.03%. This suggests a normalization after an exceptionally strong performance in the prior quarter. The stock has also faced challenges, trading below major moving averages and down 25.71% from its 52-week high.<BR><BR>Overall, while the year-on-year growth figures are strong and indicate robust operational efficiency, the quarter-on-quarter declines and recent stock performance present a more cautious outlook. Investors may need to weigh these factors when assessing the company's current standing.

Should I buy, sell or hold Multi Commodity Exchange of India Ltd?

When is the next results date for Multi Commodity Exchange of India Ltd?

The next results date for Multi Commodity Exchange of India Ltd is August 4, 2026.

The next results date for Multi Commodity Exchange of India Ltd is scheduled for August 4, 2026.

How big is Multi Comm. Exc.?

As of 10th June, Multi Commodity Exchange of India Ltd has a market capitalization of 71,396.00 Cr, with recent net sales of 2,302.00 Cr and net profit of 1,331.55 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Multi Commodity Exchange of India Ltd has a market capitalization of 71,396.00 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,302.00 Cr, while the sum of Net Profit for the same period is 1,331.55 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is for March 2025, with Shareholder's Funds valued at 1,884.40 Cr and Total Assets amounting to 4,325.17 Cr.

Who are in the management team of Multi Comm. Exc.?

The management team of Multi Comm. Exc. includes Chairman Harsh Kumar Bhanwala, Managing Director & CEO P S Reddy, and several Public Interest and Non-Executive Directors. They oversee the company's strategic direction and operations.

The management team of Multi Comm. Exc. includes the following individuals:<BR><BR>1. **Harsh Kumar Bhanwala** - Chairman/Public Interest Director<BR>2. **Ashutosh Vaidya** - Public Interest Director<BR>3. **C S Verma** - Public Interest Director<BR>4. **Shankar Aggarwal** - Public Interest Director<BR>5. **Sonu Bhasin** - Public Interest Director<BR>6. **Arvind Kathpalia** - Non-Executive Director/Shareholder<BR>7. **Hemang Raja** - Non-Executive Director/Shareholder<BR>8. **Mohan Narayan Shenoi** - Non-Executive Director/Shareholder<BR>9. **Vivek Krishna Sinha** - Non-Executive Director/Shareholder<BR>10. **P S Reddy** - Managing Director & CEO<BR>11. **Suparna Tandon** - Non-Executive Director/Shareholder<BR><BR>This team is responsible for guiding the company's strategic direction and operations.

Who are the peers of the Multi Comm. Exc.?

Peers of Multi Comm. Exc. include HDFC AMC, Nippon Life Ind., Motil.Oswal.Fin., 360 ONE, Aditya AMC, Angel One, Anand Rathi Wea., and BSE. Multi Comm. Exc. leads with a 1-year return of 80.90%, significantly outperforming HDFC AMC's -4.88%.

Peers: The peers of Multi Comm. Exc. are HDFC AMC, Nippon Life Ind., Motil.Oswal.Fin., 360 ONE, Aditya AMC, Angel One, Anand Rathi Wea., and BSE.<BR><BR>Quality Snapshot: Excellent management risk is observed at HDFC AMC, Multi Comm. Exc., Nippon Life Ind., 360 ONE, Angel One, and BSE, while Good management risk is found at Motil.Oswal.Fin., Aditya AMC, Anand Rathi Wea., and the rest. Excellent growth is noted at Multi Comm. Exc., Angel One, and BSE, while Good growth is seen at HDFC AMC, Nippon Life Ind., 360 ONE, and the rest. Excellent capital structure is present in HDFC AMC, Multi Comm. Exc., Nippon Life Ind., Motil.Oswal.Fin., 360 ONE, Aditya AMC, Angel One, BSE, and the rest.<BR><BR>Return Snapshot: Multi Comm. Exc. has a 1-year return of 80.90%, which is the highest among its peers, while HDFC AMC has the lowest at -4.88%. Multi Comm. Exc.'s return significantly outperforms HDFC AMC. Additionally, 360 ONE and Motil.Oswal.Fin. have negative six-month returns.

What does Multi Comm. Exc. do?

The Multi Commodity Exchange of India Limited (MCX) is a demutualized stock exchange that enables online trading, clearing, and settlement of commodity derivatives. As of March 2026, it reported net sales of ₹889 Cr and a net profit of ₹530 Cr, with a market cap of ₹71,396 Cr.

Overview:<BR>The Multi Commodity Exchange of India Limited is a demutualized stock exchange facilitating nationwide online trading, clearing, and settlement operations of commodities derivatives in the capital markets industry.<BR><BR>History:<BR>Incorporated in 2003, the company received permanent recognition from the Government of India on September 26, 2003. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 889 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 530 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 71,396 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 53.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 0.21% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 46.75% <BR>Price to Book: 25.29 <BR><BR>Contact Details:<BR>Address: Exchange Square Suren Road, Chakala Andheri (East) Mumbai Maharashtra : 400093 <BR>Phone: 91-22-67318888 <BR>Email: info@mcxindia.com <BR>Website: http://www.mcxindia.com

Is Multi Comm. Exc. overvalued or undervalued?

As of November 18, 2025, Multi Comm. Exc. is considered very expensive with a PE ratio of 70.73 and other high valuation metrics, indicating overvaluation despite strong performance compared to the Sensex.

As of 18 November 2025, the valuation grade for Multi Comm. Exc. has moved from fair to very expensive. The company is currently overvalued, with a PE ratio of 70.73, a Price to Book Value of 23.59, and an EV to EBITDA of 55.97. These ratios indicate a significant premium compared to its peers, such as Bajaj Finance, which has a PE ratio of 34.46, and Life Insurance, with a PE ratio of 11.34.<BR><BR>The high valuation metrics suggest that Multi Comm. Exc. is not justified by its financial performance, especially given its negative capital employed and a relatively low dividend yield of 0.31%. While the company has outperformed the Sensex significantly over various periods, including a year-to-date return of 54.75% compared to the Sensex's 8.36%, this does not mitigate the concerns regarding its current valuation levels.

How has been the historical performance of Multi Comm. Exc.?

Multi Comm. Exc. has experienced significant growth from March 2023 to March 2025, with net sales increasing from 513.51 Cr to 1,112.66 Cr, and profit after tax rising from 153.95 Cr to 557.95 Cr, reflecting strong operational efficiency and enhanced shareholder value. Total assets also grew from 3,022.32 Cr to 4,325.17 Cr, indicating robust financial performance.

Answer:<BR>The historical performance of Multi Comm. Exc. shows significant growth in net sales and profitability over the years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Multi Comm. Exc. has demonstrated a remarkable increase in net sales, rising from 513.51 Cr in March 2023 to 1,112.66 Cr in March 2025. This growth is reflected in the total operating income, which also increased significantly from 513.51 Cr to 1,112.66 Cr during the same period. Operating profit (PBDIT) excluding other income surged from 149.69 Cr in March 2023 to 665.31 Cr in March 2025, indicating improved operational efficiency. The profit before tax followed a similar upward trend, climbing from 195.55 Cr to 697.31 Cr, while profit after tax reached 557.95 Cr in March 2025, up from 153.95 Cr in March 2023. The company's earnings per share (EPS) saw a substantial rise from 29.21 in March 2023 to 109.81 in March 2025, reflecting enhanced shareholder value. On the balance sheet, total assets increased from 3,022.32 Cr in March 2023 to 4,325.17 Cr in March 2025, with total liabilities also rising but remaining manageable. The cash flow from operating activities improved significantly, reaching 950.00 Cr in March 2025, compared to 141.00 Cr in March 2023, showcasing strong cash generation capabilities. Overall, Multi Comm. Exc. has shown a robust financial performance trajectory, marked by increasing revenues, profits, and asset growth.

Is Multi Comm. Exc. technically bullish or bearish?

As of October 10, 2025, the trend is bullish with moderate strength, supported by bullish daily moving averages and Bollinger Bands, although caution is advised due to a mildly bearish MACD on the weekly chart, while the stock has delivered a strong 39.27% year-to-date return compared to the Sensex.

As of 10 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators supporting this include the daily moving averages which are bullish, and the Bollinger Bands showing bullish signals on both weekly and monthly time frames. However, the MACD on the weekly is mildly bearish, which suggests some caution. The overall performance of the stock is strong, with significant returns compared to the Sensex across multiple time frames, particularly a 39.27% year-to-date return.

Who are the top shareholders of the Multi Comm. Exc.?

The top shareholders of Multi Comm. Exc. include mutual funds with 35.64%, Foreign Institutional Investors at 21.81%, and Kotak Mahindra Bank Limited as the largest public shareholder with 15%. Individual investors hold 15.74%, and there are no pledged promoter holdings or a single highest promoter.

The top shareholders of Multi Comm. Exc. include mutual funds, which collectively hold 35.64% of the company through 36 different schemes. Foreign Institutional Investors (FIIs) own 21.81%, represented by 231 different FIIs. The highest public shareholder is Kotak Mahindra Bank Limited, holding 15%. Additionally, individual investors account for 15.74% of the shareholding. There are no pledged promoter holdings, and there is no single promoter with the highest holding.

Has Multi Comm. Exc. declared dividend?

Yes, Multi Commodity Exchange of India Ltd has declared a 76% dividend, amounting to ₹7.6 per share, with an ex-date of September 19, 2024. The company has shown strong total returns over various periods, particularly in the long term.

Multi Commodity Exchange of India Ltd has declared a 76% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 76%<BR>- Amount per share: 7.6<BR>- Ex-date: 19 Sep 24<BR><BR>Dividend Yield: 0.11%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 7.79%, with no dividend return, resulting in a total return of 7.79%.<BR><BR>Over the past year, the price return was 113.88%, with a dividend return of 0.21%, leading to a total return of 114.09%.<BR><BR>In the 2-year period, the price return was 407.45%, with a dividend return of 1.69%, culminating in a total return of 409.14%.<BR><BR>For the 3-year period, the price return was 459.83%, with a dividend return of 3.59%, resulting in a total return of 463.42%.<BR><BR>In the last 4 years, the price return was 373.35%, with a dividend return of 4.74%, leading to a total return of 378.09%.<BR><BR>Over the past 5 years, the price return was 516.18%, with a dividend return of 7.95%, resulting in a total return of 524.13%.<BR><BR>Overall, Multi Commodity Exchange of India Ltd has declared a substantial dividend, and the total returns over various periods indicate strong performance, particularly in the longer term. The company appears to be rewarding its shareholders while also achieving significant price appreciation.