Multi Comm. Exc.

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

As of 24-Aug, the stock price of Multi Commodity Exchange of India Ltd is rising to Rs 3,263.00, reflecting a 2.55% increase. This rise is driven by strong performance metrics, positive investor sentiment, and robust financial fundamentals, including significant growth in net sales and high institutional holdings.

As of 24-Aug, the stock price of Multi Commodity Exchange of India Ltd is rising, currently at Rs 3,263.00, reflecting a change of Rs 81.0 or 2.55% increase. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 10.91% compared to a decline of 0.46% in the index. Additionally, the stock has shown impressive performance over the last month, with a rise of 19.54% against the Sensex's 1.72% increase.<BR><BR>Today, the stock has outperformed its sector by 2.93% and has been on a consecutive gain streak for the last three days, accumulating a total return of 9.75% during this period. The stock also reached an intraday high of Rs 3,288.8, marking a 3.36% increase. Furthermore, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend.<BR><BR>Investor participation has increased, with delivery volume rising by 29.67% against the 5-day average, suggesting heightened interest in the stock. The liquidity of the stock is also favorable, supporting a trade size of Rs 20.06 crore based on 2% of the 5-day average traded value.<BR><BR>The company's strong fundamentals contribute to this positive momentum, with an average return on equity (ROE) of 20.54% and significant growth in net sales and operating profit. The latest financial results indicate a 21.98% growth in net sales, with the company reporting positive results for the last ten consecutive quarters. The high institutional holdings at 80.67% further bolster confidence in the stock, as these investors typically have the resources to analyze company fundamentals effectively.<BR><BR>Overall, the combination of strong performance metrics, positive investor sentiment, and robust financial fundamentals is driving the rise in the stock price of Multi Commodity Exchange of India Ltd.

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

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

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 / Share<BR>7. **Hemang Raja** - Non Executive Director / Share<BR>8. **Mohan Narayan Shenoi** - Non Executive Director / Share<BR>9. **Vivek Krishna Sinha** - Non Executive Director / Share<BR>10. **P S Reddy** - Managing Director & CEO<BR>11. **Suparna Tandon** - Non Executive Director / Share<BR><BR>This team is responsible for overseeing the company's strategic direction and operations.

What does Multi Comm. Exc. do?

The Multi Commodity Exchange of India Limited (MCX) is a demutualized stock exchange that enables online trading of commodity derivatives. As of June 2026, it reported net sales of ₹702 Cr and a net profit of ₹413 Cr, with a market cap of ₹76,072 Cr.

Overview:<BR>The Multi Commodity Exchange of India Limited is a demutualized stock exchange that facilitates nationwide online trading, clearing, and settlement operations of commodity 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 June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 702 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 413 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 76,072 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 49.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 46.75% <BR>Price-to-Book: 26.52 <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

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, Anand Rathi Wea., CRISIL, and BSE. Multi Comm. Exc. leads in 1-year returns at 77.97%, while CRISIL has the lowest return at -14.15%.

Peers: The peers of Multi Comm. Exc. are HDFC AMC, Nippon Life Ind., Motil.Oswal.Fin., 360 ONE, Anand Rathi Wea., CRISIL, and BSE.<BR><BR>Quality Snapshot: Excellent management risk is observed at HDFC AMC, Multi Comm. Exc., Nippon Life Ind., 360 ONE, CRISIL, and BSE, while Good management risk is found at Motil.Oswal.Fin. and Anand Rathi Wea. Excellent growth is noted at Multi Comm. Exc. and BSE, while Good growth is seen at HDFC AMC, Nippon Life Ind., Motil.Oswal.Fin., 360 ONE, Anand Rathi Wea., and the rest. Excellent capital structure is present at HDFC AMC, Multi Comm. Exc., Nippon Life Ind., Motil.Oswal.Fin., 360 ONE, Anand Rathi Wea., CRISIL, and BSE.<BR><BR>Return Snapshot: Multi Comm. Exc. has a 1-year return of 77.97%, the highest among its peers, while CRISIL has the lowest at -14.15%. Multi Comm. Exc.'s return significantly exceeds that of CRISIL. Additionally, CRISIL is the only peer with a negative six-month return.

How big is Multi Comm. Exc.?

As of 14th August, Multi Commodity Exchange of India Ltd has a market capitalization of 74,687.11 Cr, with recent net sales of 2,630.79 Cr and net profit of 1,541.80 Cr over the last four quarters.

As of 14th August, <BR><BR>Market Cap: Multi Commodity Exchange of India Ltd has a market capitalization of 74,687.11 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,630.79 Cr, while the sum of Net Profit for the same period is 1,541.80 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds are valued at 1,884.40 Cr, and Total Assets amount to 4,325.17 Cr.

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.

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.

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.