The MCX) commenced operation in Nov,03 is India’s first listed, national-level, electronic exchange, and India’s leading commodity derivatives exchange which offers the benefits of fair price discovery and price risk management to the Indian commodity market ecosystem. The Exchange operates under SEBI.[1]
Monopoly[1]Co. has a 95.9% share in the Commodity future market in FY24. It controls a 100% share of Precious metals & stones, 99.61% in Energy & 99.80% in base metals except agri-commodities where it commands a share of 2.65%. Co. is the 7th largest by the number of Commodity Futures traded and the 6th largest by the number of Commodity Options.The 2nd largest player NCDEX in the commodity future market controls the rest 3.9% market share.
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | BSE | 2744.90 | 62.18 | 111799.52 | 0.22 | 557.02 | 61.05 | 1068.39 | 31.36 | 46.57 | 3698.07 | 56.31 | 1797.89 | 558.43 | 21.42 | 14.03 | 0.00 |
| 2. | Multi Comm. Exc. | 2305.00 | 109.30 | 58712.88 | 0.26 | 156.43 | 41.53 | 351.61 | 37.05 | 31.88 | 1247.30 | 54.16 | 537.18 | 156.43 | 28.17 | 20.21 | 0.00 |
| 3. | Indian Energy Ex | 154.78 | 30.80 | 13854.74 | 1.94 | 121.61 | 14.64 | 152.24 | 9.34 | 53.61 | 564.80 | 85.11 | 449.79 | 121.61 | 11.50 | 21.23 | 0.00 |
| – | Median: 3 Co. | 2305.0 | 62.18 | 58712.88 | 0.26 | 156.43 | 41.53 | 351.61 | 31.36 | 46.57 | 1247.3 | 56.31 | 537.18 | 156.43 | 21.42 | 20.21 | 0.0 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 123 | 163 | 278 | 128 | 209 | 349 | 114 | 160 | 269 | 113 | 141 | 257 | 352 |
Expenses | 97 | 209 | 123 | 114 | 107 | 154 | 110 | 83 | 142 | 63 | 160 | 119 | 153 |
Operating Profit | 26 | -46 | 155 | 13 | 101 | 195 | 5 | 77 | 127 | 50 | -19 | 137 | 199 |
Other Income | 21 | 20 | 23 | 20 | 19 | 32 | 22 | 18 | 29 | 20 | 20 | 24 | 27 |
Profit before tax | 43 | -36 | 164 | 30 | 108 | 210 | 21 | 82 | 135 | 65 | -5 | 148 | 208 |
Tax % | 21% | -25% | 25% | 19% | 25% | 25% | 41% | 25% | 24% | 21% | 32% | 25% | 25% |
Net Profit | 34 | -27 | 122 | 24 | 80 | 157 | 12 | 62 | 102 | 51 | -7 | 111 | 156 |
EPS in Rs | 1.33 | -1.06 | 4.79 | 0.94 | 3.15 | 6.15 | 0.48 | 2.43 | 3.99 | 2.01 | -0.27 | 4.33 | 6.13 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 341 | 222 | 235 | 259 | 260 | 298 | 370 | 345 | 330 | 449 | 595 | 1,012 | 1,247 |
Expenses | 194 | 135 | 160 | 180 | 186 | 206 | 225 | 204 | 201 | 329 | 566 | 492 | 572 |
Operating Profit | 146 | 88 | 75 | 80 | 74 | 93 | 145 | 141 | 128 | 120 | 29 | 520 | 676 |
Other Income | 99 | 110 | 111 | 116 | 86 | 63 | 111 | 111 | 53 | 72 | 76 | 96 | 111 |
Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 34 | 26 | 25 | 19 | 17 | 15 | 18 | 22 | 22 | 20 | 34 | 62 | 70 |
Profit before tax | 210 | 170 | 161 | 177 | 144 | 140 | 239 | 229 | 159 | 171 | 71 | 554 | 716 |
Net Profit | 153 | 125 | 114 | 126 | 106 | 136 | 209 | 188 | 118 | 130 | 52 | 415 | 537 |
EPS in Rs | 5.99 | 4.90 | 4.46 | 4.95 | 4.17 | 5.35 | 8.18 | 7.37 | 4.65 | 5.09 | 2.04 | 16.27 | 21.06 |
Dividend Payout % | 33% | 41% | 29% | 61% | 82% | 75% | 73% | 75% | 75% | 75% | 75% | 37% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 |
Reserves | 1,093 | 1,151 | 1,239 | 1,308 | 1,325 | 1,412 | 1,496 | 1,529 | 1,504 | 1,545 | 1,496 | 1,876 | 2,036 |
Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 2 | 2 | 1 | 1 |
Other Liabilities | 597 | 622 | 568 | 507 | 585 | 161 | 220 | 205 | 255 | 260 | 259 | 367 | 556 |
Total Liabilities | 1,742 | 1,824 | 1,858 | 1,866 | 1,961 | 1,624 | 1,767 | 1,787 | 1,811 | 1,857 | 1,808 | 2,296 | 2,643 |
Fixed Assets | 173 | 143 | 137 | 152 | 156 | 157 | 157 | 158 | 153 | 145 | 373 | 405 | 423 |
Gross Block | 354 | 357 | 162 | 195 | 216 | 231 | 249 | 271 | 286 | 298 | 561 | 548 | – |
Accumulated Depreciation | 181 | 214 | 25 | 43 | 59 | 74 | 91 | 113 | 133 | 153 | 188 | 142 | – |
CWIP | 0 | 2 | 3 | 0 | 6 | 19 | 23 | 26 | 94 | 168 | 16 | 18 | 0 |
Investments | 1,090 | 1,293 | 1,111 | 1,195 | 1,416 | 1,252 | 1,421 | 1,445 | 1,398 | 1,216 | 1,134 | 1,629 | 1,952 |
Other Assets | 478 | 387 | 607 | 519 | 383 | 196 | 165 | 158 | 167 | 328 | 286 | 243 | 267 |
Total Assets | 1,742 | 1,824 | 1,858 | 1,866 | 1,961 | 1,624 | 1,767 | 1,787 | 1,811 | 1,857 | 1,808 | 2,296 | 2,643 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 38 | 70 | 78 | -32 | 102 | -129 | 201 | 89 | 119 | -64 | 117 | 611 |
Cash from Investing Activity | 53 | -68 | -31 | 55 | 33 | 191 | -78 | 63 | 23 | 151 | -19 | -570 |
Cash from Financing Activity | -113 | -19 | -61 | -40 | -92 | -105 | -123 | -154 | -142 | -89 | -98 | -40 |
Net Cash Flow | -22 | -18 | -14 | -17 | 43 | -43 | -1 | -1 | 0 | -2 | -0 | 1 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 10 | 17 | 7 | 4 | 9 | 11 | 7 | 12 | 15 | 9 | 32 | 3 |
Inventory Days | – | – | – | – | – | – | – | – | – | – | – | – |
Days Payable | – | – | – | – | – | – | – | – | – | – | – | – |
Cash Conversion Cycle | 10 | 17 | 7 | 4 | 9 | 11 | 7 | 12 | 15 | 9 | 32 | 3 |
Working Capital Days | -290 | -522 | -446 | -287 | -438 | -40 | -93 | -70 | -114 | 19 | -37 | -64 |
ROCE % | 14% | 10% | 10% | 11% | 8% | 11% | 11% | 12% | 11% | 11% | 4% | 32% |
Direct from BSE filings, auto-summarised
External media mentions & references
Editorial & research coverage
No credit ratings.
Nov 2025
Aug 2025
May 2025
Jan 2025
Oct 2024
Aug 2024
May 2024
May 2024
May 2024
Apr 2024
Apr 2024
Feb 2024
Dec 2023
Dec 2023
Nov 2023
Nov 2023
Nov 2023
Nov 2023
Nov 2023
Nov 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Jun 2023
Jun 2023
Jun 2023
Jun 2023
May 2023
May 2023
Feb 2023
Feb 2023
Feb 2023
Feb 2023
Feb 2023
Feb 2023
Dec 2022
Nov 2022
Nov 2022
Nov 2022
Nov 2022
Nov 2022
Nov 2022
Nov 2022
Nov 2022
Nov 2022
Nov 2022
Sep 2022
Aug 2022
Aug 2022
Aug 2022
Aug 2022
Aug 2022
Aug 2022
Aug 2022
Aug 2022
Aug 2022
Jun 2022
Jun 2022
May 2022
May 2022
May 2022
Feb 2022
Nov 2021
Jul 2021
Jun 2021
Jun 2021
Jun 2021
Jun 2021
Jun 2021
Jun 2021
May 2021
Feb 2021
Nov 2020
Aug 2020
Jul 2020
Jun 2020
Feb 2020
Oct 2019
Sep 2019
Jul 2019
May 2019
Jan 2019
Oct 2018
Jul 2018
Apr 2018
Jan 2018
Oct 2017
May 2017
Jan 2017
Oct 2016
Sep 2016
Feb 2016
Oct 2015
Aug 2015
Stock Analysis
Multi Commodity Exchange of India Ltd. (MCX) is India's first listed, national-level, electronic commodity derivatives exchange, operating under SEBI. It provides price discovery and risk management for the Indian commodity market ecosystem, holding a dominant market share across various commodity segments.
Currently no data available for Order Book.
Currently no data available for Key Red Flags.
Corporate Announcements
