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As of 6 Nov 2026, Multi Commodity Exchange of India trades at 60.9× trailing earnings, above the industry P/E of 38.2×, and the shares are close to their 52-week high. Its ROCE of 39% is the second-highest among its 6 Financial Data & Stock Exchanges peers, and sales and net profit grew 68% and 107% a year over 3 years. It has almost no debt, and its dividend yield is 0.2%. It is a mid-cap company with a market cap of ₹89,793 Cr, ranked 3rd of 7 Financial Data & Stock Exchanges companies by market cap; the shares rose 80% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹3,345.00
Day high
₹3,550.00
Day low
₹3,306.00
Prev. close
₹3,366.00
Volume
41.3 L

Health check

4 good · 2 to check
  • ReturnsAhead

    +80.5% over a year, better than 6 of 6 peers.

  • Price tagPricier

    P/E 60.9 vs industry 38.2.

  • GrowthStrong

    Sales +67.8%, profit +107.5% a year over 3 years.

  • ProfitabilityStrong

    ROCE 39.0% vs peer median 27.2%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 7 of 9.

  • Red flags1 to check

    P/E of 60.9 against an industry P/E of 38.2.

Compared with 6 industry peers. Computed from reported figures. Educational, not a recommendation.

Financial Data & Stock Exchanges

6 listed peers. Screen the industry

Mid cap

₹89,793 Cr, #3 of 7 in its industry by size.

Defensive

Beta 0.70 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹3,216 Cr · profit ₹1,799 Cr
Market cap
₹89,793 Cr
Mid cap
P/E
60.9
Industry 38.2
Price to book
18.05
Peers 7.96
Dividend yield
0.23%
ROE
44.4%
Peers 23.7%
ROCE
39.0%
Peers 27.2%
Debt to equity
0.00
Debt ₹9.08 Cr
EPS (TTM)
₹57.97
Face value ₹2
OPM (TTM)
74.2%
Net margin 55.9%
Sales growth
+112.4%
Latest quarter vs a year ago
Profit growth
+130.2%
Latest quarter vs a year ago
Price to sales
27.92
EV/EBITDA 35.6

Strengths and risks

Strengths

  • Return on equity of 44.4%.
  • Return on capital employed of 39.0%.
  • Practically debt-free.
  • Quarterly profit up 130.2% on a year ago.
  • Quarterly sales up 112.4% on a year ago.

Risks to check

  • P/E of 60.9 against an industry P/E of 38.2.

Derived automatically from reported figures. Not a recommendation.

About Multi Commodity Exchange of India

Multi Commodity Exchange of India Limited, a commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India. The company offers iCOMDEX, a real-time commodity futures price indices; and trades in bullion, base metals, energy, and agricultural commodities. It also provides clearing and settlement services; and data feed subscription and membership services. The company has strategic alliances,…

Headquarters
Mumbai
Employees
436
Sector
Financial Services
ISIN
INE745G01043
Website
mcxindia.com

Price range

52 weeks

₹1,865.50₹3,550.00

Today

₹3,306.00₹3,550.00
Avg volume (3M)
22.8 L
1-year return
plus 80.5%
From 52-week high
minus 0.6%

Analyst consensus

16 analysts
Strong buyMean target ₹3,547.81 plus 0.6%

Target range, with today’s price

Low ₹2,825.00High ₹4,055.00

Next results expected around 21 Jan 2027

Consensus from Yahoo Finance. Not a recommendation.

Peers · Financial Data & Stock Exchanges

Compare with peersScreen the whole industry
Company
NSENational Stock Exchange of Ind1,908.35plus 0.74%4,72,31743.111.0330.2%26.7%78.3%––0.00%plus 5.0%
BSEBSE3,800.00plus 0.26%1,54,32950.816.9540.9%38.7%65.7%76.5%124.5%0.26%plus 51.8%
MCXMulti Commodity Exchange of India3,528.00plus 4.81%89,79360.918.0539.0%44.4%74.2%67.8%107.5%0.23%plus 80.5%
CRISILCRISIL4,395.40minus 0.75%32,14435.99.8331.0%27.4%30.5%9.6%10.7%1.55%minus 7.3%
NSDLNational Securities Depository764.15minus 1.25%15,28338.26.0921.2%17.1%25.4%14.4%17.4%0.52%minus 29.9%
CARERATINGCARE Ratings1,564.20minus 1.50%4,71624.54.7024.1%20.7%42.5%19.2%27.0%1.28%minus 1.1%
ICRAICRA4,431.40minus 1.57%4,26721.43.5820.5%17.5%35.4%14.3%10.3%1.58%minus 30.4%
Median of 6 peers–−1.00%23,71337.07.9627.2%23.7%38.9%14.4%17.4%0.90%−4.2%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26Sep 26
373–666889702800
132–170223208188
242–495666494611
64.8%–74.4%74.9%70.4%76.4%
32.1–30355050.9
0.1–00.20.20.4
17.3–21.919.120.722.5
256–503682523639
20.8%–20.3%22.3%21.0%28.9%
203–401530413455
–7.743.1520.7816.2117.83

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+67.8%
Profit CAGR 3Y
+107.5%
EPS CAGR 3Y
+107.4%
ROE
44.4%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
4485849942,118
–+30.3%+70.4%+112.9%
292515320463
15568.86741,655
34.7%11.8%67.8%78.1%
26.855.167.483
0.20.30.50.4
21.635.963.878
30.114.42231.2
1911026991,690
21.8%18.5%19.9%21.2%
14983.15601,332
–minus 44.2%+573.9%+137.8%
5.853.2621.9652.22

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
51515151
1,4281,3271,8332,797
1.61.714.8
1,5422,0292,4404,648
3,0233,4094,3257,501
186193231265
54.17.96.628
8081,0861,0072,142
8077521,6793,236
1,1681,3701,4011,830
3,0233,4094,3257,501

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1414429503,035
−8.1−346−751−2,399
−89.5−98.2−40.2−154
43.9−1.6159481
−71.3−143−95.9−72.3
70.22998542,962
−88.7−97.4−39−153

Shareholding pattern

Source: NSE filings
0.0%
promoters
  • Public99.74%
  • Employee trusts0.26%
  • As of 31 Dec 2018
QuarterSplitPromotersPublicPromoter change
31 Dec 20180.00%99.74%0.00
30 Sep 20180.00%99.74%0.00
30 Jun 20180.00%99.74%0.00
31 Mar 20180.00%99.74%0.00
30 Jun 20170.00%99.72%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you