MCX
Multi Commodity Exchange of India Limited (MCX) Stock Analysis
Multi Commodity Exchange of India Limited operates India's leading commodity derivatives exchange for metals, energy, and agri contracts. It earns transaction and membership fees from brokers and participants. Volumes track commodity volatility and hedging demand. It is listed on Indian stock exchanges.
Financial Services › Financial Data & Stock Exchanges
₹3,265.20
-1.05% 1W | +100.70% 52W
Market Cap
83.1k CR
P/E Ratio
54.1
52W High
₹3480
52W Low
₹1545.1
Div. Yield
0.25%
Beta
0.7
50 DMA
₹2986.1
200 DMA
₹2710.5
Profit Margin
55.6%
Inst. Own.
55%
📉 CONSOLIDATING DOWN
📉 CONSOLIDATING DOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 146 | 165 | 192 | 181 | 234 | 286 | 301 | 291 | 373 | 374 | 666 | 889 | 702 |
| Expenses | 136 | 195 | 212 | 79 | 102 | 106 | 108 | 131 | 132 | 132 | 172 | 224 | 208 |
| Operating Profit | 9 | -30 | -21 | 102 | 133 | 179 | 193 | 160 | 241 | 242 | 494 | 665 | 494 |
| OPM % | 6% | -18% | -11% | 56% | 57% | 63% | 64% | 55% | 65% | 65% | 74% | 75% | 70% |
| Other Income | 20 | 19 | 18 | 20 | 19 | 26 | 24 | 30 | 33 | 27 | 31 | 36 | 50 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 4 | 7 | 11 | 14 | 13 | 14 | 15 | 22 | 17 | 20 | 22 | 19 | 21 |
| Profit before tax | 25 | -17 | -14 | 108 | 138 | 191 | 202 | 168 | 256 | 249 | 503 | 682 | 523 |
| Tax % | 23% | 9% | -63% | 19% | 20% | 20% | 21% | 20% | 21% | 21% | 20% | 22% | 21% |
| Net Profit | 20 | -19 | -5 | 88 | 111 | 154 | 160 | 135 | 203 | 197 | 401 | 530 | 413 |
| EPS in Rs | 0.77 | -0.75 | -0.21 | 3.45 | 4.35 | 6.02 | 6.28 | 5.31 | 7.97 | 7.74 | 15.73 | 20.78 | 16.21 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 222 | 235 | 259 | 260 | 300 | 398 | 391 | 367 | 514 | 684 | 1,113 | 2,302 | 2,631 |
| Expenses | 135 | 160 | 180 | 184 | 206 | 219 | 205 | 206 | 369 | 621 | 447 | 660 | 736 |
| Operating Profit | 88 | 75 | 80 | 76 | 94 | 178 | 185 | 161 | 145 | 63 | 665 | 1,642 | 1,894 |
| OPM % | 39% | 32% | 31% | 29% | 31% | 45% | 47% | 44% | 28% | 9% | 60% | 71% | 72% |
| Other Income | 110 | 111 | 117 | 88 | 75 | 105 | 104 | 46 | 68 | 75 | 98 | 127 | 144 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 26 | 25 | 19 | 17 | 15 | 18 | 22 | 23 | 22 | 36 | 64 | 78 | 81 |
| Profit before tax | 170 | 162 | 178 | 147 | 154 | 265 | 267 | 184 | 191 | 102 | 699 | 1,690 | 1,957 |
| Tax % | 26% | 29% | 29% | 26% | 5% | 11% | 16% | 22% | 22% | 18% | 20% | 21% | |
| Net Profit | 126 | 115 | 127 | 108 | 146 | 236 | 225 | 143 | 149 | 83 | 560 | 1,332 | 1,542 |
| EPS in Rs | 4.93 | 4.50 | 4.96 | 4.25 | 5.73 | 9.27 | 8.83 | 5.63 | 5.84 | 3.26 | 21.96 | 52.22 | 60.46 |
| Dividend Payout % | 41% | 29% | 60% | 80% | 70% | 65% | 62% | 62% | 65% | 47% | 27% | 15% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 65.0% | 43.0% | 26.0% |
| Profit CAGR | 108.0% | 49.0% | 31.0% |
Shareholding Pattern
FIIs21.69%
DIIs59.09%
Public19.03%
FIIs19.00%
DIIs60.50%
Public20.31%
FIIs20.64%
DIIs59.16%
Public20.03%
FIIs26.07%
DIIs54.35%
Public19.38%
FIIs29.85%
DIIs50.80%
Public19.15%
FIIs26.95%
DIIs52.70%
Public20.16%
FIIs23.22%
DIIs56.86%
Public19.73%
FIIs21.80%
DIIs58.10%
Public19.90%
FIIs26.07%
DIIs54.35%
Public19.38%
FIIs29.85%
DIIs50.80%
Public19.15%
MCX
Holdings Analysis
Key strengths & risk signals
77
Overall
88
Fundamental
66
Technical
Risks (3)
NEGLIGIBLE DIVIDEND! 0.3% yield - little to no income.
RECOVERY MODE! Current price (2638.0) above 200-day but below 50-day.
NEGATIVE MOMENTUM! Price declined across timeframes - down 2.0% (1 week), 3.8% (1 month), 14.8% (3 months).
Strengths (4)
EXCELLENT EFFICIENCY! 55.6% profit margin - company keeps strong profits.
BULLISH TREND! 50-day average (2800.0) is above 200-day average (2537.7) - positive signal.
EXCELLENT YEAR! Stock gained 67.4% in the last year.
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
Fundamental & Technical Analysis
77Overall
88Fundamental
66Technical
Fundamental Breakdown
Growth Quality
30/30
Revenue CAGR: 43.0% (EXCELLENT, 15/15). Profit CAGR: 49.0% (EXCELLENT, 15/15).
Profit Margin
10/10
EXCELLENT EFFICIENCY! 55.6% profit margin - company keeps strong profits.
PEG Valuation
9/10
FAIRLY VALUED! PEG of 1.03 indicates reasonable valuation.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.3% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
16/20
LESS PUBLIC HOLDING! 19.91% public ownership - good institutional/promoter control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (2800.0) is above 200-day average (2537.7) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (2638.0) above 200-day but below 50-day.
Trend Pattern
10/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
10/10
EXCELLENT YEAR! Stock gained 67.4% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 2,673,614 vs down days: 2,619,019. Ratio: 1.02x
RSI
3/5
NEUTRAL! RSI at 40.5 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 58.3% of 52W range - neutral zone.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 2.0% (1 week), 3.8% (1 month), 14.8% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
Peer Comparison
Financial Services · Financial Data & Stock Exchanges · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MCX | ₹3,265.20 | 54.1 | 55.6% | 67.9% | 107.5% | +100.7% | 77 | CONSOLIDATING DOWN | +103.4% | -22.0% | +88.1% | -21.0% |
| BSE | ₹3,259.00 | 47.4 | 48.9% | 76.5% | 124.5% | +47.4% | 72 | BREAKDOWN | +62.0% | +9.6% | +63.5% | +0.2% |
| CRISIL | ₹4,560.00 | 37.7 | 21.4% | 9.6% | 10.7% | -8.5% | 74 | BREAKDOWN | +26.2% | -7.2% | +27.6% | +1.7% |
| CARERATING | ₹1,643.70 | 27.9 | 36.2% | 19.2% | 27.0% | +2.7% | 70 | APPROACHING SUPPORT | +25.2% | -38.8% | +19.0% | -14.5% |
| ICRA | ₹5,093.30 | 25.1 | 30.6% | 14.3% | 10.3% | -16.7% | 69 | APPROACHING RESISTANCE | +32.5% | +7.0% | +31.2% | -6.6% |
| FEDERALBNK | ₹332.80 | 17.9 | 30.7% | 16.6% | 11.1% | +72.3% | 67 | APPROACHING RESISTANCE | +36.8% | -6.3% | +16.7% | -6.9% |
| RECLTD | ₹310.50 | 5.1 | 68.9% | 14.4% | 13.5% | -18.7% | 65 | BREAKDOWN | -6.1% | +24.2% | -14.8% | -17.4% |
| POLICYBZR | ₹1,765.00 | 109.8 | 10.2% | 38.5% | – | +2.1% | 60 | CONSOLIDATING UP | +92.6% | -37.6% | +40.1% | -8.4% |
Data from TradeAlone · Updated daily
