Multi Commodity Exchange of India Share Price Today (MCX)
TODAY IN ONE LINE
MCX fell 2.7% on light volume, lagging Nifty's -0.0% move, supported by recent strong earnings.
With a market cap of ₹71,803.15 Cr., it trades at a P/E of 55.52. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
Multi Commodity Exchange of India flags
Key strengths and potential risks.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 291.2% YoY
- ●Quarterly OutperformanceLatest quarter Sales up 205.0% and Profit up 291.0%
- ●High Capital EfficiencyROCE of 71.4% indicating pricing power
- ●Strong Return on EquityHealthy ROE of 56.3%
- ●Healthy Operating MarginsOPM is structurally strong at 71.3%
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Expensive ValuationTrading at a high P/E ratio of 56.7x
- ●FII SellingFII holding decreased by 2.69% QoQ
What changed recently?
Recent events, corporate actions, and announcements.
Multi Commodity Exchange of India Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Multi Commodity Exchange of India Limited, framed against the sector median so the premium or discount is obvious at a glance.
Multi Commodity Exchange of India Limited trades at a P/E of 55.52× and P/B of 25.96×, against the Financial Services sector median P/E of 22.77×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
Multi Commodity Exchange of India Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Multi Commodity Exchange of India Limited — derived from the live tape, not yesterday's close.
Multi Commodity Exchange of India Limited last traded at ₹2,815.5 with an intraday range of ₹2,810–₹2,903.2 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹2815.50| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 3062.20 | +246.70 | +8.76% |
| R3 | 2969.00 | +153.50 | +5.45% |
| R2 | 2936.10 | +120.60 | +4.28% |
| R1 | 2875.80 | +60.30 | +2.14% |
| PIVOT | 2842.90 | 27.40 | 0.97% |
| CURRENT | 2815.50 | — | — |
| S1 | 2782.60 | -32.90 | -1.17% |
| S2 | 2749.70 | -65.80 | -2.34% |
| S3 | 2689.40 | -126.10 | -4.48% |
| S4 | 2596.20 | -219.30 | -7.79% |
MCX is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹2850–₹2903.2
Trading Below opening range, showing Bearishness
Multi Commodity Exchange of India Limited financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for Multi Commodity Exchange of India Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.
Multi Commodity Exchange of India Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹71,803.15 Cr. and reported EPS of ₹52.10.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 1,113 | 2,302 ▲ 106.9% |
| Sales Growth YoY %Derived | 62.78% | 106.89% |
| Other Income | 96 | 127 ▲ 32.1% |
| Total Income | 1,209 | 2,429 ▲ 100.9% |
| 162 | 213 ▲ 31.2% | |
| Gross ProfitDerived | 951 | 2,089 ▲ 119.8% |
| Gross Margin %Derived | 85.43% | 90.76% |
| 283 | 448 ▲ 58.1% | |
| EBITDA (Operating Profit)Derived | 667 | 1,642 ▲ 146.0% |
| OPM %Derived | 59.98% | 71.32% |
| 64 | 78 ▲ 22.1% | |
| Profit Before Tax (PBT) | 699 | 1,690 ▲ 141.7% |
| 139 | 359 ▲ 157.4% | |
| Effective Tax %Derived | 19.93% | 21.23% |
| Total Profit for Period | 560 | 1,332 ▲ 137.8% |
| Net Profit (Owner's PAT)Derived | 560 | 1,332 ▲ 137.8% |
| Net Profit Margin %Derived | 50.33% | 57.84% |
| PAT Growth YoY %Derived | 573.85% | 137.76% |
| Earnings Per Share (EPS ₹) | 21.96 | 52.22 ▲ 137.8% |
| Diluted Shares Outstanding (Cr) | 25 | 25 ▲ 0.0% |
| Share of Profit from Associates/JVs | — | — |
| Other Comprehensive Income (Net of Tax) | 2 | 17 ▲ 677.6% |
| Total Expenses (incl. D&A & Interest) | 509 | 739 ▲ 45.0% |
| Material Cost % of RevenueDerived | 14.57% | 9.24% |
| Employee Cost % of RevenueDerived | 12.96% | 7.82% |
| Other Cost % of RevenueDerived | 12.48% | 11.62% |
| Interest Coverage (x)Derived | 1,341.44x | 4,343.44x |
| Period | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 300 | 374 ▲ 24.7% | 391 ▲ 4.4% | 367 ▼ 6.1% | 514 ▲ 40.0% | 684 ▲ 33.1% | 1,113 ▲ 62.8% | 2,302 ▲ 106.9% | |
| Sales Growth YoY %Derived | — | 24.70% | 4.39% | -6.08% | 39.99% | 33.11% | 62.78% | 106.89% | |
| Other Income | 99 | 129 ▲ 30.8% | 104 ▼ 19.5% | 67 ▼ 35.9% | 68 ▲ 1.7% | 75 ▲ 11.4% | 96 ▲ 27.6% | 127 ▲ 32.1% | |
| Total Income | 399 | 503 ▲ 26.2% | 494 ▼ 1.7% | 433 ▼ 12.3% | 581 ▲ 34.1% | 759 ▲ 30.6% | 1,209 ▲ 59.3% | 2,429 ▲ 100.9% | |
— | — | — | — | — | — | 162 | 213 ▲ 31.2% | ||
| Gross ProfitDerived | 300 | 374 ▲ 24.7% | 391 ▲ 4.4% | 367 ▼ 6.1% | 514 ▲ 40.0% | 684 ▲ 33.1% | 951 ▲ 39.1% | 2,089 ▲ 119.8% | |
| Gross Margin %Derived | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 85.43% | 90.76% | |
206 | 219 ▲ 6.5% | 205 ▼ 6.4% | 205 ▼ 0.4% | 364 ▲ 77.8% | 619 ▲ 70.2% | 283 ▼ 54.3% | 448 ▲ 58.1% | ||
| EBITDA (Operating Profit)Derived | 94 | 155 ▲ 64.6% | 185 ▲ 19.7% | 162 ▼ 12.4% | 150 ▼ 7.7% | 64 ▼ 57.0% | 667 ▲ 937.8% | 1,642 ▲ 146.0% | |
| OPM %Derived | 31.32% | 41.34% | 47.40% | 44.21% | 29.15% | 9.41% | 59.98% | 71.32% | |
-8 | 18 ▲ 319.4% | 22 ▲ 21.6% | 3 ▼ 88.7% | 22 ▲ 768.5% | 36 ▲ 66.1% | 64 ▲ 77.3% | 78 ▲ 22.1% | ||
| Profit Before Tax (PBT) | 153 | 265 ▲ 73.1% | 267 ▲ 0.5% | 185 ▼ 30.5% | 196 ▲ 5.5% | 104 ▼ 47.1% | 699 ▲ 575.7% | 1,690 ▲ 141.7% | |
7 | 29 ▲ 287.5% | 42 ▲ 43.9% | 41 ▼ 2.3% | 42 ▲ 2.5% | 19 ▼ 54.6% | 139 ▲ 638.5% | 359 ▲ 157.4% | ||
| Effective Tax %Derived | 4.86% | 10.88% | 15.57% | 21.90% | 21.27% | 18.23% | 19.93% | 21.23% | |
| Total Profit for Period | 146 | 237 ▲ 61.7% | 225 ▼ 4.8% | 143 ▼ 36.3% | 149 ▲ 3.8% | 83 ▼ 44.2% | 560 ▲ 573.9% | 1,332 ▲ 137.8% | |
| Net Profit (Owner's PAT)Derived | 146 | 237 ▲ 61.7% | 225 ▼ 4.8% | 143 ▼ 36.3% | 149 ▲ 3.8% | 83 ▼ 44.2% | 560 ▲ 573.9% | 1,332 ▲ 137.8% | |
| Net Profit Margin %Derived | 48.74% | 63.21% | 57.67% | 39.11% | 29.01% | 12.16% | 50.33% | 57.84% | |
| PAT Growth YoY %Derived | — | 61.72% | -4.77% | -36.31% | 3.85% | -44.21% | 573.85% | 137.76% | |
| Earnings Per Share (EPS ₹) | 5.74 | 9.27 ▲ 61.5% | 8.83 ▼ 4.7% | 5.63 ▼ 36.2% | 5.84 ▲ 3.7% | 3.26 ▼ 44.2% | 21.96 ▲ 573.6% | 52.22 ▲ 137.8% | |
| Diluted Shares Outstanding (Cr) | 25 | 25 ▲ 0.0% | 25 ▲ 0.0% | 25 ▲ 0.0% | 25 ▲ 0.0% | 25 ▲ 0.0% | 25 ▲ 0.0% | 25 ▲ 0.0% | |
| Share of Profit from Associates/JVs | 0 | 0 ▼ 90.7% | 0 ▲ 125.0% | -1 ▼ 1511.1% | -5 ▼ 292.1% | -2 ▲ 69.5% | — ▲ 100.0% | — | |
| Other Comprehensive Income (Net of Tax) | -2 | -2 ▼ 16.4% | -1 ▲ 52.8% | -3 ▼ 201.1% | 1 ▲ 133.9% | -2 ▼ 257.3% | 2 ▲ 247.7% | 17 ▲ 677.6% | |
| Total Expenses (incl. D&A & Interest) | 245 | 238 ▼ 3.1% | 228 ▼ 4.2% | 248 ▲ 8.9% | 386 ▲ 55.5% | 655 ▲ 70.0% | 509 ▼ 22.3% | 739 ▲ 45.0% | |
| Material Cost % of RevenueDerived | — | — | — | — | — | — | 14.57% | 9.24% | |
| Employee Cost % of RevenueDerived | 24.15% | 20.67% | 19.24% | 21.81% | 17.90% | 16.43% | 12.96% | 7.82% | |
| Other Cost % of RevenueDerived | 44.53% | 37.99% | 33.35% | 33.98% | 52.95% | 74.16% | 12.48% | 11.62% | |
| Interest Coverage (x)Derived | 7,851.00x | 853.31x | 858.26x | 581.17x | 610.00x | 105.11x | 1,341.44x | 4,343.44x |
Multi Commodity Exchange of India segment analysis : revenue and profit mix.
Disclosed business segments at Multi Commodity Exchange of India with their share of revenue and profit, switchable between consolidated and standalone reporting.
Multi Commodity Exchange of India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Multi Commodity Exchange of India Limited.
Our AI distills the core fundamental drivers supporting Multi Commodity Exchange of India Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
Multi Commodity Exchange of India Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
TTM EPS grew 291.2% YoY, demonstrating exceptional earnings momentum and profitability acceleration.
Operating margin 68.14% reflects exceptional cost efficiency and strong pricing power in commodities trading.
ROE 56.30% and ROCE 71.40% indicate superior capital utilization and returns on invested capital.
Virtually debt-free balance sheet with debt-to-equity 0.0000 provides substantial financial flexibility.
TTM revenue grew 200% YoY, signaling robust business acceleration and market demand strength.
Key Risks.
P/E ratio 56.74x suggests significant overvaluation relative to current earnings multiples.
Price-to-book 16.85x indicates premium valuation with limited margin of safety for investors.
Dividend yield 0.22% offers minimal income return, limiting appeal for yield-focused investors.
Stock price flat at 0% 52-week return signals stagnant price momentum despite earnings surge.
Beta 1.46 indicates above-market volatility, exposing investors to elevated price uncertainty.
Flip Conditions.
Valuation risk. a P/E above 72 (~3.2× the sector multiple of 22.8) would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Return-quality risk. ROE below 51% would indicate weaker capital compounding.
Income thesis breaks if the dividend is cut or yield falls below 0.11%.
Multi Commodity Exchange of India Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Multi Commodity Exchange of India Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
Multi Commodity Exchange of India Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Multi Commodity Exchange of India Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
- 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
- 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
- 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
- 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
- 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Pattern history — every completed pattern and its outcome
Multi Commodity Exchange of India Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Multi Commodity Exchange of India Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Multi Commodity Exchange of India Limited stood at 50.9% of traded volume, against a 20-day average of 46.0%.
Multi Commodity Exchange of India announcements: results, concalls, ratings, M&A.
Filings Multi Commodity Exchange of India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Multi Commodity Exchange of India files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 99 documents below.
Company Update
Mr. Sanjay Rajpal (DIN: 00562023) has assumed office with effect from today i.e. June 30, 2026, as Executive Director (Critical Operations).
Company Update
Transcript of the Earnings Conference Call with investor(s)/analyst(s)- on Q4 FY - 2026 results
Company Update
Investor Presentation for quarter and year ended March 31, 2026.
Company Update
Intimation on publication of financial results in the newspaper.
Investor decks & rating reports.
Multi Commodity Exchange of India dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Multi Commodity Exchange of India has declared, sequenced by announce and record date.
Multi Commodity Exchange of India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Multi Commodity Exchange of India Limited: business, sector, key facts.
What Multi Commodity Exchange of India Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Multi Commodity Exchange of India Limited operates in the Exchange and Data Platform industry under the Financial Services sector, listed as NSE: MCX, BSE: 534091.
Multi Commodity Exchange of India Limited (MCX) is a prominent commodity derivatives exchange operating in India. Its core business revolves around providing a technologically advanced online platform for trading commodity derivatives contracts. This platform enables market participants, including businesses, investors, and speculators, to buy and sell contracts on various commodities, thereby managing price risk and speculating on future price movements. The exchange's role is crucial in promoting price discovery and facilitating efficient price determination in the commodities markets.
MCX offers a diverse range of commodity derivatives contracts covering several key sectors. These include bullion (gold and silver), industrial metals (like copper, aluminum, and zinc), energy products (crude oil and natural gas), and agricultural commodities (depending on availability and market demand). This broad spectrum allows for a wide array of trading opportunities and caters to the hedging and speculation needs of a diverse clientele across various industries.
Beyond the trading platform, MCX provides essential ancillary services that are integral to the smooth functioning of the commodities market. Crucially, it offers trade clearing and settlement services, ensuring the integrity and efficiency of transactions. This involves guaranteeing the fulfillment of contractual obligations and managing counterparty risk, thereby maintaining the confidence and stability of the exchange. MCX also offers data feed subscriptions providing real-time market information and price data, enabling informed decision-making by its clients.
A key aspect of MCX’s business strategy is its extensive network of strategic alliances and collaborations with leading global commodity exchanges. These partnerships with organizations such as the CME Group, London Metal Exchange, and several Asian exchanges allow for knowledge sharing, technological advancements, and access to global best practices. This international collaboration enhances MCX's operational efficiency and elevates its global standing within the commodities trading ecosystem. Furthermore, the consultancy and collaboration agreements allow MCX to leverage its expertise and contribute to the development of commodity markets internationally.
In summary, MCX operates as a multifaceted commodity exchange, offering online trading platforms, crucial clearing and settlement services, and valuable market data. Its extensive international collaborations contribute to its robustness and its role in facilitating efficient and transparent trading of commodity derivatives in India and fostering greater integration within the global commodities market. The company plays a pivotal role in managing price risk for businesses and providing opportunities for investment and speculation in the commodities sector.
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Questions investors ask about Multi Commodity Exchange of India Limited (MCX).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Multi Commodity Exchange of India Limited (MCX)?
The current share price of Multi Commodity Exchange of India Limited (MCX) is ₹2,815.5. Today, the stock has declined by ₹77.10 (2.67%), trading in a range of ₹2,810 to ₹2,903.2. The stock opened at ₹2,898 with a trading volume of 14,30,775 shares.
02Is Multi Commodity Exchange of India Limited stock a good investment for long-term?
Multi Commodity Exchange of India Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹71,803.15 crores, P/E ratio of 55.52, ROE of 56.30%, and ROCE of 71.40%. The dividend yield stands at 0.22%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Multi Commodity Exchange of India Limited stock?
The 52-week high price of Multi Commodity Exchange of India Limited (MCX) is ₹11,219, while the 52-week low is ₹2,068.5. Currently trading at ₹2,815.5, the stock is 8.2% away from its 52-week low and 74.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Multi Commodity Exchange of India Limited stock at the current price?
Whether to buy Multi Commodity Exchange of India Limited stock at ₹2,815.5 depends on multiple factors. The stock is currently trading with a P/E ratio of 55.52 and P/B ratio of 25.96. Today's performance shows a loss of 2.67%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Multi Commodity Exchange of India Limited and when is the next dividend?
Multi Commodity Exchange of India Limited offers a dividend yield of 0.22%, which means for every ₹100 invested at the current price of ₹2,815.5, you can expect to receive approximately ₹0.22 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Multi Commodity Exchange of India Limited?
Multi Commodity Exchange of India Limited's key financial metrics include: P/E Ratio: 55.52, P/B Ratio: 25.96, ROE: 56.30%, ROCE: 71.40%, Dividend Yield: 0.22%, EPS: ₹52.10, Book Value: ₹165.34, and Debt-to-Equity: 0.00. The company's market cap stands at ₹71,803.15 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Multi Commodity Exchange of India Limited stock performing today in the market?
Multi Commodity Exchange of India Limited stock opened at ₹2,898 and is currently trading at ₹2,815.5, showing a decline of ₹77.10 (2.67%). The intraday high is ₹2,903.2 and low is ₹2,810. The trading volume stands at 14,30,775 shares, indicating strong market participation today.
08What is the P/E ratio of Multi Commodity Exchange of India Limited and what does it indicate?
Multi Commodity Exchange of India Limited has a Price-to-Earnings (P/E) ratio of 55.52, which means investors are willing to pay ₹55.52 for every ₹1 of earnings. With an EPS of ₹52.10, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Multi Commodity Exchange of India Limited (MCX) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.