Multi Commodity Exchange of India Ltd Stock Price Today (NSE: MCX)

Multi Commodity Exchange of India Ltd

2878.7011.80 (0.41%)
Market Open

Fundamental Score

...

Multi Commodity Exchange of India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Multi Commodity Exchange of India Ltd share price today is 2878.70, down 0.41% on NSE/BSE as of 18 June 2026. Multi Commodity Exchange of India Ltd (MCX) is a Large-cap company in the Exchange and Data Platform sector with a market capitalisation of 52.05K (Cr). The 52-week high for MCX share price is N/A and the 52-week low is 2125.50. At a P/E ratio of 74.76x, MCX is currently trading above its industry average P/E of 65.39x. The company has a Return on Equity (ROE) of 34.33% and a debt-to-equity ratio of 0.00.

Multi Commodity Exchange of India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
3480.00
Low
2773.80
Volume
27.7L
Change
+11.60%

Multi Commodity Exchange of India Ltd share price chart: 11.60% return over the past month. 52-week high ₹N/A, 52-week low ₹2125.50.

Multi Commodity Exchange of India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
2890.002905.702823.802878.7046.11L (Cr)
2967.002987.502875.702890.5034.92L (Cr)
3169.803177.002906.202954.50176.56L (Cr)
3158.503158.503158.503158.500.00 (Cr)
3312.003322.703150.803158.5029.93L (Cr)
3329.003347.003290.003307.3019.55L (Cr)
3300.003345.003240.003313.9024.01L (Cr)
3333.303357.303257.303269.9027.11L (Cr)
3470.003480.003308.003322.8034.60L (Cr)
3398.603451.903369.203441.7022.57L (Cr)

Multi Commodity Exchange of India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
2967.002987.502823.802878.70-2.98%
2971.503480.002867.002954.50-0.57%
2449.900.000.002971.50+21.29%
2427.002702.702260.002389.40-1.55%
2212.702557.002125.502443.30+10.42%
2232.002705.002174.002528.00+13.26%
10200.0011219.002162.402227.20-78.16%
9288.0010471.508810.5010073.50+8.46%
7811.509617.007756.509243.50+18.33%
7444.008125.507438.007796.00+4.73%
7694.008439.507304.007390.00-3.95%
8976.509115.007614.007664.00-14.62%

AI Research Briefing

Powered by Gemini · 2026-04-10

MCX is a high-growth play on commodity derivatives, but rich valuation and regulatory risks warrant caution.

Research Confidence
6.0/10Moderate
COMPOUNDERConsolidationExpensive - P/E of 74.76x vs industry P/E of 65.39x

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. Last major news was Q3 FY26 results in January 2026.

CORE STORY (THE REAL GAME)

Why Now
  • Options ADT growth is strong
  • Bullion segment dominance
  • Debt-free status
Potential Catalysts
  • SEBI approvals for new products
  • Increased trading volumes in crude oil
  • Resolution of geopolitical tensions
Key Risks
  • High valuation
  • Regulatory risk (SEBI intervention)
  • Commodity price volatility
Institutional Activity

FII decreased holdings by 2.69%, while DII increased holdings by 1.41%.

Macro Context

Global geopolitical instability and aggressive central bank accumulation are tailwinds for bullion trading.

Cash Flow Quality

Yes, Free Cash Flow 5Y: ₹1327.3 Cr

3–6 Month Outlook

MCX's future hinges on sustaining options ADT growth and maintaining its market share. New product launches and expansion into electricity derivatives will be key.

Primary Thesis Risk

A sharp correction in commodity prices or regulatory intervention could derail the growth story.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

34.33%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

42.86%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

39.74%

Average operating profit margin over 5 years

Dividend Yield

0.29%

Annual dividend as % of current share price

Multi Commodity Exchange of India Ltd Valuation Check

Poor

Price to Earnings (P/E)

74.76x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

65.39x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Poor

Promoter Holding

0.00%

% shares held by company founders/management

Good

FII Holding

19.00%

% shares held by foreign institutional investors

Excellent

DII Holding

60.50%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

28.54%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

31.04%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

22.84%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

25.43%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

25.43%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

2085.40x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

1.33K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Multi Commodity Exchange of India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MCX across key market metrics for learning purposes.

Positive Indicators

13 factors identified

Strong Return on Equity (34.33%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (42.86%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (39.74%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (28.54%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (31.04%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (22.84% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (25.43% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (25.43% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (2085.40x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹1327.30 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Strong Institutional Confidence (FII+DII: 79.50%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Premium Valuation Risk (P/E: 74.76x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Low Promoter Commitment (0.00%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

Multi Commodity Exchange of India Ltd vs Exchange and Data Platform Peers

Peer Comparison - Exchange and Data Platform

Compare Multi Commodity Exchange of India Ltd with 2 other companies in the same sector

3 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
66/100
2879
₹52048.15
74.8
Average
34.33%
Excellent
42.86%
Excellent
0.0
Excellent
25.43%
Excellent
22.84%
Excellent
0.29%
64/100
4248
₹117570.95
65.4
Average
36.04%
Excellent
46.57%
Excellent
0.0
Excellent
65.43%
Excellent
39.45%
Excellent
0.21%
64.9/100
125
₹13075.50
29.1
Average
40.53%
Excellent
53.61%
Excellent
0.0
Excellent
19.79%
Excellent
15.81%
Excellent
2.04%

Multi Commodity Exchange of India Ltd PE Ratio History

Historical price-to-earnings ratio for MCX — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 2025109.82₹2227.2020.3x
FY 202416.30₹6250.00383.4x
FY 202329.27₹3193.00109.1x
FY 202228.18₹1553.0055.1x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Multi Commodity Exchange of India Ltd Dividend History

Annual cash dividends paid by MCX — dividend yield 0.29%

Financial YearDividends Paid (₹ Cr)
FY 202538.96 Cr
FY 202497.36 Cr
FY 202388.74 Cr
FY 2022140.76 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Multi Commodity Exchange of India Ltd Quarterly Performance

Latest quarterly metrics for MCX — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

31.04%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

28.54%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

22.84%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

25.43%

Compounded annual net profit growth over 5 years

Multi Commodity Exchange of India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MCX — calculated from daily price history

56RSI 14
Neutral — RSI 56

Momentum is balanced — neither overbought nor oversold.

SMA 50
NaN
▼ Price below SMA 50 — Short-term bearish
SMA 200
NaN
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
2750K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Multi Commodity Exchange of India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Multi Commodity Exchange of India Ltd (MCX) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Multi Commodity Exchange of India Ltd

About MCX (Multi Commodity Exchange of India Ltd)

Multi Commodity Exchange of India Ltd is the nation's premier exchange for commodity derivatives, a vital arena where the forces of supply and demand converge to determine the futu...re value of essential raw materials. It serves as the definitive marketplace for managing price risk and discovering value across a broad spectrum of commodities. From the glitter of gold and silver in the bullion sector to the industrial backbone of base metals like copper and aluminum, the energy sector's crude oil and natural gas, and the fertile fields of agricultural commodities, MCX offers a robust and diversified trading environment. This dynamic ecosystem fosters transparency and efficiency, empowering market participants with the tools and information necessary to navigate the complex world of commodity markets. MCX goes beyond simply providing a trading platform; it is also the source of iCOMDEX, a suite of real-time commodity futures price indices that act as the benchmark for the Indian commodity market. These indices offer invaluable insights into market trends and sentiment, enabling informed decision-making and risk management strategies. Furthermore, MCX strengthens market integrity with its sophisticated clearing and settlement services, ensuring that all trades are completed securely and efficiently. It also provides comprehensive data feed subscriptions, delivering vital market information directly to traders and analysts, giving them a crucial edge in the fast-paced world of commodity trading. Beyond its core trading functions, MCX actively cultivates strategic partnerships and collaborations with exchanges and institutions worldwide, fostering knowledge sharing and industry best practices. It also extends its expertise through consultancy services, guiding businesses in navigating the intricacies of commodity risk management. This multi-faceted approach positions MCX as not just a trading venue, but also as a key driver of commodity market development and a crucial pillar of the Indian financial landscape.

Company Details

Symbol:MCX
Industry:Exchange and Data Platform
Sector:Exchange and Data Platform

Key Leadership

Ms. Praveena Rai
MD, CEO & Director
Mr. Chandresh Shah
Chief Financial Officer
Mr. Sunil Gianchand Batra
Chief Technology Officer

MCX Share Price: Frequently Asked Questions

What is the current share price of Multi Commodity Exchange of India Ltd?

Multi Commodity Exchange of India Ltd (MCX) trades at ₹2878.70 on NSE and BSE. Market cap ₹52.05K (Cr). Educational data only.

What is the P/E ratio of Multi Commodity Exchange of India Ltd?

Multi Commodity Exchange of India Ltd has a P/E of 74.76x vs industry average 65.39x.

What is the Bull Run score for Multi Commodity Exchange of India Ltd?

Multi Commodity Exchange of India Ltd has a Bull Run score of 66/100 based on 25+ financial parameters.

Does Multi Commodity Exchange of India Ltd pay dividends?

Multi Commodity Exchange of India Ltd has a dividend yield of 0.29%. Past dividends don't guarantee future payments.

What is the ROE of Multi Commodity Exchange of India Ltd?

Multi Commodity Exchange of India Ltd has ROE of 34.33%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Multi Commodity Exchange of India Ltd?

Multi Commodity Exchange of India Ltd has debt-to-equity of 0.00.

Is Multi Commodity Exchange of India Ltd a good investment?

Bull Run gives Multi Commodity Exchange of India Ltd a score of 66/100. This is not investment advice — consult a SEBI-registered advisor.