Price
Financials
Consolidated, Rs crore| 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 | 165 | 192 | 181 | 234 | 286 | 301 | 291 | 373 | 374 | 666 | 889 | 702 |
| Expenses | 195 | 212 | 79 | 102 | 106 | 108 | 131 | 132 | 132 | 172 | 224 | 208 |
| Operating Profit | -30 | -21 | 102 | 133 | 179 | 193 | 160 | 241 | 242 | 494 | 665 | 494 |
| OPM % | -18% | -11% | 56% | 57% | 63% | 64% | 55% | 65% | 65% | 74% | 75% | 70% |
| Other Income | 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 |
| Depreciation | 7 | 11 | 14 | 13 | 14 | 15 | 22 | 17 | 20 | 22 | 19 | 21 |
| Profit before tax | -17 | -14 | 108 | 138 | 191 | 202 | 168 | 256 | 249 | 503 | 682 | 523 |
| Tax % | 9% | -63% | 19% | 20% | 20% | 21% | 20% | 21% | 21% | 20% | 22% | 21% |
| Net Profit | -19 | -5 | 88 | 111 | 154 | 160 | 135 | 203 | 197 | 401 | 530 | 413 |
| EPS in Rs | -0.75 | -0.21 | 3.45 | 4.35 | 6.02 | 6.28 | 5.31 | 7.97 | 7.74 | 15.73 | 20.78 | 16.21 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 235 | 259 | 260 | 300 | 398 | 391 | 367 | 514 | 684 | 1,113 | 2,302 | 2,631 |
| Expenses | 160 | 180 | 184 | 206 | 219 | 205 | 206 | 369 | 621 | 447 | 660 | 736 |
| Operating Profit | 75 | 80 | 76 | 94 | 178 | 185 | 161 | 145 | 63 | 665 | 1,642 | 1,894 |
| OPM % | 32% | 31% | 29% | 31% | 45% | 47% | 44% | 28% | 9% | 60% | 71% | 72% |
| Other Income | 111 | 117 | 88 | 75 | 105 | 104 | 46 | 68 | 75 | 98 | 127 | 144 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 25 | 19 | 17 | 15 | 18 | 22 | 23 | 22 | 36 | 64 | 78 | 81 |
| Profit before tax | 162 | 178 | 147 | 154 | 265 | 267 | 184 | 191 | 102 | 699 | 1,690 | 1,957 |
| Tax % | 29% | 29% | 26% | 5% | 11% | 16% | 22% | 22% | 18% | 20% | 21% | |
| Net Profit | 115 | 127 | 108 | 146 | 236 | 225 | 143 | 149 | 83 | 560 | 1,332 | 1,542 |
| EPS in Rs | 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 % | 29% | 60% | 80% | 70% | 65% | 62% | 62% | 65% | 47% | 27% | 15% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 26% | 43% | 65% | 110% | ||
| Compounded Profit Growth | 31% | 49% | 108% | 136% | ||
| Stock Price CAGR | 28% | 57% | 99% | 107% | ||
| Return on Equity | 20% | 28% | 36% | 56% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 |
| Reserves | 1,154 | 1,242 | 1,311 | 1,329 | 1,200 | 1,308 | 1,367 | 1,367 | 1,428 | 1,327 | 1,833 | 2,797 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 2 | 2 | 1 | 5 |
| Other Liabilities | 622 | 568 | 507 | 586 | 825 | 1,375 | 1,083 | 1,382 | 1,542 | 2,029 | 2,440 | 4,648 |
| Total Liabilities | 1,827 | 1,862 | 1,869 | 1,966 | 2,075 | 2,735 | 2,503 | 2,801 | 3,023 | 3,409 | 4,325 | 7,501 |
| Fixed Assets | 143 | 137 | 152 | 156 | 158 | 158 | 159 | 156 | 150 | 379 | 412 | 417 |
| CWIP | 2 | 3 | 0 | 6 | 19 | 24 | 26 | 95 | 169 | 16 | 18 | 31 |
| Investments | 1,295 | 1,114 | 1,198 | 1,322 | 1,066 | 1,256 | 1,205 | 1,157 | 1,047 | 914 | 1,401 | 2,949 |
| Other Assets | 387 | 607 | 519 | 482 | 832 | 1,296 | 1,112 | 1,392 | 1,658 | 2,100 | 2,494 | 4,104 |
| Total Assets | 1,827 | 1,862 | 1,869 | 1,966 | 2,075 | 2,735 | 2,503 | 2,801 | 3,023 | 3,409 | 4,325 | 7,501 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 70 | 78 | -32 | 99 | 258 | 449 | -184 | 391 | 141 | 442 | 950 | 3,035 |
| Cash from Investing Activity | -68 | -30 | 55 | 36 | -93 | -27 | -39 | -142 | -8 | -346 | -751 | -2,399 |
| Cash from Financing Activity | -19 | -61 | -40 | -92 | -105 | -123 | -154 | -142 | -89 | -98 | -40 | -154 |
| Net Cash Flow | -18 | -14 | -17 | 43 | 61 | 299 | -377 | 107 | 44 | -2 | 159 | 481 |
| Free Cash Flow | 62 | 57 | -59 | 73 | 231 | 422 | -206 | 310 | 70 | 299 | 854 | 2,962 |
| CFO/OP | 126% | 177% | 24% | 170% | 306% | 281% | -74% | 263% | 132% | 786% | 149% | 202% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 17 | 7 | 4 | 9 | 7 | 6 | 8 | 11 | 10 | 33 | 9 | 10 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 17 | 7 | 4 | 9 | 7 | 6 | 8 | 11 | 10 | 33 | 9 | 10 |
| Working Capital Days | -522 | -446 | -287 | -404 | -429 | -761 | -424 | -654 | -463 | -540 | -391 | -465 |
| ROCE % | 10% | 10% | 11% | 8% | 13% | 15% | 16% | 14% | 13% | 7% | 43% | 71% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FIIs | 25.31% | 26.61% | 23.22% | 20.69% | 22.07% | 23.13% | 21.80% | 21.69% | 19.00% | 20.64% | 26.07% | 29.85% |
| DIIs | 56.43% | 53.01% | 56.86% | 57.24% | 57.45% | 56.27% | 58.10% | 59.09% | 60.50% | 59.16% | 54.35% | 50.80% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% |
| Public | 18.09% | 20.19% | 19.73% | 21.90% | 20.32% | 20.41% | 19.90% | 19.03% | 20.31% | 20.03% | 19.38% | 19.15% |
| Others | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% |
| No. of Shareholders | 1,65,446 | 1,73,682 | 1,76,305 | 2,02,603 | 2,01,692 | 2,35,262 | 2,43,456 | 2,34,989 | 2,56,715 | 2,52,470 | 3,60,169 | 4,32,684 |
Fundamentals
Market Cap₹ 82,413 Cr.
Current Price₹ 3,232
Stock P/E53.4
Book Value₹ 112
ROCE71.4 %
ROE56.3 %
Dividend Yield0.25 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)110%
Compounded Profit Growth (TTM)136%
Consolidated figures.
Valuation
Market capRs 81,699 Cr
Enterprise valueRs 79,167 Cr
P/E (TTM)52.99x
Price to book28.69x
Price to sales31.06x
EV / EBITDA38.83x
EV / EBIT40.44x
EV / sales30.09x
Price to cash flow26.92x
Earnings yield1.89%
Dividend yield0.25%
P/E, 3-year average32.18x
P/B, 3-year average8.92x
P/E, 5-year average23.40x
P/B, 5-year average5.76x
Profitability
Operating margin (excl. other income)71.32%
Operating margin (incl. other income)76.83%
EBITDA margin77.50%
Pre-tax margin74.39%
Net profit margin58.61%
Net margin, latest quarter58.89%
ROE56.27%
ROCE71.37%
ROA22.52%
ROE, 3-year average32.14%
ROCE, 3-year average40.46%
ROA, 3-year average13.20%
ROE, 5-year average23.36%
ROCE, 5-year average29.50%
ROA, 5-year average10.02%
ROIC (approx.)488.29%
Tax rate21.23%
Other income / net worth4.46%
Growth
Sales growth (latest year)106.89%
Profit growth (latest year)137.76%
Sales CAGR, 3 years64.89%
Sales CAGR, 5 years42.59%
Profit CAGR, 3 years107.53%
Profit CAGR, 5 years42.68%
Sales growth QoQ-21.03%
Profit growth QoQ-21.96%
Sales growth YoY (latest quarter)88.10%
Profit growth YoY (latest quarter)103.47%
Per share
EPS (TTM)Rs 60.46
EPS (latest year)Rs 52.22
EPS (latest quarter)Rs 16.21
EPS, 3-year averageRs 59.44
EPS, 5-year averageRs 47.13
Book value per shareRs 111.69
Sales per shareRs 103.17
Cash flow per shareRs 119.01
Free cash flow per shareRs 116.16
Dividend per share (latest year)Rs 8.00
Dividend per share, 3-year averageRs 15.21
Dividend per share, 5-year averageRs 16.43
Dividends
Dividend payout15.32%
Dividend payout, 3-year average29.84%
Dividend payout, 5-year average43.35%
Efficiency
Asset turnover0.31x
Fixed asset turnover5.52x
Debtor days10 days
Debtors turnover35.98x
Cash conversion cycle10 days
Working capital days-465 days
Leverage
Total debtRs 5 Cr
Cash and bankRs 2,537 Cr
Net debtRs -2,532 Cr
Debt to equity0.00x
Net debt / EBITDA-1.24x
Interest coverage4255.46x
Owners' fund to total sources37.97%
Debt to assets0.06%
Cash flow
Cash from Operating Activity (latest year)Rs 3,035 Cr
Cash from Investing Activity (latest year)Rs -2,399 Cr
Cash from Financing Activity (latest year)Rs -154 Cr
Net Cash Flow (latest year)Rs 481 Cr
Free cash flow (latest year)Rs 2,962 Cr
FCFE (approx.: FCF + change in debt)Rs 2,966 Cr
Cash from ops / profit, 5 years2.19x
Sales to cash flow0.76x
Statement figures
Net sales (TTM)Rs 2,631 Cr
Net sales (latest year)Rs 2,302 Cr
Sales (latest quarter)Rs 702 Cr
Operating profit excl. other income (latest year)Rs 1,642 Cr
Operating profit (latest quarter)Rs 494 Cr
Other income (TTM)Rs 144 Cr
EBITDA (TTM)Rs 2,039 Cr
PBDT (TTM)Rs 2,038 Cr
Profit before tax (TTM)Rs 1,957 Cr
Tax (latest year)Rs 359 Cr
Net profit (TTM)Rs 1,542 Cr
Net profit (latest year)Rs 1,332 Cr
Net profit (latest quarter)Rs 413 Cr
Depreciation (TTM)Rs 81 Cr
Depreciation (latest quarter)Rs 21 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 114 Cr
Total expenditure (latest year)Rs 660 Cr
Total income (latest year)Rs 2,429 Cr
Share capitalRs 51 Cr
ReservesRs 2,797 Cr
Shareholders' fundsRs 2,848 Cr
Total assetsRs 7,501 Cr
Net blockRs 417 Cr
Capital work in progressRs 31 Cr
InvestmentsRs 2,949 Cr
ReceivablesRs 64 Cr
Other liabilitiesRs 4,648 Cr
Shares outstanding (crore)25.50
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 53.0 is at the 63th percentile of its own 9.4-year range
(median 43.5, low 26.9, high 399.8).
P/B 28.69 is at the 92th percentile (median 5.59).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | MCX | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -6.5% | -2.8% | -3.7 pts |
| 1 month | -3.0% | -6.8% | +3.8 pts |
| 3 months | +13.9% | -7.6% | +21.5 pts |
| 6 months | +34.1% | +0.4% | +33.7 pts |
| 1 year | +99.7% | -9.9% | +109.6 pts |
| 2 years | +172.7% | -13.6% | +186.3 pts |
| 3 years | +681.6% | +14.2% | +667.4 pts |
| 5 years | +858.2% | +27.9% | +830.3 pts |
367 mutual fund schemes hold about ₹30,425 Cr.
Over three months 123 bought more and 98 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Motilal Oswal Midcap Fund | 3.43% | 1,468 | -13% |
| Nippon India Growth Mid Cap Fund | 2.80% | 1,462 | +12% |
| ICICI Pru Large & Mid Cap Fund | 3.01% | 1,010 | +81% |
| Nippon India Small Cap Fund | 1.15% | 952 | -0% |
| Motilal Oswal Large & Midcap Fund | 4.67% | 941 | -4% |
| Motilal Oswal Large & Midcap Fund | 4.67% | 861 | -4% |
| SBI Midcap Fund | 3.05% | 748 | +4% |
| SBI Midcap Fund | 3.05% | 743 | +4% |
| DSP Midcap Fund | 3.16% | 664 | +6% |
| Nippon India Multi Cap Fund | 0.96% | 539 | +100% |
| Edelweiss Mid Cap Fund | 2.69% | 534 | +10% |
| Motilal Oswal Flexi Cap Fund | 3.69% | 523 | -1% |
| Canara Rob Large and Mid Cap Fund | 1.95% | 513 | -3% |
| UTI Nifty200 Momentum 30 Index Fund | 5.86% | 494 | +4% |
| ICICI Pru Mid Cap Fund | 5.30% | 445 | +4% |
| Axis Midcap Fund | 1.26% | 435 | -32% |
| ICICI Pru Balanced Advantage Fund(M | 0.57% | 431 | +1% |
| ICICI Pru Mid Cap Fund | 5.30% | 422 | +4% |
| ICICI Pru Multi Cap Fund | 2.10% | 410 | -2% |
| Bandhan Large & Mid Cap Fund | 1.88% | 395 | +133% |
| Canara Rob Small Cap Fund | 2.69% | 394 | -21% |
| ICICI Pru Multi Cap Fund | 2.10% | 393 | -2% |
| ICICI Pru Focused Fund | 2.12% | 381 | +100% |
| Mahindra Manulife Multi Cap Fund | 4.86% | 373 | +100% |
| Axis Small Cap Fund | 1.17% | 367 | -23% |
Red flags
F-score 7 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹702 Cr +88.2% vs Jun 2025.
Net profit ₹413 Cr +103.4%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| National Stock Exchange Of India Ltd | 437,902 | 49.0 | 40.6 % |
| BSE Ltd | 130,523 | 46.1 | 60.0 % |
| Indian Energy Exchange Ltd | 9,487 | 19.5 | 51.8 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-28 | Dividend - Rs 8 Per Share | |
| 2026-01-02 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share | 0.2000 |
| 2025-08-08 | Dividend - Rs 30 Per Share | |
| 2024-09-19 | Dividend - Rs 7.64 Per Share | |
| 2023-09-15 | Dividend - Rs 19.09 Per Share | |
| 2022-09-19 | Dividend - Rs 17.40 Per Share | |
| 2021-08-26 | Dividend - Rs 27.60 Per Share | |
| 2020-08-21 | Annual General Meeting/Dividend - Rs 30 Per Share | |
| 2019-09-12 | Annual General Meeting/Dividend - Rs 20 Per Share | |
| 2018-08-23 | Annual General Meeting/Dividend- Rs 17 Per Share | |
| 2017-08-14 | Annual General Meeting/Dividend - Rs 15 Per Share | |
| 2016-09-09 | Annual General Meeting/Dividend - Rs 6.50 Per Share | |
| 2015-09-16 | Annual General Meeting/ Dividend - Rs 10/- Per Share | |
| 2014-09-11 | Annual General Meeting And Dividend Rs.3/- Per Share | |
| 2013-11-21 | Interim Dividend Rs.7/- Per Share | |
| 2013-09-18 | Annual General Meeting And Dividend Rs.12/- Per Share | |
| 2012-11-15 | Interim Dividend Rs.12/- Per Share | |
| 2012-09-14 | Annual General Meeting And Dividend Rs.6/- Per Share | |
| 2012-04-26 | Interim Dividend Rs.18/- Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.57
Max pain (expiry 2026-10-27)3,300
Largest call open interest at3,500
Largest put open interest at3,000
Implied volatility, at the money38.0%
Underlying at snapshot3,204.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
| Trade date | Shares sold short |
|---|---|
| 2026-09-30 | 1,658 |
| 2026-09-29 | 19,296 |
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Close to Close price movement greater than 100perc in previous 365 days
Quick answers
What is the market cap of Multi Commodity Exchange of India Ltd?
Multi Commodity Exchange of India Ltd (MCX) has a market capitalisation of Rs 82,413 Cr. at the 2026-10-01 close.
What is the P/E ratio of Multi Commodity Exchange of India Ltd?
Multi Commodity Exchange of India Ltd trades at a P/E of 53.4 on trailing twelve-month profit, at the 2026-10-01 close.
What were Multi Commodity Exchange of India Ltd's latest quarterly results?
In the Jun 2026 quarter, Multi Commodity Exchange of India Ltd sales was Rs 702 Cr (+88.2% vs Jun 2025) and net profit was Rs 413 Cr.
What is the 52-week high and low of Multi Commodity Exchange of India Ltd?
The 52-week high is Rs 3,481.40 and the 52-week low is Rs 1,545.10.