Valuation: Multi Commodity Exchange of India Limited

Market Cap 811B 8.42B 7.52B 7B 6.37B 12B 12.09B 84.6B 32.91B 414B 31.62B 30.94B 1,331B P/E 2027 *
47.2x
P/E 2028 * 39.7x
Enterprise Value 778B 8.08B 7.21B 6.72B 6.11B 11.51B 11.6B 81.16B 31.58B 397B 30.34B 29.68B 1,277B EV / Sales 2027 *
26.4x
EV / Sales 2028 * 21.9x
Free-Float
80.31%
Yield 2027 *
1.13%
Yield 2028 * 1.1%
09-10 India International Bullion Holding Ifsc Limited announced that it has received INR 92 million in funding from Multi Commodity Exchange of India Limited CI
08-18 MCX Plans Coal, Mineral Trading Platforms as India Opens Up Markets MT
08-07 Jefferies sees brighter India outlook as credit, capital flows ramp up; removes HDFC Bank in portfolio revamp RE
08-06 Multi Commodity Exchange of India Limited announces Annual dividend, payable on October 15, 2026 CI
08-05 Multi Commodity Exchange of India Limited, Q1 2027 Earnings Call, Aug 05, 2026
08-04 Multi Commodity Exchange of India Limited Reports Earnings Results for the First Quarter Ended June 30, 2026 CI
06-30 Multi Commodity Exchange of India Limited Announces Appointment of Sanjay Rajpal as Executive Director (Critical Operations) Designates as Key Management Personnel, Effective June 30, 2026 CI
06-01 Multi Commodity Exchange of India Limited Announces Appointment of Manoj Jain as Executive Director (Regulatory, Compliance, Risk Management & Investor Grievances), Effective June 01, 2026 CI
06-01 Multi Commodity Exchange of India Limited Launches Silver 100 Futures Contract CI
05-28 Multi Commodity Exchange of India Limited Announces Appointment of Santosh Kumar Mohanty as Public Interest Director, Effective May 28, 2026 CI
05-13 Four Indian stocks added, four excluded from key global index in MSCI's May rejig RE
05-12 Elara Securities Downgrades Multi Commodity Exchange of India to Accumulate from Buy; Price Target is INR3,409 MT
05-11 Multi Commodity Exchange of India Limited, Q4 2026 Earnings Call, May 11, 2026
1 day-0.70%
1 week-4.31%
Current month-3.60%
1 month-2.86%
3 months+13.07%
6 months+30.24%
Current year+42.86%
1 week 3,150
Extreme 3150
3,345
1 month 3,056.6
Extreme 3056.6
3,481.4
Current year 2,068.5
Extreme 2068.5
3,481.4
1 year 1,626
Extreme 1626
3,481.4
3 years 389.72
Extreme 389.72
3,481.4
5 years 228.6
Extreme 228.6
3,481.4
10 years 128.7
Extreme 128.7
3,481.4
Manager TitleAgeSince
Chief Executive Officer 56 25/09/2024
Director of Finance/CFO 50 30/04/2024
Chief Tech/Sci/R&D Officer 48 02/03/2025
Director TitleAgeSince
Director/Board Member 67 17/05/2021
Chairman 64 06/11/2022
Director/Board Member 68 02/09/2021
Date Insider Type Main position Quantity % Market Cap. Importance
28/06/24 Sell 500 0.0010%
28/06/24 Sell 500 0.0010%
28/06/24 Sell 340 0.0007%
Change 5-day change 1-year change 3-year change Capi.($)
-0.70%-4.31%+95.32%+724.53% 8.5B
+2.62%+2.10%+2.03%+32.86% 94.62B
+1.33%-1.40%-6.44%+39.55% 84.29B
+0.59%-2.68%-16.04%+32.45% 60.53B
+0.84%+1.72%+27.85%+81.80% 58.3B
+1.85%+0.49%-4.25%+2.36% 51.49B
+2.06%-1.45%+5.23%+88.99% 50.49B
-1.02%-3.86% - - 44.83B
+4.78%+5.85%-2.61%+32.10% 21.57B
+0.81%+1.44%+30.17%+150.46% 18.32B
Average +1.29%-1.94%+14.58%+131.68% 49.29B
Weighted average by Cap. +1.42%-1.77%+3.69%+61.14%

Financials

2027 *2028 *
Net sales 29.44B 306M 273M 254M 231M 435M 439M 3.07B 1.19B 15.03B 1.15B 1.12B 48.31B 34.99B 363M 324M 302M 275M 518M 521M 3.65B 1.42B 17.86B 1.36B 1.33B 57.4B
Net income 17.22B 179M 160M 149M 135M 255M 257M 1.8B 699M 8.79B 671M 657M 28.26B 20.4B 212M 189M 176M 160M 302M 304M 2.13B 828M 10.41B 795M 778M 33.46B
Net Debt -32.99B -343M -306M -285M -259M -488M -492M -3.44B -1.34B -16.84B -1.29B -1.26B -54.12B -43.31B -450M -401M -374M -340M -641M -645M -4.52B -1.76B -22.1B -1.69B -1.65B -71.05B
Logo Multi Commodity Exchange of India Limited
Multi Commodity Exchange of India Limited is a commodity derivatives exchange. The Company facilitates online trading of commodity futures and options, data feed subscription and membership. It offers a platform for trading in varied commodity derivative contracts across product segments: bullion, base metals, energy, agricultural commodities and indices. Its flagship index series, MCX iCOMDEX, is a series of real-time commodity futures price indices, which give information on market movements in key segments traded on the exchange. The MCX iCOMDEX series consists of a composite index, apart from two sectoral indices, such as the Base Metal index, and the Bullion index, and four single-commodity indices, such as Gold, Silver, Copper, and Crude Oil. Its subsidiary, Multi Commodity Exchange Clearing Corporation Ltd, provides collateral management and risk management services, along with clearing and settlement of trades executed on the exchange.
Employees
436
Date Price Change Volume
05/10/26 ₹3,181.70 -0.70% 1,386,833
01/10/26 ₹3,204.00 -2.92% 2,002,629
30/09/26 ₹3,300.40 +2.12% 2,066,935
29/09/26 ₹3,232.00 -0.97% 2,094,968
28/09/26 ₹3,263.50 -1.85% 1,090,601
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
3,181.70INR
Average target price
3,441.56INR
Spread / Average Target
+8.17%

Quarterly revenue - Rate of surprise