- Valuation
- ₹75,780 Cr
- 1-year change
- +117%

About Multi Commodity Exchange of India Limited
Data last updated:
Multi Commodity Exchange of India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the financial exchanges segment of the financial services sector. It was incorporated on 19 April 2002 and has been in existence for over 24 years.
Multi Commodity Exchange of India is ranked #93 among India's most valuable companies (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51909MH2002PLC135594. Its GSTIN is 27AADCM8239K1Z1 (Maharashtra). The company holds 15 GST registrations, of which 12 are active. Its shares are listed on BSE: 534091 and NSE: MCX.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹51 Cr. It was formerly known as Multi Commodity Exchange of India Pvt Limited. It is led by directors including Praveena Rai (Managing Director) and Arvind Kathpalia.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Exchange Square Chakala Suren Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,302 Cr, a growth of 106.9% compared to the previous year. For the same year it recorded a net profit of ₹1,331.23 Cr (net margin 57.8%) and EBITDA of ₹1,641.68 Cr (EBITDA margin 71.3%). The net worth stands at ₹2,847.94 Cr (up 51.1% YoY). Total assets are valued at ₹4,293.12 Cr (up 49.2% YoY).
The company has about 428 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: MCX Market Watch and MCX. As per MCA filings, the company has satisfied charges of ₹87.48 Cr on record. Court records list 196 cases involving the company, including 100 filed by the company and 96 filed against it; 55 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mcxindia.com.
CIN History
Multi Commodity Exchange of India has one previous CIN (Corporate Identification Number): U51909MH2002PLC135594. The current CIN is L51909MH2002PLC135594, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909MH2002PLC135594 | Current |
| U51909MH2002PLC135594 | Previous |
Recognitions & Rankings of Multi Commodity Exchange of India
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressExchange Square Chakala Suren Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Financial Exchanges
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands
Multi Commodity Exchange of India operates two associated brands: MCX Market Watch and MCX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a real-time app for commodity trading data. | mcxmarketwatch.com | |
| Commodity trading is facilitated by MCX in India. | mcxindia.com |
Business Activity
The main business activity of Multi Commodity Exchange of India is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Multi Commodity Exchange of India Limited
FY 2025-26 filings availableMulti Commodity Exchange of India Limited reported revenue of ₹2,302 Cr (up 106.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,302 | 1,113 | 684 | 514 | 367 | 391 | 398 |
| Revenue growth | +106.9% | +62.8% | +33.1% | +40.0% | -6.1% | -1.8% | - |
| EBITDA | 1,642 | 665 | 62.79 | 145 | 140 | 185 | 178 |
| EBITDA margin | +71.3% | +59.8% | +9.2% | +28.2% | +38.3% | +47.4% | +44.8% |
| Profit before tax | 1,690 | 699 | 102 | 191 | 184 | 267 | 265 |
| Net profit | 1,331 | 560 | 83.11 | 149 | 161 | 183 | 180 |
| Net profit margin | +57.8% | +50.3% | +12.2% | +29.0% | +43.8% | +46.9% | +45.3% |
| EPS (₹) | 52.22 | 109.81 | 16.30 | 29.21 | 28.13 | 44.16 | 46.37 |
| Balance sheet | |||||||
| Total assets | 4,293 | 2,877 | 2,217 | 2,126 | 2,000 | 1,945 | 1,824 |
| Net worth | 2,848 | 1,884 | 1,378 | 1,479 | 1,418 | 1,418 | 1,359 |
| Total debt | 4.76 | 1.01 | 1.66 | 1.55 | 0.86 | 1.55 | 0.00 |
| Cash & bank | 2,537 | 1,902 | 966 | 1,178 | 975 | 426 | 759 |
| Net working capital | (397) | 712 | (44.17) | 526 | 318 | (27.21) | (69.91) |
| Cash flow | |||||||
| Cash from operations | 3,035 | 950 | 442 | 141 | 391 | (184) | 449 |
| Cash from investing | (2,399) | (751) | (346) | (8.08) | (142) | (38.78) | (27.20) |
| Cash from financing | (154) | (40.20) | (98.18) | (89.48) | (142) | (154) | (123) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 702 | 889 | 666 | 374 | 373 | 291 | 301 | 286 |
| Revenue growth (YoY) | +88.1% | +205.1% | +120.9% | +31.0% | +59.2% | - | - | - |
| Other income | 50.01 | 36.39 | 31.49 | 26.56 | 32.61 | 29.93 | 23.52 | 25.68 |
| EBITDA | 494 | 665 | 494 | 242 | 241 | 160 | 193 | 179 |
| EBITDA margin | +70.4% | +74.8% | +74.2% | +64.7% | +64.6% | +55.0% | +64.1% | +62.8% |
| Depreciation | 20.70 | 19.08 | 21.91 | 19.75 | 17.30 | 21.69 | 14.60 | 14.03 |
| Interest | 0.16 | 0.21 | 0.03 | 0.06 | 0.06 | 0.13 | 0.17 | 0.10 |
| Profit before tax | 523 | 682 | 503 | 249 | 256 | 168 | 202 | 191 |
| Tax | 110 | 152 | 102 | 51.41 | 53.22 | 32.83 | 41.83 | 37.37 |
| Net profit | 413 | 530 | 401 | 197 | 203 | 135 | 160 | 154 |
| EPS (₹) | 16.21 | 20.78 | 78.65 | 38.72 | 39.84 | 26.56 | 31.38 | 30.12 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,154 | 1,012 | 595 | 449 | 330 | 345 | 370 |
| Revenue growth | +112.9% | +70.0% | +32.4% | +36.2% | -4.4% | -6.9% | - |
| EBITDA | 1,322 | 520 | 28.94 | 120 | 108 | 141 | 145 |
| EBITDA margin | +61.4% | +51.4% | +4.9% | +26.7% | +32.7% | +40.8% | +39.2% |
| Profit before tax | 1,374 | 554 | 70.61 | 171 | 159 | 229 | 239 |
| Net profit | 1,029 | 415 | 51.96 | 130 | 135 | 147 | 153 |
| Net profit margin | +47.8% | +41.0% | +8.7% | +28.9% | +41.0% | +42.6% | +41.4% |
| EPS (₹) | 40.35 | 81.33 | 10.19 | 25.46 | 23.23 | 36.83 | 40.89 |
| Balance sheet | |||||||
| Total assets | 2,890 | 1,987 | 1,603 | 1,650 | 1,610 | 1,636 | 1,600 |
| Net worth | 2,816 | 1,928 | 1,547 | 1,596 | 1,555 | 1,580 | 1,547 |
| Total debt | 4.76 | 1.01 | 1.66 | 1.55 | 0.86 | 1.53 | 0.00 |
| Cash & bank | 23.13 | 44.78 | 16.31 | 13.65 | 14.27 | 4.32 | 16.27 |
| Net working capital | (603) | (133) | (43.85) | 37.31 | (88.52) | (61.02) | (77.64) |
| Cash flow | |||||||
| Cash from operations | 1,464 | 611 | 117 | (63.77) | 119 | 89.34 | 201 |
| Cash from investing | (1,310) | (570) | (19.22) | 151 | 22.67 | 63.20 | (78.48) |
| Cash from financing | (154) | (39.92) | (98.15) | (89.45) | (142) | (154) | (123) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 667 | 829 | 624 | 352 | 349 | 269 | 278 | 257 |
| Revenue growth (YoY) | +90.9% | +208.2% | +124.8% | +37.1% | +67.5% | - | - | - |
| Other income | 50.22 | 37.06 | 31.99 | 27.38 | 31.66 | 29.30 | 22.70 | 24.30 |
| Total expenses | 260 | 300 | 225 | 153 | 154 | 142 | 123 | 119 |
| EBITDA | 407 | 529 | 399 | 199 | 195 | 127 | 155 | 137 |
| EBITDA margin | +61.0% | +63.8% | +63.9% | +56.5% | +55.9% | +47.1% | +55.8% | +53.5% |
| Depreciation | 20.00 | 18.51 | 21.33 | 18.29 | 16.76 | 21.21 | 13.84 | 13.57 |
| Interest | 0.14 | 0.19 | 0.02 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Profit before tax | 437 | 547 | 409 | 208 | 210 | 135 | 164 | 148 |
| Tax | 110 | 139 | 102 | 51.38 | 53.22 | 32.94 | 41.63 | 37.37 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 702 | 889 | 666 | 374 | 373 | 291 | 301 | 286 |
| Revenue growth (YoY) | +88.1% | +205.1% | +120.9% | +31.0% | +59.2% | - | - | - |
| Other income | 50.01 | 36.39 | 31.49 | 26.56 | 32.61 | 29.93 | 23.52 | 25.68 |
| EBITDA | 494 | 665 | 494 | 242 | 241 | 160 | 193 | 179 |
| EBITDA margin | +70.4% | +74.8% | +74.2% | +64.7% | +64.6% | +55.0% | +64.1% | +62.8% |
| Depreciation | 20.70 | 19.08 | 21.91 | 19.75 | 17.30 | 21.69 | 14.60 | 14.03 |
| Interest | 0.16 | 0.21 | 0.03 | 0.06 | 0.06 | 0.13 | 0.17 | 0.10 |
| Profit before tax | 523 | 682 | 503 | 249 | 256 | 168 | 202 | 191 |
| Tax | 110 | 152 | 102 | 51.41 | 53.22 | 32.83 | 41.83 | 37.37 |
| Net profit | 413 | 530 | 401 | 197 | 203 | 135 | 160 | 154 |
| EPS (₹) | 16.21 | 20.78 | 78.65 | 38.72 | 39.84 | 26.56 | 31.38 | 30.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,302 | 1,113 | 684 | 514 | 367 | 391 | 398 |
| Revenue growth | +106.9% | +62.8% | +33.1% | +40.0% | -6.1% | -1.8% | - |
| Other income | 127 | 98.29 | 75.39 | 67.66 | 66.50 | 104 | 105 |
| Total expenses | 660 | 447 | 621 | 369 | 226 | 205 | 219 |
| Employee cost | 180 | 144 | 112 | 91.90 | 80.00 | 75.16 | 77.33 |
| EBITDA | 1,642 | 665 | 62.79 | 145 | 140 | 185 | 178 |
| EBITDA margin | +71.3% | +59.8% | +9.2% | +28.2% | +38.3% | +47.4% | +44.8% |
| Depreciation | 78.04 | 63.75 | 35.93 | 21.59 | 22.70 | 22.06 | 18.14 |
| Interest | 0.36 | 0.45 | 0.27 | 0.21 | 0.24 | 0.19 | 0.16 |
| Profit before tax | 1,690 | 699 | 102 | 191 | 184 | 267 | 265 |
| Tax | 359 | 139 | 18.87 | 41.60 | 40.60 | 41.53 | 28.87 |
| Net profit | 1,331 | 560 | 83.11 | 149 | 161 | 183 | 180 |
| Net profit margin | +57.8% | +50.3% | +12.2% | +29.0% | +43.8% | +46.9% | +45.3% |
| EPS (₹) | 52.22 | 109.81 | 16.30 | 29.21 | 28.13 | 44.16 | 46.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 |
| Reserves & surplus | 2,797 | 1,833 | 1,327 | 1,428 | 1,367 | 1,367 | 1,308 |
| Shareholders' funds (net worth) | 2,848 | 1,884 | 1,378 | 1,479 | 1,418 | 1,418 | 1,359 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 4.76 | 1.01 | 1.66 | 1.55 | 0.86 | 1.55 | 0.00 |
| Total debt | 4.76 | 1.01 | 1.66 | 1.55 | 0.86 | 1.55 | 0.00 |
| Total liabilities | 4,293 | 2,877 | 2,217 | 2,126 | 2,000 | 1,945 | 1,824 |
| Assets | |||||||
| Gross block | 629 | 560 | 571 | 306 | 291 | 273 | 250 |
| Net block | 417 | 412 | 379 | 150 | 156 | 159 | 158 |
| Capital work in progress | 30.61 | 18.27 | 15.87 | 169 | 94.79 | 26.32 | 23.67 |
| Investments | 2,949 | 1,401 | 914 | 1,047 | 1,157 | 1,205 | 1,256 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 63.98 | 28.86 | 62.24 | 14.64 | 11.47 | 8.96 | 6.46 |
| Cash & bank balances | 2,537 | 1,902 | 966 | 1,178 | 975 | 426 | 759 |
| Loans & advances | 171 | 203 | 111 | 231 | 122 | 94.83 | 75.27 |
| Total current assets | 2,771 | 2,134 | 1,139 | 1,424 | 1,109 | 530 | 841 |
| Total current liabilities | 3,169 | 1,422 | 1,183 | 897 | 791 | 557 | 911 |
| Net working capital | (397) | 712 | (44.17) | 526 | 318 | (27.21) | (69.91) |
| Total assets | 4,293 | 2,877 | 2,217 | 2,126 | 2,000 | 1,945 | 1,824 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 339 | 180 | 181 | 137 | 29.79 | 407 | 108 |
| Net cash from operating activities | 3,035 | 950 | 442 | 141 | 391 | (184) | 449 |
| Net cash from investing activities | (2,399) | (751) | (346) | (8.08) | (142) | (38.78) | (27.20) |
| Net cash from financing activities | (154) | (40.20) | (98.18) | (89.48) | (142) | (154) | (123) |
| Net change in cash | 481 | 159 | (1.57) | 43.86 | 107 | (377) | 299 |
| Closing cash | 2,537 | 1,902 | 966 | 1,178 | 975 | 426 | 759 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +106.9% | +62.8% | +33.1% | +40.0% | -6.1% | -1.8% | - |
| EBITDA growth | +146.8% | +959.6% | -56.6% | +3.0% | -24.1% | +3.8% | - |
| PBT growth | +141.7% | +585.8% | -46.5% | +3.5% | -31.0% | +0.5% | +72.7% |
| Net income growth | +137.7% | +573.8% | -44.2% | -7.3% | -12.3% | +1.6% | - |
| Revenue CAGR (3Y) | +64.9% | +44.8% | +20.5% | +8.9% | +6.9% | +14.6% | +15.3% |
| EBITDA CAGR (3Y) | +124.7% | +67.9% | -30.3% | -6.7% | +26.0% | +37.1% | +30.8% |
| Profitability & leverage | |||||||
| Net income margin | +57.8% | +50.3% | +12.2% | +29.0% | +39.1% | +57.7% | +59.5% |
| Return on capital employed | +47.2% | +27.5% | +4.7% | +9.3% | +10.4% | +11.6% | +11.6% |
| Return on net worth | +56.3% | +34.3% | +5.8% | +10.3% | +11.3% | +13.2% | +13.8% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.02 | 0.07 | 1.01 | 0.17 | 0.20 | 0.12 | 0.10 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.87 | 1.97 | 1.56 | 1.72 | 1.30 | 1.49 | 1.65 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 49.59 | 24.43 | 17.78 | 39.33 | 35.91 | 50.66 | 63.81 |
| EPS (₹) | 52.22 | 109.81 | 16.30 | 29.21 | 28.13 | 44.16 | 46.37 |
| Dividend per share (₹) | 8.00 | 30.00 | 7.64 | 19.09 | 17.40 | 27.60 | 30.00 |
| Book value per share (₹) | 111.68 | 369.49 | 270.29 | 290.06 | 278.06 | 278.08 | 266.55 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 667 | 829 | 624 | 352 | 349 | 269 | 278 | 257 |
| Revenue growth (YoY) | +90.9% | +208.2% | +124.8% | +37.1% | +67.5% | - | - | - |
| Other income | 50.22 | 37.06 | 31.99 | 27.38 | 31.66 | 29.30 | 22.70 | 24.30 |
| Total expenses | 260 | 300 | 225 | 153 | 154 | 142 | 123 | 119 |
| EBITDA | 407 | 529 | 399 | 199 | 195 | 127 | 155 | 137 |
| EBITDA margin | +61.0% | +63.8% | +63.9% | +56.5% | +55.9% | +47.1% | +55.8% | +53.5% |
| Depreciation | 20.00 | 18.51 | 21.33 | 18.29 | 16.76 | 21.21 | 13.84 | 13.57 |
| Interest | 0.14 | 0.19 | 0.02 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Profit before tax | 437 | 547 | 409 | 208 | 210 | 135 | 164 | 148 |
| Tax | 110 | 139 | 102 | 51.38 | 53.22 | 32.94 | 41.63 | 37.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,154 | 1,012 | 595 | 449 | 330 | 345 | 370 |
| Revenue growth | +112.9% | +70.0% | +32.4% | +36.2% | -4.4% | -6.9% | - |
| Other income | 128 | 95.79 | 76.29 | 72.25 | 73.45 | 111 | 111 |
| Total expenses | 832 | 492 | 566 | 329 | 222 | 204 | 225 |
| Employee cost | 147 | 117 | 89.35 | 74.70 | 65.11 | 62.34 | 65.88 |
| EBITDA | 1,322 | 520 | 28.94 | 120 | 108 | 141 | 145 |
| EBITDA margin | +61.4% | +51.4% | +4.9% | +26.7% | +32.7% | +40.8% | +39.2% |
| Depreciation | 74.89 | 61.61 | 34.39 | 20.47 | 22.14 | 21.64 | 17.84 |
| Interest | 0.29 | 0.17 | 0.23 | 0.18 | 0.26 | 0.31 | 0.20 |
| Profit before tax | 1,374 | 554 | 70.61 | 171 | 159 | 229 | 239 |
| Tax | 345 | 139 | 18.65 | 41.52 | 40.51 | 41.56 | 30.07 |
| Net profit | 1,029 | 415 | 51.96 | 130 | 135 | 147 | 153 |
| Net profit margin | +47.8% | +41.0% | +8.7% | +28.9% | +41.0% | +42.6% | +41.4% |
| EPS (₹) | 40.35 | 81.33 | 10.19 | 25.46 | 23.23 | 36.83 | 40.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 |
| Reserves & surplus | 2,765 | 1,876 | 1,496 | 1,545 | 1,504 | 1,529 | 1,496 |
| Shareholders' funds (net worth) | 2,816 | 1,928 | 1,547 | 1,596 | 1,555 | 1,580 | 1,547 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 4.76 | 1.01 | 1.66 | 1.55 | 0.86 | 1.53 | 0.00 |
| Total debt | 4.76 | 1.01 | 1.66 | 1.55 | 0.86 | 1.53 | 0.00 |
| Total liabilities | 2,890 | 1,987 | 1,603 | 1,650 | 1,610 | 1,636 | 1,600 |
| Assets | |||||||
| Gross block | 611 | 548 | 561 | 298 | 286 | 271 | 249 |
| Net block | 409 | 405 | 373 | 145 | 153 | 158 | 157 |
| Capital work in progress | 30.26 | 18.05 | 15.56 | 168 | 94.28 | 25.89 | 23.10 |
| Investments | 2,985 | 1,629 | 1,134 | 1,216 | 1,398 | 1,445 | 1,421 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 17.78 | 8.19 | 52.80 | 11.61 | 13.13 | 10.97 | 6.93 |
| Cash & bank balances | 23.13 | 44.78 | 16.31 | 13.65 | 14.27 | 4.32 | 16.27 |
| Loans & advances | 157 | 97.42 | 82.64 | 219 | 76.00 | 75.22 | 65.60 |
| Total current assets | 198 | 150 | 152 | 245 | 103 | 90.51 | 88.80 |
| Total current liabilities | 801 | 284 | 196 | 207 | 192 | 152 | 166 |
| Net working capital | (603) | (133) | (43.85) | 37.31 | (88.52) | (61.02) | (77.64) |
| Total assets | 2,890 | 1,987 | 1,603 | 1,650 | 1,610 | 1,636 | 1,600 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.98 | 0.16 | 0.41 | 2.45 | 2.41 | 3.81 | 4.73 |
| Net cash from operating activities | 1,464 | 611 | 117 | (63.77) | 119 | 89.34 | 201 |
| Net cash from investing activities | (1,310) | (570) | (19.22) | 151 | 22.67 | 63.20 | (78.48) |
| Net cash from financing activities | (154) | (39.92) | (98.15) | (89.45) | (142) | (154) | (123) |
| Net change in cash | (0.61) | 0.82 | (0.25) | (2.04) | 0.04 | (1.40) | (0.92) |
| Closing cash | 23.13 | 44.78 | 16.31 | 13.65 | 14.27 | 4.32 | 16.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +112.9% | +70.0% | +32.4% | +36.2% | -4.4% | -6.9% | - |
| EBITDA growth | +154.1% | +1697.0% | -75.8% | +11.0% | -23.3% | -3.1% | - |
| PBT growth | +148.1% | +684.7% | -58.8% | +7.8% | -30.7% | -3.9% | +70.6% |
| Net income growth | +148.0% | +698.2% | -60.0% | -4.0% | -8.0% | -4.3% | - |
| Revenue CAGR (3Y) | +68.6% | +45.3% | +19.9% | +6.6% | +3.4% | +9.9% | +12.6% |
| EBITDA CAGR (3Y) | +122.6% | +68.9% | -41.0% | -6.2% | +16.2% | +23.7% | +22.1% |
| Profitability & leverage | |||||||
| Net income margin | +47.8% | +41.0% | +8.7% | +28.9% | +35.9% | +54.5% | +56.3% |
| Return on capital employed | +56.4% | +30.9% | +4.4% | +10.5% | +11.1% | +11.2% | +11.1% |
| Return on net worth | +43.4% | +23.9% | +3.3% | +8.2% | +8.6% | +9.4% | +10.2% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.02 | 0.04 | -4.22 | 0.18 | 0.30 | 0.26 | 0.16 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.72 | 1.83 | 1.38 | 1.54 | 1.18 | 1.33 | 1.54 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 165.86 | 33.17 | 18.47 | 36.32 | 27.37 | 38.53 | 46.28 |
| EPS (₹) | 40.35 | 81.33 | 10.19 | 25.46 | 23.23 | 36.83 | 40.89 |
| Dividend per share (₹) | 8.00 | 30.00 | 7.64 | 19.09 | 17.40 | 27.60 | 30.00 |
| Book value per share (₹) | 110.44 | 377.94 | 303.34 | 312.88 | 304.96 | 309.87 | 303.24 |
Board of Directors of Multi Commodity Exchange of India Limited
Multi Commodity Exchange of India has 8 current directors and 81 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kathpalia | Director | 06 Dec 2022 | 3 Years 10 Months | Current |
| Chandra Shekhar Verma Also directs: Welspun Corp Limited, Ikio Technologies Limited, Shyam Metalics and Energy Limited and 3 more | Director | 22 May 2021 | 5 Years 5 Months | Current |
| Ashutosh Moreshwar Vaidya Also directs: Agx Collaboratory Forum | Director | 17 Sep 2022 | 4 Years 1 Months | Current |
| Sonu Halan Bhasin Also directs: Fab-Families and Business LLP, Triveni Turbine Limited, Berger Paints India Limited and 4 more | Director | 17 Sep 2022 | 4 Years 1 Months | Current |
| Harsh Kumar Bhanwala Also directs: HDFC Bank Limited | Director | 08 Aug 2021 | 5 Years 2 Months | Current |
| Mohan Narayan Shenoi Also directs: Multi Commodity Exchange Clearing Corporation Limited | Director | 30 Sep 2021 | 5 Years 0 Months | Current |
Peer Comparison
Multi Commodity Exchange of India Limited is compared with the companies closest to it by revenue in the BFSI industry (Stock and Commodity Exchanges), with the same principal business activity (other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| National Stock Exchange of India Ltd. | ₹16,434 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| BSE Limited Listed | ₹3,236.31 Cr (FY 2025) | •••• | •••• | 103.0% | •••• | Mumbai, Maharashtra, India |
| Multi Commodity Exchange of India Limited this company | ₹2,302 Cr (FY 2026) | •••• | •••• | 106.9% | •••• | Mumbai, Maharashtra, India |
| NSE Ifsc Limited | ₹136.45 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Gift, Gujarat, India |
| Hem Finlease Pvt Ltd | ₹83.14 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Jaipur, Rajasthan, India |
Peers are the companies nearest to Multi Commodity Exchange of India by revenue, above and below it, in the BFSI industry (Stock and Commodity Exchanges), with the same principal business activity (other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Multi Commodity Exchange of India Limited is audited by SHAH GUPTA & Co for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH GUPTA & Co | Locked | Locked | Locked |
: available in the company report
Shareholding Pattern
Shareholding for the quarter ended Sep 2026: promoters hold 0.00%, foreign institutional investors hold 29.80%, domestic institutional investors hold 50.90% and retail and other public shareholders hold 19.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% | 100.00% |
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2023 | Others | ₹87.48 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases
Multi Commodity Exchange of India Limited has 196 court cases on record: 100 filed by Multi Commodity Exchange of India, 96 filed against it. 55 cases are pending and 141 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 100 | 28 | 32 |
| High courts | 79 | 56 | 20 |
| Supreme Court | 16 | 12 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 196)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by La Fin Financial Services Private Limited Dhruve Liladhar and Co | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Wealth Creation Commodities Private Limited and 4 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Mihir Agencies Pvt.Ltd. and 2 Ors. and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against E-Sense Entertainment Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against 63 Moons Technologies Limited and 2 Ors | Pending |
: available in the company report
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance
Multi Commodity Exchange of India Limited has a workforce of 428 employees as of Jan 04, 2026.
: available in the company report
Group Structure
Multi Commodity Exchange of India has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Multi Commodity Exchange Clearing Corporation Limited | U74999MH2008PLC185349 | - |
Showing major subsidiaries. Total: 1.
Recent Activity
Multi Commodity Exchange of India Limited has 165 board changes on record since 2002: 87 appointments and 78 cessations. The latest: Praveena Rai was appointed as Managing Director on 31 Oct 2024.
159 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Multi Commodity Exchange of India has 15 GST registrations: 12 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM8239K1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AADCM8239K2Z0 | Maharashtra | Active | 15 Sep 2017 |
| 07AADCM8239K1Z3 | Delhi | Active | 01 Jul 2017 |
| 08AADCM8239K1Z1 | Rajasthan | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Multi Commodity Exchange of India is an active public limited company based in Mumbai, Maharashtra, India. The company works in financial exchanges, within the financial services industry. It was incorporated on 19 April 2002 (24+ years old) and is registered under CIN L51909MH2002PLC135594. Listed on BSE: 534091 and NSE: MCX.
Multi Commodity Exchange of India reported revenue of ₹2,302 Cr for FY 2025-26 (up 106.9% YoY) based on consolidated financials.
Multi Commodity Exchange of India has 8 current directors:
- Praveena Rai - Managing Director
- Arvind Kathpalia - Director
- Chandra Shekhar Verma - Director
- Ashutosh Moreshwar Vaidya - Director
- Sonu Halan Bhasin - Director
- Harsh Kumar Bhanwala - Director
- Mohan Narayan Shenoi - Director
- Navrang Saini - Director
The latest financial statements of Multi Commodity Exchange of India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Multi Commodity Exchange of India is 27AADCM8239K1Z1, registered in Maharashtra. The company has 15 GST registrations in all, of which 12 are active and 3 are cancelled or inactive. Other active GSTINs include 27AADCM8239K2Z0 (Maharashtra), 07AADCM8239K1Z3 (Delhi), 08AADCM8239K1Z1 (Rajasthan).
The CIN (Corporate Identification Number) of Multi Commodity Exchange of India is L51909MH2002PLC135594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Multi Commodity Exchange of India is listed on both BSE (code: 534091) and NSE (symbol: MCX).
Multi Commodity Exchange of India has 196 court cases on record: 100 filed by the company and 96 filed against it. 55 are pending. Most are in the district courts.
Multi Commodity Exchange of India was incorporated on 19 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Multi Commodity Exchange of India by revenue are National Stock Exchange of India Ltd, BSE Limited, NSE Ifsc Limited, Hem Finlease Pvt Ltd, all in the BFSI industry (Stock and Commodity Exchanges), with the same principal business activity (other financial activities).
Praveena Rai was appointed as Managing Director on 31 Oct 2024. Suparna Tandon ceased to be Director on 19 Jul 2024. Subbi Reddy Venkatrama Padala ceased to be CEO on 09 May 2024. Multi Commodity Exchange of India has 165 board changes on record in total.