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Market Watch

Multi Commodity Exchange of India Ltd.

Overview
News
Financials
Technicals
Peers
Shareholdings
MF
F&O
Corporate Actions
About

Multi Commodity Exchange of India Ltd.

1,503.95-7.90 (-0.52%)

Closed
As On: 01 Mar, 2021, 03:59 PM IST
As On: 01 Mar, 2021, 04:00 PM IST

Sector: Financial Servi...
Industry: Exchange

OPEN TRADING A/C

Open1,520.00
High1,534.50
Low1,498.00
Prev Close1,511.85
Volume1,94,963
VWAP(₹)1,513.37

Insights

Intraday fact check
In the last 9 years, only 2.03 % trading sessions saw intraday declines higher than 5 % .
Zero Debt Burden
Company has no debt since last 5 years. (Source: Consolidated Financials)
Beating 3 Yr Revenue CAGR
Company's annual revenue growth of 26.22% outperformed its 3 year CAGR of 10.05%. (Source: Consolidated Financials)
Stock Returns vs Nifty Midcap 100
Stock gave a 3 year return of 96.19% as compared to Nifty Midcap 100 which gave a return of 18.33%. (as of last trading session)

Found Insights useful?

Key Metrics

PE Ratio(x)30.40
EPS - TTM(₹)49.47
MCap(₹ Cr.)7,649.76
MCap Rank17
PB Ratio(x)4.36
Div Yield(%)1.99
Face Value(₹)10.00
52W High(₹)1,875.00
52W Low(₹)815.00
MCap/Sales15.41
Beta(1 Month)2.32
BV/Share(₹)346.90

Returns

1 Day-0.52%
1 Month-5.9%
3 Months-5.55%
1 Year17.7%
3 Years95.17%
5 Years86.93%

MCX India News & Analysis

View all News & Announcements

MCX India Recommendations

No Recent Recos Available

View Past Recommendations

Financials

Income (P&L)

	Dec 2020	Sep 2020	Jun 2020	Mar 2020	Dec 2019
Total Income	125.67	137.52	122.70	134.94	112.74
Total Income Growth (%)	-8.62	12.08	-9.07	19.69	-22.00
Total Expenses	58.10	59.22	51.30	70.16	54.38
Total Expenses Growth (%)	-1.89	15.44	-26.88	29.02	-4.80
EBIT	67.57	78.30	71.40	64.78	58.36
EBIT Growth (%)	-13.70	9.66	10.22	11.00	-33.23
Profit after Tax (PAT)	71.80	58.55	56.43	65.50	55.57
PAT Growth (%)	22.63	3.76	-13.85	17.87	-22.55
EBIT Margin (%)	53.77	56.94	58.19	48.01	51.77
Net Profit Margin (%)	57.13	42.58	45.99	48.54	49.29
Basic EPS (₹)	14.10	11.50	11.09	12.87	10.92

	Dec 2020	Sep 2020	Jun 2020	Mar 2020	Dec 2019
Total Income	115.56	125.81	114.36	128.85	108.40
Total Income Growth (%)	-8.15	10.01	-11.25	18.87	-21.60
Total Expenses	56.31	61.63	49.21	72.13	55.99
Total Expenses Growth (%)	-8.63	25.24	-31.78	28.83	-4.57
EBIT	59.25	64.18	65.15	56.72	52.41
EBIT Growth (%)	-7.68	-1.49	14.86	8.22	-34.15
Profit after Tax (PAT)	63.41	44.44	50.06	57.15	48.44
PAT Growth (%)	42.69	-11.23	-12.41	17.98	-22.78
EBIT Margin (%)	51.27	51.01	56.97	44.02	48.35
Net Profit Margin (%)	54.87	35.32	43.77	44.35	44.69
Basic EPS (₹)	12.46	8.73	9.83	11.23	9.52

	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Total Revenue	503.11	398.59	351.86	376.34	351.84
Total Revenue Growth (%)	26.22	13.28	-6.50	6.96	5.77
Total Expenses	237.78	221.53	204.68	198.58	184.54
Total Expenses Growth (%)	7.34	8.23	3.07	7.61	13.76
Profit after Tax (PAT)	236.50	146.24	108.36	126.59	114.63
PAT Growth (%)	61.72	34.96	-14.40	10.44	-8.86
Operating Profit Margin (%)	70.95	59.01	56.65	68.59	71.33
Net Profit Margin (%)	63.20	48.74	41.70	48.79	48.79
Basic EPS (₹)	46.48	28.75	21.31	24.90	22.56

	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Total Revenue	481.77	384.72	346.20	375.87	351.40
Total Revenue Growth (%)	25.23	11.13	-7.89	6.96	5.76
Total Expenses	243.18	221.07	202.18	198.45	184.54
Total Expenses Growth (%)	10.00	9.34	1.88	7.54	13.76
Profit after Tax (PAT)	208.52	136.50	106.35	126.27	113.78
PAT Growth (%)	52.76	28.35	-15.78	10.98	-9.02
Operating Profit Margin (%)	64.46	54.86	55.42	68.46	71.15
Net Profit Margin (%)	56.28	45.75	40.92	48.67	48.43
Basic EPS (₹)	40.98	26.83	20.91	24.84	22.39

All figures in Rs Cr, unless mentioned otherwise

Insights

Beating 3 Yr Revenue CAGR
Company's annual revenue growth of 26.22% outperformed its 3 year CAGR of 10.05%. (Source: Consolidated Financials)
Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 20.67% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials)

Balance Sheet

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Total Assets	2,734.62	2,074.56	1,966.29	1,869.48	1,861.90
Total Assets Growth (%)	31.82	5.51	5.18	0.41	1.92
Total Liabilities	965.47	493.86	405.21	336.60	380.25
Total Liabilities Growth (%)	95.49	21.88	20.38	-11.48	-12.58
Total Equity	1,359.38	1,250.90	1,380.48	1,362.39	1,481.65
Total Equity Growth (%)	8.67	-9.39	1.33	-8.05	6.45
Current Ratio (x)	1.65	2.69	2.89	2.96	4.00
Total Debt to Equity (x)	0.00	0.00	0.00	0.00	0.00
Contingent Liabilities	126.22	127.86	61.39	57.50	25.28

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Total Assets	1,766.56	1,623.15	1,961.30	1,865.78	1,858.24
Total Assets Growth (%)	8.84	-17.24	5.12	0.41	1.86
Total Liabilities	220.04	160.30	404.43	336.52	380.25
Total Liabilities Growth (%)	37.27	-60.36	20.18	-11.50	-12.58
Total Equity	1,546.52	1,462.85	1,556.87	1,529.26	1,477.99
Total Equity Growth (%)	5.72	-6.04	1.81	3.47	6.38
Current Ratio (x)	4.06	5.48	2.86	2.93	3.98
Total Debt to Equity (x)	0.00	0.00	0.00	0.00	0.00
Contingent Liabilities	126.22	127.86	61.39	57.50	25.28

All figures in Rs Cr, unless mentioned otherwise

Insights

Zero Debt Burden
Company has no debt since last 5 years. (Source: Consolidated Financials)

Cash Flows

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Net Cash flow from Operating Activities	449.15	256.31	99.34	-32.08	77.52
Net Cash used in Investing Activities	-27.17	-90.76	36.05	55.27	-30.42
Net Cash flow from Financing Activities	-123.43	-104.53	-92.12	-39.90	-61.42
Net Cash Flow	298.55	61.02	43.27	-16.71	-14.32
Closing Cash & Cash Equivalent	406.91	108.36	47.34	4.07	20.78
Closing Cash & Cash Equivalent Growth (%)	275.52	128.90	1,063.14	-80.41	-40.80
Total Debt/ CFO (x)	0.00	0.00	0.00	0.00	0.00

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Net Cash flow from Operating Activities	201.04	-132.12	102.26	-31.94	77.72
Net Cash used in Investing Activities	-78.46	194.12	33.05	55.14	-30.54
Net Cash flow from Financing Activities	-123.47	-104.55	-92.07	-39.90	-61.42
Net Cash Flow	-0.89	-42.55	43.24	-16.70	-14.25
Closing Cash & Cash Equivalent	3.84	4.73	47.28	4.04	20.74
Closing Cash & Cash Equivalent Growth (%)	-18.82	-90.00	1,070.30	-80.52	-40.72
Total Debt/ CFO (x)	0.00	0.00	0.00	0.00	0.00

All figures in Rs Cr, unless mentioned otherwise

Insights

Decrease in Cash from Investing
Company has used Rs 27.17 cr for investing activities which is an YoY decrease of 70.06%. (Source: Consolidated Financials)

Ratios

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Return on Equity (%)	17.39	11.69	7.84	9.29	7.73
Return on Capital Employed (%)	14.55	10.91	9.18	11.29	11.14
Return on Assets (%)	8.64	7.04	5.51	6.77	6.15
Interest Coverage Ratio (x)	1,659.31	0.00	3,680.50	889.80	558.45
Asset Turnover Ratio (x)	13.68	14.46	13.21	13.87	12.61
Price to Earnings (x)	24.39	28.17	31.55	48.54	37.17
Price to Book (x)	4.24	3.29	2.47	4.51	2.88
EV/EBITDA (x)	17.65	18.59	20.46	31.14	19.56
EBITDA Margin (%)	75.80	64.16	63.06	75.75	81.80

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Return on Equity (%)	13.48	9.33	6.83	8.25	7.69
Return on Capital Employed (%)	14.92	10.88	9.01	11.30	11.14
Return on Assets (%)	11.80	8.40	5.42	6.76	6.12
Interest Coverage Ratio (x)	1,193.95	5,456.00	0.00	888.10	557.03
Asset Turnover Ratio (x)	20.96	18.38	13.24	13.90	12.64
Price to Earnings (x)	27.70	30.21	32.15	48.78	37.45
Price to Book (x)	3.73	2.81	2.19	4.01	2.88
EV/EBITDA (x)	22.40	22.78	20.86	31.19	19.61
EBITDA Margin (%)	69.27	59.98	61.83	75.62	81.62

Insights

ROE Outperforming 5 Year Average
Company delivered ROE of 17.39% in year ending Mar 31, 2020 outperforming its 5 year avg. of 10.71%. (Source: Consolidated Financials)

Found Financials useful?

Technicals

Buy/Sell Signals
Heikin-Ashi Changeover
Bullish indication on daily chart
Prev. Close Price
1514.11
LTP
1503.95
Formed on: 1 Mar 2021
On daily price chart, Heikin-Ashi candle changed from Red to Green
5 Day EMA Crossover
Bearish signal on daily chart
Appeared on: 26 Feb 2021
5D EMA: 1512.32
Last Signal 15 Feb 2021 (Loss -3.74%)
Average price decline of -2.94% within 7 days of Bearish signal in last 5 years
10 Day EMA Crossover
Bearish signal on daily chart
Appeared on: 26 Feb 2021
10D EMA: 1517.84
Last Signal 15 Feb 2021 (Loss -3.74%)
Average price decline of -3.10% within 7 days of Bearish signal in last 5 years
Price Analysis
42%
Positive Movement
since 1st Jan 2005
on basis
57%
Negative Movement
since 1st Jan 2005
on basis
Exclude
Global Meltdown1st Jan 2008 to 10th Nov 2008
Covid Crisis1st Feb 2020 to 31st Mar 2020
Pivot Levels
R1 1526.30 Pivot
1512.15
S1 1489.80
R2 1548.65 S2 1475.65
R3 1585.15 S3 1439.15
Average True Range
5 Days 14 Days 28 Days
36.31 43.13 46.27

5 Days	14 Days	28 Days
36.31	43.13	46.27

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Peers

Ratio Performance

NAME	P/E (x)	P/B (x)	ROE %	ROCE %	ROA %	Rev CAGR [3Yr]	OPM	NPM	Basic EPS	Current Ratio	Total Debt/ Equity (x)	Total Debt/ CFO (x)
MCX India	30.40	4.34	17.39	14.55	8.64	10.05	70.95	63.19	46.48	1.65	0.00	0.00
Indian Energy Exch	47.42	23.25	45.29	52.60	26.33	8.41	88.35	68.33	5.89	1.46	0.00	0.00
BSE	23.41	0.78	6.78	6.06	4.42	0.85	45.00	37.76	37.75	2.40	0.00	0.00
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Annual Ratios (%)

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Stock Performance
- CHART
- TABLE
- 1D
- 1W
- 1M
- 3M
- 6M
- 1Y
- 5Y
- Choose from Peers
  Choose from Stocks
NAME 1D 1W 1M 3M 1Y 3Y 5Y
MCX India -0.52 0.94 -5.90 -5.55 17.70 95.17 86.93
Indian Energy Exch 2.62 1.96 21.66 38.10 70.86 106.74 0.00
BSE -0.75 0.33 -3.82 5.23 27.41 -27.91 0.00
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All values in %
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NAME	1D	1W	1M	3M	1Y	3Y	5Y
MCX India	-0.52	0.94	-5.90	-5.55	17.70	95.17	86.93
Indian Energy Exch	2.62	1.96	21.66	38.10	70.86	106.74	0.00
BSE	-0.75	0.33	-3.82	5.23	27.41	-27.91	0.00
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Insights

Stock Returns vs Nifty Midcap 100
Stock gave a 3 year return of 96.19% as compared to Nifty Midcap 100 which gave a return of 18.33%. (as of last trading session)

Shareholding Patterns

Total Shareholdings
Category No. of Shares Percentage % Change QoQ
FII 1,96,88,214 38.61 % 0.27
DII 1,98,70,449 38.97 % -0.67
MF 1,03,86,709 20.37 % -1.63
Others 1,14,39,706 22.42 % 0.40

Category	No. of Shares	Percentage	% Change QoQ
FII	1,96,88,214	38.61 %	0.27
DII	1,98,70,449	38.97 %	-0.67
MF	1,03,86,709	20.37 %	-1.63
Others	1,14,39,706	22.42 %	0.40

QoQ Change

Category	31 Dec 2020	30 Sep 2020	30 Jun 2020	31 Mar 2020
Promoters	0.00	0.00	0.00	0.00
Pledge	0.00	0.00	0.00	0.00
FII	38.61	38.34	37.86	32.57
DII	38.97	39.64	39.65	39.31
Mutual Funds	20.37	22.00	21.77	21.40
Others	22.42	22.02	22.49	28.12

Mutual Funds Ownership

MF Ownership as on 31 January 2021

Parag Parikh Flexi Cap Direct-G
Equity: Flexi Cap
5
- 339.13
  Amount Invested (in Cr.)
- 4.97%
  % of AUM
- 21.48
  % Change (MoM basis)
SBI Long Term Equity Fund Direct-G
Equity: ELSS
2
- 148.29
  Amount Invested (in Cr.)
- 1.7%
  % of AUM
- 0.00
  % Change (MoM basis)
Axis Long Term Equity Direct-G
Equity: ELSS
4
- 137.02
  Amount Invested (in Cr.)
- 0.54%
  % of AUM
- 0.00
  % Change (MoM basis)

More Schemes

Corporate Actions

Recent
Board Meeting
Quarterly Results
Oct 20, 2020
General Meeting
Book closure from Aug 25, 2020 to Aug 31, 2020
Jul 27, 2020
Board Meeting
Quarterly Results
Jul 16, 2020

Board Meetings

Announced on	Meeting on
Oct 20, 2020	Oct 28, 2020
Quarterly Results
Jul 16, 2020	Jul 25, 2020
Quarterly Results
May 26, 2020	May 30, 2020
Audited Results & Final Dividend
Jan 14, 2020	Jan 30, 2020
Quarterly Results
Sep 30, 2019	Oct 15, 2019
Quarterly Results

Dividends
Announced on Ex-Date Dividend%
Jun 01, 2020 Aug 21, 2020 300%
Apr 25, 2019 Sep 12, 2019 200%
Apr 30, 2018 Aug 23, 2018 170%
May 04, 2017 Aug 14, 2017 150%
May 06, 2016 Sep 09, 2016 65%
Bonus
No Data Available
Splits
No Data Available
Rights
No Data Available

Announced on	Ex-Date	Dividend%
Jun 01, 2020	Aug 21, 2020	300%
Apr 25, 2019	Sep 12, 2019	200%
Apr 30, 2018	Aug 23, 2018	170%
May 04, 2017	Aug 14, 2017	150%
May 06, 2016	Sep 09, 2016	65%

AGM/EGM Meetings

Announced on	Meeting on
Jul 27, 2020	Aug 31, 2020
Book closure from Aug 25, 2020 to Aug 31, 2020
Aug 22, 2019	Sep 20, 2019
Book closure from Sep 14, 2019 to Sep 20, 2019
Jul 20, 2018	Aug 31, 2018
Book closure from Aug 25, 2018 to Aug 31, 2018
Jul 13, 2017	Aug 22, 2017
Book closure from Aug 17, 2017 to Aug 22, 2017
Aug 22, 2019	-
Book closure from Sep 14, 2019 to Sep 20, 2019

About

Multi Commodity Exchange of India Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 7,669.90 Crore) operating in Financial Services sector.

Multi Commodity Exchange of India Ltd. key Products/Revenue Segments include Fees & Other Charges and Other Operating Revenue for the year ending 31-Mar-2020.

For the quarter ended 31-12-2020, the company has reported a Consolidated Total Income of Rs 125.67 Crore, down 8.62 % from last quarter Total Income of Rs 137.52 Crore and up 11.47 % from last year same quarter Total Income of Rs 112.74 Crore. Company has reported net profit after tax of Rs 71.73 Crore in latest quarter.

The company’s top management includes Mr.Saurabh Chandra, Ms.Padma Raghunathan, Ms.Madhu Vadera Jayakumar, Mr.Amit Goela, Mr.Chengalath Jayaram, Dr.Deepali Pant Joshi, Mr.Basant Seth, Mr.Shankar Aggarwal, Dr.Bhartendu Kumar Gairola, Ms.Pravin Tripathi, Mr.P S Reddy, Mr.Hemang Raja. Company has Shah Gupta & Co. as its auditors. As on 31-12-2020, the company has a total of 5.10 Crore shares outstanding.

About MCX India

Multi Commodity Exchange of India Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 7,669.90 Crore) operating in Financial Services sector. Show More

Industry

Exchange

Key Indices Listed On

Nifty Smallcap 100, Nifty 500, S&P BSE 500, Nifty Dividend Opportunities 50, Nifty Alpha 50

Address

Exchange Square,Chakala,Suren Road,Mumbai, Maharashtra - 400093

Contact

info@mcxindia.com

http://www.mcxindia.com

Executive Leadership

Ajay Puri

Co. Secretary & Compl. Officer

Amit Goela

Shareholder Director

Arvind Sharma

Vice President

Basant Seth

Director

Auditors

Shah Gupta & Co.

MCX India Share Price Update

Multi Commodity Exchange of India Ltd. share price moved down by -0.52% from its previous close of Rs 1,511.85. Multi Commodity Exchange of India Ltd. stock last traded price is 1,503.95

Share Price	Value
Today/Current/Last	1,503.951,503.70
Previous Day	1,511.851,512.75

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Technicals

Buy/Sell Signals
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Price Analysis
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Average True Range
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Pivot Levels
Pivot points are indicative support and resistance levels which are calculated on basis of previous day’s high, low and closing prices. Pivot level for Monday’s trade would be based on Friday’s prices and Monday’s, high, low and close price would go into calculation of pivot levels for Tuesday’s trading session.
There are two underlying assumptions in pivot points. First, the specific price level indicated by R1, R2 and R3 may act as a barrier or resistance in an uptrend. So, if a stock moves up above these pivots levels, the uptrend gets confirmed. Second these specific price levels may see an increased activity, hence may be used as levels to book profit by traders with a long positions. For traders with short position, these points are often helpful in determining what should be the stop loss for a trade.
Similarly, in case of support levels as indicated by S1, S2 and S3, they may act as price level where a stock might get a breather when it is slipping southward. In case these supports levels are broken it is a confirmation of a down trend. The stock may also see increased activity close to pivot levels. They may be used by trader may use them to put stop loss for a long trade. If a trader has short position, the pivot level may help in determine a level, where profit may be booked.
Like any other technical indicator, pivots levels cannot and should not be used as single factor while taking a trading decision. They should be combined with other technical indicators. It could be short term moving averages, stochastic, moving average convergence divergence (MACD) or overbought level as indicated by relative strength index (RSI). For example, if a breakdown of support level (S1, S2 or S3) is accompanied with stock price also moving below its short term moving average or stochastic on daily charts giving a sell signal, it would add to weightage to the decision of taking a short trade.

Multi Commodity Exchange of India Ltd.

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Returns

MCX India News & Analysis

MCX India Recommendations

Financials

Technicals

Peers

Shareholding Patterns

Mutual Funds Ownership

Parag Parikh Flexi Cap Direct-G

Equity: Flexi Cap

SBI Long Term Equity Fund Direct-G

Equity: ELSS

Axis Long Term Equity Direct-G

Equity: ELSS

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Key Metrics

Technicals

R1	1526.30	Pivot 1512.15	S1	1489.80
R2	1548.65		S2	1475.65
R3	1585.15		S3	1439.15