Multi Commodity Exchange Of India Ltd.

NSE: MCX BSE: 534091 SECTOR: Finance - Stock Broking  67k   472   119

1294.20
+21.65 (1.70%)
NSE: 20 May 03:58 PM

Price Summary

Today's High

₹ 1316.95

Today's Low

₹ 1272.65

52 Week High

₹ 2135

52 Week Low

₹ 1143

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

6600.21 Cr.

Advances

0 Cr.

No. of Shares

5.1 Cr.

P/E

55.72

P/B

4.24

Face Value

₹ 10

Div. Yield

1.35 %

Book Value (TTM)

₹  304.97

Operating Revenue

344.85 Cr.

Net Profit

187.82 Cr.

Promoter Holding

0 %

EPS (TTM)

₹  23.23

Sales Growth

-6.91

ROE

12.01 %

ROCE

14.69%

Profit Growth

-9.93 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year-6.91%
3 Year9.89%
5 Year7.98%

Profit Growth

1 Year-9.93%
3 Year20.87%
5 Year10.54%

ROE%

1 Year12.01%
3 Year11.65%
5 Year10.05%

ROCE %

1 Year14.69%
3 Year13.27%
5 Year12.19%

ROA%

7.35480409835905

PEG Ratio

NA

PAT Margin (%)

54.4642598231115

EPS Growth(%)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2022 0 0
Dec 2021 0 0
Sep 2021 0 0
Jun 2021 0 0
Mar 2021 0 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has maintained a good ROA of 7.08338187601808% in last 3 years.

 Limitations

  • Provision and contingencies have increased by 438.580799045915%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
Operating Revenue 86.47 77.63 74.87 81.17 96.11
Other Income 13.24 23.39 17.24 16.46 16.36
Interest Expended 0.14 0.06 0.07 0.06 0.07
Operating Expenses 52.56 49.84 48.4 50.31 52.87
Total Provisions 0 0 0 0 -20.43
Depreciation 6.03 6.56 6.48 6.57 2.53
Profit Before Tax 40.98 44.56 37.16 40.69 77.43
Tax 11.06 11.6 9.98 11.07 7.86
Net Profit 29.92 32.96 27.18 29.62 28.71

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Operating Income 259.44 259.84 298.35 370.44 344.85
Other Income 116.43 86.36 93.03 111.33 148.71
Interest 0.2 0 0.03 0.2 0.22
Operating Expenses 191.37 193.89 207.45 226.71 212.18
Total Provisions 6.88 8.29 20.26 16.27 51.78
Exceptional Items 0 0 -23.79 0 0
Profit Before Tax 177.42 144.02 139.85 238.59 229.38
Tax 51.15 37.67 3.35 30.07 41.56
Profit After Tax 126.27 106.35 136.5 208.52 187.82
Adjusted EPS (Rs.) 24.76 20.85 26.76 40.89 36.83

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 51 51 51 51 51
Total Reserves 1478.26 1505.87 1411.85 1495.52 1529.36
Borrowings 0 0 0 0 0
Other N/C liabilities 712.24 734.54 776 809.47 803.67
Current liabilities 331.77 404.41 122.95 189.98 177.41
Total Liabilities 2573.27 2695.82 2361.8 2545.97 2561.44
Assets
Loans 0 0 0 0 0
Net Block 151.78 156.23 156.86 157.47 158.13
Capital WIP 0.24 2.33 0.03 0.47 1.19
Intangible WIP 0.12 3.21 18.92 22.63 24.7
Investments 440.42 528.38 723.62 833.99 846.19
Other Loans 708.71 751.41 806.18 830.02 808.8
Other N/C Assets 370.47 214.36 0.59 2.33 7.94
Current Assets 901.53 1039.9 655.6 699.06 714.49
Total Assets 2573.27 2695.82 2361.8 2545.97 2561.44
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Promoters 0.00 0.00 0.00 0.00 0.00
PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Investors 100.00 100.00 100.00 100.00 100.00

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

MCX reports marginal fall in Q4 consolidated net profit17 May 2022, 11:40AM Multi Commodity Exchange of India informs about press release17 May 2022, 10:31AM Multi Commodity Exchange of India informs about investor presentation17 May 2022, 10:31AM Multi Commodity Exch - Quaterly Results16 May 2022, 10:09PM Multi Commodity Exch - Quaterly Results16 May 2022, 10:09PM Multi Commodity Exchange Of India informs about updates13 May 2022, 5:21PM Multi Commodity Exchange of India informs about board meeting intimation 4 May 2022, 1:52PM MCX signs consultancy agreement with Chittagong Stock Exchange13 Apr 2022, 9:24AM MCX to collaborate with Chittagong Stock Exchange11 Apr 2022, 12:11PM Multi Commodity Exchange Of India informs about compliance certificate6 Apr 2022, 5:10PM Multi Commodity Exchange Of India informs about analyst meet11 Feb 2022, 12:10PM MCX reports 52% fall in Q3 consolidated net profit31 Jan 2022, 9:53AM Multi Commodity Exchange of India informs about board meeting20 Jan 2022, 10:21AM MCX launches trading on nickel options14 Dec 2021, 9:36AM Multi Commodity Exchange of India informs about analyst meet25 Nov 2021, 12:52PM Multi Commodity Exchange of India informs about transcript of earnings conference call1 Nov 2021, 4:46PM MCX reports 44% fall in Q2 consolidated net profit25 Oct 2021, 10:30AM Multi Commodity Exch - Quaterly Results23 Oct 2021, 6:05PM Multi Commodity Exch - Quaterly Results23 Oct 2021, 6:05PM Multi Commodity Exchange of India sees sharp plunge in turnover 14 Sep 2021, 3:11PM Multi Commodity Exchange of India informs about resignation of shareholder director10 Aug 2021, 12:45PM Multi Commodity Exchange Of India informs about investor presentation26 Jul 2021, 12:46PM MCX reports 29% fall in Q1 consolidated net profit26 Jul 2021, 11:23AM MCX signs MoU with EEX for electricity derivatives 5 Jul 2021, 2:46PM Multi Commodity Exchange of India informs about closure of trading window30 Jun 2021, 4:12PM MCX clocks record volumes on first delivery day of its gold contracts with April expiry1 Apr 2021, 12:42PM MCX signs MoU with NSE, India INX, NSDL and CDSL2 Mar 2021, 10:12AM MCX empanels two domestic bullion refiners for gold delivery 5 Feb 2021, 12:03PM MCX reports 29% rise in Q3 consolidated net profit22 Jan 2021, 11:15AM MCX launches futures trading in natural rubber29 Dec 2020, 10:00AM MCX receives SEBI’s approval to launch rubber futures contracts3 Dec 2020, 11:33AM MCX’s metal index futures clocks turnover of Rs 1,336 crore since launch20 Nov 2020, 1:14PM MCX’s bullion index records highest single-day turnover of Rs 652 crore 11 Nov 2020, 12:41PM MCX inks licensing agreement with IEX to launch electricity derivatives30 Oct 2020, 9:24AM MCX launches futures trading on MCX METLDEX19 Oct 2020, 2:17PM Multi Commodity Exchange of India submits press release19 Oct 2020, 1:49PM MCX planning to launch spot exchange in base metals13 Oct 2020, 1:19PM MCX to begin trading in base metals futures indices from October 202023 Sep 2020, 12:12PM MCX witnesses delivery of 1,06,814 tonnes in 5 base metal contracts since January 201922 Sep 2020, 9:58AM MCX witnesses record high silver delivery9 Sep 2020, 1:25PM MCX launches futures trading on ‘MCX BULLDEX’25 Aug 2020, 8:56AM MCX planning to allow delivery of locally-recycled base metals21 Aug 2020, 9:55AM MCX planning to launch liquidity enhancement scheme in 'options on goods' segment 13 Aug 2020, 9:15AM MCX, Mjunction Services to enter into MoU for Coal Exchange27 Jul 2020, 10:00AM MCX to go live from July 27 to include zero, negative prices20 Jul 2020, 12:38PM MCX seeks SEBI approval to re-launch potato contracts15 Jul 2020, 12:26PM MCX starts mock trading to include zero, negative prices13 Jul 2020, 2:09PM MCX extends exit option to traders of all commodities if negative prices kick in12 May 2020, 12:02PM

Multi Commodity Exch Stock Price Analysis and Quick Research Report. Is Multi Commodity Exch an attractive stock to invest in?

The financial services company caters to the financial and investing needs of their client. The broking industry in India comes under this sector and is a highly regulated industry in India. There are various regulations related to licensing, clearing and settlement, all of which affect the working of the company. These companies provide an online and offline services platform related to investing into the stock market, mutual funds, bonds, debentures & other financial instruments in order to achieve the financial goals of the clients.

These companies have to be a depository participant of either CDSL or NSDL. The broking industry also registers itself as a clearing member of NSE and BSE.

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Multi Commodity Exch better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 187.82 Cr and the compounded growth of profit in the past 3 years is 20.8742959007018 %. The PAT margin of Multi Commodity Exch is 54.4642598231115 %.
     
  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Multi Commodity Exch , the EPS declined by -9.92710531363897 % YOY. 

 Financial Ratios –

  • Return on Equity (ROE): The Company has a average ROE track record. The ROE of Multi Commodity Exch is at 12.0132528270992 % for the latest year.
     
  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Multi Commodity Exch is worth at the current levels at Rs 1294.2. The stock is trading at a current P/E ratio of 41.0726227238846 and the average historical P/E for the last 5 years was 35.9124175239346.
     
  • P/B ratio can be one of the best metrics to value such companies. Currently, Multi Commodity Exch is trading at a P/B of 4.2394 . The average historical P/B for the last 5 years was 3.52950793289617. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.
Brief about Multi Commodity Exch

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