Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Financial Data & Stock Exchanges

Multi Commodity Exchange of India Limited, a commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India. It offers iCOMDEX, a real-time commodity futures price indices; and trades in bullion, industrial metals, energy, and agricultural commodities. The company also provides trade clearing and settlement services; and data feed subscription and membership services. It has strategic alliances, and consultancy and collaboration agreements with various exchanges, such as CME Group, Dalian Commodity Exchange, London Metal Exchange, European Energy Exchange AG, Taiwan Futures Exchange, and Zhengzhou Commodity Exchange, Jakarta Futures Exchange, and Chittagong Stock Exchange Limited. The company was incorporated in 2002 and is based in Mumbai, India.

Revenue projections:

Revenue projections for MCX
Revenue projections for MCX

Multi Commodity Exchange of India Limited's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 1.230000
forwardPE 45.498867
debtToEquity 0.024000
earningsGrowth 0.286000
revenueGrowth 0.289000
grossMargins 0.944100
operatingMargins 0.624870
trailingEps 136.930000
forwardEps 50.950000

MCX's current ratio of 1.23 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as MCX can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
MCX's positive earnings and revenue growth point to business expansion on the horizon. The company is positioned for continued success, with increasing profits and revenue growth highlighting a strong path forward for future growth.
With positive gross and operating margins, Multi Commodity Exchange of India Limited demonstrates strong profitability. This reflects the company's ability to manage costs and maintain healthy profits, showcasing effective operational efficiency and financial stability.
MCX's lower forward EPS compared to trailing EPS suggests the company's earnings are expected to decline. This indicates that MCX may be less profitable in the upcoming year, raising questions about its financial trajectory.

Price projections:

Price projections for MCX
Price projections for MCX

The stock price of Multi Commodity Exchange of India Limited has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.

Recommendation changes over time:

Recommendations trend for MCX
Recommendations trend for MCX


MCX has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view MCX as a stable option to park their money and potentially benefit from the company's continued growth and profitability.