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

MCX is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.

Financial Ratios:

currentRatio 0.00000
forwardPE 44.41792
debtToEquity 0.02400
earningsGrowth 1.50600
revenueGrowth 1.14900
grossMargins 0.95309
operatingMargins 0.72405
trailingEps 24.87000
forwardEps 51.37566

Multi Commodity Exchange of India Limited's positive earnings and revenue growth suggest that the company is poised for business expansion. This financial strength indicates that Multi Commodity Exchange of India Limited is expected to continue growing, with rising profits and sales contributing to its long-term success.
MCX's positive gross and operating margins suggest that the company is operating profitably. These strong margins indicate effective cost management and revenue generation, contributing to a solid financial foundation.
MCX's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that MCX is projected to improve its financial performance compared to the previous year.

Price projections:

Price projections for MCX
Price projections for MCX

Over time, Multi Commodity Exchange of India Limited's price projections have been gradually lowered, signaling declining confidence in the company's future outlook. The downward revisions suggest analysts are becoming more cautious about Multi Commodity Exchange of India Limited's potential for growth.

Recommendation changes over time:

Recommendations trend for MCX
Recommendations trend for MCX


A recent buy bias from analysts toward Multi Commodity Exchange of India Limited indicates strong confidence in the stock's future performance. This could encourage investors to park their money in Multi Commodity Exchange of India Limited, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.