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'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 0.000000
forwardPE 42.880512
debtToEquity 0.036000
earningsGrowth 0.832000
revenueGrowth 0.603000
grossMargins 0.942560
operatingMargins 0.633210
trailingEps 127.610000
forwardEps 50.950000

Positive earnings and revenue growth for MCX point to expected business expansion. The company is projected to continue growing its operations, as increasing profits and sales highlight a strong trajectory for further growth in the future.
Positive gross and operating margins for Multi Commodity Exchange of India Limited demonstrate the company's profitability. These margins reflect strong financial performance, with efficient operations contributing to the company's ability to generate consistent profits.
Multi Commodity Exchange of India Limited's forward EPS being less than its trailing EPS indicates the company may be less profitable this year than last. This signals potential challenges in maintaining earnings growth and could lead to concerns about future performance.

Price projections:

Price projections for MCX
Price projections for MCX

MCX's price projections have been consistently revised upward, suggesting that analysts are becoming increasingly optimistic about the company's future. This trend reflects confidence in MCX's ability to achieve strong financial results.

Recommendation changes over time:

Recommendations trend for MCX
Recommendations trend for MCX


Analysts' buy bias toward Multi Commodity Exchange of India Limited suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, Multi Commodity Exchange of India Limited is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.