What we do Multi Commodity Exchange of India Ltd operates India's leading commodity derivatives exchange, providing electronic trading, clearing, and settlement in commodity futures and options. |
Founded in 2,002 |
Market share Market leader with over 98% share in India's commodity futures trading by value (FY 2024-25). |
Problem solved Facilitates transparent price discovery and risk management for participants across bullion, metals, energy, and agro commodities. |
Top clients or who we serve Commodity producers, consumers, traders, investors including institutional and retail participants; primarily B2B and B2C. |
Key management MD & CEO: Ms. Praveena Rai (veteran financial services leader with 30+ years' experience); Chairman: Dr. Harsh Kumar Bhanwala. |
Our journey and innovations Founded 2002, launched online futures in 2003, pioneered options on commodity futures in India, expanded product portfolio with mini contracts and indices. |
Where we operate Pan-India presence with members in over 1,000 cities; strategic international alliances with CME, LME, DCE, TAIFEX, and others. |
Top products or what we offer Commodity futures and options in bullion, base metals, energy, agriculture, and commodity indices. |
Top brands MCX Gold Options (#1 globally by contracts), MCX Crude Oil & Natural Gas Options (world's largest in category), MCX iCOMDEX Indices, MCX Bullion and Base Metal futures. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from recurring transaction fees on trading volumes; income growth closely tied to market activity levels. |
Our industry position India's largest commodity derivatives exchange, ranked sixth globally by contract numbers with leading global commodity options volumes. |
Financial highlights FY 2024-25 Consolidated revenue Rs.1209 Cr; net profit Rs.560 Cr; robust YoY growth fueled by options volume expansion and product innovation. |
Geographical revenue split Revenue primarily from Indian markets with growing institutional and retail participation nationwide. |
Order book - |
Whats driving growth Rising commodity market participation, options contract adoption, new product launches, expanding retail and institutional client base. |
Our future plans Launch new contracts (monthly options, mini contracts), expand international collaborations, strengthen technology and education initiatives. |
Our green promise ISO 14001 certified with focus on energy efficiency, e-waste policy, reduction in paper use, and sustainable office practices. |
Our people and values 456 employees fostering innovation, diversity, and integrity; strong emphasis on training, employee engagement, and corporate ethics. |
Key challenges ahead Regulatory changes, market volatility, technology risks, and maintaining competitive edge amid evolving global commodity trends. |
Interesting facts MCX became world's largest commodity options exchange by contracts traded in 2024; pioneered first-ever deliverable brass futures globally. |
Risks and strategy Mitigates market, operational, and cyber risks through robust frameworks; focuses on compliance, innovation, and strategic partnerships. |
