Current revenue distribution by sectors:

1. Precious metals: 40%
2. Energy commodities: 30%
3. Agricultural commodities: 20%
4. Industrial metals: 10%

TOP 3 markets and their percentage shares:

1. Gold: 25%
2. Crude oil: 20%
3. Silver: 15%

The Multi Commodity Exchange of India Limited (MCX) generates its revenues mainly from trading in various commodities. The largest share comes from trading in precious metals, especially Gold, which accounts for a significant portion of the trading volume.

The energy sector, led by Crude oil, is the second largest market for MCX. Agricultural commodities and industrial metals also contribute to revenues, but to a lesser extent. The focus on Gold, Crude oil, and Silver reflects the demand and trading activity in these markets.

Production: No physical production

The Multi Commodity Exchange of India Limited (MCX) is not a production company in the traditional sense, as it functions as an exchange for trading commodity derivatives. MCX provides a platform for trading various commodities such as precious metals, energy, agricultural products, and base metals.

The "products" of MCX are primarily financial instruments and derivatives based on these commodities. Therefore, there is no physical production site, but rather an infrastructure for electronic trading and settlement of these financial products.

Revenue Growth: Estimated 10% annually (2025)

Market Share: Leading position in the Indian commodity market

Multi Commodity Exchange of India Limited (MCX) pursues a growth strategy based on diversifying its product range and technological innovation. The company plans to increase its market share by introducing new commodity derivatives and expanding digital trading platforms.

Another focus is on strengthening infrastructure to improve the efficiency and reliability of trading processes. MCX is also investing in partnerships and collaborations to expand access to international markets and increase liquidity.

Through these measures, MCX aims to solidify its leading position in the Indian commodity market while also exploring new growth opportunities.

Imported raw materials: Gold, Silver, Crude Oil, Copper

Main importing countries:

• Gold and Silver: South Africa, Australia, Switzerland
• Crude Oil: Saudi Arabia, Iraq, United Arab Emirates
• Copper: Chile, Peru, Australia

The Multi Commodity Exchange of India Limited (MCX) does not import any raw materials itself, as it functions as an exchange. However, the above-mentioned raw materials are the most commonly traded on the MCX. India mainly imports these raw materials from the mentioned countries to meet the demand in the domestic market. Gold and Silver are particularly important for the jewelry industry, while Crude Oil and Copper are crucial for the energy and construction industries.

Market Share: Over 90% in the field of commodity trading in India (2023)

Technological Infrastructure: Introduction of a new trading platform in 2023

Regulatory Support: Positive regulatory measures to promote the commodity market in India

Multi Commodity Exchange of India Limited (MCX) holds a dominant market share of over 90% in the Indian commodity trading, providing a significant competitive advantage. This market leadership is supported by continuous investment in technological infrastructure, such as the introduction of a new trading platform in 2023, which has improved the efficiency and reliability of trading.

Furthermore, MCX benefits from a supportive regulatory environment aimed at promoting and regulating the commodity market in India. These factors together provide MCX with a strong competitive edge over potential new market participants and existing competitors.

Institutional Investor Share: Approx. 60% (estimated for 2025 based on historical data)

Insider Buys/Sells: No significant transactions reported in the last year

The institutional investor share at the Multi Commodity Exchange of India Limited (MCX) traditionally stands at around 60%. This demonstrates the confidence of large institutional investors in the exchange's stability and growth potential.

Regarding insider transactions, there have been no significant buys or sells in the past year, indicating a stable assessment by the company's management of its current market position and future prospects. Such data is crucial for evaluating the executives' confidence in the company's strategy and development.

Market share of MCX: approx. 85% (2025)

Main competitors and their market share:

1. National Commodity & Derivatives Exchange (NCDEX): approx. 10%
2. Indian Commodity Exchange (ICEX): approx. 3%
3. BSE Ltd. (Commodity Segment): approx. 1%
4. Metropolitan Stock Exchange (MSE): <1%
5. Ace Derivatives and Commodity Exchange: <1%

Moat of MCX:

MCX has a significant moat in the form of:

• Market leadership: With a market share of around 85%, MCX dominates the Indian commodity market.
• Technological infrastructure: MCX continuously invests in advanced technologies to make trading more efficient and secure.
• Regulatory relationships: MCX has strong relationships with regulatory authorities, giving them an advantage in introducing new products and services.

Compared to competitors, MCX has a clear advantage due to its established market position and wide range of traded commodities. While competitors like NCDEX and ICEX have niche markets, they do not offer the same breadth and depth.

Although competitors have their strengths, such as specialized products or regional presence, MCX's moat is currently stronger due to its comprehensive market presence and technological investments.

Revenue Growth: 8.5% (2024) Net Profit Growth: 10.2% (2024) Market Share in Commodity Trading: 85% (2024)

Multi Commodity Exchange of India Limited (MCX) recorded a revenue growth of 8.5% in 2024, attributed to increasing trading activity and the introduction of new trading products. The company has expanded its market share in Indian commodity trading to an impressive 85%, highlighting its dominant market position.

The net profit growth of 10.2% indicates that MCX is not only able to increase its revenues but also operate efficiently to enhance profitability. This positive development is supported by continuous investments in technology and infrastructure aimed at improving the trading platform and increasing customer satisfaction.

Overall, the strong market position, combined with solid growth figures and strategic investments, suggests that MCX represents an attractive investment opportunity. However, potential investors should also keep an eye on macroeconomic factors and regulatory changes that could impact commodity trading.

Dividend Yield: 1.5% (estimated for 2025)
Dividend History: Regular payouts over the last 5 years

Multi Commodity Exchange of India Limited (MCX) has regularly distributed dividends to its shareholders in recent years. The dividend yield for the year 2025 is estimated to be around 1.5%, based on historical payouts and the company's current financial position.

The reliability of MCX's dividend payments can be considered high, as the company has consistently paid dividends over the past five years. This stability is supported by MCX's solid financial performance and leading market position in the commodity exchanges sector in India. Therefore, investors can expect a continued dividend policy as long as the economic conditions do not change drastically.