MCX Q4 Results: PAT Surges 291%, Revenue Jumps 205% in Q4; FY26 Profit Doubles to Rs 1,332 Crore

On Friday, shares of Multi Commodity Exchange of India Ltd rose 1.82 per cent to Rs 3,098 per share from its previous closing of Rs 3,042.60 per share. The stock’s 52-week high is Rs 3,136 per share and its 52-week low is Rs 1,120 per share. During the trading session, the stock surged nearly 3.07 per cent to its Intraday high of Rs 3,136 from the previous close. As of 16:00 IST, the stock closed at Rs 3,098 per share.

Multi Commodity Exchange of India Ltd reported a strong set of financial results for the quarter and financial year ended March 31, 2026, with profit and revenue more than doubling year-on-year amid sharp growth in commodity derivatives trading volumes and participation across segments.

The company’s consolidated revenue from operations for Q4FY26 stood at Rs 889 crore, registering a growth of 205 per cent compared to Rs 291 crore in Q4FY25. Total income came in at Rs 925 crore, up 189 per cent year-on-year.

EBITDA for the quarter surged 271 per cent to Rs 703 crore from Rs 189 crore in the corresponding quarter last year. EBITDA margin expanded to 76 per cent compared to 59 per cent in Q4FY25.

Profit before Tax rose 305 per cent year-on-year to Rs 682 crore, while tax expenses increased 363 per cent to Rs 152 crore. Profit after tax jumped 291 per cent to Rs 530 crore in Q4FY26 against Rs 135 crore reported in Q4FY25. PAT margin stood at 57 per cent.

For the full financial year FY26, MCX posted revenue from operations of Rs 2,302 crore, up 107 per cent from Rs 1,113 crore in FY25. Total income climbed 101 per cent to Rs 2,429 crore.

The company’s EBITDA for FY26 rose 133 per cent year-on-year to Rs 1,774 crore, while EBITDA margin improved to 73 per cent from 63 per cent in FY25.

Profit before tax increased 142 per cent to Rs 1,690 crore, while net profit more than doubled by 138 per cent to Rs 1,332 crore from Rs 560 crore in FY25.

Average daily turnover (ADT) for FY26 stood at Rs 5.4 lakh crore, marking a growth of 145 per cent year-on-year.

The Board of Directors recommended a final Dividend of Rs 8 per share with a face value of Rs 2 per share, subject to shareholders’ approval at the upcoming AGM.

MCX said it ranked as the world’s largest commodity options exchange and the fourth-largest commodity exchange globally by number of contracts, according to FIA data for 2025.

The company highlighted strong growth across bullion, energy and metals segments. Year-on-year ADT growth in futures and options stood at 496 per cent for bullion, 116 per cent for metals and 29 per cent for energy.

The exchange also launched several new products during FY26, including Electricity Futures, BULLDEX Options, Cardamom Futures, Nickel Futures, Gold Ten Futures, Gold Monthly Options and Silver Monthly Options.

Participation on the platform increased significantly, with traded clients rising to 20.90 lakh in FY26 from 13 lakh in FY25. MCX also reported healthy growth in new members, financial institutions and corporate participation.

Delivery-driven contracts remained robust with Gold at 21 metric tonnes, Silver at 401 metric tonnes and Base Metals at 95,781 metric tonnes.

The company said it continued strengthening its technology infrastructure and cybersecurity framework to handle a sharp rise in trading volumes while maintaining stability and scalability.

Commenting on the results, Praveena Rai said the company’s operating revenue more than doubled due to focused strategy, strong execution, higher participation across segments and new product launches. She added that MCX initiated the “Price in India: Hedge in India” drive to deepen hedging participation and strengthen the commodity derivatives ecosystem in India.

The company has a market cap of over Rs 78,996 crore. The stock price has surged over 1,027.61 per cent in the last 3 years.

The stock has also delivered returns of about 176.43 per cent from its 52-week low of Rs 1,120 per share.

Disclaimer: The article is for informational purposes only and not investment advice.

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