Multi Commodity Exchange Q2 FY26 Earnings Call Transcript

Multi Commodity Exchange (MCX) reported strong Q2 FY26 results with a 29% increase in total revenue to INR401 crores. EBITDA rose by 32% to INR270 crores, and profit after tax increased by 29% to INR197 crores. Average Daily Turnover (ADT) reached INR4.11 lakh crores. The MCX BULLDEX index options were launched in October.

Financial Performance Highlights

Multi Commodity Exchange of India Limited (MCX) announced its Q2 FY26 financial results, showcasing significant growth. Total consolidated revenue reached INR401 crores, a 29% increase compared to the same quarter last year. The company’s EBITDA increased by 32% to INR270 crores, while profit after tax grew by 29% to INR197 crores.

Key Operational Metrics

The Average Daily Turnover (ADT) has risen to INR4.11 lakh crores, a substantial increase from INR2.02 lakh crores in the previous year, reflecting robust market activity and increased stakeholder confidence.

Product Launches and Developments

MCX has focused on expanding its product offerings, including launching further variants in the bullion sector. Monthly options on silver (30 kg contract and mini 5 kg contract) were introduced. Fresh future contracts in cardamom and Nickel were also launched. The MCX BULLDEX index options were launched in October.

Technology Enhancements

MCX is committed to enhancing its technology infrastructure to support market volumes and growth. Steps have been taken to address and prevent recurrence of technical issues experienced in October. Investments in technology are planned to ensure continuous upgrades and capacity to support future growth.

Strategy and Outlook

The company aims to reinforce its position as a leading commodity derivative exchange by expanding its product suite and deepening market participation. MCX anticipates that the enhanced technology and diverse product range will drive future growth.

Segment Revenue

In Q2, revenue from futures was INR114 crores and from options, it was INR223 crores.

Source: BSE

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