Multi Commodity Exchange of India Ltd.
MCXFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
23 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 23 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20191031 | 2019-09-30 | yes | |
| TRANSCRIPT | 20210528 | 2021-03-31 | yes | |
| TRANSCRIPT | 20210729 | 2022-03-31 | yes | |
| TRANSCRIPT | 20211101 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220204 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220520 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220806 | 2023-03-31 | yes | |
| TRANSCRIPT | 20221101 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230213 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230526 | 2023-03-31 | yes | |
| TRANSCRIPT | 20231117 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240219 | 2023-12-31 | yes | |
| TRANSCRIPT | 20230804 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240429 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240802 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241028 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250127 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250516 | 2025-03-31 | yes | |
| TRANSCRIPT | 20251111 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260203 | 2025-12-31 | yes | |
| TRANSCRIPT | 20250811 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260518 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260812 | 2026-06-30 | yes |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-12 | FYFY27 | Read the call | |
| 2026-05-18 | FYFY26 | Read the call | |
| 2026-02-03 | Q3FY26 | Read the call | |
| 2025-11-11 | Q2FY26 | Read the call | |
| 2025-08-11 | FYFY26 | Read the call | |
| 2025-05-16 | Q4FY25 | Read the call | |
| 2025-01-27 | Q3FY25 | Read the call | |
| 2024-10-28 | Q2FY25 | Read the call | |
| 2024-08-02 | Q1FY25 | Read the call | |
| 2024-04-29 | Q4FY24 | (DESIGNATE), MCX, EXECUTIVE OFFICER, MCX | Read the call |
| 2024-02-19 | Q3FY24 | Read the call | |
| 2023-11-17 | Q2FY24 | Read the call | |
| 2023-08-04 | FYFY24 | Read the call | |
| 2023-05-26 | FYFY23 | EXECUTIVE OFFICER | Read the call |
| 2023-02-13 | FYFY23 | Read the call | |
| 2022-11-01 | FYFY23 | EXECUTIVE OFFICER, Harish Iyer: | Read the call |
| 2022-08-06 | FYFY23 | EXECUTIVE OFFICER | Read the call |
| 2022-05-20 | FYFY22 | EXECUTIVE OFFICER | Read the call |
| 2022-02-04 | FYFY22 | EXECUTIVE OFFICER. | Read the call |
| 2021-11-01 | FYFY22 | EXECUTIVE OFFICER | Read the call |
| 2021-07-29 | FYFY22 | Read the call | |
| 2021-05-28 | FYFY21 | EXCHANGE OF INDIA LIMITED | Read the call |
| 2019-10-31 | Q2FY20 | Read the call |
What they said about it, quarter by quarter
| Topic | Q2FY24 | Q2FY25 | Q2FY26 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY24 | Q4FY25 |
|---|---|---|---|---|---|---|---|---|
| Capex | And second, on the capex front, if you can spell out now once the thing has been over, what will be the total capex list stand for Multi Commodity Exc… | How much we are planning to do the capex on the infra side this year? | — | — | — | And what is the capex that you intend to spend to build up more capacity? | — | — |
| Capital allocation | — | — | — | — | — | My question was mainly on the dividend front. | — | — |
| Costs | — | — | — | — | — | — | — | — |
| Debt and cash | — | — | — | — | — | So, we have a lot of free cash flow generation and probably taking in the technology investments also, which we've spoken about will be required. | — | — |
| Demand | So how we are seeing the Multi Commodity Exchange of India Limited November 09, 2023 pipeline in terms of product launches? | But in terms of the other products in the pipeline, so it has been like a year since the new platform has been running, and I suppose the first year w… | So, Devesh, as I told, we've got 17 new members this year, and there are many more in the pipeline. | Any pipeline, if you can Multi Commodity Exchange of India Limited February 12, 2024 highlight, electricity derivatives, any highlight -- anything you… | — | So, all these 3 put together, along with the environment around volatility of metals and of course, the demand for base metals in the industrial space… | So, you said that like most of the new product launches are in the pipeline. | And the second question is on new products other than electricity futures and whatever we have discussed, any other new products that are in the pipel… |
| Guidance | In the medium term, yes, we expect FPIs to contribute substantially for this market. | See, we have never given any future guidance on any of the numbers. | So, can we expect this to go to previous level once the prices in these commodities cool off? | But anything related to index launch, which we were planning to do multiple monthly contracts, which will look like a weekly expiries that we are plan… | So, how sustainable is the revenue growth of the MCX and can we expect the same growth rate to continue in the next year and years to come? | And when I say rest of the year, let's say, for some time now, we expect this momentum to continue because there is headroom from where we stand today… | And lastly, on the product launches, when do we expect the gold serial contracts to be launched? | We expect to have a good year ahead, and we'll stay in touch. |
| Margin | And second thing, sir, now given we are missing contribution towards SGF, is there a probability that now we will reduce the margin requirement in cru… | Sir, can you tell me how much is the float income in the current quarter and corresponding margin money what we have in the Exchange or Clearing Corpo… | So, during October '25, the margin requirements for the gold and silver F&O contracts were increased in 2 phases, right? | Well, gold, it is about 8%, plus 8% and 1.2% maybe the extreme loss margin. | So, margin doesn't differ per se from cash settlement or delivery settlement. | So, in a different way, strong SGF also gives us some flexibility to manage margin requirements from members. | Also, the treasury income that we earn on margin funds has also dipped by around Multi Commodity Exchange of India Limited April 24, 2024 INR5 crores. | — |
| People | — | But anything in terms of where are we in terms of what will be the utilization of the same? | — | — | — | — | — | — |
| Pricing | So, on the competition, so do you see if the competition reduces the prices of options or like the transaction fees, would they see more traction or l… | — | — | — | — | — | — | Now they are deliverable with India pricing and India price discovery. |
| Revenue growth | And it is required for the growth of the business, is what is -- what we are looking at it. | — | — | — | So, ma'am, my first question is that we have grown very significantly in the first 3 quarters of FY2025. So, my question was on the front of the reven… | There is a quarter-on- quarter growth of 156% with a year-on-year of 77%. | — | So just to understand if the segregation happens, what likely impact could be there on our top line and bottom line in that sense? |