Multi Commodity Exchange Of India Limited · NSE:MCX
Multi Commodity Exchange Of India — Q4 FY2023 Earnings Presentation
20 slides from Multi Commodity Exchange Of India's earnings presentation, May 2023
Slide 1: Q4 FY 22-23
Q4 FY 22-23 www.mcxindia.com 1
Slide 2: Consolidated Highlights FY 2023
C O N S O L I D AT E D H I G H L I G H T S F Y 2 0 2 3 ADT FUT- ₹ 23,514 Cr. (10%) OPERATING REVENUE TOTAL REVENUE (₹ 26,178 Cr.) ₹ 513.51 Cr. 40% ₹ 581.17 Cr. 34% OPT- ₹ 33,998 Cr. 333% (₹ 366.81 Cr.) (₹ 433.31 Cr.) (₹ 7,860 Cr.) PAT EBIDTA SGF ₹ 148.97 Cr. 4% ₹ 217.35 Cr. (5%) ₹ 589.67 Cr.* (₹ 143
Slide 3: Consolidated Highlights Q4 FY 2023
C O N S O L I D AT E D H I G H L I G H T S Q 4 F Y 2 0 2 3 ADT FUT- ₹ 20,632 Cr. (22)% OPERATING REVENUE Total Revenue (₹ 26,369 Cr.) ₹ 133.75 Cr. 26% ₹ 153.83 Cr. 27% OPT- ₹ 45,710 Cr. 203% (₹ 121.04 Cr.) (₹ 106.46 Cr.) (₹ 15,065 Cr.) PAT EBIDTA SGF ₹ 5.45 Cr. (85%) ₹ 22.15 Cr. (67%) ₹ 589.67 Cr.*
Slide 4: Consolidated Key Financials
C O N S O L I D AT E D K E Y F I N A N C I A L S OPERATING REVENUE (IN RS. CRORE) TOTAL REVENUE (IN RS. CRORE) Operating Revenue Total Revenue 600.00 700.00 513.51 581.17 600.00 500.00 500.00 433.31 400.00 366.81 400.00 300.00 300.00 200.00 143.57 200.00 153.83 163.65 133.75 106.46 121.04 100.00 100
Slide 5: Commodity Futures Market
COMMODITY FUTURES MARKET INDIAN COMMODITIES MARKET IN TERMS OF VALUE COMMODITY FUTURES MARKET SHARE OF FUTURES TRADED (INR TN) FY22-23 MARKET SHARE IN KEY SEGMENTS FOR FY22-23 MCX COMMODITIES FUTURES TURNOVER % FY22-23 MCX Market Share in Commodity Proportion of Indian Commodity Segment MCX’s turnov
Slide 6: Operational Highlights
O P E R AT I O N A L H I G H L I G H T S AVERAGE DAILY TURNOVER (ADT)* (INR Crore) EXTENSIVE REACH 548 Members 50,228 Authorised Persons 700 cities/towns across India #No. of UCCs : 95,91,805 All data as on March 31, 2023 ; # Unique Client Code ADT - FUTURES (INR Crore) ADT - OPTIONS (INR Crore) www
Slide 7: Operational Highlights
O P E R AT I O N A L H I G H L I G H T S Average Daily Turnover (Rs. in Crs.)* Cumulative Delivery Details# FUTURES Q4 FY 22-23 Q4 FY 21-22 FY22-23 FY21-22 (Since Inception) BULLION 11,881.9 10,228.9 10,971.8 10,253.4 ENERGY 5,407.3 10,175.4 8,675.5 9,310.1 Start Commodities Units Quantity BASE META
Slide 8: Deliverable Metal Contracts
D E L I V E R A B L E M E TA L C O N T R A C T S Witnessed deliveries of over 3 lakh tonnes of metals since their transition into compulsory delivery contracts Has designated warehouses in Thane, Raipur, Chennai, Kolkata and National Capital Region (NCR) Delivery (all variants) details:- (in t
Slide 9: Key Growth Drivers
KEY GROWTH DRIVERS • Banks sponsored broking entities are allowed to provide services in commodity derivatives market • Banks are allowed to serve as Professional Clearing Members (PCM) Distribution • Integration of brokers: fungibility enabled at members level, resulting in ease of doing businesses
Slide 10: Key Milestones
K E Y M I L E S TO N E S Live with new version of trading software, enabling trade in negative prices Launched trading in iCOMDEX Sectoral Index futures • Licensing agreement • Sign MoU with CME Group Empaneled domestic refiners for good delivery of gold & Lead with LME • Change in Top Managem
Slide 11: Investment Criteria
INVESTMENT CRITERIA Ensure that all shareholders are ‘fit and proper’ Shareholders who intend to acquire beyond five per cent would have to take a prior approval from SEBI Exchange to ensure 51 per cent of shareholding is held by the public at all times Aggregate Shareholding of trading memb
Slide 12: Shareholding Highlights
SHAREHOLDING HIGHLIGHTS SHAREHOLDING STRUCTURE AS ON March 31, 2023 MAJOR SHAREHOLDERS HOLDING > 1% Sr. Name of the shareholder % No. Others QUALIFIED BODIES 1 Kotak Mahindra Bank Ltd 14.99% 2.30% INSTITUTIONAL BUYER CORPORATES 2.62% 2.35% 2 PPFAS Mutual Fund* 4.98% 3 WF Asian Smaller Companies Fund
Slide 13: Experienced Board of Directors
E X P E R I E N C E D B O A R D O F D I R E C TO R S # DR. HARSH KUMAR BHANWALA, Chairman & Public MR. SHANKAR AGGARWAL, Public Interest Director MR. CHANDRA SHEKHAR VERMA, Public Interest Interest Director Former Secretary to the Ministry of Labour and Director Executive Chairman of Capital Ind
Slide 14: Experienced Management Leadership
EXPERIENCED MANAGEMENT LEADERSHIP MR. MANOJ JAIN, Chief Operating Officer (COO) MR. SATYAJEET BOLAR, Chief Financial Officer DR. RAJENDRAN NARAYANAN, Chief Digital Officer# Previously with Axis Bank, IL&FS Sec. Ser. Ltd., Former Chief Operating Officer of a group Previously with Indian Financi
Slide 15: Multi Commodity Exchange Clearing Corporation Limited (MCXCCL)
MULTI COMMODITY EXCHANGE CLEARING CORPORATION LIMITED (MCXCCL) - India’s First Clearing Corporation in Commodity Derivatives Market 100% subsidiary of MCX Commenced operations on September 03, 2018 Settlement Guarantee Fund (SGF) corpus is Rs. 589.67 cr. Has a paid-up share capital of Rs. 24
Slide 16: Financial Overview
FINANCIAL OVERVIEW www.mcxindia.com 16
Slide 17: Financial Highlights – Q4 FY2023
FINANCIAL HIGHLIGHTS – Q4 FY2023 INCOME STATEMENT (CONSOLIDATED) INR in Crore, except for per share amounts Q4 FY2023 Q4 FY2022 Q3 FY2023 (Audited) (Audited) (Unaudited) Revenue from operations 133.75 106.46 143.57 Other income 20.08 14.58 20.08 Total Revenue 153.83 121.04 163.65 Employee cost 23.42
Slide 18: Financial Highlights – FY 2023
FINANCIAL HIGHLIGHTS –FY 2023 INCOME STATEMENT (CONSOLIDATED) INR in Crore, except for per share amounts FY2023 FY2022 (Audited) (Audited) Revenue from operations 513.51 366.81 Other income 67.66 66.50 Total Revenue 581.17 433.31 Employee cost 91.90 80 Other operating expenditure 271.92 124.63 Total
Slide 19: Balance Sheet (Consolidated)
BALANCE SHEET (CONSOLIDATED) ₹ In Crore Particular As on Mar 23 As on Mar 22 Assets Fixed Assets 319 251 Non Current Investment & Loan and advances 1,078 727 Current Assets 1,626 1,822 Cash & Bank balance included in Current Assets 1178 975 TOTAL Assets 3,023 2,800 Equity and Liabilities Shareholder
Slide 20: Disclaimer
DISCLAIMER Certain statements in this presentation contain forward-looking information about Multi Commodity Exchange of India Limited and its subsidiary companies, including their business operations, strategy and expected financial performance and condition. Forward-looking statements include stat
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