Multi Commodity Exchange Of India Limited · NSE:MCX
Multi Commodity Exchange Of India — Q1 FY2023-24 Earnings Presentation
17 slides from Multi Commodity Exchange Of India's earnings presentation, Jul 29, 2023
Slide 1: Q1 FY 23-24
Q1 FY 23-24 www.mcxindia.com 1
Slide 2: Consolidated Highlights Q1 FY23-24
C O N S O L I D AT E D H I G H L I G H T S Q 1 F Y 2 3 - 2 4 ADT FUT:Rs.21,413 Cr. (15%) OPERATING REVENUE TOTAL REVENUE (Rs.25,234 Cr.) Rs.145.77 Cr. 34% Rs.166.21 Cr. 41% OPT:Rs.61,928 Cr. 217% (Rs.108.79 Cr.) (Rs.118.05 Cr.) (Rs.19,539 Cr.) PAT EBIDTA SGF Rs.19.66 Cr. (53) % Rs.31.13 Cr. (47)% Rs
Slide 3: 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) 600.00 513.51 500.00 400.00 300.00 200.00 145.77 133.75 108.79 100.00 - Q1 FY 24 Q4 FY 23 Q1 FY 23 FY 23 EBIDTA (IN RS. CRORE) PAT (IN RS. CRORE) www.mcxindia.com 3
Slide 4: Commodity Futures Market
COMMODITY FUTURES MARKET INDIAN COMMODITIES MARKET IN TERMS OF VALUE COMMODITY FUTURES MARKET SHARE OF FUTURES TRADED (INR TN) Q1 FY23-24 MARKET SHARE IN KEY SEGMENTS FOR Q1FY23-24 MCX COMMODITIES FUTURES TURNOVER % Q1FY23-24 MCX Market Share in Commodity Proportion of Indian Commodity Segment MCX’s
Slide 5: 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 556 Members 47,573 Authorised Persons 706 cities/towns across India #No. of UCCs : 1,00,99,457 All data as on June 30, 2023 ; # Unique Client Code ADT - FUTURES (INR Crore) ADT - OPTIONS (INR Crore) ww
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 (Rs. in Crs.)* Cumulative Delivery Details# FUTURES Q1 FY 23-24 Q1 FY 22-23 FY22-23 FY21-22 (Since Inception) BULLION 12,918.7 9,788.6 10,971.8 10,253.4 ENERGY 6,189.3 11,821.0 8,675.5 9,310.1 Start Commodities Units Quantity BASE METAL
Slide 7: 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 8: 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 9: 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 10: 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 11: Shareholding Highlights
SHAREHOLDING HIGHLIGHTS SHAREHOLDING STRUCTURE AS ON June 30, 2023 MAJOR SHAREHOLDERS HOLDING > 1% Sr. Name of the shareholder % No. 1 Kotak Mahindra Bank Ltd 14.99% 2 PPFAS Mutual Fund* 4.98% WF Asian Smaller Companies Fund 3 4.95% Limited 4 SBI Mutual Fund* 4.78% 5 Nippon India Mutual Fund* 4.58%
Slide 12: 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 13: Experienced Management Leadership
EXPERIENCED MANAGEMENT LEADERSHIP MR. MANOJ JAIN, Chief Operating Officer (COO) MR. SATYAJEET BOLAR, Chief Financial Officer DR. RAJENDRAN NARAYANAN, Chief Digital ▪ Previously with Axis Bank, IL&FS Sec. Ser. Ltd., ▪ Former Chief Operating Officer of a group Officer# NTT Data, Wipro, ICRA and SEBI.
Slide 14: 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. 604.46 cr. ❖ Has a paid-up share capital of Rs. 24
Slide 15: Financial Overview
FINANCIAL OVERVIEW www.mcxindia.com 15
Slide 16: Financial Highlights – Q1 FY23-24
FINANCIAL HIGHLIGHTS – Q1 FY23-24 INCOME STATEMENT (CONSOLIDATED) INR in Crore, except for per share amounts Q1 FY 2024 Q4 FY 2023 Q1 FY 2023 (Unaudited) (Audited) (Unaudited) Revenue from operations 145.77 133.75 108.79 Other income 20.44 20.08 9.26 Total Revenue 166.21 153.83 118.05 Employee cost
Slide 17: 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
Multi Commodity Exchange of India — Q1 FY2023-24 Earnings Presentation on 6ix