Multi Commodity Exchange Of India Limited · NSE:MCX
Multi Commodity Exchange Of India — Q3 FY2023-24 Earnings Presentation
19 slides from Multi Commodity Exchange Of India's earnings presentation, January 2024
Slide 1: Q3 FY 23-24
Q3 FY 23-24 www.mcxindia.com 1
Slide 2: Consolidated Highlights Q3 FY2023-24
C O N S O L I D AT E D H I G H L I G H T S Q 3 F Y 2 3 - 2 4 ADT FUT: Rs. 20,796 Cr.(14%) OPERATING REVENUE Total Revenue (Rs. 24,265 Cr.) Rs.191.53 Cr. 33% Rs.209.26 Cr. 28% OPT: Rs.95,989 Crs. 144% (Rs.143.57 Cr.) (Rs.163.65 Cr.) (Rs.39,402 Crs.) PAT EBIDTA SGF Rs. -5.35 Cr. 114% Rs. -1.97 Cr. 104
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) EBIDTA (IN RS. CRORE) PAT (IN RS. CRORE) www.mcxindia.com 3
Slide 4: Commodity Derivatives Market
C O M M O D I T Y D E R I VAT I V E S M A R K E T INDIAN COMMODITIES MARKET IN TERMS OF VALUE COMMODITY FUTURES MARKET SHARE OF FUTURES & OPTIONS TRADED (INR TN) FY23-24 (Apr-Dec) FUTURES MARKET SHARE IN KEY SEGMENTS MCX COMMODITIES FUTURES TURNOVER FY23-24 (Apr-Dec) FY23-24 (Apr-Dec) MCX Market Sha
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 550 Members 40,047 Authorised Persons 691 cities/towns across India #No. of UCCs : 1,44,84,585 All data as on December 31, 2023 ; # Unique Client Code ADT - FUTURES (INR Crore) ADT - OPTIONS (INR Crore
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.)* FUT & OPT Q3 FY 23-24 Q2 FY 23-24 Q3 FY 22-23 FY23-24# FY22-23 BULLION 21,297 19,724 13,680 20,346 13,043 ENERGY 91,879 82,758 44,801 78,550 40,392 BASE METALS 1,748 2,098 4,060 2,025 3,684 AGRI 16 23 64 22 84 INDEX 22 33
Slide 7: Operational Highlights (contd)
O P E R AT I O N A L H I G H L I G H T S … ( c o n t d ) Participation Q3 FY 23-24 Q2 FY 23-24 Q3 FY 22-23 details Futures Options** Futures Options** Futures Options** CLIENT 52.26 45.62 52.56 46.96 53.32 50.74 TRADING % Q3 Q2 Q3 TRADED UCC## FY23-24# FY22-23 FY21-22 FY 23-24 FY 23-24 FY 22-23 FUTU
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 3.5 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
Slide 9: Key Growth Drivers
KEY GROWTH DRIVERS Distribution • Banks sponsored broking entities are allowed to provide services in commodity derivatives market • Banks are allowed to serve as Professional Clearing Members (PCM) • 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 Go Live of new Commodity Derivatives Platform on Oct 16, 2023 Launch of Mini Base Metal and Energy Products (Deliverable) Launched trading in iCOMDEX Sectoral Index futures • Licensing agreement • Sign MoU with CME Group Empaneled domestic refiners for good delivery
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 DECEMBER 31, 2023 MAJOR SHAREHOLDERS HOLDING > 1% Sr. Name of the shareholder # % No. 1 Kotak Mahindra Bank Ltd 14.99% 2 WF Asian Smaller Companies Fund Limited 4.94% 3 Parag Parikh Flexi Cap Fund 4.88% Nippon Life India Trustee Ltd-A/C Nippon 4 3
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. CHANDRA SHEKHAR VERMA, Public Interest MR. ASHUTOSH VAIDYA, Public Interest Director Interest Director Director Former Chief Delivery and Operations Officer, Dell Executive Chairman of Capital
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. Former Chief Operating Officer of a group Previously with Indian Financial Tec
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. 759.09 cr. Has a paid-up share capital of Rs. 24
Slide 16: Financial Overview
FINANCIAL OVERVIEW www.mcxindia.com 16
Slide 17: Financial Highlights Q3 FY23-24
FINANCIAL HIGHLIGHTS Q3 FY23-24 INCOME STATEMENT (CONSOLIDATED) INR in Crore, except for per share amounts Q3 FY2024 Q3 FY2023 Q2 FY2024 (Unaudited) (Unaudited) (Unaudited) Revenue from Operations 191.53 143.57 165.11 Other Income 17.73 20.08 18.91 Total Revenue 209.26 163.65 184.02 Employee Cost 28
Slide 18: Financial Highlights 9M FY23-24
FINANCIAL HIGHLIGHTS 9M FY23-24 INCOME STATEMENT (CONSOLIDATED) INR in Crore, except for per share amounts 9M FY 2024 9M FY 2023 (Unaudited) (Unaudited) Revenue from Operations 502.41 379.76 Other Income 57.08 47.58 Total Revenue 559.49 427.34 Employee Cost 81.63 68.48 Other Operating Expenditure 45
Slide 19: 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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