Multi Commodity Exchange Of India Limited · NSE:MCX
Multi Commodity Exchange Of India — Q2 FY2023-24 Earnings Presentation
20 slides from Multi Commodity Exchange Of India's earnings presentation, November 2023
Slide 1: Q2 FY 23-24
Q2 FY 23-24 www.mcxindia.com 1
Slide 2: Consolidated Highlights Q2 FY 23-24
C O N S O L I D AT E D H I G H L I G H T S Q 2 F Y 23 - 24 ADT FUT:Rs. 18,763 Cr. (22)% OPERATING REVENUE TOTAL REVENUE (Rs. 23,917 Cr.) Rs.165.11 Cr. 30% Rs.184.02 Cr. 26% OPT:Rs. 85,873 Cr. (Rs.145.64 Cr.) 174% (Rs.127.40 Cr.) (Rs. 31,381 Cr.) PAT EBIDTA SGF Rs.(19.07) Cr. 130% Rs.(9.79) Cr. 112%
Slide 3: Consolidated Highlights HY FY 23-24
C O N S O L I D AT E D H I G H L I G H T S H Y F Y 23 - 24 ADT FUT:Rs.20,088 Cr. (18)% OPERATING REVENUE TOTAL REVENUE (Rs.24,571 Cr.) Rs.310.88 Cr. 32% Rs.350.23 Cr. 33% OPT:Rs.73,901 Cr. (Rs.263.68 Cr.) 190% (Rs.236.18 Cr.) (Rs.25,506 Cr.) PAT EBIDTA SGF Rs.0.59 Cr. 99% Rs.21.34 Cr. 85% Rs.685.98
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) 600.00 700.00 513.51 581.17 600.00 500.00 500.00 400.00 310.88 400.00 350.23 300.00 236.18 300.00 263.68 200.00 165.11 184.02 127.40 145.77 200.00 166.21 145.64 100.00 100.00 0.00 0.00 Q2 F
Slide 5: Commodity Futures Market
COMMODITY FUTURES MARKET INDIAN COMMODITIES MARKET IN TERMS OF VALUE COMMODITY FUTURES MARKET SHARE OF FUTURES TRADED (INR TN) H1 FY23-24 MARKET SHARE IN KEY SEGMENTS FOR H1 FY23-24 MCX COMMODITIES FUTURES TURNOVER % H1 FY23-24 MCX Market Share in Commodity Proportion of Indian Commodity Segment MCX
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 552 Members 43,139 Authorised Persons 709 cities/towns across India #No. of UCCs : 1,39,54,498 All data as on September 30, 2023 ; # Unique Client Code ADT - FUTURES (INR Crore) ADT - OPTIONS (INR Cror
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 Q2 FY 23-24 Q2 FY 22-23 FY22-23 FY21-22 (Since Inception) BULLION 11,162.12 10,499.93 10,971.8 10,253.4 ENERGY 5,465.36 9,194.04 8,675.5 9,310.1 Start 3,696.3 5,846.8 Commodities Units
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 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 SEPTEMBER 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% 3 WF Asian Smaller Companies Fund Limited 4.95% 4 SBI Mutual Fund* 4.78% 5 Nippon India Mutual Fund* 4
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. Ltd., ▪ Former Chief Operating Officer of a group ▪ Previously with Indian Finan
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. 685.98 cr. ❖ Has a paid-up share capital of Rs. 24
Slide 16: Financial Overview
FINANCIAL OVERVIEW www.mcxindia.com 16
Slide 17: Financial Highlights – Q2 FY24
F I NAN C IAL H I G H LI G H T S – Q 2 F Y 2 0 2 4 INCOME STATEMENT (CONSOLIDATED) INR in Crore, except for per share amounts Q2 FY2024 Q1 FY2024 Q2 FY2023 (Unaudited) (Unaudited) (Unaudited) Revenue from Operations 165.11 145.77 127.40 Other Income 18.91 20.44 18.24 Total Revenue 184.02 166.21 145.
Slide 18: Financial Highlights – HY FY24
F I NAN C IAL H I G H LI G H T S – H Y 2 0 2 4 INCOME STATEMENT (CONSOLIDATED) INR in Crore, except for per share amounts HY 2024 HY 2023 (Unaudited) (Unaudited) Revenue from Operations 310.88 236.18 Other Income 39.35 27.50 Total Revenue 350.23 263.68 Employee Cost 52.64 45.59 Other Operating Expen
Slide 19: Balance Sheet (Consolidated)
BALANCE SHEET (CONSOLIDATED) Rs. In Crore As on As on Particular September 30, 2023 March 31, 2023 Assets Fixed Assets 370.19 318.70 Non Current Investment & Loan and advances 1,439.10 1,078.10 Current Assets 572.85 448.08 Cash & Bank balance included in Current Assets 2,449.01 1,177.86 TOTAL Assets
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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