Multi Commodity Exchange of India (NSE:MCX) EBITDA Margin %: 78.87% (As of Mar. 2026) — 19% Above Median


NSE:MCX Multi Commodity Exchange of India Ltd NSE:MCX
90 GF Score
Price ₹2,831.70
GF Value ₹3,271.66
Valuation Modestly Undervalued
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What is Multi Commodity Exchange of India EBITDA Margin %?

Multi Commodity Exchange of India NSE:MCX -0.31% 90 EBITDA Margin % is 78.87% as of Mar. 2026, which is 19% above its 10-year median of 66.01. GuruFocus rates NSE:MCX with a GF Score™ of 90/100 and a GF Value™ of ₹3,271.66 (Modestly Undervalued). Among 666 Capital Markets companies, Multi Commodity Exchange of India ranks better than 83.63% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Multi Commodity Exchange of India's EBITDA for the three months ended in Mar. 2026 was ₹7,011 Mil. Multi Commodity Exchange of India's Revenue for the three months ended in Mar. 2026 was ₹8,889 Mil. Therefore, Multi Commodity Exchange of India's EBITDA margin for the quarter that ended in Mar. 2026 was 78.87%.


Multi Commodity Exchange of India  (NSE:MCX) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Multi Commodity Exchange of India EBITDA Margin % Related Terms


Multi Commodity Exchange of India EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Multi Commodity Exchange of India's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Multi Commodity Exchange of India EBITDA Margin % Chart

Multi Commodity Exchange of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.86 47.44 23.68 68.63 76.83

Multi Commodity Exchange of India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.26 73.36 71.80 78.90 78.87

NSE:MCX vs SPGI, CME, ICE: EBITDA Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, Multi Commodity Exchange of India's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Multi Commodity Exchange of India EBITDA Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Multi Commodity Exchange of India's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Multi Commodity Exchange of India's EBITDA Margin % falls into.


NSE:MCX
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Multi Commodity Exchange of India Ltd NSE:MCX
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Multi Commodity Exchange of India EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Multi Commodity Exchange of India's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=17687.3/23020
=76.83 %

Multi Commodity Exchange of India's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=7010.8/8889.4
=78.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 78.87% mean?
Multi Commodity Exchange of India (NSE:MCX) has a EBITDA Margin % of 78.87% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Multi Commodity Exchange of India and its competitors. This is 19% above median its historical median of 66.01. Over the past decade, Multi Commodity Exchange of India's EBITDA Margin % has ranged from 23.68 to 82.94. According to the industry distribution chart, Multi Commodity Exchange of India ranks #109 out of 666 companies in the Capital Markets industry, placing it in the top 16.4%.
Is Multi Commodity Exchange of India's EBITDA Margin % too high?
Multi Commodity Exchange of India's current EBITDA Margin % of 78.87% is 19% above median its 10-year median of 66.01. Over the past 10 years, this metric has ranged from a low of 23.68 to a high of 82.94. The Capital Markets industry median EBITDA Margin % is 20.73. Multi Commodity Exchange of India's value of 78.87% is 280.5% above this industry median. Based on the distribution chart, Multi Commodity Exchange of India ranks #109 out of 666 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Multi Commodity Exchange of India has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multi Commodity Exchange of India's EBITDA Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Multi Commodity Exchange of India ranks #109 out of 666 companies for EBITDA Margin %. This places Multi Commodity Exchange of India in the top 16% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 20.73. Multi Commodity Exchange of India's value of 78.87% is 280.5% above this benchmark. Historically, Multi Commodity Exchange of India's own EBITDA Margin % has ranged from 23.68 to 82.94 over the past decade. While the company's 10-year median is 66.01 vs. the industry median of 20.73, Multi Commodity Exchange of India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Capital Markets company?
The median EBITDA Margin % among Capital Markets companies is 20.73, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Multi Commodity Exchange of India's current EBITDA Margin % of 78.87% is 280.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Multi Commodity Exchange of India and its competitors. For the Capital Markets industry, the median EBITDA Margin % is 20.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi Commodity Exchange of India's current EBITDA Margin % is 78.87%, which is 19% above median its own 10-year median of 66.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi Commodity Exchange of India stock overvalued right now?
Based on GuruFocus' analysis, Multi Commodity Exchange of India (NSE:MCX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,271.66, compared to a current price of ₹2,831.70 — trading 13.4% below its estimated fair value. The current EBITDA Margin % is 78.87%, which is 19% above median its 10-year median of 66.01 and 280.5% above the Capital Markets industry median of 20.73. Multi Commodity Exchange of India's overall GF Score™ is 90/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Multi Commodity Exchange of India (NSE:MCX), the current EBITDA Margin % is 78.87% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Multi Commodity Exchange of India (NSE:MCX) Overvalued in 2026?

Based on GuruFocus' analysis, Multi Commodity Exchange of India stock appears to be undervalued. The current stock price of ₹2,831.70 is trading 13.4% below its estimated GF Value™ of ₹3,271.66. GuruFocus considers Multi Commodity Exchange of India to be Modestly Undervalued.

Key valuation signals for NSE:MCX:

  • EBITDA Margin %: 78.87% (19% above median its 10-year median of 66.01)
  • GF Value™: ₹3,271.66 vs. price of ₹2,831.70 (13.4% below fair value)
  • GF Score™: 90/100
  • Industry Position: 280.5% above the Capital Markets median (#109 of 666)

No single metric tells the full story. See the NSE:MCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Multi Commodity Exchange of India Business Description

Other Exchanges 534091:India
Address Suren Road, Exchange Square, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments and other miscellaneous income.
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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,831.70
Price
₹3,271.66
GF Value