Multi Commodity Exchange of India (NSE:MCX) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


NSE:MCX Multi Commodity Exchange of India Ltd NSE:MCX
97 GF Score
Price ₹2,814.00
GF Value ₹3,312.27
Valuation Modestly Undervalued
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What is Multi Commodity Exchange of India Dividend Payout Ratio?

Multi Commodity Exchange of India NSE:MCX -3.74% 97 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates NSE:MCX with a GF Score™ of 97/100 and a GF Value™ of ₹3,312.27 (Modestly Undervalued). Among 327 Capital Markets companies, Multi Commodity Exchange of India ranks better than 81.35% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Multi Commodity Exchange of India's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Multi Commodity Exchange of India's Dividend Payout Ratio or its related term are showing as below:

NSE:MCX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.68   Max: 1.36
Current: 0.15


During the past 13 years, the highest Dividend Payout Ratio of Multi Commodity Exchange of India was 1.36. The lowest was 0.07. And the median was 0.68.

NSE:MCX's Dividend Payout Ratio is ranked better than
81.35% of 327 companies
in the Capital Markets industry
Industry Median: 0.34 vs NSE:MCX: 0.15

As of today (2026-07-06), the Dividend Yield % of Multi Commodity Exchange of India is 0.21%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Multi Commodity Exchange of India was 2.55%. The lowest was 0.09%. And the median was 1.30%.

Multi Commodity Exchange of India's Dividends per Share for the months ended in Mar. 2026 was ₹0.00.

During the past 12 months, Multi Commodity Exchange of India's average Dividends Per Share Growth Rate was 292.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Multi Commodity Exchange of India was 71.00% per year. The lowest was -34.80% per year. And the median was 17.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Multi Commodity Exchange of India (NSE:MCX) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Multi Commodity Exchange of India Dividend Payout Ratio Related Terms


Multi Commodity Exchange of India Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Multi Commodity Exchange of India's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Multi Commodity Exchange of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.71 1.36 0.07 0.12

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
Dividend Payout Ratio 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 0.00 0.00 0.78 0.00 0.00

NSE:MCX vs SPGI, CME, MCO: Dividend Payout Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Multi Commodity Exchange of India's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Capital Markets Industry

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

* The bar in red indicates where Multi Commodity Exchange of India's Dividend Payout Ratio falls into.


NSE:MCX
97GF Score
Multi Commodity Exchange of India Ltd NSE:MCX
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Multi Commodity Exchange of India Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Multi Commodity Exchange of India's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=6/ 52.22
=0.11

Multi Commodity Exchange of India's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 20.78
=0.00

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Multi Commodity Exchange of India (NSE:MCX) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Multi Commodity Exchange of India and its competitors. Over the past decade, Multi Commodity Exchange of India's Dividend Payout Ratio has ranged from 0.07 to 1.36. According to the industry distribution chart, Multi Commodity Exchange of India ranks #61 out of 327 companies in the Capital Markets industry, placing it in the top 18.7%.
Is Multi Commodity Exchange of India's Dividend Payout Ratio too high?
Multi Commodity Exchange of India's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.36. Based on the distribution chart, Multi Commodity Exchange of India ranks #61 out of 327 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 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multi Commodity Exchange of India's Dividend Payout Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Multi Commodity Exchange of India ranks #61 out of 327 companies for Dividend Payout Ratio. This places Multi Commodity Exchange of India in the top 19% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.34. Historically, Multi Commodity Exchange of India's own Dividend Payout Ratio has ranged from 0.07 to 1.36 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Capital Markets company?
The median Dividend Payout Ratio among Capital Markets companies is 0.34, based on 327 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Multi Commodity Exchange of India and its competitors. For the Capital Markets industry, the median Dividend Payout Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi Commodity Exchange of India's current Dividend Payout Ratio is 0.00. 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 ₹3,312.27, compared to a current price of ₹2,814.00 — trading 15% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Multi Commodity Exchange of India's overall GF Score™ is 97/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Multi Commodity Exchange of India (NSE:MCX), the current Dividend Payout Ratio is 0.00 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 ₹2,814.00 is trading 15% below its estimated GF Value™ of ₹3,312.27. GuruFocus considers Multi Commodity Exchange of India to be Modestly Undervalued.

Key valuation signals for NSE:MCX:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ₹3,312.27 vs. price of ₹2,814.00 (15% below fair value)
  • GF Score™: 97/100

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.
97GF Score

Get the complete analysis for NSE:MCX

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,814.00
Price
₹3,312.27
GF Value