Multi Commodity Exchange of India Limited (NSE: MCX)

MCX Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	7,722	6,836	5,135	3,668	3,906	3,978
Other Revenue	737.7	753.9	656.3	602.3	1,031	1,052
Revenue	8,459	7,589	5,791	4,270	4,936	5,031
Revenue Growth (YoY)	34.42%	31.05%	35.62%	-13.49%	-1.88%	27.34%
Cost of Revenue	54.6	-	13.6	15.2	17	25.8
Gross Profit	8,405	7,589	5,778	4,255	4,919	5,005
Selling, General & Admin	4,784	5,374	3,208	1,695	1,652	1,745
Other Operating Expenses	1,021	818	395.5	275.4	376.5	423.7
Operating Expenses	6,255	6,552	3,820	2,198	2,249	2,350
Operating Income	2,149	1,038	1,958	2,058	2,670	2,655
Interest Expense	-2.2	-2.7	-2.1	-2.4	-1.9	-1.6
Interest & Investment Income	-	-	-	5.9	-	-
Earnings From Equity Investments	0.9	-15.2	-49.8	-12.7	0.9	0.4
Currency Exchange Gain (Loss)	-	-	-0.4	-2.6	-1.5	0.1
EBT Excluding Unusual Items	2,148	1,020	1,906	2,046	2,668	2,654
Gain (Loss) on Sale of Assets	-	-	-	-1	-	0.2
Asset Writedown	-	-	-	-204.3	-	-
Pretax Income	2,148	1,020	1,906	1,840	2,668	2,654
Income Tax Expense	404.2	188.7	416	405.9	415.3	288.7
Earnings From Continuing Operations	1,744	831.1	1,490	1,435	2,252	2,365
Net Income	1,744	831.1	1,490	1,435	2,252	2,365
Net Income to Common	1,744	831.1	1,490	1,435	2,252	2,365
Net Income Growth	37.12%	-44.21%	3.85%	-36.31%	-4.77%	61.72%
Shares Outstanding (Basic)	51	51	51	51	51	51
Shares Outstanding (Diluted)	51	51	51	51	51	51
Shares Change (YoY)	0.21%	0.17%	-	-	0.03%	0.04%
EPS (Basic)	34.19	16.30	29.27	28.18	44.25	46.48
EPS (Diluted)	34.19	16.30	29.27	28.18	44.25	46.48
EPS Growth	36.82%	-44.30%	3.85%	-36.31%	-4.81%	61.67%
Free Cash Flow	-	3,777	701.5	3,093	-2,055	4,215
Free Cash Flow Per Share	-	74.07	13.78	60.77	-40.37	82.82
Dividend Per Share	-	7.640	19.090	17.400	27.600	30.000
Dividend Growth	-	-59.98%	9.71%	-36.96%	-8.00%	50.00%
Gross Margin	99.35%	100.00%	99.77%	99.64%	99.66%	99.49%
Operating Margin	25.41%	13.67%	33.81%	48.18%	54.09%	52.77%
Profit Margin	20.61%	10.95%	25.72%	33.59%	45.63%	47.01%
Free Cash Flow Margin	-	49.76%	12.11%	72.43%	-41.63%	83.78%
EBITDA	2,565	1,397	2,091	2,178	2,801	2,769
EBITDA Margin	30.32%	18.41%	36.10%	51.00%	56.75%	55.04%
D&A For EBITDA	415.98	359.3	132.6	120.4	131.4	114.5
EBIT	2,149	1,038	1,958	2,058	2,670	2,655
EBIT Margin	25.41%	13.67%	33.81%	48.18%	54.09%	52.77%
Effective Tax Rate	18.82%	18.50%	21.83%	22.05%	15.57%	10.88%
Revenue as Reported	8,459	7,589	5,812	4,333	4,943	5,031
Advertising Expenses	-	-	22.5	21.7	22.8	63.3

Source: S&P Capital IQ. Standard template. Financial Sources.