Multi Commodity Exchange of India Limited (NSE:MCX)
India flag India · Delayed Price · Currency is INR
3,262.60
+53.60 (1.67%)
Sep 22, 2026, 3:15 PM IST

NSE:MCX Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, NSE:MCX stock has a consensus rating of "Buy" and an average price target of ₹3,391. The average 1-year stock price forecast is 3.94% higher than the current stock price, while the lowest is ₹2,825 (-13.41%) and the highest is ₹3,835 (+17.54%).

Price Target: ₹3,391 (+3.94%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹2,825₹3,391₹3,500₹3,835
Change-13.41%+3.94%+7.28%+17.54%
* Price targets were last updated on Jul 1, 2026.

Analyst Ratings

The average analyst rating for NSE:MCX stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy766789
Buy222244
Hold244422
Sell001100
Strong Sell000000
Total111213141415

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Jefferies
No rating
Jefferies
Buy
Initiates
₹3,600
BuyInitiates₹3,600+10.34%Jul 1, 2026

Financial Forecast

Revenue This Year
29.51B
from 24.20B
Increased by 21.95%
Revenue Next Year
34.98B
from 29.51B
Increased by 18.55%
EPS This Year
67.85
from 52.22
Increased by 29.93%
EPS Next Year
80.80
from 67.85
Increased by 19.09%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
4.27B5.79B7.52B11.97B24.20B29.51B
Revenue Growth
-13.49%35.62%29.93%59.06%102.19%21.95%
Gross Profit
4.26B5.78B7.12B11.27B23.11B26.68B
Gross Margin
99.64%99.77%94.58%94.13%95.49%90.40%
Operating Income
2.06B1.96B1.02B6.95B16.95B20.71B
Net Income
1.43B1.49B831.10M5.60B13.32B17.22B
EPS
----52.2267.85
EPS Growth
----137.75%29.93%
Forward PE
39.8345.1344.5842.5440.1548.09
Dividend / Share
3.483.821.536.008.0035.91
Dividend Growth
-36.96%9.71%-59.98%292.67%33.33%348.87%
Free Cash Flow
----29.62B22.70B
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High31.8B
Avg29.5B
Low27.0B

Revenue Growth

Revenue Growth202720282029
High
31.6%
Avg
22.0%
Low
11.6%

EPS Forecast

EPS202720282029
High78.60
Avg67.85
Low60.83

EPS Growth

EPS Growth202720282029
High
50.5%
Avg
29.9%
Low
16.5%