Multi Commodity Exchange of India Limited vs Indian Energy Exchange Limited
An objective side-by-side of MCX and IEX, both in Exchange and Data Platform: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-11-12 close
Latest results: MCX Dec 2025 · IEX Sep 2026
At a glance
- Multi Commodity Exchange of India Limited is the larger company by market value, about 9.0 times the size of Indian Energy Exchange Limited.
- Over three years Multi Commodity Exchange of India Limited has grown profits faster (108% a year against 19%).
- Over the past year the share prices returned +95.9% (MCX) and -16.5% (IEX).
| Metric | Multi Commodity MCX |
Indian Energy IEX |
|---|---|---|
| Size and price | ||
| Market cap | ₹92,254 Cr | ₹10,264 Cr |
| Share price | ₹3,624.70 | ₹115.36 |
| Valuation | ||
| P/E | 98.43 | — |
| P/B | 32.39 | 7.03 |
| EV/EBITDA | 78.22 | — |
| PEG | 0.91 | — |
| Dividend yield | 0.2% | 3.0% |
| Profitability | ||
| ROE | 32.9% | — |
| ROCE | 71.0% | 51.0% |
| Operating margin | 64.7% | — |
| Sales (TTM) | ₹1,824 Cr | — |
| Net profit (TTM) | ₹937 Cr | — |
| Growth | ||
| Latest quarter sales YoY | +114.9% | — |
| Latest quarter profit YoY | +150.6% | — |
| Sales CAGR 3Y | +65.0% | +15.0% |
| Profit CAGR 3Y | +108.0% | +19.0% |
| Sales CAGR 5Y | +43.0% | +14.0% |
| Profit CAGR 5Y | +49.0% | +20.0% |
| Financial strength | ||
| Debt/Equity | 0.00 | — |
| Ownership | ||
| Promoter holding | 0.0% | 0.0% |
| Promoter change (4 qtrs) | — | +0.00 pp |
| Price performance | ||
| Return 1M | +6.92% | +10.53% |
| Return 3M | +25.21% | -8.44% |
| Return 1Y | +95.92% | -16.49% |
| Return YTD | +62.75% | -14.05% |
| Technical condition | ||
| Technical score | 92 | 67 |
| RS rating (1-99) | 91.00 | 37.00 |
| % vs 200-DMA | +25.38% | -4.81% |
| RSI (14) | 65.46 | 62.56 |
| % from 52-week high | -0.56% | -28.02% |
