National Commodity And Derivatives Exchange Limited

Last Traded Price : ₹447

About

National Commodity & Derivatives Exchange Limited (NCDEX / the Exchange) is a professionally managed on-line, commodity Exchange, with diverse product offerings setting a benchmark for both agriculture and non agri commodities derivatives segment. NCDEX was incorporated on April 23, 2003 as a public limited company and commenced operations on December 15, 2003 as a recognised association under The Forward Contracts (Regulation) Act, 1952. The Corporate Identity Number of the Exchange is U51909MH2003PLC140116. Effective September 28, 2015, the Exchange became a deemed recognized stock exchange under the Securities Contracts (Regulation) Act, 1956 under the regulation of the Securities and Exchange Board of India (SEBI).

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Fundamental


Company Name :
National Commodity And Derivatives Exchange Limited
Scrip Name :
NCDEX
ISIN No. :
INE127G01010
No. of Outstanding Shares :
50,676,000
PAN No. :
AABCN7696K
Face Value :
₹10.00
EPS :
₹46.59
PE ratio :
9.59
P/S Ratio :
18.56
Market Capitalization :
₹2,265.22 Crore
Book value :
₹143.64
P/BV :
3.11
52 Week High :
₹ 520.00 (15/09/25)
52 Week Low :
₹ 198.00 (27/11/24)
Lifetime High :
₹ 520.00 (15/09/25)
Lifetime Low :
₹ 198.00 (27/11/24)
DRHP Filed ?
Yes
Available on :
NSDL and CDSL
ROFR Require :
Yes
Sector :
Financial Service
CIN :
U51909MH2003PLC140116
Registration Date :
23/04/2003

Balance Sheet (RS in Lakhs)

Particulars 2025 2024
Non-Current Assets
Property, plant and equipment 762 574
Right to use assets 856 1,371
Intangible assets 3,085 3,733
Intangible assets under development 184 446
Investments in Associate and joint ventures 3,454 5,502
Investment in equity instruments 23,888 -
Bank balances 6,650 2,079
Others 190 311
Deferred tax assets (net) 4,666 5,363
Income tax assets (net) 1,449 1,784
Other non-current assets 57 36
Current Assets
Investments 5,477 5,751
Trade receivables 2,251 2,292
Cash and cash equivalents 16,235 9,781
Bank balances other than cash and cash equivalents 49,358 38,150
Others 3,876 4,108
Income tax assets (net) 154 630
Other current assets 1,999 1,434
Investment held for sale in associate - 742
Total Assets 1,24,591 83,828
Equity
Equity share capital 5,068 5,068
Other equity 67,721 40,871
Non Controlling Interest 2,271 1,658
Non-current liabilities
Deposits 869 894
Lease Liabilities 367 966
Provisions 1,043 948
Deferred tax liabilities 3,129 -
Current Liabilities
Deposits 14,230 14,059
Trade payable:
Total Outstanding dues of micro and small enterprises 154 83
Total Outstanding dues of other than above 893 848
Lease Liabilities 599 547
Other Financial liabilities 25,091 14,026
Other current liabilities 1,315 2,305
Provisions 1,266 1,421
Current Tax Liabilities (Net) 575 393
Total Equity and Liabilities 1,24,591 83,828

Profit & Loss Statement (RS in Lakhs)

Particulars 2025 2024
Income
Revenue from operations 8819 9640
Other Income 3387 3966
Total Income 12206 13606
Expenses
Employee benefits expense 9593 9100
Finance cost 100 136
Depreciation & amortization 2509 2462
Technology expenses 4462 4380
Other expenses 3037 2643
Total Expenses 19701 18722
Profit / (loss) before share of JV, exceptional, tax
-7495 -5116
Less: Exceptional items 34400 989
Share of net profit from JV/associates 977 807
Current tax 401 133
Current tax for earlier years 6 9
Deferred tax (credit) 3866 -692
Remeasurement of post?employment benefit obligations -138 -58
Income tax impact on above 5 3
Share of OCI from JV/associate -3 -4
Debt instruments through OCI -39 -24
Profit / (Loss) before share of JV & tax
26905 -4127
Profit / (Loss) before tax
27882 -3320
Profit / (Loss) for the year
23609 -2770
Other comprehensive income for the year (net of tax)
-140 -69
Total comprehensive income for the year
23469 -2839
Profit attributable to
Owners of the parent company 23749 -2606
Non-controlling interests -140 -164
Total Profit after tax 23609 -2770
Basic 46.86 -5.14
Diluted 46.86 -5.14

Cash Flow Statement (RS in Lakhs)

Particulars 2025 2024
Cash Flow from Operating Activities
Profit before tax -3,320 -5,801
Adjustments for:
Depreciation & amortization 2,462 2,512
(Profit) / Loss on sale/scrap of fixed assets (net) -46 -1
(Profit) / Loss on sale of investments -446 -312
Dividend received from associate entity -353 -
Interest income -2,241 -1,963
Share of profit from joint venture and associate -807 -799
Profit on stake sale in associate -579 -
Interest on lease liabilities 136 150
Net gain on sale of investments measured at FVTPL -30 -19
Remeasurement of lease liabilities -26 -
Provision for doubtful debts / ECL 18 1
Sundry balances written off/(written back) 2 -24
Bad debts 4 -
Operating profit before working capital changes -5,226 -6,249
Decrease / (Increase) in trade receivables 860 -284
Decrease / (Increase) in other current assets -335 -479
Decrease / (Increase) in other non-current assets 14 4
Decrease / (Increase) other financial assets 973 -603
Increase / (Decrease) in trade payables 28 10
(Decrease) / Increase in provisions 138 -39
Increase / (Decrease) in financial liabilities -1,746 -1,515
Increase / (Decrease) in other current liabilities 176 -15
(Decrease) / Increase in deposits -504 -557
Cash generated / (used) from operations -5,623 -9,727
Movement in Core SGF 1,848 122
Direct taxes (paid) / refund (net) -1,767 -84
Net cash generated / (used) in operating activities -5,541 -9,689
Cash Flow from Investing Activities
Purchase of fixed assets (incl. intangibles, CWIP, advances) -1,236 -1,394
Proceeds from sale/disposal of fixed assets 146 24
Proceeds from stake sale in associate (PXIL) 683 -
Purchase of current investments -2,14,645 -1,01,185
Proceeds from sale of current investments 2,13,692 1,01,082
Investment in joint venture -500 3,401
Dividend received from associate/joint venture 353 -21,144
Interest received 3,709 2,18,930
Investment in fixed deposits -3,55,191 -2,11,144
Redemption/maturity of fixed deposits 3,62,586 2,18,930
Net cash generated / (used) in investing activities 9,597 9,714
Cash Flow from Financing Activities
Repayment of lease liabilities - -0.4
Dividend paid - -228
Net cash generated / (used) from financing activities -641 -841
Net increase / (decrease) in cash and cash equivalents 3,415 -816
Cash and cash equivalents at the beginning of the year 6,366 7,183
Cash and cash equivalents at the end of the year 9,781 6,366

Financial Ratios

Particulars 2025 2024
Current Ratio (in times) 3 1.6
Debt Equity Ratio (in times) 0.01 0.03
Debt Service Coverage Ratio (in times) 62.8 2.7
Return on Equity Ratio (in %) 54.20% -1%
Trade Receivables Turnover Ratio (in times) 6.9 9
Trade Payables Turnover Ratio (in times) 7.7 7.8
Net Capital Turnover Ratio (in times) 0.2 0.8
Net Profit Ratio (in %) 1073% -11.60%
Return on Capital Employed (in %) 50.80% -2.50%
Return of FD Investment (%) 7.50% 7%
Return on Liquid Mutual Fund (%) 7.10% 7%
Return on Bond Investments (%) 7% 7%

Price per Unit 447
No. of Unit to Buy

Total Investment 0

*Best Price In Industry
No. of Unit to Sell
Price per Unit to Sell


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