Unlisted Shares
National Commodity & Derivatives Exchange (NCDEX) Limited
National Commodity & Derivatives Exchange (NCDEX) Limited (Unlisted)

Verified Unlisted CompanyOff-market Transfer · NSDL / CDSL
About National Commodity & Derivatives Exchange (NCDEX) Limited
National Commodity & Derivatives Exchange Limited (NCDEX) is a premier on-line commodity exchange in India, specializing in a diverse range of agricultural and non-agricultural derivative products. It is a public limited company and a SEBI-recognized commodity exchange. NCDEX began operations on December 15, 2003.
Share Details
| company Name | National Commodity & Derivatives Exchange (NCDEX) Limited (Unlisted) |
| indicative Unlisted Share Price | ₹600 |
| market Capitalization | ₹3633 Crore |
| lot Size | 100 |
| 52 Week High | ₹210 |
| 52 Week Low | ₹158 |
| face Value | ₹10 |
| book Value | 172.48 |
| pe Ratio | 15.39 |
| pb Ratio | 4.78 |
| debt To Equity | 0 |
| return On Equity | 31.48 |
| total Outstanding Shares | 8956473 |
| isin | INE270I01010 |
| depository | NSDL & CDSL |
| pan | AABCN479D |
| cin | U51909MH2002PLC135893 |
| rta | Link Intime |
Income Statement (Profit & Loss) (₹ in Crore)
| Particulars | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 115 | 104 | 96 | 88 |
| EBITDA | -35 | -88 | -65 | -83 |
| PBT | -17 | -58 | -35 | -279 |
| Net Profit / Loss (PAT) | -12 | -42 | -35 | 46.15 |
| EPS | -2.37 | -8.29 | -5.52 | 46.57 |
Key Financial Ratios (Last 3–5 Years)
| Ratio | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Operating Profit Margin (%) | -30.43 | -63.68 | -67.71 | -94.32 |
| Net Profit Margin (%) | -10.43 | -40.38 | -36.46 | 52.44 |
| Earning Per Share (Diluted) | -2.37 | -8.29 | -5.52 | 46.57 |
Financial Annual Report Summary
NCDEX has shown stable revenue with improving profitability. The company maintains a debt-free balance sheet and benefits from its position as a leading commodity exchange in India.
Why Invest in National Commodity &
- Debt-free balance sheet.
- Focus on expanding commodity derivatives market.
- Strategic importance as a key player in India's agri-commodity ecosystem.
Balance Sheet - Assets (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Fixed Assets | 10 | 8 | 4.3 | 3.8 |
| CWIP | 0 | 0 | 1.6 | 1.8 |
| Investments | 36 | 88 | 115 | 328 |
| Trade Receivables | 29 | 32 | 25 | 23 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 856 | 748 | 658 | 855.2 |
| Total Assets | 931 | 876 | 861 | 1,216 |
Balance Sheet - Liabilities & Equity (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Share Capital | 50.68 | 50.68 | 50.68 | 50.68 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 455 | 424 | 625 | 899 |
| Borrowings | 0 | 0 | 0 | 0 |
| Trade Payables | 11 | 9 | 9 | 10 |
| Other Liabilities | 414.32 | 392.32 | 358.32 | 488.32 |
| Total Liabilities | 931 | 876 | 861 | 1,216 |
Liabilities Breakdown & Balance Sheet Insights
Balance Sheet Insights
Debt-free company with strong reserves.
Liabilities Breakdown
Debt to Equity ratio of 0 (Debt-free).
Additional Insights
Strong liquidity and investment portfolio. Debt-free balance sheet.
Cash Flow Insights
- Negative operating cash flow in earlier years improving.
- Investment income supporting cash flows.
Shareholding Pattern
Recent
Promoter: High (Institutional & Strategic)
Institutional: High
Public: Low
Promoters & Management
Professionally managed with strong institutional backing.
Key Management
Not Available on page
Registrar & Transfer Agent (RTA)
Registrar: Link Intime
Website: https://linkintime.co.in/
Management Analysis
Focus on increasing trading volumes, product innovation, and strengthening position as a leading commodity derivatives exchange in India.
Frequently Asked Questions About National Commodity & Derivatives Exchange (NCDEX) Limited
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