What Are the Implications of MCX's Stock Split Announcement?
Synopsis
Key Takeaways
- The stock split is set for January 2, 2026.
- Ratio of the stock split is 1:5.
- Shares will become more affordable post-split.
- MCX has shown significant growth, with a 51 percent increase in net profit.
- Current market capitalization exceeds Rs 50,895 crore.
Mumbai, Dec 18 (NationPress) The Multi Commodity Exchange of India has officially designated January 2, 2026 as the record date for its inaugural stock split, which will occur at a ratio of 1:5, as stated in an exchange filing.
On Thursday morning at 11:05 am, the shares of the commodities exchange experienced a slight increase, trading at Rs 10,071.00, reflecting a rise of Rs 46.00 or 0.46 percent.
With this stock split, each share valued at Rs 10 will be divided into five shares, each with a new face value of Rs 2. For instance, if a shareholder owns 10 shares of MCX valued at Rs 100 each, they will hold 50 shares post-split, each now worth Rs 20.
Only shareholders who possess shares as of the record date will qualify for the stock split.
This split will augment the number of shares available without altering the overall market capitalization, thereby making shares more accessible and possibly enhancing liquidity.
MCX's stock has appreciated by over 4.5 percent in the last month, more than 27 percent over the past six months, and has risen approximately 60 percent in 2025 thus far. The company's current market capitalization exceeds Rs 50,895 crore.
In its recent financial disclosures, MCX has demonstrated robust growth for the first half of FY26, with a consolidated net profit increase of 51 percent year-on-year (YoY), amounting to Rs 400.66 crore from April to September.
Operating revenue surged by 44 percent to Rs 747.44 crore during the same timeframe, while EBITDA climbed by 53 percent YoY, reaching Rs 544.46 crore.
On a quarterly basis, MCX reported almost stable revenue compared to Rs 373.21 crore in Q1FY26. However, net profit experienced a slight decline of 2.82 percent, dropping from Rs 203.19 crore in the prior quarter, as noted in its regulatory filing.