Metropolitan Stock Exchange Ltd - Unlisted Shares
Fundamentals
- Current Price
- ₹8
- Market Cap
- ₹3,852.15 Cr
- ISIN
- INE312K01010
- Face Value
- ₹1
- EPS
- -0.1
- P/B Ratio
- 20.00
- Book Value
- 0.4
- Debt / Equity Ratio
- 0
Key Financials
Profit & Loss
| Metric | ||||||
|---|---|---|---|---|---|---|
| Revenue from Operations | 7.36 | 9.21 | 10.06 | 10.63 | 10.29 | 8.04 |
| Growth % | -20.09% | -8.45% | -5.36% | 3.30% | 27.99% | - |
| Operating Expenses | 61.60 | 58.34 | 45.24 | 51.12 | 52.69 | 59.16 |
| Growth % | 5.59% | 28.96% | -11.50% | -2.98% | -10.94% | - |
| Operating Profit | -54.24 | -49.13 | -35.18 | -40.49 | -42.40 | -51.12 |
| Op. Profit Margin % | -736.96% | -533.44% | -349.70% | -380.90% | -412.05% | - |
| Other Income | 13.69 | 45.44 | 15.00 | 21.82 | 26.72 | 27.16 |
| Finance Costs | 0.98 | 0.39 | 0.60 | 0.83 | 1.59 | 1.11 |
| Depreciation | 6.06 | 10.65 | 10.48 | 11.17 | 12.94 | 13.38 |
| Profit Before Tax | -47.59 | -14.73 | -31.26 | -30.67 | -30.21 | -38.45 |
| Tax | -1.15 | 3.94 | 0.41 | 0.41 | 15.56 | 2.14 |
| Tax % | 2.42% | -26.75% | -1.31% | -1.34% | -51.51% | -5.57% |
| Profit After Tax | -48.74 | -18.67 | -31.67 | -31.08 | -45.77 | -40.59 |
| Growth % | 161.06% | -41.05% | 1.90% | -32.10% | 12.76% | - |
| PAT % | -662.23% | -202.71% | -314.81% | -292.38% | -444.80% | -504.85% |
| Diluted EPS | -0.1 | -0.04 | -0.06 | -0.06 | -0.1 | -0.08 |
Company Financials
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Equity Capital | 480.52 | 480.52 | 480.52 | 480.52 | 480.52 | 480.52 |
| Reserves | -109.36 | -158.07 | -188.77 | -219.84 | -239.11 | -287.73 |
| Total Equity | 371.16 | 322.45 | 291.75 | 260.68 | 241.41 | 192.79 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 |
| Provisions | 0.31 | 0.46 | 0.39 | 0.29 | 0.23 | 0.17 |
| Deferred Tax Liability | 107.77 | 112.65 | 124.24 | 125.94 | 22.02 | 18.88 |
| Total Non Current Liabilities | 108.08 | 113.11 | 124.63 | 126.23 | 22.25 | 19.05 |
| Borrowings | 24.15 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 68.65 | 66.44 | 61.01 | 51.11 | 35.72 | 37.35 |
| Total Current Liabilities | 92.80 | 66.44 | 61.01 | 51.11 | 35.72 | 37.35 |
| Non Controlling Interest | 12.86 | 5.79 | 5.53 | 5.25 | 0 | 0 |
| Core Settlement Guarantee Fund | 10.41 | 10.41 | 8.65 | 8.50 | 0 | 0 |
| Equity + Liabilities | 595.31 | 518.20 | 491.57 | 451.77 | 299.38 | 249.19 |
| Fixed Assets (incl. WIP) | 42.79 | 28.87 | 27.44 | 24.25 | 14.14 | 11.53 |
| Other Non Current Assets | 109.28 | 250.62 | 79.45 | 106.47 | 82.58 | 76.09 |
| Total Non Current Assets | 152.07 | 279.49 | 106.89 | 130.72 | 96.72 | 87.62 |
| Trade Receivables | 1.34 | 1.17 | 1.60 | 4.21 | 1.30 | 2.61 |
| Cash & Cash Equivalents | 379.61 | 160.12 | 247.93 | 230.84 | 92.17 | 14.76 |
| Other Current Assets | 62.29 | 77.42 | 135.15 | 86.00 | 109.19 | 144.20 |
| Total Current Assets | 443.24 | 238.71 | 384.68 | 321.05 | 202.66 | 161.57 |
| Total Assets | 595.31 | 518.20 | 491.57 | 451.77 | 299.38 | 249.19 |
Shareholding Pattern
- Multi Commodity Exchange Of India Ltd
- 6.90%%
- Others
- 93.10%%
Strengths & Weaknesses
Strengths
- Technological Infrastructure:Fault-tolerant trading systems with real-time data replication across primary, near, and disaster recovery sites ensure high availability and security.Compliance with SEBI’s cyber security framework and certifications like ISO/IEC 27001:2013 and ISO 9001:2015 for quality and security management.
- Product Diversity:Offers trading in multiple asset classes such as currency derivatives, equity cash and F&O segments, sovereign gold bonds, and ETFs.Niche indices like SX40 and SXBANK cater to sector-specific performance tracking.
- Educational Initiatives:Financial literacy programs targeting under-represented communities and events like the “Millennials and Responsible Investing” symposium help build investor confidence and engagement.
- Regulatory Compliance:Recognized and regulated by SEBI, ensuring credibility and operational transparency.
Weaknesses
- Financial Losses:Decrease in revenue and continued operational losses.Dependence on limited revenue streams like transaction and listing fees, which have been declining.
- Market Share Challenges:Struggles to establish significant market presence amidst fierce competition from NSE and BSE.
- Brand Visibility:Lesser-known brand compared to dominant players, limiting reach among retail and institutional investors.
About Metropolitan Stock Exchange Ltd
The Metropolitan Stock Exchange of India (MSEI), established in 2008, is a national-level stock exchange that facilitates trading in equities, derivatives, and currency instruments. Recognized by the Securities and Exchange Board of India (SEBI), MSEI aims to enhance market accessibility and transparency through advanced technology and innovative trading solutions.
Board of Directors
- Mr. Dinesh C Patwari - Chairman & Public Interest Director
- Mr. Ashok Kumar Dogra - Public Interest Director
- Mr. Rakesh Kumar Srivastava - Public Interest Director
- Mr. Manoj Kunkalienkar - Non-Independent Director
- Ms. Latika S. Kundu - Managing Director & CEO
Senior Management
- Ms. Latika S. Kundu - Managing Director & CEO
- Mr. Durgesh Kadam - Company Secretar
- Mr. Saket Bhansali - Chief Financial Officer
