Introduction
The National Commodity and Derivatives Exchange Limited (NCDEX) is a premier agricultural commodity exchange in India, offering a secure and transparent platform for trading various farm-based products. Operating under the regulatory oversight of the Securities and Exchange Board of India (SEBI), NCDEX facilitates futures and options trading in commodities like grains, oilseeds, pulses, and spices. By enabling efficient price discovery and risk management, the exchange plays a crucial role in supporting farmers, traders, and stakeholders across the agricultural supply chain. Additionally, NCDEX is dedicated to enhancing financial literacy and inclusion, particularly in rural areas. With a strong technological backbone, it ensures smooth trading and reliable settlement processes, contributing to the advancement and modernization of India’s agricultural markets.
Fundamentals
Total Share
69,652,358
P/E
0
Book Value
₹ 90.65
Face Value
₹10
EPS
₹ 29.72
ISIN
INE127G01010
Sector
Financials
Earnings Yield
N/A
Sub-sector
Commodity Exchange
Total Income
₹ 13,557 Laks
P/B
2.6
Market Capitalisation
₹ 1191 Cr
Company Overview
The National Commodity & Derivatives Exchange Limited (NCDEX) is India's leading online commodity exchange. It's a platform for trading in commodity derivatives, like futures contracts, to manage price risks for agricultural products. Established in 2003, it's a government company under the ownership of the Ministry of Finance, Government of India.
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It facilitates futures trading for agricultural commodities like pulses, oilseeds, and spices
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It helps farmers with price discovery and reduces the information asymmetry previously controlled by middlemen
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The Exchange continues to be a market leader in agri derivatives trading with the market share going up from 86% in 2021-22 to 97% in FY 2022-23