amit@unlistedkraft.in
+91-9599071664
+91-9599071664
National Commodity & Derivatives Exchange (NCDEX)
DRHP Status : not listed
335
Current Price
335
Market Cap
1672 Cr
ISIN
INE127G01010
Face Value
10
P/E Ratio
-43.9
EPS
-5.47
P/B Ratio
2.6
Book Value
93.9
Debt to Equity Ratio
0
| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 115 | 104 | 96 | 88 |
| Cost of Material Consumed | 0 | 11 | 0 | 0 |
| Gross Margins | 100 | 89.42 | 100 | 100 |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Employee Benefit Expenses | 81 | 88 | 91 | 96 |
| Other Expenses | 69 | 71 | 70 | 75 |
| EBITDA | -35 | -66 | -65 | -83 |
| OPM | -30.43 | -63.46 | -67.71 | -94.32 |
| Other Income | 45 | 35 | 58 | 388 |
| Finance Cost | 2 | 1.5 | 1.3 | 1 |
| D&A | 24 | 25 | 25 | 25 |
| EBIT | -59 | -91 | -90 | -108 |
| EBIT Margins | -51.3 | -87.5 | -93.75 | -122.73 |
| PBT | -17 | -58 | -33 | 279 |
| PBT Margins | -14.78 | -55.77 | -34.37 | 317.05 |
| Tax | -5 | -16 | -5 | 43 |
| PAT | -12 | -42 | -28 | 236 |
| NPM | -10.43 | -40.38 | -29.17 | 268.18 |
| EPS | -2.37 | -8.29 | -5.52 | 46.57 |
Financial Ratios |
2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | -30.43 | -63.46 | -67.71 | -94.32 |
| Net Profit Margin | -10.43 | -40.38 | -29.17 | 268.18 |
| Earning Per Share (Diluted) | -2.37 | -8.29 | -5.52 | 46.57 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 10 | 8 | 43 | 38 |
| CWIP | 0 | 0 | 4 | 1.8 |
| Investments | 36 | 88 | 113 | 328 |
| Trade Receivables | 29 | 32 | 23 | 23 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 856 | 748 | 658 | 855.2 |
| Total Assets | 931 | 876 | 841 | 1246 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 50.68 | 50.68 | 50.68 | 50.68 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 455 | 424 | 425 | 699 |
| Borrowings | 0 | 0 | 0 | 0 |
| Trade Payables | 11 | 9 | 9 | 10 |
| Other Liabilities | 414.32 | 392.32 | 356.32 | 486.32 |
| Total Liabilities | 931 | 876 | 841 | 1246 |
| Name | Holding |
|---|---|
| National Stock Exchange of India Limited | 15.00% |
| Life Insurance Corporation of India | 11.10% |
| National Bank for Agriculture and Rural Development | 11.10% |
| Indian Farmers Fertiliser Cooperative Limited (IFFCO) | 10.00% |
| Oman India Joint Investment Fund (OIJIF) | 10.00% |
| Punjab National Bank | 7.29% |
| Build India Capital Advisors LLP | 5.00% |
| Canara Bank | 6.03% |
| Investcorp Private Equity Fund - I (previously known as IDFC Private Equity Fund III) | 5.00% |
| Shree Renuka Sugars Limited | 5.00% |
| Others | 14.48% |
The National Commodity & Derivatives Exchange (NCDEX) is a leading Indian commodity exchange specialising in agricultural and non-agricultural derivatives.
It was incorporated in 2003 and commenced operations in December of that year. NCDEX focuses on providing a platform for price discovery and risk management in the commodity market.
It offers various products like commodity futures, options in goods, and index futures, catering to a wide range of participants in the commodity derivatives value chain.
Click here to visit the official website of National Commodity & Derivatives Exchange (NCDEX).
Strengths
- Established Market Leader: NCDEX dominates the agri-commodity derivatives segment with a 97% market share. This leadership is reflected in its Average Daily Open Interest (ADOI) growth of 10%, increasing to ₹2,278 crores in FY 2023-24 from ₹2,069 crores in the previous year
- Resilience During Volatile Periods:Despite market volatility, NCDEX's Average Daily Traded Value (ADTV) grew by 2%, from ₹834 crores in FY 2022-23 to ₹848 crores in FY 2023-24.
Weaknesses
- Global Market Volatility: Factors such as the Russia-Ukraine conflict, food inflation, and climate events (e.g., El Niño) contributed to commodity market disruptions in FY 2023-24. These factors increase the risk of further volatility, with daily turnover occasionally hitting peaks like ₹2,027 crores.
- Regulatory and Export Bans: Policy measures, including India's export bans on Basmati rice and sugar, directly affect commodity trading volumes and exchange profitability
FAQs
NCDEX unlisted shares refer to privately held equity in the National Commodity & Derivatives Exchange, one of India’s leading commodity exchanges. These shares are not available on NSE or BSE but can be bought through private marketplaces like UnlistedKraft.
Yes, UnlistedKraft allows investors to buy NCDEX unlisted shares. Once you complete your KYC and place an order, the shares are delivered to your demat account, usually within 24 hours.
Investing in unlisted shares involves risks like lower liquidity and less frequent disclosures. However, NCDEX is a reputed exchange in India’s commodity market, and UnlistedKraft ensures secure and verified transactions.
The price of NCDEX shares is based on recent transactions, demand, financials, and market sentiments. UnlistedKraft regularly updates prices to reflect fair value.
Yes, you must have a valid demat account to receive and hold NCDEX unlisted shares.
There’s no fixed holding period unless the company goes public. Investors generally hold shares until an IPO or other exit opportunity arises.
Yes, UnlistedKraft offers a resale option where you can sell your NCDEX shares before a public listing, subject to buyer availability.
Yes, as per SEBI rules, pre-IPO shares are locked in for six months after the company lists on a stock exchange.
If held for more than two years, gains are taxed as long-term capital gains at 20% with indexation. If sold earlier, gains are taxed as short-term under your regular income tax slab.
UnlistedKraft offers verified sellers, transparent pricing, expert assistance, and fast delivery of shares to your demat account, making your unlisted share investment journey smooth and secure.
+91-9599071664
amit@unlistedkraft.in