Multi Commodity Exchange of India Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Praveena Rai
Chief executive officer
₹14.8m
Total compensation
| CEO salary percentage | 93.07% |
| CEO tenure | 1.2yrs |
| CEO ownership | n/a |
| Management average tenure | 1.6yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Getting In Cheap On Multi Commodity Exchange of India Limited (NSE:MCX) Might Be Difficult
Sep 28
Here's Why We Think Multi Commodity Exchange of India (NSE:MCX) Is Well Worth Watching
Sep 01Revenues Not Telling The Story For Multi Commodity Exchange of India Limited (NSE:MCX) After Shares Rise 28%
Jun 24The Price Is Right For Multi Commodity Exchange of India Limited (NSE:MCX)
May 09Multi Commodity Exchange of India Limited's (NSE:MCX) Earnings Haven't Escaped The Attention Of Investors
Jan 07
New Products And Technology Upgrades Set To Boost Trading Volumes And Revenue Growth
Expansion into new product offerings and reduction in transaction charges could boost trading volume and improve revenue and margins.Upgrade: Analysts Just Made A Meaningful Increase To Their Multi Commodity Exchange of India Limited (NSE:MCX) Forecasts
Oct 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | ₹7b |
| Mar 31 2025 | ₹15m | ₹14m | ₹6b |
Compensation vs Market: Praveena's total compensation ($USD168.62K) is below average for companies of similar size in the Indian market ($USD837.86K).
Compensation vs Earnings: Insufficient data to compare Praveena's compensation with company performance.
CEO
Praveena Rai (55 yo)
Ms. Praveena Rai is MD, CEO & Director of Multi Commodity Exchange of India Limited from August 10, 2024. Ms. Rai serves as Chief Operating Officer at National Payments Corporation of India. She served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.2yrs | ₹14.82m | no data | |
| Chief Financial Officer | 1.4yrs | ₹9.35m | no data | |
| Chief Technology Officer | 1.4yrs | ₹13.01m | no data | |
| Chief Compliance Officer | less than a year | ₹9.62m | no data | |
| Chief Risk Officer | 7.5yrs | ₹11.19m | no data | |
| Chief Business Officer | no data | ₹14.43m | no data | |
| Chief Digital Officer | 1.8yrs | ₹14.44m | no data | |
| Chief Regulatory Officer | 1.9yrs | ₹7.03m | no data | |
| Chief Information Security Officer & Data Protection Officer | less than a year | ₹917.89k | no data | |
| Company Secretary & Compliance Officer | 2.8yrs | ₹5.93m | no data | |
| Deputy Chief Technology Officer | 1.8yrs | ₹7.90m | no data | |
| Deputy Chief Financial Officer | no data | ₹5.71m | no data |
Experienced Management: MCX's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.2yrs | ₹14.82m | no data | |
| Independent Non-Executive Public Interest Director | 4.4yrs | ₹5.58m | no data | |
| Independent Public Interest Director | 3.1yrs | ₹6.05m | 0.000060% ₹ 285.4k | |
| Member of Advisory Board | 16.6yrs | no data | no data | |
| Non-Independent Director | 2.8yrs | ₹4.93m | 0.000020% ₹ 95.1k | |
| Member of the Advisory Board | no data | no data | no data | |
| Non-Executive Non-Independent Director | 4.1yrs | ₹5.45m | no data | |
| Independent Chairperson of Governing Board | 4.2yrs | ₹6.08m | no data | |
| Independent Women Director | 3.1yrs | ₹6.20m | no data | |
| Non-Executive Independent Public Interest Director | 1.6yrs | ₹4.70m | no data |
Experienced Board: MCX's board of directors are considered experienced (3.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/20 22:36 |
| End of Day Share Price | 2025/10/20 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Multi Commodity Exchange of India Limited is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sanketh Godha | Avendus Spark |
| Vijayaraghavan Swaminathan | Avendus Spark |
| Kashyap Pujara | Axis Capital Limited |