Established in 1911 as the Mercantile Cricket Competition, the MCA has come a long way since its inaugural match between Cumberbatch SC and Liptons SC, which was won by Cumberbatch. Under the stewardship of its first Sri Lankan president, renowned cricketing figure, Chandra Schaffter, and now its current president, Mahesh Wijewardene, it has become the premier cricket-promoting organization in Sri Lanka, even being chosen by Cricket Sri Lanka as the model for its own tournaments.

The MCA organizes seven major tournaments and more than 500 fixtures each year, ranging from 'A' to 'G' Division matches, the Mercantile Six-a-Side tournament, the Over-40 Sixes competition, the 20x20 league, the esteemed MCA Inter Academy Invitational tournament, and the Women's Six-a-Side cricket tournament. They have invested in the infrastructure needed to ensure Sri Lankan cricket maintains its excellence.