BSE Ltd
Bombay Stock Exchange (BSE Ltd) is an Indian Stock Exchange located at Dalal Street in Mumbai. The Co. facilitates a market for trading in equity, currencies, debt instruments, derivatives, and mutual funds. [1]
- Market Cap ₹ 98,188 Cr.
- Current Price ₹ 7,253
- High / Low ₹ 7,588 / 2,115
- Stock P/E 74.6
- Book Value ₹ 327
- Dividend Yield 0.08 %
- ROCE 43.5 %
- ROE 34.1 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 64.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 41.1%
Cons
- Stock is trading at 22.7 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Financial Services Industry: Miscellaneous
Part of Nifty 500 Nifty Midcap 100 Nifty Midcap 50 Nifty 200 Nifty Alpha 50
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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485 | 584 | 635 | 572 | 676 | 652 | 606 | 630 | 841 | 925 | 1,592 | 3,212 | |
240 | 293 | 392 | 381 | 401 | 434 | 478 | 429 | 489 | 609 | 967 | 1,458 | |
Operating Profit | 245 | 290 | 243 | 190 | 274 | 219 | 127 | 202 | 352 | 316 | 626 | 1,754 |
OPM % | 51% | 50% | 38% | 33% | 41% | 34% | 21% | 32% | 42% | 34% | 39% | 55% |
-18 | -10 | 23 | 137 | 529 | 56 | 62 | 19 | 52 | 78 | 504 | 112 | |
Interest | 0 | 1 | 0 | 1 | 1 | 1 | 2 | 10 | 28 | 37 | 39 | 0 |
Depreciation | 32 | 59 | 54 | 50 | 45 | 51 | 51 | 58 | 48 | 60 | 95 | 113 |
Profit before tax | 194 | 221 | 212 | 276 | 757 | 223 | 135 | 153 | 327 | 297 | 996 | 1,754 |
Tax % | 18% | 20% | 17% | 4% | 7% | 10% | 11% | 7% | 25% | 31% | 22% | 25% |
160 | 177 | 177 | 265 | 702 | 199 | 121 | 142 | 245 | 206 | 772 | 1,322 | |
EPS in Rs | 4.34 | 4.99 | 4.13 | 13.70 | 42.67 | 12.82 | 9.05 | 10.73 | 18.80 | 16.29 | 57.50 | 97.94 |
Dividend Payout % | 31% | 33% | 61% | 68% | 28% | 78% | 63% | 65% | 72% | 74% | 26% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | 19% |
5 Years: | 40% |
3 Years: | 56% |
TTM: | 102% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 64% |
3 Years: | 69% |
TTM: | 189% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 124% |
3 Years: | 116% |
1 Year: | 171% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 17% |
3 Years: | 21% |
Last Year: | 34% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 11 | 11 | 11 | 10 | 9 | 9 | 27 | 27 | 27 | 27 |
Reserves | 2,366 | 2,450 | 2,512 | 2,652 | 3,070 | 2,918 | 2,416 | 2,498 | 2,627 | 2,674 | 3,275 | 4,397 |
2 | 4 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
1,688 | 1,730 | 1,717 | 2,517 | 1,918 | 1,575 | 2,051 | 2,120 | 3,531 | 3,293 | 6,148 | 5,918 | |
Total Liabilities | 4,066 | 4,195 | 4,240 | 5,183 | 4,998 | 4,504 | 4,476 | 4,627 | 6,185 | 5,994 | 9,450 | 10,342 |
190 | 251 | 241 | 249 | 207 | 204 | 190 | 184 | 161 | 252 | 285 | 313 | |
CWIP | 34 | 4 | 3 | 6 | 7 | 18 | 22 | 4 | 10 | 2 | 15 | 41 |
Investments | 2,186 | 2,276 | 2,115 | 1,996 | 2,442 | 2,380 | 2,132 | 1,844 | 1,968 | 1,453 | 2,390 | 2,845 |
1,656 | 1,664 | 1,882 | 2,931 | 2,342 | 1,902 | 2,132 | 2,595 | 4,046 | 4,286 | 6,761 | 7,142 | |
Total Assets | 4,066 | 4,195 | 4,240 | 5,183 | 4,998 | 4,504 | 4,476 | 4,627 | 6,185 | 5,994 | 9,450 | 10,342 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
151 | -153 | -44 | 817 | -239 | -313 | 397 | -68 | 1,442 | -137 | 2,842 | 410 | |
-21 | 371 | 164 | 95 | -236 | 347 | 470 | -190 | -980 | -111 | -1,071 | -767 | |
-303 | -45 | -120 | -85 | 108 | -352 | -618 | -55 | 9 | -186 | -149 | -206 | |
Net Cash Flow | -172 | 173 | -0 | 827 | -366 | -318 | 249 | -312 | 471 | -434 | 1,622 | -563 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 26 | 23 | 27 | 44 | 30 | 27 | 42 | 51 | 28 | 36 | 48 | 35 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 26 | 23 | 27 | 44 | 30 | 27 | 42 | 51 | 28 | 36 | 48 | 35 |
Working Capital Days | -1,002 | -772 | -660 | -1,181 | -791 | -605 | -894 | -792 | -1,148 | -846 | -1,090 | -279 |
ROCE % | 10% | 10% | 10% | 10% | 25% | 8% | 5% | 8% | 15% | 12% | 20% | 44% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
19 May 2025 - Scheduled virtual one-to-one investor meeting with Millennium Management on May 22, 2025.
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Record Date
12 May 2025 - Record date May 23, 2025 for 2:1 bonus shares; allotment May 26, trading from May 27.
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Analysts/Institutional Investor Meet/Con. Call Updates
12 May 2025 - Investor meeting scheduled with Asian Markets Securities on May 15, 2025, in Mumbai.
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Shareholders meeting
9 May 2025 - BSE Limited's bonus shares issue approved with 96.37% votes in favor via postal ballot.
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Analysts/Institutional Investor Meet/Con. Call Updates
9 May 2025 - BSE reports FY25 record revenues Rs.3,236 Cr, net profit Rs.1,326 Cr; declares Rs.23 dividend per share.
Annual reports
Concalls
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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May 2024Transcript PPT
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Feb 2024Transcript PPT REC
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Nov 2023TranscriptPPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Nov 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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May 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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May 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
History
BSE, the first-ever stock exchange in Asia, was established in 1875. It is also the first in the country to be granted permanent recognition under the Securities Contract Regulation Act, 1956. It is the Fastest Stock Exchange in the world with a speed of 6 microseconds and is one of India's leading exchange groups. In 1986, the Co-developed the S&P BSE SENSEX index, giving the Co. a means to measure the overall performance of the exchange. In 2017, it became the first listed stock exchange in India. [1]