BSE Ltd

BSE Ltd

₹ 2,858 -1.28%
21 Nov - close price
About

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]

Key Points

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]

  • Market Cap 1,16,251 Cr.
  • Current Price 2,858
  • High / Low 3,030 / 1,227
  • Stock P/E 64.7
  • Book Value 128
  • Dividend Yield 0.21 %
  • ROCE 46.6 %
  • ROE 36.0 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 65.4% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 41.1%

Cons

  • Stock is trading at 22.3 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
234 239 259 260 362 426 539 602 813 825 847 958 1,068
184 165 132 146 173 280 388 319 358 533 362 332 388
Operating Profit 50 74 127 114 189 146 151 282 456 293 484 626 680
OPM % 21% 31% 49% 44% 52% 34% 28% 47% 56% 35% 57% 65% 64%
21 20 22 430 24 22 29 91 30 26 205 114 91
Interest 7 6 6 7 9 0 0 0 0 0 0 0 0
Depreciation 12 17 21 21 23 25 26 24 29 30 30 27 32
Profit before tax 51 71 122 516 182 143 154 349 457 288 660 713 739
Tax % 42% 33% 27% 15% 35% 26% 30% 24% 24% 24% 25% 25% 25%
29 48 89 440 118 106 107 264 346 219 494 538 557
EPS in Rs 0.83 1.27 2.24 10.89 2.97 2.66 2.64 6.53 8.54 5.41 12.17 13.28 13.73
Raw PDF

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 TTM
485 584 635 572 676 652 609 630 841 925 1,568 3,212 3,699
240 293 392 381 401 434 482 429 489 609 857 1,336 1,616
Operating Profit 245 290 243 190 274 219 127 202 352 316 711 1,876 2,083
OPM % 51% 50% 38% 33% 41% 34% 21% 32% 42% 34% 45% 58% 56%
-18 -10 23 137 529 56 62 19 52 78 417 22 436
Interest 0 1 0 1 1 1 2 10 28 37 39 32 0
Depreciation 32 59 54 50 45 51 51 58 48 60 95 113 119
Profit before tax 194 221 212 276 757 223 135 153 327 297 995 1,754 2,400
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 1,807
EPS in Rs 1.45 1.66 1.38 4.57 14.22 4.27 3.02 3.58 6.27 5.43 19.17 32.65 44.59
Dividend Payout % 31% 33% 61% 68% 28% 78% 63% 65% 72% 74% 26% 23%
Compounded Sales Growth
10 Years: 19%
5 Years: 39%
3 Years: 56%
TTM: 55%
Compounded Profit Growth
10 Years: 22%
5 Years: 65%
3 Years: 70%
TTM: 118%
Stock Price CAGR
10 Years: %
5 Years: 115%
3 Years: 147%
1 Year: 82%
Return on Equity
10 Years: 14%
5 Years: 18%
3 Years: 23%
Last Year: 36%

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 Sep 2025
Equity Capital 10 10 11 11 11 10 9 9 27 27 27 27 81
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 5,129
2 4 1 3 0 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 5,928
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 11,138
190 251 241 249 207 204 190 184 161 252 285 300 416
CWIP 34 4 3 6 7 18 22 4 10 2 15 54 214
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 3,827
1,656 1,664 1,882 2,931 2,342 1,902 2,132 2,595 4,046 4,286 6,761 7,142 6,682
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 11,138

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 2,643 414
-21 371 164 95 -236 347 470 -190 -980 -111 -871 -758
-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 1,623 -550

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 49 35
Inventory Days
Days Payable
Cash Conversion Cycle 26 23 27 44 30 27 42 51 28 36 49 35
Working Capital Days -1,002 -772 -660 -1,181 -791 -605 -889 -792 -1,148 -846 -1,107 -452
ROCE % 10% 10% 10% 10% 25% 8% 5% 8% 15% 12% 23% 47%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
8.41% 7.60% 8.77% 7.90% 12.03% 13.04% 11.12% 13.01% 16.03% 16.78% 18.14% 16.25%
0.58% 0.65% 0.54% 8.09% 11.27% 12.69% 11.60% 11.68% 12.07% 12.33% 11.27% 19.91%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09%
64.80% 65.88% 64.83% 58.90% 53.56% 51.91% 54.52% 52.40% 50.00% 48.78% 50.01% 63.76%
26.21% 25.86% 25.85% 25.10% 23.14% 22.36% 22.75% 22.90% 21.90% 22.11% 20.58% 0.00%
No. of Shareholders 4,67,0624,74,0804,58,4104,05,7224,42,1144,40,0585,49,7585,43,8125,89,5526,68,1749,49,95312,91,812

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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