BSE Ltd

BSE Ltd

₹ 2,856 3.14%
22 Apr 11:19 a.m.
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 38,657 Cr.
  • Current Price 2,856
  • High / Low 2,955 / 452
  • Stock P/E 95.0
  • Book Value 229
  • Dividend Yield 0.42 %
  • ROCE 13.2 %
  • ROE 8.65 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 70.2%

Cons

  • Stock is trading at 12.4 times its book value
  • Company has a low return on equity of 8.85% over last 3 years.
  • Earnings include an other income of Rs.498 Cr.

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
158 165 180 219 213 228 193 234 239 259 260 362 426
118 115 116 136 135 144 137 184 165 132 146 173 280
Operating Profit 39 50 64 84 78 85 56 50 74 127 114 189 146
OPM % 25% 30% 36% 38% 37% 37% 29% 21% 31% 49% 44% 52% 34%
16 16 20 24 22 21 16 21 20 22 430 24 22
Interest 3 3 4 5 5 8 8 7 6 6 7 9 0
Depreciation 15 15 12 12 12 13 10 12 17 21 21 23 25
Profit before tax 38 48 68 91 83 85 54 51 71 122 516 182 143
Tax % 17% 34% 24% 31% 29% 16% 25% 42% 33% 27% 15% 35% 26%
31 32 52 63 59 72 40 29 48 89 440 118 106
EPS in Rs 2.40 2.41 3.95 4.82 4.53 5.51 3.25 2.50 3.81 6.73 32.68 8.90 7.99
Raw PDF
Upcoming result date: 8 May 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
538 506 485 584 635 572 676 652 606 630 841 925 1,307
213 238 240 293 392 381 401 434 478 429 489 572 730
Operating Profit 325 267 245 290 243 190 274 219 127 202 352 352 577
OPM % 60% 53% 51% 50% 38% 33% 41% 34% 21% 32% 42% 38% 44%
-20 -66 -18 -10 23 137 529 56 62 19 52 42 498
Interest 1 2 0 1 0 1 1 1 2 10 28 37 21
Depreciation 34 28 32 59 54 50 45 51 51 58 48 60 90
Profit before tax 270 171 194 221 212 276 757 223 135 153 327 297 964
Tax % 24% 22% 18% 20% 17% 4% 7% 10% 11% 7% 25% 31%
205 133 160 177 177 265 702 199 121 142 245 206 753
EPS in Rs 5.74 3.49 4.34 4.99 4.13 13.70 42.67 12.82 9.05 10.73 18.80 16.29 56.30
Dividend Payout % 35% 38% 31% 33% 61% 68% 28% 78% 63% 65% 72% 74%
Compounded Sales Growth
10 Years: 6%
5 Years: 6%
3 Years: 15%
TTM: 46%
Compounded Profit Growth
10 Years: 3%
5 Years: -20%
3 Years: 28%
TTM: 116%
Stock Price CAGR
10 Years: %
5 Years: 68%
3 Years: 140%
1 Year: 513%
Return on Equity
10 Years: 9%
5 Years: 7%
3 Years: 9%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 10 10 10 10 11 11 11 10 9 9 27 27 27
Reserves 2,220 2,279 2,366 2,450 2,512 2,652 3,070 2,918 2,416 2,498 2,627 2,674 3,073
760 1 2 4 1 3 0 0 0 0 0 0 0
950 1,649 1,688 1,730 1,717 2,517 1,918 1,575 2,051 2,120 3,531 3,293 5,094
Total Liabilities 3,940 3,939 4,066 4,195 4,240 5,183 4,998 4,504 4,476 4,627 6,185 5,994 8,195
184 194 190 251 241 249 207 204 190 184 161 252 257
CWIP 20 20 34 4 3 6 7 18 22 4 10 2 0
Investments 1,390 1,354 2,186 2,276 2,115 1,996 2,442 2,380 2,132 1,844 1,968 1,453 1,850
2,346 2,372 1,656 1,664 1,882 2,931 2,342 1,902 2,132 2,595 4,046 4,286 6,087
Total Assets 3,940 3,939 4,066 4,195 4,240 5,183 4,998 4,504 4,476 4,627 6,185 5,994 8,195

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-227 -57 151 -153 -44 817 -239 -313 397 -68 1,442 -137
295 127 -21 371 164 95 -236 347 470 -190 -980 -111
356 -196 -303 -45 -120 -85 108 -352 -618 -55 9 -186
Net Cash Flow 424 -126 -172 173 -0 827 -366 -318 249 -312 471 -434

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 25 25 26 23 27 44 30 27 42 51 28 36
Inventory Days
Days Payable
Cash Conversion Cycle 25 25 26 23 27 44 30 27 42 51 28 36
Working Capital Days -590 -675 -1,002 -772 -660 -1,181 -791 -605 -894 -792 -1,148 -846
ROCE % 12% 10% 10% 10% 10% 10% 25% 8% 5% 8% 15% 13%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
0.00% 0.00% 0.00% 0.00% 0.00% 10.58% 8.41% 7.60% 8.77% 7.90% 12.03% 13.04%
14.40% 11.70% 12.41% 13.79% 12.04% 0.60% 0.58% 0.65% 0.54% 8.09% 11.27% 12.69%
58.17% 61.18% 60.57% 59.73% 61.81% 62.79% 64.80% 65.88% 64.83% 58.90% 53.56% 51.91%
27.44% 27.10% 27.01% 26.49% 26.14% 26.03% 26.21% 25.86% 25.85% 25.10% 23.14% 22.36%
No. of Shareholders 2,16,2472,71,2193,04,5953,78,6554,46,8914,58,9744,67,0624,74,0804,58,4104,05,7224,42,1144,40,058

* 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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