BSE Ltd
NSE:BSE
BSE Ltd
Nestled in the bustling financial district of Mumbai, BSE Ltd., commonly known as the Bombay Stock Exchange, stands as a testament to India's economic dynamism and evolution. Founded in 1875, it's Asia's oldest stock exchange, a venerable institution that has grown alongside the Indian economy. The iconic Phiroze Jeejeebhoy Towers house this enterprise which acts as a barometer of Indian market sentiment and an enabler of capital formation. Functioning primarily as a marketplace for buying and selling company shares, BSE Ltd. facilitates the seamless exchange of securities between investors, thereby providing liquidity and price discovery in the financial markets. With over 5,500 listed companies, it dominates the landscape, offering a diverse range of opportunities and an unparalleled snapshot of the Indian corporate world.
The core of BSE’s business model revolves around transaction fees, listing fees, and data licensing. Each time a trade is executed on its platform, the exchange earns transaction fees, a critical revenue stream, especially given the high volumes of trades. Companies looking to raise capital through equity tap into BSE for listing services, generating significant listing fees for the exchange. Additionally, BSE capitalizes on its vast pool of market data by licensing it to financial institutions and media, providing insights that feed countless investment decisions. These revenue streams are complemented by investment income from its clearing corporation and other financial services. By leveraging technology advancements and innovative financial products, BSE continues to fortify its position as a pivotal player in the Indian and global financial arenas.
Nestled in the bustling financial district of Mumbai, BSE Ltd., commonly known as the Bombay Stock Exchange, stands as a testament to India's economic dynamism and evolution. Founded in 1875, it's Asia's oldest stock exchange, a venerable institution that has grown alongside the Indian economy. The iconic Phiroze Jeejeebhoy Towers house this enterprise which acts as a barometer of Indian market sentiment and an enabler of capital formation. Functioning primarily as a marketplace for buying and selling company shares, BSE Ltd. facilitates the seamless exchange of securities between investors, thereby providing liquidity and price discovery in the financial markets. With over 5,500 listed companies, it dominates the landscape, offering a diverse range of opportunities and an unparalleled snapshot of the Indian corporate world.
The core of BSE’s business model revolves around transaction fees, listing fees, and data licensing. Each time a trade is executed on its platform, the exchange earns transaction fees, a critical revenue stream, especially given the high volumes of trades. Companies looking to raise capital through equity tap into BSE for listing services, generating significant listing fees for the exchange. Additionally, BSE capitalizes on its vast pool of market data by licensing it to financial institutions and media, providing insights that feed countless investment decisions. These revenue streams are complemented by investment income from its clearing corporation and other financial services. By leveraging technology advancements and innovative financial products, BSE continues to fortify its position as a pivotal player in the Indian and global financial arenas.
Record Revenue: BSE achieved its highest-ever quarterly revenue of INR 1,139 crores, marking the 10th consecutive record quarter and a 40% year-on-year increase.
Profit Surge: Net profit attributable to shareholders rose to INR 558 crores, up 61% from the previous year's INR 346 crores.
Strong Derivatives & Listings: Revenue growth was driven by transaction income from derivatives, robust listing activity, and rapidly expanding colocation services.
Operating Efficiency: Operating expenses rose modestly by 7%, with EBITDA margins expanding to 64% from 52% last year.
SME & Index Momentum: The SME platform and index business saw record listings and AUM, supporting broader capital market participation.
SGF Policy Change: BSE introduced a policy to contribute 5% of transaction-related revenue to the core Settlement Guarantee Fund (SGF), with contributions starting in September and capped at 150% of regulatory requirements.
Colocation & Tech Investment: Colocation revenue jumped to INR 46 crores, and significant investments were made in infrastructure and technology to support growth.
IPO Pipeline & Retail Strength: The IPO market and retail investor participation remain robust, offsetting heavy selling by foreign investors.
