BSE Limited

BSE Limited

BSE.NS
BSE LimitedIN flagNational Stock Exchange of India
3,739.10
INR
+55.70
- -
1.52TMarket Cap
BSE Limited
BSE.NS
(National Stock Exchange of India)

Recent

price

3,739.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
6.42
5.58
5.43
7.35
8.65
7.61
10.33
9.48
10.2
12.16
18.03
19.78
33.27
71.78
- -
117.35
Revenue per Share
3.51
2.42
2.75
2.64
2.71
4.49
14.03
4.19
2.77
3.51
6.17
5.35
18.89
32.18
- -
60.61
Basic EPS, GAAP
-1.97
3.54
3.52
-3.11
-2.16
14.46
-5.38
-6.7
8.12
-2.57
34.2
-6.81
60.97
6.24
- -
- -
Free Cash Flow per Basic Share
1
1.5
1.01
1.01
2.27
1.1
3.75
4.8
3.59
1.89
2.33
4.5
4
5
- -
- -
Dividend per Share
9.7
10.83
11.89
11.59
13.4
16.02
25.74
25.91
26.87
30.51
34.77
35.5
50.38
77.73
- -
1.98
Book Value per Share
46.33
47.96
49.9
51.8
54
57.97
61.33
59.87
53.49
59.25
66.01
66.23
81.65
108.86
- -
161.95
Tangible Book Value per Share
491
491
491
491
491
491
491
475
442
412
412
412
412
412
- -
412
Basic Weighted Avg Shares
3,154
2,739
2,668
3,611
4,248
3,736
5,072
4,503
4,505
5,014
7,432
8,155
13,710
29,573
48,340
48,344
Sales/Revenue/Turnover
3.42
-29.35
-19.66
-10.43
-6.61
-9.61
12.92
-4
-20.36
-6.81
23.09
18.24
24.33
49.93
61.99
60.83
Operating Margin (%)
390
324
339
582
537
503
454
511
510
579
483
603
949
1,130
1,590
1,590
Depreciation Expense
1,724
1,188
1,352
1,297
1,329
2,206
6,887
1,993
1,223
1,449
2,543
2,207
7,784
13,259
24,970
24,970
Net Income, GAAP
24.35
20.69
17.57
22.44
17.48
5.64
20.52
10.73
10.98
7.12
25.16
30.82
22.53
24.66
24.97
24.97
Effective Tax Rate (%)
54.68
43.38
50.67
35.93
31.29
59.03
135.79
44.25
27.14
28.9
34.22
27.06
56.77
44.83
51.66
51.65
Profit Margin (%)
16,063
19,390
11,987
10,833
7,114
10,547
13,070
16,327
13,360
15,912
22,096
14,644
9,429
27,280
28,466
28,466
Working Capital
- -
- -
13
36
7
4
3
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
23,751
24,623
25,583
26,595
27,602
29,533
30,806
29,286
24,437
25,159
27,897
28,290
34,547
45,757
67,955
67,955
Total Equity
- -
-2.48
-1.72
-1.12
-0.85
-1.18
1.73
-0.54
-3.05
-1.29
4.91
3.68
8.22
27.32
38.48
37.77
Return on Invested Capital (%)
- -
11.67
15.02
14.1
10.67
17.88
57.66
16.04
10.27
12.58
19.67
16.12
41.72
47.6
140.75
140.75
Return on Capital (%)
- -
23.57
24.22
22.49
21.65
30.52
67.17
15.98
10.11
11.85
18.9
15.23
43.98
50.23
152.06
152.06
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
406
- -
406
Market Capitalization
840,590
1,084,356
1,105,517

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
77,080
- -
82,171
Cash, Cash Equivalents & STI
71,137
- -
75,470
Accounts Receivable, Net
4,113
- -
5,532
Inventories
- -
- -
- -
Total Current Liabilities
45,780
- -
53,705
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.82%
23.07%
48.51%
Free Cash Flow
-295.85%
-346.21%
907.52%
Net Income, GAAP
66.07%
94.74%
88.32%
Sales/Revenue/Turnover
32.91%
61.05%
63.46%
Total Cash Common Dividend
31.52%
36.7%
53.33%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,156
3,145
3,715
4,884
13,710
2025
6,019
7,407
7,681
8,466
29,573
2026
9,584
10,684
12,441
15,635
48,340

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10.74
2.92
2.63
- -
18.89
2025
6.43
8.42
5.33
12
32.18
2026
13.09
13.56
14.61
19.35
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4
2025
- -
- -
- -
- -
5
2026
- -
- -
- -
- -
- -
Business
BSE Limited, founded in 1875 and headquartered in Mumbai, India, operates as a premier stock exchange platform providing a comprehensive range of financial market services primarily in India. Its core offerings include trading platforms for equity shares, debt instruments, derivatives, mutual funds, and currencies. BSE also facilitates capital-raising activities and offers market infrastructure solutions, including indices and electronic trading systems. The company serves a broad customer base comprising retail investors, institutional investors, brokers, and issuers, and it operates through multiple subsidiaries focused on technology, investment, and administration. In recent major developments, BSE has approved the merger of its wholly owned subsidiaries, BSE Investments Limited and BSE Administration and Supervision Limited, with BSE Technologies Private Limited to consolidate operations and achieve greater strategic alignment and operational efficiencies. Additionally, BSE increased its stake in India International Exchange (India INX) to 65.27% through an investment via rights issue and announced the launch of a new product as per SEBI guidelines in 2024. These strategic moves aim to streamline business functions and expand BSE's technological capabilities and market reach. BSE Limited is recognized as the first stock exchange in Asia and maintains a dominant position in the Indian financial markets. Its business segments cover financial and commodity market operations, investment banking services, and regulatory compliance, with a strong focus on innovation and service expansion in domestic and international markets. The consolidation and recent investments reflect BSE's continued drive to enhance its competitive edge and expand its financial services ecosystem.