BSE Ltd

BSE Ltd

₹ 2,458 -1.18%
03 Jul - 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 33,272 Cr.
  • Current Price 2,458
  • High / Low 3,265 / 666
  • Stock P/E 72.9
  • Book Value 244
  • Dividend Yield 0.61 %
  • ROCE 20.0 %
  • ROE 15.2 %
  • 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 57.2%

Cons

  • Stock is trading at 10.1 times its book value
  • Company has a low return on equity of 11.3% over last 3 years.
  • Contingent liabilities of Rs.15,743 Cr.
  • Earnings include an other income of Rs.504 Cr.
  • Debtor days have increased from 37.2 to 48.3 days.

* 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

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
165 180 219 213 228 193 234 239 259 260 362 426 545
115 116 136 135 144 137 184 165 132 146 173 280 392
Operating Profit 50 64 84 78 85 56 50 74 127 114 189 146 152
OPM % 30% 36% 38% 37% 37% 29% 21% 31% 49% 44% 52% 34% 28%
16 20 24 22 21 16 21 20 22 430 24 22 28
Interest 3 4 5 5 8 8 7 6 6 7 9 0 0
Depreciation 15 12 12 12 13 10 12 17 21 21 23 25 26
Profit before tax 48 68 91 83 85 54 51 71 122 516 182 143 154
Tax % 34% 24% 31% 29% 16% 25% 42% 33% 27% 15% 35% 26% 31%
32 52 63 59 72 40 29 48 89 440 118 106 107
EPS in Rs 2.41 3.95 4.82 4.53 5.51 3.25 2.50 3.81 6.73 32.68 8.90 7.99 7.91
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
506 485 584 635 572 676 652 606 630 841 925 1,592
238 240 293 392 381 401 434 478 429 489 609 967
Operating Profit 267 245 290 243 190 274 219 127 202 352 316 626
OPM % 53% 51% 50% 38% 33% 41% 34% 21% 32% 42% 34% 39%
-66 -18 -10 23 137 529 56 62 19 52 78 504
Interest 2 0 1 0 1 1 1 2 10 28 37 39
Depreciation 28 32 59 54 50 45 51 51 58 48 60 95
Profit before tax 171 194 221 212 276 757 223 135 153 327 297 996
Tax % 22% 18% 20% 17% 4% 7% 10% 11% 7% 25% 31% 22%
133 160 177 177 265 702 199 121 142 245 206 772
EPS in Rs 3.49 4.34 4.99 4.13 13.70 42.67 12.82 9.05 10.73 18.80 16.29 57.50
Dividend Payout % 38% 31% 33% 61% 68% 28% 78% 63% 65% 72% 74% 26%
Compounded Sales Growth
10 Years: 13%
5 Years: 20%
3 Years: 36%
TTM: 72%
Compounded Profit Growth
10 Years: 10%
5 Years: 17%
3 Years: 36%
TTM: 122%
Stock Price CAGR
10 Years: %
5 Years: 65%
3 Years: 97%
1 Year: 265%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 11%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 10 10 10 11 11 11 10 9 9 27 27 27
Reserves 2,279 2,366 2,450 2,512 2,652 3,070 2,918 2,416 2,498 2,627 2,674 3,275
1 2 4 1 3 0 0 0 0 0 0 0
1,649 1,688 1,730 1,717 2,517 1,918 1,575 2,051 2,120 3,531 3,293 6,148
Total Liabilities 3,939 4,066 4,195 4,240 5,183 4,998 4,504 4,476 4,627 6,185 5,994 9,450
194 190 251 241 249 207 204 190 184 161 252 285
CWIP 20 34 4 3 6 7 18 22 4 10 2 15
Investments 1,354 2,186 2,276 2,115 1,996 2,442 2,380 2,132 1,844 1,968 1,453 2,390
2,372 1,656 1,664 1,882 2,931 2,342 1,902 2,132 2,595 4,046 4,286 6,761
Total Assets 3,939 4,066 4,195 4,240 5,183 4,998 4,504 4,476 4,627 6,185 5,994 9,450

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-57 151 -153 -44 817 -239 -313 397 -68 1,442 -137 2,842
127 -21 371 164 95 -236 347 470 -190 -980 -111 -1,071
-196 -303 -45 -120 -85 108 -352 -618 -55 9 -186 -149
Net Cash Flow -126 -172 173 -0 827 -366 -318 249 -312 471 -434 1,622

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 25 26 23 27 44 30 27 42 51 28 36 48
Inventory Days
Days Payable
Cash Conversion Cycle 25 26 23 27 44 30 27 42 51 28 36 48
Working Capital Days -675 -1,002 -772 -660 -1,181 -791 -605 -894 -792 -1,148 -846 -1,090
ROCE % 10% 10% 10% 10% 10% 25% 8% 5% 8% 15% 12% 20%

Shareholding Pattern

Numbers in percentages

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.

Documents

Concalls