Slide 1: Covering letter to NSE: Investor Presentation Q2 FY26
BSE - PUBLIC November 11, 2025 To, Listing Department National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1 G Block, Bandra-Kurla Complex, Bandra (E) Mumbai – 400 051 Symbol: BSE ISIN: INE118H01025 Sub: Investor Presentation – Q2 FY26 (H1 FY 26) Dear Madam/Sir, With refere
Slide 2: Investor Presentation H1 FY26
INVESTOR PRESENTATION H1 FY26
Slide 3: Disclaimer
Disclaimer This presentation and the discussion may contain certain words or phrases that are forward - looking statements, which are tentative, based on current expectations of the management of BSE Limited or any of its subsidiaries and associate companies (“BSE”). Actual results may vary signific
Slide 4: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 3
Slide 5: Board of Directors
About BSE – Board & Management Team Board of Directors Name Bio Name Bio Prof. Subhasis ◼Former Director of IIT Bombay and K.N. Bajaj Shri ◼Diverse experience of 40+ years in Indian Chaudhuri Chair Professor, Dept. of Electrical Sundararaman capital market and banking sectors Ramamurthy Engineering
Slide 6: Board of Directors (cont'd)
About BSE – Board & Management Team Board of Directors Name Bio Name Bio Shri Shamanna ◼Over 38 years of international experience with Shri Rajiv Bansal ◼Former Secretary, Ministry of Civil Aviation, Balasubramanya expertise in solution implementation and with a distinguished career in key governmen
Slide 7: Key Management Personnel
About BSE – Board & Management Team Key Management Personnel Name Designation Name Designation Shri Sundararaman • Managing Director & CEO Sushri Kamala K. • Chief Regulatory Officer Ramamurthy Shri Sunil Ramrakhiani • Chief Business Officer Shri Deepak Goel • Chief Financial Officer Smt. Radha Kirt
Slide 8: BSE at a Glance
About BSE Business – Overview BSE at a Glance Market Capitalization of Registered Equity Cash EQD - Highest Single EQD – Total Contracts EQD Average Daily BSE Listed Companies Investors ADTV Day T/o Traded Turnover USD 5.27 trillion 223 million+ Rs. 75,837 million Rs. 723 trillion 11.41 billion Rs.
Slide 9: BSE Group
About BSE Business – Overview BSE Group BSE Group India International BSE India International BSE Technologies BSE CSR Central Depository BSE Index Services Indian Clearing Clearing Administration & BSE Investments Exchange (IFSC) Private Limited - Integrated Services (India) Private Limited^^ – Cor
Slide 10: Diversified Lines of Business
About BSE Business – Overview Diversified Lines of Business .. • Equity • Mutual Funds • Debt • Book-building services for IPO • Equity Derivatives • Offer to Buy • Currency Derivatives • Offer for Sell • Commodity Derivatives • New Bond platform • SME & Startups Trading & Distribution • Insurance •
Slide 11: Reflected in Revenue Stream
About BSE Business – Overview ..Reflected in Revenue Stream Consolidated (₹ Mn) Standalone (₹ Mn) 7,616 7,940 7,142 7,375 5,029 5,071 1,385 1,192 1,385 1,054 1,195 932 1,054 907 880 697 791 656 754 654 428 454 630 511 657 536 370 55 74 63 83 99 75 Transaction Services To Treasury Other Investment Ot
Slide 12: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 11
Slide 13: Equity Cash - Performance
Business – Segment Update Equity Cash - Performance Average Daily Turnover (₹ million) Transaction Charges Income (₹ million) 93,963 3,017 77,666 75,837 2,595 66,221 2,021 1,624 53,961 1,405 1,738 1,525 41,971 41,320 1,130 1,216 888 1,006 820 26,757 532 678 390 1,394 211 1,190 891 850 616 705 684 46
Slide 14: Equity Derivatives - Performance
Business – Segment Update Equity Derivatives - Performance 10.0 528 550 600 505 153 9.0 479 453 422 500 8.7 8.0 126 128 391 7.0 365 7.9 400 94 100 6.0 306 7.1 83 82 5.0 6.2 300 68 164 4.0 200 5.6 128 131 4.4 200 105 112 3.0 20 98 3.1 70 2.0 100 1 0.6 14 46 0.6 1.7 0.1 1.0 - - Q1FY24 Q2FY24 Q3FY24 Q4
Slide 15: BSE StAR Mutual Fund Platform – Pan-India Reach & Coverage
Business – Segment Update BSE StAR Mutual Fund Platform – Pan-India Reach & Coverage Mutual Funds Registered Registered Investors Schemes Available 48 256 Million 14,858 Network of Distributors 81,805 721 Cities/towns covered Data as on Sept 25 14
Slide 16: BSE StAR Mutual Fund Platform – Performance
Business – Segment Update BSE StAR Mutual Fund Platform – Performance Number of Orders (million) Mutual Fund Revenue (₹ million) 663 2,307 411 26% 384 23% 1,310 1,281 304 1,067 265 786 185 504 447 94 341 57 FY20 FY21 FY22 FY23 FY24 FY25 H1 FY25 H1 FY26 FY20 FY21 FY22 FY23 FY24 FY25 H1 FY25 H1 FY26 1
Slide 17: Services to Corporates - Performance
Business – Segment Update Services to Corporates - Performance Listing Related Income (₹ million) Book Building & Other Services (₹ million) 3,522 1,362 2,793 408 1,279 2,328 2,202 865 1,880 1,855 640 1,851 643 702 658 300 335 1,570 576 566 587 687 98 226 492 129 146 400 954 158 2,243 1,928 55 1,580
Slide 18: Indian Clearing Corporation Limited (ICCL)
Business – Segment Update Indian Clearing Corporation Limited (ICCL) ICCL, a wholly-owned subsidiary of BSE Ltd., was established in 2007. Recognized by Securities and Exchange Board of India (SEBI) under the Securities Contracts Regulations (2018), ICCL serves as the clearing corporation for BSE, m
Slide 19: BSE Index Services Private Limited
Business – Segment Update BSE Index Services Private Limited BSE Index Services Pvt. Ltd. (formerly Asia Index Pvt. Ltd) is a wholly owned subsidiary of BSE Ltd. Its flagship index, which is also the oldest in India, the SENSEX, is one of the most popular barometers of the Indian economy, reflecting
Slide 20: BSE @ International Financial Hub
Business – Segment Update BSE @ International Financial Hub INDIA INX INDIA INX – Global Access A well-diversified portfolio of financial services and products to compete Access to 135+ global exchanges and products across the US, Asia-Pacific internationally and Europe, via a single integrated term
Slide 21: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 20
Slide 22: Key Milestones – The transformation over time
Key Growth Drivers & Other Initiatives Key Milestones – The transformation over time 2016 - 2017 1875 - 2011 2012 - 2015 • Trading of Sovereign Gold Bonds • Started as The Native Share & commenced Stockbroker's Association • Launch of “BSE–BOND”- Electronic Book • BSE corporatized Mechanism • Launch
Slide 23: Key Growth Drivers – Existing Business
Key Growth Drivers & Other Initiatives Key Growth Drivers – Existing Business Trading Segments Mutual Fund Platform Services • Focussed to increase market- • Savings in cost and convenience • Expansion of services from current share across all segments • Strong network of intermediaries e-platforms
Slide 24: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 23
Slide 25: Integrated Business Model
Financial Highlights & Investor Information Integrated Business Model Multiple contact points with members and market participants provides the ability to generate revenue from multiple levels of the business Primary Trading Clearing & Settlement Distribution ◼ To an extent 1 Transaction Charges lin
Slide 26: Consolidated Profit & Loss
Financial Highlights & Investor Information Consolidated Profit & Loss (₹ in million) Sept’25 Jun’25 Sept’24 H1 FY H1 FY FY FY Sr. No. Particulars Quarter Quarter Quarter 2025-26 2024-25 2024-25 2023-24 1 Transaction Charges 7,940 7,375 5,071 15,315 9,072 20,299 7,089 2 Treasury Income on Clearing a
Slide 27: Consolidated Profit & Loss (cont'd)
Financial Highlights & Investor Information Consolidated Profit & Loss (cont’d) (₹ in million) Sept’25 Jun’25 Sept’24 H1 FY H1 FY FY FY Sr. No. Particulars Quarter Quarter Quarter 2025-26 2024-25 2024-25 2023-24 16 Profit Before Contribution to core settlement guarantee fund (8-15) 7,296 6,851 4,311
Slide 28: Standalone Profit & Loss
Financial Highlights & Investor Information Standalone Profit & Loss (₹ in million) Sept’25 Jun’25 Sept’24 H1 FY H1 FY FY FY Sr. No.0 Particulars Quarter Quarter Quarter 2025-26 2024-25 2024-25 2023-24 1 Transaction Charges 7,616 7,142 5,029 14,758 8,692 19,499 5,820 2 Services To Corporates 1,385 1
Slide 29: Standalone Profit & Loss (cont'd)
Financial Highlights & Investor Information Standalone Profit & Loss (cont’d) (₹ in million) Sept’25 Jun’25 Sept’24 H1 FY H1 FY FY FY Sr. No. Particulars Quarter Quarter Quarter 2025-26 2024-25 2024-25 2023-24 15 Profit Before Contribution to core settlement guarantee fund (7-14) 6,864 6,101 3,749 1
Slide 30: Financial Overview
Financial Highlights & Investor Information Financial Overview (₹ in million) Consolidated Key Performance Indicators (₹ in million) Standalone Key Performance Indicators EPS 2.77 3.51 6.17 5.35 9.90 32.06 14.77 26.36 3.93 2.36 4.73 4.05 7.00 27.00 11.04 23.47 32,363 35,000 60% 35,000 60% 50% 30,000
Slide 31: Financial Overview (cont'd)
Financial Highlights & Investor Information Financial Overview (cont’d) Consolidated Net Worth (₹ million) Standalone Net Worth (₹ million) 52,108 44,129 44,237 37,476 37,078 30,923 33,023 28,440 24,924 26,545 27,012 21,650 21,872 22,872 22,690 24,251 FY20 FY21 FY22 FY23 FY24 FY25 H1 FY25 H1 FY26 FY
Slide 32: Shareholding Pattern
Business Shareholding Pattern AIF's, 0.5% BSE Adjusted Closing Price Mutual Funds, 3,500 Others, 2.2% 9.0% 3,000 2,500 FPI's & NRI's, Public, 40.9% 21.0% 2,000 1,500 1,000 500 Body Corporates, 7.6% - QIB, 10.2% Trading Members, 8.6% TOP 10 SHAREHOLDERS (As on Sept 2025) MARKET DATA LIFE INSURANCE CO
Slide 33: Thank You
THANK YOU INVESTOR RELATIONS CONTACT: Anand Sethuraman Head – Investor Relations +91 22 2272 8229 bse.ir@bseindia.com