Slide 1: Filing cover letter to National Stock Exchange
Date: May 21, 2020 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 – May 2020 Dear Sir/Madam, With reference to above captioned
Slide 2: BSE Limited Investor Presentation – May 2020
BSE - CONFIDENTIAL BSE Limited Investor Presentation – May 2020
Slide 3: Disclaimer
BSE - CONFIDENTIAL 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 result
Slide 4: Index
BSE - CONFIDENTIAL 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 BSE - CONFIDENTIAL Board Of Directors Name Bio Name Bio Shri Ashishkumar Chauhan ◼ Previously, Group Chief Information Officer, Justice Vikramajit Sen ◼ Former Judge, Supreme Court of India Managing Director & CEO Chairman and Reliance Industries Limited Public In
Slide 6: Management Team
About BSE – Board & Management Team BSE - CONFIDENTIAL Management Team Name Bio Name Bio ◼ B Tech in Mechanical Engineering from IIT Bombay and a ◼ Having experience of over 28 years, he has earlier PGDM from IIM Kolkata Shri Nayan Mehta Shri Ashishkumar worked at Credit Analysis & Research Ltd. as
Slide 7: Key Milestones – The transformation over time
About BSE – The Journey So Far BSE - CONFIDENTIAL Key Milestones – The transformation over time 1875 2005 2009 2012 2013 2013 • BSE started as The Native • BSE corporatized • Mutual Fund Platform (“Star • BSE Small & Medium • Currency Derivatives • Interest Rate Derivative Share & Stock Broker's MF”
Slide 8: Index
BSE - CONFIDENTIAL Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 7
Slide 9: Diversified Lines of Business
Business - Overview BSE - CONFIDENTIAL Diversified Lines of Business • Equity • Mutual Funds • Debt • Book-building services for • Equity Derivatives IPO • Currency Derivatives • Offer to Buy • Commodity Derivatives • Offer to Sell • SME • New Bond platform • Interest Rate Futures Trading & Distribu
Slide 10: Equity Cash - Performance
Business – Segment Update BSE - CONFIDENTIAL Equity Cash - Performance Average Daily Turnover (₹ million) Transaction Charges Income (₹ million) 44,023 1,442 40,252 1,174 31,274 29,963 842 26,757 616 809 678 351 531 211 112 558 600 419 458 467 FY15-16 FY16-17 FY17-18 FY18-19 FY19-20 FY15-16 FY16-17
Slide 11: Currency Derivatives – Performance
Business – Segment Update BSE - CONFIDENTIAL Currency Derivatives – Performance Average Daily Turnover (₹ million) Average Daily Number of Contracts Traded (million) 4.33 302,707 3.89 275,032 CAGR 22% CAGR 25% 2.86 2.45 182,891 170,753 2.24 157,628 1.74 1.95 1.58 131,060 114,212 100,932 56,356 0
Slide 12: Commodity Derivatives - Performance
Business – Segment Update BSE - CONFIDENTIAL Commodity Derivatives- Performance Average Daily Turnover (₹ million) Commodity futures contracts includes Gold, Silver, Copper, Oman Crude Oil, Guar Gum, Guar Seed, Cotton, Turmeric for trading 2,422 2,382 6 2,173 277 Members admitted to trading 0 0 Memb
Slide 13: BSE StAR Mutual Fund Platform – Introduction
Business – Segment Update BSE - CONFIDENTIAL BSE StAR Mutual Fund Platform – Introduction E-platform - access from Allows multi-mode e- remote areas platform access BSE StAR MF Mutual Funds Real-time investor registration 24x7 order acceptance & onboarding, Online MFD registration E-platform for inv
Slide 14: BSE StAR Mutual Fund Platform – Reach & Coverage
BSE - CONFIDENTIAL Business – Segment Update BSE StAR Mutual Fund Platform – Reach & Coverage Mutual Fund Registered Number of registered Number of Schemes Investors 40 Available 31.4 Million 9,976 Number of distributors Number of who can transact 56,919 Over 675 cities/towns covered Data as on 31st
Slide 15: BSE Star Mutual Fund Platform - Performance
Business – Segment Update BSE - CONFIDENTIAL BSE Star Mutual Fund Platform - Performance SIP and Others Equity and Debt Average Daily Number of Orders Average Number of Orders 226,206 219,105 12,237 71,848 CAGR 306% 141,231 CAGR 101% 137,384 6,390 41,254 206,868 71,435 154,357 69,869 5,064 130,9
Slide 16: BSE Star Mutual Fund Platform - Performance
BSE - CONFIDENTIAL Business – Segment Update BSE Star Mutual Fund Platform - Performance Average Daily Number of Orders Mutual Fund Revenue 233,526 447 CAGR 105% CAGR 127% 290 145,214 69,229 99 26,143 13,280 FY15-16 FY16-17 FY17-18 FY18-19 FY19-20 FY17-18 FY18-19 FY19-20 Exponential growth in nu
Slide 17: Services to Corporates - Performance
Business – Segment Update BSE - CONFIDENTIAL Services to Corporates - Performance Listing Fees (₹ million) Book Building & Other Services (₹ million) CAGR 7% 1,881 1,880 1,776 431 300 420 1,446 496 1,382 100 433 340 CAGR 10% 252 240 1,580 187 58 1,461 102 165 1,280 44 331 1,042 1,013 53 182 143
Slide 18: India International Exchange IFSC – Introduction
Business – Segment Update BSE - CONFIDENTIAL India International Exchange IFSC – Introduction • Equity Index Derivatives: Sensex and India 50 • Indian Stock Futures : 139 stocks including Reliance Industries Limited, HDFC Bank Limited, Axis Bank Limited, Infosys Limited, Tata Steel Limited, Maruti S
Slide 19: India International Exchange IFSC – Performance
Business – Segment Update India International Exchange IFSC – Performance Listings Business Performance (USD million) BSE - CONFIDENTIAL During Q4 FY20, approx. 27% of Indian issuers of 36,944 Debt Securities in the international markets have 11,370 listed on India INX’s Global Securities Market. 19
Slide 20: India International Exchange IFSC
Business - Segment Update BSE - CONFIDENTIAL India International Exchange IFSC Total Turnover (in USD Million) Number of Contracts Traded (in Million) 168,782 12.94 9,767 148,881 149,540 11.81 0.19 11.39 CAGR 192% 9,869 12,232 CAGR 225% 0.26 0.21 120,281 9.15 10,947 0.26 159,015 12.75 62,952 136
Slide 21: BSE Ebix
Business - Segment Update BSE - CONFIDENTIAL BSE Ebix Issued more than more than 200 Cross 500 certified Point of policies Sales (POS) 167 policies were issued in 02 ₹ 6.68 lakhs premium collection March, 2020 was done in March, 2020 Electronic Book Trades Collected highest ever Highest ever03fresh
Slide 22: Global Rankings
Business BSE - CONFIDENTIAL Global Rankings Currency 13th highest Market Futures 3rd largest globally with Capitalization Traded globally with $ 1.50 trillion* Volume 42.04 million# Electronic Book Currency Options Trades Traded Volume Number of 11th largest Listed Companies Highest globally globall
Slide 23: Marketshare
Business BSE - CONFIDENTIAL Marketshare Red Ocean Businesses Blue Ocean Businesses 73% 80% 82% 61% 53% 33% 38% 20% 7% Companies/ Currency Interest Rate Debt/ Fixed Equity Cash StAR MF 1 SME 2 BSE Bond India INX 3 Securities Listed Derivatives Derivatives Income Established leader in Listing related
Slide 24: Index
BSE - CONFIDENTIAL Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 23
Slide 25: Key Growth Drivers
Key Growth Drivers & Other Initiatives BSE - CONFIDENTIAL Key Growth Drivers Inter-operability of Clearing Corporations International Exchange Mutual Fund E-platform Services • Can lead to increase in arbitrage • Expansion of services from • Several amendments made vide • Savings in cost and conveni
Slide 26: Other Initiatives
Key Growth Drivers & Other Initiatives BSE - CONFIDENTIAL Other Initiatives Insurance Broking Power Exchange Commodity Derivatives BSE Bond Platform • Set up JV named BSE Ebix • Pranurja Solutions Limited • Launched Commodity • Over ₹ 1,112 billion of Insurance Broking Private incorporated to set up
Slide 27: Index
BSE - CONFIDENTIAL Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 26
Slide 28: Integrated Business Model
Financial Highlights & Investor Information BSE - CONFIDENTIAL 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 1 Transaction Charg
Slide 29: Consolidated Profit & Loss
BSE - CONFIDENTIAL Financial Highlights & Investor Information Consolidated Profit & Loss (₹ in million) Mar’20 Dec’19 Mar’19 Sr. No. Particulars FY 2019-20 FY 2018-19 Quarter Quarter Quarter 1. Revenue from Operations 1,196 1,099 1,157 4,505 4,503 2. Other Income 362 388 559 1,795 2,184 3. Total In
Slide 30: Standalone Profit & Loss
BSE - CONFIDENTIAL Financial Highlights & Investor Information Standalone Profit & Loss (₹ in million) Mar’20 Dec’19 Mar’19 Sr. No. Particulars FY 2019-20 FY 2018-19 Quarter Quarter Quarter 1. Revenue from Operations 995 931 976 3,786 3,798 2. Other Income 310 318 494 1,635 2,139 3. Total Income (1+
Slide 31: Financial Overview
Financial Highlights & Investor Information BSE - CONFIDENTIAL Financial Overview Consolidated Key Performance Indicators (₹ in million) (₹ in million) Standalone Key Performance Indicators 20% 36% 31% 28% 19% 21% 36% 87% 33% 32% 6,701 6,989 6,875 6,183 6,300 6,510 6,124 5,509 5,640 5,421 5,159 2,20
Slide 32: Financial Overview (cont’d)
Financial Highlights & Investor Information BSE - CONFIDENTIAL Financial Overview (cont’d) Consolidated Net-worth (₹ million) Standalone Net-worth (₹ million) 27,743 26,262 30,749 24,290 29,286 22,536 21,650 26,255 25,229 24,251 FY15-16 FY16-17 FY17-18 FY18-19 FY19-20 FY15-16 FY16-17 FY17-18 FY18-19
Slide 33: Shareholding Pattern
Business BSE - CONFIDENTIAL Shareholding Pattern SHAREHOLDING PATTERN Closing Price Others 1,000 53% Trading Members 900 15% 800 700 600 Banks* 500 4% 400 300 200 Financial 100 Institution - 6% 27-04-18 27-05-18 27-06-18 27-07-18 27-08-18 27-09-18 27-10-18 27-11-18 27-12-18 27-01-19 27-02-19 27-03-1
Slide 34: Thank You
BSE - CONFIDENTIAL THANK YOU INVESTOR RELATIONS CONTACT : Yogesh Joshi Head – Investor Relations +91 22 2272 8810 bse.ir@bseindia.com