Slide 1: Filing cover letter to NSE
BSE - PUBLIC Date: November 7, 2022 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 – November 2022 Dear Madam/Sir, With refere
Slide 2: Investor Presentation Q2 FY23
BSE - PUBLIC INVESTOR PRESENTATION Q2 FY23
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 BSE - PUBLIC 3
Slide 5: Board Of Directors
About BSE – Board & Management Team Board Of Directors Shri S. S. Mundra Shri David Wright Shri Umakant Sushri Jayshree Justice Shiavax Jal Prof. Subhasis Shri T. C. Suseel Jayaram Vyas Vazifdar Chaudhuri Kumar Chairman & Public Public Interest Public Interest Public Interest Public Interest Public
Slide 6: Executive Management Committee (EMC)
About BSE – Board & Management Team Executive Management Committee (EMC) Shri Neeraj Kulshrestha Shri Nayan Mehta Shri Kersi Tavadia Shri Sameer Patil Shri Girish Joshi ➢ Chief Regulatory Officer ➢ Chief Financial Officer ➢ Chief Information Officer ➢ Chief Business Officer ➢ Chief Trading Operation
Slide 7: BSE Group
About BSE Business – Overview BSE Group 100 100 100 100 100 51.22 20 59.93 61.93 100 Central India Indian BSE BSE India BSE BFSI Sector Depository International BSE CSR BSE Institute Clearing Administration Technologies International Investments Skill Council Services Clearing Integrated Limited Cor
Slide 8: BSE at a Glance
About BSE Business – Overview BSE at a Glance Market Capitalization of Registered Equity Cash Funds SME’s Start Ups BSE Listed Companies Investors ADTV (H1 FY23) Mobilized Listed Listed USD 3.33 Trillion 115 million+ Rs. 44,010 million Rs. 6.78 Trillion 393 14 Mutual Funds Mutual Funds Cities Mutual
Slide 9: Diversified Lines of Business
About BSE Business – Overview Diversified Lines of Business .. • Equity • Mutual Funds • Debt • Book-building services • Equity Derivatives for IPO • Currency Derivatives • Offer to Buy • Commodity Derivatives • Offer for Sell • SME & Startups Trading & Distribution • New Bond platform • Interest Ra
Slide 10: Reflected in Revenue Stream
About BSE Business – Overview ..Reflected in Revenue Stream Consolidated in Rs. Mn Standalone in Rs. Mn 764 762 739 714 712 714 680 673 674 641 606 610 538 430 366 252 306 238 249 230 228 205 187 169 134 89 97 89 60 66 61 61 - Transaction Services To Other Treasury Other Income From Securities Servi
Slide 11: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information BSE - PUBLIC 10
Slide 12: Equity Cash - Performance
Business – Segment Update Equity Cash - Performance Average Daily Turnover (₹ million) Transaction Charges Income (₹ million) 56,221 53,961 2,021 44,023 44,010 41,971 1,441 1,130 31,274 26,757 1,006 1,015 842 809 799 390 678 554 351 211 436 891 599 616 458 467 461 363 FY17-18 FY18-19 FY19-20 FY20-21
Slide 13: Equity Derivatives - Performance
Business – Segment Update Equity Derivatives - Performance Average Daily Turnover (₹ million) Average Daily Number of Contracts Traded (million) 3,145,745 2.98 2,784,050 2.68 2,562,142 2.56 2.59 2,479,118 2,480,221 2.53 2.37 2,257,713 1.33 1,200,604 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2
Slide 14: Currency Derivatives – Performance
Business – Segment Update Currency Derivatives – Performance Average Daily Turnover (₹ million) Transaction Charges Income - Currency Derivatives 302,562 (₹ million) 275,032 266,716 284,262 240,106 82 209,133 106,028 183,323 170,608 157,628 143,214 139,417 75 124,223 100,956 178,235 68 131,954 117,4
Slide 15: Commodity Derivatives – Performance
Business – Segment Update Commodity Derivatives – Performance Deliveries: 770 MT Average Daily Turnover for H1 FY 23 stands at Rs. 548.32 million Turmeric Turnover: 7,808 million 1St October 2018: Launch of BSE’s Commodity Derivatives Segment and became India’s First Universal Stock Exchange Deliver
Slide 16: BSE StAR Mutual Fund Platform – Introduction
Business – Segment Update BSE StAR Mutual Fund Platform – Introduction E-platform - access from Allows multi-mode e- remote areas platform access BSE StAR MF Real-time investor registration Mutual Funds 24x7 order acceptance & onboarding, Online MFD registration E-platform for investment and Facilit
Slide 17: 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 41 119.48 Million 10,447 Network of Distributors 73,600 731 Cities/towns covered Data as on Sept 30, 2022 BSE - PUBLIC 16
Slide 18: BSE StAR Mutual Fund Platform – Performance
Business – Segment Update BSE StAR Mutual Fund Platform – Performance Number of Orders - Mutual Fund (million) Mutual Fund Revenue (₹ million) 185 504 447 119 341 338 94 290 78 218 57 36 99 17 FY17-18 FY18-19 FY19-20 FY20-21 FY21-22 H1 FY22 H1 FY23 FY17-18 FY18-19 FY19-20 FY20-21 FY21-22 H1 FY22 H1
Slide 19: Services to Corporates - Performance
Business – Segment Update Services to Corporates - Performance Listing Fees (₹ million) Book Building & Other Services (₹ million) 658 2,202 98 1,881 1,880 1,855 643 1,776 300 335 420 431 496 400 100 55 1,145 1,057 291 312 252 560 242 240 40 309 1,580 1,520 1,559 58 50 1,461 102 1,280 345 331 833 25
Slide 20: India International Exchange IFSC
Business – Segment Update India International Exchange IFSC Average Daily Number of Contracts Traded (in ‘000) Average Daily Turnover (in USD million) 711 12,342 690 11,814 585 10,132 490 6,958 174 2,260 54 766 7 107 FY17-18 FY18-19 FY19-20 FY20-21 FY21-22 H1 FY22 H1 FY23 FY17-18 FY18-19 FY19-20 FY2
Slide 21: 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 Access to 135+ global exchanges and products across the US, Asia- compete internationally Pacific and Europe, via a single integrated ter
Slide 22: India International Exchange IFSC – Performance
Business – Segment Update India International Exchange IFSC – Performance Market share since Inception MTN Programme* Derivative Trading* Bonds Listed* 8% 100% 92% 98% *100% of MTN established in IFSC are established with INDIA INX *Data for H1 FY23 *98% of the bonds listed in IFSC are listed on IND
Slide 23: BSE Ebix Insurance Broking
Business – Segment Update BSE Ebix Insurance Broking Total Premium Collected* (₹ million) Total Policies Collected* 132 7,259 120 5,806 74 4,074 3,191 45 FY20-21 FY21-22 H1 FY22 H1 FY23 FY20-21 FY21-22 H1 FY22 H1 FY23 Premium collected has grown by 78% in H1FY23 as compared to H1FY22 Present in all
Slide 24: BSE E-Agricultural Markets Limited (BEAM) – Introduction
Business – Segment Update BSE E- Agricultural Markets Limited (BEAM) – Introduction Launched BSE E-Agricultural MoUs and Agreements with Markets Ltd. (BEAM), an electronic Government and Government spot platform for agriculture enterprises, Farmer Producer commodities on December 11, Organizations,
Slide 25: Global Rankings
Business Global Rankings MARKET CAPITALIZATION 7TH HIGHEST GLOBALLY WITH US$ 3.3 Trillion ELECTRONIC BOOK TRADES 10TH LARGEST GLOBALLY WITH 71.09 Million BSE NUMBER OF LISTED COMPANIES HIGHEST GLOBALLY - 5,383 Companies CURRENCY OPTIONS TRADED VOLUME 2ND LARGEST GLOBALLY WITH 43.25 Million CURRENCY
Slide 26: Market Share
Business Market Share Red Ocean Businesses Blue Ocean Businesses 71.7% 92.1% 86.0% 50.4% 59.0% 60.7% 40.0% 17.9% 7.3% 0.1% 1.4% Commodity Equity Equity Cash Currency Debt/ Fixed Interest Rate Companies/ Derivatives Derivatives Derivatives Income Derivatives Securities 1 2 3 Listed 4 SME BSE BOND StA
Slide 27: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information BSE - PUBLIC 26
Slide 28: 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 commenced • Started as The Native Share & • Launch of “BSE–BOND”- Electronic Book Mechanism Stockbroker's Association • Launch of India Internati
Slide 29: Key Growth Drivers – Existing Business
Key Growth Drivers & Other Initiatives Key Growth Drivers – Existing Business International Exchange Trading Segments Mutual Fund Platform Services • Constitution of the IFSC authority • Focussed remains to increase • Savings in cost and convenience • Expansion of services from and its Board to faci
Slide 30: Key Growth Drivers – New Initiatives
Key Growth Drivers & Other Initiatives Key Growth Drivers – New Initiatives Insurance Broking Power Exchange E-Platform Services KYC KRA • Commenced insurance broking • Setup Hindustan Power • Electronic spot platform for • On 27th October 2022, BSE in Motor, Health and Life Exchange jointly with Po
Slide 31: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information BSE - PUBLIC 30
Slide 32: 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 l
Slide 33: Consolidated Profit & Loss
Financial Highlights & Investor Information Consolidated Profit & Loss (₹ in million) Sep’22 June’22 Sep’21 H1 FY H1 FY FY Sr. No. Particulars Quarter Quarter Quarter 2022-23 2021-22 2021-22 1 Transaction Charges 641 538 680 1,179 1,264 2,589 2 Treasury Income on Clearing and Settlement Funds 228 18
Slide 34: Consolidated Profit & Loss (cont’d)
Financial Highlights & Investor Information Consolidated Profit & Loss (cont’d) (₹ in million) Sep’22 June’22 Sep’21 H1 FY H1 FY FY Sr. No. Particulars Quarter Quarter Quarter 2022-23 2021-22 2021-22 16 Operating EBITDA (7-15) 134 498 532 632 945 2,131 17 EBITDA Margin (16/7 in %) 7% 27% 28% 16% 27%
Slide 35: Standalone Profit & Loss
Financial Highlights & Investor Information Standalone Profit & Loss (₹ in million) Sep’22 June’22 Sep’21 H1 FY H1 FY FY Sr. No. Particulars Quarter Quarter Quarter 2022-23 2021-22 2021-22 1 Securities Services 712 606 739 1,317 1,385 2,849 2 Services To Corporates 674 714 762 1,387 1,348 2,861 3 Da
Slide 36: Standalone Profit & Loss (cont’d)
Financial Highlights & Investor Information Standalone Profit & Loss (cont’d) (₹ in million) Sep’22 June’22 Sep’21 H1 FY H1 FY FY Sr. No. Particulars Quarter Quarter Quarter 2022-23 2021-22 2021-22 12 Operating EBITDA (4-11) 209 303 477 512 819 1,855 13 EBITDA Margin (12/4 in %) 14% 21% 30% 18% 28%
Slide 37: Financial Overview
Financial Highlights & Investor Information Financial Overview (₹ in million) Consolidated Key Performance Indicators (₹ in million) Standalone Key Performance Indicators EPS 13.12 12.26 8.30 10.54 18.51 8.63 5.67 15.15 12.69 11.79 7.08 14.20 7.27 5.64 10,000 35% 31% 8,635 38% 9,000 28% 7,240 28% 30
Slide 38: Financial Overview (cont’d)
Financial Highlights & Investor Information Financial Overview (cont’d) Consolidated Net Worth (₹ million) Standalone Net Worth (₹ million) 30,749 27,743 29,286 26,262 26,545 25,153 25,577 22,872 24,251 24,924 21,650 21,872 21,913 21,800 FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 H1 FY22 H1 FY23 F
Slide 39: Shareholding Pattern
Business Shareholding Pattern PUBLIC BSE Closing Price 63% 1,200 1,000 800 600 400 MUTUAL FUNDS 200 0% FOREIGN TRADING MEMBER - PORTFOLIO 26% INVESTORS 11% TOP 10 SHAREHOLDERS (As on Sept 30, 2022) MARKET DATA Life Insurance Corporation of India 5.59 % Market Capitalization* (₹ Mn) 82,077 Zerodha Br
Slide 40: Thank You
THANK YOU INVESTOR RELATIONS CONTACT : Anand Sethuraman Head – Investor Relations +91 22 2272 8229 bse.ir@bseindia.com BSE - PUBLIC