Slide 1: Investor Presentation – Q4 FY24 filing cover letter
BSE - PUBLIC May 8, 2024 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 – Q4 FY24 Dear Madam/Sir, With reference to above capt
Slide 2: Investor Presentation FY24
INVESTOR PRESENTATION BSE - PUBLIC FY24
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 Name Bio Name Bio Shri Pramod ◼Three decades of administrative experience as Shri Sundararaman ◼Diverse experience of 38+ years in Indian financial Agarwal Ramamurthy IAS Officer in varied fields at State and Central and banking system levels Ma
Slide 6: Board of Directors
About BSE – Board & Management Team Board of Directors Name Bio Name Bio ◼Managing Director, Shree Mahila Sewa Prof. Subhasis ◼Director of IIT Bombay and K.N. Bajaj Chair Sushri Sahakari Bank, Ahmedabad Chaudhuri Professor, Dept. of Electrical Engineering Jayshree Vyas ◼In the year 2001, financial l
Slide 7: Management Team
About BSE – Board & Management Team Management Team Name Bio Name Bio ◼ Instrumental in setting up and responsible for Business ◼ QualifiedChartered Accountant, with experience of Shri Sameer Patil Development of INDIA INX at GIFT CITY IFSC Shri Deepak Goel over two decades Chief Business Officer Ch
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 – ADTV BSE Listed Companies Investors ADTV (Q4 FY24) Day Turnover Traded (Q4 FY24) USD 4.64 trillion 165 million+ Rs. 98,270 million Rs. 357 trillion 11.3 bill
Slide 9: BSE Group
About BSE Business – Overview BSE Group 100 100 100 100 100 51.22 15 60.53 62.87 100 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 10: 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 11: Reflected in Revenue Stream
About BSE Business – Overview ..Reflected in Revenue Stream Consolidated (₹ million) Standalone (₹ million) 2660 2520 1784 1660 1027 1024 993 895 895 768 768 687 603 576 564 546 477 524 478 469 412 348 320 274 267 223 199 110 106 108 141 58 67 Transaction Services To Other Treasury Other Income From
Slide 12: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information BSE - PUBLIC 11
Slide 13: Product Differentiation at BSE
Business – Segment Update Product Differentiation at BSE Over 700+ scrips available at 1 paise tick size Available only at BSE Tighter Bid-Ask Spreads Buy and sell at better prices & reduce impact cost Hedge risks with Sensex and Bankex Lower lot size for S&P BSE Sensex & S&P BSE Bankex Unique Frida
Slide 14: Equity Cash - Performance
Business – Segment Update Equity Cash - Performance Average Daily Turnover (₹ million) Transaction Charges Income (₹ million) 66,221 60% 70% 2,595 53,961 2,021 1,405 41,971 41,320 1,525 1,130 31,274 26,757 1,006 820 809 678 390 351 1,190 211 891 616 705 458 467 FY18-19 FY19-20 FY20-21 FY21-22 FY22-2
Slide 15: Equity Derivatives – Performance
Business – Segment Update Equity Derivatives – Performance Average Daily T/o (Rs. Tn) Average Daily Contracts (in Mn) 79.97 107.0 73.93 99.5 100.5 71.14 57.47 78.0 53.5 50.2 35.19 32.83 39.8 26.42 16.2 10.56 4.36 6.6 0.02 1.00 0.0 1.6 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Fe
Slide 16: Equity Derivatives – Performance
Business – Segment Update Equity Derivatives – Performance Average Daily Premium (Rs. Mn) Unique Members Traded 51,561 51,588 374 385 391 346 365 330 40,313 306 36,714 287 247 200 18,527 18,041 152 14,258 6,163 744 3,017 22 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24
Slide 17: Currency Derivatives – Performance
Business – Segment Update Currency Derivatives – Performance Futures Transaction Charges Income (₹ million) 2,00 ,000 2.30 2.50 1,80 ,000 1.89 1.65 1.65 1,60 ,000 2.00 1,40 ,000 1,20 ,000 1.50 39% 134 1,00 ,000 1.14 1.09 80,0 00 1,85,693 1.00 60,0 00 1,31,954 1,17,404 1,23,502 40,0 00 84,910 91,033
Slide 18: 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 43 164.77 Million 11,450 Network of Distributors 76,678 721 Cities/towns covered Data as on Mar 31, 2024 BSE - PUBLIC 17
Slide 19: BSE StAR Mutual Fund Platform – Performance
Business – Segment Update BSE StAR Mutual Fund Platform – Performance Number of Orders (in million) Mutual Fund Revenue (₹ million) 55% 411 63% 1,281 265 786 185 504 447 341 94 290 57 36 FY18-19 FY19-20 FY20-21 FY21-22 FY22-23 FY23-24 FY18-19 FY19-20 FY20-21 FY21-22 FY22-23 FY23-24 BSE - PUBLIC 18
Slide 20: Services to Corporates - Performance
Business – Segment Update Services to Corporates - Performance Listing Fees (₹ million) Book Building & Other Services (₹ Million) 2,793 702 658 2,328 865 2,202 98 576 226 1,881 1,880 640 1,855 129 643 300 335 420 400 55 252 240 560 1,928 1,688 476 1,580 58 447 1,461 1,520 1,559 102 345 182 150 FY18
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: BSE Ebix Insurance Broking
Business – Segment Update BSE Ebix Insurance Broking Total Policies Collected Total Premium Collected (In Million) 408 68% 59% 24,669 243 15,480 7,259 120 5,806 45 FY20-21 FY21-22 FY22-23 FY23-24 FY20-21 FY21-22 FY22-23 FY23-24 Premium collected has grown by 68% in FY24 as compared to FY23 Present i
Slide 23: Global Rankings
Business Global Rankings MARKET CAPITALIZATION 7TH HIGHEST WITH US$ 4.6 Trillion INDEX OPTIONS VOLUME 2nd LARGEST WITH 5,858 Million Contracts Traded BSE NUMBER OF LISTED COMPANIES HIGHEST - 5,252 Companies CURRENCY OPTIONS TRADED VOLUME 5th LARGEST WITH 1.33 Million CURRENCY FUTURES TRADED VOLUME 4
Slide 24: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information BSE - PUBLIC 23
Slide 25: 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 Stockbroker's Association Mechanism • BSE corporatized • Launch
Slide 26: 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-share • Savings in cost and convenience • Expansion of services from current e- across all segments • Strong network of intermediaries platforms
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: 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 29: Consolidated Profit & Loss
Financial Highlights & Investor Information Consolidated Profit & Loss (₹ in million) Mar’24 Dec’23 Mar’23 FY FY Sr. No. Particulars Quarter Quarter Quarter 2023-24 2022-23 1 Transaction Charges 2,520 1,660 603 5,827 2,412 2 Treasury Income on Clearing and Settlement Funds 576 469 199 1,840 832 3 Ot
Slide 30: Consolidated Profit & Loss (cont’d)
Financial Highlights & Investor Information Consolidated Profit & Loss (cont’d) (₹ in million) Mar’24 Dec’23 Mar’23 FY FY Sr. No. Particulars Quarter Quarter Quarter 2023-24 2022-23 17 Operating EBITDA (7-16) 962 920 952 3,999 1,974 18 Operating EBITDA Margin (17/7 in %) 20% 25% 42% 29% 24% 19 Non-o
Slide 31: Standalone Profit & Loss
Financial Highlights & Investor Information Standalone Profit & Loss (₹ in million) Mar’24 Dec’23 Mar’23 FY FY Sr. No. Particulars Quarter Quarter Quarter 2023-24 2022-23 1 Securities Services 2,660 1,784 687 6,286 2,704 2 Services To Corporates 1,024 895 768 3,492 2,904 3 Data Dissemination Fees 11
Slide 32: Standalone Profit & Loss (cont’d)
Financial Highlights & Investor Information Standalone Profit & Loss (cont’d) (₹ in million) Mar’24 Dec’23 Mar’23 FY FY Sr. No. Particulars Quarter Quarter Quarter 2023-24 2022-23 14 Operating EBITDA (4-13) 127 1,059 630 2,186 1,438 15 Operating EBITDA Margin (14/4 in %) 3% 38% 40% 21% 24% 16 Non-op
Slide 33: Financial Overview
Financial Highlights & Investor Information Financial Overview (₹ in million) (₹ in million) Consolidated Key Performance Indicators Standalone Key Performance Indicators EPS 12.26 8.30 10.54 18.51 16.06 29.91 12.69 11.79 7.08 14.20 12.15 20.99 28% 28% 16,180 18,0 00 30% 32% 12,918 25% 14,0 00 35% 2
Slide 34: Financial Overview (cont’d)
Financial Highlights & Investor Information Financial Overview (cont’d) Consolidated Net Worth (₹ million) Standalone Net Worth (₹ million) 33,023 28,440 29,286 26,262 26,545 27,012 22,872 22,690 24,251 24,924 21,650 21,872 FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 18-19 FY 19-20 FY 2
Slide 35: Shareholding Pattern
Business Shareholding Pattern Mutual Funds, AIF's, 1.4% Others, 2.6% BSE Closing Price (Adjusted) 8.6% 3,000 FPI's & NRI's, Public, 38.0% 2,500 18.5% 2,000 1,500 1,000 Body Corporates, 500 9.5% 0 QIB, 8.9% Trading Members, 12.5% TOP 10 SHAREHOLDERS (As on Mar 31, 2024) MARKET DATA Life Insurance Cor
Slide 36: Thank You
THANK YOU INVESTOR RELATIONS CONTACT: Anand Sethuraman Head – Investor Relations +91 22 2272 8229 BSE - PUBLIC bse.ir@bseindia.com