Slide 1: Filing cover letter to NSE
BSE - PUBLIC November 12, 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 – Q2 FY25 (H1 FY25) Dear Madam/Sir, With referen
Slide 2: Investor Presentation H1 FY25
INVESTOR PRESENTATION H1 FY25
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 Shri ◼Diverse experience of 40+ years in Indian Justice Shiavax ◼Retired Chief Justice of the Punjab & Haryana Sundararaman Jal Vazifdar capital market and banking sectors High Court Ramamurthy ◼Prior to joining BSE, he was the
Slide 6: Board of Directors
About BSE – Board & Management Team Board of Directors Name Bio Name Bio ◼Works as a Strategy Advisor to various Prof. Subhasis ◼Director of IIT Bombay and K.N. Bajaj Chair Shri Nandkumar organizations, with a focus on security, ethics, Chaudhuri Professor, Dept. of Electrical Engineering Saravade i
Slide 7: Key Management Personnel
About BSE – Board & Management Team Key Management Personnel Name Designation Name Designation Shri Sundararaman Ramamurthy • Managing Director & CEO Sushri Kamala K. • Chief Regulatory Officer Shri Sunil Ramrakhiani • Chief Business Officer Shri Deepak Goel • Chief Financial Officer Shri Sameer Pat
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 (H1 FY25) Day T/o Traded (H1 FY25) USD 5.72 trillion 192 million+ Rs. 93,963 million Rs. 564 trillion 32 billion Rs.
Slide 9: BSE Group
About BSE Business – Overview BSE Group 100 100 100 100 100 100 51.22 15 60.53 62.87 100 Central India India Indian BSE BSE BFSI Sector Depository Internationa BSE CSR BSE BSE International Clearing Administration Asia Index Technologie Skill Institute Investments Services l Clearing Exchange Integr
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) 5,071 5,029 4,001 3,663 1,322 1,195 1,191 952 982 945 867 880 867 630 620 670 624 573 567 504 383 629 475 495 371 352 217 57 37 50 75 60 79 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) 88% 93,963 2,595 2,021 66,221 1,405 74% 1,738 53,961 1,525 49,965 1,130 41,971 41,320 888 1,006 820 997 26,757 390 678 546 211 1,190 891 850 616 705 467 451 FY19-20 FY20-21 F
Slide 14: Equity Derivatives – Performance
Business – Segment Update Equity Derivatives – Performance Average Daily T/o (Rs. Tn) Average Daily Contracts (in Mn) 169 144 151 124 139 136 132 116 109 100 111 107 100 99 85 80 74 71 78 57 54 50 40 35 33 26 16 11 0.03 0.02 7 4 2 1 w.e.f 1st Oct 24, BSE has revised its transaction charges for Sense
Slide 15: Equity Derivatives – Performance
Business – Segment Update Equity Derivatives – Performance AD Premium T/o (Rs. Mn) Members 95,514 453 446 422 431 84,534 413 402 391 385 76,195 74,743 374 72,209 365 346 330 58,694 306 287 51,588 51,561 247 40,313 36,714 200 152 18,527 18,041 14,258 6,163 3,017 744 22 Total Revenue (Rs. Mn) UCC( 000
Slide 16: 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 43 206.15 Million 11,655 Network of Distributors 78,382 721 Cities/towns covered Data as on Sept 30, 2024 15
Slide 17: BSE StAR Mutual Fund Platform – Performance
Business – Segment Update BSE StAR Mutual Fund Platform – Performance Number of Orders (in million) Mutual Fund Revenue (₹ million) 411 1,281 101 1,067 % 70 304 % 265 786 185 179 532 504 447 341 94 290 57 36 FY18-19 FY19-20 FY20-21 FY21-22 FY22-23 FY23-24 H1 FY24 H1 FY25 FY18-19 FY19-20 FY20-21 FY21
Slide 18: 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 98 576 226 566 1,881 1,880 1,855 640 643 129 158 300 335 1,570 420 400 1,264 55 492 313 331 560 252 240 73 1,928 1,688 476 1,580 58 447 1,4
Slide 19: 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 20: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 19
Slide 21: 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 22: 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 23: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 22
Slide 24: 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 25: Consolidated Profit & Loss
Financial Highlights & Investor Information Consolidated Profit & Loss (₹ in million) Sept’24 June’24 Sept’23 H1 FY H1 FY FY FY Sr. No. Particulars Quarter Quarter Quarter 2024-25 2023-24 2023-24 2022-23 1 Transaction Charges 5,071 4,001 1,322 9,072 2,223 7,089 3,155 2 Treasury Income on Clearing an
Slide 26: Consolidated Profit & Loss (cont’d)
Financial Highlights & Investor Information Consolidated Profit & Loss (cont’d) (₹ in million) Sept’24 June’24 Sept’23 H1 FY H1 FY FY FY Sr. No. Particulars Quarter Quarter Quarter 2024-25 2023-24 2023-24 2022-23 17 Profit Before Tax, Exceptional Items And Share Of Associates (8-16) 4,323 3,266 1,63
Slide 27: Standalone Profit & Loss
Financial Highlights & Investor Information Standalone Profit & Loss (₹ in million) Sept’24 June’24 Sept’23 H1 FY H1 FY FY FY Sr. No. Particulars Quarter Quarter Quarter 2024-25 2023-24 2023-24 2022-23 1 Transaction Charges 5,029 3,663 982 8,692 1,643 5,820 2,411 2 Services To Corporates 1,191 945 8
Slide 28: Standalone Profit & Loss (cont’d)
Financial Highlights & Investor Information Standalone Profit & Loss (cont’d) (₹ in million) Sept’24 June’24 Sept’23 H1 FY H1 FY FY FY Sr. No. Particulars Quarter Quarter Quarter 2024-25 2023-24 2023-24 2022-23 15 Profit Before Exceptional Item and Tax (6-12-15) 3,747 2,316 1,147 6,063 1,839 4,145 2
Slide 29: Financial Overview
Financial Highlights & Investor Information Financial Overview (₹ in million) (₹ in million) Consolidated Key Performance Indicators Standalone Key Performance Indicators EPS 8.30 10.54 18.51 16.06 29.91 14.24 44.55 11.79 7.08 14.20 12.15 20.99 8.30 33.12 41% 12,918 13,061 35% 16,180 18,000 45% 14,0
Slide 30: Financial Overview (cont’d)
Financial Highlights & Investor Information Financial Overview (cont’d) Consolidated Net Worth (₹ million) Standalone Net Worth (₹ million) 37,078 30,923 33,023 28,440 31,005 26,833 26,545 27,012 22,872 22,690 24,251 24,924 21,650 21,872 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 H1 FY24 H1 FY25 F
Slide 31: Shareholding Pattern
Business Shareholding Pattern Mutual Funds AIF's Others 4.75% 0.89% 2.32% BSE’s Closing Price (Adjusted) FPI's & NRI's 4,500 13.42% Public 4,000 38.26% 3,500 3,000 2,500 Body Corporates 2,000 13.94% 1,500 1,000 500 QIB - 10.55% Dec-23 May-23 Feb-23 Oct-23 May-24 Jan-23 Apr-23 Nov-23 Feb-24 Jun-24 Ja
Slide 32: Thank You
THANK YOU INVESTOR RELATIONS CONTACT: Anand Sethuraman Head – Investor Relations +91 22 2272 8229 bse.ir@bseindia.com