Bse Ltd. · NSE:BSE
Bse — Investor Presentation (May 2019)
34 slides from Bse's investor presentation, May 7, 2019
Slide 1: Cover letter to NSE listing department
BSE - PUBLIC 35E EXPERIENCE THE NEW Date: May 7, 2019 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 2019 Dear Sir/Madam,
Slide 2: BSE Limited Investor Presentation – May 2019
BSE - CONFIDENTIAL BSE BSE Limited Limited Investor Investor Presentation Presentation –- May May 2019 2019
Slide 3: Disclaimer
BSE - CONFIDENTIAL Disclaimer SSE EXPERIENCE THE NEW 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
Slide 4: Index
Index BSE - CONFIDENTIAL SSE EXPERIENCE THE NEW 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 3
Slide 5: About BSE – Board & Management Team
About BSE – Board & Management Team BSE - CONFIDENTIAL Board of Directors SSE EXPERIENCE THE NEW Name Bio Name Bio Shri Ashishkumar Manilal Previously, Group Chief Information Shri David Wright Former General Secretary of IOSCO (2012- Chauhan Officer, Reliance Industries Limited Public Interest
Slide 6: About BSE – Board & Management Team
About BSE – Board & Management Team BSE - CONFIDENTIAL Management Team SSE EXPERIENCE THE NEW Name Bio Shri Ashishkumar Manilal Chauhan B Tech in Mechanical Engineering from IIT Bombay and a PGDM from IIM Kolkata Managing Director & CEO He is one of the founders of India's National Stock Exchang
Slide 7: About BSE – The Journey So Far
About BSE – The Journey So Far BSE - CONFIDENTIAL Key Milestones – The transformation over time SSE EXPERIENCE THE NEW 1875 2005 2009 2012 2013 • BSE started as The Native Share • BSE corporatized • Mutual Fund Platform (“Star • BSE Small & Medium Enterprises • Currency Derivatives launched & Stock
Slide 8: Index
Index BSE - CONFIDENTIAL SSE EXPERIENCE THE NEW 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 7
Slide 9: Business Overview – Diversified Lines of Business
Business - Overview BSE - CONFIDENTIAL Diversified Lines of Business SSE EXPERIENCE THE NEW • 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 Fut
Slide 10: Segment Update – Equity Cash Performance
Business – Segment Update BSE - CONFIDENTIAL Equity Cash - Performance SSE EXPERIENCE THE NEW Average Daily Turnover (₹ million) Transaction Charges Income (₹ million) 44,023 1442 40,252 35,179 1174 31,274 29,963 842 617 809 531 351 485 - 112 558 599 485 419 458 FY14-15 FY15-16 FY16-17 FY17-18 FY18-
Slide 11: Segment Update – Currency Derivatives Performance
Business – Segment Update BSE - CONFIDENTIAL Currency Derivatives – Performance SSE EXPERIENCE THE NEW Average Daily Turnover (₹ million) Average Daily Number of Contracts Traded (million) 3,02,707 CAGR 39% CAGR 34% 182,891 1,70,753 2.45 114,212 131,060 1,00,932 1.58 80,191 37,751 56,356 0.58 0.
Slide 12: Segment Update – Commodity Derivatives Performance
Business – Segment Update BSE - CONFIDENTIAL Commodity Derivatives- Performance SSE EXPERIENCE THE NEW Turnover (₹ million) Introduced commodity futures contracts for trading in Gold, Silver, Copper, Oman Crude Oil, Guar Gum, Guar 72282 Seed, Cotton 70494 65385 268 Members admitted to trading in BSE
Slide 13: BSE StAR Mutual Fund Platform – Introduction
Business – Segment Update BSE - CONFIDENTIAL BSE StAR Mutual Fund Platform – Introduction SSE EXPERIENCE THE NEW E-platform - access from Allows multi-mode e- remote areas platform access BSE StAR MF Mutual Funds Real-time investor 24x7 order acceptance registration & onboarding E-platform for inves
Slide 14: BSE StAR Mutual Fund Platform – Reach & Coverage
Business – Segment Update BSE - CONFIDENTIAL BSE StAR Mutual Fund Platform – Reach & Coverage SSE EXPERIENCE THE NEW Number of registered 22.2 Mutual Fund Registered Muti Investors 39 Million Number of cities Over 9389 Number of Schemes covered 600 Available Sample text 2.57 Number of Registered Mil
Slide 15: BSE StAR Mutual Fund Platform – Performance
Business – Segment Update BSE - CONFIDENTIAL BSE Star Mutual Fund Platform - Performance SSE EXPERIENCE THE NEW Average Daily Number of Orders Revenue (₹ million) 1,45,214 83 77 71 60 CAGR 117.12% 69,229 26,143 13,280 6,534 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 FY14-15 FY15-16 FY16-17 FY17-18 FY18-19 Ex
Slide 16: Services to Corporates – Performance
Business – Segment Update BSE - CONFIDENTIAL Services to Corporates - Performance SSE EXPERIENCE THE NEW Listing Fees (₹ million) Book Building & Other Services (₹ million) CAGR 18% 420 496 100 CAGR 27% 433 340 332 102 1,461 1,280 44 331 1,042 53 1,013 626 41 143 149 112 55 FY14-15 FY15-16 FY16-
Slide 17: India International Exchange IFSC – Introduction
Business – Segment Update SSE BSE - CONFIDENTIAL India International licuaval Exchange IFSC – Introduction I 1111.411:11 IIIL,G1 EXPERIENCE THE NEW Equity Index Derivatives Indian Stock Futures Asset Classes Global Stock Futures Commodity Futures & Contracts Commodity Options Currency De
Slide 18: India International Exchange IFSC – Performance
Business – Segment Update SSE BSE - CONFIDENTIAL India International Exchange IFSC – Performance EXPERIENCE THE NEW Marketshare Fund Raising / Listing MTN Programme Bonds Listing is 10 USD 42,574 million 0% AllIbk Aft Numbers MTN Programme Established Value 100% 98% 33 IUSD 14,720 million Numbers Va
Slide 19: India International Exchange IFSC
Business - Segment Update BSE - CONFIDENTIAL India International Exchange IFSC SSE EXPERIENCE THE NEW Total Turnover (in USD Million) Number of Contracts Traded 48,59,332 62,952 2,20,470 52,666 9,209 52,274 37,43,573 34,39,843 3,82,992 16,864 15,093 4,45,013 29,043 46,38,862 18,38,223 53,742 15,132
Slide 20: Global Rankings
Business BSE - CONFIDENTIAL Global Rankings SSE EXPERIENCE THE NEW 9th highest globally with $ 2.2 trillion* Currency Market Futures 3rd largest Capitalization Traded globally with Volume 31 million# Electronic Book Currency Options Trades Traded Volume Number of 13th largest Listed Companies Larges
Slide 21: Marketshare
Business BSE - CONFIDENTIAL Marketshare SSE EXPERIENCE THE NEW Red Ocean Businesses Blue Ocean Businesses 74% 79% 73% 59% 55% 42% 38% 34% 9% Companies/ Currency Interest Rate Debt/ Fixed Equity Cash StAR MF@ SME# BSE Bond India INX Securities Listed$ Derivatives Derivatives Income Established leader
Slide 22: Index
Index BSE - CONFIDENTIAL SSE EXPERIENCE THE NEW 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 21
Slide 23: Key Growth Drivers
Key Growth Drivers & Other Initiatives BSE - CONFIDENTIAL Key Growth Drivers SSE EXPERIENCE THE NEW Inter-operability of Clearing E-platform Services Corporations International Exchange Mutual Fund I I • Expansion of services from • Can lead to increase in • Unified Regulator to be set up • Savings
Slide 24: Other Initiatives
Key Growth Drivers & Other Initiatives BSE - CONFIDENTIAL Other Initiatives SSE EXPERIENCE THE NEW Insurance Broking Power Exchange Commodity Derivatives BSE Bond Platform • Set up JV named BSE Ebix • Pranurja Solutions Limited • Launched Commodity • Over ₹ 3.42 trillion of Insurance Broking Private
Slide 25: Index
Index BSE - CONFIDENTIAL SSE EXPERIENCE THE NEW 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives a 4. Financial Highlights & Investor Information 24
Slide 26: 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 SSE EXPERIENCE THE NEW Primary Trading Clearing & Settlement Distribut
Slide 27: Standalone Profit & Loss
Financial Highlights & Investor Information BSE - CONFIDENTIAL Standalone Profit & Loss SSE EXPERIENCE THE NEW Operational Income (₹ in million) Mar’18 Mar’19 Year Ending 31-Mar-17 31-Mar-18 31-Mar-19 Quarter Quarter Securities Services 1,504 1,869 1,363 555 366 Services to Corporates 1,569 2,206 2,
Slide 28: Standalone Profit & Loss (cont'd)
Financial Highlights & Investor Information BSE - CONFIDENTIAL Standalone Profit & Loss (cont’d) SSE EXPERIENCE THE NEW (₹ in million) Mar’18 Mar’19 Year Ending 31-Mar-17 31-Mar-18 31-Mar-19 Quarter Quarter Total Income 5,510 6,511 6,124 1,755 1,575 Employee Expenses 761 742 848 199 215 Technology C
Slide 29: Consolidated Profit & Loss
Financial Highlights & Investor Information BSE - CONFIDENTIAL Consolidated Profit & Loss SSE EXPERIENCE THE NEW (₹ in million) Mar’18 Mar’19 Year Ending 31-Mar-17 31-Mar-18 31-Mar-19 Quarter Quarter - Transaction Charges 1,224 1,581 1,139 452 286 - Treasury Income on Clearing and Settlement Funds 4
Slide 30: Consolidated Profit & Loss (cont'd)
Financial Highlights & Investor Information BSE - CONFIDENTIAL Consolidated Profit & Loss (cont’d) SSE EXPERIENCE THE NEW (₹ in million) Mar’18 Mar’19 Year Ending 31-Mar-17 31-Mar-18 31-Mar-19 Quarter Quarter Total Income 6,183 6,989 6,875 1,954 1,821 Employee Expenses 1,166 1,200 1,392 320 355 Tech
Slide 31: Financial Overview – Consolidated
Financial Highlights & Investor Information BSE - CONFIDENTIAL Financial Overview - Consolidated SSE EXPERIENCE THE NEW Key Performance Indicators 16,000 21% 20% 36% 31% 28% 110% (₹ in million) 14,000 90% 12,000 70% 10,000 50% 8,000 6,701 6,989 6,875 6,248 6,183 30% 6,000 10% 4,000 2,206 2,148 1,942
Slide 32: Financial Overview (cont'd)
Financial Highlights & Investor Information BSE - CONFIDENTIAL Financial Overview (cont’d) SSE EXPERIENCE THE NEW Consolidated Net-worth (₹ million) 30,806 29,357 26,312 24,609 25,229 FY14-15 FY15-16 FY16-17 FY17-18 FY18-19 100 Dividend per share (₹) & Pay-out Ratio 140% 90 120% 80 93% 95% 97% 70 87
Slide 33: Shareholding Pattern
Business BSE - CONFIDENTIAL Shareholding Shareholding PatternPattern SSE EXPERIENCE THE NEW SHAREHOLDING PATTERN Closing Price 1,000 Others 900 48% 800 Trading Members 700 19% 600 500 400 Banks 300 4% 200 100 Mutual Funds Financial - 4% Institution FDI / FII / FPI 5% 6,4 .,„"tib sP Ztib S, Or. _t42i
Slide 34: Thank You – Investor Relations Contact
BSE - CONFIDENTIAL 3SE EXPERIENCE THE NEW THANK YOU INVESTOR RELATIONS CONTACT : Yogesh Joshi Head – Investor Relations +91 22 2272 8810 Him / Ulm bse.ir@bseindia.com 1.1111 pli OEM MINI Mill ...N.., Inn' ....... Vilna ........„„, ••••..... A. iiiiii ..4.1.: aftraft si ifilla 11111I■II II lallift