BSE Ltd (NSE:BSE)
₹ 3,605 +8.9 (+0.25%) Market Cap: 1.46 Tn Enterprise Value: 1.43 Tn PE Ratio: 52.44 PB Ratio: 22.03 GF Score: 86/100

Q2 2025 BSE Ltd Earnings Call Transcript

Nov 12, 2024 / 01:00 PM GMT
Release Date Price: ₹1559.4 (+1.19%)

Key Points

Positve
  • BSE Ltd (NSE:BSE) achieved its highest ever quarterly revenues of INR 819 crores, marking a 123% increase compared to the same quarter last year.
  • The company surpassed the 50% operating EBITDA margin threshold for the first time, reaching 52% for the current quarter.
  • BSE Ltd's mutual fund distribution platform, BSE Star MF, delivered record revenues, growing 100% year-on-year to reach INR 58.7 crores.
  • The company recorded a significant milestone with a net profit attributable to shareholders of INR 346.8 crores, up from INR 120.5 crores, a growth of 188%.
  • BSE Ltd is continuously investing in technology upgrades and is building a state-of-the-art data center expected to be operational by the end of the financial year.
Negative
  • There is a concern about the sustainability of the core revenue growth, especially with upcoming regulatory changes impacting the derivatives market.
  • BSE Ltd faces challenges in gaining traction for its single stock futures and options, with limited availability on major brokerage platforms.
  • The company is experiencing higher clearing charges compared to other exchanges, which could impact its competitive positioning.
  • There is a noted decline in volumes for BSE's Sensex and Bankex contracts, with a higher slowdown compared to NSE's similar products.
  • Technological readiness and broker participation remain hurdles for expanding the reach of BSE's new products, impacting market penetration.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BSEL.NS - BSE Ltd
Q2 2025 BSE Ltd Earnings Call
Nov 12, 2024 / 01:00PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to BS C Limited Q2 FY25 investors conference call.

This conference call may contain forward-looking statements about the company which are based on belief, opinion and expectation of the company. As on the date of this call, these statements are not the guarantees of future performance and involve risk and uncertainties that are difficult to predict as a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the conference call? Please signal an operator by pressing star zero on your touchtone phone.

Please note that this conference is being recorded.
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