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

Q3 2025 BSE Ltd Earnings Call Transcript

Feb 6, 2025 / 01:00 PM GMT
Release Date Price: ₹1855.85 (-4.55%)

Key Points

Positve
  • BSE Ltd (NSE:BSE) recorded its highest ever quarterly revenues of INR 835.4 crores, up 94% compared to the previous year.
  • Operational revenues grew by 198% to INR 773.5 crores, driven by strong performance in transaction-related income and treasury income.
  • The mutual fund distribution business, BSE Star MF, achieved record revenues, up 92% year-on-year, processing 17.99 crore transactions.
  • BSE welcomed 30 new listings, raising a record INR 95,512 crores, up 61% year-on-year, indicating a healthy IPO pipeline.
  • The company is committed to upgrading its trading systems to enhance trading experience and risk management capabilities.
Negative
  • Operating expenses grew by 86% to INR 567 crores, with a significant portion attributed to contributions to the core settlement guarantee fund.
  • The equity cash market share has not shown significant improvement despite efforts to increase traction.
  • The number of contracts traded in the derivatives segment has declined, impacting overall trading volumes.
  • There is uncertainty regarding the future impact of regulatory changes on the clearing and settlement business.
  • The single stock derivative segment has yet to pick up meaningful volumes, with limited member participation.


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

BSEL.NS - BSE Ltd
Q3 2025 BSE Ltd Earnings Call
Feb 06, 2025 / 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 BC Limited Q3 FY25 investor conference call. 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 then zero on your Touchstone phone.

Please note that this conference is being recorded.

I now hand the conference over to Mr Anon. Thank you and over to you, sir.

Good evening everyone and thank you so much, Sago.

Hi, this is Alan.

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Unidentified_2 [2]
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