Bse Ltd. · NSE:BSE
Bse — H1 FY27 Earnings Presentation
36 slides from Bse's earnings presentation, Nov 4, 2026
Slide 1: Exchange filing cover letter for Investor Presentation H1 FY27
BSE - PUBLIC November 4, 2026 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 – H1 FY27 Dear Madam/Sir, With reference to above
Slide 2: Investor Presentation H1 FY27
INVESTOR PRESENTATION H1 FY27
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 Prof. Subhasis ◼Former Director of IIT Bombay and K.N. Bajaj Shri ◼Diverse experience of 40+ years in Indian Chaudhuri Chair Professor, Dept. of Electrical Sundararaman capital market and banking sectors Ramamurthy Engineering
Slide 6: Board of Directors
About BSE – Board & Management Team Board of Directors Name Bio Name Bio Shri Shamanna ◼Over 38 years of international experience with Shri Rajiv Bansal ◼Former Secretary, Ministry of Civil Aviation, with Balasubramanya expertise in solution implementation and a distinguished career in key governmen
Slide 7: Key Management Personnel
About BSE – Board & Management Team Key Management Personnel Name Designation Name Designation Shri Sundararaman Ramamurthy • Managing Director & CEO Shri Saurabh Shukla • Executive Director-Vertical 1* Shri Gopalan S. Raghavan • Executive Director – Vertical 2* Shri Abhishek Jha • Joint Chief Infor
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 Average Daily BSE Listed Companies Investors ADTV Day T/o Traded Turnover USD 4.86 trillion 266 million+ Rs. 1,02,356 million Rs. 949 trillion 17.16 billion Rs
Slide 9: BSE Group
About BSE Business – Overview BSE Group BSE Group India International India BSE BSE CSR Central BFSI Sector India International BSE Index Clearing International Technologies Integrated Depository BSE Clearing Skill Council Bullion Holding Services Private Corporation Exchange (IFSC) Private Limited*
Slide 10: Diversified Lines of Business
About BSE Business – Overview Diversified Lines of Business .. • Equity • Mutual Funds • Debt • Book-building services for IPO • Equity Derivatives • Offer to Buy • Currency Derivatives • Offer for Sell • Commodity Derivatives • New Bond platform • SME & Startups • Insurance • Interest Rate Futures
Slide 11: Reflected in Revenue Stream
About BSE Business – Overview ..Reflected in Revenue Stream Consolidated (₹ million) Standalone (₹ million) 13,277 14, 000 14, 000 12,939 11,278 12, 000 12, 000 10,975 10, 000 10, 000 7,940 8,0 00 8,0 00 7,616 6,0 00 6,0 00 4,0 00 4,0 00 1,659 1,385 1,352 2,0 00 1,007 1,024 977 932 1,081 657 1,657 3
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) 3,018 1,02,356 2,595 2,495 79,500 77,666 75,837 1,624 2,021 66,221 1,044 1,405 1,525 53,961 1,384 1,130 1,216 41,971 41,320 1,006 820 425 532 678 390 26,757 1,394 1,451 211 1
Slide 14: Equity Derivatives - Performance
Business – Segment Update Equity Derivatives - Performance 153 156 616 180 .00 300 .00 14. 0 700 151 586 600 550 567 528 160 .00 126 128 505 12. 0 600 125 250 .00 140 .00 120 453 479 12.0 100 422 11.2 10. 0 500 120 .00 94 200 .00 365 391 10.4 83 82 8.0 306 9.5 400 8.7 100 .00 68 150 .00 7.9 245 7.1
Slide 15: 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 54 307 15,871 Million Network of Distributors 84,711 721 Cities/towns covered Data as on Sept 26 14
Slide 16: BSE StAR Mutual Fund Platform – Performance
Business – Segment Update BSE StAR Mutual Fund Platform – Performance Number of Orders (₹ million) Mutual Fund Revenue 2,852 841 2,307 663 25% 480 11% 1,457 411 384 1,281 1,311 265 786 185 504 447 94 341 57 FY20 FY21 FY22 FY23 FY24 FY25 FY26 H1 FY26 H1 FY27 FY20 FY21 FY22 FY23 FY24 FY25 FY26 H1 FY26
Slide 17: Services to Corporates - Performance
Business – Segment Update Services to Corporates - Performance Listing Related Income (₹ million) Book Building & Other Services (₹ million) 1,60 0 3,811 1,362 1,378 1,40 0 3,522 338 1,20 0 408 1,396 2,793 1,279 1,00 0 2,328 2,202 865 741 702 800 1,880 1,855 1,852 1,921 658 640 643 587 182 576 300 3
Slide 18: BSE SME: Enabling SME Growth Through Capital Markets
Business – Segment Update BSE SME: Enabling SME Growth Through Capital Markets 811 7,00 0 160 146 6,225 140 6,00 0 120 5,00 0 companies listed on the BSE 99 SME platform 4,238 100 4,00 0 78 ₹19,459 Cr 80 3,00 0 60 63 57 58 2,701 Capital raised through IPOs 60 47 38 2,00 0 36 36 ₹1.03 lakh Cr 33 40 2
Slide 19: Co-location Services – Capacity & Revenue
Business – Segment Update Co-location Services – Capacity & Revenue Racks Capacity (Full rack equivalent basis) Revenue (₹ million) 600 600 523 504 500 481 474 477 477 477 462 500 412 412 400 234 400 235 236 224 340 342 227 300 274 247 300 209 216 200 200 201 38 184 289 157 250 268 235 244 123 100 1
Slide 20: BSE Clearing Limited (BSECL)
Business – Segment Update BSE Clearing Limited (BSECL) BSECL, a wholly-owned subsidiary of BSE Ltd., was established in 2007. Recognized by Securities and Exchange Board of India (SEBI) under the Securities Contracts Regulations (2018), BSECL serves as the clearing corporation for BSE, managing Coll
Slide 21: BSE Index Services Private Limited
Business – Segment Update BSE Index Services Private Limited BSE Index Services Pvt. Ltd. (formerly Asia Index Pvt. Ltd) is a wholly owned subsidiary of BSE Ltd. Its flagship index, which is also the oldest in India, the SENSEX, is one of the most popular barometers of the Indian economy, reflecting
Slide 22: 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 23: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 22
Slide 24: 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 • Started as The Native Share & commenced Stockbroker's Association • Launch of “BSE–BOND”- Electronic • BSE corporatized Book Mechanism • Launch
Slide 25: 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 26: Index
Index 1. About BSE 2. Business 3. Key Growth Drivers & Other Initiatives 4. Financial Highlights & Investor Information 25
Slide 27: 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 28: Consolidated Profit & Loss
Financial Highlights & Investor Information Consolidated Profit & Loss (₹ in million) Sept'26 Jun'26 Sept'25 H1 FY H1 FY FY Sr. No. Particulars YoY Quarter Quarter Quarter 2027 2026 2026 1 Transaction Charges 11,278 13,277 7,940 24,556 15,315 60% 37,950 2 Treasury Income on Clearing and Settlement F
Slide 29: Consolidated Profit & Loss (cont’d)
Financial Highlights & Investor Information Consolidated Profit & Loss (cont’d) (₹ in million) Sept'26 Jun'26 Sept'25 H1 FY H1 FY FY Sr. No. Particulars YoY Quarter Quarter Quarter 2027 2026 2026 16 Profit Before Contribution to core settlement guarantee fund (8-15) 10,558 11,700 7,296 22,259 14,147
Slide 30: Standalone Profit & Loss
Financial Highlights & Investor Information Standalone Profit & Loss (₹ in million) Sept'26 Jun'26 Sept'25 H1 FY H1 FY FY Sr. No. Particulars YoY Quarter Quarter Quarter 2027 2026 2026 1 Transaction Charges 10,975 12,939 7,616 23,915 14,758 62% 36,695 2 Services To Corporates 1,657 1,004 1,385 2,661
Slide 31: Standalone Profit & Loss (cont’d)
Financial Highlights & Investor Information Standalone Profit & Loss (cont’d) (₹ in million) Sept'26 Jun'26 Sept'25 H1 FY H1 FY FY Sr. No. Particulars YoY Quarter Quarter Quarter 2027 2026 2026 15 Profit Before Contribution to core settlement guarantee fund (7-14) 10,320 10,991 6,865 21,310 12,966 6
Slide 32: Financial Overview
Financial Highlights & Investor Information Financial Overview (₹ in million) Consolidated Key Performance Indicators (₹ in million) Standalone Key Performance Indicators 3.51 6.17 5.35 9.90 32.18 60.61 26.36 40.86 2.36 56.66 23.47 38.22 60,0 00 60% 4.73 4.05 7.00 27.00 60,0 00 60% EPS 51,481 50,0 0
Slide 33: Financial Overview (cont’d)
Financial Highlights & Investor Information Financial Overview (cont’d) Consolidated Net Worth (₹ million) Standalone Net Worth(₹ million) 79,520 90,0 00 80,0 00 80,0 00 69,294 70,0 00 70,0 00 66,730 57,665 60,0 00 60,0 00 52,108 50,0 00 44,129 50,0 00 44,237 37,476 40,0 00 40,0 00 33,023 28,440 30,
Slide 34: Shareholding Pattern
Business Shareholding Pattern BSE Adjusted Closing Price 5,000 AIF's, 0.3%Others, 2.1% Mutual Funds, 4,500 16.8% 4,000 Public, 36.2% 3,500 3,000 2,500 2,000 1,500 1,000 FPI's &… 500 Trading - Body Dec-24 May-25 Feb-25 Dec-25 May-26 Feb-26 Oct-24 Apr-25 Jul-25 Nov-24 Oct-25 Apr-26 Nov-25 Jan-25 Jan-2
Slide 35: Awards & Recognitions
Business Awards & Recognitions Exchange Asia Best of Derivative Exchange Best Content Trusted Employer Brand The Year of the Year Marketing Brand 2025 World BFSI Risk Asia Awards CMO Asia AFAQ’s Bankfin 2026 Reader's Digest Congress 2025 Awards 2026 Awards Asia’s Best Derivatives Innovation of the Y
Slide 36: Thank You
THANK YOU INVESTOR RELATIONS CONTACT: Anand Sethuraman Head – Investor Relations +91 22 2272 8229 [email protected]