Stox
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BSE Ltd.
NSE: BSE · Financial Services
₹3,800.00+0.26%06 Nov 2026
Check figures: unusual quarterly results in SEP '26 (₹809.15 cr vs a typical ₹62.08 cr). This may be a filing error (e.g. lakh filed as crore) or a genuine one-off; figures are shown as filed. Trailing-twelve-month figures include it.
Ask the data
Instant answers about BSE Ltd. — computed from its filings, no language modelMarket cap₹1,55,002 cr
Current price₹3,800.00
High / Low₹4,403 / ₹2,443
P/E50.3
P/B19.49
Book value₹194.9
ROE38.8%
ROCE50.5%
Debt / equity0.00
Dividend yield0.20%
EPS (TTM)₹75.57
Face value₹2
Price & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 477 | 450 | 451 | 501 | 743 | 816 | 1,390 | 2,957 | 4,834 |
| EBITDA | 100 | 17 | -49 | 39 | 213 | 197 | 400 | 1,500 | 3,079 |
| Operating margin | 21.0% | 3.7% | -10.9% | 7.7% | 28.7% | 24.2% | 28.8% | 50.7% | 63.7% |
| Interest | 1 | 1 | 2 | 10 | 22 | 27 | 15 | 0 | 0 |
| Depreciation | 45 | 51 | 51 | 58 | 48 | 60 | 95 | 113 | 159 |
| Profit before tax | 273 | 188 | 109 | 109 | 263 | 248 | 924 | 1,666 | 3,234 |
| Tax | 55 | 23 | 15 | 11 | 82 | 92 | 224 | 431 | 824 |
| Net profit | 711 | 199 | 122 | 145 | 254 | 221 | 778 | 1,326 | 2,497 |
| EPS ₹ | 130.41 | 37.75 | 24.57 | 33.00 | 18.51 | 16.06 | 29.91 | 96.55 | 60.61 |
| Operating cash flow | — | — | — | — | 1,442 | -137 | 2,842 | 410 | 3,104 |
| Capex | — | — | — | — | 32 | 143 | 131 | 153 | 515 |
| Dividend paid | — | — | — | — | 96 | 186 | 165 | 206 | 316 |
| Total assets | — | — | — | — | — | 5,994 | 9,450 | 10,342 | 13,446 |
| Equity | — | — | — | — | — | 2,701 | 3,302 | 4,424 | 6,673 |
Quarterly performance
last 35 quarters · ₹ crore| MAR '18 | JUN '18 | SEP '18 | DEC '18 | MAR '19 | JUN '19 | SEP '19 | DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 137 | 117 | 115 | 105 | 116 | 112 | 109 | 110 | 120 | 103 | 125 | 121 | 152 | 157 | 189 | 193 | 205 | 187 | 198 | 204 | 227 | 216 | 315 | 372 | 488 | 608 | 746 | 774 | 847 | 958 | 1,068 | 1,244 | 1,564 | 1,566 | 1,433 |
| Operating profit | 26 | 18 | 10 | -11 | -0 | 5 | -12 | -16 | -22 | -14 | 13 | 2 | 37 | 41 | 53 | 58 | 61 | 50 | 13 | 39 | 95 | 70 | 142 | 92 | 96 | 284 | 389 | 237 | 594 | 626 | 680 | 732 | 1,041 | 1,046 | 973 |
| Operating margin | 19.3% | 15.2% | 8.8% | -10.7% | -0.1% | 4.9% | -11.4% | -15.0% | -18.5% | -13.3% | 10.5% | 1.8% | 24.5% | 26.3% | 28.2% | 29.9% | 29.8% | 26.6% | 6.8% | 19.1% | 42.0% | 32.5% | 45.1% | 24.7% | 19.7% | 46.7% | 52.1% | 30.6% | 70.1% | 65.3% | 63.7% | 58.8% | 66.6% | 66.8% | 67.9% |
| Other income | 59 | 49 | 49 | 72 | 66 | 54 | 51 | 39 | 36 | 59 | 35 | 42 | 18 | 29 | 37 | 26 | 29 | 11 | 42 | 41 | 44 | 56 | 52 | 60 | 60 | 67 | 73 | 62 | 80 | 86 | 71 | 90 | 67 | 141 | 118 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 3 | 3 | 4 | 5 | 5 | 8 | 8 | 7 | 6 | 6 | 7 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 13 | 12 | 12 | 13 | 15 | 12 | 13 | 13 | 13 | 13 | 14 | 15 | 15 | 12 | 12 | 12 | 13 | 10 | 12 | 17 | 21 | 21 | 23 | 25 | 26 | 24 | 29 | 30 | 30 | 27 | 32 | 45 | 55 | 43 | 46 |
| Profit before tax | 70 | 53 | 43 | 45 | 48 | 43 | 25 | 41 | -0 | 30 | 17 | 26 | 37 | 54 | 73 | 66 | 69 | 43 | 36 | 57 | 113 | 504 | 163 | 127 | 130 | 327 | 432 | 268 | 643 | 685 | 719 | 777 | 1,053 | 1,144 | 1,045 |
| Tax | 15 | 7 | 10 | 2 | 4 | 9 | -4 | 1 | 8 | 7 | -19 | 6 | 17 | 16 | 28 | 24 | 14 | 13 | 22 | 23 | 34 | 76 | 64 | 37 | 47 | 85 | 111 | 69 | 166 | 175 | 182 | 199 | 268 | 291 | 265 |
| Net profit | 62 | 52 | 46 | 50 | 52 | 41 | 37 | 46 | -1 | 33 | 47 | 32 | 33 | 52 | 65 | 61 | 74 | 40 | 34 | 52 | 91 | 443 | 120 | 108 | 107 | 264 | 347 | 220 | 494 | 539 | 558 | 602 | 797 | 874 | 809 |
| EPS ₹ | 11.41 | 9.64 | 8.72 | 9.52 | 9.87 | 7.86 | 6.95 | 9.81 | -0.42 | 7.09 | 10.05 | 6.86 | 6.93 | 11.32 | 14.22 | 13.38 | 5.42 | 3.20 | 2.46 | 3.76 | 6.64 | 32.21 | 8.77 | 7.88 | 7.79 | 19.30 | 25.25 | 16.00 | 36.00 | 13.09 | 13.56 | 14.61 | 19.35 | 21.22 | 19.64 |
| Revenue YoY | — | — | — | — | -15.3% | -4.1% | -5.4% | 5.0% | 3.3% | -8.0% | 15.1% | 9.7% | 27.3% | 52.1% | 50.5% | 59.8% | 34.4% | 19.0% | 4.8% | 5.9% | 11.0% | 15.4% | 59.1% | 82.2% | 115.1% | 181.8% | 137.3% | 108.2% | 73.4% | 57.7% | 43.2% | 60.8% | 84.7% | 63.4% | 34.1% |
| Profit YoY | — | — | — | — | -16.5% | -19.8% | -20.0% | -9.0% | -102.5% | -19.8% | 27.6% | -29.0% | — | 56.5% | 39.2% | 89.3% | 128.7% | -22.8% | -48.1% | -15.7% | 22.4% | 1006.1% | 256.4% | 109.5% | 17.4% | -40.3% | 187.8% | 103.0% | 361.9% | 104.1% | 61.0% | 174.0% | 61.3% | 62.0% | 44.9% |
Returns & margins
trailing-twelve-month, per quarter| DEC '18 | MAR '19 | JUN '19 | SEP '19 | DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 8.2% | 7.8% | 8.0% | 22.9% | 22.8% | 24.6% | 23.6% | 18.2% | 22.3% | 25.3% | 30.0% | 36.2% | 34.8% | 42.1% | 37.4% | 42.4% | 38.8% |
| ROCE | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 9.4% | 9.1% | 10.2% | 27.3% | 27.9% | 29.9% | 28.4% | 22.8% | 27.4% | 31.2% | 37.8% | 45.9% | 44.4% | 54.2% | 48.5% | 55.3% | 50.5% |
| Net margin | 44.3% | 44.0% | 42.2% | 40.8% | 39.3% | 27.1% | 25.8% | 27.1% | 23.7% | 28.9% | 29.5% | 29.4% | 30.5% | 34.0% | 31.2% | 26.8% | 25.2% | 26.6% | 73.3% | 73.5% | 67.6% | 56.0% | 33.7% | 37.3% | 35.8% | 44.6% | 48.1% | 49.7% | 53.3% | 51.7% | 52.0% | 53.1% |
| EBITDA margin | 9.1% | 3.7% | 1.0% | -4.1% | -5.3% | -10.1% | -14.7% | -8.6% | -4.4% | 7.7% | 16.9% | 21.7% | 27.4% | 28.7% | 28.6% | 23.2% | 20.6% | 24.2% | 25.8% | 36.0% | 35.3% | 28.8% | 34.4% | 38.9% | 38.4% | 50.5% | 55.5% | 58.6% | 63.9% | 63.7% | 64.3% | 65.3% |
| Debt / equity | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest coverage | 249.35 | 217.43 | 153.74 | 124.83 | 103.43 | 46.92 | 24.27 | 15.24 | 9.45 | 11.62 | 11.91 | 13.65 | 14.31 | 12.88 | 10.83 | 8.69 | 8.02 | 10.03 | 27.92 | 31.43 | 44.14 | 62.38 | 88.35 | — | — | — | — | — | — | — | — | — |
| Asset turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.13 | 0.13 | 0.14 | 0.14 | 0.12 | 0.14 | 0.15 | 0.19 | 0.21 | 0.24 | 0.29 | 0.32 | 0.33 | 0.37 | 0.36 | 0.40 | 0.40 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Share capital | 27 | 27 | 27 | 27 | 27 | 27 | 81 | 82 | 82 |
| Other equity / reserves | 2,531 | 2,674 | 3,073 | 3,275 | 3,681 | 4,397 | 5,129 | 6,591 | 7,870 |
| Total equity | 2,558 | 2,701 | 3,101 | 3,302 | 3,708 | 4,424 | 5,211 | 6,673 | 7,952 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current liabilities | 2,671 | 2,393 | 4,168 | 5,027 | 5,873 | 4,599 | 4,578 | 5,370 | 5,237 |
| Non-current liabilities | 722 | 772 | 802 | 969 | 1,018 | 1,151 | 1,196 | 1,280 | 1,323 |
| Total assets | 6,084 | 5,994 | 8,195 | 9,450 | 10,750 | 10,342 | 11,138 | 13,446 | 14,629 |
| Property, plant & equipment | 115 | 155 | 169 | 198 | 239 | 222 | 325 | 563 | 574 |
| Capital work-in-progress | 20 | 0 | 0 | 11 | 9 | 41 | 214 | 33 | 69 |
| Investments | 1,689 | 1,453 | 1,850 | 2,390 | 2,799 | 2,845 | 3,827 | 3,837 | 5,104 |
| Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Receivables | 101 | 91 | 144 | 211 | 395 | 310 | 411 | 553 | 461 |
| Cash & equivalents | 482 | 453 | 2,438 | 2,081 | 2,496 | 1,551 | 862 | 1,672 | 885 |
Cash flow
annual · ₹ crore · line = free cash flow| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash from operations | 1,442 | -137 | 2,842 | 410 | 3,104 |
| Cash from investing | -980 | -111 | -1,065 | -767 | -2,740 |
| Cash from financing | 9 | -186 | -149 | -193 | -242 |
| Capex | 32 | 143 | 131 | 153 | 515 |
| Free cash flow | 1,410 | -281 | 2,711 | 257 | 2,589 |
| Dividends paid | 96 | 186 | 165 | 206 | 316 |
Where the assets sit
Sep '26 · ₹ croreFixed assets (PPE)₹574 cr4%
CWIP₹69 cr0%
Investments₹5,104 cr35%
Receivables₹461 cr3%
Cash & equivalents₹885 cr6%
Other assets₹7,536 cr52%
Peer comparison
largest in Financial Services · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | 12,15,371 | 788.25 | 15.2 | 2.01 | 13.3% |
| ICICI Bank Ltd. | 11,28,090 | 1,571.20 | 19.1 | 2.75 | 14.4% |
| State Bank of India | 9,40,157 | 1,018.50 | 10.4 | 1.36 | 13.1% |
| Bajaj Finance Ltd. | 6,77,005 | 1,087.75 | — | — | — |
| Kotak Mahindra Bank Ltd. | 4,77,499 | 480.00 | 22.2 | 2.45 | 11.0% |
| Axis Bank Ltd. | 4,11,911 | 1,322.90 | 13.8 | 1.79 | 13.0% |
| Shriram Finance Ltd. | 2,26,163 | 961.15 | — | — | — |
| BSE Ltd. | 1,55,002 | 3,800.00 | 50.3 | 19.49 | 38.8% |
| Cholamandalam Investment and Finance Company Ltd. | 1,53,126 | 1,785.00 | — | — | — |
| Jio Financial Services Ltd. | 1,52,665 | 231.20 | — | — | — |
StoxGud checklist: Bullish setup · 7/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
1 month+13.2%
6 months-4.1%
1 year+55.3%
3Y CAGR+82.9%
5Y CAGR+89.6%
10Y CAGR—
50-day avg₹3,337.23
200-day avg₹3,391.21
RSI (14)74
Compare BSE Ltd. with
FAQs
What is the share price of BSE Ltd.?
BSE Ltd. (BSE) closed at ₹3,800.00 on NSE on 06 Nov 2026.
What is the market cap of BSE Ltd.?
₹1,55,002 crore at the latest close.
What is the P/E ratio of BSE Ltd.?
50.3, on trailing-twelve-month earnings from its filings.
How fast is BSE Ltd. growing?
BSE Ltd.: revenue has compounded at 81.0% a year over three years; net profit at 124.5% a year. Latest-quarter revenue is up 34.1% year on year, profit up 44.9%.
How profitable is BSE Ltd.?
On a trailing-twelve-month basis return on equity is 38.8%, return on capital employed 50.5%, operating margin 65.3%, net margin 53.1%.
How much debt does BSE Ltd. have?
BSE Ltd. is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹885 cr (balance sheet of 2026-09-30).
Financials parsed from BSE Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.
BSE Ltd. · advanced chart