Subscribe

BSE Limited (BSE.NS)

INR3,792.70 -11.50 (-0.30%)
IN NSE Financial Services Financial - Data & Stock Exchanges
Address Phiroze Jeejeebhoy Towers 400001
Mumbai, IN
CEO Sundararaman Ramamurthy
IPO 2017-02-03
ISIN INE118H01025

Explore sections of this company profile

Description

BSE Limited, along with its affiliated companies, provides an extensive platform for trading various financial instruments such as equities, debt, derivatives, and mutual funds, serving both Indian and global markets. The organization delivers a range of services including securities administration, data dissemination, and depository functions. Additionally, it offers clearing and settlement, IT support, training, risk management, and investment services, coupled with active participation in corporate social responsibility. Its operations further extend to the supervision and administration of SEBI-registered investment advisers, the management of an electronic spot platform for agricultural commodities, and the facilitation of equity trading for small and medium-sized enterprises. Founded in Mumbai, India, in 1875, the entity was formerly known as Bombay Stock Exchange Limited until its rebranding to BSE Limited in July 2011.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
INR3,792.70 -11.50 (-0.30%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
4M
Beta
0.27
Float Shares
385.42M
Free Float %
94.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.20% +0.59% +19.16% +24.40% +40.88% +48.54% +68.64% +2,033.93% +4,682.29% +3,191.25% +3,191.25%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
3,792.70
DCF (Unlevered) 13,281.21 +250.2%
DCF (Levered) 15,798.55 +316.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 7 0
Hold 4 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
19.56
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Data & Stock Exchanges: +11.9%
    +74.1% Q1'26: +96.5% (vs Q1'25)
  • EPS growth Financial - Data & Stock Exchanges: +19.9%
    +89.1% Q1'26: +61.5% (vs Q1'25)
  • FCF margin FCF growth · Financial - Data & Stock Exchanges: +25.6%
    +59.5% Q1'26: +45.4% (vs Q1'25)
  • EBIT margin Financial - Data & Stock Exchanges: +51.8%
    +64.1% Q1'26: +65.2% (vs Q1'25)
  • ROIC Financial - Data & Stock Exchanges: +13.5%
    Q1'26: -440.5% (vs Q1'25)
  • Share dilution Financial - Data & Stock Exchanges: +0.6%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Data & Stock Exchanges: -0.36×
    0.00× Q1'26: 0.00× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.30) × ERP
WACC = 100% × Ke + 0% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 13,281.21 Current price: 3,792.70
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
13 Rev. Ana.
9 EPS Ana.
Mar 2027
14 Rev. Ana.
9 EPS Ana.
Mar 2028
13 Rev. Ana.
6 EPS Ana.
Mar 2029
3 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
3.74B
est: 8.01B (-53.3%)
5.07B
est: 5.47B (-7.2%)
4.50B
est: 5.57B (-19.2%)
4.51B
est: 5.21B (-13.6%)
5.01B
est: 5.49B (-8.6%)
7.43B
est: 7.92B (-6.1%)
8.16B
est: 8.62B (-5.4%)
13.90B
est: 20.04B (-30.6%)
29.57B
est: 30.06B (-1.6%)
48.57B
46.26B – 50.70B
+61.6% YoY
62.72B
52.10B – 72.12B
+29.1% YoY
73.87B
73.26B – 74.48B
+17.8% YoY
91.28B
89.96B – 92.61B
+23.6% YoY
113.83B
94.56B – 130.88B
+24.7% YoY
EBITDA
2.40B
est: 4.60B (-47.7%)
3.17B
est: 3.14B (+0.9%)
2.69B
est: 3.20B (-15.8%)
1.89B
est: 2.29B (-17.7%)
2.21B
est: 2.32B (-4.7%)
3.98B
est: 2.56B (+55.5%)
3.85B
est: 2.53B (+52.3%)
11.06B
est: 12.44B (-11.1%)
18.61B
est: 18.89B (-1.4%)
30.15B
28.72B – 31.48B
+59.7% YoY
38.94B
32.35B – 44.77B
+29.1% YoY
45.86B
45.48B – 46.24B
+17.8% YoY
56.67B
55.85B – 57.49B
+23.6% YoY
70.67B
58.70B – 81.25B
+24.7% YoY
EBIT
1.90B
est: 4.02B (-52.7%)
2.71B
est: 2.75B (-1.2%)
2.18B
est: 2.54B (-14.2%)
1.38B
est: 1.20B (+14.5%)
1.63B
est: 1.12B (+44.8%)
3.49B
est: 1.24B (+181.3%)
3.25B
est: 1.23B (+164.4%)
10.11B
est: 11.33B (-10.8%)
17.48B
est: 17.20B (+1.6%)
27.46B
26.16B – 28.67B
+59.7% YoY
35.47B
29.46B – 40.78B
+29.1% YoY
41.77B
41.43B – 42.12B
+17.8% YoY
51.62B
50.87B – 52.37B
+23.6% YoY
64.37B
53.47B – 74.01B
+24.7% YoY
Net Income
2.21B
est: 1.79B (+23.3%)
6.89B
est: 2.00B (+243.9%)
1.99B
est: 7.33B (-72.8%)
1.22B
est: 1.47B (-16.9%)
1.45B
est: 1.32B (+9.9%)
2.54B
est: 1.46B (+74.6%)
2.21B
est: 6.19B (-64.4%)
7.78B
est: 17.79B (-56.2%)
13.26B
est: 12.09B (+9.7%)
24.71B
21.42B – 24.99B
+104.4% YoY
29.05B
22.02B – 38.96B
+17.6% YoY
35.93B
31.61B – 44.70B
+23.7% YoY
44.65B
37.23B – 57.03B
+24.3% YoY
53.97B
42.09B – 64.48B
+20.9% YoY
SGA
1.10B
est: 1.48B (-25.2%)
1.33B
est: 1.01B (+32.3%)
1.31B
est: 4.05B (-67.6%)
1.33B
est: 2.86B (-53.7%)
1.16B
est: 4.61B (-74.9%)
1.46B
est: 5.09B (-71.4%)
2.03B
est: 5.03B (-59.6%)
2.88B
est: 2.76B (+4.2%)
1.11B
est: 4.20B (-73.5%)
6.70B
6.38B – 7.00B
+59.7% YoY
8.66B
7.19B – 9.95B
+29.1% YoY
10.20B
10.11B – 10.28B
+17.8% YoY
12.60B
12.42B – 12.78B
+23.6% YoY
15.71B
13.05B – 18.06B
+24.7% YoY
EPS
13.47
est: 4.34 (+210.1%)
42.09
est: 4.86 (+765.9%)
12.58
est: 4.53 (+178.0%)
8.30
est: 3.24 (+156.5%)
3.51
est: 3.66 (-4.1%)
6.17
est: 6.80 (-9.3%)
5.35
est: 5.92 (-9.7%)
18.89
est: 43.74 (-56.8%)
32.06
est: 29.72 (+7.9%)
57.88
52.00 – 60.66
+94.7% YoY
76.10
53.45 – 94.58
+31.5% YoY
90.57
76.72 – 108.50
+19.0% YoY
115.87
90.36 – 138.43
+27.9% YoY
131.00
102.16 – 156.51
+13.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-15 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
9.33B
OE per share TTM
25.62
Owner's Yield
0.58%
Maintenance CapEx ratio
50.15%
Maint CapEx / Avg PPE
13.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
63.69M
Shares Outstanding
407.30M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Sundararaman Ramamurthy MD, Chief Executive Officer & Director 74M male
Arvindkumar Iyengar Chief General Manager of Information Technology Projects male
Deepak Goel Chief Financial Officer male
Dev Singh Kamal Singh Bhul Head of Internal Control & Compliance and Chief Vigilance Officer male
Khushro A. Bulsara Chief Risk Officer & and Head of Investor Protection Fund male
Ramesh Gurram CISA CISM CISSP Chief Information Security Officer male
Sameer Narkar Chief General Manager of Information Technology male
Shailesh Jain Head of Legal male
Shankar Shivram Jadhav Head of Strategy & Senior General Manager male
Sunil Ramrakhiani Chief Business Officer male
Sushri Kamala Kantharaj Chief Regulatory Officer female
Vijukumar Pillai Chief General Manager of Information Technology male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits