Bse Share Price

Company Overview

Company Journey

Business Highlights

Performance highlights

• As of 2022, BSE has a market capitalisation of ₹7,685 crore.
• BSE's stock price CAGR (Compound Annual Growth Rate) between 2019 and 2022 was 51%. Over the same time period, the compounded profit growth has been at 9%.
• The operating profit for BSE increased from ₹219 crore in the FY 2019 to ₹346 crore in the FY ending in March 2022.
• BSE made a net profit of ₹245 crore in the FY 2022 as compared to ₹142 crore in 2021.
• BSE's compounded sales growth from 2019 to 2022 is 9%. For the same duration, BSE's share price return has been 245.07%.
• Foreign Portfolio Investors(FPI) have reduced holdings from 11.02% to 10.58% in the quarter ending September 2022.
• Mutual Funds have also reduced holdings from 0.48% to 0.36% in the quarter ending September 2022.
• The following mutual funds own BSE stock:
  • Canara Rob Small Cap Fund-Reg(G)
  • Aditya Birla SL Nifty Smallcap 50 Index Fund-Reg(G)
  • Nippon India Nifty Smallcap 250 Index Fund-Reg(G)
  • Motilal Oswal Nifty Smallcap 250 Index Fund-Reg(G)
• BSE's FY 2022 EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) margin was 53.52.
• The EBITDA margin grew from 44.67 in FY 2021.
• For the fiscal year that ended in March 2022, BSE had an ROE (Return On Equity) of 5.5% and a ROCE (Return On Capital Expenditure) of 8.7%. For the same time period, its ROA (Return on Assets) percentage was 3.3%.

Management

• Subhash Sheoratan Mundra - Chairman
• Ashishkumar Chauhan - CEO
• David Wright - Public Interest Director
• Jayshree Vyas - Public Interest Director
• Kersi Tavadia - Chief Information Officer
• Nayan Mehta - Chief Financial Officer
• Neeraj Kulshrestha - Chief Regulatory Officer
• S S Mundra - Public Interest Director
• Sameer Patil - Chief Business Officer
• Shiavax Jal Vazifdar - Public Interest Director
• Subhasis Chaudhuri - Public Interest Director
• T C Suseel Kumar - Shareholder Director
• Umakant Jayaram - Public Interest Director
• Vishal Bhat - Company Secretary and Compliance Officer

Investor Relation Officer

Industry Overview

• (Upstox) RKSV Securities India Private Limited - Upstox is another well-known name on the stock brokers list, with a market share of 14.47%. It is among the country's fastest-growing stock brokers and is frequently chosen by big-volume traders looking for high margins, aggressive brokerage, and cutting-edge trading platforms.
• Zerodha Broking Limited - Regarded well for its inexpensive stockbroking, Zerodha represents approximately 15% of the nation's total retail trading activity. 17.42% of the market is served.
• (Groww) Nextbillion Technology Private Limited - The brand name Nextbillion Technology Private Limited uses Groww to provide investors with online trading and investing services. 10.68% of the market is owned by them.
• Angel One Limited - Angel Brokerage, a well-known brand in the stock broking sector since its establishment in 1987, is primarily renowned for its cutting-edge trading platforms and client-focused research and consulting services. Its market share is 10.15%
• ICICI Securities Limited- A fully integrated technology-based securities company, ICICI Securities Ltd. provides various financial services, such as retail and institutional broking, private wealth management, the distribution of financial products, and issuer and advisory services. 8.41% of the market share is owned.

Growth Prospects

• The growing involvement of investors in equity markets is mostly a result of technological advancements. The stock market saw a huge collapse as a result of the pandemic. But demat accounts opened by 130% due to increased financial literacy. The first half of FY 2021 saw the opening of about 6.3 million accounts.
• Fintech firms have contributed significantly to the expansion of the brokerage business after demonetisation, with support from rising smartphone usage, fast internet, and affordable data. Retail investors use phone trading because they invest largely in practical, user-friendly apps on safe platforms.
• Brokerage firms in India provide clients access to international investing services that enables them to purchase blue-chip companies in the US. One of the main factors for businesses to offer these services is the demand for portfolio diversity from investors.
• International agreements amongst brokerage companies show a high demand for these services. In September 2020, Vested Finance, a US Securities and Exchange Commission (SEC) listed investment firm, teamed with Kuvera, an online platform for mutual fund investing in India. Through this collaboration, investors can buy US equities on its online marketplace.

Risks and concerns

• The sector is suffering from product uniformity and oversaturation. There is not much service variation.
• For new or aspiring institutional brokers, getting access to funding managers can be difficult, restricting their ability to generate money.
• Discount brokers of the modern era have forced established brokers to compete for business. Unlike the conventional transaction-based model, discount brokers have a fee-based business strategy.
• Broking firms are anticipated to boost their funding needs to maintain sufficient margins at the exchanges.
• The capacity of brokers to provide their clients with additional value propositions, such as variable payment terms and credit, is predicted to be restricted by the standardisation of cash segment margin.
• The research department is considered a cost centre. It faces the pressure of producing fresh concepts, broader coverage, in-depth and urgent research, and creative publishing. Most of this is on a shoestring financial basis.
• High attrition is a persistent problem, particularly at the associate level and perhaps below, which causes delays in the creation of new stocks, coverage gaps, knowledge repository loss, and significant lost opportunities for the Head of Research (HoR) and Senior Research Analyst.

Registrar