BSEFinancial Services

BSE Limited

Financial Services · ISIN INE118H01025 · NSE EQ · FV ₹2
Last price
₹3,259
+0.59%today
What this company does

BSE Limited operates in the Financial Services sector. It booked ₹1,566 cr of revenue in its latest quarter (Q1 FY27) and kept 55.8% of sales as profit.

In the report:
77out of 100
Equitytale Health Score
Solid

Healthier than 77% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 54–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
43

At close. Not part of the score.

Profitability & returns94

How much profit it earns on the money it employs

Cash quality79

Whether reported profit actually arrives as cash

Growth & consistency99

Whether sales and profit have grown, and how steadily · highest in its sector on what we could measure

Valuation9

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 56% net margin
Sales up 63% vs last year
Profit up 62% vs last year
No promoter shares pledged
Strong 52% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in BSE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹3,259 +0.59%
latest close · 2026-09-17
1-year return
+2562.6%
52-wk low ₹11952-wk high ₹3,705
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio38.4High
LowAverageHigh
P/B ratio19.92High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity52.4%Strong
WeakFairStrong ▸15%
Return on capital56.7%Strong
WeakFairStrong
Net margin55.8%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Current ratio1.53Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1.33 L cr
Book value
₹164
EPS
₹21.22
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
26.0%
Earnings yield
2.60%
P/S
21.22
Sales / share
₹153.6
Tax rate
25.4%
Face value
₹2
Shares
40.8 cr
Working capital
₹2,845 cr
Current assets
₹8,216 cr
Current liabilities
₹5,370 cr
Delivery %
39.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹146₹146, midpoint ₹146

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,566 cr
Other Income₹141 cr
Total Income₹1,707 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹87 cr
Finance Costs₹0 cr
Depreciation & Amortisation₹43 cr
Other Expenses₹433 cr
Total Expenses₹563 cr
Profit before Tax₹1,144 cr
Tax Expense₹291 cr
Share of JV / Associates₹20 cr
Net Profit₹873 cr
Net margin on total income51.1%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹87 cr5.0%
Depreciation & amortisation₹43 cr2.5%
Other expenses₹433 cr25.1%
Tax expense₹291 cr16.9%
Profit for the period₹873 cr50.6%
Total income ₹1,707 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,244 cr1,564 cr1,566 cr
Total income1,334 cr1,630 cr1,707 cr
Expenses557 cr578 cr563 cr
Profit before tax777 cr1,053 cr1,144 cr
Tax199 cr268 cr291 cr
Net profit (owners' share)602 cr797 cr874 cr
Net margin (owners' share, on revenue)48.4%51.0%55.8%
EPS (₹)14.6119.3521.22
YoY (latest quarter): total income +63.4% · net profit +62.0%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹13,446 cr
Shareholder equity
₹6,673 cr
parent shareholders
Total debt
₹0 cr
Cash
₹1,672 cr
Cash flow · H1 FY26
Operating
₹992 cr
Investing
₹-1,433 cr
Financing
₹-254 cr
Peer comparison
Financial Services · by market value (sector-level match)
CompanyPriceMarket capP/E
HDFC Bank Limited₹713₹10.98 L cr14.3
ICICI Bank Limited₹1,348₹9.67 L cr15.6
State Bank of India₹989₹9.13 L cr9.5
Bajaj Finance Limited₹1,015₹6.31 L cr26.4
Bajaj Finserv Limited₹1,859₹5.97 L cr23.7
Kotak Mahindra Bank Limited₹417₹4.14 L cr18.9
Axis Bank Limited₹1,240₹3.86 L cr12.6
Shriram Finance Limited₹995₹2.34 L cr16.7
ICICI Prudential Asset Management Company Limited₹3,098₹1.53 L cr39.7
Same sector · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.31%
trailing 12 months
Dividend / share (TTM)
₹10
Last dividend
₹10
ex 10 Jul 2026
ActionDetailEx-date
Dividend₹10 / share10 Jul 2026
Bonus issue1:223 May 2025
Dividend₹23 / share14 May 2025
Dividend₹15 / share14 Jun 2024
BuybackBuy Back14 Sep 2023
Dividend₹12 / share4 Aug 2023
Who owns it · 2026-06-30
No pledge
Promoter
FII / Foreign
21.3%
DII / Domestic
24.1%
Retail / others
54.5%
Smart-money activity
Bulk / block deals
short · NSE59 Sep 26
short · NSE3157 Sep 26
short · NSE1,6002 Sep 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 19 Aug 2026
See the official result
1
To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
16.13 cr votes for, 1,340 against · 0% of mutual funds and other big investors said no
2
To declare a final dividend of ₹10.00 per equity share for the financial year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
16.41 cr votes for, 1,325 against · 0% of mutual funds and other big investors said no
3
To appoint Shri Jagannath Mukkavilli (DIN: 10090437), Non-Independent Director, who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment, subject to approval of the Securities and Exchange Board of India (“SEBI”).
Backed by 83% of shareholders other than promotersneeded 50%
9.70 cr votes for, 1.93 cr against · 18% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.