BSE Ltd(BSE)

NSE: BSE

₹ 3,359+3.97%refreshed 26 Oct, 03:30 pm ISTMarket cap: ₹ 1.37 L crNext results: 4 Nov 2026Website: www.bseindia.com/Updated: 24 Oct 2026

About

BSE Limited operates India's oldest stock exchange and the world's largest by number of listed companies (5,663 as of March 31, 2026), ranked #8 globally by market capitalisation at ₹412 lakh crores. It runs equity and derivatives trading, mutual fund distribution via BSE StAR MF (over 85% exchange-platform market share), index services, and an international exchange at GIFT IFSC. In Q1 FY27, consolidated revenues reached Rs. 1,707 crores - the 14th consecutive record quarter.^[1]

Business segments

BSE reports a single segment, facilitating trading in securities and related ancillary services, with total revenue of Rs 5,148.1 Cr in FY26 vs Rs 1,617.9 Cr in FY24.^[1][2]
Transaction charges are the dominant revenue line: consolidated transaction charges were Rs. 1,328 crores in Q1 FY27, up 80% YoY, driven by equity derivatives and clearing income.^[3]
BSE StAR MF (mutual fund distribution) contributed Rs. 73.3 crores in Q1 FY27, up 20% YoY, processing 23.4 crore transactions in the quarter.^[3]
Co-location services contributed Rs. 51 crores in Q1 FY27; full-year FY26 co-location revenues were Rs. 171 crores vs Rs. 74 crores in FY25.^[3]
BSE operates across equity, debt, equity/currency/commodity/interest-rate derivatives, mutual fund distribution, insurance, SME, and start-ups segments.^[1]

Key operating numbers

Equity derivatives average daily premium turnover hit an all-time high of Rs. 29,615 crores in Q1 FY27, up 96% YoY, vs Rs. 19,523 crores in FY26 and Rs. 8,978 crores in FY25.^[3]
Equity cash ADTV was Rs. 9,955 crores in Q1 FY27; average daily equity turnover in FY26 was Rs. 7,950 crores (up ~2.36% YoY), with total turnover of Rs. 19.6 lakh crores.^[3]
BSE StAR MF processed 84.1 crore transactions in FY26, up 26.8% YoY from 66.3 crore in FY25; monthly peak of 8.2 crore transactions in March 2026.^[1]
Broker members on BSE derivatives grew from 446 to 587 over FY26; registered FPIs rose from 100 to 520, with ~650 active FPI members as of Q1 FY27.^[4]

Infrastructure and capacity

Co-location rack count reached 500 in Q1 FY27, doubled from 300 at the start of FY26; management expects 500 racks to sustain demand for at least 1.5 years at current traffic.^[3]
Equity derivatives order processing capacity was raised from 1,200 crore to 2,000 crore order messages per day; peak burst handling improved from 14 lakh to 22 lakh orders per second.^[1]
ICCL, BSE's clearing corporation, scaled trade processing from 3,000 to 27,000 trades per second per member; daily capacity expanded to 10 crore equity trades and 9 crore derivatives contracts.^[5]
Co-location order-flow charges are currently set at 20% of prevailing market rates; a review may occur at an appropriate time.^[3]

Listings and investor base

Total listed companies on BSE reached 5,663 as of March 31, 2026, up from 5,452 a year earlier.^[1]
109 mainboard IPOs raised Rs. 1,77,101.97 crores in FY26 vs Rs. 1,62,516.76 crores in FY25; BSE ranked #1 globally for IPO listings in FY26 with 255 new listings raising Rs. 1.8 lakh crores.^[1]
Total investor accounts on BSE reached 25.8 crore in Q1 FY27, with 3.5 crore net additions over the prior year; 11 states each contributed more than 1 crore investors.^[3]

Index services, data and India INX

AUM of passive funds linked to BSE indices was Rs. 2,42,114 crores as of March 31, 2026 vs Rs. 2,17,741 crores a year earlier, with 85 passive schemes benchmarked to BSE indices.^[1]
Since acquiring the remaining 50% of BSE Index Services from SPDJI, BSE launched 50 new indices and added 150+ clients; RBI approval was received for two debt indices.^[5]
From January 1, 2027, BSE will end its 13-year market data marketing partnership with Deutsche Börse and directly manage worldwide distribution and licensing of its market data.^[3]
India INX, BSE's GIFT IFSC subsidiary, holds more than 90% share of debt listings at GIFT IFSC, with MTN programmes of ~USD 88 billion and ~USD 64 billion of bonds listed.^[1]
India INX's cumulative notional trading turnover since inception reached USD 8.95 trillion as of March 31, 2026.^[1]

Customers and distribution

BSE serves listed companies, trading members and brokers, retail and institutional investors, mutual fund distributors, and data customers including financial institutions and fintechs.^[1]
BSE StAR MF holds more than 85% market share by number of transactions among exchange-based platforms in the Indian mutual fund industry.^[1]
BSE signed an MoU with the Department of Posts on December 12, 2025 for mutual fund distribution through India Post's network; Dak Sevaks executed over 1,500 transactions.^[1]
Exports contribute 1% of BSE's total turnover; BSE has no international offices.^[1]

Expansion and new products

Derivatives on the BSE Focused IT Index launched May 11, 2026, the first IT-sector derivatives in India; three expiry cycles completed as of Q1 FY27.^[3]
SEBI approved derivatives on BSE Sensex Next 30 and BSE Focused Midcap Index, with launches to follow after the Focused IT Index gains traction.^[1]
StAR NPS launched April 22, 2026, extending the StAR platform from mutual fund distribution into the National Pension System.^[4]
Technology capex budget is expected to roughly double from ~Rs. 300 crores due to hardware and memory cost inflation; BSE is evaluating land in central Mumbai for longer-term infrastructure.^[4]
StAR MF 2.0, a ground-up rebuild of the mutual fund distribution platform, was launched in FY26.^[1]

Recent developments

Q1 FY27 (ending June 30, 2026) was BSE's 14th consecutive record-revenue quarter at Rs. 1,707 crores, above the prior record of Rs. 1,630 crores in Q4 FY26.^[3]
FY26 consolidated revenues of Rs. 5,148 crores were the first above Rs. 5,000 crores in BSE's 150-year history, up 59% from Rs. 3,236 crores in FY25.^[4]
STT on futures transactions was raised from 0.02% to 0.05% from February 2026, a regulatory change affecting derivatives.^[1]
BSE became the world's second largest exchange in equity derivatives following the introduction of single stock derivatives from July 1, 2024.^[1]

Market Cap

₹1,37,008 Cr

High / Low

₹4,447 / 2,326

Stock P/E

46.5

Price / Book

19.8

Book Value

₹164

EPS

₹61.2

No. of Shares

40.79 Cr

ROE

45.0%

Sales

₹4,834 Cr

Net Profit

₹2,487 Cr

Promoter holding

0.0%

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