Skip to main content
Swing Capital

BSE Ltd

NSE: BSE bseindia.com

Bombay Stock Exchange (BSE Ltd) is an Indian Stock Exchange located at Dalal Street in Mumbai. The Co. facilitates a market for trading in equity, currencies, debt instruments, derivatives, and mutual funds. [1]

₹4,082
52W: ₹2022 — ₹4084
PE 71.6 · Book ₹142 · +2775% vs book
Market Cap₹1,66,247 Cr
Stock P/E71.6Price to Earnings
ROCE64.6%Return on Capital
ROE48.8%Return on Equity
Div. Yield0.15%Face Value ₹2

Strengths

  • +Company is almost debt free.
  • +Company is expected to give good quarter
  • +Company has delivered good profit growth of 84.4% CAGR over last 5 years
  • +Company has a good return on equity (ROE) track record: 3 Years ROE 36.2%
  • +Company has been maintaining a healthy dividend payout of 24.1%

Weaknesses

  • −Stock is trading at 28.5 times its book value
  • −Working capital days have increased from -116 days to 94.8 days

Shareholding Pattern

Promoters0%
FIIs19.42%
DIIs25.09%
Public55.4%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters0%0%0%0%0%0%0%0%
FIIs11.12%13.01%▲1.916.03%▲3.016.78%▲0.818.14%▲1.416.25%▼1.917.45%▲1.219.42%▲2.0
DIIs11.6%11.68%▲0.112.07%▲0.412.33%▲0.311.27%▼1.119.91%▲8.623.74%▲3.825.09%▲1.4
Public54.52%52.4%▼2.150%▼2.448.78%▼1.250.01%▲1.263.76%▲13.858.73%▼5.055.4%▼3.3

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales3204795456596887638739751,1531,468
Expenses173367301357367323316371455487
Operating Profit147112245302322440557604698981
OPM %46%23%45%46%47%58%64%62%61%67%
Net Profit9579173282260397468514552799
EPS ₹2.341.954.276.946.419.7811.5312.6513.5619.62

AI Insights

Revenue Trend

Mar 2026 revenue at ₹4,470Cr, up 55% YoY. OPM at 64%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Capex Cycle

CWIP at ₹32Cr (6% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 25.09% (+24.55pp change). FIIs: 19.42% (+10.65pp change). Promoters hold 0%.

Margin & Efficiency

ROCE improving from 7% (Mar 2015) to 65% (Mar 2026). Working capital days: 95.

Valuation

PE 71.6x with 64.6% ROCE. Price is 2775% above book value of ₹142. Dividend yield: 0.15%.

Recent Announcements