BSE Shares In Green Ahead Of Q2: Revenue, Profit Expected To Surge Over 100%
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BSE‘s share price was in the green on Tuesday morning ahead of the company’s September quarter results scheduled to be released today. The company revenue and profit are both expected to register over 100% growth from the previous year’s figures. On average, analysts expect the company’s revenue to come in at ₹722.83 crore with net profit pegged at ₹296 crore.

What To Expect: Motilal Oswal expects strong growth in BSE's transaction revenue, supported by increased trading volumes across segments. Despite stringent regulations potentially affecting volume, it anticipates a better premium-turnover ratio.

Mutual fund transaction income is also likely to rise due to a surge in BSE STAR MF transactions, according to the analysts. However, a higher contribution to the core Settlement Guarantee Fund (SGF) may impact profitability.

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EstimatesRevenueProfit
Motilal Oswal710288.6
Sharekhan720300
IIFL Sec733.7296
HDFC Sec727.6299.8
Average722.83296
All figures in ₹ crore.

IIFL projects a 147% year-on-year increase in BSE's adjusted profit after tax, fuelled by gains in the equity options segment. Even as the overall Equity Options premium turnover declined by 7% sequentially to ₹73,900 crore, BSE's turnover increased by 15% quarter on quarter to ₹8,200 crore, expanding BSE's market share by 200 basis points to 11.1%.

Additionally, the full effect of a tariff hike implemented in May 2024 is expected this quarter. The options segment is estimated to contribute ₹138 crore, accounting for nearly 35% of BSE's profits. Healthy growth is also anticipated in the equity cash and mutual fund transaction segments.

Price Action: BSE’s share price was 1.41% to trade at ₹4,688.25 in the early hours of trading on Tuesday.

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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

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