1. Is BSE Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that BSE Ltd is a average quality company.
2. Is BSE Ltd undervalued or overvalued?
No data found
3. Is BSE Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of BSE Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘValue Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||8.5%||7%||7.2%||7.3%||6%||8%||21%||6.2%||3.3%||5.1%||-|
|Value Creation Index ⓘ||-0.4||-0.5||-0.5||-0.5||-0.6||-0.4||0.5||-0.6||-0.8||-0.6||-|
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-5.1%||-5%||20.3%||9.1%||19.1%||-8.3%||-11.3%||-7.5%||6.4%||-|
|Adj EPS ⓘ||42.6||34.4||34.6||37.5||31.1||44.2||129.7||40.4||22.2||32.2||40.8|
|YoY Gr. Rt. %||-||-19.2%||0.5%||8.4%||-17.1%||42%||193.8%||-68.9%||-45%||44.9%||-|
|BVPS (₹) ⓘ||431||441.6||457.9||473.6||469.8||532.9||645.8||642.9||635.7||673.7||691.9|
|Adj Net Profit ⓘ||220||178||180||195||167||238||691||209||100||145||183|
|Cash Flow from Ops. ⓘ||-120||-56.4||151||-159||-44.2||817||-239||-318||397||-67.9||-|
|Debt/CF from Ops. ⓘ||-2.6||-0||0||-0||-0||0||0||0||0||0||-|
CAGR ⓘCAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-3.1%||0.7%||-37.2%||44.9%|
Key Financial Parameters ⓘPerformance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||10.1||7.9||7.7||7.9||6.6||8.8||21.9||6.2||3.2||4.9||6|
|Op. Profit Mgn % ⓘ||60.4||50.8||50.7||50.7||43.9||43.9||39.8||29.9||12.5||23.9||21.7|
|Net Profit Mgn % ⓘ||46.1||39.9||42.2||37.1||32.8||37||98.3||28.3||12.6||16.2||29.7|
|Debt to Equity ⓘ||0.1||0||0||0||0||0||0||0||0||0||0|
|Working Cap Days ⓘ||74||162||191||123||226||262||205||155||207||276||2,068|
|Cash Conv. Cycle ⓘ||-78||-57||-48||-38||-34||-28||-30||-21||-18||-42||903|
Return on Equity has increased versus last 3 years average to 6.00%
Sales growth is good in last 4 quarters at 34.89%
Sales growth has been subdued in last 3 years -4.42%
Net Profit has been subdued in last 3 years -37.16%
|TTM EPS (₹)||30.2||40.8|
|TTM Sales (₹ Cr.)||523||618|
|BVPS (₹.) ⓘ||508||691.9|
|Reserves (₹ Cr.) ⓘ||2,278||3,106|
|From the Market|
|52 Week Low / High (₹)||0.00 / 0.00|
|All Time Low / High (₹)||- / -|
|Market Cap (₹ Cr.)||9,275|
|Equity (₹ Cr.)||9|
|Face Value (₹)||2|
|Industry PE ⓘ||70.9|
BSE Ltd owns and operates the BSE exchange platform (formerly, the Bombay Stock Exchange), the first stock exchange in Asia, which was formed on July 9, 1875. At the end of October 2016, the BSE was the world’s largest exchange by number of listed companies, and India's largest and the world’s 10th largest exchange by market capitalization, with $1.7 trillion in total market capitalization of listed companies. As the operator of the BSE, it regulates listed issuers and provides a market for listing and trading in various types of securities as may be allowed by SEBI from time to time.
The company is engaged in extensive monitoring of its members, of listed companies and of market activities in order to minimize the risk of default, promote market transparency and integrity. By doing so, it along with other Indian stock exchanges contribute to the growth of the Indian capital markets and stimulate innovation and competition across market segments.
The company has highly developed electronic systems for entry, trading, clearing and settlement and depository services and it continually seeks to improve its core IT capabilities, the reliability and consistency, which help it to maintain its competitive position. Moreover, to continue to improve its product and service offering, the company has entered into a number of strategic partnerships and joint ventures. It is a member of the BRICS Exchange Alliance, whereby leading exchanges in Brazil, Russia, India, China and South Africa cross-list futures products based on the flagship indices of each of the exchanges, and ICCL entered into an agreement with Clearstream whereby members in its clearing corporation can manage their margin requirements by placing collateral with Clearstream's Global Liquidity Hub (GLH).
Business area of the company
The company operates in three primary lines of business, namely: (1) the listing business, which consists of the primary market, which relates to the issuance of new securities; (2) the market business, which consists of (i) the secondary market, which relates to the purchase and sales of previously-issued securities, (ii) BSE StAR MF (BSE StAR), its online platform for the placement of orders and redemptions of units in mutual funds, (iii) NDS-RST, its platform for the reporting of over-the-counter corporate bond trading, (iv) membership, which includes membership in the Exchange, membership in its clearing corporation ICCL, and membership of depository participants in its depository CDSL, and (v) post-trade services, namely the clearing corporation and depository; and (3) the data business, which consists of the sale and licensing of information products.
In addition to its primary lines of business, the company also has supporting businesses, including (i) providing IT services and solutions, (ii) licensing index products such as the S&P BSE SENSEX, (iii) providing financial and capital markets training; and (iv) operating its corporate and social responsibility portal. Moreover, the company has an active treasury function focused on managing its cash, including both its own funds as well as funds that it holds on behalf of third parties (such as margins placed by clearing members).
Major events and milestones
Certifications, awards and accreditations