BSE

“As far as BKC colocation, your question is concerned, what we need to clarify to you is we have just been intimated by MMRDA that we have been allotted a plot of land in BKC which we have to complete the formalities, get positions and plan as to what, how and when we will be building the infrastructure and grow market.”

“As far as capex is concerned, in quarter 1 and quarter 2, there are some commitments which have been made, but actually cash flow might not have happened.”

“So as such, there is no plan of slowing down the capex, spending on capex.”

“We remain committed to further expanding our colocation infrastructure in line with client demand and growing market participation.”

“So, depending upon the demand picking up, we will expedite the construction or use it for our current requirements and then release it later”

“BSE SME crossed a significant milestone of 800 listed companies in October 2026, up from 600 a year earlier.”

“In the equity cash segment, BSE continued its strong momentum, recording its highest ever quarterly average daily turnover of Rs. 10,494 crores in Q2 FY27 reflecting sustained market participation and strengthening liquidity on the exchange.”

“In our Index options segment, Q2 FY27 ADTV by premium volumes stood at Rs. 22,531 crores. While this represents our first sequential quarterly contraction decreasing from Rs. 29,615 crores in Q1 due to compressed market volatility and certain temporary structural shifts in participation.”

“However, we have seen a decisive recovery in September 2026 and a record-breaking October 2026, which registered our highest ever monthly index options premium ADTV of Rs. 35,481.”

“BSE also achieved its highest ever single-day expiry premium turnover of Rs. 85,356 crores on October 22, 2026”

“Investor accounts registered on BSE have now reached 26.8 crores, 3.9 crores new accounts added over the past year.”

“Importantly, this participation is becoming increasingly broad-based with 11 states now having more than 1 crore investor reach, reflecting the widening geographic reach of the capital markets across the country.”

“In primary markets, we have seen very strong momentum during the first half of FY27 with a record 71 main board IPOs, raising over Rs. 84,000 crores, making it the strongest on record for Indian capital markets.”

“In September alone, BSE witnessed a record 32 main board IPO listings, collectively raising Rs. 40,354 crores.”

“As far as the equity trend is concerned, there are quite a few macroeconomic situations today as we all are aware, resulting in a broader outflow from the Indian market from FPIs. This has impacted multiple things, including the total volumes that trade in the equities market in the country.”

“Operating expenses increased by 36% Rs. 980 crores from Rs. 721 crores. It may be noted that 50% of the total operating expenses are attributable to regulatory fees and clearing and settlement expenses, all of which is directly correlated to increasing transaction volumes.”

“The operating EBITDA, including contribution to core SGF has increased by 55% to Rs. 2,019 crores as compared to Rs. 1,306 crores with margins expanding to 67% from 64%.”

“And based on that at the appropriate time to appropriate level, we will increase the charges, including transaction charges and colocation charges, throttle charges, etc.”

“In other areas, as well BSE is charging lower than the other participants in the market in equity derivatives.”

“So, there are areas where we are yet to charge the levels what the market can at this point of time take.”

“The BSE focused IT index derivatives introduced earlier this year are gradually establishing themselves on our platform with participation developing across successive expiry.”

“Through this partnership, we aim to develop and expand MSCI linked derivatives products on BSE, providing market participants with greater opportunities to access and manage exposure to global and Indian markets.”

“As far as MSCI is concerned, yes, indeed, we have submitted applications to the regulators. We are waiting for the final outcome.”

“As mentioned in my last earnings call update, StAR NPS platform by BSE Technologies continues to expand by integrating central recordkeeping agencies and pension fund managers, thereby providing a unified architecture for seamless NPS adoption and management.”

“During the quarter, BSE also signed MOUs partnering with Government of Andhra Pradesh to advance SME ecosystems, investor protection, municipal finance, collaborating with MMTC-PAMP to develop electronic gold receipts (EGR)”

“But still we find quite a few clients of brokers who have completed their KYC who are permitted to trade in these segments, say equity of both BSE and NSE, they are yet to be permitted to trade in the BSE”

“at this point of time, there is no regulatory framework available for either permitting a stock exchange to trade on itself or permitting it to list on itself.”

“The settlement price for those expiring contract will be the last half-hour VWAP, which is as per the process which we were following before the introduction of CAS.”

“Along with the RBI bank guarantee rule change also came the STT rule change and also the CAS system, which is a structural change, which had its own sets of initial teething trouble.”

“Nowadays, everyone is deeply afraid of one thing cyber risk. It is omnipresent -- it exists everywhere, at all times, and can manifest in various forms to impact anyone.”

“Consolidated revenues for H1 FY27 stood at Rs. 3,257 crores compared with Rs. 2,184 crores in the corresponding period last year, representing a robust year-on-year growth of 49%.”

“Operational revenues have grown by 48% to Rs. 2,999 crores from Rs. 2,026 crores.”

“Transaction charges comprising revenues from the equity cash, equity derivatives, mutual fund and clearing house segments registered a substantial increase of 60%, rising to Rs. 2,456 crores from Rs. 1,531 crores”

“Other operating income, which includes enhanced data dissemination fees, co-location and order throttle charges, index services, etc., has increased by 23% to Rs. 200 crores from Rs. 163 crores.”

“The net profit attributable to the shareholders of the company has demonstrated a significant increase to reach Rs. 1,680 crores from Rs. 1,095 crores representing a robust year-on-year growth of 53% with a net profit margin of 52%.”