TickerSutra

NSE: BSE · ISIN INE118H01025

BSE Limited stock analysis

BSE Limited ranks #1 in the TickerSutra evidence-ranked universe with a score of 87/100 and 88% data confidence. The latest captured fundamentals show ROCE of 60.0%, quarterly sales growth of 63.5% and quarterly profit growth of 65.7%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE87/100

Strong candidate

#1 of 5,430 ranked equities
Market capitalisation₹1,38,435.86cr
ROCE60.0%
Quarterly sales growth63.5%
Quarterly profit growth65.7%
P/E ratio48.9×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 60%
  • Low debt/equity of 0×
  • Strong CFO/EBITDA of 0.89×
  • 76.9% three-year sales CAGR
  • Institutional ownership is rising
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • Valuation is above 40× earnings

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹841cr₹352cr₹245cr42.0%
2023₹925cr₹316cr₹206cr34.0%
2024₹1,568cr₹711cr₹772cr45.0%
2025₹3,212cr₹1,876cr₹1,322cr58.0%
2026₹5,124cr₹3,480cr₹2,487cr68.0%
TTM₹5,442cr₹3,499cr₹2,822cr64.0%
Debt / equity0.00×
CFO / EBITDA0.89×
Operating margin64.0%
Free cash flow₹2,589cr
Sales CAGR · 3Y76.9%
Profit CAGR · 3Y129.4%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

1 positive catalysts0 negative catalysts2 routine filings
RoutineAnalyst/Investor Meet Para A-XBRLNSE · 18 Sept 2026 · Structured filing

BSE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet

Readable disclosure summary

BSE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet

Open original XBRL source
RoutineAnalysts/Institutional Investor Meet/Con. Call UpdatesNSE · 18 Sept 2026

BSE Limited has informed the Exchange about Schedule of meet

Positive CatalystUpdatesNSE · 10 Sept 2026

BSE Limited has informed the Exchange regarding 'further acquisition of equity stake in India International Bullion Holding IFSC Limited.'.

MANAGEMENT COMMENTARY

Signals from filed documents

Available filed documents were reviewed; no configured material management theme was detected.

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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