BSE Limited
BSE Limited, together with its subsidiaries, provides a platform for trading in equities, currencies, capital-raising, debt instruments, derivatives, mutual funds, and other securities in India and internationally. It offers securities, data dissemination, index, repository, and depository services. The company also provides clearing and settlement, IT support, training, exchange related, and inv… Read more
BSE Limited (BSE) - Net Assets
Latest net assets as of September 2025: ₹53.65 Billion INR
Based on the latest financial reports, BSE Limited (BSE) has net assets worth ₹53.65 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹111.38 Billion) and total liabilities (₹57.74 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹53.65 Billion |
| % of Total Assets | 48.16% |
| Annual Growth Rate | 5.17% |
| 5-Year Change | 81.87% |
| 10-Year Change | 100.52% |
| Growth Volatility | 14.18 |
BSE Limited - Net Assets Trend (2012–2025)
This chart illustrates how BSE Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BSE Limited (2012–2025)
The table below shows the annual net assets of BSE Limited from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹45.76 Billion | +32.45% |
| 2024-03-31 | ₹34.55 Billion | +22.12% |
| 2023-03-31 | ₹28.29 Billion | +1.41% |
| 2022-03-31 | ₹27.90 Billion | +10.88% |
| 2021-03-31 | ₹25.16 Billion | +2.96% |
| 2020-03-31 | ₹24.44 Billion | -16.56% |
| 2019-03-31 | ₹29.29 Billion | -4.93% |
| 2018-03-31 | ₹30.81 Billion | +4.31% |
| 2017-03-31 | ₹29.53 Billion | +29.42% |
| 2016-03-31 | ₹22.82 Billion | -14.20% |
| 2015-03-31 | ₹26.60 Billion | +3.96% |
| 2014-03-31 | ₹25.58 Billion | +3.90% |
| 2013-03-31 | ₹24.62 Billion | +3.67% |
| 2012-03-31 | ₹23.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BSE Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 581.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹31.76 Billion | 71.79% |
| Common Stock | ₹270.70 Million | 0.61% |
| Other Comprehensive Income | ₹12.21 Billion | 27.60% |
| Total Equity | ₹44.24 Billion | 100.00% |
BSE Limited Competitors by Market Cap
The table below lists competitors of BSE Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CGI Inc
NYSE:GIB
|
$12.58 Billion |
|
Atlassian Corp Plc
NASDAQ:TEAM
|
$12.58 Billion |
|
Symrise AG
PINK:SYIEF
|
$12.58 Billion |
|
BJs Wholesale Club Holdings Inc
NYSE:BJ
|
$12.58 Billion |
|
Check Point Software Technologies Ltd
NASDAQ:CHKP
|
$12.56 Billion |
|
Federal Home Loan Mortgage Corp Pref Perpetual
OTCQB:FMCCT
|
$12.56 Billion |
|
Watsco Inc
NYSE:WSO
|
$12.56 Billion |
|
Renaissancere Holdings Ltd
NYSE:RNR
|
$12.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BSE Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 33,022,900,000 to 44,237,300,000, a change of 11,214,400,000 (34.0%).
- Net income of 13,258,900,000 contributed positively to equity growth.
- Dividend payments of 2,059,900,000 reduced retained earnings.
- Other comprehensive income increased equity by 15,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹13.26 Billion | +29.97% |
| Dividends Paid | ₹2.06 Billion | -4.66% |
| Other Comprehensive Income | ₹15.30 Million | +0.03% |
| Other Changes | ₹100.00K | +0.0% |
| Total Change | ₹- | 33.96% |
Book Value vs Market Value Analysis
This analysis compares BSE Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 26.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 20.64x to 26.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | ₹135.54 | ₹2797.00 | x |
| 2013-03-31 | ₹139.77 | ₹2797.00 | x |
| 2014-03-31 | ₹144.77 | ₹2797.00 | x |
| 2015-03-31 | ₹150.27 | ₹2797.00 | x |
| 2016-03-31 | ₹139.34 | ₹2797.00 | x |
| 2017-03-31 | ₹162.57 | ₹2797.00 | x |
| 2018-03-31 | ₹188.26 | ₹2797.00 | x |
| 2019-03-31 | ₹184.92 | ₹2797.00 | x |
| 2020-03-31 | ₹164.66 | ₹2797.00 | x |
| 2021-03-31 | ₹181.38 | ₹2797.00 | x |
| 2022-03-31 | ₹193.18 | ₹2797.00 | x |
| 2023-03-31 | ₹196.57 | ₹2797.00 | x |
| 2024-03-31 | ₹240.39 | ₹2797.00 | x |
| 2025-03-31 | ₹107.38 | ₹2797.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BSE Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 29.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.83%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.34x
- Recent ROE (29.97%) is above the historical average (10.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 7.77% | 54.68% | 0.08x | 1.77x | ₹-495.34 Million |
| 2013 | 5.19% | 43.38% | 0.07x | 1.72x | ₹-1.10 Billion |
| 2014 | 5.70% | 50.67% | 0.07x | 1.72x | ₹-1.02 Billion |
| 2015 | 5.27% | 35.93% | 0.09x | 1.71x | ₹-1.16 Billion |
| 2016 | 5.83% | 31.29% | 0.11x | 1.65x | ₹-952.60 Million |
| 2017 | 8.28% | 59.03% | 0.07x | 1.95x | ₹-456.70 Million |
| 2018 | 22.36% | 135.79% | 0.10x | 1.62x | ₹3.81 Billion |
| 2019 | 6.80% | 44.25% | 0.10x | 1.54x | ₹-935.76 Million |
| 2020 | 5.04% | 27.14% | 0.10x | 1.85x | ₹-1.20 Billion |
| 2021 | 5.81% | 28.90% | 0.11x | 1.86x | ₹-1.04 Billion |
| 2022 | 9.58% | 34.22% | 0.12x | 2.33x | ₹-111.22 Million |
| 2023 | 8.17% | 27.06% | 0.14x | 2.22x | ₹-494.45 Million |
| 2024 | 23.57% | 56.00% | 0.15x | 2.86x | ₹4.48 Billion |
| 2025 | 29.97% | 44.83% | 0.29x | 2.34x | ₹8.84 Billion |
Industry Comparison
This section compares BSE Limited's net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.
Industry Context
- Industry: Financial Data & Stock Exchanges
- Average net assets among peers: $9,271,139,500
- Average return on equity (ROE) among peers: 18.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BSE Limited (BSE) | ₹53.65 Billion | 7.77% | 1.08x | $12.57 Billion |
| CARE Ratings Limited (CARERATING) | $8.16 Billion | 16.83% | 0.17x | $425.50 Million |
| CRISIL Limited (CRISIL) | $10.49 Billion | 29.03% | 0.43x | $904.41 Million |
| ICRA Limited (ICRA) | $6.40 Billion | 16.48% | 0.20x | $241.21 Million |
| Multi Commodity Exchange of India Limited (MCX) | $12.05 Billion | 10.44% | 0.52x | $6.68 Billion |