BSE Limited (BSE) - Net Assets

Latest as of September 2025: Rs53.65 Billion INR ≈ $580.17 Million USD

Based on the latest financial reports, BSE Limited (BSE) has net assets worth Rs53.65 Billion INR (≈ $580.17 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs111.38 Billion ≈ $1.20 Billion USD) and total liabilities (Rs57.74 Billion ≈ $624.40 Million USD). 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. Check BSE asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs53.65 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. Also explore balance sheet size of BSE Limited for the complete picture of this company's asset base.

Annual Net Assets for BSE Limited (2012–2025)

The table below shows the annual net assets of BSE Limited from 2012 to 2025. For live valuation and market cap data, see how much is BSE Limited worth.

Year	Net Assets	Change
2025-03-31	Rs45.76 Billion ≈ $494.84 Million	+32.45%
2024-03-31	Rs34.55 Billion ≈ $373.61 Million	+22.12%
2023-03-31	Rs28.29 Billion ≈ $305.94 Million	+1.41%
2022-03-31	Rs27.90 Billion ≈ $301.70 Million	+10.88%
2021-03-31	Rs25.16 Billion ≈ $272.09 Million	+2.96%
2020-03-31	Rs24.44 Billion ≈ $264.27 Million	-16.56%
2019-03-31	Rs29.29 Billion ≈ $316.71 Million	-4.93%
2018-03-31	Rs30.81 Billion ≈ $333.15 Million	+4.31%
2017-03-31	Rs29.53 Billion ≈ $319.39 Million	+29.42%
2016-03-31	Rs22.82 Billion ≈ $246.78 Million	-14.20%
2015-03-31	Rs26.60 Billion ≈ $287.62 Million	+3.96%
2014-03-31	Rs25.58 Billion ≈ $276.67 Million	+3.90%
2013-03-31	Rs24.62 Billion ≈ $266.29 Million	+3.67%
2012-03-31	Rs23.75 Billion ≈ $256.85 Million	--

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	Rs31.76 Billion	71.79%
Common Stock	Rs270.70 Million	0.61%
Other Comprehensive Income	Rs12.21 Billion	27.60%
Total Equity	Rs44.24 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
Power Finance Corporation Limited NSE:PFC	$16.00 Billion
Guangdong Wens Foodstuff Group Co Ltd SHE:300498	$16.01 Billion
Fabrinet NYSE:FN	$16.02 Billion
Hua Xia Bank Co Ltd SHG:600015	$16.05 Billion
VAT Group AG SW:VACN	$15.99 Billion
Trent Limited NSE:TRENT	$15.99 Billion
SDIC Power Holdings Co Ltd SHG:600886	$15.96 Billion
E.SUN Financial Holding Co Ltd TW:2884	$15.95 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	Rs13.26 Billion	+29.97%
Dividends Paid	Rs2.06 Billion	-4.66%
Other Comprehensive Income	Rs15.30 Million	+0.03%
Other Changes	Rs100.00K	+0.0%
Total Change	Rs-	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: 33.90x
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 26.86x to 33.90x 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	Rs135.54	Rs3640.50	x
2013-03-31	Rs139.77	Rs3640.50	x
2014-03-31	Rs144.77	Rs3640.50	x
2015-03-31	Rs150.27	Rs3640.50	x
2016-03-31	Rs139.34	Rs3640.50	x
2017-03-31	Rs162.57	Rs3640.50	x
2018-03-31	Rs188.26	Rs3640.50	x
2019-03-31	Rs184.92	Rs3640.50	x
2020-03-31	Rs164.66	Rs3640.50	x
2021-03-31	Rs181.38	Rs3640.50	x
2022-03-31	Rs193.18	Rs3640.50	x
2023-03-31	Rs196.57	Rs3640.50	x
2024-03-31	Rs240.39	Rs3640.50	x
2025-03-31	Rs107.38	Rs3640.50	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	Rs-495.34 Million
2013	5.19%	43.38%	0.07x	1.72x	Rs-1.10 Billion
2014	5.70%	50.67%	0.07x	1.72x	Rs-1.02 Billion
2015	5.27%	35.93%	0.09x	1.71x	Rs-1.16 Billion
2016	5.83%	31.29%	0.11x	1.65x	Rs-952.60 Million
2017	8.28%	59.03%	0.07x	1.95x	Rs-456.70 Million
2018	22.36%	135.79%	0.10x	1.62x	Rs3.81 Billion
2019	6.80%	44.25%	0.10x	1.54x	Rs-935.76 Million
2020	5.04%	27.14%	0.10x	1.85x	Rs-1.20 Billion
2021	5.81%	28.90%	0.11x	1.86x	Rs-1.04 Billion
2022	9.58%	34.22%	0.12x	2.33x	Rs-111.22 Million
2023	8.17%	27.06%	0.14x	2.22x	Rs-494.45 Million
2024	23.57%	56.00%	0.15x	2.86x	Rs4.48 Billion
2025	29.97%	44.83%	0.29x	2.34x	Rs8.84 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: $5,901,148,345
Average return on equity (ROE) among peers: 22.52%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
BSE Limited (BSE)	Rs53.65 Billion	7.77%	1.08x	$15.99 Billion
CARE Ratings Limited (CARERATING)	$5.37 Billion	15.35%	0.15x	$550.24 Million
CRISIL Limited (CRISIL)	$3.94 Billion	52.09%	0.54x	$3.35 Billion
ICRA Limited (ICRA)	$671.13 Million	13.35%	0.14x	$566.06 Million
Multi Commodity Exchange of India Limited (MCX)	$13.62 Billion	9.29%	0.37x	$8.02 Billion

About BSE Limited

NSE:BSE India Financial Data & Stock Exchanges

Market Cap

$15.99 Billion

Rs1.48 Trillion INR

Market Cap Rank

#1534 Global

#46 in India

Share Price

Rs3640.50

Change (1 day)

+0.13%

52-Week Range

Rs2040.20 - Rs7459.00

All Time High

Rs7459.00