Valuation BSE Limited

Equities

Delayed NSE India S.E. Other stock markets 11:04:02 11/05/2026 am IST			5-day change	1st Jan Change
3,904.80 ^INR	-0.07%		+5.14%	+48.24%

23/04	Unifinz Capital India Limited Approves Allotment of INR 579 Million Listed, Rated, Senior, Secured, Taxable, Transferable, Redeemable, Non-Convertible Debentures on Private Placement Basis	CI
20/04	Spandana Sphoorty Financial Limited Approves Issuance of Up to 500,000 Listed, Rated, Senior, Secured, Redeemable, Taxable, Non-Convertible Debentures on Private Placement Basis for INR 5,000 Million Including Green Shoe Option of INR 2,000 Million	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	25,713	1,27,693	58,378	3,40,811	7,52,521	16,09,767	-	-
Change	-	396.6%	-54.28%	483.8%	120.8%	113.92%	-	-
Enterprise Value (EV) ¹	-4,668	79,162	53,848	3,19,997	7,00,682	15,19,691	14,88,586	14,50,747
Change	-	1,795.76%	-31.98%	494.26%	118.97%	116.89%	-2.05%	-2.54%
P/E ratio	-	51x	26.8x	44.4x	57x	64.8x	48.9x	39.9x
PBR	-	4.81x	2.16x	10.3x	16.8x	25.6x	18.2x	14x
PEG	-	-	-2x	0x	0.8x	0.7x	1.5x	1.8x
Capitalization / Revenue	3.93x	14.8x	6.12x	21.1x	23.3x	32.7x	25.2x	21.2x
EV / Revenue	-0.71x	9.17x	5.64x	19.8x	21.7x	30.9x	23.3x	19.1x
EV / EBITDA	-2.78x	25.5x	17.6x	53.1x	39.9x	47.5x	35.4x	28x
EV / EBIT	-	30.2x	21.9x	63.1x	42.7x	48.9x	36.5x	28.9x
EV / FCF	4.4x	5.62x	-19.2x	11.8x	272x	54.5x	43.9x	34x
FCF Yield	22.7%	17.8%	-5.21%	8.47%	0.37%	1.84%	2.28%	2.94%
Dividend per Share ²	2.333	4.5	4	5	23	18.75	27.32	38.52
Rate of return	3.68%	1.43%	2.78%	0.6%	1.26%	0.48%	0.7%	0.99%
EPS ²	-	6.17	5.353	18.89	32.06	60.34	79.9	97.92
Distribution rate	-	72.9%	74.7%	26.5%	71.7%	31.1%	34.2%	39.3%
Net sales ¹	6,546	8,635	9,539	16,179	32,363	49,238	63,813	75,964
EBITDA ¹	1,679	3,107	3,068	6,022	17,544	31,965	42,014	51,723
EBIT ¹	-	2,624	2,464	5,067	16,414	31,059	40,756	50,207
Net income ¹	1,449	2,543	2,207	7,784	13,259	24,653	32,964	40,594
Net Debt ¹	-30,382	-48,531	-4,530	-20,814	-51,839	-90,076	-1,21,181	-1,59,020
Reference price ²	63.46	314.67	143.65	838.63	1,826.60	3,907.40	3,907.40	3,907.40
Nbr of stocks (in thousands)	4,05,219	4,05,804	4,06,389	4,06,389	4,11,979	4,11,979	-	-
Announcement Date	13/05/21	11/05/22	11/05/23	08/05/24	06/05/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BSE LIMITED	64.93x	30.87x	47.54x	0.48%	1.7TCr
CME GROUP INC.	23.67x	14.4x	20.18x	4.1%	10TCr
TRADEWEB MARKETS INC.	29.91x	8.82x	16.14x	0.56%	2.32TCr
JAPAN EXCHANGE GROUP, INC.	24.36x	9.03x	15.3x	3.28%	1.22TCr
MULTI COMMODITY EXCHANGE OF INDIA LIMITED	61.5x	35.58x	48.46x	0.85%	836.4Cr
ASX LIMITED	22x	8.27x	13.74x	3.48%	818.36Cr
MIAMI INTERNATIONAL HOLDINGS, INC.	20.28x	-1110.05x	-2389.39x	-	492.87Cr
SAUDI TADAWUL GROUP HOLDING COMPANY	36.11x	13.92x	36.2x	1.66%	437.56Cr
DUBAI FINANCIAL MARKET	21.21x	14.56x	14.69x	4.16%	320.02Cr
BOURSA KUWAIT SECURITIES COMPANY K.P.S.C.	20.02x	8.35x	11.27x	4.58%	188.11Cr
Average	32.40x	-96.63x	-216.59x	2.57%	1.85TCr
Weighted average by Cap.	30.05x	-14.43x	-41.04x	3.02%