BSE’s share price rallied 10% to an intra-day high of Rs 6,847.50. The stock surged a day after reporting robust quarterly earnings for Q4FY25 and a whopping dividend payout. Key brokerage houses maintained a ‘Buy’ rating on the stock.
Nuvama on BSE
In Q4FY25, BSE delivered index options ADPTV (Average Daily Premium Traded Volume) market share of 21.3%, which was up 743 basis points from the previous quarter. This further drove up the revenue to Rs 846 crore, which was up 73.4% YoY. The company’s operating leverage lifted EBITDA margin by 3,753 basis points YoY to 57.2%, resulting in EBITDA of Rs 484 crore. BSE’s Apr-25 ADPTV continues to be strong, which was 31.5% higher over Q4FY25. The brokerage house raised the target price by 7% to Rs 7,200 from Rs 6,730. It maintained its ‘Buy’ call on the stock.
Motilal Oswal on BSE
The market watchdog’s F&O regulations have been beneficial for BSE with respect to a rise in non-expiry trading activity, leading to an improvement in premium turnover. Also, a decline in the notional turnover boosted the profitability with lower regulatory costs. Motilal believes that increased member participation, colocation monetisation, and sustained momentum in premium turnover will be the key growth drivers for BSE. The brokerage house remained confident on its ‘Buy’ call with a target price of Rs 7,600. “We raise our earnings estimates by 9%/13% for FY26/FY27,” said Motilal Oswal.
BSE Dividend payout
Along with reporting its quarterly performance, the company declared a final dividend of 23 per equity share. This includes a normal dividend of Rs 18 per equity share and a special dividend of Rs 5.5 per share for FY25. The face value of the share is Rs 2. Last time, the company declared a dividend in June 2025 of Rs 15 per share. BSE’s total dividend yield stands at 0.24%.
BSE Q4 result
The company reported a multifold jump in net profit in the fourth quarter of FY25. Its net profit rose 364.43% year-on-year to Rs 493.04 crore, compared with Rs 106.06 crore in Q4FY24. Its revenue from operations increased by 75% YoY to Rs 846.64 crore in Q4FY25, as against Rs 483.95 crore in the year-ago period.
BSE stock performance
The share price of BSE has risen 5.3% in the last five trading sessions. The stock has increased by 31% in the past one month and 39% in the last six months. The stock has raised investors’ wealth by 141% in the previous one year.