BSE

Strong growth in derivatives business

1. Strong growth in derivatives business BSE has emerged as a major player in the equity derivatives segment, with substantial growth in options and futures volumes. The derivatives business has become the key driver of revenue and profitability growth. 2. Record trading activity Rising participation from retail investors and active traders has led to higher trading volumes across segments. Strong market activity continues to support transaction-based revenues. 3. Robust financial performance BSE has reported strong growth in revenue and net profit, driven by: Derivatives trading Cash market activity Listing fees Data and technology services 4. Beneficiary of India's capital market expansion Continued growth in: Demat accounts Mutual fund investments SIP inflows Retail investor participation supports long-term business growth. 5. Strong IPO and SME listing pipeline BSE continues to benefit from active IPO markets and increasing SME listings. The SME platform remains one of the fastest-growing segments. 6. High operating leverage As trading volumes rise, profitability grows faster due to the exchange's scalable business model. This creates strong earnings potential during periods of market activity. 7. Cash-rich balance sheet BSE maintains a strong financial position with healthy cash reserves and minimal debt. The company remains capable of rewarding shareholders