BSE share price: Q2 profit jumps 45% to Rs 809 crore
By Rohit SharmaMarkets Analyst, Peepals Business
Representative image: PIX1861 / Pixabay
BSE's Q2 FY27 profit rose about 45% to Rs 809 crore on record cash and derivatives activity, and its shares gained over 4% on 5 November 2026.
What Happened
BSE Ltd, the company that runs the Bombay Stock Exchange, reported a consolidated net profit of about Rs 809 crore for the July to September 2026 quarter (Q2 FY27), up about 45% from a year earlier, in results announced on Wednesday, 4 November 2026. Revenue rose about 34% to Rs 1,432.66 crore. The exchange also said its board had approved accepting an offer from the Mumbai Metropolitan Region Development Authority (MMRDA) for a plot in the Bandra Kurla Complex (BKC). BSE's shares rose after the results, trading about 4.2% higher at Rs 3,755 at 10:25 am on Thursday, 5 November, according to market reports.
Key Facts
- Net profit (Q2 FY27): about Rs 809 crore (Rs 809.15 crore in most reports), up about 45% year on year; one report gives Rs 807.5 crore.
- Revenue: Rs 1,432.66 crore, up 34.1% year on year.
- EBITDA (earnings before interest, tax, depreciation and amortisation): Rs 984 crore, up 42.4% year on year.
- Against the June quarter: revenue fell 8.5%, EBITDA fell 8.2% and profit fell about 7.4%.
- Derivatives: average daily premium turnover of Rs 22,531 crore in Q2; monthly index options premium turnover reached a record Rs 35,481 crore a day in October, the exchange said.
- Cash market: a record average daily turnover of Rs 10,494 crore in the equity cash segment in Q2.
- BKC plot: the board approved accepting MMRDA's offer; the price and size of the plot have not been disclosed.
Why It Matters
BSE is itself a listed company, so its shares move with how much Indians trade on its platform. Most of its recent growth has come from equity derivatives, mainly index options, contracts that let traders bet on where an index such as the Sensex will move. Exchanges earn fees on these trades, and premium turnover, the value of the option prices paid, is the measure that matters most for their income.
The results show two things at once. Compared with a year ago, business is much bigger: profit up about 45% and revenue up about 34%. But compared with the June quarter, revenue, EBITDA and profit all slipped. That suggests trading slowed during the quarter after a strong start to the year. The October figure of a record Rs 35,481 crore a day in index options premium points to activity picking up again after the quarter ended, which is likely why investors bought the stock.
The BKC plot approval is a longer-term step. The board's decision to accept a plot offer in the Bandra Kurla Complex, a business district in Mumbai, points to plans to expand, though the exchange has not given the cost or size of the land.
For readers, the numbers are a measure of India's trading boom rather than advice on the stock. Any future change in rules on derivatives trading would affect BSE's earnings directly.
Peepals calculation: BSE's EBITDA margin was about 68.7% in Q2 FY27 (984 / 1,432.66). Working back from the reported growth rates, last year's quarter had revenue of about Rs 1,068 crore and EBITDA of about Rs 691 crore, a margin of about 64.7%, so margins widened by about 4 percentage points. October's record daily index options premium of Rs 35,481 crore was about 57% above the Q2 average of Rs 22,531 crore (35,481 / 22,531 = 1.57). Our calculation from the reported figures.
| Measure | Q2 FY27 | Change |
|---|---|---|
| Net profit | about Rs 809 crore | up about 45% year on year |
| Revenue | Rs 1,432.66 crore | up 34.1% year on year; down 8.5% on June quarter |
| EBITDA | Rs 984 crore | up 42.4% year on year; down 8.2% on June quarter |
| Equity cash daily turnover | Rs 10,494 crore | record |
Impact
Short-term: the stock reacted to strong year-on-year growth and the October pick-up in options activity; the dip against the June quarter is the point analysts will watch.
Long-term: BSE's earnings depend heavily on index options volumes, so any change in derivatives rules or trading appetite will feed straight into its results.
Who is affected: BSE shareholders, traders and brokers who use the exchange, rival exchanges, and the regulator watching derivatives activity.
Key Takeaway
BSE's Q2 FY27 profit rose about 45% to Rs 809 crore on record cash and strong derivatives activity, though it slipped from the June quarter; the stock rose over 4% on 5 November 2026.
Questions and Answers
Why did the BSE share price rise today?
BSE shares rose after the exchange reported a roughly 45% year-on-year jump in Q2 FY27 profit to about Rs 809 crore on 4 November 2026. They traded about 4.2% higher at Rs 3,755 at 10:25 am on 5 November, according to market reports.
What were BSE's Q2 FY27 results?
Net profit of about Rs 809 crore, up about 45%; revenue of Rs 1,432.66 crore, up 34.1%; and EBITDA of Rs 984 crore, up 42.4%, all compared with a year earlier.
Did BSE's profit fall from the previous quarter?
Yes. Compared with the June quarter, profit fell about 7.4%, revenue 8.5% and EBITDA 8.2%.
What is the BSE BKC plot decision?
BSE's board approved accepting an offer from the MMRDA for a plot in the Bandra Kurla Complex in Mumbai. The price and size have not been disclosed.
Disclaimer: Prepared by the Peepals newsroom from publicly available sources with AI assistance. Information is accurate to the best of our knowledge at the time of publication and may change. Images may be representative. Not professional advice. Report an error via our contact page.
By Rohit Sharma, Markets AnalystCovers Markets Watch and more for Peepals Business. All stories by Rohit Sharma
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Rohit Sharma is a pen name of the Peepals Global Editorial Team, which researches, fact-checks and publishes every story. The portrait is an illustration.
