The shares of Bombay Stock Exchange (BSE) surged 8 percent on May 7 after the company reported a net profit of Rs 494 crore for the fourth quarter of the financial year 2025, marking a whopping 362 percent jump from the Rs 107 crore net profit reported in the year-ago period. The shares of the stock exchange were trading at Rs 6,736 apiece.
BSE had released its results for the January-March quarter of FY25 in the post market hours of May 6. The company's revenue from operations surged nearly 75 percent to Rs 847 crore in Q4 FY25 from Rs 484 crore in Q4 FY24.
BSE announces special and final dividend
Along with the Q4 results, BSE announced a special dividend of Rs 5 per equity share and a final dividend of Rs 23 per equity share. The special dividend was said to commemorate the 150th year of BSE. The record date to determine the eligibility of the shareholders set to receive the final dividend has been set at May 14. It will be then paid to the eligible shareholders on or before September 18.
BSE earnings for the entire financial year 2025
For the entire financial year which ended on March 31, 2025, the company reported a 70 percent year-on-year jump in net profit to Rs 1,326 crore. It had earlier reported a net profit of Rs 778 crore for the previous financial year. Its revenue from operations also more than doubled to Rs 2,957 crore.
Brokerages decode BSE results
After the results, Motilal Oswal raised BSE's earnings estimates for the ongoing FY26 by 9 percent and FY27 by 13 percent. The brokerage reiterated its 'Buy' rating on the stock with a target price of Rs 7,600 per share. This implies an upside potential of nearly 13 percent from the current market price.
HDFC Securities, meanwhile, said, "BSE reported a strong quarter, with revenue and PAT coming better than our estimates." The brokerage reiterated its 'Add' rating on the stock with a target price of Rs 6,200 apiece. Notably, this implies a downside potential of nearly 8 percent from the stock's current market price.
Jefferies kept a 'Hold' rating on the stock but raised its target price to Rs 7,000 apiece, according to CNBC-TV18. The international brokerage further raised its earnings estimates by 10 to 11 percent, on the back of stronger-than-expected revenue from options trading and better rack revenues.
Nuvama Institutional Equties has a 'Buy' rating on BSE shares, and a target price of Rs 7,200 apiece.
Also read: Moneycontrol's Q4 LIVE blog
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