Investor Presentation

**Financial Highlights:** BSE reported substantial growth in its financial performance for H1 FY25. Consolidated revenue from operations reached ₹13,541 million, a significant rise from ₹5,300 million in H1 FY24. Net profit also improved, standing at ₹6,102 million, up from ₹5,583 million year-over-year.

The operating EBITDA margin showed robustness at 50%, reflecting efficient cost management.

Earnings per share (EPS) stood at ₹44.55. **Strategic Initiatives and Growth Drivers:** The company focuses on increasing market share across all segments, aligning with rising investor registration and turnover.

A premium platform for mutual fund distributors, StAR MF Plus, enhances service offerings while new products across segments contribute to revenue diversification. **Business Developments:** BSE has expanded its portfolio, launching innovative services, including a book-building platform for IPOs and enhancing its trading capabilities with the recent relaunch of equity derivatives.

These initiatives are expected to drive further growth. **Market Position and Competitive Advantage:** With a strong presence in both domestic and international markets, BSE’s diversified lines of business, particularly in equity and mutual funds, provide a competitive edge.

The focus on technology and customer engagement solidifies its market positioning. **Investor Implications:** With robust financial growth and a clear strategic direction, BSE presents a positive outlook for investors.

The ongoing initiatives and market expansions promise potential growth opportunities, warranting close attention from stakeholders.