BSE Q4 Review - Strong Operations Led By Increased Market Activity: Motilal Oswal
A pedestrian wearing a protective mask walks near the BSE building in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

BSE Q4 Review - Strong Operations Led By Increased Market Activity: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Bombay Stock Exchange Ltd. reported operational revenue growth of 24% YoY in Q4 FY21.

Growth was led by a 117% YoY increase in equity transaction charges; this was partially offset by revenue decline in Star Mutual Fund on moderation in realisation on the platform.

Overall strong market activity led to an 86%/17% YoY increase in transaction charges/services to corporates.

A robust increase in margins was the function of operating leverage in the business.

The management’s decision to explore options to unlock value from its Star MF segment is encouraging; however, no bids have been accepted thus far.

Click on the attachment to read the full report:

Motilal Oswal BSE Q4FY21 Result Update.pdf

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