BSE · forward-looking guidance across the available source record.
Guidance tracker
Management targets achieving meaningful double-digit market share in the cash equity market by the beginning of calendar year 2027, driven by institutional volume growth and regulatory level-playing-field initiatives.
BSE will conclude its 13-year marketing partnership with a data vendor and directly manage global market data distribution and licensing starting January 1, 2027, establishing direct engagement with international clients.
Current 500-rack collocation data center infrastructure has sufficient offtake to support growth for at least 18 months based on current traffic trends, with pricing at 20% of market rates.
BSE plans to add 80 more collocation racks, bringing total to around 500, with revenue stabilizing at ₹45-48 crore per quarter.
Core SGF reached 150% of requirement; future contributions will be less than 5% of transaction-linked revenue, potentially reducing costs.
Management expects common contract nodes and SOR implementation to boost cash market share, though bottlenecks remain.
BSE will launch derivatives on the BSE Focused IT index, expanding the monthly derivatives suite.
Having crossed the 150% threshold of required SGF, the voluntary contribution rate is lowered.
Management aims to increase broker count from 587 to 700 and FPI count from 520 to 800.
The current year's technology budget of ~₹300 crore is expected to double due to rising memory and hardware prices.