BSE / guidance tracker

Keep management guidance in view.

BSE · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

Collocation racks to increase by 80 to ~500

BSE plans to add 80 more collocation racks, bringing total to around 500, with revenue stabilizing at ₹45-48 crore per quarter.

expansion

SGF contribution to normalize at 150% threshold

Core SGF reached 150% of requirement; future contributions will be less than 5% of transaction-linked revenue, potentially reducing costs.

margins

Focus on cash market level playing field

Management expects common contract nodes and SOR implementation to boost cash market share, though bottlenecks remain.

growth

New index derivatives launch on May 11, 2026

BSE will launch derivatives on the BSE Focused IT index, expanding the monthly derivatives suite.

expansion

SGF contribution reduced from 5% to 3.5% of quarterly profits

Having crossed the 150% threshold of required SGF, the voluntary contribution rate is lowered.

other

Target of 700 brokers and 800 FPIs on derivatives platform

Management aims to increase broker count from 587 to 700 and FPI count from 520 to 800.

growth

Technology capex to nearly double due to hardware cost increases

The current year's technology budget of ~₹300 crore is expected to double due to rising memory and hardware prices.

capex