Financial HighlightsQ1 |FY 2020-21

1

Market GrowthNSE

Volume Growth

NSE

Market Share (%)

CMEquity FuturesEquity OptionsCurrency FuturesCurrency Options

CMEquity FuturesEquity OptionsCurrency FuturesCurrency Options

CMEquity FuturesEquity OptionsCurrency FuturesCurrency Options

: 59%: 10%: 11%: (1)%: (17)%

: 61%: 10%: 11%: 18%: 22%

: 94: 100: 100: 72: 67

(93)(100)(100)(61)(45)

Key Highlights - Markets

1. Q1FY 21 over Q1FY 202. Figures in bracket pertain to Q1FY 20 Source : Exchange Websites

OI Mkt Share : Fut 82% / Opt 92%

2

NSE Standalone – Q1 FY21

Revenue

Rs.1,075 crs. (P.Y.Rs. 720 crs)

Op. Revenue Rs.935 crs.

(P.Y. Rs.626 Crs)

49%

Op. Revenue 87%

(P.Y. 87%)

Expenditure

Rs.293 crs.

(P.Y.Rs.236 crs)

Cash expenditure Rs.259 crs

(P.Y. Rs.206 crs)

Ratio of Expenses to Revenue – 27%

(PY 33%)

Profitability

Op. margin (69%) Rs.641 crs

(PY 62% - Rs.390 crs)

PBT (73% )

Rs.781 crs

(PY 67% - Rs.484 crs)

EBITDA (76%)

Rs.816 crs

(PY 71% - Rs.514 crs)

PAT (56%)

Rs.605 crs

(PY 44% - Rs.313 crs)

Q1 FY21 Q1 FY20 FY20

EPS (Rs.) (FV Re.1) 12.22 6.33 31.52

Net worth Rs. crs. 7,531 6,790 6,916

Book Value per share Rs. 152 137 140

(All figures above are rationalised for Subsidiary Dividend

3

Listing

Fees

• Rs. 23 crs

• (P.Y. Rs.22 crs)

Treasury

Income

• Rs.163 crs

• (P.Y. Rs.110 crs)

• (Operating Treasury Income Rs.26 crs)

Transaction

Charges

• Rs.803 crs• (P.Y. Rs.513 crs)

• (Increase by 57%

• Rs.290 crs)

Operating Revenue

Rs.935 crs (P.Y. Rs.626 crs)

Y-o-Y Growth : 49%

Operating Revenue

87 % of Total Revenue

Total Revenue

Rs.1,075 crs (P.Y. Rs.720 crs)

Y-o-Y Growth : 49%

NSE Standalone – Q1 FY21 – Revenue & Drivers

(All figures above are rationalised for Subsidiary Dividend4

35

%

36

%

35

%

38

%

33

%

27

%10%

15%

20%

25%

30%

35%

40%

16-17 17-18 18-19 19-20 Jun-19 Jun-20

Admin2% (2%)

Premises7% (9%)

Regulatory5% (5%)

Others14% (14%)

Emp19% (21%)

C&S19% (16%)

Tech34% (33%)

% of Total Expenditure

Total Expenses: Rs.293 crs

(P.Y. Rs.236 crs)

Cash Expenses: Rs.259 crs

(P.Y. Rs.206 crs)

NSE Standalone – Q1 FY21 – Expenditure Profile

Ratio of Total Expenditure to Total Income

Admin1% (1%) Premises

2% (3%)

Regulatory1% (2%)

Others4% (5%)

Emp5% (7%)

C&S5% (5%)

Tech9% (10%)

% of Total Income

5

92

9

1,2

47

1,4

65

1,6

57

39

0

64

1

55%58%

60% 59%62%

69%

45% 1 11 21 31 41 51 61 71 81 91 101 111 121 131 141 151 161 171 181 191 201 211 221 231 241 251 261 271 281 291 301 311 321 331 341 351 361 371 381 391 401 411 421 431 441 451 461 471 481 491 501 511 521 531 541 551 561 571 581 591 601 611 621 631 641 651 661 671 681 691 701 711 721 731 741 751 761 771 781 791 801 811 821 831 841 851 861 871 881 891 901 911 921 931 941 951 961 971 981 991 1,001 1,011 1,021 1,031 1,041 1,051 1,061 1,071 1,081 1,091 1,101 1,111 1,121 1,131 1,141 1,151 1,161 1,171 1,181 1,191 1,201 1,211 1,221 1,231 1,241 1,251 1,261 1,271 1,281 1,291 1,301 1,311 1,321 1,331 1,341 1,351 1,361 1,371 1,381 1,391 1,401 1,411 1,421 1,431 1,441 1,451 1,461 1,471 1,481 1,491 1,501 1,511 1,521 1,531 1,541 1,551 1,561 1,571 1,581 1,591 1,601 1,611 1,621 1,631 1,641 1,651 1,661 1,671 1,681 1,691 1,701 1,711 1,721 1,731 1,741 1,751 1,761 1,771 1,781 1,791 1,801 1,811 1,821 1,831 1,841 1,851 1,861 1,871 1,881 1,891 1,901 1,911 1,921 1,931 1,941 1,951 1,961 1,971 1,981 1,991

16-17 17-18 18-19 19-20 Jun-19 Jun-20

Operating Margin Operating Profit %

1,5

11

1,7

01

1,9

81

2,0

53

51

4

81

6

70%69% 70%

66%

71%

76%

55%

60%

65%

70%

75%

-

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

16-17 17-18 18-19 19-20 Jun-19 Jun-20

EBITDA EBITDA %

1,3

99

1,5

86

1,8

63

1,9

20

48

4

78

1

65% 64% 65%

62%

67%

73%

52%

57%

62%

67%

72%

-

500

1,000

1,500

2,000

2,500

16-17 17-18 18-19 19-20 Jun-19 Jun-20

PBT PBT %

96

3

1,0

42

1,2

09

1,4

25

31

3

60

5

44%42% 42%

46% 44%

56%

25%

30%

35%

40%

45%

50%

55%

60%

0

200

400

600

800

1000

1200

1400

1600

1800

16-17 17-18 18-19 19-20 Jun-19 Jun-20

PAT PAT %

NSE Standalone – Q1 FY21 – Key Ratios

(All figures above are rationalised for Subsidiary Dividend)

EPS Rs.12.22

6

(Amount in Rs. Crores)

Consolidated Financials

7

NSE Consolidated – Q1 FY21 ▪ Subsidiaries – 12▪ Associates - 5

EPS

Net worth

Book Value Per Share

Rs.14.27(PY Rs.8.61)

Rs.9,317 crs(Rs.8,621 crs)

Rs.188 (Rs.174)

Profitability

EBITDA Rs.970 crs

PBT

Rs.923 crs

PAT

Rs.706 crs

Total Revenue up by 34%

Rs.1,257 crs

(PY Rs.939 crs)

Op. income up by 31%

Rs.1,074 crs.

(PY Rs.819 crs.)

Op income to total income ratio : 85% (PY 87%)

Treasury Income at Rs.249 crs. (PY Rs.187 crs)

EBITDA PBT PAT

76

%

73

%

56

%77

%

73

%

56

%

NSE NSE Group NSE NSE Group NSE NSE Group

8

2,0

27

2,3

23

2,7

18

2,7

06

67

9

97

0

76% 77% 77%

69%72%

77%

55%

60%

65%

70%

75%

80%

-

500

1,000

1,500

2,000

2,500

3,000

3,500

16-17 17-18 18-19 19-20 Jun-19 Jun-20

EBITDA EBITDA %

1,2

20

1,6

51

1,8

13

2,0

23

49

0

72

9

58%

63%

60%58%

60%

68%

45%

55%

65%

-

500

1,000

1,500

2,000

2,500

16-17 17-18 18-19 19-20 Jun-19 Jun-20

Operating Margin Operating Profit %

1,9

09

2,1

97

2,5

76

2,5

25

63

9

92

3

71%72% 73%

65%

68%

73%

55%

60%

65%

70%

75%

-

500

1,000

1,500

2,000

2,500

3,000

16-17 17-18 18-19 19-20 Jun-19 Jun-20

PBT PBT %

1,3

06

1,4

61

1,7

08

1,8

85

42

6

70

6

49% 48% 49% 48%45%

56%

35%

40%

45%

50%

55%

60%

-

500

1,000

1,500

2,000

2,500

16-17 17-18 18-19 19-20 Jun-19 Jun-20

PAT PAT %

NSE Consolidated – Q1 FY21 – Key Ratios

EPS Rs.14.27

9

(Amount in Rs. Crores)

Thank You

10