Financial Highlights

FY 2020-21

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 Key Highlights - Markets

CM : 70% CM : 71% CM : 94 (93)

Equity Futures : 25% Equity Futures : 25% Equity Futures : 100 (100)
Equity Options : 90% Equity Options : 90% Equity Options : 100 (100)
Currency Futures : 1% Currency Futures : 16% Currency Futures : 74 (64)
Currency Options : 9% Currency Options : 32% Currency Options : 68 (56)
OI Mkt Share : Fut 67% / Opt 98%

NSE NSE
Market Growth
Volume Growth Market Share (%)

NSE continues to be the world’s largest derivatives exchange for 2nd consecutive year
1. FY 21 over FY 20 Source : Exchange Websites, WFE & FIA
2. Figures in bracket pertain to FY 20

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 NSE Standalone – FY21

Revenue Expenditure Profitability

Op. margin EBITDA

Ratio of Expenses
Rs.5,263 crs Rs.1,368 crs W/oE: 77% - Rs.4,061 crs
(P.Y.Rs.3,095 crs)
70% (P.Y.Rs.1,175 crs)
to Revenue – 26% W/oE:72% - Rs.3,480 crs
WE: 34% - Rs. 1,658 crs WE: 43% - Rs.2,239 crs
(PY 38%) (PY 66% - Rs.2,053 crs)
(PY 59% - Rs.1,657crs)

Op. Revenue Op. Revenue PBT PAT

Cash expenditure
W/oE: 74% - Rs.3,895 crs W/oE:56% - Rs.2,948 crs
Rs.4,848 crs. 92% Rs.1,202 crs
WE: 39% - Rs.2,073 crs WE: 30% - Rs.1,585 crs
(P.Y. Rs.2,832 Crs) (P.Y. 92%) (P.Y. Rs.1,043 crs) (PY 62% - Rs.1,920 crs) (PY 46% - Rs.1,426 crs)

Exceptional item : Contribution to IPFT : Rs.1,822 crs (Net of Tax : Rs.1,363)

FY21 FY20
W/oE : 59.56
EPS (Rs.) (FV Re.1) 28.80
WE : 32.02

Net worth Rs. crs. (As reported) 8,169 6,916

Book Value per share Rs. 165 140

(All figures above are rationalised for Subsidiary Dividend (W/o E represents figures Without Exceptional Item and WE represents figures With Exceptional Item)
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 NSE Standalone – FY21 – Revenue & Drivers

Operating Revenue Total Revenue

Operating Revenue
Rs.4,848 crs (P.Y. Rs.2,832 crs) Rs.5,263 crs (P.Y. Rs.3,095 crs)
Y-o-Y Growth : 71%
92 % of Total Revenue Y-o-Y Growth : 70%

Listing Colocation Treasury Transaction

Services charges Income Charges
(Listing, Book building &
Processing fees)

Rs. 145 crs Rs. 274 crs Rs.471 crs

(P.Y. Rs.117 crs)
Rs.4,236 crs
(P.Y. Rs.166 crs) (P.Y. Rs.2,388 crs)
(P.Y. Rs.306 crs)
(Increase by 77%
(Operating Treasury Rs.1,848 crs)
Income Rs.74 crs)

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 NSE Standalone – FY21 –Expenditure Profile
% of Total Expense Admin Premises
Total Expenses: Rs.1,368 crs 2% (1%) 7% (8%)

Tech Regulatory
(P.Y. Rs.1,175 crs) 36% (31%) 7% (5%)

Others
Cash Expenses: Rs.1,202 crs 11%(22%)

(P.Y. Rs.1,043 crs) C&S Emp

21% (15%) 16% (18%)

% of Total Income Admin

Premises
1% (1%)
2% (3%)
40% Ratio of Total Expenditure to Total Income
35% Regulatory
30% Tech 2% (2%)
10% (12%)
38%
36%
35%

35%

25%
Others
3% (7%)

26%
20%

15%
Emp
10% 4% (7%)
16-17 17-18 18-19 19-20 20-21 C&S
5% (6%)
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 NSE Standalone – FY21 – Key Ratios
2,391
2,381
2,371
2,361
2,351 3,000
2,341
2,331
2,321
2,311
2,301
2,291
2,281
2,271
2,261
2,251
2,241
2,231
2,221
2,211
2,201
2,191
2,181
2,171
2,161
2,151
2,141
2,131
2,121
2,111
2,101
2,091
2,081
2,071
2,061
2,051
2,041
72% 77%
2,031
2,021
2,011
2,001
1,991
1,981
1,971
1,961
1,951
1,941 2,500
1,931
1,921
1,911
1,901
1,891
1,881
1,871
1,861
1,851
1,841
1,831
1,821
1,811
1,801
1,791
1,781
1,771
1,761
1,751
1,741
1,731
1,721
1,711
1,701
1,691
1,681
1,671
1,661
1,651
1,641
1,631
1,621
1,611
1,601
1,591
1,581
1,571
1,561
1,551
1,541 2,000
1,531
1,521
1,511
1,501
1,491
1,481
1,471
1,461
1,451
1,441
1,431
1,421
1,411
1,401
1,391
1,381
1,371
1,361
1,351
1,341
1,331
1,321
1,311
1,301 60% 59% 70% 70%
1,291
1,281
1,271
1,261
1,251
1,241
1,231
1,221
1,211
1,201
1,191
1,181
1,171
1,161
1,151
1,141
1,131
1,121
1,111
1,101
1,091
1,081
58% 1,500 69%
1,071
1,061
1,051
1,041
1,031
1,021
1,011
1,001
991
981
971
961
951
941 55%
931
921
911
901
891
881
871
861
851
841
831
821
811
801
791
781
771
761
751
741
731
721
1,000
66%
711
701
691
681
671
661
651
641
631
621
611
601
591
581
571
561

1,511

1,701

1,981

2,053
551
541
531
1,247

1,465

1,657

3,480
521
511

4,061
501
491
481
471
461
451
441
431
421
411
401
391
381
371
361 500
929

351
341
331
321
311
301
291
281
271
261
251
241
231
221
211
201
191
181
171
161
151
141
131
121
111
101
91
81
71
61
51
41
31
21
11
1 45% -

16-17 17-18 18-19 19-20 20-21 16-17 17-18 18-19 19-20 20-21
Operating Margin Operating Profit % EBITDA EBITDA % EPS
3,000

Rs.59.56
2,500
74% 2000
56%
2,000

1500

1,500
46%
65% 65% 44%
64% 1000 42% 42%
1,000 62%
1,399

1,586

1,863

1,920

3,895

2,948
500

1,042

1,209

1,426
500

963
- 0

16-17 17-18 18-19 19-20 20-21 16-17 17-18 18-19 19-20 20-21
PBT PBT % PAT PAT %
(All the above figures are excluding subsidiary dividend and exceptional item of Contribution to IPFT : Rs.1,822 crs (Net of Tax : Rs.1,363))
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Consolidated Financials

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 NSE Consolidated – FY21
Profitability
Total Revenue up by 59% (W/o exceptional
▪ Subsidiaries – 14
▪ Associates - 8
Profitability
(With exceptional
150%

items) items) 130%

Rs.6,202 crs 110%

(PY Rs.3,898 crs) EBITDA – EBITDA – 90%

Rs.4,778 Crs Rs.4,691 Crs
70%

50%

Op. income up by 60% PBT - PBT -

56%
77%
77%
76%

73%
74%

55%
72%

58%
30%
Rs.4,552 Crs Rs.4,465 Crs
Rs.5,625 crs. 10%
EBITDA PBT PAT
NSE NSE Group NSE NSE Group NSE NSE Group
(PY Rs.3,508 crs.) PAT – PAT –
Rs.3,403 Crs Rs.3,573 Crs EBITDA PBT PAT

EPS – EPS –
Op income to total income Rs.68.75 Rs.72.20
Rs.235
(Rs.174)
ratio : 91% (PY 90%) Rs.11,636 crs
(Rs.8,622 crs)
Book
Treasury Income : Net Value Per
Rs.828 crs. (PY Rs.614 crs) worth Share

Exceptional Items include :

Gain on sale of CAMS of Rs.1,735 crs (Net of Tax Rs.1,533 crs) and Contribution to IPFT of Rs.1,822 crs (Net of Tax of Rs.1,363 crs)
(W/o E represents figures Without Exceptional Item and WE represents figures With Exceptional Item)
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 NSE Consolidated – FY21 – Key Ratios
5,000
4,000
69%
4,500
77% 77% 77%
3,500
4,000 76%
3,000
3,500

2,500
63% 3,000

2,000 60% 2,500 69%

1,500 58% 58% 2,000

1,500
1,000
1,220

1,651

1,813

2,023

3,909

2,027

2,323

2,718

2,706

4,778
1,000

500
500

- -

16-17 17-18 18-19 19-20 20-21 16-17 17-18 18-19 19-20 20-21
Operating Margin Operating Profit % EBITDA EBITDA % EPS
4,800
3,500
Rs.68.75
4,300
73% 73%
3,800 72% 3,000

3,300 71% 2,500 55%

2,800
2,000

2,300
1,500
1,800
65% 49% 49%
1,300 1,000
48% 48%

3,403
1,306

1,461

1,708

1,885
1,909

2,197

2,576

2,525

4,552
800
500

300
-
(200)
16-17 17-18 18-19 19-20 20-21 16-17 17-18 18-19 19-20 20-21

PBT PBT % PAT PAT %

(All the above figures are excluding exceptional item)
Exceptional Items include: Gain on sale of CAMS of Rs.1,735 crs (Net of Tax Rs.1,533 crs) and Contribution to IPFT of Rs.1,822 crs (Net of Tax of Rs.1,363 crs) 9
Thank You

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