#NSE0022- Analysis of NSE India ‘s Financial Performance for Q4FY24 and FY24.
Financial Highlights:
- Revenue Growth:
- Total Income saw a significant increase from ₹3,973.58 Cr in Q3FY24 to ₹5,080.04 Cr in Q4FY24, marking a growth of 27.84% quarter-over-quarter (QoQ). For the fiscal year, total income rose from ₹12,765.36 Cr in FY23 to ₹16,433.61 Cr in FY24, showing an impressive annual growth of 28.75%.
- Revenue from Operations increased by ₹1,108 Cr in Q4FY24 compared to Q3FY24, driven by growth across all three operating segments: Trading Services, Clearing Services, and Other Segments. This suggests a robust expansion in trading activities and increased market participation.
- Expenses and Profitability:
- Total Expenses rose to ₹1,130.74 Cr in Q4FY24 from ₹813.05 Cr in Q3FY24, a QoQ increase of 38.99%. The annual expenses also grew by 38.37% from ₹2,608.83 Cr in FY23 to ₹3,608.90 Cr in FY24, primarily due to regulatory fees and other expenses.
- Despite higher expenses, Net Profit increased from ₹1,975.34 Cr in Q3FY24 to ₹2,487.84 Cr in Q4FY24, and from ₹7,355.99 Cr in FY23 to ₹8,305.74 Cr in FY24. This indicates effective cost management and an ability to scale profitably.
- Earnings Per Share (EPS):
- The EPS increased from ₹39.90 in Q3FY24 to ₹50.25 in Q4FY24, and year-on-year from ₹148.58 to ₹167.79. This enhancement in EPS reflects the company’s strong profitability and earning capacity.
- Net Worth and Shareholder Returns:
- The Net Worth of the company increased by 17.05% from ₹20,480.38 Cr in FY23 to ₹23,973.88 Cr in FY24, underscoring solid growth in equity.
- A dividend of ₹90/- per share has been declared for FY24, coupled with a bonus issue of 4:1, which is typically a sign of confidence in the company’s future prospects and a strategy to reward shareholders.
Strategic Initiatives:
- The increase in the authorized share capital from ₹50 Cr to ₹500 Cr indicates plans for potential future expansions or fundraising.
- The continued contribution to the Core SGF (Settlement Guarantee Fund) shows a strong commitment to maintaining market stability and investor confidence.
Outlook:
The NSEindia’s impressive performance in Q4FY24 and FY24 is indicative of strong market conditions and efficient operational management. The strategic decisions, including dividend payouts and a bonus share issue, reflect a shareholder-friendly approach and a positive outlook for the future.
Investors should feel reassured by the NSEindia’s robust financial health and proactive management strategies, which are likely to support sustained growth and stability in the coming periods. This analysis should provide a basis for future financial decisions and evaluations of the NSEindia’s performance.
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.
