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NSE's Next Growth Engine?

NSE is going public at ~43x FY26 earnings, but where will its future growth come from? Today, NSE is mostly a trading toll road. Of ₹16,601 Cr in FY26 operating revenue, ₹13,057 Cr (~79%) came from transaction charges, and options alone made up ~77% of that.…

NSE is going public at ~43x FY26 earnings, but where will its future growth come from? Today, NSE is mostly a trading toll road. Of ₹16,601 Cr in FY26 operating revenue, ₹13,057 Cr (~79%) came from transaction charges, and options alone made up ~77% of that.…

About this episode

NSE is going public at ~43x FY26 earnings, but where will its future growth come from? Today, NSE is mostly a trading toll road. Of ₹16,601 Cr in FY26 operating revenue, ₹13,057 Cr (~79%) came from transaction charges, and options alone made up ~77% of that.…

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For educational purposes only. This is not investment, tax or legal advice.