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Earnings Call

National Securities Depository Earnings Call: Key Takeaways

NSDL Q4 FY26 earnings presentation highlights its transition to a listed entity and consistent market leadership in the depository segment.

Highlights
Revenue growthFY26 Consolidated: 7.7% YoY; Standalone: 13.9% YoY.
MarginsConsolidated PAT margin at 22.9%; Standalone PAT margin at 43.2%.
Demand visibilityStrong; Record 59.3 lakh gross demat accounts added in FY26.

Growth

FY26 Consolidated Revenue grew 7.7% to ₹1,530cr; PAT grew 10.8% to ₹380cr with 22.9% margins.

Outlook

Focus on API-driven integration (30+ in FY26) and expansion of Payments Bank and insurance repositories.

Risks

Market share impact from definition changes in small companies affecting unlisted dematerialization.

Source

Earnings Call filed with BSE, NSE: NSDL. Summary written with AI assistance from the document.

Read the document ↗

National Securities Depository Ltd: key numbers

Share price
₹772.00
Market cap
₹15,440 Cr
Revenue (annual)
₹1,530 Cr
Net profit (annual)
₹379.7 Cr
P/E (TTM)
39.8×Sector 22.0×
Promoter holding
0.00%+0.00% QoQ
FII holding
11.69%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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