| Revenue growth | FY26 Revenue from operations grew 13.9% on standalone basis. |
|---|---|
| Margins | Standalone EBITDA margin at 60.8% for FY26; PAT margin at 43.2%. |
| Demand visibility | Moderate; tied to IPO activity and new demat account additions. |
| Management confidence | High; citing market leadership (86% custody value) and digital readiness. |
Growth
FY26 standalone PAT up 12.1% to ₹360.6cr; consolidated revenue reached ₹1,530cr (up 7.7% YoY).
Outlook
Expects capex decline after FY27; subsidiary profit contribution increased from 5% to 10% in FY26.
Risks
West Asia conflict, crude price spikes, rupee depreciation, and intense competition from other depositories.
Earnings Call filed with BSE, NSE: NSDL. Summary written with AI assistance from 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.
More from National Securities Depository Ltd
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NSDL appointed Mr. Ankit Sharma as Executive Director (Vertical 2) for five years effective September 21, 2026, following SEBI and board approvals.
National Securities Depository Management Change
National Securities Depository Limited has appointed Dr. Arun Kumar Panda as a Non-Executive Independent Director for a 36-month term effective September 3, 2026.
National Securities Depository Investor Presentation: Key Takeaways
NSDL Q1 FY27 results show strong standalone growth with Net Profit up 7.9% YoY to ₹89.1cr and total income rising 15.3% to ₹219.7cr. The company maintains a 85.8% market share in total demat custody value.
National Securities Depository Q1 FY27 Results: Net Profit ₹98.3 Cr, Up 9.7% YoY
National Securities Depository Ltd reported revenue from operations of ₹516.6 Cr (+65.6% YoY) and net profit of ₹98.3 Cr (+9.7% YoY) for Q1 FY27.
- Key figure
- Net profit ₹98.3 Cr · +9.7% YoY
National Securities Depository Earnings Call: Key Takeaways
NSDL delivered solid FY26 growth despite market volatility, focusing on digital transformation and expanding its fintech DP base.