ALFA Finder India's fastest NSE & BSE filing alerts on Telegram, filtered to the stocks you hold Telegram alerts alfafinder.com →
Thursday, 12 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

National Stock Exchange of India Earnings Call Transcript: Key Takeaways

Q2 FY27 consolidated PAT rose 23% YoY to ₹2,578 Cr on revenue up 11% to ₹4,067 Cr, with profit growth flattered by a prior-year ₹1,297 Cr SEBI provision base. Cash ADT fell 13% QoQ; equity futures ADT down 11.7% YoY.

Highlights
Revenue growthRevenue from operations +11% YoY; transaction charges +9%, listing +70%.
MarginsH1 operating EBITDA margin 77%, net margin 58%; no trend disclosed.
Demand visibilityCash ADT +24% YoY but −13% QoQ; geopolitics flagged as near-term risk.
Management confidenceBalanced; evasive on bank-guarantee impact, declined expiry-revenue split.

Growth

Revenue from operations up 11% YoY to ₹4,067 Cr; PAT +23% flattered by prior-year ₹1,297 Cr SEBI provision; normalised PBT +9%.

Outlook

H2 capex ~₹450 Cr; tech spend mid-teens growth; employee cost growth to moderate post wage-code.

Risks

Weekly Nifty options 38% of total income; equity futures ADT −11.7% YoY on tax changes; bank-guarantee impact evaded.

Source

Earnings Call Transcript filed with BSE, BSE: 544937. Summary written with AI assistance from the document.

Read the document ↗

National Stock Exchange of India Ltd: key numbers

Share price
₹1,958.60
Market cap
₹4,84,754 Cr
Revenue (annual)
₹16,601 Cr
Net profit (annual)
₹10,302 Cr
Promoter holding
0.00%+0.00% QoQ
FII holding
25.35%Current quarter

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

More from National Stock Exchange of India Ltd

All →