National Securities Depository's Q1 FY 2026-27 Quarterly Results

Result Summary

• National Securities Depository Ltd reported a 15.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 61.6%.
• Its expenses for the quarter were up by 16.7% QoQ and 89.4% YoY.
• The net profit increased 8.8% QoQ and increased 9.7% YoY.
• The earnings per share (EPS) of National Securities Depository Ltd stood at 4.91 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

National Securities Depository Ltd (NSDL) is a prominent entity in the Indian financial services industry, primarily providing depository services. It plays a crucial role in the Indian securities market by facilitating the holding and transfer of securities in electronic form. NSDL's main services include dematerialization, rematerialization, market settlement, and account maintenance for securities. As a critical infrastructure institution, it supports the efficient functioning of the Indian capital market. However, specific recent major developments related to NSDL are not available in this context.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), National Securities Depository Ltd reported a total income of ₹560.49 crores. This figure represents a significant increase of 15.1% compared to the previous quarter (Q4FY26), where total income stood at ₹486.80 crores. Furthermore, when compared to the same quarter in the previous fiscal year (Q1FY26), where total income was ₹346.79 crores, there is a remarkable year-over-year growth of 61.6%. This substantial rise in revenue over both the quarterly and yearly periods highlights a consistent upward trend in the company's income generation capabilities within the analyzed period.

Profitability

NSDL's profitability metrics for Q1FY27 indicate a solid performance. The profit before tax for the quarter was ₹128.63 crores, marking a 10.1% increase from the previous quarter's ₹116.81 crores. Year-over-year, there is a modest growth of 8.3% from the Q1FY26 figure of ₹118.76 crores. After accounting for taxes, the profit after tax stood at ₹98.31 crores in Q1FY27, an increase of 8.8% from Q4FY26, where it was ₹90.32 crores. Compared to the same quarter last year, there is a 9.7% growth from ₹89.63 crores. Earnings per share also improved, reaching ₹4.91, reflecting an 8.9% increase quarter-over-quarter and a 9.6% rise year-over-year from ₹4.48.

Operating Metrics

The operating expenses for NSDL in Q1FY27 were ₹431.86 crores, which is a 16.7% increase from Q4FY26's ₹369.99 crores. This also represents a significant year-over-year increase of 89.4% from Q1FY26, where expenses were ₹228.03 crores. The tax expense for the quarter was ₹30.54 crores, up by 21.1% from the previous quarter and 6.3% higher than the previous year. These figures indicate an increase in both operational and tax-related expenditures, reflecting broader business activities and potentially expanded operational scope during the analyzed period.