National Securities Depository Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
NSDL reported Q1 FY27 standalone total income of Rs 219.7 crore, up 15.3% year-on-year, and standalone profit after tax of Rs 89.1 crore, up 7.9% year-on-year. Management attributed margin moderation to front-loaded investments in technology resilience, cyber security, and manpower, while consolidated numbers were aided by growth in the payments bank's revenue tied to a specific onboarding project. Demat account additions, incremental market share, e-voting volumes, and folio counts from unlisted companies were also highlighted as areas of growth during the quarter.
NSDL reported standalone Q4 FY26 total income of Rs 195.4 crore, up about 2% year-on-year, with PAT of Rs 79.7 crore, up 5%, while full-year standalone PAT rose 12.1% to about Rs 360 crore. Consolidated full-year total income grew 8.1% to Rs 1,660 crore with PAT up 10.8% to about Rs 380 crore. Management described a slowdown in new demat account additions industry-wide during the year, a divergence between FII selling and record domestic institutional inflows in March, and continued investment in technology and people, alongside developments at its subsidiaries NSDL Payments Bank and NDML including a planned demerger of the insurance repository business.