National Securities Depository share price & results
- Jun 2026
- Sept 2026
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 517 | +65.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 20.0 | −10.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 98.0 | +8.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 17.74 | −1.2 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 37.78 | +3.3 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 24.28 | −4.2 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −40.0% 1Y
1Y: ₹1,166.4 on 24 Oct 2025 → ₹699.8. High ₹1,172.2 (30 Oct 2025), low ₹699.8 (26 Oct 2026).
- Previous close
- ₹705.3
- Market cap
- ₹16.6k Cr
- 52-week range
- ₹699.8 – ₹1,172.2
- One year
- −39.86%
- Price to earnings (TTM to Jun 2026)
- 42.85×
- Return on equity (TTM to Jun 2026)
- 17.74%
Overview
- Symbol
- NSE:NSDL
- Exchange
- NSE
- Currency
- INR
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +9% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 357 | 363 | 364 | 312 | 400 | 360 | 458 | 517 |
| Expenses | 244 | 272 | 272 | 217 | 273 | 254 | 356 | 416 |
| Operating profit | 113 | 91 | 91 | 95 | 127 | 106 | 103 | 101 |
| Operating margin | 32.0% | 25.0% | 25.0% | 30.0% | 32.0% | 29.0% | 22.0% | 20.0% |
| Other income | 29 | 29 | 31 | 35 | 32 | 35 | 29 | 44 |
| Interest | 1 | 1 | 1 | 2 | 1 | 2 | 2 | 2 |
| Depreciation | 8 | 9 | 10 | 10 | 11 | 13 | 14 | 14 |
| Profit before tax | 133 | 110 | 111 | 118 | 146 | 125 | 116 | 129 |
| Tax rate | 28.0% | 22.0% | 25.0% | 24.0% | 24.0% | 29.0% | 22.0% | 24.0% |
| Net profit | 96 | 86 | 83 | 90 | 110 | 90 | 90 | 98 |
| EPS (₹ per share) | 4.81 | 4.29 | 4.16 | 4.48 | 5.52 | 4.48 | 4.51 | 4.91 |
| Line item | Mar 2025 | Mar 2026 |
|---|---|---|
| Sales | 1,421 | 1,530 |
| Expenses | 1,045 | 1,100 |
| Operating profit | 375 | 431 |
| Other income | 117 | 131 |
| Interest | 4 | 7 |
| Depreciation | 35 | 48 |
| Profit before tax | 454 | 505 |
| Net profit | 343 | 380 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 1,172 | 1,389 | 1,644 | 1,965 | 2,127 | 2,330 |
| Borrowings | 3 | 17 | 14 | 10 | 19 | 17 |
| Other liabilities | 478 | 648 | 560 | 969 | 1,622 | 1,433 |
| Total liabilities | 1,693 | 2,093 | 2,258 | 2,985 | 3,808 | 3,820 |
| Fixed assets | 53 | 68 | 289 | 322 | 363 | 408 |
| Capital work in progress | 3 | 5 | 13 | 22 | 8 | 16 |
| Investments | 930 | 1,457 | 1,494 | 1,996 | 2,473 | 2,559 |
| Other assets | 706 | 563 | 462 | 646 | 964 | 836 |
| Total assets | 1,693 | 2,093 | 2,258 | 2,985 | 3,808 | 3,820 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 104 | 148 | 327 | 113 | 563 | 713 |
| Cash from investing | -36 | -64 | -375 | -173 | -502 | -619 |
| Cash from financing | -16 | -20 | -20 | -20 | -22 | -18 |
| Net cash flow | 52 | 63 | -68 | -80 | 39 | 77 |
| Free cash flow | 80 | 139 | 283 | -131 | 489 | 578 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 85 | 49 | 31 | 24 | 33 | 41 |
| Cash conversion cycle | 85 | 49 | 31 | 24 | 33 | 41 |
| Working capital days | -252 | -162 | -187 | -125 | -198 | -279 |
| Return on capital employed | 26.0% | 24.0% | 23.0% | 22.0% | 24.0% | 22.0% |
| Dividend payout | 11.0% | 47.0% | 9.0% | 7.0% | 12.0% | 21.0% |
Ownership
Who owns it
Public hold 53.59% as of Sept 2026; institutions cut 3.02 pts since Jun 2026.
- Foreign institutions 8.24%
- Domestic institutions 38.18%
- Public 53.59%
Who is on the register
Named in the Sep 2026 filing
Every holder of National Securities Depository Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 15.00% | unchanged | |
| Bank | 14.99% | unchanged |
| Bank | 6.95% | unchanged |
| NBFC / DFI | 5.12% | unchanged |
| FPI fund | 3.13% | unchanged |
| Bank | 3.00% | unchanged |
| Bank | 2.56% | unchanged |
| Global fund house | 2.49% | −1.12 pp |
| Bank | 2.30% | unchanged |
| Foreign bank / ODI | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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