logo

NSDL shares in focus after PAT jumps 15% YoY in Q1

National Securities Depository Limited (NSDL) will be on investors' radar on Wednesday, following the release of its first quarterly earnings since listing on August 6. The company reported a consolidated net profit of Rs 90 crore for Q1 FY26, marking a 15% year-on-year (YoY) increase from Rs 78 crore in the same period last year. Sequentially, the profit after tax (PAT) rose nearly 8% from Rs 83 crore in Q4 FY25.
ADVERTISEMENT The company's revenue from operations for the quarter fell 23% YoY to Rs 312 crore, compared with Rs 337 crore in Q1 FY25, and was also down 14% sequentially from Rs 364 crore in Q4 FY25. Operating expenses rose 15% YoY to Rs 81 crore from Rs 70 crore. EBITDA stood at Rs 115 crore, up 27% from Rs 91 crore a year ago.
In terms of business performance, NSDL's demat account (net BO A/C) market share on a run rate basis for Q1 FY26 stood at 15.5%, higher than 9.4% in Q1 FY25. The company crossed the milestone of 4 crore demat accounts as of June 30, 2025. The unlisted market also saw growth, with the number of companies admitted in Q1 FY26 at 10,392. Overall market share in equity stood at 73.2%, compared with 70.8% a year ago.
NSDL's shares closed Tuesday's session with 1% gains at Rs 1,288 on the BSE.
Also read: Reliance AGM may offer Jio IPO timeline, retail outlook: Neeraj Dewan
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
(You can now subscribe to our ETMarkets WhatsApp channel)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Farmers receive agri-drones with 80% subsidy
Farmers receive agri-drones with 80% subsidy

Hans India

time15 minutes ago

  • Hans India

Farmers receive agri-drones with 80% subsidy

Dharmavaram: In a significant step towards modernising agriculture, the Andhra Pradesh government, under the Annadata Rythu Seva Sangham initiative, has provided state-of-the-art agricultural drones to farmers in Dharmavaram with 80% subsidy. The programme, held at Dharmavaram Market Yard, was organized under the directions and support of Health and Family Welfare Minister Satya Kumar Yadav. Minister's constituency in-charge Harish Babu, AD Laxman Naik, and Mandal Agriculture Officer Mustafa participated in the event. Harish Babu stated that this initiative was made possible due to the special interest and guidance of Minister Satya Kumar Yadav. Implemented with the cooperation of the Farm Machinery Bank and financial support from the State Bank of India, the drones were manufactured by Drago Drones Pvt. Ltd. These advanced drones enable farmers to spray pesticides and fertilisers over crops quickly and cost-effectively, saving time, labour, and expenses while improving crop protection. Each drone is priced at Rs 9,80,000, of which the government covers Rs 7,84,000 as a subsidy. Farmers' groups need to contribute only Rs 1,96,000. Harish Babu described this as a technological revolution in rural farming, bringing modern tools within every farmer's reach. Farmers expressed gratitude to Minister Satya Kumar Yadav and the State government for their support. The event was attended by Drago Drones representative Ravi, SBI Field Officer Kishore, Annadata Rythu Seva Sangham members, rural mandal presidents, several BJP leaders and local farmers.

Sebi bars Wadhawan brothers from mkt
Sebi bars Wadhawan brothers from mkt

Hans India

time15 minutes ago

  • Hans India

Sebi bars Wadhawan brothers from mkt

Mumbai: Capital markets regulator SEBI has banned Dewan Housing Finance Corporation Ltd's former Chairman and Managing Director Kapil Wadhawan, ex-director Dheeraj Wadhawan, and four others from the stock markets for up to five years and slapped a penalty of Rs 120 crore on them for diverting funds and fabricating books. They have also been barred from holding any key position in a listed company for up to five years. According to the SEBI investigation, the main culprits involved in the fraudulent scheme were Kapil Wadhawan and his brother Dheeraj, who have been fined Rs 27 crore each. Rakesh Wadhawan, who was Non-Executive Chairman, and Sarang Wadhawan, a former Non-Executive Director, were also involved through their roles on DHFL's board and face penalties of Rs 20.75 crore each. Besides, Harshil Mehta, who was Joint Managing Director & CEO and Santosh Sharma, a former CFO of the company, have been fined Rs 11.75 crore and Rs 12.75 crore, respectively. The SEBI has stated in its order that since 2006, DHFL, along with its promoters, directors, and key managerial personnel, have engaged and participated in an 'egregiously fraudulent scheme' to divert funds to 'Bandra Book Entities' (BBEs) linked to the promoters. DHFL's loans to BBEs rose to a staggering Rs 14,040.5 crore by March 31, 2019. The order states that the promoters issued huge unsecured loans to these entities despite the fact that they did not have any assets or business. These loans were also falsely recorded as retail housing investigation has found that the modus operandi involved was to first extend large unsecured loans to these BBEs, even though they had no net worth, assets, or cash flows to justify such exposure. Second, all standard loan appraisal processes were deliberately bypassed.

Stock market holiday: BSE, NSE shut on Aug 15 for Independence Day
Stock market holiday: BSE, NSE shut on Aug 15 for Independence Day

Business Standard

time15 minutes ago

  • Business Standard

Stock market holiday: BSE, NSE shut on Aug 15 for Independence Day

Stock market holiday: The Indian stock market will be closed on Friday, August 15, 2025, on account of Independence Day. After a three-day long weekend, Indian equities will resume regular operations on Monday, August 18, 2025. There will be no trading or settlement in stocks, derivatives, securities lending and borrowing (SLB) segments on the National Stock Exchange (NSE) and BSE on Friday. The next market holiday after Independence Day will fall on August 27, 2025, on account of Ganesh Chaturthi. Here is a list of stock market holidays in 2025. Stock market trading hours The Indian stock market operates from Monday to Friday, between 9:15 AM and 3:30 PM. That apart, there is a pre-opening session from 9 AM to 9:15 AM on regular trading days, which helps to facilitate a smooth market opening. The market remains closed on weekends i.e., Saturdays and Sundays. Will the commodity market be open on Friday? Both sessions, morning and evening, of the Multi-Commodity Exchange (MCX) will remain closed on August 15, 2025. Similarly, the National Commodity & Derivatives Exchange (NCDEX), the largest agri commodity exchange in India will also remain fully closed. Market recap: Indian benchmark indices, Sensex and Nifty, finished higher on Wednesday, amid heavy buying in healthcare, metal, and auto stocks. The market sentiment was bolstered by easing inflation data, which dropped to a multi-year low. India's retail inflation, as measured by the Consumer Price Index (CPI), fell to 1.55 per cent in July, down from 2.1 per cent in June, marking the ninth consecutive month of decline. This is the lowest CPI reading since June 2017, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). That said, the BSE Sensex settled 304.32 points or 0.38 per cent higher at 80,539.91, while Nifty50 ended 131.95 points or 0.54 per cent higher at 24,619.35. Broader indices ended in green with the Nifty Midcap 100 index closing up 0.63 per cent and the SmallCap settling 0.66 per cent higher. Sectorally, Nifty Healthcare was the top gainer, up 2.13 per cent, followed by Nifty Pharma up 1.73 per cent, Nifty Metal up 1.26 per cent, and Auto up 1.12 per cent. On the flipside, Nifty FMCG, PSU Bank, and Oil and Gas fell 0.04 per cent, 0.14 per cent and 0.05 per cent, respectively.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store