6 days ago
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.
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