NSDL
National Securities Depository Ltd
NSE BSELast Traded Price
₹781.45
-2.60 (-0.33%)
Open
₹784.05
High
₹784.05
Low
₹775.00
Prev Close
₹784.05
Industry
Financial Services
Market Cap
15,629.00 Cr
Filing History
Recent corporate announcements and filings for 544467
Business Update
Positive
2026-11-04 17:15
Current scenario
- Q2 FY27 Consolidated Revenue was ₹545.9Cr vs ₹400Cr (▲36.5% YoY) and Net Profit was ₹122.5Cr vs ₹110.4Cr (▲10.9% YoY).
- Total demat accounts reached 4.72 crores, with NSDL adding 15.6 lakh net demat accounts during the quarter, achieving a market share of 17.2%.
- Fintech brokers now account for 23.5% of incremental demat account sourcing compared to 9.3% in Q2 FY26.
Changes in trends
- Primary market activity rebounded strongly in Q2 FY27 with India raising over ₹1.17 lakh crores through 244 IPOs in the first 9 months of calendar year 2026.
- Total number of demat accounts in India crossed 24 crores with nearly 90 lakh additions in Q2 FY27.
- Unlisted issuer onboarding has largely flattened out, reaching a mature stage with 3,197 companies added during the quarter.
Management Guidance & Outlook
- Technology investments will transition from a catch-up phase to a build-up mode focusing on product innovation, AI, and cybersecurity.
- Operating expenses and tech spending are expected to start flattening out from next year as the base effect kicks in.
- Priority remains on expanding retail market share, scaling newly added fintech DPs, and capturing opportunities in tokenized bonds via Demat 2.0.
Routine
Neutral
2026-11-02 18:40
- National Securities Depository Limited has submitted an intimation under Regulation 8(2) of SEBI (PIT) Regulations, 2015.
- The company has updated its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI).
- The updated Code incorporates amendments following its annual review approved by the Governing Board on October 31, 2026.
- The revised Code is made available on the company's official website.
Business Update
Neutral
2026-11-02 18:25
- National Securities Depository Ltd uploaded the audio recording of the earnings conference call held on November 02, 2026.
- The call covered Q2 FY27 unaudited standalone and consolidated financial results.
- Audio recording is accessible via the company's website.
Business Update
Neutral
2026-11-02 15:23
Concall Schedule
Concall Date: November 5, 2026
Concall Time: Not specified
Business Update
Positive
2026-10-31 20:21
- National Securities Depository Ltd. released its investor presentation for Q2 FY2027.
- The company reported strong demat account growth with 47.2 million Beneficiary Owner (BO) accounts and ₹536.45 lakh crore demat custody value.
- Key achievements include the rollout of DEMAT 2.0 for tokenized bonds, NSE API for Electronic Gold Receipts, and OBPP API connectivity.
- Onboarded 10 new Depository Participants (DPs) during H1 FY27, taking the total network to 320.
Business Update
Positive
2026-10-31 19:38
- Q2 FY27 Consolidated Total Income increased 34.8% YoY to ₹582.6 Cr from ₹432.2 Cr.
- Consolidated PAT grew 10.9% YoY to ₹122.5 Cr versus ₹110.4 Cr in Q2 FY26.
- Total Beneficiary Owner (BO) accounts reached 4.72 Cr with 15.6 lakh net additions.
- Demat Custody Value market share stood at 85.8%.
Financials
Neutral
2026-10-31 19:12
- Board of Directors approved Unaudited Standalone and Consolidated Financial Results for Q2 and half year ended September 30, 2026.
- Statutory Auditors K. C. Mehta & Co. LLP issued Limited Review Report.
- Financial figures and detailed tables were not included in the provided text.
Financials
Neutral
2026-10-31 19:03
- Board approved Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026.
- Statutory Auditors K. C. Mehta & Co. LLP submitted Limited Review Report.
- Meeting commenced at 2:30 p.m. and concluded at 6:15 p.m.
Business Update
Neutral
2026-10-22 15:41
Concall Schedule
Concall Date: November 02, 2026
Concall Time: 04:30 p.m. IST
Governance
Neutral
2026-10-16 18:03
- SEBI has approved the re-appointment of Mr. Sriram Krishnan as Non-Independent Director on the Governing Board of NSDL.
- Re-appointment is effective from September 22, 2026.
- Mr. Krishnan brings over 29 years of experience in Indian banking and capital markets.
Governance
Neutral
2026-10-08 16:01
- Board Meeting scheduled on Saturday, October 31, 2026.
- Meeting convened to consider and approve Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026.
- Trading window remains closed from October 01, 2026, until 48 hours after results declaration.
Governance
Neutral
2026-09-29 17:41
- Mr. Ashish Dandekar appointed as Chief Technology Officer (CTO) and Key Management Personnel of the company effective September 29, 2026.
- Mr. Kothandaraman Prabhakaran resigned as Chief Technology Officer effective September 28, 2026, and will serve as Executive Vice President until his last working day on October 12, 2026.
Routine
Neutral
2026-09-28 17:41
- Trading window for dealing in NSDL securities will remain closed with effect from October 01, 2026.
- Closure applies to Designated Persons, Connected Persons, and their immediate relatives.
- Reopening will occur 48 hours after the announcement of financial results for the quarter and half-year ended September 30, 2026.
Business Update
Neutral
2026-09-23 16:54
- Analyst/Investor Meeting Schedule
- Meeting Date: September 28, 2026
- Participants: PL Capital Mid & Small Cap Conference
- Location: Mumbai (Physical)
Governance
Neutral
2026-09-23 16:21
- The 14th Annual General Meeting (AGM) of National Securities Depository Limited was held on September 22, 2026.
- All agenda items were approved, including the adoption of financial statements for FY 2026, declaration of a final dividend of ₹4/- per equity share, and the appointment of directors.
Governance
Positive
2026-09-22 18:09
- The 14th Annual General Meeting (AGM) of National Securities Depository Limited (NSDL) was held on September 22, 2026.
- Members adopted the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026.
- A final dividend of ₹4 per equity share was declared for the financial year ended March 31, 2026.
- Mr. Sriram Krishnan, Mr. Subhash Kelkar, and Mr. Ankit Sharma were appointed/re-appointed as directors.
Governance
Positive
2026-09-21 12:10
- Mr. Ankit Sharma (DIN: 10496270) has been appointed as Executive Director (Vertical 2) of National Securities Depository Limited (NSDL).
- His portfolio will cover Regulatory, Compliance, Risk Management & Investor Grievances.
- The appointment is effective from September 21, 2026, for a period of five years.
- Mr. Sharma has over 30 years of experience, including roles at NSE and ICICI Securities.
Governance
Neutral
2026-08-31 19:40
- Dispatched web-link for 14th Annual Report FY 2025-26 and AGM Notice.
- 14th Annual General Meeting (AGM) scheduled for September 22, 2026, at 11:30 AM (IST) via VC/OAVM.
- Members are also reminded to update KYC details as per SEBI circulars.
Governance
Positive
2026-08-31 19:31
- Notice of 14th Annual General Meeting (AGM) to be held on Tuesday, September 22, 2026, at 11:30 A.M. (IST) via Video Conferencing (VC)/Other Audio-Visual Means (OAVM).
- Board recommended a final dividend of ₹4/- per equity share for the Financial Year ended March 31, 2026.
- Book Closure Period: September 12, 2026, to September 21, 2026.
- Remote E-Voting Period: September 18, 2026 (9:00 A.M.) to September 21, 2026 (5:00 P.M.).
- Proposals include re-appointment of Mr. Sriram Krishnan as Non-Independent Director and appointment of Mr. Subhash Kelkar and Mr. Ankit Sharma as Executive Directors.
Routine
Neutral
2026-08-27 17:12
New Filing detected. See link for details.
Ownership
Neutral
2026-08-19 15:01
- Deutsche Bank AG, Mumbai Branch, disclosed the sale of shares in National Securities Depository Limited under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, Regulation 29(2).
- Before the sale, Deutsche Bank AG held 10,000,000 shares, representing 5% of the total voting capital.
- A total of 4,010,646 shares (2.01% of total voting capital) were sold via open market transactions on the Bombay Stock Exchange (BSE) between February 16, 2026, and August 11, 2026.
- After the sale, Deutsche Bank AG's holding in National Securities Depository Limited is 5,989,354 shares, representing 2.99% of the total voting capital.
Business Update
Negative
2026-08-14 13:04
CRITICAL RED FLAG DETECTED
- NSDL received a Show Cause cum Demand Notice from GST Authority on Aug 13, 2026.
- Demand: ₹28.68 Crores for alleged non-payment of GST on royalty for brand name/logo usage by related entities (FY 2020-21 to FY 2023-24).
- The company is evaluating the notice and will pursue legal remedies.
Business Update
Neutral
2026-08-13 16:20
- Investor Meeting Schedule
- Meeting Date: August 19, 2026
- Event: Motilal Oswal 22nd Annual Global Investor Conference, 2026
- Location/Mode: Mumbai (Physical)
Business Update
Neutral
2026-08-10 18:34
- Analyst/Investor Meeting Schedule
- Meeting Date: August 13, 2026
- Details: With Emkay Confluence 2026, in-person at Investor Meeting, Mumbai.
Business Update
Positive
2026-08-05 18:38
- Consolidated Total Income ₹560.5 crores vs ₹346.8 crores (▲61.6% YoY)
- Consolidated PAT ₹98.3 crores vs ₹89.6 crores (▲9.7% YoY)
- Consolidated EBITDA ₹145 crores vs ₹129.5 crores (▲12% YoY)
- Standalone Total Income ₹219.7 crores vs ₹190.4 crores (▲15.3% YoY)
- Standalone PAT ₹89.1 crores vs ₹82.6 crores (▲7.9% YoY); Standalone margins moderated due to front-loaded investments in technology and manpower, expected to normalize.
- NSDL's incremental market share in net demat account additions for Q1 FY27 increased to 17.6% (vs 15.5% in Q1 FY26), with total demat accounts reaching 4.56 crores.
- Retail customers for the Payments Bank increased 1.7x to 49.5 lakhs YoY; margins impacted by upfront onboarding revenue sharing, expected to stabilize and improve.
- Folio count grew from ~11.9 crores to ~14 crores YoY, driven by adding ~60,000 unlisted companies in the last two years, including 3,600 this quarter.
- Strong growth in pledge income, benefiting from market trends and MTF book, with pledge/unpledged count up ~15% YoY.
- Enabled SWAGAT-FI framework for FPIs/FVCIs for simplified onboarding and reduced compliance.
Business Update
Neutral
2026-07-31 18:16
- Audio recording of the conference call held on July 31, 2026, for Q1 (2026-27) results has been uploaded to the Company's website.
Financials
Negative
2026-07-31 14:34
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹51,663 Lakhs vs ₹31,204 Lakhs (▲65.6% YoY)
- EBITDA ₹14,504 Lakhs vs ₹12,954 Lakhs (▲12.0% YoY)
- PAT ₹9,831 Lakhs vs ₹8,963 Lakhs (▲9.7% YoY)
- EBITDA Margin 28.1% vs 41.5% (▼1340 bps)
- The company is appealing a SAT order regarding Karvy Stock Broking, facing potential liabilities related to pledged shares. While management is confident, the outcome is contingent on the Supreme Court's verdict.
Financials
Negative
2026-07-31 14:15
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹516.63Cr vs ₹312.04Cr (▲65.56% YoY)
- EBITDA ₹101.17Cr vs ₹94.79Cr (▲6.73% YoY)
- PAT ₹98.31Cr vs ₹89.63Cr (▲9.68% YoY)
- EBITDA Margin 19.58% vs 30.38% (▼1080bps)
- Re-submission of Q1 FY2027 Unaudited Financial Results due to a scanning error, with no changes to the financial figures.
- Company is involved in ongoing civil appeals before Supreme Court regarding the Karvy Stock Broking Ltd matter, concerning invocation of pledged shares or compensation to banks/NBFCs; outcome is pending.
Routine
Neutral
2026-07-30 20:10
New Filing detected. See link for details.
Routine
Neutral
2026-07-30 20:05
New Filing detected. See link for details.
Routine
Neutral
2026-07-30 19:56
New Filing detected. See link for details.
Financials
Positive
2026-07-30 19:35
- Consolidated Total Income ₹560.5 Cr vs ₹346.8 Cr (▲61.6% YoY)
- Consolidated Net Profit after tax ₹98.3 Cr vs ₹89.6 Cr (▲9.7% YoY)
Financials
Positive
2026-07-30 18:51
- Consolidated Revenue ₹516.63 Cr vs ₹312.04 Cr (▲65.56% YoY)
- EBITDA ₹145.04 Cr vs ₹129.54 Cr (▲11.96% YoY)
- PAT ₹98.31 Cr vs ₹89.63 Cr (▲9.68% YoY)
- EBITDA Margin 28.07% vs 41.51% (▼1344bps)
- Board approved the convening of the 14th Annual General Meeting (AGM) on September 22, 2026.
Financials
Negative
2026-07-30 18:39
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹516.63 Cr vs ₹312.04 Cr (▲65.56% YoY)
- EBITDA ₹101.17 Cr vs ₹94.79 Cr (▲6.73% YoY)
- PAT ₹98.31 Cr vs ₹89.63 Cr (▲9.68% YoY)
- EBITDA Margin 19.58% vs 30.38% (▼1080bps)
- The Board of Directors approved the Unaudited (Standalone and Consolidated) Financial Results for the quarter ended June 30, 2026.
- The 14th Annual General Meeting (AGM) will be held on September 22, 2026, with September 11, 2026, fixed as the Record Date.
- M/s. Mihen Halani & Associates were appointed as the Scrutinizer for the e-voting process of the AGM.
- A pending Supreme Court case exists regarding a SAT order related to Karvy Stock Broking Ltd, implicating NSDL, SEBI, and NSE. NSDL management maintains a strong case with no liability.
Governance
Negative
2026-07-25 13:40
CRITICAL RED FLAG DETECTED
- NSDL received a Show Cause Notice from the Superintendent, Division Mumbai East, CBIC GST Bhavan, Mumbai, dated July 23, 2026 (received July 24, 2026).
- A penalty of ₹50,000 has been imposed under CGST Act, 2017 for delay in filing an application for amendment of GST registration for the removal of a Director's name.
- The Company will submit its response to the GST Authority.
- There is no material impact on the financial, operational, or other activities of the Company.