NSDL Posts Q1 Consolidated Revenue of ₹5.17 Billion

MUMBAI, July 30, 2026 — India's pioneer capital markets depository, National Securities Depository Limited (NSDL), reported its financial results for the first quarter ending June 30, 2026 (Q1 FY27), logging consolidated revenue from operations of ₹5.17 billion (₹517 crore). According to corporate disclosures submitted to domestic stock exchanges on Thursday, July 30, 2026, the central securities depository posted a consolidated net profit after tax (PAT) of ₹981.9 million (₹98.19 crore) for the April–June period. The performance underscores steady momentum in domestic equity market participation, expanding demat account onboarding, and higher asset custody value across institutional and retail investor segments.

Operating Performance and Demat Market Footprint

The consolidated revenue from operations of ₹5.17 billion was driven by core depository services, annual issuer fees, transaction charges, and value-added digital services. NSDL's operational scale expanded in line with record capital market participation across initial public offerings (IPOs), secondary market trading volumes, and mutual fund dematerialization initiatives.

Disciplined operational expenditure management contributed to a consolidated post-tax net profit of ₹981.9 million for the quarter. Operating profit margins remained supported by high operating leverage inherent in capital market infrastructure institutions, alongside steady treasury yields on invested surplus capital.

Strategic Significance for Indian Capital Market Infrastructure

As one of the dual depository pillars of Indian capital markets alongside CDSL, NSDL maintains the majority share of total dematerialized asset value in India, covering equities, corporate bonds, commercial papers, and government securities. The growth in quarterly earnings reflects sustained structural adoption of electronic holding formats by domestic retail investors, corporate issuers, and Foreign Portfolio Investors (FPIs).

Industry analysts note that depository institutions benefit directly from rising retail trading accounts, secondary market turnover, and corporate action processing across listed Indian equities.

Official Sources Section

According to official financial statements filed by National Securities Depository Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the quarterly results were reviewed by the Audit Committee and approved by the Board of Directors during its meeting on July 30, 2026. Financial disclosures were formally logged with BSE Limited and the National Stock Exchange of India. Capital market infrastructure and depository operations remain regulated by the Securities and Exchange Board of India (SEBI).

Quote Section

"According to officials and corporate filings submitted to stock exchanges, the first-quarter performance reflects steady growth across core depository operations, driven by sustained market activity and demat account creation."

Why It Matters

NSDL's first-quarter financial metrics provide a key indicator of market participation, investor confidence, and digital financial infrastructure health in India. For equity investors, market intermediaries, and institutional participants, strong financial stability at central depository institutions ensures secure post-trade processing, uninterrupted transaction settlement, and resilient market operations.

Key Facts at a Glance

• Quarterly Revenue: NSDL posted consolidated revenue from operations of ₹5.17 billion for Q1 FY27.

• Net Profit: Reported consolidated net profit after tax of ₹981.9 million for the June quarter.

• Market Position: Serves as India's primary depository maintaining leading share in total demat asset value.

• Exchange Disclosures: Official audited results submitted to BSE Limited and the National Stock Exchange of India.

Frequently Asked Questions (FAQs)

What was NSDL's consolidated revenue for the June quarter?

National Securities Depository Limited recorded consolidated revenue from operations of ₹5.17 billion (₹517 crore) for the quarter ending June 30, 2026.

How much net profit did NSDL report in Q1 FY27?

The depository reported a consolidated net profit after tax of ₹981.9 million (₹98.19 crore) for the April–June quarter.

What primary services generate operational revenue for NSDL?

NSDL generates operational revenue through demat transaction charges, account maintenance fees, issuer custody fees, e-voting services, and electronic document processing.

Where can investors access official financial filings for NSDL?

Official announcements and quarterly statements are available on the web portals of BSE Limited, the National Stock Exchange of India, and National Securities Depository Limited.

Source: BSE Limited, National Stock Exchange of India, National Securities Depository Limited, Securities and Exchange Board of India