Earnings Call/Transcript
National Securities Depository Q2 FY27 Earnings Transcript
National Securities Depository Limited filed the transcript of its November 2, 2026 conference call discussing Q2 FY27 results.
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Investor Presentation
Q2 FY27
Investor Presentation
Q2 FY26
Investor Presentation
Q1 FY26
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Capital Markets
Depositories, Clearing Houses and Other Intermediaries
15,283 Cr
Low Risk
38.1
38.6
1.9
6.1
1,180.00
688.00
Sales CAGR
Profit CAGR
ROE
ROCE
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Earnings Call/Transcript
National Securities Depository Limited filed the transcript of its November 2, 2026 conference call discussing Q2 FY27 results.
Regulatory/Compliance Filing
National Securities Depository Limited intimated BSE about its updated Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information under SEBI PIT Regulations.
Earnings Call/Transcript
National Securities Depository Limited uploaded the audio recording of its November 2, 2026 conference call on Q2 FY27 unaudited standalone and consolidated financial results.
Public Notice/Press Release
National Securities Depository Limited will meet Ashika Institutional Equities in person in Mumbai on November 5, 2026.
Regulatory/Compliance Filing
National Securities Depository submitted newspaper clippings publishing its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
National Securities Depository Ltd (NSDL) is currently trading at 764.15 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
National Securities Depository Limited is a SEBI-registered market infrastructure institution providing depository, securities settlement, issuer, investor, registry, payments and database-management services across India’s financial markets. NSDL’s consolidated Q2 FY27 revenue increased 34.8% year-on-year to INR582.6 crores, while profit after tax rose 10.9% to INR122.5 crores. The divergence reflects continued investment in technology, cybersecurity, automation and critical talent, which has temporarily constrained operating leverage. The company’s strategic priority is improving retail demat market share, currently around 17.2% in Q2, through fintech relationships, new depository participants and technology upgrades. Fintech brokers contributed 23.5% of incremental account sourcing, compared with 9.3% a year earlier. Demat 2.0 has entered a SEBI sandbox pilot for institutional tokenized bond issuances using distributed-ledger technology and RBI CBDC settlement. Three issuances exceeding INR1,000 crores have been completed, but retail access and secondary-market functionality remain future regulatory and development milestones. NSDL’s subsidiaries are becoming more meaningful contributors. Payments Bank customers reached 54.3 lakh and deposits INR378.1 crores, while NSDL Database Management held 2.06 crore KRA records and the insurance repository platform had created 1.75 crore dematerialized policies.
Over the past 52 weeks, National Securities Depository Ltd has traded between a low of ₹688.00 and a high of ₹1,180.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
National Securities Depository Ltd has a market capitalization of approximately 15,283.00. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
National Securities Depository Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 38.14 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 15,283.00 Cr, National Securities Depository Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
National Securities Depository Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of National Securities Depository Ltd is 38.14. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
NSDL said the pace of technology-spending increases should start flattening from next financial year. Management said FY27 spending is expected to be broadly similar to the prior year, although a marginal difference is possible.
NPBL reported 54.3 lakh retail customers in Q2 FY27. That was up from 33.5 lakh in Q2 FY26, or 1.6 times year-on-year growth.
NSDL said fintech brokers sourced 23.5% of its incremental demat accounts at the end of Q2 FY27. Their share was 9.3% in Q2 FY26, an increase of 14.2 percentage points.
NSDL said three primary tokenised bond issues on Demat 2.0 were worth a little over Rs 1,000 crore in total. The disclosure came during its Q2 FY27 earnings call. This is issuance value rather than secondary-market trading value.
