NSDL Q1 FY27 results at a glance
National Securities Depository Q1 FY27 key results metrics| Quarter | Q1 FY27 |
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| Quarter ended | 30 Jun 2026 |
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| Revenue | ₹517 cr |
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| Revenue YoY | +65.6% |
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| Operating profit | ₹86.47 cr |
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| Operating margin | 16.7% |
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| Net profit | ₹98.19 cr |
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| Net profit YoY | +9.6% |
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| Net profit QoQ | +9.0% |
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| Net margin | 19.0% |
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| Basic EPS | ₹4.91 |
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| TTM revenue | ₹1,735 cr |
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| TTM net profit | ₹388 cr |
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| TTM net margin | 22.4% |
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NSDL Q1 FY27 results: what the numbers say
National Securities Depository (NSDL) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹517 cr and a net profit of ₹98.19 cr, translating into earnings per share of ₹4.91.
Compared with the same quarter a year earlier, revenue grew sharply by +65.6% and net profit grew by +9.6%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at ₹86.47 cr, an operating margin of 16.7% versus 27.4% a year ago — a contraction of 10.7 percentage points.
NSDL quarter-wise results table
Net profit
₹98.19 cr
+9.6% YoY
Operating profit
₹86.47 cr
+1.0% YoY
National Securities Depository (NSDL) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q1 FY272026-06-30 | ₹517 cr | ₹86.47 cr | ₹98.19 cr | 16.7% | 19.0% | ₹4.91 | +9.6% | +9.0% |
| Q4 FY262026-03-31 | ₹458 cr | ₹89.97 cr | ₹90.11 cr | 19.6% | 19.7% | ₹4.51 | — | +0.6% |
| Q3 FY262025-12-31 | ₹360 cr | ₹93.95 cr | ₹89.61 cr | 26.1% | 24.9% | ₹4.48 | — | -18.8% |
| Q2 FY262025-09-30 | ₹400 cr | ₹117 cr | ₹110 cr | 29.2% | 27.6% | ₹5.52 | — | +23.2% |
| Q1 FY262025-06-30 | ₹312 cr | ₹85.62 cr | ₹89.63 cr | 27.4% | 28.7% | ₹4.48 | — | — |
| TTM (last 4 quarters) | ₹1,735 cr | ₹387 cr | ₹388 cr | 22.3% | 22.4% | ₹19.42 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
NSDL quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
National Securities Depository quarterly income statement| Particulars | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q2 FY262025-09-30 | Q1 FY262025-06-30 |
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| Revenue / Sales | ₹517 cr | ₹458 cr | ₹360 cr | ₹400 cr | ₹312 cr |
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| Total expenses | ₹430 cr | ₹368 cr | ₹266 cr | ₹283 cr | ₹226 cr |
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| Gross profit | ₹463 cr | ₹411 cr | ₹310 cr | ₹355 cr | ₹274 cr |
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| Operating profit (EBIT) | ₹86.47 cr | ₹89.97 cr | ₹93.95 cr | ₹117 cr | ₹85.62 cr |
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| Operating margin | 16.7% | 19.6% | 26.1% | 29.2% | 27.4% |
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| Interest cost | ₹1.7 cr | ₹1.7 cr | ₹1.91 cr | ₹1.47 cr | ₹1.61 cr |
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| Profit before tax | ₹129 cr | ₹116 cr | ₹125 cr | ₹146 cr | ₹118 cr |
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| Tax expense | ₹30.54 cr | ₹25.22 cr | ₹35.79 cr | ₹35.8 cr | ₹28.72 cr |
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| Effective tax rate | 23.7% | 21.8% | 28.5% | 24.5% | 24.3% |
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| Net profit (PAT) | ₹98.19 cr | ₹90.11 cr | ₹89.61 cr | ₹110 cr | ₹89.63 cr |
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| Net profit margin | 19.0% | 19.7% | 24.9% | 27.6% | 28.7% |
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| Basic EPS | ₹4.91 | ₹4.51 | ₹4.48 | ₹5.52 | ₹4.48 |
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| Diluted EPS | ₹4.91 | ₹4.51 | ₹4.48 | ₹5.52 | ₹4.48 |
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NSDL results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
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| Revenue YoY | +65.6% | — | — | — | — |
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| Revenue QoQ | +12.7% | +27.4% | -10.1% | +28.2% | — |
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| Operating profit YoY | +1.0% | — | — | — | — |
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| Operating profit QoQ | -3.9% | -4.2% | -19.6% | +36.5% | — |
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| Net profit YoY | +9.6% | — | — | — | — |
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| Net profit QoQ | +9.0% | +0.6% | -18.8% | +23.2% | — |
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| EPS YoY | +9.6% | — | — | — | — |
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| EPS QoQ | +8.9% | +0.7% | -18.8% | +23.2% | — |
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NSDL annual results history
Full-year performance for National Securities Depository, useful for reading each quarter in context.
National Securities Depository annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹1,529 cr | ₹1,420 cr | ₹1,268 cr | ₹1,021 cr |
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| Total expenses | ₹1,118 cr | ₹1,078 cr | ₹1,005 cr | ₹786 cr |
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| Gross profit | ₹1,252 cr | ₹1,213 cr | ₹1,097 cr | ₹875 cr |
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| Operating profit (EBIT) | ₹411 cr | ₹341 cr | ₹263 cr | ₹236 cr |
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| Operating margin | 26.9% | 24.0% | 20.8% | 23.1% |
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| Interest cost | ₹6.7 cr | ₹4.02 cr | ₹2.06 cr | ₹1.87 cr |
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| Profit before tax | ₹506 cr | ₹453 cr | ₹355 cr | ₹305 cr |
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| Tax expense | ₹126 cr | ₹110 cr | ₹79.51 cr | ₹70.23 cr |
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| Effective tax rate | 24.8% | 24.3% | 22.4% | 23.0% |
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| Net profit (PAT) | ₹380 cr | ₹343 cr | ₹275 cr | ₹235 cr |
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| Net profit margin | 24.8% | 24.2% | 21.7% | 23.0% |
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| Basic EPS | ₹18.99 | ₹17.16 | ₹13.77 | ₹11.74 |
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| Diluted EPS | ₹18.99 | ₹17.16 | ₹13.77 | ₹11.74 |
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Revenue trend and demand read-through
Topline for Q1 FY27 came in at ₹517 cr against ₹312 cr in Q1 FY26, and ₹458 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue grew +12.7%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹430 cr, or 83.3% of revenue, with operating profit grew +1.0% year on year.
Margins, tax and profitability
Net profit of ₹98.19 cr works out to a net margin of 19.0% compared with 28.7% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, National Securities Depository reported profit before tax of ₹129 cr, a tax charge of ₹30.54 cr (effective rate 23.7%), interest cost of ₹1.7 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹90.11 cr in Q4 FY26 to ₹98.19 cr in Q1 FY27, a change of +9.0%.
Trailing twelve months and annual context
Across the trailing four quarters National Securities Depository has generated revenue of ₹1,735 cr and net profit of ₹388 cr, a trailing net margin of 22.4%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹1,529 cr with net profit of ₹380 cr and EPS of ₹18.99, versus the prior year where revenue grew +7.7% and profit grew +10.7%.
What to watch in the next NSDL quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
National Securities Depository has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
NSDL results coverage
No results report published for NSDL yet — our desk covers each quarter within minutes of the filing.
NSDL quarterly results FAQs
What were National Securities Depository (NSDL) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), National Securities Depository reported revenue of ₹517 cr and net profit of ₹98.19 cr, a change of +9.6% year on year on +65.6% revenue growth. EPS stood at ₹4.91.
What is NSDL profit margin in Q1 FY27?
National Securities Depository posted a net profit margin of 19.0% and an operating margin of 16.7% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹1,735 cr and net profit ₹388 cr.
Did NSDL results beat the previous quarter?
National Securities Depository net profit changed +9.0% quarter on quarter, from ₹90.11 cr in Q4 FY26 to ₹98.19 cr in Q1 FY27.
When are National Securities Depository (NSDL) quarterly results?
National Securities Depository has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see NSDL latest quarterly results?
Results coverage for NSDL will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the NSDL stock page.
What is National Securities Depository annual revenue and profit?
For FY26, National Securities Depository reported full-year revenue of ₹1,529 cr and net profit of ₹380 cr, with EPS of ₹18.99.
How many quarterly results has NSDL declared recently?
Past results dates for NSDL will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 11 Sept 2026. For information only, not investment advice.
