Summary

National Securities Depository Limited (NSDL) reported a strong financial performance for the quarter and full year ended March 31, 2026. For FY26, standalone total income grew by 14.2% to ₹835.1 crore, with net profit after tax increasing by 12.1% to ₹360.6 crore. The consolidated results for Q4 FY26 were particularly robust, showing a 23.6% rise in total income to ₹486.8 crore and an 8.4% increase in net profit after tax to ₹90.3 crore. NSDL also achieved notable business milestones, including its highest-ever Depository Participant onboarding and a significant expansion of its net Beneficiary Owner market share to 15.4% in FY26.

Key Highlights

1. 1

   NSDL standalone total income for the financial year 2026 increased by 14.2% YoY to ₹835.1 crore, with net profit after tax growing by 12.1% YoY to ₹360.6 crore.

2. 2

   For Q4 FY26, standalone total income grew by 1.8% YoY to ₹195.4 crore, and net profit after tax increased by 5.2% YoY to ₹79.7 crore.

3. 3

   Consolidated total income for Q4 FY26 saw a significant increase of 23.6% YoY to ₹486.8 crore, while consolidated net profit after tax rose by 8.4% YoY to ₹90.3 crore.

4. 4

   The company recorded its highest Depository Participants (DP) onboarding in FY26, adding 21 new DPs, bringing the total count to 311.

5. 5

   Net Beneficiary Owner market share substantially increased from 9.0% in FY25 to 15.4% in FY26, driven by the addition of 49.4 lakh net BO accounts during the year.

6. 6

   NSDL's market share by total Demat Custody Value stood at 86.1% as of March 31, 2026, with the individual and HUF segments contributing 65.8%.

7. 7

   The Board of Directors has recommended a final dividend of ₹4 per equity share for the financial year 2025-26, pending shareholder approval.