BSECompany Update2d ago · 31 Oct 2026, 07:36 pm
Press Release on Financial Results for the quarter and half year ended September 30, 2026
National Securities Depository Ltd · 544467
✦ AI Summary▲ PositiveResults
National Securities Depository Ltd (NSDL) has announced its unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026, showing a growth of 34.8% YoY in total income and 10.9% YoY in net profit after tax for Q2 FY27.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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National Securities Depository Ltd - 544467 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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NSDL/AF/BSE/2026/0081 Date: October 31, 2026
Listing Compliance Department
BSE Limited,
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai 400 001
Dear Sir/Madam,
Scrip Code: 544467 ISIN: INE301O01023
Sub.: Press Release on Financial Results for the quarter and half year ended
September 30, 2026
Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations & Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
Pursuant to Regulation 30 of Listing Regulations, please find enclosed herewith the press
release for Unaudited Standalone and Consolidated Financial Results of National
Securities Depository Limited (‘the Company’) for the quarter and half year ended
September 30, 2026.
The said information is available on the Company's website at https://nsdl.com/ in terms
of Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
We request you to kindly take the same on record.
Thanking you,
Yours faithfully,
For National Securities Depository Limited
Alen Ferns
Company Secretary & Compliance Officer
Membership No. A30633
Encl: As above
301, 3rd Floor, Naman Chambers, G Block, Plot No- C-32, Bandra Kurla Complex, Bandra East, Mumbai- 400051
Tel: 91 22 6944 8400/8500| CIN – L74120MH2012PLC230380 | Email: info@nsdl.co.in | Web: nsdl.com
NSDL-PUBLIC
PRESS RELEASE
Mumbai, October 31, 2026
NSDL reports standalone total income growth of 11.7% YoY in Q2 FY27 and
13.3% YoY in H1 FY27
Business Update
• Depository Participants (DP) footprint has grown consistently, with 320 DPs as of
September 30, 2026, supported by 53,846 service centres
• Market share in net Beneficiary Owner (BO) account additions stood at 17.2% in Q2
FY27, compared with 17.6% in Q2 FY26. For H1 FY27, market share increased to 17.4%
from 16.6% in H1 FY26
• During the quarter, we added 15.6 lakh net BO accounts (17.8 lakh gross), taking total
BO account base to 4.72 cr as of September 30, 2026
• Market share in the Unlisted Equity segment stands at 72.5% in Q2 FY27, with 3,197
companies admitted to the platform during the quarter
• NSDL’s issuer base has grown to ~118,679 issuers
• As of September 30, 2026, market share by total Demat Custody Value stood at 85.8%,
of which market share of individual and HUF stands at 66.3%
Recent Launches
• Launched Demat 2.0, a platform using distributed ledger technology to support
tokenized securities and enable near-real-time settlement through integration with RBI’s
wholesale Central Bank Digital Currency (CBDC) infrastructure
• Established an API-based interface with NSE to automate EGR creation, improve
processing efficiency and support the digitization of physical gold ownership
• Introduced API connectivity for Online Bond Platform Providers, enabling real-time
account and holdings validation and electronic instruction submission to simplify
investor transactions in the bond market
• Enabled online submission of Form 121 through its corporate website, simplifying
compliance and providing issuers and stakeholders with a seamless digital experience
Page 1 of 4
NSDL-PUBLIC
NSDL-PUBLIC
Subsidiaries Update
NSDL Payments Bank
• NSDL Payments Bank’s RuPay NCMC smartcards reached 1.3 cr MSRTC registrations
and over Rs.100 cr in cumulative card loads in October 2026, supporting concessional
bus travel in Maharashtra under the government mandate effective September 1, 2026
• The Bank continues to gain traction in the digital payments ecosystem and is currently
among the top 34 banks on UPI remitter bank
• Retail customer base grew 1.6x to 54.3 lakh in Q2 FY27 from 33.5 lakh in Q2 FY26, with
deposit balances rising 1.4x to Rs.378.1 cr from Rs.271.5 cr over the same period
NSDL Database Management
• KYC records of registered intermediaries reached 2.06 cr as of September 30, 2026
• Processed 2.53 cr transactions with total payment value of ~Rs.13,036 cr
• SEZ Online integrated with RBI on October 1, 2026 for API-based reporting of goods
and services trade under FEMA Regulations 2026. ~1,000 importers and exporters
across SEZ and domestic jurisdictions use IMEXIO to prepare and file Customs
declarations
• Following IRDAI guidance, NDML incorporated NDML Insurance Repository Services
Limited (NIRSL) and filed a demerger application with NCLT Mumbai to transfer the
insurance repository business. The cumulative number of e-Insurance Accounts (eIA)
created on the National Insurance Repository (NIR) platform stands at 1.75 cr policies
to date
Other Update
• NSDL made further investment in India International Bullion Holding IFSC Limited
(IIBH), in order to support various IT infrastructure development, among others
Consolidated Performance Update
Quarterly:
• The Total Income increased from Rs.432.2 cr (Q2 FY26) to Rs.582.6 cr (Q2 FY27),
registering a growth of 34.8% YoY
• The Net Profit after tax increased from Rs.110.4 cr (Q2 FY26) to Rs.122.5 cr (Q2 FY27),
up by 10.9% YoY
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NSDL-PUBLIC
NSDL-PUBLIC
Half Year:
• The Total Income increased from Rs.779.0 cr (H1 FY26) to Rs.1,143.1 cr (H1 FY27),
registering a growth of 46.7% YoY
• The Net Profit after tax increased from Rs.200.0 cr (H1 FY26) to Rs.220.8 cr (H1 FY27),
up by 10.4% YoY
Financial Performance Highlights
NSDL announced its unaudited consolidated and standalone financial results for the
quarter and half year ended September 30, 2026.
Quarterly:
(All amounts in Rs. Cr)
Standalone Consolidated
YoY QoQ YoY QoQ
Particulars Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27
Growth Growth Growth Growth
Total Income 250.6 219.7 279.8 11.7% 27.4% 432.2 560.5 582.6 34.8% 3.9%
Net Profit after
120.4 89.1 126.7 5.2% 42.1% 110.4 98.3 122.5 10.9% 24.6%
Half Year 2027:
Standalone Consolidated
Particulars H1 FY26 H1 FY27 YoY Growth H1 FY26 H1 FY27 YoY Growth
Total Income 441.0 499.5 13.3% 779.0 1,143.1 46.7%
Net Profit after
203.0 215.8 6.3% 200.0 220.8 10.4%
Page 3 of 4
NSDL-PUBLIC
NSDL-PUBLIC
About NSDL (www.nsdl.com): NSDL (National Securities Depository Limited), one of the largest depositories
in the world, established in August 1996 has established a state-of-the-art infrastructure that handles most
of the securities held and settled in dematerialized form in the Indian capital market. NSDL aims at ensuring
the safety and soundness of Indian marketplaces by developing settlement solutions that increase efficiency,
minimize risk and reduce costs. At NSDL, we play a central role in developing products and services that will
continue to nurture the growing needs of the financial services industry. NSDL provides bouquet of services
to investors, stockbrokers, custodians, issuer companies etc. through its nation-wide network of Depository
Partners.
NSDL Database Management Limited (“NDML”) is currently providing services for e-governance project for
special economic zones in India such as SEZ Online for the Government of India, Know Your Client (“KYC”)
registration agency, insurance repository for e-insurance policies, managing paper to follow process on
behalf of National Payments Corporation of India, assisting SEBI registered capital market intermediaries to
digitally onboard new clients and perform necessary diligence and KYC, and assisting academic institutions
in issuing awards digitally.
NSDL Payments Bank Limited (“NPBL”) is currently engaged in the business of payment banking, including
accepting demand deposits, providing payment solutions, remittances or recharge services through its
mobile application, issuance of debit cards and co-branded prepaid cards, and offering domestic money
transfer, mutual fund investment services, bank verification services for corporate brokers and insurance
investment services.
Place: Mumbai
Date: October 31, 2026
Media Contact
Ujjawal Punmiya
JVP, Marketing and Corporate Communications
ujjawal.punmiya@nsdl.com
Connect with us
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NSDL-PUBLIC