Audited Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NSDL reported strong FY2025-26 results with standalone revenue growing 14% to ₹704.7 crore and PAT rising 12% to ₹360.6 crore. Consolidated revenue increased 8% to ₹1,530 crore with PAT at ₹380 crore. The company serves as India's depository and maintains three segments: Depository, Database Management Services, and Banking Services. The board recommended a dividend of ₹4 per share (₹8 crore total outflow). Auditors K.C. Mehta & Co. LLP issued unmodified opinions on both standalone and consolidated results with no qualifications. A contingent liability exists from the Karvy Supreme Court case where SAT directed SEBI/NSE/NSDL to compensate banks ₹1,435 crore, but no provision has been made based on legal opinion. Operating cashflow remained healthy at ₹319 crore standalone.
Positive results with consistent double-digit earnings growth and maintained margins. The clean audit opinion removes uncertainty, while the dividend announcement provides immediate shareholder return. The unresolved Karvy legal case remains a contingent risk.