Announced Thu, 13 Nov · 18:28 IST

Investor Presentation - Q2 (2025-26)

Investor Communications View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NSDL submitted its Q2 FY26 investor presentation to BSE on November 13, 2025, following a conference call hosted by ICICI Securities. Standalone total income rose 18.9% YoY to ₹250.6 cr, with operating revenue up 20.7% YoY to ₹204.2 cr and profit after tax up 18.3% YoY to ₹120.4 cr (EPS ₹6.02). H1 FY26 standalone PAT grew 20.6% YoY to ₹203 cr. On the consolidated side, total income rose 12.2% YoY to ₹432.2 cr and PAT climbed 14.7% YoY to ₹110.3 cr. Operationally, NSDL crossed 4 crore demat accounts in May 2025, added 13.92 lakh incremental accounts in Q2, and holds 86.3% market share in total demat custody value.

Likely market impact

Strong YoY growth across revenue and profit, with healthy 25% return on equity, signals a robust quarter for shareholders; however, total expenses grew 27.2% YoY outpacing revenue growth, hinting at some cost pressure worth watching.