NSDL releases Q1 results: Standalone figures re-submitted amid strategic shifts and operational performance review
National Securities Depository Limited (NSDL) has released its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also issued a corrigendum regarding the standalone results following an inadvertent scanning error in the original submission.The re-submission of the Unaudited Standalone and Consolidated Financial Results confirms that there are no changes to the financial figures, disclosures, or the Limited Review Report previously submitted. The corrigendum was necessary solely to ensure the completeness of the document set.
Standalone Financial Performance Summary (Q Ended June 30, 2026)
The standalone results reflect a total income of 21,966.61 Lakhs for the quarter ended June 30, 2026, compared to 19,543.67 Lakhs in the quarter ended March 31, 2026, and 19,044.34 Lakhs in the previous year's corresponding quarter. The company reported a Profit after Tax of 3,913.40 Lakhs.Key financial metrics from the standalone results for the quarter ended June 30, 2026:
| Metric | Value (Lakhs) |
|---|---|
| Total Income | 21,966.61 |
| Total Expenses | 11,295.07 |
| Profit before Tax | 10,288.60 |
| Profit after tax | 3,913.40 |
Consolidated Results and Segment Performance
The consolidated financial results for the quarter ended June 30, 2026 reflect the operations of NSDL and its subsidiaries, including NSDL Database Management Limited and NSDL Payments Bank Limited, along with a share of profit from an Associate, India International Bullion Holding IFSC Limited.Total income for the Group stood at 56,049.18 Lakhs in the quarter ended June 30, 2026, up from 48,679.70 Lakhs in the quarter ended March 31, 2026. The net profit after tax for the Group during the corresponding period was 9,830.50 Lakhs.
The Group's operations are structured across multiple segments: Depository, Database management services, and Banking services.
A summary of segment performance (results) and asset composition for the quarter ended June 30, 2026, is provided below:
| Segment | Result (Lakhs) Q Ended June 30, 2026 | Asset Base (Lakhs) Q Ended June 30, 2026 |
|---|---|---|
| Depository | 8,000.99 | 71,104.65 |
| Database management services | 315.92 | 4,990.09 |
| Banking services | 329.84 | 43,977.10 |
Strategic Update: Insurance Repository Business Unit Conversion
The subsidiary NSDL Database Management Limited (NDML) has undertaken a strategic operational change concerning its insurance business unit. Following advisories from the Insurance Regulatory and Development Authority of India (IRDAI), NDML is in the process of converting its existing Strategic Business Unit (SBU), NSDL National Insurance Repository Services (NIR), into a separate, dedicated subsidiary company.The implementation includes preparing a Scheme of Demerger and obtaining necessary regulatory approvals for transferring the insurance repository registration to the proposed new entity. NIR recorded revenue of 7,145.36 lakhs for the quarter ended June 30, 2026. Management noted that due to the relatively small scale of NIR performance compared to the subsidiary's total operations, neither the related revenue nor pre-tax profit/loss has been separately disclosed in these financial results, as per Ind-AS 105.
Stock Price Movement
As of 14:16, National Securities Depository Ltd's shares are edging lower to ₹819.45, recording a 0.47% dip. The stock has been highly volatile today, trading within an intraday range established between a low of ₹817.10 and a high of ₹830.65.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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