Good morning :)
Place Order
Add to Watchlist

National Securities Depository Ltd

NSDL Share Price

1,071.750.31% (-3.35)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹21,502 cr, stock is ranked 338

Stock is 4.49x as volatile as Nifty

NSDL Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹21,502 cr, stock is ranked 338

Stock is 4.49x as volatile as Nifty

NSDL Performance & Key Metrics

NSDL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
58.2510.720.19%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
17.902.430.98%

NSDL Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
50%
Analysts have suggested that investors can buy this stock

from 4 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

NSDL Company Profile

National Securities Depository Limited (NSDL) is a market infrastructure institution in India that provides depository and technology-driven services for the capital markets.

NSDL Similar Stocks (Peers)

Compare with peers Compare with peers 

NSDL Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
84.94
84.94
1Y Return
81.43%
81.43%
Buy Reco %
57.14
57.14
PE Ratio
92.16
92.16
1Y Return
60.25%
60.25%
Buy Reco %
62.50
62.50
PE Ratio
47.32
47.32
1Y Return
17.56%
17.56%
Buy Reco %
50.00
50.00
PE Ratio
60.97
60.97
1Y Return
10.61%
10.61%
Buy Reco %
45.45
45.45
PE Ratio
34.24
34.24
1Y Return
9.08%
9.08%
Buy Reco %
100.00
100.00
Compare with Peers

NSDL Sentiment Analysis

NSDL Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

NSDL Stock Summary · August 2025

In Q1 FY26, the company demonstrated resilience with a year-over-year increase in total income and profit, despite facing challenges such as a decline in Demat accounts and flat transaction volumes. Strategic initiatives focused on enhancing investor engagement and operational efficiency are expected to bolster market positioning, particularly through innovative services and partnerships aimed at financial inclusion. While the Payments Bank segment experienced revenue dips due to macroeconomic factors, a diversified revenue model with a strong emphasis on recurring income provides a buffer against market fluctuations. Investments in technology and cybersecurity are prioritized to improve customer experience and operational dependability, reflecting a commitment to long-term growth amidst a complex operational landscape. Overall, management's cautious optimism underscores a proactive approach to navigating current market dynamics while positioning for future opportunities.

NSDL Stock Growth Drivers
NSDL Stock Growth Drivers
8
  • Strong Financial Performance

    In Q1 FY26, the company reported a standalone total income of INR 190.4 crores, reflecting

  • Increased Market Share

    The company has improved its market share in beneficial ownership accounts to 15.5%, a notable

NSDL Stock Challenges
NSDL Stock Challenges
4
  • Decline in Top-Line Revenue

    National Securities Depository Limited (NSDL) has reported a reduction in its top-line revenue, attributed to

  • Increase in Operating Expenses

    Despite a reported decrease in standalone operating expenses due to a one-off regulatory settlement fee,

NSDL Forecast

NSDL Forecasts

Price

Revenue

Earnings

NSDL

NSDL

Income

Balance Sheet

Cash Flow

NSDL Income Statement

NSDL Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 32.3%, vs industry avg of 27.14%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 8.31% to 18.49%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 22.43%, vs industry avg of 31.86%

Loading...

Financial YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue379.35524.30821.291,099.821,365.701,537.591,565.46
Raw Materialssubtract0.000.000.000.000.000.001,034.73
Power & Fuel Costsubtract2.241.531.681.681.752.32
Employee Costsubtract73.4488.06103.79109.81123.20138.53
Selling & Administrative Expensessubtract61.9391.6342.5954.0955.4184.49
Operating & Other expensessubtract65.6078.62373.92605.98804.21819.30
Depreciation/Amortizationsubtract12.8317.0218.9321.6924.1235.4040.17
Interest & Other Itemssubtract1.100.862.181.522.064.105.63
Taxes & Other Itemssubtract37.4658.0165.6170.2379.50110.32115.80
EPS6.249.4310.6311.7413.7717.1618.46
DPS0.801.005.001.001.002.002.00
Payout ratio0.130.110.470.090.070.120.11

NSDL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual report

PDF
 

NSDL Stock Peers

NSDL Past Performance & Peer Comparison

NSDL Past Performance & Peer Comparison

Comparing 3 stocks from 
FinancialsStock Exchanges & Ratings

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
National Securities Depository Ltd62.6610.720.19%
BSE Ltd84.9424.610.28%
Multi Commodity Exchange of India Ltd92.1627.390.30%
CRISIL Ltd47.3212.621.26%

NSDL Stock Price Comparison

Compare NSDL with any stock or ETF
Compare NSDL with any stock or ETF
NSDL
Loading...

NSDL Holdings

NSDL Shareholdings

NSDL Promoter Holdings Trend

NSDL Promoter Holdings Trend

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

NSDL Institutional Holdings Trend

NSDL Institutional Holdings Trend

Increased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 2.20%

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

NSDL Shareholding Pattern

NSDL Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%1.65%37.58%15.90%44.87%

Jun 2025

Jul 2025

Aug 2025

Sep 2025

NSDL Shareholding History

NSDL Shareholding History

JulJunJulAugSep0.00%15.57%0.00%15.57%15.90%

Mutual Funds Invested in NSDL

Mutual Funds Invested in NSDL

No mutual funds holding trends are available

Top 5 Mutual Funds holding National Securities Depository Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.2154%0.07%0.00%249/252 (-10)
0.1630%0.38%-0.20%30/39 (-4)
0.1376%0.20%-0.01%69/94 (-2)

Compare 3-month MF holding change on Screener

NSDL Insider Trades & Bulk Stock Deals

NSDL Insider Trades & Bulk Stock Deals

Loading...

smallcases containing NSDL stock

smallcases containing NSDL stock

Looks like this stock is not in any smallcase yet.

NSDL Events

NSDL Events

NSDL Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

NSDL has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.19%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.86 every year

Dividends

Corp. Actions

Announcements

Legal Orders

NSDL Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

NSDL has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.19%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.86 every year

NSDL Upcoming Dividends

NSDL Upcoming Dividends

No upcoming dividends are available

NSDL Past Dividends

NSDL Past Dividends

Cash Dividend

Ex DateEx DateSep 19, 2025

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 19, 2025

NSDL Stock News & Opinions

NSDL Stock News & Opinions

Earnings
National Securities Depository consolidated net profit rises 14.75% in the September 2025 quarter

Net profit of National Securities Depository rose 14.75% to Rs 110.39 crore in the quarter ended September 2025 as against Rs 96.20 crore during the previous quarter ended September 2024. Sales rose 12.15% to Rs 400.04 crore in the quarter ended September 2025 as against Rs 356.70 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales400.04356.70 12 OPM %31.6431.65 - PBDT157.29141.19 11 PBT146.19133.07 10 NP110.3996.20 15 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
National Securities Depository to declare Quarterly Results

National Securities Depository will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
National Securities Depository to convene AGM

National Securities Depository announced that the 13th Annual General Meeting(AGM) of the company will be held on 29 September 2025.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Board of National Securities Depository recommends final dividend

National Securities Depository announced that the Board of Directors of the Company at its meeting held on 23 May 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
NSDL posts 24% YoY rise in Q1 PAT; demat account market share rises to 15.5%

Total expenses rose by 15.4% YoY to Rs 80.9 crore in Q1 FY26. Profit before tax (PBT) in Q1 FY26 was at Rs 109.5 crore, up by 26.8% from Rs 86.3 crore posted in Q1 FY25. NSDL's demat account (net BO A/C) market share increased from 9.4% Q1 FY25 to 15.5% in Q1FY26 and crossed 4 crores account as of 30 June 2025. The company's market share increased in unlisted market as the number of companies admitted in Q1 FY26 stood at 10,392, with overall market share 73.2% (equity) compared with Q1 FY 25 at 70.8%. Its market share by total demat custody value was 86.6%. National Securities Depository is one of the largest depositories in the world. The depository 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. The scrip fell 3.63% to currently trade at Rs 1242.05 on the BSE. Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
National Securities Depository Ltd leads gainers in 'B' group

Orient Press Ltd, Laxmi India Finance Ltd, M & B Engineering Ltd and Premier Polyfilm Ltd are among the other gainers in the BSE's 'B' group today, 08 August 2025.National Securities Depository Ltd soared 18.06% to Rs 1326 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 412.8 lakh shares were traded on the counter so far as against the average daily volumes of 441.17 lakh shares in the past one month. Orient Press Ltd surged 15.28% to Rs 97.99. The stock was the second biggest gainer in 'B' group. On the BSE, 512 shares were traded on the counter so far as against the average daily volumes of 1602 shares in the past one month. Laxmi India Finance Ltd spiked 14.32% to Rs 169.25. The stock was the third biggest gainer in 'B' group. On the BSE, 29.27 lakh shares were traded on the counter so far as against the average daily volumes of 7.36 lakh shares in the past one month. M & B Engineering Ltd jumped 13.60% to Rs 474. The stock was the fourth biggest gainer in 'B' group. On the BSE, 7.91 lakh shares were traded on the counter so far as against the average daily volumes of 11.03 lakh shares in the past one month. Premier Polyfilm Ltd exploded 12.31% to Rs 51.27. The stock was the fifth biggest gainer in 'B' group. On the BSE, 26056 shares were traded on the counter so far as against the average daily volumes of 10669 shares in the past one month. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
National Securities Depository announces board meeting date

National Securities Depository will hold a meeting of the Board of Directors of the Company on 12 August 2025.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Shares of National Securities Depository list in B Group

The equity shares of National Securities Depository (Scrip Code: 544467) are listed and admitted to dealings on the Exchange in the list of ''B'' Group. In the pre-open session for newly listed IPO shares, the indicative price of the stock is at a premium of 11.25% over the IPO price of Rs 890.Powered by Capital Market - Live

3 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of National Securities Depository Ltd (NSDL) today?

    The share price of NSDL as on 5th December 2025 is ₹1071.75. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on National Securities Depository Ltd (NSDL) share?

    The past returns of National Securities Depository Ltd (NSDL) share are
    • Past 1 week: -5.20%
    • Past 1 month: -4.13%
    • Past 3 months: -13.00%
    • Past 6 months: 14.86%
    • Past 1 year: 14.86%
    • Past 3 years: N/A%
    • Past 5 years: 14.86%

  3. What are the peers or stocks similar to National Securities Depository Ltd (NSDL)?
  4. What is the dividend yield % of National Securities Depository Ltd (NSDL) share?

    The current dividend yield of National Securities Depository Ltd (NSDL) is 0.19.

  5. What is the market cap of National Securities Depository Ltd (NSDL) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of National Securities Depository Ltd (NSDL) is ₹21502 Cr as of 5th December 2025.

  6. What is the 52 week high and low of National Securities Depository Ltd (NSDL) share?

    The 52-week high of National Securities Depository Ltd (NSDL) is ₹1425 and the 52-week low is ₹880.

  7. What is the PE and PB ratio of National Securities Depository Ltd (NSDL) stock?

    The P/E (price-to-earnings) ratio of National Securities Depository Ltd (NSDL) is 62.66. The P/B (price-to-book) ratio is 10.72.

  8. Which sector does National Securities Depository Ltd (NSDL) belong to?

    National Securities Depository Ltd (NSDL) belongs to the Financials sector & Stock Exchanges & Ratings sub-sector.

  9. How to buy National Securities Depository Ltd (NSDL) shares?

    You can directly buy National Securities Depository Ltd (NSDL) shares on Tickertape. Simply sign up, connect your demat account and place your order.