National Securities Depository

BSE: 544467

₹ 705.00▼ 1.9 (−0.27%)28 Oct, 03:29 pm IST

Market cap: ₹ 14,095 Cr.
P/E: 36.3x
P/B: 6.08x
52-week range: 688 – 1,198
ROE: 17%
ROCE: 23%
Dividend yield: 0.6%
Debt / equity: 0.26
Sector: Capital Markets
Industry: Depositories, Clearing Houses and Other Intermediaries
Listed on: BSE

About

National Securities Depository Limited is an India-based SEBI registered market infrastructure institution (MII) offering a range of products and services to the financial and securities markets in India. As a depository, the Company provides a depository framework that enables market participants to participate in the financial and securities markets in India. It works to support investors, brokers, issuers and other market participants in the Indian capital markets. Its depository services include maintaining allotment and transfer of ownership records, account opening and management, settlement of market and off-market transfers, dematerialization of securities, corporate actions, pledge, margin pledge, non-disposal undertakings (NDUs), consolidated account statement (CAS), providing a comprehensive suite of APIs and cash benefit services. Its products and e-services include SPEED-e, and Submission of Power of Attorney-based Instructions for Clients Electronically (SPICE).

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Depositories, Clearing Houses and Other Intermediaries: 5 companies →

National Securities Depository against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

Valuation (P/E)36.3 against a typical 36.3: in line than most peers (1st = cheapest).3rd of 5
Sales growth+65.7% against a typical +26.7% from a year earlier.1st of 5
Profit growth+8.9% against a typical +8.9% from a year earlier.3rd of 5
Share price, 3 months−14.7% against a typical −9.9%.5th of 5
Size₹ 14,095.3 Cr. market value against a typical ₹ 15,146.1 Cr. (1st = largest).3rd of 4

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	337	357	363	364	312	400	360	458	517
Expenses	257	244	272	272	217	273	254	356	416
Operating Profit	80	113	91	91	95	127	106	103	101
OPM %	24%	32%	25%	25%	30%	32%	29%	22%	20%
Other Income	28	29	29	31	35	32	35	29	44
Interest	1	1	1	1	2	1	2	2	2
Depreciation	8	8	9	10	10	11	13	14	14
Profit before tax	100	133	110	111	118	146	125	116	129
Tax %	22%	28%	22%	25%	24%	24%	29%	22%	24%
Net Profit	78	96	86	83	90	110	90	90	98
EPS in Rs	3.89	4.81	4.29	4.16	4.48	5.52	4.48	4.51	4.91

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth

10 Years: —
5 Years: 27%
3 Years: 14%
TTM: 24%

Compounded Profit Growth

10 Years: —
5 Years: 15%
3 Years: 18%
TTM: 9%

Stock Price CAGR

10 Years: —
5 Years: —
3 Years: —
TTM: —

Return on Equity

10 Years: —
5 Years: 18%
3 Years: 17%
TTM: —

Shareholding

Latest: Jun 2026.

FIIs

11.69%

DIIs

37.75%

Public

50.55%

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 36.3xEPS (12 months) ₹ 19.42Median P/E 48.6x

P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison

National Securities Depository	₹ 705.00	₹ 14,095 Cr.	36.3x	6.1x	17%	—
ICICI Prudential Asset Management Company Ltd	₹ 2,655.00	₹ 1,30,928 Cr.	47.7x	37.7x	—	56%
HDFC Asset Management Company	₹ 2,250.00	₹ 96,542 Cr.	39.9x	12.3x	—	69.3%
Nippon Life India Asset Management	₹ 922.10	₹ 59,010 Cr.	50.1x	16.3x	34.5%	56.4%
Multi Commodity Exchange Of India	₹ 3,017.00	₹ 76,931 Cr.	52.6x	16.6x	37.9%	57.8%
Motilal Oswal Financial Services	₹ 925.00	₹ 55,715 Cr.	30.8x	4.5x	15.6%	21.2%

Management

Subhash Kelkar: Executive Director - Vertical 1, Critical Operations
Alen Wilfred Wilfred Ferns: Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.