Did NSDL Achieve Nearly 5% Growth in Q4 Net Profit Before IPO?

Synopsis
Key Takeaways
- NSDL reported a 4.77% increase in net profit for Q4 FY25.
- Total income grew by 9.94% in the same period.
- Net profit for the full financial year surged 24.57%.
- Proposed final dividend of Rs 2 per equity share.
- Upcoming IPO reduced to 5.01 crore shares.
Mumbai, May 25 (NationPress) The National Securities Depository Limited (NSDL) is preparing for its initial public offering (IPO) and has announced a 4.77% growth in consolidated net profit, reaching Rs 83.3 crore for the quarter ending March 2025 (Q4 FY25), compared to Rs 79.5 crore in the same quarter of the previous fiscal year (Q4 FY24).
The NSDL also experienced a significant increase in total income, which rose by 9.94% to Rs 394 crore during this quarter, up from Rs 358 crore in January-March 2024 (Q4 FY24).
For the entire financial year 2024-25, the depository’s net profit jumped by 24.57% to Rs 343 crore, while total income grew 12.41% to Rs 1,535 crore compared to the preceding year (FY24).
Additionally, the company’s board has proposed a final dividend of Rs 2 per equity share for FY 2024-25, which still awaits approval from shareholders.
The NSDL is vital to the Indian financial infrastructure, enabling the holding and transfer of securities in a dematerialised format.
The depository’s demat account holders span over 99% of India’s pin codes and cover 186 countries globally, supported by more than 63,000 service centres across all states and Union Territories during FY24.
In preparation for its IPO, the NSDL has scaled back the offering size to 5.01 crore shares, a reduction from the initial 5.72 crore shares indicated in its draft prospectus.
This IPO is entirely an offer-for-sale (OFS), with shares being sold by existing stakeholders such as the National Stock Exchange of India (NSE), State Bank of India (SBI), and HDFC Bank.
As it is an OFS, the NSDL will not benefit financially from the public issue. The markets regulator SEBI has postponed the deadline for NSDL’s listing to July 31.
This upcoming listing will position the NSDL as the second publicly traded depository in India, following the Central Depository Services Limited (CDSL), which went public in 2017.