How Did NSDL's Q1 Profit Climb 15% YoY to 89 Crore Despite Revenue Decline?
Click to start listening
Synopsis
NSDL's impressive profit increase of 15% in Q1 FY26, reaching Rs 89.63 crore, catches the eye despite an operational revenue drop. The company’s strategic cost management and its strong market position post-IPO make it a compelling story for investors.
Key Takeaways
- NSDL's profit rose by 15% YoY
- Revenue decreased by 7.5%
- EPS for Q1 FY26 was Rs 4.48
- Total expenses fell by over 14%
- Strong investor interest remains
New Delhi, Aug 12 (NationPress) The National Securities Depository's (NSDL) net profit for the first quarter of the current financial year (Q1 FY26) reached Rs 89.63 crore, marking a 15 percent increase year-on-year (YoY), as reported in a recent exchange filing on Tuesday.
In the same quarter of the previous year, the newly listed stock depository had a consolidated net profit of Rs 77.82 crore.
Despite a dip in revenue, NSDL managed to boost its bottom line for the April–June quarter of FY26. Revenue from operations fell to Rs 312 crore, representing a 7.5 percent decline from Rs 337 crore in Q1 of the prior year.
The company's earnings per share (EPS) for this quarter climbed to Rs 4.48.
Effective cost management led to a reduction in total expenses by over 14 percent year-on-year, bringing them down to Rs 228 crore in Q1 FY26 from Rs 265 crore a year earlier. In the prior quarter, total expenses were Rs 283 crore.
Since its market debut on August 6, NSDL has shown impressive performance, launching on the BSE at Rs 880, which is 10 percent above its IPO price.
With robust fundamentals and a dominant position in the depository sector, the Rs 4,000-crore IPO received positive endorsements from analysts for long-term investments.
The stock surged to an all-time high before stabilizing, peaking at 62 percent above its listing price and nearly 78 percent above its IPO price.
Currently, the stock remains 46.5 percent higher than its IPO price, indicating sustained investor interest.
On Tuesday, NSDL shares closed 1.24 percent higher at Rs 1,288.80 each on the NSE.
Point of View
I believe NSDL's recent financial results underscore the importance of strategic management in challenging times. Despite a drop in revenue, the significant profit increase highlights the resilience and adaptability of the organization. Investors should keep a keen eye on how NSDL navigates future market conditions.
NationPress
19/08/2025
Frequently Asked Questions
What is NSDL's profit for Q1 FY26?
NSDL reported a net profit of Rs 89.63 crore for Q1 FY26, a 15% increase YoY.
How much did NSDL's revenue decline?
NSDL's revenue from operations declined by 7.5%, dropping to Rs 312 crore.
What was the EPS for NSDL in Q1 FY26?
The earnings per share (EPS) for NSDL in Q1 FY26 was Rs 4.48.
How have NSDL's total expenses changed?
Total expenses decreased by over 14% YoY to Rs 228 crore in Q1 FY26.
What was the market performance of NSDL shares?
NSDL shares closed at Rs 1,288.80, marking a 1.24% increase.
