National Securities Depository Ltd Q1 FY27 earnings call summary

Earnings call of 31 Jul 2026, summarised by AI from the filing.

NSDL Q1 FY27 standalone total income ₹219.7 cr, up 15.3%, with margins moderated by front-loaded technology and manpower investments.

Key takeaways

1. Standalone results Total income ₹219.7 cr (Q1 FY26: ₹190.4 cr, +15.3%); PAT ₹89.1 cr (Q1 FY26: ₹82.6 cr, +7.9%).
2. Margin outlook Operating leverage expected to support normalized margins over the medium term as front-loaded investments mature.
3. Market share Incremental demat market share rose to 17.6% in Q1 FY27 from about 14% in Q4 and about 15.5% in Q1 FY26.
4. FinTech onboarding FinTech share of new account additions rose to about 20% from about 2% a few quarters back.
5. Margin moderation Standalone margins moderated on front-loaded technology, cyber security and manpower investments.

Original filing on BSE

National Securities Depository Ltd earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (31 Jul 2026), Results deck (30 Jul 2026), Results press release (30 Jul 2026)
• Q4 FY26: Earnings call (2 May 2026), Results deck (1 May 2026), Results press release (30 Apr 2026)
• Q3 FY26: Earnings call (29 Jan 2026), Results deck (29 Jan 2026), Results press release (28 Jan 2026)
• Q2 FY26: Earnings call (13 Nov 2025), Results deck (13 Nov 2025), Results deck (13 Nov 2025), Results press release (13 Nov 2025)
• Q1 FY26: Earnings call (12 Aug 2025), Results deck (12 Aug 2025), Results press release (13 Aug 2025)