NSDL Q1FY26 Results: Revenue Dropped While PAT Saw a Double-Digit Growth

On Aug 13, 2025, NSDL share price continued its two day falling streak by declining as much as 3%, reaching a day low of ₹1,226 at 09:45 AM after opening at ₹1,298 on BSE. The fall in NSDL share price follows the release of its Q1 FY26 results, marking its first quarterly earnings release since its recent stock market debut.

NSDL Q1FY26 Earnings Highlights

For the quarter ended June 30, 2025, NSDL posted a consolidated net profit of ₹89.63 crore, reflecting a 15.16% year-on-year (YoY) increase compared to ₹77.82 crore reported in the same quarter last year.

However, revenue from operations declined by 7.5% YoY, falling to ₹312.03 crore from ₹337.29 crore in Q1 FY25. The decline was largely due to a drop in banking services revenue, although the depository services segment continued to show strong momentum. On the cost side, total expenses fell by 14% YoY to ₹228.03 crore, contributing to improved profitability.

Key Highlights and Strategic Initiatives in Q1 FY26

• NSDL introduced a Common Contract Note that consolidates trades across multiple exchanges, simplifying post-trade reporting for investors.
• Integrated proxy advisor recommendations on the ESP voting page, empowering investors with better information during e-voting.
• Launched API-based conversion of physical mutual fund units to dematerialised form, streamlining investor experience.
• Initiated direct payouts to investors, bypassing intermediaries such as brokers.
• Enabled online closure and transfer of joint demat accounts for greater convenience.

Also Read: Suzlon Energy CFO Himanshu Mody Tendered Resignation Following Q1FY26 Results

NSDL Share Price Performance

NSDL made a strong debut on the BSE on August 6, listing at ₹880 per share, a 10% premium over its IPO price. As of the latest market close, the stock has delivered an impressive 61% return to IPO investors.

Following its listing-day high of ₹1,425, the stock has moderated but continues to trade significantly above its issue price, reflecting sustained investor interest.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.