544467-BOM

National Securities Depository Ltd.

BSE: 544467

Sector: Financial Services

Industry Group: Capital Markets

Industry: Depositories, Clearing Houses and Other Intermediaries

817.10-6.9 (-0.83%)

24 Aug, 3:30 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

98.5 / 100

Value Score

29.4 / 100

Price Momentum Score

16.3 / 100

QVM Score

41.8 / 100

Key Metrics

Market Cap

16479.00

P/E (TTM)

42.44

P/B

6.95

P/S (TTM)

9.50

EV/EBITDA

33.73

CAPE (5Y)

56.99

ROE (TTM)

17.36

ROCE (TTM)

17.52

ROA (TTM)

11.16

Avg 3Y ROE

17.89

Earnings 3Y CAGR

17.37

Sales 3Y CAGR

16.40

Sales 5Y CAGR

26.96

Debt/Equity

0.01

Consensus TP

920.00

Strong Buy %

0.00

Promoter Holding

Pledged %

Stock Analysis

Fundamental analysis overview of National Securities Depository Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

High and stable ROE

The company reported strong ROE of 17.36% for 12-month ended 30 Jun 2026 and ROE declined marginally by -124 bps from 1 year ago

What is ROE (FY)?

Strong revenue growth and in line with median growth of industry

The company delivered strong revenue growth of 24.45% for 12-month ended 30 Jun 2026 and the growth was 1.68 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 22.77

Value 24.45

7.7411414.2

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.01 as on 30 Jun 2026 and Debt to Equity remained same in the last 1 year

What is Debt to Equity?

Negative

Weak price momentum

Price Momentum score of 16.3 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

16.3 / 100

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -4.56% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Not enough data

Low dividend yield

The company has a low dividend yield of 0.73%

What is Dividend yield?

Neutral

Stock appears expensive but is at a discount to industry median P/B

PB of 6.95 indicates that the stock is expensive on a standalone basis but discount to industry median P/B is decent at -18.62%

What is P/B Ratio?

Median: 8.54

Value 6.95

0.4214.81

High operating margin but declining trend

The company reported strong operating margin of 22.32% for 12-month ended 30 Jun 2026 but operating margin declined by -302 bps from 1 year ago

What is Operating profit margin?

Low EPS growth but above median growth of industry

The company delivered low EPS growth of 9.44% for 12-month ended 30 Jun 2026 but the growth was 4.89 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Financial Snapshot

See detailed analysis

Multi-year trends for National Securities Depository Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

ROA FY

National Securities Depository Ltd. Shareholding Pattern

Quarterly breakdown of National Securities Depository Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Jun 2025	Aug 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	-	-	-	-	-	-
Indian Promoter	-	-	-	-	-	-
Foreign Promoter	-	-	-	-	-	-
Institutions	59.41	59.41	55.11	52.39	52.03	49.45
Mutual Funds / UTI	3.05	3.05	1.65	0.45	0.19	0.36
FI/Bank/Insurance	39.88	39.88	37.21	37.10	37.14	37.08
Govt	-	-	-	-	-	-
FII	4.32	4.32	4.64	3.29	3.15	1.87
Other Institutions	12.17	12.17	11.60	11.55	11.56	10.14
Non-Institution	40.58	40.58	44.89	47.61	47.96	50.55
Bodies Corporate	17.58	17.58	18.25	18.05	17.92	17.81
Others (incl. Retail) No. of shareholders	23.00 10,34,705	23.00 10,34,705	26.64 8,29,625	29.56 8,62,892	30.04 8,72,850	32.74 8,92,391

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in National Securities Depository Ltd. shares as reported to NSE and BSE.

Name	Date	Type	Price	Qty.	Value
Nk Securities Research Pvt. Ltd.	21 Aug 2025	sell	₹ 1,279.80	12.14 lac	₹ 155.34 cr
Nk Securities Research Pvt. Ltd.	21 Aug 2025	buy	₹ 1,279.32	12.14 lac	₹ 155.28 cr
Marwadi Chandarana Intermediaries Brokers Private Limited	13 Aug 2025	sell	₹ 1,224.33	11.36 lac	₹ 139.12 cr
Marwadi Chandarana Intermediaries Brokers Private Limited	13 Aug 2025	buy	₹ 1,222.42	11.36 lac	₹ 138.90 cr
Nk Securities Research Pvt. Ltd.	12 Aug 2025	sell	₹ 1,299.72	14.36 lac	₹ 186.61 cr
Nk Securities Research Pvt. Ltd.	12 Aug 2025	buy	₹ 1,299.12	14.36 lac	₹ 186.52 cr
Marwadi Chandarana Intermediaries Brokers Private Limited	12 Aug 2025	sell	₹ 1,291.23	11.18 lac	₹ 144.41 cr
Marwadi Chandarana Intermediaries Brokers Private Limited	12 Aug 2025	buy	₹ 1,290.11	11.18 lac	₹ 144.28 cr
Pure Broking Private Limited	11 Aug 2025	sell	₹ 1,337.95	11.01 lac	₹ 147.36 cr
Nk Securities Research Pvt. Ltd.	11 Aug 2025	buy	₹ 1,342.43	29.08 lac	₹ 390.44 cr

…

Corporate Actions

History of National Securities Depository Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 4/share
Record date: 11th Sep 2026Ex-date: 11th Sep 2026
Announced on: 30th Apr 2026
Dividend₹ 2/share
Record date: 19th Sep 2025Ex-date: 19th Sep 2025
Announced on: 28th Aug 2025

Company Profile

Overview of National Securities Depository Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

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 t...

Key personnel

Mr. Alen Wilfred Wilfred Ferns

Company Secretary

Mr. Parveen Kumar GuptaD

Non-Executive Chairman of the Board, Public Interest Director

Mr. Subhash KelkarD

Executive Director - Vertical 1, Critical Operations

Mr. Baburao BusiD

Director

Mr. Srinivasan SridharD

Director

Mr. Sriram KrishnanD

Non-Executive Non-Independent Director

Prof. Rajat MoonaD

Independent Director

Mrs. Sripriya KumarD

Non-Executive Public Interest Director

View all

Incorporated on

27 Apr 2012

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

06 Aug 2025

Free Float

10,41,55,501

Website

https://www.nsdl.co.in

Phone no.

+912224994200

Address

3rd Floor, Naman Chamber,Plot C-32, G-Block,, Bandra Kurla Complex, Bandra East, MUMBAI, 400051, India

Frequently Asked Questions

What is the current share price of National Securities Depository Ltd.?

The current share price of National Securities Depository Ltd. is ₹ 817.10 as of 24 Aug 2026.

What is the market capitalisation of National Securities Depository Ltd.?

The market capitalisation of National Securities Depository Ltd. stands at ₹ 16,479.00 Cr.

What is the PE ratio of National Securities Depository Ltd.?

The Price-to-Earnings (PE) ratio of National Securities Depository Ltd. is 42.44 as of the latest trailing twelve months data.

What is the ROE and ROCE of National Securities Depository Ltd.?

National Securities Depository Ltd. has a Return on Equity (ROE) of 17.36% and a Return on Capital Employed (ROCE) of 17.52% as per the latest financial reports.

What is the 52-week high and low of National Securities Depository Ltd.?

The 52-week high of National Securities Depository Ltd. is - and the 52-week low is -.

What is the dividend yield of National Securities Depository Ltd.?

The dividend yield of National Securities Depository Ltd. is 0.73% based on the current market price.

What is the FII and DII holding in National Securities Depository Ltd.?

Foreign Institutional Investors (FII) hold 1.87%, Domestic Institutional Investors (DII) hold 37.44% and retail/public investors hold 32.74% of National Securities Depository Ltd. shares.

What sector does National Securities Depository Ltd. belong to?

National Securities Depository Ltd. operates in the Financial Services sector. 33.33% of analysts have a Buy or Strong Buy rating on National Securities Depository Ltd. with a consensus target price of ₹ 920.00, implying 11.66% upside from current levels.

What is the beta of National Securities Depository Ltd.?

The beta of National Securities Depository Ltd. is 0.93, indicating its price volatility relative to the broader market. Over the past 1 year, National Securities Depository Ltd. has delivered an absolute return of -31.68%.

What is the RSI of National Securities Depository Ltd.?

The 14-day Relative Strength Index (RSI) of National Securities Depository Ltd. is 52.59, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.