National Securities Depository Limited — Q4 (2025-26) and year ended 31 March 2026
| Sr. No. | Particulars | Quarter ended 31.03.2026 (Audited) | Quarter ended 31.12.2025 (Unaudited) | Quarter ended 31.03.2025 (Audited) | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| a. Revenue from operations | 17,060.66 | 16,898.88 | 16,654.31 | 70,471.39 | 61,862.75 | |
| b. Other income | 2,483.01 | 2,970.57 | 2,535.57 | 13,042.46 | 11,278.18 | |
| Total Income | 19,543.67 | 19,869.45 | 19,189.88 | 83,513.85 | 73,140.93 | |
| 2 | Expenses | |||||
| a. Employee benefits expense | 3,110.74 | 3,170.03 | 2,289.48 | 11,672.60 | 8,779.14 | |
| b. Depreciation and amortisation expense | 890.02 | 841.45 | 648.32 | 2,954.80 | 2,111.87 | |
| c. Finance cost | 3.70 | 4.02 | 1.64 | 12.72 | 7.20 | |
| d. Contribution to investor protection fund | 500.47 | 407.06 | 383.89 | 1,844.91 | 1,542.05 | |
| e. Other expenses | 4,750.14 | 4,273.00 | 5,691.79 | 19,200.15 | 18,483.85 | |
| Total Expenses | 9,255.07 | 8,695.56 | 9,015.12 | 35,685.18 | 30,924.11 | |
| 3 | Profit before Tax (1 – 2) | 10,288.60 | 11,173.89 | 10,174.76 | 47,828.67 | 42,216.82 |
| 4 | Tax Expenses | |||||
| a. Current tax | 2,056.44 | 1,922.79 | 2,461.57 | 9,677.28 | 9,505.99 | |
| b. Deferred tax | 264.34 | 706.82 | 137.46 | 1,335.32 | 549.22 | |
| c. Taxes related to earlier years | – | 756.20 | – | 756.20 | – | |
| Total Tax Expenses | 2,320.78 | 3,385.81 | 2,599.03 | 11,768.80 | 10,055.21 | |
| 5 | Profit after tax (3-4) | 7,967.82 | 7,788.08 | 7,575.73 | 36,059.87 | 32,161.61 |
| 6 | Other Comprehensive Income | |||||
| Items that will not be reclassified to profit or loss: | ||||||
| a. Actuarial gain/(loss) on post retirement benefit plans | 95.39 | (102.04) | 20.25 | (89.80) | (228.34) | |
| b. Income tax relating to items that will not be reclassified to profit or loss | (24.01) | 25.68 | (5.10) | 22.60 | 57.47 | |
| Total Other Comprehensive Income (net of tax) | 71.38 | (76.36) | 15.15 | (67.20) | (170.87) | |
| 7 | Total Comprehensive Income for the year (5+6) | 8,039.20 | 7,711.72 | 7,590.88 | 35,992.67 | 31,990.74 |
| 8 | Paid up Equity Share Capital | 4,000.00 | 4,000.00 | 4,000.00 | 4,000.00 | 4,000.00 |
| (Face value per share ₹ 2 each) | ||||||
| 9 | Other Equity | 2,08,840.52 | 1,76,847.85 | |||
| 10 | Basic and Diluted Earnings per share (₹) | 3.98 | 3.89 | 3.79 | 18.03 | 16.08 |
| (Face value per share ₹ 2 each) (not annualised except yearly data) |
| Particulars | As at 31st March, 2026 (Audited) | As at 31st March, 2025 (Audited) |
|---|---|---|
| I. ASSETS | ||
| Non-Current Assets | ||
| a) Property, plant and equipment | 29,739.47 | 25,367.55 |
| b) Capital work-in-progress | 373.49 | 306.92 |
| c) Right of use of assets | 140.12 | 47.39 |
| d) Intangible assets | 5,247.50 | 2,567.42 |
| e) Intangible asset under development | 898.54 | 316.73 |
| 36,399.12 | 28,606.01 | |
| f) Financial assets | ||
| i) Non-current investments | 1,40,579.23 | 1,28,410.50 |
| ii) Other financial assets | 1,385.49 | 319.44 |
| g) Deferred tax assets (net) | – | 367.44 |
| h) Income tax assets (net) | 549.30 | 549.30 |
| i) Other non-current assets | 3,662.67 | 3,333.59 |
| 1,46,176.69 | 1,32,980.27 | |
| Current Assets | ||
| a) Financial assets | ||
| i) Current investments | 54,837.40 | 40,633.82 |
| ii) Trade receivables | 10,784.75 | 9,249.16 |
| iii) Cash and cash equivalents | 7,235.18 | 3,850.62 |
| iv) Bank balances other than (iii) above | 18,851.85 | 18,111.73 |
| v) Other financial assets | 21.52 | 561.32 |
| b) Other current assets | 3,456.21 | 2,560.17 |
| 95,186.91 | 74,966.82 | |
| Total | 2,77,762.72 | 2,36,553.10 |
| Particulars | As at 31st March, 2026 (Audited) | As at 31st March, 2025 (Audited) |
|---|---|---|
| II. EQUITY AND LIABILITIES | ||
| EQUITY | ||
| a) Equity share capital | 4,000.00 | 4,000.00 |
| b) Other equity | 2,08,840.52 | 1,76,847.85 |
| 2,12,840.52 | 1,80,847.85 | |
| LIABILITIES | ||
| Non-Current Liabilities | ||
| Financial Liabilities | ||
| a) Lease liability | 83.19 | 39.34 |
| b) Other financial liabilities | 807.77 | 542.79 |
| c) Deferred tax liabilities | 967.87 | – |
| 1,858.83 | 582.13 | |
| Current Liabilities | ||
| a) Financial Liabilities | ||
| i) Trade payables | ||
| a) Total outstanding dues of micro enterprises and small | 707.92 | 569.35 |
| b) Total outstanding dues of creditors other than micro enterprises and small enterprises | 3,909.79 | 2,973.65 |
| ii) Lease liability | 71.09 | 18.85 |
| iii) Other financial liabilities | 43,938.49 | 37,886.04 |
| b) Provisions | 4,451.19 | 3,566.10 |
| c) Current tax liability (net) | 925.54 | 1,394.49 |
| d) Other current liabilities | 9,059.35 | 8,714.64 |
| 63,063.37 | 55,123.12 | |
| Total | 2,77,762.72 | 2,36,553.10 |
| Particulars | For the year ended 31st March, 2026 | For the year ended 31st March, 2025 |
|---|---|---|
| A. Cash Flow From Operating Activities | ||
| Profit before tax | 47,828.67 | 42,216.82 |
| Adjustments for : | ||
| Depreciation and amortisation expense | 2,954.80 | 2,111.87 |
| Provision/Reversal for compensated absences | 142.95 | (21.20) |
| Provision for investor awareness | 799.40 | 697.16 |
| Provision write back | – | – |
| Provision for doubtful trade receivables | (1,518.03) | 1,991.15 |
| Bad debts written off | 2,020.44 | 10.49 |
| Finance cost | 12.72 | 7.20 |
| Contribution to investor protection fund | 1,844.91 | 1,542.05 |
| Fair value gain on investments in mutual funds | (2,298.37) | (1,715.16) |
| Dividend from subsidiary | (1,831.50) | (1,831.50) |
| Profit on sale of investments | (19.30) | (9.78) |
| Profit on sale of Property Plant and equipment | (5.44) | – |
| Interest income | (8,676.31) | (7,532.47) |
| Operating Profit before Working Capital Changes | 41,254.94 | 37,466.63 |
| Changes in Working Capital: | ||
| (Increase) / decrease in other assets | (1,136.01) | (4,543.11) |
| (Increase) / decrease in other financial assets | (515.73) | 4,590.96 |
| (Increase) / decrease in trade receivables | (2,002.87) | (5,141.89) |
| Increase / (decrease) in trade payables | 1,074.71 | 880.84 |
| Increase / (decrease) in other financial liabilities | 3,884.54 | 8,386.39 |
| Increase / (decrease) in provisions | (67.20) | (59.67) |
| Increase / (decrease) in other liabilities | 344.71 | 3,245.70 |
| Cash generated from Operations | 42,837.09 | 44,825.85 |
| Net income tax paid | (10,902.43) | (8,843.80) |
| Net Cash generated from Operating Activities (A) | 31,934.66 | 35,982.05 |
| B. Cash Flow from Investing Activities | ||
| Capital expenditure on property, plant and equipment | (10,960.36) | (4,695.17) |
| Proceeds from sale of property, plant and equipment | 9.28 | 7.82 |
| Investment in Associates | – | 7.82 |
| Purchase of non-current investments | (35,110.84) | (2,000.00) |
| Sale / Redemption of non-current investments | 25,856.30 | 1,835.12 |
| Proceeds / (Purchase) of current investments (Net) | (14,800.10) | (17,189.71) |
| Dividend received from subsidiary | 1,831.50 | 1,831.50 |
| Interest received | 8,671.05 | 7,532.35 |
| Net Cash used in Investing Activities (B) | (24,503.17) | (31,704.16) |
| C. Cash Flow from Financing Activities | ||
| Dividend paid | (3,988.02) | (1,638.19) |
| Payment of lease liabilities | (58.91) | (47.32) |
| Net Cash used in Financing Activities (C) | (4,046.93) | (1,685.51) |
| Net increase / (decrease) in Cash and Cash Equivalents (A+B+C) | 3,384.56 | 2,592.38 |
| Cash and cash equivalents at the beginning of the year | 3,850.62 | 1,258.24 |
| Cash and Cash Equivalents at the end of the year (Refer Note 10) | 7,235.18 | 3,850.62 |
| Cash and Cash Equivalents at the end of the year | 7,235.18 | 3,850.62 |
| Particulars | 2026 | 2025 |
|---|---|---|
| Opening Balance | 58.19 | 91.84 |
| Cash inflow / outflow | 58.91 | 47.32 |
| Non Cash Changes | 155.00 | 13.67 |
| Closing Balance | 154.28 | 58.19 |
| Sr. No. | Particulars | Quarter ended 31.03.2026 (Audited) | Quarter ended 31.12.2025 (Unaudited) | Quarter ended 31.03.2025 (Audited) | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| a. Revenue from operations | 45,825.76 | 35,963.17 | 36,366.76 | 1,52,995.67 | 1,42,021.36 | |
| b. Other income | 2,853.94 | 3,471.56 | 3,010.96 | 13,020.24 | 11,497.31 | |
| Total Income | 48,679.70 | 39,434.73 | 39,377.72 | 1,66,015.91 | 1,53,518.67 | |
| 2 | Expenses | |||||
| a. Employee benefits expense | 4,774.54 | 5,005.89 | 3,693.81 | 18,077.65 | 13,852.74 | |
| b. Depreciation and amortisation expense | 1,394.32 | 1,341.00 | 1,015.72 | 4,804.01 | 3,540.32 | |
| c. Finance cost | 170.27 | 190.86 | 123.10 | 669.57 | 402.06 | |
| d. Contribution to investor protection fund | 500.47 | 407.06 | 383.89 | 1,844.91 | 1,542.05 | |
| e. Other expenses | 30,159.52 | 19,814.20 | 23,162.80 | 89,633.67 | 89,076.85 | |
| Total Expenses | 36,999.12 | 26,759.01 | 28,379.32 | 1,15,029.81 | 1,08,414.02 | |
| 3 | Profit before Share of Profit/(Loss) of investment accounted for using equity method and tax (1 – 2) | 11,680.58 | 12,675.72 | 10,998.40 | 50,986.10 | 45,104.65 |
| 4 | Share of Profit/(Loss) of Associate | (126.30) | (128.80) | 77.89 | (431.43) | 239.64 |
| 5 | **Profit |