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NATIONAL SECURITIES DEPOSITORY LIMITED

  • https://nsdl.co.in/
  • Sector: Capital Market
  • CHRYSEUM SCORE: 7.50/10.00
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    NATIONAL SECURITIES DEPOSITORY LIMITED

    • Sector: Capital Market
    • CHRYSEUM SCORE: 7.50/10.00

    Description: National Securities Depository Limited is an Indian central securities depository based in Mumbai.

    Evaluation is basis the latest financial year disclosures filed by the company

    Valuation

    Max Score: 3.50

    P/E of Company

    67.54

    AVG P/E of Key Peer/s

    57.93

    Valuation Score

    1.00

    The Valuation Score depicts if the company is available at a discount when compared to its listed/unlisted peers. Higher the discount, more is the score given to the company.

    Growth

    Max Score: 3.50

    Sales Growth

    23.11%

    PAT Growth

    17.30%

    ROE

    17.11%

    Growth Score

    3.50

    The Growth Score accounts for the growth in Sales and PAT on a 3 year CAGR basis and the Company’s ROE as per the latest financial year results released by the company.

    Leverage

    Max Score: 1.50

    Debt / Equity

    0.00

    AVG Industry Debt / Equity

    0.00

    Leverage Score

    1.50

    Lower the Debt/Equity, higher the score.

    Management Quality

    Max Score: 1.50

    Board Structure & Composition

    1.00

    Related Party Transactions

    1.00

    Timely Disclosure

    1.00

    Management Score

    1.50

    This score represents a consolidated view of the Company’s Management Quality, which includes Board Structure, Related Party Transactions and Timely disclosures. Each parameter is scored out of 1.

₹1066.00 -24.00 (-2.20%)

As on 05 Dec, 2025
L 825.00 52 Week Range H 1342.00
Company Description : It is one of the largest depository in the world that handles most of the securities held and settled in dematerialized form in the Indian capital market.
Company Overview
  • Name of Company NATIONAL SECURITIES DEPOSITORY LIMITED
  • Sector Capital Market
  • ISIN INE301O01023
  • Scrip Code NSDL
  • CIN U74120MH2012PLC230380
  • Pan No AADCN9802F
  • Face Value 2
  • Price ₹ 1066.00
  • No. of Shares outstanding 20.00 Cr.
  • Market Cap ₹ 21,320.00 Cr
Financials
  • Revenue from operations ₹ 1,420.14 Cr.
  • EBITDA ₹ 490.53 Cr.
  • EBITDA Margin % 34.54%
  • Profit After Tax ₹ 343.12 Cr.
  • PAT Margin % 22.35%
  • EPS 17.16
  • Stock P/E 62.12
  • Book Value Per Share 100.27
  • P/B 10.63
  • Debt/Equity 0.00
Other Key Statistics
  • 52 week High/Low 1342.00/825.00
  • Dividend Per Share 1.00
  • Dividend Yield 0.09%
  • Sales Growth - 3 years 23.11%
  • EBITDA Growth - 3 years 17.72%
  • PAT Growth - 3 years 17.30%
  • EPS Growth - 3 years 17.31%
  • ROE 17.11%
  • ROCE 22.51%
  • Cash Equivalents 145.15
All figures below are in INR Crores unless otherwise stated

Peer Comparison

Key Financials - FY25
Company Name NSDL CDSL
Listing Status Unlisted Listed
Revenue from Operations 1,420.14 1,082.20
Total Income 1,535.18 1,199.28
Finance Cost 4.09 0.10
Depreciation & Amortization 35.40 48.98
Total Expenses 1,084.14 507.01
EBITDA 490.53 741.35
PAT 343.12 526.32
No. of Shares Outstanding 20.00 20.90
EPS (in ₹) 17.16 25.18
Share Capital 40.00 209.00
Total Net Worth 2,005.34 1,803.86
Total Assets 2,984.83 2,162.13
Total Debt 0.00 0.00
Key Metrics:
CMP* 1,066.00 1,550.60
Market Cap (In Cr.) 21,320.00 32,407.54
Market Cap/Sales 13.89 27.02
EPS (Earnings Per Share) 17.16 25.18
BVPS (Book Value Per Share) 100.27 86.31
P/E 62.12 61.58
P/BV 10.63 17.97
EBITDA Margin 34.54% 68.50%
ROE 17.11% 29.18%
ROA 11.50% 24.34%
*Market Price in ₹ as on 05 Dec, 2025

Profit Loss

FY25 FY24 FY23 FY22 FY21
Revenue from operations 1,420.14 1,268.24 1,021.98 761.11 465.75
Y-o-Y Revenue Growth 11.98% 24.10% 34.27% 63.42% 42.84%
Other Income 115.04 97.46 77.83 60.18 58.55
Total Income 1,535.18 1,365.70 1,099.81 821.29 524.30
Total Expenses (Excludes Interest and Depreciation) 1,044.65 983.21 766.73 520.58 259.84
Operating Profit (After deducting Depreciation) 340.09 260.91 233.56 221.60 188.89
OPM % 23.95 20.57 22.85 29.12 40.56
EBITDA 490.53 382.49 333.08 300.71 264.46
Depreciation 35.40 24.12 21.69 18.93 17.02
EBIT 455.13 358.37 311.39 281.78 247.44
Interest 4.09 2.06 1.52 2.18 0.86
EBT before Exceptional Items 451.04 356.31 309.87 279.60 246.58
Prior period/Exceptional /Extra Ordinary Items 2.39 1.36 4.84 1.41 0.00
Profit before tax/EBT 448.65 354.95 305.03 278.19 246.58
Tax 110.31 79.51 70.23 65.61 58.02
Net Profit 343.12 275.44 234.80 212.58 188.56
Profit (loss) of minority interest 0.00 0.00 0.00 0.00 0.00
Total profit (loss) for period 343.12 275.44 234.80 212.58 188.56
EPS in Rs 17.16 13.77 11.74 10.63 9.43
EPS Change % 24.57% 17.31% 10.44% 12.73% 51.12%
EBITDA Change % 28.25% 14.83% 10.76% 13.71% 50.14%
Profit growth 24.57% 17.31% 10.45% 12.74% 51.14%
ROCE 22.51% 21.00% 21.42% 23.03% 24.00%
ROE 17.11% 16.36% 16.43% 17.55% 18.50%
Debt / Equity Ratio 0.00 0.00 0.00 0.00 0.00
Sales growth 3Years 23.11% 18.55%
Sales growth 5Years 34.22% 31.21%
Dividend per share 1.00 1.00 1.00 5.00

Balance Sheet

FY25 FY24 FY23 FY22 FY21
Share Capital 40.00 40.00 40.00 40.00 40.00
Reserves 1,965.34 1,644.10 1,388.86 1,171.62 979.30
Total shareholders' funds 2,005.34 1,684.10 1,428.86 1,211.62 1,019.30
Borrowings 0.00 0.00 0.00 0.00 0.00
Other Liabilities 829.70 444.34 544.96 424.84 413.10
Total Liabilities 979.49 573.64 664.61 481.13 479.45
Fixed Assets 275.05 266.58 49.50 35.33 41.46
Capital WIP 14.82 0.41 0.24 0.00 0.00
Investments 1,312.36 1,493.50 1,456.72 929.64 728.41
Other Assets 65.10 122.29 80.33 228.73 189.43
Total Assets 2,984.83 2,257.74 2,093.47 1,692.75 1,498.75
Cash Equivalents 145.15 240.47 381.99 368.85 383.90
Total Current liability 962.54 551.57 639.74 469.24 467.60
Total Assets -Total Current liabilty 2,022.29 1,706.17 1,453.73 1,223.51 1,031.15

Cash Flow

FY25 FY24 FY23 FY22 FY21
Net Cash from / (used in) Operating Activity 557.84 112.88 327.00 147.65 103.54
Net Cash from / (used in) Investing Activity -502.31 -172.57 -374.80 -64.32 -35.55
Net Cash from / (used in) Financing Activity -16.38 -20.00 -20.00 -20.00 -16.00
Net Inc/Dec In Cash And Cash Equivalents 39.14 -79.68 -67.80 63.33 51.99

Share Holding Pattern

No. of Shares in Crs. % Holding
Promoters 0.00 0%
Non Promoters 20.00 100%

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