
About National Securities Depository Limited
Data last updated:
National Securities Depository Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 27 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74120MH2012PLC230380. Its GSTIN is 27AADCN9802F1ZG (Maharashtra). The company holds 11 GST registrations, all of them active. Its shares are listed on BSE: 544467.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹40 Cr. It was formerly known as Nsdl Depository Limited. It is led by directors including Vijay Kumar Chandok (Managing Director) and Ankit Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,529.96 Cr, a growth of 7.7% compared to the previous year. For the same year it recorded a net profit of ₹350.1 Cr (net margin 22.9%) and EBITDA of ₹430.08 Cr (EBITDA margin 28.1%). The net worth stands at ₹2,369.97 Cr (up 18.2% YoY). Total assets are valued at ₹2,412.02 Cr (up 19% YoY).
The company has about 408 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Bajaj Financial Securities and NSDL. Court records list 26 cases involving the company, including 5 filed by the company and 21 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nsdl.co.in.
CIN History of National Securities Depository Limited
National Securities Depository has one previous CIN (Corporate Identification Number): U74120MH2012PLC230380. The current CIN is L74120MH2012PLC230380, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74120MH2012PLC230380 | Current |
| U74120MH2012PLC230380 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address301 3rd Floor Naman Chambers G Block Plot No – C – 32, Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Brokerage & Trading Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with National Securities Depository Limited
National Securities Depository operates two associated brands: Bajaj Financial Securities and NSDL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides demat accounts, trading platforms, and IPO services for investors. | bajajfinservsecurities.in | |
| Securities depository and settlement service provider, facilitating the registration, transfer, and settlement of securities for investors, brokers, and other market participants | nsdl.co.in |
Business Activity of National Securities Depository Limited
The main business activity of National Securities Depository is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of National Securities Depository Limited FY 2025-26 filings available
National Securities Depository Limited reported revenue of ₹1,529.96 Cr (up 7.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,530 | 1,420 | 1,268 | 1,022 | 761 | 466 | 326 |
| Revenue growth | +7.7% | +12.0% | +24.1% | +34.3% | +63.4% | +42.8% | - |
| EBITDA | 430 | 375 | 284 | 250 | 239 | 206 | 123 |
| EBITDA margin | +28.1% | +26.4% | +22.4% | +24.5% | +31.4% | +44.2% | +37.7% |
| Profit before tax | 506 | 453 | 355 | 305 | 278 | 247 | 162 |
| Net profit | 350 | 318 | 262 | 230 | 206 | 188 | 125 |
| Net profit margin | +22.9% | +22.4% | +20.7% | +22.5% | +27.1% | +40.3% | +38.3% |
| EPS (₹) | 18.99 | 17.16 | 13.77 | 11.74 | 10.63 | 47.14 | 31.19 |
| Balance sheet | |||||||
| Total assets | 2,412 | 2,027 | 1,710 | 1,457 | 1,225 | 1,034 | 862 |
| Net worth | 2,370 | 2,005 | 1,684 | 1,429 | 1,212 | 1,019 | 847 |
| Total debt | 16.60 | 10.13 | 13.62 | 16.82 | 2.93 | 9.31 | 12.14 |
| Cash & bank | 508 | 374 | 240 | 382 | 369 | 384 | 103 |
| Net working capital | (652) | (391) | (191) | (139) | 32.71 | 65.35 | 0.55 |
| Cash flow | |||||||
| Cash from operations | 713 | 563 | 113 | 327 | 148 | 104 | 116 |
| Cash from investing | (619) | (502) | (173) | (375) | (64.32) | (35.55) | (118) |
| Cash from financing | (17.56) | (21.87) | (20.00) | (20.00) | (20.00) | (16.00) | (14.47) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 517 | 458 | 360 | 400 | 312 | 364 | 363 | 357 |
| Revenue growth (YoY) | +65.6% | +26.0% | -0.8% | +12.2% | -7.5% | - | - | - |
| Other income | 44.07 | 28.54 | 34.72 | 32.18 | 34.77 | 30.89 | 29.34 | 29.12 |
| EBITDA | 101 | 103 | 106 | 127 | 94.78 | 91.26 | 90.94 | 113 |
| EBITDA margin | +19.5% | +22.4% | +29.5% | +31.6% | +30.4% | +25.1% | +25.1% | +31.6% |
| Depreciation | 14.50 | 13.94 | 13.41 | 11.10 | 9.58 | 10.16 | 9.34 | 8.12 |
| Interest | 1.70 | 1.70 | 1.91 | 1.47 | 1.61 | 1.23 | 1.32 | 0.83 |
| Profit before tax | 129 | 116 | 125 | 146 | 118 | 111 | 110 | 133 |
| Tax | 30.54 | 25.22 | 35.79 | 35.80 | 28.72 | 27.46 | 23.82 | 36.88 |
| Net profit | 98.30 | 90.33 | 89.68 | 110 | 89.64 | 83.30 | 85.80 | 96.18 |
| EPS (₹) | 4.91 | 4.51 | 4.48 | 5.52 | 4.48 | 4.16 | 4.29 | 4.81 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 705 | 619 | 473 | 409 | 369 | 336 | 250 |
| Revenue growth | +13.9% | +30.8% | +15.6% | +10.8% | +10.0% | +34.5% | - |
| EBITDA | 378 | 331 | 242 | 206 | 189 | 181 | 102 |
| EBITDA margin | +53.6% | +53.4% | +51.1% | +50.3% | +51.3% | +53.8% | +40.8% |
| Profit before tax | 478 | 422 | 328 | 272 | 236 | 226 | 138 |
| Net profit | 332 | 300 | 247 | 207 | 178 | 176 | 108 |
| Net profit margin | +47.1% | +48.5% | +52.2% | +50.5% | +48.3% | +52.5% | +43.4% |
| EPS (₹) | 18.03 | 16.08 | 12.90 | 10.54 | 9.18 | 44.03 | 27.10 |
| Balance sheet | |||||||
| Total assets | 2,138 | 1,814 | 1,515 | 1,278 | 1,085 | 922 | 761 |
| Net worth | 2,128 | 1,808 | 1,509 | 1,272 | 1,080 | 918 | 757 |
| Total debt | 1.54 | 0.58 | 0.92 | 1.19 | 0.70 | 1.15 | 1.31 |
| Cash & bank | 261 | 220 | 136 | 185 | 164 | 175 | 15.93 |
| Net working capital | (226) | (208) | (120) | (88.90) | (50.82) | (33.62) | (66.71) |
| Cash flow | |||||||
| Cash from operations | 319 | 360 | 170 | 333 | 118 | (13.30) | 86.10 |
| Cash from investing | (245) | (317) | (151) | (321) | (87.11) | 28.73 | (98.95) |
| Cash from financing | (40.47) | (16.86) | (20.00) | (20.00) | (20.00) | (16.00) | (14.47) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 182 | 171 | 169 | 204 | 161 | 167 | 148 | 169 |
| Revenue growth (YoY) | +13.2% | +2.4% | +14.0% | +20.7% | +19.5% | - | - | - |
| Other income | 37.50 | 24.83 | 29.71 | 46.40 | 29.49 | 25.36 | 23.95 | 41.65 |
| Total expenses | 92.78 | 83.61 | 78.50 | 89.90 | 75.17 | 83.65 | 67.47 | 71.18 |
| EBITDA | 89.38 | 87.00 | 90.49 | 114 | 85.79 | 82.89 | 80.82 | 97.95 |
| EBITDA margin | +49.1% | +51.0% | +53.5% | +56.0% | +53.3% | +49.8% | +54.5% | +57.9% |
| Depreciation | 9.55 | 8.90 | 8.41 | 6.50 | 5.74 | 6.48 | 5.66 | 4.59 |
| Interest | 0.03 | 0.04 | 0.04 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 117 | 103 | 112 | 154 | 110 | 102 | 99.09 | 135 |
| Tax | 28.16 | 23.20 | 33.86 | 33.73 | 26.89 | 25.99 | 21.61 | 33.21 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 517 | 458 | 360 | 400 | 312 | 364 | 363 | 357 |
| Revenue growth (YoY) | +65.6% | +26.0% | -0.8% | +12.2% | -7.5% | - | - | - |
| Other income | 44.07 | 28.54 | 34.72 | 32.18 | 34.77 | 30.89 | 29.34 | 29.12 |
| EBITDA | 101 | 103 | 106 | 127 | 94.78 | 91.26 | 90.94 | 113 |
| EBITDA margin | +19.5% | +22.4% | +29.5% | +31.6% | +30.4% | +25.1% | +25.1% | +31.6% |
| Depreciation | 14.50 | 13.94 | 13.41 | 11.10 | 9.58 | 10.16 | 9.34 | 8.12 |
| Interest | 1.70 | 1.70 | 1.91 | 1.47 | 1.61 | 1.23 | 1.32 | 0.83 |
| Profit before tax | 129 | 116 | 125 | 146 | 118 | 111 | 110 | 133 |
| Tax | 30.54 | 25.22 | 35.79 | 35.80 | 28.72 | 27.46 | 23.82 | 36.88 |
| Net profit | 98.30 | 90.33 | 89.68 | 110 | 89.64 | 83.30 | 85.80 | 96.18 |
| EPS (₹) | 4.91 | 4.51 | 4.48 | 5.52 | 4.48 | 4.16 | 4.29 | 4.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,530 | 1,420 | 1,268 | 1,022 | 761 | 466 | 326 |
| Revenue growth | +7.7% | +12.0% | +24.1% | +34.3% | +63.4% | +42.8% | - |
| Other income | 130 | 117 | 97.46 | 77.83 | 60.18 | 58.55 | 53.28 |
| Total expenses | 1,100 | 1,045 | 985 | 772 | 522 | 260 | 203 |
| Employee cost | 181 | 139 | 123 | 110 | 104 | 88.06 | 73.44 |
| EBITDA | 430 | 375 | 284 | 250 | 239 | 206 | 123 |
| EBITDA margin | +28.1% | +26.4% | +22.4% | +24.5% | +31.4% | +44.2% | +37.7% |
| Depreciation | 48.04 | 35.40 | 24.12 | 21.69 | 18.93 | 17.02 | 12.83 |
| Interest | 6.70 | 4.02 | 2.06 | 1.52 | 2.18 | 0.86 | 1.10 |
| Profit before tax | 506 | 453 | 355 | 305 | 278 | 247 | 162 |
| Tax | 126 | 110 | 79.51 | 70.23 | 65.61 | 58.01 | 37.46 |
| Net profit | 350 | 318 | 262 | 230 | 206 | 188 | 125 |
| Net profit margin | +22.9% | +22.4% | +20.7% | +22.5% | +27.1% | +40.3% | +38.3% |
| EPS (₹) | 18.99 | 17.16 | 13.77 | 11.74 | 10.63 | 47.14 | 31.19 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 |
| Reserves & surplus | 2,330 | 1,965 | 1,644 | 1,389 | 1,172 | 979 | 807 |
| Shareholders' funds (net worth) | 2,370 | 2,005 | 1,684 | 1,429 | 1,212 | 1,019 | 847 |
| Minority interest | 9.59 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 16.60 | 10.13 | 13.62 | 16.82 | 2.93 | 9.31 | 12.14 |
| Total debt | 16.60 | 10.13 | 13.62 | 16.82 | 2.93 | 9.31 | 12.14 |
| Total liabilities | 2,412 | 2,027 | 1,710 | 1,457 | 1,225 | 1,034 | 862 |
| Assets | |||||||
| Gross block | 717 | 588 | 525 | 280 | 254 | 297 | 268 |
| Net block | 408 | 322 | 289 | 68.30 | 53.28 | 66.50 | 54.27 |
| Capital work in progress | 16.32 | 21.52 | 12.91 | 5.10 | 3.31 | 16.87 | 10.67 |
| Investments | 2,559 | 1,996 | 1,494 | 1,457 | 930 | 728 | 764 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 171 | 130 | 83.14 | 85.63 | 102 | 109 | 81.28 |
| Cash & bank balances | 508 | 374 | 240 | 382 | 369 | 384 | 103 |
| Loans & advances | 66.28 | 62.84 | 33.68 | 30.17 | 29.30 | 36.76 | 20.28 |
| Total current assets | 745 | 567 | 357 | 498 | 500 | 529 | 205 |
| Total current liabilities | 1,398 | 958 | 548 | 636 | 468 | 464 | 204 |
| Net working capital | (652) | (391) | (191) | (139) | 32.71 | 65.35 | 0.55 |
| Total assets | 2,412 | 2,027 | 1,710 | 1,457 | 1,225 | 1,034 | 862 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 145 | 106 | 186 | 144 | 81.13 | 29.14 | 46.01 |
| Net cash from operating activities | 713 | 563 | 113 | 327 | 148 | 104 | 116 |
| Net cash from investing activities | (619) | (502) | (173) | (375) | (64.32) | (35.55) | (118) |
| Net cash from financing activities | (17.56) | (21.87) | (20.00) | (20.00) | (20.00) | (16.00) | (14.47) |
| Net change in cash | 76.86 | 39.15 | (79.68) | (67.80) | 63.33 | 51.99 | (16.88) |
| Closing cash | 508 | 374 | 240 | 382 | 369 | 384 | 103 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.7% | +12.0% | +24.1% | +34.3% | +63.4% | +42.8% | - |
| EBITDA growth | +14.5% | +32.4% | +13.3% | +4.7% | +16.1% | +67.6% | - |
| PBT growth | +11.5% | +27.8% | +16.4% | +9.7% | +12.8% | +52.0% | +9997.0% |
| Net income growth | +10.0% | +21.5% | +13.9% | +11.4% | +9.9% | +50.6% | - |
| Revenue CAGR (3Y) | +14.4% | +23.1% | +39.6% | +46.4% | - | - | - |
| EBITDA CAGR (3Y) | +19.8% | +16.2% | +11.3% | +26.8% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +24.8% | +24.2% | +21.7% | +23.0% | +27.9% | +40.5% | +38.3% |
| Return on capital employed | +23.1% | +24.5% | +22.6% | +22.9% | +24.8% | +26.1% | +18.9% |
| Return on net worth | +17.4% | +18.6% | +17.7% | +17.8% | +19.1% | +20.2% | +14.7% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 |
| Interest cover | 1.75 | 1.18 | 0.79 | 0.66 | 0.99 | 0.46 | 1.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.34 | 2.55 | 3.15 | 3.83 | 2.76 | 1.65 | 1.22 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 10.16 | 13.33 | 15.03 | 10.88 | 7.21 | 4.90 | 4.01 |
| EPS (₹) | 18.99 | 17.16 | 13.77 | 11.74 | 10.63 | 47.14 | 31.19 |
| Dividend per share (₹) | 4.00 | 2.00 | 1.00 | 1.00 | 5.00 | 5.00 | 4.00 |
| Book value per share (₹) | 118.50 | 100.27 | 84.20 | 71.44 | 60.58 | 254.82 | 211.69 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 182 | 171 | 169 | 204 | 161 | 167 | 148 | 169 |
| Revenue growth (YoY) | +13.2% | +2.4% | +14.0% | +20.7% | +19.5% | - | - | - |
| Other income | 37.50 | 24.83 | 29.71 | 46.40 | 29.49 | 25.36 | 23.95 | 41.65 |
| Total expenses | 92.78 | 83.61 | 78.50 | 89.90 | 75.17 | 83.65 | 67.47 | 71.18 |
| EBITDA | 89.38 | 87.00 | 90.49 | 114 | 85.79 | 82.89 | 80.82 | 97.95 |
| EBITDA margin | +49.1% | +51.0% | +53.5% | +56.0% | +53.3% | +49.8% | +54.5% | +57.9% |
| Depreciation | 9.55 | 8.90 | 8.41 | 6.50 | 5.74 | 6.48 | 5.66 | 4.59 |
| Interest | 0.03 | 0.04 | 0.04 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 117 | 103 | 112 | 154 | 110 | 102 | 99.09 | 135 |
| Tax | 28.16 | 23.20 | 33.86 | 33.73 | 26.89 | 25.99 | 21.61 | 33.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 705 | 619 | 473 | 409 | 369 | 336 | 250 |
| Revenue growth | +13.9% | +30.8% | +15.6% | +10.8% | +10.0% | +34.5% | - |
| Other income | 130 | 113 | 98.05 | 76.34 | 58.04 | 53.12 | 40.87 |
| Total expenses | 327 | 288 | 231 | 203 | 180 | 155 | 148 |
| Employee cost | 117 | 87.79 | 81.59 | 73.88 | 69.08 | 64.88 | 57.39 |
| EBITDA | 378 | 331 | 242 | 206 | 189 | 181 | 102 |
| EBITDA margin | +53.6% | +53.4% | +51.1% | +50.3% | +51.3% | +53.8% | +40.8% |
| Depreciation | 29.55 | 21.12 | 12.35 | 10.34 | 9.98 | 7.43 | 4.76 |
| Interest | 0.13 | 0.07 | 0.10 | 0.10 | 1.61 | 0.11 | 0.14 |
| Profit before tax | 478 | 422 | 328 | 272 | 236 | 226 | 138 |
| Tax | 118 | 101 | 69.44 | 60.86 | 52.20 | 50.02 | 29.40 |
| Net profit | 332 | 300 | 247 | 207 | 178 | 176 | 108 |
| Net profit margin | +47.1% | +48.5% | +52.2% | +50.5% | +48.3% | +52.5% | +43.4% |
| EPS (₹) | 18.03 | 16.08 | 12.90 | 10.54 | 9.18 | 44.03 | 27.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 |
| Reserves & surplus | 2,088 | 1,768 | 1,469 | 1,232 | 1,040 | 878 | 717 |
| Shareholders' funds (net worth) | 2,128 | 1,808 | 1,509 | 1,272 | 1,080 | 918 | 757 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 1.54 | 0.58 | 0.92 | 1.19 | 0.70 | 1.15 | 1.31 |
| Total debt | 1.54 | 0.58 | 0.92 | 1.19 | 0.70 | 1.15 | 1.31 |
| Total liabilities | - | - | 1,515 | 1,278 | 1,085 | 922 | 761 |
| Assets | |||||||
| Gross block | 582 | 481 | 432 | 206 | 197 | 230 | 211 |
| Net block | 351 | 280 | 248 | 33.45 | 34.51 | 34.65 | 22.38 |
| Capital work in progress | 12.72 | 6.24 | 9.04 | 3.04 | 0.00 | 6.52 | 0.00 |
| Investments | 1,954 | 1,690 | 1,309 | 1,287 | 918 | 783 | 777 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 108 | 92.49 | 61.09 | 70.18 | 88.13 | 101 | 74.50 |
| Cash & bank balances | 261 | 220 | 136 | 185 | 164 | 175 | 15.93 |
| Loans & advances | 34.78 | 31.22 | 15.39 | 13.82 | 17.24 | 20.29 | 11.20 |
| Total current assets | 404 | 343 | 212 | 269 | 270 | 297 | 102 |
| Total current liabilities | 630 | 551 | 332 | 358 | 320 | 330 | 168 |
| Net working capital | (226) | (208) | (120) | (88.90) | (50.82) | (33.62) | (66.71) |
| Total assets | 2,138 | 1,814 | 1,515 | 1,278 | 1,085 | 922 | 761 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 38.51 | 12.58 | 13.71 | 21.32 | 10.14 | 10.71 | 38.03 |
| Net cash from operating activities | 319 | 360 | 170 | 333 | 118 | (13.30) | 86.10 |
| Net cash from investing activities | (245) | (317) | (151) | (321) | (87.11) | 28.73 | (98.95) |
| Net cash from financing activities | (40.47) | (16.86) | (20.00) | (20.00) | (20.00) | (16.00) | (14.47) |
| Net change in cash | 33.85 | 25.92 | (1.12) | (7.62) | 11.18 | (0.57) | (27.32) |
| Closing cash | 261 | 220 | 136 | 185 | 164 | 175 | 15.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.9% | +30.8% | +15.6% | +10.8% | +10.0% | +34.5% | - |
| EBITDA growth | +14.2% | +36.6% | +17.6% | +8.7% | +4.9% | +77.3% | - |
| PBT growth | +13.3% | +28.9% | +20.6% | +15.2% | +4.3% | +64.1% | +9997.0% |
| Net income growth | +10.6% | +21.6% | +19.5% | +15.9% | +1.1% | +62.6% | - |
| Revenue CAGR (3Y) | +19.9% | +18.8% | +12.1% | +17.9% | - | - | - |
| EBITDA CAGR (3Y) | +22.4% | +20.4% | +10.2% | +26.4% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +51.2% | +52.0% | +54.6% | +51.5% | +49.7% | +52.5% | +43.4% |
| Return on capital employed | +24.2% | +25.4% | +23.5% | +23.0% | +23.7% | +26.9% | +19.4% |
| Return on net worth | +18.3% | +19.4% | +18.6% | +17.9% | +18.4% | +21.0% | +15.3% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.04 | 0.02 | 0.04 | 0.05 | 0.90 | 0.06 | 0.14 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.32 | 1.35 | 1.48 | 2.03 | 1.73 | 1.52 | 1.21 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 7.04 | 8.06 | 7.21 | 5.17 | 3.90 | 3.82 | 3.58 |
| EPS (₹) | 18.03 | 16.08 | 12.90 | 10.54 | 9.18 | 44.03 | 27.10 |
| Dividend per share (₹) | 4.00 | 2.00 | 1.00 | 1.00 | 5.00 | 5.00 | 4.00 |
| Book value per share (₹) | 106.42 | 90.42 | 75.43 | 63.58 | 54.02 | 229.43 | 189.31 |
Board of Directors of National Securities Depository Limited
National Securities Depository has 10 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parveen Kumar Gupta Also directs: 63 Moons Technologies Limited, India Shelter Finance Corporation Limited, Utkarsh Small Finance Bank Limited and 4 more | Director | 06 Sep 2022 | 4 Years 1 Months | Current |
| Shashank Saksena | Director | 06 Feb 2026 | 0 Years 8 Months | Current |
| Sanjay Panicker | Director | 01 Jan 2025 | 1 Years 9 Months | Current |
| Vijay Kumar Chandok | Managing Director | 28 Nov 2024 | 1 Years 10 Months | Current |
| Kumar Sripriya | Director | 23 May 2024 | 2 Years 4 Months | Current |
| Rajat Moona Also directs: Gujarat Urja Vikas Nigam Limited, Digital Identity Standards Association, Airawat Research Foundation and 5 more | Director | 09 Jan 2024 | 2 Years 9 Months | Current |
Peer Comparison of National Securities Depository Limited
National Securities Depository Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anand Rathi Financial Services Limited | ₹1,836.08 Cr (FY 2025) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
| Bigway Marketing Private Limited | ₹1,812.94 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Delhi, India |
| Morgan Stanley India Company Private Limited | ₹1,796.59 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Mumbai, Maharashtra, India |
| Axis Securities Limited | ₹1,657.73 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
| SMC Global Securities Limited Listed | ₹1,644.59 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Delhi, India |
| Abans Fintrade Private Limited | ₹1,530.96 Cr (FY 2025) | •••• | •••• | 496.0% | •••• | Mumbai, Maharashtra, India |
| National Securities Depository Limited this company | ₹1,529.96 Cr (FY 2026) | •••• | •••• | 7.7% | •••• | Mumbai, Maharashtra, India |
| Ratanchand Investment Private Limited | ₹1,503.05 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| B R Jalan Securities Private Limited | ₹1,480.76 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Mumbai, Maharashtra, India |
| Share India Securities Limited. Listed | ₹1,469.5 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Gandhinagar, Gujarat, India |
| Shorya Trading Company Private Limited | ₹1,433.04 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Karnal, Haryana, India |
Peers are the five companies nearest above and the five nearest below National Securities Depository by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of National Securities Depository Limited
National Securities Depository Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of National Securities Depository Limited
National Securities Depository Limited has 26 court cases on record: 5 filed by National Securities Depository, 21 filed against it. 4 cases are pending and 22 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 11 | 2 |
| District courts | 10 | 9 | 2 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Kirloskar Systems Private Limited | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Automark Industries (India) Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by HDFC Bank Limited | Disposed |
| NCLAT, New Delhi | Company appeal | Filed against the company by Loancore Servicing Solutions Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
Full case history
All 26 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by National Securities Depository Limited
National Securities Depository Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 48 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Remiges Technologies Private Limited | •••• | •••• | •••• |
| Qualitykiosk Technologies Private Limited | •••• | •••• | •••• |
| Forecast Advertising Private Limited | •••• | •••• | •••• |
| Nitin Fire Protection Industries Limited | •••• | •••• | •••• |
| Space Office Systems (India) Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at National Securities Depository Limited
Employment history and EPFO contributions of people linked to National Securities Depository.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on National Securities Depository Limited
National Securities Depository Limited has 38 board changes on record since 2013: 10 appointments and 28 cessations. The latest: Ankit Sharma was appointed as Whole-Time Director on 21 Sep 2026.
29 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for National Securities Depository Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of National Securities Depository Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of National Securities Depository Limited
National Securities Depository has 11 GST registrations: 11 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN9802F1ZG | Maharashtra | Active | 01 Jul 2017 |
| 07AADCN9802F1ZI | Delhi | Active | 03 Jul 2019 |
| 19AADCN9802F1ZD | West Bengal | Active | 03 Jul 2019 |
| 32AADCN9802F1ZP | Kerala | Active | 03 Jul 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of National Securities Depository Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about National Securities Depository Limited
Frequently Asked Questions about National Securities Depository Limited
National Securities Depository is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 27 April 2012 (14+ years old) and is registered under CIN L74120MH2012PLC230380. Listed on BSE: 544467.
National Securities Depository reported revenue of ₹1,529.96 Cr for FY 2025-26 (up 7.7% YoY) based on consolidated financials.
National Securities Depository has 10 current directors:
- Vijay Kumar Chandok - Managing Director
- Ankit Sharma - Whole-Time Director
- Subhash Manohar Kelkar - Whole-Time Director
- Parveen Kumar Gupta - Director
- Shashank Saksena - Director
- Sanjay Panicker - Director
- Kumar Sripriya - Director
- Rajat Moona - Director
- Krishnan Sriram - Director
- Arun Kumar Panda - Director
The GSTIN of National Securities Depository is 27AADCN9802F1ZG, registered in Maharashtra. The company has 11 GST registrations in all, of which 11 are active. Other active GSTINs include 07AADCN9802F1ZI (Delhi), 19AADCN9802F1ZD (West Bengal), 32AADCN9802F1ZP (Kerala).
The CIN (Corporate Identification Number) of National Securities Depository is L74120MH2012PLC230380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. National Securities Depository is listed on BSE with code 544467.
National Securities Depository has 26 court cases on record: 5 filed by the company and 21 filed against it. 4 are pending. Most are in the high courts.
National Securities Depository was incorporated on 27 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of National Securities Depository by revenue are Anand Rathi Financial Services Limited, Bigway Marketing Private Limited, Morgan Stanley India Company Private Limited, Axis Securities Limited, SMC Global Securities Limited and 5 more, all in the BFSI industry (Broking Services).
Ankit Sharma was appointed as Whole-Time Director on 21 Sep 2026. Arun Kumar Panda was appointed as Director on 03 Sep 2026. Subhash Manohar Kelkar was appointed as Whole-Time Director on 02 Jul 2026. National Securities Depository has 38 board changes on record in total.
National Securities Depository has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 48 overdue payments to 10 micro and small suppliers. The latest return was filed on 16 Nov 2019.
National Securities Depository can be reached through the website nsdl.co.in. Its registered office is in Mumbai, Maharashtra, India.