NSDL standalone delivers 15.4% growth in total income in Q3FY26 YoY

Key Highlights

• The total income increased from Rs.172.2 cr (Q3FY25) to Rs.198.7 cr (Q3FY26) registering a growth of 15.4%
• The net profit after tax grew marginally by 0.5% from Rs.77.5 cr (Q3FY25) to Rs.77.9 cr (Q3FY26).
• Net Beneficiary Owner (BO) market share increased from 8.84% in 9M FY 2025 to 15.89% in 9M FY 26.
• Net BO market share increase from 6.9% Q3 FY25 to 14.7% in Q3FY26 to 4.32 cr as of December 31, 2025. We have added 13 lakhs net BO accounts for Q3 FY26.
• Market share increased in unlisted market as the number of companies admitted in Q3FY26 stood at 4,446, with overall market share 72.5% (equity) compared with Q3 FY 25 at 71.4%.
• As of December 2025, our market share by total demat custody value stood at 86.2% of which market share of individual and HUF stands at 66.5%.
• No. of Depository Participants (DP) – 300 and DP service centres – 56,858 as of December 31, 2025.
• The Company has implemented the provisions of the new labour law, i.e., the Code on Social Security, 2020, and has recognized its impact of Rs 0.61 cr on standalone basis and Rs 1.95 cr on consolidated basis during Q3 FY26.
• Protean eGov Technologies Ltd. has acquired a 4.95% stake in one of our subsidiary NSDL Payments Bank Ltd for Rs 30.2 crore, aiming to boost its digital financial services, enhance fintech capabilities, and strengthen its role in India’s digital public infrastructure. The Bank as of December 2025, has crossed Rs 475 cr of deposit balance with 37.5 lakhs depositors as on this date.

Mumbai : NSDL announced its unaudited consolidated and standalone financial results for the quarter ended December 31, 2025.

Financial Performance Highlights:

(All amounts in Rs. Cr)