National Securities Depository Limited (NSDL) has announced its participation in the ICICI Securities Annual Investor Conference scheduled for February 03-04, 2026. The company has formally notified BSE Limited about this investor engagement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Details

The investor meeting will be conducted in a physical format in Singapore over two days. NSDL's participation in this conference represents part of its ongoing investor relations activities and compliance with regulatory disclosure requirements.

Regulatory Compliance

The notification was filed by Company Secretary & Compliance Officer Alen Ferns under his membership number A30633. The communication was digitally signed and submitted on January 29, 2026, ensuring proper regulatory compliance and transparency.

Schedule Flexibility

NSDL has indicated that the conference schedule may undergo changes due to exigencies on the part of analysts, investors, or the company. In case of any schedule revisions, the company has committed to communicate the same to the stock exchange, maintaining transparency in its investor engagement process.

The complete information regarding this investor meeting is also available on the company's official website at nsdl.co.in, providing stakeholders with easy access to relevant details.

National Securities Depository Limited (NSDL) announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The depository services provider demonstrated steady performance with modest growth in profitability and robust revenue expansion during the third quarter of FY26.

Financial Performance Overview

The company's financial metrics for Q3FY26 showed mixed results with revenue growth offset by margin pressures. NSDL's operational efficiency remained stable despite increased expenses across multiple categories.

Revenue and Income Analysis

NSDL achieved strong revenue growth of 13.96% year-on-year in Q3FY26, with revenue from operations reaching ₹16,898.88 lakhs compared to ₹14,828.55 lakhs in Q3FY25. However, the company experienced a sequential decline from ₹20,416.06 lakhs in Q2FY26. Other income contributed significantly to overall performance, growing 24.04% to ₹2,970.57 lakhs.

For the nine-month period, revenue from operations demonstrated consistent growth of 18.14%, reaching ₹53,410.73 lakhs compared to ₹45,208.44 lakhs in the corresponding period last year.

Expense Management and Profitability

Total expenses for Q3FY26 increased to ₹8,695.56 lakhs from ₹7,314.53 lakhs in Q3FY25, representing an 18.88% rise. The major expense components showed varying trends:

Employee benefits expense witnessed the highest increase of 49.84%, reaching ₹3,170.03 lakhs, partly due to additional provisions of ₹60.83 lakhs towards gratuity following the implementation of new Labour Codes by the Government of India on November 21, 2025.

Tax Provisions and Legal Matters

The company's tax expenses for Q3FY26 totaled ₹3,385.81 lakhs, including ₹756.20 lakhs for earlier years' taxes. This compares to ₹2,161.10 lakhs in Q3FY25. The increase reflects both higher current tax provisions and adjustments for previous years.

NSDL continues to face legal proceedings related to the Karvy Stock Broking Limited matter. The company has filed civil appeals before the Supreme Court challenging the Securities Appellate Tribunal order dated December 20, 2023. The Supreme Court has directed maintenance of status quo, and management believes the company has a strong case on merits, requiring no provision in the books.

Earnings Per Share and Capital Structure

Basic and diluted earnings per share for Q3FY26 stood at ₹3.89 compared to ₹3.87 in Q3FY25. For the nine-month period, EPS increased to ₹14.05 from ₹12.29 in the corresponding period last year. The company maintained its paid-up equity share capital at ₹4,000.00 lakhs with a face value of ₹2 per share.

Consolidated Performance

On a consolidated basis, NSDL reported net profit after tax of ₹8,967.67 lakhs for Q3FY26 compared to ₹8,580.40 lakhs in Q3FY25, representing a 4.51% increase. Consolidated revenue from operations reached ₹35,963.17 lakhs, reflecting the contribution from subsidiaries NSDL Database Management Limited and NSDL Payments Bank Limited, along with the associate India International Bullion Holding IFSC Limited.