Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of National Securities Depository Ltd
Quarter-by-quarter operating performance
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 337 | 357 | 363 | 364 | 312 | 400 | 360 | 458 |
| Expenses + | 257 | 244 | 272 | 272 | 217 | 273 | 254 | 356 |
| Operating Profit | 80 | 113 | 91 | 91 | 95 | 127 | 106 | 103 |
| OPM % | 24% | 32% | 25% | 25% | 30% | 32% | 29% | 22% |
| Other Income + | 28 | 29 | 29 | 31 | 35 | 32 | 35 | 29 |
| Interest | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 2 |
| Depreciation | 8 | 8 | 9 | 10 | 10 | 11 | 13 | 14 |
| Profit before tax | 100 | 133 | 110 | 111 | 118 | 146 | 125 | 116 |
| Tax % | 22% | 28% | 22% | 25% | 24% | 24% | 29% | 22% |
| Net Profit + | 78 | 96 | 86 | 83 | 90 | 110 | 90 | 90 |
| EPS in Rs | 3.89 | 4.81 | 4.29 | 4.16 | 4.48 | 5.52 | 4.48 | 4.51 |
Financials of National Securities Depository Ltd
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 326 | 466 | 761 | 1,022 | 1,268 | 1,420 | 1,530 |
| Expenses + | 203 | 259 | 522 | 771 | 985 | 1,045 | 1,100 |
| Operating Profit | 123 | 207 | 239 | 251 | 284 | 376 | 430 |
| OPM % | 38% | 44% | 31% | 25% | 22% | 26% | 28% |
| Other Income + | 53 | 58 | 60 | 77 | 97 | 117 | 130 |
| Interest | 1 | 1 | 2 | 2 | 2 | 4 | 7 |
| Depreciation | 13 | 17 | 19 | 22 | 24 | 35 | 48 |
| Profit before tax | 162 | 247 | 278 | 305 | 355 | 453 | 506 |
| Tax % | 23% | 24% | 24% | 23% | 22% | 24% | 25% |
| Net Profit + | 125 | 189 | 213 | 235 | 275 | 343 | 380 |
| EPS in Rs | 31.19 | 47.14 | 53.15 | 11.74 | 13.77 | 17.16 | 18.99 |
| Dividend Payout % | 13% | 11% | 47% | 9% | 7% | 12% | 21% |
Financials of National Securities Depository Ltd
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 807 | 979 | 1,172 | 1,389 | 1,644 | 1,965 | 2,330 |
| Borrowings + | 12 | 9 | 3 | 17 | 14 | 10 | 17 |
| Other Liabilities + | 208 | 470 | 478 | 648 | 560 | 969 | 1,433 |
| Total Liabilities | 1,067 | 1,498 | 1,693 | 2,093 | 2,258 | 2,985 | 3,819 |
| Fixed Assets + | 54 | 66 | 53 | 68 | 289 | 322 | 421 |
| CWIP | 11 | 17 | 3 | 5 | 13 | 22 | 4 |
| Investments | 764 | 728 | 930 | 1,457 | 1,494 | 1,996 | 2,559 |
| Other Assets + | 238 | 687 | 706 | 563 | 462 | 646 | 836 |
| Total Assets | 1,067 | 1,498 | 1,693 | 2,093 | 2,258 | 2,985 | 3,819 |
Financials of National Securities Depository Ltd
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 116 | 104 | 148 | 327 | 113 | 558 | 713 |
| Cash from Investing Activity + | -118 | -36 | -64 | -375 | -178 | -502 | -619 |
| Cash from Financing Activity + | -14 | -16 | -20 | -20 | -20 | -16 | -18 |
| Net Cash Flow | -17 | 52 | 63 | -68 | -85 | 39 | 77 |
| Free Cash Flow | 75 | 80 | 139 | 283 | -131 | 484 | 578 |
| CFO/OP | 129% | 74% | 94% | 155% | 68% | 176% | 192% |
Financials of National Securities Depository Ltd
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 91 | 85 | 49 | 31 | 24 | 33 | 41 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 91 | 85 | 49 | 31 | 24 | 33 | 41 |
| Working Capital Days | -118 | -252 | -162 | -187 | -125 | -198 | -7 |
| ROCE % | 26% | 24% | 23% | 22% | 24% | 23% |