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Key Points

NSDL, a critical player in India's securities infrastructure, has reported impressive financial results ahead of its upcoming initial public offering. The company experienced a 4.77% net profit increase in Q4, with full-year profits surging by 24.57%. Its IPO, featuring an offer-for-sale by major financial institutions, represents a significant milestone in the company's journey. The listing will position NSDL as the second publicly traded depository in India, following CDSL's 2017 market debut.

Key Points: NSDL Profit Jumps 5% Ahead of Strategic IPO Launch

  • Q4 net profit rises to Rs 83.3 crore
  • Full year profit surges 24.57% to Rs 343 crore
  • IPO sized down to 5.01 crore shares
  • Offer supported by NSE, SBI, HDFC Bank
2 min read

NSDL clocks nearly 5 pc jump in Q4 net profit ahead of IPO

NSDL reports strong Q4 financial performance with 4.77% net profit increase, preparing for landmark public offering across key stakeholders

"Our financial resilience demonstrates continued growth in India's digital securities ecosystem - NSDL Executive Management"

Mumbai, May 25

The National Securities Depository Limited (NSDL), which is gearing up for its initial public offering (IPO), on Sunday reported a 4.77 per cent increase in consolidated net profit to Rs 83.3 crore for the quarter ending March 2025 (Q4 FY25), up from Rs 79.5 crore in the same quarter last fiscal (Q4 FY24).

The NSDL’s total income also saw a healthy rise of 9.94 per cent, reaching Rs 394 crore during the quarter compared to Rs 358 crore in January-March 2024 (Q4 FY24).

For the full financial year 2024-25, the depository’s net profit surged by 24.57 per cent to Rs 343 crore in FY25, while total income grew 12.41 per cent to Rs 1,535 crore compared to the previous year (FY24).

The company’s board of directors has recommended a final dividend of Rs 2 per equity share for FY 2024-25, which is subject to approval by the shareholders.

The NSDL plays a crucial role in the Indian financial system by facilitating the holding and transfer of securities in dematerialised form.

Its demat account holders are spread across more than 99 per cent of the pin codes in India and in 186 countries worldwide, supported by over 63,000 service centres across all states and Union Territories during FY24.

Ahead of its IPO, the NSDL has reduced the size of the issue. The offer now consists of 5.01 crore shares, down from 5.72 crore shares initially mentioned in its draft prospectus.

The IPO is entirely an offer-for-sale (OFS), with shares being sold by existing stakeholders including the National Stock Exchange of India (NSE), State Bank of India (SBI), and HDFC Bank.

Since it is an OFS, the NSDL will not receive any proceeds from the public issue. The markets regulator SEBI has extended the deadline for NSDL’s listing to July 31.

This upcoming listing will make the NSDL the country’s second publicly traded depository company after the Central Depository Services Limited (CDSL), which was listed in 2017.

- IANS

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Reader Comments

R
Rahul K.
Great to see NSDL performing well before IPO! Their pan-India presence is impressive - covering 99% pin codes. Shows how digital India is transforming finance. Will definitely apply for shares, though wish they hadn't reduced the issue size. 🚀
P
Priya M.
24% profit growth is fantastic! But I'm concerned about the OFS structure - no fresh capital means no direct benefit to company. Existing shareholders cashing out makes me cautious. Will wait for grey market premium before deciding.
A
Amit S.
CDSL listing in 2017 was successful, so expecting similar response for NSDL. But valuation will be key - hope SEBI ensures fair pricing. Their dividend policy looks shareholder friendly though. ₹2/share is decent for long term investors.
N
Neha T.
As someone with NSDL demat account, their services are very reliable. This IPO will increase transparency and accountability. Hope they use this opportunity to improve investor education programs too. More Indians should understand demat benefits!
S
Sanjay P.
SBI and HDFC Bank selling stakes? Makes me wonder if they know something we don't. But 63,000 service centers show NSDL's strong reach. Will compare with CDSL's financials before investing. Competition is good for market!
K
Kavita R.
Solid fundamentals but market sentiment matters more for IPO success. With elections over and stable govt, timing looks good. Just hope retail investors don't get carried away - remember to check fundamentals before jumping in! 💰

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