NSDL Posts 5% Rise In Q4 Profit Ahead Of IPO

National Securities Depository Limited (NSDL), India’s oldest and largest depository, has reported a 4.77% year-on-year increase in consolidated net profit for the quarter ended March 2025. The profit rose to ₹83.3 crore compared to ₹79.5 crore in the corresponding quarter of the previous year. The company also recorded a 9.94% growth in total income, reaching ₹394 crore during the quarter.

For the full financial year 2024–25, NSDL’s consolidated net profit surged 24.57% to ₹343 crore, while total income increased by 12.41% to ₹1,535 crore. The robust performance reflects the company’s strong operational resilience amid growing demand for digital securities infrastructure.

The Board of Directors recommended a final dividend of ₹2 per equity share of face value ₹2 for the financial year 2024–25, subject to shareholder approval.

With a pan-India and global presence, NSDL serves investors across 99% of Indian pin codes and 186 countries through a vast network of over 63,000 service centres.

Meanwhile, the company has revised the size of its upcoming Initial Public Offering (IPO). According to a recent addendum to its Draft Red Herring Prospectus (DRHP), the total offer size has been reduced to 5.01 crore equity shares, down from the previously proposed 5.72 crore shares.

The IPO will be entirely an Offer for Sale (OFS) by existing shareholders, including the National Stock Exchange of India (NSE), State Bank of India (SBI), and HDFC Bank. NSDL will not receive any proceeds from the public issue.

The revised offer comes at a time when the capital markets are witnessing strong investor interest, and NSDL’s public listing is expected to be a landmark moment for India’s capital market infrastructure ecosystem.