NSDL Results Analysis Q1FY26

!NSDL Operating Revenue for Q1FY26 is Rs. 312 Crs., 7.5% Negative growth YoY, Total Income is Rs. 347 Crs., 5% growth YoY, EBITDA is Rs. 95 Crs., 18.3% growth YoY, EBITDA Margin is 30.51% declined by 665 Basis points YoY, PBT Rs. 118 Crs., 18.3% growth YoY, PAT Rs. 90 Crs. 15.2% growth YoY. 86.6% Market share by Total Demat Custody Value, 96.98% Market Share by value of Debt Securities, 73.2% Market share by unlisted Companies (Equity) vs 70.8% Market Share in Q1FY25, Crossed 4.05 mn Demat Account (BO) vs 3.67 Mn in Q1FY25. On QoQ basis Op. Revenue is down by 14.2%, Total Income is down by 11.9%, But EBITDA is up by 4.4%, PBT is up by 6.8% and PAT is also up by 7.6%.