NSE reported Consolidated Profit After Tax in Q2FY27; increased by 23% YoY to Rs. 2,578 crore

New Delhi, Nov. 3 -- NSE, India's leading exchange, reported an increase in the consolidated total income of 9% YoY to Rs. 4,554 crore for Q2FY27, from Rs. 4,160 crore in Q2FY26.

The consolidated revenue from transaction charges for Q2FY27 increased by 9% to Rs. 3,035 crore as against Rs. 2,789 crore for Q2FY26; driven by higher volumes in cash markets and equity options segments. The cash market trading segment in Q2FY27 recorded an Average Daily Traded Volume (ADTV) of Rs. 1,18,377 crore, up by 24% YoY. The ADTV for equity options (premium value) increased by 3% YoY to Rs. 47,977 crore, while ADTV for equity futures segment in Q2FY27 stood at Rs. 1,24,574 crore.

Revenue from data connectivity charges stood at Rs. 267 crore; revenue from operating investment income increased by 9% YoY to Rs. 237 crore, from Rs. 217 crore in Q2FY26; revenue from data feed and terminal services increased by 43% YoY to Rs. 165 crore, from Rs. 115 crore in Q2FY26; and revenue from listing services increased by 70% YoY to Rs. 150 crore, from Rs. 88 crore in Q2FY26.

On a consolidated basis, total expenditure for Q2FY27 reduced by 51% YoY to Rs. 1,161 crore as against Rs. 2,354 crore for Q2FY26. During the corresponding quarter of previous fiscal year, NSE had recognised a provision of Rs. 1,297 crore, towards the SEBI settlement fees related to colocation and dark fibre matters.

On a consolidated basis, operating EBITDA for Q2FY27 increased by 107% YoY to Rs. 3,079 crore with EBITDA margin at 76%.

On a consolidated basis, profit after tax increased by 23% YoY to Rs. 2,578 crore for Q2FY27 from Rs.2,098 crore for Q2FY26. Earnings per share (on non-annualized basis) increased to Rs. 10.41 in Q2FY27 as compared to Rs. 8.48 in Q2FY26.

For the H1FY27 period, the consolidated total income increased by 9% YoY to Rs. 9,807 crore as against Rs. 8,959 crore for H1FY26. Operating EBITDA increased 45% to Rs. 6,674 crore with a margin of 77%. Consolidated net profit for H1FY27 increased by 13% YoY to Rs. 5,698 crore with earnings per share at Rs. 23.02 (on non-annualized basis).

On a standalone basis, NSE's total income for Q2FY27 increased by 8% YoY to Rs. 3,956 crore from Rs.3,666 crore in Q2FY26. The revenue from operations for Q2FY27 increased by 9% YoY to Rs. 3,567 crore, from Rs. 3,266 crore in Q2FY26.

On a standalone basis, the operating EBITDA was Rs. 2,622 crore in Q2FY27 with an EBITDA margin of 74%. Profit after tax increased by 16% YoY to Rs. 2,164 crore in Q2FY27 from Rs. 1,858 crore in Q2FY26. Profit after tax margin was 55% in Q2FY27.

For the H1FY27 period, the standalone total income increased by 8% YoY to Rs. 8,568 crore, of which operating revenue was Rs. 7,634 crore. On a standalone basis, operating EBITDA increased by 51% YoY to Rs. 5,726 crore with a margin of 75% and net profit for H1FY27 increased by 12% YoY to Rs.4,798 crore with a margin of 56%.

During H1FY27, NSE's contribution to the exchequer was Rs. 41,234 crore which comprised STT/CTT of Rs. 34,788 crore, income tax of Rs. 2,885 crore, stamp duty of Rs. 1,926 crore, GST of Rs. 1,171 crore and SEBI fees of Rs. 464 crore. Of the total STT/CTT of Rs. 34,788 crore, cash market (delivery based) segment constituted 38%, cash market (intraday) segment constituted 7%, and equity derivatives segment constituted 55%.

Ashishkumar Chauhan, Managing Director & CEO, NSE said "Q2FY27 was a momentous quarter for us as we successfully completed the listing of one of the world's largest and most technologically advanced market infrastructure institutions. The listing milestone marked an important phase in our evolution, reflecting our continued commitment to the highest standards of governance, transparency and value creation; as we continue to drive innovation and deepen India's capital market ecosystem."

During the quarter, NSE facilitated India's first-ever tokenised bond issuances aggregating Rs. 1,000 crore, marking a significant milestone in the evolution of digital bond market infrastructure. NSE also advanced its product pipeline across asset classes with regulatory approvals and new initiatives, including derivatives on the Nifty India FPI 150 Index and Corporate Bond Index Futures. During the quarter, NSE also celebrated 30 years of NSE Clearing's contribution to the development of India's capital markets.

Note: PAT Margin = PAT / (Total Income + Share of profit of associates + profit on sale of investment in associates and subsidiaries + total revenue of discontinued operations); *Not annualized, NA - Not Applicable, NM - Not Meaningful

Published by HT Digital Content Services with permission from Millennium Post.