---
title: "National Stock Exchange Of India (NSE) Share Price, Financials & Research"
symbol: "1274230"
company: "National Stock Exchange Of India Ltd"
canonical: "https://tapetide.com/stocks/1274230"
isin: "INE721I01024"
bse_code: "544937"
sector: "Financial Services"
industry: "Capital Markets"
generated_at: "2026-11-05T01:31:44.171Z"
---

# National Stock Exchange Of India (NSE)

Canonical page: https://tapetide.com/stocks/1274230

## Key Facts

- **Price:** ₹1,809.40 as of 4 Nov 2026, 16:30 IST
- **P/E (TTM):** 41.98 as of 4 Nov 2026
- **Revenue, Sep 2026 quarter:** ₹4,066.8 Cr, against ₹3,676.8 Cr in Sep 2025 (+10.61% year on year)
- **Net profit, Sep 2026 quarter:** ₹2,577.6 Cr, against ₹2,098.5 Cr in Sep 2025 (+22.83% year on year)
- **Promoter holding:** 0.00% in Sep 2026, unchanged from Jun 2026

## Company

- **BSE code:** 544937
- **ISIN:** INE721I01024
- **Macro sector:** Financial Services
- **Sector:** Financial Services
- **Industry:** Capital Markets
- **Basic industry:** Exchange and Data Platform
- **In the F&O segment:** No

## Latest Price

- **Price:** ₹1,809.40
- **Change:** +5.60 (+0.31%)
- **Open:** ₹1,795.00
- **Day High:** ₹1,824.90
- **Day Low:** ₹1,786.00
- **Previous Close:** ₹1,803.80
- **Volume:** 39,83,234
- **As of:** 4 Nov 2026, 16:30 IST

## Key Fundamentals

Price-based figures as of 4 Nov 2026, 16:30 IST · TTM.

- **ROCE:** 40.60%
- **Debt to Equity:** 0.01
- **EPS (TTM):** ₹43.10
- **Book Value:** ₹129.75
- **P/E (TTM):** 41.98
- **P/B:** 13.95
- **ROE:** 28.60%
- **Dividend Yield:** 1.94%
- **EBITDA:** ₹13,336 Cr
- **52W High:** ₹1,878.00
- **52W Low:** ₹1,640.25

## Key Insights

### Strengths

- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.5%
- Company has been maintaining a healthy dividend payout of 77.4%

### Weaknesses

- Stock is trading at 10.7 times its book value
- Earnings include an other income of Rs.3,417 Cr.
- Debtor days have increased from 44.2 to 54.3 days.

## Technical Indicators

As of 4 Nov 2026.

| Group | Signal | Bearish | Neutral | Bullish |
| --- | --- | ---: | ---: | ---: |
| Overall | Bullish | 2 | 12 | 5 |
| Oscillators | Bearish | 2 | 6 | 1 |
| Moving Averages | Bullish | 0 | 6 | 4 |

### Oscillators: Bearish

| Name | Value | Signal |
| --- | ---: | --- |
| RSI (14) | 55.50 | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | 91.48 | Bearish |
| ADX (14) | — | Neutral |
| Williams %R (14) | -8.39 | Bearish |
| ATR (14) | 34.48 | Neutral |
| ROC (12) | 3.43 | Bullish |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

### Moving Averages: Bullish

| Name | Value | Signal |
| --- | ---: | --- |
| SMA (10) | 1,762.98 | Bullish |
| EMA (10) | 1,776.37 | Bullish |
| SMA (20) | 1,751.46 | Bullish |
| EMA (20) | 1,767.66 | Bullish |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Pivot Points

| Level | Classic | Fibonacci | Camarilla |
| --- | ---: | ---: | ---: |
| R3 | 1,866.44 | 1,845.67 | 1,820.10 |
| R2 | 1,845.67 | 1,830.81 | 1,816.53 |
| R1 | 1,827.54 | 1,821.63 | 1,812.97 |
| PP | 1,806.77 | 1,806.77 | 1,806.77 |
| S1 | 1,788.64 | 1,791.91 | 1,805.83 |
| S2 | 1,767.87 | 1,782.73 | 1,802.27 |
| S3 | 1,749.74 | 1,767.87 | 1,798.70 |

## Analyst Rating

Based on 8 analysts. 7 of 8 analysts rate Buy, 0 Hold, 1 Sell. As of 4 Nov 2026.

| Rating | Analysts | Share |
| --- | ---: | ---: |
| Buy | 7 | 88% |
| Hold | 0 | 0% |
| Sell | 1 | 13% |

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

| Metric | Window | Growth | What it compares |
| --- | --- | ---: | --- |
| Revenue | 3Y | 11.87% | compounded annual rate, Mar 2023 to Mar 2026 |
| Revenue | 1Y | -3.15% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Net profit | 3Y | 11.88% | compounded annual rate, Mar 2023 to Mar 2026 |
| Net profit | 1Y | -15.47% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating cash flow | 3Y | 140% | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating cash flow | 1Y | 483% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating margin | 3Y | -11.67 pp | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating margin | 1Y | -6.06 pp | fiscal year to Mar 2026 vs the year to Mar 2025 |

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

## Analyst Forecasts

Consensus of analyst estimates, as of 4 Nov 2026. Low and High are the range of the estimates, not a confidence interval.

### EBITDA (annual)

FY27 consensus: ₹13,698 Cr (+2.7% vs ₹13,336 Cr in FY26).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| FY27 | ₹13,698 Cr | ₹12,665 Cr | ₹15,009 Cr |
| FY28 | ₹15,216 Cr | ₹14,096 Cr | ₹16,897 Cr |

### EPS (annual)

FY27 consensus: ₹45.20 (+8.6% vs ₹41.62 in FY26).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| FY27 | ₹45.20 | ₹43.57 | ₹48.00 |
| FY28 | ₹50.80 | ₹46.00 | ₹54.00 |

### Net Income (annual)

FY27 consensus: ₹11,257 Cr (+10.6% vs ₹10,180 Cr in FY26).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| FY27 | ₹11,257 Cr | ₹10,813 Cr | ₹11,995 Cr |
| FY28 | ₹12,615 Cr | ₹11,295 Cr | ₹13,618 Cr |

### Revenue (annual)

FY27 consensus: ₹17,658 Cr (-5.6% vs ₹18,713 Cr in FY26).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| FY27 | ₹17,658 Cr | ₹16,815 Cr | ₹18,551 Cr |
| FY28 | ₹19,737 Cr | ₹18,388 Cr | ₹21,026 Cr |

### ROA (annual)

FY27 consensus: 12.3% (-9.7 pp vs 22.1% in FY26).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| FY27 | 12.3% | 11.8% | 13.2% |
| FY28 | 13.0% | 12.3% | 14.0% |

### ROE (annual)

FY27 consensus: 33.6% (+1.9 pp vs 31.7% in FY26).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| FY27 | 33.6% | 32.3% | 36.3% |
| FY28 | 35.4% | 32.8% | 39.1% |

## Financial Statements

### Quarterly Results

Figures in ₹ crore unless the row name gives another unit.

| Item | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Sales | 4,032 | 3,677 | 4,968 | 4,560 | 4,067 |
| Expenses | 902 | 2,192 | 1,335 | 1,014 | 987 |
| Operating Profit | 3,130 | 1,484 | 3,633 | 3,546 | 3,079 |
| OPM % | 78% | 40% | 73% | 78% | 76% |
| Other Income | 908 | 1,718 | 422 | 784 | 521 |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 150 | 161 | 151 | 163 | 174 |
| Profit before tax | 3,888 | 3,041 | 3,903 | 4,168 | 3,426 |
| Tax % | 25% | 31% | 26% | 25% | 25% |
| Net Profit | 2,924 | 2,098 | 2,871 | 3,120 | 2,578 |
| EPS in Rs | 11.81 | 8.48 | 11.6 | 12.61 | 10.41 |
| YoY Sales growth | — | — | — | 13 | 11 |

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Sales | 8,313 | 11,856 | 14,780 | 17,141 | 16,601 |
| Expenses | 1,708 | 2,428 | 4,907 | 4,470 | 5,337 |
| Operating Profit | 6,605 | 9,429 | 9,873 | 12,671 | 11,265 |
| OPM % | 79% | 80% | 67% | 74% | 68% |
| Other Income | 602 | 851 | 1,650 | 3,956 | 3,417 |
| Interest | 0 | 0 | 0 | 24 | 40 |
| Depreciation | 310 | 384 | 440 | 547 | 624 |
| Profit before tax | 6,897 | 9,896 | 11,084 | 16,057 | 14,018 |
| Tax % | 25% | 26% | 25% | 24% | 27% |
| Net Profit | 5,198 | 7,356 | 8,306 | 12,188 | 10,302 |
| EPS in Rs | 20.99 | 29.72 | 33.56 | 49.24 | 41.62 |
| Dividend Payout % | 40% | 54% | 54% | 94% | 84% |
| Sales growth | — | 43 | 25 | 16 | -3 |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Equity Capital | 50 | 50 | 50 | 248 | 248 | 248 |
| Reserves | 15,361 | 20,429 | 23,925 | 30,106 | 31,866 | 41,584 |
| Borrowings | 115 | 136 | 125 | 506 | 412 | 473 |
| Other Liabilities | 20,061 | 15,938 | 41,360 | 38,607 | 55,393 | 33,572 |
| Total Liabilities | 35,587 | 36,553 | 65,459 | 69,466 | 87,919 | 75,876 |
| Fixed Assets | 1,630 | 1,400 | 1,442 | 1,906 | 1,864 | 3,998 |
| CWIP | 158 | 98 | 82 | 51 | 223 | 70 |
| Investments | 13,421 | 17,955 | 25,285 | 30,982 | 29,342 | 27,468 |
| Other Assets | 20,378 | 17,100 | 38,650 | 36,527 | 56,489 | 44,341 |
| Total Assets | 35,587 | 36,553 | 65,459 | 69,466 | 87,919 | 75,876 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | 5,832 | 1,734 | 29,744 | 4,091 | 23,836 |
| Cash from Investing Activity | -4,185 | -3,217 | -8,336 | -5,431 | -38 |
| Cash from Financing Activity | -1,258 | -2,100 | -3,994 | -4,600 | -8,809 |
| Net Cash Flow | 388 | -3,583 | 17,414 | -5,939 | 14,989 |
| Free Cash Flow | 5,323 | 1,331 | 29,275 | 2,816 | 22,096 |
| CFO/EBITDA | 113 | 43 | 341 | 61 | 240 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Debtor Days | 71 | 49 | 46 | 32 | 54 |
| Cash Conversion Cycle | 71 | 49 | 46 | 32 | 54 |
| Working Capital Days | -586 | -220 | -697 | -489 | -825 |
| ROCE % | — | 56% | 50% | 52% | 41% |

## Shareholding Pattern

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| FIIs | 46.75% | 45.06% | 43.69% | 41.37% | 40.24% | 38.37% | 33.02% | 35.30% | n/m | 32.17% | 31.87% | 41.60% | 41.39% | 40.99% | 25.35% |
| DIIs | 12.48% | 12.19% | 12.16% | 12.26% | 12.11% | 11.89% | 11.80% | 11.79% | 0.21% | 0.21% | 0.21% | 8.37% | 8.44% | 8.48% | 28.27% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.00% |
| Public | 19.51% | 20.77% | 21.88% | 23.64% | 24.61% | 26.06% | 27.25% | 27.09% | 30.50% | 33.24% | 33.88% | 34.06% | 34.29% | 34.59% | 26.47% |
| Others | 21.25% | 21.99% | 22.27% | 22.73% | 23.04% | 23.68% | 27.93% | 25.82% | n/m | 34.39% | 34.04% | 15.96% | 15.87% | 15.95% | 19.91% |
| No. of Shareholders | 5,840 | 7,540 | 9,589 | 11,274 | 13,321 | 15,596 | 17,777 | 20,444 | 39,190 | 1,59,394 | 1,77,807 | 1,86,481 | 2,00,909 | 2,12,562 | 29,45,690 |

n/m: Not available separately for this quarter: the holding is recorded inside Others, so both are left blank rather than shown at a wrong split.

## Documents

### Concalls

| Month | Call documents |
| --- | --- |
| Nov 2026 | [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20323502-3ba2-4bd1-ab60-f502716c688d.pdf), [Recording](https://www.youtube.com/watch?v=ObWY4yF8Oh8) |

### Results

| Date | Document |
| --- | --- |
| 3 Nov 2026 | [Results - Standalone And Consolidated Audited Financial Results For The Quarter And Half Year Ended September 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68078471-9790-4eae-ad03-880c4b7c7fdd.pdf) |

### Exchange filings

Latest 12 of 17.

| Date | Document | Category |
| --- | --- | --- |
| 4 Nov 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8b70a9a-5be0-48af-ae89-82bc53e48494.pdf) | — |
| 3 Nov 2026 | [Board Meeting Outcome for For Financial Results For The Quarter And Half Year Ended September 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=385b68f5-7556-4cb6-98ad-04dd8d00a06e.pdf) | Outcome |
| 3 Nov 2026 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10d11525-850e-4c9b-9a04-097a0790c9e8.pdf) | General announcements |
| 3 Nov 2026 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e7dfd47-a290-4395-bd76-8f51635a1a3c.pdf) | General announcements |
| 3 Nov 2026 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d6bcecb-1ad9-41aa-89c3-bfda38e527be.pdf) | — |
| 13 Oct 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=693d4d8b-96ac-431b-a354-f31a6c1ec79c.pdf) | General announcements |
| 9 Oct 2026 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=530fa7ee-f086-4a1c-8714-63802c64d3f4.pdf) | General announcements |
| 8 Oct 2026 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37b84fd4-43ef-4380-a372-be51504b5ade.pdf) | General announcements |
| 7 Oct 2026 | [Board Meeting Intimation for Intimation Of Board Meeting Pursuant To Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b44ad9a6-1fb8-4d3c-8e1c-11c36876139d.pdf) | Intimation |
| 1 Oct 2026 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=902eb597-81cc-4c50-a3c6-567f629cebc3.pdf) | General announcements |
| 1 Oct 2026 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c62f2d5b-0a7d-45cc-8754-6d241937dbb3.pdf) | General announcements |
| 29 Sep 2026 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd88c740-6131-4e64-8bb4-8570031d1f56.pdf) | Intimation |

## Frequently Asked Questions about National Stock Exchange Of India

### Where is National Stock Exchange Of India Ltd (NSE) listed?

National Stock Exchange Of India Ltd trades under code 544937 on the BSE.

### Which sector does National Stock Exchange Of India Ltd belong to?

National Stock Exchange Of India Ltd is classified under the Financial Services sector, in the Capital Markets industry.

### What is the PE ratio of National Stock Exchange Of India Ltd?

National Stock Exchange Of India Ltd trades at a PE ratio of 41.98 as of 4 Nov 2026, on earnings per share of ₹43.1, against a book value of ₹129.75 per share.

### What is the 52-week high and low of National Stock Exchange Of India Ltd?

Over the last 52 weeks National Stock Exchange Of India Ltd has traded between ₹1,640.25 and ₹1,878 as of 4 Nov 2026.

### Does National Stock Exchange Of India Ltd pay dividends?

National Stock Exchange Of India Ltd has a dividend yield of 1.94%.

### What is the Return on Equity (ROE) of National Stock Exchange Of India Ltd?

National Stock Exchange Of India Ltd reported a return on equity of 28.60%. Its debt-to-equity ratio is 0.01.

## Company Information

- **Face Value:** ₹1

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 5 Nov 2026, 07:01 IST.