National Securities Depository (NSDL) Intrinsic Value
National Securities Depository (NSDL) (NSDL) median intrinsic value is ₹490.40 from 9 valuation models (range ₹247–₹1895), vs current price ₹823.95 — -40.5% downside (Trading Above Calculated Value), margin of safety -68.0%. Read NSDL dividend growth for the complete payout history and dividend yield track record.
NSDL Valuation Methods Summary — DCF, Graham Number & P/E
National Securities Depository (NSDL) intrinsic value across 9 models vs current price ₹823.95 — upside/downside and value range per method. Compare with NSDL stock valuation models to assess whether the stock is under or overvalued.
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹247.19 | ₹197.75 - ₹296.63 | -70.0% | EPS: ₹18.04, Sector P/E: 12x |
| Book Value Method | asset | ₹592.50 | ₹533.25 - ₹651.75 | -28.1% | Book Value/Share: ₹592.50, P/B: 1.0x |
| Revenue Multiple Method | revenue | ₹389.60 | ₹350.64 - ₹428.56 | -52.7% | Revenue/Share: ₹487.00, P/S: 0.8x |
| EBITDA Multiple Method | earnings | ₹786.00 | ₹707.40 - ₹864.60 | -4.6% | EBITDA: ₹524.00Cr, EV/EBITDA: 6x |
| Simple DCF (5Y) | dcf | ₹1894.88 | ₹1515.90 - ₹2273.86 | +130.0% | CF Growth: 15.0%, Discount: 15% |
| PEG Ratio Method | growth | ₹247.19 | ₹222.47 - ₹271.91 | -70.0% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹247.19 | ₹222.47 - ₹271.91 | -70.0% | Revenue Growth: 6.0%, Adj P/E: 8.2x |
| ROE Based Valuation | profitability | ₹1260.00 | ₹1134.00 - ₹1386.00 | +52.9% | ROE: 15.2%, P/E Multiple: 14x |
| Graham Defensive Method | conservative | ₹490.40 | ₹441.36 - ₹539.44 | -40.5% | EPS: ₹18.04, BVPS: ₹592.50 |
NSDL Intrinsic Value vs Market Price — All Valuation Models
National Securities Depository (NSDL) fair value range ₹247–₹1895 vs current market price ₹823.95 across 9 valuation models. For current market price and key ratios, visit NSDL stock price BSE.
NSDL Intrinsic Value Analysis — Undervalued or Overvalued?
National Securities Depository (NSDL) median intrinsic value ₹490.40, current price ₹823.95 — Trading Above Calculated Value by 40.5%, margin of safety -68.0%.
What is the intrinsic value of NSDL?
Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of National Securities Depository (NSDL) (NSDL) is ₹490.40 (median value). With the current market price of ₹823.95, this represents a -40.5% variance from our estimated fair value.
The valuation range spans from ₹247.19 to ₹1894.88, indicating ₹247.19 - ₹1894.88.
Is NSDL undervalued or overvalued?
Based on our multi-method analysis, National Securities Depository (NSDL) (NSDL) appears to be trading above calculated value by approximately 40.5%.
NSDL Financial Health — Key Ratios vs Industry Benchmarks
National Securities Depository (NSDL) financial ratios — ROE, debt-to-equity, profit margins and liquidity vs industry benchmarks and their impact on intrinsic value.
| Financial Metric | Current Value | Industry Benchmark | Assessment | Impact on Valuation |
|---|---|---|---|---|
| Current Ratio | 55.38 | Industry Standard: 2.0+ | Above 2.0 | Measures short-term liquidity capacity |
| Return on Equity | 15.2% | Industry Standard: 15%+ | Above 15% | Measures shareholder return efficiency |
| Operating Margin | 22.0% | Industry Standard: 20%+ | Above 20% | Indicates operational efficiency level |
| Asset Turnover Ratio | 0.51x | Industry Standard: 1.0x+ | Above 0.5x | Measures asset utilization efficiency |
NSDL Cash Flow Quality — Operating & Free Cash Flow
National Securities Depository (NSDL) operating cash flow, free cash flow, quality rating and sustainability score by period — key inputs to DCF intrinsic value calculation.
| Period | Operating Cash Flow | Free Cash Flow | Cash Flow Quality | Sustainability Score |
|---|---|---|---|---|
| March 2025 | ₹558 Cr | ₹307 Cr | Positive Free Cash Flow | 8/10 |
| March 2024 | ₹113 Cr | ₹27 Cr | Positive Free Cash Flow | 7/10 |
| March 2023 | ₹327 Cr | ₹140 Cr | Positive Free Cash Flow | 7/10 |
| March 2022 | ₹148 Cr | ₹116 Cr | Positive Free Cash Flow | 8/10 |
| March 2021 | ₹104 Cr | ₹86 Cr | Positive Free Cash Flow | 8/10 |