NSE's spectacular growth story: Net Profit zooms 19 per cent YoY in Q4 FY23, announces impressive dividend!

Options ADTVs stood tall at 47,744 crores, representing an impressive growth of 73 per cent year-on-year.

In a triumphant display of financial prowess, NSE, India's leading exchange, has reported a standalone net profit of a whopping Rs 1,810 crores for the fourth quarter of FY23. This remarkable achievement showcases a remarkable growth of 19 per cent compared to the same period last year when the net profit stood at Rs 1,518 crores. Impressively, the net profit margins remained steady at an impressive 51 per cent.

Zooming out to the full-year view, NSE has charted an extraordinary path with total operating income reaching Rs 11,181 crores, marking a remarkable growth of 44 per cent year-on-year. For the fourth quarter alone, NSE reported operating income of Rs 3,295 crores, indicating an impressive growth of 32 per cent compared to the previous year.

While maintaining its standing as a formidable force, NSE's operating EBITDA margin for Q4FY23 on a standalone basis landed at 69 per cent, slightly lower than the 73 per cent achieved during the corresponding quarter last year. Nonetheless, this robust margin further underscores NSE's financial strength and stability.

Delving into the trading volumes, NSE showcased its resilience despite some challenges. Cash markets recorded an average daily traded volume (ADTV) of Rs 53,694 crores, witnessing a decline of 20 per cent compared to the previous year. Similarly, equity futures reached an ADTV of Rs 1,14,831 crores, showing a marginal 3 per cent decline. However, options ADTVs stood tall at 47,744 crores, representing an impressive growth of 73 per cent year-on-year.

Beyond trading activities, NSE's consolidated income from operations stood at a formidable Rs 3,453 crores for the quarter, displaying an impressive growth of 31 per cent year-on-year. This solid performance can be attributed to revenue generated from various sources, including listing, index services, data services, and the colocation facility, all contributing to NSE's robust total revenue.

Taking a consolidated view, NSE's net profit on a consolidated basis for Q4 FY23 reached an impressive Rs 2,067 crores, marking a remarkable growth of 31 per cent compared to the same period the previous year. Furthermore, the net profit margin for Q4FY23 on a consolidated basis remained consistent at 55%, echoing the company's ability to maintain a strong financial footing.

Looking at the overall fiscal year, NSE's net profit after tax on a consolidated basis stands at an impressive Rs 7,356 crores, a substantial increase from Rs 5,198 crores in FY22. Income from operations reached a remarkable Rs 11,856 crore, compared to Rs 8,313 crores in the corresponding period of the previous year, marking an impressive growth of 44 per cent year-on-year. The total revenue on a consolidated basis stood tall at Rs 12,765 crores, further solidifying NSE's remarkable financial performance.

NSE's earnings per share also witnessed an upward trajectory, reaching Rs 41.73 this quarter, a significant increase from Rs 31.88 during the same period last year. For the full fiscal year, earnings per share rose from Rs 104.95 in FY22 to an impressive Rs 148.58 for FY23. Demonstrating their commitment to shareholders, NSE's Board has recommended a dividend of Rs 80 per share for the year ending FY23, pending approval at the upcoming AGM.

In addition to its financial achievements, NSE showcased its commitment to financial security by contributing a substantial Rs 203.45 crores to the Core Settlement Guarantee Fund (CSGF) maintained by NSE Clearing. This fund ensures the availability of sufficient funds to meet settlement obligations in case of a clearing member's failure to honor their commitments. Currently, the Core Settlement Guarantee Fund stands tall at an impressive Rs 5,284 crores, emphasizing NSE's dedication to maintaining a robust and secure financial ecosystem.

Furthermore, NSE's contributions to the national exchequer during the current financial year are truly remarkable, totaling an impressive Rs 28,989 crores. This includes significant contributions from various sources, such as STT (Rs 21,965 crores), stamp duty (Rs 1,987 crores), GST (Rs 1,655 crores), income tax (Rs 2,687 crores), and SEBI fees (Rs 695 crores). Over the past five years, NSE's cumulative contributions to the national exchequer and SEBI amount to an astounding Rs 98,268 crores, underscoring their significant role in supporting the economy.

NSE's outstanding financial performance, commitment to shareholders, and contributions to the nation's financial ecosystem truly position them as a powerhouse in the industry. With their unwavering dedication to excellence and impressive growth trajectory, NSE continues to cement its status as India's leading exchange.

As the markets and investors eagerly await the upcoming developments and future initiatives from NSE, one thing remains certain – NSE's indomitable spirit and unwavering commitment will continue to drive its success and make a lasting impact on India's financial landscape.

As they continue their journey, NSE's impact on the financial world will undoubtedly be felt far and wide, contributing to the growth and prosperity of the nation as a whole.