National Securities Depository (BOM:544467) Research & Development: ₹ Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544467 National Securities Depository Ltd BOM:544467
48 GF Score
Price ₹786.95
! 2 Warning Signs
View Full Analysis

What is National Securities Depository Research & Development?

National Securities Depository BOM:544467 +0.44% 48 Research & Development is ₹ Mil as of Jun. 2026. GuruFocus rates BOM:544467 with a GF Score™ of 48/100. The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. National Securities Depository's Research & Development for the three months ended in Jun. 2026 was ₹ Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was ₹ Mil.


National Securities Depository  (BOM:544467) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


National Securities Depository Research & Development Related Terms


National Securities Depository Research & Development Historical Data

* Premium members only.

The historical data trend for National Securities Depository's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

National Securities Depository Research & Development Chart

National Securities Depository Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Research & Development
Get a 7-Day Free Trial - - - - -

National Securities Depository Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -
BOM:544467
48GF Score
National Securities Depository Ltd BOM:544467
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Securities Depository Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹ Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₹ Mil mean?
National Securities Depository (BOM:544467) has a Research & Development of ₹ Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on National Securities Depository and its competitors.
Is National Securities Depository's Research & Development too high?
National Securities Depository's current Research & Development is ₹ Mil. Overall, National Securities Depository has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does National Securities Depository's Research & Development compare to SPGI and CME?
National Securities Depository's Research & Development of ₹ Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Capital Markets company?
A good Research & Development depends on the Capital Markets industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on National Securities Depository and its competitors. National Securities Depository's current Research & Development is ₹ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Securities Depository stock overvalued right now?
National Securities Depository (BOM:544467) has a current Research & Development of ₹ Mil. The current Research & Development is ₹ Mil. National Securities Depository's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For National Securities Depository (BOM:544467), the current Research & Development is ₹ Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

National Securities Depository Business Description

Address G-Block, Plot No. C-32, 301, 3rd Floor, Naman Chambers, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400 051
National Securities Depository Ltd (NSDL) is an Indian market infrastructure institution that operates a depository for securities in electronic form. It provides dematerialisation of securities, electronic settlement of trades, and custody-related services to investors, brokers, clearing corporations, issuers, and other capital market participants. Its services span equities, debt, mutual funds, government securities, and other instruments, and it supports market activities through platforms for depository operations, pledge and hypothecation, corporate actions, and investor servicing. NSDL also offers services connected to the National Pension System and other record-keeping functions. Revenue is generated primarily from transaction-based fees, account maintenance charges, and other service fees paid by market participants and issuers. It operates under the regulation of the Securities and Exchange Board of India and serves the Indian securities market.
48GF Score

Get the complete analysis for BOM:544467

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹786.95
Price