Central Depository Services (India) Ltd (CDSL)
₹1,333.10
Mkt cap
₹27,862 Cr
P/E ratio
61.00
P/B
14.21
Div yield
0.96%
ROE
24.50%
ROCE
32.00%
EPS (TTM)
₹21.85
Book value
₹94
52W range
1,119–1,732
Sector
Financial Services
Central Depository Services Limited is a Market Infrastructure Institution (MII), part of the capital market structure, providing services to all market participants - exchanges, clearing corporations, depository participants (DPs), issuers and investors. It is a facilitator for holding of securities in the dematerialised form and an enabler for securities transactions. [1]
NSE CDSLwww.cdslindia.com
Health check
Mixed
ValuationExpensive
ProfitabilityStrong
GrowthHigh
TechnicalsBearish
52-week range
−23.01% from high₹1,333
₹1,119+19.09% from low₹1,732
Current
₹1,333.10
Prev close
₹1,335.00
Day
−0.14%
Price performance
1D
−0.14%
1W
−3.76%
1M
+1.22%
3M
+1.55%
6M
−0.59%
1Y
−22.23%
YTD
−9.10%
Financials
FRevenue, profit & margin
P/E ratio
61.0×
CDSL is 43% above the sector median of 42.7×
CDSL61.0×
Sector median42.7×
| 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 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 125 | 150 | 207 | 214 | 241 | 257 | 322 | 278 | 224 | 259 | 319 | 304 | 263 | |
| Expenses | 56 | 70 | 79 | 84 | 93 | 103 | 122 | 117 | 115 | 129 | 143 | 145 | 147 | |
| Operating Profit | 68 | 80 | 128 | 130 | 148 | 154 | 200 | 161 | 109 | 130 | 176 | 160 | 116 | |
| OPM % | 55% | 53% | 62% | 61% | 61% | 60% | 62% | 58% | 49% | 50% | 55% | 52% | 44% | |
| Other Income | 19 | 24 | 23 | 21 | 29 | 30 | 37 | 21 | 32 | 36 | 22 | 29 | 6 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Depreciation | 5 | 6 | 6 | 7 | 8 | 10 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | |
| Profit before tax | 82 | 98 | 145 | 145 | 168 | 175 | 225 | 168 | 127 | 151 | 183 | 172 | 103 | |
| Tax % | 23% | 25% | 25% | 26% | 23% | 23% | 28% | 23% | 21% | 32% | 23% | 23% | 23% | |
| Net Profit | 63 | 74 | 109 | 107 | 129 | 134 | 162 | 130 | 100 | 102 | 140 | 133 | 80 | |
| EPS in Rs | 3.02 | 3.52 | 5.21 | 5.14 | 6.18 | 6.42 | 7.75 | 6.22 | 4.80 | 4.90 | 6.71 | 6.38 | 3.84 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
1 Aug '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −1.03% · closed higher next day 14 of last 37
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 5 Aug '23◦ | 28 Oct '23◦ | 3 Feb '24◦ | 4 May '24◦ | 3 Aug '24◦ | 26 Oct '24◦ | 25 Jan '25◦ | 6 May '25 | 26 Jul '25◦ | 1 Nov '25◦ | 31 Jan '26◦ | 2 May '26◦ |
| Earnings day | −1.30% | +3.56% | −2.47% | +3.21% | −5.80% | +4.56% | −10.41% | −4.06% | −5.69% | +0.39% | −6.29% | −2.65% |
| +1 day | +1.47% | +9.72% | −1.25% | +1.46% | −6.54% | +3.02% | −15.71% | −3.57% | −4.64% | −3.03% | +1.73% | −1.36% |
| +5 days | −2.94% | +20.84% | −1.28% | −4.13% | +4.92% | +8.64% | −12.89% | +0.75% | −2.62% | +0.86% | +4.10% | −3.55% |
| +15 days | −7.07% | +29.98% | +1.40% | +1.89% | +25.12% | +8.83% | −19.66% | +11.59% | −2.04% | −0.83% | +1.07% | −4.29% |
| +30 days | +7.50% | +47.30% | −10.46% | −0.30% | +18.72% | +37.28% | −26.19% | +28.42% | −4.08% | −5.42% | −9.16% | −0.63% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 12.75 Per Share | 12.75 | 17 Jul '26 | 17 Jul '26 |
Shareholding
Sas of Jun 202615.00%Promoter
Promoters15.00%
FIIs8.24%3.12
DIIs15.19%0.77
Public61.57%2.35
Ownership trend
Peers
P5 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| C D S L | ₹1,333.10 | 61.05 | 27,862 | 0.96% | 80 | −20.03% | 263 | +17.11% | 31.98% |
| Cams Services | ₹761.45 | 42.67 | 18,900 | 1.64% | 125 | +10.88% | 395 | +10.96% | 47.00% |
| N S D L | ₹810.05 | 42.66 | 16,201 | 0.25% | 90 | +8.18% | 458 | +26.01% | 23.22% |
| KFin Technolog. | ₹857.75 | 42.31 | 14,824 | 1.40% | 75 | −2.65% | 357 | +30.10% | 29.19% |
| Beacon Trust. | ₹91.85 | 23.77 | 166 | 0.00% | 2 | +113.56% | 15 | +18.51% | 19.76% |
| Median: 5 Co. | ₹810.05 | 42.66 | 16,201 | 0.96% | 80 | +8.18% | 357 | +18.51% | 29.19% |
Filings
DAnnual reports10
Concall transcripts59
TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptJan 2025PPTJan 2025RECJan 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024RECAug 2024TranscriptMay 2024PPTMay 2024TranscriptFeb 2024
Announcements5
General Updates 20 July 2026 - SEBI imposed ₹1 crore penalty on CDSL on July 20, 2026 over 2022 malware incident.Copy of Newspaper Publication 13 July 2026 - CDSL published July 13, 2026 notice for unclaimed shares/dividends transfer to IEPF; claim by October 12, 2026.Copy of Newspaper Publication 9 July 2026 - CDSL published AGM notice; 28th AGM on July 30, 2026, with annual report dispatch and e-voting details.General Updates 9 July 2026 - SEBI approved CDSL’s ₹20 crore additional investment in IIBHL, keeping 20% holding unchanged.Updates 8 July 2026 - CDSL filed FY 2025-26 Business Responsibility and Sustainability Report on July 8, 2026.