CDSL
Central Depository Services (India) Limited (CDSL) Stock Analysis
Central Depository Services (India) Limited operates one of India's two central securities depositories. It provides demat accounts, settlement, and corporate action services for investors and brokers. Equity market activity and demat account growth drive its transaction revenues. The company is listed on Indian stock exchanges and is headquartered in India.
Financial Services › Capital Markets
₹1,292.00
+2.26% 1W | -21.60% 52W
Market Cap
27.0k CR
P/E Ratio
57.6
52W High
₹1673.7
52W Low
₹1116.3
Div. Yield
1.01%
Beta
0.4
50 DMA
₹1340.4
200 DMA
₹1306.2
Profit Margin
36.8%
Inst. Own.
15.9%
📉 CONSOLIDATING DOWN
📉 CONSOLIDATING DOWN
Fundamentals
Profit & Loss
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 150 | 207 | 214 | 241 | 257 | 322 | 278 | 224 | 259 | 319 | 304 | 263 | 293 |
| Expenses | 70 | 79 | 84 | 93 | 103 | 122 | 117 | 115 | 129 | 143 | 145 | 147 | 155 |
| Operating Profit | 80 | 128 | 130 | 148 | 154 | 200 | 161 | 109 | 130 | 176 | 160 | 116 | 138 |
| OPM % | 53% | 62% | 61% | 61% | 60% | 62% | 58% | 49% | 50% | 55% | 52% | 44% | 47% |
| Other Income | 24 | 23 | 21 | 29 | 30 | 37 | 21 | 32 | 36 | 22 | 29 | 6 | 48 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 6 | 6 | 7 | 8 | 10 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| Profit before tax | 98 | 145 | 145 | 168 | 175 | 225 | 168 | 127 | 151 | 183 | 172 | 103 | 167 |
| Tax % | 25% | 25% | 26% | 23% | 23% | 28% | 23% | 21% | 32% | 23% | 23% | 23% | 29% |
| Net Profit | 74 | 109 | 107 | 129 | 134 | 162 | 130 | 100 | 102 | 140 | 133 | 80 | 118 |
| EPS in Rs | 3.52 | 5.21 | 5.14 | 6.18 | 6.42 | 7.75 | 6.22 | 4.80 | 4.90 | 6.71 | 6.38 | 3.84 | 5.62 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 105 | 123 | 146 | 188 | 196 | 225 | 344 | 551 | 555 | 812 | 1,082 | 1,145 | 1,179 |
| Expenses | 60 | 59 | 67 | 77 | 87 | 136 | 132 | 186 | 236 | 324 | 457 | 563 | 589 |
| Operating Profit | 45 | 64 | 79 | 110 | 109 | 89 | 212 | 365 | 319 | 488 | 625 | 582 | 590 |
| OPM % | 43% | 52% | 54% | 59% | 56% | 40% | 62% | 66% | 57% | 60% | 58% | 51% | 50% |
| Other Income | 23 | 72 | 41 | 38 | 49 | 59 | 57 | 55 | 66 | 95 | 119 | 93 | 105 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 6 | 4 | 4 | 7 | 10 | 12 | 9 | 11 | 19 | 27 | 49 | 66 | 70 |
| Profit before tax | 63 | 131 | 117 | 141 | 148 | 136 | 260 | 409 | 365 | 556 | 695 | 609 | 624 |
| Tax % | 31% | 31% | 26% | 27% | 23% | 22% | 22% | 24% | 24% | 25% | 24% | 25% | |
| Net Profit | 43 | 91 | 87 | 104 | 115 | 107 | 201 | 312 | 276 | 420 | 526 | 455 | 470 |
| EPS in Rs | 2.09 | 4.35 | 4.10 | 4.94 | 5.43 | 5.08 | 9.59 | 14.89 | 13.20 | 20.05 | 25.20 | 21.82 | 22.55 |
| Dividend Payout % | 53% | 29% | 37% | 35% | 37% | 44% | 47% | 50% | 61% | 55% | 50% | 58% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 27.0% | 27.0% | 25.0% |
| Profit CAGR | 18.0% | 18.0% | 21.0% |
Shareholding Pattern
Promoters15.00%
FIIs12.90%
DIIs14.24%
Public57.87%
Promoters15.00%
FIIs11.54%
DIIs14.18%
Public59.28%
Promoters15.00%
FIIs12.40%
DIIs15.12%
Public57.49%
Promoters15.00%
FIIs11.36%
DIIs14.42%
Public59.22%
Promoters15.00%
FIIs8.24%
DIIs15.19%
Public61.57%
Promoters20.00%
FIIs14.67%
DIIs18.48%
Public46.85%
Promoters15.00%
FIIs11.38%
DIIs23.15%
Public50.47%
Promoters15.00%
FIIs11.34%
DIIs15.41%
Public58.25%
Promoters15.00%
FIIs11.36%
DIIs14.42%
Public59.22%
Promoters15.00%
FIIs8.24%
DIIs15.19%
Public61.57%
CDSL
Holdings Analysis
Key strengths & risk signals
63
Overall
71
Fundamental
55
Technical
Risks (4)
TOO MUCH PUBLIC HOLDING! 47.87% public ownership - higher volatility risk.
POOR YEAR! Stock declined 21.6% in the last year.
WEAK POSITION! Current price (1292.0) is below both moving averages.
LOWER HALF! Trading at 31.5% of 52W range - weakness visible.
Strengths (4)
EXCELLENT EFFICIENCY! 36.8% profit margin - company keeps strong profits.
BULLISH TREND! 50-day average (1340.4) is above 200-day average (1306.2) - positive signal.
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 1,118,782 vs down days: 1,047,289. Ratio: 1.07x
Fundamental & Technical Analysis
63Overall
71Fundamental
55Technical
Fundamental Breakdown
Growth Quality
28/30
Revenue CAGR: 27.3% (EXCELLENT, 15/15). Profit CAGR: 18.2% (VERY GOOD, 13/15).
Profit Margin
10/10
EXCELLENT EFFICIENCY! 36.8% profit margin - company keeps strong profits.
PEG Valuation
3/10
OVERVALUED! PEG of 3.16 means expensive relative to growth rate.
Dividend Yield
5/10
LOW DIVIDEND! 1.01% yield - minimal income contribution.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
5/20
TOO MUCH PUBLIC HOLDING! 47.87% public ownership - higher volatility risk.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
10/10
BULLISH TREND! 50-day average (1340.4) is above 200-day average (1306.2) - positive signal.
Price Position
2/10
WEAK POSITION! Current price (1292.0) is below both moving averages.
Trend Pattern
10/20
Current trend: CONSOLIDATING DOWN
52W Performance
1/10
POOR YEAR! Stock declined 21.6% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 1,118,782 vs down days: 1,047,289. Ratio: 1.07x
RSI
3/5
NEUTRAL! RSI at 46.8 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 31.5% of 52W range - weakness visible.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 2.3% (1 week), -5.0% (1 month), -10.3% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
CDSL
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-07 | Concall PDF | |
| Q4FY262026-05-07 | Concall PDF | |
| Q3FY262026-02-06 | Concall PDF | |
| Q2FY262025-11-06 | Concall PDF |
Peer Comparison
Financial Services · Capital Markets · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CDSL | ₹1,292.00 | 57.6 | 36.8% | 27.3% | 18.2% | -21.6% | 63 | CONSOLIDATING DOWN | +14.7% | +46.5% | +13.1% | +11.4% |
| ANGELONE | ₹310.00 | 29 | 20.7% | 20.3% | 0.9% | +21.4% | 65 | BREAKOUT | +102.1% | -27.7% | +25.6% | -2.1% |
| AIIL | ₹544.40 | 22.1 | 82.1% | 44.4% | -23.5% | -12.3% | 66 | APPROACHING RESISTANCE | +17.8% | +1,757.0% | +20.9% | +373.0% |
| MOTILALOFS | ₹1,068.90 | 33.9 | 23.0% | 29.1% | 26.1% | +2.7% | 74 | APPROACHING RESISTANCE | +9.6% | -675.3% | +38.6% | -31.3% |
| GROWW | ₹193.80 | 49.8 | 45.4% | 19.2% | – | +46.5% | – | HIT RESISTANCE | +94.2% | +7.1% | +66.0% | -0.3% |
| CHOICEIN | ₹735.70 | 65.3 | 20.2% | 42.3% | 53.6% | -12.5% | 73 | APPROACHING SUPPORT | +22.9% | -8.3% | +32.1% | +1.0% |
| JMFINANCIL | ₹120.40 | 11 | 30.9% | 19.1% | 26.3% | -31.9% | 63 | APPROACHING SUPPORT | -35.7% | +76.5% | -10.3% | +33.1% |
| IIFLCAPS | ₹342.90 | 19.8 | 24.5% | 19.9% | 30.9% | +5.0% | 73 | APPROACHING RESISTANCE | +5.0% | +60.5% | -0.9% | -2.5% |
Data from TradeAlone · Updated daily
CDSL News
Central Depository Services (india) Limited (NSE: CDSL) Q1 FY26: Consolidated Income and Net Profit Surge 27% and 47% Respectively2026-08-01Central Depository Services (India) Limited (NSE: CDSL) clears resistance, moves up 5% intraday2026-07-10Central Depository Services (India) Limited (NSE: CDSL) clears resistance, moves up 5% intraday2026-06-18Central Depository Services (India) Limited (NSE: CDSL) clears resistance, moves up 5% intraday2026-06-18Central Depository Services (India) Limited (NSE: CDSL) breaks out, gains 5% intraday2026-06-18Central Depository Services (India) Limited (NSE: CDSL) clears resistance, moves up 6% intraday2026-06-18Central Depository Services (India) Limited (NSE: CDSL) clears resistance, moves up 5% intraday2026-06-18Central Depository Services (India) Limited (NSE: CDSL) breaks out, moves up 6% intraday2026-06-18Central Depository Services (India) Limited (NSE: CDSL) breaks out, gains 6% intraday2026-06-18Central Depository Services (India) Limited (NSE: CDSL) clears resistance, gains 6% intraday2026-06-18Central Depository Services (India) Limited (NSE: CDSL) breaks out, moves up 7% intraday2026-06-18CDSL reports 11% YoY growth in FY26 total income2026-05-02
