Share Price and Basic Stock Data
Last Updated: December 23, 2025, 7:47 am
| PEG Ratio | 7.68 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Central Depository Services (India) Ltd (CDSL) operates in the services sector, focusing on the financial services market. For the fiscal year ending March 2025, CDSL reported sales of ₹1,082 Cr, up from ₹812 Cr in March 2024, marking a significant growth trajectory. Over the past decade, the company’s sales have consistently increased from ₹89 Cr in March 2014, demonstrating a compounded annual growth rate (CAGR) that reflects robust demand for its services. The company’s quarterly sales figures for June 2023 at ₹150 Cr and September 2023 at ₹207 Cr indicate a strong upward trend, with December 2023 expected to maintain this momentum at ₹214 Cr. The operating profit margin (OPM) stood at 58% for March 2025, showcasing operational efficiency. Overall, the revenue growth aligns with the increasing penetration of electronic securities and the growing investor base in the Indian capital markets.
Profitability and Efficiency Metrics
CDSL’s profitability metrics indicate a strong performance, with a net profit of ₹526 Cr for the fiscal year ending March 2025. This figure marks an increase from ₹420 Cr in March 2024, reflecting effective cost management and revenue generation strategies. The operating profit margin (OPM) for March 2025 was reported at 58%, slightly lower than the previous year’s 60%, yet still indicative of a highly profitable operation. The return on equity (ROE) for the company stood at 32.7%, while the return on capital employed (ROCE) was at 42%, both of which are significantly higher than typical sector averages, indicating efficient capital utilization. Additionally, the interest coverage ratio (ICR) stood at an impressive 7391.30x, underscoring the company’s strong ability to meet its interest obligations despite minimal borrowing, which remained at ₹2 Cr.
Balance Sheet Strength and Financial Ratios
CDSL’s balance sheet reflects considerable strength with total reserves reported at ₹1,534 Cr as of March 2025, up from ₹1,359 Cr in March 2024. This growth in reserves is indicative of the company’s solid profit retention strategy. The total liabilities stood at ₹2,162 Cr, with borrowings remaining minimal at ₹2 Cr, positioning the company favorably in terms of financial leverage. The company’s price-to-book value (P/BV) ratio was reported at 14.49x, suggesting a premium valuation compared to typical sector ranges. Furthermore, the current and quick ratios both stood at 3.48, indicating strong liquidity. The enterprise value (EV) of ₹25,368.39 Cr relative to net operating revenue reflects a healthy valuation, supporting investor confidence in the company’s financial stability.
Shareholding Pattern and Investor Confidence
CDSL’s shareholding pattern reveals a diverse ownership structure, with public shareholders holding 59.28% as of September 2025, while promoters hold 15%. Foreign institutional investors (FIIs) accounted for 11.54%, and domestic institutional investors (DIIs) comprised 14.18%, showcasing a balanced mix of institutional and retail investor participation. Notably, the public shareholding has steadily increased from 45.71% in December 2022, indicating growing retail interest. The increase in the number of shareholders to 15,12,183 as of September 2025 further underscores rising investor confidence. However, the declining promoter shareholding from 20% in December 2022 to 15% raises questions regarding long-term commitment, which could influence market perceptions and stability.
Outlook, Risks, and Final Insight
Looking ahead, CDSL is well-positioned to benefit from the growth of the Indian financial services market, driven by increasing digital adoption and investor participation. The company’s strong profitability metrics and efficient capital management provide a solid foundation for future growth. However, CDSL faces risks including potential regulatory changes in the financial sector and competition from new entrants offering alternative services. Additionally, the decline in promoter shareholding may impact investor sentiment if perceived negatively. Overall, CDSL’s robust operational performance and sound financial health suggest a positive outlook, contingent upon maintaining investor confidence and navigating sector challenges effectively.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| IMEC Services Ltd | 50.2 Cr. | 264 | 448/54.2 | 2.04 | 138 | 0.00 % | 177 % | 177 % | 10.0 |
| Focus Business Solution Ltd | 103 Cr. | 142 | 142/50.6 | 87.6 | 11.1 | 0.04 % | 15.5 % | 12.4 % | 10.0 |
| EKI Energy Services Ltd | 266 Cr. | 96.0 | 302/82.4 | 34.4 | 154 | 2.08 % | 3.93 % | 3.46 % | 10.0 |
| CMS Info Systems Ltd | 5,753 Cr. | 350 | 541/340 | 17.9 | 135 | 1.87 % | 21.8 % | 15.7 % | 10.0 |
| Ashram Online.Com Ltd | 6.50 Cr. | 5.42 | 6.48/4.11 | 10.5 | 0.00 % | 0.32 % | 0.57 % | 10.0 | |
| Industry Average | 11,246.73 Cr | 561.49 | 38.04 | 147.49 | 0.61% | 21.57% | 19.94% | 8.65 |
All Competitor Stocks of Central Depository Services (India) Ltd
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 140 | 149 | 141 | 125 | 150 | 207 | 214 | 241 | 257 | 322 | 278 | 224 | 259 |
| Expenses | 66 | 58 | 57 | 56 | 70 | 79 | 84 | 93 | 103 | 122 | 117 | 115 | 129 |
| Operating Profit | 75 | 91 | 85 | 68 | 80 | 128 | 130 | 148 | 154 | 200 | 161 | 109 | 130 |
| OPM % | 53% | 61% | 60% | 55% | 53% | 62% | 61% | 61% | 60% | 62% | 58% | 49% | 50% |
| Other Income | 6 | 21 | 20 | 19 | 24 | 23 | 21 | 29 | 30 | 37 | 21 | 32 | 36 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 4 | 5 | 5 | 5 | 6 | 6 | 7 | 8 | 10 | 12 | 13 | 14 | 15 |
| Profit before tax | 77 | 107 | 99 | 82 | 98 | 145 | 145 | 168 | 175 | 225 | 168 | 127 | 151 |
| Tax % | 25% | 25% | 25% | 23% | 25% | 25% | 26% | 23% | 23% | 28% | 23% | 21% | 32% |
| Net Profit | 58 | 80 | 75 | 63 | 74 | 109 | 107 | 129 | 134 | 162 | 130 | 100 | 102 |
| EPS in Rs | 2.76 | 3.85 | 3.57 | 3.02 | 3.52 | 5.21 | 5.14 | 6.18 | 6.42 | 7.75 | 6.22 | 4.80 | 4.90 |
Last Updated: August 1, 2025, 10:50 pm
Below is a detailed analysis of the quarterly data for Central Depository Services (India) Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 259.00 Cr.. The value appears strong and on an upward trend. It has increased from 224.00 Cr. (Mar 2025) to 259.00 Cr., marking an increase of 35.00 Cr..
- For Expenses, as of Jun 2025, the value is 129.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 115.00 Cr. (Mar 2025) to 129.00 Cr., marking an increase of 14.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 130.00 Cr.. The value appears strong and on an upward trend. It has increased from 109.00 Cr. (Mar 2025) to 130.00 Cr., marking an increase of 21.00 Cr..
- For OPM %, as of Jun 2025, the value is 50.00%. The value appears strong and on an upward trend. It has increased from 49.00% (Mar 2025) to 50.00%, marking an increase of 1.00%.
- For Other Income, as of Jun 2025, the value is 36.00 Cr.. The value appears strong and on an upward trend. It has increased from 32.00 Cr. (Mar 2025) to 36.00 Cr., marking an increase of 4.00 Cr..
- For Interest, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Depreciation, as of Jun 2025, the value is 15.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 14.00 Cr. (Mar 2025) to 15.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 151.00 Cr.. The value appears strong and on an upward trend. It has increased from 127.00 Cr. (Mar 2025) to 151.00 Cr., marking an increase of 24.00 Cr..
- For Tax %, as of Jun 2025, the value is 32.00%. The value appears to be increasing, which may not be favorable. It has increased from 21.00% (Mar 2025) to 32.00%, marking an increase of 11.00%.
- For Net Profit, as of Jun 2025, the value is 102.00 Cr.. The value appears strong and on an upward trend. It has increased from 100.00 Cr. (Mar 2025) to 102.00 Cr., marking an increase of 2.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 4.90. The value appears strong and on an upward trend. It has increased from 4.80 (Mar 2025) to 4.90, marking an increase of 0.10.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:31 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 89 | 105 | 123 | 146 | 188 | 196 | 225 | 344 | 551 | 555 | 812 | 1,082 | 1,080 |
| Expenses | 56 | 60 | 59 | 67 | 77 | 87 | 136 | 132 | 186 | 236 | 324 | 457 | 504 |
| Operating Profit | 33 | 45 | 64 | 79 | 110 | 109 | 89 | 212 | 365 | 319 | 488 | 625 | 576 |
| OPM % | 37% | 43% | 52% | 54% | 59% | 56% | 40% | 62% | 66% | 57% | 60% | 58% | 53% |
| Other Income | 35 | 23 | 72 | 41 | 38 | 49 | 59 | 57 | 55 | 66 | 95 | 119 | 112 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 6 | 4 | 4 | 7 | 10 | 12 | 9 | 11 | 19 | 27 | 49 | 59 |
| Profit before tax | 62 | 63 | 131 | 117 | 141 | 148 | 136 | 260 | 409 | 365 | 556 | 695 | 629 |
| Tax % | 21% | 31% | 31% | 26% | 27% | 23% | 22% | 22% | 24% | 24% | 25% | 24% | |
| Net Profit | 50 | 43 | 91 | 87 | 104 | 115 | 107 | 201 | 312 | 276 | 420 | 526 | 473 |
| EPS in Rs | 2.36 | 2.09 | 4.35 | 4.10 | 4.94 | 5.43 | 5.08 | 9.59 | 14.89 | 13.20 | 20.05 | 25.20 | 22.63 |
| Dividend Payout % | 42% | 53% | 29% | 37% | 35% | 37% | 44% | 47% | 50% | 61% | 55% | 50% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -14.00% | 111.63% | -4.40% | 19.54% | 10.58% | -6.96% | 87.85% | 55.22% | -11.54% | 52.17% | 25.24% |
| Change in YoY Net Profit Growth (%) | 0.00% | 125.63% | -116.02% | 23.94% | -8.96% | -17.53% | 94.81% | -32.63% | -66.76% | 63.71% | -26.94% |
Central Depository Services (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 37% |
| 3 Years: | 25% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 38% |
| 3 Years: | 19% |
| TTM: | 3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 45% |
| 3 Years: | 33% |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 29% |
| 3 Years: | 30% |
| Last Year: | 33% |
Last Updated: September 5, 2025, 1:40 am
Balance Sheet
Last Updated: December 4, 2025, 1:05 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 209 | 209 |
| Reserves | 249 | 265 | 375 | 429 | 494 | 564 | 619 | 773 | 988 | 1,109 | 1,359 | 1,551 | 1,534 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 3 | 2 |
| Other Liabilities | 101 | 122 | 74 | 73 | 92 | 116 | 138 | 207 | 232 | 241 | 317 | 399 | 639 |
| Total Liabilities | 455 | 491 | 553 | 606 | 690 | 784 | 862 | 1,084 | 1,326 | 1,457 | 1,781 | 2,162 | 2,384 |
| Fixed Assets | 10 | 7 | 4 | 5 | 76 | 75 | 74 | 73 | 106 | 125 | 342 | 446 | 456 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23 | 4 | 174 | 4 | 7 | 12 |
| Investments | 375 | 389 | 457 | 503 | 521 | 593 | 665 | 709 | 925 | 937 | 1,149 | 1,351 | 1,447 |
| Other Assets | 70 | 95 | 92 | 98 | 93 | 115 | 123 | 278 | 290 | 221 | 287 | 357 | 470 |
| Total Assets | 455 | 491 | 553 | 606 | 690 | 784 | 862 | 1,084 | 1,326 | 1,457 | 1,781 | 2,162 | 2,384 |
Below is a detailed analysis of the balance sheet data for Central Depository Services (India) Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 209.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 209.00 Cr..
- For Reserves, as of Sep 2025, the value is 1,534.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,551.00 Cr. (Mar 2025) to 1,534.00 Cr., marking a decrease of 17.00 Cr..
- For Borrowings, as of Sep 2025, the value is 2.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 3.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 1.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 639.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 399.00 Cr. (Mar 2025) to 639.00 Cr., marking an increase of 240.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 2,384.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,162.00 Cr. (Mar 2025) to 2,384.00 Cr., marking an increase of 222.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 456.00 Cr.. The value appears strong and on an upward trend. It has increased from 446.00 Cr. (Mar 2025) to 456.00 Cr., marking an increase of 10.00 Cr..
- For CWIP, as of Sep 2025, the value is 12.00 Cr.. The value appears strong and on an upward trend. It has increased from 7.00 Cr. (Mar 2025) to 12.00 Cr., marking an increase of 5.00 Cr..
- For Investments, as of Sep 2025, the value is 1,447.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,351.00 Cr. (Mar 2025) to 1,447.00 Cr., marking an increase of 96.00 Cr..
- For Other Assets, as of Sep 2025, the value is 470.00 Cr.. The value appears strong and on an upward trend. It has increased from 357.00 Cr. (Mar 2025) to 470.00 Cr., marking an increase of 113.00 Cr..
- For Total Assets, as of Sep 2025, the value is 2,384.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,162.00 Cr. (Mar 2025) to 2,384.00 Cr., marking an increase of 222.00 Cr..
Notably, the Reserves (1,534.00 Cr.) exceed the Borrowings (2.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 33.00 | 45.00 | 64.00 | 79.00 | 110.00 | 109.00 | 89.00 | 212.00 | 365.00 | 317.00 | 487.00 | 622.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 25 | 24 | 39 | 33 | 37 | 36 | 42 | 25 | 30 | 25 | 30 | 18 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 25 | 24 | 39 | 33 | 37 | 36 | 42 | 25 | 30 | 25 | 30 | 18 |
| Working Capital Days | -223 | -253 | -100 | -79 | -92 | -79 | -85 | -111 | -75 | -45 | -22 | -57 |
| ROCE % | 12% | 14% | 22% | 22% | 24% | 22% | 18% | 31% | 40% | 30% | 40% | 42% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Nippon India Small Cap Fund | 2,539,226 | 0.6 | 410.64 | 2,014,859 | 2025-12-08 01:09:22 | 26.02% |
| Parag Parikh Flexi Cap Fund | 2,264,603 | 0.28 | 366.23 | 4,799,727 | 2025-12-08 01:09:22 | -52.82% |
| Axis Small Cap Fund | 1,309,794 | 0.79 | 211.82 | N/A | N/A | N/A |
| Canara Robeco Large and Mid Cap Fund | 806,149 | 0.5 | 130.37 | N/A | N/A | N/A |
| Invesco India Smallcap Fund | 613,999 | 1.1 | 99.3 | 400,492 | 2025-12-08 01:09:22 | 53.31% |
| Mahindra Manulife Small Cap Fund | 523,000 | 2 | 84.58 | N/A | N/A | N/A |
| SBI Conservative Hybrid Fund | 407,000 | 0.66 | 65.82 | N/A | N/A | N/A |
| Edelweiss Small Cap Fund | 386,315 | 1.17 | 62.47 | 302,890 | 2025-12-14 05:03:58 | 27.54% |
| Invesco India Financial Services Fund | 381,194 | 3.88 | 61.65 | N/A | N/A | N/A |
| Baroda BNP Paribas Multi Cap Fund | 375,000 | 1.93 | 60.65 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 25.20 | 40.11 | 26.41 | 29.78 | 19.17 |
| Diluted EPS (Rs.) | 25.20 | 40.11 | 26.41 | 29.78 | 19.17 |
| Cash EPS (Rs.) | 27.40 | 42.86 | 28.70 | 31.07 | 20.14 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 84.23 | 144.23 | 120.30 | 108.74 | 88.04 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 84.23 | 144.23 | 120.30 | 108.74 | 88.04 |
| Revenue From Operations / Share (Rs.) | 51.78 | 77.73 | 53.12 | 52.76 | 32.89 |
| PBDIT / Share (Rs.) | 35.47 | 55.93 | 37.24 | 40.33 | 25.72 |
| PBIT / Share (Rs.) | 33.13 | 53.32 | 35.38 | 39.23 | 24.84 |
| PBT / Share (Rs.) | 33.12 | 53.31 | 35.37 | 39.23 | 24.83 |
| Net Profit / Share (Rs.) | 25.06 | 40.25 | 26.83 | 29.97 | 19.26 |
| NP After MI And SOA / Share (Rs.) | 25.20 | 40.10 | 26.41 | 29.78 | 19.17 |
| PBDIT Margin (%) | 68.50 | 71.95 | 70.11 | 76.43 | 78.18 |
| PBIT Margin (%) | 63.97 | 68.59 | 66.60 | 74.35 | 75.51 |
| PBT Margin (%) | 63.96 | 68.58 | 66.58 | 74.35 | 75.50 |
| Net Profit Margin (%) | 48.39 | 51.78 | 50.51 | 56.81 | 58.55 |
| NP After MI And SOA Margin (%) | 48.66 | 51.59 | 49.71 | 56.44 | 58.28 |
| Return on Networth / Equity (%) | 29.91 | 28.64 | 22.73 | 28.47 | 22.83 |
| Return on Capital Employeed (%) | 37.51 | 36.14 | 29.04 | 35.65 | 28.06 |
| Return On Assets (%) | 24.35 | 23.52 | 18.93 | 23.47 | 18.48 |
| Asset Turnover Ratio (%) | 0.54 | 0.50 | 0.39 | 0.39 | 0.31 |
| Current Ratio (X) | 3.48 | 3.33 | 3.56 | 5.16 | 5.06 |
| Quick Ratio (X) | 3.48 | 3.33 | 3.56 | 5.16 | 5.06 |
| Dividend Payout Ratio (NP) (%) | 43.65 | 39.89 | 56.80 | 30.22 | 23.47 |
| Dividend Payout Ratio (CP) (%) | 39.93 | 37.46 | 53.06 | 29.14 | 22.44 |
| Earning Retention Ratio (%) | 56.35 | 60.11 | 43.20 | 69.78 | 76.53 |
| Cash Earning Retention Ratio (%) | 60.07 | 62.54 | 46.94 | 70.86 | 77.56 |
| Interest Coverage Ratio (X) | 7391.30 | 5308.25 | 2915.29 | 42568.88 | 11684.65 |
| Interest Coverage Ratio (Post Tax) (X) | 5222.20 | 3821.50 | 2101.25 | 31639.39 | 8751.75 |
| Enterprise Value (Cr.) | 25368.39 | 17880.86 | 9416.34 | 15307.19 | 6690.82 |
| EV / Net Operating Revenue (X) | 23.44 | 22.01 | 16.96 | 27.76 | 19.47 |
| EV / EBITDA (X) | 34.22 | 30.59 | 24.19 | 36.32 | 24.90 |
| MarketCap / Net Operating Revenue (X) | 23.56 | 22.02 | 17.11 | 28.06 | 19.95 |
| Retention Ratios (%) | 56.34 | 60.10 | 43.19 | 69.77 | 76.52 |
| Price / BV (X) | 14.49 | 12.23 | 7.82 | 14.15 | 7.82 |
| Price / Net Operating Revenue (X) | 23.56 | 22.03 | 17.11 | 28.06 | 19.95 |
| EarningsYield | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
After reviewing the key financial ratios for Central Depository Services (India) Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 25.20. This value is within the healthy range. It has decreased from 40.11 (Mar 24) to 25.20, marking a decrease of 14.91.
- For Diluted EPS (Rs.), as of Mar 25, the value is 25.20. This value is within the healthy range. It has decreased from 40.11 (Mar 24) to 25.20, marking a decrease of 14.91.
- For Cash EPS (Rs.), as of Mar 25, the value is 27.40. This value is within the healthy range. It has decreased from 42.86 (Mar 24) to 27.40, marking a decrease of 15.46.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 84.23. It has decreased from 144.23 (Mar 24) to 84.23, marking a decrease of 60.00.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 84.23. It has decreased from 144.23 (Mar 24) to 84.23, marking a decrease of 60.00.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 51.78. It has decreased from 77.73 (Mar 24) to 51.78, marking a decrease of 25.95.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 35.47. This value is within the healthy range. It has decreased from 55.93 (Mar 24) to 35.47, marking a decrease of 20.46.
- For PBIT / Share (Rs.), as of Mar 25, the value is 33.13. This value is within the healthy range. It has decreased from 53.32 (Mar 24) to 33.13, marking a decrease of 20.19.
- For PBT / Share (Rs.), as of Mar 25, the value is 33.12. This value is within the healthy range. It has decreased from 53.31 (Mar 24) to 33.12, marking a decrease of 20.19.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 25.06. This value is within the healthy range. It has decreased from 40.25 (Mar 24) to 25.06, marking a decrease of 15.19.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 25.20. This value is within the healthy range. It has decreased from 40.10 (Mar 24) to 25.20, marking a decrease of 14.90.
- For PBDIT Margin (%), as of Mar 25, the value is 68.50. This value is within the healthy range. It has decreased from 71.95 (Mar 24) to 68.50, marking a decrease of 3.45.
- For PBIT Margin (%), as of Mar 25, the value is 63.97. This value exceeds the healthy maximum of 20. It has decreased from 68.59 (Mar 24) to 63.97, marking a decrease of 4.62.
- For PBT Margin (%), as of Mar 25, the value is 63.96. This value is within the healthy range. It has decreased from 68.58 (Mar 24) to 63.96, marking a decrease of 4.62.
- For Net Profit Margin (%), as of Mar 25, the value is 48.39. This value exceeds the healthy maximum of 10. It has decreased from 51.78 (Mar 24) to 48.39, marking a decrease of 3.39.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 48.66. This value exceeds the healthy maximum of 20. It has decreased from 51.59 (Mar 24) to 48.66, marking a decrease of 2.93.
- For Return on Networth / Equity (%), as of Mar 25, the value is 29.91. This value is within the healthy range. It has increased from 28.64 (Mar 24) to 29.91, marking an increase of 1.27.
- For Return on Capital Employeed (%), as of Mar 25, the value is 37.51. This value is within the healthy range. It has increased from 36.14 (Mar 24) to 37.51, marking an increase of 1.37.
- For Return On Assets (%), as of Mar 25, the value is 24.35. This value is within the healthy range. It has increased from 23.52 (Mar 24) to 24.35, marking an increase of 0.83.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.54. It has increased from 0.50 (Mar 24) to 0.54, marking an increase of 0.04.
- For Current Ratio (X), as of Mar 25, the value is 3.48. This value exceeds the healthy maximum of 3. It has increased from 3.33 (Mar 24) to 3.48, marking an increase of 0.15.
- For Quick Ratio (X), as of Mar 25, the value is 3.48. This value exceeds the healthy maximum of 2. It has increased from 3.33 (Mar 24) to 3.48, marking an increase of 0.15.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 43.65. This value is within the healthy range. It has increased from 39.89 (Mar 24) to 43.65, marking an increase of 3.76.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 39.93. This value is within the healthy range. It has increased from 37.46 (Mar 24) to 39.93, marking an increase of 2.47.
- For Earning Retention Ratio (%), as of Mar 25, the value is 56.35. This value is within the healthy range. It has decreased from 60.11 (Mar 24) to 56.35, marking a decrease of 3.76.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 60.07. This value is within the healthy range. It has decreased from 62.54 (Mar 24) to 60.07, marking a decrease of 2.47.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 7,391.30. This value is within the healthy range. It has increased from 5,308.25 (Mar 24) to 7,391.30, marking an increase of 2,083.05.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 5,222.20. This value is within the healthy range. It has increased from 3,821.50 (Mar 24) to 5,222.20, marking an increase of 1,400.70.
- For Enterprise Value (Cr.), as of Mar 25, the value is 25,368.39. It has increased from 17,880.86 (Mar 24) to 25,368.39, marking an increase of 7,487.53.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 23.44. This value exceeds the healthy maximum of 3. It has increased from 22.01 (Mar 24) to 23.44, marking an increase of 1.43.
- For EV / EBITDA (X), as of Mar 25, the value is 34.22. This value exceeds the healthy maximum of 15. It has increased from 30.59 (Mar 24) to 34.22, marking an increase of 3.63.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 23.56. This value exceeds the healthy maximum of 3. It has increased from 22.02 (Mar 24) to 23.56, marking an increase of 1.54.
- For Retention Ratios (%), as of Mar 25, the value is 56.34. This value is within the healthy range. It has decreased from 60.10 (Mar 24) to 56.34, marking a decrease of 3.76.
- For Price / BV (X), as of Mar 25, the value is 14.49. This value exceeds the healthy maximum of 3. It has increased from 12.23 (Mar 24) to 14.49, marking an increase of 2.26.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 23.56. This value exceeds the healthy maximum of 3. It has increased from 22.03 (Mar 24) to 23.56, marking an increase of 1.53.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Central Depository Services (India) Ltd:
- Net Profit Margin: 48.39%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 37.51% (Industry Average ROCE: 21.57%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 29.91% (Industry Average ROE: 19.94%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 5222.2
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 3.48
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 67.1 (Industry average Stock P/E: 38.04)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 48.39%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Services - Others | Unit No. A-2501, A-Wing, Marathon Futurex, Mumbai Maharashtra 400013 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Balkrishna V Chaubal | Chairperson & Public Interest Director |
| Mr. Nehal Vora | Managing Director & CEO |
| Mr. P Masil Jeya Mohan | Non Independent Director |
| Ms. Kamala Kantharaj | Non Independent Director |
| Prof. Umesh Bellur | Public Interest Director |
| Mr. Sidhartha Pradhan | Public Interest Director |
| Mrs. Rajeshree Sabnavis | Public Interest Director |
| Mr. Gurumoorthy Mahalingam | Public Interest Director |
| Prof. Varsha Apte | Public Interest Director |
| Mr. Bharat Vasani | Public Interest Director |
FAQ
What is the intrinsic value of Central Depository Services (India) Ltd?
Central Depository Services (India) Ltd's intrinsic value (as of 23 December 2025) is 1475.95 which is 2.83% lower the current market price of 1,519.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 31,741 Cr. market cap, FY2025-2026 high/low of 1,840/1,047, reserves of ₹1,534 Cr, and liabilities of 2,384 Cr.
What is the Market Cap of Central Depository Services (India) Ltd?
The Market Cap of Central Depository Services (India) Ltd is 31,741 Cr..
What is the current Stock Price of Central Depository Services (India) Ltd as on 23 December 2025?
The current stock price of Central Depository Services (India) Ltd as on 23 December 2025 is 1,519.
What is the High / Low of Central Depository Services (India) Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Central Depository Services (India) Ltd stocks is 1,840/1,047.
What is the Stock P/E of Central Depository Services (India) Ltd?
The Stock P/E of Central Depository Services (India) Ltd is 67.1.
What is the Book Value of Central Depository Services (India) Ltd?
The Book Value of Central Depository Services (India) Ltd is 83.4.
What is the Dividend Yield of Central Depository Services (India) Ltd?
The Dividend Yield of Central Depository Services (India) Ltd is 0.82 %.
What is the ROCE of Central Depository Services (India) Ltd?
The ROCE of Central Depository Services (India) Ltd is 42.0 %.
What is the ROE of Central Depository Services (India) Ltd?
The ROE of Central Depository Services (India) Ltd is 32.7 %.
What is the Face Value of Central Depository Services (India) Ltd?
The Face Value of Central Depository Services (India) Ltd is 10.0.