ALFA Finder| Revenue growth | Consolidated income up to ₹341 Cr from ₹295 Cr YoY. |
|---|---|
| Margins | Pressure from KYC price caps partially offset by higher fetch volumes. |
| Demand visibility | Strong retail participation; 58 lakh new demat accounts opened this quarter. |
| Management confidence | Balanced; focused on long-term infrastructure stability over quarterly fluctuations. |
Growth
Consolidated income grew to ₹341 Cr; standalone profit dipped slightly to ₹144 Cr vs ₹152 Cr YoY.
Outlook
CVL revenue of ₹50 Cr; 18.59 crore total demat accounts as of June 30, 2026.
Risks
Regulatory pricing pressure on KYC charges and increased technology/employee spending to maintain infrastructure resilience.
Last quarter's promises, checked
Delivered
- Guided 18.01cr demat accounts -> delivered 18.59cr (= BEAT)
- Guided platform readiness for large IPOs -> delivered supported 58L new accounts (= BEAT)
Partly delivered
- Guided technology spend to overtake human cost -> delivered higher tech opex but margins pressured (= PARTIAL)
Missed
- Guided CVL FY26 revenue INR 182cr -> delivered Q1 run-rate implies MISS due to 20-75% price cuts (= MISS)
Earnings Call Transcript filed with NSE, NSE: CDSL. Summary written with AI assistance from the document.
Central Depository Services (India) Ltd: key numbers
- Share price
- ₹1,446.50
- Market cap
- ₹30,232 Cr
- Revenue (annual)
- ₹1,145 Cr
- Net profit (annual)
- ₹456.1 Cr
- P/E (TTM)
- 59.9×Sector 20.8×
- Promoter holding
- 15.00%+0.00% QoQ
- FII holding
- 8.67%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Central Depository Services (India) Ltd
All →Central Depository Services (India) Business Update
CDSL received the Great Place to Work Certification for October 2026 to October 2027, recognizing its workplace culture. The award reflects employee trust, inclusion, and professional growth.
Central Depository Services (India) Earnings Call Transcript: Key Takeaways
CDSL reports strong performance driven by record IPO activity and persistent growth in demat account additions, hitting 19.34 crore accounts.
Central Depository Services (India) Investor Presentation: Key Takeaways
Q2 FY27 standalone operating income ₹339 Cr (+24.6% YoY), PAT ₹163 Cr (+27.3%), EBITDA ₹233 Cr (+30.2%). Consolidated PAT ₹173 Cr (+46.6%).
Central Depository Services (India) Results Update
CDSL's Q2 FY27 media release reports consolidated total income up 22% and net profit up 24% year-on-year. It highlights results for the quarter and half year.
Central Depository Services (India) Q2 FY27 Results: Net Profit ₹173.3 Cr, Up 23.9% YoY
Central Depository Services (India) Ltd reported revenue from operations of ₹394.5 Cr (+23.7% YoY) and net profit of ₹173.3 Cr (+23.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹173.3 Cr · +23.9% YoY
Central Depository Services (India) Legal & Regulatory
CDSL disclosed that SEBI imposed a penalty of Rs. 1,00,00,000 (Rs. 1 Crore) under Section 15HB for FY 2023-24 inspection observations on operational and IT matters. The company states no material financial impact beyond payment of the penalty.
- Value
- ₹1.00 Cr