Analyst Rating
based on 9 analysts
33.33%
Buy
44.44%
Hold
22.22%
Sell
Based on 9 analysts offering long term price targets for Central Depository Services (India) Ltd. An average target of ₹1139.72
Source: S&P Global Market Intelligence
Central Depository Services (India) Ltd Share analysis
Central Depository Services (India) Ltd price forecast by 9 analysts
Downside of
High
₹1325
Target
₹1139.72
Low
₹925
Central Depository Services (India) Ltd target price ₹1139.72, a slight downside of -24.23% compared to current price of ₹1511.1. According to 9 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Central Depository Services (India) Ltd revenue growth forecast
Expected growth rate Q1, FY2026:46.62%
Forecast
Actual
Including amortisation and stock based compensations
Central Depository Services (India) Ltd EPS growth forecast
EPS estimate Q1, FY2026:42.22%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,475.05₹1,568.352 Week's Low
52 Week's High
₹631₹1,664.4
| Returns % | |
| 1 Month Return | + 4.59 % |
| 3 Month Return | + 46.63 % |
| 1 Year Return | + 130.22 % |
| Market Stats | |
| Previous Close | ₹1,504.15 |
| Open | ₹1,525.00 |
| Volume | 69.08L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹31,436.74Cr |
Key Statistics
| P/E Ratio | 65.53 |
| PEG Ratio | 7.28 |
| Market Cap | ₹31,436.74 Cr |
| P/B Ratio | 15.42 |
| EPS | 20.0751003755019 |
| Dividend Yield | 1.29 |
| Sector | Financial Services |
| ROE | 34.18 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹31,436.74 Cr | 286.19% | 0.51 | ₹419 Cr | ₹812 Cr | |
| BUY | ₹22,305.96 Cr | 44.59% | 0.57 | ₹350 Cr | ₹1,136 Cr | |
| BUY | ₹29,616.21 Cr | 107.78% | 0.52 | ₹83 Cr | ₹683 Cr | |
| BUY | ₹23,581.10 Cr | 169.72% | 0.73 | ₹1,125 Cr | ₹4,272 Cr | |
| BUY | ₹52,744.66 Cr | 411.4% | 0.50 | ₹771 Cr | ₹1,592 Cr |
Company Information
CDSL primarily operates within India, serving a vast network of depository participants, clearing corporations, stock exchanges, and issuers. The company does not have specific sub-brands but provides various value-added services like e-voting and e-KYC. A notable fact about CDSL is that it is the first depository in India to have more than four crore (40 million) active demat accounts. Another key fact is that CDSL plays a vital role in enhancing the transparency and security of the securities market, contributing significantly to the growth of the Indian capital market.
Share Price: ₹1511.10 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹31,436.74Cr as of today
Revenue: ₹257.39Cr as on June 2024 (Q2 24)
Net Profit: ₹134.17Cr as on June 2024 (Q2 24)
Listing date: 30 Jun, 2017
Chairperson Name: Balkrishna Vinayak Chaubal
| Organisation | Central Depository Services (India) Ltd |
| Headquarters | Mumbai |
| Industry | Financial Services |
| E-voting on shares | Click here to vote |
Key events for Central Depository Services (India) Ltd
CDSL Appoints Nehal Vora as New MD & CEO - 16 Sep, 2024
Central Depository Services (India) Ltd announced the appointment of Nehal Vora as MD & CEO, effective September 18, 2024, leading to a 2.40% stock gain.
Nehal Vora Appointed as CDSL MD & CEO - 14 Sep, 2024
Central Depository Services (India) Ltd has appointed Nehal Vora as the managing director and chief executive officer for a five-year term starting September 18, 2024.
Nehal Vora Reappointed as CDSL CEO for Five Years - 13 Sep, 2024
Nehal Vora has been reappointed as the managing director and CEO of Central Depository Services (India) Ltd for a second five-year term, effective September 18, 2024. His leadership has seen CDSL manage over 130 million demat accounts.
CDSL Reports Strong Q1 FY25 Financial Performance - 05 Sep, 2024
CDSL Ltd's share price rose 0.7% to Rs.1,430. The company reported a 71.33% increase in revenue to Rs.257 crore and an 81.08% rise in profit after tax to Rs.134 crore for Q1 FY25, showcasing strong financial health with a 51.6% net profit margin.
CDSL Shares Surge Despite Recent Decline - 02 Sep, 2024
CDSL shares rose 160% from a 52-week low, reaching Rs 1,435, but fell nearly 7% after turning ex-bonus. The company reported an 82% rise in net profit for Q1 2024.
SEBI Approves Nehal Vora as New MD & CEO - 30 Aug, 2024
The Securities and Exchange Board of India (SEBI) has approved the appointment of Nehal Vora as the Managing Director and Chief Executive Officer of Central Depository Services (India). This decision marks a significant leadership change for the company.
Nehal Vora Appointed as CDSL's New MD and CEO - 29 Aug, 2024
Central Depository Services (CDSL) received SEBI's approval for Nehal Vora as MD and CEO, marking a strategic leadership change. Vora aims to enhance depository services.
CDSL Settles with Sebi, Faces Downgrade by ICICI - 28 Aug, 2024
Central Depository Services Limited settled with Sebi for Rs 1.3 crore over regulatory violations. ICICI Securities downgraded CDSL to 'reduce' due to high valuations, raising the target price to Rs 1,320, indicating a potential decline from current levels.
CDSL Settles Sebi Violations, Faces Downgrade - 27 Aug, 2024
Central Depository Services Ltd. has settled regulatory violations with Sebi for Rs 1.3 crore. Meanwhile, ICICI Securities downgraded its rating to 'Reduce' due to high valuations, indicating a potential downside of 14%.
CDSL Board Approves 1:1 Bonus Share Issue - 26 Aug, 2024
CDSL's Board approved a 1:1 bonus share issue for 10.45 crore shares, doubling the paid-up equity capital to ₹209 crore. Eligible shareholders will receive one additional share for each existing share held. Despite the announcement, CDSL shares were down 1.33% on August 26, trading at ₹1,547.70.
CDSL Shares Surge on Bonus Issue Announcement - 23 Aug, 2024
CDSL shares experienced significant gains on August 23, 2024, as the stock turned ex-bonus for a 1:1 share issuance. The stock reached new highs, buoyed by strong financial performance and market share growth in demat accounts.
CDSL Announces Bonus Shares and Market Gains - 22 Aug, 2024
Central Depository Services (India) Ltd. has announced a 1:1 bonus share issue, with the record date set for August 24, 2024. The stock has gained 28% in the past month, reflecting positive market sentiment ahead of the bonus issue.
CDSL Reports Strong Earnings, Stock Rally Justified - 20 Aug, 2024
Central Depository Services (India) Ltd (CDSL) showcased robust earnings in Q1FY25, highlighting scalability in new businesses. The stock has more than doubled since September 2023, reflecting strong financials and high earnings visibility.
CDSL Board Approves 1:1 Bonus Share Issue - 19 Aug, 2024
Central Depository Services (India) Ltd. shares reached an all-time high after the board approved a 1:1 bonus share issue, with key dates set for August 2024.
Central Depository Services Announces 1:1 Bonus Issue - 18 Aug, 2024
Central Depository Services (India) Limited has declared a 1:1 bonus issue, with the ex-date set for August 23, 2024, doubling shareholders' shares.
Insights on Central Depository Services (India) Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 14.00% to 14.03% in Aug 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 107.42 Cr → 134.2 Cr (in ₹), with an average increase of 10.3% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 46.09% to 46.79% in Aug 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, CDSL stock has moved up by 9.1%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 6 quarters, 143.82 Cr → 287.4 Cr (in ₹), with an average increase of 12.6% per quarter
NO EFFECTAgainst Peers
In the last 3 years, BSE Ltd has given 909.5% return, outperforming this stock by 776.8%
- NO EFFECT
Against Peers
In the last 1 year, Multi Commodity Exchange of India Ltd has given 237.7% return, outperforming this stock by 107.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 15.00% of holdings in Aug 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 15.88% to 15.85% in Aug 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 15% | 0.00 | |
| Foreign Institutions | 14.03% | 0.26 | |
| Mutual Funds | 15.85% | ||
| Retail Investors | 46.79% | 1.54 | |
| Others | 8.32% |
Key Indicators
Central Depository Services (India) Ltd Valuation
Central Depository Services (India) Ltd in the last 5 years
Lowest (8.27x)
August 23, 2019
Today (65.53x)
September 18, 2024
Industry (99.14x)
September 18, 2024
Highest (73.67x)
July 19, 2021
Earnings and Dividends
Central Depository Services (India) Ltd Earnings Results
Central Depository Services (India) Ltd’s net profit jumped 82.41% since last year same period to ₹134.20Cr in the Q1 2024-2025. On a quarterly growth basis, Central Depository Services (India) Ltd has generated 3.82% jump in its net profits since last 3-months.
Read More about Earnings ResultsCentral Depository Services (India) Ltd Dividends May,2024
In the quarter ending March 2024, Central Depository Services (India) Ltd has declared dividend of ₹3 - translating a dividend yield of 1.46%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Central Depository Services (India) Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Central Depository Services (India) Ltd shares.
Central Depository Services (India) Ltd (CDSL) share price today is ₹1511.1
Central Depository Services (India) Ltd is listed on NSE
Central Depository Services (India) Ltd is not listed on BSE
- Today’s highest price of Central Depository Services (India) Ltd is ₹1568.3.
- Today’s lowest price of Central Depository Services (India) Ltd is ₹1475.05.
PE Ratio of Central Depository Services (India) Ltd is 65.53
PE ratio = Central Depository Services (India) Ltd Market price per share / Central Depository Services (India) Ltd Earnings per share
Today’s traded volume of Central Depository Services (India) Ltd(CDSL) is 69.08L.
Today’s market capitalisation of Central Depository Services (India) Ltd(CDSL) is ₹31436.74Cr.
| Central Depository Services (India) Ltd(CDSL | Price |
|---|---|
52 Week High | ₹1664.4 |
52 Week Low | ₹631 |
Central Depository Services (India) Ltd(CDSL) share price is ₹1511.1. It is down -9.21% from its 52 Week High price of ₹1664.4
Central Depository Services (India) Ltd(CDSL) share price is ₹1511.1. It is up 139.48% from its 52 Week Low price of ₹631
| Central Depository Services (India) Ltd(CDSL | Returns |
|---|---|
1 Day Returns | 6.95% |
1 Month Returns | 4.59% |
3 Month Returns | 46.63% |
1 Year Returns | 130.22% |