Central Depository Services (India) Limited (IN:CDSL)
:CDSL
CDSL Stock Chart & Stats
₹1468.60
-₹36.35(-2.11%)
At close: 4:00 PM EST
₹1468.60
-₹36.35(-2.11%)
Day’s Range― - ―
52-Week Range₹1,079.90 - ₹1,828.90
Previous CloseN/A
Volume1.29M
Average Volume (3M)1.79M
Market Cap
₹236.96B
Enterprise Value₹236.14B
Total Cash (Recent Filing)₹9.63B
Total Debt (Recent Filing)₹38.98M
Price to Earnings (P/E)56.6
Beta2.03
Next Earnings
Apr 27, 2026EPS Estimate
7.29Next Dividend Ex-DateN/A
Dividend Yield0.82%
Share Statistics
EPS (TTM)6.40
Shares Outstanding209,000,000
10 Day Avg. Volume2,430,715
30 Day Avg. Volume1,785,811
Financial Highlights & Ratios
PEG Ratio1.85
Price to Book (P/B)14.21
Price to Sales (P/S)23.12
P/FCF Ratio64.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,377.50Price Target Upside-6.20% Downside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)24.11
Revenue Forecast (FY)₹11.83B
Bulls Say, Bears Say
Bulls Say
High ProfitabilityCDSL's very high net and gross margins indicate durable operational efficiency and pricing power in a low-capex, platform business. Persistent margin strength supports internal funding of initiatives, resilience through cyclical revenue swings, and the ability to sustain returns to shareholders over time.
Robust Revenue GrowthSustained top-line growth reflects expanding use of depository services and network scale. Durable revenue expansion across periods increases fee income visibility, supports operating leverage and platform investments, and underpins long-term market share gains in India's growing securities ecosystem.
Strong Balance Sheet & Cash FlowA very strong equity base, low leverage and high cash conversion mean the company has durable financial flexibility. High ROE and rising free cash flow growth support reinvestment, optionality for shareholder returns, and lower refinancing risk across business cycles.
Bears Say
EPS ContractionNegative EPS growth despite revenue gains signals earnings volatility and divergence between top-line momentum and per-share profitability. Over months, this could indicate one-offs, dilution, or cost timing that weakens earnings durability and warrants monitoring of core profit drivers.
Revenue Tied To Market ActivityCDSL's fee income depends on transaction volumes and market participation. Structural downturns or prolonged low trading activity would reduce transaction fees and revenue visibility, making long-term growth sensitive to capital market cycles despite strong margins and balance sheet.
Rising Liabilities To MonitorAlthough leverage is low today, an observable increase in total liabilities could, if it continues, reduce financial flexibility and raise financing or operational costs. Over a multi-month horizon this trend could modestly erode the strong equity ratio and increase interest or counterparty exposures.
Central Depository Services (India) Limited News
CDSL FAQ
What was Central Depository Services (India) Limited’s price range in the past 12 months?
Central Depository Services (India) Limited lowest stock price was ₹1079.90 and its highest was ₹1828.90 in the past 12 months.
What is Central Depository Services (India) Limited’s market cap?
Central Depository Services (India) Limited’s market cap is ₹236.96B.
When is Central Depository Services (India) Limited’s upcoming earnings report date?
Central Depository Services (India) Limited’s upcoming earnings report date is Apr 27, 2026 which is in 33 days.
How were Central Depository Services (India) Limited’s earnings last quarter?
Central Depository Services (India) Limited released its earnings results on Jan 31, 2026. The company reported ₹6.4 earnings per share for the quarter, missing the consensus estimate of ₹8.383 by -₹1.983.
Is Central Depository Services (India) Limited overvalued?
According to Wall Street analysts Central Depository Services (India) Limited’s price is currently Overvalued.
Does Central Depository Services (India) Limited pay dividends?
Central Depository Services (India) Limited pays a Annually dividend of ₹12.5 which represents an annual dividend yield of 0.82%. See more information on Central Depository Services (India) Limited dividends here
What is Central Depository Services (India) Limited’s EPS estimate?
Central Depository Services (India) Limited’s EPS estimate is 7.29.
How many shares outstanding does Central Depository Services (India) Limited have?
Central Depository Services (India) Limited has 209,000,000 shares outstanding.
What happened to Central Depository Services (India) Limited’s price movement after its last earnings report?
Central Depository Services (India) Limited reported an EPS of ₹6.4 in its last earnings report, missing expectations of ₹8.383. Following the earnings report the stock price went down -1.916%.
Which hedge fund is a major shareholder of Central Depository Services (India) Limited?
Currently, no hedge funds are holding shares in IN:CDSL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Central Depository Services (India) Limited
Central Depository Services (India) Limited provides depository services in India. The company offers various services, such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transmission of securities, change in address, bank account details, and SMS services for depository participants. It also provides facilities to issuers to credit securities to a shareholder's or applicants demat accounts; KYC services in respect of investors in capital markets to capital market intermediaries; facilities for holding of insurance policies in electronic form to the holders of these policies; and facilities for holding and transacting in electronic negotiable warehouse receipts. In addition, it offers services, such as electronic access to security information, electronic access to security information and execution of secured transaction, e-voting, e-notices, e-locker, and mobile application. It serves investors through depository participants, issuer companies, capital market intermediaries, insurance companies, and warehouse service providers/warehouses. The company was incorporated in 1997 and is based in Mumbai, India.
CDSL Stock 12 Month Forecast
Average Price Target
₹1,377.50
▼(-6.20% Downside)
Technical Analysis
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