Live Central Depository Services (India) Share Price Chart

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VOL 9291

Central Depository Services (India) Performance

Days Range

Low: ₹1,922.00
High: ₹1,964.00
Previous Close ₹1,965.70
Open ₹1,949.00
Volume 15,25,991
Day’s Range ₹1,922.00 - ₹1,964.00
52W Range ₹973.50 - ₹2,067.00
Market Cap ₹20,541 Cr

Central Depository Services (India) Fundamentals

ROCE (TTM) 34.25
P/E Ratio (TTM) 58.19
P/B Ratio 16.74
Industry P/E 29.48
Debt to Equity 0
ROE 26.1
EPS (TTM) 33.78
Dividend Yield 0.81
Book Value 117.41
Face Value 10

Central Depository Services (India) Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales124.77149.68207.31214.48
Expenses60.774.8384.4489.93
Profit before tax81.8697.86144.75145
Operating Profit63.1273.69108.97107.48
Net Profit63.1273.69108.97107.48
EPS in Rs6.047.0410.4210.28

About Central Depository Services (India)

Central Depository Services Limited was founded and established in 1999 with an objective to provide convenient, dependable and secured depository services. The company is a Market Infrastructure Institution (or MII) and an important part of the capital market structure. It provides services to market participants such as exchanges, clearing corporations, depository participants (DPs), issuers and investors.

In 2002, the company started online inter-depository transfer. This allowed the online securities transfer between depositories (CDSL and NSDL). In 2005, the number of active demat accounts crossed the toll of 1 million. The company signed MOU with Korea Depository Services to develop the financial services industry in India and Korea in 2007. In 2010, CDSL signed an agreement with the Nepal Stock Exchange to set up a Depository and Clearing & Settlement system in Nepal. It was listed on NSE in 2017 after a successful IPO.

CDSL won IDC Insight Excellence in Operation Award in the year 2019 and also won BIG 40 Awards – World AI Show BFSI & NBFC in the same year.

Business Segments

The company carries out its business by providing service to Beneficiary Owners or Investors (BOs), Issuers/Corporations, Depository Participants (DPs) and other services:

  • Beneficiary Owners or Investors: The company provides services such as Electronic Access to Securities Information (easi), easi and Execution of Secured Transactions (easiest) and Myeasi Mobile App (Myeasi), SMS Alerts Related to Transactions (SMART), Electronic Consolidated Account Statement (ecas), Electronic Voting (evoting), and Virtual Annual General Meeting.
  • Services Supporting Depository Participants: The segment deals with services like Application Programming Interfaces (or APIs) for DPs, Electronic Delivery Instruction Slip, and Electronic Margin Pledge.
  • Services Offered to Issuers: CDSL provides services to issuers such as Electronic Foreign Investment Monitoring, Electronic System Driven Disclosures, Electronic Voting, Virtual Annual General Meeting, and Electronic Notices.
  • Other Services: In addition to the above, it provides various other services such as KYC Registration Agency, Know Your Customer, Electronic Signature Service, Tax Filing Solution, Online Account Opening and Electronic Negotiable Warehouse Receipts and Electronic Non-negotiable Warehouse Receipts and Electronic Insurance Account.

The company has several subsidiaries like:

  • CDSL Ventures Limited (CVL): It is a wholly-owned subsidiary of CDSL. It commenced its operations in 2008 by handling customer profiling and record keeping of mutual fund investors.
  • CDSL Insurance Repository Limited (CIRL): It is a subsidiary company regulated by the Insurance Regulatory and Development Authority of India (IRDAI). It is engaged in the business of enabling policyholders to hold life policies, motor policies, etc.
  • CDSL Commodity Repository Limited (CCRL): CDSL incorporated CCRL as a subsidiary to establish and run a commodity repository on the lines of a securities depository.

Key Personnel

Shri Nehal Vora, MD &CEO

Shri Nehal Vora is the Managing Director and Chief Executive Officer of CDSL. He has been in this position since September 24, 2019. Under his leadership, CDSL has become the leading depository of India with over 2 crore beneficiary accounts and is the first and the only depository to launch its branch at the International Financial Services Centre (IFSC) at Gandhinagar.

Management Outlook

  • The company believes technology is a key driver and differentiator in its market infrastructure ecosystem. With the help of investments in cutting-edge systems and tools, it expects to maintain efficient operations in the future.
  • Looking forward, the company is mainly focused on expanding its market presence and increasing annuity income. It is planning to tap into emerging investor segments through targeted marketing campaigns and strategic partnerships.

SWOT Analysis

Strengths

  • Strong distribution network.
  • Solid Market Share.

Weaknesses

  • Rising costs.

Opportunities

  • Digital acceleration during challenging times.
  • Enablement of e-KYC for capital market intermediaries.

Threats

  • Tariff constraints by SEBI.
  • Change in technology.
Parent Organisation Indian Private
Founded 1997
Managing Director Balkrishna Vinayak Chaubal
NSE Symbol CDSL

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Central Depository Services (India) FAQs

What is the Share price of Central Depository Services (India) (CDSL)?

Central Depository Services (India) (CDSL) share price as of April 19, 2024, on NSE is Rs 1,940.30 (NSE).

Can I buy Central Depository Services (India) (CDSL) shares?

Yes, You can buy Central Depository Services (India) (CDSL) shares by opening a Demat account with Angel One.

How do I buy Central Depository Services (India) (CDSL) from Angel One?

Central Depository Services (India) (CDSL) share can be brought through the following modes:
  1. Direct investment: You can buy Central Depository Services (India) (CDSL) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Central Depository Services (India) (CDSL) shares.

What is the total Asset of CDSL?

The total asset of CDSL is Rs. 1,326 crores.

What is the main business of CDSL?

The main business of CDSL (Central Depository Services Limited) is to provide convenient, dependable, and secured depository services. Promoted by BSE, CDSL, a market infrastructure institution (MII), provides services to exchanges, clearing corporations, depository participants (DPs), issuers, and investors.

Who are the promoters of CDSL?

The key promoter of CDSL is BSE Limited.

What are the Subsidiaries that comes under CDSL?

The main subsidiaries that come under CDSL are CDSL Ventures Limited, CDSL Insurance Repository Limited, and CDSL Commodity Repository Limited.