Central Depository Services India Ltd Stock Price Today (NSE: CDSL)

Central Depository Services India Ltd

1226.80+11.70 (+0.96%)
Market Open

Fundamental Score

...

Central Depository Services India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Central Depository Services India Ltd share price today is 1226.80, up +0.96% on NSE/BSE as of 18 June 2026. Central Depository Services India Ltd (CDSL) is a Large-cap company in the Depositories, Clearing Houses and Other Intermediaries sector with a market capitalisation of 33.53K (Cr). The 52-week high for CDSL share price is 1814.00 and the 52-week low is 1116.30. At a P/E ratio of 70.90x, CDSL is currently trading above its industry average P/E of 54.63x. The company has a Return on Equity (ROE) of 32.70% and a debt-to-equity ratio of 0.00.

Central Depository Services India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
1345.50
Low
1152.70
Volume
20.6L
Change
-6.06%

Central Depository Services India Ltd share price chart: -6.06% return over the past month. 52-week high ₹1814.00, 52-week low ₹1116.30.

Central Depository Services India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
1212.601232.001198.701226.8011.53L (Cr)
1250.501260.901210.001215.1013.77L (Cr)
1249.801269.301236.101244.6022.56L (Cr)
1243.801243.801243.801243.800.00 (Cr)
1230.201249.801229.901243.8019.95L (Cr)
1216.001232.401212.901226.3015.93L (Cr)
1224.001224.001212.901217.4012.00L (Cr)
1204.001209.801197.001204.1011.76L (Cr)
1228.001234.301196.001199.8024.90L (Cr)
1200.001229.001192.001224.6017.50L (Cr)

Central Depository Services India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1250.501260.901198.701226.80-1.90%
1272.001291.001152.701244.60-2.15%
1158.501401.101136.101272.00+9.80%
1205.201261.701116.301119.40-7.12%
1229.001412.001195.001272.20+3.52%
1443.701480.301297.001320.20-8.55%
1620.001638.901421.001443.60-10.89%
1585.001673.701508.001617.20+2.03%
1462.001661.201459.001587.20+8.56%
1431.501625.001431.301458.60+1.89%
1480.001611.501421.001424.40-3.76%
1804.001814.001475.001480.80-17.92%

AI Research Briefing

Powered by Gemini · 2026-04-10

Overvalued play on retail investor boom; growth deceleration is a major risk.

Research Confidence
6.0/10Moderate
COMPOUNDERConsolidation - 1M: 1.09%, 3M: 6.34%, 6M: -5.69% [cite: brief]Expensive - P/E: 70.9x vs Industry P/E: 54.63x [cite: brief]

WHAT'S HAPPENING NOW (last 2-4 weeks)

CDSL's Q3 FY26 consolidated total income grew 12% YoY to , with net profit rising to However, more recent quarterly results show a QoQ decrease in revenue by 4.56% to , and a 4.99% decrease in net profit to YoY growth for net profit was 2.43%.

CORE STORY (THE REAL GAME)

Why Now
  • Demat account growth slowing
  • High valuation
  • QoQ earnings decline
Potential Catalysts
  • Faster than expected demat account growth
  • Increase in transaction volumes
  • Favorable regulatory changes
Key Risks
  • High P/E ratio
  • Slowing QoQ growth
  • Competition from NSDL
  • Micro/SME cap – liquidity risk
Institutional Activity

FII holdings decreased by 1.36% [cite: brief]

Macro Context

Rupee volatility and global market uncertainty could impact investor sentiment.

Cash Flow Quality

Profit converting to cash - Free Cash Flow 5Y: ₹1176.42 Cr [cite: brief]

3–6 Month Outlook

Sustained growth depends on continued financialization of savings and increasing equity participation. Monitor demat account growth and transaction volumes closely.

Primary Thesis Risk

Sharp correction if demat account growth stalls.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

32.70%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

41.96%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

60.07%

Average operating profit margin over 5 years

Dividend Yield

0.78%

Annual dividend as % of current share price

Central Depository Services India Ltd Valuation Check

Poor

Price to Earnings (P/E)

70.90x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

54.63x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Good

Promoter Holding

15.00%

% shares held by company founders/management

Good

FII Holding

11.54%

% shares held by foreign institutional investors

Good

DII Holding

14.18%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-13.46%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-1.05%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

36.89%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

37.81%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

37.81%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4197.13x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

1.18K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Central Depository Services India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of CDSL across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Return on Equity (32.70%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (41.96%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (60.07%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Consistent Growth Track Record (36.89% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (37.81% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (37.81% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (4197.13x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹1176.42 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Strong Institutional Confidence (FII+DII: 25.72%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Premium Valuation Risk (P/E: 70.90x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-13.46%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Low Promoter Commitment (15.00%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

Central Depository Services India Ltd vs Depositories, Clearing Houses and Other Intermediaries Peers

Peer Comparison - Depositories, Clearing Houses and Other Intermediaries

Compare Central Depository Services India Ltd with 3 other companies in the same sector

4 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
56.9/100
1227
₹33534.05
70.9
Average
32.70%
Excellent
41.96%
Excellent
0.0
Excellent
37.81%
Excellent
36.89%
Excellent
0.78%
54.8/100
787
₹19338.89
44.0
Average
43.94%
Excellent
54.75%
Excellent
0.1
Excellent
21.96%
Excellent
15.06%
Excellent
1.59%
61.3/100
825
₹18891.45
54.6
Average
24.97%
Excellent
32.75%
Excellent
0.0
Excellent
134.47%
Excellent
19.38%
Excellent
0.68%
66/100
88
₹176.22
29.0
Average
17.84%
Good
24.45%
Excellent
0.0
Excellent
54.18%
Excellent
38.01%
Excellent
0.00%

Central Depository Services India Ltd PE Ratio History

Historical price-to-earnings ratio for CDSL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202525.20₹1443.6057.3x
FY 202420.05₹1758.6587.7x
FY 202313.21₹1822.12138x
FY 202214.89₹1113.9274.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Central Depository Services India Ltd Dividend History

Annual cash dividends paid by CDSL — dividend yield 0.78%

Financial YearDividends Paid (₹ Cr)
FY 2025229.90 Cr
FY 2024167.20 Cr
FY 2023156.75 Cr
FY 202294.05 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Central Depository Services India Ltd Quarterly Performance

Latest quarterly metrics for CDSL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-1.05%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-13.46%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

36.89%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

37.81%

Compounded annual net profit growth over 5 years

Central Depository Services India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for CDSL — calculated from daily price history

44RSI 14
Neutral — RSI 44

Momentum is balanced — neither overbought nor oversold.

SMA 50
1245
▼ Price below SMA 50 — Short-term bearish
SMA 200
1425
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
2077K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Central Depository Services India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Central Depository Services India Ltd (CDSL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Central Depository Services India Ltd

About CDSL (Central Depository Services India Ltd)

Central Depository Services India Ltd is the nation's leading securities depository, transforming the Indian capital market by enabling seamless and secure holding and transfer of ...securities in electronic form. More than just a repository for dematerialized shares, CDSL acts as a vital backbone for the Indian financial ecosystem, streamlining processes for millions of investors and thousands of companies. Through its robust platform, CDSL facilitates efficient clearing and settlement, minimizes risks associated with physical certificates, and empowers investors with direct access and control over their holdings. CDSL's comprehensive suite of services extends beyond basic dematerialization. It offers a spectrum of solutions catering to diverse needs, from facilitating pledges and hypothecation of securities to enabling corporate actions like dividend distribution and bonus issues with unprecedented efficiency. It also promotes shareholder democracy through e-voting services, enabling convenient and transparent participation in corporate governance. CDSL's unwavering commitment to innovation drives the development of new-age tools and functionalities, ensuring the Indian securities market remains agile and competitive on the global stage. Furthermore, CDSL actively contributes to financial inclusion by simplifying access to capital markets for retail investors across the country. By offering a reliable and cost-effective platform, CDSL empowers individuals to participate in the growth of the Indian economy with confidence. CDSL also plays a crucial role in maintaining data integrity by maintaining records of KYC documents, thereby boosting compliance and transparency across the financial sector. By fostering efficiency, security, and accessibility, CDSL truly plays a pivotal role in India's financial landscape.

Company Details

Symbol:CDSL
Industry:Depositories, Clearing Houses and Other Intermediaries
Sector:Depositories, Clearing Houses and Other Intermediaries

Key Leadership

Mr. Nehal Naleen Vora
CEO, MD & Director
Mr. Girish Amesara
Chief Financial Officer
Mr. Rajesh Saraf
Chief Data & Operations Officer

CDSL Share Price: Frequently Asked Questions

What is the current share price of Central Depository Services India Ltd?

Central Depository Services India Ltd (CDSL) trades at ₹1226.80 on NSE. Market cap ₹33.53K (Cr). Educational data only.

What is the P/E ratio of Central Depository Services India Ltd?

Central Depository Services India Ltd has a P/E of 70.90x vs industry average 54.63x.

What is the Bull Run score for Central Depository Services India Ltd?

Central Depository Services India Ltd has a Bull Run score of 56.9/100 based on 25+ financial parameters.

Does Central Depository Services India Ltd pay dividends?

Central Depository Services India Ltd has a dividend yield of 0.78%. Past dividends don't guarantee future payments.

What is the ROE of Central Depository Services India Ltd?

Central Depository Services India Ltd has ROE of 32.70%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Central Depository Services India Ltd?

Central Depository Services India Ltd has debt-to-equity of 0.00.

Is Central Depository Services India Ltd a good investment?

Bull Run gives Central Depository Services India Ltd a score of 56.9/100. This is not investment advice — consult a SEBI-registered advisor.