Is Central Depository Services (India) (CDSL) overvalued or fairly valued?

MarketChacha shows Central Depository Services (India)'s valuation in context — a forward P/E of about 46.7, a price-to-book of about 15.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Central Depository Services (India)'s revenue?

Central Depository Services (India) reported revenue of ₹2 Cr for FY2026, with net profit of ₹0 Cr, per official filings.

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

Central Depository Services (India) last traded at ₹1,385.20 (-2.3% on the day), as of 7/20/2026 — a delayed quote shown for education, not investment advice.

Central Depository Services (India)

CDSL · NSE · Capital Markets · India

₹1,385.20-2.3%

Delayed · as reported by Yahoo Finance · as of Jul 20, 2026, 10:00 AM

Snapshot

TickerCDSL

ExchangeNSE

SectorCapital Markets

CountryIndia

Employees494

HeadquartersMumbai, India

Market cap₹29,640 Cr

P/B15.1

Volume13.81L

Websitewww.cdslindia.com

Filings tracked0

About Central Depository Services (India)

Central Depository Services (India) Limited, together with its subsidiaries, provides depository services in India. It operates through Depository; Data Entry and Storage; and Repository segments. The Depository segment offers various services to investors, such as dematerialisation, rematerialisation, holding, transfer, and pledge of securities in electronic form; and e-voting services to companies. Its Data Entry and Stroage segment provides centralized record keeping of KYC document of capital market investors. The Repository segment offers policyholders/warehouse receipt holders a facility to keep insurance policies/warehouse receipts in electronic form and to undertake changes, modifications, and revisions in the policy/receipt. It also provides account opening, processing delivery and receipt instructions, pledging, nomination, transmission of securities, change in address, bank account details, and SMS services for depository participants (DPs). In addition, the company offers various services, such as electronic access to security information, electronic access to security information and execution of secured transaction, SMS alerts related to transactions, electronic consolidated account statements, and virtual annual general meetings; Myeasi mobile application; application programming interfaces for DPs, electronic delivery instruction slip, and electronic margin pledge; and electronic foreign investment monitoring, electronic system driven disclosure services, and electronic notices, as well as e-locker services. Further, it provides KYC registration agency, eKYC, electronic signature service, tax filing, stamp duty calendar, electronic negotiable warehouse receipts and electronic non-negotiable warehouse receipts, and electronic insurance account. The company serves market participants, exchanges, clearing corporations, DPs, issuers, and investors. Central Depository Services (India) Limited was incorporated in 1997 and is based in Mumbai, India.

Profile as reported by Yahoo Finance.

Who owns it

Promoters0.0%
Institutions15.4%
Public & other84.6%

71 institutional holders

As reported by Yahoo Finance. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

Margin has compressed by about 21.8 points over the period — profitability is trending down.

Net margin trend49.7% → 27.9%

Margin has compressed by about 21.8 points over the period — profitability is trending down.

Growth qualityrev -86% · PAT -88%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (BSE (official results filing)). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹331 Cr

Next fiscal year

Rev ₹1,511 Cr · EPS 30.40

Est. earnings growth +20.3%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

₹1,116.3052-wk range₹1,753.90

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: BSE (official results filing)

Annual

Quarterly · last 4

Market cap

₹29,640 Cr

Day change

-2.3%

Fwd P/E

46.7

P/B

15.1

Div yield

0.90%

Beta

0.21

Revenue (FY2026)

₹2 Cr

Net margin

27.9%

Revenue CAGR (3y)

-85.6%

Profit CAGR (3y)

-88.1%

EPS (FY2026)

0.36

Net profit (FY2026)

₹0 Cr

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin
FY2026	₹2 Cr	₹0 Cr	0.36	27.9%
FY2025	₹1,082 Cr	₹526 Cr	—	48.6%
FY2024	₹812 Cr	₹419 Cr	—	51.6%
FY2023	₹555 Cr	₹276 Cr	—	49.7%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	₹0 Cr	₹-1 Cr	-0.45	-178.8%
2025Q4	₹0 Cr	₹0 Cr*	0.23	43.8%
2025Q3	₹319 Cr	₹140 Cr	—	44.0%
2025Q2	₹259 Cr	₹102 Cr	—	39.6%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in ₹ (crore). Source: BSE (official results filing).

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.