Central Depository Services (India) logo

Central Depository Services (India) share price

NSE: CDSLCapital MarketsSmall Cap

Central Depository Services (India) Limited · Face value ₹10 · Listed Jun 2017 · Issue price ₹149
Last close ₹1,282.00up ₹50.00 (4.06%)

Share price at the NSE close on 29 Oct 2026. Previous close ₹1,232.00.

29 Oct: open ₹1,232.00, high ₹1,284.40, low ₹1,231.90

52-week range of traded prices to 29 Oct 2026
₹1,116.30Low, 30 Mar 2026₹1,673.70High, 20 Nov 2025
Market cap
₹26,794 Cr291st largest listed
P/E
56.85
P/B
13.67
Dividend yield
0.99%
ROE
25.3%
ROCE
26.1%
Debt to equity
0.00
Volume, NSE
18,28,237

Central Depository Services (India) share price chart

Daily closes since Jun 2017, adjusted for splits and bonuses

−20.7%over a year

Results20-session average 8,84,265 shares a day, 34.7% delivered

About Central Depository Services (India)

Central Depository Services (India) Limited (CDSL) is a Mumbai-based securities depository registered with SEBI: it holds securities in electronic (dematerialised, or demat) form and enables transactions in them.12 It serves investors, issuers of securities, stock exchanges, clearing corporations and depository participants, the banks and brokers through which investors open their accounts.34

Its services for investors include easi and easiest (online access to demat accounts and online debit instructions), the MyEasi mobile app, e-CAS (one statement of an investor's holdings across demat accounts and mutual funds), eDIS (online authorisation to deliver shares when selling) and e-Voting (online voting on company resolutions); for companies it runs eAGM virtual meetings and system-driven disclosures (eSDD).567 Its subsidiaries are CDSL Ventures Limited (CVL, wholly owned), a KYC registration agency that keeps investors' verified identity records for market intermediaries; Centrico Insurance Repository Limited (54.25%), which keeps insurance policies in electronic accounts; and Countrywide Commodity Repository Limited (52%), which issues electronic receipts for commodities in registered warehouses.8910

It was incorporated in 1997.2 It began operations in 1999 and listed on NSE in June 2017, the first listed depository in the Asia-Pacific region and the second in the world, the company says.3 Its promoter is BSE Limited, which held 15.00% of its shares at the end of June 2026.311

Central Depository Services (India) key points

Results

  • In the quarter to Jun 2026, consolidated total income was ₹340.50 crore, against ₹295.14 crore a year earlier, and consolidated net profit ₹118 crore, against ₹102 crore.12
  • In the quarter to Jun 2026, standalone total income was ₹326.51 crore, against ₹312.36 crore, including a ₹39.50 crore dividend from a subsidiary (₹62 crore a year earlier); standalone net profit was ₹144 crore, against ₹152 crore.13
  • In the year to Mar 2026, consolidated total income was ₹1,239 crore and consolidated net profit ₹455 crore. The board recommended a final dividend of ₹12.75 a share, subject to shareholder approval, its highest dividend so far.14
  • On a standalone basis, total income in the year to Mar 2026 crossed ₹1,096 crore, up 11% year on year, net profit was ₹468 crore and EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹658 crore.15

Market position

  • CDSL had 18.59 crore demat accounts at the end of June 2026, a market share of about 80%, after opening about 58 lakh in that quarter.16
  • CDSL has been India's largest depository by number of demat accounts since 2019, and in 2023 became the first Indian depository to cross 100 million accounts.17
  • CDSL Ventures (CVL) has over 70% of India's KYC registration agency market, the company stated in its annual report for the year to Mar 2026; its presentation of 1 Aug 2026 put CVL's KYC records at over 10.62 crore.1819

Depository services

  • CDSL's annual report for the year to Mar 2026 puts the assets in its demat accounts at over ₹86 trillion; at 31 March 2026, its depository participants covered 98% of India's PIN codes through 19,914 service centres.20
  • At the end of March 2026, CDSL managed 1.26 lakh ISINs (the codes that identify each security).21

Other income

  • Consolidated other income of ₹75 crore in the quarter to Jun 202622
    Itemquarter to Jun 2026
    Gains on investments and income accrued on them₹43.8 crore
    e-CAS statement fees₹14.80 crore
    e-voting income₹6.32 crore
    Other operating revenue₹6 crore
    Other income₹3.94 crore

Subsidiaries

  • CDSL Ventures (CVL) had revenue from operations of ₹45 crore in the quarter to Jun 2026, against ₹36 crore a year earlier, and profit after tax of ₹12.12 crore, against ₹12.71 crore.23
  • A SEBI directive cut CVL's fee for fetching an investor's KYC record from ₹35 to ₹28 and for creating one from about ₹20 to ₹5; higher fetch volumes and a new ₹0.25 charge on each KYC search offset part of the cut, the company said.2425
  • Centrico Insurance Repository (CIRL) held more than 23.94 lakh insurance policies in 24.42 lakh electronic insurance accounts and had 49 life, health and general insurers as partners, the company said in its presentation of 1 Aug 2026.26
  • Countrywide Commodity Repository (CCRL) had issued 71,610 electronic negotiable warehouse receipts (digital titles to goods in registered warehouses) since it began, and 6,763 of the 10,785 warehouses on its system were active, its annual report for the year to Mar 2026 says.18

Recent events

  • On 13 Aug 2026, SEBI approved a further investment of ₹5 crore by CDSL in Open Network for Digital Commerce (ONDC), a Commerce Ministry initiative for open digital commerce.2728
  • On 8 Jul 2026, SEBI approved an additional investment of ₹20 crore by CDSL in India International Bullion Holding IFSC Limited, set up to run a bullion exchange, clearing corporation and depository at GIFT City; CDSL's holding would stay at 20%.293031
  • On 9 Jun 2026, SEBI approved CDSL's investment of ₹1 crore for 2% of Sahamati Foundation, which the RBI recognised on 5 Jun 2026 as the self-regulatory organisation for account aggregators (firms that share a person's financial data with their consent).3233
  • On 4 Feb 2026, the International Financial Services Centres Authority registered CVL as a KYC registration agency in the International Financial Services Centre (IFSC); the company says CVL is the first such agency to operate there.3435

Litigation and regulatory matters

  • As of its filing of 20 Mar 2026, Ketan Shah and others were seeking indemnity from CDSL in arbitration for alleged losses from broker Anugrah Stock & Broking's misuse of clients' securities, and had filed fresh statements of claim with the amounts unchanged.3637
  • In an arbitration brought by Nimish Shah and others against CDSL, the Bombay High Court on 23 Dec 2025 set aside a 29 Apr 2024 award that had rejected their claim; CDSL appealed on 13 Feb 2026, and its documents give no outcome.38
  • After SEBI advised it in a letter of 7 Apr 2025, CDSL paid ₹3 crore into the CDSL Investor Protection Fund in April 2025 as a financial disincentive (a regulatory penalty) for technical glitches between 2021 and 2024.39

Last updated

All 39 sources, each with its page
  1. 1. Annual report, 8 Jul 2026, page 230
  2. 2. Annual report, 8 Jul 2026, page 3
  3. 3. Annual report, 8 Jul 2026, page 152
  4. 4. Annual report, 8 Jul 2026, page 35
  5. 5. Annual report, 8 Jul 2026, page 5
  6. 6. Annual report, 8 Jul 2026, page 35
  7. 7. Annual report, 8 Jul 2026, page 36
  8. 8. Investor presentation, 1 Aug 2026, page 4
  9. 9. Annual report, 8 Jul 2026, page 9
  10. 10. Annual report, 8 Jul 2026, page 36
  11. 11. Investor presentation, 1 Aug 2026, page 11
  12. 12. Earnings call, 3 Aug 2026, page 4
  13. 13. Earnings call, 3 Aug 2026, page 4
  14. 14. Annual report, 8 Jul 2026, page 18
  15. 15. Annual report, 8 Jul 2026, page 32
  16. 16. Earnings call, 3 Aug 2026, page 3
  17. 17. Investor presentation, 1 Aug 2026, page 5
  18. 18. Annual report, 8 Jul 2026, page 9
  19. 19. Investor presentation, 1 Aug 2026, page 15
  20. 20. Annual report, 8 Jul 2026, page 152
  21. 21. Annual report, 8 Jul 2026, page 18
  22. 22. Earnings call, 3 Aug 2026, page 6
  23. 23. Earnings call, 3 Aug 2026, page 4
  24. 24. Earnings call, 3 Aug 2026, page 7
  25. 25. Earnings call, 3 Aug 2026, page 5
  26. 26. Investor presentation, 1 Aug 2026, page 16
  27. 27. Exchange filing, 13 Aug 2026, page 1
  28. 28. Exchange filing, 13 Aug 2026, page 2
  29. 29. Exchange filing, 9 Jul 2026, page 1
  30. 30. Exchange filing, 9 Jul 2026, page 3
  31. 31. Exchange filing, 9 Jul 2026, page 5
  32. 32. Exchange filing, 10 Jun 2026, page 1
  33. 33. Exchange filing, 10 Jun 2026, page 5
  34. 34. Annual report, 8 Jul 2026, page 164
  35. 35. Annual report, 8 Jul 2026, page 84
  36. 36. Exchange filing, 20 Mar 2026, page 2
  37. 37. Exchange filing, 20 Mar 2026, page 3
  38. 38. Exchange filing, 14 Feb 2026, page 2
  39. 39. Annual report, 8 Jul 2026, page 88
Revenue growth, 12 months
+8.8%
Net profit growth, 12 months
−4.8%

Quarter to Jun 2026, against the quarter before

Revenue
₹293 Crup 11.38%
Net profit
₹118 Crup 47.47%
Net margin
40.2%

Revenue by quarter

₹322 CrSep 24₹278 CrDec 24₹224 CrMar 25₹259 CrJun 25₹319 CrSep 25₹304 CrDec 25₹263 CrMar 26₹293 CrJun 26
Peak revenue ₹322 Cr, quarter to Sep 2024; lowest ₹224 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

₹162 CrSep 24₹130 CrDec 24₹100 CrMar 25₹102 CrJun 25₹140 CrSep 25₹133 CrDec 25₹80 CrMar 26₹118 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue322278224259319304263293
Net profit16213010010214013380118
Net margin50.3%46.7%44.7%39.6%43.9%43.7%30.4%40.2%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Depository Activity₹960 Crup 13.23%83.8%
  • Data Entry and Storage₹183 Crdown 21.15%15.9%
  • Repository₹3 Cr0.3%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Central Depository Services (India) PE ratio and valuation

Price to earnings

At or below today's level on 69% of 2,039 trading days since Aug 2018.

LowestHighest
Its median45.82Industry median21.96
Price to book

At or below today's level on 31% of 996 trading days since Oct 2022.

LowestHighest
Its median15.49Industry median2.45
Dividend yield

At or below today's level on 61% of 2,194 trading days since Oct 2017.

LowestHighest
Its median0.90%Industry median1.06%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−7.1%−13.4%+6.0%1.1%
3 years+36.2%+18.2%+14.2%1.1%
5 years+29.1%+17.9%+8.4%1.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Central Depository Services (India) shareholding pattern

Shareholding by group

  • Promoters15.00%
  • Foreign institutions8.66%
  • Indian institutions17.77%
  • Individuals and others58.56%
Holder
Bse LimitedPromoter15.00%
LICI ASM NON PARInsurance companies4.40%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +0.42 pts, Indian institutions +2.58 pts, mutual funds +2.34 pts.

Mutual fund holdings

116 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 71 of the 76 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 116 funds holding Central Depository Services (India)

Bought for the first time
1
Bought again
2
Added
34
Cut
42
Held unchanged
37
Sold out
4
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Central Depository Services (India) insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 237 pledge filings of unclear kind
  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Central Depository Services (India) competitors and peers

Capital Markets, 73 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Central Depository Services (India) in market cap.Finance companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
360 ONE WAM logo360 ONE WAM360ONE43,86135.18–+29.4%+10.7%12.7%9.8%1.32%
Anand Rathi Wealth logoAnand Rathi WealthANANDRATHI37,69182.9129.37+20.7%+32.4%43.5%30.9%0.33%
Nuvama Wealth Management logoNuvama Wealth ManagementNUVAMA32,91630.407.99+12.9%+5.2%28.5%15.6%1.57%
Angel One logoAngel OneANGELONE26,85723.254.03+21.3%+47.7%18.5%14.8%2.20%
Aditya Birla Sun Life AMC logoAditya Birla Sun Life AMCABSLAMC24,44924.776.30+5.6%+1.7%26.5%26.6%3.02%
Computer Age Management Services logoComputer Age Management ServicesCAMS17,31434.9813.11+7.7%+5.1%40.6%46.2%1.84%
Kfin Technologies logoKfin TechnologiesKFINTECH14,86442.639.15+27.7%+0.8%22.6%28.1%1.40%
National Securities Depository logoNational Securities DepositoryNSDL14,14636.425.97––16.4%16.3%0.57%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Central Depository Services (India) dividend history

Dividend per share, ₹, restated for later splits and bonuses

1.8Mar 182Mar 192.3Mar 204.5Mar 217.5Mar 228Mar 2311Mar 2413Mar 2513Mar 26
Highest ₹12.75 a share, year to Mar 2026.
Ex-dateTypePer share
17 Jul 2026Final₹12.75
7 Aug 2025Final₹12.50
16 Jul 2024Final₹19.00
16 Jul 2024Special₹3.00
25 Aug 2023Final₹16.00
7 Sep 2022Final₹15.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Central Depository Services (India) announcements

Central Depository Services (India) share price by year

Each calendar year to 2025.Central Depository Services (India) share price history

YearClose at year endChangeHighest closeLowest close
20251,443.60−17.9%1,808.651,058.20
20241,758.65+92.8%1,964.05828.80
2023912.20+63.6%977.40442.85
2022557.65−25.6%818.05525.90
2021749.90+181.3%833.30241.35
2020266.55+139.4%273.5392.85
2019111.35−0.3%121.2892.95
2018111.68−37.5%187.40109.13
2017178.80–222.15130.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 30 Jun 2017.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 20261,215.601,235.801,207.901,232.001,224.826,78,64428.3%
27 Oct 20261,200.001,222.001,193.601,222.001,213.018,26,87528.7%
26 Oct 20261,188.501,204.001,159.101,196.001,184.169,07,84627.3%
23 Oct 20261,223.001,224.701,173.601,188.501,188.1113,12,16437.2%
22 Oct 20261,235.001,242.801,218.801,225.001,227.686,77,52235.0%
21 Oct 20261,270.001,278.801,230.001,237.201,249.006,50,04137.4%
19 Oct 20261,286.901,293.701,266.001,270.001,275.645,55,21438.7%
16 Oct 20261,296.001,301.001,272.001,286.901,282.418,25,10624.5%
15 Oct 20261,285.001,306.501,281.101,293.001,297.198,28,15028.6%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
23 Aug 2024Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details