| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 293 | 259 | +13.1% |
| EBITDA | 138 | 130 | +5.7% |
| EBITDA margin | 47.1% | 50.4% | −3.3 pts |
| Profit before tax | 166 | 152 | +9.8% |
| Net profit | 118 | 102 | +14.9% |
| EPS | ₹5.62 | ₹4.90 | +14.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 25,749 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 779 | 779 | 814 | 574 | 519 | ||
| 42.5 | 42.5 | 43.5 | 43.8 | 43.4 | ||
| 25,012 | — | — | — | — | ||
| 1,179 | 1,145 | 1,082 | 812 | 555 | ||
| — | +5.8% | +33.2% | +46.3% | — | ||
| 593 | 586 | 624 | 489 | 323 | ||
| 50.3% | 51.2% | 57.7% | 60.3% | 58.3% | ||
| 523 | 520 | 575 | 462 | 304 | ||
| 470 | 455 | 526 | 420 | 276 | ||
| 39.9% | 39.8% | 48.6% | 51.7% | 49.7% | ||
| ₹22.55 | ₹21.82 | ₹25.20 | ₹20.05 | ₹13.20 | ||
| — | −13.4% | +25.7% | +51.9% | — | ||
| — | 467 | 543 | 386 | 249 | ||
| — | −121 | −156 | −73.5 | −209 | ||
| 346 | 346 | 387 | 312 | 40.3 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 25,748.8 | |
| - Cash, Equiv & ST Investments | 519.4 | 573.6 | 814.1 | 779.1 | 779.1 | |
| + Minority Interest | 43.4 | 43.8 | 43.5 | 42.5 | 42.5 | |
| Enterprise Value | — | — | — | — | 25,012.1 | |
| Revenue | 555.1 | 812.3 | 1,082.2 | 1,144.9 | 1,178.9 | |
| Growth %, YoY | — | +46.3 | +33.2 | +5.8 | — | |
| EBITDA | 323.3 | 489.4 | 624.3 | 585.9 | 593.3 | |
| Margin % | 58.25 | 60.25 | 57.69 | 51.17 | 50.33 | |
| EBIT | 303.9 | 462.2 | 575.3 | 519.7 | 523.1 | |
| Net Income | 276.0 | 419.6 | 526.3 | 455.1 | 470.3 | |
| Margin % | 49.71 | 51.65 | 48.63 | 39.75 | 39.90 | |
| EPS, Adj (current shares) | 13.20 | 20.05 | 25.20 | 21.82 | 22.55 | |
| Growth %, YoY | — | +51.9 | +25.7 | -13.4 | — | |
| Cash from Operations | 248.8 | 385.9 | 542.7 | 466.6 | — | |
| Capital Expenditures | -208.6 | -73.5 | -155.8 | -120.7 | — | |
| Free Cash Flow | 40.3 | 312.5 | 386.9 | 345.9 | 345.9 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Central Depository Services (NSE: CDSL) had a market capitalisation of ₹26,794 crore at the 29 October 2026 close (₹1,282.00 a share), a PE ratio of 56.9 on the last four quarters' profit and a price-to-book ratio of 13.67. In FY26 its consolidated net profit was ₹456 crore on revenue of ₹1,145 crore; in Q1 FY27 (April–June 2026) it was ₹118 crore, up 14.8% year on year. It had no borrowings on 31 March 2026. Promoters held 15.00% of the shares on 30 September 2026.
CDSL's PE ratio is 56.9 at the 29 October 2026 close (₹1,282.00 a share): a market capitalisation of ₹26,794 crore divided by consolidated net profit of ₹471 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹456 crore) it is 58.7.
CDSL's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,960 crore on 31 March 2026, up 11.3% from ₹1,760 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹26,794 crore at the 29 October 2026 close.
CDSL's book value per share was ₹93.77 on 31 March 2026: shareholders' equity of ₹1,960 crore divided by the 20.9 crore shares in issue, up 11.3% from ₹84.23 a year earlier. The share price at the 29 October 2026 close was ₹1,282.00.
CDSL's price-to-book (PB) ratio is 13.67 at the 29 October 2026 close: a market capitalisation of ₹26,794 crore divided by shareholders' equity (book value) of ₹1,960 crore on 31 March 2026. That is a book value of ₹93.77 per share against a share price of ₹1,282.00.
In FY26, CDSL's return on equity (ROE) was 24.5% and its return on capital employed (ROCE) was 26.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 32.7% and ROCE 34.0%.
CDSL's dividend yield is 0.99% at the 29 October 2026 close: dividends of ₹12.75 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,282.00. They were ₹12.75 on 17 July 2026.
CDSL's market capitalisation was ₹26,794 crore at the 29 October 2026 close: 20.9 crore shares at ₹1,282.00 each.
Yes. CDSL had no borrowings on 31 March 2026 (consolidated balance sheet), and it held ₹811 crore of cash, bank balances and current investments.
CDSL's debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹2,002 crore. A year earlier, on 31 March 2025, it was 0.00.
CDSL's basic earnings per share (EPS) were ₹21.82 in FY26, against ₹25.20 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹22.55.
In 2026, CDSL has declared one dividend: ₹12.75 with record date 17 July 2026.
CDSL will announce its Q2 FY27 results (July–September 2026) on Saturday, 31 October 2026, the date of the board meeting it has notified to the exchanges.
Promoters held 15.00% of CDSL on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, CDSL generated ₹467 crore of cash from operations and spent ₹121 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹346 crore. In FY25 it was ₹387 crore.
CDSL's latest results are for Q1 FY27 (April–June 2026), filed on 1 August 2026: consolidated net profit ₹118 crore, up 14.8% from ₹102 crore in Q1 FY26; revenue from operations ₹293 crore, up 13.1% year on year.
On 30 September 2026, CDSL's shares were held by promoters 15.00%, foreign portfolio investors (FII/FPI) 8.66%, domestic institutions (DII) 17.77% (including mutual funds at 9.64%) and retail and other non-institutional investors 58.56%. Over the year, FII holding was down 2.88 percentage points from 11.54% and DII holding was up 3.59 percentage points from 14.18%.
At the 29 October 2026 closing prices, on FY26 net profit, CDSL's PE ratio is 58.7, the highest of the four: BSE 57.2, CAMS 36.4 and Kfin Technologies 43.2, a peer average of 45.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, CDSL earned net profit of ₹456 crore on revenue of ₹1,145 crore, against ₹2,497 crore on ₹4,834 crore for BSE. CDSL's operating margin was 45.4% (BSE 60.4%) and its return on equity 24.5% (BSE 45.0%). At the 29 October 2026 close, CDSL's market capitalisation was ₹26,794 crore against ₹1,42,847 crore for BSE, and its PE ratio on FY26 profit 58.7 against 57.2.
In FY26 (April 2025–March 2026), CDSL's consolidated net profit was ₹456 crore, down 13.4% from ₹527 crore in FY25, on revenue from operations of ₹1,145 crore (up 5.8%). Over three years, from FY23, net profit was up 65.3%.
On FY26 consolidated figures, against BSE, CAMS and Kfin Technologies: CDSL's operating margin of 45.4% is the second highest of the four (BSE 60.4%, CAMS 38.6%, Kfin Technologies 34.1%; peer average 44.4%); its return on equity of 24.5% is the third highest of the four (BSE 45.0%, CAMS 39.0%, Kfin Technologies 22.3%; peer average 35.4%); its revenue growth over three years of 27.3% a year is the second highest of the four (BSE 81.0% a year, CAMS 16.0% a year, Kfin Technologies 21.8% a year; peer average 39.6% a year).
From Central Depository Services' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.