Central Depository Services (India)'s Q3 FY 2025-26 Quarterly Results
- 01 Feb 2026
Result Summary
- Central Depository Services (India) Ltd reported a 2.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 11.9%.
- Its expenses for the quarter were up by 1.9% QoQ and 23.0% YoY.
- The net profit decreased 5.0% QoQ and increased 2.4% YoY.
- The earnings per share (EPS) of Central Depository Services (India) Ltd stood at 6.38 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 333.60 | 341.37 | 298.11 | -2.3% | 11.9% |
Total Expenses | 160.45 | 157.41 | 130.45 | 1.9% | 23.0% |
Profit Before Tax | 173.15 | 183.96 | 167.66 | -5.9% | 3.3% |
Tax | 38.98 | 42.72 | 38.57 | -8.8% | 1.1% |
Profit After Tax | 132.95 | 139.94 | 129.80 | -5.0% | 2.4% |
Earnings Per Share | 6.38 | 6.71 | 6.23 | -4.9% | 2.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Central Depository Services (India) Ltd, commonly referred to as CDSL, is one of the key players in the Indian financial market infrastructure. It primarily operates as a depository, offering depository services to investors, brokers, and financial institutions in India. CDSL provides an electronic platform for holding and transacting in securities such as stocks and bonds, facilitating efficient and secure trading. The company plays a crucial role in the securities market by ensuring the safety and accuracy of transactions and holdings. As of the latest updates available up to October 2023, CDSL has been focusing on expanding its digital services to improve customer experience and operational efficiency. However, any recent mergers, acquisitions, or major strategic initiatives beyond this period are not available in the current data set.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Central Depository Services (India) Ltd reported a total income of ₹333.60 crores. This represents a decrease of 2.3% on a quarter-over-quarter (QoQ) basis compared to ₹341.37 crores recorded in the second quarter of fiscal year 2026 (Q2FY26). Despite the QoQ decline, the company experienced an 11.9% increase on a year-over-year (YoY) basis from ₹298.11 crores in the third quarter of fiscal year 2025 (Q3FY25). The upward trend in YoY revenue growth suggests an overall increase in business activities or market share over the year, although the recent QoQ decline warrants attention to potential short-term challenges or market fluctuations impacting revenue streams.
Profitability
Central Depository Services (India) Ltd's profitability metrics for Q3FY26 reflect both short-term and long-term financial performance. The company posted a Profit Before Tax (PBT) of ₹173.15 crores, marking a 5.9% decline from the previous quarter's figure of ₹183.96 crores (Q2FY26). However, when compared to the same quarter last year (Q3FY25), where the PBT was ₹167.66 crores, there is a modest YoY increase of 3.3%. After accounting for taxes amounting to ₹38.98 crores, the Profit After Tax (PAT) for Q3FY26 was ₹132.95 crores, which is 5.0% lower than the Q2FY26 PAT of ₹139.94 crores. On a YoY basis, the PAT shows a 2.4% increase from ₹129.80 crores in Q3FY25. The Earnings Per Share (EPS) for Q3FY26 was ₹6.38, reflecting a 4.9% decline QoQ but a 2.4% increase YoY, indicative of stable earnings distribution over the year despite recent challenges.
Operating Metrics
The operating metrics of Central Depository Services (India) Ltd include key financial parameters and their fluctuations over the reviewed periods. Total expenses for Q3FY26 were reported at ₹160.45 crores, which is a 1.9% increase from the prior quarter's expenses of ₹157.41 crores in Q2FY26 and a significant 23.0% rise from ₹130.45 crores in Q3FY25. This increase in expenses could highlight expansion activities or increased operational costs. The tax liability for Q3FY26 was ₹38.98 crores, a decrease of 8.8% QoQ from ₹42.72 crores in Q2FY26, but a slight increase of 1.1% YoY from ₹38.57 crores in Q3FY25. The financial data presented does not include information on liquidity ratios or debt levels, thus calculations for ratios such as P/E or debt-to-equity are not feasible with the provided data. Overall, the operating metrics provide insights into cost management and its impact on the company's profitability and financial health.