Central Depository Services (India)'s Q4 FY 2025-26 Quarterly Results

Result Summary

• Central Depository Services (India) Ltd reported a 19.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.9%.
• Its expenses for the quarter were up by 2.2% QoQ and 26.7% YoY.
• The net profit decreased 40.0% QoQ and decreased 20.5% YoY.
• The earnings per share (EPS) of Central Depository Services (India) Ltd stood at 3.84 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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 (CDSL) is one of the leading depositories in India, playing a crucial role in the country’s securities market. CDSL provides depository services which include account maintenance, dematerialization, rematerialization, and settlement of trades. It operates primarily in the financial services industry, facilitating the holding and transfer of securities in electronic form. CDSL’s infrastructure supports a wide range of market participants, including individual investors, brokers, and financial institutions. The company’s services contribute to the efficient functioning of the financial markets by ensuring the safekeeping and seamless transfer of securities.

Revenue

In Q4FY26, CDSL reported a total income of ₹268.38 crores, marking a 19.6% decline from the previous quarter, Q3FY26, where the total income was ₹333.60 crores. However, when compared to the same quarter of the previous year, Q4FY25, which recorded a total income of ₹255.78 crores, there is an increase of 4.9%. These figures indicate variations in the company's revenue generation on both a quarterly and annual basis, reflecting changes in market demand or operational factors impacting the company’s income streams.

Profitability

For Q4FY26, the company recorded a profit before tax of ₹104.43 crores, a significant decrease of 39.7% compared to the previous quarter, Q3FY26, where the profit before tax was ₹173.15 crores. When compared to Q4FY25, the profit before tax decreased by 17.4%, from ₹126.37 crores. The tax expenses for Q4FY26 were ₹23.43 crores, down from ₹38.98 crores in Q3FY26 and ₹26.81 crores in Q4FY25. Consequently, the profit after tax for Q4FY26 was ₹79.79 crores, a 40.0% decrease from Q3FY26, and a 20.5% decline from Q4FY25, where the profit after tax was ₹132.95 crores and ₹100.40 crores, respectively. These changes reflect shifts in the company's profitability on a quarterly and yearly basis.

Operating Metrics

In Q4FY26, CDSL reported earnings per share (EPS) of ₹3.84, which is a 39.8% decrease from the previous quarter, Q3FY26, where EPS was ₹6.38. Compared to Q4FY25, the EPS decreased by 20.0% from ₹4.80. The total expenses for Q4FY26 amounted to ₹163.95 crores, showing an increase of 2.2% from Q3FY26, which recorded expenses of ₹160.45 crores, and a significant rise of 26.7% from Q4FY25, where the expenses were ₹129.40 crores. These metrics highlight the company's operational efficiency and cost management in the face of varying revenue and profit conditions.