Central Dep. Service

Central Depository Services (India) Ltd.

NSE: CDSL SECTOR: Finance - NBFC  288k   4k   1k

891.10
+5.40 (0.61%)
NSE: 29 Mar 4:00 PM

Price Summary

Today's High

₹ 909.95

Today's Low

₹ 887

52 Week High

₹ 1539

52 Week Low

₹ 880.9

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 9312 Cr.

Advances

₹ 0 Cr.

No. of Shares

10.45 Cr.

P/E

33.39

P/B

8.7

Face Value

₹ 10

Div. Yield

1.68 %

Book Value (TTM)

₹  102.45

Operating Revenue

₹ 414.8 Cr.

Net Profit

₹ 263.76 Cr.

Promoter Holding

20 %

EPS (TTM)

₹  26.69

Sales Growth

53.3

ROE

34.42 %

ROCE

44.02%

Profit Growth

64.79 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year53.3%
3 Year39.64%
5 Year27.81%

Profit Growth

1 Year64.79%
3 Year46.22%
5 Year31.2%

ROE%

1 Year34.42%
3 Year24.63%
5 Year21.23%

ROCE %

1 Year44.02%
3 Year31.49%
5 Year27.5%

ROA%

21.6833129821202

PEG Ratio

0.52

PAT Margin (%)

63.5873436879601

EPS Growth(%)

64.7921748170659

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 20 0
Sep 2022 20 0
Jun 2022 20 0
Mar 2022 20 0
Dec 2021 20 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • PAT margin has surged by 4.4346742201906%.
  • Company has maintained a good ROA of 17.413820104851% in last 3 years.
  • Company has a healthy Return on Equity (ROE) track record of 24.6286954464907%.
  • TThe company has been maintaining a healthy ROCE of 31.4881568748506% since last 3 years.
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 39.6390311052297%.
  • The company has delivered substantial profit growth of 0% over past 3 years.

 Limitations

  • Promoters shareholding is low at 20%.
  • The company is trading at 8.69831744026801 times the book value.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Operating Revenue 113.8 100.39 111.76 122.8 117.75
Other Income 7.75 8.58 46.05 17.74 15.2
Interest Expended 0 0 0 0 0
Operating Expenses 34.13 33.58 50.38 45.31 45.71
Total Provisions 0 0 0 0 0
Depreciation 2.8 3.22 3.5 4.09 4.04
Profit Before Tax 84.62 72.16 103.93 91.14 83.19
Tax 20.86 13.69 14.83 22.53 20.48
Net Profit 63.77 58.47 89.11 68.61 62.71

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Operating Income 150.83 152.34 168.15 270.58 414.8
Other Income 28.04 36.13 43.24 41.77 65.33
Interest 0 0 0.03 0.02 0.01
Operating Expenses 67.89 74.57 97.28 85.49 117.53
Total Provisions 4.6 4.24 16.91 20.47 25.24
Exceptional Items 0 0 0 0 0
Profit Before Tax 106.38 109.66 97.17 206.37 337.35
Tax 28.69 25.28 19.85 46.31 73.58
Profit After Tax 77.69 84.38 77.32 160.06 263.76
Adjusted EPS (Rs.) 7.43 8.07 7.4 15.32 25.24

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 104.5 104.5 104.5 104.5 104.5
Total Reserves 397.75 438.03 465.11 578.09 745.63
Borrowings 0 0 0 0 0
Other N/C liabilities -2.28 -2.49 2.9 141.49 222.71
Current liabilities 70.25 69.11 80.25 272.05 263.89
Total Liabilities 570.21 609.15 652.75 1096.13 1336.73
Assets
Loans 0 0 0 0 0
Net Block 74.79 72.22 72.03 70.94 102.76
Capital WIP 0 0 0 10.06 0
Intangible WIP 0 0 0 12.73 3.8
Investments 369.88 429.29 290.51 203.72 141.15
Other Loans 12.11 12.44 8.8 147.4 227.35
Other N/C Assets 1.69 7.29 2.53 3.35 3.81
Current Assets 111.75 87.91 278.89 647.94 857.86
Total Assets 570.21 609.15 652.75 1096.13 1336.73
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 20.00 20.00 20.00 20.00 20.00
bse limited 20.00 20.00 - - 20.00
bse limited - - 20.00 20.00 -
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 80.00 80.00 80.00 80.00 80.00
hdfc bank ltd. - - - - -
standard chartered... - 7.18 - - 7.18
standard chartered... - - 7.18 7.18 -
hdfc bank ltd 1.25 - - - -
standard chartere... 7.18 - - - -
canara bank - - - - 1.52
canara bank - - 2.18 1.52 -
ppfas mutual fund ... 4.67 4.67 - - -
parag parikh flexi... - - 4.67 4.67 -
parag parikh flexi... - - - - 4.67
life insurance cor... 4.40 - - - 4.40
lici asm non par - 4.40 - - -
lici asm non par - - 4.40 4.40 -
itpl - invesco ind... - - - - -
icici prudential l... - - 1.95 2.97 -
ppfas mutual fund ... - - - - -
icici prudential l... 1.35 1.56 - - 2.53
canara bank-mumbai 2.39 2.39 - - -
l&t mutual fund tr... - - - - -
nippon life india ... - - - 1.92 -
nippon life india ... 1.90 1.91 - - 1.92
nippon life india... - - 1.91 - -
union bank of indi... - - - - -
llp 0.88 0.37 0.17 0.16 0.17
reliance capital t... - - - - -
plutus wealth mana... - - - - -
indus india fund (... - 1.02 - - 1.37
indus india fund (... - - - 1.26 -
pinebridge global ... 1.16 - - - -
indus india fund ... - - 1.24 - -
the new india assu... - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

CDSL becomes first depository to open 8 crore active demat accounts9 Feb 2023, 3:20PM CDSL acquires office space worth Rs 163.16 crore in Mumbai20 Dec 2022, 11:40AM CDSL enters into MoU with Marathon Nextgen Realty, Marathon Realty5 Dec 2022, 10:19AM Central Depository Services divests stake in India International Depository IFSC 27 Oct 2022, 4:12PM Central Dep. Service - Quaterly Results22 Oct 2022, 12:00PM Central Dep. Service - Quaterly Results22 Oct 2022, 12:00PM Central Dep. Service - Quaterly Results22 Oct 2022, 12:00PM CDSL becomes first depository to open 7 crore active demat accounts5 Aug 2022, 4:12PM Central Dep. Service - Quaterly Results30 Jul 2022, 12:00PM Central Dep. Service - Quaterly Results30 Jul 2022, 12:00PM Central Dep. Service - Quaterly Results30 Jul 2022, 12:00PM Central Dep. Service - Quaterly Results29 Apr 2022, 12:00PM Central Dep. Service - Quaterly Results29 Apr 2022, 12:00PM CDSL acquires 6.78% stake in Open Network for Digital Commerce26 Mar 2022, 10:30AM CDSL’s tally of active demat accounts reaches 6 crore2 Mar 2022, 5:35PM Central Dep. Service - Quaterly Results5 Feb 2022, 12:00PM Central Dep. Service - Quaterly Results5 Feb 2022, 12:00PM Central Dep. Service - Quaterly Results5 Feb 2022, 12:00PM CDSL’s arm gets SEBI’s nod to set up accreditation agency for 3 years13 Jan 2022, 10:22AM CDSL becomes first depository to hold 5 crore plus active demat accounts26 Nov 2021, 11:42AM CDSL gets in-principle approval for divestment of stake in CDSL IFSC12 Oct 2021, 11:40AM Central Depository Services’ arm gets CCA’s nod to provide eSign services9 Sep 2021, 10:59AM Central Depository Services’ arm recognized as Bullion Depository in IFSC18 Aug 2021, 4:59PM CDSL crosses over 4 crore demat accounts8 Jul 2021, 4:57PM Central Depository Services incorporates wholly owned subsidiary company31 Mar 2021, 4:35PM CDSL gets nod for formation of subsidiary ‘CDSL IFSCA’13 Mar 2021, 11:02AM CDSL, NSE, MCX, India INX, NSDL sign MoU for setting up market infrastructure institutions2 Mar 2021, 10:44AM CDSL opens over 3 crore demat accounts15 Feb 2021, 11:32AM CDSL crosses 2.5 crore demat accounts3 Sep 2020, 10:59AM

Central Dep. Service Stock Price Analysis and Quick Research Report. Is Central Dep. Service an attractive stock to invest in?

 

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Central Dep. Service better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 263.7624 Cr and the compounded growth of profit in the past 3 years is 46.2157323727014 %. The PAT margin of Central Dep. Service is 63.5873436879601 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Central Dep. Service , the EPS grew by 64.7922175431724 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a healthy ROE track record. The ROE of Central Dep. Service is at 34.4175358724778 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Central Dep. Service is worth at the current levels at Rs 891.1. The stock is trading at a current P/E ratio of 58.6499724752277 and the average historical P/E for the last 5 years was 39.7039617978706.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Central Dep. Service is trading at a P/B of 8.6983 . The average historical P/B for the last 5 years was 8.54534640868466. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

Brief about Central Dep. Service

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