Central Depository Services (India)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• Central Depository Services (India) Ltd reported a 10.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 2.9%.
• Its expenses for the quarter were up by 42.3% QoQ and 27.3% YoY.
• The net profit decreased 20.9% QoQ and decreased 23.7% YoY.
• The earnings per share (EPS) of Central Depository Services (India) Ltd stood at 4.9 during Q1 FY 2025-26.

Financial Statments for Q1 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 a prominent financial services company operating in India, primarily engaged in the business of providing depository services. As a part of the financial infrastructure, CDSL facilitates the holding and transacting of securities in electronic form and offers services such as dematerialization, rematerialization, and settlement of trade transactions. It operates under the regulatory purview of the Securities and Exchange Board of India (SEBI) and has established itself as a key player in the Indian securities market. While specific recent developments about the company are not available in the provided data, CDSL is known for its robust technological infrastructure and a wide network of depository participants across the country.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), CDSL reported a total income of ₹295.16 crores. This represents a quarter-over-quarter (QoQ) increase of 10.4% from ₹267.37 crores in the fourth quarter of fiscal year 2025 (Q4FY25) and a year-over-year (YoY) increase of 2.9% from ₹286.90 crores in the first quarter of fiscal year 2025 (Q1FY25). The revenue growth on both a quarterly and yearly basis reflects the company's ability to generate increased income, although the YoY growth is relatively modest compared to the QoQ growth.

Profitability

CDSL's profitability in Q1FY26, as indicated by its Profit Before Tax (PBT), was ₹151.55 crores. This marks a decrease of 8.9% QoQ from ₹166.44 crores in Q4FY25 and a decrease of 13% YoY from ₹174.13 crores in Q1FY25. The Profit After Tax (PAT) for Q1FY26 was ₹102.41 crores, reflecting a decline of 20.9% QoQ from ₹129.42 crores in Q4FY25 and a decrease of 23.7% YoY from ₹134.16 crores in Q1FY25. These declines suggest a reduction in profitability over both periods. The tax expense for Q1FY26 stood at ₹48.78 crores, which is higher both QoQ and YoY, indicating a notable increase in tax liabilities.

Operating Metrics

The operating expenses for CDSL in Q1FY26 were ₹143.61 crores, showing a significant QoQ increase of 42.3% from ₹100.92 crores in Q4FY25 and a YoY increase of 27.3% from ₹112.77 crores in Q1FY25. This substantial rise in expenses indicates a higher cost structure in the recent quarter. The Earnings Per Share (EPS) for Q1FY26 was ₹4.90, which is considerably lower than the previous quarter's figure of ₹12.40 and the year-ago figure of ₹12.80, representing a decrease of 60.5% QoQ and 61.7% YoY. This decline in EPS is consistent with the reduced profitability of the company during the quarter.