CDSL share price tanks over 4.5% as firm sees decline in Q4 profit and revenue; check key details

Shares of Central Depository Services Limited (CDSL) were in focus on Monday, May 5, after the firm reported a decline in its consolidated net profit and revenue for the January-March quarter of the financial year 2024-25.

At 10:07 AM, CDSL shares were trading at ₹1,265.90 apiece, declining 4.69% on the National Stock Exchange.

Its revenue from operations for the period stood at ₹224.45 crore, declining 6.7% from ₹240.78 crore reported in the March quarter of the previous fiscal year.

CDSL’s earnings before interest, tax, depreciation and amortisation (EBIITDA) also slipped 27% to ₹107.35 crore as against ₹148.02 crore. Its margin fell to 47.8% from 61.4% in Q4 FY24.

Segment-wise, the depository activity revenue stood at ₹181.53 crore in Q4 FY25, down from ₹185.08 crore reported in the same quarter the previous financial year. Data entry and storage revenue reduced sharply to ₹42.51 crore in Q4 FY25 from ₹55.14 crore in Q4 FY24.

Apart from releasing its March quarter earnings, the CDSL board has also recommended a final dividend for FY25. “The Board of Directors has recommended a final dividend of ₹12.50 per equity share of the face value of ₹10 per share for the financial year 2024-25, subject to the approval of the shareholders,” the company said in a statement.

CDSL had issued bonus shares in the ratio of 1:1 in August 2024. Considering the bonus issue, the proposed final dividend rate is the highest for CDSL, it said.

During FY2024-25, approximately 3.73 crore new demat accounts were opened with the firm.

CDSL is Asia’s only listed depository, which maintains and provides services to over 15.29 crore investors.

Shares of CDSL have tumbled over 0.70% in the last five trading sessions. However, since April 4, the scrip has gained over 10%. Year-to-date, the stock has nosedived nearly 27%.

Its market capitalisation at the end of Friday’s session stood at ₹27,686.23 crore.

According to NSE data, the company had touched its 52-week low of ₹917.63 apiece on June 4, 2024. The share had hit a one-year high on December 17, 2024, of ₹1,989.80 apiece.