CDSL Share Price Declines As Underwhelming Q4 Metrics Disappoint Street

Shares of Central Depository Services (India) Ltd. declined over 5% in early trade on Monday, after the company posted a disappointing performance in the final quarter of fiscal 2025.

Revenue dipped by 4.3% to Rs 256 crore on a year-on-year basis in the quarter under question, while net profit for the fourth quarter stood at Rs 100 crore, a dip of 22.4% from Rs 129 crore recorded in the same period during the previous fiscal.

On an operational basis, earnings before interest, tax, depreciation and amortisation declined 27% to Rs 107.35 crore versus Rs 148.02 crore, while the margin fell to 47.8% from 61.4% earlier.

The Board of Directors has recommended a final dividend of Rs 12.5 per equity share of face value of Rs 10, subject to the approval of the shareholders at the 27th Annual General Meeting of the company.

• Revenue down 4.3% to Rs 256 crore versus Rs 267 crore.

• Net profit down 22.4% to Rs 100 crore versus Rs 129 crore.

• Ebitda down 27% to Rs 107.35 crore versus Rs 148.02 crore.

• Margin contracted to 47.8% from 61.4%.

Shares of CDSL fell as much as 5.13% to Rs 1,260 apiece, the lowest level since April 21. They pared losses to trade 4.76% lower at Rs 1,265 apiece, as of 09:43 a.m. This compares to a 0.41% advance in the NSE Nifty 50.

The stock has risen 39.11% year-to-date, and has risen 17.99% in the last 12 months. Total traded volume so far in the day stood at 2.5 times its 30-day average. The relative strength index was at 50.16.

Out of 10 analysts tracking the company, two maintain a 'buy' rating, six recommend a 'hold' and two suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies a downside of 42%.