Central Depository Services (India) Limited (CDSL) has reported a notable decline in its revenue for the fourth quarter of FY25, reflecting a 4.3% drop year-over-year, amounting to ₹256 crore. This downturn is evident in the company’s net profit, which fell to ₹100 crore, marking a 22.4% decrease from ₹129 crore registered in the same quarter of the previous fiscal year. These figures were revealed in an exchange filing on Saturday.
Financial Performance Overview
In terms of operational efficiency, CDSL saw earnings before interest, tax, depreciation, and amortization (EBITDA) decrease by 27%, coming in at ₹107.35 crore, down from ₹148.02 crore. Furthermore, the EBITDA margin contracted to 47.8%, a decline from the previous 61.4%.
- Q4 FY25 Revenue: ₹256 crore
- Net Profit: ₹100 crore
- EBITDA: ₹107.35 crore
- EBITDA Margin: 47.8%
Shareholder Returns and Growth Metrics
Looking ahead, the Board of Directors has proposed a final dividend of ₹12.5 per equity share, which is pending approval at the upcoming 27th Annual General Meeting (AGM).
On a more promising note, CDSL’s overall performance for FY25 showed resilience, achieving a 32% increase in revenue, totaling ₹1,199 crore, compared to the ₹907 crore from FY24. The net profit also experienced a healthy 25% growth, reaching ₹526 crore compared to ₹420 crore the previous year.
Demat Account Milestone
In a significant achievement, CDSL became the first depository to record nearly 15.3 crore demat accounts last fiscal year, with 3.73 crore new accounts opened during FY25. This growth underscores the increasing interest among retail investors, who hold 53.86% of CDSL’s equity, while mutual funds account for 7.18% as of March.
Stock Performance Insights
On the stock market front, CDSL shares rose by 0.36%, closing at ₹1,324.7 per share on the National Stock Exchange (NSE), slightly outperforming the benchmark Nifty 50, which saw a 0.05% increase. Over the past year, CDSL’s stock has appreciated by 23%, although it has seen a 27% decline since the beginning of the year.
As CDSL navigates these fluctuations, its commitment to innovation and customer service remains paramount, making it a key player in India’s financial landscape. For more details on CDSL’s performance and future projections, you can explore financial news sources or check updates on stock market trends.
