In today’s trading session, shares of Central Depository Services Limited (CDSL), listed on the National Stock Exchange (NSE), witnessed a significant drop of nearly 5%. This decline came on the heels of the company releasing its fourth-quarter financial results and announcing a dividend payout. CDSL reported a year-on-year (YoY) decrease in consolidated net profit, which plummeted by 22% to ₹100 crore for Q4 FY25, down from ₹129 crore in Q4 FY24.
Financial Overview: Q4 FY25 Results
The financial performance of CDSL shows a concerning trend. The total income for the quarter ending March 2025 was recorded at ₹256 crore, reflecting a 4% decline compared to ₹267 crore a year prior. On a quarter-on-quarter (QoQ) basis, the decline was more pronounced, with total income falling 14% from ₹298 crore in the previous December quarter.
Dividend Announcement by CDSL
In conjunction with the results, CDSL’s board proposed a final dividend of ₹12.50 per share. This recommendation is pending approval from shareholders, as detailed in an NSE filing over the weekend.
- Dividend per share: ₹12.50
- Total equity dividend over the past year: ₹22 per share
- Current dividend yield: 1.74%
CDSL Stock Performance
At the start of the trading day, CDSL shares opened at ₹1,279.90, which was a 3.6% decline from the previous close of ₹1,328.20. The stock continued to slide, hitting a day’s low of ₹1,260, representing a 5.13% drop. Currently, CDSL shares are trading 37% lower than their 52-week high of ₹1,989.90 but have seen a 37% increase from their 52-week low of ₹917.63.
Expert Insights on CDSL’s Market Position
Anshul Jain, Head of Research at Lakshmishree Investments, provided an analysis of CDSL’s current market behavior. He noted that after experiencing a 47% correction from its all-time highs, CDSL is now trading within a defined range between ₹1,085 and ₹1,344. Jain remarked, “The stock is facing resistance near the upper limit of this range. A closure above ₹1,365 could signal a breakout, while a drop below ₹1,250 may lead to a decline toward the range’s lower boundary of ₹1,085.”
As investors assess the implications of these results and the market’s reaction, it will be crucial to monitor CDSL’s stock movements in the coming days.
