pocketful logo
Central Depository Services (India) Ltd logo

Central Depository Services (India) Ltd

NSE: CDSL BSE: 538434

1204.10

(0.36%)

Sat, 23 May 2026, 05:15 pm

Central Depository Services (India) Analysis

dividend

thumbs up icon

Pros

  • Dividends paid are well covered by earnings (2.5x coverage).
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
  • Central Depository Services (India)'s pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
thumbs up icon

Cons

  • Dividend payments have increased, but Central Depository Services (India) only paid a dividend in the past 2 years.
  • Whilst dividend payments have been stable, Central Depository Services (India) has been paying a dividend for less than 10 years.
  • Central Depository Services (India)'s dividend is below the markets top 25% of dividend payers in India (3.08%).

future

thumbs up icon

Pros

  • Cash flow for Central Depository Services (India) is expected to increase by more than 50% in 2 years time.
  • Central Depository Services (India)'s earnings growth is expected to exceed the low risk savings rate of 7.2%.
  • Performance (ROE) is expected to be above the current IN Capital Markets industry average.
  • An improvement in Central Depository Services (India)'s performance (ROE) is expected over the next 3 years.
thumbs up icon

Cons

  • Central Depository Services (India)'s earnings are expected to grow by 9.8% yearly, however this is not considered high growth (20% yearly).
  • Central Depository Services (India)'s earnings growth is positive but not above the India market average.
  • Central Depository Services (India)'s earnings are expected to decrease over the next year.
  • Central Depository Services (India)'s net income is expected to increase but not above the 50% threshold in 2 years time.
  • Central Depository Services (India) is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
  • Central Depository Services (India)'s revenue is expected to decrease over the next 2 years.
  • Central Depository Services (India)'s revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
  • Central Depository Services (India)'s revenues are expected to decrease over the next 1-3 years, this is below the India market average.

health

thumbs up icon

Pros

  • Central Depository Services (India) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Central Depository Services (India) is profitable, therefore cash runway is not a concern.
  • Central Depository Services (India) is profitable, therefore cash runway is not a concern.
  • Central Depository Services (India) has no debt, it does not need to be covered by operating cash flow.
  • Central Depository Services (India) has no debt, it does not need to be covered by short term assets.
  • Central Depository Services (India)'s cash and other short term assets cover its long term commitments.
  • Central Depository Services (India) has not taken on any debt in the past 5 years.
  • Central Depository Services (India) has no debt, therefore coverage of interest payments is not a concern.
  • Central Depository Services (India) has no debt.
  • Low level of unsold assets.
thumbs up icon

Cons

    management

    thumbs up icon

    Pros

    • Nehal's remuneration is lower than average for companies of similar size in India.
    • The tenure for the Central Depository Services (India) management team is about average.
    thumbs up icon

    Cons

    • The average tenure for the Central Depository Services (India) board of directors is less than 3 years, this suggests a new board.
    • Nehal's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.

    misc

    thumbs up icon

    Pros

      thumbs up icon

      Cons

      • Central Depository Services (India) has significant price volatility in the past 3 months.

      past

      thumbs up icon

      Pros

      • Central Depository Services (India)'s year on year earnings growth rate has been positive over the past 5 years.
      • Central Depository Services (India) used its assets more efficiently than the IN Capital Markets industry average last year based on Return on Assets.
      thumbs up icon

      Cons

      • Central Depository Services (India)'s 1-year earnings growth is negative, it can't be compared to the 5-year average.
      • Central Depository Services (India)'s use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
      • Central Depository Services (India) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
      • Central Depository Services (India)'s 1-year earnings growth is negative, it can't be compared to the IN Capital Markets industry average.

      value

      thumbs up icon

      Pros

      • CDSL outperformed the Capital Markets industry which returned -21% over the past year.
      • CDSL outperformed the Market in India which returned -14.5% over the past year.
      • NSEI:CDSL is up 23.3% outperforming the Capital Markets industry which returned 8.7% over the past month.
      • NSEI:CDSL is up 23.3% outperforming the market in India which returned 8% over the past month.
      thumbs up icon

      Cons

      • Central Depository Services (India)'s share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
      • Central Depository Services (India)'s share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
      • Central Depository Services (India) is overvalued based on assets compared to the IN Capital Markets industry average.
      • Central Depository Services (India) is poor value based on expected growth next year.
      • Central Depository Services (India) is overvalued based on earnings compared to the IN Capital Markets industry average.
      • Central Depository Services (India) is overvalued based on earnings compared to the India market.

      Open Your Free Demat Account Now!

      Step into a world of zero fees and limitless opportunities!

      pocketful logo

      2022-25 Pocketful. All rights reserved, Built with in India

      Version -5.76

      app image 1app image 2

      Explore

      Calculatorsfooter arrow down icon
      Popular Calculatorsfooter arrow down icon
      Group Stocksfooter arrow down icon
      Asset Management Companiesfooter arrow down icon
      Popular Stocksfooter arrow down icon
      Indian Indicesfooter arrow down icon
      Sector Wise Stocksfooter arrow down icon
      IPOfooter arrow down icon
      Share Marketfooter arrow down icon
      Best MF Schemesfooter arrow down icon
      Platformsfooter arrow down icon
      Resourcesfooter arrow down icon

      Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800