CDSL shares jump 10% in Friday's trade; stock has given 141% returns in 12 months

Shares of Central Depository Services (CDSL) jumped as much as 9.81% to ₹2,812 apiece on the NSE on Friday, August 16. The stock drew buying interest as the record date for the issue of 1:1 bonus shares neared.

The record date for this is August 24.

Central Depository Services Limited (“CDSL”) is a depository that facilitates the holding of securities in their dematerialised form and is an enabler for securities transactions. It was found in 1999.

It is a market infrastructure institution (MII) and a crucial part of the capital market structure, providing services to all market participants: exchanges, clearing corporations, depository participants (DPs), issuers, and investors.

CDSL Q1 FY25 Results

On a standalone basis, the company reported a 30% year-on-year (YoY) rise in total income to ₹221 crore, while net profit jumped 14% YoY to ₹105 crore. On a consolidated basis, total income grew by 65% to ₹287 crore, and net profit came in at ₹134 crore, up 82% YoY.

Commenting on the results, Shri Nehal Vora, MD & CEO, said, “India's capital markets have experienced growth, benefiting from shifting investor preferences toward capital market investments. CDSL’s performance in this quarter is a consequential result of these market dynamics and emphasises our role as the trusted wealth custodian of investors.

In addition to our focus on sustainable financial and business development, we remain dedicated to empowering investors through education, as demonstrated by our recent digital initiatives, “Atmanirbhar Investor” and "No Shak Niveshak," aimed at enhancing investor awareness.

Other key highlights

During Q1 FY 2024–25, the company said that 99 lakh new demat accounts were opened.

CDSL stock price performance

The stock has rallied over 143% in the past 12 months and 1,372% in the last five years.