CDSL shares surge 46% in over two months; Check details

Shares of CDSL zoomed 5.51% to an intra-day high of ₹1,795 apiece on the National Stock Exchange (NSE) on Thursday, June 5. Over the past two months, the share has risen 45.80%.

The stock closed in the green at ₹1,778.8, up 4.56%, outperforming the Nifty50 gauge, which settled 0.53% higher.

The Central Depository Services (India) Limited (CDSL) stock gained 16.31% over the week and 15.89% in May. The stock has surged 1.1% on a year-to-date basis. The scrip saw about 95.49 lakh change hands, amounting to ₹1,637.55 crore on Thursday. The surge in share price comes despite disappointing Q4 results.

CDSL March quarter results

CDSL’s consolidated net profit contracted by 22.4% year-on-year (YoY) to ₹100.39 crore in the fourth quarter of FY25, compared to ₹129.41 crore in the corresponding period last fiscal year.

The depository’s revenue from operations also fell 6.7% YoY to ₹224.45 crore in the quarter under review, as against ₹240.78 crore in the March quarter of FY24.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation) stood at ₹107.35 crore, declining 27% YoY from ₹148.02 crore in Q4FY24. CDSL’s margin shrank to 47.8% from 61.4%.

The depository’s board of directors had also recommended a final dividend of ₹12.5 per equity share with a face value of ₹10 each for the 2024-25 financial year, subject to shareholder approval at the ensuing AGM.

Considering the 1:1 bonus shares it issued in August 2024, the proposed final dividend rate is CDSL’s highest.

During FY2024- 25, approximately 3.73 crore new demat accounts were opened with it.

The company has a total market capitalisation of ₹37,170.65 crore, as of June 5, 2025, on the NSE.

CDSL is Asia’s only listed depository, maintaining and providing services to over 15.29 crore investors.