Central Depository Services (India) (CDSL) Q1 25/26 earnings summary

Executive summary

• Celebrated 25 years of operations, surpassing 14.5 crore demat accounts milestone as of 2025.

• Launched new investor app, direct pay-out of securities, and proxy advisory recommendations in e-voting.

• Recognized with multiple industry awards, including Global Custodian Legend Award and Regulation Asia Awards.

• Audited standalone and consolidated financial results for Q1 ended June 30, 2025, were approved with an unmodified opinion from statutory auditors.

• The group includes subsidiaries and an associate, with all results prepared per Indian Accounting Standards.

Financial highlights

• Standalone operating income for Q1FY26 was ₹248 crore, up from ₹198 crore in Q4FY25 and ₹221 crore in Q1FY25.

• Standalone net profit for Q1FY26 was ₹152 crore, up from ₹81 crore in Q4FY25 and ₹171 crore in Q1FY25.

• Consolidated income for Q1FY26 was ₹295 crore, with net profit at ₹102 crore.

• Standalone Q1 revenue from operations: ₹22,185.40 lakh, up from ₹19,789.05 lakh in Q1 last year.

• Consolidated Q1 revenue from operations: ₹25,880.74 lakh, nearly flat year-over-year.

Segment performance

• Beneficial Owner (BO) accounts increased to 15.86 million in Q1FY26 from 14.65 million in Q4FY25.

• Demat custody value rose to ₹79 lakh crore in Q1FY26 from ₹75 lakh crore in Q4FY25.

• Depository activity remains the largest revenue contributor, with ₹22,185.40 lakh in Q1 FY26.

• Data entry and storage contributed ₹3,694.23 lakh; repository segment contributed ₹85.23 lakh.

• Subsidiaries CVL, CIRL, and CCRL continued to expand services in KYC, insurance repository, and commodity repository segments.