Central Depository Services (India) (CDSL) Q4 24/25 earnings summary

Executive summary

• FY25 marked a record year with consolidated revenues at INR 1,199 crore and net profit at INR 526 crore, reflecting 32% and 25% year-on-year growth, respectively.

• Celebrated 25 years of operations, surpassing 14.5 crore demat accounts milestone and receiving multiple industry awards.

• The Indian capital market reached a historic $5.7 trillion market cap in September 2024, with average daily turnover up 37% to INR 1,20,000 crore.

• Technology modernization, digital innovation, and investor-focused services remain key priorities.

• Audited standalone and consolidated financial results for Q4 and FY25 were approved, with auditors issuing an unmodified opinion.

Financial highlights

• Consolidated total income for FY25 was ₹1,19,928.23 lakh, up from ₹90,730.39 lakh in FY24; net profit after tax was ₹52,632.64 lakh.

• Standalone FY25 income rose 33% to INR 985 crore; net profit up 27% to INR 462 crore.

• Q4FY25 standalone operating income was ₹248 crore, up from ₹221 crore in Q3FY25; standalone net profit for Q4FY25 was ₹105 crore.

• CDSL Ventures saw income rise 35% to INR 254 crore, with profit up 28% to INR 109 crore.

• Received a ₹48 crore dividend from a subsidiary in Q2FY25.

Outlook and guidance

• No forward-looking financial guidance provided; management emphasizes continuous technology upgrades and market infrastructure readiness.

• The Board remains confident in the company’s legal position regarding the Anugrah Stock & Broking Pvt. Ltd. arbitral award, with no financial impact recognized.