Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Central Depository Services (India) Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 125 | 150 | 207 | 214 | 241 | 257 | 322 | 278 | 224 | 259 | 319 | 304 | 263 |
| Expenses + | 56 | 70 | 79 | 84 | 93 | 103 | 122 | 117 | 115 | 129 | 143 | 145 | 147 |
| Operating Profit | 68 | 80 | 128 | 130 | 148 | 154 | 200 | 161 | 109 | 130 | 176 | 160 | 116 |
| OPM % | 55% | 53% | 62% | 61% | 61% | 60% | 62% | 58% | 49% | 50% | 55% | 52% | 44% |
| Other Income + | 19 | 24 | 23 | 21 | 29 | 30 | 37 | 21 | 32 | 36 | 22 | 29 | 6 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 6 | 6 | 7 | 8 | 10 | 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| Profit before tax | 82 | 98 | 145 | 145 | 168 | 175 | 225 | 168 | 127 | 151 | 183 | 172 | 103 |
| Tax % | 23% | 25% | 25% | 26% | 23% | 23% | 28% | 23% | 21% | 32% | 23% | 23% | 23% |
| Net Profit + | 63 | 74 | 109 | 107 | 129 | 134 | 162 | 130 | 100 | 102 | 140 | 133 | 80 |
| EPS in Rs | 3.02 | 3.52 | 5.21 | 5.14 | 6.18 | 6.42 | 7.75 | 6.22 | 4.80 | 4.90 | 6.71 | 6.38 | 3.84 |
Financials of Central Depository Services (India) Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 105 | 123 | 146 | 188 | 196 | 225 | 344 | 551 | 555 | 812 | 1,082 | 1,145 |
| Expenses + | 60 | 59 | 67 | 77 | 87 | 136 | 132 | 186 | 236 | 324 | 457 | 563 |
| Operating Profit | 45 | 64 | 79 | 110 | 109 | 89 | 212 | 365 | 319 | 488 | 625 | 582 |
| OPM % | 43% | 52% | 54% | 59% | 56% | 40% | 62% | 66% | 57% | 60% | 58% | 51% |
| Other Income + | 23 | 72 | 41 | 38 | 49 | 59 | 57 | 55 | 66 | 95 | 119 | 94 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 6 | 4 | 4 | 7 | 10 | 12 | 9 | 11 | 19 | 27 | 49 | 66 |
| Profit before tax | 63 | 131 | 117 | 141 | 148 | 136 | 260 | 409 | 365 | 556 | 695 | 609 |
| Tax % | 31% | 31% | 26% | 27% | 23% | 22% | 22% | 24% | 24% | 25% | 24% | 25% |
| Net Profit + | 43 | 91 | 87 | 104 | 115 | 107 | 201 | 312 | 276 | 420 | 526 | 455 |
| EPS in Rs | 2.09 | 4.35 | 4.10 | 4.94 | 5.43 | 5.08 | 9.59 | 14.89 | 13.20 | 20.05 | 25.20 | 21.82 |
| Dividend Payout % | 53% | 29% | 37% | 35% | 37% | 44% | 47% | 50% | 61% | 55% | 50% | 58% |
Financials of Central Depository Services (India) Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 209 | 209 |
| Reserves | 265 | 375 | 429 | 494 | 564 | 619 | 773 | 988 | 1,109 | 1,359 | 1,551 | 1,751 |
| Borrowings + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 3 | 2 |
| Other Liabilities + | 122 | 74 | 73 | 92 | 116 | 138 | 206 | 232 | 241 | 317 | 399 | 457 |
| Total Liabilities | 491 | 553 | 606 | 690 | 784 | 862 | 1,084 | 1,326 | 1,457 | 1,781 | 2,162 | 2,419 |
| Fixed Assets + | 7 | 4 | 5 | 76 | 75 | 74 | 73 | 106 | 125 | 342 | 446 | 502 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 23 | 4 | 174 | 4 | 7 | 6 |
| Investments | 389 | 457 | 503 | 521 | 593 | 665 | 709 | 925 | 937 | 1,149 | 1,351 | 1,487 |
| Other Assets + | 95 | 92 | 98 | 93 | 115 | 123 | 278 | 290 | 221 | 287 | 357 | 424 |
| Total Assets | 491 | 553 | 606 | 690 | 784 | 862 | 1,084 | 1,326 | 1,457 | 1,781 | 2,162 | 2,419 |
Financials of Central Depository Services (India) Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 43 | 28 | 43 | 79 | 86 | 82 | 193 | 283 | 249 | 386 | 543 | 467 |
| Cash from Investing Activity + | -19 | 0 | 18 | -67 | -67 | -33 | -107 | -146 | -126 | -249 | -298 | -185 |
| Cash from Financing Activity + | -23 | -28 | -31 | -38 | -20 | -51 | -47 | -94 | -158 | -169 | -231 | -262 |
| Net Cash Flow | 0 | 1 | 29 | -26 | -1 | -1 | 38 | 44 | -35 | -32 | 14 | 19 |
| Free Cash Flow | 40 | 27 | 37 | 3 | 74 | 73 | 175 | 258 | 44 | 313 | 387 | 346 |
| CFO/OP | 140% | 102% | 94% | 107% | 110% | 119% | 118% | 105% | 107% | 102% | 110% | 107% |
Financials of Central Depository Services (India) Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24 | 39 | 33 | 37 | 36 | 42 | 40 | 30 | 25 | 30 | 18 | 21 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 24 | 39 | 33 | 37 | 36 | 42 | 40 | 30 | 25 | 30 | 18 | 21 |
| Working Capital Days | -253 | -100 | -79 | -92 | -79 | -85 | -110 | -75 | -45 | -22 | -57 | 200 |
| ROCE % | 14% | 22% | 22% | 24% | 22% | 18% | 31% | 40% | 30% | 40% | 42% | 32% |