Jan 21, 2022 03:59 PM
|Sep 13, 2021||Dividend||90|
|Sep 07, 2020||Dividend||45|
Central Depository Services Limited (CDSL) is engaged in providing depository services and has a market capitalization of Rs. 12,862.91 crores as of 16th August '2021. The company was incorporated in February 1999. It reported its consolidated net sales at Rs. 103.09 crores in March 2021 quarter. The National Stock Exchange has assigned the scrip code CDSL; however, it is not listed on the Bombay Stock Exchange (BSE). As of 16th August '2021. The stock of the company was trading at Rs. 1240.50
CDSL is the first Indian central depository established in Mumbai. It was established to provide convenient, secure, and dependable depository services to all market participants at rock-bottom cost. The company's main function is to assist in holding and transacting securities electronically and facilitating trades on stock exchanges. Bombay Stock Exchange Limited (BSE Ltd.), the oldest stock exchange in Asia, is the promoter of CDSL, holding 20% of the total shareholding in June 2021. The promoter's shareholding in the company has remained constant over the last year; however; the Foreign Institutional Investors have to keep increasing the stake in the company during the same 1-year period, which resulted in an increase in their stake from 8.69% in Jun 2020 to 15.49% in June 2021. Domestic Institutional Investors (DII) and Mutual Funds hold 17.25% and 7.96% stake in June 2021. The company has a zero promoter pledge.
CDSL passes the majority of CANSLIM Investment criteria. For the March 2021 quarter, the company reported a quarterly Net Profit of Rs. 51.74 crores, up 80.93% from Rs. 28.60 crores the previous quarter. EBITDA of the company stood at Rs. 70.56 crores in Mar' 2021 up 81.48% from Rs. 38.88 crores in March 2020. The EPS has increased to Rs. 4.95 from 2.74 in the last 12 months. The Return on Equity (ROE) has been declining for the last two years, indicating the inefficient use of shareholder funds. The company's shares are trading at a high PE ratio of 64.48 against the industry PE of 61.94.
Over the last five years, the company's market share has risen from 5.55% to 18.07 %. The shares of CDSL closed at Rs. 1230.65 on 13th August '2021 on NSE and had given a 238.55% return during the last 12 months.
|AGM Date (Month)||:||Sep|
|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:|