Central Depository Services (India) Limited (CDSL) - Net Assets
Based on the latest financial reports, Central Depository Services (India) Limited (CDSL) has net assets worth Rs17.86 Billion INR (≈ $193.13 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs23.84 Billion ≈ $257.84 Million USD) and total liabilities (Rs5.98 Billion ≈ $64.71 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Central Depository Services (India) Limi (CDSL) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs17.86 Billion |
| % of Total Assets | 74.9% |
| Annual Growth Rate | 14.69% |
| 5-Year Change | 96.07% |
| 10-Year Change | 265.16% |
| Growth Volatility | 4.78 |
Central Depository Services (India) Limited - Net Assets Trend (2010–2025)
This chart illustrates how Central Depository Services (India) Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Central Depository Services (India) Limi for the complete picture of this company's asset base.
Annual Net Assets for Central Depository Services (India) Limited (2010–2025)
The table below shows the annual net assets of Central Depository Services (India) Limited from 2010 to 2025. For live valuation and market cap data, see Central Depository Services (India) Limi stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs18.04 Billion ≈ $195.08 Million |
+19.68% |
| 2024-03-31 | Rs15.07 Billion ≈ $163.00 Million |
+19.89% |
| 2023-03-31 | Rs12.57 Billion ≈ $135.95 Million |
+10.63% |
| 2022-03-31 | Rs11.36 Billion ≈ $122.89 Million |
+23.51% |
| 2021-03-31 | Rs9.20 Billion ≈ $99.49 Million |
+20.13% |
| 2020-03-31 | Rs7.66 Billion ≈ $82.82 Million |
+7.95% |
| 2019-03-31 | Rs7.09 Billion ≈ $76.72 Million |
+15.41% |
| 2018-03-31 | Rs6.15 Billion ≈ $66.48 Million |
+12.01% |
| 2017-03-31 | Rs5.49 Billion ≈ $59.35 Million |
+11.09% |
| 2016-03-31 | Rs4.94 Billion ≈ $53.42 Million |
+14.73% |
| 2015-03-31 | Rs4.31 Billion ≈ $46.57 Million |
+17.33% |
| 2014-03-31 | Rs3.67 Billion ≈ $39.69 Million |
+7.66% |
| 2013-03-31 | Rs3.41 Billion ≈ $36.87 Million |
+8.80% |
| 2012-03-31 | Rs3.13 Billion ≈ $33.88 Million |
+17.83% |
| 2011-03-31 | Rs2.66 Billion ≈ $28.76 Million |
+15.16% |
| 2010-03-31 | Rs2.31 Billion ≈ $24.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Central Depository Services (India) Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1128.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs15.53 Billion | 88.21% |
| Common Stock | Rs2.09 Billion | 11.87% |
| Other Comprehensive Income | Rs-15.22 Million | -0.09% |
| Total Equity | Rs17.60 Billion | 100.00% |
Central Depository Services (India) Limited Competitors by Market Cap
The table below lists competitors of Central Depository Services (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viva Energy Group Ltd
AU:VEA
|
$2.88 Billion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
$2.88 Billion |
|
Fraser Neave Holdings Bhd
KLSE:3689
|
$2.88 Billion |
|
Ambarella Inc
NASDAQ:AMBA
|
$2.88 Billion |
|
Transmissora Aliança de Energia Elétrica S.A
SA:TAEE11
|
$2.87 Billion |
|
Shanxi Meijin Energy Co Ltd
SHE:000723
|
$2.87 Billion |
|
HC Semitek Corp
SHE:300323
|
$2.87 Billion |
|
Q2 Holdings
NYSE:QTWO
|
$2.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Central Depository Services (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,633,434,000 to 17,603,447,000, a change of 2,970,013,000 (20.3%).
- Net income of 5,266,412,000 contributed positively to equity growth.
- Dividend payments of 2,299,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,601,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs5.27 Billion | +29.92% |
| Dividends Paid | Rs2.30 Billion | -13.06% |
| Other Comprehensive Income | Rs2.60 Million | +0.01% |
| Total Change | Rs- | 20.30% |
Book Value vs Market Value Analysis
This analysis compares Central Depository Services (India) Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 15.09x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 115.14x to 15.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | Rs11.05 | Rs1272.00 | x |
| 2011-03-31 | Rs12.72 | Rs1272.00 | x |
| 2012-03-31 | Rs14.50 | Rs1272.00 | x |
| 2013-03-31 | Rs15.72 | Rs1272.00 | x |
| 2014-03-31 | Rs16.91 | Rs1272.00 | x |
| 2015-03-31 | Rs19.91 | Rs1272.00 | x |
| 2016-03-31 | Rs22.93 | Rs1272.00 | x |
| 2017-03-31 | Rs25.52 | Rs1272.00 | x |
| 2018-03-31 | Rs28.65 | Rs1272.00 | x |
| 2019-03-31 | Rs31.97 | Rs1272.00 | x |
| 2020-03-31 | Rs34.64 | Rs1272.00 | x |
| 2021-03-31 | Rs41.97 | Rs1272.00 | x |
| 2022-03-31 | Rs52.29 | Rs1272.00 | x |
| 2023-03-31 | Rs58.07 | Rs1272.00 | x |
| 2024-03-31 | Rs70.02 | Rs1272.00 | x |
| 2025-03-31 | Rs84.28 | Rs1272.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Central Depository Services (India) Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 29.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.66%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.23x
- Recent ROE (29.92%) is above the historical average (19.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 20.58% | 46.93% | 0.30x | 1.47x | Rs244.30 Million |
| 2011 | 19.21% | 46.34% | 0.36x | 1.17x | Rs244.95 Million |
| 2012 | 18.26% | 45.84% | 0.33x | 1.21x | Rs250.42 Million |
| 2013 | 15.20% | 55.03% | 0.22x | 1.27x | Rs170.88 Million |
| 2014 | 13.96% | 55.49% | 0.20x | 1.29x | Rs140.09 Million |
| 2015 | 13.86% | 54.78% | 0.21x | 1.23x | Rs160.65 Million |
| 2016 | 18.99% | 74.07% | 0.22x | 1.15x | Rs430.67 Million |
| 2017 | 16.08% | 58.75% | 0.24x | 1.14x | Rs324.50 Million |
| 2018 | 17.23% | 54.97% | 0.27x | 1.16x | Rs433.02 Million |
| 2019 | 16.99% | 57.84% | 0.25x | 1.17x | Rs467.00 Million |
| 2020 | 14.66% | 47.16% | 0.26x | 1.19x | Rs337.56 Million |
| 2021 | 22.84% | 58.29% | 0.32x | 1.24x | Rs1.13 Billion |
| 2022 | 28.47% | 56.44% | 0.42x | 1.21x | Rs2.02 Billion |
| 2023 | 22.73% | 49.71% | 0.38x | 1.20x | Rs1.55 Billion |
| 2024 | 28.64% | 51.60% | 0.46x | 1.22x | Rs2.73 Billion |
| 2025 | 29.92% | 48.66% | 0.50x | 1.23x | Rs3.51 Billion |
Industry Comparison
This section compares Central Depository Services (India) Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $5,711,726,270
- Average return on equity (ROE) among peers: 24.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Central Depository Services (India) Limited (CDSL) | Rs17.86 Billion | 20.58% | 0.34x | $2.88 Billion |
| 21st Century Management Services Limited (21STCENMGM) | $620.72 Million | 11.01% | 0.47x | $4.15 Million |
| 5paisa Capital Ltd (5PAISA) | $6.04 Billion | 11.30% | 1.76x | $113.39 Million |
| Abans Holdings Limited (AHL) | $7.36 Billion | 8.41% | 0.59x | $117.39 Million |
| AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) | $34.16 Billion | 125.98% | 1.02x | $4.33 Billion |
| Almondz Global Securities Limited (ALMONDZ) | $1.19 Billion | 8.20% | 0.87x | $30.95 Million |
| Angel One Limited (ANGELONE) | $3.47 Billion | 12.65% | 1.81x | $3.03 Billion |
| Arihant Capital Markets Limited (ARIHANTCAP) | $1.82 Billion | 19.04% | 1.53x | $83.11 Million |
| Ausom Enterprise Limited (AUSOMENT) | $495.46 Million | 16.21% | 0.82x | $21.77 Million |
| Avonmore Capital & Management Services Limited (AVONMORE) | $341.22 Million | 1.46% | 0.00x | $37.72 Million |
| Aditya Birla Money Limited (BIRLAMONEY) | $1.63 Billion | 32.55% | 12.01x | $89.41 Million |
About Central Depository Services (India) Limited
Central Depository Services (India) Limited, together with its subsidiaries, provides depository services in India. It operates through Depository; Data Entry and Storage; and Repository segments. The Depository segment offers various services to investors, such as dematerialisation, rematerialisation, holding, transfer, and pledge of securities in electronic form; and e-voting services to compan… Read more