Central Depository Services (India) Limited (CDSL) - Net Assets
Based on the latest financial reports, Central Depository Services (India) Limited (CDSL) has net assets worth Rs20.02 Billion INR (≈ $216.54 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs24.19 Billion ≈ $261.61 Million USD) and total liabilities (Rs4.17 Billion ≈ $45.07 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 how strategically is Central Depository Services (India) Limi's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs20.02 Billion |
| % of Total Assets | 82.77% |
| Annual Growth Rate | 14.45% |
| 5-Year Change | 76.21% |
| 10-Year Change | 264.83% |
| Growth Volatility | 4.72 |
Central Depository Services (India) Limited - Net Assets Trend (2010–2026)
This chart illustrates how Central Depository Services (India) Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see CDSL stock market capitalisation.
Annual Net Assets for Central Depository Services (India) Limited (2010–2026)
The table below shows the annual net assets of Central Depository Services (India) Limited from 2010 to 2026. Also explore Central Depository Services (India) Limi (CDSL) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs20.02 Billion ≈ $216.54 Million |
+11.00% |
| 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs2.09 Billion | 10.66% |
| Other Components | Rs17.51 Billion | 89.34% |
| Total Equity | Rs19.60 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 |
|---|---|
|
Bravida Holding AB
ST:BRAV
|
$3.15 Billion |
|
Petrosea Tbk
JK:PTRO
|
$3.15 Billion |
|
China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd
SHE:003035
|
$3.15 Billion |
|
Huaneng Power International Inc
F:HUP1
|
$3.15 Billion |
|
Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco
F:RJ8
|
$3.14 Billion |
|
Schneider Electric Infrastructure Limited
NSE:SCHNEIDER
|
$3.14 Billion |
|
KENON HLDGS LTD
F:76N
|
$3.14 Billion |
|
Zhengzhou Coal Mining Machinery Group Co Ltd
SHG:601717
|
$3.14 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 2025 to 2026, total equity changed from 17,603,447,000 to 19,597,825,000, a change of 1,994,378,000 (11.3%).
- Net income of 4,561,318,000 contributed positively to equity growth.
- Dividend payments of 2,612,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 15,217,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.56 Billion | +23.27% |
| Dividends Paid | Rs2.61 Billion | -13.33% |
| Other Comprehensive Income | Rs15.22 Million | +0.08% |
| Other Changes | Rs30.34 Million | +0.15% |
| Total Change | Rs- | 11.33% |
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: 14.83x
- 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 125.82x to 14.83x 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 | Rs1390.00 | x |
| 2011-03-31 | Rs12.72 | Rs1390.00 | x |
| 2012-03-31 | Rs14.50 | Rs1390.00 | x |
| 2013-03-31 | Rs15.72 | Rs1390.00 | x |
| 2014-03-31 | Rs16.91 | Rs1390.00 | x |
| 2015-03-31 | Rs19.91 | Rs1390.00 | x |
| 2016-03-31 | Rs22.93 | Rs1390.00 | x |
| 2017-03-31 | Rs25.52 | Rs1390.00 | x |
| 2018-03-31 | Rs28.65 | Rs1390.00 | x |
| 2019-03-31 | Rs31.97 | Rs1390.00 | x |
| 2020-03-31 | Rs34.64 | Rs1390.00 | x |
| 2021-03-31 | Rs41.97 | Rs1390.00 | x |
| 2022-03-31 | Rs52.29 | Rs1390.00 | x |
| 2023-03-31 | Rs58.07 | Rs1390.00 | x |
| 2024-03-31 | Rs70.02 | Rs1390.00 | x |
| 2025-03-31 | Rs84.28 | Rs1390.00 | x |
| 2026-03-31 | Rs93.75 | Rs1390.00 | 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): 23.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.83%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.23x
- Recent ROE (23.27%) is above the historical average (20.05%), 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 |
| 2026 | 23.27% | 36.83% | 0.51x | 1.23x | Rs2.60 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: $2,203,611,455
- Average return on equity (ROE) among peers: 7.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Central Depository Services (India) Limited (CDSL) | Rs20.02 Billion | 20.58% | 0.21x | $3.14 Billion |
| 21st Century Management Services Limited (21STCENMGM) | $476.50 Million | -14.58% | 0.41x | $4.43 Million |
| 5paisa Capital Ltd (5PAISA) | $3.74 Billion | 3.67% | 3.30x | $162.92 Million |
| Abans Holdings Limited (AHL) | $6.60 Billion | 6.35% | 0.79x | $117.39 Million |
| AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) | $540.98 Million | 2.18% | 0.31x | $5.13 Billion |
| Almondz Global Securities Limited (ALMONDZ) | $1.43 Billion | 3.15% | 0.31x | $34.78 Million |
| Angel One Limited (ANGELONE) | $5.31 Billion | 15.02% | 3.16x | $2.96 Billion |
| Arihant Capital Markets Limited (ARIHANTCAP) | $415.50 Million | 6.91% | 1.84x | $95.18 Million |
| Ausom Enterprise Limited (AUSOMENT) | $1.61 Billion | 12.09% | 0.23x | $21.99 Million |
| Avonmore Capital & Management Services Limited (AVONMORE) | $809.80 Million | 8.72% | 0.01x | $38.02 Million |
| Aditya Birla Money Limited (BIRLAMONEY) | $1.09 Billion | 31.05% | 11.49x | $73.63 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