CDSL: Revenue Forecasts And Client Contracts Will Shape Earnings Outlook

Analysts have raised their price target for Central Depository Services (India) from ₹1,455.18 to ₹1,504.55, citing improved revenue growth and profitability forecasts as key drivers for the upward revision. What's in the News Board of Directors meeting scheduled for November 1, 2025, to review and approve audited financial results for the quarter and half-year ended September 30, 2025 (Board Meeting).

Shared on 22 Oct 25

Fair value Increased 0.22%

Analysts Lift Price Target for Central Depository Services on Improved Margins and Client Wins

Analysts have revised their price target for Central Depository Services (India) slightly upward from ₹1,452 to ₹1,455.18. This adjustment is attributed to incremental improvements in profit margin projections and a marginal decrease in discount rate assumptions.

Shared on 08 Oct 25

Fair value Increased 2.42%

Digital Onboarding And Regulatory Reforms Will Secure Future Market Position

Analysts have raised their price target for Central Depository Services (India) from ₹1,417.70 to ₹1,452.00. They cited incremental improvements in revenue growth projections and profitability metrics as reasons for the revision.

Shared on 04 Sep 25

Digital Onboarding And Regulatory Reforms Will Secure Future Market Position

As both consensus revenue growth forecasts (12.1% p.a.) and the discount rate (14.65%) remained stable, there has been no meaningful change in the fair value estimate for Central Depository Services (India), which stays at ₹1418. What's in the News Multiple listed companies, including Transrail Lighting, Welcure Drugs & Pharmaceuticals, Supra Pacific Financial Services, Sabrimala Industries, VAS Infrastructure, MRP Agro, Kumbhat Financial Services, and Khyati Multimedia Entertainment, have appointed Central Depository Services (India) as their e-voting service provider for AGMs and postal ballots.

Shared on 15 Jul 25

Fair value Increased 11%

Digital Onboarding And Regulatory Reforms Will Secure Future Market Position

Despite lower consensus revenue growth forecasts, Central Depository Services (India) is now valued at a higher future P/E, resulting in an increased analyst price target from ₹1,272 to ₹1,396. What's in the News Khyati Multimedia Entertainment appointed CDSL as Designated Depository for e-voting on postal ballot.

Shared on 01 May 25