CDSL Share Price Soars 10% Today: Up 82% from 52-Week Low; Bullish Chart Pattern Signals More Upside Ahead

Shares of CDSL (Central Depository Services India Ltd) continued their strong rally on June 2nd, jumping nearly 10% in intraday trade. As of today, CDSL share price is trading well above key support levels and remains in an uptrend. The stock is currently 81% above the 52-week low level, which is Rs 917.6.

CDSL Share Price Today

CDSL shares opened slightly higher on June 2 at Rs 1,533.40 compared to the previous close of Rs 1,529.70. As of 1:00 PM, CDSL stock was trading significantly higher at Rs. 1,662.20, with a strong intraday gain of Rs 132.50 or 8.66%. The stock has delivered an impressive return of 13.76% over the past 5 days, a 25.15% gain over the past month, and a huge 54.23% surge over the past year due to bullish momentum in the counter.

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CDSL shares are trading well above their 20-day, 50-day, 100-day, and 200-day Simple Moving Averages, all of which are pointing upwards.

HDFC Securities maintains an "ADD" rating on CDSL stock with a target price of Rs 1,180, based on 38x FY27E earnings. "Currently, CDSL shares are trading at a P/E of 52x for FY26E and 42x for FY27E, reflecting rich valuations but supported by strong fundamentals," the report mentioned.

CDSL Q4 FY2025 Results

Central Depository Services Limited or CDSL reported a 22% year-on-year (YoY) decline in consolidated net profit at Rs. 100 crore for Q4 FY25, compared to Rs. 129 crore in Q4 FY24.

The sequential performance also weakened, with net profit falling 23% from Rs. 130 crore in the December 2024 quarter. Total income for the March 2025 quarter stood at Rs. 256 crore, down 4% YoY and 14% QoQ from Rs. 267 crore and Rs. 298 crore, respectively.

Despite the weaker earnings, the CDSL board recommended a final dividend of Rs. 12.50 per equity share with a face value of Rs. 10 for Financial Year 2024-25, subject to shareholder approval.

"We have revised our revenue estimates for CDSL downward by approximately 4% for FY26E and 3% for FY27E due to ongoing market softness. In line with this, EPS estimates have also been cut by 5% and 4% for FY26 and FY27, respectively, owing to expected margin compression. We now anticipate a moderation in growth for FY26, with the EBITDA margin likely to settle around 56%," the HDFC Report further stated.

About CDSL

Central Depository Services (India) Limited (CDSL) was established in 1999 and is one of India's leading securities depositories. It provides convenient, dependable, and secure depository services at affordable costs to all market participants, including exchanges, clearing corporations, depository participants, issuers, and investors. The main function of CDSL is to facilitate the holding and transfer of securities in electronic form, offering services such as dematerialisation, rematerialisation, settlement of trades, and e-voting for shareholders. As per website data CDSL network comprises 577 depository participants across 17,829 locations.

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