Central Depository Services Q2 Net Profit Rises 24 Percent

Central Depository Services (India) Ltd reported a 24 percent year-on-year rise in consolidated net profit to ₹173 crore for the July-September quarter of FY27, driven by a growing participant base and 7.5 million new demat accounts added during the period.

The Bottom Line

  • Consolidated net profit reached ₹173 crore for the second quarter, marking a 24 percent increase from the previous year.
  • Total income rose 22 percent year-on-year to ₹417 crore, supported by active capital market participation.
  • Assets under custody crossed ₹89 lakh crore as the total demat account base expanded to 19.34 crore.

Consolidated Earnings and Revenue Expansion

For the second quarter of FY27, consolidated total income climbed 22 percent to ₹417 crore compared with ₹341 crore a year earlier. Sequentially, net profit jumped 47 percent from ₹118 crore in the June quarter, while total income advanced 22 percent from ₹341 crore. For the first half of the fiscal year, consolidated net profit grew 20 percent to ₹291 crore, and total income rose 19 percent to ₹758 crore.

On a standalone basis, Central Depository Services (India) Ltd reported a net profit increase of 28 percent year-on-year to ₹163 crore in Q2. Total income on a standalone basis rose 24 percent to ₹359 crore. For the six months ended September, standalone profit grew 10 percent to ₹308 crore, while income increased 14 percent to ₹685 crore.

Account Growth and Assets Under Custody

Managing Director and Chief Executive Officer Nehal Vora noted that the depository added around 75 lakh demat accounts during the quarter. This expansion pushed total assets under custody beyond ₹89 lakh crore. The overall demat account base grew roughly 17 percent year-on-year by the end of September.

Despite global macroeconomic volatility, participation in India’s securities market continues to demonstrate resilience.

Vora stated that the ongoing growth in market participation is driving the company to strengthen its operations and value proposition. Currently, Asia’s first listed depository manages more than 19.34 crore demat accounts in collaboration with over 590 depository participants.

Strategic Investments and Subsidiary Developments

During the quarter, the company directed further investments into India International Bullion Holding IFSC Ltd to support IT infrastructure development. It also made a strategic investment in the Open Network for Digital Commerce, an initiative steered by the Department for Promotion of Industry and Internal Trade under the commerce ministry.

Meanwhile, its subsidiary Centrico Insurance Repository Ltd established a software development partnership with health-tech firm Shoveltech Solutions Pvt Ltd. Investor education initiatives also expanded over the period, featuring a multilingual film produced with Amar Chitra Katha, comic distribution to nearly 21,000 students across 60 schools with Yuva Unstoppable, and more than 700 nationwide awareness programmes conducted by the Investor Protection Fund.

Financial Metric (FY27 Q2) Consolidated (₹ Crore) Standalone (₹ Crore) YoY Growth
Net Profit ₹173 ₹163 +24% (Consolidated)
Total Income ₹417 ₹359 +22% (Consolidated)

Disclaimer: The information provided in this article is for educational and informational purposes only and does not constitute financial advice.

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