CDSL Fall Over 3% as Net Profit Drops 20%, ₹12.75 Dividend Announced
Quick Summary
CDSL reported a mixed performance in Q4 FY26 with revenue rising 17% YoY, but net profit declined 20% due to lower other income and margin pressure. EBITDA margins also contracted both YoY and QoQ. The company announced a final dividend of ₹12.75 per share. Following the results, CDSL shares fell over 3%, reflecting investor concerns over profitability despite steady operational growth.
CDSL Q4 FY26 Results: Shares of CDSL dropped over 3% on May 3 after the company announced its fourth-quarter results for the previous financial year on Saturday. By 11:54 AM, CDSL stock had recovered slightly but still trading 2.05% lower.
CDSL Q4 FY26 Results Highlights:
|
Metric |
Q4 FY26 |
Q3 FY26 |
QoQ % |
Q4 FY25 |
YoY % |
|
Revenue from Ops (₹ Cr) |
262.85 |
304.36 |
-13.64% |
224.49 |
+17.09% |
|
Total Income (₹ Cr) |
268.38 |
333.60 |
-19.55% |
255.77 |
+4.93% |
|
EBITDA (₹ Cr) |
116.75 |
161.02 |
-27.45% |
109.43 |
+6.69% |
|
EBITDA Margin % |
44.41% |
52.90% |
-8.49 pp |
48.75% |
-4.34 pp |
|
Net Profit (₹ Cr) |
79.79 |
132.95 |
-40.00% |
100.39 |
-20.52% |
-
As per company filling, revenue from operations came in at ₹262.85 crore for Q4 FY26, up ₹38.36 crore or 17.09% from ₹224.49 crore in Q4 FY25. However on a sequential basis, operating revenue slipped ₹41.51 crore or 13.64% from ₹304.36 crore in Q3 FY26.
-
Total income for the quarter stood at ₹268.38 crore, a rise of ₹12.61 crore or 4.93% over ₹255.77 crore in Q4 FY25. Against Q3 FY26, it fell ₹65.22 crore or 19.55% from ₹333.60 crore. The drag came from other income, which shrank to ₹5.53 crore from ₹29.25 crore in Q3 FY26 and ₹31.28 crore in Q4 FY25.
-
EBITDA stood at ₹116.75 crore in Q4 FY26, up ₹7.32 crore or 6.69% from ₹109.43 crore in Q4 FY25. Sequentially, EBITDA fell ₹44.27 crore or 27.45% from ₹161.02 crore in Q3 FY26. EBITDA margin for Q4 FY26 came in at 44.41%, compared to 52.90% in Q3 FY26 and 48.75% in Q4 FY25
-
Consolidated net profit after tax (PAT) stood at ₹79.79 crore in Q4 FY26, down by ₹20.60 crore or 20.52% from ₹100.39 crore in Q4 FY25. Sequentially, PAT declined by ₹53.16 crore or 40.00% from ₹132.95 crore in Q3 FY26.
CDSL Segment-wise Breakup
|
Segment |
Q4 FY26 (₹ Cr) |
Q4 FY25 (₹ Cr) |
YoY % |
|
Depository Activity |
212.39 |
181.54 |
+17.00% |
|
Data Entry and Storage |
49.85 |
42.55 |
+17.15% |
|
Repository |
1.00 |
0.69 |
+44.93% |
Source: CDSL Filing
CDSL Dividend & Stock Performance
On the dividend front, the board has recommended a final dividend of ₹12.75 per equity share for FY2025–26. It is slightly higher than last year’s dividend of ₹12.50 per share, marking an increase of ₹0.25.
However, the market reaction was not very positive. CDSL shares dropped up to 3.36% after the results, hitting ₹1,229.30. By 11:54 AM, the stock had recovered some but was still trading 2.05% lower. In contrast, the broader market remained strong, with Nifty 50 trading 0.94% higher at the same time.