Central Depository Services (India) Limited — Q1FY27 earnings call summary

Filed 07 August 2026 · Official transcript

Q1 FY27 standalone income INR327 Cr; net profit INR144 Cr; consolidated income INR341 Cr; net profit INR118 Cr
No forward guidance given; ISIN issuance capability in progress
Opened 58 lakh new demat accounts; total 18.59 crore accounts; ~80% market share
Market share stable but incremental demat share declined 420 bps since March
KYC pricing reset led to 20% price cut; offset by higher fetch volumes and Search API charges
Employee costs up due to year-end appraisal; tax rate at 25.17%
Unlisted issuer revenue INR0.3 Cr; margin pledge income INR6.19 Cr
CVL revenue INR45 Cr (+22% y-y); profit after tax INR12.12 Cr (-5% y-y)