(₹ Crores) CENTRAL DEPOSITORY SERVICES (INDIA) LTD

Narration Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20

Sales Growth 16.5% 18.8% 28.6% 4.6% 14.7%
Sales 105 123 146 188 196 225
Gross Profit Margin 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Operating Profit 45 64 79 110 109 89
Operating Profit Margin (OPM%) 43% 52% 54% 59% 56% 40%
Other Income 23 72 41 38 49 59
EBITDA 69 136 120 148 158 148
Interest 0 0 0 0 0 0
Depreciation 6 4 4 7 10 12
Profit before tax (PBT) 63 131 117 141 148 136
Tax 19 40 30 38 33 30
Tax% 31% 31% 26% 27% 23% 22%
Net profit after tax (PAT) 44 91 86 103 114 106
Net Profit Margin (NPM%) 41% 74% 59% 55% 58% 47%

Cash from Operating Activity (CFO) 43 28 43 79 86 82

Capex [(NFA+WIP) change+Dep] 1 6 78 9 11
Free Cash Flow (FCF) 27 37 2 77 71
Total Debt (D) - - - - - -
Total Equity (E) 369 479 533 599 668 724
D/E (Debt by Equity) 0.0 0.0 0.0 0.0 0.0 0.0
Share Capital 104.5 104.5 104.5 104.5 104.5 104.5
Dividend Paid (Div) Without DDT 23 26 31 37 42 47

PBT/Avg. NFA (<10%,>25%) 2535% 2622% 348% 196% 182%

ROE on Avg Equity (<7%,>25%) 19% 17% 18% 18% 15%
ROCE (EBIT on Avg CE/TA) (<10%,>35%) 25% 20% 22% 20% 17%

Net Fixed Asset Turnover (High is better) 23.72 32.85 4.62 2.59 3.01
Receivables days (Low is better) 30 33 31 35 37
Inventory Turnover (High is better) #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Months of RM held as Inv. (Low is better) #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Working capital cycle days (Rec + Inv Days) #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Net Fixed Assets (NFA) 7 4 5 76 75 74

Capital Work in Progress (CWIP) 0 0 0 0 0 0

Dividend Paid (Div) Without DDT 23 26 31 37 42 47

Dividend Payout (Div/PAT) 53% 29% 37% 35% 37% 44%
Retained Earnings (RE=PAT-Div) 21 65 54 67 72 59
Price to earning - - - 29 22 21
Market Capitalization - - - 2,954 2,535 2,240
Cash + Investments (CI +NCI) 455 498 551 563 649 718
Cash Flows Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20
Cash from Operating Activity (CFO) 43 28 43 79 86 82
Cash from Investing Activity (CFI) (19) 0 18 (67) (67) (33)
Cash from Financing Activity (CFF) (23) (28) (31) (38) (20) (51)
Net Cash Flow (CFO+CFI+CFF) 0 1 29 (26) (1) (1)
Cash & Eq. at the end of year 66 40 48 42 56 54
Y SERVICES (INDIA) LTD Dec-24
Last 10 Yrs
Mar-21 Mar-22 Mar-23 Mar-24 Last 4 Quarters Total
52.7% 60.4% 0.7% 46.3% 35.2%
344 551 555 812 1,099 3,246
100.0% 100.0% 100.0% 100.0%
212 365 319 488 663
62% 66% 57% 60% 60%
57 55 66 95 116 555
269 420 385 583 779 2,436
0 0 0 0 0 0
9 11 19 27 43 110 1
260 409 365 556 736
58 97 89 136 181
22% 24% 24% 25% 25%
200 311 276 419 556 1,750
58% 56% 50% 52% 51% 53.91%

193 283 249 386 CFO 1,472

31 25 208 74 Capex 443
162 258 40 312 FCF 1,030 2
- 0 2 1 FCFE (FCF - Int exp) 1,029
877 1,093 1,214 1,463 Total Div 10 Yrs 854
0.0 0.0 0.0 0.0 Inc. in Debt 10Y 1
104.5 104.5 104.5 104.5 Surplus funds 177 3
94 157 167 230 FCF/CFO 70%

351% 455% 316% 239%

25% 32% 24% 31%
27% 34% 26% 34% 4
4.65 6.14 4.81 3.49
26 23 27 23
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
#DIV/0! #DIV/0! #DIV/0! #DIV/0! 5
#DIV/0! #DIV/0! #DIV/0! #DIV/0!

73 106 125 342

23 4 174 4 6
94 157 167 230
47% 50% 61% 55%
106 154 109 189 896
34 50 34 43 7
6,856 15,470 9,497 17,890 31,355
917 1,131 1,008 1,202 1,202
 Last 10 Yrs
Mar-21 Mar-22 Mar-23 Mar-24 Total
193 283 249 386 1,472
(107) (146) (126) (249) (796)
(47) (94) (158) (169) (659) 8
38 44 (35) (32) 18
208 206 71 53

Source: Screener.in
COMPANY NAME CENTRAL DEPOSITORY SERVICES (INDIA) LTD
LATEST VERSION 2.10 PLEAS
CURRENT VERSION 2.10

META
Number of shares 20.90
Face Value 10
Current Price 1500.25
Market Capitalization 31355.23

PROFIT & LOSS

Report Date Mar-15 Mar-16 Mar-17 Mar-18
Sales 105.42 122.85 146 187.69
Raw Material Cost
Change in Inventory
Power and Fuel 0.61 0.69 0.67 0.65
Other Mfr. Exp 9.26 9.25 9.74 9.72
Employee Cost 19.58 21.95 25.39 31.14
Selling and admin 26.69 18.04 17.15 21.49
Other Expenses 3.87 9 13.63 14.32
Other Income 23.45 71.58 40.85 37.99
Depreciation 6.24 4.19 3.7 6.95
Interest
Profit before tax 62.62 131.31 116.57 141.41
Tax 19.2 40.18 29.98 37.78
Net profit 43.66 91 85.78 103.18
Dividend Amount 22.99 26.12 31.35 36.58

Quarters
Report Date Sep-22 Dec-22 Mar-23 Jun-23
Sales 148.95 141.19 124.77 149.68
Expenses 57.63 56.56 56.47 70.14
Other Income 20.99 19.68 19.05 24.18
Depreciation 4.89 4.94 5.47 5.83
Interest 0.04 0.04 0.03 0.03
Profit before tax 107.38 99.33 81.85 97.86
Tax 26.92 24.57 18.73 24.18
Net profit 80.41 74.64 63.1 73.57
Operating Profit 91.32 84.63 68.3 79.54

BALANCE SHEET
Report Date Mar-15 Mar-16 Mar-17 Mar-18
Equity Share Capital 104.5 104.5 104.5 104.5
Reserves 264.9 374.82 428.82 494.25
Borrowings
Other Liabilities 121.77 73.66 73.18 91.59
Total 491.17 552.98 606.5 690.34
Net Block 6.69 3.67 5.22 76.09
Capital Work in Progress 0.26
Investments 389.26 457.47 502.9 521.04
Other Assets 95.22 91.84 98.12 93.21
Total 491.17 552.98 606.5 690.34
Receivables 6.91 13.01 13.27 18.85
Inventory
Cash & Bank 65.6 40.37 48.32 41.95
No. of Equity Shares 104500000 104500000 104500000 104500000
New Bonus Shares
Face value 10 10 10 10

CASH FLOW:
Report Date Mar-15 Mar-16 Mar-17 Mar-18
Cash from Operating Activity 42.95 28.42 42.74 79.3
Cash from Investing Activity -19.44 0.27 18.19 -67.09
Cash from Financing Activity -23.48 -27.67 -31.44 -37.73
Net Cash Flow 0.03 1.01 29.49 -25.52

PRICE: 141.33

DERIVED:
Adjusted Equity Shares in Cr 20.90 20.90 20.90 20.90
 PLEASE DO NOT MAKE ANY CHANGES TO THIS SHEET

Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24

196.25 225.11 343.72 551.33 555.09 812.26

0.52 0.44 0.51 0.55 1 1.15

13.98 15.36 19.32 26.43 38.4 63.32
35.59 48.84 43.54 53.13 83.17 99.29
19.8 34.31 24.04 37.88 52.12 75.26
17.43 37.1 44.49 67.89 61.49 84.93
49.19 59.15 56.92 54.57 65.85 95.05
9.92 11.73 9.2 11.46 19.48 27.23
0.03 0.02 0.01 0.13 0.11
148.2 136.45 259.52 408.55 365.15 556.02
33.38 29.73 58.25 96.74 89.19 136.45
113.51 106.16 200.34 311.18 275.94 419.11
41.8 47.02 94.05 156.75 167.2 229.9

Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24

207.31 214.48 240.78 257.39 322.26 278.11
78.84 84.04 92.89 102.95 122.46 117.48
22.8 21.48 28.55 30.01 36.84 20.73
6.49 6.9 8.01 9.8 11.93 12.97
0.03 0.03 0.02 0.02 0.02 0.01
144.75 144.99 168.41 174.63 224.69 168.38
 35.78 37.51 38.98 40.47 62.73 38.57
108.85 107.42 129.26 134.2 162.03 130.1
128.47 130.44 147.89 154.44 199.8 160.63

Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24

104.5 104.5 104.5 104.5 104.5 104.5
563.64 619.49 772.72 988.42 1109.23 1358.84
0.29 2.37 1.36
115.65 138.34 206.76 232.36 240.81 316.71
783.79 862.33 1083.98 1325.57 1456.91 1781.41
75.24 74.35 73.43 106.18 124.59 341.53
22.78 3.8 174.29 3.82
593.25 664.59 709.42 925.49 936.69 1149.28
115.3 123.39 278.35 290.1 221.34 286.78
783.79 862.33 1083.98 1325.57 1456.91 1781.41
19.14 26.03 23.74 45.83 37.67 66.83

55.5 53.7 207.68 205.85 71.02 52.86

104500000 104500000 104500000 104500000 104500000 104500000

10 10 10 10 10 10

Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24

85.7 82.17 192.56 283.41 248.83 385.94
-66.78 -32.66 -107.23 -145.53 -126.28 -249.24
-20.09 -50.54 -47.16 -94.18 -157.78 -168.58
-1.17 -1.02 38.17 43.7 -35.23 -31.88

121.28 107.2 328.03 740.18 454.38 855.98

20.90 20.90 20.90 20.90 20.90 20.90