Financial Performance Summary

Standalone Results (₹ crore):

| Period | Total Income | Net Profit | Growth Metrics |

| Q2 FY27 | 359 | 163 | QoQ: 10% income growth, 13% profit growth; YoY: 24% income growth, 28% profit growth |

| Q1 FY27 | 327 | 144 | - |

| Q2 FY26 | 290 | 128 | - |

| H1 FY27 | 685 | 308 | YoY: 14% income growth, 10% profit growth |

| H1 FY26 | 602 | 280 | - |

Consolidated Results (₹ crore):

| Period | Total Income | Net Profit | Growth Metrics |

| Q2 FY27 | 417 | 173 | QoQ: 22% income growth, 47% profit growth; YoY: 22% income growth, 24% profit growth |

| Q1 FY27 | 341 | 118 | - |

| Q2 FY26 | 341 | 140 | - |

| H1 FY27 | 758 | 291 | YoY: 19% income growth, 20% profit growth |

| H1 FY26 | 637 | 242 | - |

Operational Highlights

  • Demat account base grew by approximately 17% year-on-year as of Q2 FY27 end
  • Approximately 75 lakh new demat accounts opened with CDSL during Q2 FY27
  • Assets Under Custody (AUC) crossed ₹89 lakh crore
  • CDSL manages over 19.34 crore demat accounts and partners with more than 590 depository participants

Strategic Investments and Initiatives

  • CDSL made further investments in India International Bullion Holding IFSC Limited (IIBHL) to support IT infrastructure development
  • Strategic investment made in Open Network for Digital Commerce (ONDC), an initiative of DPIIT, Ministry of Commerce and Industry
  • Centrico Insurance Repository Limited (CIRL), a CDSL subsidiary, entered into a Software Development Partnership Agreement with Shoveltech Solutions Private Limited (health-tech domain)

Management and Governance Updates

  • Smt. Geetha Gangadharan joined CDSL's Governing Board as Non-Independent Director effective August 27, 2026
  • Shri Farokh Patel elevated to Chief Regulatory Officer & Compliance Officer effective September 1, 2026
  • Shri Kinjal Shah appointed Chief Technology Officer effective September 22, 2026

Investor Education and Protection Initiatives

CDSL Investor Protection Fund (IPF) undertook multiple initiatives:

  • Launched multilingual investor education film with Amar Chitra Katha based on 'The Garden of Prosperity' comic (available in 12 languages)
  • Distributing Amar Chitra Katha investor education comics to nearly 21,000 students across 60 schools in collaboration with Yuva Unstoppable
  • Launched 'Invest Vidya' investor education YouTube series to help understand investing fundamentals
  • Conducted over 700 Investor Awareness Programmes (IAPs) across India during the quarter

Company Background

CDSL is Asia's first listed depository, established in 1999, serving as a Market Infrastructure Institution (MII) that enables electronic holding, settlement, and transfer of securities. The company has received multiple global recognitions including "Most Innovative Fintech Company in Asia-Pacific" at Global Finance Magazine's The Innovators 2026 awards.

Subsidiary Operations

  • CDSL Ventures Limited (CVL): Wholly owned subsidiary, India's first and largest KYC Registration Agency (KRA), offers RTA, GST Suvidha Provider, e-Sign, and e-KYC services
  • Centrico Insurance Repository Limited (CIRL): Certified by IRDAI as Insurance Repository
  • Countrywide Commodity Repository Limited (CCRL): Provides electronic warehouse receipts for commodities stored in WDRA-registered warehouses

Management Commentary

Shri Nehal Vora, Managing Director & Chief Executive Officer, stated that despite global macroeconomic volatility, India's securities market participation demonstrates resilience. CDSL continues to focus on building trusted infrastructure and empowering investors through SEBI's Project Jagrook partnership and investor education initiatives.