CDSL has reported Profit After Tax of Rs. 86 Cr, up 76% YoY | Q2 FY22 Results Analysis
1 min readFinancial Highlights
Revenue from operations increased from Rs.89.2 Cr in Q2 FY21 to Rs.145.9 Cr in Q2 FY22, up 64% YoY
- Segment-wise Revenue Breakup
- Depository Activity – Rs.111.9 Cr, up 59% YoY and 26% QoQ
- Data Entry & Storage – Rs.33.6 Cr, up 80% YoY and 20% QoQ
- Repository – Rs.0.3 Cr, up 42% YoY and down 11% QoQ
Company has reported Profit After Tax (PAT) of Rs. 86 Cr, up 76% YoY and 34% QoQ
Business Highlights
- As on Sep-21, CDSL has 4.65 Cr investor accounts, 17,304 live companies, 591 depository participants. Number of securities in demat custody is 51,262 Cr and value of those securities is Rs.35,20,922 Cr
- As on quarter ended Sep-21, CVL, its subsidiary has over 3.45 Cr fully digitalized KYC records. It is the first and largest KYC Registration Agency in India
- CVL which also offers RTA operations services 750 companies as on Sep-21
- Currently, it has only 6.63 lakh insurance accounts because there is no mandate from regulator and the distributors of the insurance policies are also not pushing it.