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CDCDSL

C D S L Q2 FY26 results (Jul–Sep 2025) and concall

Financial Services · Concall AI · Call held 3 Nov 2025

CDSL reported a mixed Q2 FY26, with strong growth in demat accounts, adding over 65 lakh new accounts and maintaining an 80% market share. However, consolidated total income and net profit saw a YoY decline, attributed by management to the absence of significant subsidiary dividends received in the prior year. The company continues to invest in technology and regulatory initiatives, while its subsidiary CDSL Ventures also experienced a notable decline in H1 FY26 performance.

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What they filed

Q2 FY26: revenue down 0.9%, net profit down 13.6% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue322 278 224 259 319 −1%
EBITDA200 161 109 130 176 −12%
Net profit162 130 100 102 140 −14%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.