Central Depository Services (India) Limited
Quality (89/100) does the heavy lifting; valuation (2/100) is the drag.
ExpensiveOvervaluedOur blended model reads Central Depository Services (India) Limited as a Sell at 42/100. On 61.2x trailing earnings it sits pricier than the Financial Services median of about 24.3x. The price is about 18% below its 52-week high of ₹1,640.34 and 22% above the low of ₹1,109.28. Financial health scores 80/100, with a Piotroski F-score of 3/9. The average analyst target of ₹1,276.07 implies about 5% downside across 15 analysts. It clears 6 of 12 investability checks, with durability 89, valuation 3 and momentum 52 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹540.
Analyst views
1-year price
EOD · 2026-07-2952-week range
-17.70% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell42Piotroski F-score 3/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Pass: ROE above 15%: 23.9%
- Pass: Low debt (D/E < 0.5): 0.00x
- Pass: Positive free cash flow
- Fail: Revenue growth > 10%: 6%
- Fail: Earnings growing: -20%
- Pass: Net margin ≥ 10%: 36.8%
- Pass: Current ratio > 1.5: 2.92
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Pass: Above 50-day average
- No data: Positive 1-year return
- No data: Altman Z in safe zone
- Fail: Piotroski ≥ 7: 3/9
Quarterly results
Annual financials
Shareholding
- Promoter0.0%
- Institutions15.6%
- Public & other84.4%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Strong return on equity (23.9%).
- Lightly leveraged balance sheet.
- Healthy profit margin (36.8%).
Bear case
Weaknesses
- Price below its 200-day moving average (downtrend).
- Weak Piotroski score (3/9).
Threats
- Earnings contracting year on year.
- Rich valuation versus sector peers.
- Trades ~50% above our estimated fair value.
About Central Depository Services (India) Limited
Central Depository Services (India) Limited operates a depository system with three business segments. The Depository segment provides services including dematerialisation, rematerialisation, holding, transfer, and pledge of securities in electronic form, along with e-voting services for companies. The company also operates Data Entry and Storage and Repository segments.
Central Depository Services (India) Limited — frequently asked questions
Is Central Depository Services (India) Limited a buy, hold or sell?
StocksWizard currently rates Central Depository Services (India) Limited (CDSL) a Sell, based on a blended score of 42/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Central Depository Services (India) Limited's fair value?
Our blended DCF and relative-valuation model estimates Central Depository Services (India) Limited's fair value at about ₹675, versus a current price of ₹1,350 — roughly 50% downside. On that basis the stock looks overvalued by 50%.
Is Central Depository Services (India) Limited financially healthy?
Central Depository Services (India) Limited scores 80/100 on our financial-health model, with a Piotroski F-score of 3/9.
How has Central Depository Services (India) Limited's share price performed?
Central Depository Services (India) Limited is up 7% over three months, and last traded at ₹1,350. Past performance doesn't predict future returns.
More in Financial Services
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.