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CDSL Q2 results: Profit grows 24% to ₹174 crore; demat account base expands 17% YoY - Published OnOct 31, 2026 | 15:03 IST - Last Updated OnOct 31, 2026 | 15:03 IST Robust operational margins and surging new investor registrations are powering revenue gains, driven by expanding assets under custody and broader retail market participation. Discover how leadership plans to deploy strategic capital into digital commerce and technology infrastructure next. Market Infrastructure Institution Central Depository Services (India) Limited (CDSL) reported a 24% year-on-year increase in net profit to ₹173.9 crore for the second quarter, compared to ₹140.2 crore in the corresponding quarter last year. Revenue rose 23.7% to ₹395 crore from ₹319 crore in the year-ago period. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at ₹229 crore, while EBITDA margin improved to 58% from 56% a year ago. Commenting on the results, Nehal Vora, Managing Director & Chief Executive Officer, said, “Despite global macroeconomic volatility, participation in India’s securities market continues to demonstrate resilience. CDSL’s demat account base grew by around 17% year-on-year as of the end of Q2." He added that this continued growth in market participation drives them to further strengthen their operations and value proposition. Demat accounts and assets under custody During the quarter, around 75 lakh new demat accounts were opened with CDSL, as per the company. Its assets under custody (AUC) crossed ₹89 lakh crore. The company's demat account base grew around 17% year-on-year as of the end of Q2, Managing Director and CEO Nehal Vora said. Strategic investments and partnerships During the quarter, CDSL made further investments in India International Bullion Holding IFSC Limited (IIBHL), with the objective of supporting IT infrastructure development, among other areas. The company also made a strategic investment in the Open Network for Digital Commerce (ONDC), an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry. CDSL said that its subsidiary Centrico Insurance Repository Limited entered into a software development partnership agreement with Shoveltech Solutions Private Limited, which operates in the health-tech domain. Investor education initiatives CDSL's Investor Protection Fund (IPF) launched a multilingual investor education film with Amar Chitra Katha, based on its 'The Garden of Prosperity' comic, which is available in 12 languages. In collaboration with Yuva Unstoppable, CDSL IPF began distributing its investor education comics to nearly 21,000 students across 60 schools. It also launched 'Invest Vidya', an investor education YouTube series. The investor protection fund conducted over 700 investor awareness programmes across India during the quarter. Shares of Central Depository Services (India) Ltd (CDSL) ended 1.48% lower at ₹1,263 on the NSE on October 30. Also Read: Sarda Energy Q2: Net profit falls 5%, revenue declines 5%; EBITDA margin improves
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