CDSL reports a 107% increase in annual PAT. Central Depository Services (India) Limited (“CDSL”), Asia’s first and only listed depository, announced its audited consolidated and standalone financial results for the financial year and quarter ended March 31, 2021.
Shri Nehal Vora, MD & CEO said, “We are immensely proud to report CDSL’s annual and quarterly performance for the financial year 2020-21. The strengthened and robust revenues have exceeded the high end of our expectations,
demonstrating strength of the digital services during the current difficult times and a solid execution of the capital market growth strategy by the Regulators, Board of Directors, Management, and the employees of the organization.
We are excited to see the accelerated transition to online digital services in the capital market and the ease of business that it brings to all participants.”
Key Highlights for the year
Standalone
Total Profit after tax for the financial year ended March 31, 2021 increased by Rs. 82.74 crore (107%) to Rs. 160.06 crore from Rs. 77.32 crore (FY 2019-20).
Total Income for the financial year ended March 31, 2021 increased by Rs. 100.96 crore (48%) to Rs. 312.35 crore from Rs. 211.39 crore (FY 2019-20).
EBITDA Margin increased to 68% from 50% (FY 2019-20).
Consolidated
Total Profit after tax for the financial year ended March 31, 2021 increased by Rs. 94.54 crore (89%) to Rs. 201.27 crore from Rs. 106.72 crore (FY 2019-20).
Total Income for the financial year ended March 31, 2021 increased by Rs. 116.38 crore (41%) to Rs. 400.63 crore from Rs. 284.25 crore (FY 2019-20).
EBITDA Margin increased to 67% from 52% (FY 2019-20).
Key Highlights (YoY)
Standalone
Total Profit after Tax for the quarter ended March 31, 2021 increased by Rs. 21.00 crore (100%) to Rs. 41.97 crore from Rs. 20.97 crore (Q4 FY 2019-20).
Consolidated
Total Profit after Tax for the quarter ended March 31, 2021 increased by Rs. 23.50 crore (84%) to Rs. 51.64 crore from Rs. 28.14 crore (Q4 FY 2019-20).
Dividend
The Company in its meeting of Board of Directors held today recommended a final dividend of Rs. 9 per equity share.
The market capitalization of the company is Rs. 8464 crore as on the closing price of the previous day.
Business Highlights
During the last financial year, 1.23 crore new active Beneficial Owners accounts were opened with CDSL taking the total number of active beneficial owners to 3.34 crores as on March 31, 2021. In the quarter ended March 31, 2021, your company through its subsidiary CVL continued to generate capital market investor records under CVL and being the first and largest KYC Registration Agency (KRA) in the country.
We have also initiated new services in line with transformation and requirements of the current times to promote #GoDigital. In addition to our e-voting services, we also offer services to hold Annual General Meeting through Video conference, to make AGM a hassle-free event for the shareholders and the company.
We also provide email updation
services to companies to update their shareholder database, to ensure that the dissemination of communication to the shareholders is valid, sufficient and productive.
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