About
About Central Depository Services (India) Limited
Central Depository Services (India) Limited, together with its subsidiaries, provides depository services in India. It operates through Depository; Data Entry and Storage; and Repository segments. The Depository segment offers various services to investors, such as dematerialisation, rematerialisation, holding, transfer, and pledge of securities in electronic form; and e-voting services to companies. Its Data Entry and Stroage segment provides centralized record keeping of KYC document of capital market investors. The Repository segment offers policyholders/warehouse receipt holders a facility to keep insurance policies/warehouse receipts in electronic form and to undertake changes, modifications, and revisions in the policy/receipt. It also provides account opening, processing delivery and receipt instructions, pledging, nomination, transmission of securities, change in address, bank account details, and SMS services for depository participants (DPs). In addition, the company offers various services, such as electronic access to security information, electronic access to security information and execution of secured transaction, SMS alerts related to transactions, electronic consolidated account statements, and virtual annual general meetings; Myeasi mobile application; application programming interfaces for DPs, electronic delivery instruction slip, and electronic margin pledge; and electronic foreign investment monitoring, electronic system driven disclosure services, and electronic notices, as well as e-locker services. Further, it provides KYC registration agency, eKYC, electronic signature service, tax filing, stamp duty calendar, electronic negotiable warehouse receipts and electronic non-negotiable warehouse receipts, and electronic insurance account. The company serves market participants, exchanges, clearing corporations, DPs, issuers, and investors. Central Depository Services (India) Limited was incorporated in 1997 and is based in Mumbai, India.
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5 years, 5 months ago
Central Depository Services (India) Limited is currently in a long term uptrend where the price is trading 58.6% above its 200 day moving average.
From a valuation standpoint, the stock is 35.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 22.7.
Central Depository Services (India) Limited's total revenue rose by 59.2% to $861M since the same quarter in the previous year.
Its net income has increased by 158.0% to $537M since the same quarter in the previous year.
Finally, its free cash flow grew by 27.5% to $932M since the same quarter in the previous year.
Based on the above factors, Central Depository Services (India) Limited gets an overall score of 5/5.