Potential further transaction fee cuts
Analysts questioned whether CDSL would cut fees further given lower rates vs. competition; management declined to comment, leaving uncertainty.
medium · analyst_questionCentral Depository Services (India) Limited — Q2 FY25
CDSL reported a strong Q2 FY25 with consolidated total income of INR 359 crore (+56% YoY) and net profit of INR 152 crore (+49% YoY), driven by robust demat account additions (1...
bullish
high
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Rising operating expenses
Other expenses (ex-employee, tech, depreciation) grew ~90% YoY, attributed to higher scale; management confirmed variable nature but did not quantify sustainability.
medium · data_observationInsurance repository growth lagging competitor
Analyst noted competitor adding ~10 lakh policies/quarter vs CDSL's ~1 lakh; management attributed to insurer dependency but offered no specific catch-up plan.
medium · analyst_question