Central depositary services provider and Asia's only listed depositary, CDSL Limited announced its March quarter results today, in which the revenue of the company declined by 4% as compared to last year to Rs 298 crore, and the net profit of CDSL down by 22% as compared to last year to Rs 100 Crore. Net profit of the depositary provider declined by 23% as compared December quarter.

CDSL Board approved a dividend of 12.50 per equity share of the face value of Rs 10 per share for the financial year 2024-25, and also CDSL Board issued bonus shares in the ratio of 1:1 in august 2024, In the financial year ended in march 2025 CDSL made Net profit of Rs 81 crore and this is down by 17% as compared to last year that is financial year 2024  

The profit declined mainly due to the recent corrections in the stock market, because CDSL's business aligned with the stock market. As of Q3 data, the number of Demat accounts opened in Q3 dropped to 92 lakh compared to the 1.18 crore in the previous quarter.

The impact seen in the CDSL profit, transaction charges decreased due to low Demat accounts ,Generally, whenever markets fall or the market goes into the sideways phase for some time, like 5-6 months, then retail investors close their Demat accounts due to fear, and the number of new Demat account openings also gets impacted. That's why a falling market is directly proportional to the profit of CDSL. 

CDSL shares closed flat at Rs 1324.70 on the National Stock Exchange on Friday. In the last 6 months, CDSL shares have seen a significant correction, and the stock is down more than 32% from the high of Rs 1,956, which was made in December 2024. 

The number of Demat account closures started from January, and CDSL stock also started to fall at the end of December, so if you are an investor in CDSL Limited, it's important to you to track no of account opening and closing data.