CDSL Share Price Target CDSL which stands for Central Depository Services (India) Limited, serves as one of India’s two depositories offering electronic storage and transfer services for securities to investors, intermediaries, and issuers. The Bombay Stock Exchange (BSE) backs CDSL, which holds a significant market share of approximately 60% in demat accounts. This article will delve into CDSL’s Share Price Targets for the years 2024, 2025, 2026, 2027, and 2030. This blog post will assess CDSL Stock from different angles, including its stock price history, recent news, strengths, weaknesses, opportunities, threats, financials, risks, and key factors to monitor.
CDSL Stock has shown outstanding performance in the Indian stock market over the recent years, with a remarkable 546% return in the last five years, surpassing the Nifty 500 index significantly. Furthermore, it has reached a new 52-week peak at Rs 1724. Below is the stock price history table for CDSL spanning the past five years:
Year
Open
High
Low
Close
Change (%)
2019
230
290
190
250
8.7
2020
250
600
200
550
120
2021
550
900
450
880
60
2022
880
1620
800
1600
81.8
2023
1600
1700
1200
1692
5.8
CDSL Share Price Target 2024
Year
Minimum Price Target
Maximum Price Target
Average Price Target
2024
₹1,750
₹2,250
₹2,000
The CDSL Share Price Target for 2024 is set at a minimum of ₹1,750, a maximum of ₹2,250, and an average of ₹2,000.
CDSL Share Price Target for 2024 Month Wise
Month
CDSL Share Price Target (₹)
January 2024
₹1,750
February 2024
₹1,791.67
March 2024
₹1,833.34
April 2024
₹1,875.01
May 2024
₹1,916.68
June 2024
₹1,958.35
July 2024
₹2,000.02
August 2024
₹2,041.69
September 2024
₹2,083.36
October 2024
₹2,125.03
November 2024
₹2,166.70
December 2024
₹2,208.37
CDSL Stock Recent News
CDSL recorded a 3.15% increase in profits, amounting to Rs 272.08 crore for the fiscal year 2022-23, up from Rs 263.78 crore in the previous year. The operating revenue surged by 8.63% to Rs 450.60 crore from Rs 414.76 crore during the corresponding period.
Ambit Capital has given CDSL a ‘Buy’ rating and set a target price of Rs 1400, indicating a potential upside of 22% from the current levels. The firm believes that CDSL is well-positioned to benefit from the ‘equitisation’ trend and anticipates its market size to increase to Rs 2000 crore by FY30, up from the current Rs 900 crore.
During the previous quarter, there was a notable increase in shareholding of CDSL by mutual funds and foreign institutional investors. Mutual funds raised their ownership in CDSL from 9.82% in June 2023 to 10.45% in September 2023, whereas FIIs increased their stake from 16.64% to 17.21% during the corresponding period.
CDSL has introduced a new service named ‘e-DIS’ that enables investors to provide electronic instructions to their depository participants to transfer securities from their demat accounts. The service is designed to minimize paperwork and improve the convenience and security for investors.
CDSL Share Price Target 2025
Year
Minimum Price Target
Maximum Price Target
Average Price Target
2025
₹2,188
₹2,813
₹2,500
The CDSL Share Price Target for 2025 is projected with a minimum target of ₹2,188, a maximum target of ₹2,813, and an average target of ₹2,500.
CDSL Share Price Target for 2025 Month Wise
Month
CDSL Share Price Target (₹)
January 2025
₹2,188
February 2025
₹2,240.08
March 2025
₹2,292.16
April 2025
₹2,344.24
May 2025
₹2,396.32
June 2025
₹2,448.40
July 2025
₹2,500.48
August 2025
₹2,552.56
September 2025
₹2,604.64
October 2025
₹2,656.72
November 2025
₹2,708.80
December 2025
₹2,760.88
Strengths of CDSL Stock
CDSL holds a duopoly position in the depository sector alongside NSDL, commanding a significant market share of approximately 60% in demat accounts. As a result, it has a competitive advantage and pricing control over its clients and intermediaries.
CDSL enjoys a varied and consistent income flow, including transaction fees, annual fees, corporate action fees, e-voting fees, e-insurance fees, and additional charges. The company’s earnings are closely connected to the level of activity and involvement in the expanding Indian capital markets.
CDSL has a robust and scalable technology platform, which enables it to provide efficient, secure, and reliable services to its clients. The company has also invested in enhancing its cybersecurity and disaster recovery capabilities to prevent any data breaches or service disruptions.
CDSL has demonstrated robust financial results, showing steady increases in both revenue and net profit in recent years. The company has sustained an impressive operating margin exceeding 60% and a notable return on equity surpassing 29%. Furthermore, CDSL is free of debt and boasts a strong dividend payout ratio of more than 95%.
CDSL Share Price Target 2026
Year
Minimum Price Target
Maximum Price Target
Average Price Target
2026
₹2,734
₹3,516
₹3,125
CDSL Share Price Target 2026: The CDSL Share Price Target for 2026 is estimated at a minimum of ₹2,734, a maximum of ₹3,516, and an average of ₹3,125.
CDSL Share Price Target for 2026 Month Wise
Month
CDSL Share Price Target (₹)
January 2026
₹2,734
February 2026
₹2,799.67
March 2026
₹2,865.34
April 2026
₹2,931.01
May 2026
₹2,996.68
June 2026
₹3,062.35
July 2026
₹3,128.02
August 2026
₹3,193.69
September 2026
₹3,259.36
October 2026
₹3,325.03
November 2026
₹3,390.70
December 2026
₹3,456.37
Weakness of CDSL Stock
CDSL is exposed to regulatory risks due to operating in a tightly regulated sector with regulations that are frequently altered by SEBI and other authorities. Negative regulatory measures or failure to comply could impact the company’s reputation, functioning, and financial performance.
CDSL competes with NSDL, the other depository in India, which holds a larger market share in terms of the value of securities. NSDL also has a stronger presence in the institutional segment, potentially providing it with advantages in pricing and service quality.
CDSL is exposed to technological risks due to its heavy dependence on its IT infrastructure and systems for its primary functions. Any malfunction, interruption, or violation of its IT systems could lead to data loss, service disruption, customer discontent, and legal responsibilities.
CDSL Company Financials Year Wise
Year
Revenue (Rs crore)
Net Profit (Rs crore)
EPS (Rs)
Dividend (Rs)
ROE (%)
ROCE (%)
2019
201.64
146.32
14.01
13.5
24.00
23.68
2020
272.48
185.21
17.72
17.5
24.00
24.00
2021
414.76
263.78
25.24
25
24.00
25.00
2022
450.60
272.08
26.02
25
29.98
38.31
2023
489.65
295.25
28.25
27
29.97
37.94
The financial reports of CDSL indicate a positive trend in revenue and net profit growth, boasting a compounded annual growth rate (CAGR) of 24.47% and 28.49% over the last five years. Additionally, CDSL has demonstrated a consistent increase in earnings per share (EPS) and dividend per share (DPS), underscoring its profitability and commitment to shareholders. Furthermore, the company has made significant enhancements in return on equity (ROE) and return on capital employed (ROCE), showcasing improved efficiency and capital allocation.
CDSL Share Price Target 2030
Year
Minimum Price Target
Maximum Price Target
Average Price Target
2030
₹6,676
₹8,583
₹7,629
CDSL Share Price Target 2030: The CDSL Share Price Target for 2030 is set with a minimum of ₹6,676, a maximum of ₹8,583, and an average of ₹7,629.
CDSL Stock has excelled in the Indian stock market, showing a remarkable 546% return in the last five years. It dominates the depository sector, holding around 60% of demat accounts. With a diverse revenue stream linked to capital market activities, CDSL has a strong and scalable technology platform that ensures secure and efficient services.
The company’s financial performance is impressive, with consistent revenue and net profit growth, high operating margins, a solid return on equity, and a good dividend payout ratio. Despite setting CDSL Share Price Targets for 2024 to 2030, potential risks and challenges lie ahead, including regulatory changes, technological disruptions, cybersecurity risks, market slowdowns, competition from NSDL, and customer satisfaction issues.
The company must continuously innovate and grow its services, strengthen its cybersecurity and compliance measures, and uphold its quality and standing. As a result, CDSL Stock presents an attractive investment opportunity for long-term investors seeking a stable and profitable company in the depository industry, with significant growth prospects and a loyal clientele. Nonetheless, investors should be mindful of the associated risks and uncertainties of the stock and keep track of the critical factors that could impact its performance.
FAQ
What is CDSL Share Price Target 2024?
In 2024, the projected target price for CDSL shares is set to reach a minimum of ₹1,750, with a possible maximum of ₹2,250, and an average target price of approximately ₹2,000.
What is CDSL Share Price Target 2025?
In 2025, the expected price range for CDSL shares is projected to be between ₹2,188 and ₹2,813, with an average target of ₹2,500.
What is CDSL Share Price Target 2026?
By 2026, the anticipated price range for CDSL shares is estimated to be between ₹2,734 and ₹3,516, with an average of about ₹3,125.
What is CDSL Share Price Target 2030?
In 2030, CDSL is expected to have a share price target ranging from at least ₹6,676 to a maximum of ₹8,583, with an average target price of around ₹7,629.
