Stock Jumps 41% YTD, Announces First-Ever 1:1 Bonus Shares; Record Date Set
Central Depository Services (India) Ltd (NSE: CDSL) Bonus Share: The Board of Directors at Central Depository Services (India) Limited has released the date of record for the bonus share on, August 10.
It has been decided by the company to establish the 24th of August as its official date. The depository service provider previously announced the issue of a bonus share for each share that is held.
On Friday, the share of the company saw an increase of 4.60 percent. The stock was trading at Rs 2,566.15 on the NSE.
This is a significant increase, meaning that the capitalization for the company has increased to an amount of Rs 26,816.27 crore.
CDSL Will Offer Bonus Shares For The Very First Time
It is the first time Central Depository Services (India) Limited will issue the bonus share to its shareholders.
CDSL will make use of its free reserve funds, which include the general reserve of the company and earned earnings retained to grant the bonus share.
Companies issue bonus shares to benefit from their free reserve funds, boost the earnings per share (EPS) and capital paid up, and reduce their reserves.
This share is given to shareholders without cost and hence is known as free shares. The company has just announced its first-ever 1:1 of the bonus share.
CDSL Quarterly Results
CDSL’s net income consolidated was up 52 percent from its fourth quarter in its previous financial year. Net profit for the business rose by a third to around Rs 129 crore rupees in March.
Total revenue during the quarter also increased 86 percent to Rs 267 crore as compared to last year. Total earnings for the whole year increased 46 percent year on year.
CDSL Stock Performance
CDSL’s share has earned an increase of 12 percent over the past month. This stock increased 38 percent in the past 6 months.
In the first quarter of the year, the stock increased by 41 percent. It has earned a solid return of 113 percent over the past year.
However, during the last five years, investors have made an incredible return at 1,249 percent.
Central Depository Services (India) Ltd Stock Performance
Current Price | ₹ 2,565 |
52-wk High | ₹ 2,565 |
52-wk Low | ₹ 1,107 |
5 Days Return | 8.17% |
1 Month Return | 5.07% |
Key Fundamentals Parameters
Market Cap | ₹ 26,807 Cr. |
Stock P/E | 55.9 |
Book Value | ₹ 140 |
Dividend | 0.74 % |
ROCE | 40.2 % |
ROE | 31.3 % |
Face Value | ₹ 10.0 |
P/B Value | 18.3 |
OPM | 61.0 % |
EPS | ₹ 45.9 |
Debt | ₹ 1.36 Cr. |
Debt to Equity | 0.00 |
Central Depository Services (India) Ltd Share: Last 5 Years’ Financial Condition
Last 5 Years’ Sales:
2020 | ₹ 215 Cr |
2021 | ₹ 344 Cr |
2022 | ₹ 551 Cr |
2023 | ₹ 555 Cr |
2024 | ₹ 920 Cr |
Last 5 Years’ Net Profit:
2020 | ₹ 107 Cr |
2021 | ₹ 201 Cr |
2022 | ₹ 312 Cr |
2023 | ₹ 276 Cr |
2024 | ₹ 480 Cr |
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