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Central Depository Services (India) Limited Earnings Release 2021

Jul 25, 2020

62111_rns_2020-07-25_c338183a-3df7-4d22-b9e4-209735a9c546.pdf

Earnings Release

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Central Depository Services (India) Limited

CDSL/CS/SEBI/ANP/2020/102 25.07.2020

The Manager, Listing Compliance Department, National Stock Exchange of India Ltd, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400051

Dear Sir,

Subject: Media Release for Financial results for the quarter ended 30.06.2020

We hereby enclose the media release for audited consolidated and standalone financial results of the company for the quarter year ended 30.06.2020

We submit this information as Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR)

This is for your information and records.

Thanking you.

Yours faithfully

For Central Depository Services (India) Ltd.,

AMITA NITIN PAUNIKAR Digitally signed by AMITA NITIN PAUNIKAR Date: 2020.07.25 18:55:56 +05'30'

Amita Paunikar

Vice President- Legal & Company Secretary, Compliance Officer

Regd. Office : Marathon Futurex, A Wing, 25th Floor, Mafatlal Mills Compound, N M Joshi Marg, Lower Parel (E), Mumbai - 400 013. Phone: 91-22-2302 3333 • Fax: 91-22-2300 2036 • CIN: L67120MH1997PLC112443 Website: www.cdslindia.com

Media Release

An increase of 67% Y-o-Y in the Profit after Tax (Consolidated) & 82% Y-o-Y increase in the Profit after Tax (Standalone) for the quarter ended June 30, 2020

MUMBAI, July 25, 2020: Central Depository Services (India) Limited ("CDSL"), Asia's first and only listed depository, announced its audited consolidated and standalone financial results for the quarter ended June 30,2020.

Major Highlights

  • ✓ Total Profit after Tax (Consolidated) for the three months ended June 30, 2020 increased by Rs. 18.81 crore (67%) to Rs. 46.73 crore from Rs. 27.91 crore for the same period in previous year
  • ✓ Total Profit after Tax (Standalone) for the three months ended June 30, 2020 increased by Rs. 16.66 crore (82%) to Rs. 37.01 crore from Rs. 20.35 crore for the same period in previous year
  • ✓ The market capitalization of the company is Rs. 3370 crore as on the closing price of the previous day.

Financial Highlights (Y-o-Y)

✓ Total Income (Consolidated) for the quarter ended June 30, 2020 increased by Rs. 12.58 crore (17 %) to Rs. 86.01 crore from Rs. 73.43 crore

  • ✓ Total Income (Standalone) for the quarter ended June 30, 2020 increased by Rs. 15.11 crore (29 %) to Rs. 66.96 crore from Rs. 51.85 crore
  • ✓ Total EBITDA (Consolidated) for the quarter ended June 30, 2020 increased by Rs. 21.13 crore (56 %) to Rs. 58.80 crore from Rs. 37.63 crore
  • ✓ Total EBITDA (Standalone) for the quarter ended June 30, 2020 increased by Rs. 19.23 crore (71 %) to Rs. 46.28 crore from Rs.27.05 crore

Business Highlights

During the last three months, the number of new active Beneficial Owners accounts with CDSL has increased by approx. 20 lakhs taking the total number of active beneficial to 2.32 crores.

As on June 30, 2020, CDSL has 596 Depository Participants offering Depository Participants services from over 20,000 locations across the country. These Depository Participants comprise of Clearing Members, Banks, Custodians & Non-Banking Financial Companies.

In the quarter ended June 30, 2020, your company through its subsidiary CVL continued to generate capital market investor records under CVL, and being the first and largest KYC Registration Agency (KRA) in the country.

CDSL has experienced a substantial growth in the number of companies / Issuers admitted in demat from 541 in FY 1999-00 to 14,018 in FY 2019-20, a growth of 18% CAGR.

We have also initiated new services in line with transformation and requirements of the current times to promote Digital initiatives of the Government. In addition to our e-voting services, we also offer services to hold Annual General Meeting through Video conference, to make AGM a hassle-free event for the shareholders and the company. We also provide email updation services to companies to update their shareholder database, to ensure that the dissemination of communication to the shareholders is valid, sufficient and productive.

Shri Nehal Vora, MD & CEO said, "CDSL has ensured that our Depository Services continued to work seamlessly during the last quarter despite the unprecedented outbreak of the pandemic of COVID-19. Our endeavour has been to ensure a steady state in all our operations without compromising the well-being of our employees.

Our vision is to empower and promote the idea of the 'Atmanirbhar Niveshak' (self-sufficient investor) by encouraging the investors to opt for our online platform and e-services. CDSL has observed a buoyant increase in the number of new demat accounts being opened and we would like to welcome the new investors into the capital market eco-system. Our advice to all the investors is to remain vigilant, watchful and aware of your investments in the capital markets by using the easi and easiest platforms which enable the investors to independently view and transact from your demat accounts.

Our continued effort would be to enhance the digital footprint in all facets of the financial markets and continuously invest in the three-pronged motto of empowering the Atmanirbhar Niveshak or the self-sufficient investor, enhancing the convenience, ease and security of doing transactions on all the CDSL platforms and promoting trust, conviction and confidence in the financial ecosystem."

About CDSL:

Central Depository Services (India) Limited (CDSL) is India's leading and only listed depository, with an objective of providing convenient, dependable and secure depository services at affordable cost to all market participants. CDSL received its certificate of commencement of business from SEBI in February 1999 and it facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges.

CDSL maintains and services 2.32 crore Demat accounts of Investors or Beneficial Owners (BOs) spread across India. These BOs are serviced by CDSL's 596 Depository Participants (DPs) from over 20,000 locations.

CDSL's enduring focus on delivering quality services and innovative products has propelled it on a high-growth path in recent years. Since the financial services industry has become increasingly IT-reliant, cutting-edge technology is at the heart of CDSL's strategic vision.

Major shareholders of CDSL include BSE, Canara Bank, HDFC Bank, LIC and Standard Chartered Bank.

CDSL along with its subsidiaries also provides a host of services to the financial intermediaries and markets, these include:

  • CDSL Ventures Limited (CVL) looks after "Customer profiling and Record Keeping" for issuance of Know Your Client (KYC) acknowledgement to mutual fund investors. It is the first and largest KYC Registration Agency (KRA) in India with over 2 crore KYC records. The KRA enables a KYC compliant investor to avoid duplication of KYC process while opening an account for the purpose of trading / investment through multiple intermediaries in the securities market. CVL also provides eKYC and is registered as AUA/KUA with UIDAI.
  • CDSL Insurance Repository Limited (CDSLIR) is a company registered under the Companies Act, 1956. CDSL IR has received registration certificate from Insurance Regulatory and Development Authority of India (IRDAI) to act as an 'Insurance Repository' under the Guidelines on Insurance repositories and electronic issuance of insurance policies dated 29th May 2015.
  • CDSL Commodity Repository Limited allows the Farmer, Farmers Producer Organizations (FPOs), Manufacturers, etc., to obtain electronic warehouse receipts (negotiable or non-negotiable) [eNWRs or eNNWRs] in a demat account against deposit of commodities in any of the warehouses registered with Warehousing Development and Regulatory Authority (WDRA).

Media Contacts

Sandhya Dubey [email protected] +91 9820140643

Banali Banerjee [email protected] +91 9769610385

Gitanjali Sirwal [email protected] +91 9930514427