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Central Depository Services (India) Limited Earnings Release 2021

May 1, 2021

62111_rns_2021-05-01_7201171a-52f3-4aae-884e-134c42666fb6.pdf

Earnings Release

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Central Depository Services (India) Limited

CDSL/CS/SEBI/NMO/2021/122 May 01, 2021

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 and year ended 31.03.2021.

We hereby enclose the media release for audited consolidated and standalone financial results of the company for the quarter and year ended 31.03.2021.

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) Limited

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Nisha Tiwari 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

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Media Release

CDSL reports a 107% increase in annual PAT

MUMBAI, May 01, 2021: Central Depository Services (India) Limited (“CDSL”), Asia’s first and only listed depository, announced its audited consolidated and standalone financial results for the financial year and quarter ended March 31, 2021.

Shri Nehal Vora, MD & CEO said, “We are immensely proud to report CDSL’s annual and quarterly performance for the financial year 2020-21.

The strengthened and robust revenues have exceeded the high end of our expectations, demonstrating strength of the digital services during the current difficult times and a solid execution of the capital market growth strategy by the Regulators, Board of Directors, Management, and the employees of the organization.

We are excited to see the accelerated transition to online digital services in the capital market and the ease of business that it brings to all participants.

Parallelly, we continue to focus on transparency and good governance. While we became the first depository to cross the 3-crore milestone in January this year, the increase in investor participation is a boost for the economy and the nation subsequentially. The growth of the overall capital markets embarks us with a huge responsibility to create an eco-system that is safe and easy to use for each and every ‘Atmanirbhar-Niveshak’ (the self-sufficient investor).

We will continue to provide and innovate services that are convenient but more importantly dependable and secured. We will also endeavour to drive this focused approach, keeping the preference of the regulators and the market participants at the core.”

Key Highlights for the year

Standalone

  • ✓ Total Profit after tax for the financial year ended March 31, 2021 increased by Rs. 82.74 crore (107%) to Rs. 160.06 crore from Rs. 77.32 crore (FY 2019-20).

  • ✓ Total Income for the financial year ended March 31, 2021 increased by Rs. 100.96 crore (48%) to Rs. 312.35 crore from Rs. 211.39 crore (FY 2019-20).

  • ✓ EBITDA Margin increased to 68% from 50% (FY 2019-20).

Consolidated

  • ✓ Total Profit after tax for the financial year ended March 31, 2021 increased by Rs. 94.54 crore (89%) to Rs. 201.27 crore from Rs. 106.72 crore (FY 2019-20).

  • ✓ Total Income for the financial year ended March 31, 2021 increased by Rs. 116.38 crore (41%) to Rs. 400.63 crore from Rs. 284.25 crore (FY 2019-20).

  • ✓ EBITDA Margin increased to 67% from 52% (FY 2019-20).

Key Highlights (YoY)

Standalone

  • ✓ Total Profit after Tax for the quarter ended March 31, 2021 increased by Rs. 21.00 crore (100%) to Rs. 41.97 crore from Rs. 20.97 crore (Q4 FY 2019-20).

Consolidated

  • ✓ Total Profit after Tax for the quarter ended March 31, 2021 increased by Rs. 23.50 crore (84%) to Rs. 51.64 crore from Rs. 28.14 crore (Q4 FY 2019-20).

Dividend

The Company in its meeting of Board of Directors held today recommended a final dividend of Rs. 9 per equity share.

The market capitalization of the company is Rs. 8464 crore as on the closing price of the previous day.

Business Highlights

During the last financial year, 1.23 crore new active Beneficial Owners accounts were opened with CDSL taking the total number of active beneficial owners to 3.34 crores as on March 31, 2021.

In the quarter ended March 31, 2021, 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.

We have also initiated new services in line with transformation and requirements of the current times to promote #GoDigital. 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.

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 3.34 crore Demat accounts of Investors or Beneficial Owners (BOs) spread across India. These BOs are serviced by CDSL’s 592 Depository Participants (DPs) from over 20,600 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 Limited, 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 Banali Banerjee [email protected] [email protected]

Gitanjali Sirwal

[email protected]