Looking for the best depositary stocks to invest in? In this post, we are going analyze CDSL share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040 for educational purposes.
Along with the CDSL stock price prediction, we’ll take a look at the company’s profile, revenue sources, sector growth in future, peers & competitors, market cap, technical indicators, Quarterly & Yearly results, fundamental analysis, strength & weakness, cash flow, promoters shareholding, and much more.
With the help of this post, you might able to analyze as well whether depositary services stock in the depositary sector performs good in short term and long-term period.
A Brief Overview of Central Depositary Services Limited (CDSL) History
The Central Depositary Services Limited (traded as CDSL) is an India-based stock depositary company which is a main part of capital market structures and Market Infrastructure Institutions.
The CDSL mainly works to provide depositary services to the participants of the Indian stock market such as exchanges, commodities, issuers, investors, and more. The growth of this leading depositary in India depends on the number of participants who invest in stocks through their demat accounts from the stock broking firms such as Angel One, Zerodha, Groww, Upstox, etc.
The CDSL was established in 1999 and become the member of NSE, BSE, ISIN, and more. Their headquarter is located in Mumbai, India. On 2017, the cdsl was listed in NSE through IPO.
The CDSL offer facilities for holding and transaction of securities in electronic form. They also offer settlement of trades executed on stock exchanges such as NSE, BSE, etc. Their main revenue is coming from depositary services. Having the leading depositary in India with diversified services, we will get a knowledge and try to explore their CDSL share price target in this blog for 2024, 2025, 2026, 2030, and up to 2040.
Currently, the company is increasing their free cash flow and also debt-free. For more detailing to analyze the CDSL stock price, we will use different market scenarios, their subsidiaries, act, charts, and technical analysis that might help to predicts the forecast of CDSL stock up to the year 2040.
| Company Type- | Mid Cap Company |
| Expertise or Industry- | Depositary Services. |
| Ticker Symbol- | NSE- CDSL. ISIN- INE736A01011. |
| Traded As (Listed In)- | National Stock Exchange (NSE). |
| Founded In- | 1999 |
| Founders- | Not Known |
| Headquarters- | Mumbai, India |
| Key People- | Nehal Vora (Chairman & MD) |
| Area Served- | India |
| Parent Holders- | None |
| Subsidiaries- | CDSL Ventures Ltd. CDSL Insurance Repository Limited. |
| Official Website- | cdslindia.com. |
Fundamental Analysis of CDSL Stock
Currently, the CDSL Share Price today– ₹1879.75.
Having a leading depositary service for the stocks, securities, trades, and other exchanges, the CDSL has strong grip in this sector which makes the company’s fundamentals strong so that we can also able to predict the CDSL share price target tomorrow after comparing their peers and other parameters. For both fundamental & technical analysis, we can look at PE ratio, dividend yield, total equity size, total shareholders, book value, face value, PAT, market cap, EPS, and much more.
| Market Cap- | ₹39,370 Cr. |
| Total No. of Shareholders- | 11.04L |
| No. of Equity Shares- | 20.90 Crore |
| P/E Ratio- | 73.90 |
| P/B Ratio- | 26.91 |
| Face Value- | ₹10.00 |
| Book Value (TTM)- | ₹73.20 |
| EPS (TTM)- | Rs.25.50 |
| Dividend Yield- | 0.50% |
| Beta- | 1.07 |
| Promoter Holding- | 15.00% |
| ROE- | 31.30% |
| ROCE- | 40.20% |
| Debt to Equity- | 0.00% |
CDSL Share Price Targets
As we know that the people are diverting their interest in stock market to get maximum returns through investing in equity, securities, commodities, and other exchanges. All of these can be safe and secure in the depository, that’s why CDSL has maximum market in terms of depository services. That’s the reason, we might have possibilities to see a tremendous potential in the CDSL Stock in the upcoming years.
Also, since the CDSL IPO was listed in the Indian stock market, the company already gave heavily returns to their investor at over 1600% CAGR. The stock price of CDSL has already touching the mark of ₹1899.00.
With this result, we may predict that the CDSL stock price target for the upcoming years till 2040 to analyze the performance of this depositary services company in India.
It may also be noted that the table below displays information of CDSL Share Price Targets of all the particular years are the example targets. All the share price targets in this post are made only for education purpose only.
CDSL Share Price Target 2024
| Year | CDSL Stock Price in 2024 |
| 2024 | ₹900.65 to ₹1990.50. |
CDSL Share Price Target 2025
| Year | CDSL Stock Price in 2025 |
| 2025 | ₹1991.50 to ₹2860.80. |
CDSL Share Price Target 2025– As the people starts gaining financial education which results the increase in the number of demat account and increase in the services of depository in the stock market. With our prediction, the CDSL (I) Stock has chances to lie in the range of Rs.1991.50 to Rs.2860.80 by the end of 2025.
CDSL Share Price Target 2026
| Year | CDSL Stock Price in 2026 |
| 2026 | ₹2861.30 to ₹4135.85. |
CDSL Share Price Target 2027
| Year | CDSL Stock Price in 2027 |
| 2027 | ₹4132.40 to ₹4830.12. |
CDSL Share Price Target 2028
| Year | CDSL Stock Price in 2028 |
| 2028 | ₹4831.90 to ₹5426.65. |
CDSL Share Price Target 2029
| Year | CDSL Stock Price in 2029 |
| 2029 | ₹5427.95 to ₹6021.15. |
CDSL Share Price Target 2030
| Year | CDSL Stock Price in 2030 |
| 2030 | ₹6622.60 to ₹7170.35. |
CDSL Share Price Target 2030– Considering the positive trend of the Nifty 50 and other indexes and future expansions of CDSL firm to enhance the depository services with latest innovative technologies in this sector that makes the stock outperform the other stocks of same sectors in the share market in the coming years. The CDSL has potential to create long-term wealth for the investors through their growth and increase in CMP and their price will lie in the range of Rs.6622.60 to Rs.7170.35 by the end of 2030.
CDSL Share Price Target 2035
| Year | CDSL Stock Price in 2035 |
| 2035 | ₹7171.55 to ₹7583.50. |
CDSL Share Price Target 2035– the CDSL stock price prediction for 2035 will lie between Rs.7171.55 to Rs.7583.50 as the growth of depository increased by the investments in exchanges, securities, and other trades in India. It might also result the CDSL stock price has chances to make new 52-week high this year.
CDSL Share Price Target 2040
| Year | CDSL Stock Price in 2040 |
| 2040 | ₹7584.75 to ₹8095.30. |
CDSL Share Price Target 2040– Considering the increase in the number of exchanges & trades by the investors through demat account that will increase the revenue, OPM, and PAT of the company with strong shareholdings. The CDSL stock price between the price range of Rs.7584.75 to Rs.8095.30 by the end of 2040.
Shareholding Pattern of CDSL Stock
Below is the table that showcase the overall shareholding patterns of the investors in the CDSL Limited till September 2024.
| Total Promotor Holding | 15.00% |
| Mutual Funds | 13.36% |
| Other Domestic Institutions (DII) | 8.21% |
| Foreign Institutions (FII) | 13.77% |
| Retail Investors | 40.57% |
| Other Parties | 9.09% |
Strength and Weakness of CDSL Stock Price
This portion of the article showcase the strength and weakness of Central Depository Services Limited (CDSL) in the depositary services sector so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| Strong fundamentals with zero debt. | Stock is traded in sell zone. |
| Break their 52-week high. | MFs decreased their shareholdings. |
| Book value is improved since last 2 years. | High PE ratio. |
| Stock gave over 20% returns in just 1 month. | |
| Increase in the revenue from the past 4 quarters. |
CDSL Peers & Competitors
Below is the list of companies that shows peer that gives an amazing competition to CDSL Limited in the depository sector.
- BSE.
- KFin Technologies Ltd.
- Indian Energy Exchange Ltd.
- CAMS Limited.
- Bajaj FinServ Limited.
Final Words about CDSL Share Price Target
We hope that this post might help you to gain knowledge about the CDSL share price target and also get an idea about the company’s potential and how they generate revenue. Also, this depository sector is soon going to grow rapidly in the upcoming years because of increase in the investors every year.
As people already knows that CDSL is the only depository company listed in the stock market that deals with trades, securities, and exchanges. In future, we will definitely might see an amazing growth and tough competition in this sector. That’s the reason the CDSL stock is getting bullish which might give some tremendous returns to the investors.
As a Mid cap stock in the depository service sector, the CDSL stock shows a steady growth with strong fundamentals as it is only listed in the national stock exchange in the stock market.
The above prices are just prediction, do your own research properly at your own risk because market ups & downs. Also, the news related to CDSL company, and other scenarios related to this sector could also impact the stock’s performance.
Therefore, these CDSL stock price targets should use as a guideline and not as a financial advice. Always perform your owns research and knowledge before making any investments.
We hope that you all do proper research before picking the CDSL share for investment! Please read the Disclaimer below.
