Despite CDSL's Q4 EBITDA growth falling short of expectations, registering a 6% Year-on-Year increase, Jefferies maintains its Hold rating. The compression of margins by 445 basis points to 44.4% is a concern, as the high valuation (approximately 40 times FY27E) restricts potential upside for investors.

CDSL reported a 20% drop in Q4 profit compared to last year, with earnings standing at Rs 80.2 crore. Despite a 17.1% revenue growth, the EBITDA margin slipped significantly to 44.4%, down from 48.7%.

CDSL's Board has decided to distribute a final dividend of INR 12.75 per share for the fiscal year 2026, signifying a positive end to their financial year.

CDSL reports a decline in quarterly net profit to INR 802 million compared to the previous year, while revenue has seen a significant increase of 17%, reaching INR 2.63 billion.

CDSL's Q4 net profit decreased by 20% year-on-year, landing at ₹80 crore, but total income saw a rise to ₹268 crore compared to the previous year.

CDSL has released its Q4 results, highlighting significant financial figures. Stay tuned for more updates on their performance.