India's Largest Central Depository to Announce Bonus Issue; Meeting Scheduled for July 2; Stock Gains Over 90 per cent in Just 1 Year!

The company's shares have delivered an impressive return of over 800 per cent to their shareholders.

Central Depository Services Limited is a Market Infrastructure Institution (MII) that is part of the capital market structure, providing services to all market participants: exchanges, clearing corporations, depository participants (DPs), issuers, and investors. It facilitates the holding of securities in dematerialized form and enables securities transactions. Central Depository Services (India) Limited has informed the Exchange about a Board Meeting scheduled for 02-Jul-2024 to consider a bonus issue.

Today shares of Central Depository Services Limited closed the day at Rs 2010 per share on the NSE. The current market capitalization of the company stands at Rs 21,004 crore. Additionally, the stock has delivered a multibagger return of over 810 per cent in the past 5 years.

As per Quarterly Results in Q4 FY24, Central Depository Services Limited reported a quarterly revenue from operation of Rs 241 crore compared to a revenue of Rs 125 crore, representing a growth on a YoY basis. The net profit of the company stood at Rs 129 crore in Q4 FY24 compared to a net profit of Rs 63 crore. Turning attention to the annual performance of the company, it reported a revenue of Rs 812 crore, compared to Rs 555 crore in FY23 representing a gain of 46.33 per cent YoY. Moreover, the company’s net profit stood at Rs 420 crore in FY24 compared to a profit of Rs 276 crore.

Regarding the shareholding pattern of Central Depository Services Limited, the promoters own 15 per cent of the company and the public or retail investors hold 45.51 per cent. FIIs and DIIs own 18.16 per cent & 21.33 per cent respectively.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.