Highlights

The primary focus of the company has remained on maintaining an organic and sustainable growth and providing diversified services. The long-term goal of the company is not only to grow individually, but to also grow collectively as responsible contributors to the growth of nation.

The company added 55 lakh beneficial owner account in the quarter ended June 2022 taking the overall account to 6.85 crore, while raising the market share to 71% from 64% last year.

Value of Securities in Demat Custody increased to Rs 33.84 lakh crore end June 2022.

The company through its subsidiary CVL continued to generate capital market investor records and being the first and largest KYC Registration Agency (KRA) in the country.

The company has approved an additional performance payout to its employees of Rs 10.86 crore in Q1FY2023, which has impacted the bottomline. This performance payout to the employees is on account of strong financial performance of the company for last two years.

The additional expenses incurred by the company on employee expenses were Rs 13.92 crore, depreciation Rs 2.5 crore and technological spends of Rs 3.22 crore in Q1FY2023.

The other income of the company has declined mainly on account of MTM loss on investment book.

The standalone profit of the company is higher at Rs 89 crore, while the consolidated net profit is lower at Rs 58 crore. the company has received dividend of Rs 41 crore from CDSL Ventures, which is included in the standalone results, while its excluded from the consolidated results.

The income from pledge stood at Rs 3.41 crore in the quarter and the June 2022.

Income from unlisted company was Rs 1.47 crore in the quarter in the June 2022.