C D S L (CDSL)

FairStock Score: 41/100 — MIXED

Score breakdown: P/E: 0/3 · ROCE: 2/2 · Growth: 1/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett-Graham investor, I ask: is this a wonderful business at a fair price? CDSL's numbers show a high-quality financial intermediary. It earns ROCE of 41.96% and ROE of 23.91%, carries Debt/Equity of 0.00, and generates ₹245 Cr free cash flow. Its Piotroski F-Score of 8/9 and Altman Z-Score of 9.57 suggest a fortress balance sheet. The latest quarter had Sales of ₹304 Cr and Net Profit of ₹133 Cr, implying healthy profitability. The 5-year revenue CAGR of 36.90% is impressive. But the current picture is slowing: Sales Growth is 4.53% and Profit Growth is -4.97%. At ₹1344.40, Market Cap is ₹28,098 Cr, P/E 59.51 and P/B 14.34. Graham Number is only ₹207.82, leaving Margin of Safety of -512.16%; DCF Intrinsic Value is ₹129.12. In Graham's terms, the margin of safety is absent. EV/EBITDA 14.84 is not as extreme, but the asset-light, debt-free model still trades far above Graham's intrinsic estimate. FairStock Score 41/100 says mixed. Dividend Yield 0.94% and Promoter Holding 15.00% are not major supports. I love the moat-like economics hinted by high ROCE and zero debt, but I cannot pay any price. The business quality is strong; the valuation is the problem. I would wait for either price to fall toward intrinsic value or growth to reaccelerate, and I would monitor quarterly Sales and Net Profit, ROE/ROCE, FCF, and valuation multiples.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer