CDSL Concall was today at 11 am.
Here are highlights of the Conference Call😃
@Atulsingh_asan @Dinesh_Sairam @saketreddy @nakulvibhor @AshVerma111
Here are highlights of the Conference Call😃
@Atulsingh_asan @Dinesh_Sairam @saketreddy @nakulvibhor @AshVerma111
CDSL facilitates holding and transacting in securities in the electronic form & facilitates settlement of trades on stock exchanges.
These securities include equities, debentures, bonds, ETFs, units of mutual funds, units of AIFs, Certificates of deposit, GSecs & TBills.
These securities include equities, debentures, bonds, ETFs, units of mutual funds, units of AIFs, Certificates of deposit, GSecs & TBills.
- Company believes in Self sufficient personal investor
- Increase in Demat account is highest in history
- Focus on making the System robust that anyone can use to on their own.
- Financial numbers continue to grow, focus on providing sustainable, secure and safe platform.
- Increase in Demat account is highest in history
- Focus on making the System robust that anyone can use to on their own.
- Financial numbers continue to grow, focus on providing sustainable, secure and safe platform.
- Added 29 lack Demat accounts in last 3 months, total number of accounts have reached 2.61 crore.
- Company has become the largest depository in terms of D-mate accounts.
- Company has 593 participants across the country.
- Company covers 95% of the pin codes.
- Company has become the largest depository in terms of D-mate accounts.
- Company has 593 participants across the country.
- Company covers 95% of the pin codes.
-Company has created an AGM platform where other companies can be held at video conferencing.
- An e- voting platform has also been created. Company expects this business will continue even after the pandemic as this has created a lot of convenience.
- An e- voting platform has also been created. Company expects this business will continue even after the pandemic as this has created a lot of convenience.
- Company is also providing email service where companies can send emails to their shareholders in safe and secure way.
- Healthy growth in financials, 68% growth in net profit on consolidated basis.
- Healthy growth in financials, 68% growth in net profit on consolidated basis.
- KYC record increased by great margin.
-pledge- the new system of margin pledge in securities market is expected to create a normal routing income for company every month.
-pledge- the new system of margin pledge in securities market is expected to create a normal routing income for company every month.
In increase in debtors provision:
Company had a reasonable level of provision as per the current pandemic situation we are in. But company is hopeful that in later part of quarter people have came back and paid the dues.
Company had a reasonable level of provision as per the current pandemic situation we are in. But company is hopeful that in later part of quarter people have came back and paid the dues.
Total income 101 crore out of that 89cr is operating revenue. Break up of Operating revenue:
Transaction charge 34 cr
Annual issue 24 cr
Online data charges 13 cr
Ipo corporate action 7.8 cr
E voting charges 14.38 cr
Cash statement 1.84 cr
Transaction charge 34 cr
Annual issue 24 cr
Online data charges 13 cr
Ipo corporate action 7.8 cr
E voting charges 14.38 cr
Cash statement 1.84 cr
- Company decided to offer the service of National academic depository as a private service provider. About 10 institutions have shown interest in it.
- Focus is to ensure most sophisticated platform for anybody who wants to use to platform.
- Focus is to ensure most sophisticated platform for anybody who wants to use to platform.
- Focus is not to increase the number of people but on the secure platform
- In terms of issuer fees, sebi would consider if it will increase in this year or later on
- various things are considered to see that company has an inclusive system where value is provided at low cost
- In terms of issuer fees, sebi would consider if it will increase in this year or later on
- various things are considered to see that company has an inclusive system where value is provided at low cost
- Revenue of the pledge , early time to put out those numbers it's just one month now
- Significant number of demat accounts are active demat account.
- transaction charge include margin pledge charges.
- Significant number of demat accounts are active demat account.
- transaction charge include margin pledge charges.
- Cash flow wise no major expenditure.
- Kyc and ekyc are separate business by itself. Both will lead to addition in KRA.
- Is there any cross selling to banks :
It is business opportunity on paper but as per regulations it's a long procedure under registrations with sebi
- Kyc and ekyc are separate business by itself. Both will lead to addition in KRA.
- Is there any cross selling to banks :
It is business opportunity on paper but as per regulations it's a long procedure under registrations with sebi
- Other expenses:
In other expenses, 20% is technology expenses.
Entire operations is based on technology so there is going to be some expenditure on Hardware, software and applications.
- Admin includes sms cost that are required to send as per SEBI regulations.
In other expenses, 20% is technology expenses.
Entire operations is based on technology so there is going to be some expenditure on Hardware, software and applications.
- Admin includes sms cost that are required to send as per SEBI regulations.
- Provision of doubtful debt is 100 percentage up, but expects to be returned
- Company is providing the award handling service as the institutions are holding the award data in physical form. It is providing the back end work where softcopy of data of award will be available
- Company is providing the award handling service as the institutions are holding the award data in physical form. It is providing the back end work where softcopy of data of award will be available
- Infrastructure we are building for tech are owned by CDSL.
-Significant jump on e voting charge.
- Data of Number of pledges is not available but the whole system of margin pledge has brought a lot of transparency.
-Significant jump on e voting charge.
- Data of Number of pledges is not available but the whole system of margin pledge has brought a lot of transparency.
- Delivery based volumes has increased in past one year.
- Employee cost, technology cost and cyber security cost is going to be the key focus. There is also a push from SEBI to focus on this.
- Treasury part of total income is very low.
- Employee cost, technology cost and cyber security cost is going to be the key focus. There is also a push from SEBI to focus on this.
- Treasury part of total income is very low.
- Single account for all the securities is a work in progress.
- E voting charges include the charges for conducting online AGM.
- E voting charges include the charges for conducting online AGM.
Conclusion:
-Company had a good quarter, the number of Demat accounts have increased drastically.
- Company has also started providing the Online AGM and e-voting services that will provide additional income for the company.
-Company had a good quarter, the number of Demat accounts have increased drastically.
- Company has also started providing the Online AGM and e-voting services that will provide additional income for the company.
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