CDSL vs HDBFS: Stock Comparison

Central Depository Services (India) Limited vs HDB Financial Services Limited

Live data: 15 July 2026, 4:08 PM IST • Source: NSE and company filings

HDB Financial Services Limited is the larger company by market capitalisation. Central Depository Services (India) Limited shows a higher ROE, a higher dividend yield and a higher ROCE, while HDB Financial Services Limited shows a lower P/E and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Side-by-side comparison of Central Depository Services (India) Limited and HDB Financial Services Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, CDSL is more favourable on 5 of 12 scored metrics and HDBFS on 7These counts are context-free and are not an overall rating.

Key Differences

Market Cap
HDBFS is the larger company
₹62,706 Cr vs ₹30,096 Cr
P/E Ratio
HDBFS has a lower P/E
24.31x vs 65.31x
P/B Ratio
HDBFS has a lower P/B
2.99x vs 15.2x
EPS
HDBFS has higher earnings per share
₹30.89 vs ₹22.35
Dividend Yield
CDSL has a higher dividend yield
0.97% vs 0.54%
Revenue Growth (TTM YoY)
HDBFS has faster revenue growth
18.4% vs 5.5%
EPS Growth (TTM YoY)
HDBFS has faster EPS growth
35.7% vs -19.9%
Qtr Sales Growth
CDSL has stronger quarterly sales growth
17.1% vs 16.3%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricCDSLHDBFS
SectorFinancial ServicesFinancial Services
IndustryDepositories Clearing Houses and Other IntermediariesNon Banking Financial Company (NBFC)

Price

MetricCDSLHDBFS
Live Price₹1,440.1₹751.7
Day Change0.81%1.05%
Volume16.46 L4.07 L
52-Week High₹1,753.9₹847.5
52-Week Low₹1,116.3₹555.3
Distance from 52W High-17.89%-11.3%

Valuation

MetricCDSLHDBFS
Market Cap₹30,096 Cr₹62,706 Cr
P/E Ratio65.31x24.31x
P/B Ratio15.2x2.99x
EPS₹22.35₹30.89
Book Value₹93.77₹248.87
Dividend Yield0.97%0.54%

Growth

MetricCDSLHDBFS
Revenue Growth (TTM YoY)5.5%18.4%
EPS Growth (TTM YoY)-19.9%35.7%
Qtr Sales Growth17.1%16.3%
Qtr Profit Growth-20%-19.1%

Profitability & Leverage

Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.
MetricCDSLHDBFS
ROE24.5%14.7%
ROCE32%9.79%
Net Margin39.62%28.92%
Operating Margin50.8%58.6%
Debt to Equity0x0.06x

Shareholding

As of Mar 2026 • change vs previous quarter
MetricCDSLHDBFS
Promoter Holding15%74.12% 0.03 pp
FII Holding11.36% 1.04 pp3.01% 0.31 pp
DII Holding14.42% 0.7 pp12.28% 0.87 pp
Public Holding59.22% 1.73 pp10.35% 0.55 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Central Depository Services (India) Limited and HDB Financial Services Limited.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.