CDSL vs HDBFS: Stock Comparison

CENTRAL DEPO SER (I) vs HDB FINANCIAL SERVICES LUpdated 2 Sept 26, 4:08 PM ISTNSE & company filings

HDB FINANCIAL SERVICES L is the larger company by market capitalisation. CENTRAL DEPO SER (I) shows a higher ROE, a higher dividend yield and a higher ROCE, while HDB FINANCIAL SERVICES L 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.

Metric snapshot

CDSL leads 7; HDBFS leads 5 of 12

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

CDSLHDBFS

Valuation lens

What price are you paying?

Market CapContext only
₹28,579 Cr
₹56,050 Cr
P/E RatioHDBFS has the lower reading
61.69x
20.33x
P/B RatioHDBFS has the lower reading
14.83x
2.72x
EPSCDSL has the higher reading
₹22.58
₹9.46
Book ValueContext only
₹93.77
₹248.85
Dividend YieldCDSL has the higher reading
0.91%
0.59%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
HDBFS is the larger company
₹56,050 Cr vs ₹28,579 Cr
P/E Ratio
HDBFS has a lower P/E
20.33x vs 61.69x
P/B Ratio
HDBFS has a lower P/B
2.72x vs 14.83x
EPS
CDSL has higher earnings per share
₹22.58 vs ₹9.46
Dividend Yield
CDSL has a higher dividend yield
0.91% vs 0.59%
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
HDBFS has stronger quarterly sales growth
4.06% vs -15.73%

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₹1,365.2₹675.2
Day Change-1.85%-0.01%
Volume8.58 L2.03 L
52-Week High₹1,673.7₹801.1
52-Week Low₹1,116.3₹555.3
Distance from 52W High-18.43%-15.72%

Valuation

MetricCDSLHDBFS
Market Cap₹28,579 Cr₹56,050 Cr
P/E Ratio61.69x20.33x
P/B Ratio14.83x2.72x
EPS₹22.58₹9.46
Book Value₹93.77₹248.85
Dividend Yield0.91%0.59%

Growth

MetricCDSLHDBFS
Revenue Growth (TTM YoY)5.5%18.4%
EPS Growth (TTM YoY)-19.9%35.7%
Qtr Sales Growth-15.73%4.06%
Qtr Profit Growth22.76%4.6%

Profitability & Leverage

Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.
MetricCDSLHDBFS
ROE29.3%12.31%
ROCE30.4%9.55%
Net Margin39.62%28.92%
Operating Margin62.86%55.38%
Debt to Equity0x2.9x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricCDSLHDBFS
Promoter Holding15%74.12%
FII Holding8.24% 3.12 pp3.55% 0.54 pp
DII Holding15.19% 0.77 pp12.1% 0.18 pp
Public Holding61.57% 2.35 pp10.01% 0.34 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 DEPO SER (I) and HDB FINANCIAL SERVICES L.

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.