Central Depository Services (India) (NSE:CDSL) Debt-to-Equity: N/A (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:CDSL Central Depository Services (India) Ltd NSE:CDSL
99 GF Score
Price ₹1,368.60
GF Value ₹1,659.87
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Central Depository Services (India) Debt-to-Equity?

Central Depository Services (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Central Depository Services (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Central Depository Services (India)'s Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Central Depository Services (India)'s Debt-to-Equity or its related term are showing as below:

NSE:CDSL's Debt-to-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 0.32
* Ranked among companies with meaningful Debt-to-Equity only.

Central Depository Services (India)  (NSE:CDSL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Central Depository Services (India) Debt-to-Equity Related Terms


Central Depository Services (India) Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Central Depository Services (India)'s Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Central Depository Services (India) Debt-to-Equity Chart

Central Depository Services (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Central Depository Services (India) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.00 N/A 0.00 N/A

NSE:CDSL vs MS, GS, SCHW: Debt-to-Equity Comparison

For the Capital Markets subindustry, Central Depository Services (India)'s Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Central Depository Services (India) Debt-to-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Central Depository Services (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Central Depository Services (India)'s Debt-to-Equity falls into.


NSE:CDSL
99GF Score
Central Depository Services (India) Ltd NSE:CDSL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Depository Services (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Central Depository Services (India)'s Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Central Depository Services (India)'s Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Central Depository Services (India) (NSE:CDSL) Overvalued in 2026?

Based on GuruFocus' analysis, Central Depository Services (India) stock appears to be undervalued. The current stock price of ₹1,368.60 is trading 17.5% below its estimated GF Value™ of ₹1,659.87. GuruFocus considers Central Depository Services (India) to be Modestly Undervalued.

Key valuation signals for NSE:CDSL:

  • Debt-to-Equity: N/A
  • GF Value™: ₹1,659.87 vs. price of ₹1,368.60 (17.5% below fair value)
  • GF Score™: 99/100 with 3 warning signs

No single metric tells the full story. See the NSE:CDSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Depository Services (India) Business Description

Address N.M Joshi Marg, Unit No. A-2501, A Wing, Marathon Futurex, Mafatlal Mills Compound, Lower Parel East, Mumbai, MH, IND, 400013
Central Depository Services (India) Ltd is a securities depository in India. It offers dematerialization for a wide range of securities, including equity shares, preference shares, mutual fund units, debt instruments, and government securities. In addition, it is involved in centralized record keeping of KYC documents of investors, and providing repository services to policyholders to store their receipts and policies in electronic form. The group operates in three segments: Depository, Data Entry, and Storage and Repository. A majority of its revenue is generated from the Depository segment, which provides various services to investors, including dematerialization, rematerialization, holding, transfer, and pledge of securities in electronic form, as well as e-voting services to companies.
99GF Score

Get the complete analysis for NSE:CDSL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,368.60
Price
₹1,659.87
GF Value