Central Depository Services (india) Limited · NSE:CDSL
Central Depository Services (india) — Investor Presentation (May 2020)
43 slides from Central Depository Services (india)'s investor presentation, May 20, 2020
Slide 1: Regulation 30 disclosure cover letter to NSE
Central Depository Services (India) Limited CDSL/CS/ANP/2020/81 20.05.2020 The Manager, Listing Compliance Department, National Stock Exchange of India Ltd, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Sub: Investor Presentation for the FY ended 31.03.2020 Re: Disclosure unde
Slide 2: Investor Presentation May 2020
Investor Presentation May 2020
Slide 3: Table of Contents
Table of Contents 1 Our Company 2 Our Business 3 Our Technology 4 Our Financials 2
Slide 4: Key Financial Highlights
Key Financial Highlights Standalone financial statements Consolidated financial statements FY19 v/s FY20 FY19 v/s FY20 211.39 284.25 188.47 245.45 168.15 225.06 152.34 196.25 84.38 77.32 114.83 106.72 Total Income Operating Income PAT Total Income Operating Income PAT 12MFY19 12MFY20 12MFY19 12MFY20
Slide 5: Our Company
4 Our Company
Slide 6: Our Values
Our Values Corporate Committed Governance Dependable Teams Convenience Secure 5
Slide 7: Evolution of the Capital Markets in India
Evolution of the Capital Markets in India 2017 CDSL floated CCRL for issuance of warehouse 1996 2001 - 2003 receipts in electronic form SEBI notified Depositories T+5 rolling cycle from July (eNWR) and Participants Regulations 2001 and T+3 in April (DP Regulations) 2002 and further to T+2 in 1992
Slide 8: Milestones
Milestones Launch of “eASI” & “eASIEST” Became the First Listed depository in Asia Pacific Region 1999 2012 2020 2002- 2017 2004 Commencement of Business Mr. U. K. Sinha, SEBI Chairman launched CDSL Inauguration of the first Ventures KRA, India’s first and largest KYC and only depository (a Registra
Slide 9: About CDSL
About CDSL As a securities depository, CDSL facilitates holding of securities in electronic form and enable securities transactions (including off-market transfer and pledge) to be processed by book entry Initially promoted by the BSE which subsequently divested a part of its stake to leading Indian
Slide 10: Our USP
9 First listed depository in Asia – Pacific Region Our First depository to open branch in IFSC, GIFT City USP KRA Commodity Repository Ease of doing Business
Slide 11: Investor Accounts
Investor Accounts Growth of 1 Crore Investor accounts 211.82 in 5 years 185.00 170.00 174.00 Fastest 5 million accounts 145.66 148.00 137.08 126.88 130.57 148.00 120.48 195.70 115.44 105.85 123.00 93.72 96.85 75.60 79.03 96.10 100.08 63.00 79.17 83.27 87.77 52.03 74.79 65.86 37.48 37.18 37.95 55.27
Slide 12: Depository Participants (DP)
Depository Participants (DP) March 2020 599 April -2010 June 2003 501 201 Mar-1999 6 11 As on March 31, 2020
Slide 13: DP Service Center
DP Service Center 20352 10600 15 1997 2012 2020 12 As on March 31, 2020
Slide 14: Our Shareholders
Our Shareholders SHAREHOLDING PATTERN Top 5 shareholders % FPI Mutual Funds BSE Limited 20.00% 2% 13% HDFC Bank Ltd. 7.18% Promoter 20% Standard Chartered Bank 7.18% Banks / FII / Canara Bank 5.58% AIFs 27% Life Insurance Corporation Of 4.15% India Others 38% Shareholders % Institutions 64% Retail 3
Slide 15: Our esteemed Board
Our esteemed Board Shri B. V. Smt. Preeti Saran, Prof (Dr.) Bimal. N. Shri Siddhartha Pradhan, Shri Umesh Chaubal, Public Interest Patel, Public Interest Public Interest Director Bellur, Public Chairman Director Director Interest Director Former Vice-Chairman, Former Deputy Secretary (retired), Dire
Slide 16: Our experienced Management
Our experienced Management Nehal Vora Managing Director & Chief Executive Officer Shri Amit Mahajan Shri Ramkumar K Shri Sunil Alvares Smt. Nayana Ovalekar Shri Girish Amesara Chief Technology Executive Vice Executive Vice Executive Vice President - Chief Financial Officer Chief Operating Officer Of
Slide 17: Our Subsidiaries
Our Subsidiaries Started with Mutual Fund industry CDSL Ventures Limited First and the largest KYC Registration Agency (KRA) in the country Largest KRA with 2.16 crore KYCs in CVL as on 31/03/20 CVL commenced RTA Operations in November 2018 CVL has processed 24 lakh CKYC records across 82 intermedia
Slide 18: What's New!
More than 2.10 Crore Demat accounts SEBI permits CDSL undertake e-KYC Aadhaar Authentication service of UIDAI What’s New! Won the Internet Data Center (“IDC”) Insights Award BFSI Gamechanger Award – 2019 for Exemplary leadership innovation 17
Slide 19: Business activities
Business activities Creating databases Acting as a platform for Communication We undertake the transactions We electronically electronic safekeeping of We provide the IT communicate key information of ownership infrastructure for information to of a variety of securities. processing transactions sha
Slide 20: Role of CDSL
Role of CDSL Transparency Provides E-voting Dematerialisati Analysis of transparency in Eliminates influence on Elimination of Analysis of multiple Data the governance and maintains physical shares demat accounts, IPO system confidentiality Analysis Reg-Tech Surveillance Information System based Mon
Slide 21: Our Business
20 Our Business
Slide 22: What we create
What we create Depository Services e-Insurance Account CAS insurance policies in Consolidated Account electronic form Statement e-voting NAD Cast vote online National Academic on Company Depository resolutions GSP e-Notices GSP Suvidha E-mail communication to provider shareholders E-KYC Electronic N
Slide 23: Overview of securities trade and settlement process
Overview of securities trade and settlement process DP of Seller transfers the BO’s securities from BO account to Clearing 01 Member (CM) Pool account (transit account for transfer of securities) of Seller’s CM 02 Pay in of securities: Movement of securities from CM Pool account of Seller’s CM to th
Slide 24: Overview of depository services
Overview of depository services 01 Depository services to BOs are extended through DPs who act as CDSL’s agents 0 2 Investor or BO who opens a demat account with a DP can utilize CDSL’s depository services. Accordingly, a DP is a “Point of Service” 0 for the investor 3 0 DPs can also set up branches
Slide 25: Value Added Services
Value Added Services eASIE eASI SMART e-Mail ST Anytime/Anywhere Permits Clearing Members and SMART (SMS E-mail alerts for access to the demat BOs to submit off-market, on- Alerts Related to transactions account market, inter-depository and Transactions) is early pay-in debit instructions CD
Slide 26: Business made easi (Digitization)
Business made easi (Digitization) Focus on unlocking the business potential with new revenue streams C-KYC CVL has processed 01 CVL provides intermediaries with a facility to enable them 24 lakh CKYC become C-KYC compliant records across 82 intermediaries since E-Sign February 2017 In Principle appr
Slide 27: Strengths
Strengths India’s leading securities depository with the 1 Highest number of BO accounts – 2.18 Crores* Largest network of DPs – 595* Tech-savvy & Tech-sophisticated Geographic Footprint 2 Relationship across 94% pincodes across India Consistent growth in revenue @ CAGR @ 12% across the past 1
Slide 28: CDSL Statistics
CDSL Statistics Investor accounts* Number of securities (in crores) (in crores) 45,581 2.12 1.74 36,203 1.48 28,392 1.23 25,523 22,755 1.08 2015-16 2016-17 2017-18 2018-19 2019-20 2015-16 2016-17 2017-18 2018-19 2019-20 27 *active accounts
Slide 29: CDSL Statistics
CDSL Statistics Demat Custody (in crores) 1,983,981 1,944,172 1,773,585 1,671,972 2011 Unlisted Companies 1,326,797 Admitted in FY 2019-20 599 DPs offering DP services from over 19,000 locations across the country 2015-16 2016-17 2017-18 2018-19 2019-20 28 *active accounts
Slide 30: E-Voting
E-Voting E-VOTING NO. OF COMPANIES 5635 5446 5042 4659 4222 3544 276 10 20 154 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 29 All data as on the closing of that financial year
Slide 31: Statistics
Statistics Securities Admitted Physical & email e-CAS (in crores) 15.21 23880 25479 17.52 10.82 14018 12049 8207 8532 6.33 6.02 0.96 Equity Shares Debt Other Instruments Securities FY2019 FY2020 2015 2016 2017 2018 2019 2020 30
Slide 32: Business & Operations growth translating into our Financial Statements
Business & Operations growth translating into our Financial Statements 31
Slide 33: Our Technology
32 Our Technology
Slide 34: CDSL Technology
CDSL Technology Information Systems Security 01 Policy CDSL has documented Information Systems Overview Systems Security policy and regularly reviews and updates the same to counter new threats and vulnerabilities. Clearing Exchang Corporatio NSDL es CDSL has separately documented ns Cyber Securit
Slide 35: Our Financials
34 Our Financials
Slide 36: Financial Table - Standalone
Financial Table Standalone financial Statements PARTICULARS Variance Variance (all amounts in ₹ Lakh) FY18-19 FY19-20 % Revenue From Operations 15,234 16,815 1,581 10% Other Income 3,613 4,324 711 20% Total Income 18,847 21,139 2,292 12% Total Expenses 7,881 11,422* 3,541 45% Profit before tax 10,96
Slide 37: Financial Table - Consolidated
Financial Table Consolidated financial Statements PARTICULARS Variance Variance (all amounts in ₹ Lakh) FY18-19 FY19-20 % Revenue From Operations 19,625 22,506 2,881 15% Other Income 4,919 5,919 1,000 20% Total Income 24,544 28,425 3,881 16% Total Expenses 9,724 14,780* 5,056 52% Profit before tax 1
Slide 38: Financial Summary
Financial Summary Standalone financial Consolidated financial statements statements Income and Expenses Income and Expenses 28425 21139 24545 17888 18847 22835 15741 18828 17753 13407 12472 13062 10119 10409 10166 8956 FY2017 FY2018 FY2019 FY2020 FY2017 FY2018 FY2019 FY2020 Total Income Expenses Tot
Slide 39: Income Breakup
Income Breakup Standalone financial Consolidated financial statements statements 21% CAGR : 12% 5919 20% 4324 20% 19% 17% 4919 16% 3613 3799 2805 23% 22% 3619 4132 79% 80% 22506 84% 81% 83% 80% 16815 19625 15083 15234 19036 77% 78% 12122 14696 FY2017 FY2018 FY2019 FY2020 FY2017 FY2018 FY2019 FY2020
Slide 40: Revenue from Operations
Revenue from Operations Standalone financial Consolidated financial statements statements 1320 4134 1198 1164 1698 2401 3129 1004 903 3688 1188 3221 3356 986 7749 2160 5562 6717 2061 5562 7749 5171 6717 2949 5171 2257 1988 2949 2257 1652 1988 1652 4404 3928 4291 4404 3125 3928 4291 3126 FY2017 FY201
Slide 41: Total Expenses
Total Expenses Standalone financial Consolidated financial statements statements 1,915 1,860 4,730 - 3,998 2670 2,983 3,419 3,034 2263 2,487 4,146 2,854 3515 3,354 4,330 4,472 2748 3,368 6,962 4,695 3840 3827 4,072 4,808 5,313 4,192 FY2017 FY2018 FY2019 FY2020 FY2017 FY2018 FY2019 FY2020 Normal Oper
Slide 42: Universal Challenges: COVID 19
Universal Challenges : COVID 19 The novel pandemic COVID-19 is having a deep impact on the Indian economy Almost 72% of the respondents to the 'FICCI-Dhruva survey' have reported that covid-19 is having a 'high to very high' level of impact on their business Industries like Real-estate, aviation, to
Slide 43: Thank You
Thank You 42
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