Central Depository Services (india) Limited · NSE:CDSL
Central Depository Services (india) — Q3 FY2019-20 Earnings Presentation
31 slides from Central Depository Services (india)'s earnings presentation, Jan 29, 2020
Slide 1: Investor Presentation for the Quarter ended December 31, 2019 (cover letter)
@ Central Depository Services (India) Limited CDSL/CS/ANP/2020/32 January 29, 2020 EMPOWERING INVESTORS ASEBI Initiative The Manager, Listing Compliance Department, National Stock Exchange of India Ltd, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400051 Sub: Investor Presentation f
Slide 2: Investor Presentation FY 19-20 Q3
CDSL Investor Presentation FY 19-20 | Q3
Slide 3: Table of Contents
> CDSL Table of Contents Our Company Our Business Our Technology Our Framework Our Financials
Slide 4: Our Company
Our Company About CDSL
Slide 5: Evolution of the Capital Markets in India
Evolution of the Capital Markets in India > CDSL CDSL floated CCRL for issuance of warehouse receipts in electronic 1996 2001 - 2003 form (eNWR) = SEBI notified Depositories and T+5 rolling cycle from July 2001 Participants Regulations (DP and T+3 in April 2002 and further Regulations) to T+2 in Apr
Slide 6: Commencement of Business and milestones
▪ CDSL inaugurates its IFSC Listed on the National Stock branch at GIFT City Our Company launched its Our Company was awarded Exchange (NSE) after Commencement receiving an overwhelming ▪ The number of active internet facility the ISO 27001 from Det of Business “easiest ”* Norske Veritas (Rotterdam)
Slide 7: About CDSL
About CDSL Pe RFF & 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
Slide 8: Our Shareholders
@ Our Shareholders Corporates / Top 5 share! Others Financial 32% ro a Institutions BSE Limited 20.00% 31% HDEC Bank Ltd. 7.18% Standard Chartered Bank 7.18% Canara Bank 5.72% Life Insurance Corporation Of India 4.15% Mutual Funds / Alternate Investment Funds Shareholders 12% YS) a Institutions 68%
Slide 9: Our esteemed Board
> CDSL Our esteemed Board 2 & BD & Shri B. V. Chaubal, Smt. Preeti Saran, Public Dr. Bimal. N. Patel, Public Shri Siddhartha Pradhan, Public Shri Umesh Bellur, Chairman Interest Director Interest Director Interest Director Public Interest Director Former Deputy Secretary (retired), Director-General,
Slide 10: Management team
Nehal Vora Managing Director & Chief Executive Officer Shri Girish Amesara Shri Amit Mahajan Shri Ramkumar K Shri Sunil Alvares Smt. Nayana Ovalekar Chief Financial Chief Technology Executive Vice Executive Vice Executive Vice President - Officer Officer President President Chief Operating Officer S
Slide 11: Our Subsidiaries
Our Subsidiaries Started with Mutual Fund industry CDSL Ventures Limited First and the largest KYC Registration Agency (KRA) in the country Over 20.8 million KYCs registered through over 1000 intermediaries CVL commenced RTA Operations in November 2018 378 companies on boarded with electronic connec
Slide 12: What's New!
& CDSL Inaugurated the first depository branch in IFSC, GIFT City More than 2 Crore Demat accounts Won the Internet Data Center (“IDC”) Insights Award BFSI Gamechanger Award - 2019 for Exemplary leadership innovation
Slide 13: Our Business
Our Business
Slide 14: Business activities
Business activities eB = @ Creating databases Acting as a platform for Communication We undertake the electronic transactions We electronically communicate safekeeping of information of We provide the IT infrastructure key information to shareholders ownership of a variety of for processing transact
Slide 15: Role of CDSL
Role of CDSL: Providing tools to Independent Directors Transparency Provides E-voting Dematerialisation Analysis of Data transparency in the Eliminates influence and Elimination of Analysis of multiple demat governance system maintains confidentiality physical shares accounts, IPO Analysis @ Reg-Tec
Slide 16: What we create
<> CDSL What we create Depository Services e-Insurance Account = CAS insurance policies in electronic form Consolidated Account Statement NAD \ e-voting National Academic @ @ Cast vote online on Depository [ ( I Company resolutions GSP e@ J e-Notices GSP Suvidha provider @ @ E-mail communication to
Slide 17: Overview of securities trade and settlement process
& CDSL Overview of securities trade and settlement process DP of Seller transfers the BO’s securities from BO account to Clearing Member (CM) Pool o1 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 C
Slide 18: Overview of depository services
& CDSL Overview of depository services Key revenue items Key drivers Depository Services to BOs are extended through DPs > Transaction charges > Number of retail investors trading on exchanges =m whoact as CDSL’s agents , . : > Charged on per transaction basis to the DP > Cash segment delivery volum
Slide 19: Value Added Services
Value Added Services (nl (A) al f Uv I eASIEST e-Mail VY Anytime/Anywhere access to Y Permits Clearing Members and BOs to v¥ SMART (SMS Alerts v E-mail alerts for the demat account submit off-market, on-market, inter- Related to transactions depository and early pay-in debit Transactions) is Y Trans
Slide 20: Business made easi (Digitization)
& CDSL Business made easi (Digitization) National Academic Depository 25.80 million academic 01 A Repository for holding Academic Awards issued by Academic Institutions in awards lodged and 578 Electronic Form Academic Institutions have registered with the depository * Commodity Repository 02 CDSL h
Slide 21: Key business metrics as on Dec-19
600 597 1.97 594 1.74 1.48 588 1.08 1.23 581 2015-16 2016-17 2017-18 2018-19 As on Dec-19 2015-16 2016-17 2017-18 2018-19 As on Dec-19 43,721 21,57,528 19,83,981 19,44,172 36,203 17,73,585 28,392 13,26,797 22,755 25,523 2015-16 2016-17 2017-18 2018-19 As on Dec-19 2015-16 2016-17 2017-18 2018-19 As
Slide 22: Our Technology
Our Technology
Slide 23: CDSL Technology
CDSL Technology P C D S L i Information Systems Security Policy YCDSL has documented Information Systems Security policy and regularly reviews and updates the same to counter new threats and vulnerabilities. Clearing Corporations [& ” YCDSL has separately documented Cyber Security \ 7 wea < and Cybe
Slide 24: Our Framework
Our Framework
Slide 25: Legal Framework
> CDSL . Legal Framework Supreme Court
Slide 26: Regulatory Framework
Regulatory Framework ES Depositories Act sida Ubi sc” Participant to belong to specific category like: Securities and Exchange Board of India (Depositories Public Financial Institution and Participants) Regulations Custodian Stock Broker SEBI (Listing Obligations and Disclosure Requirements) Registr
Slide 27: Our Financials
Our Financials
Slide 28: Consolidated and Standalone financials
Consolidated Standalone 211.27 156.59 176.76 137.48 165.17 122.88 145.31 114.45 112.32 109.32 85.14 77.45 80.64 78.58 59.95 56.35 Total Income Operating Income EBITDA PAT Total Income Operating Income EBITDA PAT 9M19 9M20 9M19 9M20 Particulars Dec-18 9M Dec 19 9M Particulars Dec-18 9M Dec 19 9M Earn
Slide 29: Consolidated variance analysis 9M
Particulars Dec-18 9M Dec 19 9M Variance over PY Variance over PY (%) Total Income 176.76 211.27 34.52 20% Total Expenses & Other Items 96.12 132.69 36.58 38% Net Profit 80.64 78.58 -2.06 -3% Dec'18 9M Operating Investment Other Employee Tech Admin & Debtor Service Tax Dec'19 9M Reg. Cost Tax Net Pr
Slide 30: Standalone variance analysis 9M
Particulars Dec-18 9M Dec 19 9M Variance over PY Variance over PY (%) Total Income 137.48 156.59 19.11 14% Total Expenses & Other Items 77.53 100.24 22.71 29% Net Profit 59.95 56.35 -3.59 -6% Dec'19 Dec'18 9M Operating Investment Other Employee Tech. Admin & Regulatory Debtor Service Tax Tax 9M Net
Slide 31: Thank you
Thank you 30
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