NSDL VS CDSL: WHICH IS A BETTER BUY ?

India’s depository services space has turned into battleground for the best return stocks. With NSDL finally making its debut in the market, all eyes are now on how the country’s two major depositories – NSDL and

are stacking up against each other. From company performance to financials and market position, here’s a quick look at how the face-off is playing out. NSDL - this is India’s oldest and largest depository recently listed on the exchange, it saw a surge of 50% from it's listing price in just 3 trading sessions. The company has seen 12% sales growth and 25% profit growth in FY25. With a market cap of Rs 26,000 crore, it's is trading with a high P/E of 79.3. The ROCE and ROE is 23.6% and 17.8% respectively. - launched in 1999, the company has already carved out a strong position among retail investors and dominates in terms of new demat account additions. It's stock price has had a stable run since listing. The company has seen 33% sales growth and 25% profit growth in FY25. With a higher market cap of Rs 32,750 crore, it's is trading with a comparitively lower P/E of 66.2. It has a higher ROCE and ROE of 42.0% and 32.7% respectively. While NSDL remains strong on the technical chart patterns, remains strong on the fundamental side. It would be worth to see how both the depository participants battle it out for the best returns.