About CDSL Ventures Limited
Data last updated:
CDSL Ventures Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Central Depository Services (India) Limited. It operates in the information services and consultants segment of the travel and hospitality sector. It was incorporated on 25 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2006PLC164885. Its GSTIN is 27AACCC9192Q1ZU (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Sunil Gregory Alvares (Managing Director) and Rakeshkumar Murarilal Kakkar.
Its last annual general meeting (AGM) was held on 27 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹198.17 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹55.37 Cr (net margin 27.9%) and EBITDA of ₹85.75 Cr (EBITDA margin 43.3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 19% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cvl Kra. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹20.95 Cr; the latest was in December 2011. Its 10 peer companies in the Consumer Services industry (Information Services) are compared by revenue, 5 larger and 5 smaller; the largest is Fidelity Information Services India Private Limited with revenue of ₹1,520.7 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cvlindia.com.
- EmailLocked
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- Website
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- Registered AddressA – Wing Marathon Futurex 25th Floor Mafatlal Mills Compound N.M. Joshi Marg Lower P, Arel (E), Mumbai, Maharashtra, India – 400013
- IndustryTravel and Hospitality, Information Services & Consultants
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of CDSL Ventures Limited
The main business activity of CDSL Ventures is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of CDSL Ventures Limited FY 2025 filings available
CDSL Ventures Limited reported revenue of ₹198.17 Cr (down 22% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of CDSL Ventures Limited
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 45% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of CDSL Ventures Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹85.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹55.37 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of CDSL Ventures Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 27.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of CDSL Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of CDSL Ventures Limited
CDSL Ventures Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Information Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fidelity Information Services India Private Limited | ₹1,520.7 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Ideas 1St Information Services Private Limited | ₹345.35 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Mumbai, Maharashtra, India |
| Iqvia Consulting and Information Services India Private Limited | ₹341.54 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Crif High Mark Credit Information Services Private Limited | ₹320.94 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Dun & Bradstreet Information Services India Private Limited | ₹310.93 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Crif Solutions Private Limited | ₹210.43 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| CDSL Ventures Limited this company | ₹198.17 Cr (FY 2026) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| General Security and Information Services India Private Limited | ₹180.52 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| National E- Governance Services Limited | ₹147.33 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Equifax Credit Information Services Private Limited | ₹145.14 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| WNS Information Services (India) Private Limited | ₹101.93 Cr (FY 2021) | •••• | •••• | -3.0% | •••• | Vikroli West, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below CDSL Ventures by revenue in the Consumer Services industry (Information Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of CDSL Ventures Limited
CDSL Ventures Limited is audited by Lodha & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Lodha & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of CDSL Ventures Limited
CDSL Ventures has 6 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Gregory Alvares | Managing Director | 01 Nov 2020 | 5 Years 11 Months | Current |
| Rakeshkumar Murarilal Kakkar | Director | 26 Apr 2019 | 7 Years 5 Months | Current |
| Bandu Baburao Meshram | Director | 02 Jul 2024 | 2 Years 3 Months | Current |
| Ramabhadran Srinivasan Thirumalai | Director | 26 Aug 2022 | 4 Years 1 Months | Current |
| Swaroopkumar Jagadishbhai Gothi | Director | 25 Feb 2025 | 1 Years 7 Months | Current |
| Nilesh Damji Lodaya | Director | 21 Feb 2025 | 1 Years 7 Months | Current |
Ownership and Shareholding of CDSL Ventures Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of CDSL Ventures Limited
CDSL Ventures Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of CDSL Ventures Limited
CDSL Ventures Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹20.95 Cr; the latest was in December 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2011 | Funding round | ₹20 Cr | Investors: Central Depository Services (India) Limited |
| Dec 2006 | Funding round | ₹95 Lakh | Investors: Central Depository Services (India) Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with CDSL Ventures Limited
CDSL Ventures operates one associated brand: CVL KRA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Depository services and KRA operations are conducted by CDSL Ventures Limited in India. | cvlkra.com |
Employees and EPFO Compliance at CDSL Ventures Limited
CDSL Ventures Limited has a workforce of 57 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to CDSL Ventures Limited
Recent Activity on CDSL Ventures Limited
CDSL Ventures Limited has 32 board changes on record since 2007: 6 appointments and 26 cessations. The latest: Nilesh Damji Lodaya ceased to be Additional Director on 26 Jun 2025.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for CDSL Ventures Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by CDSL Ventures Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of CDSL Ventures Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of CDSL Ventures Limited
CDSL Ventures has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC9192Q1ZU | Maharashtra | Active | 01 Jul 2017 |
| 36AACCC9192Q1ZV | Telangana | Active | 08 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of CDSL Ventures Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about CDSL Ventures Limited
CDSL Ventures is an active public limited company based in Mumbai, Maharashtra, India. The company works in information services and consultants, within the travel and hospitality industry. It was incorporated on 25 September 2006 (20+ years old) and is registered under CIN U93090MH2006PLC164885.
CDSL Ventures reported revenue of ₹198.17 Cr for FY 2026 (down 22% YoY).
CDSL Ventures has 6 current directors:
- Sunil Gregory Alvares - Managing Director
- Rakeshkumar Murarilal Kakkar - Director
- Bandu Baburao Meshram - Director
- Ramabhadran Srinivasan Thirumalai - Director
- Swaroopkumar Jagadishbhai Gothi - Director
- Nilesh Damji Lodaya - Director
CDSL Ventures reported a net profit of ₹55.37 Cr (net margin 27.9%) and EBITDA of ₹85.75 Cr (EBITDA margin 43.3%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of CDSL Ventures is 20% over three years and 19% over five years. In the latest year (FY 2026) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of CDSL Ventures is 27AACCC9192Q1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AACCC9192Q1ZV (Telangana).
The CIN (Corporate Identification Number) of CDSL Ventures is U93090MH2006PLC164885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CDSL Ventures was incorporated on 25 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
CDSL Ventures has 2 deals on record (2 funding rounds), with disclosed funding of ₹20.95 Cr; the latest was in December 2011.
The peers of CDSL Ventures by revenue are Fidelity Information Services India Private Limited, Ideas 1St Information Services Private Limited, Iqvia Consulting and Information Services India Private Limited, Crif High Mark Credit Information Services Private Limited, Dun & Bradstreet Information Services India Private Limited and 5 more, all in the Consumer Services industry (Information Services).
Nilesh Damji Lodaya ceased to be Additional Director on 26 Jun 2025. Swaroopkumar Jagadishbhai Gothi ceased to be Additional Director on 26 Jun 2025. Swaroopkumar Jagadishbhai Gothi was appointed as Director on 25 Feb 2025. CDSL Ventures has 32 board changes on record in total.