First KYC registration agency registered with SEBI Enjoys Market share of 60% Revenue from the online data storage segment stood at Rs 368mn-(16.4% of overall revenue) Revenue from CVL has witnessed a robust 24.4% CAGR over FY16-20 CVL received the approval to go live from the competent authority as a local Authentication User Agency (AUA)/e-KYC User Agency (KUA) with UIDAI. This facilitates intermediaries to offer seamless online account opening using online Aadhaar based eKYC and eSign. Largest pool of 21.6mn KRAs and 2.4mn C-KYC as of FY20 (growing at 10.9% CAGR) CVL is planning to launch an On-Line Account Opening (OLAO) software that is expected to offer seamless online account opening using online Aadhaar based eKYC and eSign and intermediaries. (Source: Ajit Surya on Twitter @ajitsuryak)
CDSL very strong Fundamentally and extremely bullish! ROCE 19.6 %; ROE 15.2 %; OPM 65% CDSL may soon cross 1200+! A must have stock in one's portfolio.
Comment
⋅
NSE signs MoU WITH MCX, INDIA INX, NSDL & CDSL TO SET UP INTERNATIONAL BULLION EXCHANGE, CLEARING CORP & DEPOSITORY AT GIFT City. CDSL has been appointed by forgings supplier Samrat Forgings as its designated depository to monitor foreign investment limits and for system-driven disclosures in the securities market