GROWW vs CDSL: share price, P/E, ROE and financials compared
Billionbrains Garage Ventures
Central Depository Services (India)
GROWW and CDSL at a glance
GROWW and CDSL are both listed in Financial Services. GROWW is the larger by market cap, at ₹1.3L Cr against ₹27,826 Cr for CDSL (4.8 times as large). On valuation, GROWW has the lower P/E (50.3× against 55.1×). On returns and margins, GROWW has the higher operating margin (62.9% against 51.3%), while CDSL has the higher ROE (26.4% against 21.6%). Neither carries much debt for its equity: debt-to-equity is 0.03× for GROWW and 0.00× for CDSL.
Key metrics, side by side
| Metric | GROWWGROWW | CDSLCDSL |
|---|---|---|
| Price (₹) | 215.08 | 1,331.40 |
| Market cap (₹ Cr) | 1,33,585 | 27,826 |
| P/E | 50.3× (the lower figure, shaded) | 55.1× |
| P/B | 13.78× | 14.03× |
| Dividend yield, trailing | 0.00% | 0.96% (the higher figure, shaded) |
| ROE | 21.6% | 26.4% (the higher figure, shaded) |
| ROCE | 29.3% | 29.7% |
| Operating margin (OPM) | 62.9% (the higher figure, shaded) | 51.3% |
| Net margin (NPM) | 45.4% (the higher figure, shaded) | 37.2% |
| Sales CAGR 3Y | – | +27.3% |
| Profit CAGR 3Y | – | +18.2% |
| Debt to equity | 0.03× | 0.00× |
| Interest cover | 65.8× | 3511.0× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 2,694 | 505 |
| 1Y return | +63.8% (the higher figure, shaded) | −13.3% |
| Promoter holding | 27.13% | 15.00% |
GROWW vs CDSL: common questions
Which is bigger, GROWW or CDSL?
By market cap, GROWW is bigger at ₹1.3L Cr, against ₹27,826 Cr for CDSL (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹2,694 Cr for GROWW and ₹505 Cr for CDSL.
Which has a lower P/E ratio, GROWW or CDSL?
GROWW trades at a P/E of 50.3× and CDSL at 55.1×. GROWW has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, GROWW or CDSL?
GROWW reports a return on equity of 21.6% and CDSL 26.4%. CDSL has the higher ROE. ROE is net profit as a share of shareholders’ equity.