Throughline

Guidance ledger · Q4 FY26

Central Depository Services (India) Limited CDSL

2 revisions on record · 2 lowered · 0 raised — the strikethrough is what management used to say

refuses forward guidance · held across quarters
↓ lowered KYC fetch charge Q3 FY26 → Q4 FY26
INR35INR28
“the fetch charges have been reduced by 20% from INR35 to INR28”
↓ lowered KYC creation charge Q3 FY26 → Q4 FY26
INR20INR5
“the creation charges have been reduced by 75% from INR20 to INR5”

Method. Revisions come from management's own stated numbers, compared quarter over quarter across the covered concalls; each carries the verbatim quote. “No revisions” can also mean guidance too vague to pin down — see the posture chip above. Not investment advice.