Share Price and Basic Stock Data
Last Updated: January 23, 2026, 8:31 pm
| PEG Ratio | 9.76 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
CESC Ltd operates in the power generation and distribution sector, with a current market capitalization of ₹19,333 Cr and a share price of ₹146. The company reported total sales of ₹14,246 Cr for the financial year ending March 2023, which increased to ₹15,293 Cr in March 2024, and further rose to ₹17,001 Cr in March 2025. This growth trajectory reflects a compound annual growth rate (CAGR) of approximately 9.5% over the two-year period. The company’s quarterly sales figures show a consistent upward trend, with ₹4,352 Cr reported for September 2023, an increase from ₹3,913 Cr in September 2022. This growth is indicative of strong demand dynamics and operational efficiency, positioning CESC favourably within the competitive landscape of the Indian power sector.
Profitability and Efficiency Metrics
CESC Ltd recorded a net profit of ₹1,516 Cr as of March 2025, maintaining a net profit margin of 8.39%. The operating profit margin (OPM) stood at 17% for the same period, reflecting effective cost management despite fluctuations in quarterly performance. The OPM peaked at 21% in March 2025, showcasing the company’s ability to enhance operational efficiency. Return on equity (ROE) was reported at 11.3%, while return on capital employed (ROCE) stood at 11.2%, both of which are robust metrics compared to typical sector averages. The interest coverage ratio (ICR) of 2.31x indicates that the company generates sufficient earnings to cover its interest obligations, further enhancing its financial stability. However, the OPM has shown variability, dipping to 8% in June 2024, which highlights potential operational challenges.
Balance Sheet Strength and Financial Ratios
As of September 2025, CESC Ltd reported total assets of ₹43,185 Cr, with total liabilities at ₹40,981 Cr. The company’s borrowings amounted to ₹18,811 Cr, resulting in a total debt-to-equity ratio of 1.48x, suggesting a moderate leverage position. The company’s reserves increased to ₹12,578 Cr, supporting a strong equity base. Key financial ratios indicate a healthy financial structure, with a current ratio of 1.90x, which is above the typical benchmark of 1.5x, ensuring adequate liquidity to meet short-term obligations. The price-to-book value ratio stood at 1.71x, reflecting a reasonable valuation in relation to its equity. While the company has managed to maintain a solid balance sheet, the increasing borrowings may pose risks if not managed prudently.
Shareholding Pattern and Investor Confidence
CESC’s shareholding structure indicates a stable ownership composition, with promoters holding 52.11% of the equity. The presence of foreign institutional investors (FIIs) at 11.09% and domestic institutional investors (DIIs) at 25.65% reflects a healthy level of institutional interest. The number of shareholders rose to 3,85,958 by September 2025, indicating growing retail investor participation. This diversification in the shareholder base may enhance market confidence in the company’s future prospects. However, the slight decline in FII holdings from 12.71% in December 2022 to 11.09% in September 2025 could indicate cautious sentiment among international investors. This trend warrants attention, as sustained institutional support is crucial for maintaining stock price stability and investor confidence.
Outlook, Risks, and Final Insight
CESC Ltd’s outlook remains positive, driven by increasing electricity demand and operational efficiencies. However, the company faces risks including fluctuating fuel costs and regulatory changes in the energy sector, which could impact profitability. Additionally, the rising debt levels may pose challenges if interest rates increase or operational performance deteriorates. While the company has demonstrated resilience through consistent revenue growth and strong profitability metrics, it must navigate these risks carefully. The strategic focus on enhancing operational efficiencies and managing costs will be vital in sustaining growth. Should CESC successfully mitigate these risks while capitalizing on growth opportunities, it may continue to enhance shareholder value in the evolving power sector landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Muzali Arts Ltd | 5.80 Cr. | 0.98 | / | 2.03 | 0.00 % | 8.46 % | 8.74 % | 1.00 | |
| IND Renewable Energy Ltd | 14.5 Cr. | 10.4 | 16.7/9.80 | 18.7 | 0.00 % | 0.23 % | 0.31 % | 10.0 | |
| GMR Power & Urban Infra Ltd | 7,250 Cr. | 102 | 141/89.4 | 19.7 | 0.00 % | 13.2 % | % | 5.00 | |
| Gita Renewable Energy Ltd | 32.3 Cr. | 78.4 | 155/75.0 | 31.5 | 0.00 % | 2.93 % | 2.93 % | 10.0 | |
| SJVN Ltd | 27,847 Cr. | 70.9 | 108/69.8 | 50.0 | 37.1 | 2.06 % | 4.91 % | 5.81 % | 10.0 |
| Industry Average | 55,493.05 Cr | 155.01 | 274.05 | 94.05 | 0.98% | 8.95% | 11.73% | 7.77 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,913 | 3,129 | 3,102 | 4,310 | 4,352 | 3,244 | 3,387 | 4,863 | 4,700 | 3,561 | 3,877 | 5,202 | 5,267 |
| Expenses | 3,423 | 2,633 | 2,589 | 3,586 | 3,706 | 2,898 | 2,977 | 4,492 | 3,804 | 2,951 | 3,065 | 4,338 | 4,206 |
| Operating Profit | 490 | 496 | 513 | 724 | 646 | 346 | 410 | 371 | 896 | 610 | 812 | 864 | 1,061 |
| OPM % | 13% | 16% | 17% | 17% | 15% | 11% | 12% | 8% | 19% | 17% | 21% | 17% | 20% |
| Other Income | 421 | 426 | 547 | 323 | 423 | 617 | 645 | 744 | 189 | 396 | 293 | 311 | 152 |
| Interest | 274 | 289 | 289 | 308 | 305 | 296 | 325 | 322 | 328 | 339 | 335 | 363 | 337 |
| Depreciation | 221 | 219 | 221 | 300 | 303 | 303 | 311 | 301 | 295 | 305 | 304 | 304 | 311 |
| Profit before tax | 416 | 414 | 550 | 439 | 461 | 364 | 419 | 492 | 462 | 362 | 466 | 508 | 565 |
| Tax % | 23% | 19% | 19% | 16% | 21% | 17% | 1% | 21% | 19% | 22% | 17% | 20% | 21% |
| Net Profit | 319 | 336 | 445 | 368 | 363 | 301 | 415 | 388 | 373 | 282 | 385 | 404 | 445 |
| EPS in Rs | 2.30 | 2.41 | 3.27 | 2.62 | 2.63 | 2.12 | 3.02 | 2.85 | 2.66 | 2.00 | 2.81 | 2.92 | 3.21 |
Last Updated: January 2, 2026, 2:59 am
Below is a detailed analysis of the quarterly data for CESC Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 5,267.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,202.00 Cr. (Jun 2025) to 5,267.00 Cr., marking an increase of 65.00 Cr..
- For Expenses, as of Sep 2025, the value is 4,206.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4,338.00 Cr. (Jun 2025) to 4,206.00 Cr., marking a decrease of 132.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 1,061.00 Cr.. The value appears strong and on an upward trend. It has increased from 864.00 Cr. (Jun 2025) to 1,061.00 Cr., marking an increase of 197.00 Cr..
- For OPM %, as of Sep 2025, the value is 20.00%. The value appears strong and on an upward trend. It has increased from 17.00% (Jun 2025) to 20.00%, marking an increase of 3.00%.
- For Other Income, as of Sep 2025, the value is 152.00 Cr.. The value appears to be declining and may need further review. It has decreased from 311.00 Cr. (Jun 2025) to 152.00 Cr., marking a decrease of 159.00 Cr..
- For Interest, as of Sep 2025, the value is 337.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 363.00 Cr. (Jun 2025) to 337.00 Cr., marking a decrease of 26.00 Cr..
- For Depreciation, as of Sep 2025, the value is 311.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 304.00 Cr. (Jun 2025) to 311.00 Cr., marking an increase of 7.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 565.00 Cr.. The value appears strong and on an upward trend. It has increased from 508.00 Cr. (Jun 2025) to 565.00 Cr., marking an increase of 57.00 Cr..
- For Tax %, as of Sep 2025, the value is 21.00%. The value appears to be increasing, which may not be favorable. It has increased from 20.00% (Jun 2025) to 21.00%, marking an increase of 1.00%.
- For Net Profit, as of Sep 2025, the value is 445.00 Cr.. The value appears strong and on an upward trend. It has increased from 404.00 Cr. (Jun 2025) to 445.00 Cr., marking an increase of 41.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 3.21. The value appears strong and on an upward trend. It has increased from 2.92 (Jun 2025) to 3.21, marking an increase of 0.29.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:30 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,111 | 11,067 | 12,124 | 8,363 | 10,275 | 10,664 | 12,159 | 11,632 | 12,544 | 14,246 | 15,293 | 17,001 | 17,907 |
| Expenses | 8,413 | 9,088 | 8,839 | 5,510 | 7,235 | 7,738 | 8,902 | 8,338 | 9,502 | 11,972 | 13,017 | 14,152 | 14,560 |
| Operating Profit | 1,698 | 1,979 | 3,285 | 2,854 | 3,040 | 2,926 | 3,257 | 3,293 | 3,042 | 2,274 | 2,276 | 2,849 | 3,347 |
| OPM % | 17% | 18% | 27% | 34% | 30% | 27% | 27% | 28% | 24% | 16% | 15% | 17% | 19% |
| Other Income | 177 | 153 | 116 | 475 | 454 | 1,163 | 842 | 665 | 1,006 | 1,584 | 2,000 | 1,618 | 1,152 |
| Interest | 645 | 1,045 | 1,593 | 1,482 | 1,411 | 1,432 | 1,484 | 1,340 | 1,248 | 1,241 | 1,377 | 1,479 | 1,374 |
| Depreciation | 471 | 589 | 766 | 715 | 751 | 764 | 848 | 867 | 885 | 878 | 1,217 | 1,205 | 1,224 |
| Profit before tax | 758 | 498 | 1,042 | 1,131 | 1,331 | 1,893 | 1,768 | 1,752 | 1,915 | 1,739 | 1,683 | 1,782 | 1,901 |
| Tax % | 24% | 40% | 30% | 28% | 27% | 37% | 26% | 22% | 27% | 20% | 14% | 20% | |
| Net Profit | 573 | 299 | 729 | 810 | 975 | 1,198 | 1,309 | 1,363 | 1,404 | 1,397 | 1,447 | 1,428 | 1,516 |
| EPS in Rs | 3.94 | 1.50 | 4.51 | 5.21 | 6.88 | 8.93 | 9.56 | 10.04 | 10.25 | 10.13 | 10.38 | 10.33 | 10.94 |
| Dividend Payout % | 20% | 60% | 22% | 19% | 18% | 20% | 21% | 45% | 44% | 45% | 44% | 44% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -47.82% | 143.81% | 11.11% | 20.37% | 22.87% | 9.27% | 4.13% | 3.01% | -0.50% | 3.58% | -1.31% |
| Change in YoY Net Profit Growth (%) | 0.00% | 191.63% | -132.70% | 9.26% | 2.50% | -13.61% | -5.14% | -1.12% | -3.51% | 4.08% | -4.89% |
CESC Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 7% |
| 3 Years: | 11% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 1% |
| 3 Years: | -1% |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 20% |
| 3 Years: | 24% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 11% |
Last Updated: September 5, 2025, 1:50 am
Balance Sheet
Last Updated: December 4, 2025, 1:06 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 126 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 |
| Reserves | 5,509 | 5,896 | 10,470 | 10,489 | 8,287 | 8,841 | 9,278 | 9,740 | 10,263 | 10,777 | 11,312 | 11,876 | 12,578 |
| Borrowings | 11,916 | 14,202 | 14,877 | 15,599 | 14,578 | 14,479 | 13,991 | 14,277 | 14,961 | 14,263 | 14,544 | 17,978 | 18,811 |
| Other Liabilities | 7,396 | 7,629 | 10,947 | 11,248 | 9,988 | 10,017 | 12,055 | 11,712 | 12,136 | 12,539 | 11,179 | 10,994 | 11,663 |
| Total Liabilities | 24,948 | 27,860 | 36,428 | 37,470 | 32,986 | 33,470 | 35,457 | 35,862 | 37,493 | 37,712 | 37,168 | 40,981 | 43,185 |
| Fixed Assets | 14,511 | 20,869 | 26,500 | 26,626 | 23,854 | 23,649 | 24,739 | 24,197 | 23,216 | 22,826 | 22,131 | 22,766 | 22,332 |
| CWIP | 5,312 | 410 | 505 | 392 | 217 | 161 | 168 | 134 | 102 | 140 | 175 | 427 | 890 |
| Investments | 106 | 670 | 1,002 | 1,110 | 1,174 | 1,185 | 180 | 308 | 460 | 77 | 57 | 59 | 139 |
| Other Assets | 5,019 | 5,912 | 8,420 | 9,343 | 7,742 | 8,474 | 10,371 | 11,222 | 13,716 | 14,669 | 14,806 | 17,728 | 19,824 |
| Total Assets | 24,948 | 27,860 | 36,428 | 37,470 | 32,986 | 33,470 | 35,457 | 35,862 | 37,493 | 37,712 | 37,168 | 40,981 | 43,185 |
Below is a detailed analysis of the balance sheet data for CESC Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 133.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 133.00 Cr..
- For Reserves, as of Sep 2025, the value is 12,578.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,876.00 Cr. (Mar 2025) to 12,578.00 Cr., marking an increase of 702.00 Cr..
- For Borrowings, as of Sep 2025, the value is 18,811.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 17,978.00 Cr. (Mar 2025) to 18,811.00 Cr., marking an increase of 833.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 11,663.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10,994.00 Cr. (Mar 2025) to 11,663.00 Cr., marking an increase of 669.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 43,185.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 40,981.00 Cr. (Mar 2025) to 43,185.00 Cr., marking an increase of 2,204.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 22,332.00 Cr.. The value appears to be declining and may need further review. It has decreased from 22,766.00 Cr. (Mar 2025) to 22,332.00 Cr., marking a decrease of 434.00 Cr..
- For CWIP, as of Sep 2025, the value is 890.00 Cr.. The value appears strong and on an upward trend. It has increased from 427.00 Cr. (Mar 2025) to 890.00 Cr., marking an increase of 463.00 Cr..
- For Investments, as of Sep 2025, the value is 139.00 Cr.. The value appears strong and on an upward trend. It has increased from 59.00 Cr. (Mar 2025) to 139.00 Cr., marking an increase of 80.00 Cr..
- For Other Assets, as of Sep 2025, the value is 19,824.00 Cr.. The value appears strong and on an upward trend. It has increased from 17,728.00 Cr. (Mar 2025) to 19,824.00 Cr., marking an increase of 2,096.00 Cr..
- For Total Assets, as of Sep 2025, the value is 43,185.00 Cr.. The value appears strong and on an upward trend. It has increased from 40,981.00 Cr. (Mar 2025) to 43,185.00 Cr., marking an increase of 2,204.00 Cr..
However, the Borrowings (18,811.00 Cr.) are higher than the Reserves (12,578.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -10.00 | -13.00 | -11.00 | -13.00 | -11.00 | -12.00 | -10.00 | -11.00 | -11.00 | -12.00 | -12.00 | -15.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 55 | 56 | 43 | 68 | 55 | 60 | 55 | 73 | 61 | 56 | 54 | 52 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 55 | 56 | 43 | 68 | 55 | 60 | 55 | 73 | 61 | 56 | 54 | 52 |
| Working Capital Days | -91 | -98 | -103 | -123 | -102 | -109 | -120 | -66 | -94 | -89 | -70 | -90 |
| ROCE % | 8% | 8% | 12% | 10% | 11% | 14% | 14% | 13% | 13% | 11% | 12% | 11% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Balanced Advantage Fund | 34,000,000 | 1.47 | 579.63 | 34,000,000 | 2025-04-22 17:25:38 | 0% |
| SBI Contra Fund | 21,853,430 | 0.75 | 372.56 | 21,853,430 | 2025-04-22 17:25:38 | 0% |
| Franklin India Small Cap Fund | 13,401,420 | 1.69 | 228.47 | N/A | N/A | N/A |
| HDFC Balanced Advantage Fund | 12,780,789 | 0.2 | 217.89 | N/A | N/A | N/A |
| Nippon India Multi Cap Fund | 11,911,039 | 0.41 | 203.06 | 5,000,000 | 2025-12-08 02:19:27 | 138.22% |
| Nippon India Small Cap Fund | 11,188,202 | 0.28 | 190.74 | N/A | N/A | N/A |
| ICICI Prudential Infrastructure Fund | 10,309,207 | 2.15 | 175.75 | 10,521,595 | 2025-12-15 00:06:28 | -2.02% |
| Canara Robeco Small Cap Fund | 8,694,821 | 1.13 | 148.23 | N/A | N/A | N/A |
| Franklin India Flexi Cap Fund | 8,038,760 | 0.68 | 137.04 | N/A | N/A | N/A |
| Nippon India Power & Infra Fund | 8,000,000 | 1.87 | 136.38 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 10.00 |
| Basic EPS (Rs.) | 10.32 | 10.38 | 10.13 | 10.25 | 100.40 |
| Diluted EPS (Rs.) | 10.32 | 10.38 | 10.13 | 10.25 | 100.40 |
| Cash EPS (Rs.) | 19.77 | 20.00 | 17.08 | 17.18 | 167.35 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 90.15 | 85.92 | 85.49 | 81.30 | 770.84 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 90.15 | 85.92 | 85.49 | 81.30 | 770.84 |
| Revenue From Operations / Share (Rs.) | 127.62 | 114.80 | 106.94 | 94.16 | 873.64 |
| PBDIT / Share (Rs.) | 23.00 | 17.84 | 18.45 | 23.96 | 256.73 |
| PBIT / Share (Rs.) | 13.95 | 8.71 | 11.86 | 17.32 | 191.68 |
| PBT / Share (Rs.) | 13.38 | 12.63 | 13.05 | 14.38 | 131.48 |
| Net Profit / Share (Rs.) | 10.72 | 10.86 | 10.49 | 10.54 | 102.30 |
| NP After MI And SOA / Share (Rs.) | 10.28 | 10.33 | 10.08 | 10.19 | 99.90 |
| PBDIT Margin (%) | 18.02 | 15.53 | 17.25 | 25.45 | 29.38 |
| PBIT Margin (%) | 10.93 | 7.58 | 11.09 | 18.39 | 21.94 |
| PBT Margin (%) | 10.48 | 11.00 | 12.20 | 15.27 | 15.04 |
| Net Profit Margin (%) | 8.39 | 9.46 | 9.80 | 11.19 | 11.70 |
| NP After MI And SOA Margin (%) | 8.05 | 8.99 | 9.42 | 10.82 | 11.43 |
| Return on Networth / Equity (%) | 11.39 | 12.02 | 12.30 | 13.06 | 13.48 |
| Return on Capital Employeed (%) | 5.71 | 3.83 | 5.57 | 8.05 | 9.01 |
| Return On Assets (%) | 3.34 | 3.70 | 3.56 | 3.62 | 3.71 |
| Long Term Debt / Equity (X) | 1.07 | 1.14 | 1.06 | 1.20 | 1.31 |
| Total Debt / Equity (X) | 1.48 | 1.44 | 1.47 | 1.60 | 1.46 |
| Asset Turnover Ratio (%) | 0.43 | 0.40 | 0.37 | 0.22 | 0.22 |
| Current Ratio (X) | 1.90 | 2.03 | 1.51 | 1.53 | 1.47 |
| Quick Ratio (X) | 1.81 | 1.91 | 1.41 | 1.46 | 1.39 |
| Inventory Turnover Ratio (X) | 21.20 | 17.39 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 43.57 | 43.33 | 44.42 | 43.92 | 44.81 |
| Dividend Payout Ratio (CP) (%) | 23.17 | 23.00 | 26.86 | 26.59 | 27.14 |
| Earning Retention Ratio (%) | 56.43 | 56.67 | 55.58 | 56.08 | 55.19 |
| Cash Earning Retention Ratio (%) | 76.83 | 77.00 | 73.14 | 73.41 | 72.86 |
| Interest Coverage Ratio (X) | 2.31 | 1.93 | 2.20 | 2.83 | 2.79 |
| Interest Coverage Ratio (Post Tax) (X) | 1.14 | 0.74 | 1.11 | 1.59 | 1.77 |
| Enterprise Value (Cr.) | 34759.15 | 30521.81 | 22823.22 | 23895.55 | 20901.22 |
| EV / Net Operating Revenue (X) | 2.04 | 2.00 | 1.60 | 1.90 | 1.80 |
| EV / EBITDA (X) | 11.35 | 12.84 | 9.29 | 7.48 | 6.11 |
| MarketCap / Net Operating Revenue (X) | 1.21 | 1.06 | 0.62 | 0.80 | 0.67 |
| Retention Ratios (%) | 56.42 | 56.66 | 55.57 | 56.07 | 55.18 |
| Price / BV (X) | 1.71 | 1.41 | 0.81 | 0.97 | 0.80 |
| Price / Net Operating Revenue (X) | 1.21 | 1.06 | 0.62 | 0.80 | 0.67 |
| EarningsYield | 0.06 | 0.08 | 0.15 | 0.13 | 0.16 |
After reviewing the key financial ratios for CESC Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 10.32. This value is within the healthy range. It has decreased from 10.38 (Mar 24) to 10.32, marking a decrease of 0.06.
- For Diluted EPS (Rs.), as of Mar 25, the value is 10.32. This value is within the healthy range. It has decreased from 10.38 (Mar 24) to 10.32, marking a decrease of 0.06.
- For Cash EPS (Rs.), as of Mar 25, the value is 19.77. This value is within the healthy range. It has decreased from 20.00 (Mar 24) to 19.77, marking a decrease of 0.23.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 90.15. It has increased from 85.92 (Mar 24) to 90.15, marking an increase of 4.23.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 90.15. It has increased from 85.92 (Mar 24) to 90.15, marking an increase of 4.23.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 127.62. It has increased from 114.80 (Mar 24) to 127.62, marking an increase of 12.82.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 23.00. This value is within the healthy range. It has increased from 17.84 (Mar 24) to 23.00, marking an increase of 5.16.
- For PBIT / Share (Rs.), as of Mar 25, the value is 13.95. This value is within the healthy range. It has increased from 8.71 (Mar 24) to 13.95, marking an increase of 5.24.
- For PBT / Share (Rs.), as of Mar 25, the value is 13.38. This value is within the healthy range. It has increased from 12.63 (Mar 24) to 13.38, marking an increase of 0.75.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 10.72. This value is within the healthy range. It has decreased from 10.86 (Mar 24) to 10.72, marking a decrease of 0.14.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 10.28. This value is within the healthy range. It has decreased from 10.33 (Mar 24) to 10.28, marking a decrease of 0.05.
- For PBDIT Margin (%), as of Mar 25, the value is 18.02. This value is within the healthy range. It has increased from 15.53 (Mar 24) to 18.02, marking an increase of 2.49.
- For PBIT Margin (%), as of Mar 25, the value is 10.93. This value is within the healthy range. It has increased from 7.58 (Mar 24) to 10.93, marking an increase of 3.35.
- For PBT Margin (%), as of Mar 25, the value is 10.48. This value is within the healthy range. It has decreased from 11.00 (Mar 24) to 10.48, marking a decrease of 0.52.
- For Net Profit Margin (%), as of Mar 25, the value is 8.39. This value is within the healthy range. It has decreased from 9.46 (Mar 24) to 8.39, marking a decrease of 1.07.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 8.05. This value is within the healthy range. It has decreased from 8.99 (Mar 24) to 8.05, marking a decrease of 0.94.
- For Return on Networth / Equity (%), as of Mar 25, the value is 11.39. This value is below the healthy minimum of 15. It has decreased from 12.02 (Mar 24) to 11.39, marking a decrease of 0.63.
- For Return on Capital Employeed (%), as of Mar 25, the value is 5.71. This value is below the healthy minimum of 10. It has increased from 3.83 (Mar 24) to 5.71, marking an increase of 1.88.
- For Return On Assets (%), as of Mar 25, the value is 3.34. This value is below the healthy minimum of 5. It has decreased from 3.70 (Mar 24) to 3.34, marking a decrease of 0.36.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 1.07. This value exceeds the healthy maximum of 1. It has decreased from 1.14 (Mar 24) to 1.07, marking a decrease of 0.07.
- For Total Debt / Equity (X), as of Mar 25, the value is 1.48. This value exceeds the healthy maximum of 1. It has increased from 1.44 (Mar 24) to 1.48, marking an increase of 0.04.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.43. It has increased from 0.40 (Mar 24) to 0.43, marking an increase of 0.03.
- For Current Ratio (X), as of Mar 25, the value is 1.90. This value is within the healthy range. It has decreased from 2.03 (Mar 24) to 1.90, marking a decrease of 0.13.
- For Quick Ratio (X), as of Mar 25, the value is 1.81. This value is within the healthy range. It has decreased from 1.91 (Mar 24) to 1.81, marking a decrease of 0.10.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 21.20. This value exceeds the healthy maximum of 8. It has increased from 17.39 (Mar 24) to 21.20, marking an increase of 3.81.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 43.57. This value is within the healthy range. It has increased from 43.33 (Mar 24) to 43.57, marking an increase of 0.24.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 23.17. This value is within the healthy range. It has increased from 23.00 (Mar 24) to 23.17, marking an increase of 0.17.
- For Earning Retention Ratio (%), as of Mar 25, the value is 56.43. This value is within the healthy range. It has decreased from 56.67 (Mar 24) to 56.43, marking a decrease of 0.24.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 76.83. This value exceeds the healthy maximum of 70. It has decreased from 77.00 (Mar 24) to 76.83, marking a decrease of 0.17.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 2.31. This value is below the healthy minimum of 3. It has increased from 1.93 (Mar 24) to 2.31, marking an increase of 0.38.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.14. This value is below the healthy minimum of 3. It has increased from 0.74 (Mar 24) to 1.14, marking an increase of 0.40.
- For Enterprise Value (Cr.), as of Mar 25, the value is 34,759.15. It has increased from 30,521.81 (Mar 24) to 34,759.15, marking an increase of 4,237.34.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.04. This value is within the healthy range. It has increased from 2.00 (Mar 24) to 2.04, marking an increase of 0.04.
- For EV / EBITDA (X), as of Mar 25, the value is 11.35. This value is within the healthy range. It has decreased from 12.84 (Mar 24) to 11.35, marking a decrease of 1.49.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.21. This value is within the healthy range. It has increased from 1.06 (Mar 24) to 1.21, marking an increase of 0.15.
- For Retention Ratios (%), as of Mar 25, the value is 56.42. This value is within the healthy range. It has decreased from 56.66 (Mar 24) to 56.42, marking a decrease of 0.24.
- For Price / BV (X), as of Mar 25, the value is 1.71. This value is within the healthy range. It has increased from 1.41 (Mar 24) to 1.71, marking an increase of 0.30.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.21. This value is within the healthy range. It has increased from 1.06 (Mar 24) to 1.21, marking an increase of 0.15.
- For EarningsYield, as of Mar 25, the value is 0.06. This value is below the healthy minimum of 5. It has decreased from 0.08 (Mar 24) to 0.06, marking a decrease of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in CESC Ltd:
- Net Profit Margin: 8.39%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 5.71% (Industry Average ROCE: 8.95%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 11.39% (Industry Average ROE: 11.73%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.14
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.81
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 12.8 (Industry average Stock P/E: 274.05)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.48
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 8.39%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Power - Generation/Distribution | CESC House, Chowringhee Square, Kolkata West Bengal 700001 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Dr. Sanjiv Goenka | Chairman |
| Mr. Shashwat Goenka | Vice Chairman |
| Mr. Brajesh Singh | Managing Director - Generation |
| Mr. Vineet Sikka | Managing Director - Distribution |
| Mr. Pradip Kumar Kaitan | Non Exe.Non Ind.Director |
| Mr. Sunil Mitra | Independent Director |
| Mr. Debanjan Mandal | Independent Director |
| Mr. Arjun Kumar | Independent Director |
| Ms. Kusum Dadoo | Independent Director |
| Mr. Paras Kumar Chowdhary | Independent Director |
FAQ
What is the intrinsic value of CESC Ltd?
CESC Ltd's intrinsic value (as of 23 January 2026) is ₹117.23 which is 16.26% lower the current market price of ₹140.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹18,608 Cr. market cap, FY2025-2026 high/low of ₹185/119, reserves of ₹12,578 Cr, and liabilities of ₹43,185 Cr.
What is the Market Cap of CESC Ltd?
The Market Cap of CESC Ltd is 18,608 Cr..
What is the current Stock Price of CESC Ltd as on 23 January 2026?
The current stock price of CESC Ltd as on 23 January 2026 is ₹140.
What is the High / Low of CESC Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of CESC Ltd stocks is ₹185/119.
What is the Stock P/E of CESC Ltd?
The Stock P/E of CESC Ltd is 12.8.
What is the Book Value of CESC Ltd?
The Book Value of CESC Ltd is 95.9.
What is the Dividend Yield of CESC Ltd?
The Dividend Yield of CESC Ltd is 4.27 %.
What is the ROCE of CESC Ltd?
The ROCE of CESC Ltd is 11.2 %.
What is the ROE of CESC Ltd?
The ROE of CESC Ltd is 11.3 %.
What is the Face Value of CESC Ltd?
The Face Value of CESC Ltd is 1.00.