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Last Updated on: 12 May, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 500084 | NSE: CESC

CESC Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 13, 2025, 12:46 am

Market Cap 22,107 Cr.
Current Price 167
High / Low 213/119
Stock P/E15.8
Book Value 91.1
Dividend Yield2.70 %
ROCE11.6 %
ROE12.1 %
Face Value 1.00
PEG Ratio16.50

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for CESC Ltd

Competitors of CESC Ltd

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 / 2.030.00 %8.46 %8.74 % 1.00
IND Renewable Energy Ltd 16.6 Cr. 11.9 21.2/9.80 18.70.00 %0.07 %0.34 % 10.0
GMR Power & Urban Infra Ltd 8,216 Cr. 115 169/58.6 11.10.00 %11.4 %% 5.00
Gita Renewable Energy Ltd 50.4 Cr. 122 202/101 32.20.00 %2.71 %1.91 % 10.0
SJVN Ltd 37,893 Cr. 96.5 160/80.541.4 37.21.87 %4.99 %5.90 % 10.0
Industry Average57,222.10 Cr186.7067.0288.440.70%7.82%7.32%8.08

All Competitor Stocks of CESC Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 2,8263,0114,1023,9133,1293,1024,3104,3523,2443,3874,8634,7003,561
Expenses 2,2812,3153,4523,4232,6332,5893,5863,7062,8982,9774,4923,8042,951
Operating Profit 545696650490496513724646346410371896610
OPM % 19%23%16%13%16%17%17%15%11%12%8%19%17%
Other Income 408409191421426547323423617645744189396
Interest 273298265274289289308305296325322328339
Depreciation 221223217221219221300303303311301295305
Profit before tax 459584359416414550439461364419492462362
Tax % 26%24%17%23%19%19%16%21%17%1%21%19%22%
Net Profit 340445297319336445368363301415388373282
EPS in Rs 2.483.202.162.302.413.272.622.632.123.022.852.662.00

Last Updated: February 28, 2025, 8:21 pm

Below is a detailed analysis of the quarterly data for CESC Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is 3,561.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,700.00 Cr. (Sep 2024) to 3,561.00 Cr., marking a decrease of 1,139.00 Cr..
  • For Expenses, as of Dec 2024, the value is 2,951.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3,804.00 Cr. (Sep 2024) to 2,951.00 Cr., marking a decrease of 853.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is 610.00 Cr.. The value appears to be declining and may need further review. It has decreased from 896.00 Cr. (Sep 2024) to 610.00 Cr., marking a decrease of 286.00 Cr..
  • For OPM %, as of Dec 2024, the value is 17.00%. The value appears to be declining and may need further review. It has decreased from 19.00% (Sep 2024) to 17.00%, marking a decrease of 2.00%.
  • For Other Income, as of Dec 2024, the value is 396.00 Cr.. The value appears strong and on an upward trend. It has increased from 189.00 Cr. (Sep 2024) to 396.00 Cr., marking an increase of 207.00 Cr..
  • For Interest, as of Dec 2024, the value is 339.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 328.00 Cr. (Sep 2024) to 339.00 Cr., marking an increase of 11.00 Cr..
  • For Depreciation, as of Dec 2024, the value is 305.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 295.00 Cr. (Sep 2024) to 305.00 Cr., marking an increase of 10.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is 362.00 Cr.. The value appears to be declining and may need further review. It has decreased from 462.00 Cr. (Sep 2024) to 362.00 Cr., marking a decrease of 100.00 Cr..
  • For Tax %, as of Dec 2024, the value is 22.00%. The value appears to be increasing, which may not be favorable. It has increased from 19.00% (Sep 2024) to 22.00%, marking an increase of 3.00%.
  • For Net Profit, as of Dec 2024, the value is 282.00 Cr.. The value appears to be declining and may need further review. It has decreased from 373.00 Cr. (Sep 2024) to 282.00 Cr., marking a decrease of 91.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 2.00. The value appears to be declining and may need further review. It has decreased from 2.66 (Sep 2024) to 2.00, marking a decrease of 0.66.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:36 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 7,55710,11111,06712,1248,36310,27510,66412,15911,63212,54414,24615,29316,511
Expenses 6,2448,4139,0888,8395,5107,2357,7388,9028,3389,50211,97213,01714,224
Operating Profit 1,3131,6981,9793,2852,8543,0402,9263,2573,2933,0422,2742,2762,287
OPM % 17%17%18%27%34%30%27%27%28%24%16%15%14%
Other Income 2101771531164754541,1638426651,0061,5842,0001,974
Interest 5016451,0451,5931,4821,4111,4321,4841,3401,2481,2411,3771,314
Depreciation 3654715897667157517648488678858781,2171,212
Profit before tax 6577584981,0421,1311,3311,8931,7681,7521,9151,7391,6831,735
Tax % 27%24%40%30%28%27%37%26%22%27%20%14%
Net Profit 4815732997298109751,1981,3091,3631,4041,3971,4471,458
EPS in Rs 3.683.941.504.515.216.888.939.5610.0410.2510.1310.3810.53
Dividend Payout % 19%20%60%22%19%18%20%21%45%44%45%44%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)19.13%-47.82%143.81%11.11%20.37%22.87%9.27%4.13%3.01%-0.50%3.58%
Change in YoY Net Profit Growth (%)0.00%-66.95%191.63%-132.70%9.26%2.50%-13.61%-5.14%-1.12%-3.51%4.08%

CESC Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:4%
5 Years:7%
3 Years:10%
TTM:10%
Compounded Profit Growth
10 Years:11%
5 Years:3%
3 Years:1%
TTM:-1%
Stock Price CAGR
10 Years:14%
5 Years:23%
3 Years:29%
1 Year:19%
Return on Equity
10 Years:11%
5 Years:13%
3 Years:13%
Last Year:12%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:31 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 126126133133133133133133133133133133133
Reserves 5,0185,5095,89610,47010,4898,2878,8419,2789,74010,26310,77711,31211,948
Borrowings 9,66111,91614,20214,87715,59914,57814,47913,99114,27714,96114,26314,54415,572
Other Liabilities 6,4867,3967,62910,94711,2489,98810,01712,05511,71212,13612,53911,17910,660
Total Liabilities 21,29024,94827,86036,42837,47032,98633,47035,45735,86237,49337,71237,16838,313
Fixed Assets 10,91314,51120,86926,50026,62623,85423,64924,73924,19723,21622,82622,13121,723
CWIP 5,1105,312410505392217161168134102140175292
Investments 2121066701,0021,1101,1741,1851803084607757170
Other Assets 5,0565,0195,9128,4209,3437,7428,47410,37111,22213,71614,66914,80616,128
Total Assets 21,29024,94827,86036,42837,47032,98633,47035,45735,86237,49337,71237,16838,313

Below is a detailed analysis of the balance sheet data for CESC Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹133.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 133.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹11,948.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,312.00 Cr. (Mar 2024) to ₹11,948.00 Cr., marking an increase of 636.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹15,572.00 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 14,544.00 Cr. (Mar 2024) to ₹15,572.00 Cr., marking an increase of 1,028.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹10,660.00 Cr.. The value appears to be improving (decreasing). It has decreased from 11,179.00 Cr. (Mar 2024) to ₹10,660.00 Cr., marking a decrease of 519.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹38,313.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 37,168.00 Cr. (Mar 2024) to ₹38,313.00 Cr., marking an increase of 1,145.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹21,723.00 Cr.. The value appears to be declining and may need further review. It has decreased from 22,131.00 Cr. (Mar 2024) to ₹21,723.00 Cr., marking a decrease of 408.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹292.00 Cr.. The value appears strong and on an upward trend. It has increased from 175.00 Cr. (Mar 2024) to ₹292.00 Cr., marking an increase of 117.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹170.00 Cr.. The value appears strong and on an upward trend. It has increased from 57.00 Cr. (Mar 2024) to ₹170.00 Cr., marking an increase of 113.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹16,128.00 Cr.. The value appears strong and on an upward trend. It has increased from 14,806.00 Cr. (Mar 2024) to ₹16,128.00 Cr., marking an increase of 1,322.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹38,313.00 Cr.. The value appears strong and on an upward trend. It has increased from 37,168.00 Cr. (Mar 2024) to ₹38,313.00 Cr., marking an increase of 1,145.00 Cr..

However, the Borrowings (15,572.00 Cr.) are higher than the Reserves (₹11,948.00 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.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1,8142,2518892,4802,6552,4692,2943,4082,8062,4991,9782,351
Cash from Investing Activity +-3,764-3,180-2,381-1,220-1,493-1,606-686-466-1,489-575-545-564
Cash from Financing Activity +1,9248221,331-1,181-760-1,485-1,737-2,219-1,739-611-2,457-1,642
Net Cash Flow-27-107-16180402-623-130723-4231,313-1,024146

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-8.00-10.00-13.00-11.00-13.00-11.00-12.00-10.00-11.00-11.00-12.00-12.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days785556436855605573615654
Inventory Days
Days Payable
Cash Conversion Cycle785556436855605573615654
Working Capital Days-6-53-34-32-19-24-27-4734262715
ROCE %8%8%8%12%10%11%14%14%13%13%11%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters52.11%52.11%52.11%52.11%52.11%52.11%52.11%52.11%52.11%52.11%52.11%52.11%
FIIs12.95%13.47%13.80%13.92%13.27%12.71%12.18%12.20%13.14%11.95%12.91%13.56%
DIIs23.00%22.06%20.99%21.35%22.03%22.00%21.75%21.04%20.06%21.44%21.12%22.63%
Government0.01%0.01%0.01%0.01%0.02%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public11.93%12.35%13.09%12.61%12.57%13.15%13.92%14.63%14.68%14.49%13.83%11.70%
No. of Shareholders1,76,1022,54,9412,96,4852,91,4532,87,9172,90,4953,07,7943,10,9873,12,8393,27,2123,63,7763,32,459

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Balanced Advantage Fund34,000,0001.77486.5434,000,0002025-04-22 17:25:380%
HDFC Balanced Advantage Fund - Regular Plan22,002,5180.41314.8622,002,5182025-04-22 17:25:380%
SBI Contra Fund21,853,4301.33312.7221,853,4302025-04-22 17:25:380%
SBI Flexi Cap Fund20,279,4071.44290.220,279,4072025-04-22 17:25:380%
HDFC Dividend Yield Fund9,000,0002.82128.799,000,0002025-04-22 17:25:380%
UTI Value Fund9,000,0001.52128.799,000,0002025-04-22 17:25:380%
UTI Mid Cap Fund6,868,5920.9898.296,868,5922025-04-22 17:25:380%
Aditya Birla Sun Life Flexi Cap Fund6,545,1900.4893.666,545,1902025-04-22 17:25:380%
Nippon India Multi Cap Fund5,000,0000.2871.555,000,0002025-04-22 17:25:380%
ICICI Prudential Value Discovery Fund4,897,8610.1870.094,897,8612025-04-22 17:25:380%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 1.001.001.0010.0010.00
Basic EPS (Rs.) 10.3810.1310.25100.4098.24
Diluted EPS (Rs.) 10.3810.1310.25100.4098.24
Cash EPS (Rs.) 20.0017.0817.18167.35151.47
Book Value[Excl.RevalReserv]/Share (Rs.) 89.9785.4981.30770.84729.11
Book Value[Incl.RevalReserv]/Share (Rs.) 89.9785.4981.30770.84729.11
Revenue From Operations / Share (Rs.) 114.80106.9494.16873.64826.80
PBDIT / Share (Rs.) 17.8418.4523.96256.73230.85
PBIT / Share (Rs.) 8.7111.8617.32191.68172.19
PBT / Share (Rs.) 12.6313.0514.38131.48120.05
Net Profit / Share (Rs.) 10.8610.4910.54102.3092.82
NP After MI And SOA / Share (Rs.) 10.3310.0810.1999.9097.74
PBDIT Margin (%) 15.5317.2525.4529.3827.92
PBIT Margin (%) 7.5811.0918.3921.9420.82
PBT Margin (%) 11.0012.2015.2715.0414.51
Net Profit Margin (%) 9.469.8011.1911.7011.22
NP After MI And SOA Margin (%) 8.999.4210.8211.4311.82
Return on Networth / Equity (%) 12.0212.3013.0613.4813.52
Return on Capital Employeed (%) 3.835.578.059.018.77
Return On Assets (%) 3.703.563.623.713.78
Long Term Debt / Equity (X) 1.141.061.201.311.18
Total Debt / Equity (X) 1.441.471.601.461.43
Asset Turnover Ratio (%) 0.400.370.220.220.25
Current Ratio (X) 2.031.511.531.471.18
Quick Ratio (X) 1.911.411.461.391.09
Dividend Payout Ratio (NP) (%) 43.3344.4243.9244.8120.36
Dividend Payout Ratio (CP) (%) 23.0026.8626.5927.1412.72
Earning Retention Ratio (%) 56.6755.5856.0855.1979.64
Cash Earning Retention Ratio (%) 77.0073.1473.4172.8687.28
Interest Coverage Ratio (X) 1.932.202.832.792.27
Interest Coverage Ratio (Post Tax) (X) 0.741.111.591.771.42
Enterprise Value (Cr.) 30521.8122823.2223895.5520901.2217550.45
EV / Net Operating Revenue (X) 2.001.601.901.801.59
EV / EBITDA (X) 12.849.297.486.115.71
MarketCap / Net Operating Revenue (X) 1.060.620.800.670.49
Retention Ratios (%) 56.6655.5756.0755.1879.63
Price / BV (X) 1.410.810.970.800.56
Price / Net Operating Revenue (X) 1.060.620.800.670.49
EarningsYield 0.080.150.130.160.23

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 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 10.38. This value is within the healthy range. It has increased from 10.13 (Mar 23) to 10.38, marking an increase of 0.25.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 10.38. This value is within the healthy range. It has increased from 10.13 (Mar 23) to 10.38, marking an increase of 0.25.
  • For Cash EPS (Rs.), as of Mar 24, the value is 20.00. This value is within the healthy range. It has increased from 17.08 (Mar 23) to 20.00, marking an increase of 2.92.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 89.97. It has increased from 85.49 (Mar 23) to 89.97, marking an increase of 4.48.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 89.97. It has increased from 85.49 (Mar 23) to 89.97, marking an increase of 4.48.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 114.80. It has increased from 106.94 (Mar 23) to 114.80, marking an increase of 7.86.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 17.84. This value is within the healthy range. It has decreased from 18.45 (Mar 23) to 17.84, marking a decrease of 0.61.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 8.71. This value is within the healthy range. It has decreased from 11.86 (Mar 23) to 8.71, marking a decrease of 3.15.
  • For PBT / Share (Rs.), as of Mar 24, the value is 12.63. This value is within the healthy range. It has decreased from 13.05 (Mar 23) to 12.63, marking a decrease of 0.42.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 10.86. This value is within the healthy range. It has increased from 10.49 (Mar 23) to 10.86, marking an increase of 0.37.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 10.33. This value is within the healthy range. It has increased from 10.08 (Mar 23) to 10.33, marking an increase of 0.25.
  • For PBDIT Margin (%), as of Mar 24, the value is 15.53. This value is within the healthy range. It has decreased from 17.25 (Mar 23) to 15.53, marking a decrease of 1.72.
  • For PBIT Margin (%), as of Mar 24, the value is 7.58. This value is below the healthy minimum of 10. It has decreased from 11.09 (Mar 23) to 7.58, marking a decrease of 3.51.
  • For PBT Margin (%), as of Mar 24, the value is 11.00. This value is within the healthy range. It has decreased from 12.20 (Mar 23) to 11.00, marking a decrease of 1.20.
  • For Net Profit Margin (%), as of Mar 24, the value is 9.46. This value is within the healthy range. It has decreased from 9.80 (Mar 23) to 9.46, marking a decrease of 0.34.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 8.99. This value is within the healthy range. It has decreased from 9.42 (Mar 23) to 8.99, marking a decrease of 0.43.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 12.02. This value is below the healthy minimum of 15. It has decreased from 12.30 (Mar 23) to 12.02, marking a decrease of 0.28.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 3.83. This value is below the healthy minimum of 10. It has decreased from 5.57 (Mar 23) to 3.83, marking a decrease of 1.74.
  • For Return On Assets (%), as of Mar 24, the value is 3.70. This value is below the healthy minimum of 5. It has increased from 3.56 (Mar 23) to 3.70, marking an increase of 0.14.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 1.14. This value exceeds the healthy maximum of 1. It has increased from 1.06 (Mar 23) to 1.14, marking an increase of 0.08.
  • For Total Debt / Equity (X), as of Mar 24, the value is 1.44. This value exceeds the healthy maximum of 1. It has decreased from 1.47 (Mar 23) to 1.44, marking a decrease of 0.03.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.40. It has increased from 0.37 (Mar 23) to 0.40, marking an increase of 0.03.
  • For Current Ratio (X), as of Mar 24, the value is 2.03. This value is within the healthy range. It has increased from 1.51 (Mar 23) to 2.03, marking an increase of 0.52.
  • For Quick Ratio (X), as of Mar 24, the value is 1.91. This value is within the healthy range. It has increased from 1.41 (Mar 23) to 1.91, marking an increase of 0.50.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 43.33. This value is within the healthy range. It has decreased from 44.42 (Mar 23) to 43.33, marking a decrease of 1.09.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 23.00. This value is within the healthy range. It has decreased from 26.86 (Mar 23) to 23.00, marking a decrease of 3.86.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 56.67. This value is within the healthy range. It has increased from 55.58 (Mar 23) to 56.67, marking an increase of 1.09.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 77.00. This value exceeds the healthy maximum of 70. It has increased from 73.14 (Mar 23) to 77.00, marking an increase of 3.86.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 1.93. This value is below the healthy minimum of 3. It has decreased from 2.20 (Mar 23) to 1.93, marking a decrease of 0.27.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 0.74. This value is below the healthy minimum of 3. It has decreased from 1.11 (Mar 23) to 0.74, marking a decrease of 0.37.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 30,521.81. It has increased from 22,823.22 (Mar 23) to 30,521.81, marking an increase of 7,698.59.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.00. This value is within the healthy range. It has increased from 1.60 (Mar 23) to 2.00, marking an increase of 0.40.
  • For EV / EBITDA (X), as of Mar 24, the value is 12.84. This value is within the healthy range. It has increased from 9.29 (Mar 23) to 12.84, marking an increase of 3.55.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.06. This value is within the healthy range. It has increased from 0.62 (Mar 23) to 1.06, marking an increase of 0.44.
  • For Retention Ratios (%), as of Mar 24, the value is 56.66. This value is within the healthy range. It has increased from 55.57 (Mar 23) to 56.66, marking an increase of 1.09.
  • For Price / BV (X), as of Mar 24, the value is 1.41. This value is within the healthy range. It has increased from 0.81 (Mar 23) to 1.41, marking an increase of 0.60.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.06. This value is within the healthy range. It has increased from 0.62 (Mar 23) to 1.06, marking an increase of 0.44.
  • For EarningsYield, as of Mar 24, the value is 0.08. This value is below the healthy minimum of 5. It has decreased from 0.15 (Mar 23) to 0.08, marking a decrease of 0.07.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of CESC Ltd as of May 12, 2025 is: 143.09

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of May 12, 2025, CESC Ltd is Overvalued by 14.32% compared to the current share price 167.00

Intrinsic Value of CESC Ltd as of May 12, 2025 is: 144.46

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of May 12, 2025, CESC Ltd is Overvalued by 13.50% compared to the current share price 167.00

Last 5 Year EPS CAGR: 0.96%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -11.67, which is a positive sign.
  2. The company has shown consistent growth in sales (11.38 cr) and profit (147.92 cr) over the years.
  1. The stock has a low average ROCE of 11.17%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 59.50, which may not be favorable.
  3. The company has higher borrowings (14,070.77) compared to reserves (9,063.69), which may suggest financial risk.

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:
    1. Net Profit Margin: 9.46%
      • 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.
    2. ROCE: 3.83% (Industry Average ROCE: 7.82%)
      • 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.
    3. ROE%: 12.02% (Industry Average ROE: 7.32%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 0.74
      • 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.
    5. Quick Ratio: 1.91
      • 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.
    6. Stock P/E: 15.8 (Industry average Stock P/E: 67.02)
      • 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.
    7. Total Debt / Equity: 1.44
      • 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.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

CESC Ltd. is a Public Limited Listed company incorporated on 28/03/1978 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L31901WB1978PLC031411 and registration number is 031411. Currently Company is involved in the business activities of Electric power generation by coal based thermal power plants. Company's Total Operating Revenue is Rs. 8605.98 Cr. and Equity Capital is Rs. 133.22 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Power - Generation/DistributionCESC House, Kolkata West Bengal 700001secretarial@rpsg.in
https://www.cesc.co.in
Management
NamePosition Held
Dr. Sanjiv GoenkaChairman
Mr. Shashwat GoenkaVice Chairman
Mr. Brajesh SinghManaging Director
Mr. Vineet SikkaManaging Director
Mr. Pradip Kumar KaitanNon Exe.Non Ind.Director
Mr. Pratip ChaudhuriIndependent Director
Mr. Sunil MitraIndependent Director
Mr. Debanjan MandalIndependent Director
Mr. Arjun KumarIndependent Director
Ms. Kusum DadooIndependent Director

FAQ

What is the intrinsic value of CESC Ltd?

CESC Ltd's intrinsic value (as of 12 May 2025) is ₹143.09 — 14.32% lower the current market price of 167.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 22,107 Cr. market cap, FY2025-2026 high/low of ₹213/119, reserves of 11,948 Cr, and liabilities of 38,313 Cr.

What is the Market Cap of CESC Ltd?

The Market Cap of CESC Ltd is 22,107 Cr..

What is the current Stock Price of CESC Ltd as on 12 May 2025?

The current stock price of CESC Ltd as on 12 May 2025 is 167.

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 ₹213/119.

What is the Stock P/E of CESC Ltd?

The Stock P/E of CESC Ltd is 15.8.

What is the Book Value of CESC Ltd?

The Book Value of CESC Ltd is 91.1.

What is the Dividend Yield of CESC Ltd?

The Dividend Yield of CESC Ltd is 2.70 %.

What is the ROCE of CESC Ltd?

The ROCE of CESC Ltd is 11.6 %.

What is the ROE of CESC Ltd?

The ROE of CESC Ltd is 12.1 %.

What is the Face Value of CESC Ltd?

The Face Value of CESC Ltd is 1.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in CESC Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE