CESC Ltd
Incorporated in 1978, CESC Ltd is in the business of generation and distribution of Electricity[1]
- Market Cap ₹ 22,879 Cr.
- Current Price ₹ 173
- High / Low ₹ 213 / 119
- Stock P/E 16.7
- Book Value ₹ 90.6
- Dividend Yield 2.62 %
- ROCE 10.9 %
- ROE 11.7 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 44.0%
Cons
- The company has delivered a poor sales growth of 6.93% over past five years.
- Company has a low return on equity of 12.0% over last 3 years.
- Earnings include an other income of Rs.1,622 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Part of BSE 500 Nifty 500 BSE SmallCap Nifty Energy Nifty Smallcap 100
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10,111 | 11,067 | 12,124 | 8,363 | 10,275 | 10,664 | 12,159 | 11,632 | 12,544 | 14,246 | 15,293 | 17,001 | |
8,413 | 9,088 | 8,839 | 5,510 | 7,235 | 7,738 | 8,902 | 8,338 | 9,502 | 11,972 | 13,017 | 14,312 | |
Operating Profit | 1,698 | 1,979 | 3,285 | 2,854 | 3,040 | 2,926 | 3,257 | 3,293 | 3,042 | 2,274 | 2,276 | 2,689 |
OPM % | 17% | 18% | 27% | 34% | 30% | 27% | 27% | 28% | 24% | 16% | 15% | 16% |
177 | 153 | 116 | 475 | 454 | 1,163 | 842 | 665 | 1,006 | 1,584 | 2,000 | 1,622 | |
Interest | 645 | 1,045 | 1,593 | 1,482 | 1,411 | 1,432 | 1,484 | 1,340 | 1,248 | 1,241 | 1,377 | 1,324 |
Depreciation | 471 | 589 | 766 | 715 | 751 | 764 | 848 | 867 | 885 | 878 | 1,217 | 1,205 |
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 |
Tax % | 24% | 40% | 30% | 28% | 27% | 37% | 26% | 22% | 27% | 20% | 14% | 20% |
573 | 299 | 729 | 810 | 975 | 1,198 | 1,309 | 1,363 | 1,404 | 1,397 | 1,447 | 1,428 | |
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 |
Dividend Payout % | 20% | 60% | 22% | 19% | 18% | 20% | 21% | 45% | 44% | 45% | 44% | 44% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 7% |
3 Years: | 11% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 2% |
3 Years: | 0% |
TTM: | 1% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 26% |
3 Years: | 30% |
1 Year: | 18% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 13% |
3 Years: | 12% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 126 | 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 |
11,916 | 14,202 | 14,877 | 15,599 | 14,578 | 14,479 | 13,991 | 14,277 | 14,961 | 14,263 | 14,544 | 17,978 | |
7,396 | 7,629 | 10,947 | 11,248 | 9,988 | 10,017 | 12,055 | 11,712 | 12,136 | 12,539 | 11,179 | 10,994 | |
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 |
14,511 | 20,869 | 26,500 | 26,626 | 23,854 | 23,649 | 24,739 | 24,197 | 23,216 | 22,826 | 22,131 | 22,767 | |
CWIP | 5,312 | 410 | 505 | 392 | 217 | 161 | 168 | 134 | 102 | 140 | 175 | 427 |
Investments | 106 | 670 | 1,002 | 1,110 | 1,174 | 1,185 | 180 | 308 | 460 | 77 | 57 | 59 |
5,019 | 5,912 | 8,420 | 9,343 | 7,742 | 8,474 | 10,371 | 11,222 | 13,716 | 14,669 | 14,806 | 17,728 | |
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 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,251 | 889 | 2,480 | 2,655 | 2,469 | 2,294 | 3,408 | 2,806 | 2,499 | 1,978 | 2,351 | 2,582 | |
-3,180 | -2,381 | -1,220 | -1,493 | -1,606 | -686 | -466 | -1,489 | -575 | -545 | -564 | -3,013 | |
822 | 1,331 | -1,181 | -760 | -1,485 | -1,737 | -2,219 | -1,739 | -611 | -2,457 | -1,642 | 1,337 | |
Net Cash Flow | -107 | -161 | 80 | 402 | -623 | -130 | 723 | -423 | 1,313 | -1,024 | 146 | 906 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | -53 | -34 | -32 | -19 | -24 | -27 | -47 | 34 | 28 | 27 | 15 | 16 |
ROCE % | 8% | 8% | 12% | 10% | 11% | 14% | 14% | 13% | 13% | 11% | 12% | 11% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Annual Secretarial Compliance Report for FY 2024-25 confirms full regulatory compliance, no deviations.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 May - CESC to attend three investor conferences in Mumbai from May 21 to June 23, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 May - CESC to attend three investor conferences in Mumbai from May 21 to June 23, 2025.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 May
- Announcement under Regulation 30 (LODR)-Newspaper Publication 16 May
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Jan 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Jan 2024TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Mar 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Sep 2016TranscriptNotesPPT
Parentage
The company is the flagship of the RP-Sanjiv Goenka Group (RPSG), which reported a turnover of Rs. 36,509 Cr and assets of Rs. 60,590 Cr+ in FY24. The group operates across various sectors, including power, infrastructure, carbon black, retail, education, BPO, and media & entertainment with a presence in 60+ countries and 100+ offices globally. [1] [2]