CESC

Why is CESC Ltd falling/rising?

As of 25-Aug, CESC Ltd's stock is at 153.85, down 0.97%, underperforming its sector and moving averages, with a significant drop in investor participation. The stock has decreased 8.42% over the past week and 5.67% in the past month, facing challenges like weak profit growth and high debt levels despite a high dividend yield.

As of 25-Aug, CESC Ltd's stock price is falling, currently at 153.85, reflecting a change of -1.5 (-0.97%). The stock has underperformed its sector by 1.67% today and is trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 63.76% compared to the 5-day average.<BR><BR>Over the past week, the stock has decreased by 8.42%, while the Sensex has gained 0.54%. In the past month, CESC Ltd has fallen by 5.67%, contrasting with a 2.10% increase in the benchmark index. Year-to-date, the stock is down 8.12%, and over the last year, it has declined by 6.36%, while the Sensex has only decreased by 4.88%. <BR><BR>Despite a high dividend yield of 7.73% and a relatively attractive valuation with a Return on Capital Employed (ROCE) of 7.8%, the company faces challenges such as weak long-term fundamental strength, indicated by a -0.78% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 6.29 times. These factors contribute to the stock's decline, as investors may be concerned about the company's ability to manage its debt and generate consistent profits.

Which are the latest news on CESC?

Should I buy, sell or hold CESC Ltd?

Who are in the management team of CESC?

The management team of CESC includes Chairman Sanjiv Goenka, Managing Directors Rabi Chowdhury and Debasish Banerjee, and several non-executive and independent directors, bringing diverse expertise to the company.

The management team of CESC includes the following key individuals:<BR><BR>1. **Sanjiv Goenka** - Chairman (Non-Executive)<BR>2. **P K Khaitan** - Non-Executive & Non-Independent Director<BR>3. **C K Dhanuka** - Non-Executive & Independent Director<BR>4. **Rekha Sethi** - Non-Executive & Independent Director<BR>5. **Pratip Chaudhuri** - Non-Executive & Independent Director<BR>6. **Rabi Chowdhury** - Managing Director<BR>7. **Debasish Banerjee** - Managing Director<BR>8. **Shashwat Goenka** - Vice Chairman<BR>9. **Sunil Mitra** - Non-Executive & Independent Director<BR>10. **Jagdish Patra** - Company Secretary & Compliance Officer<BR>11. **Debanjan Mandal** - Non-Executive & Independent Director<BR><BR>This team brings a diverse range of experience and expertise to the company.

What does CESC do?

CESC Ltd is an integrated power utility company involved in electricity generation and distribution, with a market cap of INR 21,587 Cr and a net profit of 402 Cr reported for June 2026. It has a P/E ratio of 14.00 and a dividend yield of 3.70%.

Overview: <BR>CESC Ltd is an integrated power utility company engaged in the generation and distribution of electricity, operating within the small cap segment of the power industry.<BR><BR>History: <BR>CESC Ltd was incorporated in 1899 and has been continuously engaged in its operations since then. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 5,485 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 402 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 21,587 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 14.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 3.70% <BR>Debt-Equity: 1.28 <BR>Return on Equity: 12.28% <BR>Price to Book: 1.72 <BR><BR>Contact Details: <BR>Address: CESC House, Chowringhee Square Kolkata West Bengal : 700001 <BR>Tel: 91-33-22256040 <BR>Email: secretarial@rp-sg.in <BR>Website: http://www.cesc.co.in

Who are the peers of the CESC?

CESC's peers include NTPC Green Ene., NHPC Ltd, Torrent Power, NLC India, SJVN, Nava, and JP Power Ven. In terms of performance, NLC India leads with a 1-year return of 13.51%, while CESC has a return of 0.30%, and SJVN shows the lowest at -28.19%.

Peers: The peers of CESC are NTPC Green Ene., NHPC Ltd, Torrent Power, NLC India, SJVN, Nava, and JP Power Ven.<BR><BR>Quality Snapshot: Excellent management risk is observed at Torrent Power, while Below Average management risk is found at NTPC Green Ene. and JP Power Ven. Average management risk is present at NHPC Ltd, NLC India, SJVN, and Nava. In terms of growth, Excellent growth is noted at Torrent Power, Good growth is seen at NLC India, while Average growth is found at SJVN, NHPC Ltd, and Nava, and Below Average growth is observed at CESC, NTPC Green Ene., and JP Power Ven. For capital structure, Excellent capital structure is noted at Nava, while Average capital structure is found at Torrent Power, and Below Average capital structure is present at NTPC Green Ene., NHPC Ltd, NLC India, SJVN, CESC, and JP Power Ven.<BR><BR>Return Snapshot: NLC India has the highest 1-year return at 13.51%, while SJVN has the lowest at -28.19%. CESC's 1-year return of 0.30% is higher than SJVN's but lower than NLC India's. Additionally, the six-month returns are negative for SJVN, Torrent Power, and Nava.

How big is CESC?

As of 14th August, CESC Ltd has a market capitalization of 22,262.96 Cr, with recent net sales of 18,853.00 Cr and a net profit of 1,554.00 Cr. Shareholder's funds are 12,009.72 Cr and total assets amount to 40,981.08 Cr as of March 2025.

As of 14th August, CESC Ltd has a market capitalization of 22,262.96 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, CESC reported Net Sales of 18,853.00 Cr and a Net Profit of 1,554.00 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 12,009.72 Cr and Total Assets of 40,981.08 Cr.

When is the next results date for CESC Ltd?

The next results date for CESC Ltd is 13 August 2026.

The next results date for CESC Ltd is scheduled for 13 August 2026.

Are CESC Ltd latest results good or bad?

CESC Ltd's latest Q4 FY26 results show a significant net profit increase of 54.04% quarter-on-quarter, but a decline in operating profit margins to 18.14% raises concerns about operational efficiency. Overall, while profits are up, the margin compression suggests potential challenges ahead.

CESC Ltd's latest results for Q4 FY26 can be viewed as a mixed bag, showcasing both positive and negative aspects. On the positive side, the company reported a consolidated net profit of ₹439 crores, which is a significant increase of 54.04% quarter-on-quarter and 17.69% year-on-year. Additionally, net sales reached ₹4,096 crores, reflecting a modest growth of 2.27% from the previous quarter and a 5.65% increase compared to the same quarter last year.<BR><BR>However, there are concerns regarding operational efficiency. The operating profit margin, excluding other income, decreased to 18.14% from 20.94% a year ago, indicating pressure on costs, particularly in electricity generation and distribution. This margin compression raises questions about the sustainability of profitability improvements moving forward.<BR><BR>Overall, while the surge in net profit is encouraging, the decline in operating margins suggests that CESC is facing challenges in maintaining operational efficiency. Investors may want to consider these factors when evaluating the company's performance.

Is CESC technically bullish or bearish?

As of November 3, 2025, the market trend is mildly bullish, supported by daily moving averages and weekly bullish signals, though caution is advised due to mixed monthly indicators and neutral signals from RSI and OBV.

As of 3 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum and the weekly MACD and KST also showing bullish signals. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, reinforcing the overall positive sentiment. The lack of clear trends in Dow Theory and the neutral signals from RSI and OBV indicate a mixed picture, but the prevailing indicators lean towards a mildly bullish outlook.

How has been the historical performance of CESC?

CESC has shown steady growth in financial performance, with net sales increasing from 11,632 Cr in Mar'21 to 17,001 Cr in Mar'25, and total operating income reaching the same figure. Key metrics like operating profit and cash flow have improved, indicating a strong and expanding business despite rising liabilities and debt.

Answer:<BR>The historical performance of CESC shows a steady growth in net sales and operating income over the years, with net sales increasing from 11,632.00 Cr in Mar'21 to 17,001.00 Cr in Mar'25. Total operating income followed a similar trend, rising from 12,159.00 Cr in Mar'20 to 17,001.00 Cr in Mar'25. The total expenditure, excluding depreciation, also grew from 8,465.00 Cr in Mar'21 to 14,312.00 Cr in Mar'25, reflecting the company's expanding operations. Operating profit (PBDIT) increased from 2,126.00 Cr in Mar'24 to 3,063.00 Cr in Mar'25, while profit before tax showed a slight increase from 1,683.00 Cr in Mar'24 to 1,782.00 Cr in Mar'25. Profit after tax remained relatively stable, with a slight decrease from 1,447.00 Cr in Mar'24 to 1,428.00 Cr in Mar'25. The company's total assets rose significantly from 35,457.02 Cr in Mar'20 to 40,981.08 Cr in Mar'25, indicating a strong asset base. Total liabilities also increased, from 35,457.02 Cr in Mar'20 to 40,981.08 Cr in Mar'25, with total debt rising from 10,372.34 Cr in Mar'20 to 15,624.42 Cr in Mar'25. Cash flow from operating activities improved from 2,351.00 Cr in Mar'24 to 2,581.00 Cr in Mar'25, contributing to a net cash inflow of 905.00 Cr in Mar'25.<BR><BR>Breakdown:<BR>CESC's financial performance over the years demonstrates a consistent upward trajectory in key metrics. Net sales surged from 11,632.00 Cr in Mar'21 to 17,001.00 Cr in Mar'25, while total operating income mirrored this growth, reaching 17,001.00 Cr in the same period. The total expenditure also increased, reflecting the company's operational expansion, with a notable rise in operating profit (PBDIT) from 2,126.00 Cr in Mar'24 to 3,063.00 Cr in Mar'25. Despite fluctuations, profit before tax showed resilience, increasing slightly to 1,782.00 Cr in Mar'25. The total assets of CESC grew significantly, indicating a robust financial position, while total liabilities and debt also rose, suggesting increased leverage. The cash flow from operating activities improved, leading to a positive net cash inflow, showcasing the company's ability to generate cash effectively. Overall, CESC's financial metrics reflect a strong and growing business.

Is CESC overvalued or undervalued?

As of October 20, 2025, CESC is considered very attractive and undervalued with a PE ratio of 16.38, an EV to EBITDA of 12.38, and a Price to Book Value of 0.19, indicating competitive positioning despite recent underperformance compared to the Sensex, but strong historical returns suggest potential for future growth.

As of 20 October 2025, CESC's valuation grade has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 16.38, an EV to EBITDA of 12.38, and a Price to Book Value of 0.19, which suggest that the stock is trading at a discount compared to its intrinsic value.<BR><BR>In comparison to its peers, CESC's PE ratio is higher than NTPC's 13.85 but significantly lower than Adani Power's 26.45, highlighting its competitive positioning within the industry. Additionally, CESC's EV to EBITDA ratio of 12.38 is more favorable than Adani Power's 17.34, reinforcing its attractiveness. While CESC has underperformed the Sensex year-to-date with a return of -3.58% compared to the Sensex's 7.97%, its strong historical performance over the past three and five years, with returns of 129.97% and 211.62% respectively, suggests potential for recovery and growth moving forward.

Who are the top shareholders of the CESC?

The top shareholders of CESC include Rainbow Investments Limited with 44.36%, mutual funds holding 17.51%, Foreign Institutional Investors at 11.01%, and SBI Balanced Advantage Fund as the largest public shareholder with 6.57%. Individual investors collectively own 9.03% of the shares.

The top shareholders of CESC include the promoters, who hold a significant majority of the shares. The promoter with the highest holding is Rainbow Investments Limited, which owns 44.36% of the company. Additionally, mutual funds are represented by 32 schemes, accounting for 17.51% of the shares. Foreign Institutional Investors (FIIs) hold 11.01% through 169 different entities. The highest public shareholder is SBI Balanced Advantage Fund, with a holding of 6.57%. Individual investors collectively hold 9.03% of the shares.

Has CESC declared dividend?

CESC Ltd has declared a 450% dividend, amounting to ₹4.5 per share, with an ex-date of January 16, 2025. The company has shown strong total returns over various periods, including a 268.25% total return over the past 5 years.

CESC Ltd has declared a 450% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 450%<BR>- Amount per share: 4.5<BR>- Ex-date: Jan-16-2025<BR><BR>Dividend Yield: 2.7%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -15.95%, the dividend return was 2.25%, resulting in a total return of -13.7%.<BR><BR>Over the past year, the price return was 16.65%, the dividend return was 3.05%, leading to a total return of 19.7%.<BR><BR>In the 2-year period, the price return was 132.92%, with a dividend return of 12.50%, culminating in a total return of 145.42%.<BR><BR>For the 3-year period, the price return was 112.41%, the dividend return was 19.55%, resulting in a total return of 131.96%.<BR><BR>In the last 4 years, the price return was 137.57%, with a dividend return of 23.37%, leading to a total return of 160.94%.<BR><BR>Over the past 5 years, the price return was 169.13%, while the dividend return was 99.12%, resulting in a total return of 268.25%.<BR><BR>Overall, CESC Ltd has declared a significant dividend and has shown strong total returns over various periods, indicating a positive performance trend in both price and dividends.