C

CESC Limited

CESCNSE
Market snapshot · 2026-08-11 07:56 UTC

₹161.85

₹-2.73 (-1.66%)

MARKET CAP

₹21.45K Cr

STOCK P/E

13.9x

52W HIGH

₹204.50

52W LOW

₹138.12

BOOK VALUE

₹94.47

EPS

₹11.62

ROE

12.55%

SECTOR

Utilities

DEBT/EQUITY

164.31

VOLUME

10.87L

P/B RATIO

1.71x

PEG RATIO

0.78

Sector

Utilities

Themes

Power GenerationGreen HydrogenSolar EnergyLife Insurance Corporation of India Portfolio
D
Dividend
E
Earnings
₹187.53₹175.76₹163.98₹152.21₹140.43VolumeEDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 3.2% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +0.49). Confidence: 80%.

Live forward EPS implies next-12-month EPS of ₹14.33. Applying the stock's normalized valuation corridor produces a fair range of ₹163.22 to ₹208.50, with base value near ₹193.46 (+19.5% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹14.33

Forward P/E

11.3x

Base Fair Value

₹193.46

Fair Range

₹163.22 - ₹208.50

Upside To Base

+19.5%

Estimate Source

Live forward EPS

Growth Estimate

+17.8%

P/E
Overvalued

5Y Average

10.08

Current

13.93

Overvalued

14.55

Undervalued

11.39

EV/EBITDA
Strongly Overvalued

5Y Average

7.69

Current

10.63

Overvalued

10.64

Undervalued

4.54

P/B
Undervalued

5Y Average

1.79

Current

1.71

Overvalued

2.06

Undervalued

1.52

Peers & Comparison

Sector: Utilities · Theme: Power Generation

Power Generation Peers8 peers
Avg P/E: 118.6x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
DR. REDDY S LABORATORIES
DRREDDYPharmaceuticals
-5.6%10.0%
29.5x
Undervalued
-75% vs avg
-5.0%
EXIDE INDUSTRIES LTD
EXIDEINDBatteries
+17.7%4.9%
44.7x
Undervalued
-62% vs avg
+29.0%
AARTI INDUSTRIES LTD
AARTIINDSpecialty Chemicals
+42.5%5.9%
34.3x
Undervalued
-71% vs avg
+35.0%
DABUR INDIA LTD
DABURFMCG - Personal Products
+10.6%14.6%
37.1x
Undervalued
-69% vs avg
-17.6%
MAX FINANCIAL SERV LTD
MFSLInsurance
-40.2%0.2%
622.9x
Premium
+425% vs avg
-5.7%
COFORGE LIMITED
COFORGEIT Services & Consulting
+49.9%9.6%
36.4x
Undervalued
-69% vs avg
+12.2%
BHARAT FORGE LTD
BHARATFORGIron & Steel
+17.5%6.4%
100.0x
Undervalued
-16% vs avg
+81.6%
JSW ENERGY LIMITED
JSWENERGYPower Generation
+1.2%10.4%
44.1x
Undervalued
-63% vs avg
+8.4%
WHY THESE PEERS

CESC LTD trades at a discount (14.0x vs peer avg 118.6x), suggesting potential undervaluation relative to the Power Generation cohort. Peers include DR. REDDY S LABORATORIES, EXIDE INDUSTRIES LTD, AARTI INDUSTRIES LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹2.17K CrMar 2026

Latest net profit

₹223 CrMar 2026

Latest EPS

₹1.68Mar 2026

Net margin

18.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%6.0%12.0%18.0%24.0%0.00 Cr750 Cr1.50K Cr2.25K Cr3.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr750 Cr1.50K Cr2.25K Cr3.00K Cr₹0₹1₹1₹2₹2
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr550 Cr1.10K Cr1.65K Cr2.20K Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr8.00K Cr16.00K Cr24.00K Cr32.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +1,6552,5252,4481,8191,8142,8602,6391,9382,1472,8622,6762,0242,170
Expenses +1,4172,1812,1251,7571,7812,7862,1301,6761,6862,3332,0781,6121,778
Operating Profit238344323623374509262461529598412392
OPM %14%14%13%3.4%1.8%2.6%19%14%21%18%22%20%18%
Other Income +389231336512540582154371209137107194304
Interest166181176177205207215228216224222217207
Depreciation122179178180183175169174176169169170170
Profit before tax339215305217185274279231278273314219319
Tax %22%21%25%22%-11%30%22%26%22%23%23%20%30%
Net Profit +263170230170205192218172218211242176223
EPS in Rs1.981.281.741.281.551.451.641.301.641.591.831.331.68
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +52.11%52.11%52.11%52.11%52.11%
FIIs +10.93%11.09%11.88%11.61%11.46%
DIIs +25.38%25.65%25.61%26.24%26.14%
Government +0.01%0.01%0.01%0.01%0.01%
Public +11.56%11.14%10.39%10.05%10.26%
Others0.01%———0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Government +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Acquisition

Aug 10, 2026PDFCompany Reports Open

Board Meeting Intimation for Unaudited Financial Results And A Proposal For Declaration Of Interim Dividend

Aug 06, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Aug 06, 2026PDFCompany Reports Open

Allotment Of Debt Securities

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 03, 2026PDFCompany Reports Open