CESC Ltd
NSE: CESC BSE: 500084
â‚ą124.79
-5.17 (3.98%)
Sun, 25 Oct 2026, 01:46 pm
Market Cap (in Cr)16509.98
PE Ratio10.67
Dividend9.63
Utilities
Electric Utilities
24.5KCESC Analysis
dividend
- Dividends per share have increased over the past 10 years.
- Dividends paid are well covered by earnings (5.5x coverage).
- Dividends after 3 years are expected to be well covered by earnings (5.2x coverage).
- Dividends per share have been stable in the past 10 years.
- CESC's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- CESC's dividend is above the markets top 25% of dividend payers in India (3.08%).
future
- CESC's earnings growth is expected to exceed the low risk savings rate of 7.2%.
- Performance (ROE) is expected to be above the current IN Electric Utilities industry average.
- Cash flow for CESC is expected to increase but not above the 50% threshold in 2 years time.
- CESC's earnings are expected to grow by 9.5% yearly, however this is not considered high growth (20% yearly).
- CESC's earnings growth is positive but not above the India market average.
- CESC's earnings are expected to decrease over the next year.
- CESC's net income is expected to increase but not above the 50% threshold in 2 years time.
- CESC is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
- A decline in CESC's performance (ROE) is expected over the next 3 years.
- CESC's revenue is expected to increase but not above the 50% threshold in 2 years time.
- CESC's revenue is expected to grow by 5.1% yearly, however this is not considered high growth (20% yearly).
- CESC's revenue growth is positive but not above the India market average.
health
- CESC is profitable, therefore cash runway is not a concern.
- CESC is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (21%, greater than 20% of total debt).
- The level of debt compared to net worth has been reduced over the past 5 years (197.9% vs 125.6% today).
- CESC's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Debt is not covered by short term assets, assets are 0.5x debt.
- CESC's long term commitments exceed its cash and other short term assets.
- Interest payments on debt are not well covered by earnings (EBIT is 1.6x annual interest expense, ideally 3x coverage).
- CESC's level of debt (125.6%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
- The tenure for the CESC board of directors is about average.
- The tenure for the CESC management team is about average.
misc
- CESC has significant price volatility in the past 3 months.
past
- CESC has delivered over 20% year on year earnings growth in the past 5 years.
- CESC used its assets more efficiently than the IN Electric Utilities industry average last year based on Return on Assets.
- CESC has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
- CESC's 1-year earnings growth is less than its 5-year average (16.2% vs 25.4%)
- CESC has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- CESC's earnings growth has not exceeded the IN Electric Utilities industry average in the past year (16.2% vs 16.2%).
value
- CESC's share price is below the future cash flow value, and at a moderate discount (> 20%).
- CESC's share price is below the future cash flow value, and at a substantial discount (> 40%).
- CESC is good value based on expected growth next year.
- CESC is good value based on earnings compared to the IN Electric Utilities industry average.
- CESC is good value based on earnings compared to the India market.
- BSE:500084 is up 4.6% along with the Electric Utilities industry (5.5%) over the past month.
- CESC is overvalued based on assets compared to the IN Electric Utilities industry average.
- 500084 underperformed the Electric Utilities industry which returned -13.9% over the past year.
- 500084 underperformed the Market in India which returned -14.5% over the past year.
- BSE:500084 is up 4.6% underperforming the market in India which returned 8% over the past month.
