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CESC Limited (CESC.NS)
INR163.54
+4.38 (+2.75%)
IN NSE Utilities Regulated Electric
Address
CESC House 700001
Kolkata, WB, IN
Kolkata, WB, IN
CEO
Rajarshi Banerjee
Website
cesc.co.in
IPO
2002-07-01
ISIN INE486A01021
Also trades on
Bombay Stock Exchange · CESC.BO (INR)
National Stock Exchange of India · CESC.NS (INR)
Description
CESC Limited, an integrated electrical utility company, engages in the generation and distribution of electricity in India. It owns and operates two thermal power plants, including Budge Budge generating station with a generating capacity of 750 megawatts and Southern generating stations with a generating capacity of 135 megawatts; a 40-megawatt atmospheric fluidized bed combustion power plant in Asansol, West Bengal; a 300-megawatt solar project in Bhadla, Rajasthan; a 450-megawatt hybrid project comprising a 150-megawatt solar unit and 300-megawatt wind unit in Mandsaur, Madhya, Pradesh; and a 450-megawatt hybrid project that consists of a 150-megawatt solar unit in Bikaner, Rajasthan and a 300-megawatt wind unit in Ananthapuram, Andhra Pradesh. The company was founded in 1899 and is headquartered in Kolkata, India.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
INR163.54
+4.38 (+2.75%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
0.32
Float Shares
657.75M
Free Float %
49.6%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.83% | -1.90% | +14.59% | +17.16% | +5.04% | +7.72% | +8.24% | +156.94% | +169.36% | +332.75% | +684.44% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
163.54
DCF (Unlevered)
501.56
+206.7%
DCF (Levered)
218.00
+33.3%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
92% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 10 | -1 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
Quality scores
Altman Z-Score
1.01
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Regulated Electric: +9.0%+9.2% ★ Q1'26: +5.6% (vs Q1'25)
-
EPS growth Regulated Electric: +12.7%+12.7% Q1'26: +17.8% (vs Q1'25)
-
FCF margin FCF growth · Regulated Electric: +35.5%+2.2% Q1'26: +11.7% (vs Q1'25)
-
EBIT margin Regulated Electric: +19.9%+12.0% Q1'26: +10.7% (vs Q1'25)
-
ROIC Regulated Electric: +4.4%+5.8% ★ Q1'26: +4.2% (vs Q1'25)
-
Share dilution Regulated Electric: +0.0%-0.1% ★ Q1'26: -0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×6.29× Q1'26: 7.29× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Mar 2011 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 5 Rev. Ana. 10 EPS Ana. |
Mar 2027 4 Rev. Ana. 10 EPS Ana. |
Mar 2028 6 Rev. Ana. 10 EPS Ana. |
Mar 2029 1 Rev. Ana. 2 EPS Ana. |
Mar 2030 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
51.79B
est: 45.63B (+13.5%)
|
58.92B
est: 57.38B (+2.7%)
|
75.57B
est: 64.28B (+17.6%)
|
101.11B
est: 103.67B (-2.5%)
|
110.67B
est: 61.00B (+81.4%)
|
121.24B
est: 68.16B (+77.9%)
|
83.63B
est: 69.67B (+20.0%)
|
102.75B
est: 77.87B (+31.9%)
|
106.64B
est: 92.98B (+14.7%)
|
121.59B
est: 82.07B (+48.2%)
|
116.39B
est: 114.21B (+1.9%)
|
125.44B
est: 130.55B (-3.9%)
|
142.46B
est: 151.34B (-5.9%)
|
152.93B
est: 158.46B (-3.5%)
|
170.01B
est: 171.05B (-0.6%)
|
193.25B
185.44B – 206.46B
+13.0% YoY
|
208.30B
198.62B – 223.02B
+7.8% YoY
|
226.23B
219.50B – 253.46B
+8.6% YoY
|
250.90B
247.60B – 254.20B
+10.9% YoY
|
314.08B
302.17B – 344.26B
+25.2% YoY
|
| EBITDA |
10.54B
est: 3.71B (+184.0%)
|
12.83B
est: 5.03B (+155.0%)
|
18.60B
est: 5.77B (+222.6%)
|
23.99B
est: 11.78B (+103.6%)
|
24.23B
est: 8.04B (+201.5%)
|
33.78B
est: 1.34B (+2,421.6%)
|
31.45B
est: 4.55B (+590.8%)
|
33.86B
est: 5.94B (+470.1%)
|
40.55B
est: 6.92B (+486.3%)
|
40.54B
est: 14.17B (+186.0%)
|
38.99B
est: 12.93B (+201.5%)
|
39.79B
est: 13.62B (+192.1%)
|
38.10B
est: 14.02B (+171.7%)
|
42.28B
est: 41.42B (+2.1%)
|
44.25B
est: 44.85B (-1.4%)
|
50.51B
48.47B – 53.97B
+12.6% YoY
|
54.45B
51.92B – 58.29B
+7.8% YoY
|
59.13B
57.37B – 66.25B
+8.6% YoY
|
65.58B
64.72B – 66.44B
+10.9% YoY
|
82.10B
78.98B – 89.98B
+25.2% YoY
|
| EBIT |
7.37B
est: 2.17B (+240.3%)
|
9.42B
est: 5.22B (+80.6%)
|
14.95B
est: 6.79B (+120.1%)
|
19.27B
est: 15.44B (+24.8%)
|
18.33B
est: 14.02B (+30.8%)
|
26.11B
est: 13.25B (+97.1%)
|
24.30B
est: 27.05B (-10.2%)
|
26.34B
est: 25.92B (+1.6%)
|
32.92B
est: 19.48B (+69.0%)
|
32.06B
est: 27.87B (+15.0%)
|
30.33B
est: 28.30B (+7.1%)
|
30.94B
est: 29.81B (+3.8%)
|
29.32B
est: 30.69B (-4.5%)
|
30.11B
est: 30.37B (-0.9%)
|
32.19B
est: 33.47B (-3.8%)
|
37.03B
35.54B – 39.57B
+10.7% YoY
|
39.92B
38.06B – 42.74B
+7.8% YoY
|
43.35B
42.07B – 48.57B
+8.6% YoY
|
48.08B
47.45B – 48.71B
+10.9% YoY
|
60.19B
57.91B – 65.97B
+25.2% YoY
|
| Net Income |
2.78B
est: 2.12B (+31.4%)
|
2.46B
est: 3.50B (-29.8%)
|
4.59B
est: 2.75B (+66.8%)
|
4.92B
est: 7.41B (-33.6%)
|
1.99B
est: 5.73B (-65.3%)
|
5.98B
est: 1.97B (+203.6%)
|
6.91B
est: 6.94B (-0.5%)
|
9.13B
est: 8.10B (+12.7%)
|
11.84B
est: 7.28B (+62.5%)
|
12.67B
est: 10.83B (+17.0%)
|
13.31B
est: 12.89B (+3.2%)
|
13.58B
est: 13.58B (+0.0%)
|
13.43B
est: 14.04B (-4.3%)
|
13.76B
est: 14.07B (-2.2%)
|
13.69B
est: 13.78B (-0.7%)
|
15.42B
14.42B – 16.55B
+11.9% YoY
|
17.42B
16.55B – 18.35B
+13.0% YoY
|
19.50B
18.38B – 21.37B
+12.0% YoY
|
22.79B
22.61B – 29.59B
+16.8% YoY
|
27.05B
25.72B – 30.43B
+18.7% YoY
|
| SGA |
106.30M
est: 12.04B (-99.1%)
|
118.10M
est: 7.71B (-98.5%)
|
16.09B
est: 11.52B (+39.7%)
|
35.15B
est: 21.09B (+66.7%)
|
30.83B
est: 44.54B (-30.8%)
|
32.85B
est: 30.26B (+8.6%)
|
8.73B
est: 39.90B (-78.1%)
|
9.99B
est: 11.33B (-11.8%)
|
10.64B
est: 8.85B (+20.2%)
|
11.41B
est: 10.54B (+8.2%)
|
10.88B
est: 12.22B (-10.9%)
|
10.95B
est: 12.87B (-14.9%)
|
12.08B
est: 13.25B (-8.8%)
|
12.33B
est: 13.77B (-10.4%)
|
12.46B
est: 14.45B (-13.8%)
|
16.79B
16.11B – 17.94B
+16.2% YoY
|
18.10B
17.26B – 19.38B
+7.8% YoY
|
19.66B
19.07B – 22.02B
+8.6% YoY
|
21.80B
21.51B – 22.09B
+10.9% YoY
|
27.29B
26.26B – 29.91B
+25.2% YoY
|
| EPS |
2.23
est: 26.58 (-91.6%)
|
1.97
est: 29.06 (-93.2%)
|
3.68
est: 26.84 (-86.3%)
|
3.94
est: 43.02 (-90.8%)
|
1.55
est: 3.28 (-52.7%)
|
4.51
est: 4.01 (+12.3%)
|
5.21
est: 4.27 (+22.0%)
|
6.88
est: 5.09 (+35.2%)
|
8.93
est: 6.93 (+28.9%)
|
9.56
est: 8.45 (+13.1%)
|
10.04
est: 10.17 (-1.3%)
|
10.25
est: 10.52 (-2.6%)
|
10.13
est: 10.50 (-3.6%)
|
10.38
est: 10.61 (-2.2%)
|
10.32
est: 10.66 (-3.2%)
|
11.79
10.87 – 12.48
+10.5% YoY
|
13.00
12.48 – 13.84
+10.3% YoY
|
14.58
13.86 – 16.12
+12.1% YoY
|
19.69
17.05 – 22.32
+35.0% YoY
|
20.40
19.39 – 22.95
+3.6% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | A- | 4/5 | 5/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-07 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-06 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-05 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-04 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-30 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-29 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-28 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-27 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-24 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
25.56B
OE per share TTM
19.26
Owner's Yield
10.45%
Maintenance CapEx ratio
141.03%
Maint CapEx / Avg PPE
161.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 3 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | WisdomTree India Earnings Fund EPI | 0.24% | 4.96M | 0.84% |
| 2 | WisdomTree Emerging Markets SmallCap Dividend Fund DGS | 0.23% | 4.10M | 0.58% |
| 3 | WisdomTree True Emerging Markets Fund XC | 0.03% | 24.6K | 0.32% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
3.90M
Shares Outstanding
1.33B
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Vineet Sikka | MD of Distribution & Additional Director | 25M | male |
| Rajarshi Banerjee | Chief Financial Officer & Executive Director | 20M | male |
| Gautam Ray | Executive Director of HR & Admin | — | male |
| Brajesh Singh | MD of Generation & Additional Director | — | male |
| Subir Verma | Executive Director & Chief Human Resources Officer | — | male |
| Jagdish Patra | Company Secretary & Compliance Officer | — | male |
| Gargi Chatterjea | Executive Director of Regulatory Affairs & Corporate Services | — | female |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for CESC.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
