CESC Ltd (CESC) AI Stock Analysis

• Market Cap: ₹213.02B
• Dividend Yield: 3.56%
• Average Volume (3M): 158.22K
• Price to Earnings (P/E): 19.5
• Beta (1Y): 1.23
• Revenue Growth: 10.58%
• EPS Growth: 2.69%
• Country: IN
• Employees: 6,087
• Sector: Utilities
• Sector Strength: 65
• Industry: Independent Power Producers
• EPS (TTM): 2.10
• Shares Outstanding: 1,325,570,400
• 10 Day Avg. Volume: 196,144
• 30 Day Avg. Volume: 158,224
• PEG Ratio: -25.65
• Price to Book (P/B): 1.69
• Price to Sales (P/S): 1.19
• P/FCF Ratio: 28.22
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 13.45
• Revenue Forecast (FY): ₹206.60B

• Rating: 73 Outperform
• Price Target: ₹179.00 ▲(3.20% Upside)
• Action: Upgraded Date: 10/30/25
• Date: Action: Upgraded 10/30/25

CESC Ltd's overall stock score is driven by strong financial performance and bullish technical indicators. The company's growth phase and stable financial health are significant strengths, while the fair valuation suggests moderate upside potential. The absence of earnings call data and corporate events did not impact the score.

Positive Factors

Regulated distribution

CESC's integrated generation plus licensed, regulated distribution creates predictable, tariff‑backed cash flows and allowed returns. That regulatory underpinning provides durable revenue visibility, supports network investment recovery, and reduces exposure to short‑term demand swings over the next 2–6 months.

Negative Factors

Moderate leverage

A debt-to-equity ratio near 1.5 and modest equity share imply meaningful leverage that raises interest and refinancing risks. Over a 2–6 month horizon, elevated leverage constrains financial flexibility for new projects and increases sensitivity to interest rate moves and cash flow shortfalls.

CESC Ltd Business Overview & Revenue Model

Company Description

CESC Limited, an integrated electrical utility company, engages in the generation and distribution of electricity in India. It owns and operates three thermal power plants, including Budge Budge, Southern, and Titagarh generating stations generati...

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CESC Limited, an integrated electrical utility company, engages in the generation and distribution of electricity in India. It owns and operates three thermal power plants, including Budge Budge, Southern, and Titagarh generating stations generati...

How the Company Makes Money

CESC primarily makes money by supplying electricity to customers in its licensed distribution areas and earning regulated returns for operating and maintaining the distribution network. Its key revenue streams typically include: (1) electricity sa...

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CESC primarily makes money by supplying electricity to customers in its licensed distribution areas and earning regulated returns for operating and maintaining the distribution network. Its key revenue streams typically include: (1) electricity sa...

CESC Ltd Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	179.07B	170.01B	152.93B	142.46B	125.44B	116.39B
Gross Profit	56.00B	53.94B	47.58B	45.52B	51.72B	51.95B
EBITDA	45.82B	44.25B	42.28B	38.10B	39.79B	38.99B
Net Income	14.50B	13.69B	13.76B	13.43B	13.58B	13.31B
Balance Sheet
Total Assets	431.85B	409.81B	371.68B	377.12B	374.93B	358.62B
Cash, Cash Equivalents and Short-Term Investments	46.01B	40.42B	25.90B	25.75B	32.30B	20.27B
Total Debt	188.11B	179.78B	145.44B	142.63B	149.61B	142.77B
Total Liabilities	298.54B	283.79B	251.82B	263.23B	266.63B	255.92B
Stockholders Equity	127.11B	120.09B	114.46B	109.10B	103.96B	98.73B
Cash Flow
Free Cash Flow	4.81B	7.19B	15.80B	12.83B	17.21B	21.23B
Operating Cash Flow	15.85B	25.82B	23.51B	19.78B	24.99B	28.06B
Investing Cash Flow	-7.79B	-30.13B	-5.64B	-5.45B	-5.75B	-14.89B
Financing Cash Flow	-360.00M	13.37B	-16.42B	-24.57B	-6.11B	-17.39B

CESC Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 173.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CESC, the sentiment is Positive. The current price of 173.45 is above the 20-day moving average (MA) of 154.59, above the 50-day MA of 153.73, and above the 200-day MA of 162.47, indicating a neutral trend. The MACD of 0.69 indicates Negative momentum. The RSI at 63.01 is Neutral, neither overbought nor oversold. The STOCH value of 81.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:CESC.

CESC Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TORNTPOWER	75 Outperform	₹743.13B	25.60	―	1.48%	-1.26%	27.83%
NTPC	73 Outperform	₹3.74T	14.56	―	2.66%	1.68%	7.60%
CESC	73 Outperform	₹213.02B	19.48	―	3.56%	10.58%	2.69%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
TATAPOWER	65 Neutral	₹1.31T	39.28	―	0.59%	4.06%	8.22%
JSWENERGY	64 Neutral	₹894.73B	50.05	―	0.41%	39.71%	1.33%
ADANIPOWER	62 Neutral	₹3.50T	27.80	―	―	-0.70%	-5.41%

CESC Ltd Corporate Events