CESC
FAIRLY_VALUEDCESC
Energy · NSE
↓ 0.7% vs fair value
52W Low
₹138
+11.5% from low
52W High
₹185
-16.9% from high
Valuation Gauge
Current Price
₹154
Fair Value
₹153
Fair Value Analysis
₹153
Based on balance sheet strength analysis and earnings multiple (EV/EBITDA) for Energy sector companies | Sector-cheap: P/E at 7th percentile vs sector peers. | CAUTION: ROCE declining (latest 9.5%) — returns on capital are falling; verify this isn't a value trap.
Balance Sheet Value
36% weight
EV/EBITDA Multiple
64% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Healthy
Profitability
ROE of 12.1% is above the Energy sector benchmark of 12% — strong returns
Debt & Leverage
D/E ratio of 1.4x is well within the Energy sector norm of 1.5x — strong balance sheet
Valuation vs Peers
P/E of 13.8x trades at a 61% discount to Energy sector median (35x) — attractively valued
Cash Flow
FCF margin of 4.2% — thin cash generation, watch capex trends
Earnings Growth
5yr EPS CAGR of 0.3% is well below Energy sector average of 12.6%
Dividend
Dividend yield of 3.9% provides strong shareholder returns (benchmark: 2.5%)
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-2.0%
Free cash flow / market cap
Revenue Growth (YoY)
+12.5%
Year-on-year revenue change
Profit Growth (YoY)
+7.8%
Year-on-year PAT change
Operating Cash Flow
₹2.6K Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹11.1
P/E Ratio
13.8x
P/B Ratio
1.7x
ROE
12.1%
ROCE
9.9%
Debt / Equity
1.41x
Beta
0.2
Div Yield
3.9%
FCF (Cr)
₹718 Cr
Revenue (Cr)
₹17,001 Cr
EPS Growth 5Y
0.3%
Mkt Cap (Cr)
₹20,314 Cr
52W High
₹185.3
52W Low
₹138.1
Book Value/Share
₹89.9
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹18.4K Cr | ₹3.5K Cr | 19.0% | ₹1.5K Cr | ₹11.11 |
| 2025-03-31 | ₹17.0K Cr | ₹2.8K Cr | 17.0% | ₹1.4K Cr | ₹10.33 |
| 2024-03-31 | ₹15.3K Cr | ₹2.3K Cr | 15.0% | ₹1.4K Cr | ₹10.38 |
| 2023-03-31 | ₹14.2K Cr | ₹2.3K Cr | 16.0% | ₹1.4K Cr | ₹10.13 |
| 2022-03-31 | ₹12.5K Cr | ₹3.0K Cr | 24.0% | ₹1.4K Cr | ₹10.25 |
| 2021-03-31 | ₹11.6K Cr | ₹3.3K Cr | 28.0% | ₹1.4K Cr | ₹10.04 |
| 2020-03-31 | ₹12.2K Cr | ₹3.3K Cr | 27.0% | ₹1.3K Cr | ₹9.56 |
| 2019-03-31 | ₹10.7K Cr | ₹2.9K Cr | 27.0% | ₹1.2K Cr | ₹8.93 |
| 2018-03-31 | ₹10.3K Cr | ₹3.0K Cr | 30.0% | ₹975 Cr | ₹6.88 |
| 2017-03-31 | ₹8.4K Cr | ₹2.9K Cr | 34.0% | ₹810 Cr | ₹5.21 |
| 2016-03-31 | ₹12.1K Cr | ₹3.3K Cr | 27.0% | ₹729 Cr | ₹4.51 |
| 2015-03-31 | ₹11.1K Cr | ₹2.0K Cr | 18.0% | ₹299 Cr | ₹1.50 |
| 2014-03-31 | ₹10.1K Cr | ₹1.7K Cr | 17.0% | ₹573 Cr | ₹3.94 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Energy| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
PTC India Limited | ₹164.9 | ₹760.6 | +78.3% | 5.8 | 6.4% | UNDERVALUED |
Jaiprakash Power Ventures Limited | ₹15.2 | ₹47.7 | +68.2% | 22.7 | 5.8% | UNDERVALUED |
Reliance Power Limited | ₹23.2 | ₹59.5 | +61.0% | 32.8 | 1.7% | FAIRLY_VALUED |
Adani Green Energy | ₹924 | ₹1,926.8 | +52.0% | 100 | 2.9% | FAIRLY_VALUED |
CESC | ₹154 | ₹152.9 | -0.7% | 13.8 | 12.1% | FAIRLY_VALUED |
NLC India Limited | ₹274 | ₹201.6 | -35.9% | 14.5 | 13.8% | OVERVALUED |
Power Grid Corporation | ₹295 | ₹211.6 | -39.4% | 18.6 | 15.9% | OVERVALUED |
Enviro Infra Engineers Limited | ₹167.4 | ₹118.1 | -41.7% | 14.1 | — | OVERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
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