NSE: CESC · BSE: 500084 · ISIN INE486A01021
CESC Limited stock analysis
CESC Limited ranks #2666 in the TickerSutra evidence-ranked universe with a score of 45/100 and 95% data confidence. The latest captured fundamentals show ROCE of 10.9%, quarterly sales growth of 5.4% and quarterly profit growth of 3.9%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Strong CFO/EBITDA of 1.12×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹12,544cr | ₹3,035cr | ₹1,404cr | 24.0% |
| 2023 | ₹14,246cr | ₹2,274cr | ₹1,397cr | 16.0% |
| 2024 | ₹15,293cr | ₹2,276cr | ₹1,447cr | 15.0% |
| 2025 | ₹17,001cr | ₹2,849cr | ₹1,429cr | 17.0% |
| 2026 | ₹18,570cr | ₹3,624cr | ₹1,618cr | 20.0% |
| TTM | ₹18,853cr | ₹3,478cr | ₹1,630cr | 18.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
CESC Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Positive CatalystGeneral UpdatesNSE · 25 Sept 2026CESC Limited has informed the Exchange about General Updates
RoutineCESC Ltd - 500084 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015BSE · 25 Sept 2026Intimation is attached
RoutineUpdatesNSE · 22 Sept 2026CESC Limited has informed the Exchange regarding 'Issue of Debt Securities'.
RoutineCESC Ltd - 500084 - Issue Of Debt SecuritiesBSE · 22 Sept 2026Details for the Issue of Debt Securities is attached
MANAGEMENT COMMENTARY
Signals from filed documents
Total expenses during the year increased by 5.2% from ` 16,841 crore in 2024-25 to ` 17,711 crore in 2025-26. Profit before taxes (PBT), after incorporating regulatory income grew by 18.8% from ` 1,783 crore in 2024-25 to ` 2,119 crore in 2025-26. Profit after taxes (PAT) for the year stood at ` 1,618 crore, compared to ` 1,429 crore in 2024-25.
The Conglomerate at a Glance About RPSG Group The RP-Sanjiv Goenka (RPSG) Group is one of India’s leading diversified business groups committed to creating sustainable long-term value for all its stakeholders. Built on a legacy spanning over a century, the Group combines entrepreneurial vision, strategic foresight and disciplined execution to drive growth, innovation and operational excellence across its diverse busi
• In performing the above procedures, we involved internal valuation specialists to perform an independent review of methodology and key assumptions used in the valuation. • We obtained suitable management representation on the projections of future cash flows and the various assumptions used in the valuation, as duly approved by the Board of Directors. • We tested the arithmetical accuracy of the financial projectio
It is therefore recommended to use stable Wi- Fi or LAN Connection to mitigate any kind of aforesaid glitches. (xiv) Institutional Investors who are Members of the Company, are encouraged to attend and vote in the AGM of the Company through VC/OAVM facility. Instructions for Voting through electronic means: Pursuant to the provisions of Section 108 of the Act, read with Rule 20 of the Companies (Management and Admini
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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