View DividendCESC 경영진경영진 기준 점검 1/4현재 CEO에 대한 정보가 충분하지 않습니다.핵심 정보 최고경영자n/a총 보수CEO 급여 비율n/aCEO 재임 기간no dataCEO 지분 보유율n/a경영진 평균 재임 기간2yrs이사회 평균 재임 기간2.2yrs최근 경영진 업데이트공지 • Jan 05CESC Limited Announces Cessation of Kush Singh as Head of the Power Sector, Effective from January 1, 2026CESC Limited informed that Mr. Kush Singh has ceased to be the Head of the Power Sector, from January 1, 2026, due to personal reasons.공지 • Aug 12CESC Limited, Annual General Meeting, Sep 11, 2025CESC Limited, Annual General Meeting, Sep 11, 2025, at 10:30 Indian Standard Time.Board Change • Nov 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Paras Chowdhary was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공지 • Oct 24CESC Limited Approves Appointment of Paras K Chowdhary as A Non-Executive Independent DirectorCESC Limited by Postal Ballot approved appointment of Mr. Paras K Chowdhary as a Non-Executive Independent Director.공지 • Aug 22CESC Limited Appoints Brajesh Singh and Vineet Sikka as DirectorsCESC Limited at its AGM held on August 21, 2024 appointed Brajesh Singh and Vineet Sikka as directors.공지 • Jul 26CESC Limited, Annual General Meeting, Aug 21, 2024CESC Limited, Annual General Meeting, Aug 21, 2024, at 10:30 Indian Standard Time.모든 업데이트 보기Recent updatesReported Earnings • May 07Full year 2026 earnings: EPS in line with expectations, revenues disappointFull year 2026 results: EPS: ₹11.63 (up from ₹10.33 in FY 2025). Revenue: ₹189.3b (up 11% from FY 2025). Net income: ₹15.4b (up 13% from FY 2025). Profit margin: 8.1% (in line with FY 2025). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Feb 07New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 0% Dividend yield: 3.9% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Dividend is not well covered by earnings (0% payout ratio).Reported Earnings • Feb 07Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: ₹2.15 (up from ₹1.99 in 3Q 2025). Revenue: ₹41.0b (up 15% from 3Q 2025). Net income: ₹2.85b (up 7.5% from 3Q 2025). Profit margin: 7.0% (down from 7.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 6.5%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.공지 • Jan 05CESC Limited Announces Cessation of Kush Singh as Head of the Power Sector, Effective from January 1, 2026CESC Limited informed that Mr. Kush Singh has ceased to be the Head of the Power Sector, from January 1, 2026, due to personal reasons.Upcoming Dividend • Oct 20Upcoming dividend of ₹6.00 per shareEligible shareholders must have bought the stock before 27 October 2025. Payment date: 16 November 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (2.3%).Reported Earnings • Oct 19Second quarter 2026 earnings released: EPS: ₹3.21 (vs ₹2.67 in 2Q 2025)Second quarter 2026 results: EPS: ₹3.21 (up from ₹2.67 in 2Q 2025). Revenue: ₹52.7b (up 12% from 2Q 2025). Net income: ₹4.25b (up 20% from 2Q 2025). Profit margin: 8.1% (up from 7.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.공지 • Aug 15+ 2 more updatesCESC Limited to Report Q2, 2026 Results on Nov 14, 2025CESC Limited announced that they will report Q2, 2026 results on Nov 14, 2025공지 • Aug 12CESC Limited, Annual General Meeting, Sep 11, 2025CESC Limited, Annual General Meeting, Sep 11, 2025, at 10:30 Indian Standard Time.Reported Earnings • Jul 31First quarter 2026 earnings released: EPS: ₹2.92 (vs ₹2.85 in 1Q 2025)First quarter 2026 results: EPS: ₹2.92 (up from ₹2.85 in 1Q 2025). Revenue: ₹52.9b (up 8.7% from 1Q 2025). Net income: ₹3.87b (up 2.4% from 1Q 2025). Profit margin: 7.3% (down from 7.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.공지 • Jul 23CESC Limited to Report Q1, 2026 Results on Jul 30, 2025CESC Limited announced that they will report Q1, 2026 results on Jul 30, 2025Reported Earnings • May 16Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹10.32 (down from ₹10.38 in FY 2024). Revenue: ₹173.8b (up 14% from FY 2024). Net income: ₹13.7b (flat on FY 2024). Profit margin: 7.9% (down from 9.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.공지 • May 16CESC Limited (NSEI:CESC) acquired Chandigarh Power Distribution LimitedCESC Limited (NSEI:CESC) acquired Chandigarh Power Distribution Limited on February 1, 2025. CESC Limited (NSEI:CESC) completed the acquisition of Chandigarh Power Distribution Limited on February 1, 2025.Reported Earnings • Jan 11Third quarter 2025 earnings released: EPS: ₹1.99 (vs ₹2.12 in 3Q 2024)Third quarter 2025 results: EPS: ₹1.99 (down from ₹2.12 in 3Q 2024). Revenue: ₹35.6b (up 9.8% from 3Q 2024). Net income: ₹2.65b (down 5.7% from 3Q 2024). Profit margin: 7.4% (down from 8.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.공지 • Jan 10CESC Limited Declares Interim DividendCESC Limited announced that at the board meeting held on January 10, 2025 the board has declared an interim dividend of INR 4.50/-per equity share (i.e., 450%) on the paid-up equity share capital of the Company payable to those members whose names appear in the Register of Members of the Company, or, will appear as beneficial owners at the close of the business on January 16, 2025, being the "Record Date" to ascertain the eligibility of members to receive the said interim dividend.공지 • Dec 30CESC Limited to Report Q3, 2025 Results on Jan 10, 2025CESC Limited announced that they will report Q3, 2025 results at 9:08 AM, Indian Standard Time on Jan 10, 2025Reported Earnings • Nov 13Second quarter 2025 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2025 results: EPS: ₹2.67 (up from ₹2.62 in 2Q 2024). Revenue: ₹47.7b (up 9.6% from 2Q 2024). Net income: ₹3.53b (up 1.4% from 2Q 2024). Profit margin: 7.4% (down from 8.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Nov 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Paras Chowdhary was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공지 • Oct 29CESC Limited to Report Q2, 2025 Results on Nov 12, 2024CESC Limited announced that they will report Q2, 2025 results on Nov 12, 2024공지 • Oct 24CESC Limited Approves Appointment of Paras K Chowdhary as A Non-Executive Independent DirectorCESC Limited by Postal Ballot approved appointment of Mr. Paras K Chowdhary as a Non-Executive Independent Director.공지 • Aug 22CESC Limited Appoints Brajesh Singh and Vineet Sikka as DirectorsCESC Limited at its AGM held on August 21, 2024 appointed Brajesh Singh and Vineet Sikka as directors.Price Target Changed • Aug 12Price target increased by 16% to ₹186Up from ₹160, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹179. Stock is up 128% over the past year. The company is forecast to post earnings per share of ₹12.04 for next year compared to ₹10.38 last year.공지 • Aug 02CESC Limited to Report Q1, 2025 Results on Aug 09, 2024CESC Limited announced that they will report Q1, 2025 results on Aug 09, 2024Reported Earnings • Jul 30Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹10.38 (up from ₹10.13 in FY 2023). Revenue: ₹152.9b (up 7.3% from FY 2023). Net income: ₹13.8b (up 2.5% from FY 2023). Profit margin: 9.0% (down from 9.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.공지 • Jul 26CESC Limited, Annual General Meeting, Aug 21, 2024CESC Limited, Annual General Meeting, Aug 21, 2024, at 10:30 Indian Standard Time.Buy Or Sell Opportunity • Jul 12Now 20% undervaluedOver the last 90 days, the stock has risen 32% to ₹187. The fair value is estimated to be ₹235, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹186, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 26x in the Electric Utilities industry in India. Total returns to shareholders of 152% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹235 per share.공지 • May 30CESC Limited Cessation of Rekha Sethi as Independent DirectorCESC Limited announced that Ms. Rekha Sethi (DIN: 06809515), has completed her second and final term as an Independent Director and consequently ceased to be an Independent Director of the Company w.e.f. the close of business hours on May 29, 2024. List of the Company's Directors & Key Managerial Personnel with effect from May 30, 2024: 1. Dr. Sanjiv Goenka, Chairman, 2. Mr. Shashwat Goenka, 3. Mr. Pradip Kumar Khaitan, 4. Mr. Arjun Kumar, Independent Director, 5. Mr. Pratip Chaudhuri, Independent Director, 6. Mr. Debanjan Mandal, Independent Director, 7. Ms. Kusum Dadoo, Independent Director, 8. Mr. Sunil Mitra, Independent Director, 9. Mr. Vineet Sikka, Managing Director (Distribution), 10. Mr. Brajesh Singh, Managing Director (Generation), 11. Mr. Rajarshi Banerjee, Chief Financial Officer and 12. Mr. Jagdish Patra, Company Secretary.공지 • May 24CESC Limited Announces Board Resignations, Effective May 27, 2024CESC Limited at its AGM held on May 23, 2024, announced, that the office of Mr. Rabi Chowdhury and Mr. Debasish Banerjee, shall cease upon completion of their term as Managing Director (Generation) and Managing Director (Distribution) respectively with effect from May 27, 2024. Both Mr. Chowdhury and Mr. Banerjee shall also cease to be the Directors of the company from the said date. The Company places on record its appreciation for the contribution made by them during their tenure with the Company.공지 • May 17CESC Limited to Report Q4, 2024 Results on May 23, 2024CESC Limited announced that they will report Q4, 2024 results on May 23, 2024공지 • Mar 13CESC Limited Appoints Mr. Arjun Kumar as Non-Executive Independent DirectorCESC Limited approved appointment of Mr. Arjun Kumar as Non-Executive Independent Director.Upcoming Dividend • Jan 25Upcoming dividend of ₹4.50 per share at 3.4% yieldEligible shareholders must have bought the stock before 01 February 2024. Payment date: 18 February 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (3.0%).Price Target Changed • Jan 23Price target increased by 12% to ₹147Up from ₹131, the current price target is an average from 10 analysts. New target price is 13% above last closing price of ₹131. Stock is up 77% over the past year. The company is forecast to post earnings per share of ₹10.87 for next year compared to ₹10.13 last year.Reported Earnings • Jan 20Third quarter 2024 earnings released: EPS: ₹2.12 (vs ₹2.40 in 3Q 2023)Third quarter 2024 results: EPS: ₹2.12 (down from ₹2.40 in 3Q 2023). Revenue: ₹33.0b (up 5.5% from 3Q 2023). Net income: ₹2.81b (down 12% from 3Q 2023). Profit margin: 8.5% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.공지 • Jan 19CESC Limited Declares Interim DividendThe board of directors of CESC Limited at its meeting held on January 19, 2024, has declared an interim dividend @ INR 4.50/- per equity share (i.e., 450%) on the paid-up equity share capital of the Company payable to those members whose names appear in the Register of Members of the Company, or, will appear as beneficial owners (as per particulars furnished by the Depositories viz., National Securities Depository Limited and Central Depository Services (India) Limited) at the close of the business on February 1, 2024, being the "Record Date" to ascertain the eligibility of members to receive the said interim dividend.공지 • Jan 11CESC Limited to Report Q3, 2024 Results on Jan 19, 2024CESC Limited announced that they will report Q3, 2024 results at 12:08 PM, Indian Standard Time on Jan 19, 2024Price Target Changed • Dec 20Price target increased by 11% to ₹112Up from ₹101, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹115. Stock is up 45% over the past year. The company is forecast to post earnings per share of ₹11.08 for next year compared to ₹10.13 last year.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹117, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Electric Utilities industry in India. Total returns to shareholders of 125% over the past three years.Reported Earnings • Nov 09Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: ₹2.62 (up from ₹2.30 in 2Q 2023). Revenue: ₹44.1b (up 13% from 2Q 2023). Net income: ₹3.48b (up 14% from 2Q 2023). Profit margin: 7.9% (up from 7.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 4.8%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.공지 • Oct 31CESC Limited to Report Q2, 2024 Results on Nov 08, 2023CESC Limited announced that they will report Q2, 2024 results on Nov 08, 2023공지 • Jul 29CESC Limited to Report Q1, 2024 Results on Aug 04, 2023CESC Limited announced that they will report Q1, 2024 results on Aug 04, 2023Reported Earnings • Jul 13Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹10.13 (down from ₹10.25 in FY 2022). Revenue: ₹142.5b (up 14% from FY 2022). Net income: ₹13.4b (down 1.1% from FY 2022). Profit margin: 9.4% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year.공지 • Jul 06CESC Limited, Annual General Meeting, Aug 04, 2023CESC Limited, Annual General Meeting, Aug 04, 2023, at 10:30 Indian Standard Time.Reported Earnings • May 23Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹10.13 (down from ₹10.25 in FY 2022). Revenue: ₹145.6b (up 16% from FY 2022). Net income: ₹13.4b (down 1.1% from FY 2022). Profit margin: 9.2% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Feb 17Upcoming dividend of ₹4.50 per share at 5.8% yieldEligible shareholders must have bought the stock before 24 February 2023. Payment date: 16 March 2023. Trailing yield: 5.8%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (4.3%).Reported Earnings • Feb 15Third quarter 2023 earnings released: EPS: ₹2.40 (vs ₹2.48 in 3Q 2022)Third quarter 2023 results: EPS: ₹2.40 (down from ₹2.48 in 3Q 2022). Revenue: ₹32.2b (up 14% from 3Q 2022). Net income: ₹3.19b (down 3.0% from 3Q 2022). Profit margin: 9.9% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Additional Non-Executive Independent Director Debanjan Mandal was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹2.30 (vs ₹2.53 in 2Q 2022)Second quarter 2023 results: EPS: ₹2.30 (down from ₹2.53 in 2Q 2022). Revenue: ₹39.8b (up 14% from 2Q 2022). Net income: ₹3.05b (down 9.0% from 2Q 2022). Profit margin: 7.7% (down from 9.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: ₹2.16 (vs ₹2.04 in 1Q 2022)First quarter 2023 results: EPS: ₹2.16 (up from ₹2.04 in 1Q 2022). Revenue: ₹41.5b (up 29% from 1Q 2022). Net income: ₹2.86b (up 5.5% from 1Q 2022). Profit margin: 6.9% (down from 8.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.6%, compared to a 5.9% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.Reported Earnings • Jul 07Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹10.25 (up from ₹10.04 in FY 2021). Revenue: ₹125.4b (up 7.8% from FY 2021). Net income: ₹13.6b (up 2.0% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 8.6%, compared to a 11% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공지 • Jul 06+ 1 more updateCESC Limited to Report Q4, 2023 Results on May 30, 2023CESC Limited announced that they will report Q4, 2023 results on May 30, 2023Reported Earnings • May 14Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹10.25 (up from ₹10.04 in FY 2021). Revenue: ₹128.2b (up 10% from FY 2021). Net income: ₹13.6b (up 2.1% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 6.1%, compared to a 10% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.Price Target Changed • Feb 03Price target increased to ₹105Up from ₹94.54, the current price target is an average from 12 analysts. New target price is 24% above last closing price of ₹84.40. Stock is up 37% over the past year. The company is forecast to post earnings per share of ₹10.63 for next year compared to ₹10.04 last year.Upcoming Dividend • Jan 17Upcoming dividend of ₹4.50 per shareEligible shareholders must have bought the stock before 24 January 2022. Payment date: 12 February 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (3.6%).Reported Earnings • Jan 14Third quarter 2022 earnings: Revenues miss analyst expectationsThird quarter 2022 results: Revenue: ₹29.5b (up 16% from 3Q 2021). Net income: ₹3.29b (up 1.5% from 3Q 2021). Profit margin: 11% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 6.0%, compared to a 11% growth forecast for the industry in India.Reported Earnings • Nov 12Second quarter 2022 earnings released: EPS ₹2.53 (vs ₹2.79 in 2Q 2021)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹35.3b (up 18% from 2Q 2021). Net income: ₹3.35b (down 9.5% from 2Q 2021). Profit margin: 9.5% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses.Price Target Changed • Sep 24Price target decreased to ₹86.15Down from ₹92.70, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹84.10. Stock is up 33% over the past year.Reported Earnings • Jul 25Full year 2021 earnings released: EPS ₹100 (vs ₹95.59 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹116.4b (down 4.3% from FY 2020). Net income: ₹13.3b (up 5.0% from FY 2020). Profit margin: 11% (up from 10% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Price Target Changed • Jul 01Price target increased to ₹878Up from ₹819, the current price target is an average from 12 analysts. New target price is 14% above last closing price of ₹770. Stock is up 20% over the past year.Reported Earnings • Jun 18Full year 2021 earnings released: EPS ₹100 (vs ₹98.23 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: ₹118.7b (up 7.8% from FY 2020). Net income: ₹13.3b (up 2.2% from FY 2020). Profit margin: 11% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Jan 14Third quarter 2021 earnings released: EPS ₹24.43The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹25.4b (up 8.3% from 3Q 2020). Net income: ₹3.24b (up 21% from 3Q 2020). Profit margin: 13% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Jan 12New 90-day high: ₹662The company is up 14% from its price of ₹583 on 14 October 2020. The Indian market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹2,097 per share.공지 • Jan 07CESC Limited to Report Q3, 2021 Results on Jan 13, 2021CESC Limited announced that they will report Q3, 2021 results on Jan 13, 2021Reported Earnings • Nov 09Second quarter 2021 earnings released: EPS ₹27.91The company reported a decent second quarter result with improved earnings, although revenues and profit margins were flat. Second quarter 2021 results: Revenue: ₹30.1b (flat on 2Q 2020). Net income: ₹3.70b (up 1.6% from 2Q 2020). Profit margin: 12% (in line with 2Q 2020).Analyst Estimate Surprise Post Earnings • Nov 09Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 9.7%. Earnings per share (EPS) also surpassed analyst estimates by 6.6%. Over the next year, revenue is forecast to grow 13%, compared to a 9.2% growth forecast for the Electric Utilities industry in India.공지 • Jul 17+ 1 more updateCESC Limited to Report Q1, 2021 Results on Aug 14, 2020CESC Limited announced that they will report Q1, 2021 results on Aug 14, 2020공지 • Jun 30CESC Limited to Report Q4, 2020 Results on Jun 29, 2020CESC Limited announced that they will report Q4, 2020 results on Jun 29, 2020CEOCESC에는 CEO가 없거나 해당 데이터가 없습니다.리더십 팀이름직위재임 기간보수지분Vineet SikkaMD of Distribution & Additional Director2yrs₹24.50m데이터 없음Rajarshi BanerjeeCFO & Executive Directorno data₹19.60m데이터 없음Gautam RayExecutive Director of HR & Adminno data데이터 없음데이터 없음Jagdish PatraCompany Secretary & Compliance Officer5yrs데이터 없음데이터 없음Subir VermaExecutive Director & Chief Human Resources Officer2yrs데이터 없음데이터 없음Brajesh SinghMD of Generation & Additional Director2yrs데이터 없음데이터 없음Gargi ChatterjeaExecutive Director of Regulatory Affairs & Corporate Servicesno data데이터 없음데이터 없음더 보기2.0yrs평균 재임 기간경험이 풍부한 관리: 500084의 경영진은 경험이 있음으로 간주됩니다(평균 재임 2 년).이사회 구성원이름직위재임 기간보수지분Vineet SikkaMD of Distribution & Additional Director2yrs₹24.50m데이터 없음Brajesh SinghMD of Generation & Additional Director2yrs데이터 없음데이터 없음Sanjiv GoenkaNon-Executive Non-Independent Chairman37.1yrs₹1.70m0.13% ₹ 318.7mPradip KhaitanNon-Executive Non Independent Director33.6yrs₹500.00k데이터 없음Paras ChowdharyNon-Executive Independent Director1.6yrs₹1.00m데이터 없음Debanjan MandalNon-Executive Independent Director5yrs₹800.00k데이터 없음Umang KanoriaIndependent Directorless than a year데이터 없음데이터 없음Arjun KumarNon-Executive Independent Director2.3yrs₹1.70m데이터 없음Shashwat GoenkaNon-Executive Vice Chairman of the Board6.5yrs₹500.00k0.084% ₹ 205.5mKusum DadooIndependent Non-Executive Director2yrs₹1.00m데이터 없음더 보기2.2yrs평균 재임 기간62yo평균 나이경험이 풍부한 이사회: 500084의 이사회는 경험이 부족한 것으로 간주됩니다(평균 재임 2.2 년) — 신규 이사회일 가능성이 있습니다.View Ownership기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 09:09종가2026/05/08 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스CESC Limited는 30명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Rajesh Majumdar360 ONE Capital Market Private Limitednull nullAntique Stockbroking Ltd.Bharanidhar VijayakumarAvendus Spark27명의 분석가 더 보기
공지 • Jan 05CESC Limited Announces Cessation of Kush Singh as Head of the Power Sector, Effective from January 1, 2026CESC Limited informed that Mr. Kush Singh has ceased to be the Head of the Power Sector, from January 1, 2026, due to personal reasons.
공지 • Aug 12CESC Limited, Annual General Meeting, Sep 11, 2025CESC Limited, Annual General Meeting, Sep 11, 2025, at 10:30 Indian Standard Time.
Board Change • Nov 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Paras Chowdhary was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공지 • Oct 24CESC Limited Approves Appointment of Paras K Chowdhary as A Non-Executive Independent DirectorCESC Limited by Postal Ballot approved appointment of Mr. Paras K Chowdhary as a Non-Executive Independent Director.
공지 • Aug 22CESC Limited Appoints Brajesh Singh and Vineet Sikka as DirectorsCESC Limited at its AGM held on August 21, 2024 appointed Brajesh Singh and Vineet Sikka as directors.
공지 • Jul 26CESC Limited, Annual General Meeting, Aug 21, 2024CESC Limited, Annual General Meeting, Aug 21, 2024, at 10:30 Indian Standard Time.
Reported Earnings • May 07Full year 2026 earnings: EPS in line with expectations, revenues disappointFull year 2026 results: EPS: ₹11.63 (up from ₹10.33 in FY 2025). Revenue: ₹189.3b (up 11% from FY 2025). Net income: ₹15.4b (up 13% from FY 2025). Profit margin: 8.1% (in line with FY 2025). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Feb 07New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 0% Dividend yield: 3.9% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Dividend is not well covered by earnings (0% payout ratio).
Reported Earnings • Feb 07Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: ₹2.15 (up from ₹1.99 in 3Q 2025). Revenue: ₹41.0b (up 15% from 3Q 2025). Net income: ₹2.85b (up 7.5% from 3Q 2025). Profit margin: 7.0% (down from 7.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 6.5%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Jan 05CESC Limited Announces Cessation of Kush Singh as Head of the Power Sector, Effective from January 1, 2026CESC Limited informed that Mr. Kush Singh has ceased to be the Head of the Power Sector, from January 1, 2026, due to personal reasons.
Upcoming Dividend • Oct 20Upcoming dividend of ₹6.00 per shareEligible shareholders must have bought the stock before 27 October 2025. Payment date: 16 November 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (2.3%).
Reported Earnings • Oct 19Second quarter 2026 earnings released: EPS: ₹3.21 (vs ₹2.67 in 2Q 2025)Second quarter 2026 results: EPS: ₹3.21 (up from ₹2.67 in 2Q 2025). Revenue: ₹52.7b (up 12% from 2Q 2025). Net income: ₹4.25b (up 20% from 2Q 2025). Profit margin: 8.1% (up from 7.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Aug 15+ 2 more updatesCESC Limited to Report Q2, 2026 Results on Nov 14, 2025CESC Limited announced that they will report Q2, 2026 results on Nov 14, 2025
공지 • Aug 12CESC Limited, Annual General Meeting, Sep 11, 2025CESC Limited, Annual General Meeting, Sep 11, 2025, at 10:30 Indian Standard Time.
Reported Earnings • Jul 31First quarter 2026 earnings released: EPS: ₹2.92 (vs ₹2.85 in 1Q 2025)First quarter 2026 results: EPS: ₹2.92 (up from ₹2.85 in 1Q 2025). Revenue: ₹52.9b (up 8.7% from 1Q 2025). Net income: ₹3.87b (up 2.4% from 1Q 2025). Profit margin: 7.3% (down from 7.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Jul 23CESC Limited to Report Q1, 2026 Results on Jul 30, 2025CESC Limited announced that they will report Q1, 2026 results on Jul 30, 2025
Reported Earnings • May 16Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹10.32 (down from ₹10.38 in FY 2024). Revenue: ₹173.8b (up 14% from FY 2024). Net income: ₹13.7b (flat on FY 2024). Profit margin: 7.9% (down from 9.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
공지 • May 16CESC Limited (NSEI:CESC) acquired Chandigarh Power Distribution LimitedCESC Limited (NSEI:CESC) acquired Chandigarh Power Distribution Limited on February 1, 2025. CESC Limited (NSEI:CESC) completed the acquisition of Chandigarh Power Distribution Limited on February 1, 2025.
Reported Earnings • Jan 11Third quarter 2025 earnings released: EPS: ₹1.99 (vs ₹2.12 in 3Q 2024)Third quarter 2025 results: EPS: ₹1.99 (down from ₹2.12 in 3Q 2024). Revenue: ₹35.6b (up 9.8% from 3Q 2024). Net income: ₹2.65b (down 5.7% from 3Q 2024). Profit margin: 7.4% (down from 8.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Jan 10CESC Limited Declares Interim DividendCESC Limited announced that at the board meeting held on January 10, 2025 the board has declared an interim dividend of INR 4.50/-per equity share (i.e., 450%) on the paid-up equity share capital of the Company payable to those members whose names appear in the Register of Members of the Company, or, will appear as beneficial owners at the close of the business on January 16, 2025, being the "Record Date" to ascertain the eligibility of members to receive the said interim dividend.
공지 • Dec 30CESC Limited to Report Q3, 2025 Results on Jan 10, 2025CESC Limited announced that they will report Q3, 2025 results at 9:08 AM, Indian Standard Time on Jan 10, 2025
Reported Earnings • Nov 13Second quarter 2025 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2025 results: EPS: ₹2.67 (up from ₹2.62 in 2Q 2024). Revenue: ₹47.7b (up 9.6% from 2Q 2024). Net income: ₹3.53b (up 1.4% from 2Q 2024). Profit margin: 7.4% (down from 8.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Nov 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Paras Chowdhary was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공지 • Oct 29CESC Limited to Report Q2, 2025 Results on Nov 12, 2024CESC Limited announced that they will report Q2, 2025 results on Nov 12, 2024
공지 • Oct 24CESC Limited Approves Appointment of Paras K Chowdhary as A Non-Executive Independent DirectorCESC Limited by Postal Ballot approved appointment of Mr. Paras K Chowdhary as a Non-Executive Independent Director.
공지 • Aug 22CESC Limited Appoints Brajesh Singh and Vineet Sikka as DirectorsCESC Limited at its AGM held on August 21, 2024 appointed Brajesh Singh and Vineet Sikka as directors.
Price Target Changed • Aug 12Price target increased by 16% to ₹186Up from ₹160, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹179. Stock is up 128% over the past year. The company is forecast to post earnings per share of ₹12.04 for next year compared to ₹10.38 last year.
공지 • Aug 02CESC Limited to Report Q1, 2025 Results on Aug 09, 2024CESC Limited announced that they will report Q1, 2025 results on Aug 09, 2024
Reported Earnings • Jul 30Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹10.38 (up from ₹10.13 in FY 2023). Revenue: ₹152.9b (up 7.3% from FY 2023). Net income: ₹13.8b (up 2.5% from FY 2023). Profit margin: 9.0% (down from 9.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Jul 26CESC Limited, Annual General Meeting, Aug 21, 2024CESC Limited, Annual General Meeting, Aug 21, 2024, at 10:30 Indian Standard Time.
Buy Or Sell Opportunity • Jul 12Now 20% undervaluedOver the last 90 days, the stock has risen 32% to ₹187. The fair value is estimated to be ₹235, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹186, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 26x in the Electric Utilities industry in India. Total returns to shareholders of 152% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹235 per share.
공지 • May 30CESC Limited Cessation of Rekha Sethi as Independent DirectorCESC Limited announced that Ms. Rekha Sethi (DIN: 06809515), has completed her second and final term as an Independent Director and consequently ceased to be an Independent Director of the Company w.e.f. the close of business hours on May 29, 2024. List of the Company's Directors & Key Managerial Personnel with effect from May 30, 2024: 1. Dr. Sanjiv Goenka, Chairman, 2. Mr. Shashwat Goenka, 3. Mr. Pradip Kumar Khaitan, 4. Mr. Arjun Kumar, Independent Director, 5. Mr. Pratip Chaudhuri, Independent Director, 6. Mr. Debanjan Mandal, Independent Director, 7. Ms. Kusum Dadoo, Independent Director, 8. Mr. Sunil Mitra, Independent Director, 9. Mr. Vineet Sikka, Managing Director (Distribution), 10. Mr. Brajesh Singh, Managing Director (Generation), 11. Mr. Rajarshi Banerjee, Chief Financial Officer and 12. Mr. Jagdish Patra, Company Secretary.
공지 • May 24CESC Limited Announces Board Resignations, Effective May 27, 2024CESC Limited at its AGM held on May 23, 2024, announced, that the office of Mr. Rabi Chowdhury and Mr. Debasish Banerjee, shall cease upon completion of their term as Managing Director (Generation) and Managing Director (Distribution) respectively with effect from May 27, 2024. Both Mr. Chowdhury and Mr. Banerjee shall also cease to be the Directors of the company from the said date. The Company places on record its appreciation for the contribution made by them during their tenure with the Company.
공지 • May 17CESC Limited to Report Q4, 2024 Results on May 23, 2024CESC Limited announced that they will report Q4, 2024 results on May 23, 2024
공지 • Mar 13CESC Limited Appoints Mr. Arjun Kumar as Non-Executive Independent DirectorCESC Limited approved appointment of Mr. Arjun Kumar as Non-Executive Independent Director.
Upcoming Dividend • Jan 25Upcoming dividend of ₹4.50 per share at 3.4% yieldEligible shareholders must have bought the stock before 01 February 2024. Payment date: 18 February 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (3.0%).
Price Target Changed • Jan 23Price target increased by 12% to ₹147Up from ₹131, the current price target is an average from 10 analysts. New target price is 13% above last closing price of ₹131. Stock is up 77% over the past year. The company is forecast to post earnings per share of ₹10.87 for next year compared to ₹10.13 last year.
Reported Earnings • Jan 20Third quarter 2024 earnings released: EPS: ₹2.12 (vs ₹2.40 in 3Q 2023)Third quarter 2024 results: EPS: ₹2.12 (down from ₹2.40 in 3Q 2023). Revenue: ₹33.0b (up 5.5% from 3Q 2023). Net income: ₹2.81b (down 12% from 3Q 2023). Profit margin: 8.5% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Jan 19CESC Limited Declares Interim DividendThe board of directors of CESC Limited at its meeting held on January 19, 2024, has declared an interim dividend @ INR 4.50/- per equity share (i.e., 450%) on the paid-up equity share capital of the Company payable to those members whose names appear in the Register of Members of the Company, or, will appear as beneficial owners (as per particulars furnished by the Depositories viz., National Securities Depository Limited and Central Depository Services (India) Limited) at the close of the business on February 1, 2024, being the "Record Date" to ascertain the eligibility of members to receive the said interim dividend.
공지 • Jan 11CESC Limited to Report Q3, 2024 Results on Jan 19, 2024CESC Limited announced that they will report Q3, 2024 results at 12:08 PM, Indian Standard Time on Jan 19, 2024
Price Target Changed • Dec 20Price target increased by 11% to ₹112Up from ₹101, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹115. Stock is up 45% over the past year. The company is forecast to post earnings per share of ₹11.08 for next year compared to ₹10.13 last year.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹117, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Electric Utilities industry in India. Total returns to shareholders of 125% over the past three years.
Reported Earnings • Nov 09Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: ₹2.62 (up from ₹2.30 in 2Q 2023). Revenue: ₹44.1b (up 13% from 2Q 2023). Net income: ₹3.48b (up 14% from 2Q 2023). Profit margin: 7.9% (up from 7.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 4.8%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Oct 31CESC Limited to Report Q2, 2024 Results on Nov 08, 2023CESC Limited announced that they will report Q2, 2024 results on Nov 08, 2023
공지 • Jul 29CESC Limited to Report Q1, 2024 Results on Aug 04, 2023CESC Limited announced that they will report Q1, 2024 results on Aug 04, 2023
Reported Earnings • Jul 13Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹10.13 (down from ₹10.25 in FY 2022). Revenue: ₹142.5b (up 14% from FY 2022). Net income: ₹13.4b (down 1.1% from FY 2022). Profit margin: 9.4% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year.
공지 • Jul 06CESC Limited, Annual General Meeting, Aug 04, 2023CESC Limited, Annual General Meeting, Aug 04, 2023, at 10:30 Indian Standard Time.
Reported Earnings • May 23Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹10.13 (down from ₹10.25 in FY 2022). Revenue: ₹145.6b (up 16% from FY 2022). Net income: ₹13.4b (down 1.1% from FY 2022). Profit margin: 9.2% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Feb 17Upcoming dividend of ₹4.50 per share at 5.8% yieldEligible shareholders must have bought the stock before 24 February 2023. Payment date: 16 March 2023. Trailing yield: 5.8%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (4.3%).
Reported Earnings • Feb 15Third quarter 2023 earnings released: EPS: ₹2.40 (vs ₹2.48 in 3Q 2022)Third quarter 2023 results: EPS: ₹2.40 (down from ₹2.48 in 3Q 2022). Revenue: ₹32.2b (up 14% from 3Q 2022). Net income: ₹3.19b (down 3.0% from 3Q 2022). Profit margin: 9.9% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.
Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Additional Non-Executive Independent Director Debanjan Mandal was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹2.30 (vs ₹2.53 in 2Q 2022)Second quarter 2023 results: EPS: ₹2.30 (down from ₹2.53 in 2Q 2022). Revenue: ₹39.8b (up 14% from 2Q 2022). Net income: ₹3.05b (down 9.0% from 2Q 2022). Profit margin: 7.7% (down from 9.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: ₹2.16 (vs ₹2.04 in 1Q 2022)First quarter 2023 results: EPS: ₹2.16 (up from ₹2.04 in 1Q 2022). Revenue: ₹41.5b (up 29% from 1Q 2022). Net income: ₹2.86b (up 5.5% from 1Q 2022). Profit margin: 6.9% (down from 8.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.6%, compared to a 5.9% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.
Reported Earnings • Jul 07Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹10.25 (up from ₹10.04 in FY 2021). Revenue: ₹125.4b (up 7.8% from FY 2021). Net income: ₹13.6b (up 2.0% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 8.6%, compared to a 11% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공지 • Jul 06+ 1 more updateCESC Limited to Report Q4, 2023 Results on May 30, 2023CESC Limited announced that they will report Q4, 2023 results on May 30, 2023
Reported Earnings • May 14Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹10.25 (up from ₹10.04 in FY 2021). Revenue: ₹128.2b (up 10% from FY 2021). Net income: ₹13.6b (up 2.1% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 6.1%, compared to a 10% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.
Price Target Changed • Feb 03Price target increased to ₹105Up from ₹94.54, the current price target is an average from 12 analysts. New target price is 24% above last closing price of ₹84.40. Stock is up 37% over the past year. The company is forecast to post earnings per share of ₹10.63 for next year compared to ₹10.04 last year.
Upcoming Dividend • Jan 17Upcoming dividend of ₹4.50 per shareEligible shareholders must have bought the stock before 24 January 2022. Payment date: 12 February 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (3.6%).
Reported Earnings • Jan 14Third quarter 2022 earnings: Revenues miss analyst expectationsThird quarter 2022 results: Revenue: ₹29.5b (up 16% from 3Q 2021). Net income: ₹3.29b (up 1.5% from 3Q 2021). Profit margin: 11% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 6.0%, compared to a 11% growth forecast for the industry in India.
Reported Earnings • Nov 12Second quarter 2022 earnings released: EPS ₹2.53 (vs ₹2.79 in 2Q 2021)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹35.3b (up 18% from 2Q 2021). Net income: ₹3.35b (down 9.5% from 2Q 2021). Profit margin: 9.5% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses.
Price Target Changed • Sep 24Price target decreased to ₹86.15Down from ₹92.70, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹84.10. Stock is up 33% over the past year.
Reported Earnings • Jul 25Full year 2021 earnings released: EPS ₹100 (vs ₹95.59 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹116.4b (down 4.3% from FY 2020). Net income: ₹13.3b (up 5.0% from FY 2020). Profit margin: 11% (up from 10% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Price Target Changed • Jul 01Price target increased to ₹878Up from ₹819, the current price target is an average from 12 analysts. New target price is 14% above last closing price of ₹770. Stock is up 20% over the past year.
Reported Earnings • Jun 18Full year 2021 earnings released: EPS ₹100 (vs ₹98.23 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: ₹118.7b (up 7.8% from FY 2020). Net income: ₹13.3b (up 2.2% from FY 2020). Profit margin: 11% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Jan 14Third quarter 2021 earnings released: EPS ₹24.43The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹25.4b (up 8.3% from 3Q 2020). Net income: ₹3.24b (up 21% from 3Q 2020). Profit margin: 13% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Jan 12New 90-day high: ₹662The company is up 14% from its price of ₹583 on 14 October 2020. The Indian market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹2,097 per share.
공지 • Jan 07CESC Limited to Report Q3, 2021 Results on Jan 13, 2021CESC Limited announced that they will report Q3, 2021 results on Jan 13, 2021
Reported Earnings • Nov 09Second quarter 2021 earnings released: EPS ₹27.91The company reported a decent second quarter result with improved earnings, although revenues and profit margins were flat. Second quarter 2021 results: Revenue: ₹30.1b (flat on 2Q 2020). Net income: ₹3.70b (up 1.6% from 2Q 2020). Profit margin: 12% (in line with 2Q 2020).
Analyst Estimate Surprise Post Earnings • Nov 09Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 9.7%. Earnings per share (EPS) also surpassed analyst estimates by 6.6%. Over the next year, revenue is forecast to grow 13%, compared to a 9.2% growth forecast for the Electric Utilities industry in India.
공지 • Jul 17+ 1 more updateCESC Limited to Report Q1, 2021 Results on Aug 14, 2020CESC Limited announced that they will report Q1, 2021 results on Aug 14, 2020
공지 • Jun 30CESC Limited to Report Q4, 2020 Results on Jun 29, 2020CESC Limited announced that they will report Q4, 2020 results on Jun 29, 2020