CESC
170.41
-4.55(-2.60%)
Market Cap₹22,589.00 Cr
PE Ratio15.64
IndustryPower
Company Performance:
1D-2.60%
1M+2.09%
6M+7.75%
1Y-11.69%
5Y+199.54%
View Company Insightsright
More news about CESC
30Jul 25
CESC Reports 2.4% Rise in Q1 Net Profit, Revenue Grows 7%
CESC Limited's Q1 FY2025-26 results show a 2.4% increase in consolidated net profit to ₹3.87 billion. Revenue grew by 7.0% to ₹52.02 billion, while EBITDA rose 3.0% to ₹10.92 billion. EBITDA margin slightly decreased to 20.99%. The company implemented Fuel and Power Purchase Adjustment Surcharge from June 2024. Managing Director Vineet Sikka emphasized the company's resilience and growth in a dynamic market. CESC continues to navigate regulatory challenges, having filed appeals against certain orders.
04Jun 25
CESC's Subsidiary Secures Major Wind Turbine Supply Contract
Purvadhar Green Power, associated with CESC Limited, has finalized a contract for the supply of 1.00 GW of wind turbines. This significant deal marks CESC's expansion in the renewable energy sector, aligning with India's push for clean energy adoption. The contract is expected to boost CESC's green energy capabilities and market position in the wind energy market, though specific financial details were not disclosed.
15May 25
CESC Reports Mixed Q4 Results: Profit Dips, Revenue Rises, EBITDA Surges
CESC reported mixed Q4 FY24 results with revenue increasing 14.5% to ₹3,877.00 crore and EBITDA nearly doubling to ₹812.00 crore. However, net profit declined 7.2% to ₹385.00 crore. EBITDA margin expanded to 20.94%, showing improved operational efficiency. The company's shares were trading 1.73% lower at ₹164.90 on BSE following the announcement.
29Apr 25
CESC Inks 25-Year Power Purchase Agreement for 300 MW Wind-Solar Hybrid Project
CESC Limited has entered into a 25-year Power Purchase Agreement with its subsidiary, Bhojraj Renewables Energy Private Limited, for a 300 MW wind-solar hybrid power project. The agreement sets a tariff of Rs. 3.81 per kWh and is subject to approval from the West Bengal Electricity Regulatory Commission. This move significantly expands CESC's renewable energy portfolio and aligns with India's clean energy transition.
28Apr 25
CESC Secures 25-Year Power Purchase Agreement for 300 MW Hybrid Project
CESC Limited has entered into a 25-year Power Purchase Agreement with its subsidiary, Bhojraj Renewables Energy Private Limited, for a 300 MW wind-solar hybrid power project. The agreement sets a tariff of Rs. 3.81 per kWh and is subject to approval from the West Bengal Electricity Regulatory Commission. This move signifies CESC's strategic push into renewable energy, potentially offering long-term cost stability and aligning with India's growing focus on sustainable power sources.
11Apr 25
CESC Ltd Secures Rs 250 Crore Through NCD Allotment to Axis Bank
CESC Limited has approved the allotment of Non-Convertible Debentures (NCDs) worth Rs 250 crore to Axis Bank on April 11, 2025. The NCDs are secured, unlisted, redeemable, and rated, with a face value of Rs 1 lakh each. The debentures have a five-year maturity period, ending on April 11, 2030, and carry a coupon rate of 2.67%. A notable feature is the call/put option after three years, providing flexibility to both parties. This move is part of CESC's financial strategy, potentially aimed at optimizing its debt profile or funding operations and projects.
02Apr 25
CESC Limited to Consider Non-Convertible Debentures Issue in Upcoming Board Meeting
CESC Limited's board will meet on April 7, 2025, to discuss issuing secured, unlisted, redeemable, rated non-convertible debentures (NCDs). This potential debt-based financing could provide additional capital without equity dilution, possibly offering lower interest rates than bank loans. The outcome of the meeting, including details on issue size, interest rates, and tenure, will be crucial for investors to monitor.
27Mar 25
CESC Subsidiary Secures 3-Year Power Supply Agreement for 25MW
CESC Limited's subsidiary, Dhariwal Infrastructure Limited, has entered into a power purchase agreement to supply 25 megawatts of electricity to Noida Power Company Limited, another CESC subsidiary, for three years. The agreement, approved by the Uttar Pradesh Electricity Regulatory Commission, will run from April 1, 2025, to March 31, 2028. This intra-group arrangement aligns with CESC's strategy to strengthen its position in the power distribution sector and optimize its generation assets.
CESC
170.41
-4.55
(-2.60%)
1 Year Returns:-11.69%
Industry Peers
Adani Power
165.98
(+5.47%)
Tata Power
397.80
(-0.30%)
Torrent Power
1,311.80
(-1.93%)
CESC
170.41
(-2.60%)
RattanIndia Power
11.04
(-0.72%)
Rajesh Power Services
1,527.00
(-1.78%)
Bajel Projects
190.38
(-3.07%)
DPSC
11.56
(-1.11%)