CESC Limited
CESC Limited, an integrated electrical utility company, engages in the generation and distribution of electricity in India. It owns and operates two thermal power plants, including Budge Budge generating station with a generating capacity of 750 megawatts and Southern generating stations with a generating capacity of 135 megawatts; a 40-megawatt atmospheric fluidized bed combustion power plant in… Read more
CESC Limited (CESC) - Net Assets
Latest net assets as of September 2025: ₹133.31 Billion INR
Based on the latest financial reports, CESC Limited (CESC) has net assets worth ₹133.31 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹431.85 Billion) and total liabilities (₹298.54 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹133.31 Billion |
| % of Total Assets | 30.87% |
| Annual Growth Rate | 11.09% |
| 5-Year Change | 22.72% |
| 10-Year Change | 7.75% |
| Growth Volatility | 33.09 |
CESC Limited - Net Assets Trend (2005–2025)
This chart illustrates how CESC Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CESC Limited (2005–2025)
The table below shows the annual net assets of CESC Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹126.02 Billion | +5.15% |
| 2024-03-31 | ₹119.85 Billion | +5.24% |
| 2023-03-31 | ₹113.89 Billion | +5.16% |
| 2022-03-31 | ₹108.31 Billion | +5.47% |
| 2021-03-31 | ₹102.69 Billion | +5.04% |
| 2020-03-31 | ₹97.76 Billion | +7.95% |
| 2019-03-31 | ₹90.56 Billion | +6.67% |
| 2018-03-31 | ₹84.90 Billion | -28.25% |
| 2017-03-31 | ₹118.33 Billion | +1.17% |
| 2016-03-31 | ₹116.96 Billion | +66.38% |
| 2015-03-31 | ₹70.29 Billion | +7.44% |
| 2014-03-31 | ₹65.43 Billion | +11.16% |
| 2013-03-31 | ₹58.86 Billion | +21.49% |
| 2012-03-31 | ₹48.45 Billion | +3.02% |
| 2011-03-31 | ₹47.03 Billion | +3.58% |
| 2010-03-31 | ₹45.40 Billion | +0.87% |
| 2009-03-31 | ₹45.01 Billion | -0.80% |
| 2008-03-31 | ₹45.37 Billion | +18.93% |
| 2007-03-31 | ₹38.15 Billion | +3.30% |
| 2006-03-31 | ₹36.93 Billion | +139.95% |
| 2005-03-31 | ₹15.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CESC Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 12681440000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹126.81 Billion | 105.60% |
| Common Stock | ₹1.33 Billion | 1.11% |
| Other Comprehensive Income | ₹-8.05 Billion | -6.70% |
| Total Equity | ₹120.09 Billion | 100.00% |
CESC Limited Competitors by Market Cap
The table below lists competitors of CESC Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Autek China Inc
SHE:300595
|
$1.21 Billion |
|
Guangzhou Goaland Energy Conservation Tech Co Ltd
SHE:300499
|
$1.21 Billion |
|
LPI Capital Bhd
KLSE:8621
|
$1.21 Billion |
|
CLARIVATE PLC
NYSE:CLVT
|
$1.21 Billion |
|
Scatec ASA
PINK:STECF
|
$1.21 Billion |
|
Shurgard Self Storage S.A
PINK:SSSAF
|
$1.21 Billion |
|
Dongguan Eontec Co Ltd
SHE:300328
|
$1.21 Billion |
|
Welspun Corp Limited
NSE:WELCORP
|
$1.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CESC Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 114,456,400,000 to 120,090,000,000, a change of 5,633,600,000 (4.9%).
- Net income of 13,690,000,000 contributed positively to equity growth.
- Dividend payments of 6,030,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 547,100,000.
- Other factors decreased equity by 2,573,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹13.69 Billion | +11.4% |
| Dividends Paid | ₹6.03 Billion | -5.02% |
| Other Comprehensive Income | ₹547.10 Million | +0.46% |
| Other Changes | ₹-2.57 Billion | -2.14% |
| Total Change | ₹- | 4.92% |
Book Value vs Market Value Analysis
This analysis compares CESC Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.44x to 1.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹21.42 | ₹159.42 | x |
| 2006-03-31 | ₹47.04 | ₹159.42 | x |
| 2007-03-31 | ₹45.93 | ₹159.42 | x |
| 2008-03-31 | ₹38.36 | ₹159.42 | x |
| 2009-03-31 | ₹36.03 | ₹159.42 | x |
| 2010-03-31 | ₹36.33 | ₹159.42 | x |
| 2011-03-31 | ₹37.63 | ₹159.42 | x |
| 2012-03-31 | ₹38.76 | ₹159.42 | x |
| 2013-03-31 | ₹41.17 | ₹159.42 | x |
| 2014-03-31 | ₹45.10 | ₹159.42 | x |
| 2015-03-31 | ₹47.10 | ₹159.42 | x |
| 2016-03-31 | ₹79.99 | ₹159.42 | x |
| 2017-03-31 | ₹80.14 | ₹159.42 | x |
| 2018-03-31 | ₹63.52 | ₹159.42 | x |
| 2019-03-31 | ₹67.70 | ₹159.42 | x |
| 2020-03-31 | ₹71.00 | ₹159.42 | x |
| 2021-03-31 | ₹74.48 | ₹159.42 | x |
| 2022-03-31 | ₹78.43 | ₹159.42 | x |
| 2023-03-31 | ₹82.30 | ₹159.42 | x |
| 2024-03-31 | ₹86.35 | ₹159.42 | x |
| 2025-03-31 | ₹90.53 | ₹159.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CESC Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.05%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 3.41x
- Recent ROE (11.40%) is above the historical average (8.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.56% | 6.34% | 0.47x | 3.19x | ₹-67.17 Million |
| 2006 | 4.81% | 7.06% | 0.36x | 1.87x | ₹-1.92 Billion |
| 2007 | 7.88% | 12.10% | 0.34x | 1.93x | ₹-808.16 Million |
| 2008 | 5.90% | 7.55% | 0.40x | 1.97x | ₹-1.86 Billion |
| 2009 | 1.72% | 1.91% | 0.39x | 2.30x | ₹-3.73 Billion |
| 2010 | 3.46% | 3.74% | 0.37x | 2.50x | ₹-2.97 Billion |
| 2011 | 5.92% | 5.63% | 0.40x | 2.60x | ₹-1.92 Billion |
| 2012 | 5.08% | 4.17% | 0.40x | 3.05x | ₹-2.38 Billion |
| 2013 | 8.93% | 6.08% | 0.35x | 4.14x | ₹-549.77 Million |
| 2014 | 8.72% | 4.86% | 0.40x | 4.43x | ₹-718.61 Million |
| 2015 | 3.29% | 1.79% | 0.40x | 4.63x | ₹-4.04 Billion |
| 2016 | 5.64% | 4.94% | 0.33x | 3.47x | ₹-4.62 Billion |
| 2017 | 6.50% | 8.26% | 0.22x | 3.57x | ₹-3.71 Billion |
| 2018 | 10.84% | 8.88% | 0.31x | 3.92x | ₹705.83 Million |
| 2019 | 13.19% | 11.10% | 0.32x | 3.73x | ₹2.87 Billion |
| 2020 | 13.46% | 10.42% | 0.34x | 3.77x | ₹3.26 Billion |
| 2021 | 13.48% | 11.44% | 0.32x | 3.63x | ₹3.44 Billion |
| 2022 | 13.06% | 10.83% | 0.33x | 3.61x | ₹3.18 Billion |
| 2023 | 12.31% | 9.43% | 0.38x | 3.46x | ₹2.52 Billion |
| 2024 | 12.03% | 9.00% | 0.41x | 3.25x | ₹2.32 Billion |
| 2025 | 11.40% | 8.05% | 0.41x | 3.41x | ₹1.68 Billion |
Industry Comparison
This section compares CESC Limited's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $235,685,322,038
- Average return on equity (ROE) among peers: 6.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CESC Limited (CESC) | ₹133.31 Billion | 9.56% | 2.24x | $1.21 Billion |
| BAJEL PROJECTS LTD (BAJEL) | $6.66 Billion | 2.32% | 2.11x | $28.31 Million |
| DPSC Limited (DPSCLTD) | $8.80 Billion | 0.80% | 1.07x | $11.79 Million |
| Energy Development Company Limited (ENERGYDEV) | $3.28 Billion | -4.25% | 0.50x | $3.40 Million |
| Gujarat Industries Power Company Limited (GIPCL) | $17.56 Billion | 10.59% | 0.70x | $83.34 Million |
| NLC India Limited (NLCINDIA) | $138.71 Billion | 10.87% | 2.26x | $997.91 Million |
| NTPC Limited (NTPC) | $1.05 Trillion | 10.09% | 1.63x | $19.17 Billion |
| Power Grid Corporation of India Limited (POWERGRID) | $429.68 Billion | 14.00% | 3.23x | $14.91 Billion |