CESC Limited (CESC) - Net Assets

Latest as of September 2025: Rs133.31 Billion INR ≈ $1.44 Billion USD

Based on the latest financial reports, CESC Limited (CESC) has net assets worth Rs133.31 Billion INR (≈ $1.44 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs431.85 Billion ≈ $4.67 Billion USD) and total liabilities (Rs298.54 Billion ≈ $3.23 Billion USD). 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. Check CESC Limited (CESC) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs133.31 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. Also explore CESC Limited balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for CESC Limited (2005–2025)

The table below shows the annual net assets of CESC Limited from 2005 to 2025. For live valuation and market cap data, see CESC market cap.

Year	Net Assets	Change
2025-03-31	Rs126.02 Billion ≈ $1.36 Billion	+5.15%
2024-03-31	Rs119.85 Billion ≈ $1.30 Billion	+5.24%
2023-03-31	Rs113.89 Billion ≈ $1.23 Billion	+5.16%
2022-03-31	Rs108.31 Billion ≈ $1.17 Billion	+5.47%
2021-03-31	Rs102.69 Billion ≈ $1.11 Billion	+5.04%
2020-03-31	Rs97.76 Billion ≈ $1.06 Billion	+7.95%
2019-03-31	Rs90.56 Billion ≈ $979.36 Million	+6.67%
2018-03-31	Rs84.90 Billion ≈ $918.11 Million	-28.25%
2017-03-31	Rs118.33 Billion ≈ $1.28 Billion	+1.17%
2016-03-31	Rs116.96 Billion ≈ $1.26 Billion	+66.38%
2015-03-31	Rs70.29 Billion ≈ $760.21 Million	+7.44%
2014-03-31	Rs65.43 Billion ≈ $707.59 Million	+11.16%
2013-03-31	Rs58.86 Billion ≈ $636.56 Million	+21.49%
2012-03-31	Rs48.45 Billion ≈ $523.97 Million	+3.02%
2011-03-31	Rs47.03 Billion ≈ $508.60 Million	+3.58%
2010-03-31	Rs45.40 Billion ≈ $491.01 Million	+0.87%
2009-03-31	Rs45.01 Billion ≈ $486.76 Million	-0.80%
2008-03-31	Rs45.37 Billion ≈ $490.69 Million	+18.93%
2007-03-31	Rs38.15 Billion ≈ $412.60 Million	+3.30%
2006-03-31	Rs36.93 Billion ≈ $399.40 Million	+139.95%
2005-03-31	Rs15.39 Billion ≈ $166.46 Million	--

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	Rs126.81 Billion	105.60%
Common Stock	Rs1.33 Billion	1.11%
Other Comprehensive Income	Rs-8.05 Billion	-6.70%
Total Equity	Rs120.09 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
SEB SA PA:SK	$2.85 Billion
Ral Yatirim Holding AS IS:RALYH	$2.85 Billion
Shanghai Mechanical & Electrical Industry Co Ltd A SHG:600835	$2.85 Billion
CETC Energy Joint Stock Co Ltd SHG:600877	$2.85 Billion
Chicony Electronics Co Ltd TW:2385	$2.85 Billion
Mobimo Hldg SW:MOBN	$2.85 Billion
Synaptics Incorporated NASDAQ:SYNA	$2.85 Billion
Tongding Interconnection Information SHE:002491	$2.84 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	Rs13.69 Billion	+11.4%
Dividends Paid	Rs6.03 Billion	-5.02%
Other Comprehensive Income	Rs547.10 Million	+0.46%
Other Changes	Rs-2.57 Billion	-2.14%
Total Change	Rs-	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: 2.20x
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 9.28x to 2.20x 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	Rs21.42	Rs198.72	x
2006-03-31	Rs47.04	Rs198.72	x
2007-03-31	Rs45.93	Rs198.72	x
2008-03-31	Rs38.36	Rs198.72	x
2009-03-31	Rs36.03	Rs198.72	x
2010-03-31	Rs36.33	Rs198.72	x
2011-03-31	Rs37.63	Rs198.72	x
2012-03-31	Rs38.76	Rs198.72	x
2013-03-31	Rs41.17	Rs198.72	x
2014-03-31	Rs45.10	Rs198.72	x
2015-03-31	Rs47.10	Rs198.72	x
2016-03-31	Rs79.99	Rs198.72	x
2017-03-31	Rs80.14	Rs198.72	x
2018-03-31	Rs63.52	Rs198.72	x
2019-03-31	Rs67.70	Rs198.72	x
2020-03-31	Rs71.00	Rs198.72	x
2021-03-31	Rs74.48	Rs198.72	x
2022-03-31	Rs78.43	Rs198.72	x
2023-03-31	Rs82.30	Rs198.72	x
2024-03-31	Rs86.35	Rs198.72	x
2025-03-31	Rs90.53	Rs198.72	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	Rs-67.17 Million
2006	4.81%	7.06%	0.36x	1.87x	Rs-1.92 Billion
2007	7.88%	12.10%	0.34x	1.93x	Rs-808.16 Million
2008	5.90%	7.55%	0.40x	1.97x	Rs-1.86 Billion
2009	1.72%	1.91%	0.39x	2.30x	Rs-3.73 Billion
2010	3.46%	3.74%	0.37x	2.50x	Rs-2.97 Billion
2011	5.92%	5.63%	0.40x	2.60x	Rs-1.92 Billion
2012	5.08%	4.17%	0.40x	3.05x	Rs-2.38 Billion
2013	8.93%	6.08%	0.35x	4.14x	Rs-549.77 Million
2014	8.72%	4.86%	0.40x	4.43x	Rs-718.61 Million
2015	3.29%	1.79%	0.40x	4.63x	Rs-4.04 Billion
2016	5.64%	4.94%	0.33x	3.47x	Rs-4.62 Billion
2017	6.50%	8.26%	0.22x	3.57x	Rs-3.71 Billion
2018	10.84%	8.88%	0.31x	3.92x	Rs705.83 Million
2019	13.19%	11.10%	0.32x	3.73x	Rs2.87 Billion
2020	13.46%	10.42%	0.34x	3.77x	Rs3.26 Billion
2021	13.48%	11.44%	0.32x	3.63x	Rs3.44 Billion
2022	13.06%	10.83%	0.33x	3.61x	Rs3.18 Billion
2023	12.31%	9.43%	0.38x	3.46x	Rs2.52 Billion
2024	12.03%	9.00%	0.41x	3.25x	Rs2.32 Billion
2025	11.40%	8.05%	0.41x	3.41x	Rs1.68 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: $171,463,524,319
Average return on equity (ROE) among peers: 6.85%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
CESC Limited (CESC)	Rs133.31 Billion	9.56%	2.24x	$2.85 Billion
BAJEL PROJECTS LTD (BAJEL)	$6.66 Billion	2.32%	2.11x	$226.44 Million
DPSC Limited (DPSCLTD)	$1.18 Billion	4.37%	2.43x	$104.89 Million
Energy Development Company Limited (ENERGYDEV)	$3.10 Billion	-4.88%	0.65x	$8.67 Million
NLC India Limited (NLCINDIA)	$103.58 Billion	12.04%	0.78x	$4.75 Billion
NTPC Limited (NTPC)	$529.87 Billion	14.10%	0.77x	$41.80 Billion
Power Grid Corporation of India Limited (POWERGRID)	$384.39 Billion	13.13%	3.18x	$32.13 Billion

About CESC Limited

NSE:CESC India Utilities - Regulated Electric

Market Cap

$2.85 Billion

Rs263.42 Billion INR

Market Cap Rank

#5105 Global

#225 in India

Share Price

Rs198.72

Change (1 day)

+5.97%

52-Week Range

Rs140.43 - Rs198.72

All Time High

Rs208.41