CESC enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


17,043	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
4,307	4,307	2,181	1,280	1,129
659	659	593	540	479
21,319	21,319	17,978	14,363	14,262
34,714	—	—	—	—
17,012	17,012	15,797	13,083	13,133
₹261.00	—	—	—	—

34,508	34,508	30,580	26,348	25,651
61.8%	61.8%	58.8%	54.5%	55.6%
0.61×	—	—	—	—

1.84×	—	—	—	—
9.98×	—	—	—	—
15.33×	—	—	—	—
246.20×	—	—	—	—
18,853	18,570	17,001	15,293	14,246
3,478	3,447	2,689	2,126	2,149
2,264	2,219	1,484	909	1,271
—	4,057	2,582	2,352	1,978
141	141	719	1,581	1,282
—	−227	446	1,402	1,060
—	3,916	1,863	771	696

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

CESC₹128.14

CESC Ltd.

· Energy & Power

₹ CrorePeersTATAPOWER TORNTPOWER NTPC RPOWER GIPCL UEL JPPOWER NAVAMcap ₹17,043 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	17,042.6
- Cash, Equiv & ST Investments	1,129.0	1,280.0	2,181.0	4,307.0	4,307.0
+ Minority Interest	479.0	540.0	593.0	659.0	659.0
+ Total Debt	14,262.0	14,363.0	17,978.0	21,319.0	21,319.0
Enterprise Value	—	—	—	—	34,713.6
Net Debt (memo)	13,133.0	13,083.0	15,797.0	17,012.0	17,012.0
EV per Share	—	—	—	—	261.00

Total Capital	25,651.0	26,348.0	30,580.0	34,508.0	34,508.0
Total Debt/Total Capital	55.60	54.51	58.79	61.78	61.78
Total Debt/EV	—	—	—	—	0.61

EV/Sales	—	—	—	—	1.84
EV/EBITDA	—	—	—	—	9.98
EV/EBIT	—	—	—	—	15.33
EV/Free Cash Flow	—	—	—	—	246.20
Reference Items — Trailing FY Values
Sales	14,246.0	15,293.0	17,001.0	18,570.0	18,853.0
EBITDA	2,149.0	2,126.0	2,689.0	3,447.0	3,478.0
EBIT	1,271.0	909.0	1,484.0	2,219.0	2,264.0
Operating Cash Flow	1,978.0	2,352.0	2,582.0	4,057.0	—
Free Cash Flow	1,282.0	1,581.0	719.0	141.0	141.0
FCFF (free cash flow to the firm)	1,060.0	1,402.2	446.4	-226.7	—
Capital Expenditure	696.0	771.0	1,863.0	3,916.0	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.