CESC, incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 9902.01 Crore) operating in Power sector.
CESC key Products/Revenue Segments include Electricity and Other Operating Revenue for the year ending 31-Mar-2022.
Financials
The company’s top management includes Dr.Sanjiv Goenka, Mr.Chandra Kumar Dhanuka, Mr.Pradip Kumar Kaitan, Mr.Sunil Mitra, Mr.Pratip Chaudhuri, Ms.Rekha Sethi, Mr.Debasish Banerjee, Mr.Rabi Chowdhury, Mr.Shashwat Goenka, Mr.Debanjan Mandal. Company has S R Batliboi & Co. LLP as its auditors. As on 30-06-2022, the company has a total of 133 Crore shares outstanding.
Investment Rationale
Earnings are expected to improve at the Dhariwal project (on the back of the three-year medium-term PPA with the REMCL) and distribution segment (with the opening up of economy, higher power demand, improved collection, and lower AT&C losses).
Promoter/FII Holdings
Promoters held 52.11 per cent stake in the company as of 30-Jun-2022, while FIIs owned 13.93 per cent, DIIs 21.34 per cent.
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