Share of CESC Ltd is currently trading at around Rs.155/-Existing as well as Prospective Investors are asking for CESC Share Price Target 2025 as well as targets for 2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you about the CESC Share Price Target 2025 as well as targets for 2030,2035 and 2040
Discussion & Analysis of Business & Financial performance with future business prospects of CESC Ltd:
CESC Limited, a prominent power utility in India, has demonstrated consistent financial growth amidst dynamic market conditions. In the fiscal year ending March 31, 2024, the company’s standalone total income increased by 7.06% to ₹8,729 crore, up from ₹8,153 crore in the previous year. Profit before tax (PBT) was reported at ₹922 crore, with a profit after tax (PAT) of ₹775 crore. On a consolidated basis, total income rose by 6.79% to ₹15,544 crore, while PAT reached ₹1,447 crore.
In the second quarter of FY2024-25, CESC’s consolidated net profit saw a modest increase of 2.8%, reaching ₹373 crore compared to ₹363 crore in the same period the previous year. Gross revenue for the quarter grew by 8.1% to ₹4,770 crore. The Kolkata distribution division commenced the recovery of the fuel and power purchase adjustment surcharge (FPPAS) from June 2024, addressing variations in fuel and power purchase costs.
Looking ahead, CESC anticipates robust growth driven by economic expansion and increased electricity demand. The company provided over 106,101 new connections in 2022-23 and observed a significant shift towards digital payments, with nearly 75% of consumers opting for online transactions, accounting for approximately 82% of total revenues. To enhance its distribution network, CESC is upgrading import points to 220kV, facilitating greater power import capacity. The implementation of smart meters and proactive outage management systems further underscores its commitment to technological advancement.
Strategically, CESC is focusing on geographic expansion, renewable energy integration, and potential acquisitions. The company aims to achieve a 40% renewable energy mix by 2030 and has acquired a 100 MW solar power plant, projected to generate an additional ₹600 million in annual revenue. Analysts forecast a compound annual growth rate (CAGR) of 8% over the next five years, with revenues targeted at approximately ₹85 billion for FY2024. Earnings per share (EPS) are expected to rise to ₹38 in FY2024, up from ₹34 in FY2023.
In summary, CESC Limited’s solid financial performance and strategic initiatives position it well for sustained growth in India’s evolving power sector.
Share Price Targets:
CESC Share Price Target 2025
Based on the above discussion and analysis, the share price of CESC Ltd is likely to touch the level of around Rs.175-200 in 2025
CESC Share Price Target 2030
Based on the above discussion and analysis, the share price of CESC Ltd is likely to touch the level of around Rs.350-400 in 2030
CESC Share Price Target 2035
Based on the above discussion and analysis, the share price of CESC Ltd is likely to touch the level of around Rs.700-750 in 2035
CESC Share Price Target 2040
Based on the above discussion and analysis, the share price of CESC Ltd is likely to touch the level of around Rs.1200-1400 in 2040
Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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