CESC Limited — PPTs, 22-11-2024: Investor Presentation

### Financial Highlights

CESC Limited reflects a solid consolidated performance, reporting revenues of ₹15,544 Cr in FY24, up from ₹14,555 Cr in FY23. EBITDA for the period reached ₹4,134 Cr, an increase from ₹3,734 Cr, while PAT improved modestly to ₹1,447 Cr compared to ₹1,397 Cr in the previous year. Standalone figures also showed growth, with revenue increasing from ₹8,153 Cr to ₹8,729 Cr, and EBITDA rising to ₹2,381 Cr from ₹2,144 Cr.

### Strategic Initiatives and Growth Drivers

CESC plans substantial investments in renewable energy, with a target capacity addition of 3.2 GW by FY29, emphasizing hybrid renewable projects. The company has secured a strategic framework agreement with Inox Wind for the supply of 1.5 GW of wind turbines, enhancing its focus on sustainable energy solutions.

### Business Developments

The firm has successfully integrated operations in various states, managing to bid successfully for distribution licenses, including a significant win in Chandigarh, expected to enhance its consumer base and revenue stream. Additionally, CESC's expansion into green hydrogen production aims to contribute significantly to its renewable portfolio.

### Market Position and Competitive Advantage

CESC stands out in the Indian power sector with robust distribution capabilities, serving over 4.4 million customers and achieving top-tier performance metrics. The company aims to leverage its strong customer service reputation alongside advanced technology solutions for efficiency and responsiveness.

### Investor Implications

With a focus on expanding renewable energy capacities and maintaining competitive performance metrics, CESC presents a positive outlook for investors. Its strategic initiatives align well with the growing power demand in India, positioning the company for potential growth in both market share and profitability in the rapidly evolving energy landscape.