Chennai Super Kings Cricket Ltd
One of the most valuable franchises in Indian cricket, and a retail favourite in the unlisted market.
Market cap
₹7,732 Cr
31.56 Cr shares
P/E ratio
27.22
Sector average 38
Book value
₹34.97
P/B 7.01
1-year return
+62.42%
52w ₹142 – ₹245
Currently 100% of the way through its 52-week range.
Indicative price history
1Y change
+59.92% ₹153 → ₹245
52-week band in this window: ₹150.84 – ₹245.00. Weekly indicative marks, not exchange-traded prices.
Key highlights
- Five IPL titles and the strongest fan franchise in the league.
- Central media rights contracted through 2027 give revenue visibility.
- Debt free with a growing treasury; consistent dividend payer.
About CSK
Chennai Super Kings Cricket Ltd owns and operates the Chennai franchise of India's premier T20 cricket league, demerged from a listed parent in 2015.
Income comes from the league's central media rights pool, franchise sponsorships, gate receipts, licensing and merchandise.
Because the central media rights pool is contracted for multi-year cycles, a large share of revenue is visible well in advance.
Where the revenue comes from
- Central rights share58%
Pooled media rights distributed by the league
- Sponsorship24%
Title, jersey and associate sponsors
- Gate receipts & hospitality11%
Home-match ticketing
- Merchandise & licensing7%
Apparel, licensing and fan engagement
Products & services
IPL franchise
Chennai Super Kings men's team.
SA20 franchise
Joburg Super Kings in South Africa.
MLC franchise
Texas Super Kings in the United States.
Merchandise & licensing
Apparel, fan engagement and brand licensing.
What works
- • Central media rights are contracted in multi-year cycles, giving unusual revenue visibility for a sports business.
- • One of the strongest fan franchises in the league, which supports sponsorship pricing.
- • Very high operating margin once the player salary cap is met.
What to watch
- • Revenue is concentrated on a single annual tournament window.
- • A weak season affects sponsorship renewals and merchandise sales.
- • Player salary cap revisions and league regulation changes flow straight to the cost line.
Compare with peers
| Company | Price | Market cap | P/E | P/B | Rev CAGR |
|---|---|---|---|---|---|
| CSKThis page | ₹245.00 | ₹7,732 Cr | 27.22 | 7.01 | +10.73% |
| Bira 91 | ₹73.00 | ₹211.7 Cr | — | 0.76 | +2.46% |
| boAt | ₹795.44 | ₹5,727 Cr | 33.30 | 5.49 | +10.99% |
Latest reported year: FY26 ending 31 Mar 2026.