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CESC Limited

CESC Limited

NSE: CESC
Utilities - Regulated ElectricUtilitiesMID CAPMCap ₹18.01k Cr
₹135.90₹0.05 (+0.04%)

Market Closed • NSE

Market cap₹18.01k Cr
Enterprise value₹34.68k Cr
P/E TTM11.62
Forward P/E9.63
P/B1.44
EPS TTM₹11.70
Forward EPS₹14.11
ROCE10.90%
D/E1.64
Dividend yield0.04%
Face value₹1.00
52W high₹204.50
52W low₹128.31
Price chart(1Y)
1Y Return:-19.18% (₹32.25)
H: ₹177.25L: ₹128.31
1W-0.27%
1M-4.00%
3M-17.67%
6M-24.58%
1Y-20.25%
Today at a glance

Day range

₹135.25₹137.30

52 week range

₹128.31₹204.50
Volume622.1K0.35x 20D avg
Free float50.00%-64.80% volume

CESC Limited closed at INR135.90 (+0.04%) on volume 0.35x its 20-day average, trading 33.55% below its 52-week high.

Technical analysis
RSI (14)43.3Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹3.57Moderate
SMA 20₹136.49BEARISH
SMA 50₹146.47BEARISH
SMA 100₹157.35BEARISH
SMA 200₹160.52BEARISH
CPR bottom₹137.23
Pivot₹136.77
CPR top₹136.31
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -8.7% QoQ

2026-08-19

DIVIDEND Announced

Interim Dividend - Rs 6 Per Share

2025-10-27

DIVIDEND Announced

Interim Dividend - Rs 6 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹2959.98k Cr₹18.01k Cr16431.10%≤ 33%FAIL
Non-halal income ratio–₹18.57k Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹18.01k Cr—≥ 20%PASS
Receivables ratio–₹18.01k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E11.6221.10
Forward P/E9.63—
P/B1.441.70
EV/EBITDA—18.00
PEG—1.50
Earnings yield8.604.70
Growth & profitability
RevenuePAT
FY25PAT margin 8.40%
FY26PAT margin 8.70%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+3.00%
Revenue CAGR 5Y+1.80%
PAT CAGR 3Y-14.60%
PAT CAGR 5Y-9.80%
Operating margin11.78%
Net margin8.24%
Financial health & cash flow
Net debt₹2959.98k CrModerate
Interest coverage—xEBIT / interest
CFO / PAT2.57x3Y average
Net debt / EBITDA—Leverage
Operating cash flow–
Capital expenditure–
Free cash flow–
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall63/100
Valuation75/100
Profitability65/100
Financial health50/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 2.57x over last 3 years

Attractive Valuation: P/E of 11.6x trades below sector historical averages

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 1.64x

Bull case

Market Leadership: Established operational scale in Utilities - Regulated Electric.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
37.85%Institutional holding
10.05%Public holding
5Periods available
0.00%Promoter pledged
3.48LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
19 Aug 2026Dividend₹6.00 / share—19 Aug 2026
27 Oct 2025Dividend₹6.00 / share—27 Oct 2025
16 Jan 2025Dividend₹4.50 / share—16 Jan 2025
—Annual General MeetingAnnual General Meeting—13 Aug 2024
01 Feb 2024Dividend₹4.50 / share—01 Feb 2024
—Annual General MeetingAnnual General Meeting—27 Jul 2023
24 Feb 2023Dividend₹4.50 / share—24 Feb 2023
—Annual General MeetingAnnual General Meeting—20 Jul 2022
25 Jan 2022Dividend₹4.50 / share—24 Jan 2022
20 Sept 2021Dividend₹10.00 / share—17 Sept 2021
—Annual General MeetingAnnual General Meeting—09 Aug 2021
25 Jan 2021Dividend₹45.00 / share—22 Jan 2021
—Annual General MeetingAnnual General Meeting—23 Jul 2020
20 Feb 2020Dividend₹20.00 / share—18 Feb 2020
—Annual General MeetingAnnual General Meeting—10 Jul 2019
15 Feb 2019Dividend₹17.50 / share—14 Feb 2019
—Annual General MeetingAnnual General Meeting—12 Dec 2018
31 Oct 2018Composite Scheme Of ArrangementComposite Scheme Of Arrangement—30 Oct 2018
09 Mar 2018Dividend₹12.00 / share—08 Mar 2018
—Annual General MeetingAnnual General Meeting—19 Jul 2017
27 Feb 2017Dividend₹10.00 / share—23 Feb 2017
—Annual General MeetingAnnual General Meeting—13 Jul 2016
19 Mar 2016Dividend₹10.00 / share—17 Mar 2016
—Dividend₹9.00 / share—22 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)56.31%-9.57% latest vs average
Highest delivery70.37%on 18 Sept
Average volume (20D)1.77MTrading-session average
Conviction trendWeakening-9.57% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Adani Power Limited
Adani Power LimitedADANIPOWER
Open analysis
₹3.78L26.500.00%₹18,902.00₹4,867.00+33.97%+47.26%
NTPC Limited
NTPC LimitedNTPC
Open analysis
₹3.06L11.013.93%₹50,741.00₹6,896.00+7.81%+12.90%
Power Grid Corporation of India Limited
Power Grid Corporation of India LimitedPOWERGRID
Open analysis
₹2.33L14.653.60%₹9,795.00₹3,411.00-1.34%-6.62%
Adani Green Energy Limited
Adani Green Energy LimitedADANIGREEN
Open analysis
₹2.14L124.710.00%₹4,431.00₹983.00+16.61%+19.30%
Adani Energy Solutions Limited
Adani Energy Solutions LimitedADANIENSOL
Open analysis
₹1.67L56.210.00%₹9,711.00₹1,237.00+42.41%+129.50%
The Tata Power Company Limited
The Tata Power Company LimitedTATAPOWER
Open analysis
₹1.13L29.320.71%₹19,051.00₹1,401.00+5.63%+11.01%
GAIL (India) Limited
GAIL (India) LimitedGAIL
Open analysis
₹1.11L11.183.25%₹41,198.00₹4,671.00+16.67%+96.10%
Siemens Energy India Limited
Siemens Energy India LimitedENRIN
Open analysis
₹1.03L69.130.14%₹2,485.60₹440.90+39.28%+67.83%
About CESC Limited
CESC Limited

Incorporated in 1978, CESC Ltd is in the business of generation and distribution of Electricity[1]

IndiaUtilities

Questions investors ask
Is CESC Limited Shariah compliant?

CESC Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (16431.1%) exceeds AAOIFI threshold (≤ 33%).

What is CESC Limited's current valuation relative to peers?

CESC Limited trades at a P/E of 11.6x compared to the sector median of 21.1x, and a Price-to-Book of 1.4x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 1.64x. Interest coverage is comfortable.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.8% while net profit growth averaged -9.8%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.