CESC Ltd Stock Price Today (NSE: CESC)

CESC Ltd

169.912.35 (1.36%)
Market Closed

Fundamental Score

...

CESC Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

CESC Ltd share price today is 169.91, down 1.36% on NSE/BSE as of 17 June 2026. CESC Ltd (CESC) is a Large-cap company in the Integrated Power Utilities sector with a market capitalisation of 22.83K (Cr). The 52-week high for CESC share price is 204.50 and the 52-week low is 138.12. At a P/E ratio of 15.74x, CESC is currently trading below its industry average P/E of 22.82x. The company has a Return on Equity (ROE) of 11.34% and a debt-to-equity ratio of 1.48.

CESC Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
204.50
Low
169.91
Volume
49.2L
Change
-1.14%

CESC Ltd share price chart: -1.14% return over the past month. 52-week high ₹204.50, 52-week low ₹138.12.

CESC Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
176.98179.70172.80178.9021.80L (Cr)
182.60183.30177.52178.3410.41L (Cr)
187.00188.32180.12182.0931.22L (Cr)
185.87185.87185.87185.870.00 (Cr)
183.49188.70183.06185.8746.99L (Cr)
185.99187.37182.07182.8424.76L (Cr)
180.00186.49180.00185.5984.24L (Cr)
179.95180.00175.01177.2257.71L (Cr)
181.20182.48179.16179.8418.22L (Cr)
180.00182.90179.01180.6515.62L (Cr)

CESC Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
182.60183.30172.80178.90-2.03%
187.53204.50175.01182.09-2.90%
153.49195.00147.65187.53+22.18%
146.92165.60146.84150.17+2.21%
144.60161.97142.51158.15+9.37%
168.75177.71138.12150.16-11.02%
171.40178.42163.20167.56-2.24%
180.36182.80166.01170.48-5.48%
162.45185.26160.29179.96+10.78%
152.69172.75152.33161.95+6.06%
169.00171.07152.01152.19-9.95%
172.00183.00167.46169.51-1.45%

AI Research Briefing

Powered by Gemini · 2026-04-08

CESC is a decent play on India's power sector growth, but high debt and execution risks temper enthusiasm.

Research Confidence
6.0/10Moderate
COMPOUNDERConsolidation. 1M: -4.21%, 3M: 9.93%, 6M: 2.08%.Fair. P/E of 15.74x vs. industry P/E of 22.82x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

CESC announced Q3 FY25-26 results on April 6, 2026. Revenue stood at , a QoQ decrease of 23.96%, but a YoY increase of 12.47%. Net profit was , down 32.14% QoQ but up 7.80% YoY. CESC awarded 600 MW of wind-solar hybrid power contracts to domestic developers in March 2026, with tariffs around –3.75 per kWh for 25 years.

CORE STORY (THE REAL GAME)

CESC is transitioning from a Kolkata-centric power distributor to a pan-Indian integrated utility with a growing renewable energy portfolio. The market is watching how quickly and efficiently CESC can scale its renewable capacity and improve the performance of acquired distribution assets.

Why Now
  • Renewable energy contracts secured
  • Improving T&D losses in key distribution areas
  • Strategic expansion through acquisitions
Potential Catalysts
  • Discom privatization wins
  • Faster-than-expected renewable capacity addition
  • Positive regulatory changes
Key Risks
  • High debt/equity ratio
  • Low-interest coverage
  • Execution risks in renewable projects
  • Micro/SME cap subsidiaries pose liquidity risk
Institutional Activity

FII holdings increased slightly (Δ 0.16%) and DII holdings also increased (Δ 0.27%), indicating moderate institutional interest.

Macro Context

India's push for 500 GW of renewable energy by 2030 and 60% non-fossil fuel in its energy mix by 2035 provides a strong tailwind.

Order Book / Expansion

CESC awarded 600 MW wind-solar hybrid power contracts in March 2026.

Cash Flow Quality

Yes. Free Cash Flow 5Y: ₹7463.62 Cr.

3–6 Month Outlook

CESC aims to expand renewable capacity to 1.2 GW by FY27E and 3.2 GW by FY29E. Focus will be on execution and improving the performance of acquired assets.

Primary Thesis Risk

Inability to manage debt while scaling renewable capacity could derail the growth story.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

11.34%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

11.23%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

19.42%

Average operating profit margin over 5 years

Good

Dividend Yield

3.48%

Annual dividend as % of current share price

CESC Ltd Valuation Check

Excellent

Price to Earnings (P/E)

15.74x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

22.82x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

52.11%

% shares held by company founders/management

Good

FII Holding

11.09%

% shares held by foreign institutional investors

Excellent

DII Holding

25.65%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

20.40%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

12.06%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

6.93%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

1.43%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

1.43%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.48x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.38x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

7.46K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

CESC Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of CESC across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Strong Operating Margins (19.42%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 15.74 vs Industry: 22.82)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (20.40%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Cash Generation (₹7463.62 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (52.11%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 36.74%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Attractive Dividend Yield (3.48%)

Observation: Healthy dividend yield provides income component to returns.

Analysis: Dividend yield >3% offers income potential while indicating cash flow strength.

Risk Factors

4 factors identified

Weak Earnings Growth (1.43% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (1.43% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Elevated Debt Levels (D/E: 1.48)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (2.38x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

CESC Ltd vs Integrated Power Utilities Peers

Peer Comparison - Integrated Power Utilities

Compare CESC Ltd with 5 other companies in the same sector

6 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
42.1/100
170
₹22827.42
15.7
Average
11.34%
Average
11.23%
Average
1.5
Average
1.43%
Average
6.93%
Good
3.48%
58.2/100
249
₹284121.43
23.6
Average
26.10%
Excellent
22.54%
Excellent
0.8
Good
65.69%
Excellent
16.25%
Excellent
0.00%
46.6/100
415
₹124506.45
30.8
Average
10.97%
Average
10.81%
Average
1.9
Average
45.54%
Excellent
17.58%
Excellent
0.58%
59.9/100
1524
₹65890.37
22.0
Average
19.03%
Good
15.95%
Good
0.6
Good
13.28%
Good
16.41%
Excellent
1.45%
54/100
67
₹6744.51
1.4
Average
37.52%
Excellent
34.01%
Excellent
0.3
Excellent
37.39%
Excellent
4.10%
Average
0.00%
14.1/100
8
₹1043.90
137.2
Average
0.74%
Poor
3.17%
Poor
0.1
Excellent
-10.45%
Poor
5.22%
Good
0.47%

CESC Ltd PE Ratio History

Historical price-to-earnings ratio for CESC — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202510.32₹167.5616.2x
FY 202410.38₹185.9317.9x
FY 202310.13₹132.5013.1x
FY 202210.25₹76.407.5x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

CESC Ltd Dividend History

Annual cash dividends paid by CESC — dividend yield 3.48%

Financial YearDividends Paid (₹ Cr)
FY 2025603.00 Cr
FY 2024606.00 Cr
FY 2023603.79 Cr
FY 2022602.63 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

CESC Ltd Quarterly Performance

Latest quarterly metrics for CESC — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

12.06%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

20.40%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

6.93%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

1.43%

Compounded annual net profit growth over 5 years

CESC Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for CESC — calculated from daily price history

49RSI 14
Neutral — RSI 49

Momentum is balanced — neither overbought nor oversold.

SMA 50
172
▼ Price below SMA 50 — Short-term bearish
SMA 200
166
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
4702K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

CESC Ltd Financial Statements

Annual income statement, balance sheet and cash flow for CESC Ltd (CESC) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for CESC Ltd

About CESC (CESC Ltd)

CESC Ltd is a major player in India's integrated power utility sector, shaping the energy landscape through its diverse generation and distribution network. The company manages a c...omplex web of power assets, ensuring a reliable electricity supply to its service areas. CESC's infrastructure portfolio comprises a mix of conventional and renewable energy sources, strategically positioned to meet the evolving power demands of its consumers. Through ongoing investments and technological upgrades, CESC strives to enhance the efficiency and sustainability of its power generation and delivery systems, contributing to India's energy security and environmental goals. CESC’s power generation capabilities are bolstered by a collection of key installations that harness a mix of thermal and renewable energy sources. Among these are the Budge Budge generating station with a capacity of 750 MW, and the Southern generating station with a capacity of 135 MW, which contribute significantly to base load power requirements. CESC also embraces cleaner energy solutions, exemplified by its 40 MW atmospheric fluidized bed combustion power plant in Asansol, West Bengal. The company is also actively expanding its renewable energy footprint, as demonstrated by its 300 MW solar project in Bhadla, Rajasthan and another 450 MW hybrid project. CESC has also diversified into power distribution networks. As an integrated power utility, CESC Ltd not only generates electricity but also plays a vital role in delivering it to homes and businesses. CESC's expertise lies in efficiently managing the electricity value chain, ensuring uninterrupted power supply to millions of consumers. Through investments in smart grid technologies and modernized infrastructure, CESC aims to optimize its distribution network, minimize losses, and enhance the reliability of power delivery. CESC’s commitment to innovation and customer service positions it as a key player in the Indian power sector.

Company Details

Symbol:CESC
Industry:Integrated Power Utilities
Sector:Integrated Power Utilities

Key Leadership

Mr. Vineet Sikka
MD of Distribution & Additional Director
Mr. Rajarshi Banerjee
CFO & Executive Director
Mr. Gautam Ray
Executive Director of HR & Admin

CESC Share Price: Frequently Asked Questions

What is the current share price of CESC Ltd?

CESC Ltd (CESC) trades at ₹169.91 on NSE and BSE. Market cap ₹22.83K (Cr). Educational data only.

What is the P/E ratio of CESC Ltd?

CESC Ltd has a P/E of 15.74x vs industry average 22.82x.

What is the Bull Run score for CESC Ltd?

CESC Ltd has a Bull Run score of 42.1/100 based on 25+ financial parameters.

Does CESC Ltd pay dividends?

CESC Ltd has a dividend yield of 3.48%. Past dividends don't guarantee future payments.

What is the ROE of CESC Ltd?

CESC Ltd has ROE of 11.34%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of CESC Ltd?

CESC Ltd has debt-to-equity of 1.48.

Is CESC Ltd a good investment?

Bull Run gives CESC Ltd a score of 42.1/100. This is not investment advice — consult a SEBI-registered advisor.