CESC logo

CESC share price

NSE: CESCBSE: 500084PowerSmall Cap

Last close ₹124.79down ₹5.17 (3.98%)BSE ₹124.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹129.96.

52-week range of traded prices to 23 Oct 2026
₹123.66Low, 23 Oct 2026₹204.50High, 4 May 2026
Market cap
₹16,542 Cr326th largest listed
P/E
10.7
P/B
1.3
Dividend yield
9.62%
ROE
12.6%
ROCE
6.6%
Debt to equity
1.62
Volume, NSE
28,37,90252.4% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−31.1%over a year

ResultsDividend20-session average 17,15,076 shares a day, 54.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹5,485 Crup 33.91%
Net profit
₹419 Crdown 8.71%
Net margin
7.6%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2021, the company's revenue for that year, ₹11,639 Cr, differs from its quarters added, ₹10,839 Cr.

₹ croreSep 2024Filed 12 NovDec 2024Filed 11 JanMar 2025Filed 10 JunJun 2025Filed 30 JulSep 2025Filed 17 FebDec 2025Filed 6 FebMar 2026Filed 6 MayJun 2026Filed 13 Aug
Revenue4,7003,5613,8775,2025,2674,0054,0965,485
Net profit373282385404445304459419
Net margin7.9%7.9%9.9%7.8%8.4%7.6%11.2%7.6%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Generation and Distribution of Electricity, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2021: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 31% of 2,332 trading days over the last 10 years.

LowestHighest
Its median14.9Industry median18.7
Price to book

At or below today's level on 64% of 1,968 trading days since Nov 2018.

LowestHighest
Its median1.1Industry median1.5
EV to EBITDA9.3

At or below today's level on 47% of 1,968 trading days since Nov 2018.

LowestHighest
Its median9.8Industry median9.9
Dividend yield

At or below today's level on 100% of 2,448 trading days over the last 10 years.

LowestHighest
Its median3.19%Industry median1.75%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+1.6%+12.7%−13.4%4.0%
3 years+34.6%+4.7%+25.2%3.5%
5 years+25.1%+3.0%+16.9%4.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters52.11%
  • Foreign institutions11.49%
  • Indian institutions24.94%
  • Governments0.01%
  • Individuals and others11.45%
Holder
Rainbow Investments LimitedPromoter44.36%
Life Insurance Corporation of IndiaInsurance companies6.13%
Quest Capital Markets LimitedPromoter2.19%
Stel Holdings LimitedPromoter1.88%
Mfs International New Discovery FundForeign portfolio investors, category I1.76%
Pcbl Chemical LimitedPromoter1.27%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

93 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 56 of the 63 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Bought for the first time
1
Added
20
Cut
43
Held unchanged
29
Sold out
7
Fund
SBI Mutual Fund logoSBI Balanced Advantage FundSBI Mutual Fund3,70,00,0001.22%₹495.2 Cr
SBI Mutual Fund logoSBI Contra FundSBI Mutual Fund2,18,53,4300.65%₹292.5 Cr
SBI Mutual Fund logoSBI Multi Asset Allocation FundSBI Mutual Fund1,85,44,6081.18%₹248.2 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund1,45,59,8870.36%₹194.9 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund1,27,80,7890.17%₹171.1 Cr
SBI Mutual Fund logoSBI Energy Opportunities FundSBI Mutual Fund1,21,14,5742.04%₹162.2 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund1,11,88,2020.19%₹149.8 Cr
Franklin Templeton Mutual Fund logoFranklin India Small Cap FundFranklin Templeton Mutual Fund1,03,58,0620.97%₹138.6 Cr
SBI Mutual Fund logoSBI Dividend Yield FundSBI Mutual Fund1,00,00,0001.66%₹133.9 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Infrastructure FundICICI Prudential Mutual Fund88,15,1881.43%₹118.0 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Power, 45 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to CESC in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Torrent Power logoTorrent PowerTORNTPOWER58,90625.33.112.8+4.1%−15.4%12.7%11.9%1.71%
NLC India logoNLC IndiaNLCINDIA31,685–1.59.6+16.8%––6.8%1.68%
Acme Solar Holdings logoAcme Solar HoldingsACMESOLAR26,28543.6––+47.5%–12.6%6.4%0.05%
SJVN logoSJVNSJVN18,62729.11.313.8+60.5%−7.4%4.5%5.1%3.16%
Clean Max Enviro Energy Solutions logoClean Max Enviro Energy SolutionsCLEANMAX13,823–3.0–––––0.00%
Nava logoNavaNAVA13,44717.81.58.2+9.0%−27.6%9.2%9.7%1.79%
Juniper Green Energy logoJuniper Green EnergyJNPR13,357–––––––0.00%
Vedanta Power logoVedanta PowerVEDPOWER11,051–5.7–––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹6.00 a share, year to Mar 2026 and year to Mar 2027 so far.
Ex-dateTypePer share
19 Aug 2026Interim₹6.00
27 Oct 2025Interim₹6.00
16 Jan 2025Interim₹4.50
1 Feb 2024Interim₹4.50
24 Feb 2023Interim₹4.50
24 Jan 2022Interim₹4.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

CESC share price by year

Each calendar year to 2025.CESC share price history

YearClose at year endChangeHighest closeLowest close
2025167.56−9.9%189.32122.18
2024185.93+40.3%208.41112.45
2023132.50+73.4%132.5063.20
202276.40−12.7%93.1568.40
202187.50+42.4%98.3558.08
202061.43−16.6%77.0537.82
201973.68+10.2%84.1565.18
201866.84−36.2%117.7266.72
2017104.80+64.1%107.2664.02
201663.85+24.3%67.4541.66
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026130.10130.48123.66124.79125.1028,37,90252.4%
22 Oct 2026130.40131.94128.62129.96130.3115,49,95651.1%
21 Oct 2026134.13134.13130.81131.62132.099,52,81746.6%
19 Oct 2026135.87136.17133.00133.35133.999,03,43950.2%
16 Oct 2026136.49137.30135.25135.90136.016,22,45946.7%
15 Oct 2026138.66138.90135.55135.85136.7010,87,86760.6%
14 Oct 2026136.13139.49135.75138.86137.7122,81,05457.9%
13 Oct 2026136.55138.00135.32136.35136.4410,40,85744.2%
12 Oct 2026133.05138.81133.05136.27137.0220,66,81341.2%
9 Oct 2026129.96133.90128.59133.23131.5321,96,21756.2%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
17 Sep 2021Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About CESC

CESC Limited is an integrated power utility that generates and distributes electricity. It supplies 3.78 million customers across a licensed area of 567 square kilometres in Kolkata, Howrah, Hooghly, North 24 Parganas and South 24 Parganas in West Bengal. Through subsidiaries it also runs generation projects and distribution ventures elsewhere in India. Its registered office is in Kolkata. It was incorporated in 1978.

CESC operates a 750 MW generating station at Budge Budge and a 135 MW station at Garden Reach. Haldia Energy Limited, a 100% subsidiary, operates a 600 MW station at Haldia under a long-term agreement to sell its power to CESC. Dhariwal Infrastructure Limited, also a 100% subsidiary, owns a 2x300 MW thermal project at Chandrapur in Maharashtra. Crescent Power Limited, a subsidiary, owns a 40 MW thermal plant at Asansol and an 18 MW DC solar plant at Ramanathapuram. Purvah Green Power Private Limited, a subsidiary, is the platform for renewable energy investments. Six renewable projects with a combined capacity of 2,400 MW were under implementation, of which 296 MW has since been commissioned.

Outside Kolkata, CESC has been active in private distribution since 1993 through its subsidiary Noida Power Company Limited, which distributes power in Greater Noida, Uttar Pradesh. It also operates three distribution franchisees in Rajasthan and one in Maharashtra. Chandigarh Power Distribution Limited, a subsidiary, began operating as the electricity distribution licensee for the Union Territory of Chandigarh on 1 February 2025.

CESC is a company of the RP-Sanjiv Goenka (RPSG) Group, a diversified business group. Its board includes two non-executive promoter directors. A promoter is the person or group that set up a company or controls it.

Legal name
CESC Limited
NSE symbol
CESC
BSE code
500084
ISIN
INE486A01021
Industry
Power
Listed
Feb 1995
Face value
₹1
CIN
L31901WB1978PLC031411
Corporate identity number, the registrar of companies' code for it