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NSE Close — 25 Sep 2026
₹139.86
Change
-0.03 (-0.02%)
Open
₹140.24
Prev. Close
₹139.89
Day High
₹140.75
Day Low
₹137.63
Volume Analysis
Traded
2,429,335
Delivered
1,289,653
Delivery %
53.09%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (2)
- •Trading within 3% of its 52-week low (₹138.0)
- •High debt-to-equity ratio (1.73)
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹144.31 | ₹142.53 | ₹141.19 | ₹139.41 | ₹138.07 | ₹136.29 | ₹134.95 |
| Fibonacci | ₹142.53 | ₹141.34 | ₹140.6 | ₹139.41 | ₹138.22 | ₹137.48 | ₹136.29 |
| Camarilla | ₹140.72 | ₹140.43 | ₹140.15 | ₹139.41 | ₹139.57 | ₹139.29 | ₹139.0 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-16.3%
1 Week
-2.52%
1 Month
-5.57%
3 Months
-17.15%
6 Months
-8.66%
1 Year
-14.48%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹157.25
Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
12.84%
Net margin 8.65% × asset turnover 0.4x × equity multiplier 3.71x
Company Overview
Sector
Power
Market Cap
₹18,956 Cr
P/E (TTM)
12.2
ROE
12.0%
Book Value
₹94.5
Face Value
₹1.0
Source: Screener.in (Consolidated figures) — data as of 23 Sep 2026. Not investment advice.
TopFund Analysis
CESC Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Power sector, at 52/100. The strongest factor is Corporate Governance (88/100), while Momentum (8/100) is the weakest area to weigh before deciding. Notably: Trading within 3% of its 52-week low (₹138.0); high debt-to-equity ratio (1.73). FII holding has been falling.
TopFund Score — Fundamentals Quality
52/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Stock is providing a good dividend yield of 4.21%.
- +Company has been maintaining a healthy dividend payout of 46.4%
- −The company has delivered a poor sales growth of 9.81% over past five years.
- −Company has a low return on equity of 11.8% over last 3 years.
- −Company might be capitalizing the interest cost
- −Earnings include an other income of Rs.1,198 Cr.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Approved issue of 19,000 secured NCDs aggregating Rs. 190 crore, maturing 24 September 2031.
Committee to consider issue of secured, unlisted, redeemable rated NCDs on September 22, 2026.
Fire at Panihati Distribution sub-station on Sept. 13; 80% supply restored in two hours, full in 3.5 hours.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 4,310 | 4,352 | 3,244 | 3,387 | 4,863 | 4,700 | 3,561 | 3,877 | 5,202 | 5,267 | 4,005 | 4,096 | 5,485 |
| Expenses + | 3,586 | 3,706 | 2,898 | 2,977 | 4,492 | 3,804 | 2,951 | 3,065 | 4,338 | 4,206 | 3,226 | 3,353 | 4,590 |
| Operating Profit | 724 | 646 | 346 | 410 | 371 | 896 | 610 | 812 | 864 | 1,061 | 779 | 743 | 895 |
| OPM % | 17.0% | 15.0% | 11.0% | 12.0% | 8.0% | 19.0% | 17.0% | 21.0% | 17.0% | 20.0% | 19.0% | 18.0% | 16.0% |
| Other Income + | 323 | 423 | 617 | 645 | 744 | 189 | 396 | 293 | 311 | 156 | 257 | 531 | 254 |
| Interest | 308 | 305 | 296 | 325 | 322 | 328 | 339 | 335 | 363 | 337 | 343 | 317 | 312 |
| Depreciation | 300 | 303 | 303 | 311 | 301 | 295 | 305 | 304 | 304 | 311 | 308 | 304 | 291 |
| Profit before tax | 439 | 461 | 364 | 419 | 492 | 462 | 362 | 466 | 508 | 569 | 385 | 653 | 546 |
| Tax % | 16.0% | 21.0% | 17.0% | 1.0% | 21.0% | 19.0% | 22.0% | 17.0% | 20.0% | 21.0% | 21.0% | 30.0% | 23.0% |
| Net Profit + | 368 | 363 | 301 | 415 | 388 | 373 | 282 | 385 | 404 | 448 | 304 | 459 | 419 |
| EPS in Rs | 3 | 3 | 2 | 3 | 3 | 3 | 2 | 3 | 3 | 3 | 2 | 3 | 3 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 11,067 | 12,124 | 8,363 | 10,275 | 10,664 | 12,159 | 11,632 | 12,544 | 14,246 | 15,293 | 17,001 | 18,570 | 18,853 |
| Expenses + | 9,088 | 8,839 | 5,510 | 7,235 | 7,738 | 8,902 | 8,338 | 9,509 | 11,972 | 13,017 | 14,152 | 14,947 | 15,375 |
| Operating Profit | 1,979 | 3,285 | 2,854 | 3,040 | 2,926 | 3,257 | 3,293 | 3,035 | 2,274 | 2,276 | 2,849 | 3,624 | 3,478 |
| OPM % | 18.0% | 27.0% | 34.0% | 30.0% | 27.0% | 27.0% | 28.0% | 24.0% | 16.0% | 15.0% | 17.0% | 20.0% | 18.0% |
| Other Income + | 153 | 116 | 475 | 454 | 1,163 | 842 | 665 | 1,013 | 1,584 | 2,000 | 1,619 | 1,255 | 1,198 |
| Interest | 1,045 | 1,593 | 1,482 | 1,411 | 1,432 | 1,484 | 1,340 | 1,248 | 1,241 | 1,377 | 1,479 | 1,532 | 1,309 |
| Depreciation | 589 | 766 | 715 | 751 | 764 | 848 | 867 | 885 | 878 | 1,217 | 1,205 | 1,228 | 1,214 |
| Profit before tax | 498 | 1,042 | 1,131 | 1,331 | 1,893 | 1,768 | 1,752 | 1,915 | 1,739 | 1,683 | 1,783 | 2,119 | 2,153 |
| Tax % | 40.0% | 30.0% | 28.0% | 27.0% | 37.0% | 26.0% | 22.0% | 27.0% | 20.0% | 14.0% | 20.0% | 24.0% | — |
| Net Profit + | 299 | 729 | 810 | 975 | 1,198 | 1,309 | 1,363 | 1,404 | 1,397 | 1,447 | 1,429 | 1,618 | 1,630 |
| EPS in Rs | 2 | 5 | 5 | 7 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 12 | 12 |
| Dividend Payout % | 60.0% | 22.0% | 19.0% | 18.0% | 20.0% | 21.0% | 45.0% | 44.0% | 45.0% | 44.0% | 44.0% | 52.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 5,896 | 10,470 | 10,489 | 8,287 | 8,841 | 9,278 | 9,740 | 10,263 | 10,777 | 11,312 | 11,877 | 12,397 |
| Borrowings + | 14,202 | 14,877 | 15,599 | 14,578 | 14,479 | 13,991 | 14,277 | 14,961 | 14,263 | 14,544 | 17,978 | 21,671 |
| Other Liabilities + | 7,629 | 10,947 | 11,248 | 9,988 | 10,017 | 12,055 | 11,712 | 12,136 | 12,539 | 11,179 | 11,022 | 12,269 |
| Total Liabilities | 27,860 | 36,428 | 37,470 | 32,986 | 33,470 | 35,457 | 35,862 | 37,493 | 37,712 | 37,168 | 41,010 | 46,470 |
| Fixed Assets + | 20,869 | 26,500 | 26,626 | 23,854 | 23,649 | 24,739 | 24,197 | 23,216 | 22,826 | 22,131 | 22,847 | 22,840 |
| CWIP | 410 | 505 | 392 | 217 | 161 | 168 | 134 | 102 | 140 | 175 | 403 | 2,905 |
| Investments | 670 | 1,002 | 1,110 | 1,174 | 1,185 | 180 | 308 | 460 | 77 | 57 | 59 | 154 |
| Other Assets + | 5,912 | 8,420 | 9,343 | 7,742 | 8,474 | 10,371 | 11,222 | 13,716 | 14,669 | 14,806 | 17,701 | 20,570 |
| Total Assets | 27,860 | 36,428 | 37,470 | 32,986 | 33,470 | 35,457 | 35,862 | 37,493 | 37,712 | 37,168 | 41,010 | 46,470 |
| Equity Capital | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 889 | 2,480 | 2,655 | 2,469 | 2,294 | 3,408 | 2,806 | 2,499 | 1,978 | 2,351 | 2,581 | 4,057 |
| Cash from Investing Activity + | -2,381 | -1,220 | -1,493 | -1,606 | -686 | -466 | -1,489 | -575 | -545 | -564 | -3,012 | -3,235 |
| Cash from Financing Activity + | 1,331 | -1,181 | -760 | -1,485 | -1,737 | -2,219 | -1,739 | -611 | -2,457 | -1,642 | 1,337 | 1,205 |
| Net Cash Flow | -161 | 80 | 402 | -623 | -130 | 723 | -423 | 1,313 | -1,024 | 146 | 906 | 2,027 |
| CFO/OP | 58 | 86 | 105 | 93 | 89 | 114 | 95 | 95 | 100 | 123 | 104 | 124 |
| Free Cash Flow | -1,051 | 1,255 | 1,205 | 1,587 | 1,462 | 2,495 | 2,132 | 1,729 | 1,288 | 1,586 | 729 | 148 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 14.68% | 14.49% | 13.83% | 11.7% | 11.96% | 11.78% | 11.77% | 11.56% | 11.14% | 10.39% | 10.05% | 10.26% |
| Promoters | 52.11% | 52.11% | 52.11% | 52.11% | 52.11% | 52.11% | 52.11% | 52.11% | 52.11% | 52.11% | 52.11% | 52.11% |
| Government | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| FII | 13.14% | 11.95% | 12.91% | 13.56% | 13.3% | 12.36% | 11.01% | 10.93% | 11.09% | 11.88% | 11.61% | 11.46% |
| DII | 20.06% | 21.44% | 21.12% | 22.63% | 22.63% | 23.75% | 25.1% | 25.38% | 25.65% | 25.61% | 26.24% | 26.14% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Power — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| CESC Ltd (this stock) | 18,956 | 12.2 | 1.51 | 12.0% |
| Clean Max Enviro En Sol L | 16,703 | 107.0 | 3.59 | 1.76% |
| Nava Limited | 15,623 | 20.6 | 1.78 | 9.33% |
| Juniper Green Energy Ltd | 15,289 | 580.0 | — | 0.43% |
| SJVN Ltd | 24,270 | 38.0 | 1.71 | 4.58% |
| Vedanta Power Limited | 12,885 | 21.0 | — | — |
| Jaiprakash Power Ven. Ltd | 10,815 | 13.0 | 0.85 | 3.6% |
Which Mutual Funds Hold CESC Ltd?
Frequently Asked Questions about CESC Ltd
CESC Ltd (CESC) closed at ₹139.86 on NSE on 25 September 2026, down 0.03 (0.02%) from the previous close.
CESC Ltd trades on the NSE (National Stock Exchange of India) under the symbol CESC.
CESC Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 12.2.
CESC Ltd has a dividend yield of 4.2%.
CESC Ltd's 52-week high is ₹204.0 and its 52-week low is ₹138.0.
CESC Ltd has a market capitalisation of ₹18,956 crore.
CESC Ltd has a TopFund Quality Score of 52/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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