CESC Ltd (CESC) — shareholding pattern, promoter holding, financials and share price
About CESC Ltd (CESC)
CESC Ltd operates in the Integrated Power Utilities industry, within the Power sector. It trades on the NSE as CESC and on the BSE under scrip code 500084. Its ISIN is INE486A01021.
Incorporated in 1978, CESC Ltd is in the business of generation and distribution of Electricity [1]
CESC Limited is an integrated Indian power utility engaged in generation, transmission and distribution of electricity across multiple licensed areas, serving approximately 4.8 million consumers with ~2,140 MW thermal generation and an expanding portfolio of distribution franchises and generation subsidiaries across seven locations.
The company is aggressively transitioning to clean energy, targeting 3.2 GW of renewable capacity by FY29 and 10 GW by FY32, with ~2,150 MW already under implementation, signed PPAs/LOAs, and a disclosed Phase‑1 capex of ~Rs.14,800 crore, signalling a major strategic pivot to renewables and hybrid/BESS bids.
Listed peers in Integrated Power Utilities: SJVN Ltd, ACME Solar Holdings Ltd, IndiGrid Infrastructure Trust, Nava Ltd, Vedanta Power Ltd, Clean Max Enviro Energy Solutions Ltd.
Valuation & Returns
10 Jul 2026At ₹164 a share on 10 Jul 2026, CESC Ltd (CESC) was valued at a price-to-earnings ratio of 13.49x against an industry P/E of 25.26x and a price-to-book of 1.81x on a book value of ₹90.6 per share as of Mar 2025. Solomo computes return on equity of 13.42% and return on capital employed of 11.57% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 13.49x
- Industry P/E
- 25.26x
- P/B
- 1.81x
- EPS (TTM)
- ₹12.16
- Book value / share
- ₹90.6
- ROE
- 13.42%
- ROCE
- 11.57%
- ROA
- 3.93%
- Debt / equity
- 1.5x
- Dividend yield
- 3.66%
- EBITDA margin
- 25.32%
- 52-week range
- ₹138.12 – ₹204.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, CESC Ltd (CESC) reported revenue of ₹18,570 crore, net profit of ₹1,618 crore and earnings per share of ₹11.63. That compares with revenue of ₹17,001 crore and net profit of ₹1,428 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹4,096 crore and net profit ₹459 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 12,544 | 14,246 | 15,293 | 17,001 | 18,570 |
| Net profit (₹ cr) | 1,404 | 1,397 | 1,447 | 1,428 | 1,618 |
| EPS (₹) | 10.25 | 10.13 | 10.38 | 10.33 | 11.63 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 3.89% | 4.11% | 9.53% | 11.17% |
| Profit growth | -0.61% | -2.71% | -0.66% | -1.34% |
| Stock price CAGR | 13% | 15% | 30% | -8% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 52.11% of CESC Ltd (CESC) (unchanged from the previous quarter), foreign institutional investors (FII) hold 11.47% and domestic institutional investors (DII) hold 26.14%. Market capitalisation was ₹21,739 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Sbi Balanced Advantage Fund 7.49%, Life Insurance Corporation of India 6.13%, Franklin India Small Cap Fund 3.1%, Nippon Life India Trustee Ltd-A/C Nippon India Multi Cap Fund 2.47%, Mfs International New Discovery Fund 1.86%, Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund 1.54%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 52.11% | - | 11.47% | 26.14% | 47.89% |
| Mar 2026 | 52.11% | - | 11.61% | 26.23% | 47.89% |
| Dec 2025 | 52.11% | - | 11.88% | 25.62% | 47.89% |
| Sep 2025 | 52.11% | - | 11.08% | 25.65% | 47.89% |
| Jun 2025 | 52.11% | - | 10.93% | 25.38% | 47.89% |
| Mar 2025 | 52.11% | - | 11.01% | 25.1% | 47.89% |
| Dec 2024 | 52.11% | - | 12.36% | 23.76% | 47.89% |
| Sep 2024 | 52.11% | - | 13.3% | 22.63% | 47.89% |