| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 5,485 | 5,202 | +5.4% |
| EBITDA | 895 | 864 | +3.6% |
| EBITDA margin | 16.3% | 16.6% | −0.3 pts |
| Profit before tax | 546 | 508 | +7.5% |
| Net profit | 419 | 404 | +3.7% |
| EPS | ₹3.03 | ₹2.92 | +3.8% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 16,440 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 4,307 | 4,307 | 2,181 | 1,280 | 1,129 | ||
| 659 | 659 | 593 | 540 | 479 | ||
| 21,319 | 21,319 | 17,978 | 14,363 | 14,262 | ||
| 34,111 | — | — | — | — | ||
| 18,853 | 18,570 | 17,001 | 15,293 | 14,246 | ||
| — | +9.2% | +11.2% | +7.3% | — | ||
| 3,478 | 3,447 | 2,689 | 2,126 | 2,149 | ||
| 18.4% | 18.6% | 15.8% | 13.9% | 15.1% | ||
| 2,264 | 2,219 | 1,484 | 909 | 1,271 | ||
| 1,627 | 1,618 | 1,428 | 1,447 | 1,397 | ||
| 8.6% | 8.7% | 8.4% | 9.5% | 9.8% | ||
| ₹11.66 | ₹11.59 | ₹10.29 | ₹10.35 | ₹10.10 | ||
| — | +12.6% | −0.5% | +2.5% | — | ||
| — | 4,057 | 2,582 | 2,352 | 1,978 | ||
| — | −3,916 | −1,863 | −771 | −696 | ||
| 141 | 141 | 719 | 1,581 | 1,282 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 16,440.1 | |
| - Cash, Equiv & ST Investments | 1,129.0 | 1,280.0 | 2,181.0 | 4,307.0 | 4,307.0 | |
| + Minority Interest | 479.0 | 540.0 | 593.0 | 659.0 | 659.0 | |
| + Total Debt | 14,262.0 | 14,363.0 | 17,978.0 | 21,319.0 | 21,319.0 | |
| Enterprise Value | — | — | — | — | 34,111.1 | |
| Revenue | 14,246.0 | 15,293.0 | 17,001.0 | 18,570.0 | 18,853.0 | |
| Growth %, YoY | — | +7.3 | +11.2 | +9.2 | — | |
| EBITDA | 2,149.0 | 2,126.0 | 2,689.0 | 3,447.0 | 3,478.0 | |
| Margin % | 15.08 | 13.90 | 15.82 | 18.56 | 18.45 | |
| EBIT | 1,271.0 | 909.0 | 1,484.0 | 2,219.0 | 2,264.0 | |
| Net Income | 1,397.0 | 1,447.0 | 1,428.0 | 1,618.0 | 1,627.0 | |
| Margin % | 9.81 | 9.46 | 8.40 | 8.71 | 8.63 | |
| EPS, Adj (current shares) | 10.10 | 10.35 | 10.29 | 11.59 | 11.66 | |
| Growth %, YoY | — | +2.5 | -0.5 | +12.6 | — | |
| Cash from Operations | 1,978.0 | 2,352.0 | 2,582.0 | 4,057.0 | — | |
| Capital Expenditures | -696.0 | -771.0 | -1,863.0 | -3,916.0 | — | |
| Free Cash Flow | 1,282.0 | 1,581.0 | 719.0 | 141.0 | 141.0 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
CESC (NSE: CESC) had a market capitalisation of ₹17,043 crore at the 29 October 2026 close (₹128.14 a share), a PE ratio of 11.0 on the last four quarters' profit and a price-to-book ratio of 1.36. In FY26 its consolidated net profit attributable to shareholders was ₹1,542 crore on revenue of ₹18,570 crore; in Q1 FY27 (April–June 2026) it was ₹402 crore, up 3.9% year on year. Its debt-to-equity ratio was 1.62 on 31 March 2026. Promoters held 52.11% of the shares on 30 September 2026.
CESC's PE ratio is 11.0 at the 29 October 2026 close (₹128.14 a share): a market capitalisation of ₹17,043 crore divided by consolidated net profit attributable to shareholders of ₹1,551 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹1,542 crore) it is 11.1.
CESC's price-to-book (PB) ratio is 1.36 at the 29 October 2026 close: a market capitalisation of ₹17,043 crore divided by shareholders' equity (book value) of ₹12,530 crore on 31 March 2026. That is a book value of ₹94.21 per share against a share price of ₹128.14.
CESC's net worth — shareholders' equity in its consolidated balance sheet — was ₹12,530 crore on 31 March 2026, up 4.3% from ₹12,009 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹17,043 crore at the 29 October 2026 close.
CESC's market capitalisation was ₹17,043 crore at the 29 October 2026 close: 133 crore shares at ₹128.14 each.
CESC's basic earnings per share (EPS) were ₹11.63 in FY26, against ₹10.32 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹11.70.
In 2026, CESC has declared one dividend: ₹6 (interim) with record date 19 August 2026.
No. CESC had borrowings of ₹21,319 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.62. Its cash and current investments were ₹5,671 crore, so its net debt was ₹15,648 crore.
CESC's debt-to-equity ratio was 1.62 on 31 March 2026: borrowings of ₹21,319 crore against total equity of ₹13,189 crore. A year earlier, on 31 March 2025, it was 1.43.
Promoters held 52.11% of CESC on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, CESC's return on equity (ROE) was 12.6% and its return on capital employed (ROCE) was 6.5%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 11.7% and ROCE 4.7%.
CESC's book value per share was ₹94.21 on 31 March 2026: shareholders' equity of ₹12,530 crore divided by the 133 crore shares in issue, up 4.3% from ₹90.29 a year earlier. The share price at the 29 October 2026 close was ₹128.14.
On 30 September 2026, CESC's shares were held by promoters 52.11%, foreign portfolio investors (FII/FPI) 11.49%, domestic institutions (DII) 24.94% (including mutual funds at 17.29%) and retail and other non-institutional investors 11.45%. Over the year, FII holding was up 0.41 percentage points from 11.08% and DII holding was down 0.71 percentage points from 25.65%.
CESC's dividend yield is 4.68% at the 29 October 2026 close: dividends of ₹6 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹128.14. They were ₹6 on 19 August 2026 (interim).
CESC's latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit attributable to shareholders ₹402 crore, up 3.9% from ₹387 crore in Q1 FY26; revenue from operations ₹5,485 crore, up 5.4% year on year.
In FY26 (April 2025–March 2026), CESC's consolidated net profit attributable to shareholders was ₹1,542 crore, up 12.6% from ₹1,369 crore in FY25, on revenue from operations of ₹18,570 crore (up 9.2%). Over three years, from FY23, net profit was up 14.8%.
In FY26, CESC generated ₹4,057 crore of cash from operations and spent ₹3,916 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹141 crore. In FY25 it was ₹719 crore.
CESC will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, CESC's PE ratio is 11.1, the lowest of the four: Tata Power 29.4, Torrent Power 24.6 and NTPC 11.1, a peer average of 21.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Tata Power, Torrent Power and NTPC: CESC's operating margin of 12.0% is the lowest of the four (Tata Power 13.3%, Torrent Power 13.6%, NTPC 19.0%; peer average 15.3%); its return on equity of 12.6% is the third highest of the four (Tata Power 10.0%, Torrent Power 13.2%, NTPC 14.0%; peer average 12.4%); its revenue growth over three years of 9.2% a year is the highest of the four (Tata Power 4.2% a year, Torrent Power 4.1% a year, NTPC 2.1% a year; peer average 3.5% a year).
In FY26, CESC earned net profit attributable to shareholders of ₹1,542 crore on revenue of ₹18,570 crore, against ₹3,747 crore on ₹62,429 crore for Tata Power. CESC's operating margin was 12.0% (Tata Power 13.3%) and its return on equity 12.6% (Tata Power 10.0%). At the 29 October 2026 close, CESC's market capitalisation was ₹17,043 crore against ₹1,10,104 crore for Tata Power, and its PE ratio on FY26 profit 11.1 against 29.4.
From CESC's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.