CESC Limited
NSE: CESCINE486A01021·PowerSmallcap 250·www.cesc.co.in ↗·Mcap ₹18,903 Cr·Listed 1995
₹139.86▼ ₹0.03  (−0.02%)
52W: ₹138 – ₹205 · Vol: 24.3L shares · Close 25 Sept
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Quarterly results

consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18
₹ croreQ1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24Q1 FY24Q4 FY23Q3 FY23Q2 FY23Q1 FY23Q4 FY22Q3 FY22Q2 FY22Q1 FY22Q4 FY21Q3 FY21Q2 FY21Q1 FY21Q4 FY20Q3 FY20Q2 FY20Q1 FY20Q4 FY18
Revenue from operations5,4854,0964,00510,4695,2023,8773,5614,7004,8633,3873,2444,3524,3103,1023,1293,9134,1023,0112,8263,4943,2162,8902,5392,9902,4202,4332,3443,0103,2270
Other income2545312574633112933961897446456176232354742642119140940866127213199143232413205122300
Total expenses5,1933,9743,8779,8595,0053,7043,5954,4275,1153,6133,4974,3144,1943,0993,1413,9183,9342,8362,7753,0802,9502,5582,3162,7262,3652,3732,2052,6973,0050
EBITDA8957437791,9258648126108963714103466467245134964906506965459147688407307655776256548357580
EBITDA margin16.3%18.1%19.5%18.4%16.6%20.9%17.1%19.1%7.6%12.1%10.7%14.8%16.8%16.5%15.9%12.5%15.8%23.1%19.3%26.2%23.9%29.1%28.8%25.6%23.8%25.7%27.9%27.7%23.5%–
Finance costs3123173437003633353393283223252963053082892892742652982732782832903043023203603223313440
Depreciation2913043086153043043052953013113033033002212192212172232212222192182031992022051931911920
Profit before tax5466533851,0735084663624624924193644614395504144163595844594803935454344212874733444352520
Tax127194812241048180891044639871105789762139119140113116106509636951021300
Net profit4194593048494043852823733884153013633684453363192974453403402804293283712004462633662310
Net margin7.6%11.2%7.6%8.1%7.8%9.9%7.9%7.9%8.0%12.3%9.3%8.3%8.5%14.3%10.7%8.2%7.2%14.8%12.0%9.7%8.7%14.8%12.9%12.4%8.3%18.3%11.2%12.2%7.2%–
EPS (₹)3.033.312.156.132.922.811.992.672.853.022.122.622.623.272.402.302.163.192.482.5320.4431.9024.4327.9114.9333.1320.1627.4417.510.00
Net profit YoY+3.7%+19.2%+7.8%+127.6%+4.1%−7.2%−6.3%+2.8%+5.4%−6.7%−10.4%+13.8%+23.9%+0.0%−1.2%−6.2%+6.1%+3.7%+3.7%−8.4%+40.0%−3.8%+24.7%+1.4%−13.4%–––––

Annual results

financial years ending March · from the fourth-quarter filings
₹ croreFY26FY25FY24FY23FY22FY21FY20FY18
Revenue from operations18,57017,00115,29314,24612,54411,63911,01416,161
Other income1,2601,6222,0081,5851,013659866347
Total expenses17,71116,84115,61814,09211,64110,54610,28015,028
EBITDA3,4472,6892,1262,1492,9173,1862,8723,381
EBITDA margin18.6%15.8%13.9%15.1%23.3%27.4%26.1%20.9%
Finance costs1,3601,3241,2341,1171,1291,2261,3571,374
Depreciation1,2281,2051,217878885867781874
Profit before tax2,1191,7821,6831,7391,9161,7521,6001,480
Tax501354236342511389363298
Net profit1,6181,4281,4471,3971,4051,3631,3061,155
Net margin8.7%8.4%9.5%9.8%11.2%11.7%11.9%7.1%
EPS (₹)11.6310.3210.3810.1310.25100.4098.240.00
Net profit YoY+13.3%−1.3%+3.6%−0.6%+3.1%+4.4%––
EPS is as filed for each period and is not restated for later bonus issues or splits.

Cash flow

annual · ₹ crore
₹ croreFY26FY25FY24FY23FY22
Operating cash flow4,0572,5822,3521,9782,499
Investing cash flow−3,235−3,013−564−545−575
Financing cash flow1,2051,337−1,642−2,457−611
Capital expenditure3,9161,863771696778
Free cash flow (CFO − capex)1417191,5811,2821,721

Net profit trend

annual, ₹ crore
FY21
₹1,363
FY22
₹1,405+3%
FY23
₹1,397−1%
FY24
₹1,447+4%
FY25
₹1,428−1%
FY26
₹1,618+13%

Result filings

as filed with NSE · PDF and XBRL
PeriodBasisFiledDocuments
Q1 FY27Consolidated13 Aug 2026 PDF XBRL
Q1 FY27Standalone13 Aug 2026 PDF XBRL
Q4 FY26Consolidated · audited6 May 2026PDF on NSE XBRL
Q4 FY26Standalone · audited6 May 2026PDF on NSE XBRL
Q3 FY26Consolidated6 Feb 2026PDF on NSE XBRL
Q3 FY26Standalone6 Feb 2026PDF on NSE XBRL
Q2 FY26Consolidated– PDF XBRL
Q2 FY26Consolidated17 Oct 2025 PDF XBRL
Q2 FY26Standalone17 Oct 2025 PDF XBRL
Q2 FY26Standalone– PDF XBRL

Annual reports

NSE archive
Key ratios
P/E (TTM)5Y avg 11.1×9.2×
P/B5Y avg 1.43×1.48×
ROEFY26, on average equity13.2%
Net margin8.7%
Debt / equity1.70×
Revenue CAGR (3Y)9.2%
Profit CAGR (3Y)5.0%
EPS (TTM)₹15.27
Market cap₹18,601 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.48×
vs 8-point avg 1.43× (+4%)
0.81× low1.43× avg2.22× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹46,470 Cr+13%
Net worth₹12,530 Cr+4%
Total borrowings₹21,319 Cr+19%
Cash & bank balances₹4,208 Cr+93%
Investments₹154 Cr+161%
Inventories₹698 Cr−4%
Trade receivables₹2,416 Cr−0%
Trade payables₹1,848 Cr+16%
Change vs the same date a year earlier.
Revenue mix FY18
Power63.8%result ₹2,508 Cr
Process Outsourcing21.5%result ₹397 Cr
Retail14.0%result ₹−118 Cr
Property0.8%result ₹67 Cr
Segment revenue as reported, before inter-segment eliminations.
Shareholding 30 Jun 2026
%Jun 26Mar 26Dec 25Sept 25Jun 25Mar 25Dec 24Sept 24Jun 24Mar 24Dec 23Sept 23
Promoter52.1152.1152.1152.1152.1152.1152.1152.1152.1152.1152.1152.11
FII11.4711.6111.8811.0810.9311.0112.3613.3013.5612.9011.9513.13
DII26.1426.2325.6225.6525.3825.1023.7622.6322.6321.1321.4420.07
of which MF18.2718.1017.4117.4217.62–––––––
Retail7.987.677.988.548.819.048.939.158.8110.4710.9611.14
Other public2.302.382.412.622.772.742.842.812.893.393.543.55
3,46,570 shareholders · NSE shareholding pattern filings.