CESC (NSE:CESC) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

CESC NSE:CESC +0.28% 84 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates NSE:CESC with a GF Score™ of 84/100 and a GF Value™ of ₹179.84 (Fairly Valued). The stock has 3 warning signs investors should review. Among 373 Utilities - Regulated companies, CESC ranks better than 52.82% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. CESC's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for CESC's Dividend Payout Ratio or its related term are showing as below:

NSE:CESC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.43 Max: 0.52
Current: 0.52

During the past 13 years, the highest Dividend Payout Ratio of CESC was 0.52. The lowest was 0.17. And the median was 0.43.

NSE:CESC's Dividend Payout Ratio is ranked better than
52.82% of 373 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs NSE:CESC: 0.52

As of today (2026-07-03), the Dividend Yield % of CESC is 3.53%.

During the past 13 years, the highest Trailing Annual Dividend Yield of CESC was 7.54%. The lowest was 2.08%. And the median was 3.39%.

CESC's Dividends per Share for the months ended in Mar. 2026 was ₹0.00.

During the past 12 months, CESC's average Dividends Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CESC was 56.00% per year. The lowest was -2.70% per year. And the median was 15.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

CESC (NSE:CESC) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

CESC Dividend Payout Ratio Related Terms

CESC Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for CESC's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CESC Dividend Payout Ratio Chart

CESC Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.44

0.45

0.43

0.44

0.52

CESC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															1.60	0.00	0.00	2.79	0.00

NSE:CESC vs NEE, SO, DUK: Dividend Payout Ratio Comparison

For the Utilities - Regulated Electric subindustry, CESC's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CESC Dividend Payout Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CESC's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where CESC's Dividend Payout Ratio falls into.

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84GF Score

CESC Ltd NSE:CESC

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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CESC Dividend Payout Ratio Calculation

CESC's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2026 )	/	EPS without NRI (A: Mar. 2026 )
	=	6	/	11.63
	=	0.52

CESC's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0	/	3.31
	=	0.00

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

CESC (NSE:CESC) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on CESC and its competitors. Over the past decade, CESC's Dividend Payout Ratio has ranged from 0.17 to 0.52. According to the industry distribution chart, CESC ranks #176 out of 373 companies in the Utilities - Regulated industry, placing it in the top 47.2%.

Is CESC's Dividend Payout Ratio too high?

CESC's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.52. Based on the distribution chart, CESC ranks #176 out of 373 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, CESC has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does CESC's Dividend Payout Ratio compare to NEE and SO?

According to the Utilities - Regulated industry distribution chart, CESC ranks #176 out of 373 companies for Dividend Payout Ratio. This puts CESC in the upper half of its industry. The industry median Dividend Payout Ratio is 0.54. Historically, CESC's own Dividend Payout Ratio has ranged from 0.17 to 0.52 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Utilities - Regulated company?

The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 373 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on CESC and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CESC's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CESC stock overvalued right now?

Based on GuruFocus' analysis, CESC (NSE:CESC) is currently considered Fairly Valued. The stock's GF Value™ is ₹179.84, compared to a current price of ₹170.20 — trading 5.4% below its estimated fair value. The current Dividend Payout Ratio is 0.00. CESC's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For CESC (NSE:CESC), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CESC (NSE:CESC) Overvalued in 2026?

Based on GuruFocus' analysis, CESC stock appears to be undervalued. The current stock price of ₹170.20 is trading 5.4% below its estimated GF Value™ of ₹179.84. GuruFocus considers CESC to be Fairly Valued.

Key valuation signals for NSE:CESC:

Dividend Payout Ratio: 0.00
GF Value™: ₹179.84 vs. price of ₹170.20 (5.4% below fair value)
GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the NSE:CESC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CESC Business Description

Industry Utilities Utilities - Regulated

Comparable Companies BOM:543655 BOM:517300 BOM:544042 NSE:DPSCLTD BOM:513683 BOM:532219 BOM:523222 BOM:536709 NEE SO DUK LSE:NG.AEP D ETR XEL EXC XMAD:ELE PEG ED

Other Exchanges 500084:India

Address CESC House, Chowringhee Square, Kolkata, WB, IND, 700 001

Website https://www.cesc.co.in

CESC Ltd is engaged in the generation and distribution of electricity, which is the only reportable business segment. The group generates the majority of its revenue from the sale of electricity to consumer households and commercial establishments in the state of West Bengal in India.

84GF Score

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₹170.20

Price

₹179.84

GF Value

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