CESC Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook

The CESC share price forecast comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 130.58 on NSE as of 9 October 2026, 36.1% below its 52-week high of Rs 204.50, after the company reported net profit of Rs 1,617.57 crore for FY26.

This CESC stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.

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CESC Share Price Today and Key Data

The CESC share price today is Rs 130.58 on NSE, up 1.44% on the day. The market capitalisation stands at Rs 17,080 crore. Over the past year the price has fallen 23.3% from Rs 170.25. Every CESC stock forecast figure below starts from this price.

Metric	Value
Company	CESC (CESC)
Current Price	Rs 130.58
52-Week High	Rs 204.50 (4 May 2026)
52-Week Low	Rs 128.31 (8 October 2026)
Market Cap	Rs 17,080 crore
PE Ratio	10.48
Industry PE	22.17
PB Ratio	1.36
EPS (TTM)	Rs 12.30
Return on Equity	12.31%
Debt to Equity	1.73
Dividend Yield	4.68%
Book Value per Share	Rs 94.52

What Is the CESC Share Price Prediction for 2027?

The CESC share price prediction for 2027 is a conservative case of Rs 135, a base case of Rs 141 and a bull case of Rs 169. Against Rs 130.58, these imply 3.4% upside, 8.0% upside and 29.4% upside. They are model scenarios built from reported EPS growth, not broker targets.

Scenario	EPS Growth Basis	EPS Estimate	PE Multiple	Implied Value	Upside vs Current Price
Conservative Case	Lower of FY26 growth (12.6%) and 4-year CAGR (3.2%)	Rs 12.69 (+3.2%)	Unchanged from today (price to EPS ratio kept constant)	Rs 135	+3.4%
Base Case	Average of the two	Rs 13.27 (+7.9%)	Unchanged from today (price to EPS ratio kept constant)	Rs 141	+8.0%
Bull Case	Higher of the two	Rs 13.85 (+12.6%)	Re-rated 15.0% toward industry PE of 22.17 (still at or below it)	Rs 169	+29.4%

Each target takes today's price of Rs 130.58 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. The bull case also re-rates the PE multiple toward the industry level, because the stock trades below it. Together they form the CESC target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.

CESC Share Price Forecast: What Has to Go Right by 2027

Each CESC target price below depends on a specific EPS outcome, and the text states that outcome next to the number.

Conservative Case for the CESC Share Price Target: Rs 135

Reaching Rs 135 needs EPS to rise 3.2% to Rs 12.69 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 3.2%.

Base Case for the CESC Share Price Target: Rs 141

Reaching Rs 141 needs EPS to rise 7.9% to Rs 13.27, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 3.7% in Q1 FY27 is below that pace, so earnings need to speed up to reach this level.

Bull Case for the CESC Share Price Target: Rs 169

Reaching Rs 169 needs EPS to rise 12.6% to Rs 13.85 and the PE multiple to re-rate 15.0% toward the industry PE. That sits inside the 52-week range of Rs 128.31 to Rs 204.50. A daily close above the nearest resistance level of Rs 140.66 (Supertrend) would be the first technical confirmation.

CESC Financial Performance: Revenue, Profit and Margins

CESC earned net profit of Rs 1,617.57 crore on revenue of Rs 18,927.29 crore in FY26, with profit up 13.2% and revenue up 8.9% compared with FY25. Diluted EPS was Rs 11.63 against Rs 10.33 a year earlier, and that earnings base anchors the CESC share price forecast.

Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Operating Margin	Net Margin
FY22	12,826.70	1,404.08	10.25	32.27%	10.95%
FY23	14,555.12	1,397.33	10.13	27.08%	9.60%
FY24	15,544.26	1,447.29	10.38	27.96%	9.31%
FY25	17,375.49	1,428.93	10.33	26.28%	8.22%
FY26	18,927.29	1,617.57	11.63	26.27%	8.55%

In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 5,559 crore against Rs 5,285 crore a year earlier (+5.2%), and the bottom line was a net profit of Rs 419 crore against a net profit of Rs 404 crore (+3.7%). Operating margin was 20.95% versus 22.59% in the year-ago quarter. Cash flow from operations was Rs 4,057.49 crore in FY26 against Rs 2,581.44 crore in FY25. Together these figures set the earnings base for the CESC share price prediction.

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Is CESC Overvalued or Undervalued Right Now?

CESC trades at a PE of 10.48 against an industry PE of 22.17, which places the stock at a 52.7% discount to the industry average. The price-to-book ratio is 1.36 on a book value of Rs 94.52 per share. Return on equity of 12.31% means the company earns Rs 12.31 of profit for every Rs 100 of shareholder equity.

Debt to equity is 1.73, so borrowings equal about 173% of shareholder equity. The company declared a dividend of Rs 6.00 per share for FY26, a yield of 4.68% at the current price. This valuation context frames the CESC stock price prediction for 2027 without relying on any outside forecast.

CESC Stock Analysis: Technical Outlook

CESC stock trades below its 50-day SMA of Rs 149.59 and below its 200-day EMA of Rs 160.10, and the combined daily indicators read bearish. The 52-week high of Rs 204.50 was set on 4 May 2026, while the 52-week low of Rs 128.31 came on 8 October 2026.

Indicator	Reading	Signal
RSI (14)	27.40	Oversold
MACD (12,26,9)	-5.38 vs signal -5.10	Bearish
ADX (14)	41.87	Established trend
Supertrend (10,3)	Price below Rs 140.66	Bearish
50-day SMA	Rs 149.59	Price below
200-day EMA	Rs 160.10	Price below

The nearest support level sits at Rs 128.31 (52-week low). The nearest resistance level sits at Rs 140.66 (Supertrend) and Rs 149.59 (50-day SMA). A sustained move above the nearest resistance would support the CESC share price prediction 2027 base case, and this CESC stock analysis uses daily candles only. Chart signals add context to the CESC share price target without changing the earnings maths.

CESC Shareholding Pattern

Promoters hold 52.11% of CESC as of Jun 2026, unchanged across the last 5 quarters. FII holding is 11.47% (up from 10.93% in Jun 2025) and DII holding is 26.14% (up from 25.38% in Jun 2025), which puts combined institutional holding at 37.61%. Public shareholders own 10.28%. Shareholding data is one input for any CESC stock forecast.

Key Risks to the CESC Share Price Target for 2027

Earnings and Margin Risk

Operating margin has ranged from 26.27% to 32.27% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the CESC stock forecast. Revenue was up 8.9% in FY26, and slower revenue growth would weigh on the profit path.

Size and Liquidity Risk

Market capitalisation stands at Rs 17,080 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any CESC stock price target.

Balance Sheet Risk

Debt to equity of 1.73 means borrowings stand at about 173% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the CESC share price forecast.

Technical Risk

The daily indicators read bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 128.31 (52-week low) would weaken the setup further.

Conclusion

This CESC stock analysis puts the share price target range for 2027 at Rs 135 to Rs 169, with a base case of Rs 141 against Rs 130.58 today. The inputs are a PE of 10.48 that sits at a 52.7% discount to the industry average, EPS growth of 12.6% in FY26 and a daily technical setup that reads bearish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.

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Frequently Asked Questions on CESC Share Price Prediction 2027

What is the CESC share price target for 2027?

Ans. The CESC share price forecast for 2027 has a conservative case of Rs 135, a base case of Rs 141 and a bull case of Rs 169. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.

What is the CESC share price today?

Ans. CESC trades at Rs 130.58 on NSE as of 9 October 2026, up 1.44% on the day. The 52-week range is Rs 128.31 to Rs 204.50.

Is CESC a good stock to buy for 2027?

Ans. The data points in different directions: the PE of 10.48 is at a 52.7% discount to the industry average, EPS grew 12.6% in FY26 and the daily technical setup reads bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.

Can CESC stock reach Rs 169 in 2027?

Ans. Reaching Rs 169 needs EPS to rise 12.6% from Rs 12.30 and the PE multiple to re-rate toward the industry PE of 22.17, plus a daily close above Rs 140.66 (Supertrend). This is a scenario, not a guarantee.

What are the support and resistance levels for CESC?

Ans. The nearest support levels are Rs 128.31 (52-week low), and the nearest resistance levels are Rs 140.66 (Supertrend) and Rs 149.59 (50-day SMA).

What are the main risks for CESC stock in 2027?

Ans. The main risks to the CESC share price forecast are a fall in operating margin from the 26.27% to 32.27% range seen since FY22, slower revenue growth after FY26 revenue was up 8.9%, and thin trading volumes. Debt to equity of 1.73 adds balance sheet sensitivity.

How is the CESC target price for 2027 calculated?

Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 3.2% growth, the base case 7.9% and the bull case 12.6%, all drawn from the company's reported FY26 and 4-year EPS growth.