NTPC vs CESC: share price & financials comparison
NSE: NTPC vs CESC · Power · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
NTPC vs CESC at a glance
NTPC (NTPC) has a market capitalisation of ₹3,09,421 Cr, against ₹17,088 Cr for CESC (CESC). Over the past year NTPC has returned -3.5%, compared with -29.4% for CESC. On valuation, NTPC trades at a lower P/E of 10.4 versus 11.0. NTPC earns a higher return on equity (13.9% vs 12.4%). NTPC comes out ahead on size, profitability, growth, financial health, momentum and technicals. CESC comes out ahead on valuation. Across the scored metrics below, NTPC leads on 15 and CESC on 3. On StoxGud's 10-point checklist, NTPC scores 4/10 and CESC scores 3/10.
| Metric | NTPC | CESC |
|---|---|---|
| Size | ||
| Market cap | ₹3,09,421 Cr | ₹17,088 Cr |
| Revenue (latest FY) | ₹1,87,385 Cr | ₹18,570 Cr |
| Net profit (latest FY) | ₹27,053 Cr | ₹1,542 Cr |
| Valuation | ||
| P/E | 10.4 | 11.0 |
| P/B | 1.45 | 1.37 |
| Dividend yield | 2.83% | 4.70% |
| Profitability | ||
| Return on equity | 13.9% | 12.4% |
| Net profit margin | 14.8% | 8.1% |
| Operating margin | 30.8% | 18.0% |
| Growth | ||
| Revenue growth (YoY) | +21.2% | +6.5% |
| Net profit growth (YoY) | +38.7% | -0.5% |
| Revenue CAGR (multi-year) | +10.9% | +9.8% |
| Financial health | ||
| Debt to equity | 1.29 | 1.77 |
| Momentum | ||
| 1-month return | +2.6% | -5.8% |
| 1-year return | -3.5% | -29.4% |
| 3-year CAGR | +9.1% | +12.5% |
| 5-year CAGR | +18.4% | +7.2% |
| 10-year CAGR | +9.8% | +8.3% |
| Distance from 52W high | -22.2% | -35.3% |
| Technicals | ||
| RSI (14) | 70 | 57 |
| Price vs 200-day avg | -10.1% | -18.3% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | NTPC | CESC |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✗ |
| Debt to equity below 1 | ✗ | ✗ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✗ |
| P/E below industry median | ✓ | ✓ |
| Score | 4/10 | 3/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, NTPC or CESC?
NTPC has a market cap of ₹3,09,421 Cr and CESC has a market cap of ₹17,088 Cr as of 13 Nov 2026.
Which has a lower P/E, NTPC or CESC?
NTPC has the lower P/E: NTPC trades at 10.4 and CESC at 11.0.
Which gave better returns in the last year, NTPC or CESC?
NTPC did better: NTPC returned -3.5% and CESC returned -29.4% over one year.
What is the difference between NTPC and CESC?
Both are NSE-listed companies in Power. NTPC is about 18.1 times the size of CESC by market cap. In the latest financial year NTPC reported revenue of ₹1,87,385 Cr and CESC ₹18,570 Cr. Operating margin is 30.8% for NTPC and 18.0% for CESC. Debt to equity is 1.29 for NTPC and 1.77 for CESC.
Which is better, NTPC or CESC?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, NTPC leads on 15 and CESC on 3. NTPC is ahead on size, profitability, growth, financial health, momentum and technicals. CESC is ahead on valuation. On StoxGud's rules-based checklist NTPC scores 4/10 and CESC scores 3/10. This is information, not advice: consult a SEBI-registered adviser before investing.