Comparison · NSE · data 2026-11-01
CESC Ltd vs SJVN Limited
In plain words
Size: SJVN Limited is about 1.3 times the market value of CESC Ltd.
Valuation (P/E): SJVN Limited 21.2 vs CESC Ltd 10.7.
Return on equity: CESC Ltd 12.6% vs SJVN Limited 4.5%.
Profit growth over 3 years: CESC Ltd 4.7% a year vs SJVN Limited -22.1% a year.
Debt to equity: SJVN Limited 2.27 vs CESC Ltd 1.73.
Differences in the numbers, not a recommendation of either stock.
Side by side
| CESC | SJVN | |
|---|---|---|
| Price | ₹124.63 | ₹53.39 |
| Market cap | ₹16,517 cr | ₹21,001 cr |
| P/E | 10.7 | 21.2 |
| P/B | — | 1.4 |
| ROE | 12.6% | 4.5% |
| ROCE | 6.7% | 5.8% |
| Debt / equity | 1.73 | 2.27 |
| Operating margin | 12.0% | 48.2% |
| Dividend yield | 9.63% | 2.81% |
| Sales growth, 3 years (yearly) | 9.3% | 15.5% |
| Profit growth, 3 years (yearly) | 4.7% | -22.1% |
| 1-year return | -31.5% | -40.0% |
| Revenue, last 12 months | ₹18,853 cr | ₹6,217 cr |
| Net profit, last 12 months | ₹1,551 cr | ₹989 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹402 cr | ₹657 cr |
| Quarter profit vs a year earlier | +3.9% | +113.5% |
| Promoter holding | 52.11% | 81.85% |
| Health check | Average (4.8/10) | Average (4/10) |
Common questions
Which has a higher P/E, CESC Ltd or SJVN Limited?
SJVN Limited trades at the higher P/E (21.2 against 10.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
CESC Ltd (12.6% against 4.5%).
Which carries more debt?
SJVN Limited has the higher debt-to-equity ratio (2.27 against 1.73).