Indian Energy Exchange Limited IEX NIFTY_SMALLNSEFINANCIAL
Company Overview
Indian Energy Exchange Limited provides automated trading platform for physical delivery of electricity, renewable energy, and certificates. The company offers Day-Ahead Market, a physical electricity trading market which allows market participants to buy and sell electricity for the next day; Term-Ahead-Market that provides a range of products allowing participants to buy and sell electricity on intra-day, day-ahead contingency, and term ahead contracts; Real-Time Market, an auction session every half an hour with power to be delivered after 4 time blocks or an hour after gate closure of the auction; Green Day-Ahead Market that allows market participants to buy and sell renewable electricity for the next day; Cross-Border Electricity Trade expands the Indian power market towards building an integrated South Asian power market; High Price Day Ahead Market, a part of integrated day ahead market allows market participants to buy and sell electricity for the next day to be traded are determined through a double-sided closed auction bidding process; and Green-Term Ahead Market, a market solution for renewable energy trading which features contracts, including Green-Intraday, Green-Day-ahead Contingency, Green-Daily, and Green-Weekly. It also provides renewable energy and energy saving certificates. The company was incorporated in 2007 and is based in Noida, India.
Why Investors Should Care
Generates a return on equity of 36.1%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 45.7%.
Net profit has compounded at 17.2% per year over the last five years.
Revenue has grown at a 15.4% CAGR over the past five years.
Maintains a net profit margin of 80.1%.
Offers a dividend yield of 3.10%.
Recent Developments
- Mar 2026 Revenue of ₹615.65 Cr (+14.6% YoY); net profit ₹492.92 Cr.
- Trailing 12 Months Year-on-year growth — revenue +14.6%, earnings +14.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 15.4%, profit CAGR 17.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 15.40% |
| 1 Year: | 14.59% |
Compounded Profit Growth
| 5 Years: | 17.24% |
| 1 Year: | 14.85% |
Stock Price Performance
| 1 Year: | -11.47% |
| 6 Months: | -0.80% |
| 3 Months: | -0.96% |
| 1 Month: | -7.70% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)33.84 · Neutral
P/E of 21.46 is above the sector median of 19.62 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 36.1%.
- Healthy ROCE of 45.7%.
- Excellent profit margin of 80.1%.
- Compounding revenue at 15.4% over 5 years.
- Profit CAGR of 17.2% over 5 years.
- Attractive dividend yield of 3.10%.
CONS
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | IEX Indian Energy Exchange Limited NIFTY_SMALLNSEFINANCIAL | 118.91 | 21.46 | ₹10,603.12 Cr | 3.10% | 45.71% | 36.12% | 15.40% | 17.24% |
| 2 | HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL | 712.10 | 15.57 | ₹10.96 L Cr | 1.77% | - | 8.63% | 16.90% | 12.47% |
| 3 | ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL | 1,423.20 | 19.03 | ₹10.19 L Cr | 0.82% | - | 14.93% | 18.11% | 16.78% |
| 4 | SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU | 1,016.10 | 11.15 | ₹9.38 L Cr | 1.60% | - | 13.97% | 12.19% | 14.39% |
| 5 | BAJFINANCE Bajaj Finance Limited NIFTY50NSEAIFINANCIAL | 1,060.50 | 34.76 | ₹6.60 L Cr | 0.47% | - | 16.68% | 22.58% | 18.23% |
| 6 | LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU | 415.35 | 9.14 | ₹5.25 L Cr | 2.58% | - | 32.53% | 7.26% | 16.86% |
| 7 | KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL | 424.50 | 21.89 | ₹4.22 L Cr | 0.16% | - | 10.64% | 13.48% | 8.92% |
| 8 | AXISBANK Axis Bank Limited NIFTY50NSEAIFINANCIAL | 1,273.00 | 15.07 | ₹3.96 L Cr | 0.08% | - | 12.27% | 12.16% | 34.61% |
| 9 | BAJAJFINSV Bajaj Finserv Ltd. NIFTY50NSEAIFINANCIAL | 1,970.00 | 32.30 | ₹3.15 L Cr | 0.06% | - | 12.58% | 22.92% | 15.16% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 107.00 Cr | 104.00 Cr | 109.00 Cr | 115.00 Cr | 121.00 Cr | 124.00 Cr | 139.00 Cr | 132.05 Cr | 142.25 Cr | 141.75 Cr | 154.00 Cr | 145.67 Cr | 174.30 Cr | 157.88 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 11.55 Cr | 11.43 Cr | 12.29 Cr | - | 13.04 Cr | 11.82 Cr | 14.12 Cr |
| Gross Profit | - | - | - | - | - | - | - | 120.50 Cr | 130.82 Cr | 129.46 Cr | - | 132.62 Cr | 162.49 Cr | 143.76 Cr |
| Operating Expenses | 14.00 Cr | 22.00 Cr | 17.00 Cr | 17.00 Cr | 17.00 Cr | 24.00 Cr | 20.00 Cr | 12.80 Cr | 14.78 Cr | 19.60 Cr | 20.00 Cr | 16.74 Cr | 19.25 Cr | 18.84 Cr |
| Operating Income | 88.00 Cr | 77.00 Cr | 87.00 Cr | 94.00 Cr | 100.00 Cr | 94.00 Cr | 115.00 Cr | 107.70 Cr | 116.04 Cr | 109.86 Cr | 127.00 Cr | 115.89 Cr | 143.24 Cr | 124.92 Cr |
| EBITDA | 93.00 Cr | 82.00 Cr | 92.00 Cr | 99.00 Cr | 105.00 Cr | 99.00 Cr | 120.00 Cr | 145.53 Cr | 157.89 Cr | 164.42 Cr | 133.00 Cr | 163.50 Cr | 175.91 Cr | 183.58 Cr |
| Interest Expense | 1.00 Cr | 1.00 Cr | 1.00 Cr | 1.00 Cr | 1.00 Cr | 1.00 Cr | 1.00 Cr | 67.10 L | 61.29 L | 58.00 L | 1.00 Cr | 52.11 L | 64.92 L | 76.61 L |
| Pretax Income | 116.00 Cr | 101.00 Cr | 114.00 Cr | 122.00 Cr | 129.00 Cr | 128.00 Cr | 145.00 Cr | 139.45 Cr | 152.00 Cr | 158.39 Cr | 161.00 Cr | 156.94 Cr | 169.14 Cr | 176.80 Cr |
| Tax Provision | 27.84 Cr | 25.25 Cr | 27.36 Cr | 30.50 Cr | 32.25 Cr | 32.00 Cr | 36.25 Cr | 32.16 Cr | 34.89 Cr | 37.69 Cr | 37.03 Cr | 37.83 Cr | 39.36 Cr | 42.04 Cr |
| Net Income | 88.00 Cr | 76.00 Cr | 86.00 Cr | 92.00 Cr | 97.00 Cr | 96.00 Cr | 108.00 Cr | 107.29 Cr | 117.11 Cr | 120.70 Cr | 123.00 Cr | 119.11 Cr | 129.77 Cr | 134.76 Cr |
| Diluted EPS | 0.99 | 0.85 | 0.97 | 1.03 | 1.08 | 1.08 | 1.21 | 1.21 | 1.32 | 1.36 | 1.38 | 1.34 | 1.45 | 1.52 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 254.00 Cr | 257.00 Cr | 318.00 Cr | - | 400.60 Cr | 448.83 Cr | 537.26 Cr | 615.65 Cr |
| Cost of Revenue | - | - | - | - | 29.59 Cr | 33.58 Cr | 46.14 Cr | 49.00 Cr |
| Gross Profit | - | - | - | - | 371.01 Cr | 415.25 Cr | 491.12 Cr | 566.65 Cr |
| Operating Expenses | 51.00 Cr | 55.00 Cr | 67.00 Cr | - | 53.02 Cr | 58.78 Cr | 58.71 Cr | 69.90 Cr |
| Operating Income | 193.00 Cr | 187.00 Cr | 234.00 Cr | - | 318.00 Cr | 356.47 Cr | 432.42 Cr | 496.75 Cr |
| EBITDA | 203.00 Cr | 202.00 Cr | 251.00 Cr | - | 422.87 Cr | 489.45 Cr | 588.40 Cr | 671.16 Cr |
| Interest Expense | 1.00 Cr | 2.00 Cr | 2.00 Cr | - | 2.46 Cr | 2.83 Cr | 2.62 Cr | 2.28 Cr |
| Pretax Income | 232.00 Cr | 226.00 Cr | 270.00 Cr | - | 401.83 Cr | 466.14 Cr | 564.54 Cr | 645.56 Cr |
| Tax Provision | 67.28 Cr | 49.72 Cr | 64.80 Cr | - | 95.94 Cr | 115.36 Cr | 135.37 Cr | 152.64 Cr |
| Net Income | 165.00 Cr | 176.00 Cr | 205.00 Cr | - | 305.89 Cr | 350.78 Cr | 429.17 Cr | 492.92 Cr |
| Diluted EPS | 1.81 | 1.96 | 2.29 | - | 3.42 | 3.94 | 4.83 | 5.54 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 706.00 Cr | 667.00 Cr | 982.00 Cr | - | 1,453.41 Cr | 1,773.66 Cr | 2,196.66 Cr | 2,435.75 Cr |
| Current Assets | - | - | - | - | 771.67 Cr | 1,183.65 Cr | 1,583.74 Cr | 2,032.23 Cr |
| Cash & Equivalents | - | - | - | - | 57.03 Cr | 147.90 Cr | 106.93 Cr | 37.36 Cr |
| Inventory | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | 7.03 Cr | 79.06 L | 2.62 Cr | 1.98 Cr |
| Total Liabilities | - | - | - | - | 654.31 Cr | 801.49 Cr | 1,060.36 Cr | 1,071.19 Cr |
| Current Liabilities | - | - | - | - | 610.44 Cr | 751.36 Cr | 1,006.57 Cr | 1,018.53 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - |
| Total Debt | 0 | 14.00 Cr | 12.00 Cr | - | 14.10 Cr | 10.36 Cr | 6.15 Cr | 11.16 Cr |
| Total Equity | 370.00 Cr | 388.00 Cr | 526.00 Cr | - | 799.10 Cr | 972.17 Cr | 1,136.30 Cr | 1,364.56 Cr |
| Shares Outstanding | - | - | - | - | 89.17 Cr | 89.17 Cr | 89.17 Cr | 89.17 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 138.00 Cr | 126.00 Cr | 306.00 Cr | - | -22.62 Cr | 298.46 Cr | 427.25 Cr | 432.77 Cr |
| Investing Cash Flow | -62.00 Cr | -3.00 Cr | -196.00 Cr | - | 70.26 Cr | -24.50 Cr | -196.37 Cr | -230.53 Cr |
| Financing Cash Flow | -78.00 Cr | -161.00 Cr | -77.00 Cr | - | -214.79 Cr | -183.09 Cr | -271.85 Cr | -271.82 Cr |
| Capital Expenditure | -3.00 Cr | -8.00 Cr | -21.00 Cr | - | -9.02 Cr | -15.30 Cr | -7.85 Cr | -14.78 Cr |
| Free Cash Flow | 135.00 Cr | 118.00 Cr | 285.00 Cr | - | -31.64 Cr | 283.16 Cr | 419.40 Cr | 417.99 Cr |
| Net Change in Cash | -2.00 Cr | -38.00 Cr | 33.00 Cr | - | -167.15 Cr | 90.88 Cr | -40.97 Cr | -69.58 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | 92.6% | 92.5% | 91.4% | 92.0% |
| Operating Margin % | 76.0% | 72.8% | 73.6% | - | 79.4% | 79.4% | 80.5% | 80.7% |
| Net Margin % | 65.0% | 68.5% | 64.5% | - | 76.4% | 78.2% | 79.9% | 80.1% |
| ROE % | 44.6% | 45.4% | 39.0% | - | 38.3% | 36.1% | 37.8% | 36.1% |
| ROCE % | - | - | - | - | 37.7% | 34.9% | 36.3% | 35.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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IEX — Frequently Asked Questions
What is the current share price of Indian Energy Exchange Limited (IEX)?
As of 2026-09-08 04:53 IST, Indian Energy Exchange Limited (IEX) trades at ₹118.91 on NSE. Its 52-week range is ₹112.96 to ₹150.56.
What is the market capitalisation of IEX?
Indian Energy Exchange Limited (IEX) has a market capitalisation of ₹10,603.12 Cr on NSE.
What is the P/E ratio of IEX?
IEX trades at a trailing price-to-earnings (P/E) ratio of 21.46. The industry average P/E is 19.62. Its price-to-book (P/B) ratio is 8.34.
Does IEX pay a dividend?
Indian Energy Exchange Limited (IEX) currently offers a dividend yield of 3.10%.
What is the return on equity (ROE) of IEX?
IEX has a return on equity (ROE) of 36.12%. Its return on capital employed (ROCE) is 45.71%.
Is IEX a good stock to buy?
This page provides a data-driven analysis of Indian Energy Exchange Limited (IEX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.