Indian Energy Exchange
Market cap ₹9,000 Cr
- P/E
- 17.75
- Day range
- ₹100.35 – ₹104.01
- 52-week range
- ₹100.35 – ₹160.27
- Volume
- 27.50 L
- Open
- ₹104.00
- Prev close
- ₹104.00
Latest results · Q1 FY27(consolidated)Revenue ₹158 Cr+11.4%Profit ₹135 Cr+11.6%Margin 85.4%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
IEX in NSE indices and F&O
F&O margin for one lot of IEX (4,350 shares)Research profile
Composite 55 / 100Factor percentiles
Derived metrics
- Earn. yield
- 5.6%
- Graham no.
- ₹43.63
- vs Graham
- -56.9%
- ROE ÷ P/B
- 5.8%
- 12-1 mom.
- -17.0%
- Return / vol
- -0.83
- Piotroski
- 3/6
- FCF yield
- 4.6%
- PEG
- 1.64
Appears in 15 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 68 in NBFC| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Bajaj FinanceBAJFINANCE | ₹5.78 L Cr | 26.67 | 4.76 | 18.4% | 10.9% | — | 4.08 | +22.8% |
| National Stock Exchange of IndiaNSE | ₹4.13 L Cr | 39.37 | — | 33.0% | 41.0% | 78.0% | 0.01 | — |
| Bajaj FinservBAJAJFINSV | ₹2.65 L Cr | 26.27 | 3.45 | 26.2% | 11.0% | 41.0% | 5.52 | +19.1% |
| Shriram FinanceSHRIRAMFIN | ₹2.04 L Cr | 14.42 | 1.82 | 16.4% | 11.5% | — | 2.12 | +15.8% |
| Jio Financial ServicesJIOFIN | ₹1.35 L Cr | 77.96 | 1.05 | 1.2% | 2.0% | 63.0% | 0.32 | +73.2% |
| BSE LtdBSE | ₹1.31 L Cr | 47.00 | 19.91 | 44.8% | 60.0% | 67.0% | 0.00 | +63.5% |
| ICICI Prudential Asset Management CompanyICICIAMC | ₹1.31 L Cr | 37.67 | 25.19 | 85.8% | 115.0% | 73.0% | 0.00 | +16.3% |
| Indian Energy ExchangeIEX | ₹9,000 Cr | 17.75 | 6.80 | 39.4% | 51.0% | 83.0% | 0.01 | +11.3% |
| Sector median | ₹26,914 Cr | 20.19 | 2.71 | 15.3% | 11.4% | 54.0% | 1.74 | +20.3% |
Sector as classified in the tracked universe; medians use every tracked NBFC company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 10d agoHeadlines about Indian Energy Exchange from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 17.8
- EPS (TTM)
- ₹5.71
- Price / Book
- 6.61
- ROE (FY26)
- 39.4%
- ROCE (latest year)
- 51%
- Dividend yield
- 3.46%
Moving averages (NSE)
- 20-day
- ₹106.27
- Price below
- 50-day
- ₹114.12
- Price below
- 200-day
- ₹123.28
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Public
- DII
- FII
- Others
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 3 Dec 2021: earlier bars are per pre-bonus share.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 109 | 115 | 121 | 124 | 139 | 132 | 142 | 142 | 154 | 146 | 174 | 158 |
| Expenses | 17 | 17 | 17 | 24 | 20 | 19 | 21 | 26 | 20 | 24 | 25 | 27 |
| Operating Profit | 92 | 99 | 105 | 99 | 120 | 113 | 121 | 115 | 133 | 122 | 149 | 131 |
| OPM % | 85% | 86% | 86% | 80% | 86% | 86% | 85% | 81% | 87% | 84% | 86% | 83% |
| Other Income | 28 | 29 | 30 | 34 | 31 | 32 | 37 | 49 | 34 | 42 | 27 | 53 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
| Profit before tax | 114 | 122 | 129 | 128 | 145 | 139 | 152 | 158 | 161 | 157 | 169 | 177 |
| Tax % | 24% | 25% | 25% | 25% | 25% | 23% | 23% | 24% | 23% | 24% | 23% | 24% |
| Net Profit | 86 | 92 | 97 | 96 | 108 | 107 | 117 | 121 | 123 | 119 | 130 | 135 |
| EPS in Rs | ₹0.97 | ₹1.03 | ₹1.08 | ₹1.08 | ₹1.21 | ₹1.20 | ₹1.31 | ₹1.35 | ₹1.38 | ₹1.34 | ₹1.46 | ₹1.51 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
-3 days since Mar 2021
-3 days since Mar 2021
-67 days since Mar 2021
Strengths, risks & growth
Incorporated in 2007, Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity [1]
Strengths
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.46%.
- Company has delivered good profit growth of 19.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.4%
- Company has been maintaining a healthy dividend payout of 63.0%
Risks
None flagged by the checklist.
Compounded Sales Growth
- 10 Years
- —
- 5 Years
- +14%
- 3 Years
- +15%
- TTM
- +14%
Compounded Profit Growth
- 10 Years
- —
- 5 Years
- +20%
- 3 Years
- +19%
- TTM
- +12%
Stock Price CAGR
- 10 Years
- —
- 5 Years
- -16%
- 3 Years
- -7%
- 1 Year
- -31%
Return on Equity
- 10 Years
- —
- 5 Years
- +40%
- 3 Years
- +39%
- Last Year
- +39%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| FII | 11.42% | 14.16% | 12.63% | 12.02% | -0.61 pp |
| DII | 34.95% | 30.26% | 31.47% | 31.79% | +0.32 pp |
| Public | 53.37% | 55.31% | 55.63% | 55.93% | +0.30 pp |
| Others | 0.27% | 0.27% | 0.27% | 0.27% | 0.00 pp |
Filed with NSE for Sept 2026: promoters 0.00%, public 99.73% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 24.53% (+0.26 pp)- Promoters0.0%
- Foreign institutions12.1%
- Mutual funds24.5%
- Insurance5.6%
- Other domestic institutions1.7%
- Retail36.4%
- Others19.7%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Parag Parikh Flexi Cap Fund | 9.41% | 0.62% | -0.11 pp |
| ICICI Pru India Opp Fund | 2.15% | 0.54% | -0.08 pp |
| SBI Contra Fund | 1.25% | 0.27% | -0.03 pp |
| Kotak Arbitrage Fund | 0.97% | 0.12% | -0.07 pp |
| Old Bridge Focused Fund | 0.87% | 1.91% | -0.85 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 31.0%
- Downside volatility
- 31.2%
- Worst 5% of days
- 3.2%
- Average of that tail
- 4.6%
- Max drawdown (1Y)
- 34.6%
- Below its peak
- 34.6%
Against the market
- Beta vs Nifty 50
- 1.16
- Correlation
- 0.50
- Relative strength (3M)
- -11.7%
- ATR (14)
- 2.6%
Return
- Return 1M
- -10.4%
- Return 3M
- -17.0%
- Return 6M
- -19.5%
- Return 1Y
- -25.6%
- vs 200-day average
- -17.9%
Momentum
- RSI (14)
- 30.4
- MACD histogram
- 0.09
- Stochastic %K
- 10.2
- ADX (14)
- 34.3
- +DI / −DI
- 11.8 / 32.7
- Money flow index
- 53.5
Participation
- Delivery (20d avg)
- 46.4%
- vs its 60-day baseline
- -0.5 pts
- Volume vs 20-day
- -0.5σ
- Close vs day's VWAP
- -0.0%
- 52-week position
- 0 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
3 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — failed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — failed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — passed
- Free cash flow
- ₹418 Cr
- FCF yield
- 4.6%
- Cash conversion
- 0.88
- Accruals ratio
- 0.025
- Net debt
- -₹26 Cr
- Net debt / equity
- -0.02
- EV / sales
- 14.20
- PEG
- 1.64
- Capex intensity
- 2.4%
- Revenue CAGR
- 22.5%
- Profit CAGR
- 10.8%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Corporate actions
- dividend₹2.00
Dividend - Rs 2 Per Share
15 May 2026ex-date - dividend₹1.50
Interim Dividend - Rs 1.50 Per Share
4 Feb 2026ex-date - dividend₹1.50
Dividend - Rs 1.50 Per Share
16 May 2025ex-date - dividend₹1.50
Interim Dividend - Rs 1.50 Per Share
31 Jan 2025ex-date - otherNot available — not reported in this filing
Annual General Meeting
29 Jul 2024ex-date - dividend₹1.50
Dividend - Rs 1.50 Per Share
31 May 2024ex-date - dividendNot available — not reported in this filing
Interim Dividend - Re 1 Per Share
2 Feb 2024ex-date - otherNot available — not reported in this filing
Annual General Meeting
28 Aug 2023ex-date - dividendNot available — not reported in this filing
Dividend - Re 1 Per Share
28 Jul 2023ex-date - otherNot available — not reported in this filing
Annual General Meeting
24 Aug 2022ex-date - dividendNot available — not reported in this filing
Dividend - Re 1 Per Share
11 Aug 2022ex-date - dividendNot available — not reported in this filing
Interim Dividend - Re 1 Per Share
3 Feb 2022ex-date - bonusNot available — not reported in this filing
Bonus 2:1
3 Dec 2021ex-date - otherNot available — not reported in this filing
Annual General Meeting
25 Aug 2021ex-date - dividend₹1.50
Dividend - Rs 1.50 Per Share
18 Aug 2021ex-date - dividend₹2.50
Interim Dividend - Rs 2.50 Per Share
28 Jan 2021ex-date - otherNot available — not reported in this filing
Annual General Meeting
20 Aug 2020ex-date - dividend₹2.50
Interim Dividend - Rs 2.50 Per Share
19 Mar 2020ex-date - otherNot available — not reported in this filing
Annual General Meeting
9 Sept 2019ex-date - buybackNot available — not reported in this filing
Buy Back
14 Feb 2019ex-date
Company announcements
Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018, for the quarter ended September 30, 2026.
In continuation of our intimation dated July 15, 2026, we wish to inform that Indian Gas Exchange Limited, an associate company of Indian Energy Exchange Limited, has informed the Company ....
Media Release on IEX Power Market update H1FY27 Q2FY27 and Sep26.
Closure of Trading Window for unaudited financial results for the quarter and half year ending September 30, 2026.
IEX Expands Its Energy Markets Footprints: Subsidiary Indian Coal Exchange Ltd Applies for Licence with Coal Controller Organisation.
Schedule of Investor Meeting as on September 25, 2026.
Indian Coal Exchange Limtied a Wholly Owned subsidary company of Indian Energey Exhange Limited has submitted an application to the Coal Controller Orgnaization for registration as a Coal Exchange.
Webcast link of the 20th Annual General Meeting held on September 9, 2026.
Voting results along with the scrutinizer's report of 20th Annual General Meeting held on September 9, 2026.
Proceedings of 20th Annual General Meeting of the Indian Energy Exchange Limited held today, September 9, 2026.
IEX Power Market Update August'26.
Schedule of Investor Meeting as on August 21, 2026.
Newspaper publication of Notice of the 20th Annual General Meeting and E-Voting infromation.
Schedule of Investor Meeting as on August 17, 2026.
Indian Energy Exchange Limited Annual Report for the FY2025-26.
Filed with BSE (scrip 540750); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Buybacks, open offers & rights issues
- Buyback
Indian Energy Exchange Limited
3 Jan 2023Read on SEBI - Buyback - Post Buyback Public Announcement
Indian Energy Exchange Ltd - Post Buyback Public Announcement
22 Apr 2019Read on SEBI - Buyback - Letter of Offer
Indian Energy Exchange Limited - Letter of Offer
14 Mar 2019Read on SEBI
Documents
Annual reports
Earnings calls
- Jul 2026TranscriptSlidesRecording
- Apr 2026TranscriptSlidesRecording
- Feb 2026TranscriptSlidesRecording
- Nov 2025TranscriptSlidesRecording
- Aug 2025TranscriptSlidesRecording
- Apr 2025TranscriptSlidesRecording
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing (unaudited). View the source filing. Figures are as filed and are not investment advice.
Indian Energy Exchange: common questions
Answered from the figures on this page.
