Indian Energy Exchange Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 39.4%)
- ✓Efficient capital deployment (ROCE 51.4%)
- ✓Attractively valued vs sector (P/E 22.7x vs industry 35.7x)
- ✓Virtually debt-free
- ✓Regular dividends — yield 2.8%
- ✓Near 52-week low — potential value zone (₹114)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹748 | ₹11.5L Cr | 15.2 | 1.98 | 13.8 | 7.04 | — |
| SBIN State Bank of India | ₹977 | ₹8.8L Cr | 10.6 | 1.51 | 15.4 | 6.13 | — |
| ICICIBANK ICICI Bank Limited | ₹1,261 | ₹8.8L Cr | 16.2 | 2.51 | 16.1 | 7.2 | — |
| BAJFINANCE Bajaj Finance Limited | ₹890 | ₹5.5L Cr | 28.6 | 4.86 | 18.2 | 10.8 | — |
| LICI Life Insurance Corporation Of India | ₹400 | ₹5.1L Cr | 8.83 | 2.86 | 37.8 | 35.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,273 | ₹3.9L Cr | 14.8 | 1.85 | 13.2 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹377 | ₹3.8L Cr | 19.8 | 2.07 | 11.2 | 6.93 | — |
Showing 7 peers in the same sector · Sorted by market cap
Corporate Events
Dividend - Rs 2 Per Share
Interim Dividend - Rs 1.50 Per Share
Dividend - Rs 1.50 Per Share
Interim Dividend - Rs 1.50 Per Share
Annual General Meeting
Dividend - Rs 1.50 Per Share
Interim Dividend - Re 1 Per Share
Record: 2 Feb 2024
Annual General Meeting
Dividend - Re 1 Per Share
Latest News
All news →IEX shares added to F&O ban list today
*IEX shares in the F&O ban list today.* The Indian Energy Exchange (IEX) has been placed on NSE's F&O ban list, restricting futures and options trading in the stock. This regulatory action impacts active traders who trade IEX derivatives contracts. Traders holding open positions should square off before the ban takes effect. 📊 *STOCKS:* $IEX | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #RegulatoryAction
IEX reports record Q4 2026 electricity trading volumes
*Indian Energy Exchange Ltd posts record electricity trading in Q4 2026.* The energy exchange achieved significant volume milestones during the quarter, reflecting strong market participation and growth in India's power trading segment. IEX continues to strengthen its position as a key facilitator of energy trading on the NSE platform. 📊 *STOCKS:* $IEX | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Earnings
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹174 Cr ▲19.2% | ₹146 Cr ▼5.2% | ₹154 Cr ▲8.5% | ₹142 Cr ▲0.0% | ₹142 Cr ▲7.6% | ₹132 Cr ▼5.0% | ₹139 Cr ▲12.1% | ₹124 Cr |
| Op. Profit | ₹149 Cr ▲22.1% | ₹122 Cr ▼8.3% | ₹133 Cr ▲15.7% | ₹115 Cr ▼5.0% | ₹121 Cr ▲7.1% | ₹113 Cr ▼5.8% | ₹120 Cr ▲21.2% | ₹99 Cr |
| OPM | 86.0% ▲2.4% | 84.0% ▼3.4% | 87.0% ▲7.4% | 81.0% ▼4.7% | 85.0% ▼1.2% | 86.0% ▲0.0% | 86.0% ▲7.5% | 80.0% |
| Net Profit | ₹130 Cr ▲9.2% | ₹119 Cr ▼3.3% | ₹123 Cr ▲1.7% | ₹121 Cr ▲3.4% | ₹117 Cr ▲9.3% | ₹107 Cr ▼0.9% | ₹108 Cr ▲12.5% | ₹96 Cr |
| EPS (₹) | 1.46 ▲9.0% | 1.34 ▼2.9% | 1.38 ▲2.2% | 1.35 ▲3.1% | 1.31 ▲9.2% | 1.2 ▼0.8% | 1.21 ▲12.0% | 1.08 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹616 Cr ▲14.7% | ₹537 Cr ▲19.6% | ₹449 Cr ▲12.0% | ₹401 Cr ▼7.0% | ₹431 Cr ▲35.5% | ₹318 Cr ▲23.7% | ₹257 Cr ▲1.2% | ₹254 Cr |
| Expenses | ₹96 Cr ▲14.3% | ₹84 Cr ▲16.7% | ₹72 Cr ▲12.5% | ₹64 Cr ▼4.5% | ₹67 Cr ▲0.0% | ₹67 Cr ▲21.8% | ₹55 Cr ▲7.8% | ₹51 Cr |
| Op. Profit | ₹520 Cr ▲14.5% | ₹454 Cr ▲20.4% | ₹377 Cr ▲12.2% | ₹336 Cr ▼7.7% | ₹364 Cr ▲45.0% | ₹251 Cr ▲24.3% | ₹202 Cr ▼0.5% | ₹203 Cr |
| OPM | 84.0% ▲0.0% | 84.0% ▲0.0% | 84.0% ▲0.0% | 84.0% ▲0.0% | 84.0% ▲6.3% | 79.0% ▲0.0% | 79.0% ▼1.3% | 80.0% |
| Other Income | ₹151 Cr ▲11.9% | ₹135 Cr ▲20.5% | ₹112 Cr ▲30.2% | ₹86 Cr ▲41.0% | ₹61 Cr ▲60.5% | ₹38 Cr ▼5.0% | ₹40 Cr ▲0.0% | ₹40 Cr |
| Interest | ₹2 Cr ▼33.3% | ₹3 Cr ▲0.0% | ₹3 Cr ▲50.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲100.0% | ₹1 Cr |
| Depreciation | ₹23 Cr ▲9.5% | ₹21 Cr ▲5.0% | ₹20 Cr ▲5.3% | ₹19 Cr ▲11.8% | ₹17 Cr ▲0.0% | ₹17 Cr ▲13.3% | ₹15 Cr ▲50.0% | ₹10 Cr |
| PBT | ₹646 Cr ▲14.3% | ₹565 Cr ▲21.2% | ₹466 Cr ▲15.9% | ₹402 Cr ▼0.7% | ₹405 Cr ▲50.0% | ₹270 Cr ▲19.5% | ₹226 Cr ▼2.6% | ₹232 Cr |
| Tax % | 24.0% ▲0.0% | 24.0% ▼4.0% | 25.0% ▲4.2% | 24.0% ▲0.0% | 24.0% ▲0.0% | 24.0% ▲9.1% | 22.0% ▼24.1% | 29.0% |
| Net Profit | ₹493 Cr ▲14.9% | ₹429 Cr ▲22.2% | ₹351 Cr ▲14.7% | ₹306 Cr ▼1.0% | ₹309 Cr ▲50.7% | ₹205 Cr ▲16.5% | ₹176 Cr ▲6.7% | ₹165 Cr |
| EPS (₹) | 5.53 ▲15.0% | 4.81 ▲22.4% | 3.93 ▲14.6% | 3.43 ▼0.3% | 3.44 ▲50.2% | 2.29 ▲16.8% | 1.96 ▲8.3% | 1.81 |
| Div Payout | 63.0% ▲1.6% | 62.0% ▼1.6% | 63.0% ▲117.2% | 29.0% ▼60.3% | 73.0% ▲25.9% | 58.0% ▲38.1% | 42.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||
| Equity Capital | ₹89 Cr ▲0.0% | ₹89 Cr ▲0.0% | ₹89 Cr ▲0.0% | ₹89 Cr ▼1.1% | ₹90 Cr ▲200.0% | ₹30 Cr ▲0.0% | ₹30 Cr ▲0.0% | ₹30 Cr |
| Reserves | ₹1.3K Cr ▲21.8% | ₹1.0K Cr ▲18.6% | ₹883 Cr ▲24.4% | ₹710 Cr ▲15.6% | ₹614 Cr ▲23.8% | ₹496 Cr ▲38.5% | ₹358 Cr ▲5.3% | ₹340 Cr |
| Borrowings | ₹11 Cr ▲83.3% | ₹6 Cr ▼40.0% | ₹10 Cr ▼28.6% | ₹14 Cr ▲40.0% | ₹10 Cr ▼16.7% | ₹12 Cr ▼14.3% | ₹14 Cr | ₹0 Cr |
| Other Liabilities | ₹1.1K Cr ▲0.6% | ₹1.1K Cr ▲33.2% | ₹791 Cr ▲23.6% | ₹640 Cr ▼34.9% | ₹983 Cr ▲121.4% | ₹444 Cr ▲67.5% | ₹265 Cr ▼20.9% | ₹335 Cr |
| Total Liabilities | ₹2.4K Cr ▲10.9% | ₹2.2K Cr ▲23.8% | ₹1.8K Cr ▲22.1% | ₹1.5K Cr ▼14.3% | ₹1.7K Cr ▲72.7% | ₹982 Cr ▲47.2% | ₹667 Cr ▼5.5% | ₹706 Cr |
| Assets | ||||||||
| Fixed Assets | ₹102 Cr ▲17.2% | ₹87 Cr ▼13.9% | ₹101 Cr ▼8.2% | ₹110 Cr ▲0.0% | ₹110 Cr ▼9.1% | ₹121 Cr ▲1.7% | ₹119 Cr ▲7.2% | ₹111 Cr |
| CWIP | ₹0 Cr ▼100.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▼20.0% | ₹5 Cr ▼28.6% | ₹7 Cr ▲75.0% | ₹4 Cr ▲300.0% | ₹1 Cr |
| Investments | ₹2.0K Cr ▲22.0% | ₹1.6K Cr ▲22.7% | ₹1.3K Cr ▲9.2% | ₹1.2K Cr ▼2.3% | ₹1.2K Cr ▲75.0% | ₹713 Cr ▲40.1% | ₹509 Cr ▲7.2% | ₹475 Cr |
| Other Assets | ₹341 Cr ▼27.8% | ₹472 Cr ▲40.1% | ₹337 Cr ▲178.5% | ₹121 Cr ▼63.7% | ₹333 Cr ▲136.2% | ₹141 Cr ▲291.7% | ₹36 Cr ▼69.5% | ₹118 Cr |
| Total Assets | ₹2.4K Cr ▲10.9% | ₹2.2K Cr ▲23.8% | ₹1.8K Cr ▲22.1% | ₹1.5K Cr ▼14.3% | ₹1.7K Cr ▲72.7% | ₹982 Cr ▲47.2% | ₹667 Cr ▼5.5% | ₹706 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹433 Cr ▲1.4% | ₹427 Cr ▲43.3% | ₹298 Cr ▲1395.7% | ₹-23 Cr ▼103.0% | ₹762 Cr ▲149.0% | ₹306 Cr ▲142.9% | ₹126 Cr ▼8.7% | ₹138 Cr |
| Investing CF | ₹-231 Cr ▼17.9% | ₹-196 Cr ▼716.7% | ₹-24 Cr ▼134.3% | ₹70 Cr ▲115.6% | ₹-448 Cr ▼128.6% | ₹-196 Cr ▼6433.3% | ₹-3 Cr ▲95.2% | ₹-62 Cr |
| Financing CF | ₹-272 Cr ▲0.0% | ₹-272 Cr ▼48.6% | ₹-183 Cr ▲14.9% | ₹-215 Cr ▼58.1% | ₹-136 Cr ▼76.6% | ₹-77 Cr ▲52.2% | ₹-161 Cr ▼106.4% | ₹-78 Cr |
| Net Cash Flow | ₹-70 Cr ▼70.7% | ₹-41 Cr ▼145.1% | ₹91 Cr ▲154.5% | ₹-167 Cr ▼193.8% | ₹178 Cr ▲439.4% | ₹33 Cr ▲186.8% | ₹-38 Cr ▼1800.0% | ₹-2 Cr |
| Free Cash Flow | ₹418 Cr ▼0.5% | ₹420 Cr ▲47.9% | ₹284 Cr ▲1016.1% | ₹-31 Cr ▼104.1% | ₹751 Cr ▲163.5% | ₹285 Cr ▲141.5% | ₹118 Cr ▼12.6% | ₹135 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1d ▼50.0% | 2d ▼97.1% | 70d ▲1066.7% | 6d ▼91.9% | 74d ▲1750.0% | 4d | 0d ▼100.0% | 66d |
| Inventory Days | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 1d ▼50.0% | 2d ▼97.1% | 70d ▲1066.7% | 6d ▼91.9% | 74d ▲1750.0% | 4d | 0d ▼100.0% | 66d |
| Working Capital Days | 539d ▲211.1% | -485d ▲3.2% | -501d ▲7.2% | -540d ▲25.4% | -724d ▼80.1% | -402d ▼22.9% | -327d ▲11.9% | -371d |
| ROCE | 51.0% ▼3.8% | 53.0% ▲6.0% | 50.0% ▲0.0% | 50.0% ▼18.0% | 61.0% ▲10.9% | 55.0% ▼1.8% | 56.0% | — |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Indian Energy Exchange Limited
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]
Financial Services · Capital Markets