Financial Services · NIFTY 500

Indian Energy Exchange Limited

NSEIEX BSE540750 ISININE022Q01020 SeriesEQ Listed on NSE · BSE

₹115.36 +1.31 (+1.15%) Updated 12 Nov, 6:16 pm IST

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Price, daily close-20.46% in a year

Today

Open: ₹114.40
Prev close: ₹114.05
Day high: ₹115.70
Day low: ₹114.00
Volume: 27.79 L
Value traded: ₹31.99 Cr
Upper circuit: ₹118.53
Lower circuit: ₹111.63
52W high: ₹160.27
52W low: ₹99.50
1 month: +5.54%
6 months: -16.23%

52W low52W high

Ratios

Key numbers

Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.

Market cap₹10,277 Cr

P/E (TTM)19.65

P/B7.04

Book value / share₹16.39

EPS (TTM)₹5.87

ROE35.8%

Dividend yield3.03%

Dividend (12m)₹3.50 / share

Net margin (TTM)81.1%

Operating margin84.6%

Debt / equity—

Current ratio1.94

EV / EBITDA18.89

Sales growth (YoY qtr)+8.56%

Profit growth (YoY qtr)+12.88%

Sales CAGR 3Y+15.38%

Profit CAGR 3Y+17.24%

Shares89.09 Cr

Quarterly results

Results for each quarter

Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.

Revenue and net profit

11591.8

Dec 23

12196.7

Mar 24

12496.4

Jun 24

139108

Sep 24

132107

Dec 24

142117

Mar 25

142121

Jun 25

154123

Sep 25

146119

Dec 25

174130

Mar 26

158135

Jun 26

167139

Sep 26

Revenue · QoQ (vs last quarter)

—+5.2%+1.9%+13%-5.3%+7.7%-0.3%+8.6%-5.4%+20%-9.4%+5.8%

Revenue · YoY (vs a year ago)

————+15%+17%+15%+10%+10%+23%+11%+8.6%

Net profit · QoQ (vs last quarter)

—+5.3%-0.3%+12%-1.0%+9.2%+3.1%+2.2%-3.4%+9.0%+3.8%+3.3%

Net profit · YoY (vs a year ago)

————+17%+21%+25%+14%+11%+11%+12%+13%

RevenueNet profitLine = trend

1.03

Dec 23

1.09

Mar 24

1.08

Jun 24

1.22

Sep 24

1.21

Dec 24

1.32

Mar 25

1.36

Jun 25

1.39

Sep 25

1.34

Dec 25

1.45

Mar 26

1.52

Jun 26

1.56

Sep 26

EPS (₹) · YoY (vs a year ago)

————+17%+21%+26%+14%+11%+9.8%+12%+12%

EPS (₹)Line = trend

₹ Cr	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
Revenue	115	121	124	139	132	142	142	154	146	174	158	167
Other income	25.9	28.0	30.9	28.4	28.5	32.3	42.4	29.3	37.4	22.1	44.9	35.9
Total income	141	149	154	168	161	175	184	183	183	196	203	203
Raw material	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Purchases	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Employee cost	9.3	10.3	11.0	12.2	11.6	11.4	12.3	11.8	13.0	11.8	14.1	13.5
Other expenses	7.2	6.4	13.2	7.3	7.4	9.5	14.2	8.6	10.7	13.1	12.8	12.3
Total expenses	22.4	22.7	30.1	25.5	25.0	26.8	32.5	26.7	30.3	31.7	33.7	32.6
Operating profit	98.8	105	99.3	120	113	121	115	133	122	149	131	141
OPM %	85.7%	86.2%	80.4%	86.0%	85.7%	85.3%	81.3%	86.7%	83.7%	85.7%	82.9%	84.6%
Finance cost	0.7	0.7	0.7	0.7	0.7	0.6	0.6	0.5	0.5	0.6	0.8	0.7
Depreciation	5.2	5.2	5.2	5.3	5.4	5.3	5.4	5.7	6.0	6.1	6.0	6.1
Profit before tax	119	127	124	142	136	148	152	157	153	165	169	170
Tax	30.5	32.0	31.5	36.8	32.2	34.9	37.7	37.8	37.8	39.4	42.0	42.2
Net profit	91.8	96.7	96.4	108	107	117	121	123	119	130	135	139
Profit to shareholders	91.8	96.7	96.4	108	—	117	121	123	119	130	135	139
EPS (₹)	1.03	1.09	1.08	1.22	1.21	1.32	1.36	1.39	1.34	1.45	1.52	1.56

Profit & loss

Results for each year

7 financial years (April to March), consolidated, ₹ crore.

Sales, operating profit and net profit

2572020.0

FY20

318251206

FY21

431370309

FY22

401336306

FY23

449377351

FY24

537454429

FY25

616520493

FY26

Revenue · YoY (vs a year ago)

—+24%+36%-7.0%+12%+20%+15%

Net profit · YoY (vs a year ago)

——+50%-1.1%+15%+22%+15%

RevenueOperating profitNet profitLine = trend

₹ Cr	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	257	318	431	401	449	537	616
Other income	40.3	38.4	53.4	73.2	102	120	131
Total expenses	71.8	85.8	86.6	85.5	95.6	107	121
Employee cost	33.2	44.4	41.8	34.6	39.0	46.1	49.0
Operating profit	202	251	370	336	377	454	520
OPM %	78.6%	78.9%	85.8%	83.9%	83.9%	84.4%	84.5%
Finance cost	1.6	2.1	2.0	2.5	2.8	2.6	2.3
Depreciation	15.2	16.5	17.2	18.6	20.5	21.3	23.3
Profit before tax	226	270	404	389	455	550	626
Tax	49.9	65.0	96.6	95.9	115	135	153
Tax rate %	22.1%	24.0%	23.9%	24.7%	25.3%	24.6%	24.4%
Net profit	176	205	309	306	351	429	493
Profit to shareholders	0.0	206	309	306	351	429	493
Net margin %	0.0%	64.8%	71.7%	76.3%	78.1%	79.9%	80.1%
EPS (₹)	5.89	6.90	3.45	3.42	3.94	4.83	5.54

Balance sheet

Assets and debt

At each year end (and the latest half year), ₹ crore.

Equity, debt and assets

79957.0

Mar 23

972148

Mar 24

1,136107

Mar 25

1,36537.4

Mar 26

1,46011.9

Sep 26

Shareholders' equity · YoY (vs a year ago)

—+22%+17%+20%—

Shareholders' equityBorrowingsCashLine = trend

₹ Cr	Mar 23	Mar 24	Mar 25	Mar 26	Sep 26
Shareholders' equity	799	972	1,136	1,365	1,460
Long-term borrowings	0.0	0.0	0.0	0.0	0.0
Short-term borrowings	0.0	0.0	0.0	0.0	0.0
Current liabilities	610	751	1,007	1,019	1,110
Fixed assets (PPE)	22.7	20.2	15.3	29.0	24.7
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	7.0	86.3	2.6	2.0	1.1
Cash & equivalents	57.0	148	107	37.4	11.9
Current assets	772	1,184	1,584	2,032	2,151
Total assets	1,453	1,774	2,197	2,436	2,622

Cash flow

Cash coming in and going out

For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.

Operating, investing and financing cash

762-448-136

FY22

-22.670.3-215

FY23

298-24.5-183

FY24

427-196-272

FY25

433-231-272

FY26

Operations · YoY (vs a year ago)

—-103%+1,420%+43%+1.3%

OperationsInvestingFinancingLine = trend

₹ Cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	762	-22.6	298	427	433
Cash from investing	-448	70.3	-24.5	-196	-231
Cash from financing	-136	-215	-183	-272	-272
Spent on fixed assets	-11.1	-8.7	-15.3	-7.9	-14.8
Free cash flow	751	-31.4	283	419	418
Net cash flow	178	-167	90.9	-41.0	-69.6

Shareholding

Who holds the shares

Promoter and public holding at each quarter end, as filed with NSE.

Holding over time

0.0%Dec 23

0.0%Mar 24

0.0%Jun 24

0.0%Sep 24

0.0%Dec 24

0.0%Mar 25

0.0%Jun 25

0.0%Sep 25

0.0%Dec 25

0.0%Mar 26

0.0%Jun 26

0.0%Sep 26

Promoter & groupPublic

Latest (30 Sep 2026)

0.0%promoter

Promoter & group: 0.00%
Public (FIIs, mutual funds, retail…): 99.73%
Employee trusts: 0.27%
Promoter change, last quarter: 0.00 pts

Dividends & news

Latest dividends and announcements

Dividends & corporate actions

Dividend - Rs 2 Per ShareEx 15-May-2026
Interim Dividend - Rs 1.50 Per ShareEx 04-Feb-2026
Dividend - Rs 1.50 Per ShareEx 16-May-2025
Interim Dividend - Rs 1.50 Per ShareEx 31-Jan-2025
Annual General MeetingEx 29-Jul-2024
Dividend - Rs 1.50 Per ShareEx 31-May-2024
Interim Dividend - Re 1 Per ShareEx 02-Feb-2024
Annual General MeetingEx 28-Aug-2023

Board meetings

the financial results for the period ended September 30, 202629-Oct-2026
INDIAN ENERGY EXCHANGE LIMITED has informed the Exchange about Board Meeting to be held on 29-Oct-2026 to inter-alia consider and approve the Unaudit…29-Oct-2026
the financial results for the period ended Jun 30, 202623-Jul-2026
INDIAN ENERGY EXCHANGE LIMITED has informed the Exchange about Board Meeting to be held on 23-Jul-2026 to inter-alia consider and approve the Unaudit…23-Jul-2026
the Yearly Audited Financial results of the Company for the period ended March 2026 and Dividend.23-Apr-2026

Filings with NSE

Analysts/Institutional Investor Meet/Con. Call Updates5 Nov
Press Release3 Nov
Updates30 Oct
Analysts/Institutional Investor Meet/Con. Call Updates30 Oct
Copy of Newspaper Publication30 Oct
Investor Presentation29 Oct
Press Release29 Oct

Latest news

IEX Share PriceUpstox · 11 Nov, 5:03 pm Indian Green Energy Stocks Show Mixed Trends As Select Counters Gain Amid Market-Wide Selling Pressure (12 November 2026)SolarQuarter · 12 Nov, 5:25 pm Explained: Why Indian Energy Exchange shares fell after CERC proposed market coupling rulesFortune India · 20 Apr, 12:30 pm Indian Energy Exchange (NSEI:IEX) Stock Draws Fresh Price Target Split After Peer Analyst SignalsYahoo Finance · 18 Jun, 12:30 pm Indian Energy Exchange (IEX) Q1 Results Today: Time, Earnings Call Schedule, Share Price PerformanceNDTV Profit · 23 Jul, 12:30 pm IEX Share Price near 52-week low: price, RSI, valuationUnivest · 21 Oct, 12:30 pm Indian Energy Exchange (NSEI:IEX) Stock Forecast & Analyst PredictionsSimply Wall St · 3 Nov, 1:30 pm Indian Energy Exchange Q1 Consolidated Net Profit Reaches 1.35B Rupees as Revenue Touches 1.58B RupeesSahi · 23 Jul, 12:30 pm

About

About Indian Energy Exchange Limited

The Indian Energy Exchange (IEX) is an Indian electronic system based power trading exchange regulated by the Central Electricity Regulatory Commission (CERC). IEX started its operations on 27 June 2008. Indian Energy Exchange pioneered the development of power trading in India and provides an electronic platform to the various participants in power market, comprising State Electricity Boards, Power producers (Gencos), Power traders, and Open Access Consumers.

From Wikipedia (CC BY-SA 4.0).

Company details

Company name: Indian Energy Exchange Limited
NSE symbol: IEX
BSE scrip code: 540750
ISIN: INE022Q01020
Listed on: NSE, BSE
Series: EQ (normal equity)
Listed on NSE since: 23 Oct 2017
Face value: ₹1 per share
Market lot: 1 share
Shares issued: 89.09 crore
Index: NIFTY 500
Sector (NSE): Financial Services
Industry: Investment Banks/Brokers
Managing director / CEO: Satyanarayan Goel
Chair: Satyanarayan Goel
Headquarters: New Delhi
Registered address: Plot No. C-001/A/1, 9th Floor, Max Towers Sector 16B, Noida, Gautam Buddha Nagar, Uttar Pradesh-201301,India
Founded: 2008
Employees: 179
Financial year: April to March
Results basis: Consolidated
Website: iexindia.com

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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.

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Indian Energy Exchange Limited

Today

Ratios

Quarterly results

Revenue and net profit

Profit & loss

Sales, operating profit and net profit

Balance sheet

Equity, debt and assets

Cash flow

Operating, investing and financing cash

Shareholding

Holding over time

Latest (30 Sep 2026)

Dividends & news

Dividends & corporate actions

Board meetings

Filings with NSE

Latest news

About

Company details

Peers