NSE IEX · BSE 540750 · Investment Services · NIFTY 500
Indian Energy Exchange Share Price
Indian Energy Exchange Overview
Where the price stands, how it has moved and how it sits against its averages.
Indian Energy Exchange shares last traded at ₹111.20 on the NSE, down 1.24% on the day. That is 30.6% below the 52-week high of ₹160.30 and 0.8% above the 52-week low of ₹110.30. The stock trades at 21.90× earnings, above the sector average of 15.35. Its market value is ₹10,052 Cr.
Price returns
Against the market: 1 Month ▼ −3.97% · 3 Months ▼ −7.01% · 6 Months ▼ −6.45% · This year ▼ −3.98% · 1 Year ▼ −13.72%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 0 of 6
- 300-day average₹127.07 ▼ price 12.5% below
- 100-day average₹123.52 ▼ price 10.0% below
- 50-day average₹122.45 ▼ price 9.2% below
- 20-day average₹117.43 ▼ price 5.3% below
- 10-day average₹114.46 ▼ price 2.8% below
- 5-day average₹113.52 ▼ price 2.0% below
- Today's price₹111.20
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
Indian Energy Exchange Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹624 Cr | ▲ +16.1% | ₹493 Cr | 79.0% | ₹5.54 | ₹3.50 |
| FY 2025 | ₹537 Cr | ▲ +19.6% | ₹429 Cr | 79.9% | ₹4.83 | ₹3.00 |
| FY 2024 | ₹449 Cr | ▲ +12.0% | ₹351 Cr | 78.1% | ₹3.94 | ₹2.50 |
| FY 2023 | ₹401 Cr | ▼ −7.0% | ₹306 Cr | 76.3% | ₹3.42 | ₹1.00 |
| FY 2022 | ₹431 Cr | ▲ +35.6% | ₹309 Cr | 71.7% | ₹3.45 | ₹2.00 |
| FY 2021 | ₹318 Cr | ▲ +23.6% | ₹206 Cr | 64.8% | ₹2.30 | ₹1.33 |
| FY 2020 | ₹257 Cr | — | ₹176 Cr | 68.3% | ₹1.96 | ₹0.83 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹158 Cr | ▼ −9.4% | ₹135 Cr | 85.4% | ₹1.52 |
| Q4 FY26 | ₹174 Cr | ▲ +19.7% | ₹130 Cr | 74.5% | ₹1.46 |
| Q3 FY26 | ₹146 Cr | ▼ −5.4% | ₹119 Cr | 81.8% | ₹1.34 |
| Q2 FY26 | ₹154 Cr | ▲ +8.6% | ₹123 Cr | 80.1% | ₹1.39 |
| Q1 FY26 | ₹142 Cr | ▼ −0.4% | ₹121 Cr | 85.1% | ₹1.36 |
| Q4 FY25 | ₹142 Cr | ▲ +7.7% | ₹117 Cr | 82.3% | ₹1.32 |
| Q3 FY25 | ₹132 Cr | ▼ −5.3% | ₹107 Cr | 81.2% | ₹1.21 |
| Q2 FY25 | ₹139 Cr | — | ₹108 Cr | 77.7% | ₹1.22 |
Balance sheet — FY26
- Total assets₹2,436 Cr
- Total liabilities₹1,071 Cr
- Shareholders' equity₹1,365 Cr
- Total debt₹11 Cr
- Cash & investments₹1,804 Cr
- Current ratio2.00×
- Revenue growth, 5 yr14.43% a year
- EPS growth, 5 yr19.22% a year
- Operating margin (TTM)81.01%
- Net margin (TTM)80.25%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 257.13 | 317.85 | 431.04 | 400.85 | 449.15 | 537.26 | 623.74 |
| Cost of revenue | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — |
| Operating expenses | 70.20 | 83.54 | 78.63 | 82.97 | 92.69 | 104.85 | 118.90 |
| Operating income | 186.93 | 234.32 | 352.41 | 317.88 | 356.47 | 432.42 | 504.84 |
| Depreciation | 15.24 | 16.51 | 17.23 | 18.59 | 20.47 | 21.25 | 23.32 |
| Profit before tax | 225.62 | 270.45 | 405.24 | 401.83 | 466.14 | 564.54 | 645.56 |
| Tax | 49.90 | 65.02 | 96.60 | 95.94 | 115.36 | 135.37 | 152.64 |
| Net profit | 175.72 | 206.09 | 309.26 | 305.89 | 350.78 | 429.17 | 492.92 |
| EPS (₹) | 1.96 | 2.30 | 3.45 | 3.42 | 3.94 | 4.83 | 5.54 |
| Dividend per share (₹) | 0.83 | 1.33 | 2.00 | 1.00 | 2.50 | 3.00 | 3.50 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 667.26 | 985.16 | 1,696.19 | 1,453.41 | 1,773.66 | 2,196.66 | 2,435.75 |
| Current assets | 344.60 | 736.88 | 1,473.24 | 771.67 | 1,183.65 | 1,583.74 | 2,032.23 |
| Cash & short-term investments | 337.29 | 702.36 | 1,375.75 | 751.70 | 1,018.75 | 1,289.84 | 1,803.80 |
| Inventory | — | — | — | — | — | — | — |
| Property, plant & equipment | 21.83 | 24.84 | 20.24 | 25.19 | 20.19 | 15.25 | 29.01 |
| Total liabilities | 279.31 | 459.05 | 992.78 | 654.31 | 801.49 | 1,060.36 | 1,071.19 |
| Current liabilities | 235.38 | 382.25 | 953.70 | 610.44 | 751.36 | 1,006.57 | 1,018.53 |
| Total debt | 15.83 | 11.73 | 10.01 | 14.10 | 10.36 | 6.15 | 11.16 |
| Total equity | 387.95 | 526.11 | 703.41 | 799.10 | 972.17 | 1,136.30 | 1,364.56 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 126.02 | 306.36 | 762.32 | −22.62 | 298.46 | 427.25 | 432.77 |
| From investing | −2.52 | −196.05 | −448.42 | 70.26 | −24.50 | −196.37 | −230.53 |
| From financing | −161.45 | −77.12 | −135.77 | −214.79 | −183.09 | −271.85 | −271.82 |
| Capital expenditure | −7.77 | −20.96 | −11.07 | −9.02 | −15.30 | −7.85 | −14.78 |
| Dividends paid | −74.60 | −74.71 | −134.53 | −89.70 | −177.98 | −267.00 | −267.00 |
| Net change in cash | −37.96 | 33.19 | 178.13 | −167.15 | 90.88 | −40.97 | −69.58 |
What Analysts Say
Recommendations from 12 analysts who cover Indian Energy Exchange.
▲ 4 bullish (33.3%) · 3 hold (25.0%) · ▼ 5 bearish (41.7%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | — |
| Buy | 3 | 3 | 4 | 4 | 4 | ▲ +1 |
| Hold | 3 | 3 | 3 | 3 | 3 | — |
| Sell | 2 | 2 | 2 | 3 | 3 | ▲ +1 |
| Strong Sell | 3 | 3 | 2 | 2 | 2 | ▼ −1 |
Analyst ratings are opinions, not a guarantee of returns.
Indian Energy Exchange vs Peers
Side by side with other investment services companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| Indian Energy Exchange | ₹111.20 | ▼ −1.24% | ₹10,052 Cr | 21.90 | 7.39 | 41.44% | 80.25% | 3.09% | This stock |
| ICICI Prudential Asset Management Company Ltd | ₹3,176.10 | ▲ +0.07% | ₹1,56,625 Cr | 47.70 | 37.71 | 80.08% | 55.98% | 0.86% | Bullish |
| HDFC Asset Management Company | ₹2,385.00 | ▼ −2.49% | ₹1,02,271 Cr | 39.87 | 12.31 | 29.78% | 69.30% | 2.04% | Bearish |
| Nippon Life India Asset Management | ₹1,145.25 | ▼ −1.79% | ₹73,290 Cr | 50.08 | 16.25 | 28.27% | 56.41% | 1.81% | Moderately Bearish |
| Multi Commodity Exchange Of India | ₹3,426.00 | ▲ +1.60% | ₹87,360 Cr | 52.61 | 16.59 | 18.83% | 57.84% | 0.22% | Bullish |
| Motilal Oswal Financial Services | ₹1,018.00 | ▼ −2.12% | ₹61,317 Cr | 30.83 | 4.52 | 22.40% | 21.18% | 0.62% | Bullish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
Indian Energy Exchange Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 7.27× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 105 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield3.09%
- Payout ratio36.18%
- 5-year average dividend₹2.40 a share
- Latest dividend₹2.00 per share · 15 May 2026
Corporate calendar
- MeetingAnnual General Meeting
- BoardQuarterly Results
- Dividend₹2.00 per share · 200% · Final dividend
- BoardAudited Results & Final Dividend
- Dividend₹1.50 per share · 150% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- BoardQuarterly Results
- MeetingAnnual General Meeting
Show 15 older events
- BoardQuarterly Results
- Dividend₹1.50 per share · 150% · Final dividend
- BoardAudited Results & Final Dividend
- MeetingPostal Ballot
- Dividend₹1.50 per share · 150% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹1.50 per share · 150% · Final dividend
- Dividend₹1.00 per share · 100% · Interim dividend
- MeetingAnnual General Meeting
- Dividend₹1.00 per share · 100% · Final dividend
- MeetingPostal Ballot
- Dividend₹1.00 per share · 100% · Interim dividend
- BonusBonus issue in the ratio of 2:1 of Re. 1/-.
About Indian Energy Exchange
Investment Services
Indian Energy Exchange Limited is a Power Exchange. The main activity of the Company is to provide an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity. It offers various trade markets, such as the electricity market, green market, and certificates. The electricity market includes day-ahead market (DAM), term ahead market, real-time market, and cross border electricity trade. The green market includes the green term ahead market, green intra day market, and green day-ahead market. The certificate market includes renewable energy certificates and energy-saving certificates. Its market data includes day-ahead market, green day-ahead market (G-Dam), real-time market, Renewable Energy Certificate (REC) Market, Energy Saving Certificates (ESCerTs) market, trading calendar, and clearing holidays. DAM is a physical electricity trading market, which allows market participants to buy and sell electricity for the next day.
Key people
- Satyanarayan N. GoelExecutive Chairman of the Board, Joint Managing Director
- Vineet HarlalkaChief Financial Officer, Chief Compliance Officer, Company Secretary
- Puneet ChitkaraSenior Vice President - Head Strategy
- Rohit BajajJoint Managing Director, Executive Director
- Amit KumarExecutive Director (Non-Board), Head - Market Operations, New Product Initiatives and Exchange Technology
Company facts
- NSE symbolIEX
- BSE code540750
- ISININE022Q01020
- IndustryInvestment Services
- IndexNIFTY 500
- Market cap₹10,052 Cr
- Revenue (FY26)₹624 Cr
- Net profit (FY26)₹493 Cr
In the News
Recent headlines about Indian Energy Exchange — they open on Mint in a new tab.
- Siguler Guff raises $500 mn to target India's mid-market companies
Siguler Guff has raised a $500 million fund to deepen investments in India’s mid-market, founder- and family-owned businesses. It will target consumer, healthcare, financial services and tech, with recent bets including La Renon, Trimex Foods, Rajasthan Royals and Valliance.ai.
19 Aug 2026 · 5 min read · Mint ↗ - IEX Q1 results: Net profit grows 12% YoY to ₹135 crore; electricity volumes rise 16%
Indian Energy Exchange reported a robust June quarter with standalone PAT increasing 12.1% YoY to ₹126.7 crore and consolidated PAT up 11.7% to ₹134.8 crore. Electricity trading volume rose 15.9% YoY to 37.5 billion units, highlighting a strong market response during record peak demand.
23 Jul 2026 · 2 min read · Mint ↗ - Upcoming IPO: Indian Gas Exchange files DRHP with SEBI for IPO
Indian Gas Exchange (IGX) has submitted its draft red herring prospectus to SEBI for a proposed IPO, consisting entirely of an offer for sale. Parent company IEX plans to reduce its stake from 47.3% to 25%, complying with regulations ahead of a planned launch by December 2026.
15 Jul 2026 · 2 min read · Mint ↗ - Solar glut sinks power prices to near zero on exchanges, exposes structural gaps
For the second time in two years, rates on the Real Time Market of the Indian Energy Exchange dropped to near-zero— ₹0.0003 per unit on the afternoon of 5 April—as excess solar power flooded the market even as demand dipped due to rains and thunderstorms in Delhi and other parts of northern India.
29 Apr 2026 · 4 min read · Mint ↗ - Stocks to watch: Infosys, Cyient, Adani Energy, RIL, LTM, among top shares in focus today
On Friday, Indian markets may experience volatility due to global cues and rising crude oil prices. Despite recent declines in equities, early indicators show a positive opening. Key focus stocks include Infosys, Tata Capital, and Cyient, among others, reporting mixed quarterly performances.
24 Apr 2026 · 3 min read · Mint ↗ - IEX Q4 Results: Net profit rises 11% YoY to ₹130 crore; board declares ₹2 final dividend
Indian Energy Exchange reported a 10.8% YoY increase in net profit to ₹129.8 crore for Q4. Revenue rose 12.5% YoY to ₹196.4 crore. The company achieved record electricity trading volumes and announced a final dividend of ₹2 per share, pending approval.
23 Apr 2026 · 1 min read · Mint ↗ - IEX share price surges over 3% following board's approval to launch Coal Exchange
Indian Energy Exchange shares surged 3% as it announced in-principle approval for a Coal Exchange. February saw a 30.4% growth in electricity trading volume to 12,550 million units and a 15.2% increase in renewable energy certificates traded.
18 Mar 2026 · 2 min read · Mint ↗ - IGX eyes December listing, lines up expansion
The IPO would largely be an offer for sale for 22% stake by promoter Indian Energy Exchange Ltd, says MD and CEO Rajesh Mediratta
7 Jan 2026 · 3 min read · Mint ↗
Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →