Indian Energy Exchange Limited

BSE: IEX540750ISIN INE022Q01020

Financial Services
Exchange and Data Platform
BSE 500

BSE listing

Share price

₹114.40+0.60 (+0.53%)

as of 18 Sep 2026

52W high: ₹160.30
52W low: ₹110.30
Off 52W high: -28.63%
1M return: -7.44%
3M return: -6.92%
6M return: -5.06%
1Y return: -23.07%
20D avg volume: 3,31,373
50 DMA: ₹122.63
200 DMA: ₹127.19

Key ratios Consolidated

Market cap: ₹10,281 Cr
Current price: ₹114.40
52W high / low: ₹160.30 / ₹110.30
Face value: ₹1.00
P/E: 20.12
P/B: —
EPS (TTM): ₹5.69
Book value / share: —
ROE: —
ROCE: 44.30%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-37.36 Cr
Interest cover: 275.46
Dividend yield: 3.06%
Dividend / share (TTM): ₹3.50
Payout: 61.51%
Cash conversion cycle: -1.6 days

About

In plain English

Indian Energy Exchange (IEX) runs a digital marketplace where electricity producers and buyers trade power for delivery the next day or even in real time—like a stock exchange for electricity. For example, a factory that needs extra power tomorrow can buy it on IEX's Day-Ahead Market, while a solar farm can sell its excess power instantly on the Real-Time Market. IEX also handles trading of Renewable Energy Certificates (RECs), which companies buy to prove they're using green energy, and it operates a natural gas exchange where fertilizer plants and city gas distributors trade gas for physical delivery. Its customers include over 90 state electricity boards, 5,900+ commercial and industrial users, and thousands of power generators. IEX makes money by charging a small fee on every trade of electricity, certificates, or gas.

AI-generated summary, written from the company's own filings and disclosures. Every figure elsewhere on this page comes from exchange data, not from a model. See our editorial standards. Generated 23 Jul 2026.

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	157.88	174.30	145.67	153.93	141.75	142.25	132.05	139.40	123.56	121.28	115.30	108.53
	44.93	22.14	37.40	29.34	42.43	32.35	28.48	28.37	30.91	28.00	25.92	24.44
	33.73	31.72	30.30	26.70	32.47	26.82	25.02	25.49	30.13	22.66	22.42	22.35
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	14.12	11.82	13.04	11.84	12.29	11.43	11.55	12.16	10.99	10.31	9.33	9.51
	0.77	0.65	0.52	0.53	0.58	0.61	0.67	0.66	0.67	0.72	0.71	0.70
	6.01	6.13	6.05	5.70	5.45	5.28	5.41	5.33	5.24	5.22	5.19	5.07
	12.83	13.12	10.69	8.62	14.15	9.50	7.39	7.34	13.22	6.40	7.19	7.07
	169.08	164.72	152.76	156.57	151.71	147.78	135.51	142.28	124.34	126.63	118.80	110.63
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	169.08	164.72	152.76	156.57	151.71	147.78	135.51	142.28	124.34	126.63	118.80	110.63
	42.05	39.36	37.83	37.75	37.69	34.89	32.16	36.84	31.48	32.03	30.48	27.88
	134.76	129.77	119.11	123.35	120.70	117.11	107.29	108.32	96.44	96.69	91.81	86.46
	1.52	1.45	1.34	1.39	1.36	1.32	1.21	1.22	1.08	1.09	1.03	0.97
Key metrics
	175.86	171.50	159.33	162.80	157.74	153.67	141.59	148.27	130.25	132.57	124.70	116.40
	111.40%	98.40%	109.40%	105.80%	111.30%	108.00%	107.20%	106.40%	105.40%	109.30%	108.20%	107.30%
	85.40%	74.50%	81.80%	80.10%	85.10%	82.30%	81.20%	77.70%	78.10%	79.70%	79.60%	79.70%
	—	11.70%	—	12.10%	—	12.50%	—	—	—	—	—	—
	11.40%	22.50%	10.30%	10.40%	14.70%	17.30%	14.50%	28.40%	—	—	—	—
	11.60%	10.80%	11.00%	13.90%	25.20%	21.10%	16.90%	25.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20
Income statement
	631.78	615.65	537.26	449.15	400.85	431.04	317.85	257.13
	133.81	131.31	120.11	101.69	73.25	53.37	38.38	40.27
	122.45	121.18	107.46	95.60	85.53	86.58	85.78	71.78
	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	—	—	—	—	—
	50.82	49.00	46.14	39.01	34.65	41.76	44.38	33.23
	2.47	2.28	2.62	2.83	2.46	1.98	2.06	1.57
	23.89	23.32	21.25	20.47	18.59	17.23	16.51	15.24
	45.26	46.59	37.46	33.28	29.84	25.62	22.84	—
	643.13	625.77	549.90	455.25	388.57	397.82	270.45	225.62
	0.00	0.00	0.00	0.00	0.00	5.98	0.00	0.00
	643.13	625.77	549.90	455.25	388.57	403.80	270.45	225.62
	156.99	152.64	135.37	115.36	95.94	96.60	65.02	49.90
	506.99	492.92	429.17	350.78	305.89	308.64	205.43	175.72
	5.70	5.54	4.83	3.94	3.42	3.45	6.91	5.89
Key metrics
	669.49	651.37	573.77	478.55	409.62	423.01	289.02	242.43
	105.97%	105.80%	106.80%	106.50%	102.20%	98.10%	90.90%	94.30%
	80.25%	80.10%	79.90%	78.10%	76.30%	71.60%	64.60%	68.30%
	—	44.30%	46.40%	—	—	—	—	—
	—	14.60%	19.60%	12.00%	-7.00%	35.60%	23.60%	—
	—	14.90%	22.30%	14.70%	-0.90%	50.20%	16.90%	—
	—	417.99	419.40	—	—	—	—	—
	—	0.88	1.00	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—
	—	-37.36	-106.93	—	—	—	—	—
	—	-1.6	-0.6	—	—	—	—	—
Balance sheet
	—	2,436	2,197	—	—	—	—	—
	—	2,032	1,584	—	—	—	—	—
	—	37.36	106.93	—	—	—	—	—
	—	1.98	2.62	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—
	—	76.63	67.35	—	—	—	—	—
	—	29.01	15.25	—	—	—	—	—
	—	4.69	3.50	—	—	—	—	—
	—	1,019	1,007	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—
	—	1,365	1,136	—	—	—	—	—
Cash flow
	—	432.77	427.25	—	—	—	—	—
	—	-230.53	-196.37	—	—	—	—	—
	—	-271.82	-271.85	—	—	—	—	—
	—	14.78	7.85	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	155.93	172.25	143.91	152.24	139.99	141.26	131.31	139.24	123.56	121.28	115.30	108.53
	44.92	22.11	37.42	34.49	42.52	30.98	28.55	28.61	30.78	28.19	25.84	24.36
	32.54	31.45	30.12	26.46	32.10	25.18	24.54	24.93	29.43	22.34	21.31	22.10
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	13.96	11.60	12.91	11.65	11.97	11.07	11.26	11.96	10.69	10.08	9.00	9.29
	0.77	0.65	0.52	0.53	0.58	0.61	0.67	0.66	0.67	0.72	0.71	0.70
	6.00	6.12	6.04	5.69	5.43	5.26	5.39	5.32	5.23	5.21	5.17	5.06
	11.81	13.08	10.65	8.58	14.12	8.24	7.22	7.00	12.85	6.33	6.42	7.04
	168.30	162.91	151.20	160.28	150.41	147.06	135.31	142.92	124.91	127.13	119.83	110.79
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	168.30	162.91	151.20	160.28	150.41	147.06	135.31	142.92	124.91	127.13	119.83	110.79
	41.61	38.95	36.11	38.67	37.37	35.07	32.16	36.84	31.49	32.03	30.50	27.92
	126.69	123.96	115.09	121.61	113.04	111.99	103.15	106.08	93.42	95.10	89.33	82.87
	1.42	1.40	1.29	1.37	1.27	1.26	1.16	1.19	1.05	1.07	1.00	0.93
Key metrics
	175.07	169.68	157.76	166.50	156.42	152.93	141.37	148.90	130.81	133.06	125.71	116.55
	112.30%	98.50%	109.60%	109.40%	111.70%	108.30%	107.70%	106.90%	105.90%	109.70%	109.00%	107.40%
	81.20%	72.00%	80.00%	79.90%	80.70%	79.30%	78.60%	76.20%	75.60%	78.40%	77.50%	76.40%
	—	12.00%	—	12.80%	—	12.80%	—	—	—	—	—	—
	11.40%	21.90%	9.60%	9.30%	13.30%	16.50%	13.90%	28.30%	—	—	—	—
	12.10%	10.70%	11.60%	14.60%	21.00%	17.80%	15.50%	28.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	624.33	608.39	535.37	449.15	400.85	425.55	317.11	257.03	254.08	230.45
	138.94	136.55	118.92	101.63	73.21	52.33	40.27	40.12	40.08	25.62
	120.57	120.13	104.08	93.93	85.41	78.27	75.59	69.37	62.41	56.08
	0.00	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	0.00	—	—	—	—	—	—	—
	50.12	48.14	44.97	38.23	34.65	37.18	38.98	32.53	24.83	24.08
	2.47	2.28	2.62	2.83	2.46	1.97	2.05	1.57	0.73	0.23
	23.85	23.28	21.20	20.44	18.59	16.32	15.86	15.24	10.42	10.27
	44.12	46.42	35.30	32.42	29.71	22.79	18.70	—	—	—
	642.69	624.81	550.21	456.85	388.66	399.61	281.80	227.79	231.75	200.00
	0.00	0.00	0.00	—	—	—	—	—	—	—
	642.69	624.81	550.21	456.85	388.66	399.61	281.80	227.79	231.75	200.00
	155.34	151.10	135.56	115.41	95.96	97.09	68.31	49.87	66.71	68.31
	487.35	473.71	414.65	341.44	292.70	302.51	213.49	177.92	165.04	131.69
	5.48	5.33	4.66	3.84	3.27	3.38	7.15	5.96	5.47	—
Key metrics
	669.01	650.37	574.03	480.12	409.71	417.90	299.71	244.60	242.90	210.50
	107.16%	106.90%	107.20%	106.90%	102.20%	98.20%	94.50%	95.20%	95.60%	91.30%
	78.06%	77.90%	77.50%	76.00%	73.00%	71.10%	67.30%	69.20%	65.00%	57.10%
	—	46.10%	48.00%	—	—	—	—	—	—	—
	—	13.60%	19.20%	12.00%	-5.80%	34.20%	23.40%	1.20%	10.30%	—
	—	14.20%	21.40%	16.70%	-3.20%	41.70%	20.00%	7.80%	25.30%	—
	—	409.87	421.77	—	—	—	—	—	—	—
	—	0.90	1.04	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	-36.52	-106.64	—	—	—	—	—	—	—
	—	-1.8	-0.9	—	—	—	—	—	—	—
Balance sheet
	—	2,377	2,157	—	—	—	—	—	—	—
	—	2,023	1,580	—	—	—	—	—	—	—
	—	36.52	106.64	—	—	—	—	—	—	—
	—	1.22	2.01	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	76.58	67.29	—	—	—	—	—	—	—
	—	29.00	15.20	—	—	—	—	—	—	—
	—	4.11	3.33	—	—	—	—	—	—	—
	—	1,018	1,006	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	1,307	1,098	—	—	—	—	—	—	—
Cash flow
	—	424.64	429.60	—	—	—	—	—	—	—
	—	-222.94	-198.91	—	—	—	—	—	—	—
	—	-271.82	-271.85	—	—	—	—	—	—	—
	—	14.77	7.83	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +14.92%
Sales CAGR 5Y: +13.92%
Sales CAGR 10Y: —
Profit CAGR 3Y: +17.41%
Profit CAGR 5Y: +17.28%
Profit CAGR 10Y: —
Sales YoY (TTM): +13.14%
Profit YoY (TTM): +12.23%

Consolidated

Sales CAGR 3Y: +15.38%
Sales CAGR 5Y: +14.14%
Sales CAGR 10Y: —
Profit CAGR 3Y: +17.24%
Profit CAGR 5Y: +19.13%
Profit CAGR 10Y: —
Sales YoY (TTM): +13.74%
Profit YoY (TTM): +11.81%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 0.00%

Holder	Type	Holding	Previous	Change
PARAG PARIKH MUTUAL FUND UNDER ITS VARIOUS SCHEMES	Public	9.87%	—	—
DPVL VENTURES LLP	Public	7.02%	—	—
LIFE INSURANCE CORPORATION OF INDIA	Public	3.99%	—	—
Dalmia Power Limited	Public	3.74%	—	—
SBI MUTUAL FUND UNDER ITS VARIOUS SCHEMES	Public	3.38%	—	—
ICICI PRUDENTIAL MUTUAL FUND UNDER ITS VARIOUS SCHEMES	Public	3.13%	—	—
MASSACHUSETTS INSTITUTE OF TECHNOLOGY	Public	2.48%	—	—
KOTAK MUTUAL FUND UNDER ITS VARIOUS SCHEMES	Public	1.27%	—	—
INVESCO MUTUAL FUND UNDER ITS VARIOUS SCHEMES	Public	1.09%	—	—
MIRAE ASSET MUTUAL FUND UNDER ITS VARIOUS SCHEMES	Public	1.08%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Webcast link of the 20th Annual General Meeting held on September 9, 2026.10 Sep 2026 · AGM/EGM / AGM
Voting results along with the scrutinizer''s report of 20th Annual General Meeting held on September 9, 2026.9 Sep 2026 · AGM/EGM / AGM
Proceedings of 20th Annual General Meeting of the Indian Energy Exchange Limited held today, September 9, 2026.9 Sep 2026 · AGM/EGM / AGM
IEX Power Market Update August''26.3 Sep 2026 · Company Update / Press Release / Media Release
Schedule of Investor Meeting as on August 21, 2026.21 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper publication of Notice of the 20th Annual General Meeting and E-Voting infromation.18 Aug 2026 · Company Update / Newspaper Publication
Schedule of Investor Meeting as on August 17, 2026.17 Aug 2026 · Company Update / Analyst / Investor Meet
Indian Energy Exchange Limited Annual Report for the FY2025-26.15 Aug 2026 · Others / Reg. 34 (1) Annual Report
Newspaper publication of 20th Annual General Meeting, Final Dividend FY25-26, Record Date and E-Voting.15 Aug 2026 · Company Update / Newspaper Publication
Indian Energy Exchange Limited Annual Report for the FY 2025-2614 Aug 2026 · Company Update / General
Indian Energy Exchange Limited Business Responsibility and Sustainability Report for the FY 2025-2026.14 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
20th Annual General Meeting to be held on September 9, 2026 at 11:00 AM (IST) through VC/OAVM.14 Aug 2026 · AGM/EGM / AGM
Appointment of Mr. Alok Kumar Jha as the Head Business Development (Senior Vice President) categorized as Senior Management Personnel of the Company with effect from August 13, 2026.13 Aug 2026 · Company Update / Change in Management
IEX Power Market Update July''264 Aug 2026 · Company Update / Press Release / Media Release
Transcript of the IEX Analyst meet 2026 held on July 24, 2026.31 Jul 2026 · Company Update / Earnings Call Transcript
Schedule of Ananlyst Meet as on July 27, 2026.27 Jul 2026 · Company Update / Analyst / Investor Meet
Audio recording of IEX Analyst Meet 2026 held on July 24, 2026.24 Jul 2026 · Company Update / Analyst / Investor Meet
Investor Presentation IEX Ananlyst Meet 2026.24 Jul 2026 · Company Update / Investor Presentation
Newspaper Publication of Financial Results for the Quarter ended June 30, 2026.24 Jul 2026 · Company Update / Newspaper Publication
Board approved the unaudited Financial Results for the quarter ended June 30, 2026.23 Jul 2026 · Result / Financial Results
Press Release on IEX Unaudited Financial Results for the Quarter ended June 30, 2026.23 Jul 2026 · Company Update / Press Release / Media Release
Board Approved unaudited financial results for the quarter ended June 30, 202623 Jul 2026 · Board Meeting / Outcome of Board Meeting
Schedule of Annual Analyst Meet and Quarterly Earnings Call Q1FY27.15 Jul 2026 · Company Update / Analyst / Investor Meet
Indian Energy Exchange Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/07/2026 ,inter alia, to consider and approve Unaudited Financials ....15 Jul 2026 · Board Meeting / Board Meeting
Filling of DRHP of Indian Gas Exchange Limited, an associate company of Indian Energy Exchange Limited, with SEBI & BSE on July 14, 2026.15 Jul 2026 · Company Update / General
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2026.8 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
IEX Power Market Update Q1 FY27 and June26.3 Jul 2026 · Company Update / Press Release / Media Release
Closure of Trading Window for declaration of unaudited Financial Results for the quarter ending June 30, 2026.23 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Schedule of Investor Meeting as on June 23, 2026.23 Jun 2026 · Company Update / Analyst / Investor Meet
Schedule of Investor Meeting as on June 12, 2026.12 Jun 2026 · Company Update / Analyst / Investor Meet
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund10 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
IEX Power Market Update May 2026.3 Jun 2026 · Company Update / Press Release / Media Release
Schedule of Investor meeting as on June 01, 2026.1 Jun 2026 · Company Update / Analyst / Investor Meet
Incorporation of a wholly owned subsidiary Company, Indian Coal Exchange Limited.1 Jun 2026 · Company Update / General
Schedule of Investor Meeting as on May 26, 2026.26 May 2026 · Company Update / Analyst / Investor Meet
Schedule of Investor Meeting as on May 21, 2026.21 May 2026 · Company Update / Analyst / Investor Meet
Annual Secretarial Compliance Report for the financial year ended March 31, 2026.15 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Schedule of Investor Meeting as on May 08, 2026.8 May 2026 · Company Update / Analyst / Investor Meet
IEX Power Market Update April 2026.5 May 2026 · Company Update / Press Release / Media Release
Earning Call Transcript of the analyst and investors meeting held on April 24, 2026, to discuss the financial results of the Company for the quarter ended March 31, 2026.30 Apr 2026 · Company Update / Earnings Call Transcript

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.0000	15 May 2026	15 May 2026	—
Interim Dividend - Rs. - 1.5000	4 Feb 2026	4 Feb 2026	—
Final Dividend - Rs. - 1.5000	16 May 2025	16 May 2025	—
Interim Dividend - Rs. - 1.5000	31 Jan 2025	31 Jan 2025	—