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Indian Energy Exchange Limited

Indian Energy Exchange Limited

NSE: IEX
Capital MarketsFinancial ServicesMID CAPMCap ₹9.56k Cr
₹107.55₹-0.05 (-0.05%)

Market Closed • NSE

Market cap₹9.56k Cr
Enterprise value₹7.75k Cr
P/E TTM18.87
Forward P/E17.16
P/B7.05
EPS TTM₹5.70
Forward EPS₹6.27
ROCE51.40%
D/E0.82
Dividend yield0.04%
Face value₹1.00
52W high₹160.27
52W low₹103.05
Price chart(1Y)
1Y Return:-11.00% (₹13.29)
H: ₹134.76L: ₹103.05
1W+3.05%
1M-5.16%
3M-13.57%
6M-15.26%
1Y-19.85%
Today at a glance

Day range

₹106.64₹108.54

52 week range

₹103.05₹160.27
Volume3.30M0.93x 20D avg
Free float50.00%-7.20% volume

Indian Energy Exchange Limited closed at INR107.55 (-0.05%) on volume 0.93x its 20-day average, trading 32.89% below its 52-week high.

Technical analysis
RSI (14)42.1Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹2.37Moderate
SMA 20₹108.37BEARISH
SMA 50₹115.72BEARISH
SMA 100₹119.89BEARISH
SMA 200₹123.69BEARISH
CPR bottom₹108.11
Pivot₹107.94
CPR top₹107.77
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +3.8% QoQ

2026-05-15

DIVIDEND Announced

Dividend - Rs 2 Per Share

2026-02-04

DIVIDEND Announced

Interim Dividend - Rs 1.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Business Activity)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹11.0 Cr₹9.56k Cr0.12%≤ 33%PASS
Non-halal income ratio–₹616.0 Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹2.44k Cr—≥ 20%PENDING_DATA
Receivables ratio–₹2.44k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E18.8716.50
Forward P/E17.16—
P/B7.051.60
EV/EBITDA14.9018.00
PEG—0.50
Earnings yield5.306.10
Growth & profitability
RevenuePAT
FY25PAT margin 79.90%
FY26PAT margin 80.00%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+4.70%
Revenue CAGR 5Y+2.80%
PAT CAGR 3Y+4.70%
PAT CAGR 5Y+2.80%
Operating margin83.75%
Net margin66.22%
Financial health & cash flow
Net debt₹11.0 CrHealthy
Interest coverage260.00xEBIT / interest
CFO / PAT0.88x3Y average
Net debt / EBITDA0.02xLeverage
Operating cash flow₹433.0 Cr
Capital expenditure–
Free cash flow₹433.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation60/100
Profitability80/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 51.4%

Attractive Valuation: P/E of 18.9x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Capital Markets.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
44.10%Institutional holding
55.63%Public holding
5Periods available
0.00%Promoter pledged
13.97LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
15 May 2026Dividend₹2.00 / share—15 May 2026
04 Feb 2026Dividend₹1.50 / share—04 Feb 2026
16 May 2025Dividend₹1.50 / share—16 May 2025
31 Jan 2025Dividend₹1.50 / share—31 Jan 2025
—Annual General MeetingAnnual General Meeting—29 Jul 2024
31 May 2024Dividend₹1.50 / share—31 May 2024
03 Feb 2024Dividend₹1.00 / share—02 Feb 2024
—Annual General MeetingAnnual General Meeting—28 Aug 2023
28 Jul 2023Dividend₹1.00 / share—28 Jul 2023
—Annual General MeetingAnnual General Meeting—24 Aug 2022
12 Aug 2022Dividend₹1.00 / share—11 Aug 2022
04 Feb 2022Dividend₹1.00 / share—03 Feb 2022
06 Dec 2021Bonus issue2:1 bonus ratio—03 Dec 2021
—Annual General MeetingAnnual General Meeting—25 Aug 2021
20 Aug 2021Dividend₹1.50 / share—18 Aug 2021
30 Jan 2021Dividend₹2.50 / share—28 Jan 2021
—Annual General MeetingAnnual General Meeting—20 Aug 2020
21 Mar 2020Dividend₹2.50 / share—19 Mar 2020
—Annual General MeetingAnnual General Meeting—09 Sept 2019
15 Feb 2019Buy BackBuy Back—14 Feb 2019
22 Oct 2018Dividend₹10.00 / share—19 Oct 2018
—Dividend₹22.00 / share—10 Sept 2018
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)47.84%+5.14% latest vs average
Highest delivery56.92%on 15 Oct
Average volume (20D)3.56MTrading-session average
Conviction trendStrengthening+5.14% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
HDFC Bank Limited
HDFC Bank LimitedHDFCBANK
Open analysis
₹11.24L15.931.79%₹46,355.55₹19,059.72-45.69%+17.23%
ICICI Bank Limited
ICICI Bank LimitedICICIBANK
Open analysis
₹10.03L18.060.86%₹32,960.41₹16,276.00-35.98%+12.59%
State Bank of India
State Bank of IndiaSBIN
Open analysis
₹8.89L10.321.81%₹62,915.13₹25,121.00-29.09%+13.56%
Bajaj Finance Limited
Bajaj Finance LimitedBAJFINANCE
Open analysis
₹6.11L29.360.56%₹13,929.00₹6,081.00+17.62%+27.62%
Life Insurance Corporation of India
Life Insurance Corporation of IndiaLICI
Open analysis
₹5.03L8.372.54%₹2.40L₹13,584.00+6.76%+24.00%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank LimitedKOTAKBANK
Open analysis
₹4.45L21.930.15%₹11,266.63₹5,480.00-41.22%+22.54%
Axis Bank Limited
Axis Bank LimitedAXISBANK
Open analysis
₹4.02L14.510.08%₹21,381.52₹7,114.00-3.52%+22.53%
Bajaj Finserv Ltd.
Bajaj Finserv Ltd.BAJAJFINSV
Open analysis
₹2.77L27.450.08%₹42,036.90—+39.05%—
About Indian Energy Exchange Limited
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]

IndiaFinancial Services

Questions investors ask
Is Indian Energy Exchange Limited Shariah compliant?

Indian Energy Exchange Limited is currently screened as Non-Compliant (Business Activity) under AAOIFI Shariah Standard No. 21. Business activity in non-permissible sector: /\bfinancial services\b/i Debt to Market Cap (0.12%) complies with AAOIFI threshold (≤ 33%).

What is Indian Energy Exchange Limited's current valuation relative to peers?

Indian Energy Exchange Limited trades at a P/E of 18.9x compared to the sector median of 16.5x, and a Price-to-Book of 7.1x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.82x and a Net Debt to EBITDA ratio of 0.02x. Interest coverage is 260x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 2.8% while net profit growth averaged 2.8%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.