Indian Energy Exchange
Indian Energy Exchange Share Price Chart
Indian Energy Exchange last traded at ₹104.30 (2026-10-13). Over the past month the stock moved -10.4%, three months the stock moved -18.2%, year the stock moved -30.0%. Its closing range over 52 weeks is ₹103.75 – ₹147.05, with the latest close 29.1% below the high.
Closing prices up to 2026-10-13.
About Indian Energy Exchange
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]
Premier Energy Exchange:[1] The company is India’s premier electricity exchange with an 85% market share as of 9MFY25, offering a nationwide, automated trading platform for the physical delivery of electricity, renewable power, renewable energy certificates, and energy-saving certificates. The exchange platform improves price discovery, market accessibility, and trade efficiency in India's power sector.[2]
Fundamentals
Quarterly Results
In the latest quarter (Jun 2026), Indian Energy Exchange reported sales of ₹156.00 crore (+11.4%) and net profit of ₹127.00 crore (+12.4%), compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Jun 2026 | 156.00 | 130.00 | 83.00 | 127.00 | 1.42 |
| Mar 2026 | 172.00 | 148.00 | 86.00 | 124.00 | 1.39 |
| Dec 2025 | 144.00 | 120.00 | 84.00 | 115.00 | 1.29 |
| Sep 2025 | 152.00 | 132.00 | 87.00 | 122.00 | 1.36 |
| Jun 2025 | 140.00 | 114.00 | 81.00 | 113.00 | 1.27 |
| Mar 2025 | 141.00 | 122.00 | 86.00 | 112.00 | 1.26 |
| Dec 2024 | 131.00 | 113.00 | 86.00 | 103.00 | 1.16 |
| Sep 2024 | 139.00 | 120.00 | 86.00 | 106.00 | 1.19 |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +27.5% | +13.9% | +16.5% | +12.9% | +9.4% | +9.9% | +22.0% | +11.4% |
| Operating profit growth | +30.4% | +13.0% | +16.2% | +14.0% | +10.0% | +6.2% | +21.3% | +14.0% |
| Net profit growth | +27.7% | +15.7% | +17.9% | +21.5% | +15.1% | +11.7% | +10.7% | +12.4% |
| EPS growth | +28.0% | +16.0% | +17.8% | +21.0% | +14.3% | +11.2% | +10.3% | +11.8% |
| OPM % | 86.0% | 86.0% | 86.0% | 81.0% | 87.0% | 84.0% | 86.0% | 83.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Annual Financials
In the latest year (Mar 2026), Indian Energy Exchange reported sales of ₹608.00 crore (+13.6%) and net profit of ₹474.00 crore (+14.2%), compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 608.00 | 514.00 | 84.00 | 474.00 | 5.31 |
| Mar 2025 | 535.00 | 455.00 | 85.00 | 415.00 | 4.65 |
| Mar 2024 | 449.00 | 379.00 | 84.00 | 341.00 | 3.83 |
| Mar 2023 | 401.00 | 337.00 | 84.00 | 293.00 | 3.28 |
| Mar 2022 | 426.00 | 366.00 | 86.00 | 303.00 | 3.37 |
| Mar 2021 | 317.00 | 259.00 | 82.00 | 213.00 | 2.38 |
| Mar 2020 | 257.00 | 204.00 | 80.00 | 178.00 | 1.98 |
| Mar 2019 | 254.00 | 203.00 | 80.00 | 165.00 | 1.81 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +10.4% | +1.2% | +23.3% | +34.4% | -5.9% | +12.0% | +19.2% | +13.6% |
| Operating profit growth | +9.7% | +0.5% | +27.0% | +41.3% | -7.9% | +12.5% | +20.1% | +13.0% |
| Net profit growth | +25.0% | +7.9% | +19.7% | +42.3% | -3.3% | +16.4% | +21.7% | +14.2% |
| EPS growth | +24.8% | +9.4% | +20.2% | +41.6% | -2.7% | +16.8% | +21.4% | +14.2% |
| OPM % | 80.0% | 80.0% | 82.0% | 86.0% | 84.0% | 84.0% | 85.0% | 84.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
AI Analysis
IEX is trading at ₹122.03, down 1.17% today and 3.85% over 3 months, but up 6.58% YoY; the stock is 27.8% below its 52W high of ₹204.95. Fundamentally strong with 15% 3-year sales CAGR, 20% profit CAGR, exceptional ROE of 36.3%, and ROCE of 52%—all well above cost of capital—coupled with minimal D/E of 0.01 and excellent cash flow (OCF ₹425Cr, 87% of net profit). Valuation is attractive at P/E 22.73 (61% discount to industry P/E 59.02) and P/B 8.22, but technical setup is mixed: RSI 50.3 is neutral (not bullish), Tech Score 46.7 indicates weak technicals, Trend is bearish, and delivery % of 8% signals low conviction; FII holdings declining QoQ (-1.53%) suggests cautious institutional sentiment despite strong fundamentals.
- Exceptional capital efficiency: ROCE 52% and ROE 36.3% are best-in-class, indicating superior returns on shareholder capital and competitive moat in power-trading infrastructure.
- Resilient profitability with 84–87% operating margins and 79–81% net profit margins across last 4 quarters; TTM NPM 78% demonstrates pricing power and operational excellence in zero-leverage business model.
- Attractive valuation at P/E 22.73 (39% discount to industry median 59.02) and strong earnings momentum with 20% 3-year profit CAGR and 12% TTM growth, coupled with minimal D/E ratio of 0.01 and ₹425Cr operating cash flow providing downside safety.
- Technical momentum weakening: price trading 27.8% below 52W high, RSI 50.3 neutral (not bullish), Tech Score 46.7 bearish, and Trend flagged bearish; delivery % of 8% indicates minimal institutional conviction despite fundamental strength, suggesting near-term price pressure until technical reset occurs.
- FII holdings declining QoQ by 1.53% to 12.63% while DII increased only 1.21%, signaling potential institutional rotation away from stock; if FII outflow accelerates or volumes remain suppressed (0.70x of 20D avg), could limit near-term price discovery despite strong earnings.
AI-generated analysis for informational purposes only — not SEBI-registered investment advice.
See Full AI Analysis — Free FREE →Latest News
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Bernstein upgrades IEX: Sees delay in market coupling lowering near-term pressures
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Spot market power prices more than doubled in September on high demand: IEX - Business Standard
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IEX Q2 electricity traded volume rises 12.7% as power demand stays strong - Business Standard
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IEX logs 10.4% growth in electricity trade volume to 12.2 billion units in Sept
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Indian Energy Exchange Q2FY27 Results: Electricity volume up 12.7% YoY - scanx.trade
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Spot market power prices more than doubled in September on high demand: IEX - Business Standard
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IEX Q2 electricity traded volume rises 12.7% as power demand stays strong - Business Standard
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IEX logs 10.4% growth in electricity trade volume to 12.2 billion units in Sept
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Spot market power prices more than doubled in September on high demand: IEX - business-standard.com
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IEX Q2 electricity traded volume rises 12.7% as power demand stays strong - Business Standard
Frequently Asked Questions
What is the share price of Indian Energy Exchange today?
Indian Energy Exchange shares were last quoted at ₹104.30 (-0.5% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
What is the P/E ratio of Indian Energy Exchange?
Indian Energy Exchange has a price-to-earnings (P/E) ratio of 19.82 and a price-to-book (P/B) ratio of 6.74. The industry P/E is 50.58.
What is the 52-week high and low of Indian Energy Exchange?
The 52-week high of Indian Energy Exchange is ₹160.30 and the 52-week low is ₹110.30.
What is the market cap of Indian Energy Exchange?
The market capitalisation of Indian Energy Exchange is about ₹10,053.84 crore.
How did Indian Energy Exchange perform in its latest quarterly results?
In the latest quarter (Jun 2026), Indian Energy Exchange reported sales of ₹156.00 crore (+11.4%) and net profit of ₹127.00 crore (+12.4%), compared with the same quarter last year.
Is Indian Energy Exchange a good stock to buy?
This page is for information and is not investment advice. As per the data shown here, Indian Energy Exchange has a 3-year ROE of 40.00%, 3-year profit growth of 20.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
Which sector does Indian Energy Exchange belong to?
Indian Energy Exchange belongs to the Power Generation/Distribution sector.
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