Share Price and Basic Stock Data
Last Updated: January 10, 2026, 5:06 am
| PEG Ratio | 3.25 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Indian Energy Exchange Ltd (IEX) operates within the exchanges sector, focusing on facilitating the trading of electricity and renewable energy certificates. As of the latest reporting period, IEX recorded sales of ₹401 Cr for the fiscal year ending March 2023, which rose to ₹449 Cr in March 2024 and is expected to reach ₹535 Cr in March 2025, indicating a robust growth trajectory. Quarterly sales figures demonstrate consistent performance, with the latest reported quarter (September 2023) showing sales of ₹109 Cr, slightly up from ₹104 Cr in the preceding quarter. The company’s ability to maintain a steady increase in sales over the past few quarters reflects its strong market position and operational effectiveness. The operating profit margin (OPM) stood at an impressive 87%, showcasing the company’s high efficiency in managing operational costs. The recorded revenue from operations per share of ₹6.03 for March 2025 further emphasizes the company’s capability to generate income effectively amidst a competitive landscape.
Profitability and Efficiency Metrics
IEX displays strong profitability metrics, with a net profit of ₹450 Cr reported for the fiscal year ending March 2025. The net profit margin was recorded at 77.15%, underscoring the company’s ability to convert a significant portion of revenue into profit. The return on equity (ROE) stood at 40.5%, indicating effective utilization of shareholders’ equity to generate earnings. Moreover, the return on capital employed (ROCE) was an impressive 53.6%, revealing the company’s operational efficiency in generating returns from its capital base. The interest coverage ratio (ICR) of 219.26x illustrates a very low risk of default on interest payments, suggesting that IEX is in a strong position to meet its financial obligations. These metrics are well above sector averages, indicating that IEX is not only profitable but also operates efficiently compared to its peers in the exchanges sector.
Balance Sheet Strength and Financial Ratios
The balance sheet of IEX reflects a solid financial position with total assets of ₹2,157 Cr as of March 2025, against total liabilities of ₹2,157 Cr, demonstrating a balanced approach to asset management. The company’s reserves have consistently increased, standing at ₹1,111 Cr in September 2025, which provides a cushion for future growth opportunities and investment. IEX has minimal borrowings, recorded at just ₹4 Cr, which highlights its low leverage and financial prudence. The price-to-book value ratio stood at 13.77x, indicating a premium valuation compared to book value, typical for high-growth companies in the exchanges sector. Additionally, the current ratio of 1.57x suggests that IEX maintains sufficient liquidity to cover its short-term liabilities, reflecting prudent financial management in a sector characterized by volatility.
Shareholding Pattern and Investor Confidence
The shareholding pattern of IEX indicates a diverse ownership structure, with foreign institutional investors (FIIs) holding 13.20% and domestic institutional investors (DIIs) at 36.43% as of September 2025. The public holds a significant 50.11%, pointing towards a broad base of retail investor participation. The fluctuations in FIIs over time, peaking at 17.88% in March 2023, suggest a dynamic interest from foreign investors, although a decline to 13.20% indicates some volatility in confidence. Conversely, the increasing DII shareholding from 21.73% in December 2022 to 36.43% in September 2025 reflects growing institutional confidence in IEX’s long-term prospects. This diversified ownership, coupled with a substantial number of shareholders (14,38,943), enhances market stability and indicates a strong belief in the company’s operational and financial strategies.
Outlook, Risks, and Final Insight
Looking ahead, IEX is well-positioned for continued growth, driven by its strong profitability and operational efficiency. However, potential risks include regulatory changes that could impact trading dynamics and competition from emerging platforms. The company’s high OPM and ROCE present strengths, but its high valuation relative to book value raises concerns about future price corrections. Additionally, while the low debt levels provide financial flexibility, reliance on continued market growth could expose IEX to cyclical downturns in the energy sector. The balance between these strengths and risks will be crucial as IEX navigates the evolving landscape of energy trading. Future performance will depend on its ability to leverage technological advancements and adapt to regulatory changes, ensuring sustained investor confidence and market leadership.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Indian Energy Exchange Ltd (IEX) | 12,337 Cr. | 138 | 215/130 | 27.4 | 13.5 | 2.17 % | 53.6 % | 40.5 % | 1.00 |
| BSE Ltd | 1,08,728 Cr. | 2,670 | 3,030/1,227 | 60.5 | 128 | 0.22 % | 46.6 % | 36.0 % | 2.00 |
| Industry Average | 60,532.50 Cr | 1,404.00 | 43.95 | 70.75 | 1.20% | 50.10% | 38.25% | 1.50 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 95 | 100 | 107 | 104 | 109 | 115 | 121 | 124 | 139 | 131 | 141 | 140 | 152 |
| Expenses | 16 | 17 | 14 | 22 | 16 | 15 | 16 | 24 | 19 | 18 | 19 | 26 | 20 |
| Operating Profit | 79 | 83 | 93 | 82 | 92 | 100 | 105 | 100 | 120 | 113 | 122 | 114 | 132 |
| OPM % | 83% | 83% | 87% | 78% | 85% | 87% | 86% | 81% | 86% | 86% | 86% | 81% | 87% |
| Other Income | 19 | 17 | 23 | 23 | 24 | 26 | 28 | 31 | 29 | 29 | 31 | 43 | 34 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 |
| Profit before tax | 92 | 95 | 110 | 99 | 111 | 120 | 127 | 125 | 143 | 135 | 147 | 150 | 160 |
| Tax % | 24% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 26% | 24% | 24% | 25% | 24% |
| Net Profit | 70 | 71 | 83 | 74 | 83 | 89 | 95 | 93 | 106 | 103 | 112 | 113 | 122 |
| EPS in Rs | 0.78 | 0.79 | 0.93 | 0.83 | 0.93 | 1.00 | 1.07 | 1.05 | 1.19 | 1.16 | 1.26 | 1.27 | 1.36 |
Last Updated: January 1, 2026, 8:16 am
Below is a detailed analysis of the quarterly data for Indian Energy Exchange Ltd (IEX) based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 152.00 Cr.. The value appears strong and on an upward trend. It has increased from 140.00 Cr. (Jun 2025) to 152.00 Cr., marking an increase of 12.00 Cr..
- For Expenses, as of Sep 2025, the value is 20.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 26.00 Cr. (Jun 2025) to 20.00 Cr., marking a decrease of 6.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 132.00 Cr.. The value appears strong and on an upward trend. It has increased from 114.00 Cr. (Jun 2025) to 132.00 Cr., marking an increase of 18.00 Cr..
- For OPM %, as of Sep 2025, the value is 87.00%. The value appears strong and on an upward trend. It has increased from 81.00% (Jun 2025) to 87.00%, marking an increase of 6.00%.
- For Other Income, as of Sep 2025, the value is 34.00 Cr.. The value appears to be declining and may need further review. It has decreased from 43.00 Cr. (Jun 2025) to 34.00 Cr., marking a decrease of 9.00 Cr..
- For Interest, as of Sep 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.00 Cr. (Jun 2025) to 6.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 160.00 Cr.. The value appears strong and on an upward trend. It has increased from 150.00 Cr. (Jun 2025) to 160.00 Cr., marking an increase of 10.00 Cr..
- For Tax %, as of Sep 2025, the value is 24.00%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Jun 2025) to 24.00%, marking a decrease of 1.00%.
- For Net Profit, as of Sep 2025, the value is 122.00 Cr.. The value appears strong and on an upward trend. It has increased from 113.00 Cr. (Jun 2025) to 122.00 Cr., marking an increase of 9.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 1.36. The value appears strong and on an upward trend. It has increased from 1.27 (Jun 2025) to 1.36, marking an increase of 0.09.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:12 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 174 | 176 | 170 | 199 | 230 | 254 | 257 | 317 | 426 | 401 | 449 | 535 | 565 |
| Expenses | 38 | 41 | 45 | 55 | 46 | 51 | 53 | 58 | 60 | 64 | 71 | 80 | 84 |
| Operating Profit | 136 | 136 | 125 | 143 | 185 | 203 | 204 | 259 | 366 | 337 | 379 | 455 | 481 |
| OPM % | 78% | 77% | 74% | 72% | 80% | 80% | 80% | 82% | 86% | 84% | 84% | 85% | 85% |
| Other Income | 0 | 0 | 25 | 34 | 26 | 40 | 40 | 40 | 52 | 73 | 102 | 119 | 137 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 2 |
| Depreciation | 3 | 3 | 3 | 3 | 10 | 10 | 15 | 16 | 16 | 19 | 20 | 21 | 22 |
| Profit before tax | 133 | 132 | 147 | 174 | 200 | 232 | 228 | 282 | 400 | 389 | 457 | 550 | 593 |
| Tax % | 31% | 32% | 32% | 35% | 34% | 29% | 22% | 24% | 24% | 25% | 25% | 25% | |
| Net Profit | 92 | 90 | 100 | 114 | 132 | 165 | 178 | 213 | 303 | 293 | 341 | 415 | 450 |
| EPS in Rs | 1.12 | 1.10 | 1.16 | 1.31 | 1.45 | 1.81 | 1.98 | 2.38 | 3.37 | 3.28 | 3.83 | 4.65 | 5.05 |
| Dividend Payout % | 9% | 88% | 72% | 113% | 50% | 0% | 42% | 56% | 74% | 30% | 65% | 64% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -2.17% | 11.11% | 14.00% | 15.79% | 25.00% | 7.88% | 19.66% | 42.25% | -3.30% | 16.38% | 21.70% |
| Change in YoY Net Profit Growth (%) | 0.00% | 13.29% | 2.89% | 1.79% | 9.21% | -17.12% | 11.78% | 22.59% | -45.55% | 19.68% | 5.32% |
Indian Energy Exchange Ltd (IEX) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 16% |
| 3 Years: | 8% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 20% |
| 3 Years: | 12% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | -4% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | 42% |
| 5 Years: | 41% |
| 3 Years: | 39% |
| Last Year: | 41% |
Last Updated: September 5, 2025, 7:05 am
Balance Sheet
Last Updated: December 10, 2025, 2:50 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 27 | 27 | 29 | 29 | 30 | 30 | 30 | 30 | 90 | 89 | 89 | 89 | 89 |
| Reserves | 223 | 210 | 168 | 248 | 254 | 340 | 360 | 502 | 612 | 695 | 859 | 1,009 | 1,111 |
| Borrowings | 6 | 3 | 2 | 2 | 0 | 0 | 14 | 12 | 10 | 14 | 10 | 6 | 4 |
| Other Liabilities | 113 | 166 | 226 | 276 | 291 | 335 | 264 | 384 | 983 | 640 | 791 | 1,053 | 631 |
| Total Liabilities | 369 | 406 | 424 | 554 | 574 | 706 | 668 | 927 | 1,695 | 1,439 | 1,749 | 2,157 | 1,835 |
| Fixed Assets | 10 | 14 | 11 | 8 | 119 | 111 | 119 | 115 | 110 | 110 | 101 | 87 | 91 |
| CWIP | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 6 | 5 | 4 | 3 | 4 | 1 |
| Investments | 247 | 254 | 281 | 383 | 268 | 475 | 514 | 710 | 1,247 | 1,204 | 1,310 | 1,597 | 1,615 |
| Other Assets | 111 | 137 | 131 | 162 | 186 | 118 | 35 | 96 | 333 | 120 | 336 | 469 | 127 |
| Total Assets | 369 | 406 | 424 | 554 | 574 | 706 | 668 | 927 | 1,695 | 1,439 | 1,749 | 2,157 | 1,835 |
Below is a detailed analysis of the balance sheet data for Indian Energy Exchange Ltd (IEX) based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 89.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 89.00 Cr..
- For Reserves, as of Sep 2025, the value is 1,111.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,009.00 Cr. (Mar 2025) to 1,111.00 Cr., marking an increase of 102.00 Cr..
- For Borrowings, as of Sep 2025, the value is 4.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 6.00 Cr. (Mar 2025) to 4.00 Cr., marking a decrease of 2.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 631.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,053.00 Cr. (Mar 2025) to 631.00 Cr., marking a decrease of 422.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 1,835.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,157.00 Cr. (Mar 2025) to 1,835.00 Cr., marking a decrease of 322.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 91.00 Cr.. The value appears strong and on an upward trend. It has increased from 87.00 Cr. (Mar 2025) to 91.00 Cr., marking an increase of 4.00 Cr..
- For CWIP, as of Sep 2025, the value is 1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2025) to 1.00 Cr., marking a decrease of 3.00 Cr..
- For Investments, as of Sep 2025, the value is 1,615.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,597.00 Cr. (Mar 2025) to 1,615.00 Cr., marking an increase of 18.00 Cr..
- For Other Assets, as of Sep 2025, the value is 127.00 Cr.. The value appears to be declining and may need further review. It has decreased from 469.00 Cr. (Mar 2025) to 127.00 Cr., marking a decrease of 342.00 Cr..
- For Total Assets, as of Sep 2025, the value is 1,835.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,157.00 Cr. (Mar 2025) to 1,835.00 Cr., marking a decrease of 322.00 Cr..
Notably, the Reserves (1,111.00 Cr.) exceed the Borrowings (4.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 130.00 | 133.00 | 123.00 | 141.00 | 185.00 | 203.00 | 190.00 | 247.00 | 356.00 | 323.00 | 369.00 | 449.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 1 | 2 | 0 | 0 | 66 | 0 | 4 | 75 | 6 | 1 | 1 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 1 | 1 | 2 | 0 | 0 | 66 | 0 | 4 | 75 | 6 | 1 | 1 |
| Working Capital Days | -197 | -335 | -384 | -494 | -322 | -371 | -326 | -388 | -733 | -540 | -501 | -487 |
| ROCE % | 61% | 48% | 67% | 64% | 66% | 66% | 56% | 59% | 62% | 49% | 52% | 54% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Parag Parikh Flexi Cap Fund | 80,755,676 | 0.87 | 1124.85 | 44,206,584 | 2025-12-08 07:03:54 | 82.68% |
| ICICI Prudential India Opportunities Fund | 26,366,062 | 1.08 | 367.25 | 15,657,089 | 2025-12-08 07:03:54 | 68.4% |
| SBI Small Cap Fund | 21,509,115 | 0.83 | 299.6 | 21,509,115 | 2025-04-22 14:12:25 | 0% |
| SBI Contra Fund | 11,172,975 | 0.31 | 155.63 | 11,172,975 | 2025-04-22 15:56:57 | 0% |
| Mirae Asset Large Cap Fund | 9,497,548 | 0.32 | 132.29 | 17,300,483 | 2025-12-08 07:03:54 | -45.1% |
| Canara Robeco Small Cap Fund | 8,978,161 | 0.96 | 125.06 | 7,359,095 | 2025-12-08 07:03:54 | 22% |
| SBI Flexicap Fund | 8,000,000 | 0.47 | 111.43 | N/A | N/A | N/A |
| SBI Infrastructure Fund | 7,500,000 | 2.19 | 104.47 | 10,000,000 | 2025-05-25 00:04:50 | -25% |
| ICICI Prudential Banking and Financial Services | 7,234,465 | 0.91 | 100.77 | 5,652,542 | 2025-12-08 07:03:54 | 27.99% |
| ICICI Prudential Business Cycle Fund | 6,054,745 | 0.54 | 84.34 | 4,009,745 | 2025-12-08 07:03:54 | 51% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 4.83 | 3.94 | 3.42 | 3.45 | 6.91 |
| Diluted EPS (Rs.) | 4.83 | 3.94 | 3.42 | 3.45 | 6.90 |
| Cash EPS (Rs.) | 4.89 | 4.04 | 3.49 | 3.61 | 7.44 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 12.75 | 10.91 | 8.97 | 7.83 | 18.62 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 12.75 | 10.91 | 8.97 | 7.83 | 18.62 |
| Revenue From Operations / Share (Rs.) | 6.03 | 5.04 | 4.50 | 4.80 | 10.65 |
| PBDIT / Share (Rs.) | 6.44 | 5.37 | 4.60 | 4.64 | 9.68 |
| PBIT / Share (Rs.) | 6.20 | 5.14 | 4.39 | 4.45 | 9.13 |
| PBT / Share (Rs.) | 6.17 | 5.11 | 4.36 | 4.50 | 9.06 |
| Net Profit / Share (Rs.) | 4.65 | 3.82 | 3.28 | 3.42 | 6.88 |
| NP After MI And SOA / Share (Rs.) | 4.82 | 3.94 | 3.43 | 3.44 | 6.90 |
| PBDIT Margin (%) | 106.79 | 106.54 | 102.18 | 96.74 | 90.92 |
| PBIT Margin (%) | 102.84 | 101.98 | 97.54 | 92.75 | 85.73 |
| PBT Margin (%) | 102.35 | 101.35 | 96.93 | 93.68 | 85.08 |
| Net Profit Margin (%) | 77.15 | 75.67 | 73.00 | 71.26 | 64.63 |
| NP After MI And SOA Margin (%) | 79.88 | 78.09 | 76.30 | 71.74 | 64.83 |
| Return on Networth / Equity (%) | 37.76 | 36.08 | 38.27 | 43.96 | 39.17 |
| Return on Capital Employeed (%) | 46.42 | 44.80 | 46.38 | 53.84 | 45.19 |
| Return On Assets (%) | 19.53 | 19.77 | 21.04 | 18.23 | 20.91 |
| Asset Turnover Ratio (%) | 0.27 | 0.27 | 0.25 | 0.31 | 0.39 |
| Current Ratio (X) | 1.57 | 1.58 | 1.26 | 1.54 | 1.93 |
| Quick Ratio (X) | 1.57 | 1.58 | 1.26 | 1.54 | 1.93 |
| Dividend Payout Ratio (NP) (%) | 31.16 | 25.42 | 0.00 | 0.00 | 36.33 |
| Dividend Payout Ratio (CP) (%) | 29.69 | 24.01 | 0.00 | 0.00 | 33.64 |
| Earning Retention Ratio (%) | 68.84 | 74.58 | 0.00 | 0.00 | 63.67 |
| Cash Earning Retention Ratio (%) | 70.31 | 75.99 | 0.00 | 0.00 | 66.36 |
| Interest Coverage Ratio (X) | 219.26 | 168.81 | 166.75 | 211.16 | 140.65 |
| Interest Coverage Ratio (Post Tax) (X) | 159.41 | 120.90 | 120.12 | 153.52 | 100.98 |
| Enterprise Value (Cr.) | 15535.33 | 11777.83 | 11329.63 | 19918.21 | 9863.02 |
| EV / Net Operating Revenue (X) | 28.92 | 26.22 | 28.26 | 46.21 | 31.03 |
| EV / EBITDA (X) | 27.08 | 24.61 | 27.66 | 47.76 | 34.13 |
| MarketCap / Net Operating Revenue (X) | 29.13 | 26.64 | 28.42 | 46.75 | 31.26 |
| Retention Ratios (%) | 68.83 | 74.57 | 0.00 | 0.00 | 63.66 |
| Price / BV (X) | 13.77 | 12.31 | 14.26 | 28.65 | 18.89 |
| Price / Net Operating Revenue (X) | 29.13 | 26.64 | 28.43 | 46.75 | 31.26 |
| EarningsYield | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 |
After reviewing the key financial ratios for Indian Energy Exchange Ltd (IEX), here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 4.83. This value is below the healthy minimum of 5. It has increased from 3.94 (Mar 24) to 4.83, marking an increase of 0.89.
- For Diluted EPS (Rs.), as of Mar 25, the value is 4.83. This value is below the healthy minimum of 5. It has increased from 3.94 (Mar 24) to 4.83, marking an increase of 0.89.
- For Cash EPS (Rs.), as of Mar 25, the value is 4.89. This value is within the healthy range. It has increased from 4.04 (Mar 24) to 4.89, marking an increase of 0.85.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 12.75. It has increased from 10.91 (Mar 24) to 12.75, marking an increase of 1.84.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 12.75. It has increased from 10.91 (Mar 24) to 12.75, marking an increase of 1.84.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 6.03. It has increased from 5.04 (Mar 24) to 6.03, marking an increase of 0.99.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 6.44. This value is within the healthy range. It has increased from 5.37 (Mar 24) to 6.44, marking an increase of 1.07.
- For PBIT / Share (Rs.), as of Mar 25, the value is 6.20. This value is within the healthy range. It has increased from 5.14 (Mar 24) to 6.20, marking an increase of 1.06.
- For PBT / Share (Rs.), as of Mar 25, the value is 6.17. This value is within the healthy range. It has increased from 5.11 (Mar 24) to 6.17, marking an increase of 1.06.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 4.65. This value is within the healthy range. It has increased from 3.82 (Mar 24) to 4.65, marking an increase of 0.83.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 4.82. This value is within the healthy range. It has increased from 3.94 (Mar 24) to 4.82, marking an increase of 0.88.
- For PBDIT Margin (%), as of Mar 25, the value is 106.79. This value is within the healthy range. It has increased from 106.54 (Mar 24) to 106.79, marking an increase of 0.25.
- For PBIT Margin (%), as of Mar 25, the value is 102.84. This value exceeds the healthy maximum of 20. It has increased from 101.98 (Mar 24) to 102.84, marking an increase of 0.86.
- For PBT Margin (%), as of Mar 25, the value is 102.35. This value is within the healthy range. It has increased from 101.35 (Mar 24) to 102.35, marking an increase of 1.00.
- For Net Profit Margin (%), as of Mar 25, the value is 77.15. This value exceeds the healthy maximum of 10. It has increased from 75.67 (Mar 24) to 77.15, marking an increase of 1.48.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 79.88. This value exceeds the healthy maximum of 20. It has increased from 78.09 (Mar 24) to 79.88, marking an increase of 1.79.
- For Return on Networth / Equity (%), as of Mar 25, the value is 37.76. This value is within the healthy range. It has increased from 36.08 (Mar 24) to 37.76, marking an increase of 1.68.
- For Return on Capital Employeed (%), as of Mar 25, the value is 46.42. This value is within the healthy range. It has increased from 44.80 (Mar 24) to 46.42, marking an increase of 1.62.
- For Return On Assets (%), as of Mar 25, the value is 19.53. This value is within the healthy range. It has decreased from 19.77 (Mar 24) to 19.53, marking a decrease of 0.24.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.27. There is no change compared to the previous period (Mar 24) which recorded 0.27.
- For Current Ratio (X), as of Mar 25, the value is 1.57. This value is within the healthy range. It has decreased from 1.58 (Mar 24) to 1.57, marking a decrease of 0.01.
- For Quick Ratio (X), as of Mar 25, the value is 1.57. This value is within the healthy range. It has decreased from 1.58 (Mar 24) to 1.57, marking a decrease of 0.01.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 31.16. This value is within the healthy range. It has increased from 25.42 (Mar 24) to 31.16, marking an increase of 5.74.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 29.69. This value is within the healthy range. It has increased from 24.01 (Mar 24) to 29.69, marking an increase of 5.68.
- For Earning Retention Ratio (%), as of Mar 25, the value is 68.84. This value is within the healthy range. It has decreased from 74.58 (Mar 24) to 68.84, marking a decrease of 5.74.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 70.31. This value exceeds the healthy maximum of 70. It has decreased from 75.99 (Mar 24) to 70.31, marking a decrease of 5.68.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 219.26. This value is within the healthy range. It has increased from 168.81 (Mar 24) to 219.26, marking an increase of 50.45.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 159.41. This value is within the healthy range. It has increased from 120.90 (Mar 24) to 159.41, marking an increase of 38.51.
- For Enterprise Value (Cr.), as of Mar 25, the value is 15,535.33. It has increased from 11,777.83 (Mar 24) to 15,535.33, marking an increase of 3,757.50.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 28.92. This value exceeds the healthy maximum of 3. It has increased from 26.22 (Mar 24) to 28.92, marking an increase of 2.70.
- For EV / EBITDA (X), as of Mar 25, the value is 27.08. This value exceeds the healthy maximum of 15. It has increased from 24.61 (Mar 24) to 27.08, marking an increase of 2.47.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 29.13. This value exceeds the healthy maximum of 3. It has increased from 26.64 (Mar 24) to 29.13, marking an increase of 2.49.
- For Retention Ratios (%), as of Mar 25, the value is 68.83. This value is within the healthy range. It has decreased from 74.57 (Mar 24) to 68.83, marking a decrease of 5.74.
- For Price / BV (X), as of Mar 25, the value is 13.77. This value exceeds the healthy maximum of 3. It has increased from 12.31 (Mar 24) to 13.77, marking an increase of 1.46.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 29.13. This value exceeds the healthy maximum of 3. It has increased from 26.64 (Mar 24) to 29.13, marking an increase of 2.49.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Indian Energy Exchange Ltd (IEX):
- Net Profit Margin: 77.15%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 46.42% (Industry Average ROCE: 50.1%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 37.76% (Industry Average ROE: 38.25%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 159.41
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.57
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 27.4 (Industry average Stock P/E: 43.95)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 77.15%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Exchanges | C/o.Avanta Business Centre, First Floor, Unit No. 1.14(a) New Delhi Delhi 110017 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Satyanarayan Goel | Chairman & Managing Director |
| Mr. Amit Garg | Non Executive Director |
| Mr. Gautam Dalmia | Non Executive Director |
| Mr. Tejpreet Singh Chopra | Independent Director |
| Ms. Sudha Pillai | Independent Director |
| Mr. Pradeep Kumar Pujari | Independent Director |
| Mr. Rajeev Gupta | Independent Director |
| Mr. Rohit Bajaj | Joint Managing Director |
FAQ
What is the intrinsic value of Indian Energy Exchange Ltd (IEX)?
Indian Energy Exchange Ltd (IEX)'s intrinsic value (as of 11 January 2026) is ₹122.45 which is 11.27% lower the current market price of ₹138.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹12,337 Cr. market cap, FY2025-2026 high/low of ₹215/130, reserves of ₹1,111 Cr, and liabilities of ₹1,835 Cr.
What is the Market Cap of Indian Energy Exchange Ltd (IEX)?
The Market Cap of Indian Energy Exchange Ltd (IEX) is 12,337 Cr..
What is the current Stock Price of Indian Energy Exchange Ltd (IEX) as on 11 January 2026?
The current stock price of Indian Energy Exchange Ltd (IEX) as on 11 January 2026 is ₹138.
What is the High / Low of Indian Energy Exchange Ltd (IEX) stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Indian Energy Exchange Ltd (IEX) stocks is ₹215/130.
What is the Stock P/E of Indian Energy Exchange Ltd (IEX)?
The Stock P/E of Indian Energy Exchange Ltd (IEX) is 27.4.
What is the Book Value of Indian Energy Exchange Ltd (IEX)?
The Book Value of Indian Energy Exchange Ltd (IEX) is 13.5.
What is the Dividend Yield of Indian Energy Exchange Ltd (IEX)?
The Dividend Yield of Indian Energy Exchange Ltd (IEX) is 2.17 %.
What is the ROCE of Indian Energy Exchange Ltd (IEX)?
The ROCE of Indian Energy Exchange Ltd (IEX) is 53.6 %.
What is the ROE of Indian Energy Exchange Ltd (IEX)?
The ROE of Indian Energy Exchange Ltd (IEX) is 40.5 %.
What is the Face Value of Indian Energy Exchange Ltd (IEX)?
The Face Value of Indian Energy Exchange Ltd (IEX) is 1.00.