Share Price and Basic Stock Data
Last Updated: November 10, 2025, 9:09 pm
| PEG Ratio | 3.60 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Indian Energy Exchange Ltd (IEX) operates as a premier exchange for trading electricity in India, facilitating transactions that enhance market efficiency. For the financial year ending March 2025, IEX reported sales of ₹535 Cr, a notable increase from ₹449 Cr in March 2024, indicating a consistent upward trajectory. The company’s quarterly sales figures also reflect this growth, with the latest quarter (June 2025) recording ₹140 Cr in sales. This growth is supported by an efficient operational model that enables IEX to maintain an impressive operating profit margin (OPM) of 85% for the same quarter. Additionally, revenues from operations per share improved to ₹6.03 in March 2025, up from ₹5.04 in March 2024. As the market for renewable energy gains traction, IEX is poised to benefit from increased trading activity, further solidifying its market position.
Profitability and Efficiency Metrics
IEX has demonstrated exceptional profitability metrics, underscored by a return on equity (ROE) of 40.5% and a return on capital employed (ROCE) of 53.6%. Net profits for the financial year 2025 stood at ₹415 Cr, a substantial rise from ₹341 Cr in 2024. The company’s efficiency is evident in its interest coverage ratio (ICR) of 219.26x, indicating robust earnings relative to interest expenses. This high ICR reflects IEX’s minimal reliance on debt, as borrowings were recorded at just ₹6 Cr. The operating profit (OP) for March 2025 reached ₹455 Cr, affirming the company’s ability to convert sales into profits effectively. Additionally, the cash conversion cycle (CCC) remains exceptionally low at just 1 day, highlighting IEX’s operational efficiency and quick turnaround in cash flows, a critical factor in maintaining liquidity in a competitive market.
Balance Sheet Strength and Financial Ratios
The balance sheet of IEX exhibits considerable strength, with total assets escalating to ₹2,157 Cr as of March 2025, up from ₹1,749 Cr the previous year. The company’s reserves have also increased significantly to ₹1,009 Cr, reflecting retained earnings that bolster financial stability. With borrowings remaining low at ₹6 Cr, IEX maintains a conservative capital structure, which is further illustrated by a current ratio of 1.57, indicating liquidity adequacy to cover short-term liabilities. The price-to-book value (P/BV) ratio stood at 13.77x, suggesting that the stock is trading at a premium, reflective of investor confidence in its growth prospects. However, the enterprise value (EV) to net operating revenue ratio of 28.92x indicates a relatively high valuation compared to its revenues, which could be a concern for new investors considering entry points into the stock.
Shareholding Pattern and Investor Confidence
IEX has a diverse shareholding pattern, with public ownership at 50.11%, foreign institutional investors (FIIs) holding 13.20%, and domestic institutional investors (DIIs) at 36.43%. This distribution reflects a balanced investor base, which is crucial for market stability. Notably, DII holdings have increased from 21.73% in December 2022 to 36.43% in March 2025, indicating growing institutional confidence in IEX’s long-term growth potential. Conversely, FII investments have seen volatility, declining from 17.88% in March 2023 to 13.20% in September 2025, potentially signaling caution among foreign investors. The total number of shareholders was reported at 14,38,943 as of September 2025, which illustrates a stable investor community, contributing to the overall resilience of the stock amidst market fluctuations.
Outlook, Risks, and Final Insight
IEX’s outlook remains positive, bolstered by its strong financial performance and operational efficiency. However, risks such as regulatory changes in the energy market and increasing competition could pose challenges. The company’s high operating profit margin and effective cost management strategies are significant strengths that could mitigate these risks. Additionally, as the renewable energy sector expands, IEX is well-positioned to leverage increased trading volumes. Nevertheless, it must navigate potential market disruptions and evolving regulatory frameworks. Investors should remain vigilant regarding these factors while considering IEX’s robust fundamentals and growth trajectory. Should the company successfully adapt to market dynamics, it may continue to enhance shareholder value and maintain its leadership position in the energy exchange sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Indian Energy Exchange Ltd (IEX)
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Indian Energy Exchange Ltd (IEX) | 12,452 Cr. | 140 | 215/130 | 27.7 | 13.5 | 2.15 % | 53.6 % | 40.5 % | 1.00 |
| BSE Ltd | 1,06,775 Cr. | 2,625 | 3,030/1,227 | 67.3 | 109 | 0.23 % | 46.6 % | 36.0 % | 2.00 |
| Industry Average | 59,613.50 Cr | 1,382.50 | 47.50 | 61.25 | 1.19% | 50.10% | 38.25% | 1.50 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 98 | 95 | 100 | 107 | 104 | 109 | 115 | 121 | 124 | 139 | 131 | 141 | 140 |
| Expenses | 17 | 16 | 17 | 14 | 22 | 16 | 15 | 16 | 24 | 19 | 18 | 19 | 26 |
| Operating Profit | 81 | 79 | 83 | 93 | 82 | 92 | 100 | 105 | 100 | 120 | 113 | 122 | 114 |
| OPM % | 82% | 83% | 83% | 87% | 78% | 85% | 87% | 86% | 81% | 86% | 86% | 86% | 81% |
| Other Income | 15 | 19 | 17 | 23 | 23 | 24 | 26 | 28 | 31 | 29 | 29 | 31 | 43 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | 91 | 92 | 95 | 110 | 99 | 111 | 120 | 127 | 125 | 143 | 135 | 147 | 150 |
| Tax % | 25% | 24% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 26% | 24% | 24% | 25% |
| Net Profit | 69 | 70 | 71 | 83 | 74 | 83 | 89 | 95 | 93 | 106 | 103 | 112 | 113 |
| EPS in Rs | 0.76 | 0.78 | 0.79 | 0.93 | 0.83 | 0.93 | 1.00 | 1.07 | 1.05 | 1.19 | 1.16 | 1.26 | 1.27 |
Last Updated: August 1, 2025, 7:30 pm
Below is a detailed analysis of the quarterly data for Indian Energy Exchange Ltd (IEX) based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 140.00 Cr.. The value appears to be declining and may need further review. It has decreased from 141.00 Cr. (Mar 2025) to 140.00 Cr., marking a decrease of 1.00 Cr..
- For Expenses, as of Jun 2025, the value is 26.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 19.00 Cr. (Mar 2025) to 26.00 Cr., marking an increase of 7.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 114.00 Cr.. The value appears to be declining and may need further review. It has decreased from 122.00 Cr. (Mar 2025) to 114.00 Cr., marking a decrease of 8.00 Cr..
- For OPM %, as of Jun 2025, the value is 81.00%. The value appears to be declining and may need further review. It has decreased from 86.00% (Mar 2025) to 81.00%, marking a decrease of 5.00%.
- For Other Income, as of Jun 2025, the value is 43.00 Cr.. The value appears strong and on an upward trend. It has increased from 31.00 Cr. (Mar 2025) to 43.00 Cr., marking an increase of 12.00 Cr..
- For Interest, as of Jun 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 5.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 5.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 150.00 Cr.. The value appears strong and on an upward trend. It has increased from 147.00 Cr. (Mar 2025) to 150.00 Cr., marking an increase of 3.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be increasing, which may not be favorable. It has increased from 24.00% (Mar 2025) to 25.00%, marking an increase of 1.00%.
- For Net Profit, as of Jun 2025, the value is 113.00 Cr.. The value appears strong and on an upward trend. It has increased from 112.00 Cr. (Mar 2025) to 113.00 Cr., marking an increase of 1.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 1.27. The value appears strong and on an upward trend. It has increased from 1.26 (Mar 2025) to 1.27, marking an increase of 0.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:09 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 | 552 |
| Expenses | 38 | 41 | 45 | 55 | 46 | 51 | 53 | 58 | 60 | 64 | 71 | 80 | 83 |
| Operating Profit | 136 | 136 | 125 | 143 | 185 | 203 | 204 | 259 | 366 | 337 | 379 | 455 | 469 |
| 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 | 131 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| Depreciation | 3 | 3 | 3 | 3 | 10 | 10 | 15 | 16 | 16 | 19 | 20 | 21 | 21 |
| Profit before tax | 133 | 132 | 147 | 174 | 200 | 232 | 228 | 282 | 400 | 389 | 457 | 550 | 576 |
| 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 | 434 |
| 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 | 4.88 |
| 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: November 9, 2025, 2:14 pm
| 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 - No data available for this post.
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 | 44,206,584 | 0.83 | 777.02 | 44,206,584 | 2025-04-22 15:56:57 | 0% |
| Mirae Asset Large Cap Fund | 17,300,483 | 0.8 | 304.09 | 18,129,703 | 2025-05-25 00:04:50 | -4.57% |
| ICICI Prudential India Opportunities Fund | 15,657,089 | 1.07 | 275.2 | N/A | N/A | N/A |
| Mirae Asset Focused Fund | 8,589,289 | 2.04 | 150.97 | N/A | N/A | N/A |
| Canara Robeco Small Cap Fund | 7,359,095 | 1.17 | 129.35 | N/A | N/A | N/A |
| Kotak Equity Arbitrage Fund - Regular Plan | 7,151,250 | 0.21 | 125.7 | 4,998,750 | 2025-05-25 00:04:50 | 43.06% |
| ICICI Prudential Banking and Financial Services | 5,652,542 | 1.1 | 99.35 | N/A | N/A | N/A |
| ICICI Prudential Multicap Fund | 4,118,170 | 0.52 | 72.39 | N/A | N/A | N/A |
| ICICI Prudential Business Cycle Fund | 4,009,745 | 0.59 | 70.48 | N/A | N/A | N/A |
| DSP Tiger Fund | 3,903,082 | 1.41 | 68.6 | N/A | N/A | N/A |
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: 27.7 (Industry average Stock P/E: 47.5)
- 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%
FAQ
What is the intrinsic value of Indian Energy Exchange Ltd (IEX)?
Indian Energy Exchange Ltd (IEX)'s intrinsic value (as of 10 November 2025) is 123.76 which is 11.60% lower the current market price of 140.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 12,452 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 12,452 Cr..
What is the current Stock Price of Indian Energy Exchange Ltd (IEX) as on 10 November 2025?
The current stock price of Indian Energy Exchange Ltd (IEX) as on 10 November 2025 is 140.
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 27.7.
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 2.15 %.
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.