Indian Energy Exchange Ltd Stock Price Today (NSE: IEX)

Indian Energy Exchange Ltd

125.250.14 (0.11%)
Market Open

Fundamental Score

...

Indian Energy Exchange Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Indian Energy Exchange Ltd share price today is 125.25, down 0.11% on NSE/BSE as of 18 June 2026. Indian Energy Exchange Ltd (IEX) is a Mid-cap company in the Exchange and Data Platform sector with a market capitalisation of 13.08K (Cr). The 52-week high for IEX share price is 211.75 and the 52-week low is 114.60. At a P/E ratio of 29.07x, IEX is currently trading below its industry average P/E of 65.39x. The company has a Return on Equity (ROE) of 40.53% and a debt-to-equity ratio of 0.00.

Indian Energy Exchange Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
137.34
Low
121.47
Volume
55.4L
Change
+0.11%

Indian Energy Exchange Ltd share price chart: 0.11% return over the past month. 52-week high ₹211.75, 52-week low ₹114.60.

Indian Energy Exchange Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
125.00125.49122.65125.2546.51L (Cr)
128.90129.22125.00125.3945.25L (Cr)
126.48129.80126.43128.3171.12L (Cr)
126.59126.59126.59126.590.00 (Cr)
127.30128.77125.71126.5938.78L (Cr)
127.37127.99126.69127.4736.55L (Cr)
127.70129.69127.25127.5828.19L (Cr)
127.05128.69125.53127.0736.01L (Cr)
126.21127.25125.78127.0526.92L (Cr)
124.50125.91123.93125.6223.55L (Cr)

Indian Energy Exchange Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
128.90129.22122.65125.25-2.83%
125.19137.34121.47128.31+2.49%
117.00136.80116.00125.19+7.00%
122.14126.19114.60114.75-6.05%
125.00130.70119.00125.64+0.51%
134.50160.27125.28126.79-5.73%
140.00151.76131.27134.22-4.13%
140.09145.19135.01139.29-0.57%
139.80149.49133.50139.06-0.53%
139.80152.44136.75139.19-0.44%
135.44148.80130.26139.80+3.22%
194.00211.75131.50135.30-30.26%

AI Research Briefing

Powered by Gemini · 2026-04-10

IEX is diversifying beyond electricity trading, but regulatory risks and zero promoter holding temper enthusiasm.

Research Confidence
6.0/10Moderate
COMPOUNDERConsolidation - 1M: 5.49%, 3M: 3.9%, 6M: -27.38%Expensive - P/E 29.07x vs Industry P/E 65.39x

WHAT'S HAPPENING NOW (last 2-4 weeks)

IEX saw its highest-ever electricity traded volume of 141 billion units in FY26, a 17% YoY increase. Q4 volume reached a record 39.4 BU, up 24.3% YoY. March REC trading jumped 119.9% YoY, with a clearing price of per certificate. IEX is also exploring a coal exchange after receiving in-principle approval.

CORE STORY (THE REAL GAME)

Why Now
  • Record FY26 electricity volume
  • Strong growth in real-time market
  • Potential coal exchange launch
Potential Catalysts
  • Favorable outcome on market coupling appeal
  • Successful launch of coal exchange
  • IGX IPO
Key Risks
  • Market coupling regulatory risk
  • Zero promoter holding
  • Valuation still elevated despite correction
Institutional Activity

FII decreased holding by 5.33%, DII increased holding by 2.31%

Macro Context

Increasing power demand in India is a tailwind, but global economic uncertainty is a headwind.

Cash Flow Quality

Yes - Free Cash Flow 5Y: ₹1742.41 Cr

3–6 Month Outlook

IEX's future hinges on navigating regulatory hurdles and successfully diversifying into new energy markets. Expect volatility as the market digests news on market coupling and new venture performance.

Primary Thesis Risk

Market coupling could decimate IEX's core business.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

40.53%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

53.61%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

84.36%

Average operating profit margin over 5 years

Good

Dividend Yield

2.04%

Annual dividend as % of current share price

Indian Energy Exchange Ltd Valuation Check

Excellent

Price to Earnings (P/E)

29.07x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

65.39x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Poor

Promoter Holding

0.00%

% shares held by company founders/management

Good

FII Holding

13.20%

% shares held by foreign institutional investors

Excellent

DII Holding

36.43%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

14.64%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

9.34%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

15.81%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

19.98%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

19.79%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

249.15x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

1.74K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Indian Energy Exchange Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of IEX across key market metrics for learning purposes.

Positive Indicators

12 factors identified

Strong Return on Equity (40.53%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (53.61%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (84.36%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 29.07 vs Industry: 65.39)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (15.81% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (19.98% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (19.79% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (249.15x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹1742.41 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Strong Institutional Confidence (FII+DII: 49.63%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

1 factors identified

Low Promoter Commitment (0.00%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

Indian Energy Exchange Ltd vs Exchange and Data Platform Peers

Peer Comparison - Exchange and Data Platform

Compare Indian Energy Exchange Ltd with 2 other companies in the same sector

3 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
64.9/100
125
₹13075.50
29.1
Average
40.53%
Excellent
53.61%
Excellent
0.0
Excellent
19.79%
Excellent
15.81%
Excellent
2.04%
64/100
4248
₹117570.95
65.4
Average
36.04%
Excellent
46.57%
Excellent
0.0
Excellent
65.43%
Excellent
39.45%
Excellent
0.21%
66/100
3415
₹52048.15
74.8
Average
34.33%
Excellent
42.86%
Excellent
0.0
Excellent
25.43%
Excellent
22.84%
Excellent
0.29%

Indian Energy Exchange Ltd PE Ratio History

Historical price-to-earnings ratio for IEX — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20254.83₹134.2227.8x
FY 20246.64₹181.7827.4x
FY 20243.94₹181.7846.1x
FY 20237.85₹168.0021.4x
FY 20233.42₹168.0049.1x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Indian Energy Exchange Ltd Dividend History

Annual cash dividends paid by IEX — dividend yield 2.04%

Financial YearDividends Paid (₹ Cr)
FY 2025267.00 Cr
FY 202420.53 Cr
FY 2024177.98 Cr
FY 202319.07 Cr
FY 202389.70 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Indian Energy Exchange Ltd Quarterly Performance

Latest quarterly metrics for IEX — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

9.34%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

14.64%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

15.81%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

19.79%

Compounded annual net profit growth over 5 years

Indian Energy Exchange Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for IEX — calculated from daily price history

28RSI 14
Oversold — RSI 28

Selling pressure is heavy — potential reversal zone.

SMA 50
126
▼ Price below SMA 50 — Short-term bearish
SMA 200
134
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
7377K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Indian Energy Exchange Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Indian Energy Exchange Ltd (IEX) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Indian Energy Exchange Ltd

About IEX (Indian Energy Exchange Ltd)

Indian Energy Exchange Ltd is the premier electronic platform for trading electricity and related energy products in India, functioning as a central hub where buyers and sellers co...nverge to optimize power procurement and distribution. The Exchange operates a sophisticated marketplace leveraging cutting-edge technology to ensure transparency, efficiency, and price discovery. Its impact reverberates across the power sector, empowering generators, distributors, and consumers alike to participate in a dynamic and responsive energy ecosystem. IEX plays a pivotal role in shaping the nation's energy landscape by facilitating seamless trading, fostering competitive pricing, and encouraging the adoption of renewable energy sources. At the heart of IEX lies a trio of distinct markets designed to address the diverse needs of its participants. The Day-Ahead Market serves as the primary arena for physical electricity trading, enabling participants to buy and sell power for delivery on the following day. Term-Ahead Market offers a comprehensive suite of products allowing participants to engage in intra-day, day-ahead contingency, and term-ahead contracts to manage their energy needs effectively. The Real-Time Market provides a platform for short-term trading ensuring grid stability by enabling market participants to respond to instantaneous changes in supply and demand. Beyond its core electricity trading activities, Indian Energy Exchange Ltd actively promotes the integration of renewable energy sources into the grid. It provides a dedicated avenue for trading renewable energy certificates, empowering companies to meet their renewable purchase obligations and supporting the growth of clean energy generation. IEX also contributes to the evolution of the energy sector through data analytics and market intelligence, providing valuable insights to stakeholders. By facilitating transparent and efficient price discovery and fostering a dynamic energy ecosystem, IEX empowers market participants to make informed decisions, manage risk effectively, and drive the transition towards a sustainable energy future.

Company Details

Symbol:IEX
Industry:Exchange and Data Platform
Sector:Exchange and Data Platform

Key Leadership

Mr. Satyanarayan N. Goel
Joint MD, Co-CEO & Chairman
Mr. Rohit Bajaj
Joint MD, Co-CEO & Director
Mr. Vineet Harlalka A.C.A. A.C.S.
CFO, Compliance Officer & Company Secretary

IEX Share Price: Frequently Asked Questions

What is the current share price of Indian Energy Exchange Ltd?

Indian Energy Exchange Ltd (IEX) trades at ₹125.25 on NSE and BSE. Market cap ₹13.08K (Cr). Educational data only.

What is the P/E ratio of Indian Energy Exchange Ltd?

Indian Energy Exchange Ltd has a P/E of 29.07x vs industry average 65.39x.

What is the Bull Run score for Indian Energy Exchange Ltd?

Indian Energy Exchange Ltd has a Bull Run score of 64.9/100 based on 25+ financial parameters.

Does Indian Energy Exchange Ltd pay dividends?

Indian Energy Exchange Ltd has a dividend yield of 2.04%. Past dividends don't guarantee future payments.

What is the ROE of Indian Energy Exchange Ltd?

Indian Energy Exchange Ltd has ROE of 40.53%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Indian Energy Exchange Ltd?

Indian Energy Exchange Ltd has debt-to-equity of 0.00.

Is Indian Energy Exchange Ltd a good investment?

Bull Run gives Indian Energy Exchange Ltd a score of 64.9/100. This is not investment advice — consult a SEBI-registered advisor.