



Financial Services | Small Cap
Indian Energy Exchange Ltd demonstrates a strong overall financial profile, marked by exceptional profitability, robust growth, and an almost debt-free balance sheet. The company's ability to convert revenue into profit is outstanding, with very high margins, indicating a highly efficient and profitable core business. Growth prospects appear bright, with consistent expansion in revenues, profits, and earnings. A major strength is its financial stability, as it relies almost entirely on shareholder funds rather than debt, minimizing financial risk. Key areas of concern are related to its short-term liquidity, as the company holds fewer liquid assets compared to its immediate obligations. This might be a characteristic of its business model as an exchange but represents a potential vulnerability. Additionally, while the company is growing, some financial metrics like earnings per share and book value are not as strong when benchmarked. The future outlook is positive, driven by strong growth and profitability, though attention to liquidity is warranted.
Indian Energy Exchange Ltd demonstrates a strong overall financial profile, marked by exceptional profitability, robust growth, and an almost debt-free balance sheet. The company's ability to convert revenue into profit is outstanding, with very high margins, indicating a highly efficient and profitable core business. Growth prospects appear bright, with consistent expansion in revenues, profits, and earnings. A major strength is its financial stability, as it relies almost entirely on shareholder funds rather than debt, minimizing financial risk. Key areas of concern are related to its short-term liquidity, as the company holds fewer liquid assets compared to its immediate obligations. This might be a characteristic of its business model as an exchange but represents a potential vulnerability. Additionally, while the company is growing, some financial metrics like earnings per share and book value are not as strong when benchmarked. The future outlook is positive, driven by strong growth and profitability, though attention to liquidity is warranted.
Overall Valuation Score
Markets Depth NSE
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0
0
Sell Orders
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0
0
Markets Today NSE
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0.00
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0.00
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Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
22.45
Industry Median
22.28
Small Cap Median
19.54
P/E RATIO
21.56
P/B RATIO
7.79
Industry Median
1.96
Small Cap Median
1.42
P/S RATIO
18.38
Industry Median
4.16
Small Cap Median
3.60
Others
PEG RATIO
0.00
EV/EBITDA RATIO
16.73
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹119.2 as on Sep 1, 2026.
The company is on an excellent growth trajectory. It has demonstrated strong and consistent growth across all key areas, including revenue, operating profit, and net income. This indicates high demand for its services and effective management that translates top-line growth into bottom-line profitability. The expansion of its asset base further supports this growth narrative, suggesting investment in future capacity. This all-around strong growth is a primary indicator of a healthy, expanding, and successful business.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 35.53 | -6.96 | 11.97 | 19.6 | 14.71 |
| Operating Profit Growth Rate | 45.02 | -7.69 | 12.2 | 20.42 | 14.54 |
| Earnings Per Share (EPS) Growth | 50.22 | -0.29 | 14.58 | 22.39 | 14.97 |
| Asset Growth Rate | 72.71 | -14.33 | 22.09 | 23.79 | 10.93 |
| Net Income Growth Rate | 50.73 | -0.97 | 14.71 | 22.22 | 14.92 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Choice International Ltd | 8.27 | 79.29 | Highly Overvalued | 400.00 | 0.23 | 238.00 |
| 2 | Indian Energy Exchange Ltd | 7.85 | 21.56 | Neutral | 520.00 | 5.31 | 493.00 |
| 3 | Indo Thai Securities Ltd | 7.16 | 361.00 | Highly Overvalued | 86.00 | 5.16 | 66.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
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Indian Energy Exchange Ltd. (IEX) is India's premier energy exchange, providing automated trading platforms for electricity, renewable energy certificates, and energy saving certificates. It facilitates transparent and efficient market-based price discovery, playing a crucial role in the country's power sector. IEX holds a dominant market position.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Indian Energy Exchange Ltd's P/E ratio (TTM) is 22.45, compared to the industry median of 22.28 and large cap median of 19.54.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Indian Energy Exchange Ltd's P/B ratio is 7.79, compared to the industry median of 1.96 and large cap median of 1.42.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Indian Energy Exchange Ltd's P/S ratio is 18.38, compared to the industry median of 4.16 and large cap median of 3.60.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Indian Energy Exchange Ltd's PEG ratio is 1.58.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Indian Energy Exchange Ltd's EV/EBITDA ratio is 16.73.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Indian Energy Exchange Ltd's ROE is 36.14%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Indian Energy Exchange Ltd's ROA is 21.35%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Indian Energy Exchange Ltd's ROCE is 51%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Indian Energy Exchange Ltd's operating margin is 84.42%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Indian Energy Exchange Ltd's net margin is 80.03%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Indian Energy Exchange Ltd's current ratio is 0.32.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Indian Energy Exchange Ltd's debt-to-equity ratio is 0.01.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Indian Energy Exchange Ltd's interest coverage ratio is 324.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Indian Energy Exchange Ltd's DPS is ₹3.48.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Indian Energy Exchange Ltd's EPS is 14.97.
(Source line: "Ratios as of 21 Oct 2026, based on last traded price of ₹119.20. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 2007
Headquarters: Noida, Uttar Pradesh
Core Offerings: Electricity Spot Market, Renewable Energy Certificates (REC), Energy Saving Certificates (ESCerts), Indian Gas Exchange (IGX)
Stock Listing: NSE (IEX), BSE (540750)
Promoter: No identifiable promoter group; professionally managed.
Founded in 2007, Indian Energy Exchange (IEX) commenced operations in 2008 as India's first power exchange. It launched the Renewable Energy Certificate (REC) market in 2010. The company went public with its IPO in 2017, listing on NSE and BSE. In 2020, IEX launched the Indian Gas Exchange (IGX), India's first regulated gas exchange, further diversifying its energy offerings and solidifying its leadership in India's energy markets.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Operating an automated trading platform for energy products | 100% | N/A (company-wide) |
Electricity Market: Facilitates transparent and efficient trading of various electricity products including Day-Ahead Market (DAM), Real-Time Market (RTM), Term-Ahead Market (TAM), and Green Term-Ahead Market (GTAM).
Environmental Certificates: Provides platforms for trading Renewable Energy Certificates (RECs) and Energy Saving Certificates (ESCerts), promoting renewable energy generation and energy efficiency initiatives.
Gas Market (via IGX subsidiary): Operates the Indian Gas Exchange (IGX), India's first regulated gas exchange, enabling trading of natural gas contracts across multiple hubs.
Mr. S.N. Goel - Chairman & Managing Director. A veteran in the Indian power sector, he has been instrumental in IEX's growth and leadership since its inception. Mr. Rohit Bajaj - Whole-time Director & CEO (Designate). An experienced professional with leadership roles in energy and capital markets, driving strategic initiatives.
Bonus Issue: 1:2 in March 2024. Bonus Issue: 2:1 in October 2021. Bonus Issue: 1:1 in December 2017.
The Indian Energy Exchange Ltd share price today is ₹119.20 on NSE (IEX), as of 22 Oct 2026.
As of 21 Oct 2026, Indian Energy Exchange Ltd share price is ₹119.20, with previous close ₹119.20. Today's range is ₹119.20 to ₹119.20. The 52-week range is ₹102.74 to ₹160.27.
As of today, Indian Energy Exchange Ltd's market cap is ₹11,320.42 crore (Mid Cap).
Indian Energy Exchange Ltd's current P/E ratio is 22.45, compared to the BANKING AND FINANCE sector average of 32.
Indian Energy Exchange Ltd's current P/B ratio is 7.79.
Indian Energy Exchange Ltd's current dividend yield is 2.92%. Last dividend of ₹1.50 per share was declared on 08-May-2024.
Indian Energy Exchange Ltd's EPS (TTM) is ₹14.97.
Indian Energy Exchange Ltd. (IEX) is India's premier energy exchange, providing automated trading platforms for electricity, renewable energy certificates, and energy saving certificates. It facilitates transparent and efficient market-based price discovery, playing a crucial role in the country's power sector. IEX holds a dominant market position.
Indian Energy Exchange Ltd is promoted by No identifiable promoter group; professionally managed., holding 0% as of 21 Oct 2026.
Indian Energy Exchange Ltd is listed on NSE (IEX) and BSE (540750). Its next quarterly results are expected on July 2024.