Indian Energy Exchange share price
NSE: IEXBSE: 540750Capital MarketsSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹103.49.
28 Oct: open ₹102.00, high ₹103.49, low ₹101.51
- Next results date: the board meets on 29 Oct 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹9,159 Cr516th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 18.06
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 6.71
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.41%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 40.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 37.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 24,19,97748.9% delivered
About Indian Energy Exchange
Indian Energy Exchange Limited (IEX) runs a nationwide, automated trading platform for the physical delivery of electricity, renewable energy and certificates, including renewable energy certificates and energy saving certificates. The platform is approved and regulated by the Central Electricity Regulatory Commission. The company has a registered office in New Delhi and a corporate office in Noida, Uttar Pradesh. It was incorporated in 2007, and its shares are listed on NSE and BSE.
Trading is organised into market segments. The day-ahead market covers delivery for the next day. Term-ahead contracts run for periods of up to three months, and the real-time market trades half-hourly, with the real-time market in operation since June 2020. An intraday and day-ahead contingency market, a renewable energy certificates segment and an energy saving certificates segment complete the set. Energy saving certificates have been traded since September 2017. A green day-ahead market and green term-ahead contracts sit alongside the conventional products. IEX also runs IEX Academy, a learning platform for the power sector, launched in June 2023.
Beyond electricity, the company has built a group of energy exchanges. Indian Gas Exchange (IGX) was launched in 2020 and provides a platform for the physical delivery of natural gas. IEX holds a 47.28% stake in IGX. ICX Private Limited is a wholly owned subsidiary and an issuer of international renewable energy certificates, known as I-RECs. In 2026 the company incorporated Indian Coal Exchange Limited, also a wholly owned subsidiary, as a vehicle for a coal exchange.
Written from the annual report for the year to Mar 2026, filed 14 Aug 2026 and the investor presentation.
Sources for 24 statements, each with its page
- Runs a nationwide, automated trading platform. Annual report, page 6
- Platform is for physical delivery of electricity, renewable energy and certificates. Annual report, page 6
- Approved and regulated by the Central Electricity Regulatory Commission. Annual report, page 6
- Registered office in New Delhi. Annual report, page 1
- Corporate office in Noida, Uttar Pradesh. Annual report, page 1
- Incorporated in 2007 (year in the CIN). Annual report, page 1
- Listed on NSE and BSE. Annual report, page 6
- Day-ahead market covers delivery for the next day. Annual report, page 7
- Term-ahead contracts run up to three months. Annual report, page 7
- Real-time market trades half-hourly. Annual report, page 7
- Real-time market operating since June 2020. Annual report, page 7
- Intraday and day-ahead contingency market segment. Annual report, page 7
- Renewable energy certificates segment. Annual report, page 7
- Energy saving certificates since September 2017. Annual report, page 7
- Green term-ahead contracts exist. Annual report, page 7
- Green day-ahead market exists. Annual report, page 7
- IEX Academy is a learning platform for the power sector, launched June 2023. Annual report, page 7
- IGX launched in 2020. Annual report, page 26
- IGX is a platform for physical delivery of natural gas. Annual report, page 27
- IEX holds 47.28% stake in IGX. Annual report, page 34
- ICX is a wholly owned subsidiary. Annual report, page 34
- ICX is an I-REC issuer. Annual report, page 17
- Indian Coal Exchange Limited is a wholly owned subsidiary. Annual report, page 34
- Indian Coal Exchange incorporated in 2026. Annual report, page 30
Results
Standalone, as consolidated accounts are on record for only 7 of the last ten years; ₹ crore.Indian Energy Exchange quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +13.7%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +11.8%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹156 Crdown 9.47%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹127 Crup 2.20%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 81.2%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139 | 131 | 141 | 140 | 152 | 144 | 172 | 156 |
| Net profit | 106 | 103 | 112 | 113 | 122 | 115 | 124 | 127 |
| Net margin | 76.2% | 78.6% | 79.3% | 80.8% | 79.9% | 80.0% | 72.0% | 81.2% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹608 Crup 13.64%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹474 Crup 14.24%
- Net margin
- 77.9%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 230 | 254 | 257 | 317 | 426 | 401 | 449 | 535 | 608 |
| Net profit | 132 | 165 | 178 | 213 | 303 | 293 | 341 | 415 | 474 |
| Net margin | 57.1% | 65.0% | 69.2% | 67.3% | 71.1% | 73.0% | 76.0% | 77.5% | 77.9% |
Business segments
In the year to Mar 2026 the company reports one business segment, Power Exchange, which carries all its revenue.
Valuation
Today, against the company's own history.Indian Energy Exchange PE ratio and valuation
At or below today's level on 0.1% of 2,105 trading days since May 2018.
At or below today's level on 0.1% of 1,974 trading days since Nov 2018.
At or below today's level on 100.0% of 2,172 trading days since Jan 2018.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −31.7% | +14.4% | −42.9% | 3.1% |
| 3 years | −1.4% | +17.7% | −18.1% | 2.2% |
| 5 years | +2.3% | +17.5% | −14.3% | 1.7% |
Mutual fund holdings
103 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 73 of the 75 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 103 funds holding Indian Energy Exchange
- AddedAdded. Funds that held more shares than at the end of the month before.
- 23
- CutCut. Funds that held fewer shares than at the end of the month before.
- 52
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 28
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
 Parag Parikh Flexi Cap FundPPFAS Mutual Fund | 8,40,96,110 | 0.62% | ₹899.8 Cr |
 ICICI Prudential India Opportunities FundICICI Prudential Mutual Fund | 1,82,98,644 | 0.54% | ₹195.8 Cr |
 SBI Contra FundSBI Mutual Fund | 1,11,72,975 | 0.27% | ₹119.6 Cr |
 Kotak Arbitrage FundKotak Mahindra Mutual Fund | 86,47,800 | 0.12% | ₹92.5 Cr |
| SBI Multi Asset Allocation FundSBI Mutual Fund | 85,00,000 | 0.43% | ₹91.0 Cr |
 Old Bridge Focused FundOld Bridge Mutual Fund | 80,93,600 | 1.91% | ₹86.6 Cr |
 Invesco India Arbitrage FundInvesco Mutual Fund | 78,60,450 | 0.28% | ₹84.1 Cr |
 Mirae Asset Large Cap FundMirae Asset Mutual Fund | 69,42,881 | 0.21% | ₹74.3 Cr |
 HDFC Arbitrage FundHDFC Mutual Fund | 61,55,250 | 0.26% | ₹65.9 Cr |
| SBI Energy Opportunities FundSBI Mutual Fund | 57,04,650 | 0.77% | ₹61.0 Cr |
Indian Energy Exchange competitors and peers
Capital Markets, 73 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Indian Energy Exchange in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 National Securities DepositoryNSDL | 14,099 | 36.30 | 5.95 | – | – | 16.4% | 16.3% | 0.57% |
 Prudent Corporate Advisory ServicesPRUDENT | 12,276 | 46.64 | 12.07 | +21.9% | +28.2% | 29.6% | 32.4% | 0.12% |
 IIFL Capital ServicesIIFLCAPS | 10,917 | 17.82 | 3.15 | +11.6% | +4.6% | 19.5% | 15.1% | 0.87% |
 UTI Asset Management CompanyUTIAMC | 10,579 | 22.02 | 2.40 | +8.3% | −18.3% | 10.9% | 18.4% | 4.86% |
 CARE RatingsCARERATING | 4,854 | 27.32 | 5.21 | +17.6% | – | 20.4% | 20.1% | 1.37% |
 ICRAICRA | 4,308 | 22.06 | 3.65 | +25.7% | +10.3% | 17.5% | 16.5% | 2.35% |
 Canara Robeco Asset Management CompanyCRAMC | 4,152 | 18.14 | 4.97 | – | – | 30.2% | 32.6% | 2.88% |
 Share India SecuritiesSHAREINDIA | 3,865 | 10.63 | 1.47 | +14.6% | +17.6% | 14.6% | 18.5% | 1.02% |
Dividends
Per share, by the year it was paid for, and the latest payments.Indian Energy Exchange dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 15 May 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹2.00 |
| 4 Feb 2026 | Interim | ₹1.50 |
| 16 May 2025 | Final | ₹1.50 |
| 31 Jan 2025 | Interim | ₹1.50 |
| 31 May 2024 | Final | ₹1.50 |
| 2 Feb 2024 | Interim | ₹1.00 |
Latest announcements
Routine notices left out.Indian Energy Exchange announcements
Oct 2026
23 Oct · Analysts
22 Oct · Board meeting
Sep 2026
25 Sep · Analysts
Indian Energy Exchange share price by year
Each calendar year to 2025.Indian Energy Exchange share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 134.22 | −26.2% | 210.01 | 132.01 |
| 2024 | 181.78 | +8.2% | 239.37 | 133.10 |
| 2023 | 168.00 | +20.0% | 168.00 | 119.95 |
| 2022 | 140.00 | −44.6% | 266.85 | 130.20 |
| 2021 | 252.80 | +232.8% | 295.25 | 73.40 |
| 2020 | 75.97 | +59.6% | 75.97 | 40.20 |
| 2019 | 47.60 | −13.9% | 55.95 | 39.38 |
| 2018 | 55.27 | +3.0% | 58.33 | 46.94 |
| 2017 | 53.67 | – | 54.31 | 50.14 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 103.40 | 104.25 | 102.22 | 103.49 | 103.39 | 62,39,722 | 58.2% |
| 26 Oct 2026 | 100.00 | 104.80 | 99.50 | 103.50 | 103.09 | 53,02,728 | 46.7% |
| 23 Oct 2026 | 104.00 | 104.01 | 100.35 | 101.20 | 101.25 | 27,50,714 | 41.7% |
| 22 Oct 2026 | 103.20 | 104.98 | 102.03 | 104.00 | 103.71 | 37,45,183 | 46.7% |
| 21 Oct 2026 | 105.00 | 105.74 | 102.74 | 103.28 | 104.03 | 19,94,643 | 41.5% |
| 19 Oct 2026 | 107.55 | 107.72 | 104.52 | 104.80 | 105.70 | 19,01,670 | 47.4% |
| 16 Oct 2026 | 107.86 | 108.54 | 106.64 | 107.55 | 107.76 | 33,07,909 | 53.0% |
| 15 Oct 2026 | 108.00 | 108.68 | 107.53 | 107.60 | 108.17 | 42,39,668 | 56.9% |
| 14 Oct 2026 | 106.00 | 108.35 | 105.80 | 108.00 | 107.65 | 50,70,258 | 49.4% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 24 Jul 2025 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for. |
| 3 Dec 2021 | Bonus | 0.3333 | Holders received 2 bonus shares for every 1 held. |
| 19 Oct 2018 | Split | 0.1000 | Each share became 10. |
Company details
- NSE symbol
- IEX
- BSE code
- 540750
- ISIN
- INE022Q01020
- Industry
- Capital Markets
- Website
- www.iexindia.com
- CIN
- L74999DL2007PLC277039
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2007
- Registered office
- First Floor, Unit No. 1.14(a), Avanta Business Centre, Southern Park, D-2, District Centre, Saket, New Delhi 110017, Delhi
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments