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Indian Energy Exchange share price & results

Indian Energy Exchange Limited· Financial Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's automated power exchange for electricity, gas (IGX) and carbon (ICX) trading, running since 2008.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue156 ₹ crore+11.4% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin83.0 %+2.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit127 ₹ crore+12.4% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity40.56 %−1.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin67.86 %−10.2 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)13.87 %−4.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

0 of 4 judged targets kept · 9 open · verdicts reflect calls analysed to Q1 FY27.

Indian Energy Exchange Limited management guidance track record on Inve: 13 targets tracked across analysed earnings calls (0 achieved, 4 missed, 9 open).

TargetOriginal wordingSaidLatest callVerdict
REC Trading Volume20 billion units
Call transcript, Q4 FY25 · 25 Apr 2025		Q4 FY25Q1 FY27:Promise for FY26 was missed. The topic is now concluded.
Call transcript, Q1 FY27 · 24 Jul 2026		Missed
Launch of 11-month TAM contracts3-4 months
Call transcript, Q3 FY25 · 24 Jan 2025		Q3 FY25Q1 FY27:For long-duration contracts approval, there are many issues that the Regulatory Commission will have to consider... So, it is difficult to say when this approval will come.
Call transcript, Q1 FY27 · 24 Jul 2026		Delayed
Annual Electricity Volume Growth15-20%
Call transcript, Q3 FY25 · 24 Jan 2025		Q3 FY25Q1 FY27:Q1 FY27 electricity volume grew 16% YoY.
Call transcript, Q1 FY27 · 24 Jul 2026		On Track

Source: Inve Guidance Tracker for Indian Energy Exchange Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of Indian Energy Exchange Limited's 13 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 10 more targets are in the full ledger.

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Price

₹103.5 +2.27% · +₹2.3

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −29.6% 1Y

₹100₹120₹140Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 31 Oct 2025Q3 FY26 — 30 Jan 2026Q4 FY26 — 24 Apr 2026Q1 FY27 — 24 Jul 2026

1Y: ₹147.05 on 24 Oct 2025 → ₹103.5. High ₹154.78 (7 Jan 2026), low ₹101.2 (23 Oct 2026).

Previous close
₹101.2
Market cap
₹9.2k Cr
52-week range
₹101.2 – ₹154.78
One year
−29.66%
Price to earnings (TTM to Jun 2026)
18.20×
Return on equity (TTM to Jun 2026)
40.56%

Overview

Symbol
NSE:IEX
Exchange
NSE
Currency
INR

What Indian Energy Exchange Limited does

Based on the company's own presentations, annual report and earnings calls.

IEX operates India's leading automated trading platform for the physical delivery of electricity, renewable energy and energy-saving certificates, regulated by the Central Electricity Regulatory Commission since 2008. It earns transaction/trading fees by connecting distribution companies, generators, industrial and commercial consumers, and renewable-energy entities across Day-Ahead, Real-Time, Term-Ahead and Green Market contracts. Through wholly-owned subsidiaries it also runs the Indian Gas Exchange (IGX), India's first national gas exchange for physical delivery of natural gas regulated by the PNGRB, and the International Carbon Exchange (ICX), which issues International Renewable Energy Certificates (I-REC) and is developing carbon and extended-producer-responsibility certificate trading.

Segments

  • Electricity Market
  • Renewable Energy & Energy Saving Certificates
  • IGX (Indian Gas Exchange)
  • ICX (International Carbon Exchange)
Registered participants on the exchange
9,000+
Commercial & industrial consumers on platform
5,900+
RE generators & obligated entities on platform
~3,000
Conventional generators on platform
1,500+
Discoms trading on IEX
90+ (nearly all Discoms in India)
Cross-border trading portfolios
20+
Founded 2008Headquarters New Delhi (registered office); Noida, Uttar Pradesh (corporate office) Company website

How the price took the results

close before → close after

Q1 FY27
+1.9%
24 Jul
Q4 FY26
−2.9%
24 Apr
Q3 FY26
−0.6%
30 Jan
Q2 FY26
−3.1%
31 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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