NSE: IEX • BSE: 540750

Indian Energy Exchange Share Price, Fundamentals and Financials

Track Indian Energy Exchange live share price with 52 week high and low, chart views, quick fundamentals, business model, financial highlights, ratios, peer comparison, dividends, bonuses, splits and investor FAQs.

₹124.18
+₹0.61 · +0.49%
Symbol: IEX.NS Exchange: NSI Updated: 17 Jun 2026, 19:44:47 IST

Indian Energy Exchange price chart

Switch between 1 Day, 5 Day, 1 Month and 1 Year chart views. Data is fetched using the Yahoo Finance-compatible NSE symbol IEX.NS.

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Quick Fundamentals

Market CapLatest available market feed
Current Price₹124.18Latest available market price
52W High / Low— / —Latest available 52 week range
Stock P/EValuation multiple
Book ValuePer share
Dividend YieldTrailing yield
Price to BookBook valuation
EPS TTMTrailing earnings per share
Volume0Latest available volume

Figures on this page are for education and may be delayed or rounded. Please verify the latest price, financial results, dividends, bonus/split details and shareholding pattern from NSE, BSE and official company filings before making any decision.

About Indian Energy Exchange Limited

Indian Energy Exchange Limited is an India-based energy market infrastructure company. Its core role is to provide a transparent electronic platform for trading electricity and energy-related certificates. For beginners, the simplest way to understand IEX is that it acts like a marketplace for power: buyers and sellers place bids, the exchange helps discover prices, and trades are cleared under applicable market rules.

IEX is customer-facing for electricity distribution companies, generators, open access consumers, traders and other approved participants. It is investor-facing because its revenue and profitability depend on market volumes, product mix, policy reforms, electricity demand, renewable energy adoption and the regulatory structure of power markets in India.

For retail investors, important monitorables include electricity traded volume, market share, transaction fee levels, regulatory changes such as market coupling, competition from other exchanges, REC and green power activity, operating margin, cash generation, dividend payout and valuation.

Beginner view: Is IEX a utility or an exchange?

IEX should be understood more as an exchange and market platform than a traditional utility. It does not generate electricity for sale to consumers. It provides the marketplace and infrastructure through which eligible market participants can trade power and related certificates.

Business Model

Indian Energy Exchange primarily makes money when trades happen on its platform. Higher power trading volumes, wider participation, new products and healthy liquidity can support revenue. Because the platform model has a technology and compliance backbone, operating leverage can be meaningful when volumes rise, but the same model can also be sensitive to regulation and competition.

The exchange helps customers by providing price discovery, flexibility, transparent bidding, access to multiple participants and structured market products. Distribution companies may use the platform to manage short-term power needs, while generators and eligible consumers may use it to sell or procure electricity under market rules.

Investors should remember that IEX operates in a regulated market. Changes in CERC rules, market design, transaction charges, product approvals, power procurement behaviour or competition can affect the business model. This page is educational and does not provide buy, sell or hold advice.

Business Segments and Products

IEX’s platform covers multiple electricity and certificate markets. For customers, these products support short-term procurement, balancing, renewable energy compliance and energy-efficiency obligations. For investors, the key question is whether these markets can grow sustainably while maintaining liquidity and pricing relevance.

IEX business areas and investor monitorables
Business areaWhat it means for usersInvestor monitorable
Day-Ahead MarketParticipants buy or sell power for delivery on the next day through exchange-based price discovery.Volume growth, market clearing price, competition and regulatory rules
Real-Time MarketParticipants can manage near-term power needs closer to actual delivery.Liquidity, grid demand variability and participant adoption
Term-Ahead and Green MarketsContracts help users manage short-duration power and renewable power procurement needs.Green power demand, contract mix and policy support
Renewable Energy CertificatesREC trading helps obligated entities and voluntary buyers meet renewable energy requirements.REC price trends, compliance demand and regulatory changes
Energy Saving CertificatesESCerts support market-based energy efficiency compliance.Trading frequency, policy cycles and eligible participants
Technology and exchange platformThe platform supports bidding, matching, clearing and settlement workflows.Uptime, cybersecurity, scalability and product innovation

Product rules, market timings, eligibility and contract specifications may change. Users should verify the latest product details from IEX, CERC and exchange circulars.

Shareholding Pattern

The shareholding pattern shows broad ownership by foreign institutional investors, domestic institutional investors, public shareholders and other categories. A rising or falling institutional stake is not automatically good or bad; investors should read it with valuation, liquidity, fundamentals and market context.

Shareholding pattern in percentage
CategoryMar 2024Mar 2025Mar 2026
Promoters0.00%0.00%0.00%
FIIs10.89%16.13%14.16%
DIIs27.24%34.15%30.26%
Public61.57%49.47%55.31%
Others0.28%0.27%0.27%
No. of Shareholders15,98,63114,13,44414,09,806

Please verify the latest quarterly shareholding pattern from official NSE/BSE filings because ownership categories and percentages can change every quarter.

Profit and Loss / Financial Highlights

The profit and loss summary helps beginners understand whether IEX is growing revenue, maintaining margins and converting platform activity into profit. Exchange businesses can show high margins, but they remain exposed to volume cycles, regulation and competition.

Standalone figures in ₹ crore
ParticularsMar 2024Mar 2025Mar 2026
Sales / Revenue from operations₹449 Cr₹535 Cr₹608 Cr
Expenses₹71 Cr₹80 Cr₹95 Cr
Operating Profit₹379 Cr₹455 Cr₹514 Cr
Operating Profit Margin84%85%84%
Other Income₹102 Cr₹119 Cr₹137 Cr
Interest₹3 Cr₹3 Cr₹2 Cr
Depreciation₹20 Cr₹21 Cr₹23 Cr
Profit Before Tax₹457 Cr₹550 Cr₹625 Cr
Net Profit₹341 Cr₹415 Cr₹474 Cr
EPS₹3.83₹4.65₹5.31
Dividend Payout65%64%66%

Financial figures are rounded and provided for education. Verify the latest audited and unaudited results from official exchange filings and the company investor relations section.

Balance Sheet Highlights

The balance sheet shows the company’s equity base, reserves, borrowings, investments and assets. IEX has typically been tracked as an asset-light, cash-generating platform, but investors should still review liabilities, investments, cash balances and related-party or subsidiary disclosures.

Standalone figures in ₹ crore
ParticularsMar 2024Mar 2025Mar 2026
Equity Capital₹89 Cr₹89 Cr₹89 Cr
Reserves₹859 Cr₹1,009 Cr₹1,218 Cr
Borrowings₹10 Cr₹6 Cr₹11 Cr
Other Liabilities₹791 Cr₹1,053 Cr₹1,059 Cr
Total Liabilities₹1,749 Cr₹2,157 Cr₹2,377 Cr
Fixed Assets₹101 Cr₹87 Cr₹102 Cr
Capital Work in Progress₹3 Cr₹4 Cr₹0 Cr
Investments₹1,310 Cr₹1,597 Cr₹1,936 Cr
Other Assets₹336 Cr₹469 Cr₹339 Cr
Total Assets₹1,749 Cr₹2,157 Cr₹2,377 Cr

Balance sheet classifications can change. Verify the latest annual report and audited balance sheet before relying on these numbers.

Cash Flow Highlights

Cash flow is useful because accounting profit and actual cash generation can differ. For an exchange platform, strong operating cash flow can support technology investments, dividends, buybacks or reserves, but future cash use depends on board decisions and business requirements.

Standalone figures in ₹ crore
ParticularsMar 2024Mar 2025Mar 2026
Cash from Operating Activity₹300 Cr₹430 Cr₹425 Cr
Cash from Investing Activity-₹26 Cr-₹199 Cr-₹223 Cr
Cash from Financing Activity-₹183 Cr-₹272 Cr-₹272 Cr
Net Cash Flow₹91 Cr-₹41 Cr-₹70 Cr
Free Cash Flow₹287 Cr₹422 Cr₹410 Cr
CFO / Operating Profit107%123%113%

Cash flow data is rounded. Check the latest audited cash flow statement from official filings for detailed schedules and notes.

Key Ratios

Ratios help compare profitability, efficiency, dividend payout and long-term growth. A high ROCE or ROE can be attractive, but investors should also consider valuation, sustainability, regulation, reinvestment needs and downside risks.

Key operating, growth and return ratios
MetricMar 2024Mar 2025Mar 2026
ROCE52%54%52%
Return on EquityLast year: 39%3Y average: 40%5Y average: 40%
Operating Profit Margin84%85%84%
Dividend Payout65%64%66%
Compounded Sales Growth10Y: 14%5Y: 14%3Y: 15%
Compounded Profit Growth10Y: 17%5Y: 18%3Y: 20%
Stock Price CAGR5Y: 0%3Y: -1%1Y: -34%

Ratios can vary depending on standalone/consolidated data, trailing periods and price movement. Verify ratios from updated financial statements and market data.

Peer Comparison

IEX does not have a perfect listed peer because it operates in power exchange infrastructure. Investors often compare it with other exchange, depository and financial-infrastructure businesses for platform economics, and with power-market participants for sector context.

Selected platform and market-infrastructure comparisons
Company / PlatformPrimary businessCommon investor comparison pointKey risk to compare
Indian Energy Exchange LimitedPower and energy market exchange platformElectricity volumes, market share, margins, cash generation and regulatory changesMarket coupling, competition and power-market policy
Power Exchange India LimitedPower exchange platformAlternative power exchange and competitive landscapeLiquidity, participant adoption and market share
Multi Commodity Exchange of IndiaCommodity derivatives exchangeExchange economics, transaction revenue and operating leverageCommodity volume cycles and regulation
BSE LimitedStock exchange and capital market infrastructurePlatform business, transaction income, listings and data servicesMarket volumes and regulatory changes
Central Depository Services (India)Depository and capital-market infrastructureAsset-light platform, account growth and recurring transaction revenueCapital market cycle and tariff changes
Computer Age Management ServicesRegistrar and transfer agency platformFinancial infrastructure revenue and digital processing scaleMutual fund industry cycles and fee pressure

Peer comparison is educational and not a valuation recommendation. Use updated market capitalization, P/E, revenue growth, margins and regulatory disclosures before comparing companies.

Dividends, Bonuses and Splits

Corporate actions affect shareholder returns and historical price charts. Dividends provide cash income, while bonus and split actions adjust share count and price history without automatically changing business value.

Dividends
YearDividend DetailNote
FY 2025-26Final dividend of ₹2.00 per equity share was reported by market disclosures/news flowVerify record date, payment date and shareholder approval from NSE/BSE filings
FY 2025-26Interim dividend of ₹1.50 per equity share was reported for the yearVerify official board outcome and record date before relying on it
FY 2024-25Final dividend of ₹1.50 per equity share and interim dividend of ₹1.50 per equity share were reportedCheck official corporate action history for exact dates
FY 2023-24Final dividend of ₹1.50 per equity share was reportedDividend details can change after adjustments and should be verified from exchange filings
Bonuses / Splits
ActionDetailNote
Bonus Issue2:1 bonus issue in 2021For every 1 share held, shareholders received 2 bonus shares; verify record date and adjustment from official filings
Stock SplitFace value split from ₹10 to ₹1 in 2018Historical adjustment should be checked from NSE/BSE corporate action records
Face Value₹1.00Current face value should be verified from the latest exchange quote and company filings
Future ActionsNo future bonus or split is assumed on this pageAlways check official board meeting outcomes and exchange announcements

Always verify dividend, bonus, split, record date, ex-date and payment details from official NSE/BSE filings. This page does not assume any future dividend, bonus or split.

Indian Energy Exchange customer and investor FAQs

These FAQs answer common AI-search-style questions about IEX share price, business model, products, risks, dividends, corporate actions and investor monitorables. The answers are educational and avoid buy/sell recommendations.

What is Indian Energy Exchange and what does it do?

Indian Energy Exchange Limited, commonly called IEX, operates an electronic exchange platform for trading electricity and related energy market products in India. It is not a power generation company. It provides a marketplace where eligible buyers and sellers can discover prices and transact power in an organized, transparent and regulated way.

What is the NSE symbol and BSE code for Indian Energy Exchange?

The NSE symbol is IEX and the BSE scrip code is 540750. For Yahoo Finance-compatible live data, this page uses IEX.NS. Investors should verify exchange identifiers from NSE and BSE if they are placing orders or checking official filings.

How does Indian Energy Exchange make money?

IEX mainly earns transaction fees and related income from trades executed on its platform. Its revenue depends on traded volumes, the mix of products, exchange fees, participation by buyers and sellers, regulatory framework and growth in India’s short-term power market.

What products are traded on Indian Energy Exchange?

IEX provides markets such as Day-Ahead Market, Real-Time Market, Term-Ahead Market, Green Day-Ahead Market, Green Term-Ahead Market, Renewable Energy Certificates and Energy Saving Certificates. Product availability, rules and contract design can change, so participants should refer to IEX and regulator updates.

Is Indian Energy Exchange useful only for investors?

No. IEX is also relevant for distribution companies, generators, open access consumers, commercial and industrial users, traders and energy market participants. Retail investors track the company because its business is linked to India’s power demand, electricity market reforms and exchange-based power trading.

Who can trade electricity on IEX?

Eligible participants generally include distribution companies, generators, independent power producers, captive power plants, open access consumers, licensed traders and other approved members or clients. Eligibility, net worth, approvals and operational requirements should be checked directly from IEX membership documents and applicable regulations.

What are the main risks for Indian Energy Exchange?

Key risks include regulatory changes, market coupling, changes in exchange fees, competition, lower power trading volumes, policy changes in renewable energy certificates, technology outages, settlement risks, cybersecurity risks and a shift in power procurement behaviour away from exchange-based markets.

What is market coupling and why do investors monitor it for IEX?

Market coupling is a regulatory concept that can change how buy and sell bids across power exchanges are matched and how prices are discovered. Investors monitor it because any change in price discovery structure, market share, transaction fees or product economics may affect exchange volumes and profitability.

Does Indian Energy Exchange benefit from renewable energy growth?

IEX can benefit when renewable power, green power contracts, renewable energy certificates and energy transition products see more participation. However, the actual benefit depends on regulations, market design, liquidity, competition, certificate prices and adoption by utilities and corporate buyers.

Does Indian Energy Exchange pay dividends?

IEX has historically paid dividends, but dividend amounts and record dates can change every year based on profits, board decisions, cash needs and shareholder approvals. Always verify the latest dividend declaration, record date and ex-date from official exchange filings.

Has Indian Energy Exchange issued bonus shares or split its stock?

IEX has a past corporate action history that includes a stock split from face value ₹10 to ₹1 in 2018 and a 2:1 bonus issue in 2021. Users should verify the latest bonus, split and corporate action history from NSE, BSE and the company’s investor relations section.

What should beginners track before studying IEX shares?

Beginners should track traded electricity volume, market share, regulatory developments, market coupling updates, revenue growth, profit margins, cash generation, dividend payout, valuation ratios, competition, technology reliability and disclosures from official exchange filings.

Is Indian Energy Exchange a monopoly business?

IEX has been a leading power exchange platform in India, but investors should avoid assuming permanent monopoly economics. Market share can change due to competition, regulation, market coupling, product innovation, fee changes and participant behaviour.

How should customers and investors use this IEX share price page?

Use this page as an educational dashboard for live price movement, 52 week range, fundamentals, business model, financial highlights, ratios, peer context and FAQs. It should not be treated as a buy, sell or hold recommendation.