Indian Energy Exchange Limited share price

Key numbers

Market cap

₹ 10,022 Cr

Current price

₹ 112.70

52-week high / low

₹ 160 / 110

Stock P/E

19.8

Book value

₹ 15.3

Dividend yield

3.55%

ROCE

51.5%

ROE

39.4%

Debt to equity

0.01

Sales growth (3 yrs)

15.4%

Profit growth (3 yrs)

17.2%

1-year return

-19.7%

About Indian Energy Exchange Limited

Indian Energy Exchange Limited provides automated trading platform for physical delivery of electricity, renewable energy, and certificates. The company offers Day-Ahead Market, a physical electricity trading market which allows market participants to buy and sell electricity for the next day; Term-Ahead-Market that provides a range of products allowing participants to buy and sell electricity on intra-day, and term ahead contracts; Real-Time Market, an auction session every half an hour with power to be delivered after 4 time blocks or an hour after gate closure of the auction; Green Day-Ahead Market that allows market participants to buy and sell renewable electricity for the next day; Cross-Border Electricity Trade expands the Indian power market towards building an integrated South Asian power market; High Price Day Ahead Market, a part of integrated day ahead market allows market participants to buy and sell electricity for the next day to be traded are determined through a double-sided closed auction bidding process; and Green-Term Ahead Market, a market solution for renewable energy trading which features contracts, including Green-Intraday, Green-Day-ahead Contingency,…

Quarterly results

Consolidated figures in ₹ crores

Concall summary (2026-07-31)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

• It is expected that coal production in the country (is expected ) would go up to 2 billion ton nes by FY '35 and this provides for a marketplace - a need for a multi-buyer, multi-seller, transparent ecosystem where robust price discovery could be there.
• So all trading in coal will be coming to the coal exchange which gives the initial target of at least 100 million ton we are expecting at the exchange platform in the initial year.

Growth & demand

• With Ind ia's GDP projected to grow at a rate of 6-7% per annum in the near term, power demand is expected to approach almost about 2 ,700 billion units with a peak demand of 388 gigawatt by FY '32 and power exchanges remain poised for growth and innovation.
• First thing is about growth - 6-7% GDP growth is doable and we know that there is a strong correlation between GDP growth and electricity consumption.

Margins & costs

• And the price increase has been much more than 0.3%.
• We must compare whether 0.3% is justified depending on the cost that we are going to incur. • They (Grid India) also said it's a big change.

Capex & expansion

• To meet India's growing power demand, last year capacity addition of 58 gigawatt across thermal and renewable capacity was done taking India's total installed capacity to 533 gigawatt, out of which 275 gigawatt was the renewable capacity.
• We have achieved more than 50% of installed capacity as renewable capacity, the target which was to be achieved by 2030 as per the Paris Agreement.

Balance sheet & cash

• As a policy, we are paying almost around more than 50%, 65% as dividend over the last many years.
• The other two requests I have are - one is the need for doing a buyback, given the valuations are at an all-time low.

Peers in Capital Markets

• Billionbrains Garage Ventures Limited
• Motilal Oswal Financial Services Limited
• Authum Investment & Infrastructure Limited
• Central Depository Services (India) Limited
• Angel One Limited
• Choice International Limited
• JM Financial Limited
• IIFL Capital Services Limited
• Share India Securities Limited
• SG Finserve Limited