What is the share price of Indian Energy Exchange Ltd (IEX) today?
The share price of IEX as on 4th February 2026 is ₹127.69. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Indian Energy Exchange Ltd (IEX) share?
The past returns of Indian Energy Exchange Ltd (IEX) share are- Past 1 week: -0.61%
- Past 1 month: -5.08%
- Past 3 months: -7.24%
- Past 6 months: -4.69%
- Past 1 year: -26.38%
- Past 3 years: -7.64%
- Past 5 years: 48.79%
What are the peers or stocks similar to Indian Energy Exchange Ltd (IEX)?
The peers or stocks similar to Indian Energy Exchange Ltd (IEX) include:What is the dividend yield % of Indian Energy Exchange Ltd (IEX) share?
The current dividend yield of Indian Energy Exchange Ltd (IEX) is 2.38.What is the market cap of Indian Energy Exchange Ltd (IEX) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Indian Energy Exchange Ltd (IEX) is ₹11228.31 Cr as of 4th February 2026.What is the 52 week high and low of Indian Energy Exchange Ltd (IEX) share?
The 52-week high of Indian Energy Exchange Ltd (IEX) is ₹215.40 and the 52-week low is ₹119.What is the PE and PB ratio of Indian Energy Exchange Ltd (IEX) stock?
The P/E (price-to-earnings) ratio of Indian Energy Exchange Ltd (IEX) is 26.16. The P/B (price-to-book) ratio is 9.88.Which sector does Indian Energy Exchange Ltd (IEX) belong to?
Indian Energy Exchange Ltd (IEX) belongs to the Utilities sector & Power Trading & Consultancy sub-sector.How to buy Indian Energy Exchange Ltd (IEX) shares?
You can directly buy Indian Energy Exchange Ltd (IEX) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Indian Energy Exchange Ltd
IEX Share Price
IEX Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
IEX Performance & Key Metrics
IEX Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 23.38 | 9.88 | 2.38% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 21.68 | 2.78 | 1.44% |
from 8 analysts
Price Upside
Earnings Growth
Rev. Growth
IEX Company Profile
Indian Energy Exchange operates as a power exchange. It offers an online electricity trading platform for trading, clearing, and settlement operations.
IEX Sentiment Analysis
IEX Sentiment Analysis
IEX Stock Summary · November 2025
India's robust economic growth, marked by a 7.8% GDP increase in Q1 FY '26, is fostering a favorable environment for the energy sector, despite moderate electricity demand growth of 3.4% in Q2. The ongoing regulatory changes, including proposed amendments to the Draft Electricity Act and the introduction of Virtual Power Purchase Agreements, are expected to enhance market competitiveness and stimulate trading activity. However, IEX faces challenges with revenue growth lagging behind a 16% increase in traded volumes, primarily due to lower realization rates and reduced transaction fees. The integration of battery storage solutions and the anticipated establishment of a coal exchange further indicate a proactive approach to market development, while optimism remains regarding future demand driven by electrification and renewable energy initiatives.
IEX Stock Growth Drivers
IEX Stock Growth Drivers
7Strong Financial Performance
In Q2 FY '26, the Indian Energy Exchange (IEX) reported significant growth in its financial
Regulatory and Market Developments
The Central Electricity Regulatory Commission (CERC) has introduced several regulatory updates aimed at enhancing market
IEX Stock Challenges
IEX Stock Challenges
6Flat Power Demand Growth
In the first half of FY '26, power demand growth was flat, with a slight
Declining Revenue from Renewable Energy Certificates
The company reported a significant decline of 53% in revenue from Renewable Energy Certificates (RECs),
IEX Forecast
IEX Forecasts
Price
Revenue
Earnings
IEX Share Price Forecast
IEX Share Price Forecast
All values in ₹
All values in ₹
IEX Company Revenue Forecast
IEX Company Revenue Forecast
All values in ₹ cr.
All values in ₹ cr.
IEX Stock EPS (Earnings Per Share) Forecast
IEX Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
IEX
IEX
Income
Balance Sheet
Cash Flow
IEX Income Statement
IEX Income Statement
| Financial Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 294.16 | 297.40 | 356.23 | 491.83 | 487.35 | 561.74 | 672.00 | 744.71 | ||||||||
| Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 91.58 | ||||||||
| Power & Fuel Cost | 0.46 | 0.50 | 0.29 | 0.19 | 0.20 | 0.18 | 0.19 | |||||||||
| Employee Cost | 24.83 | 33.23 | 44.38 | 41.76 | 34.65 | 39.01 | 46.14 | |||||||||
| Selling & Administrative Expenses | 19.22 | 15.17 | 16.73 | 12.55 | 15.57 | 14.62 | 13.47 | |||||||||
| Operating & Other expenses | 6.75 | 6.07 | 5.82 | 12.88 | 14.06 | 18.48 | 23.79 | |||||||||
| EBITDA | 242.90 | 242.43 | 289.01 | 424.45 | 422.87 | 489.45 | 588.41 | 653.13 | ||||||||
| Depreciation/Amortization | 10.42 | 15.24 | 16.51 | 17.23 | 18.59 | 20.47 | 21.25 | 22.46 | ||||||||
| PBIT | 232.48 | 227.19 | 272.50 | 407.22 | 404.28 | 468.98 | 567.16 | 630.67 | ||||||||
| Interest & Other Items | 0.73 | 1.57 | 2.05 | 1.97 | 2.46 | 2.83 | 2.62 | 2.24 | ||||||||
| PBT | 231.75 | 225.62 | 270.45 | 405.25 | 401.82 | 466.15 | 564.54 | 628.43 | ||||||||
| Taxes & Other Items | 66.71 | 49.90 | 64.36 | 95.99 | 95.94 | 115.36 | 135.36 | 148.17 | ||||||||
| Net Income | 165.04 | 175.72 | 206.09 | 309.26 | 305.88 | 350.79 | 429.18 | 480.26 | ||||||||
| EPS | 1.82 | 1.95 | 2.30 | 3.45 | 3.42 | 3.93 | 4.81 | 5.39 | ||||||||
| DPS | 0.00 | 0.83 | 1.33 | 2.50 | 1.00 | 2.50 | 3.00 | 3.00 | ||||||||
| Payout ratio | 0.00 | 0.43 | 0.58 | 0.72 | 0.29 | 0.64 | 0.62 | 0.56 |
IEX Company Updates
Investor Presentation
IEX Stock Peers
IEX Past Performance & Peer Comparison
IEX Past Performance & Peer Comparison
UtilitiesPower Trading & Consultancy
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Indian Energy Exchange Ltd | 26.16 | 9.88 | 2.38% |
| Quality Power Electrical Equipments Ltd | 87.03 | 9.70 | 0.13% |
| PTC India Ltd | 5.78 | 0.77 | 6.66% |
| Rattanindia Enterprises Ltd | 61.10 | 5.58 | — |
IEX Stock Price Comparison
Compare IEX with any stock or ETFIEX Holdings
IEX Shareholdings
IEX Promoter Holdings Trend
IEX Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
IEX Institutional Holdings Trend
IEX Institutional Holdings Trend
In last 3 months, retail holding in the company has increased by 2.29%
In last 3 months, foreign institutional holding of the company has decreased by 1.78%
IEX Shareholding Pattern
IEX Shareholding Pattern
IEX Shareholding History
IEX Shareholding History
Mutual Funds Invested in IEX
Mutual Funds Invested in IEX
No mutual funds holding trends are available
Top 5 Mutual Funds holding Indian Energy Exchange Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 9.6533% | Percentage of the fund’s portfolio invested in the stock 0.81% | Change in the portfolio weight of the stock over the last 3 months -0.13% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 23/195 (-1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 3.1517% | Percentage of the fund’s portfolio invested in the stock 1.02% | Change in the portfolio weight of the stock over the last 3 months -0.21% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 54/98 (-1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 2.5406% | Percentage of the fund’s portfolio invested in the stock 0.79% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 53/80 (-7) |
Compare 3-month MF holding change on Screener
smallcases containing IEX stock
smallcases containing IEX stock
Looks like this stock is not in any smallcase yet.
IEX Events
IEX Events
IEX Dividend Trend
IEX has shown inconsistent dividend trend over the last 5 years
Current dividend yield is 2.38%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹23.82 every year
Dividends
Corp. Actions
Announcements
Legal Orders
IEX Dividend Trend
IEX has shown inconsistent dividend trend over the last 5 years
Current dividend yield is 2.38%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹23.82 every year
IEX Upcoming Dividends
IEX Upcoming Dividends
No upcoming dividends are available
IEX Past Dividends
IEX Past Dividends
Cash Dividend
Ex DateEx DateFeb 4, 2026
Dividend/Share
₹1.50
Ex DateEx Date
Feb 4, 2026
Cash Dividend
Ex DateEx DateMay 16, 2025
Dividend/Share
₹1.50
Ex DateEx Date
May 16, 2025
Cash Dividend
Ex DateEx DateJan 31, 2025
Dividend/Share
₹1.50
Ex DateEx Date
Jan 31, 2025
Cash Dividend
Ex DateEx DateMay 31, 2024
Dividend/Share
₹1.50
Ex DateEx Date
May 31, 2024
Cash Dividend
Ex DateEx DateFeb 2, 2024
Dividend/Share
₹1.00
Ex DateEx Date
Feb 2, 2024
IEX Stock News & Opinions
IEX Stock News & Opinions
Indian Energy Exchange achieved highest ever monthly electricity traded volume of 13,050 MU in January 2026, marking a 19.6% increase on year-on-year basis. At total of 23.91 lakh renewable energy certificates were traded during the month. Powered by Capital Market - Live
Revenue from operations rose 10.31% year-on-year (YoY) to Rs 145.67 crore in the quarter ended 31 December 2025. Profit before tax (PBT) jumped 12.54% YoY to Rs 156.94 crore in Q3 FY26. On a nine-month basis, the company's consolidated net profit rose 16.36% YoY to Rs 363.14 crore in 9M FY26, while revenue from operations increased 11.72% YoY to Rs 441.34 crore. Meanwhile, the company's board of directors approved the payment of an interim dividend of Rs 1.50 per equity share for the financial year 2025'26. IEX is India's premier electricity exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable power, renewable energy certificates and energy-saving certificates. The counter shed 0.97% to Rs 127.55 on the BSE. Powered by Capital Market - Live
Net profit of Indian Energy Exchange rose 11.02% to Rs 119.11 crore in the quarter ended December 2025 as against Rs 107.29 crore during the previous quarter ended December 2024. Sales rose 10.31% to Rs 145.67 crore in the quarter ended December 2025 as against Rs 132.05 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales145.67132.05 10 OPM %83.7085.66 - PBDT162.98144.86 13 PBT156.94139.45 13 NP119.11107.29 11 Powered by Capital Market - Live
Indian Energy Exchange announced that the Board of Directors of the Company at its meeting held on 29 January 2026, has recommended a Interim Dividend of Rs.1.50 per share (i.e.150%), subject to the approval of the shareholders.Powered by Capital Market - Live
Indian Energy Exchange will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live
The tribunal was hearing IEX's plea seeking the withdrawal of the Central Electricity Regulatory Commission's (CERC) July 2025 direction on day-ahead market (DAM) coupling. Market coupling is an economic model used in energy markets to create a single, uniform price for electricity across different trading platforms or exchanges, diluting IEX's dominant position. At the scheduled hearing on 9 January 2026, APTEL concluded proceedings for the day and deferred further hearing in the market coupling case to Monday, 19 January 2026. Ahead of the hearing, CERC issued a circular clarifying that its July 2025 communication should be treated as a 'direction' rather than an 'order.' In its petition, IEX has argued that the CERC direction is arbitrary, violates principles of natural justice, and would result in a loss of market share without delivering any tangible benefits. During an earlier hearing on 28 November, IEX had cited a Securities and Exchange Board of India (SEBI) report alleging that certain CERC officials had indulged in insider trading. Meanwhile, the company clarified that media reports on the market coupling issue were based on a routine hearing before APTEL and that no fresh order had been passed. IEX further stated that the stock price movement was market-driven and that all developments, including CERC's corrigendum to its earlier direction, had already been disclosed to the exchanges. IEX is India's premier electricity exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable power, renewable energy certificates and energy saving certificates. The company's consolidated net profit jumped 13.9% to Rs 123.35 crore on 10.4% increase in revenue from operations to Rs 153.92 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live
Hitachi Energy India Ltd, Elecon Engineering Company Ltd, Tejas Networks Ltd, Cera Sanitaryware Ltd are among the other stocks to see a surge in volumes on NSE today, 09 January 2026.Indian Energy Exchange Ltd notched up volume of 1992.1 lakh shares by 14:14 IST on NSE, a 7.31 fold spurt over two-week average daily volume of 272.70 lakh shares. The stock slipped 6.92% to Rs.139.70. Volumes stood at 241.7 lakh shares in the last session.Hitachi Energy India Ltd notched up volume of 6.35 lakh shares by 14:14 IST on NSE, a 6.16 fold spurt over two-week average daily volume of 1.03 lakh shares. The stock slipped 5.12% to Rs.17,500.00. Volumes stood at 1.82 lakh shares in the last session.Elecon Engineering Company Ltd witnessed volume of 107.41 lakh shares by 14:14 IST on NSE, a 4.99 times surge over two-week average daily volume of 21.52 lakh shares. The stock dropped 15.86% to Rs.423.50. Volumes stood at 24.19 lakh shares in the last session.Tejas Networks Ltd saw volume of 27.53 lakh shares by 14:14 IST on NSE, a 4.54 fold spurt over two-week average daily volume of 6.07 lakh shares. The stock dropped 5.33% to Rs.418.15. Volumes stood at 5.09 lakh shares in the last session.Cera Sanitaryware Ltd registered volume of 48470 shares by 14:14 IST on NSE, a 4.23 fold spurt over two-week average daily volume of 11453 shares. The stock slipped 1.25% to Rs.5,123.50. Volumes stood at 18631 shares in the last session.Powered by Capital Market - Live
Indian Energy Exchange (IEX) achieved monthly electricity traded volume (excluding TRAS) of 11,409 MU in November'25, marking an 17.7% increase on year-on-year basis. A total of 4.74 lakh Renewable Energy Certificates were traded during the month. According to government data published in November '25,the country's energy consumption reached 123.4 BUs, decline of nearly 1% compared to the previous year. Enhanced hydro, wind, and solar generation resulted in higher supply liquidity on the exchange platform, leading to a decline in DAM and RTM prices. The market clearing Price in the Day Ahead Market at Rs. 3.07/unit during November'25, declined 6.9% YoY. Similarly, price in the Real Time Market at Rs 3.14/unit during November' 25, declined 9.2% YoY. These prices presented an opportunity for Discoms and Commercial & Industrial consumers to meet their demand at a competitive price and to replace their costlier power by procuring through exchanges. ELECTRICITY MARKET: DAY- AHEAD, TERM- AHEAD & REAL-TIME MARKET The Day-Ahead Market (DAM) achieved 5,668 MU volume in November'25 as compared to 5,651 MU volume in November'24, increase of 0.3% YoY. The Real-Time Electricity Market (RTM) volume increased to 4,233 MU in November '25, from 3,019 MU in November'24, registering an increase of 40.2% YoY. Day Ahead Contingency andTerm-Ahead Market(TAM),comprising of HPTAM, contingency, daily & weekly and monthly contracts up to 3 months, traded 693 MU in November'25 as compared to 202 MU volume in November'24, increase of 243.1% YoY. GREEN MARKET:GREENDAY-AHEAD & GREENTERM-AHEAD MARKET IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 815 MU volume during November '25 as compared to 818 MU in November'24, decline of 0.3% YoY. The weighted average price in Green Day-Ahead Market (G-DAM) for November'25 was Rs 3.29/ unit. RENEWABLE ENERGY CERTIFICATE MARKET (REC MARKET) A total of 4.74 lakh RECs were traded in the trading sessions held on 12th November'25 and 26th November'25, at a clearing price of Rs.370/REC and Rs.364/REC respectively. REC traded volume in November'25 decreased by 13.1% on YoY basis. The next REC trading sessions at the Exchange are scheduled on 10th Dec'25 and 31st Dec'25. Powered by Capital Market - Live
The Board of Directors of Indian Gas Exchange (IGX), an associate company of Indian Energy Exchange, at its meeting held on 02 December 2025, has provided its approval to start the process of Initial Public Offering (IPO) of the equity shares of face value of Rs. 10 each of IGX. The IPO will be undertaken by way of an offer for sale by certain existing and eligible shareholders, subject to market conditions, receipt of applicable approvals, regulatory clearances and other considerations.Powered by Capital Market - Live
Indian Energy Exchange achieved monthly electricity traded volume (excluding TRAS) of 11,233 MU in October'25, marking an 16.5% increase on year-on-year basis. A total of 6.19 lakh Renewable Energy Certificates were traded during the month, marking a 39.4% year on year increase. According to government data published in October '25, the country's energy consumption reached 132 BUs, decline of 6% compared to the previous year. Enhanced hydro, wind, and solar generation, combined with steady supply from coal-based generation resulted in higher supply liquidity on the exchange platform, leading to a decline in DAM and RTM prices. The market clearing Price in the Day Ahead Market at Rs. 2.67/unit during October'25, declined 32% YoY. Similarly, price in the Real Time Market at Rs 2.73/unit during October'25, declined 27.8% YoY. These prices presented an opportunity for Discoms and Commercial & Industrial consumers to meet their demand at a competitive price and to replace their costlier power by procuring through exchanges. ELECTRICITY MARKET:DAY-AHEAD, TERM-AHEAD & REAL-TIME MARKET The Day-Ahead Market (DAM) including HPDAM achieved 4,684 MU volume in October'25 as compared to 4,388 MU volume in October'24, increase of 6.7% YoY. The DAM segment accounted for38.7%ofthe total traded volumes in October'25. The Real-Time Electricity Market (RTM) volume increased to 4,583 MU in October'25, from 3,123 MU in October'24, registering an increase of 46.8% YoY. The RTM segment accounted for 37.8% of the total traded volumes in October'25 Day Ahead Contingency and Term-Ahead Market (TAM), comprising of HPTAM, contingency, daily & weekly and monthly contracts up to 3 months, traded 911 MU in Ocotober'25 as compared to 1,260 MU volume inOctober'24, decline of 27.7% YoY. GREENMARKET: GREENDAY-AHEAD & GREEN TERM-AHEAD MARKET IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 1,055 MU volume during October '25 as compared to 872 MU in October'24, registering an increase of 21% YoY. The weighted average price in Green Day-Ahead Market (G-DAM) for October'25 was Rs 2.47/ unit. RENEWABLE ENERGY CERTIFICATE MARKET (RECMARKET) A total of 6.19 lakh RECs were traded in the trading sessions held on 08th October'25and 29th October'25, at a clearing price of Rs.370/REC. REC traded volume in October'25 increased by 39.4% on YoY basis. The next REC trading sessions at the Exchange are scheduled on 12th Nov'25 and 26th Nov'25.Powered by Capital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 17.71%, vs industry avg of 5.66%
Over the last 5 years, market share increased from 1.61% to 2.71%
Over the last 5 years, net income has grown at a yearly rate of 19.55%, vs industry avg of 29.36%