ALFA Finder| Management target | Revenue 15.0% FY30 |
|---|
| Revenue growth | FY26 consolidated revenue grew 13.6% YoY. |
|---|---|
| Margins | Strong operating margins maintained through asset-light platform model. |
| Demand visibility | Strong; peak demand expected to hit 388GW by FY32. |
| Management confidence | Confident, relying on deep customer integration via APIs. |
Growth
Electricity volumes grew 16% YoY; consolidated revenue rose 13.6% in FY26 to ₹747 Cr.
Outlook
Targeting 25% share of total generation by 2030; RTM volumes expected to grow 25-30% annually.
Risks
Regulatory implementation of market coupling remains the primary threat to IEX's dominant market share.
Last quarter's promises, checked
Delivered
- Electricity volume growth 15-20% → delivered 17% for FY26 (= BEAT)
- Coal production targets → delivered 1,041 million tons for FY26 (= BEAT)
- Renewable capacity sourcing 50% by 2030 → delivered 50% in FY26 (= BEAT)
Partly delivered
- Market Coupling challenge → legal status remains fluid/ongoing (= PARTIAL)
Missed
- IGX Q1 growth → delivered flat/no growth due to Middle East conflict (= MISS)
Earnings Call Transcript filed with BSE, NSE: IEX. Summary written with AI assistance from the document.
Indian Energy Exchange Ltd: key numbers
- Share price
- ₹114.05
- Market cap
- ₹10,170 Cr
- Revenue (annual)
- ₹615.6 Cr
- Net profit (annual)
- ₹492.9 Cr
- P/E (TTM)
- 19.4×Sector 20.8×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 12.02%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Indian Energy Exchange Ltd
All →Indian Energy Exchange Business Update
IEX reported October 2026 electricity traded volume of 13,092 MU, up 16.5% YoY. Day-ahead prices rose sharply year-on-year amid higher demand.
Indian Energy Exchange Other Announcement
IEX reported a contra trade by a designated person's relative and disclosed a ₹1,230 profit disgorgement to SEBI. Two designated persons were also issued warning letters for contra trades.
Indian Energy Exchange Earnings Call Transcript: Key Takeaways
IEX delivered record volumes and double-digit profit growth despite high market prices and monsoon-driven supply volatility.
- Call
- Guides 15% growth
Indian Energy Exchange Investor Presentation: Key Takeaways
IEX Q2 FY27 deck discloses no quarterly P&L. RTM is 41% of H1 FY27 electricity volumes (~33 BU). Strategy centres on Green RTM, peak contracts, carbon credits and market coupling.
Indian Energy Exchange Results Update
IEX reported H1 FY27 consolidated PAT of Rs 274.0 crore, up 12.3%, and Q2 consolidated PAT of Rs 139.2 crore. Electricity volumes grew 14.2% in H1 and 12.7% in Q2.
Indian Energy Exchange Q2 FY27 Results: Net Profit ₹139.2 Cr, Up 12.9% YoY
Indian Energy Exchange Ltd reported revenue from operations of ₹167.1 Cr (+8.6% YoY) and net profit of ₹139.2 Cr (+12.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹139.2 Cr · +12.9% YoY