āagman

Not investment advice. Data and computed figures, for information only.

Indian Energy Exchange Ltd

NSE: IEXF&O
₹107.60
−₹0.40 (−0.37%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹9,343 Cr
CMP
₹107.60
52-wk High / Low
₹160 / 103
P/E
18.4
P/B
6.9
Book Value
₹15.3
Div Yield
3.34%
ROCE
51.0%
ROE
39.4%
Face Value
₹1
D/E
0.01

Price−23.1% over 1Y

āagman read

Computed by āagman
Derived from 8 years and 14 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹44
√(22.5 × EPS × book value per share)
ROIC
27.6%
vs 10.0% sector median
Cash flow to profit
0.88
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+193
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
15.2%
ROE × earnings retention ratio
ROE stability
2.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Cash-accrual divergence
2.6%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 50% vs the 2024 sector median of 14.5%)
+PE of 18.4x is below the sector median of 20.4x
Watch-outs
−Price trades below its 200-day moving average (0.9x)
−Price is 32.9% below its 52-week high

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales104109115121124139132142142154146174158
Expenses22171717242019212620242527
Operating Profit82929910599120113121115133122149131
OPM %78.8%84.4%86.1%86.8%79.8%86.3%85.6%85.2%81.0%86.4%83.6%85.6%82.9%
Other Income25282930343132374934422753
Interest1111111111111
Depreciation5555555556666
Profit before tax101114122129128145139152158161157169177
Net Profit7686929796108107117121123119130135
EPS (₹)0.850.971.031.081.081.211.201.311.351.381.341.461.51

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 8 years + TTM
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales254257318431401449537616632
Expenses515567676472849696
Operating Profit203202251364336377454520536
OPM %79.9%78.6%78.9%84.5%83.8%84.0%84.5%84.4%84.8%
Other Income4040386186112135151155
Interest122223322
Depreciation101517171920212324
Profit before tax232226270405402466565646664
Net Profit165176205309306351429493507
EPS (₹)1.811.962.293.443.433.934.815.535.69

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital3030309089898989—
Reserves3403584966147108831,0471,275—
Borrowings01412101410611—
Other Liabilities3352654449836407911,0541,060—
Total Liabilities7066679821,6961,4531,7742,1962,436—
Fixed Assets1111191211101101018797—
CWIP14754445—
Investments4755097131,2481,2191,3311,6331,993—
Other Assets11836141333121337472341—
Total Assets7066679821,6961,4531,7742,1962,436—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity138126306762−23298427433
Cash from Investing Activity−62−3−196−44870−24−196−231
Cash from Financing Activity−78−161−77−136−215−183−272−272
Net Cash Flow−2−3833178−16791−41−70

Ratios

As of 31 Mar 2026
8 periods
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—56.055.061.050.050.053.051.0
ROE %———————39.4
EPS (₹)1.811.962.293.443.433.934.815.53
Book Value (₹)———————15.3
Face Value (₹)———————1
P/E———————18.4
Div Yield %———————3.34
NPM %56.159.357.662.862.862.663.864.3
OPM %80.079.079.084.084.084.084.084.0
D/E0.000.040.020.010.020.010.010.01
P/B———————6.9

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+14.0%
3 years+15.0%
TTM+14.0%
Compounded profit growth
5 years+20.0%
3 years+19.0%
TTM+12.0%
Stock price CAGR
5 years−17.0%
3 years−8.0%
Last year−25.0%
Return on equity
5 years40.0%
3 years39.0%
Last year39.0%

Shareholding pattern

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseClosure of Trading WindowAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSubmission Of Application By Wholly Owned Subsidiary Of Indian Energy Exchnage Limited
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingApr 2026TranscriptApr 2026PPTApr 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025Recording

Corporate actions

As of 15 May 2026
15 May 2026DIVIDENDDividend - Rs 2 Per Share—
4 Feb 2026DIVIDENDInterim Dividend - Rs 1.50 Per Share—
16 May 2025DIVIDENDDividend - Rs 1.50 Per Share—
31 Jan 2025DIVIDENDInterim Dividend - Rs 1.50 Per Share—
31 May 2024DIVIDENDDividend - Rs 1.50 Per Share—
2 Feb 2024DIVIDENDInterim Dividend - Re 1 Per Share—
28 Jul 2023DIVIDENDDividend - Re 1 Per Share—
11 Aug 2022DIVIDENDDividend - Re 1 Per Share—
3 Feb 2022DIVIDENDInterim Dividend - Re 1 Per Share—
3 Dec 2021BONUS Bonus 2:1—
18 Aug 2021DIVIDEND Dividend - Rs 1.50 Per Share—
28 Jan 2021DIVIDEND Interim Dividend - Rs 2.50 Per Share—
19 Mar 2020DIVIDEND Interim Dividend - Rs 2.50 Per Share—
19 Oct 2018SPLIT Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share10 : 1
10 Sep 2018DIVIDEND Annual General Meeting/Dividend Rs 22 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman