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Indian Energy Exchange Ltd. (IN:IEX)
:IEX
IEX Stock Chart & Stats
₹154.75
₹0.15(0.09%)
At close: 4:00 PM EST
₹154.75
₹0.15(0.09%)
Day’s Range― - ―
52-Week Range₹117.50 - ₹215.40
Previous CloseN/A
Volume4.18M
Average Volume (3M)274.69K
Market Cap
₹107.27B
Enterprise Value₹106.24B
Total Cash (Recent Filing)₹13.88B
Total Debt (Recent Filing)₹48.84M
Price to Earnings (P/E)25.0
Beta1.32
Next Earnings
May 30, 2026EPS Estimate
1.48Next Dividend Ex-DateN/A
Dividend Yield3.23%
Share Statistics
EPS (TTM)1.30
Shares Outstanding891,692,750
10 Day Avg. Volume234,014
30 Day Avg. Volume274,691
Financial Highlights & Ratios
PEG Ratio1.62
Price to Book (P/B)13.82
Price to Sales (P/S)29.25
P/FCF Ratio37.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹142.00Price Target Upside-8.24% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)5.45
Revenue Forecast (FY)₹6.04B
Bulls Say, Bears Say
Bulls Say
Very High Operating MarginsIEX’s extremely high reported margins—EBIT ~93%, EBITDA ~87%, net ~65%—reflect a highly scalable, low-variable-cost electronic exchange model. Structural profitability supports persistent free cash generation, funds reinvestment and distributions, and cushions the business versus modest volume swings.
Strong Free Cash Flow ConversionFree cash flow grew ~48% year-over-year and converts nearly 1:1 with net income, indicating durable cash conversion. This strengthens the company’s ability to self‑fund growth, return capital to shareholders, and absorb cyclical downturns without materially increasing external financing needs.
Minimal Financial LeverageVery low debt and a healthy equity base provide financial resilience and optionality. With minimal interest burden and high ROE, management can allocate cash to strategic initiatives or shareholder returns while maintaining capacity to navigate industry disruptions over the medium term.
Bears Say
Rising Liabilities TrendAnalysts flag a noticeable increase in liabilities over recent years. If liabilities continue rising it could erode liquidity headroom, increase working capital or funding needs, and eventually force higher reliance on short‑term financing, weakening the current low‑leverage profile.
Revenue Concentration On Transaction FeesThe company’s revenue base is heavily tied to transaction fees and trading volumes. Structural declines in volumes, limited product diversification, or regulatory changes to fee schedules would directly cut revenue and cash flow, increasing business cyclicality and long‑term risk without new revenue streams.
Potential Margin Pressure From CompetitionThe income statement notes potential future competitive pressure. Because margins are a primary moat, sustained pricing competition or regulatory interventions that lower fees would compress profitability and free cash flow, reducing reinvestment capacity and long‑term shareholder returns.
Indian Energy Exchange Ltd. News
IEX FAQ
What was Indian Energy Exchange Ltd.’s price range in the past 12 months?
Indian Energy Exchange Ltd. lowest stock price was ₹117.50 and its highest was ₹215.40 in the past 12 months.
What is Indian Energy Exchange Ltd.’s market cap?
Indian Energy Exchange Ltd.’s market cap is ₹107.27B.
When is Indian Energy Exchange Ltd.’s upcoming earnings report date?
Indian Energy Exchange Ltd.’s upcoming earnings report date is May 30, 2026 which is in 76 days.
How were Indian Energy Exchange Ltd.’s earnings last quarter?
Indian Energy Exchange Ltd. released its earnings results on Jan 29, 2026. The company reported ₹1.3 earnings per share for the quarter, missing the consensus estimate of ₹1.303 by -₹0.003.
Is Indian Energy Exchange Ltd. overvalued?
According to Wall Street analysts Indian Energy Exchange Ltd.’s price is currently Overvalued.
Does Indian Energy Exchange Ltd. pay dividends?
Indian Energy Exchange Ltd. pays a Quarterly dividend of ₹1.5 which represents an annual dividend yield of 3.23%. See more information on Indian Energy Exchange Ltd. dividends here
What is Indian Energy Exchange Ltd.’s EPS estimate?
Indian Energy Exchange Ltd.’s EPS estimate is 1.48.
How many shares outstanding does Indian Energy Exchange Ltd. have?
Indian Energy Exchange Ltd. has 891,692,750 shares outstanding.
What happened to Indian Energy Exchange Ltd.’s price movement after its last earnings report?
Indian Energy Exchange Ltd. reported an EPS of ₹1.3 in its last earnings report, missing expectations of ₹1.303. Following the earnings report the stock price went down -1.009%.
Which hedge fund is a major shareholder of Indian Energy Exchange Ltd.?
Currently, no hedge funds are holding shares in IN:IEX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Indian Energy Exchange Ltd.
Indian Energy Exchange Limited operates a power trading platform. It enables trading and price discovery of electricity and related products with risk management for participants of the electricity market. The company's products include Day-Ahead Market, a physical electricity trading market for deliveries for any/some/all 15 minute time blocks in 24 hours of next day starting from midnight; Term-Ahead-Market that provides a range of products allowing participants to buy/sell electricity on intra-day, day-ahead contingency, 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; Renewable Energy Certificates to ease the purchase of renewable energy by the state utilities and obligated entities; Green Day-Ahead Market, a double-sided closed collective auction in renewable energy on a day-ahead basis; Cross-Border Electricity Trade, an endeavour towards building an integrated South Asian Power Market; and Energy Saving Certificates, a market-based instrument designed for the consumers in energy industries, such as aluminum, cement, thermal Power plant, distribution, utilities, refineries, railways, fertilizer, and iron and steel etc. Indian Energy Exchange Limited was incorporated in 2007 and is based in New Delhi, India.
IEX Stock 12 Month Forecast
Average Price Target
₹142.00
▼(-8.24% Downside)
Technical Analysis
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