Indian Energy Exchange Ltd.
NSE: IEXIndian Energy Exchange Ltd.: A 30-second snapshot
IEX trades at ₹132.21, up 0.94% over the trailing year and 3.47% over three months, currently above both its 50-day (₹123.92) and 200-day (₹128.02) moving averages after a 15.2% drawdown from its 52-week high. Trailing PE of 23.69x (forward 21.01x) sits alongside a 66.22% profit margin, 2.98% dividend yield, and a debt-to-equity of 0.82 on a falling trend. Recent news (8 articles: 7 neutral, 1 positive, 0 negative) has centered on Q1 FY27 results and subsidiary Indian Gas Exchange's IPO filing.
P/E
23.7
Forward P/E
21.0
ROE
—
Debt / Equity
0.82
Profit Margin
+66.2%
Div. Yield
+3.0%
5Y ROE > 15%
4/5
5Y FCF > 0
3/5
Quality
70/100
News
8 headlines · 1 positive · 0 negative
Indian Energy Exchange Limited Reports Earnings Results for the First Quarter Ended June 30, 2026 - marketscreener.com
marketscreener.com
Indian Energy Exchange Q1 Consolidated Net Profit Reaches 1.35B Rupees as Revenue Touches 1.58B Rupees - Sahi
Sahi
Indian Gas Exchange files IPO papers with Sebi; parent IEX to divest stake - The Hindu
The Hindu
Indian Gas Exchange files for IPO as parent IEX looks to pare stake - Reuters
Reuters
Indian Energy Exchange releases audio of July 24 analyst meet - scanx.trade
scanx.trade
Recent context
- ·Q1 FY27 (quarter ended June 30, 2026) results showed consolidated net profit of ₹1.35B on revenue of ₹1.58B, reported July 23, 2026 (marketscreener.com, Sahi).
- ·Subsidiary Indian Gas Exchange filed IPO papers with SEBI in mid-July 2026, with parent IEX set to divest a stake (The Hindu, Reuters, July 14-15, 2026).
- ·IEX released audio of its July 24, 2026 analyst meet; the 8 tracked news articles skewed neutral to mildly positive with none negative.
Strengths
- +Profit margin of 66.22% alongside ROE above 15% in 4 of the last 5 years and a fundamental consistency score of 87.
- +Debt-to-equity of 0.82 on a falling trend, per persistence data.
- +Trading above both 50-day (₹123.92) and 200-day (₹128.02) moving averages with RSI at 63.1 (neutral).
- +Dividend yield of 2.98% with free cash flow positive in 3 of the last 5 years.
Weaknesses
- −Sector peer group in the available dataset is Banking/NBFC rather than power-market exchanges, making PE and quality-score peer rankings (3 of 6) unreliable.
- −Current ROE metric is missing from this dataset even though 5-year persistence shows ROE above 15% in 4 of 5 years.
- −Free cash flow was positive in only 3 of the last 5 years despite the elevated 66% profit margin.
- −5-year revenue growth (10.1%) and earnings growth (11.8%) trail the high margin profile, and the stock remains 15.2% below its 52-week high.
Open questions
- ?Does the falling debt-to-equity trend reflect deliberate deleveraging or reduced capex and expansion activity?
- ?How might the Indian Gas Exchange IPO and stake dilution affect IEX's consolidated earnings and cash flow going forward?
- ?Why was free cash flow negative in 2 of the last 5 years despite a profit margin above 65%?
- ?Given the likely sector misclassification in the available peer data, what would a more relevant peer set (power exchanges, market infrastructure institutions) show for PE and ROE comparison?
Peer comparison: Banking
Ranks 3 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| IEX | Indian Energy Exchange Ltd.You're viewing | 23.7 | — | 58 |
| Industry avg | across 5 peers | 32.2 | +14.1% | 49 |
| AXISBANK | Axis Bank Ltd. | 13.9 | +13.3% | 70 |
| HDFCBANK | HDFC Bank Ltd. | 16.3 | +13.8% | 66 |
| BAJFINANCE | Bajaj Finance Ltd. | 36.8 | +17.9% | 51 |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 61.2 | +10.8% | 33 |
| BAJAJFINSV | Bajaj Finserv Ltd. | 32.7 | +14.6% | 23 |
Technical state
Current price
₹132.21
SMA 50
₹123.92
SMA 200
₹128.02
RSI (14)
63.1 (neutral)
From 52w high
-15.2%
1Y return
+0.9%
3M return
+3.5%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- mediumSector peer group in this dataset is Banking/NBFC (AXISBANK, BAJAJFINSV, BAJFINANCE, HDFCBANK, HDFCLIFE), which is a mismatch for a power-market exchange, making the PE rank (3 of 6) and quality-score rank (3 of 6) unreliable as peer comparisons.
- lowCurrent-period ROE metric is null in the fundamental snapshot, even though persistence data shows ROE above 15% in 4 of the last 5 years with a consistency score of 87.
- lowFree cash flow was positive in only 3 of the last 5 years despite a 66.22% profit margin, and 5-year revenue growth (10.1%) and earnings growth (11.8%) trail that margin profile.
- lowParent IEX filed IPO papers for subsidiary Indian Gas Exchange in mid-July 2026 and is set to divest a stake, a structural change whose consolidated earnings impact is not yet reflected in the tracked metrics.
Cross-section contradictions
- Fundamental persistence metrics are strong (ROE above 15% in 4 of 5 years, consistency score of 87, falling debt-to-equity) while the stock has returned only 0.94% over the trailing year and remains 15.2% below its 52-week high, despite predominantly neutral-to-positive news flow (8 articles: 1 positive, 7 neutral, 0 negative).
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 31 Jul 2026 · rotates through NIFTY 500 every ~5 days