- Valuation
- ₹11,170 Cr
About Indian Energy Exchange
Indian Energy Exchange is a publicly listed company based in Delhi (India) founded in 2007. Power trading services are facilitated via an automated platform. Indian Energy Exchange has raised $30.02 million across 3 funding rounds from investors including Bessemer Venture Partners, WestBridge Capital and Lightspeed India. The company has 179 employees. Its chief executive, as recorded, is Satyanarayan Goel. Its website iexindia.com draws about 63 thousand monthly visits. Its Indian entity Indian Energy Exchange Limited reported revenue of βΉ767 Cr. Indian Energy Exchange offers products and services including Day-Ahead Market, Real Time Market, IEX Mobile Application, and Membership Services. Its focus areas include Financial Exchanges and Commodities Exchanges. Its competitors include MCX, AROMA ENTERPRISES and Janus Corporation; 1 of its 3 listed competitors has raised funding.
Company details
The Indian Energy Exchange was established in 2007 in Delhi, India, within the energy sector. A de-mutualized and automated platform is operated for the physical delivery of electricity, enabling price discovery and risk management for market participants. Open access is granted to consumers for managing power portfolios on the exchange.
Recognitions & Rankings of Indian Energy Exchange
- Headquarters Delhi, India
- Employees 179
- Stage Public
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Website iexindia.com
- Social LinkedIn X Facebook
- Legal Name Indian Energy Exchange Ltd.
- Market Cap₹10,170 Cr
IEX · NSE
- Share Price₹115.50
+1.27% today
- Revenue₹616 Cr
FY 2025-26 · +14.6% YoY
- EBITDA₹520 Cr
Margin 84.5%
- Net Profit₹493 Cr
FY 2025-26 · +14.9% YoY
- P/E (TTM)19.2x
P/B 6.9x
- ROE39.4%
ROCE 50.8%
- Debt / Equity0.01
Interest cover 0.5x
- Total Equity Funding$30.02M (USD)
in 3 rounds
- InvestorsBessemer Venture Partners
& 3 more
- Employee Count179
Associated legal entities of Indian Energy Exchange
Indian Energy Exchange operates through Indian Energy Exchange Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indian Energy Exchange Limited Listed CIN L74999DL2007PLC277039 | Active | 26 Mar 2007 | New Delhi, Delhi | ₹767 Cr | 160 | 9 | View details |
Products & Services of Indian Energy Exchange
Indian Energy Exchange offers a comprehensive portfolio of products and services, including Day-Ahead Market, Real Time Market, IEX Mobile Application, and Membership Services.
Platform for competitive price discovery in electricity trading.
System for immediate electricity transaction and delivery services.
App for accessing market data and trading functionalities.
Services enabling participation in power exchange activities.
Funding Insights of Indian Energy Exchange
Indian Energy Exchange has successfully raised a total of $30.02M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $30.02M
- Total Rounds 3
- First Round $15.34M
(Dec 2010)
- Investors Count 4
All 3 funding rounds of Indian Energy Exchange with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | Series A | β | β | ||
| Mar 2016 | $14.68M | Private Equity Round | β | Motilal Oswal | β |
| Dec 2010 | $15.34M | Series A | β | Bessemer Venture Partners, Lightspeed India | β |
4 investors in total: 4 institutional.
Investors in Indian Energy Exchange
Indian Energy Exchange has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, WestBridge Capital and Lightspeed India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology. | 2000 | westbridgecap.com | Quatre Bornes, Mauritius | |
Motilal Oswal Alternates is engaged in alternative investment management. | motilaloswalalt.com | Mumbai, India | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Venture capital investing in innovative startups across technology sectors. | 2008 | lsip.com | Bengaluru, India |
Investor details for Indian Energy Exchange
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Indian Energy Exchange Limited (Indian Energy Exchange)
Indian Energy Exchange Limited is the primary company behind Indian Energy Exchange. The board of Indian Energy Exchange Limited currently have 8 directors; the longest-serving is Satyanarayan Goel, appointed in 2012. 35 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satyanarayan Goel DIN 02294069 | Managing Director | 16 Oct 2012 | 14 yrs | Indian Energy Exchange Limited |
| Gautam Dalmia DIN 00009758 | Director | 20 Dec 2018 | 7 yrs 10 mo | Indian Energy Exchange Limited |
| Tejpreet Singh Chopra DIN 00317683 | Director | 05 Mar 2019 | 7 yrs 8 mo | Indian Energy Exchange Limited |
| Sudha Pillai DIN 02263950 | Director | 26 Apr 2019 | 7 yrs 6 mo | Indian Energy Exchange Limited |
| Amit Garg DIN 06385718 | Director | 14 May 2020 | 6 yrs 5 mo | Indian Energy Exchange Limited |
| Rajeev Gupta DIN 00241501 | Director | 10 Aug 2024 | 2 yrs 3 mo | Indian Energy Exchange Limited |
| Rohit Bajaj DIN 06793234 | Whole-time director | 10 Aug 2024 | 2 yrs 3 mo | Indian Energy Exchange Limited |
| Pradeep Kumar Pujari DIN 00399995 | Director | 12 Mar 2025 | 1 yr 8 mo | Indian Energy Exchange Limited |
People of Indian Energy Exchange
48 people are tracked at Indian Energy Exchange (14 in leadership, 34 in team); the tracked headcount is 179.
| Name | Role | Group |
|---|---|---|
| Executive Director | Leadership | |
| CEO | Leadership | |
| Vice President Strategy | Leadership | |
| Executive Director, Business Development,Strategy & Regulatory Affairs | Leadership | |
Amit Kumar | Head, Market Operations & New Product Initiatives | Leadership |
Vineet Harlalka | CFO & Company Secretary | Leadership |
Ravi Seth | Vice President Of Business Development | Leadership |
Prachi Marwaha | Secretary To Head Business Development & Regulatory | Leadership |
Aparna Vyas Garg | Vice President | Leadership |
Gaurav Maheshwari | Vice President | Leadership |
Deep Darshan Suman | Head Of Talent Management | Leadership |
Brijesh Narang | Vice President Human Resources | Leadership |
Dhruv Dhiman | Vice President Business Development | Leadership |
Nitin Arvindakshan | HR Manager (hr Business Partner) | Leadership |
Sachin Pawar | Project Development Manager | Team |
Nishaant S Prasad | Deputy Manager | Team |
Sunil Chauhan | Senior Test Manager | Team |
Varun Bansal | Operation Associate | Team |
Sameer Kumar Tripathi | Human Resources Manager | Team |
Erika Mathur | Senior Software Engineer | Team |
28 more people are available in the full profile.
Complete people profiles for Indian Energy Exchange
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Indian Energy Exchange
Indian Energy Exchange is a publicly listed company on the NSE with ticker symbol IEX in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date23 Oct 2017
- Listed onNSE: IEX · BSE: 540750
- Listed entityIndian Energy Exchange Ltd.
- Exchange sectorFinance
- ISININE022Q01020
- Share price₹108.00 (+1.5% on the day) · 2026-10-14
- Market capitalisation₹9,483 Cr
- Price to earnings19.0
- EPS (diluted, trailing year)₹5.70
- Dividend yield3.29%
- Volume (last session)5,063,405
Financials of Indian Energy Exchange
Exchange-reported figures of Indian Energy Exchange Limited, the listed company behind Indian Energy Exchange (NSE: IEX).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 616 | 537 | 449 | 401 | 431 | 318 | 257 |
| Revenue growth | +14.6% | +19.6% | +12.1% | -7.0% | +35.6% | +23.6% | - |
| EBITDA | 520 | 454 | 377 | 336 | 364 | 251 | 202 |
| EBITDA margin | +84.5% | +84.4% | +83.9% | +83.9% | +84.4% | +78.9% | +78.6% |
| Profit before tax | 646 | 565 | 466 | 402 | 405 | 270 | 226 |
| Net profit | 493 | 429 | 335 | 290 | 295 | 201 | 166 |
| Net profit margin | +80.1% | +79.9% | +74.7% | +72.3% | +68.5% | +63.2% | +64.5% |
| EPS (βΉ) | 5.53 | 4.82 | 3.94 | 3.43 | 3.44 | 6.90 | 5.89 |
| Balance sheet | |||||||
| Total assets | 1,393 | 1,160 | 996 | 825 | 722 | 578 | 410 |
| Net worth | 1,365 | 1,136 | 972 | 799 | 703 | 526 | 388 |
| Total debt | 11.16 | 6.15 | 10.36 | 14.10 | 10.01 | 11.73 | 13.91 |
| Cash & bank | 105 | 113 | 187 | 64.61 | 233 | 104 | 27.64 |
| Net working capital | (681) | (596) | (426) | (525) | (620) | (244) | (200) |
| Cash flow | |||||||
| Cash from operations | 433 | 427 | 298 | (22.62) | 762 | 306 | 126 |
| Cash from investing | (231) | (196) | (24.50) | 70.26 | (448) | (196) | (2.52) |
| Cash from financing | (272) | (272) | (183) | (215) | (136) | (77.12) | (161) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 167 | 158 | 174 | 146 | 154 | 142 | 142 | 132 |
| Revenue growth (YoY) | +8.6% | +11.4% | +22.5% | +10.3% | +10.4% | +14.7% | - | - |
| Other income | 46.91 | 52.65 | 26.55 | 41.57 | 33.87 | 49.11 | 36.58 | 32.42 |
| EBITDA | 141 | 131 | 149 | 122 | 133 | 115 | 121 | 113 |
| EBITDA margin | +84.6% | +82.9% | +85.7% | +83.7% | +86.7% | +81.3% | +85.3% | +85.7% |
| Depreciation | 6.15 | 6.01 | 6.13 | 6.05 | 5.69 | 5.45 | 5.27 | 5.41 |
| Interest | 0.68 | 0.77 | 0.65 | 0.52 | 0.53 | 0.58 | 0.61 | 0.67 |
| Profit before tax | 181 | 177 | 169 | 157 | 161 | 158 | 152 | 139 |
| Tax | 42.16 | 42.04 | 39.36 | 37.83 | 37.75 | 37.70 | 34.89 | 32.15 |
| Net profit | 139 | 135 | 130 | 119 | 123 | 121 | 117 | 107 |
| EPS (βΉ) | 1.56 | 1.52 | 1.45 | 1.34 | 1.39 | 1.36 | 1.32 | 1.21 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 608 | 535 | 449 | 401 | 426 | 317 | 257 |
| Revenue growth | +13.6% | +19.2% | +12.1% | -5.8% | +34.2% | +23.4% | - |
| EBITDA | 514 | 455 | 378 | 336 | 366 | 259 | 204 |
| EBITDA margin | +84.5% | +85.0% | +84.3% | +83.9% | +85.9% | +81.8% | +79.6% |
| Profit before tax | 625 | 550 | 457 | 389 | 400 | 282 | 228 |
| Net profit | 474 | 415 | 342 | 277 | 294 | 209 | 168 |
| Net profit margin | +77.9% | +77.5% | +76.0% | +69.0% | +69.0% | +65.8% | +65.4% |
| EPS (βΉ) | 5.32 | 4.65 | 3.83 | 3.29 | 3.37 | 7.15 | 5.96 |
| Balance sheet | |||||||
| Total assets | 1,335 | 1,121 | 972 | 810 | 721 | 551 | 412 |
| Net worth | 1,307 | 1,098 | 948 | 784 | 702 | 531 | 390 |
| Total debt | 11.16 | 6.15 | 10.36 | 14.10 | 10.01 | 11.73 | 13.91 |
| Cash & bank | 104 | 113 | 185 | 64.49 | 233 | 77.37 | 27.26 |
| Net working capital | (682) | (598) | (427) | (525) | (620) | (258) | (200) |
| Cash flow | |||||||
| Cash from operations | 425 | 430 | 300 | (22.49) | 788 | 304 | 128 |
| Cash from investing | (223) | (199) | (26.16) | 70.01 | (473) | (194) | (4.76) |
| Cash from financing | (272) | (272) | (183) | (215) | (136) | (77.12) | (161) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 165 | 156 | 172 | 144 | 152 | 140 | 141 | 131 |
| Revenue growth (YoY) | +8.4% | +11.4% | +21.9% | +9.6% | +9.3% | +13.3% | - | - |
| Other income | 41.77 | 44.92 | 22.11 | 37.42 | 34.49 | 42.52 | 30.98 | 28.55 |
| Total expenses | 25.49 | 25.77 | 24.68 | 23.56 | 20.24 | 26.09 | 19.31 | 18.48 |
| EBITDA | 140 | 130 | 148 | 120 | 132 | 114 | 122 | 113 |
| EBITDA margin | +84.6% | +83.5% | +85.7% | +83.6% | +86.7% | +81.4% | +86.3% | +85.9% |
| Depreciation | 6.14 | 6.01 | 6.12 | 6.04 | 5.69 | 5.43 | 5.26 | 5.39 |
| Interest | 0.68 | 0.77 | 0.65 | 0.52 | 0.53 | 0.58 | 0.61 | 0.67 |
| Profit before tax | 174 | 168 | 163 | 151 | 160 | 150 | 147 | 135 |
| Tax | 41.66 | 41.61 | 38.95 | 36.11 | 38.66 | 37.37 | 35.07 | 32.16 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 167 | 158 | 174 | 146 | 154 | 142 | 142 | 132 |
| Revenue growth (YoY) | +8.6% | +11.4% | +22.5% | +10.3% | +10.4% | +14.7% | - | - |
| Other income | 46.91 | 52.65 | 26.55 | 41.57 | 33.87 | 49.11 | 36.58 | 32.42 |
| EBITDA | 141 | 131 | 149 | 122 | 133 | 115 | 121 | 113 |
| EBITDA margin | +84.6% | +82.9% | +85.7% | +83.7% | +86.7% | +81.3% | +85.3% | +85.7% |
| Depreciation | 6.15 | 6.01 | 6.13 | 6.05 | 5.69 | 5.45 | 5.27 | 5.41 |
| Interest | 0.68 | 0.77 | 0.65 | 0.52 | 0.53 | 0.58 | 0.61 | 0.67 |
| Profit before tax | 181 | 177 | 169 | 157 | 161 | 158 | 152 | 139 |
| Tax | 42.16 | 42.04 | 39.36 | 37.83 | 37.75 | 37.70 | 34.89 | 32.15 |
| Net profit | 139 | 135 | 130 | 119 | 123 | 121 | 117 | 107 |
| EPS (βΉ) | 1.56 | 1.52 | 1.45 | 1.34 | 1.39 | 1.36 | 1.32 | 1.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 616 | 537 | 449 | 401 | 431 | 318 | 257 |
| Revenue growth | +14.6% | +19.6% | +12.1% | -7.0% | +35.6% | +23.6% | - |
| Other income | 151 | 135 | 113 | 86.50 | 60.79 | 38.38 | 40.27 |
| Total expenses | 95.59 | 83.60 | 72.30 | 64.48 | 67.38 | 67.22 | 54.97 |
| Employee cost | 49.00 | 46.14 | 39.01 | 34.65 | 41.76 | 44.38 | 33.23 |
| EBITDA | 520 | 454 | 377 | 336 | 364 | 251 | 202 |
| EBITDA margin | +84.5% | +84.4% | +83.9% | +83.9% | +84.4% | +78.9% | +78.6% |
| Depreciation | 23.32 | 21.25 | 20.47 | 18.59 | 17.23 | 16.51 | 15.24 |
| Interest | 2.28 | 2.62 | 2.83 | 2.46 | 1.97 | 2.05 | 1.57 |
| Profit before tax | 646 | 565 | 466 | 402 | 405 | 270 | 226 |
| Tax | 153 | 135 | 115 | 95.94 | 96.61 | 65.02 | 49.90 |
| Net profit | 493 | 429 | 335 | 290 | 295 | 201 | 166 |
| Net profit margin | +80.1% | +79.9% | +74.7% | +72.3% | +68.5% | +63.2% | +64.5% |
| EPS (βΉ) | 5.53 | 4.82 | 3.94 | 3.43 | 3.44 | 6.90 | 5.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 89.09 | 89.09 | 89.09 | 89.09 | 89.78 | 29.85 | 29.83 |
| Reserves & surplus | 1,257 | 1,030 | 869 | 696 | 601 | 486 | 350 |
| Shareholders' funds (net worth) | 1,365 | 1,136 | 972 | 799 | 703 | 526 | 388 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 29.69 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 11.16 | 6.15 | 10.36 | 14.10 | 10.01 | 11.73 | 13.91 |
| Total debt | 11.16 | 6.15 | 10.36 | 14.10 | 10.01 | 11.73 | 13.91 |
| Total liabilities | 1,393 | 1,160 | 996 | 825 | 722 | 578 | 410 |
| Assets | |||||||
| Gross block | 220 | 203 | 202 | 193 | 175 | 171 | 157 |
| Net block | 96.68 | 86.84 | 101 | 110 | 110 | 121 | 119 |
| Capital work in progress | 5.30 | 4.13 | 4.20 | 3.79 | 4.88 | 6.64 | 3.83 |
| Investments | 1,993 | 1,633 | 1,331 | 1,219 | 1,248 | 713 | 509 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 1.98 | 2.62 | 86.27 | 7.03 | 87.37 | 3.20 | 0.19 |
| Cash & bank balances | 105 | 113 | 187 | 64.61 | 233 | 104 | 27.64 |
| Loans & advances | 225 | 290 | 48.29 | 10.53 | 11.21 | 29.17 | 4.95 |
| Total current assets | 332 | 406 | 321 | 82.17 | 331 | 136 | 32.78 |
| Total current liabilities | 1,014 | 1,002 | 747 | 607 | 952 | 381 | 233 |
| Net working capital | (681) | (596) | (426) | (525) | (620) | (244) | (200) |
| Total assets | 1,393 | 1,160 | 996 | 825 | 722 | 578 | 410 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 107 | 148 | 57.03 | 224 | 46.05 | 12.86 | 50.82 |
| Net cash from operating activities | 433 | 427 | 298 | (22.62) | 762 | 306 | 126 |
| Net cash from investing activities | (231) | (196) | (24.50) | 70.26 | (448) | (196) | (2.52) |
| Net cash from financing activities | (272) | (272) | (183) | (215) | (136) | (77.12) | (161) |
| Net change in cash | (69.58) | (40.97) | 90.88 | (167) | 178 | 33.19 | (37.96) |
| Closing cash | 105 | 113 | 187 | 64.61 | 233 | 104 | 27.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.6% | +19.6% | +12.1% | -7.0% | +35.6% | +23.6% | - |
| EBITDA growth | +14.6% | +20.4% | +12.0% | -7.5% | +45.1% | +24.0% | - |
| PBT growth | +14.4% | +21.1% | +16.0% | -0.9% | +49.8% | +19.9% | -2.7% |
| Net income growth | +14.9% | +28.0% | +15.7% | -1.9% | +47.0% | +21.2% | - |
| Revenue CAGR (3Y) | +15.4% | +7.6% | +12.2% | +16.0% | +19.3% | - | - |
| EBITDA CAGR (3Y) | +15.6% | +7.7% | +14.6% | +18.5% | +21.5% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +80.1% | +79.9% | +78.1% | +76.3% | +71.6% | +64.6% | +68.3% |
| Return on capital employed | +50.8% | +52.6% | +51.5% | +52.3% | +64.1% | +56.9% | +57.9% |
| Return on net worth | +39.4% | +40.7% | +39.6% | +40.7% | +50.2% | +45.0% | +46.4% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 | 0.02 |
| Long-term debt / equity | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 |
| Interest cover | 0.46 | 0.61 | 0.79 | 0.77 | 0.57 | 0.88 | 0.84 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.91 | 2.66 | 2.28 | 2.18 | 2.49 | 1.94 | 1.77 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 267.67 | 12.09 | 9.63 | 8.49 | 9.52 | 187.52 | 11.16 |
| EPS (βΉ) | 5.53 | 4.82 | 3.94 | 3.43 | 3.44 | 6.90 | 5.89 |
| Dividend per share (βΉ) | 3.50 | 3.00 | 2.50 | 1.00 | 2.00 | 4.00 | 2.50 |
| Book value per share (βΉ) | 15.10 | 12.56 | 10.75 | 8.81 | 7.69 | 17.28 | 12.74 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 165 | 156 | 172 | 144 | 152 | 140 | 141 | 131 |
| Revenue growth (YoY) | +8.4% | +11.4% | +21.9% | +9.6% | +9.3% | +13.3% | - | - |
| Other income | 41.77 | 44.92 | 22.11 | 37.42 | 34.49 | 42.52 | 30.98 | 28.55 |
| Total expenses | 25.49 | 25.77 | 24.68 | 23.56 | 20.24 | 26.09 | 19.31 | 18.48 |
| EBITDA | 140 | 130 | 148 | 120 | 132 | 114 | 122 | 113 |
| EBITDA margin | +84.6% | +83.5% | +85.7% | +83.6% | +86.7% | +81.4% | +86.3% | +85.9% |
| Depreciation | 6.14 | 6.01 | 6.12 | 6.04 | 5.69 | 5.43 | 5.26 | 5.39 |
| Interest | 0.68 | 0.77 | 0.65 | 0.52 | 0.53 | 0.58 | 0.61 | 0.67 |
| Profit before tax | 174 | 168 | 163 | 151 | 160 | 150 | 147 | 135 |
| Tax | 41.66 | 41.61 | 38.95 | 36.11 | 38.66 | 37.37 | 35.07 | 32.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 608 | 535 | 449 | 401 | 426 | 317 | 257 |
| Revenue growth | +13.6% | +19.2% | +12.1% | -5.8% | +34.2% | +23.4% | - |
| Other income | 137 | 119 | 102 | 73.21 | 52.33 | 40.27 | 40.12 |
| Total expenses | 94.56 | 80.26 | 70.65 | 64.36 | 59.97 | 57.69 | 52.57 |
| Employee cost | 48.14 | 44.97 | 38.23 | 34.65 | 37.18 | 38.98 | 32.53 |
| EBITDA | 514 | 455 | 378 | 336 | 366 | 259 | 204 |
| EBITDA margin | +84.5% | +85.0% | +84.3% | +83.9% | +85.9% | +81.8% | +79.6% |
| Depreciation | 23.28 | 21.20 | 20.44 | 18.59 | 16.32 | 15.86 | 15.24 |
| Interest | 2.28 | 2.62 | 2.83 | 2.46 | 1.97 | 2.05 | 1.57 |
| Profit before tax | 625 | 550 | 457 | 389 | 400 | 282 | 228 |
| Tax | 151 | 136 | 115 | 95.96 | 97.09 | 68.31 | 49.87 |
| Net profit | 474 | 415 | 342 | 277 | 294 | 209 | 168 |
| Net profit margin | +77.9% | +77.5% | +76.0% | +69.0% | +69.0% | +65.8% | +65.4% |
| EPS (βΉ) | 5.32 | 4.65 | 3.83 | 3.29 | 3.37 | 7.15 | 5.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 89.09 | 89.09 | 89.09 | 89.09 | 89.78 | 29.85 | 29.83 |
| Reserves & surplus | 1,199 | 991 | 845 | 681 | 599 | 491 | 352 |
| Shareholders' funds (net worth) | 1,307 | 1,098 | 948 | 784 | 702 | 531 | 390 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 11.16 | 6.15 | 10.36 | 14.10 | 10.01 | 11.73 | 13.91 |
| Total debt | 11.16 | 6.15 | 10.36 | 14.10 | 10.01 | 11.73 | 13.91 |
| Total liabilities | 1,335 | 1,121 | 972 | 810 | 721 | 551 | 412 |
| Assets | |||||||
| Gross block | 220 | 202 | 201 | 193 | 175 | 164 | 157 |
| Net block | 96.63 | 86.74 | 101 | 110 | 110 | 115 | 119 |
| Capital work in progress | 5.30 | 4.13 | 2.99 | 3.79 | 4.88 | 6.48 | 0.99 |
| Investments | 1,936 | 1,597 | 1,310 | 1,204 | 1,247 | 710 | 514 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 1.22 | 2.01 | 0.79 | 7.03 | 87.37 | 3.20 | 0.19 |
| Cash & bank balances | 104 | 113 | 185 | 64.49 | 233 | 77.37 | 27.26 |
| Loans & advances | 225 | 289 | 133 | 10.51 | 11.21 | 10.66 | 4.10 |
| Total current assets | 331 | 404 | 319 | 82.03 | 331 | 91.23 | 31.55 |
| Total current liabilities | 1,013 | 1,002 | 747 | 607 | 952 | 349 | 232 |
| Net working capital | (682) | (598) | (427) | (525) | (620) | (258) | (200) |
| Total assets | 1,335 | 1,121 | 972 | 810 | 721 | 551 | 412 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 107 | 148 | 56.90 | 224 | 45.23 | 12.48 | 50.82 |
| Net cash from operating activities | 425 | 430 | 300 | (22.49) | 788 | 304 | 128 |
| Net cash from investing activities | (223) | (199) | (26.16) | 70.01 | (473) | (194) | (4.76) |
| Net cash from financing activities | (272) | (272) | (183) | (215) | (136) | (77.12) | (161) |
| Net change in cash | (70.12) | (41.17) | 90.90 | (167) | 179 | 32.75 | (38.34) |
| Closing cash | 104 | 113 | 185 | 64.49 | 233 | 77.37 | 27.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.6% | +19.2% | +12.1% | -5.8% | +34.2% | +23.4% | - |
| EBITDA growth | +12.9% | +20.2% | +12.5% | -8.0% | +40.9% | +26.9% | - |
| PBT growth | +13.6% | +20.4% | +17.6% | -2.8% | +41.8% | +23.7% | -1.7% |
| Net income growth | +14.3% | +21.4% | +23.4% | -5.8% | +40.8% | +24.1% | - |
| Revenue CAGR (3Y) | +14.9% | +8.0% | +12.3% | +16.0% | +18.8% | +11.2% | +9.0% |
| EBITDA CAGR (3Y) | +15.2% | +7.6% | +13.4% | +18.1% | +21.7% | +12.0% | +12.5% |
| Profitability & leverage | |||||||
| Net income margin | +77.9% | +77.5% | +76.0% | +73.0% | +71.1% | +67.3% | +69.2% |
| Return on capital employed | +51.1% | +52.9% | +51.6% | +51.1% | +63.1% | +58.9% | +58.2% |
| Return on net worth | +39.4% | +40.5% | +39.4% | +39.4% | +49.1% | +46.3% | +46.8% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 | 0.02 |
| Long-term debt / equity | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 |
| Interest cover | 0.46 | 0.60 | 0.79 | 0.77 | 0.56 | 0.84 | 0.83 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.88 | 2.65 | 2.28 | 2.18 | 2.51 | 1.98 | 1.77 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 376.71 | 382.41 | 114.87 | 8.49 | 9.40 | 187.09 | 11.16 |
| EPS (βΉ) | 5.32 | 4.65 | 3.83 | 3.29 | 3.37 | 7.15 | 5.96 |
| Dividend per share (βΉ) | 3.50 | 3.00 | 2.50 | 1.00 | 2.50 | 4.00 | 2.50 |
| Book value per share (βΉ) | 14.46 | 12.12 | 10.48 | 8.64 | 7.68 | 17.46 | 12.81 |
Timeline of Indian Energy Exchange
4 dated milestones of Indian Energy Exchange across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Indian Energy Exchange is founded.
- Funding First funding round of $15.3M.
- Funding Latest funding round, Series A,.
- IPO Lists on the stock exchange (IPO).
Competitors of Indian Energy Exchange
Indian Energy Exchange has 3 listed competitors in our database, 1 of them funded. They include MCX, AROMA ENTERPRISES and Janus Corporation.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mcxindia.com | 2003 | Mumbai, India | $55M | 383 | Commodity trading is facilitated by MCX in India. | |
| aromaenterprises.in | 1994 | Ahmedabad, India | 163 | Core enterprise activities are managed in Ahmedabad, India since 1994. | ||
| januscorporation.in | 1998 | Mumbai, India | Global provider of trading and broking services for ferrous and non-ferrous metals and minerals |
Detailed competitors of Indian Energy Exchange
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Web traffic of Indian Energy Exchange
The website of Indian Energy Exchange (iexindia.com) receives about 63K visits a month.
- Monthly visits63K
▲ 69.3% vs previous month
Websites whose visitors overlap most with Indian Energy Exchange. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| iex.io | 100% | 30.5K | #1,150,917 | View details | |
one.iex.nl | one.iex.nl | 100% | β | ||
thehindubusinessline.com | thehindubusinessline.com | 100% | #21,087 | β | |
| iexexchange.io | 96% | 24K | #1,206,286 | View details | |
iextrading.com | iextrading.com | 91% | #1,729,781 | β | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 24 similar websites and full traffic analytics for Indian Energy Exchange
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- 24 similar websites
- Audience overlap
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Top companies in Financial Exchanges
2 companies that operate in the same segment as Indian Energy Exchange (Financial Exchanges) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Equities and securities are traded on India's oldest stock exchange. | 1875 | Mumbai, Maharashtra, India | USD 42.77 M | USD 544.53 M | 20 | |
Stock exchange services including equities and derivatives are offered. | 1992 | Mumbai, Maharashtra, India | USD 483.36 M | USD 1.99 B | 710 |
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Related news about Indian Energy Exchange
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Frequently Asked Questions about Indian Energy Exchange
Indian Energy Exchange was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Indian Energy Exchange is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Satyanarayan Goel is the CEO of Indian Energy Exchange, as recorded in our data.
Indian Energy Exchange is a funded company, having raised a total of $30.02M across 3 funding rounds to date. The company's 1st funding round was a Series A of $15.34M, raised on Dec 2010.
Indian Energy Exchange has 179 employees.
The primary company behind Indian Energy Exchange, Indian Energy Exchange Limited, reported revenue of βΉ767 Cr for FY 2026, up 15% year on year.
The Indian Energy Exchange was established in 2007 in Delhi, India, within the energy sector. A de-mutualized and automated platform is operated for the physical delivery of electricity, enabling price discovery and risk management for market participants. Open access is granted to consumers for managing power portfolios on the exchange.
Indian Energy Exchange's top competitors include MCX, AROMA ENTERPRISES and Janus Corporation.
Indian Energy Exchange offers Day-Ahead Market, Real Time Market, IEX Mobile Application, and Membership Services.
Yes, Indian Energy Exchange is publicly traded on NSE under the ticker symbol IEX.
Indian Energy Exchange has 4 investors. Key investors include Bessemer Venture Partners, WestBridge Capital, Lightspeed India, and Motilal Oswal Alternates.
Indian Energy Exchange operates through Indian Energy Exchange Limited.

