Indian Energy EXC Ltd

NSE: IEX · Capital Markets · sector

₹103.50NSE close 2026-10-26

Key numbers

Market cap₹9,221 cr

Price₹103.50

52w high / low₹160 / ₹103

P/E18.2xSector median 36.0x

P/B6.8xSector median 6.8x

Book value₹15.3

Dividend yield2.89%Sector median 0.90%

ROE40.5%Sector median 23.6%

ROCE–Sector median 23.0%

OPM84.8%Sector median 39.8%

Debt / equity–Sector median 0.00x

EV/EBITDA–Sector median 22.5x

Interest cover–

Current ratio–

Sales growth 3y+15.4%Sector median +21.8%

Profit growth 3y+17.2%Sector median +20.6%

PEG1.04x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 11 companies in Capital Markets (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹1,805 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY23).
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 26% of net profit in the last 12 months.
Dividend paid in 5 of the last 5 financial years.
Price ₹103.50 on 2026-10-26: -35.4% from the 52-week high, +0.7% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹239.37 · low ₹103.50

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	139	132	142	142	154	146	174	158
EBITDA	120	113	121	115	133	122	149	131
OPM %	86.0%	85.7%	85.3%	81.3%	86.7%	83.7%	85.7%	82.9%
Other income	28	28	32	42	29	37	22	45
Net profit	108	107	117	121	123	119	130	135
EPS (₹)	1.22	1.21	1.32	1.36	1.39	1.34	1.45	1.52
Revenue YoY					+10.4%	+10.3%	+22.5%	+11.4%
Profit YoY					+13.9%	+11.0%	+10.8%	+11.6%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	431	401	449	537	616	632
EBITDA	370	336	377	454	520	536
Net profit	309	306	351	429	493	507
EPS (₹)	3.45	3.42	3.94	4.83	5.54	5.70
Revenue growth		-7.0%	+12.0%	+19.6%	+14.6%	+13.7%
Profit growth		-1.1%	+14.7%	+22.3%	+14.9%	+11.8%
Dividend / share (₹)	2.50	1.00	2.00	3.00	3.00

Compounded growth	3 years	5 years	Last 12 months
Sales	+15.4%	+14.1%	+13.7%
Net profit	+17.2%	+19.1%	+11.8%
EPS	+17.4%	-4.3%	–
Share price	–	-25.7% (2y)	-25.8%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	799	972	1,136	1,365
Borrowings	–	0	0	0	0
Cash & equivalents	–	754	1,049	1,291	1,805
Total assets	–	1,453	1,774	2,197	2,436
Fixed assets	–	23	20	15	29
Capital work in progress	–	2	0	0	0
Investments	–	529	408	380	203
Receivables	–	7	86	3	2
Inventory	–	0	0	0	0
Payables	–	402	563	4	5

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	762	-23	298	427	433
Cash from investing	-448	70	-24	-196	-231
Cash from financing	-136	-215	-183	-272	-272
Capex	11	9	15	8	15
Free cash flow	751	-31	283	419	418

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	38.3%	36.1%	37.8%	36.1%

Shareholding

Holder	% (2026-09-30)
FIIs	12.02%
DIIs	31.79%
of which Mutual funds	24.47%
of which Insurance	5.61%
Government	0.00%
Public (non-institutions)	55.92%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Public holders above 1%	%
Parag Parikh Mutual Fund Under ITS Various Schemes	9.87%
DPVL Ventures LLP	7.02%
Life Insurance Corporation of India	3.99%
Dalmia Power Limited	3.74%
SBI Mutual Fund Under ITS Various Schemes	3.35%
ICICI Prudential Mutual Fund Under ITS Various Schemes	3.24%
Massachusetts Institute of Technology	2.48%

14,31,943 shareholders. Pledged: – of promoter shares.

Peers in Capital Markets

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
MCX	₹79,351 cr	65.0x	27.9x	65.2%	–	72.1%	+72.4%	0.19%
ANANDRATHI	₹37,027 cr	81.2x	28.9x	43.5%	–	35.5%	+27.9%	0.30%
CAMS	₹16,419 cr	33.1x	12.4x	40.6%	–	45.8%	+16.0%	1.85%
KFINTECH	₹14,327 cr	41.8x	8.6x	22.2%	–	38.0%	+21.8%	0.90%
NSDL	₹13,996 cr	36.0x	5.9x	16.4%	22.1%	25.2%	–	0.28%
PRUDENT	₹11,511 cr	48.7x	15.7x	37.5%	–	–	+34.5%	0.09%
IEX	₹9,221 cr	18.2x	6.8x	40.5%	–	84.8%	+15.4%	2.89%
CARERATING	₹4,750 cr	26.7x	5.1x	20.4%	26.3%	41.6%	+19.2%	1.22%
ICRA	₹4,336 cr	22.1x	3.7x	17.5%	23.0%	35.7%	+14.1%	1.36%
SODHACAP	₹52 cr	19.6x	5.2x	23.6%	31.8%	68.0%	–	–

All 11 companies in Capital Markets →

Dividends & corporate actions

Ex-date	Action	Detail
2026-05-15	Dividend	Dividend - Rs 2 Per Share
2026-02-04	Dividend	Interim Dividend - Rs 1.50 Per Share
2025-05-16	Dividend	Dividend - Rs 1.50 Per Share
2025-01-31	Dividend	Interim Dividend - Rs 1.50 Per Share
2024-07-29	Other	Annual General Meeting
2024-05-31	Dividend	Dividend - Rs 1.50 Per Share
2024-02-02	Dividend	Interim Dividend - Re 1 Per Share
2023-08-28	Other	Annual General Meeting
2023-07-28	Dividend	Dividend - Re 1 Per Share
2022-08-24	Other	Annual General Meeting
2022-08-11	Dividend	Dividend - Re 1 Per Share
2022-02-03	Dividend	Interim Dividend - Re 1 Per Share
2021-12-03	Bonus	Bonus 2:1
2021-08-25	Other	Annual General Meeting
2021-08-18	Dividend	Dividend - Rs 1.50 Per Share
2021-01-28	Dividend	Interim Dividend - Rs 2.50 Per Share
2020-08-20	Other	Annual General Meeting
2020-03-19	Dividend	Interim Dividend - Rs 2.50 Per Share
2019-09-09	Other	Annual General Meeting
2019-02-14	Buyback	Buy Back

Documents

Links go to the original files on the exchange website.

About the company

Financial and Insurance Activities: Other financial activities


Sector	Financial Services
Industry	Capital Markets
Sub-industry	Exchange and Data Platform
Symbol	IEX
BSE code	540750
ISIN	INE022Q01020
Face value	₹1.0
Incorporated	2007-03-26
Website	www.iexindia.com
Plants (India / abroad)	0 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.