| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 167 | 154 | +8.6% |
| EBITDA | 141 | 133 | +5.9% |
| EBITDA margin | 84.6% | 86.7% | −2.1 pts |
| Profit before tax | 170 | 157 | +8.8% |
| Net profit | 139 | 123 | +12.9% |
| EPS | ₹1.56 | ₹1.39 | +12.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 9,150 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1,884 | 1,737 | 1,285 | 1,010 | 747 | ||
| 7,267 | — | — | — | — | ||
| 645 | 616 | 537 | 449 | 401 | ||
| — | +14.6% | +19.6% | +12.0% | — | ||
| 544 | 520 | 454 | 377 | 336 | ||
| 84.3% | 84.5% | 84.4% | 83.9% | 83.9% | ||
| 519 | 497 | 432 | 356 | 318 | ||
| 523 | 493 | 429 | 351 | 306 | ||
| 81.1% | 80.1% | 79.9% | 78.1% | 76.3% | ||
| ₹5.87 | ₹5.53 | ₹4.82 | ₹3.94 | ₹3.43 | ||
| — | +14.9% | +22.3% | +14.7% | — | ||
| — | 433 | 427 | 298 | −22.6 | ||
| — | −14.8 | −7.9 | −15.3 | −8.7 | ||
| 418 | 418 | 419 | 283 | −31.4 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 9,150.4 | |
| - Cash, Equiv & ST Investments | 746.5 | 1,010.4 | 1,284.6 | 1,737.1 | 1,883.8 | |
| Enterprise Value | — | — | — | — | 7,266.6 | |
| Revenue | 400.9 | 449.2 | 537.3 | 615.6 | 644.9 | |
| Growth %, YoY | — | +12.0 | +19.6 | +14.6 | — | |
| EBITDA | 336.4 | 376.9 | 453.7 | 520.1 | 543.5 | |
| Margin % | 83.91 | 83.90 | 84.44 | 84.47 | 84.28 | |
| EBIT | 317.8 | 356.4 | 432.4 | 496.7 | 519.2 | |
| Net Income | 305.9 | 350.8 | 429.2 | 492.9 | 522.9 | |
| Margin % | 76.31 | 78.10 | 79.88 | 80.07 | 81.07 | |
| EPS, Adj (current shares) | 3.43 | 3.94 | 4.82 | 5.53 | 5.87 | |
| Growth %, YoY | — | +14.7 | +22.3 | +14.9 | — | |
| Cash from Operations | -22.6 | 298.5 | 427.3 | 432.8 | — | |
| Capital Expenditures | -8.7 | -15.3 | -7.9 | -14.8 | — | |
| Free Cash Flow | -31.4 | 283.2 | 419.4 | 418.0 | 418.0 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Indian Energy Exchange (NSE: IEX) had a market capitalisation of ₹9,386 crore at the 29 October 2026 close (₹105.35 a share), a PE ratio of 18.0 on the last four quarters' profit and a price-to-book ratio of 6.43. In FY26 its consolidated net profit was ₹493 crore on revenue of ₹616 crore; in Q2 FY27 (July–September 2026) it was ₹139 crore, up 12.9% year on year. It had no borrowings on 30 September 2026.
IEX's PE ratio is 18.0 at the 29 October 2026 close (₹105.35 a share): a market capitalisation of ₹9,386 crore divided by consolidated net profit of ₹523 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹493 crore) it is 19.0.
IEX's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,460 crore on 30 September 2026, up 17.0% from ₹1,248 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹9,386 crore at the 29 October 2026 close.
IEX's book value per share was ₹16.39 on 30 September 2026: shareholders' equity of ₹1,460 crore divided by the 89.09 crore shares in issue, up 17.0% from ₹14.01 a year earlier. The share price at the 29 October 2026 close was ₹105.35.
IEX's price-to-book (PB) ratio is 6.43 at the 29 October 2026 close: a market capitalisation of ₹9,386 crore divided by shareholders' equity (book value) of ₹1,460 crore on 30 September 2026. That is a book value of ₹16.39 per share against a share price of ₹105.35.
In FY26, IEX's return on equity (ROE) was 39.4% and its return on capital employed (ROCE) was 38.1%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 40.7% and ROCE 39.1%.
IEX's dividend yield is 3.32% at the 29 October 2026 close: dividends of ₹3.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹105.35. They were ₹2 on 15 May 2026 and ₹1.50 on 4 February 2026 (interim).
IEX's market capitalisation was ₹9,386 crore at the 29 October 2026 close: 89.09 crore shares at ₹105.35 each.
Yes. IEX had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹1,943 crore of cash, bank balances and current investments.
IEX's debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹1,460 crore. A year earlier, on 30 September 2025, it was 0.00.
IEX's basic earnings per share (EPS) were ₹5.54 in FY26, against ₹4.83 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹5.87.
In 2026, IEX has declared two dividends totalling ₹3.50 a share: ₹1.50 (interim) with record date 4 February 2026 and ₹2 with record date 15 May 2026.
IEX has no promoter group: on 30 September 2026 promoters held 0% of its shares, according to the shareholding pattern filed with NSE. Foreign portfolio investors held 12.02% and domestic institutions 31.79%.
On 30 September 2026, IEX's shares were held by foreign portfolio investors (FII/FPI) 12.02%, domestic institutions (DII) 31.79% (including mutual funds at 24.47%) and retail and other non-institutional investors 55.92%. Over the year, FII holding was down 1.17 percentage points from 13.19% and DII holding was down 4.64 percentage points from 36.43%.
In FY26, IEX generated ₹433 crore of cash from operations and spent ₹14.8 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹418 crore. In FY25 it was ₹419 crore.
On FY26 consolidated figures, against MCX, BSE and Home First Finance Company India: IEX's return on equity of 39.4% is the third highest of the four (MCX 43.4%, BSE 45.0%, Home First Finance Company India 15.7%; peer average 34.7%).
IEX's latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit ₹139 crore, up 12.9% from ₹123 crore in Q2 FY26; revenue from operations ₹167 crore, up 8.6% year on year.
In FY26 (April 2025–March 2026), IEX's consolidated net profit was ₹493 crore, up 14.9% from ₹429 crore in FY25, on revenue from operations of ₹616 crore (up 14.6%). Over three years, from FY23, net profit was up 61.1%.
IEX has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26, IEX earned net profit of ₹493 crore on revenue of ₹616 crore, against ₹1,029 crore on ₹2,154 crore for MCX. IEX's operating margin was 80.7% (MCX 57.9%) and its return on equity 39.4% (MCX 43.4%).
From Indian Energy Exchange's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.