Is Indian Energy Exchange a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Indian Energy Exchange Ltd is a good quality company .

Is Indian Energy Exchange undervalued or overvalued?

The key valuation ratios of Indian Energy Exchange Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Indian Energy Exchange share price return in the past 10 years?

Data is not available for this company

Is Indian Energy Exchange a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Indian Energy Exchange Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Indian Energy Exchange?

The latest standalone P/E ratio of Indian Energy Exchange as of 22-Nov-2024 is 37.67.

What is the P/B ratio of Indian Energy Exchange?

The latest standalone P/B ratio of Indian Energy Exchange as of 22-Nov-2024 is 14.25.

Indian Energy Exchange Ltd - Stock Valuation and Financial Performance

Name: Indian Energy Exchange
Brand: Indian Energy Exchange

BSE: 540750 | NSE: IEX | Power Generation/Distribution | Small Cap

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Indian Energy Exch Share Price

₹163.15 1.90 1.18%
as on 22-Nov'24 16:59

10 Year X-Ray of Indian Energy Exch:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	60.7%	74.4%	73.2%	71.3%	71.1%	60.3%	61.6%	65.1%	52.6%	53.1%	-
Value Creation Index ⓘ	3.5	4.5	4.4	4.1	4.1	3.5	3.6	3.8	2.9	2.9	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	145	175	199	230	254	257	317	426	401	449	499
Sales YoY Gr.	-	20.9%	13.5%	16%	10.3%	1.2%	23.4%	34.2%	-5.8%	12.1%	-
Adj EPS ⓘ	1	1.2	1.1	1.3	1.7	1.9	2.3	3.3	3.1	3.7	4.3
YoY Gr.	-	18.4%	-1.7%	17.5%	26.1%	11.8%	23.3%	40.8%	-4.9%	18%	-
BVPS (₹) ⓘ	2.4	2.3	3.2	3.1	4	4.3	5.8	7.7	8.6	10.5	11.4
Adj Net Profit ⓘ	80.1	100	98.1	121	153	169	209	294	278	327	384
Cash Flow from Ops. ⓘ	91.9	88.6	206	131	138	128	304	788	-22.5	300	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	13.4%	12.1%	12.3%	12.1%
Adj EPS ⓘ	15.8%	16.8%	16.5%	18%
BVPSⓘ	18%	21.1%	21.7%	21.4%
Share Price	-	27.2%	-14.8%	12.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	36.8	50.7	41.2	43.2	46.8	44.5	45.4	47.7	37.4	37.8	39.5
Op. Profit Mgn % ⓘ	71.9	71.5	72.2	80.2	79.8	79.6	81.8	85.9	84	84.3	85.1
Net Profit Mgn % ⓘ	55.4	57.2	49.4	52.6	60.3	65.8	65.9	69.2	69.3	72.9	77
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	405	408	438	489	291	41	15	51	71	84	403
Cash Conv. Cycle ⓘ	-690	-871	-2,011	-1,262	-1,009	-708	-741	-2,539	-3,304	-2,769	161

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.30%

Net Profit is growing at healthy rate in last 3 years 16.46%

Sales growth is good in last 4 quarters at 18.84%

Return on Equity has declined versus last 3 years average to 39.50%

Latest Financials - Indian Energy Exchange Ltd.

	Standalone	Consolidated
TTM EPS (₹)	4.3	4.4
TTM Sales (₹ Cr.)	499	500
BVPS (₹.) ⓘ	11.4	11.7
Reserves (₹ Cr.) ⓘ	926	955
P/BV ⓘ	14.25	13.85
PE ⓘ	37.67	36.78

From the Market
52 Week Low / High (₹)	129.15 / 244.35
All Time Low / High (₹)	37.02 / 318.72
Market Cap (₹ Cr.)	14,463
Equity (₹ Cr.)	89.2
Face Value (₹)	1
Industry PE ⓘ	26.2

Management X-Ray of Indian Energy Exch:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Indian Energy Exch

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Indian Energy Exch

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	145	175	199	230	254	257	317	426	401	449
Operating Expenses ⓘ	41	50	55	46	51	53	58	60	64	71
Manufacturing Costs	1	1	1	1	1	1	1	1	1	1
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	10	12	15	24	25	33	39	37	35	38
Other Costs ⓘ	30	37	39	20	25	19	18	22	29	31
Operating Profit ⓘ	104	125	143	185	203	204	259	366	336	378
Operating Profit Margin (%)	71.9%	71.5%	72.2%	80.2%	79.8%	79.6%	81.8%	85.9%	83.9%	84.3%
Other Income ⓘ	32	25	34	26	40	40	40	52	73	102
Interest ⓘ	0	0	0	0	1	2	2	2	2	3
Depreciation ⓘ	3	3	3	10	10	15	16	16	19	20
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	133	147	174	200	232	228	282	400	389	457
Tax ⓘ	42	46	60	68	67	50	68	97	96	115
Profit After Tax	90	100	114	132	165	178	213	303	293	341
PAT Margin (%)	62.5%	57.2%	57.2%	57.1%	65.0%	69.2%	67.3%	71.1%	73.0%	76.0%
Adjusted EPS (₹)	1.0	1.1	1.3	1.5	1.8	2.0	2.4	3.4	3.3	3.8
Dividend Payout Ratio (%)	128%	81%	115%	50%	0%	42%	56%	59%	30%	65%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	197	198	278	284	363	381	520	688	768	932
Share Capital ⓘ	30	30	30	30	30	30	30	90	89	89
Reserves ⓘ	166	168	248	253	333	352	490	598	679	843
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	35	59	172	85	134	76	165	635	402	563
Others Liabilities ⓘ	298	336	334	489	208	211	243	372	268	255
Total Liabilities ⓘ	529	593	784	857	706	668	927	1,695	1,439	1,749
Fixed Assets
Gross Block	23	24	12	132	134	157	164	175	193	201
Accumulated Depreciation	9	12	3	13	23	38	49	65	83	101
Net Fixed Assetsⓘ	14	11	8	119	111	119	115	110	110	101
CWIP ⓘ	0	0	1	1	1	1	6	5	4	3
Investmentsⓘ	254	276	383	268	475	514	710	1,247	1,204	1,310
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	0	1	0	0	46	0	3	87	7	86
Cash Equivalents	83	91	128	114	68	27	77	233	64	185
Others Assetsⓘ	177	213	263	355	5	7	15	13	49	64
Total Assets ⓘ	529	593	784	857	706	668	927	1,695	1,439	1,749

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	92	89	206	131	138	128	304	788	-22	300
PBT ⓘ	133	147	174	200	232	228	282	400	389	457
Adjustment ⓘ	-28	-21	-30	-15	-28	-22	-18	-30	-49	-77
Changes in Working Capital ⓘ	29	9	123	-2	-5	-29	105	521	-269	26
Tax Paid ⓘ	-42	-46	-61	-52	-60	-49	-65	-103	-93	-106
Cash Flow From Investing Activity ⓘ	24	-23	-21	-33	-62	-5	-194	-473	70	-26
Capex	-6	-2	-1	-120	-4	-5	-16	-11	-9	-13
Net Investments	18	-49	-35	83	-66	-1	-180	-472	71	-36
Others ⓘ	12	28	15	4	8	2	2	10	8	23
Cash Flow From Financing Activityⓘ	-106	-70	-109	-126	-78	-161	-77	-136	-215	-183
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	2	2	1	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	-1	-2	-2	-1	-1
Dividend Paid ⓘ	-65	-58	-90	-105	-66	-75	-75	-135	-90	-178
Others ⓘ	-40	-12	-19	-21	-12	-85	-3	-2	-125	-4
Net Cash Flow ⓘ	10	-4	76	-29	-2	-38	33	179	-167	91

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	42.13	51.32	48	47.02	51.01	47.77	47.37	50.1	40.21	40.17
ROCE (%)	60.66	74.42	73.16	71.26	71.1	60.32	61.6	65.12	52.62	53.06
Asset Turnover Ratio	0.3	0.31	0.29	0.28	0.33	0.37	0.4	0.32	0.26	0.28
PAT to CFO Conversion(x)	1.02	0.89	1.81	0.99	0.84	0.72	1.43	2.6	-0.08	0.88
Working Capital Days
Receivable Days	1	1	1	0	33	33	2	39	43	38
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

Indian Energy Exchange Ltd Stock News

Indian Energy Exchange Ltd FAQs

What is the share price of Indian Energy Exch?

Company share prices are keep on changing according to the market conditions. The closing price of Indian Energy Exch on 22-Nov-2024 16:59 is ₹163.2.

What is the market cap of Indian Energy Exch?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2024 16:59 the market cap of Indian Energy Exch stood at ₹14,463.3.

What is the P/E ratio of Indian Energy Exch?

The latest P/E ratio of Indian Energy Exch as of 22-Nov-2024 16:59 is 37.67.

What is the P/B ratio of Indian Energy Exch?

The latest P/B ratio of Indian Energy Exch as of 22-Nov-2024 16:59 is 14.25.

What is the 52-week high and low of Indian Energy Exch?

The 52-week high of Indian Energy Exch is ₹244.3 and the 52-week low is ₹129.2.

What is the TTM revenue of Indian Energy Exch?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indian Energy Exch is ₹499.4 ( Cr.) .

About Indian Energy Exchange Ltd

Indian Energy Exchange Limited (IEX) is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity, Renewable Energy Certificates and Energy Saving Certificates. The exchange platform enables efficient price discovery and increases the accessibility and transparency of the power market in India while also enhancing the speed and efficiency of trade execution.

The Exchange is a publicly listed company with NSE and BSE. IEX is approved and regulated by Central Electricity Regulatory Commission (CERC) and has been operating since June 27, 2008. In August 2016, IEX received three ISO Certifications - ISO 9001:2015 for quality management, ISO 27001:2013 for Information security management and ISO 14001:2015 for environment management.

Business area of the company

The IEX is a Power Exchange, licensed by the Central Electricity Regulatory Commission (CERC) for spot trading in power / electricity and trading of Renewal Energy Certificate (REC) and Energy Saving Certificates (ESCerts). The main activity of the company is to provide an automated platform and infrastructure for carrying out t trading in electricity units for physical delivery of electricity.

Product Segments

Day-Ahead Market (DAM)
Term-Ahead Market (TAM)
Renewable Energy Certificates (REC)
Energy Saving Certificates (ESCerts)
Real Time Market
Green Term-Ahead Market

Awards and accolades

IEX is respected as an industry leader and statesman, reflected in growing recognition.
Best E-Enabled Consumer Platform -2009 Council of Power Utilities
Best Performing Power Trading Company/ Exchange -2012, 2013 Power line
Best Power Exchange in India - 2012, 2013 and 2014 Enertia Foundation
Innovators in Product and Technology - 2013 Inc. India
Exchange of the Year - 2014 Power Business View
Best Power Exchange -2014 India Power Award (Council of Power Utilities)
Leaders in Power Market Development - 2015 Council of Power Utilities
Best IPO Award (Midcap Category) - 2018 Investor Relations Society (Partnered with BNY Mellon & Bloomberg)
Best CFO Award in 100- 500 turnover category - 2018 The Financial Express
Best Power Exchange in India- First view intelligence award in 2019