as of —
₹—
Change
—
Day Open
₹—
Day High
₹—
Day Low
₹—
NSE Close — 25 Sep 2026
₹112.7
Change
+1.5 (1.35%)
Open
₹111.38
Prev. Close
₹111.2
Day High
₹112.9
Day Low
₹110.89
Volume Analysis
Traded
2,079,348
Delivered
882,789
Delivery %
42.46%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (2)
- •Strong return on equity (39.4%)
- •Strong operating margin (85.0%)
Weaknesses (1)
- •Trading within 3% of its 52-week low (₹110.0)
Opportunities (2)
- •Strong 3-year EPS growth (17.3%)
- •Strong 3-year revenue growth (15.4%)
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹115.44 | ₹114.17 | ₹113.43 | ₹112.16 | ₹111.42 | ₹110.15 | ₹109.41 |
| Fibonacci | ₹114.17 | ₹113.4 | ₹112.93 | ₹112.16 | ₹111.39 | ₹110.92 | ₹110.15 |
| Camarilla | ₹113.25 | ₹113.07 | ₹112.88 | ₹112.16 | ₹112.52 | ₹112.33 | ₹112.15 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-15.51%
1 Week
-0.98%
1 Month
-7.47%
3 Months
-9.93%
6 Months
-6.04%
1 Year
-18.19%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹43.63
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
35.9%
Net margin 80.22% × asset turnover 0.25x × equity multiplier 1.79x
Company Overview
Sector
Financial Services
Market Cap
₹9,908 Cr
P/E (TTM)
19.5
ROE
39.4%
Book Value
₹15.3
Face Value
₹1.0
Source: Screener.in (Consolidated figures) — data as of 24 Sep 2026. Not investment advice.
TopFund Analysis
Indian Energy Exc Ltd holds up reasonably well on TopFund's composite fundamentals check within the Financial Services sector, at 68/100. The strongest factor is Business Quality (100/100), while Momentum (2/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (39.4%); strong operating margin (85.0%); trading within 3% of its 52-week low (₹110.0). FII holding has been falling.
TopFund Score — Fundamentals Quality
68/100 — GoodData confidence: 77/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- +Stock is providing a good dividend yield of 3.15%.
- +Company has delivered good profit growth of 19.6% CAGR over last 5 years
- +Company has a good return on equity (ROE) track record: 3 Years ROE 39.4%
- −Stock is trading at 7.27 times its book value
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Webcast link shared for IEX’s 20th AGM held on September 9, 2026.
IEX reported record August’26 power traded volume of 13.94 BU, up 20.2% YoY; RTM volume rose 10.6%.
IEX scheduled analyst/institutional meetings with Quantum Advisors on August 24 and Ten Core Partners on August 26, 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 104 | 109 | 115 | 121 | 124 | 139 | 132 | 142 | 142 | 154 | 146 | 174 | 158 |
| Expenses + | 22 | 17 | 17 | 17 | 24 | 20 | 19 | 21 | 26 | 20 | 24 | 25 | 27 |
| Operating Profit | 82 | 92 | 99 | 105 | 99 | 120 | 113 | 121 | 115 | 133 | 122 | 149 | 131 |
| OPM % | 78.0% | 85.0% | 86.0% | 86.0% | 80.0% | 86.0% | 86.0% | 85.0% | 81.0% | 87.0% | 84.0% | 86.0% | 83.0% |
| Other Income + | 25 | 28 | 29 | 30 | 34 | 31 | 32 | 37 | 49 | 34 | 42 | 27 | 53 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
| Profit before tax | 101 | 114 | 122 | 129 | 128 | 145 | 139 | 152 | 158 | 161 | 157 | 169 | 177 |
| Tax % | 25.0% | 24.0% | 25.0% | 25.0% | 25.0% | 25.0% | 23.0% | 23.0% | 24.0% | 23.0% | 24.0% | 23.0% | 24.0% |
| Net Profit + | 76 | 86 | 92 | 97 | 96 | 108 | 107 | 117 | 121 | 123 | 119 | 130 | 135 |
| EPS in Rs | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 254 | 257 | 318 | 431 | 401 | 449 | 537 | 616 | 632 |
| Expenses + | 51 | 55 | 67 | 67 | 64 | 72 | 84 | 96 | 96 |
| Operating Profit | 203 | 202 | 251 | 364 | 336 | 377 | 454 | 520 | 536 |
| OPM % | 80.0% | 79.0% | 79.0% | 84.0% | 84.0% | 84.0% | 84.0% | 84.0% | 85.0% |
| Other Income + | 40 | 40 | 38 | 61 | 86 | 112 | 135 | 151 | 155 |
| Interest | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 2 |
| Depreciation | 10 | 15 | 17 | 17 | 19 | 20 | 21 | 23 | 24 |
| Profit before tax | 232 | 226 | 270 | 405 | 402 | 466 | 565 | 646 | 664 |
| Tax % | 29.0% | 22.0% | 24.0% | 24.0% | 24.0% | 25.0% | 24.0% | 24.0% | — |
| Net Profit + | 165 | 176 | 205 | 309 | 306 | 351 | 429 | 493 | 507 |
| EPS in Rs | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 6 | 6 |
| Dividend Payout % | 0.0% | 42.0% | 58.0% | 58.0% | 29.0% | 63.0% | 62.0% | 63.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Reserves | 340 | 358 | 496 | 614 | 710 | 883 | 1,047 | 1,275 |
| Borrowings + | 0 | 14 | 12 | 10 | 14 | 10 | 6 | 11 |
| Other Liabilities + | 335 | 265 | 444 | 983 | 640 | 791 | 1,054 | 1,060 |
| Total Liabilities | 706 | 667 | 982 | 1,696 | 1,453 | 1,774 | 2,196 | 2,436 |
| Fixed Assets + | 111 | 119 | 121 | 110 | 110 | 101 | 87 | 97 |
| CWIP | 1 | 4 | 7 | 5 | 4 | 4 | 4 | 5 |
| Investments | 475 | 509 | 713 | 1,248 | 1,219 | 1,331 | 1,633 | 1,993 |
| Other Assets + | 118 | 36 | 141 | 333 | 121 | 337 | 472 | 341 |
| Total Assets | 706 | 667 | 982 | 1,696 | 1,453 | 1,774 | 2,196 | 2,436 |
| Equity Capital | 30 | 30 | 30 | 90 | 89 | 89 | 89 | 89 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 138 | 126 | 306 | 762 | -23 | 298 | 427 | 433 |
| Cash from Investing Activity + | -62 | -3 | -196 | -448 | 70 | -24 | -196 | -231 |
| Cash from Financing Activity + | -78 | -161 | -77 | -136 | -215 | -183 | -272 | -272 |
| Net Cash Flow | -2 | -38 | 33 | 178 | -167 | 91 | -41 | -70 |
| CFO/OP | 98 | 87 | 148 | 238 | 21 | 107 | 123 | 114 |
| Free Cash Flow | 135 | 118 | 285 | 751 | -31 | 284 | 420 | 418 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Others | 0.28% | 0.28% | 0.28% | 0.28% | 0.28% | 0.28% | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% |
| Public | 62.98% | 60.01% | 61.57% | 56.82% | 52.59% | 50.72% | 49.47% | 47.07% | 50.11% | 53.37% | 55.31% | 55.63% |
| FII | 14.12% | 13.37% | 10.89% | 11.66% | 15.66% | 16.24% | 16.13% | 18.53% | 13.2% | 11.42% | 14.16% | 12.63% |
| DII | 22.61% | 26.34% | 27.24% | 31.24% | 31.48% | 32.78% | 34.15% | 34.12% | 36.43% | 34.95% | 30.26% | 31.47% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Financial Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Indian Energy Exc Ltd (this stock) | 9,908 | 19.5 | 7.25 | 39.4% |
| Sbfc Finance Limited | 9,855 | 28.5 | 3.02 | 11.6% |
| Aavas Financiers Limited | 9,963 | 20.3 | 2.63 | 13.9% |
| Tsf Investments Limited | 10,147 | 20.8 | 1.68 | 8.23% |
| IIFL Capital Services Ltd | 10,957 | 19.2 | 3.54 | 16.2% |
| Religare Enter. Ltd. | 8,352 | 169.0 | 2.77 | 3.18% |
| Uti Asset Mngmt Co Ltd | 11,592 | 21.7 | 2.58 | 10.3% |
Which Mutual Funds Hold Indian Energy Exc Ltd?
Frequently Asked Questions about Indian Energy Exc Ltd
Indian Energy Exc Ltd (IEX) closed at ₹112.7 on NSE on 25 September 2026, up 1.5 (1.35%) from the previous close.
Indian Energy Exc Ltd trades on the NSE (National Stock Exchange of India) under the symbol IEX.
Indian Energy Exc Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 19.5.
Indian Energy Exc Ltd has a dividend yield of 3.15%.
Indian Energy Exc Ltd's 52-week high is ₹160.0 and its 52-week low is ₹110.0.
Indian Energy Exc Ltd has a market capitalisation of ₹9,908 crore.
Indian Energy Exc Ltd has a TopFund Quality Score of 68/100 (Good), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
What are other investors saying about Indian Energy Exc Ltd?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
Sign in to join the discussionNo comments yet — start the discussion.