Indian Energy Exchange Limited Share Price and Company Fundamentals



Price
₹148
Change
0.150 (0.101%)
52 week
133.85 - 303.8

Last traded: Yesterday at 10:00 AM

Indian Energy Exchange Limited operates a power trading platform. It enables trading and price discovery of electricity and related products with risk management for participants of the electricity market. The company's products include Day-Ahead Market, a physical electricity trading market for deliveries for any/some/all 15 minute time blocks in 24 hours of next day starting from midnight; Term-Ahead-Market that provides a range of products allowing participants to buy/sell electricity on intra-day, day-ahead contingency, and term ahead contracts; Real-Time Market, an auction session every half an hour with power to be delivered after 4 time blocks or an hour after gate closure of the auction; Renewable Energy Certificates to ease the purchase of renewable energy by the state utilities and obligated entities; Green Day-Ahead Market, a double-sided closed collective auction in renewable energy on a day-ahead basis; Cross-Border Electricity Trade, an endeavour towards building an integrated South Asian Power Market; and Energy Saving Certificates, a market-based instrument designed for the consumers in energy industries, such as aluminum, cement, thermal Power plant, distribution, utilities, refineries, railways, fertilizer, and iron and steel etc. Indian Energy Exchange Limited was incorporated in 2007 and is based in New Delhi, India.

Key Metrics

PE ratio

14.53

PB ratio

17.89

Dividend yield

0.68%

Beta

0.60

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Capital Markets / Financial Services
Full time employees 159
Website https://www.iexindia.com
Mailing address Plot No. C-001/A/A 9th Floor Max Towers, Sector 16B Gautam Buddha Nagar Noida 201301 India
Phone / Fax 91 11 3044 6511 / 91 12 0464 8115

Dividends

Dividend yield

0.68%

Dividend amount

₹1.00

Payout ratio

19.32%

Indian Energy Exchange Limited paid ₹1.00 dividend and the ex-dividend date was 11 Aug 2022.The dividend payout ratio is 19.32%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.IEX dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

IEX's forward dividend amount is ₹2 and the forward dividend yield is 1.35%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Indian Energy Exchange Limited.

Name Title Age Total Pay
Mr. Satyanarayan N. Goel MD, CEO & Chairman 67 36.37M
Mr. Vineet Harlalka A.C.A. A.C.S. CFO, Compliance Officer & Company Sec. 46
Mr. Sangh Suman Gautam Chief Technology Officer 44
Mr. Samir Prakash Head of HR & Admin. 51
Ms. Shruti Bhatia Head of Corp. Communications & CSR 47
Mr. Indranil Chatterjee Head of Risk, Alliances & Strategic Diversification 44
Mr. Rohit Bajaj Head of Bus. Devel., Regulatory Affairs & Strategy 49
Mr. Amit Kumar Head of Market Operations & New Product Initiatives 43
Jogendra Behera VP & Chief Risk Officer 44
Ravi Kiran Kuchi VP of Bus. Devel. 38

Profitability and management effectiveness

Profit margin

63.58%

Operating margin

82.20%

Return on assets

20.24%

Return on equity

44.00%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Indian Energy Exchange Limited is and its enterprise value is .

The IEX's stocks Beta value is 0.60 making it 40% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Indian Energy Exchange Limited (NSE:IEX) Frequently Asked Questions

1. What is Indian Energy Exchange Limited's Stock Symbol?

Indian Energy Exchange Limited trades on NSE under the ticker symbol "IEX".

2. What is Indian Energy Exchange Limited's stock price today?

One share of IEX stock can currently be purchased for approximately ₹148.

3. How can I contact Indian Energy Exchange Limited?

Indian Energy Exchange Limited's mailing address is Plot No. C-001/A/A 9th Floor Max Towers, Sector 16B Gautam Buddha Nagar Noida 201301 India. The company can be reached via phone at 91 11 3044 6511.

4. What is Indian Energy Exchange Limited's official website?

The official website of Indian Energy Exchange Limited is https://www.iexindia.com.