Indian Energy Exchange Limited — PPTs, 23-01-2025: Investor Presentation

**Investor Presentation Summary:**

1. **Financial Highlights:** IEX reported a consolidated revenue of ₹160.5 crore for Q3 FY25, up 13.7% year-on-year. The consolidated Profit After Tax (PAT) for Q3 FY25 reached ₹107.3 crore, reflecting a 16.9% increase year-on-year. For the nine months ending December FY25, consolidated PAT stood at ₹312.1 crore, up 22.8% from the previous year.

2. **Strategic Initiatives and Growth Drivers:** IEX is strategically positioned as India’s premier technology-led electricity marketplace. The energy transition is driving demand for renewables, supported by decreasing costs and regulatory frameworks aimed at facilitating energy efficiency. IEX continues to enhance market offerings, leveraging customer-centric technology to boost trading volume and operational efficiency.

3. **Business Developments:** A significant increase in electricity volumes is evident, with Q3 FY25 trading at 30.5 billion units, a 15.9% year-on-year growth. In renewables, IEX traded 26.52 lakh RECs, marking a 31% increase. The Indian Gas Exchange (IGX) also showed robust performance, trading 162 lakh MMBtu, a 93% growth compared to Q3 FY24.

4. **Market Position and Competitive Advantage:** IEX maintains a strong market share with 85% in traded volume. The exchange’s efficient price discovery mechanism, coupled with its robust technological infrastructure, positions it as a leader in the evolving power market landscape.

5. **Investor Implications:** Given the solid performance and strategic initiatives, there’s a positive outlook for IEX. The growth in electricity volumes and the imminent trading of Carbon Credit Certificates indicate substantial opportunities in both electricity and gas markets, reinforcing IEX’s potential for sustainable growth. Investors should watch for ongoing developments in renewables and gas markets as key growth drivers.