Indian Energy Exchange Limited — PPTs, 29-01-2026: Investor Presentation

IEX delivered strong Q3 and 9M FY26 results. Nine-month consolidated revenue hit 495.2 Cr, with profit (PAT) reaching 363.1 Cr. Q3 saw 183.1 Cr revenue and 119.1 Cr PAT. Electricity volumes jumped 14.3% YoY in 9M FY26 to 101.7 BU, fueled by 40% growth in Real-Time Market (RTM). Renewable Energy Certificates (RECs) traded 1.15 Cr units. Market prices remained stable due to a 43% surge in sell-side liquidity.

Key drivers are India’s surging power consumption, boosted by high GDP growth and electrification. The shift to renewables, coupled with new market designs like Firm Dispatchable RE (FDRE) and Battery Energy Storage Systems (BESS), presents big opportunities. Upcoming products like an expanded Term-Ahead Market (TAM) and Green RTM will also drive growth.

IEX recently enabled India’s first merchant BESS trades. Diversification efforts are strong: its Indian Gas Exchange (IGX) saw 9M FY26 volumes almost match full FY25. Plans are also advancing for India's first coal exchange by FY26-27. Management anticipates continued strong volume growth, supported by these initiatives. IGX aims to significantly boost its market share in gas consumption to 4-5% by 2030.