Indian Energy Exchange Limited — PPTs, 24-07-2026: Investor Presentation

IEX Group delivered strong FY26 results with Consolidated PAT of ₹493 Cr (+12% YoY), fueled by its core power exchange (IEX PAT ₹474 Cr), Indian Gas Exchange (IGX PAT ₹42 Cr), and Indian Coal Exchange (ICX PAT ₹5 Cr). Electricity volumes reached 141 BU, with Real-Time Market (RTM) surging 41% YoY to comprise 34% of total power volumes.

Growth drivers include surging power demand (forecast 2,700 BU by FY32), Discoms optimizing procurement via exchanges (e.g., Telangana saved ₹700 Cr), and new market models like Battery Storage & FDRE tenders. New products like Green RTM are in the pipeline.

Recent highlights: Ministry of Coal finalized Coal Exchange Rules, creating a ~100 million tonne market opportunity. IGX filed for its IPO. IEX is challenging the market coupling order in the Supreme Court.

FY26 Operating Revenue grew 15% to ₹608 Cr, and Q1FY27 saw robust 11% revenue and 12% PAT growth.

Management sees India's power demand surging 1.5x by 2032, indicating massive headroom as IEX currently handles <10% of total volumes, driving both organic and inorganic expansion.