Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Capital Markets

Indian Energy Exchange Limited provides automated trading platform for physical delivery of electricity, renewable energy, and certificates. The company's platform offers customers with digital registration, market data insights, financial reconciliation, user access management, and web-based bidding services. Its 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; Green Day-Ahead Market that allows anonymous and double-sided closed collective auction in renewable energy on a day-ahead basis; and Cross-Border Electricity Trade building an integrated South Asian Power Market; The Green-Term Ahead Market, a market solution for renewable energy trading which features contracts, including Green-Intraday, Green-Day-ahead Contingency, Green-Daily, and Green-Weekly. Indian Energy Exchange Limited was incorporated in 2007 and is based in Noida, India.

Revenue projections:

Revenue projections for IEX
Revenue projections for IEX

IEX's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 1.573000
forwardPE 29.523882
debtToEquity 0.542000
earningsGrowth 0.216000
revenueGrowth 0.170000
grossMargins 1.000000
operatingMargins 0.849900
trailingEps 4.830000
forwardEps 4.450000

IEX's current ratio being 1.573 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that IEX can meet its financial obligations with ease.
IEX's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
With positive earnings and revenue growth, IEX is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
IEX's positive gross and operating margins reflect its ability to generate profits from operations. These margins demonstrate efficient cost control and profitability, indicating strong financial health for the company.
IEX's forward EPS falling below its trailing EPS suggests the company is expected to be less profitable this year. This signals a potential decline in earnings, which may raise concerns about IEX's financial future.

Price projections:

Price projections for IEX
Price projections for IEX

Indian Energy Exchange Limited's price projections have consistently been revised higher, indicating growing confidence in the company's future potential. Analysts appear more optimistic about Indian Energy Exchange Limited's ability to generate strong results going forward.

Recommendation changes over time:

Recommendations trend for IEX
Recommendations trend for IEX


Analysts have maintained a buy bias for IEX, which could prompt investors to consider the stock as a viable investment. With this positive outlook, IEX is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.