IEX Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Indian Energy Trading Platform Ltd, or IEX, is a company that uses an electronic platform to trade national power. India Energy Trading Platform Ltd is a platform that automates electricity sales with regard to physical delivery. The Focal Power Administrative Commission (CERC) manages The Indian Energy Trade (IEX) as an electronic exchanging stage for power. The exchange is in charge of developing, running, and broadening the reach of India’s organized power market.

IEX Share Price Target 2024-2030

To conjecture the cost of IEX up to the year 2030, we will utilize an AI approach where the guage information is prepared on the past execution. Indian Energy Trade Ltd, known for its huge presence in the Indian offer market, has shown different patterns throughout the long term. They are a structured power trading market that gives State Electricity Boards (SEBs) and captive and open-access consumers the ability to enter into a variety of contracts with electricity producers.

IEX Share Price Targe Today Update

IEX is a company that operates in the Capital Markets industry and is a part of the Financial Services industry. We will discuss IEX share price targets for 2024, 2025, 2026, and up to 2030 in this in-depth post. We will use a variety of technical analysis methods to forecast goals up to 2030 for long-term forecasts. IEX’s ongoing business sector position, its development direction, and how outside market variables could impact its cost exhibition paving the way to 2030.

About Indian Energy Exchange

The Indian energy exchange, or IEX Company, is one of the fastest-growing businesses that is also making a lot of money. Similarly, the share price prediction, also known as IEX share price future prediction, only makes a prediction, and it might be wrong in the future or it might not be. The predictions are made every five years, for example, IEX share price prediction 2025 and IEX share.

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IEX Business Profile

First power source Company is authorized power spot merchant and managing in REC and ESCERT by Central Electricity Regulatory Commission (‘CERC’). Through this exchange, the electricity market that is open to all players in it allows for lower prices for everyone in the country. It also ensures that business grows more quickly due to lower costs for intermediaries, improved transmission capacities, etc., which should ultimately lead to an increase in production as well.

Market participants

The company has over 7,600 registered participants, 60 of which are distribution companies, over 700 power generating companies, and more than 4,800 open access customers, according to the information provided by IEX.

IEX Product

Day Ahead Market (DAM) –One day prior to electricity delivery, IEX lets its players transact electricity in 15-minute blocks. Purchasers and dealers present their offers by electronic means and Iex coordinates offers by a twofold sided closeout component with a uniform market clearing cost.

Green – Day Ahead Market –On a daily basis, the Green Day Ahead Market permits anonymous, closed, bidding-only collective auctions of renewable energy for both buyers and sellers in categories like hydropower, solar power, and non-solar electricity.

Term Ahead Market (TAM) – The term “TAM” refers to the number of days that can pass before the market value is determined. It allows its participants to purchase power immediately (through intraday agreements), in advance (through Day-Ahead contracts), or even daily (through daily contracts with a maximum of seven days’ duration).

Renewable Energy certificate (Rec) – The recreational market makes it easier to trade environmental traits. As a trade-off for the green characteristics of their age, Sustainable power (RE) generator might decide on RECs. They use this location to sell RECs.

Energy Saving certificates (Eserts)- In the Perform, Accomplish, Exchange Plan made by the Department of Energy Effectiveness, ESCerts (Energy Reserve funds Authentications) are exchanged to assist with empowering huge, energy concentrated enterprises to chop down their power interest.

Looking to The Future IEX SHARE

Because the company is a monopoly, there is a chance that it will make more money in the future. The business can also reap good benefits in the future due to the construction of power in India. The only position in Power Digital is still held by the company. This business, which is India’s best trading platform and will grow even more in the future, has the potential to become a multi-bagger in the future.

IEX Fundamental Analysis

The company’s results appear to be very promising at the moment when we examine its fundamentals. Deals are expanding persistently consistently. Additionally, the profit continues to rise. The company does not have any debt and has a PE of 54. The company has the potential to perform better in the future if its business model is examined. and can enrich its investors.

IEX Financial & Fundamentals

Market Cap ₹ 14,165 Cr.
Current Price ₹ 159
High / Low ₹ 173 / ₹ 116
Stock P/E 43.0
Book Value ₹ 9.56
Dividend Yield 0.63 %
ROCE 51.8 %
ROE 39.4 %
Face Value ₹ 1.00
Debt to equity 0.01
Debt Capacity 0.15
Debt preceding year ₹ 10.0 Cr.
Debt ₹ 12.1 Cr.
Reserves ₹ 764 Cr.
EPS ₹ 3.69
EPS last year ₹ 3.28
Pledged percentage 0.00 %
FCF Prev Ann ₹ 777 Cr.
EVEBITDA 30.4
Industry PE 51.9
PEG Ratio 2.25
Piotroski score 4.00
Earnings yield 3.15

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Quarterly Results

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Sales 90 109 114 112 98 95 100 107 104 109 115
Expenses 14 13 16 17 17 16 17 14 22 16 15
Operating Profit 77 96 98 95 81 79 83 93 82 92 100
OPM % 85% 88% 86% 85% 82% 83% 83% 87% 78% 85% 87%
Other Income 12 12 12 16 15 19 17 23 23 24 26
Interest 1 0 0 0 1 1 1 1 1 1 1
Depreciation 4 4 4 4 4 5 5 5 5 5 5
Profit before tax 84 103 106 107 91 92 95 110 99 111 120
Tax % 24% 24% 25% 24% 25% 24% 25% 25% 25% 25% 25%
Net Profit 64 78 80 81 69 70 71 83 74 83 89
EPS in Rs 0.71 0.87 0.89 0.90 0.76 0.78 0.79 0.93 0.83 0.93 1.00

IEX CAGR Report

Metric 10 Years 5 Years 3 Years TTM
Compounded Sales Growth 11% 12% 16% 7%
Compounded Profit Growth 15% 19% 20% 13%
Stock Price CAGR 24% 9% 1%
Return on Equity 43% 44% 44% 39%

IEX Breakup Revenue

IEX controls 94.2% of the market as a rule, with its piece of the pie in the DAM and RTM coming to 99.9% each. There were probably two energy trading exchanges in India, IEX and PXIL, and IEX controlled the majority of the market. Be that as it may, the third and latest power trade, HPX, laid out in 2022 with advertisers, for example, BSE, PTC India and ICICI Bank, the last option began procedure on 06 July 2022.

  • DAM – 48%
  • Green – 3%
  • RTM – 28%
  • TAM – 14%
  • Certificates – 7%

Shareholding Pattern

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
FIIS 15.79% 15.49% 17.88% 17.28% 14.12% 13.37% 10.89%
DIIS 22.39% 21.73% 21.53% 21.11% 22.61% 26.34% 27.24%
Public 61.54% 62.49% 60.32% 61.33% 62.98% 60.01% 61.57%
Others 0.27% 0.27% 0.28% 0.28% 0.28% 0.28% 0.28%
No. of Shareholders 17,13,913 17,12,825 16,30,991 16,32,597 16,01,518 15,18,597 15,98,631

IEX Share Price Target 2024-2030 Forecast

Year IEX Share Price Target
2024 ₹200
2025 ₹230
2026 ₹250
 2027 ₹275
2028 ₹300
2029 ₹340
2030 ₹375

IEX Share Price Target 2025

Months Target Price 2025
January 210
February 195
March 180
April 185
May 193
June 197
July 200
August 210
September 217
October 213
November 220
December 230

IEX Share Price Target 2026

Months Target Price 2026
January 235
February 228
March 220
April 223
May 230
June 225
July 233
August 237
September 240
October 245
November 247
December 250

IEX Share Price Target 2027

Months Target Price 2025
January 260
February 255
March 250
April 253
May 257
June 260
July 264
August 268
September 265
October 270
November 273
December 275

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IEX Share Price Target 2028

Months Target Price 2025
January 285
February 275
March 260
April 265
May 271
June 277
July 284
August 290
September 287
October 293
November 295
December 300

IEX Share Price Target 2029

Months Target Price 2025
January 310
February 299
March 290
April 297
May 308
June 315
July 323
August 327
September 335
October 333
November 337
December 340

IEX Share Price Target 2030

Months Target Price 2025
January 350
February 335
March 324
April 330
May 338
June 345
July 355
August 363
September 370
October 368
November 372
December 375

Final Words

The goals are set in stone, like Indian Energy Exchange limited (IEX), a company based on the power trading exchange and Indian electronic system. The objectives of offer costs can be possibly set on the off chance that there is some thought or forecast in regards to the offer cost in the future thus IEX Offer cost future expectation is likewise being made by the organization.

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