Indian Energy Exchange Limited — Q1FY27 earnings call summary

Filed 24 July 2026 · Company audio recording

Real Time Market (RTM) volume surged 41%, now equal in size to Day Ahead Market (DAM).
Potential 20-40% impact on DAM volumes from market coupling, though overall market share expected to remain stable.
FY26 electricity trade grew 17% YoY to 141 BUs; Q1 FY27 volumes up 16% to 37.5 BUs.
FY26 consolidated revenue at ₹747 Cr (+13.6%) and PAT at ₹492 Cr (+15%).
Q1 FY27 revenue ₹202.8 Cr (+12%) and PAT ₹134.8 Cr (+12%).
Coal exchange launch imminent; all coal trading to shift to exchange platform within 6 months of operation, unlocking large volume opportunity (~120 MT currently traded via e-auctions).
9000+ participants with 80-85% market share maintained in electricity trading.
Regulatory approvals pending for new product launches; delays could affect market deepening.