Indian Energy Ex
Indian Energy Ex Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management said on revenue, margins and capex.
Get Indian Energy Ex's next results in your feed
Guidance rank: #20 of 26 in Capital Markets
See the sector's top 10 — free with your mobile number.
The short version
Electricity traded volumes grew by 16% in H1 FY '26 despite flat overall power demand, indicating strong market growth potential. Electricity volume growth in Q2 FY'26 was 16%, with expected growth for the remaining year to be 15%-20%.
From Indian Energy Ex's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Electricity traded volumes grew by 16% in H1 FY '26 despite flat overall power demand, indicating strong market growth potential.
- Management expects volume growth of 15-20% for the remaining period of FY '26.
- For FY '27, volume growth is expected to be similar (~20%), contingent on sector demand, weather, and economic growth.
- Long-term, the company aims to sustain an average ~20% volume growth, supported by India's growing economy and increasing electrification (e.g., EVs, data centers, battery storage).
- Revenue growth in the short term may be moderated by product mix changes and fee adjustments but overall positive with volume growth.
2 more points from Indian Energy Ex's call on revenue
Create a free account to keep reading this call
Profitability & Margins
See what Indian Energy Ex said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
See what Indian Energy Ex said on capital expenditure plans — free account, 30 seconds.
Top-ranked in Capital Markets
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Indian Energy Ex said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points from Indian Energy Ex's call on order book
Create a free account to keep reading this call
Indian Energy Ex — Quarterly revenue & net profit
Indian Energy Ex Q2 FY26 results — key figures
| ₹ Cr | Q2 FY26 | Q2 FY25 | YoY | Q1 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 152 | 139 | +9.4% | 140 | +8.6% |
| Operating profit (EBITDA) | 132 | 120 | +10% | 114 | +15.8% |
| Operating margin | 87% | 86% | +1 pp | 81% | +6 pp |
| Profit before tax | 160 | 143 | +11.9% | 150 | +6.7% |
| Net profit (PAT) | 122 | 106 | +15.1% | 113 | +8% |
| EPS (₹) | 1.36 | 1.19 | +14.3% | 1.27 | +7.1% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹165 Cr, net profit ₹133 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Indian Energy Ex's management said in earlier quarters
- Q2 FY27 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
Others in Capital Markets this season
- Systematix Corporate Services (Q2 FY26)
Revenue from Operations for Q2 FY26: ₹55.72 Crore . Key investor presentation takeaways from Systematix Corporate Services Ltd's Q2 FY26 investor presentation —
- IIFL Capital (Q2 FY26)
27,000 crores upwards. Key concall takeaways from IIFL Capital Services Ltd's Q2 FY26 earnings call — and how it ranks against sector peers.
- Emkay Global Financial Services (Q2 FY26)
Income from Operations: INR 721 Mn, down 34% YoY (Q2 FY25: INR 1,086 Mn) . Key investor presentation takeaways from Emkay Global Financial Services Ltd's Q2 FY2
- Anand Rathi Wealth (Q2 FY26)
They have reached a critical mass in mutual fund AUM (~INR 50,000 crores) which supports easier and more stable growth. Key concall takeaways from Anand Rathi…
Potential multibaggers · Q2 FY27
Potential multibaggers in Capital Markets
on management's own guidance
- Nippon Life India Asset Management LtdGood growth2
- BSEGood growth1
- Motilal Oswal Financial Services LtdGood growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Arthneeti Pro · Annual
Indian Energy Ex and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Indian Energy Ex Q2 FY26 results?
Electricity traded volumes grew by 16% in H1 FY '26 despite flat overall power demand, indicating strong market growth potential. Electricity volume growth in Q2 FY'26 was 16%, with expected growth for the remaining year to be 15%-20%.
What is Indian Energy Ex share price analysis?
Indian Energy Ex currently shows a neutral. The stock trades at a P/E of 22.8 with a market cap of ₹11,124 Cr. Investors should review the full earnings analysis for detailed insights.
Keep Indian Energy Ex on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.
