AI-generated · cited to primary sources · not investment advice
Indian Energy Ex (540750) Apr 2025 Filing Analysis
Does management do what it says?
IGX currently represents close to 3% of India's overall gas consumption, showing progress toward the 4-5% target for 2030. (1 in progress across 1 tracked commitment)
“IGX share in the overall gas consumption expected to increase from present 2% to 4-5% by 2030 (~250 Mn MMBTU; CAGR: ~36%)”
See the full cited Management analysis of Indian Energy Ex
How durable is the business?
The Indian Gas Exchange (IGX) subsidiary showed significant growth in profitability and volume, with PAT increasing by 34.3% for the year. (1 expanding)
“The profit after tax for IGX in FY '25 increased 34.3% to INR30.9 crores from INR23 crores in FY '24.”
Consolidated revenue grew 19.3% for the full year, driven by record electricity volumes of 121 billion units (up 18.7%). Q4 specifically saw an 18% volume growth. (3 expanding)
“For FY '25, consolidated revenue stood at INR657.4 crores, an increase of 19.3% on year-on-year basis.”
See the full cited Business Model analysis of Indian Energy Ex
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