ftInvstr
IEX · Financial Services ₹118.91 -0.08% Mkt Cap ₹10550 Cr

IEX

Financial Services Capital Markets
₹118.91
-0.08% today · 30d -7.1%
as of 2026-09-04
Price · Daily Candles
“IEX grapples with FII inflow, DII exit, and a -35% annual price drop as growth predictions waver.”
IEX's stock has seen a significant price correction, down -35.26% over the past year, despite a positive QoQ net profit growth of +10.81%. The market capitalization now stands at ₹11,341 Cr. While the company boasts a high ROCE of 51.0% and a profit margin of 65.99%, ML predictions indicate weak to neutral growth prospects for Free Cash Flow (FCF) and EBIT over various horizons, with FCF growth particularly concerning at rank 0.0.
BULL CASE
+Quarterly revenue saw a strong increase of +22.53% year-over-year, reaching ₹174.0 Cr.
+The company maintains an exceptionally high profit margin of 65.99%, reflecting strong operational efficiency.
+IEX demonstrates impressive capital allocation with a ROCE of 51.0%, significantly above many peers.
+Annual net profit grew +14.85% reaching ₹493.0 Cr, building on a 5-year CAGR of 19.13%.
BEAR CASE
The stock has plummeted -35.26% over the last year, trading -40.65% off its 52-week high of ₹215.4.
ML predictions for Free Cash Flow (FCF) growth are significantly weak, with all ranks at 0.0 or 0.217 across different time horizons, suggesting potential future cash flow challenges.
Domestic Institutional Investors (DIIs) decreased their stake by -4.69% QoQ, despite FIIs increasing by +2.75%.
Quarterly operating profit margin declined by -0.71% year-over-year, impacting profitability slightly.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-03-31
REVENUE
₹174 Cr
+22.53% YoY
NET PROFIT
₹130 Cr
+10.81% YoY
OPM
87.3%
-0.71pp YoY
EPS
₹1.45
PE 23.01
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-48.6%, h2=-45.8%, h3=-50.0% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
IEX trades at a TTM PE of 23.01 with a ROCE of 51.0%, positioning it above peers such as AIIL (PE 9.91, ROCE 25.62%) but below GROWW (PE 56.11, ROCE 48.94%).
PEERPEROCE %
IEX23.0151.0
GROWW56.1148.94
MOTILALOFS28.0418.94
AIIL9.9125.62
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒

9 ML-predicted forward-growth ranks across sales, EBIT, and FCF.

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59
SCORE / 100
Overall
6-axis composite of the sections below.
Performance NEUTRAL 40
Valuation REASONABLE 60
Growth STEADY 67
Profitability HIGH 100
Technicals WEAK 38
Risk MODERATE 50
Key Stats
TTM PE
23.01
P/B
8.36
52W HIGH
₹160.27
OFF HIGH
-25.81%
DIV YIELD
3.14%
MKT CAP
₹10550 Cr
◉ Active Signals
MACDBearish-0.5609
RSI(14)Bearish34.09
Near 52W LowBearish3.76
Street Consensus
11 analysts
₹141.18
mean target
Low ₹100.0Now ₹118.91High ₹285.0
⧉ Strategy Fit 🔒

See which of ftInvstr's 50+ strategies hold IEX and at what entry.

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