Investor Presentation

Dated:October29,2026 TheManager TheManager BSELimited NationalStockExchangeofIndiaLtd CorporateRelationshipDepartment ListingDepartment PhirozeJeejeebhoyTowers ExchangePlaza,5thFloor,PlotNo.C/1 DalalStreet GBlock,BandraKurlaComplex Mumbai-400001 Bandra(E),Mumbai-400051 ScripCode:540750 Symbol:IEX Sub:InvestorPresentationQ2FY’27. DearSir/Madam, Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith‘InvestorPresentationQ2FY’27’. TheaboveinformationwillalsobemadeavailableonthewebsiteoftheCompany: www.iexindia.com Youarerequestedtotaketheaboveinformationonrecord. ThankingYou. Yoursfaithfully, ForIndianEnergyExchangeLimited VineetHarlalka CFO,CompanySecretary&ComplianceOfficer MembershipNo.ACS-16264 Encl:asabove IndianEnergyExchangeLtd RegisteredOffice:C/oAvantaBusinessCentre,FirstFloor,UnitNo.1.14(a),D2,SouthernPark,DistrictCentre,Saket,NewDelhi–110017,India CorporateOffice:9thFloor,MaxTowers,Sector16B,Noida,UttarPradesh–201301,India Tel:+91-011-30446511|Tel:+91-120-4648100|FaxNo.:+91-120-4648115 CIN:L74999DL2007PLC277039 |Website:www.iexindia.com Q2 FY’27 One Group. Multiple Exchanges. Infinite Opportunity. Who We Are - Group India’s Energy Exchange Ecosystem • Est. 2008, Publicly Listed 2017 • India’s Premier Power Exchange, 9,100+ Participants • FY26: Electricity Volumes - 141 BU Consolidated PAT - INR 493 Cr • Est. 2020 • Incorporated in 2026, License • Est. 2022 • India’s First, Only Natural Gas Exchange applied with Coal Controller • India’s only International REC (I-REC) • 50+ Registered Members, 200+ • MoC Announces Coal issuer Registered Clients Exchange Rules, 2026 • FY’26: 179 Lakh I-RECs (+200% • FY26: Gas Volumes - 76.8 million • Foundation for a Competitive, YoY); PAT INR 4.7 Cr MMBtu; PAT INR 42 Cr Multi-seller Coal Market One GroMupa.r kMeut lOtipppleo Ertxucnhiatyn gLeasr.g Ienrf iTnhitaen O Epvperortunity. The Opportunity Canvas Key Growth Drivers Shaping India’s Energy Markets • Electrification of the Economy • Per Capita Electricity Consumption - 2,000 kWh (2030); 4,000 kWh (2047) • Energy Transition and New Market Models • Increasing Share of Natural Gas in Energy Basket from Current ~6% to 15% by 2030 • Expanding Infrastructure and Domestic Gas Production • Policy and Regulatory Measures to Deepen the Gas Market • Time Series Granularity of I-RECs to Drive Demand for GHG Protocol Scope2, RE100, SBTI Claims • Trading Platform for I-RECs • AI-Enabled Facility Registration and I-TRACK Standard for Biogas and Biomethane • Coal Demand to Grow from 1.2Bn to 2.0Bn MT by FY35 • Multi-seller Surplus Market Enables Transparent, Exchange-based Price Discovery • Market Opportunity: E-auction Coal, Surplus from Captive and Commercial Mines Market Opportunity Larger Than Ever Source: CEA, MoP 33 Indian Energy Exchange Business Overview, Growth Drivers and Performance Power Sector Summary Cleaner Generation, Stronger Grid and Healthier Distribution Distribution & Generation Mix Transmission Consumption Indian Generation Mix: H1 FY’27 World’s Largest Network Reforms Underway Others 1% Nuclear Hydro 3% • Inter-regional trans. cap.: • Improving credit ratings and 120 GW (FY’26); 168 GW (FY’32) profitability of distribution Wind companies: • One Nation One Grid ➢ 14thAnnual Integrated Rating and Ranking of Discoms (A+ and A Solar • Green Corridor: Evacuation of 11% ratings -31 FY’25 v/s 16 in FY’24) Coal + RE in RE-rich States Lignite ➢ AT&C losses down to 15% in FY’25 Gas + from 16% in FY’24 Diesel • Integrated Market • Generators being paid on timely ▪ Thermal: 68%of H1 FY’27 Generation; • 99.9% times no congestion basis 71% (FY’26) • DISCOMS resorting to power ▪ Renewables (incl. Hydro): Record 29% in procurement optimization H1 FY’27, 25.9% (FY’26) India’s Power Sector On Stronger Growth Trajectory, Creating Large Opportunity for Power Exchanges Energy Sector Transition From 559 GW Today to 958 GW by FY’32 : Renewables Take the Lead Nuclear 16 GW Nuclear 9GW Thermal Cap 311 GW Thermal Cap 251GW RE & Hydro 45% RE & Hydro 299GW 631 GW 53% 66% FY’26 Installed Capacity FY’32 CEA Projections 559 GW 958 GW • India Achieved 50% Share of Non-fossil Fuel in Installed Generation Capacity 5 Yrs Ahead of 2030 Target • RE Generation Mix to Increase from 26% in FY’26 to ~40% by FY’32 Energy Sector Transition Four Structural Forces Reshaping India’s Power Markets Technology Progress Changing Preferences • Low Carbon Technologies –Wind, • PM Surya Ghar Yojana Solar, Hybrid • Shift Towards RE and Storage • Falling RE & Battery Cost Driving • Electrification of Economy – Higher Penetration & RE integration EVs, Railways, Data Centres • India Energy Stack –National Digital • Distributed Generation Framework to Modernize Power Sector • AI Enabled Demand Price Drivers of Forecasting, Advanced Analytics Energy Transition New Market Models Policy and Regulatory Framework • Energy as a Service • Draft National Electricity Policy 2026 • RE Penetration Driving New • Draft Electricity (Amendment) Bill, 2025 Market Design –BESS (Price • Renewable Consumption Arbitrage); Firm and Dispatchable Obligations (RCO) RE (FDRE), VPPAs, CfDs • Green Energy Open Access • Generation Moving Closer to • Carbon Credit Trading Scheme (CCTS) Consumer (Prosumer), P2P Trading • Electricity Derivatives Each Driver Converges On Outcomes: More Products, Participants, Volumes for Exchanges Our Company India’s First and Largest Power Exchange Robust Ecosystem ➢Nation wide, Automated and Transparent Trading Platform for Physical Delivery of Electricity, Renewables & 9,100+ 5,300+ ~3,000 Certificates Registered Commercial & RE Generators & ➢Commenced Operations in 2008; CERC Regulated participants Industries Obligated Entities ➢Publicly Listed Company – 2017 (NSE and BSE) 1,100+ 45+ 200+ ➢ISO 9001:2015, ISO 14001:2015, ISO 27001:2022 ➢State Advisory Committee Member of 13 SERCs Conventional Discoms (All) ESCertEntities Generators ➢Member Holding Board Seat in Association of Power Exchanges (APEX) 43+ 26% ➢From 1 Product in FY’09 to a Bouquet of Over 20 Products in FY’26 Cross Border Portfolios Volume Growth CAGR since 2008 Leading the Future of Energy with Innovation and Technology IEX Product Timeline Carbon Credit Certificate Diversified Product Portfolio for a Dynamic Power Market IEX Product Mix RTM Share Increased from 20% to 40% in 4+ Years Total Volumes (H1) Certificates In FY’16 DAM was 95% of Total Electricity and now 36% (Q2 FY’27) Green 5-Year RTM CAGR Growth of 42%; Overtakes DAM Share 60 41.0% 45% RTM Volume (BUs) DAM 40% 35% 50 RTM Volumes 29.2% +17% 40 30% 24.6% 21.4% 25% 20 15% 10 RTM 5% 41% 24.2 30.1 38.9 54.9 27.9 32.5 0 0% FY23 FY24 FY25 FY26 H1 FY26 H1 FY27 IEX RTM YoY Growth RTM has Made Substantial Strides; 41% of Electricity Volumes in H1 FY’27 (~33 BUs) Growth Driver 1: Demand Increase High GDP Growth, Electrification Compounding Power Demand – Govt Target of Per Capita Electricity Consumption 4,000 kWh by 2047 3,100 300 2,700 2,600 250 Indiaplacedasmostpromisingglobaleconomy ✓ High GDP Growthof about 6-7%ExpectedtoDrive PowerDemand 2,100 200 ✓ FY2032ForecastDemand~2,700BU 1,692 1,708 1,622 1,600 1,506 168 150 ✓ PeakDemandof388GWby2032 1,374 1,205 1,268 1,284 1,271 143 ✓ Summer Peak Power Demand – 271 GW (Q1 1,091 1,135 1,100 1,031 121 100 FY’26);AllTimeHigh 101 103 ✓ Core Sector, Traction, PM Surya Ghar Yojana to 80 DriveElectricityConsumption 600 50 54 56 ✓ LastMileConnectivity–Poweron24x7Basis 35 41 100 0 ✓ EVsandDataCentrestoDriveDemandGrowth FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY32 ✓ ACConsumptiontoGrow9Xby2050(IEA) All India Power Demand (BU) Traded Volumes (Electricity) Source: CEA (Long Term National Resource Adequacy Plan FY’27 –FY’36); CERC MMR Growth Driver 2: Optimisation Potential Portfolio Optimization by C&I, DISCOMS Replacing Costlier Power • LongTermPPAofDiscomshaveaTwo-PartTariffStructure ✓ FixedCost whichist [Showing first 8,000 characters — download PDF for full document]