| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 35.22 | 48 | 54 | 77 |
| Cost of Material Consumed | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Gross Margins | 100 | 100 | 100 | 100 |
| Employee Benefit Expenses | 7.87 | 8.4 | 11 | 15 |
| Other Expenses | 10.51 | 14.4 | 19 | 28 |
| EBITDA | 16.84 | 25.2 | 24 | 34 |
| OPM | 47.81 | 52.5 | 44.44 | 44.16 |
| Other Income | 4.92 | 7.3 | 9 | 16 |
| Finance Cost | 0.44 | 0.4 | 0.5 | 0.7 |
| D&A | 2.86 | 3 | 3.3 | 2.8 |
| EBIT | 13.98 | 22.2 | 20.7 | 31.2 |
| EBIT Margins | 39.69 | 46.25 | 38.33 | 40.52 |
| PBT | 18.46 | 29 | 29 | 46 |
| PBT Margins | 52.41 | 60.42 | 53.7 | 59.74 |
| Tax | 2.7 | 7.4 | 7 | 12 |
| PAT | 15.76 | 21.6 | 22 | 34 |
| NPM | 44.75 | 45 | 40.74 | 44.16 |
| EPS | 2.7 | 3.69 | 3.76 | 5.81 |
| Financial Ratios | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Profit Margin | 52.5 | 44.44 | 44.16 |
| Net Profit Margin | 45 | 40.74 | 44.16 |
| Earning Per Share (Diluted) | 3.69 | 3.76 | 5.81 |
| Assets | 2023 | 2024 | 2025 |
|---|---|---|---|
| Fixed Assets | 5.4 | 4 | 3.5 |
| CWIP | 0 | 0 | 0 |
| Investments | 0.4 | 1.6 | 58.5 |
| Trade Receivables | 0.14 | 0.03 | 0.09 |
| Inventory | 0 | 0 | 0 |
| Other Assets | 167.06 | 347.37 | 263.91 |
| Total Assets | 173 | 353 | 326 |
| Liabilities | 2023 | 2024 | 2025 |
|---|---|---|---|
| Share Capital | 58.47005 | 58.47 | 58.47 |
| FV | 10 | 10 | 10 |
| Reserves | 11.4 | 33 | 59 |
| Borrowings | 14.5 | 15 | 15.4 |
| Trade Payables | 2.7 | 9 | 6 |
| Other Liabilities | 85.93 | 237.53 | 187.13 |
| Total Liabilities | 173 | 353 | 326 |
| Cash-Flow Statement | 2023 | 2024 | 2025 |
|---|---|---|---|
| PBT | 29.1 | 29 | 46 |
| OPBWC | 29.7 | 24 | 39 |
| Change in Receivables | 0.4 | 0.11 | -0.06 |
| Change in Inventories | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | -44.5 |
| Other Changes | -60.5 | 147.89 | -1.44 |
| Working Capital Change | -60.1 | 148 | -46 |
| Cash Generated From Operations | -33.4 | 172 | -7 |
| Tax | -3.7 | -7 | -10 |
| Cash Flow From Operations | -37.1 | 165 | -17 |
| Purchase of PPE | -2.1 | -2.36 | -1.19 |
| Sale of PPE | 0 | 0 | 0 |
| Cash Flow From Investment | -19.5 | -7 | -13 |
| Borrowing | 0 | 0 | 0 |
| Dividend | 0 | 0 | -8.77 |
| Equity | 0 | 0 | 0 |
| Others From Financing | -0.9473 | 0.9 | -1.23 |
| Cash Flow from Financing | -0.95 | 0.9 | -10 |
| Net Cash Generated | -57.55 | 158.9 | -40 |
| Cash at the Start | 99.4 | 42 | 199 |
| Cash at the End | 41.85 | 200.9 | 159 |
Power Exchange India Limited (PXIL) is one of India’s earliest and institutionally promoted electronic power trading platforms, created to enable transparent, efficient, and competitive electricity transactions across the country. Promoted by the National Stock Exchange (NSE) and NCDEX, PXIL serves as a regulated marketplace where electricity generators, distribution companies, open-access consumers, and traders can buy and sell power. The exchange offers various short-term products such as Day-Ahead, Intra-Day, Term-Ahead Markets, and Renewable Energy Certificates (RECs). Its mission is to support market-based price discovery while promoting efficiency, flexibility, and transparency in India’s evolving energy sector.
Operationally, PXIL has deployed advanced technology infrastructure to facilitate secure, real-time bidding and settlement. The platform caters to a wide participant base including state utilities, independent power producers, captive generators, and large industrial consumers. PXIL continuously upgrades its market offerings in line with regulatory changes introduced by the Central Electricity Regulatory Commission (CERC). The exchange also plays a significant role in promoting green power trading through RECs, helping obligated entities meet Renewable Purchase Obligations (RPOs). By focusing on product innovation, risk mitigation, and compliance, PXIL maintains industry credibility and supports participants in optimizing their power procurement strategies.
In the unlisted shares market, PXIL appeals to investors due to its strategic role in India’s energy transition and the increasing adoption of market-based power trading. As the power sector shifts toward renewable integration, smart grids, and real-time markets, the relevance of power exchanges is expected to grow significantly. While unlisted shares typically involve considerations such as limited liquidity and variable price discovery, PXIL’s strong institutional backing, transparent operations, and long-term sectoral importance contribute to sustained investor confidence. For those seeking exposure to India’s power market modernization, PXIL represents a compelling and stable opportunity in the unlisted ecosystem.
Q:1 How can I buy Power Exchange India Limited (PXIL) shares?Answer: To buy PXIL shares, you need to confirm your booking with us at a trading price and provide the necessary KYC documents, including your client master report, PAN Card, and a Cancelled Cheque.
Q:2 What documents do I need to provide to purchase PXIL shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque unless you are transferring funds from the bank account mentioned in the CMR Copy.
Q:3 Are there any specific payment methods for purchasing PXIL shares?
Answer: Yes, payment must be made through RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not accepted.
Q:4 Can I use any bank account for the payment?
Answer: No, the payment must be made from the same account where the shares will be credited.
Q:5 What happens if I don't have a client master report?
Answer: If you do not have a client master report, you can ask your broker for one, as it is necessary for the KYC process.
Q:6 Will you provide the bank details for the payment?
Answer: Yes, we will provide you with the necessary bank details for transferring the funds.
Q:7 Is there a time limit for making the payment after booking the shares?
Answer: The payment should be made promptly after confirming your booking to ensure a smooth transaction.
Q:8 What are the consequences of not adhering to the payment guidelines?Answer: Failure to adhere to the payment guidelines may result in the cancellation of your share booking and could affect your ability to purchase PXIL shares in the future.