Power Exchange India (PXIL)
- Unlisted share
- Energy & Power
- ISIN INE03N601010
At a glance
Sales
FY26
₹86.38 Cr
+12.1%on FY25What the company earned from its customers in the year.
Profit
FY26
₹37.05 Cr
+7.3%on FY25What was left after every cost and tax was paid.
Market valuecalculated
₹2,883 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹145 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Power Exchange India (PXIL)
- ISIN
- INE03N601010
- Sector
- Energy & Power
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹493.02
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Power Exchange India (PXIL)
Power Exchange India Limited runs a nationwide electronic exchange where electricity and renewable energy certificates are traded, and has operated since 2008. It describes itself as India's first institutionally promoted power exchange; its latest annual return shows two promoter companies holding about 42%, with government companies, other companies, a foreign institutional investor and individuals holding the rest.
Written from: powerexindia.in, powerexindia.in
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Energy & Power
- ISIN
- INE03N601010
- Year of incorporation
- 2008
- Promoters
- Two promoter bodies corporate together holding 42.06% (the annual return does not name them)
- Key people
- Managing Director & CEO: Vivek Singla; CFO: Shekhar Mohan Rao; Company Secretary: Sunil Srichand Hingwani
- Equity shares outstanding
- 5,84,70,050 shares
- Corporate Identity Number
- U74900MH2008PLC179152
- PXIL 'Performance highlights of last 3 years', company website
- Website
- powerexindia.in
Read from: PXIL annual return (Form MGT-7) FY2025-26, company website, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
77.8×
At this price you pay ₹77.8 for every ₹1 of profit the company made in the year.
Price to book (P/B)calculated
19.91×
At this price you pay ₹19.91 for every ₹1 of net worth on the company's books.
Profit margincalculated
42.9%
Out of every ₹100 of sales, ₹42.9 was left as profit.
Return on equitycalculated
25.6%
For every ₹100 of the owners' money, the company made ₹25.6 of profit in the year.
- Indicative price
- ₹493.02
- Market valuecalculated
- ₹2,883 Cr
- price × shares
- No. of shares
- 5,84,70,050
- EPS
- ₹6.34
- Book value per share
- ₹24.76
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Power Exchange India Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY24 to FY26: ₹54.22 Cr to ₹86.38 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY24 to FY26: ₹22.1 Cr to ₹37.05 Cr.
| Particulars | FY24 | FY25 | FY26Latest |
|---|---|---|---|
| Sales/Revenue from operations | 54.22 | 77.08 | 86.38▲12% |
| Other income | n/a | n/a | 14.07 |
| Total income | n/a | n/a | 100.45 |
| Depreciation and amortisation expense | n/a | n/a | 3.03 |
| Finance costs | n/a | n/a | 0.86 |
| Profit before tax | n/a | n/a | 49.79 |
| Profit after tax | 22.1 | 34.54 | 37.05▲7% |
| Earnings per share (basic) (₹) | 3.78 | 5.91 | 6.34▲7% |
Rupees crore unless marked, standalone. The change shown is the latest year against the year before. Read from: PXIL statement of unaudited results for the quarter ended 30 June 2026 (audited FY2025-26 column), company website, PXIL 'Performance highlights of last 3 years', company website.
Ownership
Shareholding pattern
Who owns the company
As of 31 March 2026
42.1%Promoters (two bodies corporate)
- Largest holder
- 42.1%
- Top 3 together
- 80.6%
- Holders named
- 9
- Promoters (two bodies corporate)42.06%
- Government companies21.49%
- Bodies corporate (public)17.05%
- Individuals / HUF (Indian)8.14%
- Foreign institutional investors4.99%
- Foreign nationals (other than NRI)3.13%
- Total100.00%
Read from: PXIL annual return (Form MGT-7) FY2025-26, company website
Leadership
Management
Vivek Singla
Managing Director and CEO
Shekhar Mohan Rao
CFO
Sunil Srichand Hingwani
Company Secretary
Alok Kumar
Director
Arvind Gaurishankar Singh
Director
Rajiv Ranjan Mishra
Director
Deepak Jinvardas Lad
Director
Atul Roongta
Director
Dr. Indu Shekhar Jha
Independent Director (from 7 May 2026)
Avinash Mohan
Promoter Director
Sriram Krishnan
Promoter Director (from 7 September 2026)
Read from: PXIL annual return (Form MGT-7) FY2025-26, company website, PXIL notice of 18th AGM dated 29 June 2026, company website, PXIL website, Appointment of Directors
Corporate calendar
Events
- 19 Sept 2026Postal ballotPostal ballot notice seeking approval for an employee stock option scheme of up to 5,84,700 options (about 1% of capital)Open
- 7 Sept 2026Board changeSriram Krishnan appointed as a promoter directorOpen
- 31 Jul 2026DividendShareholders approved a final dividend of ₹2 per share for FY2025-26 (record date 10 July 2026)Open
- 31 Jul 2026AGM18th annual general meeting held by video conferenceOpen
- 7 May 2026Board changeDr. Indu Shekhar Jha joined the board as an independent director for three yearsOpen
- 10 Nov 2025Management changeVivek Singla appointed Managing Director and CEOOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
- Q3 FY2025-26Unaudited financial results for the quarter and nine months ended 31 December 2025
- Q1 FY2026-27Unaudited financial results for the quarter ended 30 June 2026 (with audited FY2025-26 column)
- FY2026-27Postal ballot notice, Employee Stock Option Scheme 2026
- FY2025-26Annual return (Form MGT-7) 2025-26
- FY2025-26Notice of the 18th AGM (2025-26)
- FY2025-26Consolidated scrutinizer's report on the 18th AGM
- FY2023-24 to FY2025-26Performance highlights of last 3 years
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Power Exchange India (PXIL) on WhatsAppIs the price shown for Power Exchange India (PXIL) final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Power Exchange India (PXIL) shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Power Exchange India (PXIL) shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Power Exchange India (PXIL). Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.