TickerKhojComparison · NSE · data 2026-11-02
Indian Energy Exchange Ltd. vs SG Finserve Limited
In plain words
Size: Indian Energy Exchange Ltd. is about 2 times the market value of SG Finserve Limited.
Valuation (P/E): SG Finserve Limited 23.3 vs Indian Energy Exchange Ltd. 18.3.
Return on equity: Indian Energy Exchange Ltd. 39.4% vs SG Finserve Limited 10.3%.
Profit growth over 3 years: SG Finserve Limited 90.7% a year vs Indian Energy Exchange Ltd. 17.2% a year.
Debt to equity: SG Finserve Limited 1.85 vs Indian Energy Exchange Ltd. 0.01.
Differences in the numbers, not a recommendation of either stock.
Side by side
| IEX | SGFIN | |
|---|---|---|
| Price | ₹107.23 | ₹677.2 |
| Market cap | ₹9,006 cr | ₹4,531 cr |
| P/E | 18.3 | 23.3 |
| P/B | 6.5 | 2.8 |
| ROE | 39.4% | 10.3% |
| ROCE | 38.6% | — |
| Debt / equity | 0.01 | 1.85 |
| Operating margin | 80.5% | 52.1% |
| Dividend yield | 3.47% | 0.00% |
| Sales growth, 3 years (yearly) | 15.4% | 100.1% |
| Profit growth, 3 years (yearly) | 17.2% | 90.7% |
| 1-year return | -26.5% | 72.7% |
| Revenue, last 12 months | ₹645 cr | ₹489 cr |
| Net profit, last 12 months | ₹523 cr | ₹187 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹139 cr | ₹59 cr |
| Quarter profit vs a year earlier | +12.9% | +106.1% |
| Promoter holding | — | 56.95% |
| Health check | Strong (6.8/10) | Strong (7/10) |
Common questions
Which has a higher P/E, Indian Energy Exchange Ltd. or SG Finserve Limited?
SG Finserve Limited trades at the higher P/E (23.3 against 18.3). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Indian Energy Exchange Ltd. (39.4% against 10.3%).
Which carries more debt?
SG Finserve Limited has the higher debt-to-equity ratio (1.85 against 0.01).