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3 Electricity Trading Platform, Wealth Management Specialist and Technology-Led Retail Broker Stocks With a Strong Future Roadmap: Indian Energy Exchange, Anand Rathi Wealth and Angel One

Indian Energy Exchange, Anand Rathi Wealth and Angel One: ROE of 17.3% to 36.1% and FY22 to FY26 revenue CAGR of 11.4% to 31.0%. Prices as of 23 Oct 2026.


26 Oct 2026 • 4:37 pm

3 Electricity Trading Platform, Wealth Management Specialist and Technology-Led Retail Broker Stocks With a Strong Future Roadmap: Indian Energy Exchange, Anand Rathi Wealth and Angel One

Quick Answer

The three power exchange, wealth and broking stocks to watch are Indian Energy Exchange, Anand Rathi Wealth and Angel One. Their return on equity ranges from 17.3% to 36.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 11.4% to 31.0%. Indian Energy Exchange has the highest return on equity at 36.1%, while Anand Rathi Wealth has the fastest revenue growth at 31.0% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.

Power exchange, wealth and broking stocks bring together companies with a visible plan for the years ahead. Indian Energy Exchange, Anand Rathi Wealth and Angel One cover an electricity trading platform, a wealth management specialist and a technology-led retail broker.

This list covers three power exchange, wealth and broking stocks with complete current figures: Indian Energy Exchange, Anand Rathi Wealth and Angel One. Every figure comes from the latest reported financials and the 23 October 2026 market close. Companies without complete current figures were left out.

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What Are Power Exchange, Wealth and Broking Stocks?

Power exchange, wealth and broking stocks are listed financial companies that run an energy exchange, advise affluent families and serve retail investors through apps. Their earnings depend on traded volumes, assets under advice, client additions and market activity.

Power Exchange, Wealth and Broking Stocks at a Glance

Company CMP (Rs) Market Cap (Rs Cr) P/E Industry P/E ROE (%) D/E
Indian Energy Exchange 101.2 9,051 17.8 40.1 36.1 0.01
Anand Rathi Wealth 2,235 36,778 80.7 16.9 35.4 0.05
Angel One 279 27,666 23.9 32.9 17.3 1.14

On valuation, Indian Energy Exchange and Angel One trade at a P/E below the industry P/E, while Anand Rathi Wealth trades above it, which reflects the growth the market already expects. Readers comparing power exchange, wealth and broking stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.

Why Do Power Exchange, Wealth and Broking Stocks Have a Strong Roadmap in India?

Power exchange, wealth and broking stocks have a strong roadmap in India because growing power trading, rising household wealth and more first-time investors keep widening the market for these services.

  • Power trading. Wider use of exchanges lifts traded energy.
  • Rising wealth. Affluent families seek advice and planning.
  • Digital access. Mobile apps bring new investors into markets.

Why Indian Energy Exchange Features Among These Power Exchange, Wealth and Broking Stocks

Among the power exchange, wealth and broking stocks on this list, Indian Energy Exchange operates India's leading electronic platform for trading electricity, renewable energy certificates and other energy products, earning a fee on every unit traded.

Revenue rose from Rs 484 crore in FY22 to Rs 747 crore in FY26, a compound annual growth rate of 11.4%. Net profit grew from Rs 309 crore in FY22 to Rs 493 crore in FY26, which works out to a compound annual growth rate of 12.4%.

In the June 2026 quarter, revenue grew 10.1% year on year to Rs 203 crore, while net profit rose 11.6% to Rs 135 crore. The company has a return on equity of 36.1%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 9,051 crore. The stock trades at a P/E of 17.8, below the industry P/E of 40.1.

Roadmap: Growing power demand, wider participation of renewable producers and new market segments such as green and ancillary products support traded volumes. The platform model needs little capital and keeps the balance sheet clean.

What to watch: Track traded volumes, new product launches, market share and regulatory moves on market coupling.

Why Anand Rathi Wealth Features Among These Power Exchange, Wealth and Broking Stocks

Among the energy trading marketplace shares on this list, Anand Rathi Wealth provides wealth management services to affluent and high net worth families, offering mutual funds, structured products and financial planning through a large team of relationship managers.

Revenue rose from Rs 425 crore in FY22 to Rs 1,253 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 127 crore in FY22 to Rs 397 crore in FY26, which works out to a compound annual growth rate of 33.1%.

The company has a return on equity of 35.4%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 36,778 crore. The stock trades at a P/E of 80.7, above the industry P/E of 16.9.

Roadmap: The company is adding clients and relationship managers while deepening wallet share in its existing client base. Rising financial wealth in India supports demand for advice-led services.

What to watch: Follow growth in client assets, the number of relationship managers and recurring revenue.

Why Angel One Features Among These Power Exchange, Wealth and Broking Stocks

Among the three companies on this list, Angel One is a technology-led retail broking company that serves millions of investors through its mobile app and also offers mutual funds, insurance distribution and loans.

The company has a return on equity of 17.3%, a debt to equity ratio of 1.14 and a market capitalisation of Rs 27,666 crore. The stock trades at a P/E of 23.9, below the industry P/E of 32.9.

Revenue rose from Rs 2,297 crore in FY22 to Rs 5,152 crore in FY26, a compound annual growth rate of 22.4%. Net profit grew from Rs 625 crore in FY22 to Rs 915 crore in FY26, which works out to a compound annual growth rate of 10.0%.

Roadmap: The company is growing its client base from smaller cities and adding wealth and loan products, which widens revenue. Heavy use of technology helps it serve clients at low cost.

What to watch: Follow client additions, trading activity and growth in newer product lines.

Indian Energy Exchange vs Anand Rathi Wealth vs Angel One on Key Financials

The table below sets the three power exchange, wealth and broking stocks side by side on revenue, profit and margin, using reported figures.

Company FY22 Revenue (Rs Cr) FY26 Revenue (Rs Cr) Revenue CAGR (FY22-FY26) FY26 Net Profit (Rs Cr) FY26 Net Margin
Indian Energy Exchange 484 747 11.4% 493 66.0%
Anand Rathi Wealth 425 1,253 31.0% 397 31.7%
Angel One 2,297 5,152 22.4% 915 17.8%

Indian Energy Exchange posts the highest return on equity in this group at 36.1%. Angel One has the largest FY26 revenue at Rs 5,152 crore, and Anand Rathi Wealth shows the fastest revenue growth with a 31.0% compound annual rate. A useful habit with power exchange, wealth and broking stocks is to check each new quarterly result against the capacity plans the company described earlier.

Key Risks to Check Before Investing in Power Exchange, Wealth and Broking Stocks

Every theme carries risks that deserve a check before any decision. For these power exchange, wealth and broking stocks, the main points are:

  • Market cycles. Volumes and client activity move with sentiment.
  • Regulation. Rule changes can affect fees and products.
  • Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.

Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.

Use the Univest Stock Screener to filter power exchange, wealth and broking stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Power Exchange, Wealth and Broking Stocks

Power exchange, wealth and broking stocks suit investors who prefer to study business strength before price moves. Indian Energy Exchange, Anand Rathi Wealth and Angel One each have a clear plan to grow. Based on the 23 October 2026 close, Indian Energy Exchange trades at Rs 101.2, Anand Rathi Wealth at Rs 2,235 and Angel One at Rs 279.

Download the Univest iOS App or Univest Android App to track power exchange, wealth and broking stocks, set price alerts and get research-backed stock ideas.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

What are power exchange, wealth and broking stocks?

Ans. Power exchange, wealth and broking stocks are listed financial companies that run an energy exchange, advise affluent families and serve retail investors through apps. Their earnings depend on traded volumes, assets under advice, client additions and market activity. This list looks at three of them, Indian Energy Exchange, Anand Rathi Wealth and Angel One, using reported FY22 to FY26 financials and the 23 October 2026 closing prices.

Which power exchange, wealth and broking stocks are covered in this list?

Ans. This list covers Indian Energy Exchange, Anand Rathi Wealth and Angel One. Based on the 23 October 2026 close, Indian Energy Exchange traded at Rs 101.2, Anand Rathi Wealth at Rs 2,235 and Angel One at Rs 279. Their return on equity ranges from 17.3% to 36.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 11.4% to 31.0%.

Why do power exchange, wealth and broking stocks have a strong future roadmap in India?

Ans. Power exchange, wealth and broking stocks have a strong roadmap in India because growing power trading, rising household wealth and more first-time investors keep widening the market for these services. The main drivers are as follows. Power trading. Wider use of exchanges lifts traded energy. Rising wealth. Affluent families seek advice and planning. Digital access. Mobile apps bring new investors into markets. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Indian Energy Exchange performed financially?

Ans. Revenue rose from Rs 484 crore in FY22 to Rs 747 crore in FY26, a compound annual growth rate of 11.4%. Net profit grew from Rs 309 crore in FY22 to Rs 493 crore in FY26, which works out to a compound annual growth rate of 12.4%. In the June 2026 quarter, revenue grew 10.1% year on year to Rs 203 crore, while net profit rose 11.6% to Rs 135 crore. The company has a return on equity of 36.1%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 9,051 crore. The stock trades at a P/E of 17.8, below the industry P/E of 40.1. Looking ahead, growing power demand, wider participation of renewable producers and new market segments such as green and ancillary products support traded volumes. The platform model needs little capital and keeps the balance sheet clean.

How has Anand Rathi Wealth performed financially?

Ans. Revenue rose from Rs 425 crore in FY22 to Rs 1,253 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 127 crore in FY22 to Rs 397 crore in FY26, which works out to a compound annual growth rate of 33.1%. The company has a return on equity of 35.4%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 36,778 crore. The stock trades at a P/E of 80.7, above the industry P/E of 16.9. Looking ahead, the company is adding clients and relationship managers while deepening wallet share in its existing client base. Rising financial wealth in India supports demand for advice-led services.

How has Angel One performed financially?

Ans. Revenue rose from Rs 2,297 crore in FY22 to Rs 5,152 crore in FY26, a compound annual growth rate of 22.4%. Net profit grew from Rs 625 crore in FY22 to Rs 915 crore in FY26, which works out to a compound annual growth rate of 10.0%. The company has a return on equity of 17.3%, a debt to equity ratio of 1.14 and a market capitalisation of Rs 27,666 crore. The stock trades at a P/E of 23.9, below the industry P/E of 32.9. Looking ahead, the company is growing its client base from smaller cities and adding wealth and loan products, which widens revenue. Heavy use of technology helps it serve clients at low cost.

What risks should investors check before buying power exchange, wealth and broking stocks?

Ans. Investors should check a few risks before buying power exchange, wealth and broking stocks. Market cycles. Volumes and client activity move with sentiment. Regulation. Rule changes can affect fees and products. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.

Is this list of power exchange, wealth and broking stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 23 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.

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