Tropical cyclones (TC) are one of the deadliest natural meteorological hazards and the most frequent cause of natural disasters. The El-Niño Southern Oscillation (ENSO), a tropical ocean-atmosphere interaction, is known to significantly impact cyclonic systems over global ocean basins. This study investigates the variability of TC activity in presence of ENSO over the North Indian Ocean (NIO), comprising of the Arabian Sea (ARB) and the Bay of Bengal (BOB) basins during the pre- and post-monsoon season, using accumulated cyclone energy (ACE) over the last 26 years. Our analysis reveals a significant rise in cyclone intensity over the past two decades, with eight of the ten most active years occurring since the 2000s. Total ACE over the NIO is found to be higher in La-Niña. Higher ACE observed over ARB is strongly associated with a combination of elevated sea surface height (SSH) anomaly and low vertical wind shear during the El-Niño episodes, with higher sea surface temperatures (SST) during the post-monsoon season. Whereas in the BOB, El Niño not only reduces ACE but also decreases basin-wide variability, and more pronounced effect during the post-monsoon season, coinciding with warmer SST and higher SSH along the coast during La-Niña.