ION Exchange

Which are the latest news on ION Exchange?

Why is Ion Exchange (India) Ltd falling/rising?

As of 21-Jun, Ion Exchange (India) Ltd's stock price is at 370.45, showing a slight increase but overall underperformance compared to benchmarks. Despite recent gains, the stock has declined over the past month and year, facing challenges such as poor long-term growth and high valuation relative to peers.

As of 21-Jun, Ion Exchange (India) Ltd's stock price is currently at 370.45, reflecting a slight increase of 0.7 (0.19%). Despite this minor rise, the stock has shown a mixed performance over various periods. In the last week, it has outperformed the Sensex with a gain of 6.96% compared to the benchmark's 1.69%. However, over the past month, the stock has declined by 5.22%, while the Sensex has increased by 2.13%. <BR><BR>Year-to-date, Ion Exchange's stock is down 2.77%, which is a better performance than the Sensex's decline of 9.88%. Over the past year, the stock has significantly underperformed, with a drop of 27.18% compared to the Sensex's 5.60% decline. This consistent underperformance is further highlighted by its negative returns over the last three years, where it has generated -8.91% returns, while the benchmark has increased by 21.58%.<BR><BR>The stock's current price movement is influenced by several factors. While there is high management efficiency indicated by a return on equity (ROE) of 19.29% and a low debt-to-equity ratio of 0.02, the company faces challenges such as poor long-term growth, with operating profit declining at an annual rate of -3.31% over the last five years. Recent financial results have also been disappointing, with a significant drop in profit before tax (PBT) and profit after tax (PAT) reported in March, indicating a troubling trend.<BR><BR>Additionally, despite an increase in institutional investor participation, which has risen by 0.53% over the previous quarter, the stock's valuation appears expensive compared to its peers, with a high enterprise value to capital employed ratio of 3.7. This premium pricing, coupled with falling investor participation and a decrease in delivery volume, suggests a lack of confidence among retail investors.<BR><BR>In summary, while there has been a slight uptick in the stock price recently, the overall trend indicates significant challenges and underperformance relative to benchmarks, which are likely contributing to the stock's volatility and mixed sentiment among investors.

Should I buy, sell or hold Ion Exchange (India) Ltd?

How big is ION Exchange?

As of 10th June, Ion Exchange (India) Ltd has a market capitalization of 5,028.00 Cr, with recent net sales of 2,914.84 Cr and a net profit of 142.67 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Ion Exchange (India) Ltd has a market capitalization of 5,028.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,914.84 Cr, while the sum of Net Profit for the same period is 142.67 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 1,207.87 Cr, and Total Assets are valued at 2,979.24 Cr.

Who are in the management team of ION Exchange?

The management team of ION Exchange includes key members such as Rajesh Sharma (Chairman), Dinesh Sharma, Aankur Patni (Executive Directors), and several Independent Non-Executive Directors. They are responsible for guiding the company's strategic direction and operations.

The management team of ION Exchange includes the following key members:<BR><BR>1. **Rajesh Sharma** - Chairman / Executive Director<BR>2. **Dinesh Sharma** - Executive Director<BR>3. **Aankur Patni** - Executive Director<BR>4. **V N Gupchup** - Independent Non-Executive Director<BR>5. **M P Patni** - Non-Executive Director<BR>6. **T M M Nambiar** - Independent Non-Executive Director<BR>7. **P Sampathkumar** - Independent Non-Executive Director<BR>8. **Abhiram Seth** - Independent Non-Executive Director<BR>9. **Shishir Tamotia** - Independent Non-Executive Director<BR>10. **K J Udeshi** - Independent Non-Executive Director<BR>11. **David Rasquinha** - Independent Non-Executive Director<BR>12. **Sanjay Vithalrao Joshi** - Independent Non-Executive Director<BR>13. **Milind Puranik** - Company Secretary<BR>14. **Rohit Ghanshyamdas Totla** - Whole-Time Director & Additional Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the ION Exchange?

ION Exchange's peers include Va Tech Wabag, Inox Green, Enviro Infra, EMS, Rajesh Power, Antony Waste, Eco Recyc., JITF Infra Logis, Denta Water, and Concord Enviro. Management risk varies from excellent at ION Exchange and Va Tech Wabag to below average at Inox Green, with growth and capital structure ratings also differing among peers.

Peers: The peers of ION Exchange are Va Tech Wabag, Inox Green, Enviro Infra, EMS, Rajesh Power, Antony Waste han, Eco Recyc., JITF Infra Logis, Denta Water, and Concord Enviro.<BR><BR>Quality Snapshot: Excellent management risk is observed at ION Exchange and Va Tech Wabag, while Average management risk is found at Enviro Infra, EMS, Rajesh Power, Antony Waste han, Eco Recyc., Denta Water, and Concord Enviro, and Below Average management risk is noted at Inox Green. Growth is rated as Excellent for Rajesh Power and Eco Recyc., while Good growth is seen at Inox Green, and Below Average growth is present at ION Exchange, Va Tech Wabag, Enviro Infra, EMS, Antony Waste han, and Denta Water, with the rest showing Below Average growth. Capital Structure is Excellent for ION Exchange, Enviro Infra, EMS, and Eco Recyc., Good for Va Tech Wabag and Rajesh Power, and Average for Antony Waste han, while the rest have Below Average capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Inox Green at 3.30%, while the peer with the lowest is EMS at -49.13%. ION Exchange's 1-year return is -38.97%, which is significantly lower than Inox Green's and higher than EMS's. Additionally, peers with negative six-month returns include EMS, Rajesh Power, and Denta Water.

What does ION Exchange do?

Ion Exchange (India) Ltd is a leading provider of water treatment solutions in India, established in 1964, with a market cap of INR 5,028 Cr and reported net sales of 863 Cr and net profit of 24 Cr for March 2026. The company focuses on total water management for industries, homes, and communities.

Overview: <BR>Ion Exchange (India) Ltd is a leader in the Indian water treatment industry, offering total water management solutions for industry, homes, and communities, and operates within the small-cap market.<BR><BR>History: <BR>Ion Exchange (India) Ltd was established on March 6, 1964. It was a subsidiary of British Permutit until 1985 when it became a wholly Indian company after Permutit divested its holdings. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 863 Cr (Quarterly Results - Mar 2026) <BR>- Net Profit: 24 Cr (Quarterly Results - Mar 2026) <BR>- Market Cap: INR 5,028 Cr (Small Cap) <BR><BR>Key Metrics: <BR>- P/E: 32.00 <BR>- Industry P/E: 37 <BR>- Dividend Yield: 0.00% <BR>- Debt-Equity: 0.12 <BR>- Return on Equity: 11.56% <BR>- Price to Book: 3.80 <BR><BR>Contact Details: <BR>Address: Ion House P O Box 6273, Dr E Moses Road Mahalaxmi Mumbai Maharashtra : 400011 <BR>Tel: 91-22-39890909 <BR>Email: ieil@ionexchange.co.in <BR>Website: http://www.ionindia.com

Are Ion Exchange (India) Ltd latest results good or bad?

Ion Exchange (India) Ltd's latest Q4 FY26 results show record revenue growth of 3.44% year-on-year, but a significant 61.89% decline in net profit and the lowest operating margin in eight quarters indicate serious operational challenges, making the overall performance more negative than positive. Investors should be cautious until signs of recovery emerge.

Ion Exchange (India) Ltd's latest results for Q4 FY26 reflect a challenging performance overall. While the company achieved a record revenue of ₹863.27 crores, marking a 3.44% increase year-on-year and a 17.54% increase quarter-on-quarter, this growth is overshadowed by significant declines in profitability.<BR><BR>The net profit for the quarter was ₹24.14 crores, which represents a staggering 61.89% decrease compared to the same quarter last year. This decline indicates severe pressure on the company's bottom line despite the revenue growth. Additionally, the operating margin, excluding other income, fell to 2.30%, the lowest in eight quarters, down from 10.29% in Q4 FY25. This 800 basis point drop highlights significant operational challenges.<BR><BR>The company's reliance on non-operating income is also concerning, as it constituted 132.87% of profit before tax, suggesting that core operations are struggling to generate adequate returns. Furthermore, rising employee costs and interest expenses have compounded the financial strain, leading to a negative cash flow from operations.<BR><BR>In summary, while Ion Exchange has shown revenue growth, the substantial decline in net profit and operating margins indicates serious underlying issues, making the latest results more negative than positive. Investors should approach the company with caution until there are clear signs of operational recovery.

When is the next results date for Ion Exchange (India) Ltd?

The next results date for Ion Exchange (India) Ltd is 26 May 2026.

The next results date for Ion Exchange (India) Ltd is scheduled for 26 May 2026.

Is ION Exchange overvalued or undervalued?

As of December 2, 2025, ION Exchange is considered very attractive and undervalued, with a PE Ratio of 23.73, an EV to EBITDA of 17.16, and a ROCE of 18.51%, significantly lower than peers like Thermax and BEML Ltd, despite a year-to-date return of -48.09% compared to the Sensex's 8.96%, but with a promising long-term outlook reflected in a 5-year return of 315.77%.

As of 2 December 2025, the valuation grade for ION Exchange has moved from attractive to very attractive, indicating a significant positive shift in its perceived value. The company is currently assessed as undervalued. Key ratios include a PE Ratio of 23.73, an EV to EBITDA of 17.16, and a ROCE of 18.51%. <BR><BR>In comparison to its peers, ION Exchange's PE Ratio is substantially lower than Thermax's 58.7 and BEML Ltd's 50.43, both of which are categorized as expensive. Additionally, the PEG Ratio for ION Exchange stands at 0.00, suggesting that the stock may be undervalued relative to its growth potential. Despite recent underperformance against the Sensex, with a year-to-date return of -48.09% compared to the Sensex's 8.96%, the long-term outlook remains promising, as evidenced by a 5-year return of 315.77%.

How has been the historical performance of ION Exchange?

ION Exchange has shown consistent growth in net sales and profits from March 2019 to March 2025, with net sales increasing from 1,162.28 Cr to 2,737.11 Cr and profit after tax rising from 65.34 Cr to 207.25 Cr. The company's total assets and liabilities also grew significantly during this period, indicating robust financial health.

Answer:<BR>The historical performance of ION Exchange shows a consistent growth trajectory in net sales and profit over the years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>ION Exchange's net sales have steadily increased from 1,162.28 Cr in March 2019 to 2,737.11 Cr in March 2025, reflecting a strong upward trend. Total operating income followed suit, rising from 1,576.87 Cr in March 2022 to 2,737.11 Cr in March 2025. The company's operating profit (PBDIT) also demonstrated growth, reaching 342.43 Cr in March 2025, up from 139.90 Cr in March 2019. Profit before tax increased from 101.27 Cr in March 2019 to 284.48 Cr in March 2025, while profit after tax rose from 65.34 Cr to 207.25 Cr over the same period. The total assets of the company grew significantly from 1,380.79 Cr in March 2020 to 2,979.24 Cr in March 2025, indicating robust asset accumulation. Total liabilities also increased, from 1,380.79 Cr in March 2020 to 2,979.24 Cr in March 2025, driven by higher long-term borrowings. Cash flow from operating activities, however, showed fluctuations, peaking at 197 Cr in March 2021 before declining to 32 Cr in March 2025. Overall, ION Exchange has demonstrated strong revenue growth and profitability, alongside increasing asset and liability levels.

Is ION Exchange technically bullish or bearish?

As of July 21, 2025, the technical trend is mildly bearish, primarily due to daily moving averages, despite mixed signals from weekly and monthly indicators.

As of 21 July 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook. The weekly MACD is mildly bullish, but the monthly MACD and Bollinger Bands are both mildly bearish, suggesting mixed signals across different time frames. The KST shows bullishness on the weekly but bearishness on the monthly, while the Dow Theory indicates no trend on the weekly and mildly bullish on the monthly. Overall, the strength of the bearish stance is supported by the daily moving averages and the monthly indicators, despite some bullish signals on the weekly charts.

Who are the top shareholders of the ION Exchange?

The top shareholders of ION Exchange include Rajesh Sharma with 5.62%, Nippon Life India Trustee Ltd at 5.6%, and individual investors holding 31.65%. Institutional investors, including mutual funds and foreign institutional investors, collectively hold 16.98%.

The top shareholders of ION Exchange include a mix of individual and institutional investors. The promoter with the highest holding is Rajesh Sharma, who owns 5.62% of the company. Additionally, Nippon Life India Trustee Ltd holds 5.6% through various funds, making it the highest public shareholder. The company also has significant individual investor holdings, which account for 31.65%. On the institutional side, mutual funds collectively hold 11.48% across 11 schemes, while foreign institutional investors (FIIs) hold 5.5% through 101 different entities. There are no pledged promoter holdings reported.

Has ION Exchange declared dividend?

Ion Exchange (India) Ltd has declared a 150% dividend, with an ex-date of September 3, 2024. Despite this, the dividend yield is 0%, but the company has shown strong total returns over various periods, particularly in the long term.

Ion Exchange (India) Ltd has declared a 150% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 150%<BR>- Ex-date: 03 Sep 24<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -23.19%, with a dividend return of 0%, resulting in a total return of -23.19%.<BR><BR>Over the past year, the price return was 10.14%, with a dividend return of 0%, leading to a total return of 10.14%.<BR><BR>In the 2-year period, the price return was 33.11%, with a dividend return of 0%, giving a total return of 33.11%.<BR><BR>For the last 3 years, the price return was 183.51%, with a dividend return of 5.62%, resulting in a total return of 189.13%.<BR><BR>In the 4-year period, the price return was 233.0%, with a dividend return of 9.54%, culminating in a total return of 242.54%.<BR><BR>Over the past 5 years, the price return was 673.27%, with a dividend return of 30.73%, leading to a total return of 704.0%.<BR><BR>Overall, Ion Exchange (India) Ltd has declared a significant dividend, but the dividend yield remains at 0%. The total returns over various periods show a strong performance, particularly in the longer term, indicating solid growth despite recent fluctuations.