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.

Who are in the management team of ION Exchange?

As of March 2022, the management team of ION Exchange includes Rajesh Sharma (Chairman), Dinesh Sharma, Aankur Patni (Executive Directors), and several independent and non-executive directors, along with Milind Puranik as Company Secretary and Rohit Totla as Whole-Time Director.

As of March 2022, the management team of ION Exchange includes the following individuals:<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 comprises a mix of executive and independent directors, along with a company secretary.

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.

Who are the peers of the ION Exchange?

Peers of ION Exchange include Va Tech Wabag, Inox Green, Enviro Infra, EMS, Rajesh Power, Antony Waste, Concord Enviro, Eco Recyc., and JITF Infra Logis. ION Exchange has excellent capital structure but lower growth and returns compared to peers like Rajesh Power, which has the highest 1-year return at 87.98%.

Peers: The peers of ION Exchange are Va Tech Wabag, Inox Green, Enviro Infra, EMS, Rajesh Power, Antony Waste han, Concord Enviro, Eco Recyc., and JITF Infra Logis.<BR><BR>Quality Snapshot: Excellent management risk is observed at Enviro Infra, Va Tech Wabag, ION Exchange, and Antony Waste han, while Average management risk is found at EMS, Rajesh Power, Concord Enviro, Eco Recyc., and the rest. Below Average management risk is noted at Inox Green. Growth is Excellent at Enviro Infra and Rajesh Power, Good at EMS, and Below Average at Va Tech Wabag, ION Exchange, Antony Waste han, Inox Green, Concord Enviro, and the rest. Capital Structure is Excellent at ION Exchange, Enviro Infra, EMS, and Eco Recyc., Good at Va Tech Wabag and Antony Waste han, Average at Rajesh Power and Concord Enviro, and Below Average at Inox Green.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rajesh Power at 87.98%, while JITF Infra Logis has the lowest at -52.22%. ION Exchange's 1-year return is 7.84%, which is significantly lower than Rajesh Power's return. Additionally, peers with negative six-month returns include EMS, Eco Recyc., and JITF Infra Logis.

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 8,374 Cr and reported net sales of 8,346 Cr and net profit of 634 Cr for March 2025. 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, providing total water management solutions for industries, homes, and communities, and operates within the mid-cap category.<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 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 8,346 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 634 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 8,374 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 40.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.12 <BR>Return on Equity: 17.20% <BR>Price to Book: 6.79<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

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.

How big is ION Exchange?

As of 24th July, Ion Exchange (India) Ltd has a market capitalization of 7,084.00 Cr, with recent Net Sales of 2,737.11 Cr and a Net Profit of 207.81 Cr. The company's Shareholder's Funds are 1,017.91 Cr and Total Assets amount to 2,440.91 Cr.

As of 24th July, Ion Exchange (India) Ltd has a market capitalization of 7,084.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 2,737.11 Cr and a Net Profit of 207.81 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 1,017.91 Cr and Total Assets of 2,440.91 Cr.

When is the next results date for ION Exchange?

The next results date for ION Exchange is July 30, 2025.

The next results date for ION Exchange is scheduled for July 30, 2025.

Are ION Exchange latest results good or bad?

ION Exchange's latest results show strong revenue growth of 25.85% quarter-on-quarter, but declining operating and profit margins indicate challenges in profitability and cash flow, suggesting mixed overall performance.

ION Exchange's latest results present a mixed picture. On one hand, the company achieved a significant revenue increase of 25.85% quarter-on-quarter and 13.88% year-on-year, reaching ₹733.94 crores. This indicates strong sales momentum. However, the underlying profitability metrics raise concerns. <BR><BR>Operating margins have contracted to 9.33%, down from 10.72% in the previous quarter and 10.60% a year ago. Similarly, the profit after tax (PAT) margin has decreased to 6.80% from 8.31% sequentially and 7.86% year-on-year. This margin compression signals deteriorating operational efficiency, primarily attributed to rising employee costs and competitive pressures within the utilities sector.<BR><BR>While net profit saw a slight increase of 1.70% quarter-on-quarter, it declined by 2.77% year-on-year, suggesting challenges in maintaining profitability despite revenue growth. The company's cash flow situation is also concerning, with a significant drop in operating cash flow, indicating difficulties in converting sales into actual cash.<BR><BR>Overall, while the revenue growth is commendable, the declining margins and cash flow issues suggest that the results are not entirely positive, raising questions about the sustainability of profitability moving forward.

Should I buy, sell or hold ION Exchange?

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 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%.

Why is ION Exchange falling/rising?

As of 04-Dec, the stock price of Ion Exchange (India) Ltd is at 342.00, with a slight increase today but a significant decline over time, including a 47.79% drop year-to-date. The stock underperforms against the Sensex and shows bearish trends, compounded by falling investor confidence and modest growth prospects.

As of 04-Dec, the stock price of Ion Exchange (India) Ltd is currently at 342.00, reflecting a slight increase of 0.2 (0.06%). Despite this minor rise today, the stock has shown a significant decline over various periods, including a 1-month drop of 13.80% and a year-to-date decrease of 47.79%. The stock has also reached a new 52-week low of Rs. 337 today, indicating ongoing struggles.<BR><BR>The performance metrics reveal that Ion Exchange has underperformed compared to the Sensex, particularly over the past year, where it generated a return of -50.47% against the Sensex's 5.32%. Additionally, the stock is trading below its moving averages across multiple time frames, which suggests a bearish trend. The falling investor participation, with a delivery volume decrease of 25.21% compared to the 5-day average, further indicates a lack of confidence among investors.<BR><BR>While the company boasts high management efficiency with a return on equity (ROE) of 22.36% and a low debt-to-equity ratio, these positive factors are overshadowed by poor long-term growth prospects. The operating profit growth has been modest at an annual rate of 14.51% over the last five years, and the company's profits have fallen by 2.8% over the past year. This combination of factors contributes to the stock's overall decline, despite a small uptick in price today.

Which are the latest news on ION Exchange?