ION Exchange

  • Market Cap: Small Cap
  • Industry: Other Utilities
  • ISIN: INE570A01022
  • NSEID: IONEXCHANG
  • BSEID: 500214
INR
319.95
-17.8 (-5.27%)
BSENSE

Mar 23

BSE+NSE Vol: 3.91 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

3.91 lacs (40.32%) Volume

Shareholding (Dec 2025)

FII

4.68%

Held by 93 FIIs

DII

2.62%

Held by 15 DIIs

Promoter

25.58%

Who are the top shareholders of the ION Exchange?

06-Jun-2025

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.

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Who are in the management team of ION Exchange?

06-Jun-2025

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.

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Has ION Exchange declared dividend?

06-Jun-2025

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.

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Who are the peers of the ION Exchange?

03-Jun-2025

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.

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What does ION Exchange do?

17-Jul-2025

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

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Is ION Exchange technically bullish or bearish?

22-Jul-2025

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.

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How big is ION Exchange?

24-Jul-2025

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.

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How has been the historical performance of ION Exchange?

06-Nov-2025

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.

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Is ION Exchange overvalued or undervalued?

03-Dec-2025

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%.

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

21-Jan-2026

The next results date for Ion Exchange (India) Ltd is January 29, 2026.

The next results date for Ion Exchange (India) Ltd is scheduled for January 29, 2026.

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

29-Jan-2026

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

30-Jan-2026

Ion Exchange (India) Ltd's latest Q2 FY26 results show strong revenue growth of 25.85% QoQ, but profitability is concerning with declining margins and a slight YoY drop in net profit. Investors should be cautious due to these operational challenges.

Ion Exchange (India) Ltd's latest results for Q2 FY26 present a mixed picture. On one hand, the company achieved a significant revenue growth of 25.85% quarter-on-quarter (QoQ), reaching ₹733.94 crores, and a year-on-year (YoY) increase of 13.88%. This indicates strong demand and order execution capabilities in the water treatment sector.<BR><BR>However, the profitability metrics reveal concerning trends. The net profit for the quarter was ₹49.53 crores, showing a modest sequential increase of 1.70%, but a decline of 2.77% compared to the same quarter last year. More troubling is the sharp contraction in operating margins, which fell to 9.33% from 10.72% in the previous quarter, marking the lowest level in recent quarters. The profit after tax margin also decreased to 6.80%, down from 8.31% QoQ.<BR><BR>Overall, while the revenue growth is commendable, the significant margin compression and declining profitability raise concerns about the company's operational efficiency and ability to convert sales into profits. This situation suggests that investors should approach the stock with caution, as the financial performance indicates underlying challenges that need to be addressed.

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

17-Mar-2026

As of 17-Mar, Ion Exchange (India) Ltd's stock price is Rs 329.70, down 3.51%, reflecting a significant decline over the past month and year-to-date. The stock's poor performance is attributed to negative financial results, declining investor interest, and underperformance compared to the Sensex.

As of 17-Mar, Ion Exchange (India) Ltd is experiencing a decline in its stock price, currently at Rs 329.70, which reflects a change of -12.0 (-3.51%). This downward trend is supported by several factors. Over the past week, the stock has decreased by 4.30%, significantly underperforming the Sensex, which fell by only 2.73%. In the last month, the stock has dropped by 14.61%, while the Sensex has declined by 8.84%. Year-to-date, the stock is down 13.46%, compared to a 10.74% decrease in the Sensex.<BR><BR>The stock is also close to its 52-week low, just 2.31% above Rs 322.1, indicating a weak performance. On the trading day prior, the stock reached an intraday low of Rs 328.1, marking a 3.98% decrease. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend.<BR><BR>Investor participation appears to be declining, with delivery volume falling by 24.83% compared to the 5-day average. This lack of interest from investors further contributes to the stock's poor performance. The company has also reported negative financial results, with a significant drop in profit before tax and profit after tax in the most recent quarter, indicating ongoing challenges in its financial health.<BR><BR>Overall, the combination of poor short-term and long-term growth prospects, as evidenced by the stock's substantial decline over the past year and underperformance relative to benchmarks, is driving the stock price lower.

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

18-Mar-2026

As of 18-Mar, Ion Exchange (India) Ltd's stock price has risen to Rs 340.00, reflecting a 3.33% increase today, driven by higher investor participation. However, the stock has a -27.81% return over the past year and faces long-term growth challenges.

As of 18-Mar, Ion Exchange (India) Ltd is experiencing a rise in its stock price, currently at Rs 340.00, reflecting an increase of Rs 10.95 or 3.33%. This upward movement is notable as the stock has outperformed its sector by 1.42% today and reached an intraday high of Rs 342.4, which is a 4.06% increase. Additionally, there has been a rise in investor participation, with delivery volume increasing by 8.61% compared to the 5-day average.<BR><BR>Despite this positive performance today, the stock has faced challenges in the longer term. Over the past year, it has generated a return of -27.81%, and its profits have declined by -10.7%. The stock is currently trading below its moving averages across various time frames, indicating a potential weakness in its price trend. Furthermore, the company has shown poor long-term growth, with operating profit growing at an annual rate of only 11.48% over the last five years.<BR><BR>In summary, while Ion Exchange (India) Ltd is seeing a rise in its stock price today due to increased investor activity and sector outperformance, it continues to grapple with significant long-term challenges that have led to substantial declines in its stock performance over the past year.

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

19-Mar-2026

As of 19-Mar, Ion Exchange (India) Ltd's stock price has risen to 344.10, reflecting short-term gains despite a long-term return of -28.56%. The stock's recent performance is overshadowed by declining investor interest and poor growth prospects.

As of 19-Mar, Ion Exchange (India) Ltd is experiencing a rise in its stock price, currently at 344.10, with an increase of 5.25 (1.55%). This upward movement can be attributed to a few key factors. Firstly, the stock has outperformed its sector by 3.18% today and has shown consecutive gains over the last two days, accumulating a total return of 4.57% during this period. <BR><BR>Despite these positive short-term movements, it is important to note that the stock has been underperforming in the longer term. Over the past year, it has generated a return of -28.56%, significantly lagging behind the market, which has seen a return of 1.22%. Additionally, the stock is trading below its moving averages across various time frames, indicating a potential weakness in momentum.<BR><BR>Investor participation has also declined, with delivery volume falling by 43.89% compared to the 5-day average, suggesting a decrease in trading interest. While the company boasts high management efficiency and a low debt-to-equity ratio, the overall sentiment remains cautious due to poor long-term growth prospects and negative financial results reported recently.<BR><BR>In summary, while Ion Exchange (India) Ltd is currently rising in price due to short-term gains and sector outperformance, the broader context of its long-term underperformance and declining investor participation raises concerns about its sustainability.

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

20-Mar-2026

As of 20-Mar, Ion Exchange (India) Ltd's stock price is declining, currently at 337.00, reflecting a 1.48% decrease. The stock has underperformed significantly over the past month and year, trading below its moving averages and nearing its 52-week low, indicating a bearish trend and a concerning financial outlook.

As of 20-Mar, Ion Exchange (India) Ltd's stock price is falling, currently at 337.00, which reflects a decrease of 5.05 or 1.48%. The stock has shown a negative performance over various time periods, including a decline of 11.94% over the past month and a significant drop of 29.52% over the last year. This underperformance is compounded by the fact that the stock has fallen after two consecutive days of gains, indicating a potential trend reversal.<BR><BR>Additionally, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Investor participation appears to be declining, as evidenced by a 14.73% drop in delivery volume compared to the 5-day average. Furthermore, the stock is close to its 52-week low, being just 4.42% away from the low of Rs 322.1.<BR><BR>Financially, the company has faced challenges, with profits falling by 10.7% over the past year, and its operating profit growth has been lackluster at an annual rate of 11.48% over the last five years. The recent negative results reported for December, including a 44.41% decline in profit before tax and a 33.1% drop in profit after tax, further contribute to the stock's downward pressure. Overall, these factors indicate a concerning outlook for Ion Exchange (India) Ltd, leading to its current decline in stock price.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor long term growth as Operating profit has grown by an annual rate 11.48% of over the last 5 years

 
2

Negative results in Dec 25

3

Below par performance in long term as well as near term

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Other Utilities

stock-summary
Market cap

INR 4,766 Cr (Small Cap)

stock-summary
P/E

24.00

stock-summary
Industry P/E

32

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.02

stock-summary
Return on Equity

16.26%

stock-summary
Price to Book

3.82

Revenue and Profits:
Net Sales:
734 Cr
(Quarterly Results - Dec 2025)
Net Profit:
20 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-13.85%
0%
-13.85%
6 Months
-24.67%
0%
-24.67%
1 Year
-35.42%
0%
-35.42%
2 Years
-34.76%
0%
-34.76%
3 Years
-7.15%
0%
-7.15%
4 Years
94.63%
5.90%
100.53%
5 Years
132.41%
16.44%
148.85%

Latest dividend: 10 per share ex-dividend date: Aug-29-2022

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Ion Exchange (India) Ltd’s Volatile Week: -2.71% Amid Mixed Technical Signals

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Credit Rating

19-Mar-2026 | Source : BSE

Disclosure of reaffirmation of Credit Rating pursuant to Regulation 30 of SEBI (LODR) 2015

Board Meeting Outcome for Outcome Of Board Meeting

18-Mar-2026 | Source : BSE

ION Exchange (India) Limited has informed the Exchange regarding Outcome of Board Meeting held on March 18 2026.

Update On Litigation Matter

06-Mar-2026 | Source : BSE

ION Exchange (India) Limited has informed the Exchange about update on the Litigation matter

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Ion Exchange (India) Ltd has declared 150% dividend, ex-date: 02 Sep 25

stock-summary
SPLITS

Ion Exchange (India) Ltd has announced 1:10 stock split, ex-date: 12 Jun 23

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
16.32%
EBIT Growth (5y)
11.48%
EBIT to Interest (avg)
19.12
Debt to EBITDA (avg)
0.56
Net Debt to Equity (avg)
0.02
Sales to Capital Employed (avg)
2.12
Tax Ratio
26.43%
Dividend Payout Ratio
10.27%
Pledged Shares
0
Institutional Holding
18.89%
ROCE (avg)
82.18%
ROE (avg)
22.36%

Valuation key factors

Factor
Value
P/E Ratio
24
Industry P/E
32
Price to Book Value
3.63
EV to EBIT
21.34
EV to EBITDA
17.10
EV to Capital Employed
3.57
EV to Sales
1.64
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
18.51%
ROE (Latest)
16.26%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 11 Schemes (11.56%)

FIIs

Held by 93 FIIs (4.68%)

Promoter with highest holding

Rajesh Sharma (5.64%)

Highest Public shareholder

Nippon Life India Trustee Ltd-a/c Nippon India Small Cap Fund (5.39%)

Individual Investors Holdings

32.06%

stock-summaryFinancial
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        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 7.83% vs 21.49% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -17.95% vs 17.23% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,051.57",
          "val2": "1,902.55",
          "chgp": "7.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "190.28",
          "val2": "207.98",
          "chgp": "-8.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "13.21",
          "val2": "9.85",
          "chgp": "34.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-16.97",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "118.53",
          "val2": "144.46",
          "chgp": "-17.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.27%",
          "val2": "10.93%",
          "chgp": "-1.66%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 16.58% vs 18.01% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 6.01% vs -0.37% in Mar 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,737.11",
          "val2": "2,347.85",
          "chgp": "16.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "293.82",
          "val2": "271.95",
          "chgp": "8.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "13.46",
          "val2": "12.06",
          "chgp": "11.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "207.81",
          "val2": "196.02",
          "chgp": "6.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.73%",
          "val2": "11.58%",
          "chgp": "-0.85%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'25 - YoYstock-summary

Dec'25
Dec'24
Change(%)
Net Sales
734.44
690.51
6.36%
Operating Profit (PBDIT) excl Other Income
59.25
75.47
-21.49%
Interest
7.57
3.30
129.39%
Exceptional Items
-16.97
0.00
Consolidate Net Profit
20.30
48.56
-58.20%
Operating Profit Margin (Excl OI)
8.07%
10.93%
-2.86%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2025 is 6.36% vs 24.67% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2025 is -58.20% vs 2.32% in Dec 2024

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
1,317.13
1,212.04
8.67%
Operating Profit (PBDIT) excl Other Income
131.03
132.51
-1.12%
Interest
5.64
6.55
-13.89%
Exceptional Items
0.00
0.00
Consolidate Net Profit
98.23
95.90
2.43%
Operating Profit Margin (Excl OI)
9.95%
10.93%
-0.98%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 8.67% vs 19.74% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 2.43% vs 26.57% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
2,051.57
1,902.55
7.83%
Operating Profit (PBDIT) excl Other Income
190.28
207.98
-8.51%
Interest
13.21
9.85
34.11%
Exceptional Items
-16.97
0.00
Consolidate Net Profit
118.53
144.46
-17.95%
Operating Profit Margin (Excl OI)
9.27%
10.93%
-1.66%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 7.83% vs 21.49% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is -17.95% vs 17.23% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
2,737.11
2,347.85
16.58%
Operating Profit (PBDIT) excl Other Income
293.82
271.95
8.04%
Interest
13.46
12.06
11.61%
Exceptional Items
0.00
0.00
Consolidate Net Profit
207.81
196.02
6.01%
Operating Profit Margin (Excl OI)
10.73%
11.58%
-0.85%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 16.58% vs 18.01% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 6.01% vs -0.37% in Mar 2024

stock-summaryCompany CV
About Ion Exchange (India) Ltd stock-summary
stock-summary
Ion Exchange (India) Ltd
Small Cap
Other Utilities
Ion Exchange (India) Limited, established on March 6, 1964 is a leader in Indian water treatment Industry offers total water management solutions for Industry, Homes and Communities. It is one of the very few companies in the world with a range of technologies, products and services that cover the entire spectrum of water and waste-water treatment. A subsidiary of British Permutit till 1985, it became a wholly Indian company when Permutit divested its holdings.
Company Coordinates stock-summary
Company Details
Ion House P O Box 6273, Dr E Moses Road Mahalaxmi Mumbai Maharashtra : 400011
stock-summary
Tel: 91-22-39890909
stock-summary
ieil@ionexchange.co.in
Registrar Details
TSR Darashaw Ltd, 6-10 , Haji Moosa Patrawala Indl. Est , 20 Dr.E.Moses Road , Mahalaxmi , Mumbai