ION Exchange

Which are the latest news on ION Exchange?

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

As of 05-Sep, Ion Exchange (India) Ltd's stock price has risen to 409.45, reflecting a 7.0% increase due to strong buying interest and improved trading activity. Despite recent positive trends, the company has faced long-term challenges, including negative results in the last three quarters.

As of 05-Sep, Ion Exchange (India) Ltd is experiencing a rise in its stock price, currently at 409.45, reflecting a change of 26.8 or 7.0% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 7.53% today and has shown a consecutive gain over the last four days, accumulating a total return of 12.49% during this period. Additionally, the stock reached an intraday high of Rs 412, indicating strong buying interest.<BR><BR>The trading activity also suggests increased investor participation, with delivery volume rising by 96.84% compared to the five-day average, which indicates heightened interest from investors. Furthermore, Ion Exchange is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bullish trend.<BR><BR>Moreover, the company benefits from high management efficiency, as evidenced by a return on equity (ROE) of 19.29%, and a low debt-to-equity ratio of 0.02, suggesting a strong financial position. Institutional holdings are also significant at 20.18%, with an increase of 0.76% in their stake over the previous quarter, indicating confidence from larger investors.<BR><BR>However, it is important to note that despite the recent positive price movement, the company has faced challenges in the long term, including negative results for the last three consecutive quarters and poor growth in operating profit over the past five years. Nonetheless, the current rise in stock price appears to be driven by short-term positive performance indicators and increased investor interest.

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 like V N Gupchup and T M M Nambiar, among others, who guide the company's strategic direction.

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.

What does ION Exchange do?

Ion Exchange (India) Ltd specializes in water treatment solutions for various sectors and is a small-cap company with a market cap of INR 5,376 Cr. As of June 2026, it reported net sales of 700 Cr and a net profit of 4 Cr.

Overview:<BR>Ion Exchange (India) Ltd is a leader in the Indian water treatment industry, offering total water management solutions for industries, homes, and communities, and operates within the small-cap market segment.<BR><BR>History:<BR>Established on March 6, 1964, Ion Exchange became a wholly Indian company after British Permutit divested its holdings in 1985. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 700 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 4 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 5,376 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 48.00<BR>- Industry P/E: 41<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.12<BR>- Return on Equity: 11.56%<BR>- Price to Book: 4.06<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

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, Eco Recyc., JITF Infra Logis, and Denta Water. Va Tech Wabag shows the highest 1-year return at 35.64%, while Rajesh Power has the lowest at -48.33%, with ION Exchange at -12.78%.

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, and Denta Water.<BR><BR>Quality Snapshot: Excellent management risk is observed at Va Tech Wabag and ION Exchange, while Average management risk is found at Enviro Infra, EMS, Rajesh Power, Antony Waste han, Eco Recyc., and Denta Water, and the rest. Below Average management risk is noted for Inox Green. Growth is Excellent at Rajesh Power and Eco Recyc., while Good growth is seen at Inox Green, and the rest exhibit Below Average growth. Capital Structure is Excellent at ION Exchange, Enviro Infra, EMS, and Eco Recyc., while Good capital structure is found at Va Tech Wabag and Rajesh Power, and the rest have Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Va Tech Wabag at 35.64%, while Rajesh Power has the lowest at -48.33%, with ION Exchange's own return at -12.78% being significantly lower than Va Tech Wabag's. Additionally, EMS, Rajesh Power, Antony Waste han, Eco Recyc., and Denta Water all have negative six-month returns.

How big is ION Exchange?

As of 31st August, Ion Exchange (India) Ltd has a market capitalization of 5,376.00 Cr, with recent Net Sales of 3,032.11 Cr and a Net Profit of 98.08 Cr. Shareholder's Funds are 1,339.03 Cr and Total Assets are 3,365.54 Cr.

As of 31st August, Ion Exchange (India) Ltd has a market capitalization of 5,376.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 3,032.11 Cr and a Net Profit of 98.08 Cr.<BR><BR>For the latest annual period ending in March 2026, the Shareholder's Funds amounted to 1,339.03 Cr, while the Total Assets were valued at 3,365.54 Cr.

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

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

The next results date for Ion Exchange (India) Ltd is August 5, 2026.

The next results date for Ion Exchange (India) Ltd is scheduled for August 5, 2026.

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.

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.