ION Exchange

  • Market Cap: Small Cap
  • Industry: Other Utilities
  • ISIN: INE570A01022
  • NSEID: IONEXCHANG
  • BSEID: 500214
INR
344.50
13.5 (4.08%)
BSENSE

Mar 25

BSE+NSE Vol: 2.92 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

2.92 lacs (-13.97%) 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?

23-Mar-2026

As of 23-Mar, Ion Exchange (India) Ltd's stock price is declining, currently at Rs. 319.95, with a significant drop of -17.8 (-5.27%) and a new 52-week low of Rs. 312.3. The stock has underperformed the Sensex over various time frames, reflecting poor financial results and decreased investor interest.

As of 23-Mar, Ion Exchange (India) Ltd is experiencing a decline in its stock price, currently at Rs. 319.95, which reflects a change of -17.8 (-5.27%). The stock has hit a new 52-week low of Rs. 312.3 today, indicating significant downward pressure. Over the past week, the stock has underperformed, with a decrease of -6.37%, compared to a -3.72% decline in the Sensex. <BR><BR>In the last month, Ion Exchange has fallen by -16.80%, while the benchmark has decreased by -12.72%. Year-to-date, the stock is down -16.02%, again underperforming the Sensex, which has declined by -14.70%. Over the past year, the stock has generated a return of -35.42%, significantly worse than the Sensex's -5.47% decline.<BR><BR>Today's performance shows that the stock has been losing for the last two days, with a total drop of -6.46% during this period. The stock's volatility is high, with an intraday volatility of 5.47%, and it has traded below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by -26.91% compared to the 5-day average.<BR><BR>The company's financial performance has also contributed to the stock's decline. Despite having a high return on equity (ROE) of 22.36% and a low debt-to-equity ratio, the operating profit growth has been poor, with a reported decline in profits of -10.7% over the past year. Recent negative results, including a -44.41% drop in profit before tax and a -33.1% decrease in profit after tax, further highlight the company's struggles.<BR><BR>Overall, the combination of poor recent performance, declining investor interest, and negative financial results has led to the falling stock price of Ion Exchange (India) Ltd.

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

24-Mar-2026

As of 24-Mar, Ion Exchange (India) Ltd's stock price has risen to 331.00, up 4.37%, driven by strong market interest and increased trading activity. However, the company still faces long-term challenges, including a year-to-date decline of 13.12% and a 10.7% drop in profits.

As of 24-Mar, Ion Exchange (India) Ltd is experiencing a rise in its stock price, currently at 331.00, reflecting an increase of 13.85 or 4.37%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 2.12% today, indicating a positive trend relative to its peers. Additionally, it opened with a gain of 2% and reached an intraday high of Rs 334.95, showcasing strong market interest.<BR><BR>The stock's performance today marks a trend reversal, as it has gained after two consecutive days of decline, suggesting a potential recovery phase. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 78.46% compared to the five-day average, indicating heightened trading activity and interest in the stock.<BR><BR>Despite these positive indicators, it is important to note that Ion Exchange has faced challenges over the longer term, with a year-to-date decline of 13.12% and a significant drop of 34.63% over the past year. The company's profits have also decreased by 10.7% during this period. However, the current rise in stock price appears to be driven by short-term market dynamics rather than a fundamental turnaround in the company's long-term growth prospects.

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

25-Mar-2026

As of 25-Mar, Ion Exchange (India) Ltd's stock price has risen to 344.50, reflecting a 4.08% increase due to strong short-term performance, increased investor interest, and sector gains, despite a significant decline over the past year. The stock has outperformed its sector today and shows signs of a short-term recovery.

As of 25-Mar, Ion Exchange (India) Ltd is experiencing a rise in its stock price, currently at 344.50, which reflects an increase of 13.5 or 4.08%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.9% today and has been on a consecutive gain for the last two days, accumulating a total return of 8.62% during this period. Additionally, the stock opened with a gain of 2.05% today and reached an intraday high of Rs 350.4, marking a rise of 5.86%.<BR><BR>Investor participation has also increased, as evidenced by a significant rise in delivery volume, which was 4.46 lacs on 24 March, up by 226.35% compared to the 5-day average. Furthermore, the engineering sector, specifically industrial equipment, has gained by 2.18%, contributing positively to the stock's performance.<BR><BR>Despite the stock's decline of 28.35% over the past year and a year-to-date decline of 9.58%, the current performance indicates a short-term recovery. The company maintains a high management efficiency with a return on equity (ROE) of 22.36% and a low debt-to-equity ratio, which supports its valuation. Overall, the combination of positive short-term performance, increased investor interest, and sector gains has led to the rise in Ion Exchange (India) Ltd's 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 Jan 70

 
3

Underperformed the market in the last 1 year

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Other Utilities

stock-summary
Market cap

INR 4,982 Cr (Small Cap)

stock-summary
P/E

26.00

stock-summary
Industry P/E

31

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.02

stock-summary
Return on Equity

16.26%

stock-summary
Price to Book

3.76

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
-6.55%
0%
-6.55%
6 Months
-16.39%
0%
-16.39%
1 Year
-28.35%
0%
-28.35%
2 Years
-29.75%
0%
-29.75%
3 Years
2.63%
0%
2.63%
4 Years
109.31%
5.77%
115.08%
5 Years
162.94%
16.40%
179.34%

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

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

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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
26
Industry P/E
31
Price to Book Value
3.91
EV to EBIT
22.97
EV to EBITDA
18.41
EV to Capital Employed
3.84
EV to Sales
1.76
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
18.51%
ROE (Latest)
16.26%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
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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        },
        {
          "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