ION Exchange

Which are the latest news on ION Exchange?

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

As of 10-Jun, Ion Exchange (India) Ltd's stock price is declining at 337.15, down 2.82%, with significant short-term underperformance and a consistent downward trend indicated by trading below all major moving averages. The company faces long-term growth challenges, evidenced by a -39.34% return over the past year and declining operating profits.

As of 10-Jun, Ion Exchange (India) Ltd is experiencing a decline in its stock price, currently at 337.15, which reflects a change of -9.8 or -2.82%. The stock has underperformed significantly in the short term, with a 1-week decline of -4.68% and a 1-month drop of -19.54%, compared to the Sensex, which has only decreased by -0.49% and -4.33% respectively during the same periods. <BR><BR>Today, the stock has also underperformed its sector by -2.12%, reaching an intraday low of Rs 336, which is a decrease of -3.16%. Furthermore, Ion Exchange is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent downward trend. The delivery volume has decreased by -18.33% against the 5-day average, suggesting a decline in investor participation and interest.<BR><BR>Financially, the company has shown poor long-term growth, with operating profit declining at an annual rate of -3.31% over the last five years. Recent negative results have also contributed to the stock's decline, with a significant drop in profit before tax and profit after tax reported in March 2026. The return on capital employed (ROCE) is at a low of 9.8, and the stock is trading at a premium compared to its peers, which raises concerns about its valuation.<BR><BR>Despite some positive factors, such as high management efficiency and increasing participation by institutional investors, the overall performance of the stock has been consistently poor, with a -39.34% return over the past year and underperformance against benchmarks over the last three years. These factors collectively contribute to the current decline in Ion Exchange (India) Ltd's stock price.

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

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

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.

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.

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.

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.