Ion Exchange (India) Ltd (IONEXCHANG)
₹338.40
Mkt cap
₹4,963 Cr
P/E ratio
45.10
P/B
3.71
Div yield
0.37%
ROE
12.00%
ROCE
14.20%
EPS (TTM)
₹7.50
Book value
₹91
52W range
313–486
Sector
Utilities
Price history
Previous close
Ion Exchange (India) is engaged in a wide range of solutions across the water cycle from pre-treatment to process water treatment, waste water treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination etc.(Source : 201903 Annual Report Page No: 63)
NSE IONEXCHANGBSE 500214
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−30.37% from high₹338
₹313+8.22% from low₹486
Current
₹338.40
Prev close
₹347.15
Day
−2.52%
Price performance
1D
−2.13%
1W
+0.59%
1M
−17.17%
3M
−18.62%
6M
−14.49%
1Y
−15.89%
YTD
−12.46%
Financials
Revenue, profit & margin
P/E ratio
45.1×
IONEXCHANG is 121% above the sector median of 20.4×
IONEXCHANG45.1×
Sector median20.4×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 479.22 | 532.97 | 553.85 | 781.81 | 567.57 | 644.47 | 690.51 | 834.56 | 583.19 | 733.94 | 734.44 | 863.27 | 700.46 | |
| Expenses | 430.44 | 472.58 | 483.27 | 689.82 | 503.36 | 576.17 | 615.04 | 748.82 | 520.65 | 665.45 | 675.19 | 843.53 | 668.72 | |
| Operating Profit | 48.78 | 60.39 | 70.58 | 91.99 | 64.21 | 68.30 | 75.47 | 85.74 | 62.54 | 68.49 | 59.25 | 19.74 | 31.74 | |
| OPM % | 10.18% | 11.33% | 12.74% | 11.77% | 11.31% | 10.60% | 10.93% | 10.27% | 10.72% | 9.33% | 8.07% | 2.29% | 4.53% | |
| Other Income | 8.69 | 10.65 | 9.44 | 16.85 | 11.43 | 14.53 | 8.91 | 14.84 | 18.20 | 14.62 | -4.43 | 43.13 | 6.36 | |
| Interest | 2.05 | 3.56 | 3.22 | 3.23 | 2.93 | 3.62 | 3.30 | 3.61 | 2.56 | 3.08 | 7.57 | 10.79 | 8.95 | |
| Depreciation | 7.87 | 8.50 | 9.62 | 10.42 | 10.44 | 10.89 | 11.33 | 11.83 | 12.26 | 12.17 | 18.57 | 19.60 | 21.75 | |
| Profit before tax | 47.55 | 58.98 | 67.18 | 95.19 | 62.27 | 68.32 | 69.75 | 85.14 | 65.92 | 67.86 | 28.68 | 32.48 | 7.40 | |
| Tax % | 29.93% | 28.20% | 29.68% | 23.89% | 28.09% | 25.88% | 28.90% | 25.72% | 26.52% | 26.44% | 28.31% | 25.22% | 58.65% | |
| Net Profit | 33.32 | 42.35 | 47.24 | 72.45 | 44.78 | 50.64 | 49.59 | 63.24 | 48.44 | 49.92 | 20.56 | 24.29 | 3.06 | |
| EPS in Rs | 2.27 | 2.90 | 3.24 | 4.96 | 3.07 | 3.47 | 3.31 | 4.32 | 3.32 | 3.38 | 1.38 | 1.65 | 0.28 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
3 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −7.05% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 5 Aug '26◦ |
| Earnings day | −7.05% |
| +1 day | −10.61% |
| +5 days | −9.19% |
| +15 days | −9.55% |
| +30 days | +6.40% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Sep 202625.08%Promoter
Promoters25.08%0.35
FIIs4.93%0.07
DIIs15.71%0.39
Public38.11%0.10
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Va Tech Wabag | ₹1,812.30 | 28.43 | 11,330 | 0.28% | 90 | +36.93% | 887 | +20.82% | 21.33% |
| ION Exchange | ₹338.40 | 45.10 | 4,963 | 0.37% | 3 | −91.56% | 700 | +20.11% | 14.17% |
| Enviro Infra | ₹160.86 | 15.37 | 2,824 | 0.00% | 45 | −12.52% | 359 | +49.09% | 20.18% |
| Technocraft Ven. | ₹463.40 | 41.09 | 1,835 | 0.00% | 11 | +14.45% | 93 | +2.24% | 30.79% |
| JITF Infra Logis | ₹263.85 | — | 678 | 0.00% | −2 | +170.98% | 664 | +20.70% | 15.39% |
| Denta Water | ₹221.90 | 11.07 | 592 | 1.13% | 11 | −39.78% | 59 | −12.81% | 18.38% |
| Apex Ecotech | ₹263.00 | 20.37 | 347 | 0.00% | 14 | +106.13% | 116 | +135.70% | 41.37% |
| Median: 8 Co. | ₹263.43 | 20.37 | 1,257 | 0.00% | 11 | +25.69% | 238 | +20.76% | 19.73% |
Filings
Annual reports15
Concall transcripts103
TranscriptAug 2026PPTAug 2026PPTAug 2026PPTAug 2026PPTAug 2026RECAug 2026TranscriptJun 2026PPTJun 2026RECJun 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025PPTJul 2025TranscriptJun 2025PPTJun 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 29 Oct - ION Exchange (India) Limited has informed about the revised Intimation of Earnings Conference Call.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 28 Oct - Earnings conference call on 5 November 2026 at 2:00 pm for Q2/H1 FY27 results.Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results For The Second Quarter And Half Year Ended September 30, 2026 28 Oct - Board meets November 3, 2026 to consider Q2 and half-year unaudited financial results.ESOP Trust Deed 9 Oct - Ion Exchange submitted trust deed for its ESOP Trust under the 2026 employee stock option scheme.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Oct - ION Exchange (India) Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the second quarter and half year ended September 30, …