IONEXCHANG · NSE
ION Exchange (India) Limited
₹442.3
+4.23% (+₹17.95)
Prev. close
₹424.35
Volume
4,91,666
Delivery %
54.3%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About ION Exchange (India) Limited
Ion Exchange (India) Limited, together with its subsidiaries, provides water and environmental management solutions in India and internationally. It operates through Engineering, Chemicals, and Consumer Products segments. The company offers raw water, process, post, and drinking water treatment; waste water, water recycling, and zero liquid discharge systems; sludge dewatering and waste to energy systems; ion exchange process, membrane process, ion exchange membrane process, and 3D modelling systems; and resin, incudes water purification equipment; and catalyst grade, adsorbent grade, chemical and special process, pharma grade, nuclear grade, hydrometallurgy, food and beverage, bio diesel, and sugar refining resins. It also provides membranes, such ultra-filtration, low pressure and seawater RO, fouling resistant, and brackish resistant membranes; and specialty chemical treatment programmes, including cooling and boiler water treatment products, fireside treatment products, coagulants, flocculants, membrane cleaning chemicals, and water testing kits. In addition, the company offers INDION online controllers and transmitters, water quality monitoring instruments, water quality measuring indicators, remote monitoring systems, and online effluent monitoring systems; and consultancy, operator training, design engineering, project financing, and operations and maintenance services, as well as installation, commissioning, rehabilitation, and plant automation services. It serves automotive, cement, chemicals, electronics, food and beverage, fertilizers, paper and pulp, pharma, power, refinery and petrochemicals, steel and metallurgy, mining and minerals, sugar, and textiles industries; educational, hospitality, hospital, laboratory, railway, and defense institutions; communities and municipalities; and residential and commercial establishments industries. The company was incorporated in 1964 and is based in Mumbai, India.
Details
Sector
Industrials
Industry
Pollution & Treatment Controls
CEO
Mr. Indraneel Dutt
Headquarters
Mumbai
Employees
2,975
Website
ionexchangeglobal.comExchange
View on NSE ↗Key stats
Market cap
₹5,437.21 Cr
P/E ratio (TTM)
53.5
Dividend yield
0.29%
EPS (TTM)
₹8.27
Beta (1Y · daily vs NIFTY 50)
1.23
Beta (5Y · monthly vs NIFTY 50)
0.85
Shares float
8.09 Cr
EPS · quarter ended Jun 2026
₹0.35
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.6% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,449.52 Cr | ₹1,576.87 Cr | ₹1,989.61 Cr | ₹2,347.85 Cr | ₹2,737.11 Cr | ₹2,914.84 Cr | |
| EBITDA | ₹235.39 Cr | ₹254.90 Cr | ₹296.06 Cr | ₹315.83 Cr | ₹342.43 Cr | ₹279.83 Cr |
| ₹144.00 Cr | ₹162.78 Cr | ₹196.74 Cr | ₹196.02 Cr | ₹207.81 Cr | ₹142.67 Cr | |
| Diluted EPS | ₹12.14 | ₹13.73 | ₹16.6 | ₹16.53 | ₹17.53 | ₹12.03 |
Total expenses (as filed), Employee benefit expense, Other expenses, Tax provision, Interest expense, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,443.00 Cr | ₹1,625.00 Cr | ₹1,939.00 Cr | ₹2,441.00 Cr | ₹2,979.00 Cr | ₹3,371.00 Cr | |
| — | ₹55.22 Cr | ₹59.23 Cr | ₹152.41 Cr | ₹322.60 Cr | ₹482.19 Cr | |
| Stockholders' equity | ₹506.00 Cr | ₹655.00 Cr | ₹833.00 Cr | ₹1,018.00 Cr | ₹1,208.00 Cr | ₹1,339.00 Cr |
Cash & equivalents, Total debt, Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹197.00 Cr | ₹91.00 Cr | ₹63.00 Cr | ₹130.00 Cr | ₹32.00 Cr | ₹-28.00 Cr | |
| Investing cash flow | — | ₹-92.00 Cr | ₹-40.41 Cr | ₹-160.05 Cr | ₹-164.57 Cr | ₹-44.46 Cr |
| — | ₹-26.86 Cr | ₹-15.31 Cr | ₹8.36 Cr | ₹128.20 Cr | ₹100.11 Cr | |
| Capital expenditure | — | ₹-53.68 Cr | ₹-59.85 Cr | ₹-120.33 Cr | ₹-320.39 Cr | ₹-254.14 Cr |
| End cash position | — | ₹169.08 Cr | ₹175.36 Cr | ₹153.64 Cr | ₹149.29 Cr | ₹184.56 Cr |
Investing cash flow, Financing cash flow, Capital expenditure, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Feb 22–Sep 22(4Q) | Dec 22 | Mar 23 | Jun 23 | Sep 23 | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 27.01% | 26.99% | 26.95% | 26.94% | 26.76% | 26.46% | 26.38% | 26.20% | 25.90% | 25.78% | 25.76% | 25.70% | 25.66% | 25.58% | 25.52% | 25.43% |
| Public | 56.81% | 56.83% | 56.87% | 56.88% | 57.06% | 57.36% | 57.43% | 57.62% | 57.92% | 58.04% | 58.06% | 58.12% | 58.15% | 58.23% | 58.29% | 58.39% |
| Employee trusts | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% | 16.18% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| ION Exchange (India) Limited | ₹5,225.77 Cr | ₹445.7 | 53.8 | 3.90 | 10.7% | 0.36 | +6.7% | +4.1% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
11 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Brine Ion Exchange Systems Market Set for Strong Growth at 6.2% CAGR Through 2033 - SRI
openPR.com · 9 days ago
Ion Exchange Share: How Does the Company Plan Its Profit Recovery After Margins Fell to 4.54% From 10.74%?
Ion Exchange (India) Ltd. plans to recover its profit margins, which fell to 4.54% from 10.74%, by addressing legacy projects and ramping up its Roha plant. The company is also shifting focus to higher-value technology projects and expanding its recurring lifecycle services business. Management aims for double-digit profitability through these strategic adjustments.