ION Exchange (India) Limited

NSE: IONEXCHANG · Utilities

Overview

ION Exchange (India) Limited Share Price & Analysis

₹437.7▲ +0.84%Updated 21 Jul 2026, 05:01 pm IST
LTP
₹437.7
+0.84%
Open
₹—
High
₹441.95
Low
₹432
Close
₹437.7
52W High
₹553
52W Low
₹312
Volume
428K
Lot Size
1
Sector
Utilities
Market Cap
₹6K Cr
Face Value
₹1
Mid Cap

Price Chart

Fundamentals

P/E
41.4
Sector P/E
24.7
P/B
3.3
EPS
₹12.03
ROE
12.1%
ROCE
14.1%
D/E Ratio
0.36
Div Yield
0.29%
Book Value
₹91.3
+

Strengths

  • ✓Low debt relative to equity (D/E 0.4x)
−

Concerns

  • ✗Premium to sector peers (P/E 41.4x vs industry 24.7x)

Peer Comparison

CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
WABAG
VA Tech Wabag Limited
₹2,100
-0.79%
₹12K Cr33.24.1615.921.30.09
REFEX
Refex Industries Limited
₹306
-1.85%
₹4K Cr17.43.3417.822.70.15
EIEL
Enviro Infra Engineers Limited
₹229
+0.05%
₹4K Cr20.42.891720.40.26
EMSLIMITED
EMS Limited
₹422
-2.01%
₹2K Cr25.61.588.9112.50.16
AWHCL
Antony Waste Handling Cell Limited
₹445
-0.86%
₹1K Cr16.81.910.811.20.55
DENTA
Denta Water and Infra Solutions Limited
₹348
+2.05%
₹875 Cr14.41.431418.80.03
CEWATER
Concord Enviro Systems Limited
₹309
-0.84%
₹640 Cr28.10.934.136.630.29

Showing 7 peers in the same sector · Sorted by market cap

Shareholding Pattern

IONEXCHANG · as of Mar 2026

Promoters25.76%▼0.02
FII5.50%▼0.33
DII13.88%▲0.26
Public38.69%▲0.11
Others16.18%
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters26.46%26.38%26.20%25.90%25.78%25.76%
FII5.20%5.63%5.43%5.44%5.83%5.50%
DII11.95%12.21%12.83%13.24%13.62%13.88%
Public40.20%39.59%39.36%39.26%38.58%38.69%
Others16.18%16.18%16.18%16.18%16.18%16.18%

Corporate Events

Dividend - Rs 1.50 Per Share

Dividend1 Sept 2025

Annual General Meeting/Dividend - Rs 1.50 Per Share

Dividend2 Sept 2024

Annual General Meeting/Dividend - Rs 1.25 Per Share

Dividend29 Aug 2023

Latest News

All news →

Ion Exchange reports anemic earnings, possibly worse than expected

*Ion Exchange reports anemic earnings, possibly worse than expected* — simplywall.st highlights that Ion Exchange (India)'s recent earnings performance is weak, with underlying metrics suggesting deeper issues. The company’s profitability and revenue growth are under pressure, raising concerns about future outlook. Valuation appears stretched given the fundamentals, warranting caution among traders. 📊 *STOCKS:* IONEXCHANG | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Earnings

simplywall.st3 Jun
High Impact

ION Exchange wins international contract from Hyundai Engineering

*ION Exchange wins international contract from Hyundai Engineering* — ION Exchange (India) Ltd has secured an international contract from Hyundai Engineering & Construction Co. Ltd, marking a strategic overseas win. The order strengthens IONEXCHANGE’s global footprint and revenue pipeline. Contract value undisclosed but expected to boost order book. 📊 *STOCKS:* IONEXCHANGE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #OrderWin

NSE Filing10 Jul
Medium Impact

Ion Exchange bags $52.83 million overseas order

Ion Exchange (India) Ltd secured an overseas order worth **$52.83 million** in the water treatment segment. The contract value stands at **₹397 crore** at current exchange rates. This win strengthens its order book and boosts near-term revenue visibility. 📊 *STOCKS:* IONEXCHANGE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #OrderWin

TradingView10 Jul
Medium Impact

Ion Exchange downgraded on technical weakness

*Ion Exchange downgraded on technical weakness.* Markets Mojo notes bearish momentum in the stock with a breakdown below key support. Technical indicators suggest further downside risk in the near term. Traders advised caution with **₹420** as immediate resistance. 📊 *STOCKS:* IONEXCHANGE | 🏢 *SECTOR:* Trading | #MEDIUMIMPACT #technical

Markets Mojo15 May
Medium Impact

Financials

Quarterly Results

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue
₹863 Cr
▲17.6%
₹734 Cr
▲0.0%
₹734 Cr
▲25.9%
₹583 Cr
▼30.2%
₹835 Cr
▲20.8%
₹691 Cr
▲7.3%
₹644 Cr
▲13.4%
₹568 Cr
Op. Profit
₹20 Cr
▼66.1%
₹59 Cr
▼13.2%
₹68 Cr
▲7.9%
₹63 Cr
▼26.7%
₹86 Cr
▲14.7%
₹75 Cr
▲10.3%
₹68 Cr
▲6.3%
₹64 Cr
OPM
2.0%
▼75.0%
8.0%
▼11.1%
9.0%
▼18.2%
11.0%
▲10.0%
10.0%
▼9.1%
11.0%
▲0.0%
11.0%
▲0.0%
11.0%
Net Profit
₹24 Cr
▲14.3%
₹21 Cr
▼58.0%
₹50 Cr
▲4.2%
₹48 Cr
▼23.8%
₹63 Cr
▲26.0%
₹50 Cr
▼2.0%
₹51 Cr
▲13.3%
₹45 Cr
EPS (₹)
1.65
▲19.6%
1.38
▼59.2%
3.38
▲1.8%
3.32
▼23.1%
4.32
▲30.5%
3.31
▼4.6%
3.47
▲13.0%
3.07

Values in ₹ Cr · Source: Screener.in

Annual Profit & Loss

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Revenue
₹2.9K Cr
▲6.5%
₹2.7K Cr
▲16.6%
₹2.3K Cr
▲18.0%
₹2.0K Cr
▲26.2%
₹1.6K Cr
▲8.8%
₹1.4K Cr
▼2.0%
₹1.5K Cr
▲27.4%
₹1.2K Cr
▲11.1%
₹1.0K Cr
▲3.7%
₹1.0K Cr
Expenses
₹2.7K Cr
▲10.9%
₹2.4K Cr
▲17.8%
₹2.1K Cr
▲19.7%
₹1.7K Cr
▲27.2%
₹1.4K Cr
▲9.5%
₹1.2K Cr
▼7.4%
₹1.3K Cr
▲27.4%
₹1.1K Cr
▲9.0%
₹966 Cr
▲3.3%
₹935 Cr
Op. Profit
₹210 Cr
▼29.3%
₹297 Cr
▲8.0%
₹275 Cr
▲6.6%
₹258 Cr
▲19.4%
₹216 Cr
▲4.3%
₹207 Cr
▲50.0%
₹138 Cr
▲26.6%
₹109 Cr
▲36.3%
₹80 Cr
▲8.1%
₹74 Cr
OPM
7.0%
▼36.4%
11.0%
▼8.3%
12.0%
▼7.7%
13.0%
▼7.1%
14.0%
▲0.0%
14.0%
▲55.6%
9.0%
▲0.0%
9.0%
▲12.5%
8.0%
▲14.3%
7.0%
Other Income
₹71 Cr
▲44.9%
₹49 Cr
▲8.9%
₹45 Cr
▲7.1%
₹42 Cr
▲0.0%
₹42 Cr
▲35.5%
₹31 Cr
▼13.9%
₹36 Cr
▲5.9%
₹34 Cr
▲61.9%
₹21 Cr
▲75.0%
₹12 Cr
Interest
₹24 Cr
▲41.2%
₹17 Cr
▲13.3%
₹15 Cr
▲25.0%
₹12 Cr
▼7.7%
₹13 Cr
▼13.3%
₹15 Cr
▼21.1%
₹19 Cr
▼9.5%
₹21 Cr
▼4.5%
₹22 Cr
▲4.8%
₹21 Cr
Depreciation
₹63 Cr
▲43.2%
₹44 Cr
▲22.2%
₹36 Cr
▲24.1%
₹29 Cr
▲3.6%
₹28 Cr
▲0.0%
₹28 Cr
▲16.7%
₹24 Cr
▲20.0%
₹20 Cr
▲53.8%
₹13 Cr
▲8.3%
₹12 Cr
PBT
₹195 Cr
▼31.6%
₹285 Cr
▲5.9%
₹269 Cr
▲3.9%
₹259 Cr
▲19.4%
₹217 Cr
▲11.3%
₹195 Cr
▲48.9%
₹131 Cr
▲28.4%
₹102 Cr
▲54.5%
₹66 Cr
▲22.2%
₹54 Cr
Tax %
27.0%
▲0.0%
27.0%
▲0.0%
27.0%
▲8.0%
25.0%
▼3.8%
26.0%
▼3.7%
27.0%
▼3.6%
28.0%
▼20.0%
35.0%
▼12.5%
40.0%
▼13.0%
46.0%
Net Profit
₹143 Cr
▼31.3%
₹208 Cr
▲6.7%
₹195 Cr
▲0.0%
₹195 Cr
▲20.4%
₹162 Cr
▲13.3%
₹143 Cr
▲52.1%
₹94 Cr
▲42.4%
₹66 Cr
▲65.0%
₹40 Cr
▲37.9%
₹29 Cr
EPS (₹)
9.73
▼31.3%
14.17
▲6.0%
13.37
▼0.3%
13.41
▲20.8%
11.1
▲13.1%
9.81
▲53.8%
6.38
▲43.4%
4.45
▲62.4%
2.74
▲32.4%
2.07
Div Payout
12.0%
▲20.0%
10.0%
▼9.1%
11.0%
▲22.2%
9.0%
▲0.0%
9.0%
▼10.0%
10.0%
▲11.1%
9.0%
▼10.0%
10.0%
▼16.7%
12.0%
▼25.0%
16.0%

Values in ₹ Cr · Source: Screener.in

Balance Sheet

ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Liabilities
Equity Capital
₹14 Cr
▲0.0%
₹14 Cr
▲0.0%
₹14 Cr
▲0.0%
₹14 Cr
▲0.0%
₹14 Cr
▲0.0%
₹14 Cr
▲0.0%
₹14 Cr
▲0.0%
₹14 Cr
▲0.0%
₹14 Cr
▲0.0%
₹14 Cr
Reserves
₹1.3K Cr
▲11.0%
₹1.2K Cr
▲18.9%
₹1.0K Cr
▲22.6%
₹819 Cr
▲27.8%
₹641 Cr
▲30.3%
₹492 Cr
▲41.0%
₹349 Cr
▲41.9%
₹246 Cr
▲32.3%
₹186 Cr
▲21.6%
₹153 Cr
Borrowings
₹482 Cr
▲49.2%
₹323 Cr
▲112.5%
₹152 Cr
▲157.6%
₹59 Cr
▲7.3%
₹55 Cr
▼11.3%
₹62 Cr
▼49.2%
₹122 Cr
▲10.9%
₹110 Cr
▼33.3%
₹165 Cr
▲48.6%
₹111 Cr
Other Liabilities
₹1.6K Cr
▲7.6%
₹1.4K Cr
▲14.0%
₹1.3K Cr
▲21.4%
₹1.0K Cr
▲14.6%
₹914 Cr
▲4.5%
₹875 Cr
▼2.3%
₹896 Cr
▲12.7%
₹795 Cr
▲13.7%
₹699 Cr
▲1.5%
₹689 Cr
Total Liabilities
₹3.4K Cr
▲13.5%
₹3.0K Cr
▲22.0%
₹2.4K Cr
▲25.9%
₹1.9K Cr
▲19.3%
₹1.6K Cr
▲12.6%
₹1.4K Cr
▲4.4%
₹1.4K Cr
▲18.7%
₹1.2K Cr
▲9.4%
₹1.1K Cr
▲10.0%
₹967 Cr
Assets
Fixed Assets
₹754 Cr
▲92.3%
₹392 Cr
▲6.8%
₹367 Cr
▲70.7%
₹215 Cr
▲12.0%
₹192 Cr
▲1.1%
₹190 Cr
▼2.1%
₹194 Cr
▲20.5%
₹161 Cr
▲11.0%
₹145 Cr
▲46.5%
₹99 Cr
CWIP
₹175 Cr
▼45.8%
₹323 Cr
▲429.5%
₹61 Cr
▲45.2%
₹42 Cr
▲110.0%
₹20 Cr
▲33.3%
₹15 Cr
▲25.0%
₹12 Cr
▲0.0%
₹12 Cr
▲71.4%
₹7 Cr
▼79.4%
₹34 Cr
Investments
₹16 Cr
▲23.1%
₹13 Cr
▲8.3%
₹12 Cr
▲20.0%
₹10 Cr
▲11.1%
₹9 Cr
▲80.0%
₹5 Cr
▲0.0%
₹5 Cr
▲0.0%
₹5 Cr
▲25.0%
₹4 Cr
▲33.3%
₹3 Cr
Other Assets
₹2.4K Cr
▲8.2%
₹2.3K Cr
▲12.4%
₹2.0K Cr
▲19.7%
₹1.7K Cr
▲19.1%
₹1.4K Cr
▲13.8%
₹1.2K Cr
▲5.3%
₹1.2K Cr
▲18.7%
₹987 Cr
▲8.6%
₹909 Cr
▲9.4%
₹831 Cr
Total Assets
₹3.4K Cr
▲13.5%
₹3.0K Cr
▲22.0%
₹2.4K Cr
▲25.9%
₹1.9K Cr
▲19.3%
₹1.6K Cr
▲12.6%
₹1.4K Cr
▲4.4%
₹1.4K Cr
▲18.7%
₹1.2K Cr
▲9.4%
₹1.1K Cr
▲10.0%
₹967 Cr

Values in ₹ Cr · Source: Screener.in

Cash Flow Statement

ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating CF
₹-28 Cr
▼187.5%
₹32 Cr
▼75.4%
₹130 Cr
▲106.3%
₹63 Cr
▼30.8%
₹91 Cr
▼53.8%
₹197 Cr
▲93.1%
₹102 Cr
▼19.7%
₹127 Cr
▲47.7%
₹86 Cr
▼51.1%
₹176 Cr
Investing CF
₹-44 Cr
▲73.3%
₹-165 Cr
▼3.1%
₹-160 Cr
▼290.2%
₹-41 Cr
▲55.9%
₹-93 Cr
▼244.4%
₹-27 Cr
▼58.8%
₹-17 Cr
▲75.7%
₹-70 Cr
▲58.1%
₹-167 Cr
▼122.7%
₹-75 Cr
Financing CF
₹100 Cr
▼21.9%
₹128 Cr
▲1500.0%
₹8 Cr
▲153.3%
₹-15 Cr
▲44.4%
₹-27 Cr
▲64.0%
₹-75 Cr
▼167.9%
₹-28 Cr
▲64.6%
₹-79 Cr
▼354.8%
₹31 Cr
▲1133.3%
₹-3 Cr
Net Cash Flow
₹27 Cr
▲775.0%
₹-4 Cr
▲81.8%
₹-22 Cr
▼466.7%
₹6 Cr
▲121.4%
₹-28 Cr
▼129.2%
₹96 Cr
▲71.4%
₹56 Cr
▲354.5%
₹-22 Cr
▲56.0%
₹-50 Cr
▼151.0%
₹98 Cr
Free Cash Flow
₹-280 Cr
▲2.4%
₹-287 Cr
▼2970.0%
₹10 Cr
▲233.3%
₹3 Cr
▼92.9%
₹42 Cr
▼74.9%
₹167 Cr
▲138.6%
₹70 Cr
▼27.1%
₹96 Cr
▲68.4%
₹57 Cr
▼56.8%
₹132 Cr

Values in ₹ Cr · Source: Screener.in

Key Ratios History

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Debtor Days
135d
▼10.6%
151d
▲4.1%
145d
▲13.3%
128d
▲8.5%
118d
▲4.4%
113d
▼8.9%
124d
▼6.8%
133d
▼13.1%
153d
▲1.3%
151d
Inventory Days
87d
▲38.1%
63d
▲6.8%
59d
▼9.2%
65d
▼7.1%
70d
▲34.6%
52d
▲2.0%
51d
▼21.5%
65d
▲18.2%
55d
▼19.1%
68d
Days Payable
177d
▲7.3%
165d
▼5.2%
174d
▲7.4%
162d
▼19.8%
202d
▼7.8%
219d
▲16.5%
188d
▼9.2%
207d
▲5.1%
197d
▼4.4%
206d
Cash Conv. Cycle
44d
▼12.0%
50d
▲61.3%
31d
▲0.0%
31d
▲321.4%
-14d
▲74.1%
-54d
▼315.4%
-13d
▼44.4%
-9d
▼181.8%
11d
▼8.3%
12d
Working Capital Days
53d
▲60.6%
33d
▲106.3%
16d
▲220.0%
5d
▲118.5%
-27d
▲49.1%
-53d
▼3.9%
-51d
▲20.3%
-64d
▲11.1%
-72d
▼50.0%
-48d
ROCE
14.0%
▼36.4%
22.0%
▼18.5%
27.0%
▼20.6%
34.0%
▼5.6%
36.0%
▼10.0%
40.0%
▲14.3%
35.0%
▲6.1%
33.0%
▲22.2%
27.0%
▲0.0%
27.0%

Source: Screener.in · Lower days = better efficiency

About ION Exchange (India) Limited

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)

Utilities · Other Utilities

Frequently Asked Questions

What is ION Exchange (India) Limited share price today?▾
ION Exchange (India) Limited (IONEXCHANG) is currently trading at ₹437.7 on NSE, up 0.84% as of the last market session. Prices update daily after market close on MarketNetra.
Is ION Exchange (India) Limited available in F&O (Futures & Options)?▾
Yes, ION Exchange (India) Limited (IONEXCHANG) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is ION Exchange (India) Limited 52-week high and low?▾
ION Exchange (India) Limited's 52-week high is ₹553 and the 52-week low is ₹312. The current price of ₹437.7 is 20.8% below the 52W high.
What is ION Exchange (India) Limited P/E ratio?▾
ION Exchange (India) Limited's current P/E ratio is 41.4. This indicates the market is paying ₹41.4 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade ION Exchange (India) Limited options?▾
ION Exchange (India) Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade IONEXCHANG options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.