IONEXCHANG

Ion Exchange (India) Ltd.

NSE: IONEXCHANG

BSE: 500214

Sector: Construction

Industry Group: Construction

Industry: Civil Construction

369.90-0.2 (-0.05%)

25 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

12.9 / 100

Value Score

41.2 / 100

Price Momentum Score

51.7 / 100

QVM Score

19.6 / 100

Key Metrics

Market Cap

4547.18

P/E (TTM)

46.36

P/B

3.40

P/S (TTM)

1.50

EV/EBITDA

26.22

CAPE (5Y)

24.74

ROE (TTM)

11.20

ROCE (TTM)

8.80

ROA (TTM)

4.48

Avg 3Y ROE

17.02

Earnings 3Y CAGR

-21.40

Sales 3Y CAGR

13.27

Sales 5Y CAGR

15.14

Debt/Equity

0.36

Consensus TP

448.00

Strong Buy %

Promoter Holding

25.43

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Ion Exchange (India) Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.36 as on 30 Jun 2026 and Debt to Equity increased marginally by 0.09 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 46.36 indicates that the stock is expensive on a standalone basis and is at a 197.75% premium to industry median P/E

What is P/E Ratio?

Median: 15.57

Value 46.36

0.021695.39

Moderate ROE but declining trend

The company reported moderate ROE of 11.2% for 12-month ended 30 Jun 2026 but ROE declined by -746 bps from 1 year ago

What is ROE (FY)?

Low and declining operating margin

The company reported low operating margin of 3.54% for 12-month ended 30 Jun 2026 and operating margin declined by -538 bps from 1 year ago

What is Operating profit margin?

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -53.64% for 12-month ended 30 Jun 2026 and the growth was 54.71 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.34%

What is Dividend yield?

Neutral

Moderate revenue growth and in line with median growth of industry

The company delivered moderate revenue growth of 10.15% for 12-month ended 30 Jun 2026 and the growth was 0.37 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 9.78

Value 10.15

-89.966675.73

Company's earnings are of moderate quality

Earnings quality score of 33.8 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

33.8 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Ion Exchange (India) Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Ion Exchange (India) Ltd. Shareholding Pattern

Quarterly breakdown of Ion Exchange (India) Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	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
Total Promoter	27.01	27.01	27.01	27.01	27.01	27.01	27.01	27.01	27.01	27.01	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
Indian Promoter	27.01	27.01	27.01	27.01	27.01	27.01	27.01	27.01	27.01	27.01	25.74	25.72	25.68	25.67	25.50	25.20	25.14	24.96	24.68	24.59	24.57	24.54	24.52	24.48	24.45	24.40
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	1.27	1.27	1.27	1.27	1.26	1.26	1.24	1.24	1.22	1.19	1.19	1.17	1.15	1.10	1.07	1.03
Institutions	7.17	7.41	7.26	7.41	7.63	9.33	9.77	12.04	12.34	12.53	11.53	12.25	13.53	14.10	15.84	17.14	17.84	18.25	18.67	19.45	19.38	19.35	19.14	18.89	19.43	20.18
Mutual Funds / UTI	4.56	4.64	4.81	4.42	4.23	5.25	5.44	6.69	6.85	7.08	7.76	8.23	8.28	8.31	9.05	9.78	10.02	10.49	10.86	11.09	11.48	11.61	11.67	11.56	11.67	12.48
FI/Bank/Insurance	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.02	0.01	0.01	0.02	0.03	0.18	0.04	0.04	0.11	0.04	0.06	0.01
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	1.63	1.79	0.75	0.67	0.85	1.49	1.63	2.54	2.66	2.43	0.71	0.77	1.95	2.44	3.94	5.20	5.63	5.43	5.44	5.83	5.50	5.27	4.85	4.68	4.63	4.86
Other Institutions	0.98	0.98	1.70	2.32	2.55	2.58	2.70	2.80	2.82	3.02	3.05	3.24	3.29	3.34	2.83	2.16	2.18	2.32	2.35	2.35	2.36	2.44	2.51	2.62	3.07	2.83
Non-Institution	65.82	65.58	65.73	65.58	65.36	63.66	63.22	60.95	60.65	60.46	61.46	60.76	59.52	58.96	57.40	56.39	55.78	55.55	55.43	54.77	54.87	54.95	55.20	55.52	55.05	54.39
Bodies Corporate	2.65	2.84	2.90	2.79	2.93	2.91	2.89	2.82	3.85	3.32	3.79	3.74	3.49	3.23	3.02	2.61	2.55	2.51	2.87	2.84	2.92	2.85	2.60	2.62	2.56	2.10
Others (incl. Retail) No. of shareholders	63.17 20,742	62.74 21,079	62.83 21,778	62.79 20,880	62.43 21,854	60.75 26,370	60.33 29,862	58.13 30,127	56.80 31,713	57.14 31,744	57.67 31,057	57.02 30,753	56.03 30,694	55.73 47,863	54.38 62,096	53.78 70,925	53.23 74,873	53.04 86,816	52.56 1,14,818	51.93 1,18,133	51.95 1,27,147	52.10 1,24,641	52.60 1,18,150	52.90 1,19,519	52.49 1,16,029	52.29 1,19,237

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Watertech	10.32%	7 / 8
2	Nifty Microcap 250	0.39%	88 / 250
3	Nifty Total Market	0.02%	546 / 749

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Ion Exchange (India) Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Rajesh Sharma Promoter Group	March-2026	Market Purchase (Acquisition) 26th Mar 2026	5.64 %	₹ 316.00	3.00 k	₹ 9.48 lac
Dinesh Sharma Promoter Group	March-2026	Market Sale (Disposal) 26th Mar 2026	4.11 %	₹ 326.55	3.10 lac	₹ 10.12 cr
Poonam Sharma Promoter Group	March-2026	Market Purchase (Acquisition) 26th Mar 2026	0.34 %	₹ 326.55	3.10 lac	₹ 10.12 cr
Mahabir Prasad Patni Promoter Group	December-2024	Market Sale (Disposal) 26th Dec 2024	4.70 %	₹ 724.26	25.05 k	₹ 1.81 cr
Mahabir Prasad Patni Promoter Group	December-2024	Market Sale (Disposal) 26th Dec 2024	4.70 %	₹ 724.26	25.05 k	₹ 1.81 cr
Bimal Jain Promoter Group	December-2024	Market Sale (Disposal) 24th Dec 2024	2.50 %	₹ 716.96	25.55 k	₹ 1.83 cr
Bimal Jain Promoter Group	August-2024	Market Sale (Disposal) 29th Aug 2024	2.59 %	₹ 712.56	81.16 k	₹ 5.78 cr
Mahabir Prasad Patni Promoter Group	August-2024	Market Sale (Disposal) 28th Aug 2024	4.76 %	₹ 710.22	94.00 k	₹ 6.68 cr
Bimal Jain Promoter Group	August-2024	Market Sale (Disposal) 17th Aug 2024	2.59 %	₹ 684.63	53.79 k	₹ 3.68 cr
Mahabir Prasad Patni Promoter Group	August-2024	Market Sale (Disposal) 17th Aug 2024	4.80 %	₹ 686.67	54.00 k	₹ 3.71 cr

Corporate Actions

History of Ion Exchange (India) Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 1.25/share
Record date: 31st Aug 2026Ex-date: 31st Aug 2026
Announced on: 26th May 2026
Dividend₹ 1.50/share
Record date: 2nd Sep 2025Ex-date: 2nd Sep 2025
Announced on: 29th May 2025
Dividend₹ 1.50/share
Record date: 3rd Sep 2024Ex-date: 3rd Sep 2024
Announced on: 29th May 2024
Dividend₹ 1.25/share
Record date: 30th Aug 2023Ex-date: 30th Aug 2023
Announced on: 26th May 2023
Stock Split1 : 10
Ex-date: 12th Jun 2023Announced on: 20th Apr 2023
Nominal value change from INR 10 to INR 1.

Company Profile

Overview of Ion Exchange (India) Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Ion Exchange (India) Limited is an India-based company, which is engaged in water and environment management with a global presence. The Companys segments include Engineering, Chemicals, Consumer Products and Others. The Engineering segment comprises of water treatment plants, spares and services in...

Key personnel

Mr. Vasant Naik

Group Chief Financial Officer

Mr. S. N. Iyengar

Executive Vice President - Medium Industry Segment

Mrs. Nikisha Solanki

Compliance Officer, Company Secretary

Mr. Rajesh SharmaD

Executive Chairman of the Board

Mr. Indraneel DuttD

Chief Executive Officer, Managing Director, Executive Director

Mr. Aankur PatniD

Non-Executive Non Independent Vice Chairman of the Board

Mr. Dinesh SharmaD

Non-Executive Non Independent Vice Chairman of the Board

Mr. M. P. PatniD

Non-Executive Non-Independent Director

View all

Incorporated on

06 Mar 1964

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

2,975

IPO date

01 Jan 1990

Free Float

6,84,40,513

Address

Frequently Asked Questions

What is the current share price of Ion Exchange (India) Ltd.?

The current share price of Ion Exchange (India) Ltd. is ₹ 369.90 as of 25 Aug 2026.

What is the market capitalisation of Ion Exchange (India) Ltd.?

The market capitalisation of Ion Exchange (India) Ltd. stands at ₹ 4,547.18 Cr.

What is the PE ratio of Ion Exchange (India) Ltd.?

The Price-to-Earnings (PE) ratio of Ion Exchange (India) Ltd. is 46.36 as of the latest trailing twelve months data.

What is the ROE and ROCE of Ion Exchange (India) Ltd.?

Ion Exchange (India) Ltd. has a Return on Equity (ROE) of 11.20% and a Return on Capital Employed (ROCE) of 8.80% as per the latest financial reports.

What is the 52-week high and low of Ion Exchange (India) Ltd.?

The 52-week high of Ion Exchange (India) Ltd. is - and the 52-week low is -.

What is the dividend yield of Ion Exchange (India) Ltd.?

The dividend yield of Ion Exchange (India) Ltd. is 0.34% based on the current market price.

What is the FII and DII holding in Ion Exchange (India) Ltd.?

Foreign Institutional Investors (FII) hold 4.86%, Domestic Institutional Investors (DII) hold 12.49% and retail/public investors hold 52.29% of Ion Exchange (India) Ltd. shares.

What sector does Ion Exchange (India) Ltd. belong to?

Ion Exchange (India) Ltd. operates in the Construction sector.

What is the beta of Ion Exchange (India) Ltd.?

The beta of Ion Exchange (India) Ltd. is 1.20, indicating its price volatility relative to the broader market. Over the past 1 year, Ion Exchange (India) Ltd. has delivered an absolute return of -13.56%.

What is the RSI of Ion Exchange (India) Ltd.?

The 14-day Relative Strength Index (RSI) of Ion Exchange (India) Ltd. is 37.19, placing it approaching oversold territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Ion Exchange (India) Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Ion Exchange (India) Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Company Profile

Stock Analysis

Corporate Actions

Holdings and Presence