IONEXCHANG
ION Exchange (India) Limited (IONEXCHANG) Stock Analysis
ION Exchange (India) Limited provides water treatment, resins, and environmental solutions for industry and municipalities. Its plants and chemicals support pure water and effluent treatment. The company serves power, pharma, and infrastructure sectors. It is a listed water-treatment specialist.
Industrials › Pollution & Treatment Controls
₹377.50
-3.39% 1W | -3.60% 52W
Market Cap
4.6k CR
P/E Ratio
45.6
52W High
₹486
52W Low
₹312.7
Div. Yield
0.33%
Beta
0.4
50 DMA
₹399.6
200 DMA
₹385.1
Profit Margin
3.2%
Inst. Own.
20.2%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 798 | 868 | 1,009 | 1,046 | 1,162 | 1,480 | 1,450 | 1,577 | 1,990 | 2,348 | 2,737 | 2,915 | 3,032 |
| Expenses | 750 | 810 | 935 | 966 | 1,053 | 1,342 | 1,243 | 1,361 | 1,731 | 2,072 | 2,440 | 2,701 | 2,853 |
| Operating Profit | 49 | 58 | 74 | 80 | 109 | 138 | 207 | 216 | 258 | 275 | 297 | 214 | 179 |
| OPM % | 6% | 7% | 7% | 8% | 9% | 9% | 14% | 14% | 13% | 12% | 11% | 7% | 6% |
| Other Income | 4 | 7 | 12 | 21 | 34 | 36 | 31 | 42 | 42 | 45 | 49 | 71 | 60 |
| Interest | 17 | 17 | 21 | 22 | 21 | 19 | 15 | 13 | 12 | 15 | 17 | 28 | 30 |
| Depreciation | 12 | 13 | 12 | 13 | 20 | 24 | 28 | 28 | 29 | 36 | 44 | 63 | 72 |
| Profit before tax | 24 | 35 | 54 | 66 | 102 | 131 | 195 | 217 | 259 | 269 | 285 | 195 | 136 |
| Tax % | 52% | 51% | 46% | 40% | 35% | 28% | 27% | 26% | 25% | 27% | 27% | 27% | |
| Net Profit | 11 | 17 | 29 | 40 | 66 | 94 | 143 | 162 | 195 | 195 | 208 | 143 | 98 |
| EPS in Rs | 0.67 | 1.05 | 2.07 | 2.74 | 4.45 | 6.38 | 9.81 | 11.10 | 13.41 | 13.37 | 14.17 | 9.73 | 6.69 |
| Dividend Payout % | 43% | 28% | 16% | 12% | 10% | 9% | 10% | 9% | 9% | 11% | 10% | 12% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 14.0% | 15.0% | 13.0% |
| Profit CAGR | -8.0% | 1.0% | 26.0% |
Shareholding Pattern
Promoters25.71%
FIIs5.27%
DIIs14.09%
Public38.77%
Promoters25.67%
FIIs4.85%
DIIs14.29%
Public39.01%
Promoters25.58%
FIIs4.68%
DIIs14.22%
Public39.34%
Promoters25.52%
FIIs4.63%
DIIs14.80%
Public38.86%
Promoters25.43%
FIIs4.86%
DIIs15.32%
Public38.21%
Promoters26.95%
FIIs1.95%
DIIs11.58%
Public43.34%
Promoters26.38%
FIIs5.63%
DIIs12.21%
Public39.59%
Promoters25.76%
FIIs5.50%
DIIs13.88%
Public38.69%
Promoters25.52%
FIIs4.63%
DIIs14.80%
Public38.86%
Promoters25.43%
FIIs4.86%
DIIs15.32%
Public38.21%
IONEXCHANG
Holdings Analysis
Key strengths & risk signals
55
Overall
44
Fundamental
67
Technical
Risks (4)
Cannot calculate PEG - insufficient growth data.
WEAK POSITION! Current price (377.5) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.4% (1 week), 11.4% (1 month), 13.3% (3 months).
WEAK YEAR! Stock declined 3.6% in the last year.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (399.6) is above 200-day average (385.1) - positive signal.
BULLISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 846,867 vs down days: 239,058. Ratio: 3.54x
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
Fundamental & Technical Analysis
55Overall
44Fundamental
67Technical
Fundamental Breakdown
Growth Quality
13/30
Revenue CAGR: 13.6% (GOOD, 11/15). Profit CAGR: -10.2% (DECLINING, 2/15).
Profit Margin
2/10
LOW MARGIN! 3.2% profit margin - thin profits.
PEG Valuation
1/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.33% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.27 - excellent financial health.
Public Holding
5/20
TOO MUCH PUBLIC HOLDING! 42.78% public ownership - higher volatility risk.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
10/10
BULLISH TREND! 50-day average (399.6) is above 200-day average (385.1) - positive signal.
Price Position
2/10
WEAK POSITION! Current price (377.5) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
3/10
WEAK YEAR! Stock declined 3.6% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 846,867 vs down days: 239,058. Ratio: 3.54x
RSI
4/5
APPROACHING OVERSOLD! RSI at 33.4 - watch for reversal.
52W Range
2/5
LOWER HALF! Trading at 37.4% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.4% (1 week), 11.4% (1 month), 13.3% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
IONEXCHANG
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-06-05 | Concall PDF | |
| Q3FY262026-02-09 | Concall PDF | |
| Q2FY262025-11-12 | Concall PDF |
Peer Comparison
Industrials · Pollution & Treatment Controls · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IONEXCHANG | ₹377.50 | 45.6 | 3.2% | 13.6% | -10.2% | -3.6% | 55 | BREAKDOWN | -91.6% | -83.0% | +20.1% | -18.9% |
| BANKA | ₹70.50 | 251.7 | 0.6% | 10.5% | -48.3% | -23.2% | 46 | CONSOLIDATING DOWN | – | -100.0% | -4.5% | -40.1% |
| MSTCLTD | ₹646.60 | 19.4 | 60.6% | 4.4% | -3.4% | +21.1% | 62 | BREAKDOWN | +37.6% | -24.6% | +21.7% | -20.7% |
| TEXRAIL | ₹113.20 | 21.2 | 5.1% | 25.1% | 95.7% | -16.2% | 71 | CONSOLIDATION | +66.7% | -13.3% | -16.9% | -35.2% |
| ROLEXRINGS | ₹173.10 | 43.4 | 13.2% | -1.1% | -10.7% | +33.1% | 64 | CONSOLIDATING UP | +22.2% | -60,200.0% | +4.4% | -0.5% |
| MANINFRA | ₹114.00 | 21.2 | 33.5% | -30.4% | -8.1% | -21.1% | 56 | BREAKDOWN | +28.8% | +67.3% | +7.6% | +50.0% |
| ELECTCAST | ₹76.70 | 39.1 | 2.1% | -6.7% | -20.0% | -20.6% | 52 | CONSOLIDATION | -45.8% | +201.9% | -8.5% | -4.5% |
| PDSL | ₹342.40 | 41.3 | 0.9% | 6.9% | -25.0% | +10.0% | 51 | CONSOLIDATING DOWN | +44.6% | -61.6% | +14.8% | -2.1% |
Data from TradeAlone · Updated daily
IONEXCHANG News
ION Exchange (India) Limited (NSE: IONEXCHANG) breaks below support, falls 7%2026-08-06ION Exchange (India) Limited (NSE: IONEXCHANG) clears resistance, moves up 12% intraday2026-07-10ION Exchange (India) Limited (NSE: IONEXCHANG) breaks out, moves up 5% intraday2026-07-10ION Exchange (India) Limited (NSE: IONEXCHANG) breaks out, gains 6% intraday2026-06-29ION Exchange (India) Limited (NSE: IONEXCHANG) climbs 5% intraday2026-06-22ION Exchange (India) Limited (NSE: IONEXCHANG) climbs 6% intraday2026-06-17
