Ion Exchange (India) Ltd (IONEXCHANG) — shareholding pattern, promoter holding, financials and share price
About Ion Exchange (India) Ltd (IONEXCHANG)
Ion Exchange (India) Ltd operates in the Water Supply & Management industry, within the Utilities sector. It trades on the NSE as IONEXCHANG and on the BSE under scrip code 500214. Its ISIN is INE570A01022.
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)
Ion Exchange (India) Ltd is a pioneer in Indian water treatment, offering solutions across the water cycle including desalination and recycling.
The company has made strategic acquisitions, such as the purchase of MAPRIL, to bolster its international footprint and production capabilities.
Listed peers in Water Supply & Management: Enviro Infra Engineers Ltd, EMS Ltd, Rajesh Power Services Ltd, Antony Waste Handling Cell Ltd, Denta Water & Infra Solutions Ltd, Eco Recycling Ltd.
Valuation & Returns
10 Jul 2026At ₹469 a share on 10 Jul 2026, Ion Exchange (India) Ltd (IONEXCHANG) was valued at a price-to-earnings ratio of 48.03x against an industry P/E of 28.25x and a price-to-book of 5.69x on a book value of ₹82.36 per share as of Mar 2025. Solomo computes return on equity of 11.86% and return on capital employed of 14.31% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 48.03x
- Industry P/E
- 28.25x
- P/B
- 5.69x
- EPS (TTM)
- ₹9.76
- Book value / share
- ₹82.36
- ROE
- 11.86%
- ROCE
- 14.31%
- ROA
- 4.79%
- Debt / equity
- 0.27x
- Dividend yield
- 0.32%
- EBITDA margin
- 9.66%
- 52-week range
- ₹312.7 – ₹580.75
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Ion Exchange (India) Ltd (IONEXCHANG) reported revenue of ₹2,915 crore, net profit of ₹143 crore and earnings per share of ₹9.73. That compares with revenue of ₹2,737 crore and net profit of ₹208 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹863 crore and net profit ₹24 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,577 | 1,990 | 2,348 | 2,737 | 2,915 |
| Net profit (₹ cr) | 162 | 195 | 195 | 208 | 143 |
| EPS (₹) | 11.1 | 13.41 | 13.37 | 14.17 | 9.73 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 13.20% | 12.54% | 18.95% | 16.58% |
| Profit growth | 22.51% | 16.69% | 11.62% | 6.60% |
| Stock price CAGR | 30% | 10% | -6% | -23% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 25.43% of Ion Exchange (India) Ltd (IONEXCHANG) (down 0.09 pp QoQ), foreign institutional investors (FII) hold 4.86% and domestic institutional investors (DII) hold 15.32%. Market capitalisation was ₹6,879 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund 4.95%, HDFC Small Cap Fund 3.28%, Franklin India Small Cap Fund 2.58%, Abakkus Emerging Opportunities Fund-1 1.85%, Sundaram Mutual Fund A/C Sundaram Small Cap Fund 1.09%, Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 1.02%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 25.43% | - | 4.86% | 15.32% | 58.39% |
| Mar 2026 | 25.52% | - | 4.63% | 14.8% | 58.29% |
| Dec 2025 | 25.58% | - | 4.68% | 14.21% | 58.23% |
| Sep 2025 | 25.66% | - | 4.85% | 14.29% | 58.15% |
| Jun 2025 | 25.7% | - | 5.27% | 14.08% | 58.12% |
| Mar 2025 | 25.76% | - | 5.5% | 13.88% | 58.06% |
| Dec 2024 | 25.8% | - | 5.83% | 13.62% | 58.02% |
| Sep 2024 | 25.9% | - | 5.43% | 13.24% | 57.92% |