ION EXCHANGE (INDIA) LTD (IONEXCHANG) financials

ION EXCHANGE (INDIA) LTD (IONEXCHANG) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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)

Market Cap: ₹5,537Cr.
Current Price: ₹378
Stock P/E: 48.8
ROE: 11.1%
ROCE: 13.4%
Book Value: ₹94.8
Dividend Yield: 0.33%
52W High / Low: ₹486/312

In Jun 2026, ION EXCHANGE (INDIA) LTD (IONEXCHANG) reported sales ₹636 Cr and net profit ₹11 Cr.

Annual TTM: sales ₹2,797 Cr, net profit ₹103 Cr.

Shareholding: Promoters 25.43% (Jun 2026), FIIs 4.86% (Jun 2026), DIIs 15.32% (Jun 2026), Public 38.21% (Jun 2026), Others 16.18% (Jun 2026).

IONEXCHANG quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	589	650	785	518	678	669	814	636
Expenses	522	576	702	462	617	613	803	605
Operating Profit	67	74	83	56	61	56	11	31
OPM %	11%	11%	11%	11%	9%	8%	1.4%	4.8%
Other Income	13	11	15	20	16	-0	45	13
Interest	2	2	3	2	2	7	10	8
Depreciation	10	10	11	11	11	17	18	20
Profit before tax	68	73	85	63	64	32	27	15
Tax %	25%	27%	24%	26%	25%	25%	28%	26%
Net Profit	51	53	65	47	48	24	20	11
EPS in Rs	3.46	3.64	4.40	3.20	3.26	1.64	1.33	0.78
Raw PDF	—	—	—	—	—	—	—	—

IONEXCHANG profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,407	1,402	1,509	1,892	2,180	2,540	2,679	2,797
Expenses	1,283	1,205	1,310	1,652	1,910	2,252	2,492	2,638
Operating Profit	124	197	199	241	270	288	187	159
OPM %	9%	14%	13%	13%	12%	11%	7%	6%
Other Income	48	37	46	45	47	51	80	74
Interest	16	12	10	11	10	11	23	27
Depreciation	22	26	27	28	33	40	58	67
Profit before tax	134	196	209	246	274	288	187	139
Tax %	26%	25%	26%	25%	26%	26%	26%	—
Net Profit	99	146	154	185	204	214	138	103
EPS in Rs	6.76	9.95	10.51	12.62	13.92	14.62	9.44	7.01
Dividend Payout %	9%	10%	10%	10%	11%	10%	13%	—

IONEXCHANG balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	15	15	15	15	15	15	15	15
Reserves	360	467	612	753	872	1,060	1,256	1,375
Borrowings	86	100	41	38	49	59	244	410
Other Liabilities	755	855	828	861	998	1,197	1,377	1,461
Total Liabilities	1,215	1,437	1,496	1,667	1,934	2,331	2,891	3,260
Fixed Assets	144	177	174	177	204	263	290	637
CWIP	12	12	15	20	42	61	322	175
Investments	61	62	63	64	59	85	86	87
Other Assets	998	1,186	1,244	1,405	1,629	1,922	2,193	2,361
Total Assets	1,215	1,437	1,496	1,667	1,934	2,331	2,891	3,260

IONEXCHANG cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	105	65	192	75	55	124	26	-56
Cash from Investing Activity	-57	7	-25	-81	-23	-161	-169	-30
Cash from Financing Activity	-73	-23	-70	-22	-27	-12	148	111
Net Cash Flow	-25	49	97	-28	5	-48	5	25
Free Cash Flow	75	34	162	26	-4	9	-291	-304
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	148%	81%	122%	73%	53%	71%	33%	0%

IONEXCHANG shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	25.90%	25.78%	25.76%	25.71%	25.67%	25.58%	25.52%	25.43%
FIIs	5.44%	5.83%	5.50%	5.27%	4.85%	4.68%	4.63%	4.86%
DIIs	13.24%	13.62%	13.88%	14.09%	14.29%	14.22%	14.80%	15.32%
Public	39.26%	38.58%	38.69%	38.77%	39.01%	39.34%	38.86%	38.21%
Others	16.18%	16.18%	16.18%	16.18%	16.18%	16.18%	16.18%	16.18%
No. of Shareholders	1,15,664	1,19,037	1,28,164	1,25,651	1,19,139	1,20,488	1,16,996	1,20,052

IONEXCHANG key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	142	133	118	123	135	154	158	146
Inventory Days	54	45	42	57	55	50	54	80
Days Payable	196	181	205	188	156	172	164	176
Cash Conversion Cycle	0	-2	-46	-9	34	32	48	50
Working Capital Days	-40	-31	-33	-6	13	26	38	63
ROCE %	26%	29%	33%	30%	30%	27%	23%	13%

IONEXCHANGUpdated 18 Oct 2026, 5:36

Ion Exchange (india) Ltd

IONEXCHANGUpdated 18 Oct 2026, 5:36

Market Cap

₹5,537Cr.

Current Price

₹378

High / Low

₹486/312

Stock P/E

48.8

ROE11.1%

ROCE13.4%

Book Value₹94.8

Face Value₹1.00

Dividend Yield0.33%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	449	2	397	10	8	52	26	39	2.65
Sep 2023	484	2	425	10	8	59	26	44	2.99
Dec 2023	512	2	443	10	9	69	28	50	3.39
Mar 2024	735	1	647	17	9	94	24	72	4.89
Jun 2024	516	2	456	13	9	62	26	46	3.12
Sep 2024	589	2	522	13	10	68	25	51	3.46
Dec 2024	650	2	576	11	10	73	27	53	3.64
Mar 2025	785	3	702	15	11	85	24	65	4.4
Jun 2025	518	2	462	20	11	63	26	47	3.2
Sep 2025	678	2	617	16	11	64	25	48	3.26
Dec 2025	669	7	613	0	17	32	25	24	1.64
Mar 2026	814	10	803	45	18	27	28	20	1.33
Jun 2026	636	8	605	13	20	15	26	11	0.78

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	732	12	680	8	10	38	31	26	1.8
Mar 2016	802	12	740	12	10	51	33	34	2.37
Mar 2017	926	15	848	18	11	71	34	47	3.2
Mar 2018	986	18	913	30	12	73	34	48	3.25
Mar 2019	1102	18	1009	44	18	101	34	67	4.54
Mar 2020	1407	16	1283	48	22	134	26	99	6.76
Mar 2021	1402	12	1205	37	26	196	25	146	9.95
Mar 2022	1509	10	1310	46	27	209	26	154	10.51
Mar 2023	1892	11	1652	45	28	246	25	185	12.62
Mar 2024	2180	10	1910	47	33	274	26	204	13.92
Mar 2025	2540	11	2252	51	40	288	26	214	14.62
Mar 2026	2679	23	2492	80	58	187	26	138	9.44
TTM	2797	27	2638	74	67	139	—	103	7.01

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	25.43%
FIIs	4.86%
DIIs	15.32%
Public	38.21%
Others	16.18%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public	Others
Sep 2023	26.76%	3.94%	11.9%	41.2%	16.18%
Dec 2023	26.46%	5.2%	11.95%	40.2%	16.18%
Mar 2024	26.38%	5.63%	12.21%	39.59%	16.18%
Jun 2024	26.2%	5.43%	12.83%	39.36%	16.18%
Sep 2024	25.9%	5.44%	13.24%	39.26%	16.18%
Dec 2024	25.78%	5.83%	13.62%	38.58%	16.18%
Mar 2025	25.76%	5.5%	13.88%	38.69%	16.18%
Jun 2025	25.71%	5.27%	14.09%	38.77%	16.18%
Sep 2025	25.67%	4.85%	14.29%	39.01%	16.18%
Dec 2025	25.58%	4.68%	14.22%	39.34%	16.18%
Mar 2026	25.52%	4.63%	14.8%	38.86%	16.18%
Jun 2026	25.43%	4.86%	15.32%	38.21%	16.18%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	15	206	52	360	632	70	5	55	502	632
Mar 2016	15	236	62	387	700	80	2	55	562	700
Mar 2017	15	256	87	625	982	90	34	57	802	982
Mar 2018	15	299	139	656	1108	136	7	58	908	1108
Mar 2019	15	360	86	755	1215	144	12	61	998	1215
Mar 2020	15	467	100	855	1437	177	12	62	1186	1437
Mar 2021	15	612	41	828	1496	174	15	63	1244	1496
Mar 2022	15	753	38	861	1667	177	20	64	1405	1667
Mar 2023	15	872	49	998	1934	204	42	59	1629	1934
Mar 2024	15	1060	59	1197	2331	263	61	85	1922	2331
Mar 2025	15	1256	244	1377	2891	290	322	86	2193	2891
Mar 2026	15	1375	410	1461	3260	637	175	87	2361	3260

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	42	-6	-35	1
Mar 2016	24	-16	-4	4
Mar 2017	158	-65	4	98
Mar 2018	80	-160	33	-48
Mar 2019	105	-57	-73	-25
Mar 2020	65	7	-23	49
Mar 2021	192	-25	-70	97
Mar 2022	75	-81	-22	-28
Mar 2023	55	-23	-27	5
Mar 2024	124	-161	-12	-48
Mar 2025	26	-169	148	5
Mar 2026	-56	-30	111	25

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	163	153	154	159	142	133	118	123	135	154	158	146
Inventory Days	34	41	59	43	54	45	42	57	55	50	54	80
Days Payable	203	199	196	188	196	181	205	188	156	172	164	176
Cash Conversion Cycle	-6	-5	17	14	0	-2	-46	-9	34	32	48	50
Working Capital Days	21	27	-25	-49	-40	-31	-33	-6	13	26	38	63
ROCE %	18%	22%	26%	22%	26%	29%	33%	30%	30%	27%	23%	13%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of ION EXCHANGE (INDIA) LTD (IONEXCHANG)?

The reported market capitalisation for ION EXCHANGE (INDIA) LTD (IONEXCHANG) is ₹5,537Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of IONEXCHANG?

The current price shown for ION EXCHANGE (INDIA) LTD (IONEXCHANG) on Fincrux is ₹378 with a 52-week high/low of ₹486/312.

What is the P/E ratio of ION EXCHANGE (INDIA) LTD (IONEXCHANG)?

The stock P/E for ION EXCHANGE (INDIA) LTD (IONEXCHANG) is 48.8 on Fincrux, with ROE at 11.1% and ROCE at 13.4%.

What were IONEXCHANG latest quarterly results?

For Jun 2026, ION EXCHANGE (INDIA) LTD (IONEXCHANG) reported sales ₹636 Cr and net profit ₹11 Cr (figures in ₹ crore unless noted).

What are IONEXCHANG annual sales and net profit?

For TTM, ION EXCHANGE (INDIA) LTD (IONEXCHANG) shows sales of ₹2,797 Cr and net profit of ₹103 Cr on the Fincrux profit & loss statement.

Who owns ION EXCHANGE (INDIA) LTD (IONEXCHANG)?

Latest shareholding for ION EXCHANGE (INDIA) LTD (IONEXCHANG) on Fincrux: Promoters 25.43% (Jun 2026), FIIs 4.86% (Jun 2026), DIIs 15.32% (Jun 2026), Public 38.21% (Jun 2026), Others 16.18% (Jun 2026).

Where can I find ION EXCHANGE (INDIA) LTD (IONEXCHANG) financials?

ION EXCHANGE (INDIA) LTD (IONEXCHANG) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show IONEXCHANG balance sheet and cash flow?

Yes. The ION EXCHANGE (INDIA) LTD (IONEXCHANG) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 5:36