Debut Plus

435.95

-8.26 -1.86%

16 Jul 2026

NSE Listed

Ion Exchange (India) Ltd. (IONEXCHANG)

Volume: 7,12,038Avg Vol 1W: 60,70,089Avg Vol 1M: 20,04,68552W Range:312.7580.75
Market Cap₹6,515 Cr
Current Price₹435.95
Previous Close₹444.21
High / Low (52w)₹580.75 / ₹312.7
Volume7,12,038
Avg Vol (1W)60,70,089
Avg Vol (1M)20,04,685
Stock P/E217.75
Book Value₹94.1
Dividend Yield0.4%
ROE10.7%
ROA4.2%
Revenue (TTM)₹2,786 Cr
Revenue Growth16.6%
Profit Margin4.9%
Total Debt₹252 Cr
Shares Outstanding15 Cr
Face Value₹1
EPS (TTM)₹2.04
P/B4.72
Debt / Equity0.36
50 DMA₹391.17
200 DMA₹377.35
Day change-1.86%
Price Chart
435.95 23.23% · 1Y
5683171.3Cr
2025-07-16
2026-07-15

20-day avg volume: 20.0L shares

Pros
  • Company is almost debt-free.
Cons
  • Revenue fell 11% YoY.
  • Stock trades at a high P/E of 218.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹568 Cr₹644 Cr₹691 Cr₹835 Cr₹583 Cr₹734 Cr₹734 Cr₹863 Cr
EBITDA₹65 Cr₹72 Cr₹72 Cr₹89 Cr₹68 Cr₹71 Cr₹52 Cr₹43 Cr
Net Profit₹45 Cr₹51 Cr₹49 Cr₹63 Cr₹49 Cr₹50 Cr₹20 Cr₹24 Cr
EPS
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹1,067 Cr₹1,196 Cr₹1,515 Cr₹1,483 Cr₹1,619 Cr₹2,031 Cr₹2,392 Cr₹2,786 Cr
EBITDA₹85 Cr₹120 Cr₹146 Cr₹208 Cr₹227 Cr₹267 Cr₹279 Cr₹298 Cr
Net Profit₹40 Cr₹65 Cr₹94 Cr₹144 Cr₹163 Cr₹197 Cr₹196 Cr₹208 Cr
EPS34.7456.4280.22121.41137.316.616.5317.53
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹1,065 Cr₹1,165 Cr₹1,382 Cr₹1,443 Cr₹1,625 Cr₹1,940 Cr₹2,449 Cr₹2,987 Cr
Total Liabilities₹862 Cr₹903 Cr₹1,017 Cr₹938 Cr₹971 Cr₹1,104 Cr₹1,430 Cr₹1,777 Cr
Equity₹203 Cr₹262 Cr₹365 Cr₹506 Cr₹655 Cr₹836 Cr₹1,020 Cr₹1,209 Cr
Total Debt
Cash Flow
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹115 Cr₹160 Cr₹138 Cr₹247 Cr₹163 Cr₹137 Cr₹205 Cr₹104 Cr
Investing₹-166 Cr₹-70 Cr₹-18 Cr₹-29 Cr₹-92 Cr₹-40 Cr₹-160 Cr₹-165 Cr
Financing₹31 Cr₹-79 Cr₹-28 Cr₹-75 Cr₹-27 Cr₹-15 Cr₹8 Cr₹128 Cr
Free Cash Flow₹115 Cr₹160 Cr₹138 Cr₹247 Cr₹163 Cr₹137 Cr₹205 Cr₹104 Cr
Shareholding
Promoter 25.52% Institutions 19.42% Public 55.05%
Efficiency & Working Capital
ROCE11.9%
Interest Coverage18
Dividend Payout
Debtor Days151 d
Inventory Days40 d
Payable Days104 d
Cash Conversion Cycle87 d
Working Capital Days191 d
Shareholding Details

As of 2026-03-31

Promoter25.5%
FII4.6%
DII14.8%
Institutions19.4%
Public55.1%
Promoter Pledge0%
No. of Shareholders1,16,996
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodJun 2023Sept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters26.9%26.8%26.5%26.4%26.2%25.9%25.8%25.8%25.7%25.7%25.6%25.5%
FIIs2.4%3.9%5.2%5.6%5.4%5.4%5.8%5.5%5.3%4.8%4.7%4.6%
DIIs11.7%11.9%9.8%12.2%12.8%13.2%13.6%13.9%14.1%14.3%14.2%14.8%
Public59%57.4%58.6%55.8%55.5%55.4%54.8%54.9%54.9%55.2%55.5%55.1%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders48,37362,68971,50775,49787,5861,15,6641,19,0371,28,1641,25,6511,19,1391,20,4881,16,996
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Rajesh SharmaShareholding of Promoter and Promoter Group5.7%82,81,669
Nippon Life India Trustee Ltd-a/c Nippon India Small Cap FundPublic Shareholding5%72,61,360
Mahabir Prasad PatniShareholding of Promoter and Promoter Group4.7%68,62,924
Dinesh SharmaShareholding of Promoter and Promoter Group3.9%57,12,710
Hdfc Small Cap FundPublic Shareholding3%44,11,671
Bimal JainShareholding of Promoter and Promoter Group2.5%36,38,515
Franklin India Small Cap FundPublic Shareholding2.3%33,07,202
Aankur PatniShareholding of Promoter and Promoter Group2%29,52,930
Abakkus Emerging Opportunities Fund-1Public Shareholding1.9%27,12,799
Aqua Investments (india) LimitedShareholding of Promoter and Promoter Group1.7%25,38,030
Watercare Investments (india) LimitedShareholding of Promoter and Promoter Group1.3%18,40,710
Sundaram Mutual Fund A/c Sundaram Small Cap FundPublic Shareholding1.1%16,02,315
Vishnu RanganathanShareholding of Promoter and Promoter Group1.1%15,73,000
Uma Gopal RanganathanShareholding of Promoter and Promoter Group0.9%12,90,220
Aruna SharmaShareholding of Promoter and Promoter Group0.8%11,03,460
Poonam SharmaShareholding of Promoter and Promoter Group0.6%8,06,500
Ion Exchange Financial Products Private LimitedShareholding of Promoter and Promoter Group0.3%5,04,220
Dhruv Dinesh TrigunayatShareholding of Promoter and Promoter Group0.1%1,50,000
Priya TrigunayatShareholding of Promoter and Promoter Group0.1%1,50,000
Pallavi SharmaShareholding of Promoter and Promoter Group0%20,000
Nidhi PatniShareholding of Promoter and Promoter Group0%10,000
Nirmala PatniShareholding of Promoter and Promoter Group0%0
Anita JainShareholding of Promoter and Promoter Group0%0
Thathamangalam Subramanian ViswanathanNon Promoter û Non Public shareholder0%0
Radha MenonNon Promoter û Non Public shareholder0%0
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Rajesh Sharma00%2026-03-31
Mahabir Prasad Patni00%2026-03-31
Dinesh Sharma00%2026-03-31
Bimal Jain00%2026-03-31
Aankur Patni00%2026-03-31
Uma Gopal Ranganathan00%2026-03-31
Aruna Sharma00%2026-03-31
Poonam Sharma00%2026-03-31
Dhruv Dinesh Trigunayat00%2026-03-31
Priya Trigunayat00%2026-03-31
Pallavi Sharma00%2026-03-31
Nidhi Patni00%2026-03-31
Board of Directors
NameDesignationYear
Rajesh SharmaChairman & Exec. Director2025
Indraneel DuttManaging Director & CEO2025
M P PatniNon-Exec & Non-Independent Dir2025
Dinesh SharmaVice Chairman & Executive Dire2025
Aankur PatniVice Chairman & Executive Dire2025
David RasquinhaIndependent Non Exe. Director2025
SANJAY VITHALRAO JOSHIIndependent Non Exe. Director2025
G PadbhanabhanIndependent Non Exe. Director2025
Amitava GuharoyIndependent Non Exe. Director2025
Alka Arora MisraIndependent Non Exe. Director2025
Nikisha SolankiCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Engineering₹1,637 Cr62.6%
Chemicals₹688 Cr26.3%
Consumer Products₹290 Cr11.1%
Segments — Geography
RegionRevenueShare
India₹1,780 Cr70.1%
Outside India₹760 Cr29.9%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹1321515
Corporate Actions
TypeDateValueRemark
dividend2025-09-02₹1.5 (150%)Final
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
20253838602713510
20252132000215
2025600006
Insider / Designated-Person Trades

26 recent disclosure(s)

Dinesh SharmaDisposal · 3,10,000
Poonam SharmaAcquisition · 3,10,000
Rajesh SharmaAcquisition · 3,000
Mahabir Prasad PatniDisposal · 25,050
Bimal JainDisposal · 25,552
Bimal JainDisposal · 81,163
Company Information
Incorporated1964
ChairmanRajesh Sharma
AuditorDeloitte Haskins & Sells LLP
Investor Email[email protected]
🌐 www.ionindia.com

📍 Ion House P O Box 6273, Dr E Moses Road Mahalaxmi, Mumbai, Maharashtra, 400011

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

More stocks

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search