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ION Exchange

  • Market Cap: Mid Cap
  • Industry: Engineering - Industrial Equipments
  • ISIN: INE570A01022
  • NSEID: IONEXCHANG
  • BSEID: 500214
INR
480.35
17.1 (3.69%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 88.17 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

88.17 k (-35.51%) Volume

Shareholding (Dec 2024)

FII

5.83%

Held by 106 FIIs

DII

13.62%

Held by 16 DIIs

Promoter

25.80%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 11.46% and Operating profit at 14.11% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Engineering - Industrial Equipments

stock-summary
Market cap

INR 7,045 Cr (Mid Cap)

stock-summary
P/E

31.00

stock-summary
Industry P/E

34

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.25

stock-summary
Return on Equity

19.72%

stock-summary
Price to Book

6.20

Revenue and Profits (1 Year):
Net Sales:
691 Cr
(Quarterly Results - Dec 2024)
Net Profit:
49 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-24.41%
0%
-24.41%
1 Year
-8.19%
0%
-8.19%
2 Years
43.89%
0%
43.89%
3 Years
179.62%
6.03%
185.65%
4 Years
274.83%
14.49%
289.32%
5 Years
649.73%
33.08%
682.81%

Latest dividend: 10 per share ex-dividend date: Aug-29-2022

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
11.46%
EBIT Growth (5y)
14.11%
EBIT to Interest (avg)
18.35
Debt to EBITDA (avg)
0.45
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.38
Tax Ratio
26.42%
Dividend Payout Ratio
10.89%
Pledged Shares
0
Institutional Holding
19.45%
ROCE (avg)
109.07%
ROE (avg)
24.01%
Valuation key factors
Factor
Value
P/E Ratio
31
Industry P/E
34
Price to Book Value
6.20
EV to EBIT
25.36
EV to EBITDA
21.72
EV to Capital Employed
7.94
EV to Sales
2.43
PEG Ratio
5.19
Dividend Yield
NA
ROCE (Latest)
30.93%
ROE (Latest)
19.72%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 10 Schemes (11.09%)

FIIs

Held by 106 FIIs (5.83%)

Promoter with highest holding

Rajesh Sharma (5.62%)

Highest Public shareholder

Nippon Life India -various Funds (5.6%)

Individual Investors Holdings

31.5%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 24.67% vs 8.15% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 2.32% vs -1.23% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "690.51",
          "val2": "553.85",
          "chgp": "24.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "75.47",
          "val2": "70.58",
          "chgp": "6.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.30",
          "val2": "3.22",
          "chgp": "2.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "48.56",
          "val2": "47.46",
          "chgp": "2.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.93%",
          "val2": "12.74%",
          "chgp": "-1.81%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 19.74% vs 21.95% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 26.57% vs 13.07% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,212.04",
          "val2": "1,012.19",
          "chgp": "19.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "132.51",
          "val2": "109.17",
          "chgp": "21.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.55",
          "val2": "5.61",
          "chgp": "16.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "95.90",
          "val2": "75.77",
          "chgp": "26.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.93%",
          "val2": "10.79%",
          "chgp": "0.14%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 21.49% vs 16.68% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 17.23% vs 7.10% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,902.55",
          "val2": "1,566.04",
          "chgp": "21.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "207.98",
          "val2": "179.75",
          "chgp": "15.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.85",
          "val2": "8.83",
          "chgp": "11.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "144.46",
          "val2": "123.23",
          "chgp": "17.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.93%",
          "val2": "11.48%",
          "chgp": "-0.55%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 18.01% vs 26.17% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -0.37% vs 20.86% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,347.85",
          "val2": "1,989.61",
          "chgp": "18.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "271.95",
          "val2": "254.99",
          "chgp": "6.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "12.06",
          "val2": "9.20",
          "chgp": "31.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "196.02",
          "val2": "196.74",
          "chgp": "-0.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.58%",
          "val2": "12.82%",
          "chgp": "-1.24%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
690.51
553.85
24.67%
Operating Profit (PBDIT) excl Other Income
75.47
70.58
6.93%
Interest
3.30
3.22
2.48%
Exceptional Items
0.00
0.00
Consolidate Net Profit
48.56
47.46
2.32%
Operating Profit Margin (Excl OI)
10.93%
12.74%
-1.81%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 24.67% vs 8.15% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 2.32% vs -1.23% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,212.04
1,012.19
19.74%
Operating Profit (PBDIT) excl Other Income
132.51
109.17
21.38%
Interest
6.55
5.61
16.76%
Exceptional Items
0.00
0.00
Consolidate Net Profit
95.90
75.77
26.57%
Operating Profit Margin (Excl OI)
10.93%
10.79%
0.14%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 19.74% vs 21.95% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 26.57% vs 13.07% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,902.55
1,566.04
21.49%
Operating Profit (PBDIT) excl Other Income
207.98
179.75
15.71%
Interest
9.85
8.83
11.55%
Exceptional Items
0.00
0.00
Consolidate Net Profit
144.46
123.23
17.23%
Operating Profit Margin (Excl OI)
10.93%
11.48%
-0.55%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 21.49% vs 16.68% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 17.23% vs 7.10% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,347.85
1,989.61
18.01%
Operating Profit (PBDIT) excl Other Income
271.95
254.99
6.65%
Interest
12.06
9.20
31.09%
Exceptional Items
0.00
0.00
Consolidate Net Profit
196.02
196.74
-0.37%
Operating Profit Margin (Excl OI)
11.58%
12.82%
-1.24%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 18.01% vs 26.17% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -0.37% vs 20.86% in Mar 2023

stock-summaryCompany CV
About Ion Exchange (India) Ltd stock-summary
stock-summary
Ion Exchange (India) Ltd
Mid Cap
Engineering - Industrial Equipments
Ion Exchange (India) Limited, established on March 6, 1964 is a leader in Indian water treatment Industry offers total water management solutions for Industry, Homes and Communities. It is one of the very few companies in the world with a range of technologies, products and services that cover the entire spectrum of water and waste-water treatment. A subsidiary of British Permutit till 1985, it became a wholly Indian company when Permutit divested its holdings.
Company Coordinates stock-summary
Company Details
Ion House P O Box 6273, Dr E Moses Road Mahalaxmi Mumbai Maharashtra : 400011
stock-summary
Tel: 91-22-39890909
stock-summary
ieil@ionexchange.co.in
Registrar Details
TSR Darashaw Ltd, 6-10 , Haji Moosa Patrawala Indl. Est , 20 Dr.E.Moses Road , Mahalaxmi , Mumbai