- Valuation
- ₹10,550 Cr

About Ion Exchange
Ion Exchange is a publicly listed company based in Mumbai (India) founded in 1964. Water and environmental management solutions are provided by Ion Exchange. The company has 2,670 employees. Its chief executive, as recorded, is Indraneel Dutt. Its website ionexchangeglobal.com draws about 68 thousand monthly visits. Its Indian entity Ion Exchange (India) Limited reported revenue of βΉ3,003 Cr. Ion Exchange offers products and services including Ion Exchange Resins, HydraMem Membranes, and Speciality Chemicals. Its focus areas include Waste & Water Management, Wastewater Management, Treatment and Municipal & Industrial.
Company details
Ion Exchange was founded in 1964 in Mumbai, India, and operates within the water and environmental management sector. Services encompass water treatment, air pollution control, solid and hazardous waste management, sewage treatment, domestic sewage treatment, energy generation, and broader environmental solutions. The company maintains a global presence through its domain ionexchangeglobal.com, with leadership including Co-CEOs Indraneel Dutt and Ashok Olla.
Recognitions & Rankings of Ion Exchange
- Headquarters Mumbai, India
- Employees 2,670
- Stage Public
- SectorsEnvironment
- Website category Heavy Industry and Engineering · Chemical Industry
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website ionexchangeglobal.com
- Social LinkedIn X Facebook YouTube
- Legal Name Ion Exchange (India) Ltd.
- Market Cap₹4,879 Cr
IONEXCHANG · NSE
- Share Price₹340.10
+2.24% today
- Revenue₹2,915 Cr
FY 2025-26 · +6.5% YoY
- EBITDA₹197 Cr
Margin 6.8%
- Net Profit₹153 Cr
FY 2025-26 · -26.1% YoY
- P/E (TTM)45.0x
P/B 3.7x
- ROE11.2%
ROCE 13.0%
- Debt / Equity0.32
Interest cover 20.5x
- Investors
- Employee Count2,670
Associated legal entities of Ion Exchange
Ion Exchange is associated with 5 registered companies on The Company Check; the primary company is Ion Exchange (India) Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ion Exchange (India) Limited Listed CIN L74999MH1964PLC014258 | Active | 06 Mar 1964 | Mumbai, Maharashtra | ₹3,003 Cr | 2,253 | 13 | View details |
| Ion Exchange Projects And Engineering Limited CIN U74200MH2011PLC216024 | Active | 11 Apr 2011 | Mumbai, Maharashtra | ₹34.6 Cr | 274 | 8 | View details |
| Ion Exchange Environment Management Limited CIN U45204MH2005PLC157554 | Amalgamated | 24 Nov 2005 | Mumbai, Maharashtra | ₹12.7 Cr | 6 | 4 | View details |
| Ion Exchange Purified Drinking Water Private Limited CIN U41000MH2013PTC248560 | Active | 25 Sep 2013 | Mumbai, Maharashtra | ₹17.7 Cr | 1 | 3 | View details |
| Ion Exchange Enviro Farms Limited CIN U01110MH1995PLC091478 | Active | 07 Aug 1995 | Mumbai, Maharashtra | ₹2.7 Cr | 6 | 4 | View details |
Products & Services of Ion Exchange
Ion Exchange offers a comprehensive portfolio of products and services, including Ion Exchange Resins, HydraMem Membranes, and Speciality Chemicals.
Resins for purifying water in industrial processes.
High-performance membranes for water filtration systems.
Chemicals for water and waste management applications.
Apps and channels of Ion Exchange
its YouTube channel Ion Exchange has 1.66K subscribers and 30 videos.
Videos from Ion Exchange
The most watched videos on Ion Exchange's YouTube channel, Ion Exchange (1.66K subscribers). Click a video to play it here.
More on Ion Exchange.
Funding Insights of Ion Exchange
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Ion Exchange with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2019 | Grant | β | β |
1 investors in total: 1 institutional.
Investors in Ion Exchange
Ion Exchange has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Ion Exchange
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ion Exchange (India) Limited (Ion Exchange)
Ion Exchange (India) Limited is the primary company behind Ion Exchange. The boards of the 5 registered companies of Ion Exchange currently have 19 directors; the longest-serving is Abhiram Seth, appointed in 1999. 33 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhiram Seth DIN 00176144 | Director | 28 Jul 1999 | 27 yrs 2 mo | Ion Exchange Enviro Farms Limited |
| Bhaskar Bandu Jadhav DIN 00355911 | Director | 28 Nov 2003 | 22 yrs 10 mo | Ion Exchange Enviro Farms Limited |
| Vijay Narhar Gupchup DIN 00042936 | Director | 24 Nov 2005 | 20 yrs 11 mo | Ion Exchange Environment Management Limited |
| Dinesh Sharma DIN 00051986 | Director | 24 Jan 2006 | 20 yrs 9 mo | Ion Exchange (India) Limited |
| Aankur Patni DIN 00090657 | Director | 11 Apr 2011 | 15 yrs 6 mo | Ion Exchange Projects And Engineering Limited, Ion Exchange (India) Limited |
| Mahabir Prasad Patni DIN 00515553 | Whole-time director | 11 Apr 2011 | 15 yrs 6 mo | Ion Exchange Projects And Engineering Limited, Ion Exchange (India) Limited |
| Rajesh Chandrabhan Sharma DIN 00515486 | Director | 11 Apr 2011 | 15 yrs 6 mo | Ion Exchange Projects And Engineering Limited, Ion Exchange (India) Limited, Ion Exchange Enviro Farms Limited, Ion Exchange Environment Management Limited |
| Ramendra Gupta DIN 00306663 | Director | 26 Sep 2012 | 14 yrs | Ion Exchange Projects And Engineering Limited |
| Pradip Mukund Nawathe DIN 06582114 | Director | 30 Sep 2012 | 14 yrs | Ion Exchange Enviro Farms Limited |
| Ajay Anoop Popat DIN 00274602 | Director | 29 May 2013 | 13 yrs 4 mo | Ion Exchange Environment Management Limited |
| Dinesh Sadasivan DIN 01688840 | Director | 20 Jan 2015 | 11 yrs 9 mo | Ion Exchange Purified Drinking Water Private Limited |
| Nandkumar Manohar Ranadive DIN 00274887 | Director | 20 Jan 2015 | 11 yrs 9 mo | Ion Exchange Purified Drinking Water Private Limited |
| Manish Gandhi DIN 09494649 | Director | 08 Feb 2022 | 4 yrs 8 mo | Ion Exchange Purified Drinking Water Private Limited |
| Sanjay Vithalrao Joshi DIN 01656787 | Director | 31 Jul 2024 | 2 yrs 2 mo | Ion Exchange Projects And Engineering Limited, Ion Exchange (India) Limited |
| David Paul Rasquinha DIN 01172654 | Director | 31 Jul 2024 | 2 yrs 2 mo | Ion Exchange Projects And Engineering Limited, Ion Exchange (India) Limited |
| Padmanabhan Gopalaraman DIN 07130908 | Director | 02 Aug 2024 | 2 yrs 2 mo | Ion Exchange (India) Limited |
| Alka Arora Misra DIN 08038518 | Director | 02 Aug 2024 | 2 yrs 2 mo | Ion Exchange (India) Limited |
| Amitava Guharoy DIN 10708866 | Director | 02 Aug 2024 | 2 yrs 2 mo | Ion Exchange (India) Limited |
| Indraneel Dutt DIN 01942447 | Managing Director | 01 Oct 2024 | 2 yrs | Ion Exchange (India) Limited |
People of Ion Exchange
79 people are tracked at Ion Exchange (27 in leadership, 52 in team); the tracked headcount is 2,670.
| Name | Role | Group |
|---|---|---|
| Co-CEO & MD | Leadership | |
Ashok Olla | Co-CEO | Leadership |
Kanchan Nabar | General Manager Marketing & Corporate Communications | Leadership |
Rajesh Srivastava | President And CHRO | Leadership |
Arun Kanawade | Associate Vice President - Procurement | Leadership |
Rtn. Dinesh Sharma | Executive Director | Leadership |
Mohammad Julfikar Sheikh | Vice President | Leadership |
Aman Dwivedi | Head - Learning And Development - Zerob North India & Nepal | Leadership |
Jugal Kawad | Deputy General Manager | Leadership |
Nitin Umbralkar | Vice President Marketing | Leadership |
Gourish Chakravorty | Senior Vice President | Leadership |
Rudra Das | Vice President Legal Affairs | Leadership |
Amit Singh | General Manager- Corporate Marketing | Leadership |
Rajeev Saxena | General Manager - HR & Admin | Leadership |
Ravindra M. Keni | Vice President, Community & Commercial Water Solutions | Leadership |
Smita Atul Chaphekar | Deputy General Manager | Leadership |
Anurag Khare | General Manager Corporate Digital Marketing | Leadership |
Sidharth Theraja | Vice President | Leadership |
Vishwasunder Ramaswamy | Deputy General Manager Learning And Development | Leadership |
Ojas P Vora | National Service Head | Leadership |
59 more people are available in the full profile.
Complete people profiles for Ion Exchange
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Ion Exchange
Ion Exchange is a publicly listed company on the NSE with ticker symbol IONEXCHANG in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date22 Feb 2022
- Listed onNSE: IONEXCHANG
- Listed entityIon Exchange (India) Ltd.
- Exchange sectorProducer manufacturing
- ISININE570A01022
- Share price₹387.75 (+0.15% on the day) · 2026-10-14
- Market capitalisation₹5,663 Cr
- Price to earnings46.9
- EPS (diluted, trailing year)₹8.27
- Dividend yield0.32%
- Volume (last session)113,382
Financials of Ion Exchange
Exchange-reported figures of Ion Exchange (India) Limited, the listed company behind Ion Exchange (NSE: IONEXCHANG).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,915 | 2,737 | 2,348 | 1,990 | 1,577 | 1,450 | 1,480 |
| Revenue growth | +6.5% | +16.6% | +18.0% | +26.2% | +8.8% | -2.1% | - |
| EBITDA | 197 | 297 | 275 | 258 | 216 | 204 | 138 |
| EBITDA margin | +6.8% | +10.9% | +11.7% | +13.0% | +13.7% | +14.1% | +9.3% |
| Profit before tax | 195 | 285 | 269 | 259 | 217 | 195 | 131 |
| Net profit | 153 | 208 | 196 | 197 | 163 | 146 | 93.69 |
| Net profit margin | +5.3% | +7.6% | +8.3% | +9.9% | +10.3% | +10.1% | +6.3% |
| EPS (βΉ) | 10.03 | 14.61 | 13.78 | 138.27 | 114.40 | 101.16 | 65.80 |
| Balance sheet | |||||||
| Total assets | 1,865 | 1,566 | 1,213 | 928 | 738 | 594 | 514 |
| Net worth | 1,339 | 1,208 | 1,018 | 833 | 656 | 506 | 363 |
| Total debt | 482 | 323 | 152 | 59.23 | 55.22 | 62.32 | 122 |
| Cash & bank | 319 | 466 | 588 | 548 | 536 | 505 | 373 |
| Net working capital | 850 | 768 | 723 | 616 | 460 | 344 | 261 |
| Cash flow | |||||||
| Cash from operations | (28.47) | 32.05 | 130 | 62.73 | 91.38 | 197 | 102 |
| Cash from investing | (36.38) | (165) | (160) | (41.14) | (92.67) | (26.58) | (17.34) |
| Cash from financing | 100 | 128 | 8.36 | (15.31) | (26.86) | (74.70) | (28.17) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 700 | 863 | 734 | 734 | 583 | 835 | 691 | 644 |
| Revenue growth (YoY) | +20.1% | +3.4% | +6.4% | +13.9% | +2.8% | - | - | - |
| Other income | 6.36 | 43.13 | 12.54 | 14.62 | 18.20 | 14.84 | 8.91 | 14.53 |
| EBITDA | 31.74 | 19.74 | 42.28 | 68.49 | 62.54 | 85.74 | 75.47 | 68.30 |
| EBITDA margin | +4.5% | +2.3% | +5.8% | +9.3% | +10.7% | +10.3% | +10.9% | +10.6% |
| Depreciation | 21.75 | 19.60 | 18.57 | 12.17 | 12.26 | 11.83 | 11.33 | 10.89 |
| Interest | 8.95 | 10.79 | 7.57 | 3.08 | 2.56 | 3.61 | 3.30 | 3.62 |
| Profit before tax | 7.40 | 32.48 | 28.68 | 67.86 | 65.92 | 85.14 | 69.75 | 68.32 |
| Tax | 4.34 | 8.19 | 8.12 | 17.94 | 17.48 | 21.90 | 20.16 | 17.68 |
| Net profit | 3.06 | 24.29 | 20.56 | 49.92 | 48.44 | 63.24 | 49.59 | 50.64 |
| EPS (βΉ) | 0.35 | 2.04 | 1.71 | 4.18 | 4.11 | 5.34 | 4.10 | 4.30 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,679 | 2,540 | 2,180 | 1,892 | 1,509 | 1,402 | 1,407 |
| Revenue growth | +5.5% | +16.5% | +15.2% | +25.4% | +7.7% | -0.4% | - |
| EBITDA | 173 | 288 | 270 | 240 | 199 | 197 | 124 |
| EBITDA margin | +6.4% | +11.3% | +12.4% | +12.7% | +13.2% | +14.1% | +8.8% |
| Profit before tax | 187 | 288 | 274 | 246 | 209 | 196 | 134 |
| Net profit | 148 | 214 | 204 | 185 | 154 | 146 | 99.19 |
| Net profit margin | +5.5% | +8.4% | +9.4% | +9.8% | +10.2% | +10.4% | +7.1% |
| EPS (βΉ) | 9.43 | 14.62 | 13.92 | 126.23 | 105.14 | 99.53 | 67.58 |
| Balance sheet | |||||||
| Total assets | 1,838 | 1,545 | 1,171 | 966 | 831 | 691 | 605 |
| Net worth | 1,390 | 1,270 | 1,074 | 887 | 767 | 627 | 482 |
| Total debt | 410 | 244 | 59.24 | 49.31 | 37.93 | 41.14 | 99.73 |
| Cash & bank | 271 | 424 | 535 | 517 | 513 | 487 | 354 |
| Net working capital | 819 | 721 | 699 | 615 | 513 | 389 | 304 |
| Cash flow | |||||||
| Cash from operations | (55.73) | 26.18 | 124 | 54.68 | 75.14 | 192 | 64.73 |
| Cash from investing | (30.15) | (169) | (161) | (22.78) | (81.17) | (25.49) | 6.55 |
| Cash from financing | 111 | 148 | (11.76) | (26.98) | (21.71) | (69.52) | (22.66) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 636 | 814 | 669 | 678 | 518 | 785 | 650 | 589 |
| Revenue growth (YoY) | +22.7% | +3.7% | +2.9% | +15.2% | +0.3% | - | - | - |
| Other income | 13.24 | 44.70 | 14.25 | 16.48 | 19.52 | 15.15 | 10.76 | 12.61 |
| Total expenses | 605 | 803 | 627 | 617 | 462 | 702 | 576 | 522 |
| EBITDA | 30.68 | 11.08 | 41.73 | 60.77 | 56.21 | 83.28 | 74.43 | 66.95 |
| EBITDA margin | +4.8% | +1.4% | +6.2% | +9.0% | +10.9% | +10.6% | +11.5% | +11.4% |
| Depreciation | 20.34 | 18.38 | 17.21 | 10.96 | 11.03 | 10.66 | 10.21 | 9.77 |
| Interest | 8.21 | 10.07 | 6.64 | 2.17 | 1.66 | 2.53 | 2.05 | 2.14 |
| Profit before tax | 15.37 | 27.33 | 32.13 | 64.12 | 63.04 | 85.24 | 72.93 | 67.65 |
| Tax | 3.97 | 7.76 | 8.07 | 16.25 | 16.16 | 20.66 | 19.60 | 16.91 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 700 | 863 | 734 | 734 | 583 | 835 | 691 | 644 |
| Revenue growth (YoY) | +20.1% | +3.4% | +6.4% | +13.9% | +2.8% | - | - | - |
| Other income | 6.36 | 43.13 | 12.54 | 14.62 | 18.20 | 14.84 | 8.91 | 14.53 |
| EBITDA | 31.74 | 19.74 | 42.28 | 68.49 | 62.54 | 85.74 | 75.47 | 68.30 |
| EBITDA margin | +4.5% | +2.3% | +5.8% | +9.3% | +10.7% | +10.3% | +10.9% | +10.6% |
| Depreciation | 21.75 | 19.60 | 18.57 | 12.17 | 12.26 | 11.83 | 11.33 | 10.89 |
| Interest | 8.95 | 10.79 | 7.57 | 3.08 | 2.56 | 3.61 | 3.30 | 3.62 |
| Profit before tax | 7.40 | 32.48 | 28.68 | 67.86 | 65.92 | 85.14 | 69.75 | 68.32 |
| Tax | 4.34 | 8.19 | 8.12 | 17.94 | 17.48 | 21.90 | 20.16 | 17.68 |
| Net profit | 3.06 | 24.29 | 20.56 | 49.92 | 48.44 | 63.24 | 49.59 | 50.64 |
| EPS (βΉ) | 0.35 | 2.04 | 1.71 | 4.18 | 4.11 | 5.34 | 4.10 | 4.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,915 | 2,737 | 2,348 | 1,990 | 1,577 | 1,450 | 1,480 |
| Revenue growth | +6.5% | +16.6% | +18.0% | +26.2% | +8.8% | -2.1% | - |
| Other income | 88.27 | 49.61 | 45.42 | 42.00 | 42.11 | 33.09 | 35.81 |
| Total expenses | 2,718 | 2,440 | 2,073 | 1,732 | 1,361 | 1,245 | 1,342 |
| Employee cost | 415 | 342 | 297 | 236 | 199 | 174 | 181 |
| EBITDA | 197 | 297 | 275 | 258 | 216 | 204 | 138 |
| EBITDA margin | +6.8% | +10.9% | +11.7% | +13.0% | +13.7% | +14.1% | +9.3% |
| Depreciation | 62.60 | 44.49 | 36.41 | 29.09 | 28.04 | 27.67 | 23.53 |
| Interest | 27.50 | 16.83 | 15.47 | 12.05 | 12.67 | 14.72 | 19.25 |
| Profit before tax | 195 | 285 | 269 | 259 | 217 | 195 | 131 |
| Tax | 51.73 | 77.23 | 73.54 | 63.74 | 55.64 | 51.71 | 36.73 |
| Net profit | 153 | 208 | 196 | 197 | 163 | 146 | 93.69 |
| Net profit margin | +5.3% | +7.6% | +8.3% | +9.9% | +10.3% | +10.1% | +6.3% |
| EPS (βΉ) | 10.03 | 14.61 | 13.78 | 138.27 | 114.40 | 101.16 | 65.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 14.23 | 14.23 | 14.23 | 14.23 | 14.23 | 14.23 | 14.23 |
| Reserves & surplus | 1,325 | 1,194 | 1,004 | 819 | 670 | 520 | 377 |
| Shareholders' funds (net worth) | 1,339 | 1,208 | 1,018 | 833 | 656 | 506 | 363 |
| Minority interest | 1.29 | 1.61 | 1.90 | 2.31 | (0.83) | (0.12) | 2.03 |
| Secured loans | 452 | 301 | 136 | 51.90 | 41.97 | 43.86 | 96.75 |
| Unsecured loans | 29.75 | 21.38 | 16.79 | 7.33 | 13.25 | 18.46 | 25.42 |
| Total debt | 482 | 323 | 152 | 59.23 | 55.22 | 62.32 | 122 |
| Total liabilities | 1,865 | 1,566 | 1,213 | 928 | 738 | 594 | 514 |
| Assets | |||||||
| Gross block | 1,024 | 603 | 536 | 354 | 303 | 276 | 253 |
| Net block | 753 | 392 | 367 | 215 | 192 | 190 | 194 |
| Capital work in progress | 176 | 323 | 60.68 | 41.95 | 20.04 | 14.60 | 11.51 |
| Investments | 15.83 | 13.19 | 12.23 | 9.84 | 8.66 | 4.51 | 4.57 |
| Inventories | 441 | 299 | 237 | 222 | 181 | 128 | 134 |
| Sundry debtors | 1,075 | 1,107 | 935 | 697 | 508 | 449 | 502 |
| Cash & bank balances | 319 | 466 | 588 | 548 | 536 | 505 | 373 |
| Loans & advances | 521 | 308 | 191 | 161 | 122 | 111 | 120 |
| Total current assets | 2,356 | 2,180 | 1,950 | 1,628 | 1,347 | 1,193 | 1,129 |
| Total current liabilities | 1,506 | 1,412 | 1,227 | 1,011 | 887 | 849 | 868 |
| Net working capital | 850 | 768 | 723 | 616 | 460 | 344 | 261 |
| Total assets | 1,865 | 1,566 | 1,213 | 928 | 738 | 594 | 514 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 149 | 154 | 175 | 169 | 197 | 101 | 45.17 |
| Net cash from operating activities | (28.47) | 32.05 | 130 | 62.73 | 91.38 | 197 | 102 |
| Net cash from investing activities | (36.38) | (165) | (160) | (41.14) | (92.67) | (26.58) | (17.34) |
| Net cash from financing activities | 100 | 128 | 8.36 | (15.31) | (26.86) | (74.70) | (28.17) |
| Net change in cash | 35.27 | (4.35) | (21.72) | 6.28 | (28.15) | 95.77 | 56.28 |
| Closing cash | 319 | 466 | 588 | 548 | 536 | 505 | 373 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.5% | +16.6% | +18.0% | +26.2% | +8.8% | -2.1% | - |
| EBITDA growth | -33.8% | +7.9% | +6.8% | +19.4% | +5.7% | +48.2% | - |
| PBT growth | -31.7% | +6.2% | +3.9% | +19.0% | +11.4% | +49.0% | +28.5% |
| Net income growth | -26.1% | +6.0% | -0.6% | +21.1% | +11.6% | +55.6% | - |
| Revenue CAGR (3Y) | +13.6% | +20.2% | +17.4% | +10.4% | +10.7% | +11.5% | +13.6% |
| EBITDA CAGR (3Y) | -8.6% | +11.2% | +10.5% | +23.2% | +25.6% | +36.6% | +22.9% |
| Profitability & leverage | |||||||
| Net income margin | +4.9% | +7.6% | +8.3% | +9.8% | +10.3% | +9.9% | +6.4% |
| Return on capital employed | +13.0% | +21.8% | +26.6% | +32.5% | +34.5% | +37.9% | +33.2% |
| Return on net worth | +11.2% | +18.7% | +21.1% | +26.2% | +27.8% | +33.0% | +30.2% |
| Debt / equity | 0.32 | 0.21 | 0.11 | 0.08 | 0.10 | 0.21 | 0.37 |
| Long-term debt / equity | 0.25 | 0.17 | 0.08 | 0.02 | 0.02 | 0.05 | 0.09 |
| Interest cover | 20.50 | 6.66 | 6.47 | 5.27 | 6.74 | 8.33 | 16.84 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.58 | 4.81 | 5.27 | 6.05 | 5.44 | 5.48 | 6.48 |
| Inventory turnover | 7.87 | 10.22 | 10.23 | 9.87 | 10.22 | 11.06 | 11.20 |
| Debtors turnover | 2.67 | 2.68 | 2.88 | 3.30 | 3.30 | 3.05 | 3.20 |
| EPS (βΉ) | 10.03 | 14.61 | 13.78 | 138.27 | 114.40 | 101.16 | 65.80 |
| Dividend per share (βΉ) | 1.25 | 1.50 | 1.50 | 12.50 | 10.00 | 10.00 | 6.00 |
| Book value per share (βΉ) | 94.11 | 84.89 | 71.54 | 585.78 | 480.57 | 375.27 | 274.96 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 636 | 814 | 669 | 678 | 518 | 785 | 650 | 589 |
| Revenue growth (YoY) | +22.7% | +3.7% | +2.9% | +15.2% | +0.3% | - | - | - |
| Other income | 13.24 | 44.70 | 14.25 | 16.48 | 19.52 | 15.15 | 10.76 | 12.61 |
| Total expenses | 605 | 803 | 627 | 617 | 462 | 702 | 576 | 522 |
| EBITDA | 30.68 | 11.08 | 41.73 | 60.77 | 56.21 | 83.28 | 74.43 | 66.95 |
| EBITDA margin | +4.8% | +1.4% | +6.2% | +9.0% | +10.9% | +10.6% | +11.5% | +11.4% |
| Depreciation | 20.34 | 18.38 | 17.21 | 10.96 | 11.03 | 10.66 | 10.21 | 9.77 |
| Interest | 8.21 | 10.07 | 6.64 | 2.17 | 1.66 | 2.53 | 2.05 | 2.14 |
| Profit before tax | 15.37 | 27.33 | 32.13 | 64.12 | 63.04 | 85.24 | 72.93 | 67.65 |
| Tax | 3.97 | 7.76 | 8.07 | 16.25 | 16.16 | 20.66 | 19.60 | 16.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,679 | 2,540 | 2,180 | 1,892 | 1,509 | 1,402 | 1,407 |
| Revenue growth | +5.5% | +16.5% | +15.2% | +25.4% | +7.7% | -0.4% | - |
| Other income | 94.95 | 51.15 | 47.04 | 45.01 | 46.13 | 36.78 | 48.54 |
| Total expenses | 2,506 | 2,252 | 1,910 | 1,652 | 1,310 | 1,205 | 1,283 |
| Employee cost | 332 | 275 | 242 | 196 | 164 | 141 | 149 |
| EBITDA | 173 | 288 | 270 | 240 | 199 | 197 | 124 |
| EBITDA margin | +6.4% | +11.3% | +12.4% | +12.7% | +13.2% | +14.1% | +8.8% |
| Depreciation | 57.58 | 39.99 | 32.95 | 28.13 | 26.78 | 26.14 | 22.05 |
| Interest | 23.36 | 11.28 | 9.72 | 11.48 | 9.86 | 11.76 | 16.09 |
| Profit before tax | 187 | 288 | 274 | 246 | 209 | 196 | 134 |
| Tax | 48.24 | 73.53 | 70.25 | 60.66 | 54.53 | 49.90 | 35.06 |
| Net profit | 148 | 214 | 204 | 185 | 154 | 146 | 99.19 |
| Net profit margin | +5.5% | +8.4% | +9.4% | +9.8% | +10.2% | +10.4% | +7.1% |
| EPS (βΉ) | 9.43 | 14.62 | 13.92 | 126.23 | 105.14 | 99.53 | 67.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 14.67 | 14.67 | 14.67 | 14.67 | 14.67 | 14.67 | 14.67 |
| Reserves & surplus | 1,375 | 1,256 | 1,060 | 872 | 781 | 640 | 495 |
| Shareholders' funds (net worth) | 1,390 | 1,270 | 1,074 | 887 | 767 | 627 | 482 |
| Secured loans | 384 | 227 | 47.23 | 42.77 | 21.50 | 23.21 | 76.86 |
| Unsecured loans | 25.65 | 17.12 | 12.01 | 6.54 | 16.43 | 17.93 | 22.87 |
| Total debt | 410 | 244 | 59.24 | 49.31 | 37.93 | 41.14 | 99.73 |
| Total liabilities | 1,838 | 1,545 | 1,171 | 966 | 831 | 691 | 605 |
| Assets | |||||||
| Gross block | 887 | 487 | 425 | 336 | 281 | 254 | 231 |
| Net block | 637 | 290 | 263 | 204 | 177 | 174 | 177 |
| Capital work in progress | 175 | 322 | 60.73 | 41.95 | 20.04 | 14.60 | 11.51 |
| Investments | 87.48 | 85.95 | 84.77 | 59.41 | 64.28 | 62.71 | 62.15 |
| Inventories | 386 | 241 | 189 | 186 | 146 | 102 | 118 |
| Sundry debtors | 1,073 | 1,099 | 922 | 697 | 509 | 453 | 514 |
| Cash & bank balances | 271 | 424 | 535 | 517 | 513 | 487 | 354 |
| Loans & advances | 512 | 303 | 213 | 183 | 181 | 151 | 150 |
| Total current assets | 2,241 | 2,067 | 1,859 | 1,583 | 1,349 | 1,193 | 1,135 |
| Total current liabilities | 1,422 | 1,346 | 1,160 | 968 | 836 | 804 | 832 |
| Net working capital | 819 | 721 | 699 | 615 | 513 | 389 | 304 |
| Total assets | 1,838 | 1,545 | 1,171 | 966 | 831 | 691 | 605 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 116 | 110 | 159 | 154 | 181 | 84.61 | 36.00 |
| Net cash from operating activities | (55.73) | 26.18 | 124 | 54.68 | 75.14 | 192 | 64.73 |
| Net cash from investing activities | (30.15) | (169) | (161) | (22.78) | (81.17) | (25.49) | 6.55 |
| Net cash from financing activities | 111 | 148 | (11.76) | (26.98) | (21.71) | (69.52) | (22.66) |
| Net change in cash | 25.32 | 5.43 | (48.23) | 4.92 | (27.73) | 96.68 | 48.61 |
| Closing cash | 271 | 424 | 535 | 517 | 513 | 487 | 354 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +5.5% | +16.5% | +15.2% | +25.4% | +7.7% | -0.4% | - |
| EBITDA growth | -40.1% | +6.7% | +12.3% | +20.7% | +1.1% | +59.2% | - |
| PBT growth | -35.2% | +5.0% | +11.6% | +17.8% | +6.6% | +46.0% | +32.7% |
| Net income growth | -31.1% | +5.0% | +10.0% | +20.3% | +5.5% | +47.2% | - |
| Revenue CAGR (3Y) | +12.3% | +19.0% | +15.9% | +10.4% | +11.0% | +12.5% | +15.0% |
| EBITDA CAGR (3Y) | -10.5% | +13.1% | +11.1% | +24.8% | +28.8% | +39.3% | +16.5% |
| Profitability & leverage | |||||||
| Net income margin | +5.2% | +8.4% | +9.4% | +9.8% | +10.2% | +10.4% | +7.0% |
| Return on capital employed | +12.4% | +22.0% | +26.6% | +28.6% | +28.7% | +32.0% | +27.7% |
| Return on net worth | +10.4% | +18.3% | +20.8% | +22.4% | +22.1% | +26.3% | +23.2% |
| Debt / equity | 0.25 | 0.13 | 0.06 | 0.05 | 0.06 | 0.13 | 0.22 |
| Long-term debt / equity | 0.20 | 0.11 | 0.04 | 0.02 | 0.02 | 0.04 | 0.06 |
| Interest cover | 20.30 | 4.55 | 4.10 | 5.41 | 5.72 | 6.88 | 15.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.90 | 5.57 | 5.72 | 6.13 | 5.64 | 5.78 | 6.78 |
| Inventory turnover | 8.55 | 11.82 | 11.65 | 11.41 | 12.14 | 12.72 | 12.39 |
| Debtors turnover | 2.47 | 2.51 | 2.69 | 3.14 | 3.14 | 2.90 | 2.99 |
| EPS (βΉ) | 9.43 | 14.62 | 13.92 | 126.23 | 105.14 | 99.53 | 67.58 |
| Dividend per share (βΉ) | 1.25 | 1.50 | 1.50 | 12.50 | 10.00 | 10.00 | 6.00 |
| Book value per share (βΉ) | 94.75 | 86.61 | 73.25 | 604.43 | 542.41 | 446.66 | 347.44 |
Timeline of Ion Exchange
3 dated milestones of Ion Exchange across 58 years, from founding to its latest funding, stage changes and deals.
- Founded Ion Exchange is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
Web traffic of Ion Exchange
The website of Ion Exchange (ionexchangeglobal.com) receives about 67.8K visits a month and ranks #414,576 among all websites worldwide, #5,212 in Chemical Industry.
- Monthly visits67.8K
▼ 18.3% vs previous month
- Unique visitors35.9K
per month
- Global rank#414,576
among all websites
- Category rank#5,212
Heavy Industry and Engineering · Chemical Industry
- Bounce rate40%
- Pages per visit2.5
- Average visit1 min 09 sec
- DevicesDesktop 39% Β· Mobile 61%
Websites whose visitors overlap most with Ion Exchange. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
chemicals99.com | chemicals99.com | 100% | #7,377,391 | β | |
| getchemready.com | 87% | 680.7K | #1,615,329 | View details | |
| specchemonline.com | 86% | #1,875,513 | View details | ||
| watertechnologies.com | 84% | 121.6K | #340,346 | View details | |
| dupont.com | 83% | 500.6K | #103,299 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 23 similar websites and full traffic analytics for Ion Exchange
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- 23 similar websites
- Audience overlap
- Engagement analytics
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Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Ion Exchange (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Related news about Ion Exchange
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Frequently Asked Questions about Ion Exchange
Ion Exchange was founded in 1964 and raised its 1st funding round 55 years after it was founded.
Ion Exchange is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Indraneel Dutt is the CEO of Ion Exchange, as recorded in our data.
Ion Exchange has 2,670 employees.
The primary company behind Ion Exchange, Ion Exchange (India) Limited, reported revenue of βΉ3,003 Cr for FY 2026, up 6% year on year.
Ion Exchange was founded in 1964 in Mumbai, India, and operates within the water and environmental management sector. Services encompass water treatment, air pollution control, solid and hazardous waste management, sewage treatment, domestic sewage treatment, energy generation, and broader environmental solutions. The company maintains a global presence through its domain ionexchangeglobal.com, with leadership including Co-CEOs Indraneel Dutt and Ashok Olla.
Ion Exchange offers Ion Exchange Resins, HydraMem Membranes, and Speciality Chemicals.
Yes, Ion Exchange is publicly traded on NSE under the ticker symbol IONEXCHANG.
Ion Exchange has 1 investor. Key investors include European Union.
Ion Exchange is associated with 5 legal entities: Ion Exchange (India) Limited, Ion Exchange Projects And Engineering Limited, Ion Exchange Enviro Farms Limited and others.
The legal entities of Ion Exchange currently have 23 directors, including Sanjay Vithalrao Joshi, Hemant Prabhakar Jog, David Paul Rasquinha and others.
