Ion Exchange India Ltd Stock Price Today (NSE: IONEXCHANG)
Fundamental Score
Ion Exchange India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Ion Exchange India Ltd share price today is ₹420.70, up +0.77% on NSE/BSE as of 31 July 2026. Ion Exchange India Ltd (IONEXCHANG) is a Mid-cap company in the Water Supply & Management sector with a market capitalisation of ₹6.52K (Cr). The 52-week high for IONEXCHANG share price is ₹486.00 and the 52-week low is ₹312.70. At a P/E ratio of 42.20x, IONEXCHANG is currently trading above its industry average P/E of 21.18x. The company has a Return on Equity (ROE) of 12.13% and a debt-to-equity ratio of 0.36.
Ion Exchange India Ltd Share Price Chart — NSE/BSE Historical Performance
Ion Exchange India Ltd share price chart: 1.39% return over the past month. 52-week high ₹486.00, 52-week low ₹312.70.
Ion Exchange India Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹416.00 | ₹431.70 | ₹416.00 | ₹420.70 | 2.59L (Cr) | |
| ₹423.50 | ₹423.50 | ₹412.00 | ₹417.50 | 3.34L (Cr) | |
| ₹418.75 | ₹426.85 | ₹418.50 | ₹423.90 | 2.39L (Cr) | |
| ₹427.40 | ₹428.30 | ₹416.50 | ₹418.75 | 2.69L (Cr) | |
| ₹430.00 | ₹434.40 | ₹423.90 | ₹427.40 | 6.48L (Cr) | |
| ₹411.10 | ₹426.55 | ₹408.45 | ₹425.10 | 4.05L (Cr) | |
| ₹424.75 | ₹426.95 | ₹414.20 | ₹415.00 | 3.69L (Cr) | |
| ₹434.95 | ₹441.95 | ₹432.00 | ₹437.70 | 4.28L (Cr) | |
| ₹438.65 | ₹443.25 | ₹427.20 | ₹434.05 | 10.56L (Cr) | |
| ₹439.00 | ₹442.80 | ₹422.25 | ₹435.40 | 6.42L (Cr) |
Ion Exchange India Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹412.60 | ₹486.00 | ₹392.15 | ₹420.70 | +1.96% | |
| ₹367.20 | ₹423.40 | ₹327.30 | ₹408.20 | +11.17% | |
| ₹396.40 | ₹432.80 | ₹360.00 | ₹362.05 | -8.67% | |
| ₹336.95 | ₹414.50 | ₹325.85 | ₹396.40 | +17.64% | |
| ₹344.90 | ₹393.70 | ₹312.70 | ₹320.35 | -7.12% | |
| ₹350.00 | ₹404.00 | ₹344.50 | ₹364.10 | +4.03% | |
| ₹381.45 | ₹388.50 | ₹322.10 | ₹354.20 | -7.14% | |
| ₹350.50 | ₹416.50 | ₹330.95 | ₹380.60 | +8.59% | |
| ₹400.00 | ₹407.95 | ₹342.85 | ₹350.50 | -12.38% | |
| ₹404.85 | ₹416.60 | ₹384.50 | ₹400.25 | -1.14% | |
| ₹418.07 | ₹436.90 | ₹399.50 | ₹403.70 | -3.44% | |
| ₹459.95 | ₹469.75 | ₹414.73 | ₹415.97 | -9.56% |
AI Research Briefing
Powered by Gemini · 2026-04-13
Expensive water play trading on narrative, needs flawless execution to justify valuation.
WHAT'S HAPPENING NOW (last 2-4 weeks)
No major catalysts found after live search. Recent news includes the reaffirmation of credit ratings on bank facilities, and the filing of a notice regarding lost share certificates.
CORE STORY (THE REAL GAME)
Ion Exchange is a play on India's chronic water scarcity and increasing focus on water treatment and recycling, driven by government initiatives like the Jal Jeevan Mission and industrial demand. The real game is translating order wins into consistent profit growth.
- Jal Jeevan Mission allocation of ₹67,670 crore in FY27
- Increased industrial water demand due to investments in manufacturing
- Growing ESG focus driving adoption of water-efficient technologies
- Significant new order wins
- Improved quarterly earnings
- Successful execution of DBOM projects
- Micro/SME cap - liquidity risk
- Expensive valuation relative to industry P/E
- Inconsistent profitability
FII and Promoter holdings slightly decreased, while DII holdings increased marginally [cite: see brief].
India's water demand may double the available supply by 2030, creating a long-term need for water management solutions.
Ion Exchange secured a ₹1,730 crore contract from Petroleum Development Oman for water and sewage facilities. They also bagged ₹205 crore in orders from Rayzon Energy and INOX Solar.
No - Negative free cash flow of ₹-65.07 Cr over the last 5 years [cite: see brief]
Riding the water scarcity narrative, Ion Exchange needs to demonstrate consistent profitability and efficient project execution to sustain its valuation. Focus on DBOM projects will be key.
Primary Thesis Risk
Inability to translate order book into consistent profit growth will lead to valuation collapse.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Ion Exchange India Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Ion Exchange India Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of IONEXCHANG across key market metrics for learning purposes.
Positive Indicators
3 factors identified
Consistent Growth Track Record (14.99% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Strong Interest Coverage (9.83x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
6 factors identified
Premium Valuation Risk (P/E: 42.20x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Profit Decline Concern (-61.96%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Weak Earnings Growth (1.17% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (1.16% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Negative Free Cash Flow (₹-511.80 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Low Promoter Commitment (25.52%)
Observation: Reduced promoter stake may indicate limited confidence.
Analysis: Low promoter holding may raise questions about management commitment.
Ion Exchange India Ltd vs Water Supply & Management Peers
Peer Comparison - Water Supply & Management
Compare Ion Exchange India Ltd with 7 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Ion Exchange India LtdIon Exchange In...Selected✓ IONEXCHANG • 500214 | 19.2/100 | ₹420.70₹421 | ₹6516.41₹6516.41 | 42.20Average 42.2 Average | 12.13%Average 12.13% Average | 14.06%Average 14.06% Average | 0.36Excellent 0.4 Excellent | 1.16%Average 1.16% Average | 14.99%Good 14.99% Good | 0.28% |
Va Tech Wabag LtdVa Tech Wabag L... WABAG • 533269 | 57.9/100 | ₹2117.00₹2117 | ₹13118.20₹13118.20 | 35.07Average 35.1 Average | 15.89%Good 15.89% Good | 21.33%Excellent 21.33% Excellent | 0.09Excellent 0.1 Excellent | 27.73%Excellent 27.73% Excellent | 6.83%Good 6.83% Good | 0.24% |
Enviro Infra Engineers LtdEnviro Infra En... EIEL • 544290 | 52.8/100 | ₹220.06₹220 | ₹4008.06₹4008.06 | 21.18Average 21.2 Average | 17.00%Good 17.00% Good | 20.39%Excellent 20.39% Excellent | 0.34Excellent 0.3 Excellent | 85.49%Excellent 85.49% Excellent | 55.97%Excellent 55.97% Excellent | 0.00% |
JITF Infralogistics LtdJITF Infralogis... JITFINFRA • 540311 | 47.6/100 | ₹337.95₹338 | ₹962.14₹962.14 | — — | — — | 15.39%Good 15.39% Good | — — | 10.21%Good 10.21% Good | 24.79%Excellent 24.79% Excellent | 0.00% |
56.4/100 | ₹354.25₹354 | ₹899.67₹899.67 | 14.77Average 14.8 Average | 14.04%Average 14.04% Average | 18.84%Good 18.84% Good | 0.03Excellent 0.0 Excellent | 40.56%Excellent 40.56% Excellent | 50.83%Excellent 50.83% Excellent | 0.74% | |
Apex Ecotech LtdApex Ecotech Lt... APEXECO • | 70.7/100 | ₹261.80₹262 | ₹361.21₹361.21 | 21.22Average 21.2 Average | 31.09%Excellent 31.09% Excellent | 41.17%Excellent 41.17% Excellent | 0.02Excellent 0.0 Excellent | 64.90%Excellent 64.90% Excellent | 66.26%Excellent 66.26% Excellent | 0.00% |
23.2/100 | ₹180.60₹181 | ₹329.50₹329.50 | 18.16Average 18.2 Average | 15.04%Good 15.04% Good | 19.28%Good 19.28% Good | 0.22Excellent 0.2 Excellent | — — | — — | 0.00% | |
Sattva EngSattva Eng... SATTVAENGG • | 41.8/100 | ₹83.70₹84 | ₹136.43₹136.43 | 10.52Average 10.5 Average | 19.72%Good 19.72% Good | 22.76%Excellent 22.76% Excellent | 0.34Excellent 0.3 Excellent | — — | — — | 0.00% |
Top Water Supply & Management Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Va Tech Wabag Ltd share price13118.20 Cr
- Enviro Infra Engineers Ltd share price4008.06 Cr
- JITF Infralogistics Ltd share price962.14 Cr
- Denta Water and Infrastructure Solutions Inc share price899.67 Cr
- Apex Ecotech Ltd share price361.21 Cr
Ion Exchange India Ltd PE Ratio History
Historical price-to-earnings ratio for IONEXCHANG — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹17.53 | ₹380.60 | 21.7x |
| FY 2024 | ₹16.53 | ₹657.20 | 39.7x |
| FY 2023 | ₹16.59 | ₹562.20 | 33.9x |
| FY 2022 | ₹13.73 | ₹276.15 | 20.1x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Ion Exchange India Ltd Dividend History
Annual cash dividends paid by IONEXCHANG — dividend yield 0.28%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹18.75 Cr |
| FY 2024 | ₹15.45 Cr |
| FY 2023 | ₹12.31 Cr |
| FY 2022 | ₹12.14 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Ion Exchange India Ltd Quarterly Performance
Latest quarterly metrics for IONEXCHANG — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
3.44%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-61.96%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
14.99%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
1.16%
Compounded annual net profit growth over 5 years
Ion Exchange India Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for IONEXCHANG — calculated from daily price history
Selling pressure is heavy — potential reversal zone.
Technical indicators are for educational purposes only. Not investment advice.
Ion Exchange India Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Ion Exchange India Ltd (IONEXCHANG) — sourced from NSE/BSE filings.
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Fetching financial data for Ion Exchange India Ltd
About IONEXCHANG (Ion Exchange India Ltd)
Ion Exchange India Ltd is a pioneering force in the realm of water and environmental management, delivering comprehensive solutions across India and on a global scale. With decades... of experience, the company navigates the complexities of water treatment and resource recovery with innovative engineering, specialized chemical formulations, and consumer-centric products. Ion Exchange addresses critical needs from pristine drinking water to intricate industrial processes, transforming challenges into sustainable opportunities. At its core, the company champions environmental stewardship and resource optimization, committed to a future where water is treated as a precious and recoverable asset. The company's expertise extends far beyond conventional water treatment, encompassing a wide spectrum of technological advancements. From the initial stages of raw water conditioning to the final polishing of wastewater for reuse, Ion Exchange implements cutting-edge solutions. This includes advanced membrane technologies like reverse osmosis and ultrafiltration, alongside time-tested ion exchange processes refined for optimal performance. The commitment to innovation is also evident in their zero liquid discharge systems, designed to eliminate wastewater discharge entirely, and sludge dewatering and waste-to-energy solutions, aimed at minimizing waste and maximizing resource recovery. With an emphasis on research and development, Ion Exchange consistently refines its offerings to meet the ever-evolving needs of its clients and the environment. Ion Exchange India Ltd operates across three core segments, each contributing to its holistic approach to water and environmental management. The Engineering segment designs, constructs, and commissions water and wastewater treatment plants. The Chemicals segment develops and manufactures a wide range of specialty chemicals for water treatment, process applications, and environmental remediation. Finally, the Consumer Products segment offers a range of solutions for household water purification, ensuring access to safe and clean drinking water for individuals and communities. Through these synergistic divisions, Ion Exchange India Ltd provides a comprehensive and integrated approach to water and environmental sustainability, making a tangible difference in the lives of people and the health of the planet.
Company Details
Key Leadership
IONEXCHANG Share Price: Frequently Asked Questions
What is the current share price of Ion Exchange India Ltd?
Ion Exchange India Ltd (IONEXCHANG) trades at ₹420.70 on NSE and BSE. Market cap ₹6.52K (Cr). Educational data only.
What is the P/E ratio of Ion Exchange India Ltd?
Ion Exchange India Ltd has a P/E of 42.20x vs industry average 21.18x.
What is the Bull Run score for Ion Exchange India Ltd?
Ion Exchange India Ltd has a Bull Run score of 19.2/100 based on 25+ financial parameters.
Does Ion Exchange India Ltd pay dividends?
Ion Exchange India Ltd has a dividend yield of 0.28%. Past dividends don't guarantee future payments.
What is the ROE of Ion Exchange India Ltd?
Ion Exchange India Ltd has ROE of 12.13%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Ion Exchange India Ltd?
Ion Exchange India Ltd has debt-to-equity of 0.36.
Is Ion Exchange India Ltd a good investment?
Bull Run gives Ion Exchange India Ltd a score of 19.2/100. This is not investment advice — consult a SEBI-registered advisor.