ION Exchange (India) logo

ION Exchange (India) share price

NSE: IONEXCHANGBSE: 500214Other UtilitiesSmall Cap

ION Exchange (India) Limited · Face value ₹1 · Listed May 1977 on BSE, Feb 2022 on NSE
Last close ₹343.00down ₹0.50 (0.15%)BSE ₹343.20

Share price at the NSE close on 28 Oct 2026. Previous close ₹343.50.

28 Oct: open ₹343.50, high ₹348.00, low ₹339.60

52-week range of traded prices to 28 Oct 2026
₹312.70Low, 23 Mar 2026₹486.00High, 13 Jul 2026
Market cap
₹5,031 Cr749th largest listed
P/E
51.29
P/E without one-offs
43.76
P/B
3.76
Dividend yield
0.36%
ROE
7.7%
ROE without one-offs
9.0%
ROCE
6.0%
Debt to equity
0.34
Volume, NSE
1,00,04249.8% delivered

ION Exchange (India) share price chart

Daily closes since Jan 2007, BSE closes Jan 2007 to Feb 2022, adjusted for splits and bonuses

−12.5%over a year · Nifty Microcap 250 +2.3% · Nifty 500 −8.8%

Results20-session average 1,81,954 shares a day, 49.8% delivered

Results

Consolidated; ₹ crore.ION Exchange (India) quarterly results

Revenue growth, 12 months
+10.1%
Net profit growth, 12 months
−53.6%

Quarter to Jun 2026, against the quarter before

Revenue
₹700 Crdown 18.86%
Net profit
₹3.06 Crdown 87.40%
Net margin
0.4%

Revenue by quarter

₹644 CrSep 24₹691 CrDec 24₹835 CrMar 25₹583 CrJun 25₹734 CrSep 25₹734 CrDec 25₹863 CrMar 26₹700 CrJun 26
Peak revenue ₹863 Cr, quarter to Mar 2026; lowest ₹583 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹51 CrSep 24₹50 CrDec 24₹63 CrMar 25₹48 CrJun 25₹50 CrSep 25₹21 CrDec 25₹24 CrMar 26₹3.06 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue644691835583734734863700
Net profit515063485021243
Net margin7.9%7.2%7.6%8.3%6.8%2.8%2.8%0.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Engineering₹1,758 Crup 3.17%58.5%
  • Chemicals₹868 Crup 6.03%28.9%
  • Consumer Products₹379 Crup 30.77%12.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.ION Exchange (India) PE ratio and valuation

Price to earnings

At or below today's level on 93% of 2,478 trading days over the last 10 years.

LowestHighest
Its median18.41Industry median15.40
Price to book

At or below today's level on 28% of 1,983 trading days since Oct 2018.

LowestHighest
Its median4.78Industry median2.17
Dividend yield

At or below today's level on 88% of 2,474 trading days over the last 10 years.

LowestHighest
Its median0.00%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−31.0%−31.3%−0.1%0.4%
3 years−1.8%−10.2%+9.0%0.3%
5 years+20.0%−0.2%+19.9%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.ION Exchange (India) shareholding pattern

Shareholding by group

  • Promoters25.08%
  • Foreign institutions4.93%
  • Indian institutions15.70%
  • Individuals and others38.11%
  • Employee trusts16.18%
Holder
Rajesh SharmaPromoter5.65%
Mahabir Prasad PatniPromoter4.68%
Dinesh SharmaPromoter3.50%
Radha MenonEmployee benefit trusts2.71%
Girish P LadEmployee benefit trusts2.67%
Amey NargolkarEmployee benefit trusts2.65%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −0.35 pts, foreign institutions +0.07 pts, Indian institutions +0.38 pts, mutual funds +0.38 pts.

Mutual fund holdings

17 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 8 of the 9 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 17 funds holding ION Exchange (India)

Added
4
Cut
5
Held unchanged
8
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.ION Exchange (India) insider trading

Bought on the market Sold on the market
  • Promoters and promoter group2 purchases, 2 sales₹10 Cr₹26 CrNet−₹15 Cr2 pledge filings of unclear kind · 2 off-market moves
  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

ION Exchange (India) competitors and peers

Water Supply & Management, 9 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to ION Exchange (India) in market cap.Utilities companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
VA Tech Wabag logoVA Tech WabagWABAG11,297–4.40+20.4%––15.7%0.28%
Enviro Infra Engineers logoEnviro Infra EngineersEIEL2,89616.012.35+15.5%−3.4%16.2%15.5%0.00%
Technocraft VenturesTECHNOCRAF1,914––––––0.00%
JITF Infralogistics logoJITF InfralogisticsJITFINFRA675––+24.3%−234.4%–13.3%0.00%
Denta Water and Infra Solutions logoDenta Water and Infra SolutionsDENTA61811.551.35––12.3%13.7%1.08%
Apex Ecotech logoApex EcotechAPEXECO34720.365.48+109.5%+98.9%31.1%–0.00%
Felix Industries logoFelix IndustriesFELIX30115.401.98––16.2%–0.00%
Sattva Engineering Construction logoSattva Engineering ConstructionSATTVAENGG876.640.99––14.9%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.ION Exchange (India) dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 211Mar 221.3Mar 231.5Mar 241.5Mar 251.3Mar 26
Highest ₹1.50 a share, years to Mar 2024 and Mar 2025.
Ex-dateTypePer share
31 Aug 2026Final₹1.25
2 Sep 2025Final₹1.50
3 Sep 2024Final₹1.50
30 Aug 2023Final₹1.25
29 Aug 2022Final₹10.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.ION Exchange (India) announcements

ION Exchange (India) share price by year

Each calendar year to 2025.ION Exchange (India) share price history

YearClose at year endChangeHighest closeLowest close
2025380.60−42.1%663.60335.00
2024657.20+16.9%732.15440.25
2023562.20+103.6%654.45249.10
2022BSE close276.16+31.5%301.67157.19
2021BSE close209.98+131.6%272.7389.79
2020BSE close90.66+13.7%102.1952.47
2019BSE close79.72+114.1%85.1036.21
2018BSE close37.24−37.9%60.0334.14
2017BSE close59.97+105.8%62.7028.79
2016BSE close29.14−19.0%37.9525.45
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026332.65347.00332.60343.50342.012,22,23343.2%
26 Oct 2026336.50338.50328.30332.65332.762,61,69054.8%
23 Oct 2026346.25347.00332.65337.75337.832,71,98655.1%
22 Oct 2026348.90355.75342.15347.80349.372,36,46349.4%
21 Oct 2026370.00370.15349.25351.60355.561,72,74552.7%
19 Oct 2026377.50377.50363.35367.90370.281,61,57760.5%
16 Oct 2026378.05380.25374.15377.50376.971,35,98152.2%
15 Oct 2026389.95390.65377.00377.70381.041,60,51555.3%
14 Oct 2026389.75393.35383.85387.75389.031,13,38246.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
12 Jun 2023Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
Rajesh Sharma
At the end of the quarter to Sep 2026
Managing director and CEO
Indraneel Dutt
At the end of the quarter to Sep 2026
NSE symbol
IONEXCHANG
BSE code
500214
ISIN
INE570A01022
Industry
Other Utilities
CIN
L74999MH1964PLC014258
Corporate identity number, the registrar of companies' code for it
Incorporated
1964
Registered office
Tiecicon House Dr E Moses Road Post Box 6273, Mahalaxmi, Mumbai 400011, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments