Ion Exchange (India) Ltd.

NSE: IONEXCHANG BSE: 500214 SECTOR: Engineering - Industrial Equipments  67k   692   68

2538.95
+47.95 (1.92%)
NSE: Today, 03:56 PM

Price Summary

Today's High

₹ 2570.9

Today's Low

₹ 2471.4

52 Week High

₹ 3054.45

52 Week Low

₹ 1485.6

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

3723.79 Cr.

Enterprise Value

3242.59 Cr.

No. of Shares

1.47 Cr.

P/E

23.01

P/B

4.54

Face Value

₹ 10

Div. Yield

0.39 %

Book Value (TTM)

₹  558.79

CASH

512.56 Cr.

DEBT

31.35 Cr.

Promoter Holding

26.99 %

EPS (TTM)

₹  110.36

Sales Growth

7.68%

ROE

22.12 %

ROCE

30.02%

Profit Growth

5.64 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

These are the brands of Ion Exchange (India) Ltd.

INDION INDCHLOR

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year7.68%
3 Year11.04%
5 Year10.25%

Profit Growth

1 Year5.64%
3 Year32.3%
5 Year26.82%

ROE%

1 Year22.12%
3 Year23.87%
5 Year21.47%

ROCE %

1 Year30.02%
3 Year31.16%
5 Year28.42%

Debt/Equity

0.0409

Price to Cash Flow

49.55

Interest Cover Ratio

22.1787558721172

CFO/PAT (5 Yr. Avg.)

1.00639326337956

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 26.99 0
Sep 2022 27.01 0
Jun 2022 27.01 0
Mar 2022 27.01 0
Dec 2021 27.01 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 32.3030667154119% for the Past 3 years.
  • Company has been maintaining healthy ROE of 23.8730354543646% over the past 3 years.
  • Company has been maintaining healthy ROCE of 31.1617262068143% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 22.1787558721172.
  • The company has an efficient Cash Conversion Cycle of -46.0204823371423 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.00639326337956.

 Limitations

  • The company has shown a poor revenue growth of 11.0434968839769% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
Net Sales 364.72 378.41 465.66 357.97 417.69
Total Expenditure 325.05 335.87 387.39 325.06 373.62
Operating Profit 39.67 42.54 78.27 32.91 44.07
Other Income 9.93 7.16 19.27 17.88 10.86
Interest 1.88 1.67 1.89 1.61 1.6
Depreciation 6.69 6.71 6.72 6.78 6.94
Exceptional Items 0 0 0 0 0
Profit Before Tax 41.03 41.32 88.93 42.4 46.39
Tax 10.95 10.85 22.71 11.28 12.34
Profit After Tax 30.08 30.47 66.22 31.12 34.05
Adjusted EPS (Rs) 20.5 20.77 45.14 21.21 23.21

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 985.93 1102.34 1407.18 1401.77 1509.36
Total Expenditure 912.96 1009.07 1283.41 1204.77 1310.12
Operating Profit 72.97 93.27 123.77 197 199.25
Other Income 30.01 44.1 48.54 36.78 46.13
Interest 18.22 18.14 16.09 11.76 9.86
Depreciation 11.93 18.13 22.05 26.14 26.78
Exceptional Items 0 0 0 0 0
Profit Before Tax 72.83 101.1 134.18 195.88 208.74
Tax 25.08 34.51 35.06 49.9 54.53
Net Profit 47.74 66.59 99.12 145.98 154.21
Adjusted EPS (Rs.) 32.55 45.4 67.58 99.53 105.14

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 14.67 14.67 14.67 14.67 14.67
Total Reserves 298.72 359.68 466.83 612.31 752.75
Borrowings 33.08 26.1 18.75 7.95 11.72
Other N/C liabilities 22.67 22.56 33.51 23.67 19.88
Current liabilities 738.99 792.03 902.37 832.84 859.42
Total Liabilities 1108.13 1215.04 1436.13 1491.44 1658.43
Assets
Net Block 136.02 143.88 176.92 174.04 177.22
Capital WIP 6.58 12.28 11.51 14.6 20.04
Intangible WIP 0 0 0 0 0
Investments 57.54 60.75 62.04 62.47 63.96
Loans & Advances 49.41 50.18 50.22 46.8 48.2
Other N/C Assets 0 0 0 0 0
Current Assets 858.58 947.94 1135.44 1193.53 1349.02
Total Assets 1108.13 1215.04 1436.13 1491.44 1658.43
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 72.83 101.1 134.18 195.88 208.74
Adjustment -1.28 2.66 1.01 14.78 16.06
Changes in Assets & Liabilities 36.77 34.74 -34.83 28.96 -79.93
Tax Paid -28.16 -33.3 -35.63 -47.93 -69.72
Operating Cash Flow 80.16 105.2 64.73 191.69 75.14
Investing Cash Flow -160.36 -56.81 6.55 -25.49 -81.17
Financing Cash Flow 32.59 -73.02 -22.66 -69.52 -21.71
Net Cash Flow -47.61 -24.62 48.61 96.68 -27.73

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 27.01 27.01 27.01 27.01 26.99
rajesh sharma 5.33 5.33 5.33 5.33 5.31
mahabir prasad pat... 4.85 4.85 4.85 4.85 4.84
dinesh sharma 4.01 4.01 4.01 4.01 4.00
bimal jain 2.82 2.82 2.82 2.82 2.81
uma gopal ranganat... 2.55 2.55 2.55 2.55 2.54
aankur patni 1.74 1.74 1.74 1.74 1.73
aqua investments (... 1.73 1.73 1.73 1.73 1.72
g s ranganathangen... 1.41 - - - 1.40
uma ranganathan ge... - 1.41 1.41 1.41 -
uma ranganathan ho... - 1.40 1.40 1.40 -
g s ranganathan ho... 1.40 - - - 1.40
g s ranganathan tr... 1.39 - - - 1.38
uma ranganathan tr... - 1.39 1.39 1.39 -
uma ranganathan pe... - 1.38 1.38 1.38 -
uma ranganathan re... - 1.38 1.38 1.38 -
uma ranganathan ho... - 1.38 1.38 1.38 -
g s ranganathan re... 1.38 - - - 1.38
g s ranganathanper... 1.38 - - - 1.38
g s ranganathan ho... 1.38 - - - 1.37
g s ranganathan me... 1.37 - - - 1.37
g s ranganathan he... 1.37 - - - 1.37
uma ranganathan me... - 1.37 1.37 1.37 -
uma ranganathan he... - 1.37 1.37 1.37 -
vishnu gopal ranga... - - - - -
watercare investme... - - - - -
watercare investme... 1.26 1.26 1.26 1.26 1.25
uma ranganathan ed... - 1.04 1.04 1.04 -
g s ranganathan ed... 1.04 - - - 1.04
g s ranganathan cu... 0.88 - - - 0.88
uma ranganathan cu... - 0.88 0.88 0.88 -
aruna sharma 0.74 0.74 0.74 0.74 0.73
ion exchange finan... 0.34 0.34 0.34 0.34 0.34
poonam sharma 0.34 0.34 0.34 0.34 0.34
ion exchange finan... - - - - -
rajesh sharma gene... 0.26 0.26 0.26 0.26 0.26
rajesh sharma hobb... 0.23 0.23 0.23 0.23 0.23
rajesh sharma cult... 0.21 0.21 0.21 0.21 0.21
rajesh sharma recr... 0.18 0.18 0.18 0.18 0.18
rajesh sharma med... 0.18 0.18 0.18 0.18 0.18
rajesh sharma trai... 0.18 0.18 0.18 0.18 0.18
rajesh sharma holi... 0.17 0.17 0.17 0.17 0.17
rajesh sharma pers... 0.16 0.16 0.16 0.16 0.16
rajesh sharma educ... 0.16 0.16 0.16 0.16 0.16
rajesh sharma heal... 0.14 0.14 0.14 0.14 0.14
rajesh sharma heal... 0.13 0.13 0.13 0.13 0.13
rajesh sharma medi... 0.13 0.13 0.13 0.13 0.13
rajesh sharma pers... 0.13 0.13 0.13 0.13 0.13
rajesh sharma gene... 0.13 0.13 0.13 0.13 0.13
rajesh sharma holi... 0.13 0.13 0.13 0.13 0.13
rajesh sharma tra... 0.13 0.13 0.13 0.13 0.13
rajesh sharma hob... 0.13 0.13 0.13 0.13 0.13
rajesh sharma cult... 0.13 0.13 0.13 0.13 0.13
rajesh sharma recr... 0.13 0.13 0.13 0.13 0.13
rajesh sharma trai... 0.12 0.12 0.12 0.12 0.12
rajesh sharma cult... 0.12 0.12 0.12 0.12 0.12
rajesh sharma educ... 0.12 0.12 0.12 0.12 0.12
rajesh sharma educ... 0.10 0.10 0.10 0.10 0.10
rajesh sharma holi... 0.10 0.10 0.10 0.10 0.10
rajesh sharma hobb... 0.09 0.09 0.09 0.09 0.09
rajesh sharma pers... 0.09 0.09 0.09 0.09 0.09
rajesh sharma gene... 0.09 0.09 0.09 0.09 0.09
rajesh sharma recr... 0.08 0.08 0.08 0.08 0.08
rajesh sharma medi... 0.07 0.07 0.07 0.07 0.07
rajesh sharmahealt... 0.07 0.07 0.07 0.07 0.07
rajesh sharma cult... 0.06 0.06 0.06 0.06 0.06
nirmala patni 0.06 0.06 0.06 0.06 0.06
rajesh sharma gene... 0.06 0.06 0.06 0.06 0.06
rajesh sharma pers... 0.06 0.06 0.06 0.06 0.06
rajesh sharma hobb... 0.06 0.06 0.06 0.06 0.06
rajesh sharma educ... 0.06 0.06 0.06 0.06 0.06
rajesh sharma trai... 0.06 0.06 0.06 0.06 0.06
rajesh sharma heal... 0.05 0.05 0.05 0.05 0.05
rajesh sharma holi... 0.05 0.05 0.05 0.05 0.05
rajesh sharma recr... 0.05 0.05 0.05 0.05 0.05
rajesh sharma medi... 0.05 0.05 0.05 0.05 0.05
rajesh sharma pers... 0.05 0.05 0.05 0.05 0.05
rajesh sharma holi... 0.05 0.05 0.05 0.05 0.05
rajesh sharma medi... 0.05 0.05 0.05 0.05 0.05
rajesh sharma recr... 0.05 0.05 0.05 0.05 0.05
rajesh sharma trai... 0.05 0.05 0.05 0.05 0.05
rajesh sharma cult... 0.05 0.05 0.05 0.05 0.05
rajesh sharma educ... 0.05 0.05 0.05 0.05 0.05
rajesh sharma gene... 0.05 0.05 0.05 0.05 0.05
rajesh sharma heal... 0.05 0.05 0.05 0.05 0.05
rajesh sharma hobb... 0.05 0.05 0.05 0.05 0.05
anita jain 0.04 0.04 0.04 0.04 0.04
rajesh sharmaa/c h... - 0.03 0.03 0.03 -
v g rajadhyakshaa/... 0.03 - - - 0.03
pallavi sharma 0.01 0.01 0.01 0.01 0.01
nidhi patni 0.01 0.01 0.01 0.01 0.01
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 72.99 72.99 72.99 72.99 73.01
nippon life india ... - - - - -
reliance capital t... 4.16 4.21 4.21 4.55 4.20
rakesh jhunjhunwala 3.94 3.94 3.94 3.94 3.92
llp 0.07 0.07 0.16 0.22 0.12
reliance capital t... - - - - -
franklin india sma... - - - - -
abakkus emerging o... - - - - -
director or direct... - - - - 2.11
mukul mahavir agra... - - - - -
mukul mahavir pras... 1.71 1.71 1.71 1.54 1.71
jhunjhunwala rakes... 1.52 1.52 1.52 1.35 1.51
general insurance ... 1.13 1.13 - - 1.13
eq india fund 1.09 1.09 - - 1.05
abhiram seth - - - - -
investor education... - - - - -
iepf 0.63 0.69 0.69 0.69 0.62

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Ion Exchange (India) informs about board meeting 20 Jan 2023, 12:44PM Ion Exchange (India) informs about loss of share certificate3 Jan 2023, 12:35PM ION Exchange (India) informs about analyst meet intimation20 Dec 2022, 1:30PM Ion Exchange (India) informs about loss of share certificates20 Dec 2022, 12:51PM Ion Exchange (India) informs about loss of share certificate14 Dec 2022, 12:01PM Ion Exchange (India) informs about loss of share certificates12 Dec 2022, 4:55PM Ion Exchange (India) bags contract of Rs 343.36 crore3 Dec 2022, 11:37AM Ion Exchange (India) informs about issuance of duplicate share certificate1 Dec 2022, 4:33PM Ion Exchange (India) informs about loss of share certificates29 Nov 2022, 12:28PM Ion Exchange (India) informs about loss of share certificate28 Nov 2022, 3:25PM Ion Exchange (India) informs about issuance of duplicate share certiifcate 17 Nov 2022, 5:04PM Ion Exchange (India) informs newspaper advertisement11 Nov 2022, 12:51PM ION Exchage - Quaterly Results9 Nov 2022, 4:39PM ION Exchage - Quaterly Results9 Nov 2022, 4:39PM ION Exchage - Quaterly Results9 Nov 2022, 4:39PM Ion Exchange (India) informs about change in name of company9 Nov 2022, 12:32PM Ion Exchange (India) informs about analyst meet31 Oct 2022, 4:58PM Ion Exchange (India) informs about loss of share certificates27 Oct 2022, 5:10PM Ion Exchange (India) informs about board meeting 27 Oct 2022, 10:58AM Ion Exchange (India) informs about issuance of duplicate share certificates20 Oct 2022, 4:42PM Ion Exchange (India) informs about certificate 11 Oct 2022, 4:58PM Ion Exchange (India) informs about conference call20 Sep 2022, 12:36PM ION Exchange (India) informs about details of loss of certificate 19 Sep 2022, 4:46PM Ion Exchange (India) informs about issuance of duplicate share certificates13 Sep 2022, 12:55PM Ion Exchange (India) informs about newspaper advertisement11 Aug 2022, 4:45PM ION Exchage - Quaterly Results2 Aug 2022, 3:48PM ION Exchage - Quaterly Results2 Aug 2022, 3:48PM ION Exchage - Quaterly Results2 Aug 2022, 3:48PM Ion Exchange (India) informs about loss of share certificates1 Aug 2022, 4:33PM ION Exchange (India) informs about details of loss of certificate19 Jul 2022, 12:52PM Ion Exchange (India) informs about loss of share certificates23 Jun 2022, 4:37PM Ion Exchange (India) informs about conference call21 Jun 2022, 12:52PM ION Exchage - Quaterly Results27 May 2022, 6:56PM ION Exchage - Quaterly Results27 May 2022, 6:56PM Ion Exchange (India) bags contract of Rs 148 crore24 May 2022, 4:36PM Ion Exchange (India) informs about details of loss of certificate 20 May 2022, 3:52PM Ion Exchange incorporates subsidiary company 16 May 2022, 4:39PM Ion Exchange (India) informs about board meeting16 May 2022, 12:14PM Ion Exchange (India) submits certificate13 Apr 2022, 10:42AM Ion Exchange (India) informs about loss of share certificates24 Mar 2022, 4:55PM Ion Exchange (India) informs about conference call10 Mar 2022, 12:36PM Ion Exchange (India) informs about loss of share certificate8 Mar 2022, 4:16PM ION Exchange (India) informs about analyst meet 31 Jan 2022, 5:02PM Ion Exchange (India) reports 2% fall in Q3 consolidated net profit27 Jan 2022, 3:28PM ION Exchange (India) informs about un-audited financial results 25 Jan 2022, 5:20PM Ion Exchange (India) informs about analyst meet19 Jan 2022, 2:48PM Ion Exchange (India) informs about award of order receipt18 Jan 2022, 3:47PM Ion Exchange awarded DM plant and CPU package works contract by NRL18 Jan 2022, 3:28PM ION Exchange (India) informs about details of loss of share certificate 11 Jan 2022, 4:31PM Ion Exchange (India) informs about analyst meet23 Dec 2021, 3:49PM

ION Exchage Stock Price Analysis and Quick Research Report. Is ION Exchage an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a Low P/E are undervalued (it depends on other factors too). ION Exchage has a PE ratio of 23.0062586592315 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. ION Exchage has ROA of 9.79141747655174 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. ION Exchage has a Current ratio of 1.56968214504591 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. ION Exchage has a ROE of 22.1184173724711 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. ION Exchage has a D/E ratio of 0.0409 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. ION Exchage has an Inventory turnover ratio of 12.1430989006657 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - ION Exchage has reported revenue growth of 7.67579829323819 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of ION Exchage for the current financial year is 13.2007338463403 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for ION Exchage is Rs 10 and the yield is 0.392 %.

Brief about ION Exchage

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