| Management target | Revenue FY27 |
|---|
| Revenue growth | 20% YoY growth driven by consumer and engineering segments. |
|---|---|
| Margins | Temporary contraction due to Roha startup and legacy project overhang. |
| Order book | Healthy order backlog of 2,473 Cr excluding recent 52M USD win. |
| Demand visibility | Strong pipeline in semiconductors, green hydrogen, and international markets. |
| Management confidence | Balanced, acknowledging short-term margin pain for long-term structural shifts. |
Growth
Revenue grew 20% YoY to 701 Cr, with Consumer products up 33% and Engineering up 14%.
Outlook
Targeting 25% utilization for Roha plant in FY27; aiming for double-digit specialty chemical margins long-term.
Risks
Margins under pressure from legacy UP projects and 6% specialty chemical erosion due to Roha costs.
Last quarter's promises, checked
Delivered
- Guided Roha commissioning → Fully commissioned and certified (WQA) (= BEAT)
- Guided 34% Consumer growth → Delivered 33-34% growth (= BEAT)
Partly delivered
- Guided margin stability → EBITDA down 29% YoY due to Roha/Logistics (= PARTIAL)
Missed
- Guided legacy project closure in FY26 → 30% scope still pending (= MISS)
- Guided 25-30% Roha utilization → Not achieved due to West Asia crisis (= MISS)
Earnings Call Transcript filed with NSE, NSE: IONEXCHANG. Summary written with AI assistance from the document.
Ion Exchange (India) Ltd: key numbers
- Share price
- ₹403.00
- Market cap
- ₹5,911 Cr
- Revenue (annual)
- ₹2,915 Cr
- Net profit (annual)
- ₹142.7 Cr
- P/E (TTM)
- 60.3×Sector 24.7×
- Promoter holding
- 25.43%-0.09% QoQ
- FII holding
- 4.86%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ion Exchange (India) Ltd
All →Ion Exchange (India) Promoter Selling: ₹15.46 Cr
Promoter group member Dinesh Sharma sold 3,50,450 equity shares of Ion Exchange India Ltd via market sale, reducing stake by 0.24%.
- Value
- ₹15.46 Cr
- Promoter stake change
- -0.24%
Ion Exchange (India) Annual General Meeting
Ion Exchange (India) Limited held its 62nd Annual General Meeting on September 11, 2026, passing resolutions on financials, dividend, director re-appointment, and auditor remuneration.
Ion Exchange (India) Promoter Buying (Off-Market)
Promoter group member Dinesh Sharma transferred 2,30,000 equity shares to Dhruv Dinesh Trigunayat via an off-market gift transaction.
Ion Exchange (India) Annual Report
Ion Exchange (India) Limited has filed its 62nd Annual Report for the financial year 2025-26 with the stock exchanges.
Ion Exchange (India) Other Announcement
Ion Exchange (India) Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-2026, as required by SEBI regulations.
Ion Exchange (India) Annual General Meeting
Ion Exchange (India) Limited will hold its 62nd Annual General Meeting on September 11, 2026, through video conferencing to transact business, including dividend declaration.