IONEXCHANG435.05

Ion Exchange (India) Ltd.

· Energy & Power
₹ CrorePeersTHERMAXKPIGREENGMRP&UIEIELPTCRTNPOWERKARMAENGWABAGMcap ₹6,191 Cr
Comp Set
In ₹ Crore except Per Share
Latest Annual
IONEXCHANG
FY26
THERMAX
FY26
KPIGREEN
FY26
GMRP&UI
FY26
Peer
Median
Valuation — at last close
P/E36.16×56.92×11.94×11.67×11.94× +203%
P/B4.62×7.35×0.32×3.57×3.57× +29%
EV/EBITDA30.74×40.28×5.49×11.15×11.15× +176%
Market Cap₹6,191 Cr₹41,005 Cr₹1,041 Cr₹7,526 Cr₹7,526 Cr -18%
Growth
Revenue CAGR 3Y13.57%9.75%61.18%9.89%9.89% +37%
Revenue CAGR 5Y17.42%17.42%
Net Income CAGR 3Y-9.77%16.91%66.85%-18.63%16.91% -158%
Revenue YoY (latest Q)20.11%7.09%15.08%3.44%7.09% +184%
Net Income YoY (latest Q)-93.68%-85.61%-14.99%-394.13%-85.61% -9%
Profitability
EBITDA Margin7.21%9.60%35.55%21.88%21.88% -67%
Net Income Margin4.91%6.74%18.89%8.37%8.37% -41%
Return on Common Equity10.64%12.91%14.55%28.47%14.55% -27%
Return on Capital Employed8.35%10.97%10.53%7.40%10.53% -21%
Return on Assets4.24%5.42%5.15%3.60%5.15% -18%
Credit & Quality
Total Debt/Equity0.34×0.41×1.38×5.46×1.38× -75%
Interest Coverage6.15×5.89×4.53×0.57×4.53× +36%
Scale — latest FY
Revenue / Total Income₹2,915 Cr₹10,694 Cr₹2,696 Cr₹7,332 Cr₹7,332 Cr -60%
Net Income₹143 Cr₹720 Cr₹509 Cr₹614 Cr₹614 Cr -77%
Total Assets₹3,380 Cr₹13,282 Cr₹9,882 Cr₹17,050 Cr₹13,282 Cr -75%
EPS₹12.03₹63.95₹24.13₹8.26₹24.13 -50%
Book Value per Share₹94.19₹495.27₹905.89₹27₹495.27 -81%
◆ best value in the comp set per metric · Δ = subject vs median of the other companies.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreementXBRL cross-verified ✓ 95%.