Ion Exchange (india) Ltd. · NSE:IONEXCHANG
Ion Exchange (india) — Q4 FY2026 Earnings Presentation
25 slides from Ion Exchange (india)'s earnings presentation, May 29, 2026
Slide 1: Submission of Earnings Presentation to stock exchanges
May 29, 2026 To BSE Limited National Stock Exchange of India Limited The Corporate Relationship Dept. Exchange Plaza, C-1, Block- G, P.J. Towers, Dalal Street Bandra Kurla Complex, Bandra (East), Mumbai-400 001 Mumbai-400 051 Scrip Code: 500214 Symbol: IONEXCHANG Sub.: Submission of Earnings Present
Slide 2: Earnings Presentation – Q4-FY26 / FY26
EARNINGS PRESENTATION – Q4-FY26 / FY26
Slide 3: Executive Summary
Executive Summary • Ion Exchange (India) Ltd (Ion Exchange), formed in 1964, is a pioneer in water, wastewater treatment & environment solutions and caters to various industries, institutions, homes & communities. • Headquartered in Mumbai, the company has 8 manufacturing and assembly facilities acr
Slide 4: Company Overview
Company Overview • Ion Exchange was originally formed as a subsidiary of Permutit, UK in 1964. It became a wholly owned FY26 CONSOLIDATED REVENUE BREAKUP Indian company in 1985. Chemicals • The company has a global presence with diverse product portfolio, offering comprehensive water and 29% non-wat
Slide 5: Q4-FY26/FY26 Financial Highlights
Q4-FY26/FY26 Financial Highlights Q4-FY26 Performance (Standalone) Q4-FY26 Performance (Consolidated) INR 8,139 Mn INR 111 Mn 1.36% 2.31% INR 8,633 Mn INR 199 Mn Operating Income Operating EBITDA Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Margins Margins INR 196 Mn 2.41% INR
Slide 6: Q4-FY26/ FY26 Operational Highlights
Q4-FY26/ FY26 Operational Highlights ENGINEERING • The enquiry bank continues to be steady. There has been a quarter-on-quarters and year on year growth in order flow, driven primarily by medium-sized opportunities. • Planned dispatches of high value Engineering contracts to the GCC geographies got
Slide 7: Q4-FY26/ FY26 Operational Highlights
Q4-FY26/ FY26 Operational Highlights CONSUMER PRODUCTS • The segment continues to record volume growth. • We continue to invest in the business to achieve significantly higher revenue platform. GROUP COMPANIES • The execution of the DBOOT Contract over 20 years for OMR 73.46 Mn (approx. INR 17,300 M
Slide 8: Financial Overview
FINANCIAL OVERVIEW,
Slide 9: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance INCOME STATEMENT (INR Mn) Q4-FY26 Q4-FY25 Y-o-Y Q3-FY26 Q-o-Q Operating Income 8,139 7,851 3.7% 6,689 21.7% Expenses 8,028 7,019 14.4% 6,127 31.0% Operating EBITDA 111 832 (86.7)% 562 (80.2)% Operating EBITDA Margins (%) 1.36% 10.60% (924) Bps 8.40% (704) B
Slide 10: Quarterly Standalone Segmental Breakup
Quarterly Standalone Segmental Breakup ENGINEERING (INR Mn) CHEMICALS (INR Mn) CONSUMER PRODUCTS (INR Mn) R 5,359 5,365 E 1,977 1,047 1,928 V E 779 N U E Q4-FY25 Q4-FY26 Q4-FY25 Q4-FY26 Q4-FY25 Q4-FY26 Q4-FY25 Q4-FY26 512 387 E 309 B 184 I (48) T Q4-FY25 Q4-FY26 Q4-FY25 Q4-FY26 (53) 9
Slide 11: Annual Standalone Financial Performance
Annual Standalone Financial Performance INCOME STATEMENT (INR Mn) FY26 FY25 Y-o-Y Operating Income 26,789 25,401 5.5% Expenses 24,946 22,549 10.6% Operating EBITDA 1,843 2,852 (35.4)% Operating EBITDA Margins (%) 6.88% 11.23% (435) Bps Depreciation 576 400 44.0% Finance Cost 205 84 NA Other Income 9
Slide 12: Annual Standalone Segmental Breakup
Annual Standalone Segmental Breakup ENGINEERING (INR Mn) CHEMICALS (INR Mn) CONSUMER PRODUCTS (INR Mn) 16,716 3,794 16,369 R 7,180 2,902 E V E 6,883 N U E FY25 FY26 FY25 FY26 FY25 FY26 1,925 1,127 FY25 FY26 1,657 917 E B I T (121) FY25 FY26 FY25 FY26 (154) 11
Slide 13: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance INCOME STATEMENT (INR Mn) Q4-FY26 Q4-FY25 Y-o-Y Q3-FY26 Q-o-Q Operating Income 8,633 8,346 3.4% 7,344 17.6% Expenses 8,434 7,488 12.6% 6,751 24.9% Operating EBITDA 199 858 (76.8)% 593 (66.4)% Operating EBITDA Margins (%) 2.31% 10.28% (797) Bps 8.07% (576)
Slide 14: Quarterly Consolidated Segmental Breakup
Quarterly Consolidated Segmental Breakup ENGINEERING (INR Mn) CHEMICALS (INR Mn) CONSUMER PRODUCTS (INR Mn) R 5,553 5,539 2,228 2,297 E 1,047 V E 779 N U E Q4-FY25 Q4-FY26 Q4-FY25 Q4-FY26 Q4-FY25 Q4-FY26 Q4-FY25 Q4-FY26 412 522 E 334 B 215 I (46) T Q4-FY25 Q4-FY26 Q4-FY25 Q4-FY26 (52) 13
Slide 15: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance INCOME STATEMENT (INR Mn) FY26 FY25 Y-o-Y Operating Income 29,148 27,371 6.5% Expenses 27,046 24,432 10.7% Operating EBITDA 2,102 2,939 (28.5)% Operating EBITDA Margins (%) 7.21% 10.74% (353) Bps Depreciation 626 445 40.7% Finance Cost 240 135 77.8% Other In
Slide 16: Annual Consolidated Segmental Breakup
Annual Consolidated Segmental Breakup ENGINEERING (INR Mn) CHEMICALS (INR Mn) CONSUMER PRODUCTS (INR Mn) 8,677 3,794 17,038 17,578 R 8,184 2,902 E V E N U E FY25 FY26 FY25 FY26 FY25 FY26 2,066 FY25 FY26 1,091 1,823 902 E B I T (115) FY25 FY26 FY25 FY26 (149) 15
Slide 17: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW
Slide 18: Historical Standalone Financial Performance
Historical Standalone Financial Performance INCOME STATEMENT (INR Mn) FY22 FY23 FY24 FY25 FY26 Operating Income 15,094 18,923 21,800 25,401 26,789 Expenses 13,123 16,544 19,129 22,549 24,946 Operating EBITDA 1,971 2,379 2,671 2,852 1,843 Operating EBITDA Margins (%) 13.06% 12.57% 12.25% 11.23% 6.88%
Slide 19: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet PARTICULARS (INR Mn) FY24 FY25 FY26 PARTICULARS (INR Mn) FY24 FY25 FY26 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Property, Plant and Equipment 2,149 2,414 5,851 (A) Equity Share Capital 147 147 147 (B) Capital Work-in-progress 607 3,170 1,747 (B
Slide 20: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance INCOME STATEMENT (INR Mn) FY22 FY23 FY24 FY25 FY26 Operating Income 15,769 19,896 23,479 27,371 29,148 Expenses 13,637 17,346 20,759 24,432 27,046 Operating EBITDA 2,132 2,550 2,720 2,939 2,102 Operating EBITDA Margins (%) 13.52% 12.82% 11.58% 10.74% 7.2
Slide 21: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet PARTICULARS (INR Mn) FY24 FY25 FY26 PARTICULARS (INR Mn) FY24 FY25 FY26 ASSETS EQUITIES & LIABILITIES Non-Current Assets Equity (A) Property, Plant and Equipment 3,018 3,280 6,853 (A) Equity Share Capital 142 142 142 (B) Capital Work-in-progress 607 3,178 1,747
Slide 22: Consolidated Financial Performance
Consolidated Financial Performance REVENUES (INR Mn) OPERATING EBITDA (INR Mn) PAT (INR Mn) 2,939 29,148 2,720 2,083 27,371 2,550 1,950 1,954 23,479 2,132 2,102 1,617 19,896 1,432 15,769 13.52% 12.82% 10.25% 9.80% 11.58% 10.74% 8.32% 7.61% 7.21% 4.91% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY2
Slide 23: Market Data
Market Data (Bloomberg – ION IN, Reuters – IONX.BO) 1 YEAR SHARE PRICE MOVEMENT (UP TO 31st March 2026) 30% 20% 10% 0% -10% -20% -30% -40% Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Ion Exchange Sensex PRICE DATA (As on 31st March 2026) SHAREHOLDING PATTERN (
Slide 24: Disclaimer
Disclaimer Ion Exchange (India) Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all e
Slide 25: Thank You
THANK YOU
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