Ion Exchange (india) Ltd. · NSE:IONEXCHANG
Ion Exchange (india) — Q4 FY25 Earnings Presentation
23 slides from Ion Exchange (india)'s earnings presentation, May 2025
Slide 1: Earnings Presentation – Q4-FY25 / FY25
EARNINGS PRESENTATION – Q4-FY25 / FY25
Slide 2: 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 7 manufacturing and assembly facilities acr
Slide 3: Company Overview
Company Overview • Ion Exchange was originally formed as a subsidiary of Permutit, UK in 1964. It became a wholly owned FY25 CONSOLIDATED REVENUE BREAKUP* Indian company in 1985. The company is currently in its 60th Year of operations. • The company has expanded its footprints globally and possesses
Slide 4: Q4-FY25 / FY25 Financial Highlights
Q4-FY25 / FY25 Financial Highlights Q4-FY25 Performance (Standalone) Q4-FY25 Performance (Consolidated) INR 7,851 Mn INR 832 Mn 10.60% 10.28% INR 8,346 Mn INR 858 Mn Operating Income Operating EBITDA Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Margins Margins INR 646 Mn 8.23%
Slide 5: Q4-FY25 / FY25 Operational Highlights
Q4-FY25 / FY25 Operational Highlights ENGINEERING • The Engineering Segment recorded sequential and year on year turnover growth. The execution of the UP Jal Nigam Order remained muted. • Regarding Sri Lanka order, there has been positive development at the quarter end with the Sri Lanka authorities
Slide 6: Financial Overview
FINANCIAL OVERVIEW,
Slide 7: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance INCOME STATEMENT (INR MN) Q4-FY25 Q4-FY24 Y-o-Y Q3-FY25 Q-o-Q Operating Income 7,851 7,347 6.9% 6,499 20.8% Expenses 7,019 6,472 8.5% 5,755 22.0% Operating EBITDA 832 875 (4.9)% 744 11.8% Operating EBITDA Margins (%) 10.60% 11.91% (131) Bps 11.45% (85) Bps
Slide 8: Quarterly Standalone Segmental Breakup
Quarterly Standalone Segmental Breakup ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 5,089 5,359 E 1,722 1,928 V E 728 779 N U E Q4-FY24 Q4-FY25 Q4-FY24 Q4-FY25 Q4-FY24 Q4-FY25 489 Q4-FY24 Q4-FY25 512 387 467 E B I T (29) Q4-FY24 Q4-FY25 Q4-FY24 Q4-FY25 (53) 8
Slide 9: Annual Standalone Financial Performance
Annual Standalone Financial Performance INCOME STATEMENT (INR MN) FY25 FY24 Y-o-Y Operating Income 25,401 21,800 16.5% Expenses 22,549 19,129 17.9% Operating EBITDA 2,852 2,671 6.8% Operating EBITDA Margins (%) 11.23% 12.25% (102) Bps Depreciation 400 330 21.2% Finance Cost 84 67 25.4% Other Income
Slide 10: Annual Standalone Segmental Breakup
Annual Standalone Segmental Breakup ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 16,369 6,883 13,803 6,118 E V 2,902 2,537 E N U E FY24 FY25 FY24 FY25 FY24 FY25 1,925 FY24 FY25 1,661 1,159 1,127 E B I (64) T FY24 FY25 FY24 FY25 (154) 10
Slide 11: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance INCOME STATEMENT (INR MN) Q4-FY25 Q4-FY24 Y-o-Y Q3-FY25 Q-o-Q Operating Income 8,346 7,818 6.8% 6,905 20.9% Expenses 7,488 6,897 8.6% 6,151 21.7% Operating EBITDA 858 921 (6.8)% 754 13.8% Operating EBITDA Margins (%) 10.28% 11.78% (150) Bps 10.92% (64) Bp
Slide 12: Quarterly Consolidated Segmental Breakup
Quarterly Consolidated Segmental Breakup ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) 5,293 5,553 R 2,228 E 1,990 779 728 V E N U E Q4-FY24 Q4-FY25 Q4-FY24 Q4-FY25 Q4-FY24 Q4-FY25 522 Q4-FY24 Q4-FY25 537 478 E 412 B I T (28) Q4-FY24 Q4-FY25 Q4-FY24 Q4-FY25 (52) 12
Slide 13: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance INCOME STATEMENT (INR MN) FY25 FY24 Y-o-Y Operating Income 27,371 23,479 16.6% Expenses 24,432 20,759 17.7% Operating EBITDA 2,939 2,720 8.1% Operating EBITDA Margins (%) 10.74% 11.58% (84) Bps Depreciation 445 364 22.3% Finance Cost 135 121 11.6% Other Inco
Slide 14: Annual Consolidated Segmental Breakup
Annual Consolidated Segmental Breakup ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 17,038 14,514 8,184 E 7,085 2,902 2,537 V E N U E FY24 FY25 FY24 FY25 FY24 FY25 2,066 1,119 1,091 1,760 FY24 FY25 E B I (60) T FY24 FY25 FY24 FY25 (149) 14
Slide 15: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW
Slide 16: Historical Standalone Financial Performance
Historical Standalone Financial Performance INCOME STATEMENT (INR MN) FY21 FY22 FY23 FY24 FY25 Operating Income 14,018 15,094 18,923 21,800 25,401 Expenses 12,067 13,123 16,544 19,129 22,549 Operating EBITDA 1,951 1,971 2,379 2,671 2,852 Operating EBITDA Margins (%) 13.92% 13.06% 12.57% 12.25% 11.23
Slide 17: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet PARTICULARS (INR MN) FY23 FY24 FY25 PARTICULARS (INR MN) FY23 FY24 FY25 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Property, Plant and Equipment 1,680 2,149 2,414 (A) Equity Share Capital 147 147 147 (B) Capital Work-in-progress 420 607 3,170 (B)
Slide 18: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance INCOME STATEMENT (INR MN) FY21 FY22 FY23 FY24 FY25 Operating Income 14,495 15,769 19,896 23,479 27,371 Expenses 12,472 13,637 17,346 20,759 24,432 Operating EBITDA 2,023 2,132 2,550 2,720 2,939 Operating EBITDA Margins (%) 13.96% 13.52% 12.82% 11.58% 10.
Slide 19: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet PARTICULARS (INR MN) FY23 FY24 FY25 PARTICULARS (INR MN) FY23 FY24 FY25 ASSETS EQUITIES & LIABILITIES Non-Current Assets Equity (A) Property, Plant and Equipment 1,707 3,018 3,280 (A) Equity Share Capital 142 142 142 (B) Capital Work-in-progress 420 607 3,178 (B
Slide 20: Consolidated Financial Performance
Consolidated Financial Performance REVENUES (INR MN) OPERATING EBITDA (INR MN) PAT (INR MN) 27,371 2,939 2,720 2,083 23,479 2,550 1,950 1,954 19,896 2,023 2,132 1,617 1,433 14,495 15,769 13.96% 13.52% 12.82% 10.25% 11.58% 9.89% 9.80% 10.74% 8.32% 7.61% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY
Slide 21: Market Data (Bloomberg – ION IN, Reuters – IONX.BO)
Market Data (Bloomberg – ION IN, Reuters – IONX.BO) 1 YEAR SHARE PRICE MOVEMENT (UP TO 31st March 2025) 50% 40% 30% 20% 10% 0% -10% -20% Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Ion Exchange Sensex PRICE DATA (As on 31st March 2025) SHAREHOLDING PATTERN (As
Slide 22: 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 23: Thank You
THANK YOU