Ion Exchange (India) Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Ion Exchange (India) Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Growth Efficiency Ratio: Sales grew 46% in 3 years, but profit fell: ₹6 less profit per ₹100 of extra sales. Lower than 86% of Industrials companies in India.
- Debt Due Cover Ratio: Operating cash was negative last year, while some debt falls due within a year. Lower than 86% of Industrials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹24Over the last 3 years, every ₹100 of reported profit came with ₹24 of operating cash.
Lower than 72% of Industrials companies in India.
Self-Funding Ratio
0.2×Over the last 3 years its own operating cash paid for 19% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares.
Lower than 74% of Industrials companies in India.
Cash Locked Ratio
₹18For every ₹100 of sales, ₹18 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹17 tied up three years earlier.
Less money tied up than 59% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 1/3Sales grew in 3 of the last 3 years; profit grew in 1 of 3.
Less steady than 60% of Industrials companies in India.
Growth Efficiency Ratio
−₹6Sales grew 46% in 3 years, but profit fell: ₹6 less profit per ₹100 of extra sales.
Lower than 86% of Industrials companies in India.
Asset Productivity Ratio
+46% / +74%In 3 years sales changed by +46% while total assets changed by +74%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
-0.3×Operating cash was negative last year, while some debt falls due within a year.
Lower than 86% of Industrials companies in India.
Cash Cushion Ratio
−6%Debt, after subtracting cash, equals 6% of its market value (net debt).
Lower than 57% of Industrials companies in India.
Tangible Assets Ratio
99%Of every ₹100 the company owns, ₹99 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 56% of Industrials companies in India.
Tangible Net Worth Ratio
98%Of every ₹100 of net worth, ₹98 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 60% of Industrials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Ion Exchange (India) Limited owes ₹0.60 for every ₹1 it owns. Net profit fell 31% in the year to Mar 2026, and shrank 10% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
40.8Investors pay ₹40.8 for every ₹1 of Ion Exchange (India) Limited's yearly profit, higher than 69% of Industrials companies in India.
P/B ratio
3.10The share price is 3.10 times Ion Exchange (India) Limited's book value per share, higher than 54% of Industrials companies in India.
Market cap
₹4,152 CrThe total market value of all of Ion Exchange (India) Limited's shares at today's price (share price × number of shares), larger than 62% of Industrials companies in India. PosiCap size class: Mini Cap.
Net worth (book value)
₹1,339 CrWhat Ion Exchange (India) Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹108.93Net worth divided by the number of shares. The share price of ₹337.75 is 3.1 times this, which is the P/B above.
Return on equity (ROE)
7.3%Ion Exchange (India) Limited earned 7.3% on its shareholders' money over the last year, lower than 72% of Industrials companies in India.
Owes vs Owns
0.60×Ion Exchange (India) Limited owes ₹0.60 for every ₹1 it owns (moderate), higher than 80% of Industrials companies in India.
Dividend yield
0.32%Ion Exchange (India) Limited pays 0.32% of its share price as dividends a year, lower than 67% of dividend-paying Industrials companies in India.
Revenue growth
+7%Revenue rose 7% in the year to Mar 2026, and grew 14% a year on average over 3 years.
Profit growth
-31%Net profit fell 31% in the year to Mar 2026, and shrank 10% a year on average over 3 years.
Profit margin
4.9%Ion Exchange (India) Limited keeps ₹5 of every ₹100 of revenue as net profit.
Cash quality
-0.2×Cash from Ion Exchange (India) Limited's business was -0.2× its reported profit in the year to Mar 2026 — the business used cash even though it reported a profit.
Interest cover
6.8×Ion Exchange (India) Limited's operating profit covered its interest costs 6.8 times in the year to Mar 2026.
Cash vs debt
Net debtIon Exchange (India) Limited had ₹263 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Ion Exchange (India) Limited's P/E ratio?
Investors pay ₹40.8 for every ₹1 of Ion Exchange (India) Limited's yearly profit, higher than 69% of Industrials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Ion Exchange (India) Limited: ₹4,152 Cr ÷ ₹1,339 Cr (31 Mar 2026) = 3.1.
What is Ion Exchange (India) Limited's return on equity?
Ion Exchange (India) Limited earned 7.3% on its shareholders' money over the last year, lower than 72% of Industrials companies in India.
How much does Ion Exchange (India) Limited owe compared with what it owns?
Ion Exchange (India) Limited owes ₹0.60 for every ₹1 it owns (moderate), higher than 80% of Industrials companies in India.
Does Ion Exchange (India) Limited pay a dividend?
Yes. Ion Exchange (India) Limited pays 0.32% of its share price as dividends a year, lower than 67% of dividend-paying Industrials companies in India.
Is Ion Exchange (India) Limited's revenue growing?
Revenue rose 7% in the year to Mar 2026, and grew 14% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.