Ion Exchange (India) Limited, together with its subsidiaries, provides water treatment and environment management solutions in India. More Details
Flawless balance sheet with outstanding track record and pays a dividend.
Share Price & News
How has Ion Exchange (India)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500214 has not had significant price volatility in the past 3 months.
7 Day Return
IN Commercial Services
1 Year Return
IN Commercial Services
Return vs Industry: 500214 underperformed the Indian Commercial Services industry which returned 16.4% over the past year.
Return vs Market: 500214 underperformed the Indian Market which returned -1.4% over the past year.
Price Volatility Vs. Market
How volatile is Ion Exchange (India)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Ion Exchange (India) undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500214 (₹742.2) is trading above our estimate of fair value (₹729.3)
Significantly Below Fair Value: 500214 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500214 is good value based on its PE Ratio (8.9x) compared to the IN Commercial Services industry average (12.9x).
PE vs Market: 500214 is good value based on its PE Ratio (8.9x) compared to the Indian market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500214's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500214 is overvalued based on its PB Ratio (2.4x) compared to the IN Commercial Services industry average (1x).
How is Ion Exchange (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ion Exchange (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Check out Ion Exchange (India)'s track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Ion Exchange (India) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has Ion Exchange (India) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500214 has high quality earnings.
Growing Profit Margin: 500214's current net profit margins (6.8%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: 500214's earnings have grown significantly by 31.5% per year over the past 5 years.
Accelerating Growth: 500214's earnings growth over the past year (41.6%) exceeds its 5-year average (31.5% per year).
Earnings vs Industry: 500214 earnings growth over the past year (41.6%) exceeded the Commercial Services industry 13.4%.
Return on Equity
High ROE: 500214's Return on Equity (26.9%) is considered high.
How is Ion Exchange (India)'s financial position?
Financial Position Analysis
Short Term Liabilities: 500214's short term assets (₹11.3B) exceed its short term liabilities (₹9.6B).
Long Term Liabilities: 500214's short term assets (₹11.3B) exceed its long term liabilities (₹559.5M).
Debt to Equity History and Analysis
Debt Level: 500214's debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 500214's debt to equity ratio has reduced from 50.7% to 26.4% over the past 5 years.
Debt Coverage: 500214's debt is well covered by operating cash flow (101.5%).
Interest Coverage: 500214's interest payments on its debt are well covered by EBIT (7.2x coverage).
What is Ion Exchange (India) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500214's dividend (0.81%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: 500214's dividend (0.81%) is low compared to the top 25% of dividend payers in the Indian market (2.31%).
Stability and Growth of Payments
Stable Dividend: 500214's dividends per share have been stable in the past 10 years.
Growing Dividend: 500214's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (7.2%), 500214's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rajesh Sharma (66 yo)
Mr. Rajesh Sharma, B.Sc., LL.B. has been the Managing Director of Ion Exchange (India) Ltd. since April 2005. Mr. Sharma served as the Chief Operating Officer of Sabero Organics Gujarat Ltd. since July 31, ...
CEO Compensation Analysis
Compensation vs Market: Rajesh's total compensation ($USD697.72K) is above average for companies of similar size in the Indian market ($USD54.58K).
Compensation vs Earnings: Rajesh's compensation has increased by more than 20% in the past year.
|Executive Chairman & MD||15.5yrs||₹51.77m||7.88% |
|Executive Director||11.5yrs||₹22.60m||5.75% |
|Executive Director||11.5yrs||₹22.89m||2.57% |
|Independent Non-Executive Director||17.75yrs||₹1.93m||0.70% |
|Independent Non-Executive Director||15.58yrs||₹1.78m||0.49% |
|Non-Executive Director||19.08yrs||₹1.85m||6.37% |
|Independent Non-Executive Director||25.25yrs||₹2.01m||0.94% |
|Independent Non-Executive Director||12.25yrs||₹1.90m||1.31% |
|Independent Non-Executive Director||9.42yrs||₹1.89m||0.031% |
|Independent Non-Executive Director||10.42yrs||₹1.83m||0.028% |
Experienced Board: 500214's board of directors are seasoned and experienced ( 11.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
Ion Exchange (India) Limited's company bio, employee growth, exchange listings and data sources
- Name: Ion Exchange (India) Limited
- Ticker: 500214
- Exchange: BSE
- Founded: 1964
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: ₹8.891b
- Shares outstanding: 11.86m
- Website: https://www.ionindia.com
- Ion Exchange (India) Limited
- Ion House
- Dr. E. Moses Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500214||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2001|
Ion Exchange (India) Limited, together with its subsidiaries, provides water treatment and environment management solutions in India. The company operates through three segments: Engineering, Chemicals, an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/29 12:30|
|End of Day Share Price||2020/10/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.