Ion Exchange (India) Past Earnings Performance
Past criteria checks 3/6
Ion Exchange (India) has been growing earnings at an average annual rate of 22.8%, while the Commercial Services industry saw earnings growing at 19.8% annually. Revenues have been growing at an average rate of 11.3% per year. Ion Exchange (India)'s return on equity is 22.8%, and it has net margins of 9.3%.
Key information
22.8%
Earnings growth rate
20.1%
EPS growth rate
| Commercial Services Industry Growth | 21.8% |
| Revenue growth rate | 11.3% |
| Return on equity | 22.8% |
| Net Margin | 9.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Investors Shouldn't Overlook The Favourable Returns On Capital At Ion Exchange (India) (NSE:IONEXCHANG)
Dec 29
Here's What Ion Exchange (India)'s (NSE:IONEXCHANG) Strong Returns On Capital Mean
Aug 09Many Would Be Envious Of Ion Exchange (India)'s (NSE:IONEXCHANG) Excellent Returns On Capital
Mar 15Robust Earnings May Not Tell The Whole Story For Ion Exchange (India) (NSE:IONEXCHANG)
Jun 04A Piece Of The Puzzle Missing From Ion Exchange (India) Limited's (NSE:IONEXCHANG) Share Price
Jun 01Revenue & Expenses BreakdownBeta
How Ion Exchange (India) makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 22,135 | 2,049 | 2,999 | 0 |
| 30 Sep 23 | 21,718 | 2,055 | 2,858 | 0 |
| 30 Jun 23 | 20,864 | 2,020 | 2,535 | 0 |
| 31 Mar 23 | 19,896 | 1,967 | 2,561 | 0 |
| 31 Dec 22 | 18,385 | 1,981 | 2,374 | 0 |
| 30 Sep 22 | 17,146 | 1,785 | 2,297 | 0 |
| 30 Jun 22 | 16,452 | 1,669 | 2,085 | 0 |
| 31 Mar 22 | 15,769 | 1,628 | 2,133 | 0 |
| 31 Dec 21 | 15,257 | 1,499 | 2,008 | 0 |
| 30 Sep 21 | 14,866 | 1,506 | 1,944 | 0 |
| 30 Jun 21 | 14,984 | 1,501 | 1,883 | 0 |
| 31 Mar 21 | 14,495 | 1,439 | 1,833 | 0 |
| 31 Dec 20 | 13,555 | 1,018 | 1,923 | 0 |
| 30 Sep 20 | 14,045 | 991 | 1,928 | 0 |
| 30 Jun 20 | 14,240 | 975 | 1,765 | 0 |
| 31 Mar 20 | 14,798 | 936 | 1,978 | 0 |
| 31 Dec 19 | 15,605 | 1,010 | 1,999 | 0 |
| 30 Sep 19 | 14,206 | 829 | 1,935 | 0 |
| 30 Jun 19 | 12,550 | 687 | 1,869 | 0 |
| 31 Mar 19 | 11,623 | 653 | 1,767 | 0 |
| 31 Mar 18 | 10,458 | 402 | 1,521 | 0 |
| 31 Mar 17 | 10,090 | 304 | 1,365 | 0 |
| 31 Mar 16 | 8,711 | 153 | 1,252 | 0 |
| 31 Mar 15 | 8,005 | 98 | 1,126 | 0 |
| 31 Mar 14 | 7,930 | 46 | 1,901 | 0 |
Quality Earnings: IONEXCHANG has high quality earnings.
Growing Profit Margin: IONEXCHANG's current net profit margins (9.3%) are lower than last year (10.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IONEXCHANG's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: IONEXCHANG's earnings growth over the past year (3.4%) is below its 5-year average (22.8% per year).
Earnings vs Industry: IONEXCHANG earnings growth over the past year (3.4%) did not outperform the Commercial Services industry 32%.
Return on Equity
High ROE: IONEXCHANG's Return on Equity (22.8%) is considered high.