₹411.8
+7.07% today
· 30d +6.42%
as of 2026-09-04
Price · Daily Candles
“Ion Exchange: DIIs Upping Stakes Amidst Profit Dive and Price Swings”
Ion Exchange, a water treatment specialist, saw its net profit plummet by -58.54% YoY in Q4 2025, despite a 6.36% revenue increase. While the stock's 1-year return is down -26.82%, domestic institutions increased their stake by 0.59% QoQ, holding 14.80% as of Q1 2026.
BULL CASE
+Annual revenue witnessed a 14.37% YoY increase in FY25, reaching ₹2737 Cr.
+Despite a profit dip, the company maintains a high ROCE of 22.0% as of FY25.
+ML predictions for Free Cash Flow show strong ranks, with 1-year rolling 4-year FCF rank at 0.718 and 1-year stable 7-year FCF rank at 0.774.
+The stock is trading 29.42% off its 52-week high of ₹580.75, suggesting potential upside from current levels.
+DIIs increased their shareholding by 0.59% QoQ to 14.80% in Q1 2026.
BEAR CASE
−Net profit in Q4 2025 plunged by -58.54% YoY to ₹21 Cr.
−The company's operating profit saw a -15.57% YoY decline in Q4 2025.
−Despite 3-year revenue CAGR of 20.18%, net profit CAGR for the same period is a modest 8.8%.
−FIIs reduced their stake by 0.05% QoQ to 4.63% in Q1 2026.
−The stock registered a -26.82% return over the past year.
⟳ What Changed
₹ Latest Earnings · Q ending 2025-12-31
REVENUE
₹734 Cr
+6.36% YoY
NET PROFIT
₹21 Cr
-58.54% YoY
OPM
9.49%
-2.51pp YoY
EPS
₹1.71
PE 26.56
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-5.7% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Ion Exchange trades at a TTM PE of 26.56, while its peer BANKA currently has a negative ROCE of -6.33% and no available PE.
PEERPEROCE %
IONEXCHANG26.5622.0
ML Forward Growth Predictions 🔒
61
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
POSITIVE
55
Valuation
REASONABLE
60
Growth
STEADY
64
Profitability
HIGH
75
Technicals
NEUTRAL
60
Risk
MODERATE
50
Key Stats
TTM PE
26.56
P/B
3.74
52W HIGH
₹486.0
OFF HIGH
-15.27%
DIV YIELD
0.37%
MKT CAP
₹5035 Cr
◉ Active Signals
MACDNeutral4.5665
RSI(14)Bullish63.7
Street Consensus
1 analyst₹448.0
mean target
Low ₹448.0Now ₹411.8High ₹448.0
⧉ Strategy Fit 🔒