| Scrip Code | 500214 |
|---|---|
| NSE Symbol | IONEXCHANG |
| MSEI Symbol | NOTLISTED |
| ISIN | INE570A01022 |
| Name of company | Ion Exchange (India) Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 29-01-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 20-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 29-01-2026 14:30:00 |
| End date and time of board meeting | 29-01-2026 17:30:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 73,444.00 | 2,05,157.00 | |
| Other income | 1,152.00 | 4,352.00 | |
| Total income | 74,596.00 | 2,09,509.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 43,567.00 | 1,20,702.00 |
| (b) | Purchases of stock-in-trade | 3,896.00 | 10,368.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (1,311.00) | (4,623.00) |
| (d) | Employee benefit expense | 10,459.00 | 29,931.00 |
| (e) | Finance costs | 757.00 | 1,321.00 |
| (f) | Depreciation, depletion and amortisation expense | 1,857.00 | 4,300.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 10,908.00 | 29,751.00 |
| Total other expenses | 10,908.00 | 29,751.00 | |
| Total expenses | 70,133.00 | 1,91,750.00 | |
| 3 | Total profit before exceptional items and tax | 4,463.00 | 17,759.00 |
| 4 | Exceptional items | (1,697.00) | (1,697.00) |
| 5 | Total profit before tax | 2,766.00 | 16,062.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 775.00 | 4,110.00 |
| 8 | Deferred tax | 37.00 | 244.00 |
| 9 | Total tax expenses | 812.00 | 4,354.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 1,954.00 | 11,708.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 102.00 | 184.00 |
| 16 | Total profit (loss) for period | 2,056.00 | 11,892.00 |
| 17 | Other comprehensive income net of taxes | 70.00 | 547.00 |
| 18 | Total Comprehensive Income for the period | 2,126.00 | 12,439.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 2,030.00 | 11,853.00 | |
| Total profit or loss, attributable to non-controlling interests | 26.00 | 39.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 2,082.00 | 12,335.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 44.00 | 104.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 1,423.00 | 1,423.00 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 1.71 | 10 | |
| Diluted earnings (loss) per share from continuing operations | 1.71 | 10 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 1.71 | 10 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 1.71 | 10 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1) The above unaudited consolidated financial results include the results of its subsidiaries - Aqua Investments (India) Limited, Ion Exchange And Company LLC, Ion Exchange Arabia for Water, Ion Exchange Asia Pacific Pte. Ltd. (Consolidated), Ion Exchange Enviro Farms Limited (IEEFL), Ion Exchange Environment Management (BD) Limited, Ion Exchange Europe LDA, Ion Exchange LLC, Ion Exchange Projects And Engineering Limited, Ion Exchange Purified Drinking Water Private Limited, Ion Exchange Safic Pty. Limited, Ion Exchange WTS (Bangladesh) Limited, Mapril - Produtos Qu�micos e M�quinas Para A Industria LDA, Total Water Management Services (India) Limited, Watercare Investments (India) Limited, and also includes share of profit / (loss) of its associates - Aquanomics Systems Limited, Ion Exchange Financial Products Private Limited, Ion Exchange PSS Co. Limited. 2) The above unaudited consolidated financial results which are published in accordance with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ('Listing Regulations') have been reviewed by the Audit Committee at their meeting held on 29th January 2026 and approved by the Board of Directors at their meeting held on 29th January 2026. The financial results are prepared in accordance with the Ind AS prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India. 3) Earnings per equity share includes Ind AS impact of consolidation of 23,689,390 equity shares of INR 1 each and 46,750 equity shares of INR 1 each held by IEI Shareholding (Staff Welfare) Trusts and HMIL Shareholding (Staff Welfare) Trusts respectively. 4) Cost of material consumed includes direct expenses incurred on contracts: a) INR 3,007 Lacs for the quarter ended 31st December 2025, INR 2,221 Lacs for the quarter ended 30th September 2025 and INR 1,887 Lacs for the quarter ended 31st December 2024. b) INR 7,171 Lacs for nine months ended 31st December 2025 and INR 6,298 Lacs for nine months ended 31st December 2024. c) INR 8,864 Lacs for the year ended 31st March 2025. 5) On 21st November 2025 the Government of India notified four Labour Codes. These Labour Codes consolidate twenty-nine existing labour laws into a unified framework governing employee benefits during employment and post-employment and amongst other things introduce changes, including a uniform definition of wages and enhanced benefits relating to leave. The adjustments for Labour Codes represent an increase in gratuity liability arising out of past service cost and increase in leave liability together by INR 1,697 Lacs. Considering the impact arising out of an enactment of the new legislation is an event of non-recurring nature, the group has presented this incremental amount as ”Impact of Labour Codes under Exceptional Item in the Consolidated financial results for the quarter and nine months ended 31st December 2025. The group continues to monitor the developments pertaining to Labour Codes and will evaluate impact if any on the measurement of liability pertaining to employee benefits. 6) With respect to the ongoing matter with SEBI of IEEFL (a subsidiary of the Company), the Company’s appeal filed in Supreme Court came up for hearing on 6th December 2021. The Court considered report of SEBI empaneled Auditor who was appointed by IEEFL. After detailed hearing, Supreme Court while disposing off the matter, granted liberty to IEEFL to approach SEBI requesting to reconsider the matter by producing additional material, which has been duly complied. SEBI has thereafter appointed Auditors to submit report thereon. Auditors have submitted their report to SEBI. Based on the report SEBI sought certain clarifications and IEEFL has provided clarifications in the matter. SEBI vide letter dated 16th May 2024 has directed IEEFL to deposit an amount of INR 2,202 Lacs towards repayment of money to the Investors. IEEFL has represented to SEBI to reconsider the matter in line with the Audit findings. SEBI vide email dated 7th August 2024 rejected company’s request. Company has filed appeal with SAT which came up for hearing on 17th October 2024. In the hearing the counsel for SEBI made a statement that SEBI will not initiate any recovery proceedings till the next date of hearing. SEBI filed its reply and IEEFL has filed its rejoinder. The matter will come up for hearing on 27th March 2026. IEEFL does not envisage any liability on this account. The auditors of the IEEFL has included an 'Emphasis of matter' in their review report on this account. |
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| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Engineering | 42,974.00 | 1,20,389.00 | ||||
| 2 | Chemicals | 23,071.00 | 63,801.00 | ||||
| 3 | Consumer Products | 9,868.00 | 27,469.00 | ||||
| 4 | Others | 0.00 | 0.00 | ||||
| 5 | Unallocated | 0.00 | 0.00 | ||||
| Total Segment Revenue | 75,913.00 | 2,11,659.00 | |||||
| Less: Inter segment revenue | 2,469.00 | 6,502.00 | |||||
| Revenue from operations | 73,444.00 | 2,05,157.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Engineering | 1,864.00 | 6,878.00 | ||||
| 2 | Chemicals | 4,309.00 | 14,887.00 | ||||
| 3 | Consumer Products | (333.00) | (693.00) | ||||
| 4 | Others | (76.00) | (74.00) | ||||
| 5 | Unallocated | 0.00 | 0.00 | ||||
| Total Profit before tax | 5,764.00 | 20,998.00 | |||||
| i. Finance cost | 757.00 | 1,321.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 2,241.00 | 3,615.00 | |||||
| Profit before tax | 2,766.00 | 16,062.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Engineering | 1,69,450.00 | 1,69,450.00 | ||||
| 2 | Chemicals | 1,13,039.00 | 1,13,039.00 | ||||
| 3 | Consumer Products | 13,554.00 | 13,554.00 | ||||
| 4 | Others | 1,681.00 | 1,681.00 | ||||
| 5 | Unallocated | 17,048.00 | 17,048.00 | ||||
| Total Segment Asset | 3,14,772.00 | 3,14,772.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 3,14,772.00 | 3,14,772.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Engineering | 92,464.00 | 92,464.00 | ||||
| 2 | Chemicals | 70,870.00 | 70,870.00 | ||||
| 3 | Consumer Products | 11,096.00 | 11,096.00 | ||||
| 4 | Others | 168.00 | 168.00 | ||||
| 5 | Unallocated | 8,618.00 | 8,618.00 | ||||
| Total Segment Liabilities | 1,83,216.00 | 1,83,216.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 1,83,216.00 | 1,83,216.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | 1) Segments have been identified in line with the Ind AS 108 'Operating Segment'. 2) Unallocable expenses includes INR 1,454 Lacs and INR 1,697 Lacs in Standalone and Consolidated Segment respectively towards impact of Labour Codes for the quarter and nine months ended 31st December 2025. |
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| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement benefit of defined benefit plans | (9.00) | (15.00) |
| 2 | Share of Other Comprehensive Income in associates | (6.00) | (11.00) |
| Total Amount of items that will not be reclassified to profit and loss | (15.00) | (26.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (1.00) | (2.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Movement in foreign currency translation reserve | 84.00 | 571.00 |
| Total Amount of items that will be reclassified to profit and loss | 84.00 | 571.00 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 70.00 | 547.00 |