Ion Exchange (India) Limited released its Q3 FY26 earnings presentation, showcasing its financial performance and strategic initiatives. The company experienced growth in operating income, driven by engineering and chemical segments. However, profitability margins were impacted by product mix and facility costs. The company secured new solar projects and is focused on expanding its presence in water treatment and environmental solutions across various industries. The order book remains strong, indicating positive future performance.
Financial Performance Overview
Ion Exchange reported an operating income of INR 6,689 Mn for Q3 FY26 (Standalone), with an operating EBITDA of INR 562 Mn. Net profit stood at INR 241 Mn. For the nine months ended December 31, 2025, the operating income was INR 18,650 Mn, with a net profit of INR 1,188 Mn. The company’s consolidated operating income for Q3 FY26 reached INR 7,344 Mn, and the net profit was INR 206 Mn. The consolidated operating income for the nine-month period was INR 20,516 Mn, with a net profit of INR 1,189 Mn.
Segmental Performance
The Engineering segment recorded a revenue of INR 4,173 Mn in Q3 FY26 (Standalone), with an EBIT of INR 284 Mn. The Chemicals segment’s revenue was INR 1,715 Mn, and EBIT was INR 499 Mn. The Consumer Products segment posted revenue of INR 772 Mn and an EBIT loss of INR (31) Mn. The company witnessed strong order inflows in the engineering segment, with a total order book of INR 2,833 Cr.
Operational Highlights
The enquiry bank remains robust, leading to sequential and year-on-year growth in order flow. Two domestic contracts for solar projects, totaling INR 205 crores, were secured. The Roha facility’s commissioning is progressing well, with expectations of increased volumes in the coming months. The Consumer Products segment continues to experience volume growth, prompting further investment in the business. The company secured two domestic contracts for solar projects totaling INR 205 crores.
Strategic Focus
Ion Exchange is focused on providing water, wastewater treatment, and environment solutions across industries, institutions, homes, and communities. It has 8 manufacturing and assembly facilities across India, along with facilities in Portugal, UAE, Indonesia, Bangladesh, and Saudi Arabia. The company aims to expand its global presence and strengthen its position in the water treatment sector. The company’s marquee clients include NTPC, Reliance, Taj Hotels, and Unilever Group.
Source: BSE
