Ion Exchange (India) is engaged in a wide range of solutions across the water cycle from pre-treatment to process water treatment, waste water treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination.
Ion Exchange (India) is engaged in a wide range of solutions across the water cycle from pre-treatment to process water treatment, waste water treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination.
The company operated under three business segments; Engineering segment, Chemicals segment & Consumer Products. Based in Mumbai, the company has seven manufacturing & assembly facilities across India, and one each in Bangladesh, UAE, Bahrain and Indonesia.
In FY21:
The overall Sales fell by 2%
6% decline in chemicals
14% fall in consumer products
Engineering had a 0.2% growth
Even after fall in Sales Operating Profits grew by almost 50% YoY (Margin 13.96%)
Net Profit Margin of 9.89%

The margins improved based on increased degree of utilization of the clinical setup & improved efficiencies from increased scale of operations
There was favorable movement in raw material prices
The long-term debt reduced from INR 18.8 Cr. to INR 8 Cr

The company grabbed a Letter of Award and Contract from the government for rural drinking water supply to 1,000 villages in two districts of Uttar Pradesh worth INR 1,000 Cr
Expecting to setup a greenfield plant for its resin facility (Capex INR 100Cr+)
Order book of the company stands solid with INR 662 Cr. for Engineering projects, INR 5.4 Cr. for the Sri Lanka Project and INR 6000 Cr. for the Bid Pipeline
Increase their spending on R&D to add additional product lines
The primary competitor of Ion Exchange is VA Tech Wabag providing similar waste water treatment solutions.
Other peers like Thermax Ltd, Triveni Engineering & and Praj Industries Ltd have their water business segment constitute very low % of their revenue

More from Iex
see how demand supply zone or Turning points working simple entry close abv zone exit close below zone Ride to next levels
#AhmedabadNest #process https://t.co/MEJ2WvLHoF

#ValueInvesting #GrowthInvesting #momentum #Mindset #IEX https://t.co/35n8Y60GhX
— NISHSHKUMAR JAANI (@NishshkumarJaan) July 9, 2021
Running bullish ABC n close abv 404 Anchor Ft buy sl 350 on closing basis tgt 495-575#Relativestrength #outperformance #AhmedabadNest #investing #India #NISHSHKUMAR pic.twitter.com/CNr1c9PXqy
90% in 56 days https://t.co/KAsBVxzlxb

#IEX
— Aneesh Philomina Antony (ProdigalTrader) (@ProdigalTrader) August 24, 2021
reversal of polarity played out very well here. Strong momentum and demand here pushing price up. Might breakout to new highs soon#StockMarket #StocksInFocus #stocktrading #stockselection #StockToWatch pic.twitter.com/oOnpBOfaNa
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