ION Exchange (India) Limited Net Assets
ION Exchange (India) Limited net assets. Based on the latest financial reports, ION Exchange (India) Limited (IONEXCHANG) has net assets worth Rs13.40 Billion INR (≈ $144.95 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs33.80 Billion ≈ $365.53 Million USD) and total liabilities (Rs20.40 Billion ≈ $220.58 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore IONEXCHANG year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs13.40 Billion |
| % of Total Assets | 39.66% |
| Annual Growth Rate | 13.95% |
| 5-Year Change | 104.68% |
| 10-Year Change | 556.25% |
| Growth Volatility | 12.19 |
Net Assets of ION Exchange (India) Limited (2006–2026)
Net assets of ION Exchange (India) Limited from 2006 to 2026. This chart illustrates how ION Exchange (India) Limited's net assets have evolved over time, based on quarterly financial data. See ION Exchange (India) Limited (IONEXCHANG) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for ION Exchange (India) Limited (2006–2026)
The table below shows the annual net assets of ION Exchange (India) Limited from 2006 to 2026. For live market cap and overall valuation, see ION Exchange (India) Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs13.40 Billion ≈ $144.95 Million |
+10.82% |
| 2025-03-31 | Rs12.09 Billion ≈ $130.80 Million |
+18.60% |
| 2024-03-31 | Rs10.20 Billion ≈ $110.29 Million |
+22.02% |
| 2023-03-31 | Rs8.36 Billion ≈ $90.39 Million |
+27.64% |
| 2022-03-31 | Rs6.55 Billion ≈ $70.82 Million |
+29.49% |
| 2021-03-31 | Rs5.06 Billion ≈ $54.69 Million |
+38.52% |
| 2020-03-31 | Rs3.65 Billion ≈ $39.48 Million |
+39.23% |
| 2019-03-31 | Rs2.62 Billion ≈ $28.36 Million |
+29.21% |
| 2018-03-31 | Rs2.03 Billion ≈ $21.95 Million |
-0.64% |
| 2017-03-31 | Rs2.04 Billion ≈ $22.09 Million |
+15.82% |
| 2016-03-31 | Rs1.76 Billion ≈ $19.07 Million |
+7.17% |
| 2015-03-31 | Rs1.65 Billion ≈ $17.80 Million |
+2.83% |
| 2014-03-31 | Rs1.60 Billion ≈ $17.31 Million |
+1.08% |
| 2013-03-31 | Rs1.58 Billion ≈ $17.12 Million |
+9.62% |
| 2012-03-31 | Rs1.44 Billion ≈ $15.62 Million |
+6.11% |
| 2011-03-31 | Rs1.36 Billion ≈ $14.72 Million |
+12.66% |
| 2010-03-31 | Rs1.21 Billion ≈ $13.07 Million |
+2.90% |
| 2009-03-31 | Rs1.17 Billion ≈ $12.70 Million |
+2.04% |
| 2008-03-31 | Rs1.15 Billion ≈ $12.44 Million |
+10.80% |
| 2007-03-31 | Rs1.04 Billion ≈ $11.23 Million |
+5.47% |
| 2006-03-31 | Rs984.64 Million ≈ $10.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ION Exchange (India) Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
ION Exchange (India) Limited Net Assets Breakdown (March 2026)
ION Exchange (India) Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs142.30 Million | 1.06% |
| Other Components | Rs13.25 Billion | 98.94% |
| Total Equity | Rs13.39 Billion | 100.00% |
ION Exchange (India) Limited Competitors by Market Cap
The table below lists competitors of ION Exchange (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanfang Ventilator Co Ltd
SHE:300004
|
$450.23 Million |
|
Core Laboratories NV
NYSE:CLB
|
$450.36 Million |
|
Kaufman Et Broad
PA:KOF
|
$450.45 Million |
|
Blockchain Group SA
PA:ALTBG
|
$450.46 Million |
|
Sanlux Co Ltd
SHE:002224
|
$450.15 Million |
|
Hunan Sundy Science and Technology Co Ltd
SHE:300515
|
$450.12 Million |
|
Shanghai ZJ Bio-Tech Co. Ltd. A
SHG:688317
|
$450.04 Million |
|
Beijing Tianyishangjia New Material Corp Ltd
SHG:688033
|
$450.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ION Exchange (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 12,078,800,000 to 13,390,300,000, a change of 1,311,500,000 (10.9%).
- Net income of 1,426,700,000 contributed positively to equity growth.
- Dividend payments of 193,600,000 reduced retained earnings.
- Other comprehensive income decreased equity by 357,498,000.
- Other factors increased equity by 435,898,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.43 Billion | +10.65% |
| Dividends Paid | Rs193.60 Million | -1.45% |
| Other Comprehensive Income | Rs-357.50 Million | -2.67% |
| Other Changes | Rs435.90 Million | +3.26% |
| Total Change | Rs- | 10.86% |
Book Value vs Market Value Analysis
This analysis compares ION Exchange (India) Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 39.76x to 3.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs8.52 | Rs338.60 | x |
| 2007-03-31 | Rs8.59 | Rs338.60 | x |
| 2008-03-31 | Rs8.87 | Rs338.60 | x |
| 2009-03-31 | Rs9.06 | Rs338.60 | x |
| 2010-03-31 | Rs8.74 | Rs338.60 | x |
| 2011-03-31 | Rs9.43 | Rs338.60 | x |
| 2012-03-31 | Rs10.21 | Rs338.60 | x |
| 2013-03-31 | Rs10.44 | Rs338.60 | x |
| 2014-03-31 | Rs10.76 | Rs338.60 | x |
| 2015-03-31 | Rs10.83 | Rs338.60 | x |
| 2016-03-31 | Rs11.79 | Rs338.60 | x |
| 2017-03-31 | Rs13.93 | Rs338.60 | x |
| 2018-03-31 | Rs17.30 | Rs338.60 | x |
| 2019-03-31 | Rs22.48 | Rs338.60 | x |
| 2020-03-31 | Rs31.11 | Rs338.60 | x |
| 2021-03-31 | Rs42.67 | Rs338.60 | x |
| 2022-03-31 | Rs55.31 | Rs338.60 | x |
| 2023-03-31 | Rs70.31 | Rs338.60 | x |
| 2024-03-31 | Rs85.86 | Rs338.60 | x |
| 2025-03-31 | Rs101.88 | Rs338.60 | x |
| 2026-03-31 | Rs112.95 | Rs338.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ION Exchange (India) Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.89%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 2.52x
- Recent ROE (10.65%) is below the historical average (12.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 2.42% | 0.83% | 0.97x | 3.01x | Rs-74.58 Million |
| 2007 | 4.47% | 1.10% | 1.20x | 3.38x | Rs-56.89 Million |
| 2008 | 8.24% | 1.76% | 1.26x | 3.72x | Rs-19.98 Million |
| 2009 | 1.44% | 0.33% | 1.12x | 3.84x | Rs-97.86 Million |
| 2010 | 3.55% | 0.79% | 1.13x | 3.98x | Rs-75.08 Million |
| 2011 | 6.36% | 1.38% | 1.21x | 3.81x | Rs-47.91 Million |
| 2012 | 7.03% | 1.34% | 1.13x | 4.66x | Rs-40.77 Million |
| 2013 | 9.39% | 1.65% | 1.26x | 4.53x | Rs-9.26 Million |
| 2014 | 2.99% | 0.57% | 1.21x | 4.31x | Rs-106.70 Million |
| 2015 | 6.25% | 1.22% | 1.18x | 4.36x | Rs-58.46 Million |
| 2016 | 9.00% | 1.76% | 1.21x | 4.21x | Rs-17.00 Million |
| 2017 | 14.32% | 2.79% | 1.01x | 5.08x | Rs85.54 Million |
| 2018 | 20.08% | 3.87% | 0.97x | 5.32x | Rs201.65 Million |
| 2019 | 25.10% | 5.65% | 0.99x | 4.48x | Rs392.56 Million |
| 2020 | 25.79% | 6.42% | 1.06x | 3.81x | Rs573.16 Million |
| 2021 | 28.45% | 9.95% | 1.00x | 2.85x | Rs933.49 Million |
| 2022 | 24.83% | 10.35% | 0.97x | 2.48x | Rs972.09 Million |
| 2023 | 23.60% | 9.89% | 1.03x | 2.33x | Rs1.13 Billion |
| 2024 | 19.26% | 8.35% | 0.96x | 2.41x | Rs942.28 Million |
| 2025 | 17.20% | 7.59% | 0.92x | 2.47x | Rs870.22 Million |
| 2026 | 10.65% | 4.89% | 0.86x | 2.52x | Rs87.67 Million |
Industry Comparison
This section compares ION Exchange (India) Limited's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $400,989,000
- Average return on equity (ROE) among peers: 6.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ION Exchange (India) Limited (IONEXCHANG) | Rs13.40 Billion | 2.42% | 1.52x | $450.15 Million |
| Banka BioLoo Limited (BANKA) | $400.99 Million | 6.33% | 0.63x | $8.25 Million |
About ION Exchange (India) Limited
Ion Exchange (India) Limited, together with its subsidiaries, provides water and environmental management solutions in India and internationally. It operates through Engineering, Chemicals, and Consumer Products segments. The company offers raw water, process, post, and drinking water treatment; waste water, water recycling, and zero liquid discharge systems; sludge dewatering and waste to energy… Read more