Company Overview

Ion Exchange (India) Limited provides total water and environment management solutions with a vision to be the leader in their business sector. The company has a global presence serving 50+ countries with 30% international revenue share. They operate 14 global manufacturing facilities and assembly centers with over 200,000 global installations.

Core Business Segments and Capabilities

Core Offerings:

  • Intake and Pre-Treatment
  • Core Desalination Reverse Osmosis
  • Post Treatment and Disposal

Advanced Solutions:

  • RO, EDI & Mixed Bed UPW Systems for Solar & Semiconductor
  • High-Recovery UPW with TOC & Silica Control
  • Integrated RO, DM & EDI Systems for Pharma & Data Centers
  • Smart Water Quality Monitoring
  • Advanced Oxidation (Radical creation to make Hydroxyl Radicals)
  • Pollutant Breakdown and Full Cleanup
  • Primary, Secondary, and Tertiary Treatment

Applied Ion Exchange Solutions:

  • API Desalting Unit
  • Fish Collage Separation
  • Glyphosphate Separation & Concentration
  • Sugar Juice Clarification & Brix Concentration

Wellness Solutions:

  • Zero B Hydrogen Water - Hydrolife
  • Zero B Alkaline Water - Ionizer
  • Under the sink variants

Global Manufacturing Facilities

India Facilities:

  • Ankleshwar, Gujarat: Resins Manufacturing - Exports
  • Roha, Maharashtra: Non-Solvent Resins
  • Verna, Goa: Centre of Membrane Excellence
  • Patancheru, Telangana: Chemicals Manufacturing
  • Hosur, Tamil Nadu: Standard Systems Assembly
  • Wada, Maharashtra: Standard Systems Assembly
  • Palaspe, Maharashtra: Large System Assembly

International Facilities:

  • Saudi Arabia: Chemical Blending Facility
  • Portugal: MAPRIL, Manufacturing Facility
  • UAE: Assembly Unit, ICV Certified Facility
  • South Africa: Manufacturing Facility
  • Indonesia: Assembly and Testing Center
  • Bangladesh: Fabrication Unit & Assembly Centre

Research and Development

The company has six decades of scientific leadership in water treatment, recognized by the Department of Scientific and Industrial Research (DSIR), New Delhi. They hold 50+ patents and have launched 100+ products. Research facilities include:

  • Vashi, Maharashtra Technology Centre Of Excellence: Systems design, application testing & consulting
  • Patancheru, Telangana Chemical Centre Of Excellence: Resins, membranes, microbiology labs & enzyme research

Human Capital

The company employs 3,500+ professionals across 6 strategic capability pillars driving innovation and operational excellence.

Capacity Expansion Projects

Industrial Resins @ Roha:

  • 5X Capacity Expansion
  • Target to expand market share from 2.5% to 10%
  • India's first Non-Solvent Resin manufacturing facility
  • Integrated Spent Acid Recovery for circular manufacturing
  • Green manufacturing with ZLD and advanced environmental infrastructure

Pharma Resins @ Ankleshwar:

  • Capacity Expansion
  • Target to expand market share from 3.5% to 17%
  • 6X strategic investments to expand capabilities
  • Expanded product portfolio with new Weak Acid Cation and Acrylic Anion resin grades
  • Enhanced FDA Approved Manufacturing capacity
  • FDA Approved Facility

Membrane Manufacturing @ Goa:

  • Strategic investments in technology, infrastructure and capacity
  • Focus on self-reliance and global competitiveness

Standard Systems:

  • Expanded fabrication, assembly and logistics capabilities
  • Enhanced ability to execute larger and more complex projects

Services Business Scale

India's most comprehensive lifecycle services platform for water & wastewater treatment:

  • 200+ Operation & Maintenance contracts
  • 30,000+ Customers Served
  • 3,000+ Trained Service Personnel deployed at customer sites
  • 10% CAGR YOY growth
  • 60% growth over the last five years
  • 1,100+ Service Contracts
  • 25+ Years Long-Term Loyal O&M Customers
  • 1,500+ Customer Testimonials
  • 12 Service Branches
  • 50+ Channel Partners
  • 50+ Service Locations

Services include: Consulting, Energy & Water Efficiency Solutions, Audits & Troubleshooting, Asset Management, BOOT, WaaS, BOO Solutions, Spares and Consumables.

ZeroB Home Water Solutions

ZeroB is one of India's most trusted water purification brands with more than 4 Lacs+ customers. Strategic initiatives include:

  • Expanding alkaline & hydrogen water portfolio
  • Improving CWS margins through product optimization
  • Scaling adjacent categories: OTG, heat pumps, pressure pumps & advanced RO/UV purifiers
  • Digitizing service operations
  • Strengthening brand through 360° omnichannel campaign

Financial Reporting Segments

New Reporting Structure:

Treatment Solutions:

  • High Purity Water
  • Desalination
  • Wastewater Treatment & Recycle
  • Zero Liquid Discharge (ZLD)
  • PFAS

Products:

  • Standard Water Treatment Solutions
  • Membranes (RO, UF, NF, MBR)
  • Institutional Water Treatment Products
  • Spares, Services & Consumables
  • BOO/BOOT/WaaS

Lifecycle Services:

  • Operations & Maintenance (O&M)
  • Rehabilitation & Modification
  • Rentals
  • Audits
  • Remote Monitoring

Industrial Products:

  • Water Treatment Chemicals (Utility Chemicals, Process Chemicals, Membrane Chemicals, Polymers)
  • Resins (Industrial, Process, Pharma)

Consumer:

  • Home Water Solutions
  • Community Water Treatment Solutions
  • Wellness (Hydrogen Water, Alkaline Water)

Financial Performance Highlights

Lifecycle Services Segment:

  • Revenue CAGR: 10%
  • FY 2025-26 Revenue: ₹289 Crores
  • FY 2024-25 Revenue: ₹260 Crores
  • FY 2023-24 Revenue: ₹232 Crores
  • FY 2022-23 Revenue: ₹218 Crores
  • FY 2021-22 Revenue: ₹198 Crores
  • EBIT FY 2025-26: ₹38 Crores
  • EBIT FY 2024-25: ₹28 Crores
  • EBIT FY 2023-24: ₹21 Crores
  • EBIT FY 2022-23: ₹18 Crores
  • EBIT FY 2021-22: ₹18 Crores

Specialty Chemicals Segment:

  • Revenue CAGR: 12%

Consumer Products Segment:

  • Revenue CAGR: 31%

All figures presented are consolidated.

Additional Information

The presentation is available on the company website at www.ionexchangeglobal.com. The disclosure was signed by Nikisha Solanki, Company Secretary & Compliance Officer (ACS- 50894).