Change in Statutory Auditors – Not Applicable
This document does not contain information about a change in statutory auditors. The statutory auditors remain Deloitte Haskins & Sells LLP who have issued unmodified opinions on the financial results.
Company: Ion Exchange (India) Limited
Financial Results
Standalone Financial Results (Audited)
Quarter Ended March 31, 2026:
- Total Income: ₹90.63 crores
- Profit Before Tax: ₹27.33 crores
- Profit After Tax: ₹19.57 crores
- Other Comprehensive Income: ₹(0.54) lakhs
- Total Comprehensive Income: ₹19.03 crores
- Basic EPS: Not annualized
Year Ended March 31, 2026:
- Total Income: ₹277.27 crores
- Profit Before Tax: ₹201.16 crores
- Profit After Tax: ₹138.38 crores
- Other Comprehensive Income: ₹(16.11) lakhs
- Total Comprehensive Income: ₹137.77 crores
- Basic EPS: Not specified
Consolidated Financial Results (Audited)
Quarter Ended March 31, 2026:
- Revenue from Operations: ₹86.33 crores
- Other Income: ₹4.31 crores
- Total Income: ₹90.63 crores
- Profit Before Tax: ₹32.48 crores
- Profit After Tax: ₹24.29 crores
- Total Comprehensive Income: ₹25.81 crores
- Basic EPS: ₹2.036
- Diluted EPS: ₹1.712
Year Ended March 31, 2026:
- Revenue from Operations: ₹291.48 crores
- Other Income: ₹8.66 crores
- Total Income: ₹300.14 crores
- Profit Before Tax: ₹194.94 crores
- Profit After Tax: ₹143.21 crores
- Total Comprehensive Income: ₹150.20 crores
- Basic EPS: ₹12.034
- Diluted EPS: ₹17.530
Dividend and Record Date
- The Board recommended a dividend of ₹1.25 (125%) per equity share (face value ₹1 each) for FY2025-26
- Record Date fixed for determining eligibility: August 31, 2026
- Dividend payment to be made within 30 days from AGM conclusion, subject to shareholder approval
Appointment of Cost Auditors
- The Board approved appointment of M/s. R. Nanabhoy & Co. as Cost Auditors for FY2026-27
- Appointment date: May 26, 2026
- Firm profile: Established in 1948, strong reputation in Cost and Management Accounting
- No relationships with directors (Not Applicable)
Board Meeting Details
- Meeting held on May 26, 2026 (Tuesday)
- Commenced at 12:00 noon, concluded at 9:00 PM
- Items approved: Financial Results, Dividend Recommendation, Cost Auditor Appointment
Exceptional Items
- Impact of Labour Codes: ₹14.54 crores (standalone), ₹16.89 crores (consolidated)
- Related to increased gratuity and leave liabilities from new labour regulations
- Treated as exceptional item due to non-recurring nature
Segment Reporting
Standalone Segments for Q4 FY26:
- Engineering: Revenue ₹81.39 crores, Result ₹1.84 crores
- Chemicals: Revenue ₹19.77 crores, Result ₹3.09 crores
- Consumer Products: Revenue ₹10.47 crores, Result ₹(4.78) lakhs
- Others: Revenue ₹1.36 crores, Result ₹4.45 crores
Consolidated Segments for Q4 FY26:
- Engineering: Revenue ₹86.33 crores, Result ₹2.15 crores
- Chemicals: Revenue ₹19.77 crores, Result ₹3.34 crores
- Consumer Products: Revenue ₹10.47 crores, Result ₹(4.61) lakhs
- Others: Revenue ₹1.36 crores, Result ₹4.30 lakhs
Legal Matters (Ion Exchange Enviro Farms Limited)
- SEBI matter regarding investor repayment ongoing
- SAT appeal filed, next hearing scheduled for June 24, 2026
- SEBI directed deposit of ₹22.02 crores, but recovery proceedings stayed
- Company does not envisage liability on this account
Other Corporate Information
- Information available on company website: www.ionexchangeglobal.com
- Signed by Rajesh Sharma (Executive Chairman) and Indraneel Dutt (Managing Director & CEO)