Also trades as: IONEXCHANG.BO (BSE) · $vol 0M

₹406.90 ($4.23)

+0.50 (+0.12%)

NSE · Industrials · Industrial - Pollution & Treatment Controls · Tech Score Buy · Power 56 · ₹49.9B mcap · 77M float · 0.932% daily turnover

Revenue

$29.1B +6.5% ▲

5Y CAGR: +15.0%

Gross Profit

$10.6B +69.6% ▲

5Y CAGR: +25.9%

Operating Income

$1.5B -40.8% ▼

5Y CAGR: -3.7%

Net Income

$1.4B -31.3% ▼

5Y CAGR: -0.2%

EPS (Diluted)

$12.03 -31.4% ▼

5Y CAGR: -0.2%

EBITDA

$2.8B -17.8% ▼

5Y CAGR: +3.5%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$15.7B	$19.9B	$23.5B	$27.4B	$29.1B
YoY Growth	+8.7%	+26.5%	+18.0%	+16.6%	+6.5%
Cost of Revenue	$9.7B	$12.4B	$14.8B	$21.1B	$18.5B
Gross Profit	$6.2B	$7.5B	$8.7B	$6.3B	$10.6B
Gross Margin	39.3%	37.5%	37.0%	22.9%	36.4%
R&D Expenses	$90M	$99M	$102M	$122M	$0
SG&A Expenses	$2.1B	$794M	$1.0B	$3.8B	$0
Operating Expenses	$4.3B	$5.2B	$3.3B	$3.8B	$9.1B
Operating Income	$1.9B	$2.3B	$5.4B	$2.5B	$1.5B
Operating Margin	11.9%	11.5%	22.9%	9.1%	5.1%
Interest Expense	$127M	$121M	$155M	$135M	$240M
Income Before Tax	$2.2B	$2.6B	$2.7B	$2.8B	$1.9B
Tax Expense	$556M	$637M	$735M	$772M	$517M
Net Income	$1.6B	$2.0B	$2.0B	$2.1B	$1.4B
Net Margin	10.4%	9.9%	8.3%	7.6%	4.9%
EPS (Diluted)	$13.73	$16.60	$16.53	$17.53	$12.03
EBITDA	$2.6B	$3.0B	$3.2B	$3.4B	$2.8B
Shares Outstanding	119M	119M	119M	119M	119M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$5.7B	$6.4B	$6.9B	$8.3B	$5.8B	$7.3B	$7.3B	$8.6B
Cost of Revenue	$3.4B	$4.1B	$4.4B	$6.4B	$3.4B	$5.7B	$5.8B	$5.9B
Gross Profit	$2.3B	$2.4B	$2.5B	$1.9B	$2.4B	$1.6B	$1.5B	$2.7B
Gross Margin	40.3%	36.6%	36.8%	23.1%	41.1%	22.3%	20.4%	31.8%
R&D Expenses	$0	$0	$0	$122M	$0	$0	$0	$0
SG&A Expenses	$869M	$0	$0	$1.2B	$809M	$1.1B	$1.1B	$0
Operating Expenses	$1.7B	$1.8B	$1.9B	$1.2B	$1.9B	$1.1B	$1.1B	$2.7B
Operating Income	$538M	$574M	$641M	$740M	$503M	$563M	$407M	$3M
Operating Margin	9.5%	8.9%	9.3%	8.9%	8.6%	7.7%	5.5%	0.0%
Interest Expense	$29M	$36M	$33M	$36M	$26M	$31M	$76M	$108M
Income Before Tax	$623M	$683M	$698M	$852M	$659M	$679M	$287M	$325M
Tax Expense	$175M	$177M	$202M	$219M	$175M	$179M	$81M	$82M
Net Income	$450M	$509M	$486M	$634M	$487M	$495M	$203M	$241M
Net Margin	7.9%	7.9%	7.0%	7.6%	8.4%	6.7%	2.8%	2.8%
EPS (Diluted)	$3.79	$4.30	$4.10	$5.34	$4.11	$4.18	$1.71	$2.04
EBITDA	$642M	$828M	$844M	$1.0B	$807M	$828M	$538M	$629M
Shares Outstanding	119M	119M	119M	119M	119M	119M	119M	119M

IONEXCHANG.NS NSE