About Ion Exchange India Limited

Ion Exchange India Limited, incorporated in 1964, provides total water and environment management solutions spanning pre-treatment, process water, wastewater treatment, recycle, Zero Liquid Discharge, sewage treatment, packaged drinking water, and sea water desalination, with offerings extending to homes, hotels, hospitals, laboratories, realty, defence, and rural communities. The company operates 7 plants and 11 offices in India, plus 2 international offices, serving 28 states and 7 union territories and exporting to 67 countries, with exports contributing 31% of turnover in FY 2024–25 on a standalone basis. Key products and services include engineering EPC solutions (desalination, recycle, ZLD, waste-to-energy, O&M), ion exchange resins and specialty chemicals, membranes (UF/NF/RO/MBR), and consumer drinking water systems under ZeroB. 

As of March 31, 2025, the group had multiple subsidiaries across India, APAC, Middle East, Africa, and Europe, including Ion Exchange Asia Pacific Pte. Ltd. (100%), PT Ion Exchange Asia Pacific (95%), Ion Exchange LLC (100%), Ion Exchange Arabia for Water (60%), Ion Exchange Europe LDA (99.98%), and MAPRIL Lda (100%), among others; associates include Aquanomics Systems Ltd. (48.42%), Ion Exchange PSS Co. Ltd. Thailand (49%), and Ion Exchange Financial Products Pvt. Ltd. (24.02%). 

Milestones in FY 2024–25 included commissioning a 40 MLD North Africa desalination plant and advancing two more large plants (60 MLD and 40 MLD) in the region, substantial completion of the Sri Lanka project, and steady progress on UP Jal Nigam under Har Ghar Jal.

Ion Exchange India Limited Business Segment

• Segment mix (turnover contributors, FY 2024–25, standalone basis per BRSR primary activities): Engineering 63%, Chemicals 26%, Consumer Products 11%.

• Segment revenues (standalone): Engineering external turnover Rs 1,599 crore; Chemicals external turnover Rs 650 crore; Consumer Products turnover Rs 290 crore.

• Geographic split (turnover, FY 2024–25, standalone):
  • India — Rs 1,789.00 crore (69.0%)

  • International — Rs 802.25 crore (31.0%)

Ion Exchange India Limited Key Management

• Rajesh Sharma — Executive Chairman

• Indraneel Dutt — Managing Director

• Dinesh Sharma — Vice-Chairman

• Aankur Patni — Vice-Chairman

• M. P. Patni — Non-Executive Non-Independent Director

• Vasant Naik — Chief Financial Officer

• Nikisha Solanki — Company Secretary

Latest Updates on Ion Exchange India Limited

• Commissioned a 40 MLD desalination plant in North Africa; two additional large desalination projects (60 MLD and 40 MLD) in advanced execution, strengthening MENA presence.

• Progressed UP Jal Nigam project supporting Har Ghar Jal to expand access to safe drinking water.

• Membrane Division expansion (Goa) Phase 2 underway to double capacity; sustainability actions included solar installation and 85% reduction in diesel via PNG shift at Goa site.

• Greenfield ion exchange resin plant at Roha, Maharashtra in commissioning phase to enhance scale and competitiveness; designed for stringent environmental and safety standards.

• Consumer launches under ZeroB: Power Flow RO with hot/normal water, UV Lite purifier, expanded automatic filters; institutional solutions include MBR-based STPs and Indion Quencher; Auto Quencher robotic glass-bottle system adopted by hospitality.

Digital transformation: SAP One ERP rollout; MarTech and AI-enabled lead automation; IoT/Edge pilots with cloud monitoring to optimise performance and reduce outages.