ION Exchange (India) Limited — Investor Meet, 29-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Ion Exchange reported Q4 FY26 consolidated revenue of 863.3 Cr (+3.4% YoY), but saw EBITDA drop to 19.9 Cr (2.31% margin) and PAT to 24.3 Cr (2.81% margin). For the full year FY26, revenue hit 2914.8 Cr (+6.5% YoY), yet EBITDA stood at 210.2 Cr (7.21% margin) and PAT at 143.2 Cr (4.91% margin), both down significantly YoY due to input costs and West Asia logistics. The total orderbook is strong at ~2643.3 Cr, with a bid pipeline of ~9509 Cr. Key projects like Oman DBOOT (1730 Cr) are on schedule, and new tech collaborations signal future growth opportunities despite current margin pressures. Management is focused on execution and market expansion.