Ion Exchange Q1 FY27 earnings: Revenue up 20%, PAT crashes 94%
IONEXCHANG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ion Exchange Q1 FY27 consolidated revenue grew 20.1 percent year on year to INR 7,005 Mn. However, operating EBITDA fell 49.3 percent to INR 318 Mn with margins compressing 622 basis points to 4.54 percent, due to legacy EPC contracts, UP project execution delays, new Roha plant costs, and West Asia crisis. PAT crashed 93.6 percent to INR 31 Mn. Order book stands at INR 24,730 Mn with bid pipeline of INR 97,770 Mn. Recently won Hyundai Engineering contract worth USD 52.83 Mn.
Sharp profit decline on margin pressure from legacy projects and new plant costs; strong INR 97,770 Mn pipeline and 20 percent revenue growth offer recovery comfort.