Ion Exchange (India) (BOM:500214) ROCE %: 2.45% (As of Mar. 2026)


BOM:500214 Ion Exchange (India) Ltd BOM:500214
76 GF Score
Price ₹418.55
GF Value ₹648.02
Valuation Possible Value Trap
! 9 Warning Signs
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What is Ion Exchange (India) ROCE %?

Ion Exchange (India) BOM:500214 +0.49% 76 ROCE % is 2.45% as of Mar. 2026. GuruFocus rates BOM:500214 with a GF Score™ of 76/100 and a GF Value™ of ₹648.02 (Possible Value Trap). The stock has 9 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Ion Exchange (India)'s annualized ROCE % for the quarter that ended in Mar. 2026 was 2.45%.

Ion Exchange (India)  (BOM:500214) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Ion Exchange (India) ROCE % Related Terms

Ion Exchange (India) ROCE % Historical Data

* Premium members only.

The historical data trend for Ion Exchange (India)'s ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ion Exchange (India) ROCE % Chart

Ion Exchange (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.38 33.58 26.85 22.07 13.33

Ion Exchange (India) Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.43 11.60 8.12 5.84 2.45
BOM:500214
76GF Score
Ion Exchange (India) Ltd BOM:500214
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ion Exchange (India) ROCE % Calculation

Ion Exchange (India)'s annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2189.4/( ( (29869.247 - 14681.497) + (33799.3 - 16134.2) )/ 2 )
=2189.4/( (15187.75+17665.1)/ 2 )
=2189.4/16426.425
=13.33 %

Ion Exchange (India)'s ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=432.7/( ( (29869.247 - 14681.497) + (33799.3 - 16134.2) )/ 2 )
=432.7/( ( 15187.75 + 17665.1 )/ 2 )
=432.7/16426.425
=2.63 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 2.45% mean?
Ion Exchange (India) (BOM:500214) has a ROCE % of 2.45% as of Mar. 2026.
Is Ion Exchange (India)'s ROCE % too high?
Ion Exchange (India)'s current ROCE % is 2.45%. The Industrial Products industry median ROCE % is 7.05. Ion Exchange (India)'s value of 2.45% is 65.2% below this industry median. Overall, Ion Exchange (India) has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ion Exchange (India)'s ROCE % compare to VLTO and ZWS?
Ion Exchange (India)'s ROCE % of 2.45% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.05. Ion Exchange (India)'s value of 2.45% is 65.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.05, based on 3,021 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ion Exchange (India)'s current ROCE % of 2.45% is 65.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ion Exchange (India)'s current ROCE % is 2.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Exchange (India) stock overvalued right now?
Based on GuruFocus' analysis, Ion Exchange (India) (BOM:500214) is currently considered Possible Value Trap. The stock's GF Value™ is ₹648.02, compared to a current price of ₹418.55 — trading 35.4% below its estimated fair value. The current ROCE % is 2.45% and 65.2% below the Industrial Products industry median of 7.05. Ion Exchange (India)'s overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Ion Exchange (India) (BOM:500214), the current ROCE % is 2.45% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ion Exchange (India) (BOM:500214) Overvalued in 2026?

Based on GuruFocus' analysis, Ion Exchange (India) stock appears to be undervalued. The current stock price of ₹418.55 is trading 35.4% below its estimated GF Value™ of ₹648.02. GuruFocus considers Ion Exchange (India) to be Possible Value Trap.

Key valuation signals for BOM:500214:

  • ROCE %: 2.45%
  • GF Value™: ₹648.02 vs. price of ₹418.55 (35.4% below fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 65.2% below the Industrial Products median

No single metric tells the full story. See the BOM:500214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ion Exchange (India) Business Description

Other Exchanges IONEXCHANG:India
Address Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011
Ion Exchange (India) Ltd offers a wide range of solutions across the water cycle from pre-treatment to process water treatment, wastewater treatment, recycling, zero liquid discharge, sewage treatment, packaged drinking water, seawater desalination, etc. It also engaged in manufacturing resins, and specialty chemicals for water and wastewater treatment as well as non-water applications. It operates its business through the Engineering segment, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. It caters to both domestic and international markets.
76GF Score

Get the complete analysis for BOM:500214

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹418.55
Price
₹648.02
GF Value