Comparison · NSE · data 2026-11-02
Ion Exchange (India) Ltd. vs Saatvik Green Energy Ltd.
In plain words
Size: Ion Exchange (India) Ltd. is about 1.1 times the market value of Saatvik Green Energy Ltd..
Valuation (P/E): Ion Exchange (India) Ltd. 41.9 vs Saatvik Green Energy Ltd. 17.9.
Return on equity: Saatvik Green Energy Ltd. 42.1% vs Ion Exchange (India) Ltd. 11.2%.
Profit growth over 3 years: Saatvik Green Energy Ltd. 322.3% a year vs Ion Exchange (India) Ltd. -10.2% a year.
Debt to equity: Saatvik Green Energy Ltd. 0.69 vs Ion Exchange (India) Ltd. 0.36.
Differences in the numbers, not a recommendation of either stock.
Side by side
| IONEXCHANG | SAATVIKGL | |
|---|---|---|
| Price | ₹346.8 | ₹350.05 |
| Market cap | ₹4,961 cr | ₹4,378 cr |
| P/E | 41.9 | 17.9 |
| P/B | — | — |
| ROE | 11.2% | 42.1% |
| ROCE | 9.5% | 47.7% |
| Debt / equity | 0.36 | 0.69 |
| Operating margin | 3.5% | 8.2% |
| Dividend yield | 0.37% | 0.00% |
| Sales growth, 3 years (yearly) | 13.6% | 95.5% |
| Profit growth, 3 years (yearly) | -10.2% | 322.3% |
| 1-year return | -14.4% | -30.3% |
| Revenue, last 12 months | ₹3,032 cr | ₹4,144 cr |
| Net profit, last 12 months | ₹98 cr | ₹248 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹4 cr | ₹6 cr |
| Quarter profit vs a year earlier | -91.6% | -95.4% |
| Promoter holding | 25.08% | 75.99% |
| Health check | Weak (3.8/10) | Strong (6.6/10) |
Common questions
Which has a higher P/E, Ion Exchange (India) Ltd. or Saatvik Green Energy Ltd.?
Ion Exchange (India) Ltd. trades at the higher P/E (41.9 against 17.9). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Saatvik Green Energy Ltd. (42.1% against 11.2%).
Which carries more debt?
Saatvik Green Energy Ltd. has the higher debt-to-equity ratio (0.69 against 0.36).