Comparison · NSE · data 2026-10-31
Ion Exchange (India) Ltd. vs Shakti Pumps (India) Limited
In plain words
Size: Ion Exchange (India) Ltd. is about 1.1 times the market value of Shakti Pumps (India) Limited.
Valuation (P/E): Ion Exchange (India) Ltd. 40.9 vs Shakti Pumps (India) Limited 27.3.
Return on equity: Shakti Pumps (India) Limited 18% vs Ion Exchange (India) Ltd. 11.2%.
Profit growth over 3 years: Shakti Pumps (India) Limited 120.2% a year vs Ion Exchange (India) Ltd. -10.2% a year.
Debt to equity: Ion Exchange (India) Ltd. 0.36 vs Shakti Pumps (India) Limited 0.3.
Differences in the numbers, not a recommendation of either stock.
Side by side
| IONEXCHANG | SHAKTIPUMP | |
|---|---|---|
| Price | ₹338.4 | ₹353.65 |
| Market cap | ₹4,961 cr | ₹4,361 cr |
| P/E | 40.9 | 27.3 |
| P/B | — | 2.4 |
| ROE | 11.2% | 18.0% |
| ROCE | 9.5% | 25.6% |
| Debt / equity | 0.36 | 0.3 |
| Operating margin | 3.5% | 8.6% |
| Dividend yield | 0.37% | 0.28% |
| Sales growth, 3 years (yearly) | 13.6% | 40.8% |
| Profit growth, 3 years (yearly) | -10.2% | 120.2% |
| 1-year return | -15.0% | -56.6% |
| Revenue, last 12 months | ₹3,032 cr | ₹3,013 cr |
| Net profit, last 12 months | ₹98 cr | ₹160 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹4 cr | ₹39 cr |
| Quarter profit vs a year earlier | -91.6% | -57.5% |
| Promoter holding | 25.08% | 50.40% |
| Health check | Weak (3.8/10) | Average (5.7/10) |
Common questions
Which has a higher P/E, Ion Exchange (India) Ltd. or Shakti Pumps (India) Limited?
Ion Exchange (India) Ltd. trades at the higher P/E (40.9 against 27.3). 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?
Shakti Pumps (India) Limited (18.0% against 11.2%).
Which carries more debt?
Ion Exchange (India) Ltd. has the higher debt-to-equity ratio (0.36 against 0.3).