IVP Ltd

IVP Ltd

201.85
INR
+4.50
(+2.28%)
30.50EPS
5.19P/E
1.64BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
141.33
158.27
149.5
154.89
261.36
308.73
220.83
279.86
538.08
638.73
528.03
521.18
575.09
591.44
Basic EPS, GAAP
2.39
6.71
10.09
10.47
10.06
3.27
-8.35
4.36
17.07
27.13
11.89
10.95
18.09
30.5
Free Cash Flow per Basic Share
2.01
1.94
9.96
-18.16
-56.3
-52.93
49.68
-14.12
-22.99
33.95
40.52
-7.05
48.33
- -
Dividend per Share
1.5
1
2
2.41
2.41
2.38
1.2
- -
1
1.5
1.5
1
1
- -
Book Value per Share
50.42
53.14
62.85
70.87
78.52
79
69.49
73.31
88.81
114.93
125.52
134.93
152.13
- -
Tangible Book Value per Share
50.42
53.14
62.8
70.69
78.28
78.62
69.18
73.08
88.66
114.8
125.44
133.48
150.95
- -
Basic Weighted Avg Shares
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Sales/Revenue/Turnover
1,459
1,634
1,544
1,599
2,699
3,188
2,280
2,890
5,556
6,596
5,453
5,382
5,939
6,111
Operating Margin (%)
1.94
6.25
9.52
10.41
6.94
3.01
-1.74
4.87
5.69
5.57
4.31
3.91
5.12
7.36
Depreciation Expense
12
12
12
14
26
29
49
51
51
52
55
57
60
61
Net Income, GAAP
25
69
104
108
104
34
-86
45
176
280
123
113
187
315
Effective Tax Rate (%)
41.01
33.75
42.22
36.5
36.68
- -
- -
32.63
24.5
26.17
26.16
25.88
25.7
25.33
Profit Margin (%)
1.69
4.24
6.75
6.76
3.85
1.06
-3.78
1.56
3.17
4.25
2.25
2.1
3.15
5.16
Working Capital
380
410
496
356
164
-92
-209
-104
146
457
574
668
870
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
521
549
649
732
811
816
718
757
917
1,187
1,296
1,393
1,571
- -
Return on Invested Capital (%)
2.9
10.95
12.61
14.44
9.87
- -
- -
4.54
10.89
15.52
7.74
7.05
10.45
- -
Return on Capital (%)
4.7
12.66
17.26
14.41
10.15
- -
- -
4.98
11.26
15.23
8.18
7.38
10.36
- -
Return on Common Equity (%)
4.79
12.96
17.39
15.65
13.47
4.16
-11.24
6.1
21.06
26.64
9.89
8.41
12.6
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
654
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
1,501
1,149
1,635

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,707
- -
Cash, Cash Equivalents & STI
- -
42
- -
Accounts Receivable, Net
- -
1,863
- -
Inventories
- -
739
- -
Total Current Liabilities
- -
1,837
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
654
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.76%
16%
12.75%
Free Cash Flow
-146.89%
-213.7%
-785.58%
Net Income, GAAP
-22.3%
70.36%
65.16%
Sales/Revenue/Turnover
19.14%
20.54%
10.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,383
1,220
1,294
1,494
5,382
2026
1,382
1,470
1,450
1,644
5,939
2027
1,547
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.32
2.09
1.84
3.71
10.95
2026
1.15
3.87
4.48
8.58
18.09
2027
13.57
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -

Company Description

CEO
Mandar P. Joshi
Full Time Employees
202
Sector
Process industries
Industry
Chemicals: specialty
Address
Shashikant Narayan Redij Marg Mumbai MA India 400033
IPO Date
Jun 8, 1995
Business
IVP Limited IVP Limited (IVP.NS), founded in 1929 and headquartered in Mumbai, India, manufactures and distributes specialty chemicals, primarily serving the foundry, composites, insulation, refractories, footwear, flexible packaging, and automotive sectors; its core products include phenolic resins and binders, foundry coatings, water-based coatings for dipping spraying and brushing, cast iron inoculants, polyurethane systems for footwear and adhesives, novolac resins for refractories friction and abrasives, powder resins, insulation resins, fiber-reinforced polymer composites solutions, and refractory additives, with manufacturing facilities in Tarapur and Bangalore boasting a combined annual capacity of approximately 50,000 tonnes and export operations to markets including the US UK and Germany. As an integral part of the Allana Group following its original association with the Tata Group and subsequent diversification from vegetable oils into foundry chemicals where it pioneered production in India through technical collaboration with Ashland USA, the company caters to ferrous and non-ferrous foundries, automotive industries, and industrial applications worldwide. In recent developments, IVP Limited sold its ceramics division in 2007 to streamline operations, modernized and expanded facilities including a new coating plant and shell resin plant at Tarapur, introduced a new polyurethane product, reported fiscal year 2025 revenue of INR 5,426 million with net income of INR 113 million despite a slight decline from prior year, and continues capacity enhancements to support growth in specialty chemicals.