IVP Limited

IVP.BO

IVP.BOIVP Limited IN flag

Bombay Stock Exchange

188.40

INR

+2.05

(+1.10%)

10.96EPS

17.19P/E

1.95BMarket Cap

Aug 06Next Earn

Upgrade to Unlock Non-US CompaniesTo view real-time data and analysis of companies outside of the United States, upgrade your account to our premium subscription.

Upgrade

ISIN

INE043C01018

Return %

Stock

S&P500

-2.31

14.32

11.74

59.99

376.96

93.51

Use logarithmic scale

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	TTM
Revenue per Share	145.82	141.33	158.27	149.5	154.89	261.36	308.73	220.83	279.86	538.08	638.73	528.76	522.31	522.65
Basic EPS, GAAP	3.58	2.39	6.71	10.09	10.47	10.06	3.27	-8.35	4.36	17.07	27.13	11.89	10.96	10.97
Free Cash Flow per Basic Share	1.27	2.01	1.94	9.96	-18.16	-56.3	-52.93	49.68	-14.12	-22.99	33.95	40.51	-7.05	- -
Dividend per Share	1.5	1.5	1	2	2.41	2.41	2.38	1.2	- -	1	1.5	1.5	1	- -
Book Value per Share	16.46	17.48	21.28	32.16	40.19	47.84	48.71	39.16	43.16	58.18	84.41	94.93	10.01	10.02
Tangible Book Value per Share	49.25	50.42	53.14	62.8	70.69	78.28	78.62	69.18	73.08	88.66	114.8	125.42	133.57	133.66
Basic Weighted Avg Shares	10	10	10	10	10	10	10	10	10	10	10	10	10	10
Sales/Revenue/Turnover	1,506	1,459	1,634	1,544	1,599	2,699	3,188	2,280	2,890	5,556	6,596	5,461	5,390	5,390
Operating Margin (%)	2.98	1.94	6.25	9.52	10.41	6.94	3.01	-1.74	4.87	5.69	5.57	4.08	3.61	3.61
Depreciation Expense	12	12	12	12	14	26	29	49	51	51	52	55	57	57
Net Income, GAAP	37	25	69	104	108	104	34	-86	45	176	280	123	113	113
Effective Tax Rate (%)	29.08	41.01	33.75	42.22	36.5	36.68	- -	- -	32.63	24.5	26.17	26.16	25.88	25.88
Profit Margin (%)	2.45	1.69	4.24	6.75	6.76	3.85	1.06	-3.78	1.56	3.17	4.25	2.25	2.1	2.1
Working Capital	350	380	410	496	356	164	-92	-209	-104	146	457	574	668	668
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	509	521	549	649	732	811	816	718	757	917	1,187	1,296	1,393	1,393
Return on Invested Capital (%)	5.86	3	11.78	14.12	14.54	9.88	- -	- -	5.31	11.03	11.52	7.55	6.41	6.41
Return on Capital (%)	19.57	12.02	30.3	36.09	24.7	13.67	- -	- -	6	13.11	17.5	9.49	11.31	11.31
Return on Common Equity (%)	22.79	14.05	34.61	37.74	28.93	22.86	6.78	-19	10.59	33.69	38.06	13.26	20.87	20.87

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	17.57%	23.84%	-1.3%
Net Income, GAAP	-23.78%	26.89%	-7.9%
Free Cash Flow	-27.09%	-82.27%	-117.4%
Total Cash Common Dividend	- -	- -	-33.55%
Total Equity	10.32%	14.55%	7.49%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

CEO: Mandar Prabhakar Joshi
Full Time Employees: 208
Sector: Basic Materials
Industry: Chemicals - Specialty
Address: Shashikant Narayan Redij Marg Mumbai India 400033
IPO Date: Oct 21, 2004
Website: ivpindia.com
Similar Companies: Nippon Carbon Co., Ltd. (NCRBF)
HydroGraph Clean Power Inc. (HG.CN)
Cherng Tay Technology Co., Ltd. (4767.TWO)
C-Bond Systems, Inc. (CBNT)
Mitsui Chemicals, Inc. (4183.T)
Panda Financial Holding Corp., Ltd. (600599.SS)
Business: IVP Limited manufactures and sells foundry chemicals in India. The company offers resins/binders, foundry coatings, and other allied products for applications in various fields, such as foundries, composites, insulation, and refractory, as well as ferrous and non-ferrous foundries. It also provides polyurethane systems for use in footwear and flexible packaging industry, as well as composite, insulation, and refractory resins. The company also exports its products. IVP Limited was incorporated in 1929 and is headquartered in Mumbai, India.

	Sep'25	Dec'25	Mar'25
Total Current Assets	2,535	- -	2,732
Accounts Receivable, Net	1,614	- -	1,822
Cash, Cash Equivalents & STI	12	- -	12
Inventories	847	- -	835
Total Current Liabilities	1,930	- -	2,064
Payables & Accruals	- -	- -	- -
ST Debt	977	- -	1,044
Deferred Revenue	- -	- -	- -

	Sep'25	Dec'25	Mar'25
ST Debt	977	- -	1,044
LT Borrowings	- -	- -	- -
LT Finance Leases	- -	- -	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	10	- -	10
Market Capitalization	2,219	2,171	1,489

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	TTM
Revenue per Share	145.82	141.33	158.27	149.5	154.89	261.36	308.73	220.83	279.86	538.08	638.73	528.76	522.31	522.65
Basic EPS, GAAP	3.58	2.39	6.71	10.09	10.47	10.06	3.27	-8.35	4.36	17.07	27.13	11.89	10.96	10.97
Free Cash Flow per Basic Share	1.27	2.01	1.94	9.96	-18.16	-56.3	-52.93	49.68	-14.12	-22.99	33.95	40.51	-7.05	- -
Dividend per Share	1.5	1.5	1	2	2.41	2.41	2.38	1.2	- -	1	1.5	1.5	1	- -
Book Value per Share	16.46	17.48	21.28	32.16	40.19	47.84	48.71	39.16	43.16	58.18	84.41	94.93	10.01	10.02
Tangible Book Value per Share	49.25	50.42	53.14	62.8	70.69	78.28	78.62	69.18	73.08	88.66	114.8	125.42	133.57	133.66
Basic Weighted Avg Shares	10	10	10	10	10	10	10	10	10	10	10	10	10	10
Sales/Revenue/Turnover	1,506	1,459	1,634	1,544	1,599	2,699	3,188	2,280	2,890	5,556	6,596	5,461	5,390	5,390
Operating Margin (%)	2.98	1.94	6.25	9.52	10.41	6.94	3.01	-1.74	4.87	5.69	5.57	4.08	3.61	3.61
Depreciation Expense	12	12	12	12	14	26	29	49	51	51	52	55	57	57
Net Income, GAAP	37	25	69	104	108	104	34	-86	45	176	280	123	113	113
Effective Tax Rate (%)	29.08	41.01	33.75	42.22	36.5	36.68	- -	- -	32.63	24.5	26.17	26.16	25.88	25.88
Profit Margin (%)	2.45	1.69	4.24	6.75	6.76	3.85	1.06	-3.78	1.56	3.17	4.25	2.25	2.1	2.1
Working Capital	350	380	410	496	356	164	-92	-209	-104	146	457	574	668	668
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	509	521	549	649	732	811	816	718	757	917	1,187	1,296	1,393	1,393
Return on Invested Capital (%)	5.86	3	11.78	14.12	14.54	9.88	- -	- -	5.31	11.03	11.52	7.55	6.41	6.41
Return on Capital (%)	19.57	12.02	30.3	36.09	24.7	13.67	- -	- -	6	13.11	17.5	9.49	11.31	11.31
Return on Common Equity (%)	22.79	14.05	34.61	37.74	28.93	22.86	6.78	-19	10.59	33.69	38.06	13.26	20.87	20.87

Year	Q1	Q2	Q3	Q4	FY
2023	3.38	5.53	9.94	- -	27.13
2024	1.15	4.49	1.66	- -	11.89
2025	3.32	2.09	1.84	- -	10.96

Year	Q1	Q2	Q3	Q4	FY
2023	1,622	1,672	1,561	1,741	6,596
2024	1,396	1,420	1,223	1,414	5,461
2025	1,383	1,220	1,294	1,494	5,390

IVP Limited

Growth Rates

(avg. rate of change)

Company Description

Growth Rates

(avg. rate of change)

Working Capital

Capital Structure

Quarterly Dividends Per Share

Year

Quarterly Earnings Per Share

Year

Quarterly Revenue

Year