IVP Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2012 • Foundry Chemicals: 100.0%
AI Sector View
AI GENERATEDChemicals
The available domestic chemical proxies are mixed to weak. Fertilizers output was -8.0% YoY (2026-07) and sale quantity of fertilisers was 0.0% YoY (2026-05), although that high-frequency barometer is stale. FPI positioning is less negative than before, with net 3-month outflow only INR -11 crore versus INR -1229 crore in the prior 3 months to 2026-08-31, but the weak sector driver argues for a neutral stance.
PROS
- Company has delivered good profit growth of 32.9% CAGR over last 5 years
- Latest quarter profit grew 1078.2% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.26x)
- Company has delivered good sales growth of 15.5% CAGR over last 5 years
- Stock looks reasonably valued - P/E of 6.6 is below its historical median
- Company generates healthy free cash flow
CONS
- Company has a low return on capital employed of 11.7%
- Contingent liabilities are large at 60.1% of net worth
- Growth is decelerating - 3Y profit CAGR (-12.6%) trails the 5Y trend (32.9%)
- Though reporting repeated profits, the company pays out little dividend (8.3%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SOLARINDS | 21460.00 | 97.52 | 194191.66 | 0.05 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| PIDILITIND | 1630.00 | 62.63 | 165914.39 | 1.32 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| SRF | 2550.15 | 34.97 | 75592.78 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| FLUOROCHEM | 4553.45 | 81.33 | 50019.65 | 0.07 | 219.00 | 19.02 | 1588.00 | 23.97 | 9.58 | 26.83 |
| NAVINFLUOR | 8563.50 | 55.64 | 43937.70 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| GODREJIND | 1162.45 | 33.31 | 39157.25 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| DEEPAKNTR | 1712.30 | 29.82 | 23354.58 | 0.44 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| AETHER | 1626.45 | 91.79 | 21587.52 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| ATUL | 6383.20 | 23.63 | 18793.26 | 0.47 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| AARTIIND | 491.90 | 33.60 | 17842.53 | 0.20 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.95 | 16.00 |
| DEEPAKFERT | 1361.95 | 17.53 | 17250.85 | 0.73 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| IVP | 202.40 | 6.63 | 209.00 | 0.74 | 14.02 | 1078.15 | 154.73 | 11.97 | 13.95 | 13.31 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 140 | 142 | 122 | 142 | 138 | 122 | 129 | 149 | 138 | 147 | 145 | 164 | 155 | |
| 135 | 133 | 117 | 133 | 131 | 116 | 124 | 142 | 134 | 139 | 136 | 151 | 137 | |
| Operating Profit | 5 | 9 | 5 | 9 | 7 | 6 | 5 | 8 | 4 | 8 | 9 | 14 | 18 |
| OPM % | 3.50% | 6.35% | 4.16% | 6.21% | 4.93% | 4.53% | 3.93% | 5.20% | 3.08% | 5.51% | 5.97% | 8.33% | 11.42% |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Interest | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 2 |
| Profit before Tax | 2 | 6 | 2 | 6 | 4 | 3 | 3 | 5 | 2 | 5 | 6 | 12 | 19 |
| Tax % | 29.17% | 24.68% | 28.15% | 26.05% | 22.40% | 30.10% | 27.31% | 25.63% | 30.00% | 24.53% | 25.08% | 25.92% | 25.27% |
| Net Profit | 1 | 5 | 2 | 5 | 3 | 2 | 2 | 4 | 1 | 4 | 5 | 9 | 14 |
| 1.15 | 4.49 | 1.66 | 4.59 | 3.32 | 2.09 | 1.84 | 3.71 | 1.15 | 3.87 | 4.48 | 8.58 | 13.57 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 162 | 270 | 320 | 229 | 290 | 557 | 661 | 546 | 539 | 595 | 611 | |
| 144 | 249 | 311 | 229 | 275 | 522 | 621 | 519 | 514 | 560 | 563 | |
| Operating Profit | 17 | 21 | 9 | -0 | 14 | 35 | 40 | 27 | 25 | 35 | 48 |
| OPM % | 10.80% | 7.71% | 2.93% | -0.03% | 4.96% | 6.27% | 5.98% | 5.00% | 4.59% | 5.81% | 7.87% |
| 1 | 1 | 2 | 2 | 4 | 4 | 16 | 4 | 4 | 4 | 4 | |
| Interest | 0 | 3 | 8 | 10 | 7 | 10 | 12 | 9 | 8 | 7 | 7 |
| Depreciation | 1 | 3 | 3 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
| Profit before Tax | 17 | 16 | 0 | -13 | 7 | 23 | 38 | 17 | 15 | 25 | 42 |
| Tax % | 36.50% | 36.68% | -1107.14% | 32.81% | 32.63% | 24.50% | 26.17% | 26.16% | 25.88% | 25.70% | 25.33% |
| Net Profit | 11 | 10 | 3 | -9 | 4 | 18 | 28 | 12 | 11 | 19 | 32 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 4.35 | 17.07 | 27.13 | 11.89 | 10.95 | 18.08 | — |
| Dividend Payout % | 19.11% | 19.88% | 30.56% | 0.00% | 22.96% | 8.79% | 5.53% | 8.41% | 9.13% | 8.29% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 14%
- 5 Years:
- 15%
- 3 Years:
- -3%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 6%
- 5 Years:
- 33%
- 3 Years:
- -13%
STOCK PRICE CAGR
- 10 Years:
- 6%
- 5 Years:
- 13%
- 3 Years:
- 8%
- 1 Year:
- 25%
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 16%
- 3 Years:
- 10%
- Last Year:
- 13%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| 63 | 71 | 71 | 61 | 65 | 81 | 108 | 119 | 129 | 147 | |
| 14 | 78 | 143 | 99 | 122 | 157 | 120 | 89 | 104 | 65 | |
| Trade Payables | 26 | 63 | 44 | 45 | 100 | 112 | 134 | 105 | 94 | 110 |
| 21 | 49 | 30 | 23 | 27 | 36 | 12 | 46 | 54 | 42 | |
| Total Liabilities | 134 | 271 | 297 | 239 | 325 | 397 | 384 | 370 | 391 | 375 |
| 35 | 41 | 57 | 84 | 79 | 74 | 73 | 71 | 72 | 67 | |
| Capital Work in Progress | 2 | 17 | 26 | 0 | 0 | 0 | 2 | 2 | 0 | 1 |
| 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 27 | 60 | 49 | 30 | 72 | 79 | 92 | 76 | 83 | 74 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171 | 182 | 186 | |
| Cash & Bank | 4 | 3 | 3 | 0 | 2 | 1 | 1 | 2 | 1 | 3 |
| 66 | 149 | 159 | 124 | 171 | 242 | 216 | 47 | 53 | 43 | |
| Total Assets | 134 | 271 | 297 | 239 | 325 | 397 | 384 | 370 | 391 | 375 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | -25 | -25 | 57 | -14 | -20 | 47 | 45 | -2 | 53 | |
| Cash from Investing | -24 | -28 | -28 | -5 | -0 | -3 | 10 | -3 | -5 | -3 |
| Cash from Financing | 7 | 58 | 54 | -54 | 16 | 23 | -51 | -41 | 6 | -48 |
| -11 | -0 | -0 | -3 | 1 | -1 | -0 | 1 | -1 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-31 - IVP Limited has informed the Exchange regarding 'Judgement passed by the Hon ble Bombay High Court in Writ Petition No. 3530 of 2022 filed by the Company'.
2026-08-24 - IVP Limited has informed the Exchange about Investor Presentation
2026-08-06 - IVP Limited has informed the Exchange about Re-appointment of Statutory Auditors at AGM.
2026-08-06 - IVP Limited has informed the Exchange about Re-appointment of Independent Directors at AGM.
2026-08-06 - IVP Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 06, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
2026-08-06 - IVP Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-25 - IVP Limited has informed the Exchange regarding 'Intimation under Regulation 30 of the SEBI (Listing Obligations and DisclosureRequirements), Regulations, 2015 - Update on order passed by office of Estate Officer, Mumbai Port Trust ('MBPT') wherein Hon'ble City Civil Court, Mumbai vide its order dated July 24, 2026 has quashed and set aside the order passed by the Estate officer and has remanded back the matter to the Estate officer for fresh adjudication and disposal on merits in accordance with the law
2026-07-22 - IVP Limited has informed the Exchange regarding 'Communication to Shareholders Intimation of Tax Deduction on Dividend'.
2026-07-14 - IVP Limited has informed the Exchange about Copy of Newspaper Publication towards Notice of 97th Annual General Meeting along with e-voting details.
News
Recent coverage and analyst commentary for IVP
Loading news…
AI Stock Analyst
IVP Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account