Fin Cascade
Get Android appGet iOS app

Prices as of 8 Oct 2026 close · Not investment advice

IVP Limited

NSE: IVPSpecialty ChemicalsTrade-to-trade true

Share price

₹220.34

-3.04% close of 8 Oct 2026

Market cap ₹220 CrP/E 6.9

Business score

How strong the business is, in one number. The parts behind it are in Pro.

63

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹220 Cr

P/E ratio

6.9

P/B ratio

1.4

ROCE

14.1%

ROE

12.8%

Dividend yield

0.7%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹230.8152-week low ₹111.87

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 13.4% over the past year, and 12.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 6.2% to 8.3% over the last four years.

Whether it grew faster than its sector

It grew 12.8% a year against a sector median of 10.2% — 2.6 percentage points faster.

Room to re-rate, or risk of de-rating

At 6.9× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 27.0×, across 5 companies. It is against its own five-year median of 10.2×, the 17th percentile of its own range.

Whether growth justifies the valuation

Priced at 6.9 times its growth rate, on earnings growth of 1%.

Profit growthPrice per ₹1 profitPer 1% growth
IVP Limited — this one1%/yr6.9×₹6.9
Deepak Nitrite Limited-13%/yr27.0×—
Atul Limited9%/yr21.6×₹2.4
Aarti Industries Limited-9%/yr33.2×—
Fine Organic Industries Limited-13%/yr36.9×—
BASF India Limited—23.3×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Specialty Chemicals), it ranks 29 of 73 on returns, 30 of 72 on growth, 60 of 73 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 14.1% on capital, ahead of 60% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹116 crore of cash from the business, spent ₹20 crore on plant and equipment, and returned ₹111 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 102 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 9 days for its cash to waiting 53 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 6 Aug 2026 · Standalone · Unaudited

Revenue

₹155 Cr

Revenue vs last year

+12.0%

Revenue vs last quarter

-5.9%

Net profit

₹14 Cr

Profit vs last year

+1078.2%

Profit vs last quarter

+58.2%

Net margin

9.1%

EPS

₹13.57

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹220 Cr
Prev close
₹220.34
52w High
₹233
52w Low
₹110
Enterprise value
₹282 Cr
Beta
1.1
Price CAGR 1y
36.0%
Price CAGR 3y
12.0%
Price CAGR 5y
14.0%
Price CAGR 10y
6.0%

Ratios

Return on assets
5.5%
PEG ratio
7.2
P/E ratio
6.9
P/B ratio
1.4
EV / EBITDA
5.4
Industry P/E
32.7
ROCE
14.1%
ROCE 5y average
13.0%
ROE
12.8%
Debt / Equity
0.4
Interest coverage
4.6
Dividend yield
0.7%
ROE 3y average
10.0%
ROE last year
13.0%

Annual P&L

Annual revenue
₹595 Cr
Annual profit
₹19 Cr
Operating margin
6.0%
Net profit margin
3.2%
EBITDA margin
5.9%
Sales growth 3y
-3.4%
Sales growth 5y
15.5%
Profit growth 3y
1.0%
Profit growth 5y
33.0%
EPS
₹18.1
Sales growth TTM
13.0%
Profit growth TTM
251.0%
Dividend payout
8.0%

Quarter P&L

Sales latest quarter
₹155 Cr
Profit latest quarter
₹14 Cr
YoY quarterly sales growth
12.0%
YoY quarterly profit growth
1300.0%
OPM latest quarter
13.3%

Balance Sheet

Book Value
₹157
Face Value
₹10.0
Total debt
₹65 Cr
Total cash
₹3 Cr
Borrowings
₹65 Cr
Reserves / Equity
14.7

Cash Flow

Operating cash flow
₹53 Cr
Free cash flow
₹50 Cr
FCF yield
19.3%
Net cash flow
₹2 Cr

Shareholding

Promoter holding
71.3%
FII holding
0.0%
DII holding
0.0%
Public holding
28.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Pidilite Inds.1,488.5057.21,51,6100.77883.528.24,551.621.331.0
Gujarat Fluoroch4,555.9081.050,0470.07219.021.41,588.024.09.6
Navin Fluo.Intl.8,490.0054.843,5660.18243.3107.71,045.144.121.0
Aether Industri.1,787.6098.923,7270.0062.828.0326.627.311.9
Deepak Nitrite1,553.9026.821,1940.48345.0207.52,577.636.411.4
Aarti Industries491.2534.117,8200.20155.0256.52,387.042.56.9
Atul5,999.5022.217,6640.50253.992.01,848.025.014.9
IVP227.257.42350.6614.01078.2154.712.014.1
Median367.3029.71,1020.2413.552.2175.326.413.8

Competes with: Aarti Industries Limited, Aether Industries Limited, Atul Limited, BASF India Limited, Deepak Nitrite Limited, Gujarat Fluorochemicals Limited, Navin Fluorine International Limited, Pidilite Industries

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales140142122142138122129149138147145164155
Expenses135133117133131116124142134139136151134
Material Cost118113117108126130
Change in Inventories1.37-0.130.375.922.22-18
Purchases of Stock-in-Trade00.070000
Employee Cost5.175.485.426.056.126.25
Other Expenses171616171716
Operating Profit595976584891421
OPM %3.506.354.166.214.934.533.935.203.085.515.978.3313
Other Income1111111111111
Exceptional items (within Other Income)000-0.4600
Interest3222222222211
Depreciation1111111122212
Profit before tax262643352561219
Tax %29252826223027263025252625
Net Profit15253224145914
EPS in Rs1.154.491.664.593.322.091.833.711.153.874.488.5814
Diluted EPS in Rs3.710008.580

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales163155161270320229290557661546539595611
Expenses153140144249310229273521621518514560560
Material Cost436463
Change in Inventories-3.758.38
Purchases of Stock-in-Trade0.930.07
Employee Cost2223
Other Expenses5965
Operating Profit111517219-016354028253551
OPM %791182.90-066654.7068
Other Income15112223163444
Exceptional items (within Other Income)0-0.46
Interest100381071012987.377
Depreciation11133555565.736.016
Profit before tax101817160-137233817152542
Tax %34423637-1,107-33332426262626
Net Profit71011103-94182812111932
EPS in Rs6.711010103.27-8.354.36172712111831
Diluted EPS in Rs1118
Dividend Payout %302019203102396898

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
14%
5 years
15%
3 years
-3%
TTM
13%

Compounded profit growth

10 years
9%
5 years
33%
3 years
1%
TTM
251%

Stock price CAGR

10 years
6%
5 years
14%
3 years
12%
1 year
36%

Return on equity

10 years
10%
5 years
13%
3 years
10%
Last year
13%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101010101010101010101010
Reserves4552637171616581108119129147
Borrowings401478143991221571208910465
Other Liabilities344247885049106122147114106122
Total Liabilities93105134247275220304371385333350344
Fixed Assets151635415984797773717267
CWIP01217260002201
Investments000000000000
Other Assets788896188189136224293310260278275
Total Assets93105134247275220304371385333348342

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5155-30-2756-14-214145-253
Cash from Investing Activity-30-24-28-28-5-0-310-3-5-3
Cash from Financing Activity-2-775854-541623-51-416-48
Net Cash Flow08-11-0-0-31-1-01-12
Free Cash Flow215-19-58-5551-15-243542-750

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days135131135144140147175137115115123114
Inventory Days32638010368621186362647259
Days Payable44697810961911628989867985
Cash Conversion Cycle123126137138147118131110889211688
Working Capital Days84877217-14-34-15926384653
ROCE %192423165-171515111014

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters717171717171717171717171
FIIs0.010.0400.0100000000
DIIs0.020.020.020.020.020.020.020.020.020.020.020.02
Public292929292929292929292929
No. of Shareholders5,1137,0376,8377,3137,4287,4117,2927,1997,0957,0726,9616,912

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +32.6% (₹166.20 → ₹220.34)Brick size ₹9.34 (fixed)Bricks 22
₹150₹200₹220Dec '25Apr '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹220.34 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

61.76inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about IVP Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Depends on the price of

  • fuel

Sells to

  • Ferrous and non-ferrous foundries (India) · foundry binders (resins), mould & core coatings and allied foundry additives
  • Flexible packaging film laminators (India) · PU laminating adhesives, solvent-less and solvent-based two-component and one-component sy…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Chemicals
Industry
Specialty Chemicals
Classification
Chemicals › Specialty Chemicals
ISIN
INE043C01018

Plants

  • Bengaluru Manufacturing Facility · Bengaluru, Karnataka
  • Tarapur Manufacturing Facility · Tarapur, Maharashtra

News impact

Big market events that reach IVP Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

30 Jul 2026unspecified₹1.5
24 Jul 2025unspecified₹1
1 Aug 2024unspecified₹1
3 Aug 2023unspecified₹1.5
20 Jul 2022unspecified₹1.5
19 Jul 2021unspecified₹1
31 Jul 2019unspecified₹1
1 Aug 2018unspecified₹2

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
6 Jul 2026INDRA KIRAN VENTURESBUY93,802₹193.10
6 Jul 2026INDRA KIRAN VENTURESSELL62,070₹192.64

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.