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As of 6 Nov 2026, IVP trades at 5.6× trailing earnings, below the industry P/E of 22.1×, and the shares are 31% below their 52-week high. Sales and net profit fell 3.4% and 13% a year over 3 years, with ROCE of 21% and ROE of 20%. Debt is 0.45× equity, and its dividend yield is 0.9%. It is a small-cap company with a market cap of ₹176 Cr, ranked 133rd of 204 Specialty Chemicals companies by market cap; the shares rose 1.7% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹173.20
Day high
₹174.94
Day low
₹169.90
Prev. close
₹170.81
Volume
9.5K

Health check

1 good · 2 fair · 3 to check
  • ReturnsBehind

    +1.7% over a year, better than 2 of 7 peers.

  • Price tagCheaper

    P/E 5.6 vs industry 22.1.

  • GrowthShrinking

    Sales −3.4%, profit −12.6% a year over 3 years.

  • ProfitabilityAverage

    ROCE 20.5% vs peer median 24.4%.

  • Balance sheetFair

    Debt 0.45× equity, interest covered 4.4×, Piotroski 9 of 9.

  • Red flags1 to check

    31% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹176 Cr, #133 of 204 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹636 Cr · profit ₹32 Cr
Market cap
₹176 Cr
Small cap
P/E
5.6
Industry 22.1
Price to book
1.01
Peers 13.33
Dividend yield
0.88%
ROE
20.2%
Peers 23.0%
ROCE
20.5%
Peers 24.4%
Debt to equity
0.45
Debt ₹79 Cr
EPS (TTM)
₹30.50
Face value ₹10
OPM (TTM)
8.4%
Net margin 5.1%
Sales growth
+12.0%
Latest quarter vs a year ago
Profit growth
+1078.2%
Latest quarter vs a year ago
Price to sales
0.28
EV/EBITDA 4.8

Strengths and risks

Strengths

  • Return on equity of 20.2%.
  • Return on capital employed of 20.5%.
  • Quarterly profit up 1078.2% on a year ago.
  • P/E of 5.6 against an industry P/E of 22.1.

Risks to check

  • 31% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About IVP

IVP Limited engages in the manufacture and distributes chemicals in India. The company offers polyurethane systems for footwear; adhesives for flexible packaging industry; and foundry chemicals, coatings, composites, refractory, powder, and insulation resin products. IVP Limited was incorporated in 1929 and is based in Mumbai, India.

Headquarters
Mumbai
Employees
202
Sector
Basic Materials
ISIN
INE043C01018

Price range

52 weeks

₹110.00₹247.95

Today

₹169.90₹174.94
Avg volume (3M)
23K
1-year return
plus 1.7%
From 52-week high
minus 31.3%

Peers · Specialty Chemicals

Capital-heavy industry columns

Company
ASIANPAINTAsian Paints2,546.00plus 0.88%2,44,02550.535.024.4%18.9%0.211.1%plus 1.5%
SOLARINDSSolar Industries India18,608.00plus 0.48%1,68,38474.464.129.5%27.8%0.2212.4%plus 35.9%
PIDILITINDPidilite Industries1,579.00plus 1.63%1,60,82760.044.428.5%23.5%0.037.4%plus 6.8%
LINDEINDIALinde India6,859.00plus 8.73%58,496118.464.216.3%31.5%0.23–plus 5.4%
BERGEPAINTBerger Paints India478.35minus 5.28%55,77645.429.420.6%15.3%0.154.2%minus 6.0%
FLUOROCHEMGujarat Fluorochemicals4,665.50minus 0.94%51,25175.944.09.6%24.1%0.26−4.5%plus 28.0%
ACUTAASAcutaas Chemicals3,786.60plus 0.42%31,00170.964.127.7%39.4%0.0129.4%plus 105.6%
IVPIVP170.22minus 0.35%1765.66.520.5%8.4%0.42−3.4%plus 1.7%
Median of 7 peers–0.48%58,49670.944.424.4%24.1%0.215.8%6.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
138147145164155
134139136151134
4.38.18.713.720.6
3.1%5.5%6.0%8.3%13.3%
1.10.91.21.11.1
2.12.21.71.41.4
1.51.51.51.51.5
––−0.5––
1.75.36.21218.8
30.0%24.5%25.1%25.9%25.3%
1.244.68.914
1.153.874.488.5813.57

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−3.4%
Profit CAGR 3Y
−12.6%
EPS CAGR 3Y
−12.6%
ROE
20.2%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
660545538594
–minus 17.3%minus 1.3%+10.3%
618516511557
41.92926.836.4
6.4%5.3%5.0%6.1%
2.933.64.3
12.28.77.87.4
5.25.55.76
10.6−1.2−1.6−2.1
3816.615.325.1
26.2%26.2%25.9%25.7%
2812.311.318.7
–minus 56.2%minus 7.9%+65.2%
27.1311.8910.9618.09

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
10.310.310.310.3
108119129147
12089.310465.4
145112104120
384331348342
75.573.370.767.5
2.22.10.31.3
0.11.20.10.1
0.621.13.1
305252275270
384331348342

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
40.645.4−2.552.7
9.9−3.5−4.7−2.6
−50.7−40.66.3−48.1
−0.11.4−0.92.1
−5.6−3.6−4.8−2.8
35.141.8−7.349.9
−1.6−1.6−1−1

Shareholding pattern

Source: NSE filings
71.3%
promoters
  • Promoters71.32%
  • Public28.68%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202671.32%28.68%0.00
30 Jun 202671.32%28.68%0.00
31 Mar 202671.32%28.68%0.00
31 Dec 202571.32%28.68%0.00
30 Sep 202571.32%28.68%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you