IVP Ltd

NSE: IVP · Specialty Chemicals · sector

₹189.87NSE close 2026-10-26

Key numbers

Market cap₹196 cr

Price₹189.87

52w high / low₹248 / ₹110

P/E6.2xSector median 22.6x

P/B1.2xSector median 2.6x

Book value₹152.1

Dividend yield0.52%Sector median 0.60%

ROE21.3%Sector median 10.6%

ROCE21.9%Sector median 12.9%

OPM8.3%Sector median 12.1%

Debt / equity0.42xSector median 0.18x

EV/EBITDA5.1xSector median 15.1x

Interest cover7.4x

Current ratio1.47x

Sales growth 3y-3.5%Sector median +5.0%

Profit growth 3y-12.6%Sector median +0.9%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 107 companies in Specialty Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹3 cr vs borrowings ₹65 cr (FY26): borrowings are higher by ₹62 cr.
Operating profit covered interest 7.4x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 2 of the last 5 years (FY25, FY22).
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 14% of net profit in the last 12 months.
Dividend paid in 5 of the last 5 financial years.
Price ₹189.87 on 2026-10-26: -23.4% from the 52-week high, +72.6% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹244.56 · low ₹122.56

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	122	129	149	138	147	145	164	155
EBITDA	6	5	8	4	8	8	14	21
OPM %	4.5%	3.9%	5.2%	3.1%	5.5%	5.6%	8.3%	13.3%
Other income	1	1	1	1	1	1	1	1
Net profit	2	2	4	1	4	5	9	14
EPS (₹)	2.09	1.84	3.71	1.15	3.87	4.48	8.58	13.57
Revenue YoY					+20.4%	+12.1%	+10.1%	+12.0%
Profit YoY					+85.2%	+145.0%	+131.3%	+1,078.2%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	557	661	546	539	595	611
EBITDA	35	53	28	25	34	51
Net profit	18	28	12	11	19	32
EPS (₹)	17.07	27.13	11.89	10.96	18.09	30.50
Revenue growth		+18.8%	-17.4%	-1.3%	+10.3%	+13.4%
Profit growth		+58.9%	-56.2%	-7.9%	+65.2%	+247.4%
Dividend / share (₹)	1.00	1.50	1.50	1.00	1.00

Compounded growth	3 years	5 years	Last 12 months
Sales	-3.5%	+15.5%	+13.4%
Net profit	-12.6%	+32.9%	+247.4%
EPS	-12.6%	+33.0%	–
Share price	–	-1.9% (2y)	+25.3%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	119	130	139	157
Borrowings	–	120	89	104	65
Cash & equivalents	–	1	2	1	3
Total assets	–	384	331	348	342
Fixed assets	–	73	71	70	66
Capital work in progress	–	2	2	0	1
Investments	–	0	0	0	0
Receivables	–	208	171	182	186
Inventory	–	92	76	83	74
Payables	–	134	105	94	110

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-21	41	45	-2	53
Cash from investing	-3	10	-3	-5	-3
Cash from financing	23	-51	-41	6	-48
Capex	3	6	4	5	3
Free cash flow	-24	35	42	-7	50

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	23.6%	9.5%	8.1%	11.9%
ROCE %	–	21.1%	11.6%	9.5%	14.6%
Debtor days	–	115	115	123	114
Inventory days	–	61	63	70	57
Payable days	–	89	86	79	85
Cash conversion cycle (days)	–	87	92	114	86
Working capital days	–	25	38	45	53

Shareholding

Holder	% (2026-09-30)
Promoters	71.32%
FIIs	0.04%
DIIs	0.02%
Public (non-institutions)	28.62%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	71.32%	71.32%	71.32%	71.32%	71.32%	71.32%	71.32%	71.32%

Promoter group	%
Allana Exports Private Limited	34.31%
Allana Cold Storage Private Limited	8.63%
Anjaneya Cold Storage Private Limited	6.42%
Allana Pharmachem Private Limited	4.41%
Allana Feroz Abdul Razak	2.13%
Allana Shiraz Abdul Razak	2.13%
Faisal Feroz Allana	1.76%
Isa Shiraz Allana	1.36%
Allana Services Private Limited	1.05%
Allana Frozen Foods Private Limited	1.04%
Irfan A.R. Allana	1.04%
Millwala Farzin Allana Feroz	0.93%
Aysha Shiraz Allana	0.77%
Maryam Feroz Allana	0.77%
Frigorifico Allana Private Limited	0.63%

6,903 shareholders. Pledged: 0.00% of promoter shares.

Peers in Specialty Chemicals

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
PIDILITIND	₹1,50,431 cr	56.8x	13.9x	25.7%	33.4%	24.5%	+7.4%	1.01%
FLUOROCHEM	₹46,168 cr	75.4x	5.9x	8.1%	10.0%	25.6%	-4.2%	0.07%
NAVINFLUOR	₹39,306 cr	49.7x	9.9x	23.9%	22.2%	33.7%	+16.8%	0.18%
DEEPAKNTR	₹19,676 cr	25.1x	3.4x	14.0%	15.3%	15.4%	-0.4%	0.52%
AETHER	₹19,529 cr	82.8x	8.0x	10.1%	11.4%	30.9%	+21.2%	–
ATUL	₹15,762 cr	19.8x	2.5x	11.9%	16.9%	17.9%	+7.9%	0.47%
AARTIIND	₹15,539 cr	29.3x	2.6x	9.2%	8.0%	14.9%	+7.8%	0.24%
FINEORG	₹15,328 cr	35.0x	5.8x	17.7%	21.3%	21.7%	-7.8%	0.22%
BASF	₹13,174 cr	20.5x	3.3x	16.9%	22.0%	5.9%	+3.1%	0.66%
IVP	₹196 cr	6.2x	1.2x	21.3%	21.9%	8.3%	-3.5%	0.52%

All 107 companies in Specialty Chemicals →

Dividends & corporate actions

Ex-date	Action	Detail
2026-07-30	Dividend	Dividend - Rs 1.50 Per Sh
2025-07-24	Dividend	Dividend - Re 1 Per Share
2024-08-01	Dividend	Annual General Meeting/Dividend - Re 1 Per Share
2023-08-03	Dividend	Annual General Meeting/Dividend - Rs 1.50 Per Share
2022-07-20	Dividend	Annual General Meeting/Dividend - Rs 1.50 Per Share
2021-07-19	Dividend	Annual General Meeting/Dividend - Re 1 Per Share
2020-09-07	Other	Annual General Meeting
2019-07-31	Dividend	Annual General Meeting/Dividend - Re 1 Per Share
2018-08-01	Dividend	Annual General Meeting/Dividend- Rs 2 Per Share
2017-08-03	Dividend	Annual General Meeting/Dividend - Rs 2/- Per Share
2016-08-04	Dividend	Annual General Meeting/ Dividend - Rs 2/- Per Share
2015-07-30	Dividend	Annual General Meeting/Dividend - Rs 2/- Per Share
2014-07-31	Dividend	Annual General Meeting / Dividend - Re 1/- Per Share
2013-08-01	Dividend	Annual General Meeting/Dividend Rs 1.50/- Per Share
2012-07-05	Dividend	Dividend-Rs.1.50 Per Share
2011-07-14	Dividend	Dividend-Rs.1.50 Per Share
2010-07-15	Dividend	Dividend-Re.1/- Per Share
2009-07-16	Dividend	Dividend-Re.1/- Per Share
2008-07-17	Dividend	Agm/Dividend - 10%
2007-07-19	Other	Agm

Documents

Links go to the original files on the exchange website.

About the company


Sector	Commodities
Industry	Specialty Chemicals
Sub-industry	Specialty Chemicals
Symbol	IVP
BSE code	507580
ISIN	INE043C01018
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.