IVP

Who are the top shareholders of the IVP?

The top shareholder of IVP is Allana Exports Private Limited, holding 34.31% of the shares, with Brijwasi Securities Private Limited as the highest public shareholder at 1.45%. Individual investors collectively own 23.3% of the shares, and there are no pledged promoter holdings or mutual fund/FII investments.

The top shareholders of IVP include Allana Exports Private Limited, which holds the largest stake at 34.31%. The company has no pledged promoter holdings and is not held by any mutual funds or foreign institutional investors (FIIs). The highest public shareholder is Brijwasi Securities Private Limited, with a holding of 1.45%. Additionally, individual investors collectively hold 23.3% of the shares.

What does IVP do?

IVP Ltd is a Micro Cap manufacturer of vanaspati, vegetable oils, plasticisers, spark plugs, and foundry chemicals, with net sales of 149 Cr and a net profit of 4 Cr for the quarter ending March 2025. The company, incorporated in 1929 and acquired by the Atlanta Group in 1985, has a market cap of Rs 197 Cr and key metrics including a P/E of 17.00 and a dividend yield of 0.52%.

Overview:<BR>IVP Ltd is a manufacturer of vanaspati, vegetable oils, plasticisers, spark plugs, and foundry chemicals, operating in the Commodity Chemicals industry and classified as a Micro Cap company.<BR><BR>History:<BR>Incorporated in 1929, IVP Ltd was originally known as Indian Vegetable Products and was taken over by the Atlanta Group in 1985. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 149 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 197 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 47<BR>- Dividend Yield: 0.52%<BR>- Debt-Equity: 0.74<BR>- Return on Equity: 8.12%<BR>- Price to Book: 1.42<BR><BR>Contact Details:<BR>Address: Shashikant N Redij Marg, Ghorupdeo Mumbai Maharashtra : 400033 <BR>Phone: 91-22-62488400/23787300 <BR>Email: ivpsecretarial@ivpindia.com <BR>Website: http://www.ivpindia.com

Has IVP declared dividend?

IVP Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of August 1, 2024. While recent short-term returns have been negative, the company has shown strong total returns over longer periods, particularly a total return of 374.82% over the past 5 years.

IVP Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 01 Aug 24<BR><BR>Dividend Yield: 0.52%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -15.18%, the dividend return was 0%, resulting in a total return of -15.18%.<BR><BR>Over the past year, the price return was 16.83%, the dividend return was 0.62%, leading to a total return of 17.45%.<BR><BR>In the 2-year period, the price return was 9.32%, the dividend return was 1.44%, culminating in a total return of 10.76%.<BR><BR>For the 3-year period, the price return was 19.35%, the dividend return was 2.73%, which resulted in a total return of 22.08%.<BR><BR>In the 4-year period, the price return was 51.35%, the dividend return was 3.76%, giving a total return of 55.11%.<BR><BR>Finally, over the past 5 years, the price return was 361.38%, the dividend return was 13.44%, leading to a remarkable total return of 374.82%.<BR><BR>Overall, IVP Ltd has declared a dividend, and while the recent short-term returns have been negative, the longer-term performance shows significant positive total returns, particularly over the 5-year period.

Who are the peers of the IVP?

IVP's peers include Tata Chemicals, Chemplast Sanmar, GHCL, India Glycols, Fischer Medical, ZRZ Bioenergy, Archit Organosys, Polychem, Shreyas Interm., and Sh. Hari Chem. Management risks vary from excellent at GHCL to below average at several others, with IVP showing good growth and a 1-year return of 8.83%.

Peers: The peers of IVP are Tata Chemicals, Chemplast Sanmar, GHCL, India Glycols, Fischer Medical, ZRZ Bioenergy, Archit Organosys, Polychem, Shreyas Interm., and Sh. Hari Chem.<BR><BR>Quality Snapshot: Excellent management risk is observed at GHCL, while Good management risk is found at Chemplast Sanmar. Average management risk is present at Tata Chemicals, India Glycols, and IVP, while Below Average management risk is noted at Fischer Medical, ZRZ Bioenergy, Archit Organosys, and Sh. Hari Chem. Growth is rated as Good for IVP, Archit Organosys, and GHCL, while Below Average growth is seen at Tata Chemicals, Chemplast Sanmar, India Glycols, Polychem, and the rest. Capital Structure is Excellent at GHCL, Good at Fischer Medical and Polychem, Average at Tata Chemicals and Archit Organosys, and Below Average at Chemplast Sanmar, India Glycols, ZRZ Bioenergy, and the rest.<BR><BR>Return Snapshot: ZRZ Bioenergy has the highest 1-year return at 110.08%, while Polychem has the lowest at -30.89%. IVP's 1-year return of 8.83% is higher than that of Polychem but lower than ZRZ Bioenergy. Additionally, the six-month return is negative for Tata Chemicals, Chemplast Sanmar, Polychem, and Shreyas Interm.

What is the technical trend for IVP?

As of June 2, 2025, IVP's trend is mildly bearish, with daily moving averages indicating a bearish stance, while mixed signals from weekly and monthly indicators suggest uncertainty in the longer term.

As of 2 June 2025, the technical trend for IVP has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly MACD shows a mildly bullish signal, but the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. Bollinger Bands are bullish on the weekly but mildly bearish on the monthly, further indicating a lack of strong conviction. The KST and OBV are mildly bullish on the weekly, but the monthly indicators are bearish or neutral, reflecting uncertainty in the longer term. Overall, while there are some bullish indicators on shorter time frames, the prevailing trend is mildly bearish.

Who are in the management team of IVP?

As of March 2023, the management team of IVP includes Mandar Joshi (CEO), T K Gowrishankar (Chairman), and independent directors Amin H Manekia, Mala Todarwal, and Ranjeev Lodha, along with Anwar Hussain Chauhan as a non-executive director. This diverse team reflects a balanced governance structure.

As of March 2023, the management team of IVP includes the following members:<BR><BR>1. Amin H Manekia - Independent Director<BR>2. Mandar Joshi - Whole Time Director & CEO<BR>3. T K Gowrishankar - Chairman (Non-Executive)<BR>4. Mala Todarwal - Independent Director<BR>5. Ranjeev Lodha - Independent Director<BR>6. Anwar Hussain Chauhan - Non-Executive & Non-Independent Director<BR><BR>This team comprises a mix of independent directors, a CEO, and a non-executive chairman, reflecting a diverse governance structure.

How big is IVP?

As of 24th July, IVP Ltd has a market capitalization of 195.00 Cr, with recent Net Sales of 538.99 Cr and a Net Profit of 11.31 Cr. Shareholder's Funds are 139.33 Cr and Total Assets are 347.57 Cr as of March 2025.

As of 24th July, IVP Ltd has a market capitalization of 195.00 Cr, categorizing it as a Micro Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 538.99 Cr and a Net Profit of 11.31 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 139.33 Cr and Total Assets of 347.57 Cr.

Is IVP overvalued or undervalued?

As of November 6, 2025, IVP is considered very attractive and undervalued with a PE ratio of 16.54 and a Price to Book Value of 0.13, significantly lower than peers like Solar Industries and Godrej Industries, despite a year-to-date return of -16.55% and a strong 5-year return of 302.19%.

As of 6 November 2025, the valuation grade for IVP has moved from attractive to very attractive. Based on the current analysis, IVP is considered undervalued. The company has a PE ratio of 16.54, a Price to Book Value of 0.13, and an EV to EBITDA ratio of 46.69, which are favorable compared to its peers.<BR><BR>In comparison to notable peers, Solar Industries has a significantly higher PE ratio of 96.43 and an EV to EBITDA of 59.33, while Godrej Industries, which is rated attractive, has a PE ratio of 36.15 and an EV to EBITDA of 29.05. This indicates that IVP is trading at a substantial discount relative to its competitors in the commodity chemicals sector. Additionally, despite a year-to-date return of -16.55%, the stock has shown resilience with a 5-year return of 302.19%, outperforming the Sensex's 98.87% over the same period.

How has been the historical performance of IVP?

IVP's historical performance shows declining net sales and profitability, with net sales dropping from 660.95 Cr in March 2023 to 538.99 Cr in March 2025, and profit after tax falling from 28.02 Cr to 11.31 Cr during the same period. Additionally, cash flow from operating activities turned negative in March 2025, indicating ongoing financial challenges.

Answer:<BR>The historical performance of IVP shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>IVP's net sales peaked at 660.95 Cr in March 2023 but have since declined to 538.99 Cr by March 2025. The total operating income followed a similar pattern, decreasing from 660.95 Cr in March 2023 to 538.99 Cr in March 2025. The raw material cost remained relatively stable, with a slight decrease from 436.61 Cr in March 2024 to 436.16 Cr in March 2025. Operating profit (PBDIT) also saw a decline from 42.49 Cr in March 2023 to 28.78 Cr in March 2025, reflecting a decrease in operating profit margin from 6.0% to 4.68%. Profit before tax decreased from 37.95 Cr in March 2023 to 15.26 Cr in March 2025, while profit after tax fell from 28.02 Cr to 11.31 Cr in the same period. Total liabilities increased from 330.93 Cr in March 2024 to 347.57 Cr in March 2025, with total debt rising from 89.32 Cr to 104.42 Cr. Cash flow from operating activities turned negative at -2.00 Cr in March 2025, contrasting with a positive cash flow of 45.00 Cr in March 2024. Overall, IVP's financial performance indicates challenges in maintaining sales and profitability in recent years.

Are IVP Ltd latest results good or bad?

IVP Ltd's latest results show strong year-on-year net profit growth of 85.19% and a 20.44% increase in net sales, but operational challenges persist with modest quarter-on-quarter sales growth and declining operating margins, leading to concerns about long-term profitability and capital efficiency. Overall, the results are mixed, suggesting caution for investors.

IVP Ltd's latest results present a mixed picture. On one hand, the company reported a significant year-on-year net profit growth of 85.19%, reaching ₹4.00 crores in Q2 FY26, which is a positive indicator. Additionally, net sales showed a year-on-year increase of 20.44%, reflecting improved market traction.<BR><BR>However, there are concerning trends regarding operational efficiency. The quarter-on-quarter growth in net sales was modest at 6.34%, and the operating margin, while improved from the previous quarter, remains under pressure at 5.51%. This margin is still below the levels achieved in earlier periods, indicating challenges in maintaining profitability amid competitive pressures in the commodity chemicals sector.<BR><BR>Moreover, the company's return on equity (ROE) has declined sharply to 7.57%, raising concerns about capital efficiency and long-term value creation. The volatility in quarterly earnings, with significant fluctuations in profit, suggests operational instability, which could impact future performance.<BR><BR>Overall, while the profit growth is encouraging, the underlying operational challenges and declining margins indicate that the results are not entirely positive. Investors should consider these factors when evaluating the company's performance and future prospects.

When is the next results date for IVP Ltd?

The next results date for IVP Ltd is 21 May 2026.

The next results date for IVP Ltd is scheduled for 21 May 2026.

Should I buy, sell or hold IVP Ltd?

Why is IVP Ltd falling/rising?

As of N/A, the stock price of IVP Ltd is currently at 156.19, reflecting a decrease of 1.11, or 0.71%. The stock has significantly underperformed the market over the past year, with a return of -15.32%, despite some positive growth indicators.

As of N/A, the stock price of IVP Ltd is currently at 156.19, reflecting a decrease of 1.11, or 0.71%. The stock has underperformed the market significantly over the past year, with a return of -15.32%, compared to a market return of -5.32%. This substantial decline indicates that the stock has not kept pace with broader market trends.<BR><BR>Despite some positive indicators, such as a healthy long-term growth rate in operating profit of 46.39% and a notable increase in profit after tax (PAT) of 121.60% over the latest six months, these factors have not translated into positive stock performance. The stock's price has been negatively impacted by its overall underperformance relative to the market, particularly in the last year where it fell much more sharply than the BSE500 index, which recorded a decline of only -2.09%.<BR><BR>Additionally, while the company has shown growth in profits, the stock's valuation remains low, trading at a discount compared to its peers. The PEG ratio of 0.8 suggests that the stock may be undervalued, but this has not yet resulted in a price increase. Therefore, the combination of underperformance in the stock price relative to the market and the significant drop over the past year contributes to the current decline in IVP Ltd's stock price.

Which are the latest news on IVP?