Ivp Ltd - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L74999MH1929PLC001503 Incorporated 05 July 1929 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: IVP · BSE: 507580 Public Limited Company chemicals and materials
Data last updated
Market Cap
₹187 Cr
IVP · NSE
Share Price
₹181.49
+0.20% today
Revenue
₹595 Cr
FY 2025-26 · +10.3% YoY
EBITDA
₹34.24 Cr
Margin 5.8%
Net Profit
₹18.99 Cr
FY 2025-26 · +67.3% YoY
P/E (TTM)
5.9x
P/B 1.2x
ROE
12.6%
ROCE 13.9%
Debt / Equity
0.57
Interest cover 26.1x

About Ivp Ltd

Data last updated:

Ivp Ltd is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Allana Exports Private Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 05 July 1929 and has been in existence for over 97 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74999MH1929PLC001503. Its GSTIN is 27AAACI0992A1ZX (Maharashtra). The company holds 11 GST registrations, of which 5 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 507580 and NSE: IVP.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹10.33 Cr. It was formerly known as Indian Vegetable Products Limited. It is led by directors including Mandar Prabhakar Joshi (Whole-Time Director) and Anwar Husain Chauhan.

Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ghorupdeo, Mumbai, Maharashtra, India – 400033.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹594.55 Cr, a growth of 10.3% compared to the previous year. For the same year it recorded a net profit of ₹18.99 Cr (net margin 3.2%) and EBITDA of ₹34.24 Cr (EBITDA margin 5.8%). The net worth stands at ₹157.09 Cr (up 12.7% YoY). Total assets are valued at ₹223.78 Cr (down 8.7% YoY).

The company has about 207 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: IVP Limited. As per MCA filings, the company has satisfied charges of ₹30.4 Cr on record. Court records list 240 cases involving the company, including 193 filed by the company and 49 filed against it; 74 cases are pending. The company has 11 deals on record (10 market trades, 1 acquisition); the latest was in July 2026. Its 9 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 5 smaller; the largest is Benzo Chem Industries Pvt Ltd with revenue of ₹554.12 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 916 overdue payments to 91 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ivpindia.com.

Company details

CIN L74999MH1929PLC001503
Registration Number 001503
Incorporation Date 05 July 1929
ROC Mumbai
Listing Status Listed - Listed on NSE (IVP); Listed on BSE (507580)
Company Status Active
Date of Last AGM 31 July 2025
Date of Balance Sheet 31 March 2026
Parent Company Allana Exports Private Limited
Compliance Status Active Compliant

Contact details

Ivp Ltd's registered office is in Mumbai, Maharashtra. Its website is ivpindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Ghorupdeo, Mumbai, Maharashtra, India – 400033
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Ivp Ltd, buy the company report.

Comprehensive company report
Ivp Ltd - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Ivp operates one associated brand: IVP Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Industrial chemicals, foundry chemicals, and resins are manufactured by IVP.ivpindia.com

Business activity

The main business activity of Ivp is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Ivp Ltd, buy the company report.

Financials of Ivp Ltd

FY 2025-26 filings available

Ivp Ltd reported revenue of ₹594.55 Cr (up 10.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹595 Cr
+10.3% YoY
EBITDA
₹34.24 Cr
+35.9% YoY
Profit After Tax
₹18.99 Cr
+67.3% YoY
Net Worth
₹157 Cr
+12.7% YoY
Total Assets
₹224 Cr
-8.7% YoY
Total Debt
₹65.37 Cr
-37.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue595539546661557290229
Revenue growth+10.3%-1.3%-17.4%+18.8%+92.1%+26.6%-
EBITDA34.2425.2027.8439.6534.9916.27(0.08)
EBITDA margin+5.8%+4.7%+5.1%+6.0%+6.3%+5.6%-0.0%
Profit before tax25.1415.2616.6337.9523.356.68(12.83)
Net profit18.9911.3512.3418.4817.864.59(8.65)
Net profit margin+3.2%+2.1%+2.3%+2.8%+3.2%+1.6%-3.8%
EPS (₹)18.0810.9511.8927.1217.074.36(8.34)
Balance sheet
Total assets224245220240251199172
Net worth15713913011991.7175.7071.76
Total debt65.3710489.3212015712299.29
Cash & bank3.241.182.080.710.851.860.38
Net working capital15217114716517111278.41
Cash flow
Cash from operations52.71(2.47)45.4040.61(20.71)(14.14)56.43
Cash from investing(2.56)(4.71)(3.47)9.94(2.89)(0.33)(4.99)
Cash from financing(48.09)6.28(40.57)(50.69)22.5915.95(54.05)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue155164145147138149129122
Revenue growth (YoY)+12.0%+10.1%+12.1%+20.4%-0.1%---
Other income1.091.121.210.891.060.941.040.79
Total expenses134151137139134142124116
EBITDA20.5913.708.198.104.257.775.085.53
EBITDA margin+13.3%+8.3%+5.6%+5.5%+3.1%+5.2%+3.9%+4.5%
Depreciation1.541.491.521.501.501.461.471.41
Interest1.381.371.702.192.112.102.051.82
Profit before tax18.7611.966.185.301.705.152.603.09
Tax4.743.101.551.300.511.320.710.93

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue155164145147138149129122
Revenue growth (YoY)+12.0%+10.1%+12.1%+20.4%-0.1%---
Other income1.091.121.210.891.060.941.040.79
Total expenses134151137139134142124116
EBITDA20.5913.708.198.104.257.775.085.53
EBITDA margin+13.3%+8.3%+5.6%+5.5%+3.1%+5.2%+3.9%+4.5%
Depreciation1.541.491.521.501.501.461.471.41
Interest1.381.371.702.192.112.102.051.82
Profit before tax18.7611.966.185.301.705.152.603.09
Tax4.743.101.551.300.511.320.710.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue595539546661557290229
Revenue growth+10.3%-1.3%-17.4%+18.8%+92.1%+26.6%-
Other income4.283.583.0315.743.422.442.28
Total expenses560514518621522273229
Employee cost20.7019.4718.6917.3315.3413.2513.78
EBITDA34.2425.2027.8439.6534.9916.27(0.08)
EBITDA margin+5.8%+4.7%+5.1%+6.0%+6.3%+5.6%-0.0%
Depreciation6.015.735.545.205.125.064.86
Interest7.377.798.7012.249.946.9710.17
Profit before tax25.1415.2616.6337.9523.356.68(12.83)
Tax6.463.954.359.935.722.18(4.21)
Net profit18.9911.3512.3418.4817.864.59(8.65)
Net profit margin+3.2%+2.1%+2.3%+2.8%+3.2%+1.6%-3.8%
EPS (₹)18.0810.9511.8927.1217.074.36(8.34)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.3310.3310.3310.3310.3310.3310.33
Reserves & surplus14712911910881.3865.3761.43
Shareholders' funds (net worth)15713913011991.7175.7071.76
Secured loans0.000.000.000.000.000.000.00
Unsecured loans65.3710489.3212015712299.29
Total debt65.3710489.3212015712299.29
Total liabilities224245220240251199172
Assets
Gross block118117110108106106107
Net block67.4271.9971.2673.4676.7879.4384.43
Capital work in progress1.280.181.621.670.460.200.00
Investments0.000.000.000.000.010.020.02
Inventories75.7685.7477.8893.1678.8072.4530.48
Sundry debtors18618217120820813992.27
Cash & bank balances3.241.182.080.710.851.860.38
Loans & advances7.306.426.206.583.103.613.93
Total current assets273276258308291217127
Total current liabilities12010411114312010548.65
Net working capital15217114716517111278.41
Total assets224245220240251199172
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.081.980.610.851.860.382.99
Net cash from operating activities52.71(2.47)45.4040.61(20.71)(14.14)56.43
Net cash from investing activities(2.56)(4.71)(3.47)9.94(2.89)(0.33)(4.99)
Net cash from financing activities(48.09)6.28(40.57)(50.69)22.5915.95(54.05)
Net change in cash2.06(0.90)1.36(0.14)(1.01)1.48(2.61)
Closing cash3.241.182.080.710.851.860.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+10.3%-1.3%-17.4%+18.8%+92.1%+26.6%-
EBITDA growth+35.9%-9.5%-29.8%+13.3%+115.1%--
PBT growth+64.7%-8.2%-56.2%+62.5%+249.6%+9998.0%-
Net income growth+67.3%-8.0%-33.2%+3.5%+289.1%+153.1%-
Revenue CAGR (3Y)-3.5%-1.1%+23.5%+42.4%+20.3%+2.4%+12.3%
EBITDA CAGR (3Y)-4.8%-10.4%+19.6%-+55.2%-8.1%-
Profitability & leverage
Net income margin+3.1%+2.1%+2.3%+4.2%+3.2%+1.6%-3.8%
Return on capital employed+13.9%+9.9%+11.0%+15.2%+14.8%+7.4%-1.3%
Return on net worth+12.6%+8.4%+9.9%+17.6%+21.1%+6.1%-11.2%
Debt / equity0.570.720.841.311.671.501.58
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover26.1140.0139.0135.5333.2862.18-205.87
Efficiency & per share
Fixed asset turnover5.064.755.016.165.242.722.48
Inventory turnover7.366.596.397.697.365.635.75
Debtors turnover3.233.052.883.183.202.502.13
EPS (₹)18.0810.9511.8927.1217.074.36(8.34)
Dividend per share (₹)1.501.001.001.501.501.000.00
Book value per share (₹)152.07134.88125.48114.8988.7873.2869.47

To see the full year-wise statements and ratios of Ivp Ltd, buy the company report.

Board of directors of Ivp Ltd

Ivp has 6 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anwar Husain ChauhanDirector11 Nov 20214 Years 11 MonthsCurrent
Mala Arun TodarwalDirector11 Jun 20215 Years 4 MonthsCurrent
Ranjeev Ugamraj LodhaDirector28 Jul 20215 Years 3 MonthsCurrent
Mandar Prabhakar JoshiWhole-Time Director01 Aug 201610 Years 3 MonthsCurrent
Rajkumar LekhwaniDirector06 Jun 20251 Years 4 MonthsCurrent
Pratik Kiritkumar KadakiaDirector08 Aug 20242 Years 2 MonthsCurrent

Peer comparison

Ivp Ltd is compared with the 9 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ivp Ltdthis company₹594.55 Cr (FY 2026)₹18.99 Cr3.2%10.3%207Mumbai, Maharashtra, India
Benzo Chem Industries Pvt Ltd₹554.12 Cr (FY 2025)13.0%Mumbai, Maharashtra, India
Ganga Rasayanie Pvt Ltd₹550.14 Cr (FY 2024)2.0%Kolkata, West Bengal, India
Nitta Gelatin India Limited₹544.58 Cr (FY 2025)0.0%Ernakulam, Kerala, India
Palvi Industries Limited₹543.65 Cr (FY 2025)43.0%Vadodara, Gujarat, India
Fairchem Organics Limited₹539.24 Cr (FY 2025)-13.0%Ahmedabad, Gujarat, India
Mangalam Organics Limited₹530.34 Cr (FY 2025)7.0%Khopoli, Maharashtra, India
Sterling Auxiliaries Pvt Ltd₹527.08 Cr (FY 2024)32.0%Mumbai, Maharashtra, India
Saptagir Camphor Private Limited₹523.92 Cr (FY 2025)3.0%Hyderabad, Telangana, India
Parikh Enterprises Private Limited₹515.92 Cr (FY 2025)79.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Ivp Ltd, buy the company report.

Auditor

Ivp Ltd is audited by RAJENDRA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAJENDRA & COFY 2023108355W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 71.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 28.70%.

Promoters: 71.30%Retail & Others: 28.70%
Sep 2026
QUARTER
71.30% Promoters
28.70% Retail & Others
Promoter holding - history
Now 71.30% · Sep 2026High 71.30% · Dec 2025Low 71.30% · Dec 2025
70%70.8%71.5%72.3%73%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 71.30%Mar 2026: 71.30%Jun 2026: 71.30%Sep 2026: 71.30%71.30%71.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters71.30%71.30%71.30%71.30%
Public28.70%28.70%28.70%28.70%

Charges & borrowings

Open charges
None
Satisfied charges
₹30.4 Cr
Breakdown by lending institutions
Vijaya Bank₹15.00 Cr
Bank of India₹8.00 Cr
Others₹4.90 Cr
Union Bank of India₹2.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Jan 201110308841Vijaya Bank₹15 CrSatisfied
18 May 201010222018Union Bank of India₹2.5 CrSatisfied
18 May 201010222019Others₹4.9 CrSatisfied
29 Mar 200480043358Bank of India₹8 CrSatisfied

To see the full charge records of Ivp Ltd, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Ivp Ltd has 11 deals on record (10 market trades, 1 acquisition); the latest was in July 2026.

Total deals
11
Market trades
10
Acquisition
1

Deals on record (5 of 11)

WhenDealAmountParties
Nov 2024Market trade₹2.1 CrBuyer: NK Securities Research Private Limited
Seller: NK Securities Research Private Limited
Feb 2022Market trade₹2.77 CrBuyer: Musigma Securities, NK Securities Research Private Limited
Seller: Musigma Securities, NK Securities Research Private Limited
Feb 2022Market trade₹3.05 CrBuyer: Musigma Securities, NK Securities Research Private Limited , an individual
Seller: Musigma Securities, NK Securities Research Private Limited
Feb 2022Market trade₹1.14 CrSeller: Ithoughtwealth Analytics LLP
Aug 2011Market trade₹50.2 LakhBuyer: Allana Pharmachem Private Limited
Seller: Allana Bros Private Limit Ed

To see the full deal history of Ivp Ltd, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Ivp Ltd was last rated by Indiarating on 20 Sep 2021.

Rating agencyRated onRating
Indiarating20 Sep 2021

To see the full credit ratings and regulatory alerts of Ivp Ltd, buy the company report.

MSME payment delays

Ivp Ltd has 10 MSME Form 1 returns on record between 2019 and 2024, listing 916 overdue payments to 91 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 91)

SupplierAmount dueDue sinceReported on
Shri Jai Ganesh Shipping & Logistics Private Limited
Premier Solvents Pvt Ltd
an individual supplier
Royal Industries
an individual supplier

To see the full MSME payment records of Ivp Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ivp Ltd has a workforce of 207 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
207
Active EPFO establishments
1
Employee growth
1.47%

GST

Ivp has 11 GST registrations: 5 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
11
Active
5
Cancelled / inactive
6
GSTINStateStatusRegistered on
27AAACI0992A1ZXMaharashtraActive01 Jul 2017
19AAACI0992A1ZUWest BengalActive01 Jul 2017
29AAACI0992A1ZTKarnatakaActive01 Jul 2017
33AAACI0992A1Z4Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Ivp Ltd, buy the company report.

Recent activity

Ivp Ltd has 40 board changes on record since 1981: 23 appointments and 17 cessations. The latest: Gowrishankar Kuppuswamy Thirumangalam ceased to be Director on 01 Aug 2025.

Filing
Ivp Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Ceased
Gowrishankar Kuppuswamy Thirumangalam ceased to be Director.
AGM
Ivp Ltd last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records.
Appointed
Rajkumar Lekhwani was appointed as Director.
Ceased
Amin Manekia ceased to be Director.
Appointed
Pratik Kiritkumar Kadakia was appointed as Director.
Appointed
Anwar Husain Chauhan was appointed as Director.
Ceased
Sajid Moorad Fazalbhoy ceased to be Director.
Ceased
Priya Ranjan ceased to be Director.
Appointed
Ranjeev Ugamraj Lodha was appointed as Director.
Appointed
Mala Arun Todarwal was appointed as Director.
Ceased
Nina Dharamsy Kapadia ceased to be Director.

43 earlier events are in the company report.

Frequently asked questions

Ivp is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 05 July 1929 (97+ years old) and is registered under CIN L74999MH1929PLC001503. Listed on BSE: 507580 and NSE: IVP.

Ivp reported revenue of ₹594.55 Cr for FY 2025-26 (up 10.3% YoY) based on standalone financials.

Ivp has 6 current directors:

The latest financial statements of Ivp on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ivp is 27AAACI0992A1ZX, registered in Maharashtra. The company has 11 GST registrations in all, of which 5 are active and 6 are cancelled or inactive. Other active GSTINs include 19AAACI0992A1ZU (West Bengal), 29AAACI0992A1ZT (Karnataka), 33AAACI0992A1Z4 (Tamil Nadu).

The CIN (Corporate Identification Number) of Ivp is L74999MH1929PLC001503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ivp is a listed company as per MCA records. Its shares are listed on both BSE (code: 507580) and NSE (symbol: IVP).

Ivp has 240 court cases on record: 193 filed by the company and 49 filed against it. 74 are pending. Most are in the district courts.

Ivp was incorporated on 05 July 1929, making it 97+ years old. It is registered with the Registrar of Companies, Mumbai.

Ivp has 11 deals on record (10 market trades, 1 acquisition); the latest was in July 2026.

The peers of Ivp by revenue are Benzo Chem Industries Pvt Ltd, Ganga Rasayanie Pvt Ltd, Nitta Gelatin India Limited, Palvi Industries Limited, Fairchem Organics Limited and 4 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Gowrishankar Kuppuswamy Thirumangalam ceased to be Director on 01 Aug 2025. Rajkumar Lekhwani was appointed as Director on 06 Jun 2025. Amin Manekia ceased to be Director on 11 Aug 2024. Ivp has 40 board changes on record in total.