In the Jun 2026 quarter (standalone), IVP reported sales of ₹155 Cr, up 12.4% from Jun 2025, and net profit of ₹14.01 Cr, up 1,315.2% year on year. For the year to Mar 2026, sales were ₹593 Cr and net profit ₹18.99 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 141 | 121 | 141 | 138 | 122 | 129 | 148 | 138 | 146 | 145 | 163 | 155 |
| Expenses | 133 | 117 | 133 | 131 | 116 | 124 | 142 | 134 | 139 | 136 | 151 | 134 |
| Operating Profit | 8.99 | 4.99 | 8.99 | 6.99 | 5.99 | 4.99 | 7.99 | 3.99 | 8.01 | 9.01 | 13.98 | 21.01 |
| OPM % | 6.0% | 4.2% | 6.0% | 4.9% | 4.5% | 3.9% | 5.0% | 3.1% | 6.0% | 6.0% | 8.0% | 13.0% |
| Other Income | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 |
| Interest | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 1.01 | 1.01 |
| Depreciation | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 1.99 | 1.99 | 0.99 | 1.99 |
| Profit before tax | 6.01 | 1.99 | 5.99 | 3.99 | 3.01 | 3.01 | 4.99 | 2.01 | 4.99 | 5.99 | 11.99 | 18.98 |
| Tax % | 25.0% | 28.0% | 26.0% | 22.0% | 30.0% | 27.0% | 26.0% | 30.0% | 25.0% | 24.9% | 25.9% | 25.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 4.99 | 1.99 | 5.01 | 3.01 | 2.01 | 1.99 | 3.99 | 0.99 | 4.01 | 5.01 | 8.99 | 14.01 |
| EPS (Rs) | 4.48 | 1.65 | 4.58 | 3.31 | 2.08 | 1.82 | 3.70 | 1.14 | 3.86 | 4.47 | 8.57 | 13.57 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 154 | 160 | 269 | 319 | 228 | 289 | 555 | 658 | 544 | 537 | 593 | 609 |
| Expenses | 140 | 144 | 249 | 311 | 229 | 274 | 522 | 623 | 519 | 515 | 561 | 561 |
| Operating Profit | 14.99 | 16.98 | 20.98 | 8.99 | 0.00 | 15.98 | 35.01 | 39.99 | 27.99 | 24.99 | 34.95 | 52.01 |
| OPM % | 9.0% | 11.0% | 8.0% | 2.9% | 0.0% | 6.0% | 6.0% | 6.0% | 5.0% | 4.7% | 6.0% | 8.5% |
| Other Income | 5.01 | 1.01 | 1.01 | 2.01 | 2.01 | 2.01 | 3.01 | 16.02 | 3.01 | 4.01 | 4.01 | 4.04 |
| Interest | 0.00 | 0.00 | 3.01 | 8.01 | 10.01 | 7.01 | 10.02 | 12.02 | 9.01 | 8.01 | 7.01 | 6.04 |
| Depreciation | 0.99 | 0.99 | 2.99 | 2.99 | 4.98 | 4.99 | 4.99 | 4.99 | 5.98 | 5.98 | 5.98 | 6.96 |
| Profit before tax | 17.99 | 16.99 | 15.99 | 0.00 | −13.01 | 7.01 | 22.97 | 37.99 | 16.98 | 14.99 | 24.97 | 41.95 |
| Tax % | 42.0% | 36.0% | 36.9% | −1,107.0% | −33.1% | 33.0% | 23.9% | 26.0% | 26.0% | 26.0% | 25.9% | — |
| Exceptional items | 1.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.96 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 10.01 | 11.01 | 9.99 | 2.99 | −9.01 | 3.99 | 17.99 | 27.99 | 12.01 | 10.99 | 18.99 | 32.02 |
| EPS (Rs) | 10.07 | 10.46 | 10.05 | 3.26 | −8.33 | 4.35 | 17.04 | 27.08 | 11.88 | 10.94 | 18.06 | 30.47 |
| Dividend payout % | 19.9% | 19.0% | 19.9% | 31.0% | 0.0% | 23.0% | 9.0% | 6.0% | 8.0% | 9.0% | 8.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.98 | 9.97 | 9.98 | 9.97 | 9.99 | 9.99 | 9.98 | 9.98 | 9.98 | 9.98 | 9.97 | 9.98 |
| Reserves | 45.07 | 52.11 | 63.17 | 71.17 | 71.18 | 61.11 | 65.17 | 81.16 | 108 | 119 | 129 | 147 |
| Borrowings | 3.99 | 0.00 | 13.95 | 77.78 | 143 | 98.82 | 122 | 157 | 120 | 88.74 | 104 | 64.82 |
| Other Liabilities | 34.08 | 41.95 | 46.98 | 88.42 | 50.23 | 49.23 | 107 | 123 | 147 | 114 | 106 | 122 |
| Total Liabilities | 93.12 | 105 | 134 | 247 | 275 | 220 | 304 | 371 | 385 | 333 | 350 | 344 |
| Fixed Assets | 15.02 | 16.01 | 35.03 | 41.04 | 59.05 | 84.09 | 79.03 | 77.07 | 73.06 | 71.06 | 72.02 | 67.08 |
| CWIP | 0.00 | 1.01 | 2.01 | 17.06 | 26.09 | 0.00 | 0.00 | 0.00 | 2.01 | 2.01 | 0.00 | 1.01 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 78.10 | 88.01 | 96.04 | 188 | 189 | 136 | 224 | 293 | 310 | 260 | 278 | 275 |
| Inventories | 10.97 | 17.95 | 26.94 | 59.78 | 48.87 | 29.89 | 71.81 | 78.81 | 92.79 | 77.82 | 85.70 | 75.81 |
| Trade receivables | 59.84 | 54.89 | 59.88 | 107 | 123 | 91.72 | 139 | 207 | 207 | 171 | 181 | 186 |
| Cash & equivalents | 3.01 | 11.04 | 4.01 | 3.01 | 3.01 | 0.00 | 2.01 | 1.01 | 1.01 | 2.01 | 1.01 | 3.01 |
| Total Assets | 93.12 | 105 | 134 | 247 | 275 | 220 | 304 | 371 | 385 | 333 | 350 | 344 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 5.01 | 15.03 | 5.01 | −30.10 | −27.08 | 56.19 | −14.04 | −21.04 | 41.11 | 45.13 | −2.01 | 53.16 |
| Cash from investing activity | −3.01 | 0.00 | −24.01 | −28.03 | −28.04 | −5.01 | 0.00 | −3.01 | 10.01 | −3.01 | −5.01 | −3.01 |
| Cash from financing activity | −2.01 | −7.02 | 7.01 | 58.15 | 54.11 | −54.15 | 16.05 | 23.06 | −51.13 | −41.07 | 6.01 | −48.07 |
| Net cash flow | 0.00 | 8.02 | −11.03 | 0.00 | 0.00 | −3.01 | 1.01 | −1.01 | 0.00 | 1.01 | −1.01 | 2.01 |
| Capex | 3.11 | 4.62 | 23.60 | 27.76 | 27.83 | 5.11 | 0.43 | 3.02 | 5.52 | 3.54 | 4.79 | 2.79 |
| Free cash flow | 2.01 | 15.03 | −19.05 | −58.14 | −55.12 | 51.13 | −15.05 | −24.07 | 35.07 | 42.12 | −7.02 | 50.10 |
| CFO / OP % | 75.0% | 150.0% | 62.0% | −119.0% | −261.0% | −70,675.0% | −85.0% | −56.0% | 119.0% | 181.0% | 11.0% | 173.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 135 | 131 | 135 | 144 | 140 | 147 | 175 | 137 | 115 | 115 | 123 | 114 |
| Inventory days | 32 | 63 | 80 | 103 | 68 | 62 | 118 | 63 | 62 | 64 | 72 | 59 |
| Days payable | 43 | 68 | 77 | 108 | 60 | 90 | 161 | 88 | 88 | 85 | 78 | 84 |
| Cash conversion cycle | 124 | 127 | 138 | 139 | 148 | 119 | 132 | 111 | 89 | 93 | 117 | 89 |
| Working capital days | 85 | 88 | 73 | 18 | −13 | −33 | −14 | 10 | 27 | 39 | 47 | 54 |
| ROCE % | 19.1% | 24.1% | 23.1% | 16.0% | 5.0% | −1.0% | 7.0% | 15.0% | 15.1% | 11.0% | 10.0% | 14.1% |
For the Jun 2026 quarter, IVP reported sales of ₹155 Cr, up 12.4% year on year and net profit of ₹14.01 Cr, up 1,315.2% year on year. The operating margin was 13.0%.
IVP's sales for the year to Mar 2026 were ₹593 Cr; over the last twelve months they were ₹609 Cr.
Net profit for the year to Mar 2026 was ₹18.99 Cr, and ₹32.02 Cr over the last twelve months. Earnings per share over the same trailing period were ₹30.47.
IVP reported borrowings of ₹64.82 Cr at Mar 2026, against cash and equivalents of ₹3.01 Cr.
Cash from operations was ₹53.16 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹50.10 Cr.