IVP Company was incorporated on July 5, 1929 at Mumbai. The Company Manufacture vegetable oils & vanaspati Margarine, Plastics Minar Chemicals, Foundry, products, Spark Plugs & Industrial Ceramics. IVP Limited was the first large scale Indian venture that offered the latest technology to the Foundry Industry in India.This was way back in 1964.Today the company is a leader in resins and binder systems and continues to maintain its position of performance.

The products range of the company includes the complete spectrum of foundry chemicals like alkyde resins, phenolic resins, refractory coatings and fluxes.

IVP’s Foundry Chemicals Division has always dedicated itself to the development and manufacture of a wide range of high quality Foundry Chemicals, to enable Foundries to enhance the Quality of their Castings and improve Productivity levels.

Their products have always been manufactured with an aim to enhance Productivity, Quality, Economy, and User friendliness, while not at all compromising on Quality, Consistency and Environment friendliness. To achieve this they manufacture products in an individual, electronically monitored, accurately controlled & tested batches. Their Production process and Production equipments meets the environmental regulations.

IVP provides an excellent cultured work environment that is open and congenial to growth as well as learning. Therefore, IVP is driven with commitment by highly qualified, dedicated and technologically innovative people.

Product range of the company includes:

 * Binders- In its foundry range of phenolic resins, it has shell-mold resins and organic non-heating self-curing foundry-use resins in a rich assortment of grades. It can provide shell-mold resins to comply with versatile requirements such as high mechanical strength, quick curing, peel-back resistance, low odor, ease of collapse after molding and low expansion. For non-heating self-curing foundry-use resins, it provide resins compatible with the cold-box system which improve curing speed and save energy.
 * Coatings.
 * Innoculants & Fluxes.

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Market Cap	169 Cr	ROE	6.1%
P/E Ratio(TTM)	6.6	EPS(TTM)	0.0
P/B Ratio	1.4	Dividend Yield	0.9%
Industry P/E	55.7	Book Value	116.1
		Face Value	10.0

Fundamentals