Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Established in 1929 and headquartered in Mumbai, India, IVP Limited is an Indian manufacturer and distributor of foundry chemicals. The company's product line encompasses a variety of resins, foundry coatings, and related chemical solutions. These offerings are utilized across diverse sectors such as general foundry operations, composite manufacturing, insulation, and refractory applications, catering to both ferrous and non-ferrous metal casting. Additionally, IVP provides specialized polyurethane systems tailored for the footwear and flexible packaging industries, alongside specific resins for composite, insulation, and refractory materials. The company also engages in the international export of its products.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'