Slide 1: Cover letter to stock exchanges
IVP LIMITED Regd. Office : Shashikant N. Redij Marg, Ghorupdeo, Mumbai - 400 033 Tel. : +91-22- 3507 5360 Email : ivp@ivpindia.com Website : www.ivpindia.com CIN : L74999MH1929PLC001503 Ref. No.: IVPSEC/SE/292/11/2025-26 November 18, 2025 BSE Limited National Stock Exchange of India Limited Phiroze
Slide 2: Investor Presentation November 2025
Limited INVESTOR PRESENTATION November 2025 Innovative Materials for Sustainable Solutions SINCE 1929
Slide 3: Disclaimer
INVESTOR PRESENTATION 2 Disclaimer This investor presentation has been prepared by IVP Limited and does not constitute a prospectus or placement memorandum or an offer to acquire any securities . This presentation or any other documentation or information (or any par t thereof) delivered or supplied
Slide 4: About the Business
INVESTOR PRESENTATION 3 About the Business
Slide 5: About us
INVESTOR PRESENTATION 4 About us Established in 1929, IVP Limited, a part of the Allana Group, has carved a niche in pioneering industrial 90+ 2 solutions. From its early days in the Vegetable Oil Business to becoming the first Indian company to produce Foundry Chemicals and later expanding into the
Slide 6: Our Journey so far
INVESTOR PRESENTATION 5 Our Journey so far Foundation and Early Ventures Expansion and Innovation (1929-1973) (1974-2005) 1929 Company starts as a manufacturer of vegetable oils. 1974-1989 1964 Progressive expansion into Foundry Establishment of the Chemical Chemicals, Industrial Ceramics, and Spark
Slide 7: Our Journey so far
INVESTOR PRESENTATION 6 Our Journey so far Refocusing Core Competencies Entering the Polyurethane Market (2006-2017) (2018-Present) 2006 - 2013 Strategic discontinuation of Industrial Ceramics, Spark Plugs, 2018 and the Jamshedpur Foundry 2017 Introduction of innovative Polyurethane products, Chemic
Slide 8: Core Business Verticals
INVESTOR PRESENTATION 7 Core Business Verticals IVP Limited operates in two core business verticals: Phenolic Resins and the Polyurethane Resins. PARTICULARS FOUNDRY APPLICATIONS FOOTWEAR SOLUTIONS FLEXIBLE PACKAGING These resins are known for their superior Our Polyurethane Business focuses Our PU
Slide 9: Product Offerings
INVESTOR PRESENTATION 8 Product Offerings 01 02 03 Flexible Packaging Foundry Footwear READ MORE Industries READ MORE Chemicals READ MORE READ MORE READ MORE READ MORE 04 05 06 Refractory Composites READ MORE Insulation READ MORE & Powder Resin READ MORE READ MORE READ MORE READ MORE
Slide 10: Tarapur Manufacturing Facility
INVESTOR PRESENTATION 9 Tarapur Manufacturing Facility Location Tarapur Industrial Area Core Activities • Production of Foundry Binders and Coatings • Production of Polyurethane Infrastructure Highlights • Expansive 12-acre site with room for expansion • 50,000 MT/annum installed capacity • Comprehe
Slide 11: Bengaluru Manufacturing Facility
INVESTOR PRESENTATION 10 Bengaluru Manufacturing Facility Location Bengaluru Industrial Sector Core Activities • Manufacture of Foundry Coatings for metal castings Infrastructure Highlights • High production capacity of 500 tons/month • Spacious Warehousing and advanced Tank Farm • Fire safety prior
Slide 12: Marquee Clientele
INVESTOR PRESENTATION 11 Marquee Clientele Foundry PU System for Shoe – Soles PU Adhesives for Flexible Film Packaging
Slide 13: Board of Directors
INVESTOR PRESENTATION 12 Board of Directors Rajkumar Mandar Ranjeev Pratik Mala Anwar Husain Lekhwani Joshi Lodha Kadakia Todarwal Chauhan CHAIRMAN (NON-EXECUTIVE C E O & W H O L E T I ME INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR NON-EXECUTIVE NON-INDEPENDENT DIRECTOR (NON-EXECU
Slide 14: Certifications
INVESTOR PRESENTATION 13 Certifications IVP LIMITED EMS IVP LIMITED OHSAS IVP LIMITED QMS CERTIFICATE CERTIFICATE CERTIFICATE
Slide 15: Committed to Social Advancement
INVESTOR PRESENTATION 14 Committed to Social Advancement At IVP India, we are at the forefront of fostering educational excellence and inclusivity through our dedicated Corporate Social Responsibility (CSR) endeavours. Underprivileged Teacher Digital Infrastructure Community Communities Empowerment
Slide 16: Quarterly Highlights
INVESTOR PRESENTATION 15 Quarterly Highlights
Slide 17: Management Commentary
INVESTOR PRESENTATION 16 Management Commentary Mr. Mandar Joshi WHOLE TIME DIRECTOR AND CEO The Indian chemical industry witnessed a mixed perform an c e in • Operati onal effi ci enci es and disciplined cost manage m e nt Q 2F Y26. W hile certain segmen ts such as specialt y chemical s that helped
Slide 18: Summary of Profit and Loss Statement
INVESTOR PRESENTATION 17 Summary of Profit and Loss Statement PARTICULARS (₹ IN CRORES) Q2FY25 Q1FY26 Q2FY26 Q-o-Q Y-o-Y H1FY25 H1FY26 Y-o-Y Revenue from Operations 122.01 138.19 146.95 6% 20% 260.27 285.14 10% Other Income 0.79 1.06 0.89 -16% 13% 1.60 1.95 22% Total Income 122.80 139.25 147.84 6% 2
Slide 19: Financial Highlights
INVESTOR PRESENTATION 18 Financial Highlights
Slide 20: Summary of Profit and Loss Statement
INVESTOR PRESENTATION 19 Summary of Profit and Loss Statement PARTICULARS (₹ IN CRORES) FY21 FY22 FY23 FY24 FY25 H1FY26 Revenue from Operations 290 557 661 546 539 285 Other Income 2 3 3 3 4 2 Total Income 292 560 664 549 543 287 Total Operating Expenses 273 522 621 518 514 273 EBITDA 19 38 42 31 29
Slide 21: Summary of Balance Sheet
INVESTOR PRESENTATION 20 Summary of Balance Sheet PARTICULARS (₹ IN CRORES) FY21 FY22 FY23 FY24 FY25 H1FY26 Shareholders Fund 75 91 119 130 139 144 Non-Current Liabilities 1 2 4 3 2 1 Long Term Borrowings 0 0 0 0 0 0 Current Liabilities 228 276 261 198 206 186 Short Term Borrowings 122 157 120 89 10
Slide 22: Summary of Cash Flow Statement
INVESTOR PRESENTATION 21 Summary of Cash Flow Statement PARTICULARS (₹ IN CRORES) FY21 FY22 FY23 FY24 FY25 H1FY26 Cash Flow From Operating Activities (2) 10 (14) (21) 41 45 Cash Flow From Investing Activities (5) (1) 0 (3) 10 (3) Cash Flow From Financing Activities 6 (10) 16 23 (51) (41) Net Cash Fl
Slide 23: Ratios
INVESTOR PRESENTATION 22 Ratios Sales EBITDA & EBITDA Margin PAT & PAT Margin Working Capital Days (₹ In Crores) (₹ In Crores & %) (₹ In Crores & %) 5 35 (In Days) 7 6 4 3 4 30 6 45 7 5 4 5 40 25 6 3 2 2 35 5 20 2 3 30 4 25 2 15 3 20 2 2 10 15 1 1 10 5 557 661 546 539 285 38 42 31 29 14 18 28 12 11
Slide 24: Strategy and Investment Merits
INVESTOR PRESENTATION 23 Strategy and Investment Merits
Slide 25: Enhancing Value and Efficiency
INVESTOR PRESENTATION 24 Enhancing Value and Efficiency Maximising Asset Utilisation With our substantial unutilised land reserves, we are set to expand our Polyurethane business capabilities. This strategic move bypasses the need for greenfield capital expenditures, allowing us to increase fixed as
Slide 26: Investment Merits
INVESTOR PRESENTATION 25 Investment Merits 01 02 03 Consistent Dividend Lean Balance Sheet Industry Expansion IVP Limited demonstrates financial stability We are committed to a strategic reduction Venturing into the rapidly growing Flexible with a strong record of consistent dividend of debt, stream
Slide 27: Thank You
Thank You Contact Us FOR ANY FURTHER INFORMATION, PLEASE CONTACT Jay Mehta Abhishek Mehra IVP Limited TIL Advisors Private Limited ivpsecretarial@ivpindia.com abhishek@theinvestmentlab.in +91 22 35075360 +91 95588 14500 Registered Office: IVP Limited, Shashikant Narayan Redij Marg, Ghorupdeo, Mumbai