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IVP (BOM:507580) Property, Plant and Equipment : ₹728 Mil (As of Mar. 2024)


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What is IVP Property, Plant and Equipment?

IVP's quarterly net PPE declined from Sep. 2023 (₹741 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹728 Mil).

IVP's annual net PPE increased from Mar. 2022 (₹748 Mil) to Mar. 2023 (₹755 Mil) but then declined from Mar. 2023 (₹755 Mil) to Mar. 2024 (₹728 Mil).


IVP Property, Plant and Equipment Historical Data

The historical data trend for IVP's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IVP Property, Plant and Equipment Chart

IVP Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 816.20 770.10 748.30 754.80 727.90

IVP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 754.80 - 741.40 - 727.90

IVP Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


IVP  (BOM:507580) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


IVP Property, Plant and Equipment Related Terms

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IVP (BOM:507580) Business Description

Industry
Traded in Other Exchanges
Address
Shashikant Narayan Redij Marg, Ghorupdeo, Mumbai, MH, IND, 400 033
IVP Ltd is a manufacturer and exporter of foundry chemicals, castings, and allied products. Its products include Binders, Coatings, Polyurethane, and other additives used in the foundry and non-foundry industries. The resins products of the company are for application in diverse fields such as foundry, composites, insulation, and refractory, the coatings products of the company serve the needs of the foundry industry with numerous refractory-based products while the allied products consist of miscellaneous products for use in both ferrous and non-ferrous foundries. The reportable segment of the company is the Manufacturing of Chemicals.

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