Ultramarine & Pigments Ltd (ULTRAMAR) — shareholding pattern, promoter holding, financials and share price
About Ultramarine & Pigments Ltd (ULTRAMAR)
Ultramarine & Pigments Ltd operates in the Dyes And Pigments industry, within the Chemicals sector. It trades on the NSE as ULTRAMAR and on the BSE under scrip code 506685. Its ISIN is INE405A01021.
Ultramarine & Pigments is engaged in manufacturing and selling of Pigments, Surfactants, IT-Enabled Services, and Business Process Outsourcing (BPO) activities. The Company caters to both domestic and international markets.
Ultramarine & Pigments Limited, established in 1960, manufactures and sells pigments, surfactants, and IT-enabled services. Its facilities are located in Tamil Nadu and Andhra Pradesh.
The company has diversified its portfolio that includes power generation through wind energy, contributing to its self-sufficiency and sustainability initiatives.
Listed peers in Dyes And Pigments: Shree Pushkar Chemicals & Fertilizers Ltd, Bhageria Industries Ltd, Sudarshan Colorants India Ltd, Bodal Chemicals Ltd, Asahi Songwon Colors Ltd, Ushanti Colour Chem Ltd.
Valuation & Returns
10 Jul 2026At ₹394.05 a share on 10 Jul 2026, Ultramarine & Pigments Ltd (ULTRAMAR) was valued at a price-to-earnings ratio of 14.24x against an industry P/E of 45.11x and a price-to-book of 1.32x on a book value of ₹297.9 per share as of Mar 2026. Solomo computes return on equity of 9.29% and return on capital employed of 11.59% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 14.24x
- Industry P/E
- 45.11x
- P/B
- 1.32x
- EPS (TTM)
- ₹27.67
- Book value / share
- ₹297.9
- ROE
- 9.29%
- ROCE
- 11.59%
- ROA
- 7.39%
- Debt / equity
- 0.1x
- Dividend yield
- 1.52%
- EBITDA margin
- 17.82%
- 52-week range
- ₹364 – ₹613.95
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Ultramarine & Pigments Ltd (ULTRAMAR) reported revenue of ₹775 crore, net profit of ₹81 crore and earnings per share of ₹27.66. That compares with revenue of ₹695 crore and net profit of ₹75 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹199 crore and net profit ₹14 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 490 | 557 | 561 | 695 | 775 |
| Net profit (₹ cr) | 58 | 69 | 58 | 75 | 81 |
| EPS (₹) | 19.97 | 23.7 | 19.73 | 25.7 | 27.66 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 11.70% | 16.28% | 9.85% | 11.52% |
| Profit growth | 10.95% | 2.36% | 6.10% | 7.62% |
| Stock price CAGR | 11% | 1% | 1% | -31% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 40.49% of Ultramarine & Pigments Ltd (ULTRAMAR) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.42% and domestic institutional investors (DII) hold 0.64%. Market capitalisation was ₹1,151 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2001.
Largest disclosed public shareholders in Jun 2026: SHIVANI TEJAS TRIVEDI 2.32%, HUF 1.73%, GYMKHANA PARTNERS L.P. 1.33%, NEHAL VINOD SHAH 1.22%, VINOD MAGANLAL SHAH 1.16%, SWAYAM RAJIV DOSHI 1.03%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 40.49% | - | 1.42% | 0.64% | 59.51% |
| Mar 2026 | 40.49% | - | 1.24% | 0.68% | 59.51% |
| Dec 2025 | 40.44% | - | 1.04% | 1.4% | 59.56% |
| Sep 2025 | 40.5% | - | 1.05% | 1.33% | 59.5% |
| Jun 2025 | 40.5% | - | 1.12% | 1.26% | 59.5% |
| Mar 2025 | 40.61% | - | 1.15% | 0.95% | 59.39% |
| Dec 2024 | 40.86% | - | 1.22% | 0.63% | 59.14% |
| Sep 2024 | 40.86% | - | 1.22% | 0.32% | 59.14% |