ULTRAMARINE & PIGMENTS L (ULTRAMAR) financials

ULTRAMARINE & PIGMENTS L (ULTRAMAR) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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.

Market Cap: ₹1,144Cr.
Current Price: ₹393
Stock P/E: 14.0
ROE: 7.64%
ROCE: 10.1%
Book Value: ₹291
Dividend Yield: 1.53%
52W High / Low: ₹490/364

In Jun 2026, ULTRAMARINE & PIGMENTS L (ULTRAMAR) reported sales ₹219 Cr and net profit ₹28 Cr.

Annual TTM: sales ₹757 Cr, net profit ₹84 Cr.

Shareholding: Promoters 35.49% (Sep 2026), FIIs 1.69% (Sep 2026), DIIs 0.78% (Sep 2026), Public 62.02% (Sep 2026), No. of Shareholders 18,942% (Sep 2026).

ULTRAMAR quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	154	164	182	169	181	178	180	219
Expenses	130	134	158	144	155	151	159	181
Operating Profit	24	29	24	25	26	27	21	38
OPM %	16%	18%	13%	15%	14%	15%	12%	17%
Other Income	5	2	2	3	5	8	1	6
Interest	1	1	1	1	1	1	1	0
Depreciation	4	4	4	4	5	5	5	5
Profit before tax	24	27	22	22	26	29	16	38
Tax %	23%	26%	27%	25%	23%	21%	24%	26%
Net Profit	18	20	16	17	20	23	12	28
EPS in Rs	6.23	6.76	5.43	5.70	6.85	7.99	4.24	9.58
Raw PDF	—	—	—	—	—	—	—	—

ULTRAMAR profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	306	308	491	541	526	651	707	757
Expenses	230	232	407	448	445	549	608	646
Operating Profit	77	76	84	93	80	102	99	112
OPM %	25%	25%	17%	17%	15%	16%	14%	15%
Other Income	11	9	9	12	11	12	17	20
Interest	2	2	4	4	4	4	3	2
Depreciation	9	9	12	14	16	17	19	19
Profit before tax	78	75	78	88	71	93	94	110
Tax %	20%	26%	25%	24%	24%	25%	23%	—
Net Profit	62	56	58	66	54	70	72	84
EPS in Rs	21.24	19.11	19.98	22.76	18.43	23.86	24.77	28.66
Dividend Payout %	24%	26%	25%	22%	27%	25%	24%	—

ULTRAMAR balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	6	6	6	6	6	6	6	6
Reserves	379	297	455	854	727	887	956	844
Borrowings	0	29	38	42	48	44	35	23
Other Liabilities	46	50	61	79	67	88	96	120
Total Liabilities	431	381	560	980	848	1,025	1,092	993
Fixed Assets	79	91	119	142	157	185	205	220
CWIP	2	35	23	15	21	2	12	20
Investments	232	105	194	595	425	576	594	464
Other Assets	118	149	225	228	246	261	281	289
Total Assets	431	381	560	980	848	1,025	1,092	993

ULTRAMAR cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	30	48	57	37	71	67	69	104
Cash from Investing Activity	-2	-39	-20	-60	-49	-34	-3	-117
Cash from Financing Activity	-15	-16	13	-18	-17	-23	-53	-31
Net Cash Flow	13	-8	50	-41	6	9	13	-44
Free Cash Flow	23	6	26	10	42	41	47	63
CFO/OP	78%	87%	99%	65%	99%	105%	90%	125%

ULTRAMAR shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	40.86%	40.62%	40.50%	40.50%	40.45%	40.50%	40.49%	35.49%
FIIs	1.22%	1.15%	1.12%	1.05%	1.04%	1.24%	1.42%	1.69%
DIIs	0.63%	0.95%	1.26%	1.33%	1.40%	0.68%	0.64%	0.78%
Public	57.28%	57.28%	57.12%	57.11%	57.11%	57.59%	57.45%	62.02%
No. of Shareholders	18,931	18,721	18,804	19,762	19,296	18,689	18,494	18,942

ULTRAMAR key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	39	47	52	29	29	39	44	38
Inventory Days	70	93	93	92	102	99	72	74
Days Payable	57	80	91	50	51	66	47	66
Cash Conversion Cycle	53	59	54	71	79	72	69	47
Working Capital Days	47	85	93	84	73	79	62	47
ROCE %	16%	22%	18%	12%	11%	9%	10%	10%

ULTRAMARUpdated 13 Oct 2026, 19:58

Ultramarine & Pigments L

ULTRAMARUpdated 13 Oct 2026, 19:58

Market Cap

₹1,144Cr.

Current Price

₹393

High / Low

₹490/364

Stock P/E

14.0

ROE7.64%

ROCE10.1%

Book Value₹291

Face Value₹2.00

Dividend Yield1.53%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	123	1	100	2	4	21	26	15	5.29
Sep 2023	137	1	117	5	4	20	22	16	5.42
Dec 2023	140	1	120	2	4	17	26	12	4.22
Mar 2024	126	1	109	2	4	13	24	10	3.5
Jun 2024	152	1	128	3	4	21	25	16	5.43
Sep 2024	154	1	130	5	4	24	23	18	6.23
Dec 2024	164	1	134	2	4	27	26	20	6.76
Mar 2025	182	1	158	2	4	22	27	16	5.43
Jun 2025	169	1	144	3	4	22	25	17	5.7
Sep 2025	181	1	155	5	5	26	23	20	6.85
Dec 2025	178	1	151	8	5	29	21	23	7.99
Mar 2026	180	1	159	1	5	16	24	12	4.24
Jun 2026	219	0	181	6	5	38	26	28	9.58

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	172	0	143	2	3	28	32	19	6.42
Mar 2016	220	0	183	5	3	39	30	27	9.37
Mar 2017	255	1	205	3	4	48	33	32	11.12
Mar 2018	277	1	217	9	5	63	31	44	14.95
Mar 2019	307	1	236	16	6	80	30	56	19.34
Mar 2020	306	2	230	11	9	78	20	62	21.24
Mar 2021	308	2	232	9	9	75	26	56	19.11
Mar 2022	491	4	407	9	12	78	25	58	19.98
Mar 2023	541	4	448	12	14	88	24	66	22.76
Mar 2024	526	4	445	11	16	71	24	54	18.43
Mar 2025	651	4	549	12	17	93	25	70	23.86
Mar 2026	707	3	608	17	19	94	23	72	24.77
TTM	757	2	646	20	19	110	—	84	28.66

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	35.49%
FIIs	1.69%
DIIs	0.78%
Public	62.02%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	41.07%	0.84%	0.82%	57.25%
Mar 2024	41.04%	1.21%	0.24%	57.51%
Jun 2024	41.04%	1.28%	0.32%	57.34%
Sep 2024	40.86%	1.22%	0.32%	57.61%
Dec 2024	40.86%	1.22%	0.63%	57.28%
Mar 2025	40.62%	1.15%	0.95%	57.28%
Jun 2025	40.5%	1.12%	1.26%	57.12%
Sep 2025	40.5%	1.05%	1.33%	57.11%
Dec 2025	40.45%	1.04%	1.4%	57.11%
Mar 2026	40.5%	1.24%	0.68%	57.59%
Jun 2026	40.49%	1.42%	0.64%	57.45%
Sep 2026	35.49%	1.69%	0.78%	62.02%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	6	94	0	39	138	38	2	13	86	138
Mar 2016	6	109	0	38	153	52	2	15	84	153
Mar 2017	6	308	0	48	361	60	0	207	94	361
Mar 2018	6	505	0	52	563	70	1	400	93	563
Mar 2019	6	379	0	46	431	79	2	232	118	431
Mar 2020	6	297	29	50	381	91	35	105	149	381
Mar 2021	6	455	38	61	560	119	23	194	225	560
Mar 2022	6	854	42	79	980	142	15	595	228	980
Mar 2023	6	727	48	67	848	157	21	425	246	848
Mar 2024	6	887	44	88	1025	185	2	576	261	1025
Mar 2025	6	956	35	96	1092	205	12	594	281	1092
Mar 2026	6	844	23	120	993	220	20	464	289	993

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	23	-8	-11	4
Mar 2016	28	-9	-23	-5
Mar 2017	30	-27	0	3
Mar 2018	55	-41	-15	-1
Mar 2019	30	-2	-15	13
Mar 2020	48	-39	-16	-8
Mar 2021	57	-20	13	50
Mar 2022	37	-60	-18	-41
Mar 2023	71	-49	-17	6
Mar 2024	67	-34	-23	9
Mar 2025	69	-3	-53	13
Mar 2026	104	-117	-31	-44

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	47	44	49	34	39	47	52	29	29	39	44	38
Inventory Days	102	71	73	68	70	93	93	92	102	99	72	74
Days Payable	54	57	71	78	57	80	91	50	51	66	47	66
Cash Conversion Cycle	94	58	51	25	53	59	54	71	79	72	69	47
Working Capital Days	61	54	47	37	47	85	93	84	73	79	62	47
ROCE %	29%	37%	23%	15%	16%	22%	18%	12%	11%	9%	10%	10%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of ULTRAMARINE & PIGMENTS L (ULTRAMAR)?

The reported market capitalisation for ULTRAMARINE & PIGMENTS L (ULTRAMAR) is ₹1,144Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of ULTRAMAR?

The current price shown for ULTRAMARINE & PIGMENTS L (ULTRAMAR) on Fincrux is ₹393 with a 52-week high/low of ₹490/364.

What is the P/E ratio of ULTRAMARINE & PIGMENTS L (ULTRAMAR)?

The stock P/E for ULTRAMARINE & PIGMENTS L (ULTRAMAR) is 14.0 on Fincrux, with ROE at 7.64% and ROCE at 10.1%.

What were ULTRAMAR latest quarterly results?

For Jun 2026, ULTRAMARINE & PIGMENTS L (ULTRAMAR) reported sales ₹219 Cr and net profit ₹28 Cr (figures in ₹ crore unless noted).

What are ULTRAMAR annual sales and net profit?

For TTM, ULTRAMARINE & PIGMENTS L (ULTRAMAR) shows sales of ₹757 Cr and net profit of ₹84 Cr on the Fincrux profit & loss statement.

Who owns ULTRAMARINE & PIGMENTS L (ULTRAMAR)?

Latest shareholding for ULTRAMARINE & PIGMENTS L (ULTRAMAR) on Fincrux: Promoters 35.49% (Sep 2026), FIIs 1.69% (Sep 2026), DIIs 0.78% (Sep 2026), Public 62.02% (Sep 2026), No. of Shareholders 18,942% (Sep 2026).

Where can I find ULTRAMARINE & PIGMENTS L (ULTRAMAR) financials?

ULTRAMARINE & PIGMENTS L (ULTRAMAR) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show ULTRAMAR balance sheet and cash flow?

Yes. The ULTRAMARINE & PIGMENTS L (ULTRAMAR) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 13 October 2026 at 19:58