Ultramarine & Pigments logo

Ultramarine & Pigments share price

NSE: ULTRAMARBSE: 506685Chemicals & PetrochemicalsSmall Cap

Last close ₹363.75down ₹7.40 (1.99%)BSE ₹363.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹371.15.

52-week range of BSE trades to 23 Oct 2026
₹359.00Low, 23 Oct 2026₹490.00High, 24 Oct 2025
Market cap
₹1,062 Cr1,387th largest listed
P/E
11.5
P/B
1.2
Dividend yield
1.65%
ROE
10.0%
ROCE
11.5%
Debt to equity
0.09
Volume, NSE
33,38059.8% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Apr 2026, adjusted for splits and bonuses

−24.3%over a year on BSE closes · Nifty 500 −9.8%

DividendThe returns and 20-session average are on BSE closes, where the record is longest.20-session average 73,572 shares a day

Results

Standalone, as consolidated accounts are on record for only 7 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 7 Aug

Revenue
₹219 Crup 21.81%
Net profit
₹28 Crup 125.93%
Net margin
12.8%

Revenue by year

Peak revenue ₹707 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 8 NovDec 2024Filed 8 FebMar 2025Filed 30 OctJun 2025Filed 23 JulSep 2025Filed 8 NovDec 2025Filed 11 FebMar 2026Filed 20 MayJun 2026Filed 7 Aug
Revenue154164182169181178180219
Net profit1820161720231228
Net margin11.8%12.1%8.7%9.9%11.1%13.1%6.9%12.8%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Chemicals and allied products₹723 Crup 11.16%92.5%
  • IT enabled services₹52 Crup 16.78%6.7%
  • Windmill₹6 Cr0.8%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 12% of 2,331 trading days since May 2017.

LowestHighest
Its median16.5Industry median17.4
Price to book

At or below today's level on 22% of 1,940 trading days since Nov 2018.

LowestHighest
Its median1.4Industry median1.4
EV to EBITDA7.9

At or below today's level on 14% of 1,940 trading days since Nov 2018.

LowestHighest
Its median11.0Industry median12.9
Dividend yield

At or below today's level on 70% of 2,473 trading days over the last 10 years.

LowestHighest
Its median1.45%Industry median0.45%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−21.1%+3.8%−25.6%1.6%
3 years+5.5%+2.9%+1.1%1.5%
5 years+6.1%+5.3%−0.7%1.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters35.49%
  • Foreign institutions1.69%
  • Indian institutions0.78%
  • Individuals and others62.03%
Holder
THIRUMALAI CHEMICALS LIMITEDPromoter9.38%
SHIVANI TEJAS TRIVEDIResident individuals, over ₹2 lakh at face value4.88%
SAMPATH FAMILY TRUSTPromoter4.37%
SUJATA SAMPATH FAMILY TRUSTPromoter4.37%
INDIRA SUNDARARAJANPromoter3.67%
BHOOMA PARTHASARATHY FAMILY TRUSTPromoter3.35%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Dyes And Pigments, 17 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Ultramarine & Pigments in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Kiri Industries logoKiri IndustriesKIRIINDUS3,061–––+10.7%––−3.6%0.00%
Bodal Chemicals logoBodal ChemicalsBODALCHEM1,78025.91.514.0+27.6%+135.1%6.1%5.8%0.00%
Bhageria Industries logoBhageria IndustriesBHAGERIA1,54722.42.614.2+56.8%+50.8%11.9%11.7%0.71%
Shree Pushkar Chemicals & Fertilisers logoShree Pushkar Chemicals & FertilisersSHREEPUSHK1,52021.12.516.1+15.6%+8.0%12.5%10.6%0.45%
Sudarshan Colorants India logoSudarshan Colorants IndiaSUDARCOLOR75715.81.38.8−8.1%−24.5%8.7%6.9%0.00%
Asahi Songwon Colors logoAsahi Songwon ColorsASAHISONG41512.01.57.7−0.6%+95.2%13.2%11.9%0.43%
AksharChem India logoAksharChem IndiaAKSHARCHEM31310.91.18.0+32.6%+1,397.9%10.4%8.8%0.13%
Poddar Pigments logoPoddar PigmentsPODDARMENT26517.40.811.9+3.6%−21.3%4.3%3.5%1.60%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹6.00 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
14 Jul 2026Final₹6.00
16 Jul 2025Final₹6.00
18 Jul 2024Final₹5.00
14 Jul 2023Final₹5.00
14 Jul 2022Final₹5.00
7 Jul 2021Final₹5.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Ultramarine & Pigments share price by year

Each calendar year to 2025.Ultramarine & Pigments share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close419.35−21.7%598.80400.95
2024BSE close535.75+29.8%568.60331.40
2023BSE close412.60+22.6%453.90313.45
2022BSE close336.65−10.5%406.60292.80
2021BSE close376.15+57.5%506.65242.25
2020BSE close238.90+33.1%295.20104.85
2019BSE close179.45−28.2%262.70165.40
2018BSE close249.80−36.3%388.15215.80
2017BSE close392.10+139.4%403.55165.00
2016BSE close163.80+40.7%206.1095.60
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026370.20371.15357.90363.75362.5533,38059.8%
22 Oct 2026380.30382.65370.00371.15372.171,71,91284.0%
21 Oct 2026389.55389.65375.05378.85384.1544,31463.4%
19 Oct 2026397.00398.10386.95389.65390.1517,11651.0%
16 Oct 2026390.50401.35389.00396.00394.7034,39040.8%
15 Oct 2026396.70396.70389.00392.70390.8927,51966.3%
14 Oct 2026388.20395.50388.20393.40393.3727,38077.4%
13 Oct 2026397.25397.65383.90392.60390.111,14,94770.0%
12 Oct 2026397.00402.10392.85397.10397.5557,01055.5%
9 Oct 2026400.10403.20396.35398.55399.7484,99674.8%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Ultramarine & Pigments Limited
NSE symbol
ULTRAMAR
BSE code
506685
ISIN
INE405A01021
Industry
Chemicals & Petrochemicals
Listed
Feb 1961
Face value
₹2
CIN
L24224MH1960PLC011856
Corporate identity number, the registrar of companies' code for it