ULTRAMARINE & PIGMENTS Ltd

Net profit of Ultramarine & Pigments rose 3.92% to Rs 19.36 crore in the quarter ended September 2025 as against Rs 18.63 crore during the previous quarter ended September 2024. Sales rose 21.87% to Rs 196.07 crore in the quarter ended September 2025 as against Rs 160.89 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales196.07160.89 22 OPM %16.1416.89 - PBDT32.4129.91 8 PBT25.8124.21 7 NP19.3618.63 4 Powered by Capital Market - Live

Net profit of Ultramarine & Pigments rose 9.96% to Rs 19.99 crore in the quarter ended September 2025 as against Rs 18.18 crore during the previous quarter ended September 2024. Sales rose 17.71% to Rs 180.87 crore in the quarter ended September 2025 as against Rs 153.66 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales180.87153.66 18 OPM %14.4015.70 - PBDT30.5627.86 10 PBT25.9823.64 10 NP19.9918.18 10 Powered by Capital Market - Live

Ultramarine & Pigments has revised the meeting of the Board of Directors which was scheduled to be held on 7 November 2025. The meeting will now be held on 8 November 2025.Powered by Capital Market - Live

Ultramarine & Pigments will participate in the fund raising undertaken by Thirumalai Chemicals (TCL) by way of issuance of equity shares on a preferential allotment basis to promoter and promoter group. Company is a promoter group of TCL and its current holding in the equity shares of TCL is 77.24% of the total paid up capital. The Board of Directors of the Company at its meeting held on 28 October 2025 has accorded its in-principle approval to participate in the abovementioned fund raising upto Rs.45 crore.Powered by Capital Market - Live

Ultramarine & Pigments will hold a meeting of the Board of Directors of the Company on 7 November 2025.Powered by Capital Market - Live

The agency has also affirmed the company's short-term rating at '[ICRA] A1+'. ICRA stated that the reaffirmation of the ratings takes into consideration Ultramarine and Pigments' (UPL) established track record as a manufacturer of ultramarine blue pigments and surfactants. Further, the company has long-standing relationships with its customers. The ratings also factor in a strong financial risk profile and healthy revenues in FY2025. Further, the capital structure remains comfortable with low debt levels and healthy coverage indicators. The ratings, however, are constrained by product concentration risk in the pigment segment as the company manufactures majorly a single product' ultramarine blue. While the company is making efforts to develop new products, a successful induction and market development of such products leading to a meaningful diversification of the revenue stream remains to be seen. The company's profitability is exposed to the fluctuation in raw material prices. The profitability is further exposed to forex risks because of the significant exports. However, the impact is minimised to an extent by natural hedging as a part of the raw material is imported. Ultramarine & Pigments has its manufacturing facilities at Ambattur (Chennai), Ranipet (North Arcot, Tamil Nadu) and Naidupeta, Andhra Pradesh. It is one of the major manufacturers of ultramarine blue pigments and surfactants in India. The company also manufactures detergent powder/liquid (under the brand name OOB) and other inorganic pigments in a smaller scale. Besides, it has an ITeS/BPO division with specialisation in content management, publishing, hospital billing services, etc. UPL also earns a small revenue from its windmill division. The company's consolidated net profit rose 22.07% to Rs 20.19 crore on a 14.85% increase in revenue to Rs 184.38 crore in Q1 FY26 as compared with Q1 FY25. The scrip rose 0.75% to currently trade at Rs 464 on the BSE. Powered by Capital Market - Live

Net profit of Ultramarine & Pigments rose 22.07% to Rs 20.19 crore in the quarter ended June 2025 as against Rs 16.54 crore during the previous quarter ended June 2024. Sales rose 14.85% to Rs 184.38 crore in the quarter ended June 2025 as against Rs 160.54 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales184.38160.54 15 OPM %17.2416.49 - PBDT32.9527.60 19 PBT26.5522.06 20 NP20.1916.54 22 Powered by Capital Market - Live

Ultramarine & Pigments will hold a meeting of the Board of Directors of the Company on 23 July 2025.Powered by Capital Market - Live

Ultramarine & Pigments has fixed 16th July 2025 as the record date for determining entitlement of Members to final dividend for the financial year ended 31st March, 2025.Powered by Capital Market - Live

Ultramarine & Pigments announced that the 64th Annual General Meeting(AGM) of the company will be held on 24 July 2025.Powered by Capital Market - Live