The Board of Directors at its meeting held today considered and approved the audited financial results (standalone & consolidated) for the quarter and year ended 31st march 2026 and recommended ....
ULTRAMAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ultramarine & Pigments Ltd reported audited FY26 results with standalone revenue of Rs 707.77 crore (up 6.7%) and consolidated revenue of Rs 774.77 crore (up 11.5% vs FY25). Standalone PAT grew 7.7% to Rs 75.05 crore while consolidated PAT rose 7.6% to Rs 80.77 crore. EPS improved to Rs 27.66 on consolidated basis. Exceptional items for FY26 included Rs 597 lakh compensation from NHAI for land acquisition offset by Rs 357 lakh gratuity charge due to new labour codes. The Board also approved a Rs 250 crore capex project to set up a 2500 MT pigment manufacturing facility at SIPCOT Industrial Park, Tamil Nadu, and recommended a dividend of Rs 6 per share. Auditors issued unqualified opinions on both standalone and consolidated financials.
The company delivered steady profit growth with strong cash generation. The Rs 250 crore capex investment signals expansion in core pigments business. Shareholders can expect dividend income while the capital expenditure may temporarily impact near-term returns.