Ultramarine & Pigments share price today

Ultramarine & Pigments Ltd's share price was ₹365.15 at the close on 4 November 2026. It has been falling for 1 week. That is 11.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹350 and ₹453, and at that close it sat 14% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Ultramarine & Pigments Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running.

Over the last 11 years the share price moved +221% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 10 quarters in a row, promoters cut their stake by 5 points in one quarter and highest quarterly profit in 15 quarters.

1. Revenue up on a year earlier for 10 quarters in a row

   In the June 2026 quarter revenue was ₹240 crore, +30.4% on a year earlier.

2. Promoters cut their stake by 5 points in one quarter

   From 40.5% to 35.5% in the September 2026 quarter.

3. Highest quarterly profit in 15 quarters

   Profit of ₹32 crore in the June 2026 quarter is the highest of the last 15 quarters.

For April to June 2026 (the quarter ended 30 June 2026), Ultramarine & Pigments reported revenue of ₹240 crore, up 30.4% from ₹184 crore a year earlier, and a profit of ₹32.0 crore, up 60.0% from ₹20.0 crore.

Ultramarine & Pigments results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Ultramarine & Pigments closed at ₹365.15 on 4 November 2026, down 17.2% from ₹441.25 a year earlier (7 November 2025) and down 13.0% over five years. Its highest weekly close since March 2016 was ₹567.85 on 20 December 2024.

Ultramarine & Pigments share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

558 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Ultramarine & Pigments closed at ₹365.15, up 4.2% on the week and down 10.1% on the month. 14 Jul 2026: ex-date for a dividend of ₹6 a share.

Earlier

• Results for April to June 2026: Revenue up 30.4% and profit up 60.0% on a year earlier.

Ultramarine & Pigments paid ₹6 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.64% at the ₹365.15 close on 4 November 2026. The last was a dividend of ₹6 a share, ex-date 14 July 2026.

Ultramarine & Pigments dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Ultramarine & Pigments Ltd paid out 22% of its profit as dividends in FY26, and it paid a dividend in each of its last 7 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Ultramarine & Pigments is on one of our India lists: Dividend stocks.

Ultramarine & Pigments Ltd earned ₹32.0 Cr of net profit in the Jun 2026 quarter, +60.0% on the same quarter a year earlier. Full-year FY26 profit was ₹81.0 Cr. Over 6 years profit has grown 4.6% a year on average. That is 13.3% of the quarter's revenue. The same quarter a year earlier earned ₹20.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹81.0 Cr (+8.0% on the year before).

Why profit moved: revenue changed +30.4% on a year earlier and the margin moved +2.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +14.9% and revenue +15.9%. Profit and revenue are moving at about the same pace.

Ultramarine & Pigments Ltd reported ₹240 Cr of revenue in the Jun 2026 quarter, +30.4% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 6 years it has grown 16.8% a year on average. The last full year, FY26, came in at ₹775 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹831 Cr.

FY26 revenue was ₹775 Cr, +11.5% on the year before.

Recent pace: the last four quarters grew +15.9% on average, against 16.8% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +15.6%, against +18.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +16.5%, against +25.9% a year (rolling over).

Ultramarine & Pigments Ltd's operating margin was 19.0% in the Jun 2026 quarter, 2.0 percentage points higher than the same quarter a year ago. Across 7 years it has been between 16.0% and 25.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.7 percentage points on the year while gross margin changed −1.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 138% of Ultramarine & Pigments Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹128 Cr of operating cash against ₹81.0 Cr of profit. After ₹70.0 Cr of spending on assets, ₹58.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 138% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 2.9× depreciation over three years. The next section checks what that spending is building.

Ultramarine & Pigments Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 56 days in FY26, up from 54 days in FY21. It spent ₹209 Cr on assets over the last 3 years. Customers take 38 days to pay, and stock sits for 88 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹775 Cr, each day of that cycle ties up about ₹2.1 Cr, so roughly ₹119 Cr is tied up in the business at any time.

FY26: customers took 38 days to pay and stock sat for 88 days, about 2.9 months of sales sitting as stock, for a full cycle of 56 days, longer than FY21's 54.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 88 days. Customers pay about 38 days after that. Suppliers are paid at 69 days. Together that makes the 56-day cycle.

Spending on assets: ₹209 Cr over the last 3 years, against ₹73.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹30.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Ultramarine & Pigments Ltd's P/E is 11.8×, near the low end of its own history: it has been lower only 7% of the time. Its usual P/E (the middle reading) is 16.8×, over 6.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹31.58.