Ultramarine FY26 Net Profit Rises, Approves ₹250 Cr Project
Ultramarine & Pigments reported a rise in consolidated net profit to ₹807.7 million for FY26, with revenue growing to ₹7.75 billion. The Board recommended a final dividend of ₹6 per share and approved a ₹250 Crore greenfield project in Tamil Nadu to expand capacity by 2500 MT.

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Ultramarine & Pigments reported its audited financial results for the financial year ended March 31, 2026. The company's consolidated net profit for the year rose to ₹807.7 million, compared to ₹750.5 million in the previous year. Revenue from operations increased to ₹7.75 billion from ₹6.95 billion in the corresponding period of the prior year.
Financial Performance
The company demonstrated growth across key financial metrics during the fiscal year. The following table summarizes the consolidated annual performance:
| Metric: | FY 2026 (₹ in Lakhs) | FY 2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations: | 77477 | 69471 |
| Total Income: | 78641 | 70710 |
| Net Profit for the Period: | 8077 | 7505 |
| Basic EPS (₹): | 27.66 | 25.70 |
For the quarter ended March 31, 2026, the company recorded a consolidated net profit of ₹141.5 million on revenue of ₹1.99 billion. Standalone net profit for the quarter stood at ₹123.9 million.
Dividend Declaration
The Board of Directors has recommended a final dividend of ₹6 per share for the financial year ended March 31, 2026. This dividend is applicable on equity shares of ₹2 each and is subject to approval by the shareholders at the Annual General Meeting.
Operational Highlights
The Board approved a greenfield project for the manufacture of inorganic pigments at SIPCOT Industrial Park, Manapparai, Tiruchirappalli, Tamil Nadu. The project entails an investment of ₹250 Crores and will add a proposed capacity of 2500 MT. The funding will be a mix of internal accruals and term loan, with capacity to be added in a phased manner over the course of FY 27-28 and FY28-29. The financial results were reviewed by the Audit Committee on May 20, 2026, and subsequently approved by the Board.
Historical Stock Returns for Ultramarine & Pigments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.61% | +0.76% | -0.69% | -0.69% | -0.69% | -0.69% |


































