Ultramarine & Pigments Limited reported a standalone revenue of ₹707 crore for the financial year ended March 31, 2026, registering a 9% increase compared to the previous year. Profit after tax for the period stood at ₹72.32 crore, while profit before tax was ₹93.86 crore. On a consolidated basis, revenue reached ₹775 crore, a 12% rise, with a profit after tax of ₹80.77 crore.

The Board of Directors has recommended a dividend of ₹6 per equity share of ₹2 each for the financial year ended March 31, 2026, subject to shareholder approval. The record date for determining eligibility for the dividend has been set as July 14, 2026.

Financial Performance

The company's standalone financial results for the year ended March 31, 2026, are summarized below:

Operational Highlights

During the year, the company achieved overall revenue growth led by surfactants, with improved volumes and realizations. The Inorganic Pigments segment reported revenue of ₹164 crore, while the Surfactants and Specialities segment saw revenue increase by 14% to ₹489 crore. The IT-enabled Services division reported an income of ₹52 crore.

Board Meeting and AGM

The 65th Annual General Meeting of the company is scheduled to be held on July 22, 2026, at 10.30 a.m. IST through video conferencing. The meeting will transact ordinary business, including the adoption of financial statements and the declaration of dividend, as well as special business regarding the ratification of the remuneration payable to cost auditors.

ultramarine & pigments has approved a greenfield project for the manufacture of inorganic pigments at SIPCOT Industrial Park, Manapparai, Tiruchirappalli, Tamil Nadu. The decision was taken by the Board of Directors at its meeting held on May 20, 2026. The company disclosed this information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The project involves a total investment of ₹250 Crores. It aims to establish a proposed capacity of 2500 MT for inorganic pigments. The company stated that the rationale behind this expansion is to meet future demand.

Project Details

The capacity addition will be executed in a phased manner. The implementation is scheduled over the course of FY 27-28 and FY 28-29. The funding for the project will be managed through a mix of internal accruals and term loan.

The Board meeting commenced at 11.00 A.M. (IST) and concluded at 03.40 P.M. (IST) on May 20, 2026.