Ultramarine & Pigments , a leading manufacturer of inorganic pigments, has reported mixed financial results for the second quarter of the fiscal year 2025-26. The company saw an increase in revenue but experienced a decline in net profit compared to the previous quarter.

Key Financial Highlights

Revenue Growth

Ultramarine & Pigments demonstrated resilience in its top-line performance, with revenue increasing to ₹1,960.00 crore in Q2 FY2025-26, up from ₹1,840.00 crore in the previous quarter. This represents a quarter-on-quarter growth of 6.52%, indicating improved sales and market demand for the company's products.

Profit Decline

Despite the revenue growth, the company experienced a slight decline in its bottom line. The net profit decreased to ₹193.60 crore in Q2 FY2025-26, compared to ₹201.90 crore in Q1 FY2025-26, marking a 4.11% reduction.

EBITDA Performance

The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a marginal decrease, falling from ₹317.90 crore in Q1 to ₹316.50 crore in Q2 FY2025-26. This represents a slight decline of 0.44% quarter-on-quarter.

Margin Compression

Ultramarine & Pigments experienced a compression in its EBITDA margin, which decreased from 17.24% in Q1 to 16.14% in Q2 FY2025-26. This 110 basis points reduction in margin may indicate increased costs or pricing pressures in the market.

Conclusion

While Ultramarine & Pigments has shown strong revenue growth, the decline in profitability and margin compression are notable aspects of its Q2 FY2025-26 performance. The company's ability to navigate market challenges while capitalizing on growth opportunities may be crucial for its performance in the coming quarters.

Ultramarine & Pigments Limited , a leading manufacturer of inorganic pigments, has announced its unaudited financial results for the first quarter ended June 30, 2025, showcasing robust growth across key financial metrics.

Consolidated Performance Highlights

The company reported a significant year-on-year increase in its consolidated revenue from operations, which rose by 37% to ₹16,054.00 lakhs in Q1 FY26, compared to ₹11,701.00 lakhs in the same quarter of the previous year. This substantial growth reflects the company's strong market position and increased demand for its products.

Ultramarine & Pigments' consolidated net profit after tax for the quarter stood at ₹2,019.00 lakhs, marking a notable 22% increase from ₹1,654.00 lakhs in Q1 FY25. This improvement in profitability demonstrates the company's ability to effectively manage costs while driving revenue growth.

The company's earnings per share (EPS) on a consolidated basis also saw a significant improvement, rising to ₹6.91 in Q1 FY26 from ₹5.66 in the corresponding quarter of the previous year, representing a 22% increase.

Standalone Performance

On a standalone basis, Ultramarine & Pigments reported a revenue from operations of ₹15,170.00 lakhs for Q1 FY26, compared to ₹16,867.00 lakhs in the previous quarter. The company's standalone net profit after tax stood at ₹1,653.00 lakhs, slightly higher than the ₹1,587.00 lakhs reported in the preceding quarter.

The standalone earnings per share for Q1 FY26 was ₹5.70, showing a modest improvement from ₹5.44 in the previous quarter.

Segment-wise Performance

The company's financial results reveal strong performance across its business segments:

Management Commentary

Tara Parthasarathy, Managing Director of Ultramarine & Pigments Limited, commented on the results, saying, "We are pleased with our strong start to the fiscal year 2025-26. The significant growth in our consolidated revenue and profitability reflects the resilience of our business model and the increasing demand for our products. We remain committed to delivering value to our shareholders while focusing on sustainable growth and innovation."

Looking Ahead

With a robust balance sheet and positive momentum across its business segments, Ultramarine & Pigments Limited appears well-positioned for continued growth in the coming quarters. The company's focus on its core chemicals business, coupled with its investments in IT services and renewable energy, demonstrates a balanced approach to long-term value creation.

Investors and stakeholders will be keenly watching the company's performance in the subsequent quarters to see if this growth trajectory can be maintained amidst evolving market conditions.

Note: The financial results discussed in this article are based on the unaudited financial statements for the quarter ended June 30, 2025, as approved by the company's Board of Directors on July 23, 2025.