Ultramarine & Pigments Ltd., one of India’s established inorganic pigment manufacturers, announced its unaudited financial results for the quarter and half year ended 30 September 2025. The Board of Directors approved the results during its meeting held on 8 November 2025 in Chennai.
The company registered stable growth across revenue, profitability, and assets, supported by consistent performance in its core segment of chemicals and allied products. Both standalone and consolidated results showed healthy momentum compared to previous quarters.
Revenue Maintains Upward Traction
For Q2 FY2025–26, the company reported standalone revenue from operations of ₹18,599 lakh, an improvement over the previous quarter’s ₹15,366 lakh. Consolidated revenue reached ₹19,846 lakh, reflecting continued demand for ultramarine products and chemical intermediates.
The chemicals and allied products segment remained the dominant contributor, posting standalone segment revenue of ₹17,006 lakh and consolidated segment revenue of ₹17,907 lakh for the quarter.
Profits Show Consistent Strength
Standalone profit before tax for the quarter stood at ₹2,598 lakh, while consolidated PBT closed at ₹2,581 lakh. After tax, the company delivered a standalone profit of ₹1,999 lakh, with consolidated profit at ₹1,936 lakh.
Total comprehensive income for the quarter was reported at ₹839 lakh on a standalone basis and ₹776 lakh on a consolidated basis, supported by stable operating margins and strong internal cost discipline.
Earnings per share remained stable, with standalone EPS at ₹6.85 and consolidated EPS at ₹6.63.
Half-Year Highlights
For the first half of FY2025–26, Ultramarine & Pigments Ltd. posted consolidated revenue of ₹38,557 lakh, while standalone revenue reached ₹34,954 lakh. The half-year standalone profit after tax was ₹3,662 lakh, and consolidated profit after tax amounted to ₹3,954 lakh, underscoring solid performance across both units and subsidiaries.
The company’s wholly owned subsidiary, Ultramarine Specialty Chemicals Ltd., also commissioned the remaining portion of its planned production capacity during the quarter, supporting future growth potential.
Strong Balance Sheet Position
Total standalone assets stood at ₹1,20,548 lakh, and consolidated assets at ₹1,29,012 lakh, reaffirming the organisation’s strong financial position. Equity continued to remain healthy, with no significant changes in capital structure.
Cash flow statements indicated steady inflows from operations across both standalone and consolidated performance.
Auditors Deliver Clean Review
Independent auditors Sundaram & Srinivasan issued clean, unmodified limited review reports for both standalone and consolidated results. The reports confirmed that the company’s financial statements complied with Indian Accounting Standards and SEBI’s disclosure requirements.
Regulatory Disclosures Completed
The company has confirmed that extracts of the results will be published in newspapers in accordance with SEBI’s Listing Regulations. The complete set of financial results and related filings will be available on the company’s official website.
With steady performance through the first half of the year and expanded capacity at its specialty chemicals subsidiary, Ultramarine & Pigments Ltd. enters the next quarters on a stable growth trajectory.