Ultramarine & Pigments Ltd
Ultramarine & Pigments Ltd (ULTRMARINE)

Ultramarine & Pigments Ltd (ULTRMARINE)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return9.45 %
3 Month Return10.93 %
1 Year Return-6.28 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 124
Rank 89
Rank 88
Dividend Yield
Rank 55
Rank 167
Price To Book Ratio
Rank 114
Debt To Asset
Rank 291

Company Information

Established in 1960 Ultramarine Pigments has its manufacturing facilities at Ambattur Madras and Ranipet in North Arcot Tamilnadu. It is the largest manufacturer of ultramarine blue and synthetic detergents. The company also manufactures ultramarine colours organic and inorganic pigments metal powders chemicals raw materials for the paint industry varnishes enamels oils and plastics. The company was exporting to the Soviet Union. At present the company exports its products the US and Europe.This is the only company in India to receive the ISO 9002 certification for both laundry and industrial grades of ultramarine blue.In 1987 the company diversified by setting up a unit to manufacture HDPE woven sacks. In 1995 the company purchased about 150 acres of land in Coimbatore Tamilnadu and set up four windmills which can generate one MW of electricity pa. The company also set up a new plant in Sep.95 to manufacture synthetic detergent bars/cakes with an installed capacity of 15000 mtpa.In 199596 the company issued bonus shares in the ratio 1:1. Its new plant to manufacture alkyl benzene sulphonic acid with a capacity of 16000 mtpa commenced production in Apr.96. During 199697 the company has set up a Linear Alkyl Benzene Sulphonic Acid plant with an installed capacity of 16000 mtpa was commissioned. The Blue plant expansion at Ranipet by about 1500 mtpa is in full swing and the commercial production will be commenced shortly. In 199798 the company expanded the installed capacity of its Ultramarine Blue by 1500 MT.The company has amalgamated with Sri Narasimha Plastic Industries Pvt. Ltd. in 19992000 which will enable the company to carry out the combined HDPE business more economically and advantageously. Also during the year the ultramarine blue unit and detergent unit at Ranipet has been awarded ISO 9002 Certificate. The IT Enabled Services Division of the company has started functioning at Chennai.During 20002001the company received ISO 14001 Certificate for Blue and Detergent Divisions at Ranipet.The company has expanded the installed capacity of HDPE/PP Woven Fabric during the year 200304 by 180 MT and with this expansionthe total capacity has risen to 900 MT.
OrganisationUltramarine & Pigments Ltd