Nifty

:

22414.50

Sensex

:

73863.66

46.50 (0.21%)
125.21 (0.17%)

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Nifty
Sensex

:
:

22414.50
73863.66

46.50 (0.21%)
125.21 (0.17%)

Ultramarine & Pigments Ltd.

Chemicals

Rating :

48/99

BSE: 506685 | NSE: ULTRMARINE

Watchlist

NSE BSE

406.80

23-Apr-2024

Open
High
Low
Previous Close

403.05
419.75
392.00
402.80

Volume
Traded Value (lacs)
52 Week High
52 Week Low

1815
313.80
463.30
306.30

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

1,187.86
20.60
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

1,230.66
1.23%
1.39

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

13.68
12.03
21.78

EBITDA CAGR (%)

10 Years
5 Years
3 Years

13.95
5.56
5.99

PAT CAGR (%)

10 Years
5 Years
3 Years

16.54
3.31
7.44

P:E (Median)

8 Years
5 Years
3 Years

16.04
16.60
17.29

P:BV (Average)

8 Years
5 Years
3 Years

1.46
1.63
1.49

EV:EBITDA (Average)

8 Years
5 Years
3 Years

9.21
10.33
10.69

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 139.64 141.48 -1.30% 137.36 150.83 -8.93% 123.03 130.52 -5.74% 118.58 130.88 -9.40%
Expenses 119.93 114.25 4.97% 117.31 124.79 -5.99% 99.77 104.60 -4.62% 102.54 110.56 -7.25%
EBITDA 19.71 27.23 -27.62% 20.05 26.04 -23.00% 23.26 25.92 -10.26% 16.04 20.32 -21.06%
EBIDTM 14.11% 19.25% 14.60% 17.26% 18.91% 19.86% 13.53% 15.53%
Other Income 1.99 2.15 -7.44% 5.23 7.20 -27.36% 2.17 1.44 50.69% 1.56 0.96 62.50%
Interest 0.99 0.70 41.43% 0.93 0.70 32.86% 0.82 0.78 5.13% 0.83 0.75 10.67%
Depreciation 4.16 3.40 22.35% 4.18 3.39 23.30% 3.82 3.33 14.71% 3.80 3.13 21.41%
PBT 16.55 22.17 -25.35% 20.17 29.15 -30.81% 20.79 23.25 -10.58% 12.97 17.40 -25.46%
Tax 4.22 5.64 -25.18% 4.34 6.08 -28.62% 5.34 6.01 -11.15% 3.34 4.64 -28.02%
PAT 12.33 16.53 -25.41% 15.83 23.07 -31.38% 15.45 17.24 -10.38% 9.63 12.76 -24.53%
PATM 8.83% 11.68% 11.52% 15.30% 12.56% 13.21% 8.12% 9.75%
EPS 4.22 5.66 -25.44% 5.42 7.90 -31.39% 5.29 5.90 -10.34% 3.30 4.37 -24.49%

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 148.22 149.55 -0.89% 146.29 151.66 -3.54% 130.52 130.52 0.00% 124.87 130.28 -4.15%
Expenses 125.23 117.32 6.74% 122.09 125.85 -2.99% 103.59 104.60 -0.97% 104.93 109.97 -4.58%
EBITDA 22.99 32.23 -28.67% 24.20 25.81 -6.24% 26.93 25.92 3.90% 19.94 20.31 -1.82%
EBIDTM 15.51% 21.55% 16.54% 17.02% 20.63% 19.86% 15.97% 15.59%
Other Income 1.69 1.96 -13.78% 4.93 7.00 -29.57% 1.81 1.30 39.23% 1.27 0.96 32.29%
Interest 1.65 1.20 37.50% 1.68 1.04 61.54% 1.60 0.78 105.13% 1.49 0.75 98.67%
Depreciation 5.76 4.25 35.53% 5.49 4.17 31.65% 5.03 3.33 51.05% 5.15 3.13 64.54%
PBT 17.27 25.63 -32.62% 21.96 27.60 -20.43% 22.11 23.11 -4.33% 14.57 17.39 -16.22%
Tax 4.33 6.25 -30.72% 4.71 5.82 -19.07% 5.57 6.01 -7.32% 3.63 4.65 -21.94%
PAT 12.94 19.38 -33.23% 17.25 21.78 -20.80% 16.54 17.10 -3.27% 10.94 12.74 -14.13%
PATM 8.73% 12.96% 11.79% 14.36% 12.67% 13.10% 8.76% 9.78%
EPS 4.43 6.64 -33.28% 5.91 7.46 -20.78% 5.66 5.86 -3.41% 3.75 4.36 -13.99%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales 518.61 541.41 491.02 308.19 306.18 306.86 277.36 255.41 220.23 172.16 150.22 Net Sales Growth -6.34% 10.26% 59.32% 0.66% -0.22% 10.64% 8.59% 15.97% 27.92% 14.61% Cost Of Goods Sold 289.68 287.21 281.56 144.66 133.09 140.80 134.96 126.75 106.70 73.15 60.64 Gross Profit 228.93 254.19 209.46 163.53 173.10 166.06 142.40 128.66 113.53 99.02 89.58 GP Margin 44.14% 46.95% 42.66% 53.06% 56.54% 54.12% 51.34% 50.37% 51.55% 57.52% 59.63% Total Expenditure 439.55 448.76 406.92 232.43 229.73 236.17 216.82 205.15 182.60 142.73 125.12 Power & Fuel Cost - 33.21 24.71 12.83 13.59 14.17 11.95 13.04 11.07 12.89 13.29 % Of Sales - 6.13% 5.03% 4.16% 4.44% 4.62% 4.31% 5.11% 5.03% 7.49% 8.85% Employee Cost - 62.88 46.57 38.60 45.76 42.13 34.96 30.76 31.64 29.25 25.39 % Of Sales - 11.61% 9.48% 12.52% 14.95% 13.73% 12.60% 12.04% 14.37% 16.99% 16.90% Manufacturing Exp. - 20.44 16.64 13.43 14.40 14.53 13.55 13.42 10.41 8.75 7.12 % Of Sales - 3.78% 3.39% 4.36% 4.70% 4.74% 4.89% 5.25% 4.73% 5.08% 4.74% General & Admin Exp. - 16.01 13.76 9.95 11.71 13.68 12.16 12.64 13.41 10.01 11.38 % Of Sales - 2.96% 2.80% 3.23% 3.82% 4.46% 4.38% 4.95% 6.09% 5.81% 7.58% Selling & Distn. Exp. - 19.94 18.71 9.02 7.55 6.27 6.73 5.97 5.63 4.13 2.49 % Of Sales - 3.68% 3.81% 2.93% 2.47% 2.04% 2.43% 2.34% 2.56% 2.40% 1.66% Miscellaneous Exp. - 9.07 4.98 3.94 3.65 4.60 2.50 2.57 3.75 4.57 2.49 % Of Sales - 1.68% 1.01% 1.28% 1.19% 1.50% 0.90% 1.01% 1.70% 2.65% 3.20% EBITDA 79.06 92.65 84.10 75.76 76.45 70.69 60.54 50.26 37.63 29.43 25.10 EBITDA Margin 15.24% 17.11% 17.13% 24.58% 24.97% 23.04% 21.83% 19.68% 17.09% 17.09% 16.71% Other Income 10.95 12.38 9.08 9.63 11.53 10.19 8.75 2.77 4.99 1.73 3.06 Interest 3.57 3.56 3.64 1.67 1.73 0.61 1.04 0.69 0.36 0.49 0.96 Depreciation 15.96 13.92 11.90 8.78 8.62 5.82 4.83 4.16 3.22 3.15 5.61 PBT 70.48 87.54 77.63 74.95 77.63 74.45 63.41 48.18 39.04 27.51 21.59 Tax 17.24 21.07 19.30 19.17 15.62 23.89 19.77 15.71 11.69 8.77 7.19 Tax Rate 24.46% 24.07% 24.86% 25.58% 20.12% 29.73% 31.18% 32.61% 29.94% 31.88% 33.30% PAT 53.24 66.47 58.33 55.79 62.01 56.48 43.64 32.47 27.35 18.74 14.39 PAT before Minority Interest 53.24 66.47 58.33 55.79 62.01 56.48 43.64 32.47 27.35 18.74 14.39 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 10.27% 12.28% 11.88% 18.10% 20.25% 18.41% 15.73% 12.71% 12.42% 10.89% 9.58% PAT Growth -23.51% 13.96% 4.55% -10.03% 9.79% 29.42% 34.40% 18.72% 45.94% 30.23% EPS 18.23 22.76 19.98 19.11 21.24 19.34 14.95 11.12 9.37 6.42 4.93

Description TTM Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 549.90 556.60 490.41 308.19 306.18 Net Sales Growth -2.15% 13.50% 59.13% 0.66% Cost Of Goods Sold 290.97 286.07 280.96 144.66 133.09 Gross Profit 258.93 270.53 209.46 163.53 173.10 GP Margin 47.09% 48.60% 42.71% 53.06% 56.54% Total Expenditure 455.84 455.28 406.34 232.43 229.74 Power & Fuel Cost - 36.36 24.71 12.83 13.59 % Of Sales - 6.53% 5.04% 4.16% 4.44% Employee Cost - 65.50 46.57 38.60 45.76 % Of Sales - 11.77% 9.50% 12.52% 14.95% Manufacturing Exp. - 21.19 16.64 13.43 14.40 % Of Sales - 3.81% 3.39% 4.36% 4.70% General & Admin Exp. - 16.70 13.76 9.95 11.51 % Of Sales - 3.00% 2.81% 3.23% 3.76% Selling & Distn. Exp. - 20.20 18.71 9.02 7.55 % Of Sales - 3.63% 3.82% 2.93% 2.47% Miscellaneous Exp. - 9.25 5.00 3.94 3.85 % Of Sales - 1.66% 1.02% 1.28% 1.26% EBITDA 94.06 101.32 84.07 75.76 76.44 EBITDA Margin 17.10% 18.20% 17.14% 24.58% 24.97% Other Income 9.70 11.55 9.08 9.63 11.53 Interest 6.42 5.06 3.64 1.67 1.73 Depreciation 21.43 16.90 11.90 8.78 8.62 PBT 75.91 90.91 77.61 74.95 77.62 Tax 18.24 21.71 19.31 19.17 15.62 Tax Rate 24.03% 23.88% 24.88% 25.58% 20.12% PAT 57.67 69.20 58.30 55.79 62.01 PAT before Minority Interest 57.67 69.20 58.30 55.79 62.01 Minority Interest 0.00 0.00 0.00 0.00 0.00 PAT Margin 10.49% 12.43% 11.89% 18.10% 20.25% PAT Growth -18.77% 18.70% 4.50% -10.03% EPS 19.75 23.70 19.97 19.11 21.24

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 732.92 859.56 461.08 302.48 384.89 511.08 313.55 114.53 99.48 92.17 Share Capital 5.84 5.84 5.84 5.84 5.84 5.84 5.84 5.84 5.84 5.84 Total Reserves 727.08 853.72 455.24 296.64 379.05 505.24 307.71 108.69 93.64 86.33 Non-Current Liabilities 108.08 119.95 125.73 35.01 61.79 44.19 30.22 9.23 6.89 17.90 Secured Loans 31.25 30.30 34.76 20.25 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 59.10 61.34 81.35 0.97 50.44 31.51 18.06 1.35 1.13 12.91 Current Liabilities 84.90 78.10 71.40 43.95 58.60 57.09 47.82 29.15 39.59 34.06 Trade Payables 40.78 38.73 36.12 29.29 21.87 28.71 24.59 16.64 10.88 7.48 Other Current Liabilities 22.46 20.63 16.73 14.45 11.32 9.40 9.18 8.84 7.54 8.15 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 21.66 18.74 18.55 0.22 25.41 18.98 14.05 3.68 21.16 18.42 Total Liabilities 925.90 1,057.61 658.21 381.44 505.28 612.36 391.59 152.91 145.96 144.13 Net Block 156.52 142.32 118.85 91.35 78.62 70.15 60.33 52.44 38.12 40.85 Gross Block 208.50 181.90 146.88 114.20 93.07 79.02 64.48 118.82 101.37 99.65 Accumulated Depreciation 51.98 39.58 28.04 22.85 14.45 8.87 4.16 66.38 63.25 58.80 Non Current Assets 689.01 832.99 423.26 216.99 332.47 484.24 274.99 77.81 61.38 73.75 Capital Work in Progress 20.61 14.88 22.69 35.39 2.48 0.68 0.21 2.10 1.57 1.30 Non Current Investment 412.94 591.00 178.85 76.38 184.99 371.79 186.48 13.37 13.22 13.22 Long Term Loans & Adv. 94.49 83.18 101.62 13.53 66.13 41.41 27.67 9.90 8.47 18.39 Other Non Current Assets 4.45 1.61 1.25 0.35 0.24 0.22 0.31 0.00 0.00 0.00 Current Assets 236.89 224.62 234.94 164.45 172.81 128.11 116.59 75.11 84.58 70.37 Current Investments 11.90 4.32 15.14 28.88 47.01 27.83 20.41 1.50 0.00 0.00 Inventories 80.13 71.13 36.94 33.83 27.17 25.09 25.39 20.74 20.42 18.19 Sundry Debtors 42.42 39.48 43.84 39.24 33.03 26.11 33.98 26.61 21.94 21.93 Cash & Bank 31.38 28.62 70.09 20.36 27.89 14.90 15.48 11.94 16.40 12.66 Other Current Assets 71.06 3.29 12.54 2.61 37.70 34.18 21.33 14.32 25.82 17.60 Short Term Loans & Adv. 66.02 77.78 56.39 39.52 35.19 26.29 19.64 12.64 24.88 17.04 Net Current Assets 151.99 146.52 163.54 120.50 114.21 71.03 68.78 45.95 44.99 36.32 Total Assets 925.90 1,057.61 658.20 381.44 505.28 612.35 391.58 152.92 145.96 144.12

Description Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 735.62 859.53 461.07 302.47 Share Capital 5.84 5.84 5.84 5.84 Total Reserves 729.78 853.69 455.23 296.63 Non-Current Liabilities 132.36 131.86 125.92 35.01 Secured Loans 54.79 41.55 34.76 20.25 Unsecured Loans 0.00 0.00 0.00 0.00 Long Term Provisions 59.12 61.34 81.35 0.97 Current Liabilities 91.43 81.06 71.73 43.96 Trade Payables 41.94 39.72 36.15 29.30 Other Current Liabilities 25.51 22.60 17.04 14.44 Short Term Borrowings 2.30 0.00 0.00 0.00 Short Term Provisions 21.69 18.74 18.55 0.22 Total Liabilities 959.41 1,072.45 658.72 381.44 Net Block 237.56 152.07 118.85 91.35 Gross Block 292.53 191.66 146.89 114.20 Accumulated Depreciation 54.97 39.59 28.04 22.85 Non Current Assets 703.35 846.64 422.76 216.98 Capital Work in Progress 29.42 69.35 29.82 35.39 Non Current Investment 353.88 546.99 178.84 76.37 Long Term Loans & Adv. 77.94 76.62 94.00 13.53 Other Non Current Assets 4.55 1.61 1.25 0.35 Current Assets 256.06 225.81 235.97 164.46 Current Investments 11.90 4.32 15.14 28.88 Inventories 88.50 71.68 36.94 33.83 Sundry Debtors 44.19 39.41 43.84 39.24 Cash & Bank 32.58 30.43 71.50 20.37 Other Current Assets 78.89 4.39 12.55 2.61 Short Term Loans & Adv. 74.14 75.58 56.00 39.51 Net Current Assets 164.63 144.76 164.24 120.50 Total Assets 959.41 1,072.45 658.73 381.44

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity 68.46 36.70 57.09 47.58 30.30 54.94 30.42 27.51 23.26 16.95 PBT 87.54 77.63 74.95 77.63 80.37 63.41 48.18 39.04 27.51 21.59 Adjustment 10.89 6.65 2.63 -0.50 -9.43 -2.88 2.42 0.40 2.98 5.80 Changes in Working Capital -8.94 -29.62 -2.52 -10.70 -15.07 13.78 -6.56 -2.22 0.36 -1.94 Cash after chg. in Working capital 89.48 54.65 75.06 66.43 55.86 74.31 44.05 37.22 30.86 25.44 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -21.02 -17.95 -17.98 -18.86 -25.56 -19.38 -13.63 -9.71 -7.59 -8.49 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -49.06 -60.10 -20.40 -38.74 -2.23 -40.93 -26.80 -9.13 -8.43 1.85 Net Fixed Assets -32.33 -27.21 -19.98 -54.04 -15.85 -15.01 56.23 -17.98 -1.99 -3.32 Net Investments 170.48 -401.33 -88.73 126.74 167.62 -192.73 -192.02 -1.65 0.00 0.00 Others -187.21 368.44 88.31 -111.44 -154.00 166.81 108.99 10.50 -6.44 5.17 Cash from Financing Activity -16.58 -18.01 13.01 -16.26 -15.07 -14.68 -0.20 -22.93 -11.03 -10.95 Net Cash Inflow / Outflow 2.83 -41.41 49.69 -7.42 12.99 -0.68 3.42 -4.55 3.80 7.85 Opening Cash & Equivalents 27.95 69.39 19.69 27.19 14.29 14.97 11.55 16.10 12.30 4.46 Closing Cash & Equivalent 30.76 27.95 69.39 19.68 27.19 14.29 14.97 11.55 16.10 12.30

Description Mar 23 Mar 22 Mar 21 Mar 20
Cash From Operating Activity 59.01 29.08 57.79 47.58 PBT 90.91 77.61 74.95 77.62 Adjustment 16.46 6.65 2.62 -0.50 Changes in Working Capital -27.34 -37.22 -1.81 -10.69 Cash after chg. in Working capital 80.04 47.03 75.76 66.44 Interest Paid 0.00 0.00 0.00 0.00 Tax Paid -21.02 -17.96 -17.98 -18.86 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 Cash From Investing Activity -54.58 -62.80 -20.30 -38.73 Net Fixed Assets -32.33 -27.21 -19.98 Net Investments 170.48 -401.33 -88.73 Others -192.73 365.74 88.41 Cash from Financing Activity -2.30 -6.69 13.01 -16.26 Net Cash Inflow / Outflow 2.13 -40.41 50.50 -7.41 Opening Cash & Equivalents 29.76 70.21 19.70 27.19 Closing Cash & Equivalent 31.88 29.76 70.21 19.70

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) 251.00 294.37 157.90 103.59 131.81 175.03 107.38 39.22 34.07 31.57 ROA 6.70% 6.80% 10.73% 13.99% 10.11% 8.69% 11.93% 18.30% 12.92% 10.94% ROE 8.35% 8.83% 14.61% 18.04% 12.61% 10.58% 15.17% 25.56% 19.55% 16.13% ROCE 10.93% 11.67% 18.70% 22.43% 18.07% 15.63% 22.83% 36.82% 28.92% 24.17% Fixed Asset Turnover 2.77 2.99 2.36 2.95 3.57 3.94 3.05 2.18 1.85 1.67 Receivable days 27.61 30.97 49.20 43.08 35.17 38.82 39.61 36.85 43.09 51.51 Inventory Days 50.99 40.17 41.91 36.36 31.08 32.61 30.16 31.24 37.93 33.55 Payable days 50.52 48.52 82.52 40.58 40.45 46.08 37.54 29.87 24.29 17.07 Cash Conversion Cycle 28.08 22.62 8.59 38.86 25.81 25.35 32.24 38.22 56.74 67.99 Total Debt/Equity 0.05 0.04 0.08 0.07 0.00 0.00 0.00 0.00 0.00 0.02 Interest Cover 25.59 22.33 46.01 45.75 133.35 61.91 70.91 110.17 56.87 23.56

Description Mar 23 Mar 22 Mar 21 Mar 20
Book Value (Rs.) 251.93 294.36 157.90 103.59 ROA 6.81% 6.74% 10.73% 16.26% ROE 8.68% 8.83% 14.61% 20.50% ROCE 11.23% 11.57% 18.70% 24.59% Fixed Asset Turnover 2.30 2.90 2.36 2.68 Receivable days 27.41 30.98 49.20 46.78 Inventory Days 52.52 40.42 41.91 40.33 Payable days 52.10 49.28 82.56 46.48 Cash Conversion Cycle 27.83 22.12 8.55 40.64 Total Debt/Equity 0.09 0.06 0.08 0.07 Interest Cover 18.96 22.33 46.01 45.74

Top Investors:

gymkhana partners l.p.

investor education and protection fund (iepf)

Annual Reports:

News Update:

Ultramar & Pigments - Quarterly Results
8th Feb 2024, 13:48 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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