Ushanti Colour Chem Ltd.

•

ushanti.comBSE: -NSE: UCL

Market Cap₹ 347 Cr.

Current Price

High / Low₹ 260 / 38

Stock P/E69.0

Book Value₹ 55

Price to Book1.16

Dividend Yield0.00 %

ROCE4.8 %

ROE3.3 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Chemicals

Hold

The available domestic chemical proxies are mixed to weak. Fertilizers output was -8.0% YoY (2026-07) and sale quantity of fertilisers was 0.0% YoY (2026-05), although that high-frequency barometer is stale. FPI positioning is less negative than before, with net 3-month outflow only INR -11 crore versus INR -1229 crore in the prior 3 months to 2026-08-31, but the weak sector driver argues for a neutral stance.

Confidence

55%

View full sector analysis →

PROS

Working capital cycle has improved - days down from 77 to 33
Company maintains a comfortable, low leverage position

CONS

A large part of profit comes from other income (172.7% of PBT)
Company has a low return on capital employed of 4.8%
Company has a low return on equity of 3.6% over last 3 years
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.45x)
Total debt has risen sharply - up 126.5% year on year
Equity base is being diluted - shares outstanding up 53.9%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ChemicalsChemicalsDyes & Pigments

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	SUDARSCHEM	1246.95	137.12	9927.76	0.40	103.40	88.00	2642.10	5.39	5.99	10.29
2.	KIRIINDUS	524.65	0.58	3419.04	0.00	290.70	186.82	312.36	54.54	10.72	11.71
3.	BODALCHEM	145.45	26.67	1831.86	0.00	30.38	218.67	709.04	56.11	5.06	9.72
4.	VIDHIING	341.95	32.08	1707.87	0.44	17.12	34.74	146.28	66.42	18.78	17.78
5.	SHREEPUSHK	468.80	21.04	1515.99	0.45	22.93	9.40	280.07	10.04	11.81	11.40
6.	ULTRAMAR	442.10	14.00	1290.93	1.36	31.59	56.46	239.96	30.14	11.10	18.95
7.	SUDARCOLOR	390.10	2.96	900.42	0.00	20.36	19.13	222.39	5.54	11.00	11.51
8.	UCL	249.75	68.99	346.82	0.00	—	—	—	—	-0.92	—
9.	DYNPRO	230.05	14.07	285.92	0.65	5.19	7.92	86.43	-6.99	11.27	14.60
10.	PODDARMENT	253.70	17.66	269.18	1.58	46.47	1015.73	901.30	887.64	5.83	5.95
11.	HPIL	122.01	89.76	139.39	0.00	0.25	-86.19	26.76	-38.75	6.36	2.88
12.	ISHANCH	44.00	0.00	120.14	0.00	0.15	-48.33	41.48	154.63	4.08	8.10

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

No standalone quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	25	29	37	40	46	35	48	43	43	49
	23	26	31	35	41	30	44	43	41	47
Operating Profit	2	4	6	6	6	5	4	4	4	5
OPM %	10	13	15	14	12	15	9	9	9	10
Other Income	0	0	0	1	1	0	1	4	3	3
Interest	1	1	1	1	1	1	1	1	1	1
Depreciation	1	1	1	2	2	1	2	2	2	2
	0	2	3	3	3	3	2	2	2	2
Tax %	45	34	28	26	26	27	26	-4	28	4
Net Profit	0	1	2	2	2	2	1	2	1	2
EPS	0	0	0	0	0	3	2	2	1	2
Dividend Payout %	0	0	0	0	6	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	0	3	5	3	3	3	2	2	1	2

COMPOUNDED SALES GROWTH

10 Years:: 5%
5 Years:: 1%
3 Years:: 1%

COMPOUNDED PROFIT GROWTH

10 Years:: 20%
5 Years:: -5%
3 Years:: 7%

STOCK PRICE CAGR

10 Years:: —
5 Years:: 16%
3 Years:: 3%
1 Year:: 32%

RETURN ON EQUITY

10 Years:: 11%
5 Years:: 5%
3 Years:: 4%
Last Year:: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	0	0	5	7	7	7	7	10	11	11
	5	6	4	15	18	20	21	37	41	45
	4	5	11	8	9	10	7	4	5	13
Trade Payables	5	7	6	6	3	3	8	5	5	7
	9	4	4	4	4	3	6	2	2	1
Total Liabilities	22	23	31	39	40	43	50	60	64	78
ASSETS	-	-	-	-	-	-	-	-	-	-
	4	11	15	14	19	19	20	14	14	13
Capital Work in Progress	1	0	2	7	1	1	0	0	0	0
	0	0	0	0	0	0	0	0	8	8
	2	3	3	3	5	6	8	6	9	9
	0	0	0	0	0	0	0	0	7	8
Cash & Bank	1	0	0	3	3	4	0	0	0	0
	14	9	10	12	13	13	21	38	27	39
Total Assets	22	23	31	39	40	43	50	60	64	78
Total Debt	11	8	13	10	11	10	7	4	6	13
Net Working Capital	-1	-4	-7	1	4	6	3	10	9	4
Contingent Liabilities	0	0	0	0	0	0	42	42	42	17
Book Value per Share	107.40	141.83	17.44	31.05	34.06	37.39	39.41	46.35	48.49	50.30
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	2	4	1	-3	0	4	2	2	-1	2
Cash from Investing	-2	-1	-6	-4	-0	-3	-1	-11	-3	-11
Cash from Financing	1	-4	4	7	-0	-1	-0	9	4	9
	1	-1	-0	0	0	0	0	0	-0	-0
Free Cash Flow	1	-3	-6	-8	-0	2	-0	2	-2	1
OCF / Net Profit	7.32	3.02	0.42	-1.32	0.19	1.47	1.15	0.95	-1.00	1.04
Cumulative 5-Year FCF	0	0	0	0	-16	-15	-12	-5	1	3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE
EPS (₹)	5.37	28.20	4.55	3.07	3.25	3.32	2.02	1.74	1.25	1.62
Book Value (₹)	107.40	141.83	17.44	31.05	34.06	37.39	39.41	46.35	48.49	50.30
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.20	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	2.15	4.13	6.73	5.24	5.45	5.25	4.25	3.37	2.70	3.06
PROFITABILITY
Operating Margin %	9.04%	12.08%	14.94%	13.77%	12.26%	15.19%	9.06%	9.30%	3.08%	2.85%
Net Margin %	0.98%	4.36%	6.57%	5.57%	5.16%	6.90%	3.09%	4.21%	3.15%	3.73%
ROE %	5.12%	22.63%	30.00%	13.97%	9.99%	9.30%	5.26%	4.70%	2.69%	3.35%
ROCE %	10.08%	19.24%	23.54%	14.30%	11.83%	10.71%	6.98%	5.03%	4.47%	4.78%
	1.23%	6.11%	9.13%	6.37%	5.95%	5.81%	3.19%	3.30%	2.17%	2.56%
EFFICIENCY
Debtor Days	67	58	56	68	71	96	76	84	68	56
Inventory Days	32	30	29	29	31	55	53	62	67	69
Payable Days	153	140	124	99	60	61	70	85	70	67
	-54	-52	-40	-2	42	90	60	61	65	58
FINANCIAL HEALTH
Debt to Equity (x)	2.09x	1.12x	1.41x	0.44x	0.43x	0.38x	0.23x	0.08x	0.11x	0.23x
Interest Coverage (x)	1.46x	3.32x	4.49x	4.32x	4.87x	6.53x	3.81x	4.05x	4.27x	2.66x
	0.92x	0.73x	0.65x	1.09x	1.29x	1.37x	1.19x	1.87x	1.76x	1.21x
GROWTH
Revenue Growth %	-15.23%	18.32%	23.79%	10.10%	14.50%	-23.62%	35.82%	-10.63%	-0.21%	14.14%
Operating Profit Growth %	-10.47%	58.41%	45.62%	-0.49%	1.93%	-5.38%	-18.94%	-8.29%	0.64%	16.67%
Net Profit Growth %	-7.55%	425.64%	77.48%	-8.46%	6.03%	2.21%	-39.20%	21.79%	-25.36%	35.30%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-28.15%	28.86%
VALUATION
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	45.50x	36.22x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	1.18x	1.16x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	16.83x	16.90x

Shareholding Pattern

Numbers in percentages

	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026
	74.80	70.49	70.49	67.86	67.86	67.86	67.86	54.91
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	25.20	29.51	29.51	32.14	32.14	32.14	32.14	45.09

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for UCL

Loading news…

🤖

AI Stock Analyst

Ushanti Colour Chem Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

SUDARSCHEM

1246.95

137.12

9927.76

0.40

103.40

88.00

2642.10

5.39

5.99

10.29

KIRIINDUS

524.65

0.58

3419.04

0.00

290.70

186.82

312.36

54.54

10.72

11.71

BODALCHEM

145.45

26.67

1831.86

0.00

30.38

218.67

709.04

56.11

5.06

9.72

VIDHIING

341.95

32.08

1707.87

0.44

17.12

34.74

146.28

66.42

18.78

17.78

SHREEPUSHK

468.80

21.04

1515.99

0.45

22.93

9.40

280.07

10.04

11.81

11.40

ULTRAMAR

442.10

14.00

1290.93

1.36

31.59

56.46

239.96

30.14

11.10

18.95

SUDARCOLOR

390.10

2.96

900.42

0.00

20.36

19.13

222.39

5.54

11.00

11.51

UCL

249.75

68.99

346.82

0.00

—

-0.92

—

DYNPRO

230.05

14.07

285.92

0.65

5.19

7.92

86.43

-6.99

11.27

14.60

PODDARMENT

253.70

17.66

269.18

1.58

46.47

1015.73

901.30

887.64

5.83

5.95

HPIL

122.01

89.76

139.39

0.00

0.25

-86.19

26.76

-38.75

6.36

2.88

ISHANCH

44.00

0.00

120.14

0.00

0.15

-48.33

41.48

154.63

4.08

8.10

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Operating Profit

OPM %

Other Income

Interest

Depreciation

Tax %

-4

Net Profit

EPS

Dividend Payout %

Minority Interest

Share of Associates

Adjusted EPS

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

LIABILITIES

Equity Capital

Trade Payables

Total Liabilities

ASSETS

Capital Work in Progress

Cash & Bank

Total Assets

Total Debt

Net Working Capital

-1

-4

-7

Contingent Liabilities

Book Value per Share

107.40

141.83

17.44

31.05

34.06

37.39

39.41

46.35

48.49

50.30

Face Value

10.00

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-3

-1

Cash from Investing

-2

-1

-6

-4

-0

-3

-1

-11

-3

-11

Cash from Financing

-4

-0

-1

-0

-1

-0

Free Cash Flow

-3

-6

-8

-0

-2

OCF / Net Profit

7.32

3.02

0.42

-1.32

0.19

1.47

1.15

0.95

-1.00

1.04

Cumulative 5-Year FCF

-16

-15

-12

-5

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

PER SHARE

EPS (₹)

5.37

28.20

4.55

3.07

3.25

3.32

2.02

1.74

1.25

1.62

Book Value (₹)

107.40

141.83

17.44

31.05

34.06

37.39

39.41

46.35

48.49

50.30

Dividend per Share (₹)

0.00

0.20

0.00

Cash EPS (₹)

2.15

4.13

6.73

5.24

5.45

5.25

4.25

3.37

2.70

3.06

PROFITABILITY

Operating Margin %

9.04%

12.08%

14.94%

13.77%

12.26%

15.19%

9.06%

9.30%

3.08%

2.85%

Net Margin %

0.98%

4.36%

6.57%

5.57%

5.16%

6.90%

3.09%

4.21%

3.15%

3.73%

ROE %

5.12%

22.63%

30.00%

13.97%

9.99%

9.30%

5.26%

4.70%

2.69%

3.35%

ROCE %

10.08%

19.24%

23.54%

14.30%

11.83%

10.71%

6.98%

5.03%

4.47%

4.78%

1.23%

6.11%

9.13%

6.37%

5.95%

5.81%

3.19%

3.30%

2.17%

2.56%

EFFICIENCY

Debtor Days

Inventory Days

Payable Days

153

140

124

-54

-52

-40

-2

FINANCIAL HEALTH

Debt to Equity (x)

2.09x

1.12x

1.41x

0.44x

0.43x

0.38x

0.23x

0.08x

0.11x

0.23x

Interest Coverage (x)

1.46x

3.32x

4.49x

4.32x

4.87x

6.53x

3.81x

4.05x

4.27x

2.66x

0.92x

0.73x

0.65x

1.09x

1.29x

1.37x

1.19x

1.87x

1.76x

1.21x

GROWTH

Revenue Growth %

-15.23%

18.32%

23.79%

10.10%

14.50%

-23.62%

35.82%

-10.63%

-0.21%

14.14%

Operating Profit Growth %

-10.47%

58.41%

45.62%

-0.49%

1.93%

-5.38%

-18.94%

-8.29%

0.64%

16.67%

Net Profit Growth %

-7.55%

425.64%

77.48%

-8.46%

6.03%

2.21%

-39.20%

21.79%

-25.36%

35.30%

0.00%

-28.15%

28.86%

VALUATION

P/E (x)

0.00x

45.50x

36.22x

P/B (x)

0.00x

1.18x

1.16x

Dividend Yield %

0.00%

0.00x

16.83x

16.90x

Sep 2022

Mar 2023

Sep 2023

Mar 2024

Sep 2024

Mar 2025

Sep 2025

Mar 2026

74.80

70.49

67.86

54.91

FIIs

0.00

DIIs

0.00

Government

0.00

25.20

29.51

32.14

45.09

Ushanti Colour Chem Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Ushanti Colour Chem Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI