Ultramarine & Pigments Ltd.
•₹ 419.40.05%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Laundry & Allied Products: 91.8% • IT Enabled Services: 7.3% • Windmill Operations: 0.9%
PROS
- Company is almost debt free
- Latest quarter profit grew 68.2% YoY, showing strong momentum
- Company has delivered good sales growth of 18.1% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.22x)
- Company comfortably covers its interest (32.5x coverage)
- Company has a consistent dividend-paying track record
CONS
- Company has a low return on equity of 7.4% over last 3 years
- Company has a low return on capital employed of 9.8%
- Company has delivered a poor profit growth of 5.3% over past five years
- Operating margins have contracted to 13.6% from 19.4%
- Expensive relative to growth - PEG of 5.2
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SUDARSCHEM | 1186.55 | 130.47 | 9445.84 | 0.42 | 103.40 | 88.00 | 2642.10 | 5.39 | 5.99 | 10.29 |
| 2. | KIRIINDUS | 461.00 | 0.51 | 3004.24 | 0.00 | 290.70 | 186.82 | 312.36 | 54.54 | 10.72 | 11.71 |
| 3. | VIDHIING | 318.95 | 29.92 | 1593.00 | 0.47 | 17.12 | 34.74 | 146.28 | 66.42 | 18.78 | 17.78 |
| 4. | SHREEPUSHK | 403.45 | 18.10 | 1304.66 | 0.52 | 22.93 | 9.40 | 280.07 | 10.04 | 11.81 | 11.40 |
| 5. | ULTRAMAR | 418.40 | 13.25 | 1221.73 | 1.43 | 31.59 | 56.46 | 239.96 | 30.14 | 11.10 | 18.95 |
| 6. | DYNPRO | 231.80 | 14.17 | 288.09 | 0.65 | 5.19 | 7.92 | 86.43 | -6.99 | 10.00 | 14.60 |
| 7. | PODDARMENT | 253.50 | 0.00 | 268.96 | 1.58 | 4.65 | 11.71 | 90.13 | -1.24 | 8.58 | 5.95 |
| 8. | HPIL | 131.00 | 96.38 | 149.66 | 0.00 | 0.25 | -86.19 | 26.76 | -38.75 | 6.36 | 2.88 |
| 9. | ISHANCH | 48.43 | 0.00 | 132.24 | 0.00 | 1.55 | 409.87 | 414.80 | 2446.66 | 4.08 | 8.10 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 123 | 137 | 140 | 126 | 152 | 154 | 164 | 182 | 169 | 181 | 178 | 180 | 219 | |
| 100 | 117 | 120 | 109 | 128 | 130 | 134 | 158 | 144 | 155 | 151 | 159 | 186 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 5 | 2 | 2 | 3 | 5 | 2 | 2 | 3 | 5 | 3 | 3 | 6 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 |
| 21 | 20 | 17 | 13 | 21 | 24 | 27 | 22 | 22 | 26 | 29 | 16 | 38 | |
| Tax % | 25.69% | 21.52% | 25.50% | 24.07% | 25.28% | 23.10% | 25.62% | 26.66% | 25.29% | 23.06% | 20.63% | 23.71% | 26.43% |
| Net Profit | 15 | 16 | 12 | 10 | 16 | 18 | 20 | 16 | 17 | 20 | 23 | 12 | 28 |
| 5 | 5 | 4 | 4 | 5 | 6 | 7 | 5 | 6 | 7 | 8 | 4 | 1 | |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 123
- 100
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 4
- 21
- Tax %
- 25.69%
- Net Profit
- 15
- 5
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 137
- 117
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 4
- 20
- Tax %
- 21.52%
- Net Profit
- 16
- 5
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 140
- 120
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 4
- 17
- Tax %
- 25.50%
- Net Profit
- 12
- 4
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 126
- 109
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 4
- 13
- Tax %
- 24.07%
- Net Profit
- 10
- 4
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 152
- 128
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 4
- 21
- Tax %
- 25.28%
- Net Profit
- 16
- 5
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 154
- 130
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 4
- 24
- Tax %
- 23.10%
- Net Profit
- 18
- 6
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 164
- 134
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 4
- 27
- Tax %
- 25.62%
- Net Profit
- 20
- 7
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 182
- 158
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 4
- 22
- Tax %
- 26.66%
- Net Profit
- 16
- 5
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 169
- 144
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 4
- 22
- Tax %
- 25.29%
- Net Profit
- 17
- 6
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 181
- 155
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 5
- 26
- Tax %
- 23.06%
- Net Profit
- 20
- 7
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 178
- 151
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 5
- 29
- Tax %
- 20.63%
- Net Profit
- 23
- 8
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 180
- 159
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 5
- 16
- Tax %
- 23.71%
- Net Profit
- 12
- 4
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 219
- 186
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 5
- 38
- Tax %
- 26.43%
- Net Profit
- 28
- 1
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 255 | 277 | 307 | 306 | 308 | 491 | 541 | 526 | 651 | 707 | 757 | |
| 205 | 217 | 236 | 230 | 232 | 407 | 449 | 446 | 549 | 611 | 651 | |
| Operating Profit | 53 | 69 | 81 | 88 | 85 | 93 | 105 | 92 | 114 | 113 | — |
| OPM % | 21 | 25 | 26 | 29 | 28 | 19 | 19 | 17 | 17 | 16 | — |
| Other Income | 3 | 9 | 10 | 12 | 10 | 9 | 12 | 12 | 12 | 18 | 17 |
| Interest | 1 | 1 | 1 | 2 | 2 | 4 | 4 | 4 | 4 | 3 | 2 |
| Depreciation | 4 | 5 | 6 | 9 | 9 | 12 | 14 | 16 | 17 | 19 | 19 |
| 48 | 63 | 80 | 78 | 75 | 78 | 88 | 71 | 93 | 94 | 110 | |
| Tax % | 33 | 31 | 30 | 20 | 26 | 25 | 24 | 24 | 25 | 23 | 24 |
| Net Profit | 32 | 44 | 56 | 62 | 56 | 58 | 66 | 54 | 70 | 72 | 84 |
| EPS | 0 | 0 | 0 | 0 | 19 | 20 | 23 | 18 | 24 | 25 | — |
| Dividend Payout % | 36 | 28 | 23 | 24 | 26 | 25 | 22 | 27 | 25 | 24 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 11 | 15 | 19 | 21 | 19 | 20 | 23 | 18 | 24 | 25 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 11 | 15 | 19 | 21 | 19 | 20 | 23 | 18 | 24 | 25 | — |
Mar 2017
- 255
- 205
- Operating Profit
- 53
- OPM %
- 21
- Other Income
- 3
- Interest
- 1
- Depreciation
- 4
- 48
- Tax %
- 33
- Net Profit
- 32
- EPS
- 0
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2018
- 277
- 217
- Operating Profit
- 69
- OPM %
- 25
- Other Income
- 9
- Interest
- 1
- Depreciation
- 5
- 63
- Tax %
- 31
- Net Profit
- 44
- EPS
- 0
- Dividend Payout %
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2019
- 307
- 236
- Operating Profit
- 81
- OPM %
- 26
- Other Income
- 10
- Interest
- 1
- Depreciation
- 6
- 80
- Tax %
- 30
- Net Profit
- 56
- EPS
- 0
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
Mar 2020
- 306
- 230
- Operating Profit
- 88
- OPM %
- 29
- Other Income
- 12
- Interest
- 2
- Depreciation
- 9
- 78
- Tax %
- 20
- Net Profit
- 62
- EPS
- 0
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2021
- 308
- 232
- Operating Profit
- 85
- OPM %
- 28
- Other Income
- 10
- Interest
- 2
- Depreciation
- 9
- 75
- Tax %
- 26
- Net Profit
- 56
- EPS
- 19
- Dividend Payout %
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
Mar 2022
- 491
- 407
- Operating Profit
- 93
- OPM %
- 19
- Other Income
- 9
- Interest
- 4
- Depreciation
- 12
- 78
- Tax %
- 25
- Net Profit
- 58
- EPS
- 20
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
Mar 2023
- 541
- 449
- Operating Profit
- 105
- OPM %
- 19
- Other Income
- 12
- Interest
- 4
- Depreciation
- 14
- 88
- Tax %
- 24
- Net Profit
- 66
- EPS
- 23
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2024
- 526
- 446
- Operating Profit
- 92
- OPM %
- 17
- Other Income
- 12
- Interest
- 4
- Depreciation
- 16
- 71
- Tax %
- 24
- Net Profit
- 54
- EPS
- 18
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2025
- 651
- 549
- Operating Profit
- 114
- OPM %
- 17
- Other Income
- 12
- Interest
- 4
- Depreciation
- 17
- 93
- Tax %
- 25
- Net Profit
- 70
- EPS
- 24
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
Mar 2026
- 707
- 611
- Operating Profit
- 113
- OPM %
- 16
- Other Income
- 18
- Interest
- 3
- Depreciation
- 19
- 94
- Tax %
- 23
- Net Profit
- 72
- EPS
- 25
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
TTM
- 757
- 651
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 2
- Depreciation
- 19
- 110
- Tax %
- 24
- Net Profit
- 84
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 12%
- 5 Years:
- 18%
- 3 Years:
- 9%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 10%
- 5 Years:
- 5%
- 3 Years:
- 3%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 8%
- 3 Years:
- 7%
- Last Year:
- 8%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| 308 | 505 | 379 | 297 | 455 | 854 | 727 | 887 | 956 | 844 | |
| 0 | 0 | 0 | 0 | 1 | 6 | 7 | 0 | 0 | 0 | |
| Trade Payables | 25 | 29 | 22 | 29 | 36 | 39 | 40 | 53 | 49 | 77 |
| 53 | 73 | 99 | 50 | 160 | 153 | 143 | 171 | 197 | 203 | |
| Total Liabilities | 392 | 612 | 505 | 381 | 658 | 1,058 | 924 | 1,117 | 1,208 | 1,130 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 60 | 70 | 79 | 91 | 119 | 142 | 157 | 185 | 205 | 221 | |
| Capital Work in Progress | 0 | 1 | 2 | 35 | 23 | 15 | 21 | 2 | 12 | 20 |
| 207 | 400 | 232 | 105 | 194 | 595 | 425 | 576 | 594 | 464 | |
| 25 | 25 | 27 | 34 | 37 | 71 | 80 | 80 | 75 | 88 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56 | 79 | 74 | |
| Cash & Bank | 15 | 15 | 28 | 20 | 70 | 29 | 34 | 43 | 57 | 56 |
| 83 | 102 | 137 | 95 | 216 | 205 | 207 | 174 | 186 | 208 | |
| Total Assets | 392 | 612 | 505 | 381 | 658 | 1,058 | 924 | 1,117 | 1,208 | 1,130 |
| Total Debt | 0 | 0 | 0 | 20 | 36 | 36 | 39 | 35 | 27 | 17 |
| Net Working Capital | 69 | 71 | 114 | 120 | 164 | 147 | 155 | 167 | 174 | 157 |
| Contingent Liabilities | 0 | 13 | 9 | 9 | 21 | 21 | 28 | 21 | 7 | 7 |
| Book Value per Share | 107.38 | 175.03 | 131.81 | 103.59 | 157.90 | 294.37 | 251.00 | 305.86 | 329.31 | 290.99 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 0 | 0 | 0 | 20 | 36 | 36 | 39 | 35 | 27 | 17 |
| Net Working Capital | 69 | 71 | 114 | 120 | 164 | 147 | 155 | 167 | 174 | 157 |
| Contingent Liabilities | 0 | 13 | 9 | 9 | 21 | 21 | 28 | 21 | 7 | 7 |
| Book Value per Share | 107.38 | 175.03 | 131.81 | 103.59 | 157.90 | 294.37 | 251.00 | 305.86 | 329.31 | 290.99 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 6
- 308
- 0
- Trade Payables
- 25
- 53
- Total Liabilities
- 392
- 60
- Capital Work in Progress
- 0
- 207
- 25
- 0
- Cash & Bank
- 15
- 83
- Total Assets
- 392
- Total Debt
- 0
- Net Working Capital
- 69
- Contingent Liabilities
- 0
- Book Value per Share
- 107.38
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 69
- Contingent Liabilities
- 0
- Book Value per Share
- 107.38
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 6
- 505
- 0
- Trade Payables
- 29
- 73
- Total Liabilities
- 612
- 70
- Capital Work in Progress
- 1
- 400
- 25
- 0
- Cash & Bank
- 15
- 102
- Total Assets
- 612
- Total Debt
- 0
- Net Working Capital
- 71
- Contingent Liabilities
- 13
- Book Value per Share
- 175.03
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 71
- Contingent Liabilities
- 13
- Book Value per Share
- 175.03
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 6
- 379
- 0
- Trade Payables
- 22
- 99
- Total Liabilities
- 505
- 79
- Capital Work in Progress
- 2
- 232
- 27
- 0
- Cash & Bank
- 28
- 137
- Total Assets
- 505
- Total Debt
- 0
- Net Working Capital
- 114
- Contingent Liabilities
- 9
- Book Value per Share
- 131.81
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 114
- Contingent Liabilities
- 9
- Book Value per Share
- 131.81
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 6
- 297
- 0
- Trade Payables
- 29
- 50
- Total Liabilities
- 381
- 91
- Capital Work in Progress
- 35
- 105
- 34
- 0
- Cash & Bank
- 20
- 95
- Total Assets
- 381
- Total Debt
- 20
- Net Working Capital
- 120
- Contingent Liabilities
- 9
- Book Value per Share
- 103.59
- Face Value
- 2.00
- Total Debt
- 20
- Net Working Capital
- 120
- Contingent Liabilities
- 9
- Book Value per Share
- 103.59
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 6
- 455
- 1
- Trade Payables
- 36
- 160
- Total Liabilities
- 658
- 119
- Capital Work in Progress
- 23
- 194
- 37
- 0
- Cash & Bank
- 70
- 216
- Total Assets
- 658
- Total Debt
- 36
- Net Working Capital
- 164
- Contingent Liabilities
- 21
- Book Value per Share
- 157.90
- Face Value
- 2.00
- Total Debt
- 36
- Net Working Capital
- 164
- Contingent Liabilities
- 21
- Book Value per Share
- 157.90
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 6
- 854
- 6
- Trade Payables
- 39
- 153
- Total Liabilities
- 1,058
- 142
- Capital Work in Progress
- 15
- 595
- 71
- 0
- Cash & Bank
- 29
- 205
- Total Assets
- 1,058
- Total Debt
- 36
- Net Working Capital
- 147
- Contingent Liabilities
- 21
- Book Value per Share
- 294.37
- Face Value
- 2.00
- Total Debt
- 36
- Net Working Capital
- 147
- Contingent Liabilities
- 21
- Book Value per Share
- 294.37
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 6
- 727
- 7
- Trade Payables
- 40
- 143
- Total Liabilities
- 924
- 157
- Capital Work in Progress
- 21
- 425
- 80
- 0
- Cash & Bank
- 34
- 207
- Total Assets
- 924
- Total Debt
- 39
- Net Working Capital
- 155
- Contingent Liabilities
- 28
- Book Value per Share
- 251.00
- Face Value
- 2.00
- Total Debt
- 39
- Net Working Capital
- 155
- Contingent Liabilities
- 28
- Book Value per Share
- 251.00
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 6
- 887
- 0
- Trade Payables
- 53
- 171
- Total Liabilities
- 1,117
- 185
- Capital Work in Progress
- 2
- 576
- 80
- 56
- Cash & Bank
- 43
- 174
- Total Assets
- 1,117
- Total Debt
- 35
- Net Working Capital
- 167
- Contingent Liabilities
- 21
- Book Value per Share
- 305.86
- Face Value
- 2.00
- Total Debt
- 35
- Net Working Capital
- 167
- Contingent Liabilities
- 21
- Book Value per Share
- 305.86
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 6
- 956
- 0
- Trade Payables
- 49
- 197
- Total Liabilities
- 1,208
- 205
- Capital Work in Progress
- 12
- 594
- 75
- 79
- Cash & Bank
- 57
- 186
- Total Assets
- 1,208
- Total Debt
- 27
- Net Working Capital
- 174
- Contingent Liabilities
- 7
- Book Value per Share
- 329.31
- Face Value
- 2.00
- Total Debt
- 27
- Net Working Capital
- 174
- Contingent Liabilities
- 7
- Book Value per Share
- 329.31
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 6
- 844
- 0
- Trade Payables
- 77
- 203
- Total Liabilities
- 1,130
- 221
- Capital Work in Progress
- 20
- 464
- 88
- 74
- Cash & Bank
- 56
- 208
- Total Assets
- 1,130
- Total Debt
- 17
- Net Working Capital
- 157
- Contingent Liabilities
- 7
- Book Value per Share
- 290.99
- Face Value
- 2.00
- Total Debt
- 17
- Net Working Capital
- 157
- Contingent Liabilities
- 7
- Book Value per Share
- 290.99
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 | 55 | 30 | 48 | 57 | 37 | 71 | 67 | 69 | 104 | |
| Cash from Investing | -27 | -41 | -2 | -39 | -20 | -60 | -49 | -35 | -2 | -117 |
| Cash from Financing | -0 | -15 | -15 | -16 | 13 | -18 | -17 | -23 | -53 | -31 |
| 3 | -1 | 13 | -7 | 50 | -41 | 6 | 9 | 13 | -44 | |
| Free Cash Flow | 30 | 40 | 14 | -6 | 37 | 9 | 39 | 44 | 25 | 68 |
| OCF / Net Profit | 0.94 | 1.26 | 0.54 | 0.77 | 1.02 | 0.63 | 1.07 | 1.24 | 0.99 | 1.44 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 115 | 95 | 94 | 124 | 155 | 186 |
| OCF / Net Profit | 0.94 | 1.26 | 0.54 | 0.77 | 1.02 | 0.63 | 1.07 | 1.24 | 0.99 | 1.44 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 115 | 95 | 94 | 124 | 155 | 186 |
Mar 2017
- 30
- Cash from Investing
- -27
- Cash from Financing
- -0
- 3
- Free Cash Flow
- 30
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 0
Mar 2018
- 55
- Cash from Investing
- -41
- Cash from Financing
- -15
- -1
- Free Cash Flow
- 40
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
Mar 2019
- 30
- Cash from Investing
- -2
- Cash from Financing
- -15
- 13
- Free Cash Flow
- 14
- OCF / Net Profit
- 0.54
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.54
- Cumulative 5-Year FCF
- 0
Mar 2020
- 48
- Cash from Investing
- -39
- Cash from Financing
- -16
- -7
- Free Cash Flow
- -6
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- 0
Mar 2021
- 57
- Cash from Investing
- -20
- Cash from Financing
- 13
- 50
- Free Cash Flow
- 37
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 115
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 115
Mar 2022
- 37
- Cash from Investing
- -60
- Cash from Financing
- -18
- -41
- Free Cash Flow
- 9
- OCF / Net Profit
- 0.63
- Cumulative 5-Year FCF
- 95
- OCF / Net Profit
- 0.63
- Cumulative 5-Year FCF
- 95
Mar 2023
- 71
- Cash from Investing
- -49
- Cash from Financing
- -17
- 6
- Free Cash Flow
- 39
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 94
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 94
Mar 2024
- 67
- Cash from Investing
- -35
- Cash from Financing
- -23
- 9
- Free Cash Flow
- 44
- OCF / Net Profit
- 1.24
- Cumulative 5-Year FCF
- 124
- OCF / Net Profit
- 1.24
- Cumulative 5-Year FCF
- 124
Mar 2025
- 69
- Cash from Investing
- -2
- Cash from Financing
- -53
- 13
- Free Cash Flow
- 25
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 155
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 155
Mar 2026
- 104
- Cash from Investing
- -117
- Cash from Financing
- -31
- -44
- Free Cash Flow
- 68
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 186
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 186
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 11.12 | 14.95 | 19.34 | 21.24 | 19.11 | 19.97 | 22.76 | 18.43 | 23.86 | 24.77 |
| Book Value (₹) | 107.38 | 175.03 | 131.81 | 103.59 | 157.90 | 294.37 | 251.00 | 305.86 | 329.31 | 290.99 |
| Dividend per Share (₹) | 4.00 | 4.25 | 4.50 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 | 6.00 |
| Cash EPS (₹) | 12.55 | 16.60 | 21.33 | 24.19 | 22.11 | 24.05 | 27.53 | 24.05 | 29.66 | 31.28 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 19.00% | 24.52% | 26.36% | 28.74% | 27.71% | 18.97% | 19.40% | 15.21% | 15.57% | 13.55% |
| Net Margin % | 11.63% | 15.45% | 18.41% | 20.25% | 18.10% | 11.88% | 12.28% | 10.24% | 10.71% | 10.23% |
| ROE % | 15.17% | 10.58% | 12.61% | 18.04% | 14.61% | 8.83% | 8.35% | 6.62% | 7.51% | 7.99% |
| ROCE % | 22.83% | 15.63% | 18.07% | 22.43% | 18.70% | 11.67% | 10.93% | 8.85% | 10.11% | 10.44% |
| 11.93% | 8.69% | 10.11% | 13.99% | 10.73% | 6.80% | 6.71% | 5.27% | 5.99% | 6.19% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 40 | 39 | 35 | 43 | 49 | 31 | 28 | 34 | 38 | 39 |
| Inventory Days | 30 | 33 | 31 | 36 | 42 | 40 | 51 | 56 | 43 | 42 |
| Payable Days | 59 | 72 | 66 | 70 | 83 | 49 | 50 | 58 | 49 | 54 |
| 10 | -1 | 1 | 9 | 9 | 23 | 28 | 32 | 32 | 27 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x | 0.07x | 0.08x | 0.04x | 0.05x | 0.04x | 0.03x | 0.02x |
| Interest Coverage (x) | 70.91x | 61.91x | 133.35x | 45.75x | 46.01x | 22.33x | 25.59x | 17.72x | 25.49x | 32.48x |
| 2.44x | 2.24x | 2.95x | 3.74x | 3.29x | 2.88x | 2.83x | 3.15x | 3.11x | 2.38x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 15.98% | 8.59% | 10.63% | -0.22% | 0.66% | 59.32% | 10.26% | -2.93% | 23.84% | 8.63% |
| Operating Profit Growth % | 24.44% | 30.65% | 16.73% | 8.79% | -2.94% | 9.09% | 12.72% | -12.78% | 24.25% | -0.32% |
| Net Profit Growth % | 18.71% | 34.39% | 29.41% | 9.80% | -10.04% | 4.55% | 13.96% | -19.02% | 29.44% | 3.80% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -19.02% | 29.44% | 3.80% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 17.98x | 19.90x | 14.80x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.08x | 1.44x | 1.26x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.51% | 1.26% | 1.64% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.47x | 11.91x | 9.09x |
Mar 2017
- EPS (₹)
- 11.12
- Book Value (₹)
- 107.38
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 12.55
- Operating Margin %
- 19.00%
- Net Margin %
- 11.63%
- ROE %
- 15.17%
- ROCE %
- 22.83%
- 11.93%
- Debtor Days
- 40
- Inventory Days
- 30
- Payable Days
- 59
- 10
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 70.91x
- 2.44x
- Revenue Growth %
- 15.98%
- Operating Profit Growth %
- 24.44%
- Net Profit Growth %
- 18.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 14.95
- Book Value (₹)
- 175.03
- Dividend per Share (₹)
- 4.25
- Cash EPS (₹)
- 16.60
- Operating Margin %
- 24.52%
- Net Margin %
- 15.45%
- ROE %
- 10.58%
- ROCE %
- 15.63%
- 8.69%
- Debtor Days
- 39
- Inventory Days
- 33
- Payable Days
- 72
- -1
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 61.91x
- 2.24x
- Revenue Growth %
- 8.59%
- Operating Profit Growth %
- 30.65%
- Net Profit Growth %
- 34.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 19.34
- Book Value (₹)
- 131.81
- Dividend per Share (₹)
- 4.50
- Cash EPS (₹)
- 21.33
- Operating Margin %
- 26.36%
- Net Margin %
- 18.41%
- ROE %
- 12.61%
- ROCE %
- 18.07%
- 10.11%
- Debtor Days
- 35
- Inventory Days
- 31
- Payable Days
- 66
- 1
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 133.35x
- 2.95x
- Revenue Growth %
- 10.63%
- Operating Profit Growth %
- 16.73%
- Net Profit Growth %
- 29.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 21.24
- Book Value (₹)
- 103.59
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 24.19
- Operating Margin %
- 28.74%
- Net Margin %
- 20.25%
- ROE %
- 18.04%
- ROCE %
- 22.43%
- 13.99%
- Debtor Days
- 43
- Inventory Days
- 36
- Payable Days
- 70
- 9
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 45.75x
- 3.74x
- Revenue Growth %
- -0.22%
- Operating Profit Growth %
- 8.79%
- Net Profit Growth %
- 9.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 19.11
- Book Value (₹)
- 157.90
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 22.11
- Operating Margin %
- 27.71%
- Net Margin %
- 18.10%
- ROE %
- 14.61%
- ROCE %
- 18.70%
- 10.73%
- Debtor Days
- 49
- Inventory Days
- 42
- Payable Days
- 83
- 9
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 46.01x
- 3.29x
- Revenue Growth %
- 0.66%
- Operating Profit Growth %
- -2.94%
- Net Profit Growth %
- -10.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 19.97
- Book Value (₹)
- 294.37
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 24.05
- Operating Margin %
- 18.97%
- Net Margin %
- 11.88%
- ROE %
- 8.83%
- ROCE %
- 11.67%
- 6.80%
- Debtor Days
- 31
- Inventory Days
- 40
- Payable Days
- 49
- 23
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 22.33x
- 2.88x
- Revenue Growth %
- 59.32%
- Operating Profit Growth %
- 9.09%
- Net Profit Growth %
- 4.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 22.76
- Book Value (₹)
- 251.00
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 27.53
- Operating Margin %
- 19.40%
- Net Margin %
- 12.28%
- ROE %
- 8.35%
- ROCE %
- 10.93%
- 6.71%
- Debtor Days
- 28
- Inventory Days
- 51
- Payable Days
- 50
- 28
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 25.59x
- 2.83x
- Revenue Growth %
- 10.26%
- Operating Profit Growth %
- 12.72%
- Net Profit Growth %
- 13.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 18.43
- Book Value (₹)
- 305.86
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 24.05
- Operating Margin %
- 15.21%
- Net Margin %
- 10.24%
- ROE %
- 6.62%
- ROCE %
- 8.85%
- 5.27%
- Debtor Days
- 34
- Inventory Days
- 56
- Payable Days
- 58
- 32
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 17.72x
- 3.15x
- Revenue Growth %
- -2.93%
- Operating Profit Growth %
- -12.78%
- Net Profit Growth %
- -19.02%
- -19.02%
- P/E (x)
- 17.98x
- P/B (x)
- 1.08x
- Dividend Yield %
- 1.51%
- 10.47x
Mar 2025
- EPS (₹)
- 23.86
- Book Value (₹)
- 329.31
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 29.66
- Operating Margin %
- 15.57%
- Net Margin %
- 10.71%
- ROE %
- 7.51%
- ROCE %
- 10.11%
- 5.99%
- Debtor Days
- 38
- Inventory Days
- 43
- Payable Days
- 49
- 32
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 25.49x
- 3.11x
- Revenue Growth %
- 23.84%
- Operating Profit Growth %
- 24.25%
- Net Profit Growth %
- 29.44%
- 29.44%
- P/E (x)
- 19.90x
- P/B (x)
- 1.44x
- Dividend Yield %
- 1.26%
- 11.91x
Mar 2026
- EPS (₹)
- 24.77
- Book Value (₹)
- 290.99
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 31.28
- Operating Margin %
- 13.55%
- Net Margin %
- 10.23%
- ROE %
- 7.99%
- ROCE %
- 10.44%
- 6.19%
- Debtor Days
- 39
- Inventory Days
- 42
- Payable Days
- 54
- 27
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 32.48x
- 2.38x
- Revenue Growth %
- 8.63%
- Operating Profit Growth %
- -0.32%
- Net Profit Growth %
- 3.80%
- 3.80%
- P/E (x)
- 14.80x
- P/B (x)
- 1.26x
- Dividend Yield %
- 1.64%
- 9.09x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
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Concalls
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