Demo
Close Language Tab
Locate us
Languages
U
Ultramarine & Pigments Ltd Chemicals
(%)
  • NSE
  • BSE

Overview

  • BSE Code 506685
  • NSE Symbol ULTRMARINE
  • ISIN Demat INE405A01021
  • Book Value (₹) 329.31
  • Face Value (₹) 2.00
  • Market Cap (₹ Cr.) 1,654.91
  • P/E (TTM) 23.91
  • EPS (TTM) 23.70
  • Div Yield (%) 1.06

Performance

Today’s Low
Today’s High

52W Low
52W High

Open
Prev. Close
Volume

Corporate Actions

No Data Found

About Ultramarine & Pigments Ltd

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 created and deployed four windmills which can generate one MW of electricity pa. The company also created and deployed a new plant in Sep.'95, to manufacture synthetic detergent bars/cakes with an installed capacity of 15,000 mtpa.

In 1995-96, the company issued bonus shares in the ratio 1:1. Its new plant to manufacture alkyl benzene sulphonic acid with a capacity of 16,000 mtpa, commenced production in Apr.'96.

During 1996-97, the company has created and deployed a Linear Alkyl Benzene Sulphonic Acid plant with an installed capacity of 16,000 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 1997-98, the company broadened its footprint the installed capacity of its Ultramarine Blue by 1,500 MT.

The company has amalgamated with Sri Narasimha Plastic Industries Pvt. Ltd., in 1999-2000 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 2000-2001,the company received ISO 14001 Certificate for Blue and Detergent Divisions at Ranipet.

The company has broadened its footprint the installed capacity of HDPE/PP Woven Fabric during the year 2003-04 by 180 MT and with this expansion,the total capacity has risen to 900 MT.

Founded: 1960
Chairman: R Sampath
Managing Director: Tara Parthasaraty
Address: Thirumalai House Road No 29, Near Sion Hill Fort East, Mumbai, Maharashtra, 400022,