Ultramarine & Pigments Limited

Manufacturer of surfactants and pigments with two manufacturing units in Tamil Nadu.

1960 | Mumbai, Maharashtra (India) | Active
Last Updated: June 29, 2024

Ultramarine & Pigments Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.84 Cr
  • Company Age 64 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 110.98 Cr
  • Satisfied Charges ₹ 84.20 Cr
  • Revenue Growth 10.73%
  • Profit Growth 13.96%
  • Ebitda 10.45%
  • Net Worth -14.73%
  • Total Assets -13.53%

About Ultramarine & Pigments

Ultramarine & Pigments Limited (UPL) was founded in India on 25 October 1960 and has a glorious history of 64 years and three months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506685.

The Company is engaged in the Chemicals And Resources Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.84 Cr.

The company currently has active open charges totaling ₹110.98 Cr. The company has closed loans amounting to ₹84.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ultramarine & Pigments Limited India are Ramanan Swaminathan as CFO and Kishore Sahoo as Company Secretary. Rajeev Pandia, Nimishbhai Patel, Rangaswamy Sampath, and Eight other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L24224MH1960PLC011856

  • Company No.

    011856

  • Stock Symbol

    BSE : 506685

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1960

  • Date of AGM

    21 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Resources
FMCG

What products or services does Ultramarine & Pigments Limited offer?

Ultramarine & Pigments Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Speciality Chemicals, Dyes & Color Additives, Color Pigment, Pigments, Detergent, Industrial Detergent, Organic and Inorganic Solvents, Aromatic Hydrocarbon Solvent, Pigment Powders.

Who are the key members and board of directors at Ultramarine & Pigments?

Executive Team (4)

NameDesignationAppointment DateStatus
Tara Parthasarathy Country flag representing In Managing Director16-Mar-2015Current
Bharathram Vijayaraghavan Country flag representing In Managing Director01-Aug-2019Current
Ramanan Swaminathan Country flag representing In CFO10-Nov-2014Current
Kishore Sahoo Country flag representing In Company Secretary01-Jan-2014Current

Board Members (9)

NameDesignationAppointment DateStatus
Rajeev Pandia Country flag representing In Director 12-Nov-2018Current
Hemalatha Mohan Country flag representing In Director 31-Mar-2024Current
Harsh Gandhi Country flag representing In Director 01-Aug-2019Current
Nimishbhai Patel Country flag representing In Director 28-Oct-2003Current
Rangaswamy Sampath Country flag representing In Director 01-Aug-2007Current
Navin Ram Country flag representing Io Director 10-Nov-2014Current

Financial Performance of Ultramarine & Pigments.

Ultramarine & Pigments Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.73% increase. The company also saw a substantial improvement in profitability, with a 13.96% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.73%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
10.73%
Revenue from Operations
10.26%
Total Assets
-13.53%
Profit or Loss
13.96%
Net Worth
-14.73%
EBITDA
10.45%

What is the Ownership and Shareholding Structure of Ultramarine & Pigments?

In 2022, Ultramarine & Pigments had a promoter holding of 44.06% and a public holding of 55.93%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹110.98 Cr

Satisfied Charges

₹84.20 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 60.48 Cr
  • Axis Bank Limited : 50.50 Cr

Latest Charge Details

DateLenderAmountStatus
03 Apr 2023The Hongkong And Shanghai Banking Corporation Limited₹5.00 CrOpen
08 Sep 2021Axis Bank Limited₹50.50 CrOpen
20 Nov 2018The Hongkong And Shanghai Banking Corporation Limited₹55.48 CrOpen
23 Aug 2013Others₹23.50 CrSatisfied
12 Nov 2012Others₹23.50 CrSatisfied

How Many Employees Work at Ultramarine & Pigments?

Unlock and access historical data on people associated with Ultramarine & Pigments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ultramarine & Pigments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ultramarine & Pigments's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ultramarine & Pigments

Recent activity within the organization

  • Director Appointment

    Hemalatha Mohan was appointed as a Director was appointed as a Director on 31 Mar 2024 & has been associated with this company since 10 months 23 days .

    31 Mar 2024

  • Annual General Meeting

    Ultramarine & Pigments Limited last Annual general meeting of members was held on 21 Jul 2023 as per latest MCA records.

    21 Jul 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 5.00 Cr with Charge ID 100705112 was registered on 03 Apr 2023.

    03 Apr 2023

  • Balance Sheet

    Ultramarine & Pigments Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 55.48 Cr registered on 20 Nov 2018 with Charge ID 100222118 was modified on 23 Mar 2023.

    23 Mar 2023

  • Charges

    A charge registered on 23 Aug 2013 via Charge ID 10449063 with Others was fully satisfied on 30 Jun 2022.

    30 Jun 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Ultramarine & Pigments Limited was incorporated on 25 Oct 1960.

  • The authorized share capital of Ultramarine & Pigments Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.84 Cr.

  • Currently 13 directors are associated with Ultramarine & Pigments Limited.

    • Rajeev Mahendra Pandia
    • Nimishbhai Upendrabhai Patel
    • Rangaswamy Sampath
    • Harsh Rajendra Gandhi
    • Navin Muthu Ram
    • Belur Krishna Murthy Sethuram
    • Tara Parthasarathy
    • Hemalatha Mohan
    • Calidas Ramchandar Chandra Bob
    • Ramachandra Senthil Kumar
    • Bharathram Vijayaraghavan
    • Ramanan Swaminathan
    • Kishore Kumar Sahoo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ultramarine & Pigments Limited is Thirumalai House Road No. 29 Near Sion Hill Fort, Sion (East), Mumbai, Maharashtra, India, 400022.

  • The corporate identification number (CIN) of Ultramarine & Pigments Limited is L24224MH1960PLC011856 and the company number is 011856 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ultramarine & Pigments Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Ultramarine & Pigments Limited is https://www.ultramarinepigments.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ultramarine & Pigments Limited has risen by 10.73%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ultramarine & Pigments Limited has experienced an downturn of -14.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ultramarine & Pigments Limited amount to ₹ 110.98 Cr.

  • The most recent Balance Sheet for Ultramarine & Pigments Limited was filed with the ROC on 31 Mar 2023.