Ultramarine & Pigments Reports Strong FY26 Performance and Recommends Dividend

Ultramarine & Pigments Ltd's Board of Directors has approved the company's audited financial results for the fiscal year ending March 31, 2026. The company announced a consolidated profit after tax of ₹8,078 lakh (₹80.78 crore) and a standalone profit after tax of ₹7,232 lakh (₹72.32 crore).

Dividend Recommendation for Shareholders

The board has recommended a final dividend of ₹6 per share, based on a face value of ₹2 per share. This proposal will be presented to shareholders for approval at the upcoming Annual General Meeting. The dividend payout reflects the company's commitment to returning value to its investors.

Financial Highlights for FY26

Key financial metrics for fiscal year 2026 include:

• Consolidated Profit After Tax: ₹8,078 lakh (₹80.78 crore)
• Consolidated Basic Earnings Per Share (EPS): ₹27.66
• Standalone Profit After Tax: ₹7,232 lakh (₹72.32 crore)
• Standalone Basic EPS: ₹24.77

Potential Impact of New Labor Codes

Management is closely observing the finalization of new labor codes, which could introduce additional costs. The company has estimated a one-time cost of ₹186 lakh associated with gratuity and compensated absences stemming from these codes. Any further developments will be factored into future accounting.

Shareholder Action Required

The primary next step for shareholders is to vote on the recommended final dividend during the Annual General Meeting. The official declaration of FY26 financial performance marks a significant reporting milestone for the company.