Ultramarine & Pigments Limited - Company Profile

It is a chemicals public limited company based in Mumbai, Maharashtra, India, established in 1960.

1960 Mumbai, Maharashtra, India Active

Last Updated: December 22, 2025

About Ultramarine & Pigments Limited

Ultramarine & Pigments Limited, a active public limited company, was established on 25 October 1960 in Mumbai, Maharashtra, India. Engaging in pharmaceuticals within the manufacturing sector, it holds CIN: L24224MH1960PLC011856. Registered under ROC Roc Mumbai. it is listed on BSE: 506685. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.84 Cr.

It upholds a compliant status. In 2024, it reported revenue of ₹537.21 Cr and a net worth of ₹893.10 Cr. Its leadership includes Ramachandra Senthil Kumar (Whole-Time Director), Anil Sharma (Cfo), Bharathram Vijayaraghavan (Managing Director). Past directors included Sridhar Sundararajan, Santhanam Sundararajan, Ragothaman Rao Sethumadhava. It holds ₹72.33 Cr open charges and ₹84.20 Cr settled loans. Its latest AGM occurred on 24 July 2025, with the balance sheet filed on 31 March 2025. It is based at Thirumalai House, Road No. 29 Near Sion Hill Fort, Sion (East),, Mumbai, Maharashtra, 400022.

Company Details

CIN/LLPIN
L24224MH1960PLC011856
Registration Number
011856
Incorporation Date
25 October 1960
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹5.84 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 506685)
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 22-12-2025
Paid Up Capital ₹ 5.84 Cr as on 22-12-2025
Company Age 65 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 72.33 Cr as on 22-12-2025
Satisfied Charges ₹ 84.20 Cr as on 22-12-2025
Revenue Growth **** -2.98% (FY 2024)
Profit Growth **** -19.02% (FY 2024)
Ebitda **** -13.87% (FY 2024)
Net Worth 21.86% (FY 2024)
Total Assets **** 20.91% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Ultramarine & Pigments Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

Name	Designation	Appointment Date	Status
Ramachandra Senthil Kumar	Whole-Time Director	08 Aug 2016	Current
Anil Sharma	Cfo	01 Aug 2024	Current
Bharathram Vijayaraghavan	Managing Director	01 Aug 2019	Current
Harsh Rajendra Gandhi	Director	01 Aug 2019	Current
Calidas Ramchandar Chandra Bob	Director	12 Nov 2018	Current
Indira Sundararajan	Director	21 Jul 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Aug 2012	Past
Pramod Abcsdd	Director	08 Aug 2016	Past
Pramod Abcsdd	Director	13 Feb 2020	Past
Pramod Abcsdd	Company Secretary	31 Dec 2012	Past
Pramod Abcsdd	Company Secretary	31 Dec 2013	Past
Pramod Abcsdd	Director Appointed In Casual Vacancy	07 Aug 2014	Past

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Financial Performance of Ultramarine & Pigments.

Ultramarine & Pigments Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 2.98% decrease. The company also saw a substantial fall in profitability, with a 19.02% decrease in profit. The company's net worth Soared by an impressive increase of 21.86%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-2.98%

*******

Revenue from Operations

*******

-2.93%

*******

Total Assets

*******

20.91%

*******

Profit or Loss

*******

-19.02%

*******

Net Worth

*******

21.86%

*******

EBITDA

*******

-13.87%

*******

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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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹723,300,000.00

Satisfied Charges

₹842,000,000.00

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 60.48 Cr
Axis Bank Limited : 11.00 Cr
Bank Of India : 0.85 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 May 2024	Bank Of India	₹8.50 M	Open
03 Apr 2023	The Hongkong And Shanghai Banking Corporation Limited	₹5.00 Cr	Open
08 Sep 2021	Axis Bank Limited	₹11.00 Cr	Open
20 Nov 2018	The Hongkong And Shanghai Banking Corporation Limited	₹55.48 Cr	Open
23 Aug 2013	Others	₹23.50 Cr	Satisfied

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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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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.

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Latest Updates, News, and FAQs on Ultramarine & Pigments

Recent Activity within the Organization

Annual General Meeting

The activity Ultramarine & Pigments Limited last Annual general meeting of members was held on 24 Jul 2025 as per latest MCA records. was completed.
24 Jul 2025
Charges

Progress on A charge with Axis Bank Limited of Rs. 11.00 Cr registered on 08 Sep 2021 with Charge ID 100485123 was modified on 02 Jun 2025. was documented.
02 Jun 2025
Balance Sheet

Progress on Ultramarine & Pigments Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

Anil Sharma was appointed as a CFO was appointed as a CFO on 09 Aug 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.
09 Aug 2024
Director Appointment

The activity Anil Sharma was appointed as a CFO was appointed as a CFO on 01 Aug 2024 & has been associated with this company since 1 year 6 months . was completed.
01 Aug 2024
Charges

Progress on A charge with Bank Of India amounted to Rs. 0.85 Cr with Charge ID 100935832 was registered on 24 May 2024. was documented.
24 May 2024

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