NSE: ULTRMARINE | BSE: 506685 | ISIN: INE405A01021
INDUSTRY : Specialty Chemicals
201.40 18.75 (10.27%)
BSEJul 03, 2020 15:31
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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2018-08-08||Ultramarine & Pigmen..||Prabhudas Lilladhar||286.00||286.00 (-29.58%)||Sell|
Ultramarine Pigments (UMP) produces range of inorganic pigments, detergents and cosmetic grade surfactants. They also have an ITES division, which offers services for international customers in digital publishing, healthcare etc. For FY18, sales, EBIDTA and PAT were at Rs2.8bn (+9%YoY), Rs602mn (+20%YoY) and Rs436mn (+35%YoY) respectively. Surfactants is the largest business and accounted for 58% of FY18 revenues, followed by pigments (31% of FY18 sales) and balance is accounted by ITES division. Growth has accelerated for UMP and over five years EBIDTA and PAT has...