Ultramarine & Pigments Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	7,748	6,947	5,606	5,566	4,904
Revenue Growth (YoY)	11.52%	23.91%	0.73%	13.50%	59.13%
Cost of Revenue	4,820	4,367	3,411	3,296	3,108
Gross Profit	2,927	2,580	2,196	2,270	1,797
Selling, General & Admin	809.5	738.52	686.53	641.66	528.42
Other Operating Expenses	877.5	655.11	566.06	616.17	431.43
Operating Expenses	1,960	1,635	1,474	1,427	1,079
Operating Income	967.6	945.32	721.86	843.23	717.31
Interest Expense	-61.3	-67.45	-66	-44.96	-29.57
Interest & Investment Income	-	77.37	79.6	91.07	80.61
Currency Exchange Gain (Loss)	-	16.54	7.27	15.25	2.7
Other Non Operating Income (Expenses)	116.4	15.92	7.85	3.65	3.47
EBT Excluding Unusual Items	1,023	987.7	750.59	908.24	774.52
Gain (Loss) on Sale of Investments	-	12.46	8.75	2.51	3.4
Gain (Loss) on Sale of Assets	-	-4.49	-3.78	-3.57	-1.99
Other Unusual Items	24	-	-	1.92	0.17
Pretax Income	1,047	995.66	755.56	909.1	776.09
Income Tax Expense	239	245.21	179.61	217.11	193.06
Net Income	807.7	750.45	575.95	692	583.03
Net Income to Common	807.7	750.45	575.95	692	583.03
Net Income Growth	7.63%	30.30%	-16.77%	18.69%	4.51%
Shares Outstanding (Basic)	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29
Shares Change (YoY)	0.00%	-	-	-	-
EPS (Basic)	27.66	25.70	19.72	23.70	19.97
EPS (Diluted)	27.66	25.70	19.72	23.70	19.97
EPS Growth	7.63%	30.33%	-16.79%	18.69%	4.54%
Free Cash Flow	604.6	375.34	149.01	14.06	-397.3
Free Cash Flow Per Share	20.70	12.85	5.10	0.48	-13.61
Dividend Per Share	6.000	6.000	5.000	5.000	5.000
Dividend Growth	-	20.00%	-	-	-
Gross Margin	37.78%	37.14%	39.16%	40.78%	36.63%
Operating Margin	12.49%	13.61%	12.88%	15.15%	14.63%
Profit Margin	10.42%	10.80%	10.27%	12.43%	11.89%
Free Cash Flow Margin	7.80%	5.40%	2.66%	0.25%	-8.10%
EBITDA	1,240	1,172	921.44	992.6	822.04
EBITDA Margin	16.01%	16.86%	16.43%	17.83%	16.76%
D&A For EBITDA	272.7	226.29	199.57	149.37	104.73
EBIT	967.6	945.32	721.86	843.23	717.31
EBIT Margin	12.49%	13.61%	12.88%	15.15%	14.63%
Effective Tax Rate	22.83%	24.63%	23.77%	23.88%	24.88%
Revenue as Reported	7,864	7,071	5,710	5,681	4,995
Advertising Expenses	-	17.3	24.05	26.49	15.94

Source: S&P Global Market Intelligence. Standard template. Financial Sources.