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3 Enzyme Maker, Pigment Producer and Footwear Brand Stocks With a Strong Future Roadmap: Advanced Enzyme Technologies, Ultramarine & Pigments and Redtape

  • October 16, 2026
  • Posted by: Ankit Jaiswal
  • Category: Best Stocks
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3 Enzyme Maker, Pigment Producer and Footwear Brand Stocks With a Strong Future Roadmap: Advanced Enzyme Technologies, Ultramarine & Pigments and Redtape

Advanced Enzyme Rs 262.90, P/E 17.28. Ultramarine Rs 392.70, P/E 12.67. Redtape Rs 112.82, P/E 25.49. Closing prices of 14 Oct 2026.

Quick Answer

Enzyme maker, pigment producer and footwear brand stocks with the clearest long-term roadmaps today include Advanced Enzyme in enzymes and probiotics for food, nutrition, pharma and animal feed, Ultramarine in ultramarine blue pigments and related colourants for plastics, paints and detergents and Redtape in footwear, apparel and accessories sold through its own brand stores and online channels. FY26 revenue growth was 16.5% at Advanced Enzyme, 11.2% at Ultramarine and 17.5% at Redtape. P/E stands at 17.28 for Advanced Enzyme (industry 37.59), 12.67 for Ultramarine (industry 36.60) and 25.49 for Redtape (industry 66.59). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company’s risks need equal attention.

Enzyme maker, pigment producer and footwear brand stocks give investors exposure to enzymes, colourants and footwear used across industry and daily life. Volumes, pricing and margins decide how much of that demand turns into profit.

This list covers three enzyme maker, pigment producer and footwear brand stocks: Advanced Enzyme Technologies for enzymes and probiotics for food, nutrition, pharma and animal feed, Ultramarine & Pigments for ultramarine blue pigments and related colourants for plastics, paints and detergents and Redtape for footwear, apparel and accessories sold through its own brand stores and online channels. Every figure comes from the latest reported financials and the 14 October 2026 market close. Companies without complete current figures were left out.

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Table of Contents

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  • What Are Enzyme Maker, Pigment Producer and Footwear Brand Stocks?
  • Enzyme Maker, Pigment Producer and Footwear Brand Stocks at a Glance
  • Why Do Enzyme Maker, Pigment Producer and Footwear Brand Stocks Have a Strong Roadmap in India?
  • Advanced Enzyme Technologies: Enzymes and Probiotics Build the Next Leg
  • Ultramarine & Pigments: Pigments for Plastics and Paints Drive the Pipeline
  • Redtape: A Footwear Brand Anchors the Roadmap
  • Best Enzyme Maker, Pigment Producer and Footwear Brand Stocks in India: Advanced Enzyme vs Ultramarine vs Redtape on Key Financials
  • How to Evaluate Enzyme Maker, Pigment Producer and Footwear Brand Stocks to Buy Before You Invest
  • Risks to Consider Before Investing in Enzyme Maker, Pigment Producer and Footwear Brand Stocks
  • Final Take: Which Stock Has the Strongest Roadmap?
  • FAQs on Enzyme Maker, Pigment Producer and Footwear Brand Stocks
    • Which are the best enzyme maker, pigment producer and footwear brand stocks in India with a strong roadmap?
    • Is Advanced Enzyme Technologies a good stock to buy now?
    • What is the P/E ratio of Advanced Enzyme, Ultramarine and Redtape?
    • Which of these enzyme maker, pigment producer and footwear brand stocks has the highest return on equity?
    • What are the risks of investing in enzyme maker, pigment producer and footwear brand stocks?
    • How did Advanced Enzyme, Ultramarine and Redtape perform in Q1 FY27?
    • Do enzyme maker, pigment producer and footwear brand stocks pay dividends?
    • How can I invest in enzyme maker, pigment producer and footwear brand stocks in India?

What Are Enzyme Maker, Pigment Producer and Footwear Brand Stocks?

Enzyme maker, pigment producer and footwear brand stocks are shares of companies that make health products, chemicals or run restaurants. Results depend on volumes, store additions and margins, so margins and cash flow separate the stronger names.

Enzyme Maker, Pigment Producer and Footwear Brand Stocks at a Glance

The table compares size, valuation, return on equity and debt for the three enzyme maker, pigment producer and footwear brand stocks as of the 14 Oct 2026 close.

Company CMP (Rs) Market Cap (Rs Cr) P/E Industry P/E ROE Debt to Equity
Advanced Enzyme Technologies 262.90 2,967 17.28 37.59 10.34% 0.02
Ultramarine & Pigments 392.70 1,168 12.67 36.60 9.29% 0.10
Redtape 112.82 6,285 25.49 66.59 23.55% 0.70

Among healthcare, chemicals and consumer stocks, all three trade at a discount to their industry P/E multiples.

Why Do Enzyme Maker, Pigment Producer and Footwear Brand Stocks Have a Strong Roadmap in India?

Enzyme maker, pigment producer and footwear brand stocks have a strong roadmap in India because nutrition demand, detergent and paint output and branded footwear spending keep adding volumes for these firms. Three drivers stand out.

  • Nutrition demand: Food and feed makers use enzymes and probiotics.
  • Industrial colour: Detergents, plastics and paints use pigments.
  • Brand spending: Shoppers choose branded footwear and apparel.

Advanced Enzyme Technologies: Enzymes and Probiotics Build the Next Leg

Advanced Enzyme’s roadmap rests on enzymes and probiotics for food, nutrition, pharma and animal feed, with a wide industrial customer base supporting revenue.

Revenue grew from Rs 535.80 crore in FY22 to Rs 780.59 crore in FY26, a 45.7% rise, and FY26 revenue was 16.5% higher than FY25. FY26 net profit rose 29.6% to Rs 173.61 crore. Over four years, net profit rose from Rs 123.80 crore in FY22 to Rs 173.61 crore. In Q1 FY27, revenue grew 4.1% to Rs 202.81 crore. Operating margin was 37.06% in FY26.

Debt to equity is 0.02 and return on equity is 10.34%. FY26 operating cash flow was Rs 156.78 crore against capital expenditure of Rs 52.38 crore. Advanced Enzyme paid a dividend of Rs 5.35 per share for FY26, a yield of 2.02%. At a P/E of 17.28 against an industry P/E of 37.59, the stock trades below its industry multiple.

What to watch: The P/E of 17.28 against an industry P/E of 37.59 leaves valuation less stretched, so the next quarters’ growth is the figure to follow.

Ultramarine & Pigments: Pigments for Plastics and Paints Drive the Pipeline

Ultramarine’s roadmap rests on ultramarine blue pigments and related colourants for plastics, paints and detergents, with steady industrial demand supporting volumes.

Revenue grew from Rs 499.48 crore in FY22 to Rs 786.41 crore in FY26, a 57.4% rise, and FY26 revenue was 11.2% higher than FY25. FY26 net profit rose 7.6% to Rs 80.77 crore. Over four years, net profit rose from Rs 58.30 crore in FY22 to Rs 80.77 crore. In Q1 FY27, revenue grew 31.2% to Rs 245.68 crore, and net profit rose 56.5% to Rs 31.59 crore. Operating margin was 17.91% in FY26 and 21.33% in Q1 FY27 against 18.78% a year earlier.

Debt to equity is 0.10 and return on equity is 9.29%. FY26 operating cash flow was Rs 128.27 crore against capital expenditure of Rs 67.87 crore. Ultramarine paid a dividend of Rs 6 per share for FY26, a yield of 1.50%. At a P/E of 12.67 against an industry P/E of 36.60, the stock trades below its industry multiple.

What to watch: Q1 FY27 operating margin was 21.33% against 17.91% for FY26, so margin stability is the figure to follow as volumes grow.

Redtape: A Footwear Brand Anchors the Roadmap

Redtape’s roadmap rests on footwear, apparel and accessories sold through its own brand stores and online channels, with store expansion supporting growth.

FY26 revenue was Rs 2,551.61 crore, 17.5% higher than FY25. FY26 net profit rose 41.5% to Rs 240.55 crore. In Q1 FY27, revenue grew 4.8% to Rs 496.42 crore, and net profit rose 15.2% to Rs 44.48 crore. Operating margin was 20.07% in FY26 and 20.50% in Q1 FY27 against 18.56% a year earlier.

Debt to equity is 0.70 and return on equity is 23.55%. FY26 operating cash flow was Rs 174.01 crore against capital expenditure of Rs 85.92 crore. Redtape paid a dividend of Rs 2 per share for FY26, a yield of 1.76%. At a P/E of 25.49 against an industry P/E of 66.59, the stock trades below its industry multiple.

What to watch: Q1 FY27 operating margin was 20.50% against 20.07% for FY26, so margin stability is the figure to follow as volumes grow.

Best Enzyme Maker, Pigment Producer and Footwear Brand Stocks in India: Advanced Enzyme vs Ultramarine vs Redtape on Key Financials

Among the best enzyme maker, pigment producer and footwear brand stocks in India, Advanced Enzyme leads on FY26 operating margin and the lowest debt to equity; Ultramarine leads on Q1 FY27 revenue growth and the lowest P/E; Redtape leads on FY26 revenue growth and FY26 net profit growth. The table puts the numbers side by side.

Metric Advanced Enzyme Ultramarine Redtape
FY26 revenue (Rs Cr) 780.59 786.41 2,551.61
FY26 revenue growth 16.5% 11.2% 17.5%
FY26 net profit (Rs Cr) 173.61 80.77 240.55
FY26 net profit growth 29.6% 7.6% 41.5%
FY26 operating profit margin 37.06% 17.91% 20.07%
Q1 FY27 revenue growth (YoY) 4.1% 31.2% 4.8%
Return on equity 10.34% 9.29% 23.55%
P/E ratio 17.28 12.67 25.49
Debt to equity 0.02 0.10 0.70
Dividend yield 2.02% 1.50% 1.76%
FY26 operating cash flow (Rs Cr) 156.78 128.27 174.01

Healthcare, chemicals and food earnings follow volumes, store additions and margins, so full-year numbers and quarterly trends together give a better view.

How to Evaluate Enzyme Maker, Pigment Producer and Footwear Brand Stocks to Buy Before You Invest

A short checklist keeps the research consistent when you screen enzyme maker, pigment producer and footwear brand stocks and shortlist enzyme maker, pigment producer and footwear brand stocks to buy.

  1. Compare each stock’s P/E with its industry P/E, which differs by company here.
  2. Check revenue growth, operating margin and cash flow together.
  3. Check whether revenue growth is turning into profit growth, not only sales.
  4. Read operating cash flow against capital expenditure to see how growth is funded.
  5. Watch debt to equity and interest cover before sizing a position.
  6. Spread exposure across companies and business lines instead of one demand cycle.

Check the Univest Screener for live data on these enzyme maker, pigment producer and footwear brand stocks

Risks to Consider Before Investing in Enzyme Maker, Pigment Producer and Footwear Brand Stocks

  • Consumer demand: Spending patterns can shift sales between quarters.
  • Input costs: Changes in raw material prices can affect margins.
  • Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.

Download the Univest iOS App or Univest Android App to track Advanced Enzyme, Ultramarine and Redtape live.

Final Take: Which Stock Has the Strongest Roadmap?

These three healthcare, chemicals and consumer stocks cover enzymes, pigments and footwear. Advanced Enzyme leads on FY26 operating margin and the lowest debt to equity; Ultramarine leads on Q1 FY27 revenue growth and the lowest P/E; Redtape leads on FY26 revenue growth and FY26 net profit growth.

Across enzyme maker, pigment producer and footwear brand stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the enzyme maker, pigment producer and footwear brand stocks to buy discussed here.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs on Enzyme Maker, Pigment Producer and Footwear Brand Stocks

Which are the best enzyme maker, pigment producer and footwear brand stocks in India with a strong roadmap?

Ans. Advanced Enzyme Technologies, Ultramarine & Pigments and Redtape stand out for their roadmaps in enzymes, pigments and footwear. FY26 revenue growth was 16.5% at Advanced Enzyme, 11.2% at Ultramarine and 17.5% at Redtape, and return on equity ranges from 9.29% to 23.55%.

Is Advanced Enzyme Technologies a good stock to buy now?

Ans. Advanced Enzyme Technologies has a debt to equity ratio of 0.02, a return on equity of 10.34% and a P/E of 17.28 against an industry P/E of 37.59. Valuation, demand and input costs move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.

What is the P/E ratio of Advanced Enzyme, Ultramarine and Redtape?

Ans. The P/E ratio is 17.28 for Advanced Enzyme (industry 37.59), 12.67 for Ultramarine (industry 36.60) and 25.49 for Redtape (industry 66.59). All of them trade below the industry multiple.

Which of these enzyme maker, pigment producer and footwear brand stocks has the highest return on equity?

Ans. Redtape has the highest return on equity at 23.55%, followed by Advanced Enzyme Technologies at 10.34% and Ultramarine & Pigments at 9.29%.

What are the risks of investing in enzyme maker, pigment producer and footwear brand stocks?

Ans. The main risks are consumer demand, input costs and quarterly trends. Spending patterns can shift sales between quarters.

How did Advanced Enzyme, Ultramarine and Redtape perform in Q1 FY27?

Ans. Advanced Enzyme Technologies reported revenue of Rs 202.81 crore, up 4.1% year on year. Ultramarine & Pigments reported revenue of Rs 245.68 crore, up 31.2% year on year, and net profit rose 56.5% to Rs 31.59 crore. Redtape reported revenue of Rs 496.42 crore, up 4.8% year on year, and net profit rose 15.2% to Rs 44.48 crore.

Do enzyme maker, pigment producer and footwear brand stocks pay dividends?

Ans. Yes, all three companies pay dividends. The dividend yield is 2.02% for Advanced Enzyme, 1.50% for Ultramarine and 1.76% for Redtape, based on dividends declared for FY26.

How can I invest in enzyme maker, pigment producer and footwear brand stocks in India?

Ans. You can buy enzyme maker, pigment producer and footwear brand stocks through a demat and trading account on NSE or BSE after checking each company’s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.



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Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

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