Ultramarine & Pigments Q2 Results FY27: PAT Up 51.55% to Rs 29.34 Cr, Revenue Rs 251.68 Cr

Ultramarine & Pigments Ltd (ULTRAMAR) Q2 Results FY27 announced on 5 November 2026, covering the company's financial performance for the July to September quarter. The results date of 5 November 2026 brings revenue of Rs 251.68 Cr and PAT of Rs 29.34 Cr. Ultramarine & Pigments Q2 Results FY27 therefore pair a 28.36% rise in revenue with a 51.55% rise in net profit.

This Univest results analysis of Ultramarine & Pigments Q2 Results covers the financial highlights, business drivers, outlook and risks for the quarter. The Financial Highlights table that follows sets the figures side by side before the narrative turns to what stands out.

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Ultramarine & Pigments Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 251.68 Cr	Rs 196.07 Cr	+28.36% YoY
Net Profit (PAT)	Rs 29.34 Cr	Rs 19.36 Cr	+51.55% YoY

Source: company filing for Ultramarine & Pigments Q2 Results FY27, 5 November 2026. Figures in Rs Crore.

Key Takeaways from Ultramarine & Pigments Q2 Results: What Stands Out

• Revenue: Revenue rose 28.36% YoY to Rs 251.68 Cr from Rs 196.07 Cr, which is the starting point for the quarterly results.
• Net profit: Net profit rose 51.55% YoY to Rs 29.34 Cr from Rs 19.36 Cr, so net profit grew faster than revenue over the year.
• Profit margin: Net profit margin improved to 11.7% from 9.9% in the comparison quarter, as net profit grew faster than revenue.
• Sequential view: Net profit was down 7.1% from Rs 31.59 Cr in the previous quarter, which sits beside the YoY growth shown here.
• Return on equity: Return on equity was low at 8.76% in FY26, which Ultramarine & Pigments Q2 Results FY27 place alongside the quarterly growth.

Ultramarine & Pigments Q2 Results FY27: Performance Analysis

The numbers show growth in both revenue and net profit over the year. Ultramarine & Pigments reported revenue of Rs 251.68 Cr, up 28.36% YoY, and net profit of Rs 29.34 Cr, up 51.55% YoY. This results analysis therefore reads as a quarter in which profit grew faster than sales.

Net profit margin improved to 11.7% from 9.9% in the comparison quarter, which means more of each rupee of revenue reached net profit. Ultramarine & Pigments Q2 Results FY27 thus combine YoY growth in revenue with a higher margin, as the quarterly results confirm.

The sequential figure points the other way, with net profit down 7.1% from Rs 31.59 Cr in the previous quarter. That contrast makes Ultramarine & Pigments Q2 Results a quarter of strong YoY growth set against a lower quarter on quarter profit, which is where the results analysis turns to the business factors.

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Key Business Factors This Quarter

Revenue Growth – The results analysis points first to revenue, which grew 28.4% year on year to Rs 251.68 Cr in the latest quarter. This growth is the first business factor recorded in the quarterly results for Ultramarine & Pigments Q2 Results FY27.

Net Profit Growth – Net profit rose 51.5% year on year to Rs 29.34 Cr, which is a faster rate than revenue growth over the same period, and it lifted the net profit margin in the latest quarter.

Margin Improvement – Net profit margin improved to 11.7% from 9.9% in the comparison quarter, so each rupee of revenue converted into more net profit than it did a year earlier.

FY27 Outlook After Ultramarine & Pigments Q2 Results

FY27 full-year results will depend on the quarters that follow, and the quarter reported on 5 November 2026 is one input among several. Ultramarine & Pigments Q2 Results FY27 supply revenue of Rs 251.68 Cr and net profit of Rs 29.34 Cr as reference points for that comparison.

Readers following this results analysis can compare each later quarter with these figures, including the 11.7% net profit margin, using the Univest Screener. Subsequent disclosures and sector conditions will shape how the FY27 numbers build up, and the risks below describe what the data flags for attention.

Key Risks to Watch After Ultramarine & Pigments Q2 Results FY27

Low Return on Equity

Return on equity was low at 8.76% in FY26, and that is the first risk flagged in the data. Ultramarine & Pigments Q2 Results FY27 show strong YoY growth, so this FY26 ratio is a reference point for later quarters.

Volatile Quarterly Net Profit

Quarterly net profit has been volatile, ranging from Rs 14.15 Cr to Rs 31.59 Cr over the last 5 quarters. That range means a single quarter of YoY growth is best read alongside the others.

Lower Net Profit Than the Previous Quarter

Net profit was down 7.1% quarter on quarter from Rs 31.59 Cr. A lower sequential figure sits beside the YoY growth in net profit, which investors can track through later quarterly figures.

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Conclusion

Ultramarine & Pigments Q2 Results FY27 combine a 28.36% rise in revenue to Rs 251.68 Cr with a 51.55% rise in net profit to Rs 29.34 Cr. These figures show higher sales and higher profit over the year. For anyone tracking Ultramarine & Pigments Q2 Results, the quarterly results are best read with the risks above, and investors should consult a SEBI-registered advisor before acting.

Frequently Asked Questions on Ultramarine & Pigments Q2 Results FY27

What are Ultramarine & Pigments Q2 Results FY27?

Ans. Ultramarine & Pigments Q2 Results FY27 are the quarterly results for July to September 2026, showing revenue of Rs 251.68 Cr and net profit of Rs 29.34 Cr, as summarised in the Quick Answer at the top.

What is the results date for Ultramarine & Pigments Q2 Results FY27?

Ans. The results date for Ultramarine & Pigments Q2 Results FY27 is 5 November 2026, which means the figures cover the July to September 2026 quarter, as the opening paragraphs explain.

What revenue was reported in Ultramarine & Pigments Q2 Results FY27?

Ans. Ultramarine & Pigments reported revenue of Rs 251.68 Cr in the quarter, compared with Rs 196.07 Cr a year earlier, as shown in the Financial Highlights table above.

What net profit was reported in Ultramarine & Pigments Q2 Results FY27?

Ans. Ultramarine & Pigments reported net profit of Rs 29.34 Cr for the quarter, compared with Rs 19.36 Cr a year earlier, which the Performance Analysis section covers in more detail.

How much YoY growth did revenue show in Ultramarine & Pigments Q2 Results FY27?

Ans. Revenue showed YoY growth of 28.36% in the quarter, while net profit grew 51.55%, so the faster profit growth is covered in the Performance Analysis section.

Did net profit rise or fall in Ultramarine & Pigments Q2 Results?

Ans. Net profit rose 51.55% YoY in the quarter, from Rs 19.36 Cr to Rs 29.34 Cr, while revenue also rose, so the Key Takeaways section treats both lines as growing.

What was the net profit margin in Ultramarine & Pigments Q2 Results FY27?

Ans. Net profit margin was 11.7% in the quarter, against 9.9% in the comparison quarter, which means more of each rupee of revenue reached net profit, as the Key Business Factors section notes.

Did net profit rise or fall quarter on quarter in Ultramarine & Pigments Q2 Results?

Ans. Net profit was down 7.1% quarter on quarter from Rs 31.59 Cr, while it was up 51.55% YoY, as the Key Risks section lists for the previous quarter.

What business factors shaped Ultramarine & Pigments Q2 Results FY27?

Ans. Revenue growth of 28.4% year on year and net profit growth of 51.5% shaped the quarter, while the Key Business Factors section also covers the improved net profit margin.

What are the key risks after Ultramarine & Pigments Q2 Results FY27?

Ans. The key risks are the low return on equity of 8.76% in FY26 and volatile quarterly net profit, which means the range of results needs watching, as the Key Risks section lists.

What is the outlook after Ultramarine & Pigments Q2 Results?

Ans. FY27 full-year results will depend on the quarters that follow, so revenue of Rs 251.68 Cr and net profit of Rs 29.34 Cr serve as the reference points listed in the Outlook section.

Where can I find the complete Ultramarine & Pigments Q2 Results FY27 data?

Ans. The complete Ultramarine & Pigments Q2 Results FY27 data sits in the Financial Highlights table above, while the Univest app lets investors follow later quarterly results for the stock alongside these figures.