IGCL vs ULTRAMAR: Stock Comparison
ULTRAMARINE & PIGMENTS L is the larger company by market capitalisation. INDOGULF CROPSCIENCES shows a lower P/E and faster revenue growth, while ULTRAMARINE & PIGMENTS L shows a higher ROE, a higher dividend yield and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
IGCL leads 4; ULTRAMAR leads 9 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | IGCL | ULTRAMAR |
|---|---|---|
| Sector | Chemicals | — |
| Industry | Pesticides & Agrochemicals | — |
Price
| Metric | IGCL | ULTRAMAR |
|---|---|---|
| Live Price | ₹58.66 | ₹363.75 |
| Day Change | -2.67% | -1.99% |
| Volume | 1.51 L | 33,380 |
| 52-Week High | ₹111.4 | ₹455.75 |
| 52-Week Low | ₹49.46 | ₹364.1 |
| Distance from 52W High | -47.34% | -20.19% |
Valuation
| Metric | IGCL | ULTRAMAR |
|---|---|---|
| Market Cap | ₹369 Cr | ₹1,069 Cr |
| P/E Ratio | 8.86x | 11.78x |
| P/B Ratio | 0.74x | 1.25x |
| EPS | ₹0.38 | ₹10.82 |
| Book Value | ₹72.65 | ₹297.9 |
| Dividend Yield | 0% | 1.61% |
Growth
| Metric | IGCL | ULTRAMAR |
|---|---|---|
| Revenue Growth (TTM YoY) | 19.5% | 0% |
| EPS Growth (TTM YoY) | 14.4% | 0% |
| Qtr Sales Growth | 0% | 20.76% |
| Qtr Profit Growth | 0% | 123.25% |
Profitability & Leverage
| Metric | IGCL | ULTRAMAR |
|---|---|---|
| ROE | 8.41% | 9.29% |
| ROCE | 8.96% | 9.09% |
| Net Margin | 7.16% | 10.43% |
| Operating Margin | 10.05% | 14.3% |
| Debt to Equity | 0.37x | 0.09x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | IGCL | ULTRAMAR |
|---|---|---|
| Promoter Holding | 69.05% | 40.49% |
| FII Holding | 0.07%▼ 0.16 pp | 1.42%▲ 0.18 pp |
| DII Holding | 3.77%▼ 0.53 pp | 0.64%▼ 0.04 pp |
| Public Holding | 27.11%▲ 0.69 pp | 57.45%▼ 0.13 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: INDOGULF CROPSCIENCES and ULTRAMARINE & PIGMENTS L.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

