INDOKEM vs ULTRAMAR: Stock Comparison

INDOKEM vs ULTRAMARINE & PIGMENTS LUpdated 18 Sept 26, 4:08 PM ISTNSE & company filings

INDOKEM is the larger company by market capitalisation. ULTRAMARINE & PIGMENTS L shows a lower P/E, a higher dividend yield and a higher net margin. 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

INDOKEM leads 0; ULTRAMAR leads 7 of 9

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

INDOKEMULTRAMAR

Valuation lens

What price are you paying?

Market CapContext only
₹1,729 Cr
₹1,241 Cr
P/E RatioULTRAMAR has the lower reading
1,542.14x
13.55x
P/B RatioULTRAMAR has the lower reading
28.01x
1.44x
EPSULTRAMAR has the higher reading
₹0.31
₹9.58
Book ValueContext only
₹23.13
₹297.9
Dividend YieldULTRAMAR has the higher reading
0%
1.41%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
INDOKEM is the larger company
₹1,729 Cr vs ₹1,241 Cr
P/E Ratio
ULTRAMAR has a lower P/E
13.55x vs 1,542.14x
P/B Ratio
ULTRAMAR has a lower P/B
1.44x vs 28.01x
EPS
ULTRAMAR has higher earnings per share
₹9.58 vs ₹0.31
Dividend Yield
ULTRAMAR has a higher dividend yield
1.41% vs 0%
Qtr Sales Growth
ULTRAMAR has stronger quarterly sales growth
-8.79% vs -74.9%
Qtr Profit Growth
ULTRAMAR has stronger quarterly profit growth
-11.46% vs -53.51%
Net Margin
ULTRAMAR has a higher net margin
10.43% vs 0%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Price

MetricINDOKEMULTRAMAR
Live Price₹620₹424.4
Day Change-3.6%2.88%
Volume13,99178,947
52-Week High₹666.9₹455.75
52-Week Low₹555₹364.1
Distance from 52W High-7.03%-6.88%

Valuation

MetricINDOKEMULTRAMAR
Market Cap₹1,729 Cr₹1,241 Cr
P/E Ratio1,542.14x13.55x
P/B Ratio28.01x1.44x
EPS₹0.31₹9.58
Book Value₹23.13₹297.9
Dividend Yield0%1.41%

Growth

MetricINDOKEMULTRAMAR
Revenue Growth (TTM YoY)0%0%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth-74.9%-8.79%
Qtr Profit Growth-53.51%-11.46%

Profitability & Leverage

MetricINDOKEMULTRAMAR
ROE9.29%
ROCE9.07%
Net Margin0%10.43%
Operating Margin14.3%
Debt to Equity0.09x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricINDOKEMULTRAMAR
Promoter Holding68.67%40.49%
FII Holding1.42% 0.18 pp
DII Holding0.19%0.64% 0.04 pp
Public Holding31.14%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: INDOKEM and ULTRAMARINE & PIGMENTS L.

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.