ISHANCH vs ULTRAMAR: Stock Comparison

Ishan Dyes and Chemicals Limited vs Ultramarine & Pigments LtdUpdated 26 Aug 26, 4:08 PM ISTNSE & company filings

Ultramarine & Pigments Ltd is the larger company by market capitalisation. Ishan Dyes and Chemicals Limited shows a lower P/E and faster revenue growth, while Ultramarine & Pigments Ltd 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

ISHANCH leads 5; ULTRAMAR leads 7 of 13

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.

ISHANCHULTRAMAR

Valuation lens

What price are you paying?

Market CapContext only
₹117 Cr
₹1,264 Cr
P/E RatioISHANCH has the lower reading
-15.49x
13.27x
P/B RatioISHANCH has the lower reading
0.88x
1.41x
EPSULTRAMAR has the higher reading
₹-3
₹31.6
Book ValueContext only
₹54.34
₹298
Dividend YieldULTRAMAR has the higher reading
0%
1.51%

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

Key Differences

Market Cap
ULTRAMAR is the larger company
₹1,264 Cr vs ₹117 Cr
P/E Ratio
ISHANCH has a lower P/E
-15.49x vs 13.27x
P/B Ratio
ISHANCH has a lower P/B
0.88x vs 1.41x
EPS
ULTRAMAR has higher earnings per share
₹31.6 vs ₹-3
Dividend Yield
ULTRAMAR has a higher dividend yield
1.51% vs 0%
Revenue Growth (TTM YoY)
ISHANCH has faster revenue growth
89.8% vs 0%
Qtr Sales Growth
ISHANCH has stronger quarterly sales growth
89.8% vs 30.1%
Qtr Profit Growth
ISHANCH has stronger quarterly profit growth
226% vs 56.5%

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

Profile

MetricISHANCHULTRAMAR
SectorChemicals
IndustrySpecialty Chemicals

Price

MetricISHANCHULTRAMAR
Live Price₹43.23₹432.75
Day Change-1.75%5.48%
Volume79,2991.98 L
52-Week High₹83.37₹455.75
52-Week Low₹42.52₹364.1
Distance from 52W High-48.15%-5.05%

Valuation

MetricISHANCHULTRAMAR
Market Cap₹117 Cr₹1,264 Cr
P/E Ratio-15.49x13.27x
P/B Ratio0.88x1.41x
EPS₹-3₹31.6
Book Value₹54.34₹298
Dividend Yield0%1.51%

Growth

MetricISHANCHULTRAMAR
Revenue Growth (TTM YoY)89.8%0%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth89.8%30.1%
Qtr Profit Growth226%56.5%

Profitability & Leverage

MetricISHANCHULTRAMAR
ROE-5.78%8.59%
ROCE0.96%10.8%
Net Margin-9.68%10.43%
Operating Margin5.09%16.6%
Debt to Equity0.64x0.1x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricISHANCHULTRAMAR
Promoter Holding40.15%40.49%
FII Holding1.42% 0.18 pp
DII Holding0%0.64% 0.04 pp
Public Holding59.85%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: Ishan Dyes and Chemicals Limited and Ultramarine & Pigments Ltd.

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.