MBAPL vs ULTRAMAR: Stock Comparison
Madhya Bharat Agro Products Limited vs Ultramarine & Pigments Ltd
Live data: 24 July 2026, 4:08 PM IST • Source: NSE and company filings
Madhya Bharat Agro Products Limited is the larger company by market capitalisation. Madhya Bharat Agro Products Limited shows a higher ROE, faster revenue growth and lower leverage, while Ultramarine & Pigments Ltd 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.
Side-by-side comparison of Madhya Bharat Agro Products Limited and Ultramarine & Pigments Ltd on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | MBAPL | ULTRAMAR |
|---|---|---|
| Sector | Chemicals | — |
| Industry | Fertilizers | — |
Price
| Metric | MBAPL | ULTRAMAR |
|---|---|---|
| Live Price | ₹148.25 | ₹379.5 |
| Day Change | 0.99% | -1.44% |
| Volume | 8.56 L | 15,894 |
| 52-Week High | ₹610.9 | ₹443 |
| 52-Week Low | ₹109.75 | ₹364.1 |
| Distance from 52W High | -75.73% | -14.33% |
Valuation
| Metric | MBAPL | ULTRAMAR |
|---|---|---|
| Market Cap | ₹6,522 Cr | ₹1,107 Cr |
| P/E Ratio | 41.74x | 13.71x |
| P/B Ratio | 11.77x | 1.27x |
| EPS | ₹3.42 | ₹27.7 |
| Book Value | ₹62.73 | ₹298 |
| Dividend Yield | 0.08% | 1.52% |
Growth
| Metric | MBAPL | ULTRAMAR |
|---|---|---|
| Revenue Growth (TTM YoY) | 35.2% | 0% |
| EPS Growth (TTM YoY) | 318.4% | 0% |
| Qtr Sales Growth | 33% | 2.02% |
| Qtr Profit Growth | 319% | -8.58% |
Profitability & Leverage
| Metric | MBAPL | ULTRAMAR |
|---|---|---|
| ROE | 31.5% | 8.59% |
| ROCE | 19.4% | 10.8% |
| Net Margin | 7.82% | 10.43% |
| Operating Margin | 12.1% | 16.2% |
| Debt to Equity | 1.56x | 10x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | MBAPL | ULTRAMAR |
|---|---|---|
| Promoter Holding | 74.76% | 40.49%▲ 0.05 pp |
| FII Holding | 0.67%▲ 0.21 pp | 1.24%▲ 0.2 pp |
| DII Holding | 0.01%▲ 0.01 pp | 0.68%▼ 0.72 pp |
| Public Holding | 24.57%▼ 0.21 pp | 57.58%▲ 0.46 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: Madhya Bharat Agro Products Limited and Ultramarine & Pigments Ltd.
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.

