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Ultramarine & PigmentsNSE:ULTRAMAR +0.35%74 Gross Margin % is 25.21% as of Mar. 2026, which is 14% below its 10-year median of 29.34. GuruFocus rates NSE:ULTRAMAR with a GF Score™ of 74/100 and a GF Value™ of ₹580.27 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,558 Chemicals companies, Ultramarine & Pigments ranks better than 59.44% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Ultramarine & Pigments had a gross margin of 25.21% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Ultramarine & Pigments Gross Margin % Related Terms
Ultramarine & Pigments Gross Margin % Historical Data
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The historical data trend for Ultramarine & Pigments's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:ULTRAMAR vs LIN, SHW, ECL: Gross Margin % Comparison
For the Specialty Chemicals subindustry, Ultramarine & Pigments's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ultramarine & Pigments Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ultramarine & Pigments's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ultramarine & Pigments's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Ultramarine & Pigments (NSE:ULTRAMAR) has a Gross Margin % of 25.21% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ultramarine & Pigments and its competitors. This is 14% below median its historical median of 29.34. Over the past decade, Ultramarine & Pigments' Gross Margin % has ranged from 25.23 to 33.78. According to the industry distribution chart, Ultramarine & Pigments ranks #632 out of 1558 companies in the Chemicals industry, placing it in the top 40.6%.
Is Ultramarine & Pigments' Gross Margin % too high?
Ultramarine & Pigments' current Gross Margin % of 25.21% is 14% below median its 10-year median of 29.34. Over the past 10 years, this metric has ranged from a low of 25.23 to a high of 33.78. The Chemicals industry median Gross Margin % is 23.55. Ultramarine & Pigments' value of 25.21% is 7.1% above this industry median. Based on the distribution chart, Ultramarine & Pigments ranks #632 out of 1558 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ultramarine & Pigments has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultramarine & Pigments' Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ultramarine & Pigments ranks #632 out of 1558 companies for Gross Margin %. This puts Ultramarine & Pigments in the upper half of its industry. The industry median Gross Margin % is 23.55. Ultramarine & Pigments' value of 25.21% is 7.1% above this benchmark. Historically, Ultramarine & Pigments' own Gross Margin % has ranged from 25.23 to 33.78 over the past decade. While the company's 10-year median is 29.34 vs. the industry median of 23.55, Ultramarine & Pigments has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Chemicals company?
The median Gross Margin % among Chemicals companies is 23.55, based on 1,558 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ultramarine & Pigments's current Gross Margin % of 25.21% is 7.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Ultramarine & Pigments and its competitors. For the Chemicals industry, the median Gross Margin % is 23.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultramarine & Pigments's current Gross Margin % is 25.21%, which is 14% below median its own 10-year median of 29.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultramarine & Pigments stock overvalued right now?
Based on GuruFocus' analysis, Ultramarine & Pigments (NSE:ULTRAMAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹580.27, compared to a current price of ₹373.75 — trading 35.6% below its estimated fair value. The current Gross Margin % is 25.21%, which is 14% below median its 10-year median of 29.34 and 7.1% above the Chemicals industry median of 23.55. Ultramarine & Pigments' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Ultramarine & Pigments (NSE:ULTRAMAR), the current Gross Margin % is 25.21% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ultramarine & Pigments (NSE:ULTRAMAR) Overvalued in 2026?
Based on GuruFocus' analysis, Ultramarine & Pigments stock appears to be undervalued.
The current stock price of ₹373.75 is trading 35.6% below its estimated GF Value™ of ₹580.27.
GuruFocus considers Ultramarine & Pigments to be Significantly Undervalued.
Key valuation signals for NSE:ULTRAMAR:
Gross Margin %: 25.21% (14% below median its 10-year median of 29.34)
GF Value™: ₹580.27 vs. price of ₹373.75 (35.6% below fair value)
Industry Position: 7.1% above the Chemicals median (#632 of 1558)
No single metric tells the full story. See the NSE:ULTRAMAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultramarine & Pigments Ltd is an Indian company engaged in offering surfactants, pigments, and information technology-enabled services (ITES). The company operates through three segments namely; Chemicals and Allied Products, IT-enabled Services, and Wind Turbine Generator. The organization generates power from a wind turbine. The company generates maximum revenue from Chemicals and Allied Products.
74GF Score
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