Ultramarine & Pigments (NSE:ULTRAMAR) Scaled Net Operating Assets: N/A (As of Mar. 2026)

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NSE:ULTRAMAR Ultramarine & Pigments Ltd NSE:ULTRAMAR
74 GF Score
Price ₹373.75
GF Value ₹580.27
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ultramarine & Pigments Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ultramarine & Pigments's operating assets for the quarter that ended in Mar. 2026 was ₹10,020 Mil. Ultramarine & Pigments's operating liabilities for the quarter that ended in Mar. 2026 was ₹1,379 Mil. Ultramarine & Pigments's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Ultramarine & Pigments's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.

Ultramarine & Pigments Scaled Net Operating Assets Historical Data

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The historical data trend for Ultramarine & Pigments's Scaled Net Operating Assets 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.

Ultramarine & Pigments Scaled Net Operating Assets Chart

Ultramarine & Pigments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 0.77 1.05 0.92 0.74

Ultramarine & Pigments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NSE:ULTRAMAR vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Ultramarine & Pigments's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ultramarine & Pigments's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ultramarine & Pigments's Scaled Net Operating Assets falls into.


NSE:ULTRAMAR
74GF Score
Ultramarine & Pigments Ltd NSE:ULTRAMAR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultramarine & Pigments Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ultramarine & Pigments's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(10019.844-1378.595)/11729.899
=0.74

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10937.72 - 917.876
=10019.844

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2238.981 - 550.376 - 310.01
=1378.595

Ultramarine & Pigments's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(10019.844-1378.595)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10937.72 - 917.876
=10019.844

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2238.981 - 550.376 - 310.01
=1378.595

* 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.

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:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹580.27 vs. price of ₹373.75 (35.6% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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 Business Description

Other Exchanges 506685:India
Address Thirumalai House, Road No. 29, Plot No. 101 -102, Near Sion Hill Fort, Sion (East), Mumbai, MH, IND, 400 022
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

Get the complete analysis for NSE:ULTRAMAR

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹373.75
Price
₹580.27
GF Value