Annual report
Annual Report 2026
Source: Nse
Ushanti Colour Chem Ltd. (UCL)
SME CapIndustrials stocks · SME cap · NSE
Ushanti Colour Chem Ltd. operates in Dyes, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityVerify one data layerQuote updated 15 Oct, 04:45 am ISTDetails
Quote15 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result21 May, 08:14 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage11/14 · 79%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
52NeutralSMA20 +21.7% / mo · MACD −
Stock trend: 54
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
UCLD candles · FIT view+106.3%Latest close ₹199.95 on 2026-10-06
Bar
+0.0%
RSI
37
MACD hist
-7.00
52W pos
73%
2026-10-06O ₹199.95H ₹199.95L ₹199.95C ₹199.95Vol 4,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
UCLNifty India ManufacturingNifty 500
- UCL
- +5.2%
- Nifty 500
- -4.9%
- Nifty India Manufacturing
- -3.3%
- Vs Nifty 500
- +10.1 pp
Chart stats
6 Oct 2026- From 52W high
- -23.1%
- 52W range position
- 73%
- ATR (14)
- 4.0%
- Volume vs 20D
- 0.16x
- Avg traded value
- ₹0.6 Cr
- 20D price channel
- ₹199.9 - ₹260
₹260
₹38 - ₹260
₹7.9
Latest completed session
20-session average
46.2% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED15
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average32
Revenue +180.0% · PAT NDF YoY
Technical
Neutral52
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence60
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Average · 32/100margin compression · Rev +180% YoY · +53% QoQ
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹84 Cr | +180.0% | +52.7% |
| EBITDA | ₹1 Cr | NDF | NDF |
| Operating margin | 0.9% | NDF | +160 bps |
| PAT | ₹-1 Cr | NDF | NDF |
| PAT margin | -1.2% | NDF | +608 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 5.83
- EV/EBITDA
- 115.33
- Market Cap
- 292.00Cr
Profitability
- ROE
- -0.80%
- ROCE
- -1.15%
- ROA
- -3.57%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 32.00%
- EPS 5Y
- 31.00%
- Revenue 3Y
- 47.00%
- EPS 3Y
- 21.00%
Balance Sheet
- Debt/Equity
- 1.08
- Interest Coverage
- —
- Altman Z
- 3.43
- Book Value
- 36.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- -5.00 Cr
- EPS TTM
- -0.14
Shareholding
- Promoter Hold
- 54.91%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 77%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 139+78.2% vs prev
Net Profit
₹ CrLatest: -5.0+28.6% vs prev
Return on Equity
%Latest: -10.0+42.9% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 37. Wait for confirmation.
- SMA20 rising (~17.8% over last month) — short-term momentum positive.
- RSI(14) at 37 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 23% off 52W high · 407% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & peers
U-Score 15 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 15 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth12/25
Quality0/20
Balance Sheet4/15
Cash Flow0/10
Piotroski
2/9 (+0)
Penalties
-3
Raw sum
15
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
15/100 · legacy band OVERVALUED
Positive drivers
- Growth contributes 12/25 to the score.
- Balance sheet contributes 4/15 to the score.
- Valuation contributes 2/30 to the score.
Main drags
- Penalty bucket subtracts 3 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Cash flow is weaker at 0/10; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
—
PB
5.8
EV/EBITDA
115.3
ROE
-0.8%
ROCE
-1.1%
FCF Yield
—
Debt/Equity
1.1
MoS
—
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
15
Previous: 15
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
15
15
15
15
15
15
15
15
15
15
15
15
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
39.3
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MAHICKRA
SME
Mahickra Chemicals Ltd.
Specialty Chemicals
match 167
23
54.5
10.0%
-31%
OVERVALUED
SRD
Small
Shankar Lal Rampal Dye-Chem Limited
Specialty Chemicals
match 158
49
13.2
11.6%
+71%
FAIR VALUE
BODALCHEM
Small
Bodal Chemicals Limited
Specialty Chemicals
match 143
26
33.0
2.0%
-770%
OVERVALUED
BHAGERIA
Small
Bhageria Industries Limited
Specialty Chemicals
match 143
28
23.0
7.0%
-421%
OVERVALUED
SILKFLEX
SME
Silkflex Polymers (India) Ltd.
Specialty Chemicals
match 134
58
28.7
29.2%
+37%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Ushanti Colour Chem Ltd. operates in Dyes, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
60Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 28th percentile of the scored universe and 24th percentile within Industrials. Main check: financial discipline is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
28th percentile
overall median 67 · Industrials: 24th pctile, median 68 · SME: 32nd pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
60
acceptable · holding, pledge, alignment
Cash flow
62
acceptable · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
40
weak · capital discipline
Results
53
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.7%.
- ▸4 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Promoter holding fell 13%.
- ▸Operating cash flow is negative at ₹-4 Cr.
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 6.6%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Ushanti Colour Chem Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual report
Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.