The evidence is mixed1 supporting, 1 against, 0 worth knowing
Supporting
trading 6% above its 200-day average
Against
down 7% over twelve months
Worth knowing
nothing the data supports either way
What would change this read: a close below 409, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working3
Borrowings are 0.09 times owners' equity, Rs 79 cr against Rs 870 cr.
0.09Rs 79 crRs 870 cr
Trading 6.0% above its 200-day average, which is the line most investors use to separate a bull phase from a bear one.
+6.0%
Turned up over three months while the year is still negative.
+13.4% 3M-7.2% 1Y
Needs watching2
Chemcials and allied products is 93% of revenue, so the business rests on one segment.
Chemcials and allied products93%
Only Rs 2.4 crore changes hands on a median day. A large order moves this price by itself.
Rs 2.4 cr
Every figure here is computed — from the company’s own filings, or from its own closing prices. The wording is generated directly from the figures.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
4 of 47 matched on 10 Sep
ULTRAMAR matches 4 of the 47 scans today, across 2 different kinds of evidence.
segments and revenue mix, as the company reports them
ULTRAMAR reports 3 business segments. The largest is Chemcials and allied products at 93% of revenue in the quarter ending 30 June 2026. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Chemcials and allied products225 cr93.2%—
IT Enabled services15 cr6.2%—
Windmill1 cr0.6%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 31 March 2026
Debt to equity
0.09×
79 cr borrowed against 870 cr of equity
Net debt
71 cr
borrowings less cash
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Results filings were typically -0.51pt vs the market over the next 5 sessions (n=7,726)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
net margin widened from 7.1% to 13.2%
Going against it
nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · consolidated
240
42
32
10.82
13.2%
Q4 FY26
31 Mar · consolidated
199
18
14
4.85
7.1%
Q3 FY26
31 Dec · consolidated
196
34
27
9.28
13.8%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+8.3%
Versus 200-day average+6.0%
Below 52-week high-11.6%
Above 52-week low+18.5%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)54.7
Higher closes in last 53 of 5
Six-month return+0.85%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.