INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol UCL
MSEI Symbol NOTLISTED
ISIN INE00NI01015
Name of Company USHANTI COLOUR CHEM LIMITED
Type of company SME
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 20-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Chemicals
Start date and time of board meeting 20-05-2026   14:30:00
End date and time of board meeting 20-05-2026   15:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. No
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 29-05-2025
Indicate Company website link for updated RPT policy of the Company www.ushanti.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NA


Financial Results — Other than Bank

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Revenue From Operations
Revenue from operations 7,880.43 12,370.46
Other income 392.08 511.75
Total Income 8,272.51 12,882.21
2 Expenses
(a) Cost of materials consumed 6,562.01 9,010.67
(b) Purchases of stock-in-trade 14.61 1,530.08
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 473.18 207.92
(d) Employee benefit expense 163.49 351.36
(e) Finance costs 38.66 98.02
(f) Depreciation and amortisation expense 4.20 73.03
(g) Other Expenses
1 Manufacturing Expenses 348.61 798.47
2 Other Expenses 55.37 140.82
Total other expenses 403.98 939.29
Total expenses 7,660.13 12,210.37
3 Profit before exceptional and extraordinary items and tax 612.38 671.84
4 Exceptional items 0.00 0.00
5 Profit before extraordinary items and tax 612.38 671.84
6 Extraordinary items 0.00 0.00
7 Profit before tax 612.38 671.84
8 Tax Expense
Current tax 115.87 134.87
Deferred tax 18.50 34.24
Total tax expenses 134.37 169.11
9 Net Profit Loss for the period from continuing operations 478.01 502.73
10 Profit (loss) from discontinuing operations before tax 0.00 0.00
11 Tax expense of discontinuing operations 0.00 0.00
12 Net profit (loss) from discontinuing operation after tax 0.00 0.00
13 Profit (loss) for period before minority interest 478.01 502.73
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 478.01 502.73
17 Details of equity share capital
Paid-up equity share capital 1,388.67 1,388.67
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 6,299.96
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.21 4.43
Diluted earnings (loss) per share from continuing and discontinued operations 4.21 4.43
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results


Remarks

20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect

Amount in (Lakhs)

A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 671.84
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs (80.55)
Adjustments for depreciation and amortisation expense 73.03
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for share-based payments 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments to profit (loss) (7.52)
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 237.38
Adjustments for decrease (increase) in trade receivables (1,606.78)
Adjustments for decrease (increase) in other current assets (541.67)
Adjustments for increase (decrease) in trade payables 1,001.05
Adjustments for increase (decrease) in other current liabilities 88.81
Adjustments for provisions 203.43
Total adjustments for working capital (617.78)
Total adjustments for reconcile profit (loss) (625.30)
Net cash flows from (used in) operations 46.54
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 134.87
Other inflows (outflows) of cash (310.11)
Net cash flows from (used in) operating activities before extraordinary items (398.44)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) operating activities (398.44)
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property plant and equipment 1,033.05
Purchase of property plant and equipment 883.24
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Cash advances and loans made to other parties 459.54
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 7.85
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 1.21
Proceeds from government grants 0.00
Net cash flows from (used in) investing activities before extraordinary items (300.67)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) investing activities (300.67)
Cash flows from used in financing activities
Proceeds from issuing shares 265.00
Proceeds from issuing other equity instruments 1,272.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings (18.30)
Repayments of borrowings 23.23
Dividends paid 0.00
Interest paid 71.14
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (3.46)
Net cash flows from (used in) financing activities before extraordinary items 1,420.87
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) financing activities 1,420.87
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 721.76
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 721.76
Cash and cash equivalents cash flow statement at beginning of period 0.98
Cash and cash equivalents cash flow statement at end of period 722.74


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Equity and liabilities
1 Shareholders' funds
Share capital 1,388.67
Reserves and surplus 6,299.96
Money received against share warrants
Total shareholders' funds 7,688.63
2 Share application money pending allotment 0.00
3 Deferred government grants
4 Minority interest
5 Non-current liabilities
Long-term borrowings 0.00
Deferred tax liabilities (net) 0.64
Foreign currency monetary item translation difference liability account
Other long-term liabilities
Total of Other long-term liabilities
Long-term provisions 0.00
Total non-current liabilities 0.64
6 Current liabilities
Short-term borrowings 1,241.00
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 331.16
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,354.09
Total Trade payable 1,685.25
Other current liabilities
1 Other current liabilities 244.72
Total of Other long-term liabilities 244.72
Short-term provisions 42.40
Total current liabilities 3,213.37
Total equity and liabilities 10,902.64
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 1,289.77
Producing properties
Intangible assets 29.54
Preproducing properties
Property, Plant and Equipment capital work-in-progress
Intangible assets under development or work-in-progress 4.97
Total Property, Plant and Equipment and Intangible assets 1,324.28
ii Non-current investments 783.76
v Deferred tax assets (net)
vi Foreign currency monetary item translation difference asset account
vii Long-term loans and advances 3,263.81
Other non-current assets
1 Other non-current assets 130.77
Total of Other non-current assets 130.77
Total non-current assets 5,502.62
Current assets
Current investments 0.00
Inventories 671.76
Trade receivables 2,496.42
Cash and cash equivalents 722.74
Bank balance other than cash and cash equivalents 0.00
Short-term loans and advances 563.56
Other current assets
1 Other current assets 945.54
Total of Other current assets 945.54
Total current assets 5,400.02
Total assets 10,902.64
Disclosure of notes on assets and liabilities Textual Information(1)


Text Block

Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments




Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 DJNV & Co. Yes 30-04-2029


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 12-02-2026
Amount Raised 1,537.00
Report filed for Quarter ended 31-03-2026
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Investment/Advances to Subsidiary Company Nil 684.00 0.00 440.00 0.00 Unutilized amount in Escrow Account
2 Working Capital Requirements including Reduction in Working Capital Facilities from Banks Nil 478.00 0.00 375.00 0.00 Unutilized amount in Escrow Account
3 General Corporate Purposes Nil 375.00 0.00 375.00 0.00 Unutilized amount in Escrow Account


Signatory Details

Name of signatory Maunal Shantilal Gandhi
Designation of person Managing Director
Place Ahmedabad
Date 20-05-2026


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Sale of goods or services Approval taken as applicable Provision 173.65 2.37 0.00
2 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Sale of goods or services Approval taken as applicable Provision 17.83 4.86 21.18
3 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Investment Approval taken as applicable Provision 706.63 2,692.59 3,399.22
4 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Investment Approval taken as applicable Provision 1.60 14.00 15.60
5 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Purchase of goods or services Approval taken as applicable Provision 993.12 422.39 72.08
6 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Sale of goods or services Approval taken as applicable Provision 0.50 0.35 0.85
7 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Sale of fixed assets Approval taken as applicable Provision 5.90 0.00 5.90
8 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Investment Approval taken as applicable Provision 0.00 204.50 204.50
9 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Investment Approval taken as applicable Provision 0.00 579.26 579.26
10 USHANTI COLOUR CHEM L TD MAUNAL S GANDHI MANAGING DIRECTOR Any other transaction Loan Approval taken as applicable Provision 4.68 110.52 115.20
11 USHANTI COLOUR CHEM L TD MAUNAL S GANDHI MANAGING DIRECTOR Remuneration Approval taken as applicable Provision 31.26 2.86 3.75
12 USHANTI COLOUR CHEM L TD MINKU S GANDHI MANAGING DIRECTOR Any other transaction Loan Approval taken as applicable Provision 17.02 135.82 118.80
13 USHANTI COLOUR CHEM L TD MINKU S GANDHI MANAGING DIRECTOR Remuneration Approval taken as applicable Provision 31.26 2.86 3.75
14 Ushanti Colour Chem Ltd Pradip B Parikh CHIEF FINANCIAL OFFICER Any other transaction Loan Approval taken as applicable Provision 0.00 1.14 1.14
15 Ushanti Colour Chem Ltd Pradip B Parikh CHIEF FINANCIAL OFFICER Remuneration Approval taken as applicable Provision 3.88 0.70 0.52
16 Ushanti Colour Chem Ltd Shefali M. Gandhi PROMOTER Remuneration Approval taken as applicable Provision 6.72 0.63 0.76
17 Ushanti Colour Chem Ltd Arjun M. Gandhi PROMOTER Remuneration Approval taken as applicable Provision 7.39 7.09 0.00
18 Ushanti Colour Chem Ltd Arjun M. Gandhi PROMOTER Remuneration Approval taken as applicable Provision 14.46 2.06 0.00
19 Ushanti Colour Chem Ltd Aadit M. Gandhi PROMOTER Remuneration Approval taken as applicable Provision 14.46 1.80 0.00
20 Ushanti Colour Chem Ltd HUF Industries HUF Loan Approval taken as applicable Provision 0.00 50.00 50.00
21 Ushanti colour chem ltd VISHAKHA A TANWER COMPANY SECRETARY Remuneration Approval taken as applicable Provision 1.27 0.00 0.00
22 Ushanti colour chem ltd Mona M Gandhi PROMOTER Remuneration Approval taken as applicable Provision 6.72 0.63 0.77
23 UC Colours and Intermediates Pvt Ltd. Akash Dipakbhai Patel DIRECTOR Loan Approval taken as applicable Provision 50.23 457.72 507.95
24 UC Colours and Intermediates Pvt Ltd. Moksha R Shah DIRECTOR Loan Approval taken as applicable Provision 263.23 319.51 56.28
25 UC Colours and Intermediates Pvt Ltd. Champak Chemicals Pvt Ltd COMPANY HAVING COMMON DIRECTOR Inter-corporate deposit Approval taken as applicable Provision 183.55 215.81 32.26
26 UC Colours and Intermediates Pvt Ltd. Ushanti Colour Chem Ltd HOLDING COMPANY Purchase of goods or services Approval taken as applicable Provision 173.65 2.37 0.00
27 UC Colours and Intermediates Pvt Ltd. Isochem Container Services Pvt Ltd COMPANY HAVING COMMON DIRECTOR Inter-corporate deposit Approval taken as applicable Provision 135.11 135.11 0.00
28 UC Colours and Intermediates Pvt Ltd. Champak Chemicals Pvt Ltd COMPANY HAVING COMMON DIRECTOR Purchase of goods or services Approval taken as applicable Provision 0.08 0.08 0.00
29 UC Colours and Intermediates Pvt Ltd. Ushanti Colour Chem Ltd HOLDING COMPANY Sale of goods or services Approval taken as applicable Provision 993.12 422.39 72.08
30 UC Colours and Intermediates Pvt Ltd. Ushanti Colour Chem Ltd HOLDING COMPANY Inter-corporate deposit Approval taken as applicable Provision 1.60 14.00 15.60
31 UC Colours and Intermediates Pvt Ltd. Ushanti Colour Chem Ltd SUBSIDIARY COMPANY Inter-corporate deposit Approval taken as applicable Provision 706.63 2,692.59 3,399.22
32 UC Colours and Intermediates Pvt Ltd. Ushanti Colour Chem Ltd HOLDING COMPANY Sale of goods or services Approval taken as applicable Provision 17.83 4.86 21.18
33 UC Colours and Intermediates Pvt Ltd. Ushanti Colour Chem Ltd HOLDING COMPANY Purchase of goods or services Approval taken as applicable Provision 0.50 0.35 0.85
34 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Sale of goods or services Approval taken as applicable Provision 5.90 0.00 5.90
35 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Sale of fixed assets Approval taken as applicable Provision 0.00 204.50 204.50
36 USHANTI COLOUR CHEM L TD UC COLOURS & INTERMEDIATES PVT LTD SUBSIDIARY COMPANY Investment Approval taken as applicable Provision 0.00 579.26 579.26
Total value of transaction during the reporting period 4,569.78