UPL Ltd

UPL Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

UPL Ltd

₹ 571 0.53%
28 Jun - close price
upl-ltd.com BSE: 512070 NSE: UPL
About

UPL is principally engaged in the business of agrochemicals, industrial chemicals, chemical intermediates, speciality chemicals and production and sale of field crops and vegetable seeds.

Key Points

Business Overview
UPL is a leading provider of agricultural solutions and services, with 14,000+ product registrations, a presence in ~140 countries, access to 90% of the world’s food basket. The products include Crop Protection Chemicals like Insecticides, Fungicides, Herbicides etc. also Seeds, Biosolutions. It is a 5th largest Agrochemical company globally with 43 manufacturing facilities across the globe.[1] [2]

Website BSE NSE
  • Market Cap ₹ 42,848 Cr.
  • Current Price ₹ 571
  • High / Low ₹ 689 / 448
  • Stock P/E 48.1
  • Book Value ₹ 100
  • Dividend Yield 1.75 %
  • ROCE 12.6 %
  • ROE 12.2 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Company has delivered good profit growth of 19.2% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 49.4%

Cons

  • The company has delivered a poor sales growth of -9.02% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 13.2% over last 3 years.
  • Earnings include an other income of Rs.1,121 Cr.
  • Company has high debtors of 152 days.
  • Working capital days have increased from 34.9 days to 63.7 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
2,611 3,960 4,138 4,025 4,326 5,007 5,543 4,652 1,528 3,594 3,859 1,025 1,248
2,465 3,290 3,642 3,600 3,860 4,111 4,827 4,188 1,499 3,054 3,308 1,025 1,136
Operating Profit 146 670 496 425 466 896 716 464 29 540 551 0 112
OPM % 6% 17% 12% 11% 11% 18% 13% 10% 2% 15% 14% 0% 9%
4 12 32 0 581 14 70 345 -105 30 758 69 -73
Interest 73 93 91 95 98 99 131 149 40 98 95 44 49
Depreciation 261 253 257 259 275 268 273 245 32 164 172 35 28
Profit before tax -184 336 180 71 674 543 382 415 -148 308 1,042 -10 -38
Tax % 28% 20% 19% 20% -4% 12% 12% 22% -10% 13% 13% 560% 74%
-132 270 146 57 703 479 336 323 -163 267 906 46 -10
EPS in Rs -1.73 3.53 1.91 0.75 9.20 6.38 4.48 4.30 -2.17 3.56 12.07 0.61 -0.13
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3,939 4,968 5,335 5,981 6,939 7,263 8,660 9,641 11,345 16,449 18,783 5,398
3,513 4,303 4,793 5,143 5,996 6,314 7,821 8,436 9,725 14,392 16,499 4,997
Operating Profit 427 666 542 838 943 949 839 1,205 1,620 2,057 2,284 401
OPM % 11% 13% 10% 14% 14% 13% 10% 12% 14% 13% 12% 7%
130 298 260 481 279 428 556 496 98 625 450 1,121
Interest 101 242 35 192 149 135 185 272 307 377 499 144
Depreciation 158 169 187 619 655 666 724 891 977 1,044 951 130
Profit before tax 297 552 581 508 418 576 486 538 434 1,261 1,284 1,248
Tax % 30% 25% 20% 24% 41% 5% 17% 14% 49% 7% 24% 3%
208 416 463 385 245 548 405 461 220 1,176 975 1,208
EPS in Rs 3.13 6.47 7.21 5.99 3.22 7.19 5.30 6.03 2.88 15.39 12.99 16.09
Dividend Payout % 53% 41% 46% 56% 144% 74% 101% 100% 348% 65% 77% 6%
Compounded Sales Growth
10 Years: 1%
5 Years: -9%
3 Years: -22%
TTM: -71%
Compounded Profit Growth
10 Years: 8%
5 Years: 19%
3 Years: 58%
TTM: -7%
Stock Price CAGR
10 Years: 10%
5 Years: -2%
3 Years: -11%
1 Year: -16%
Return on Equity
10 Years: 8%
5 Years: 10%
3 Years: 13%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 89 86 86 86 101 102 102 153 153 153 150 150
Reserves 3,269 3,222 3,438 7,661 7,567 7,867 7,870 7,871 7,633 8,048 6,918 7,380
Preference Capital 0 0 0 0 82 0 0 0 0 0 0
2,038 1,420 1,377 1,650 848 1,122 1,638 1,112 1,329 1,778 617 1,852
1,620 2,355 2,739 2,362 2,831 2,959 4,293 4,692 6,168 9,654 10,259 7,539
Total Liabilities 7,016 7,083 7,639 11,759 11,347 12,050 13,903 13,828 15,283 19,633 17,944 16,921
1,350 1,572 1,649 5,397 5,116 4,902 4,981 5,354 5,598 5,477 4,319 752
CWIP 236 118 370 209 272 663 889 886 722 909 867 104
Investments 904 671 873 588 593 594 1,441 1,406 1,441 2,374 3,208 3,513
4,525 4,721 4,747 5,565 5,366 5,891 6,592 6,182 7,522 10,873 9,550 12,552
Total Assets 7,016 7,083 7,639 11,759 11,347 12,050 13,903 13,828 15,283 19,633 17,944 16,921

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
190 1,139 497 -63 1,021 497 664 1,773 1,820 2,349 1,667 -411
-63 -84 -131 364 268 -305 -439 -435 -1,175 -1,481 1,210 -462
-21 -1,199 -459 -322 -1,295 -158 -241 -1,277 -502 -643 -2,689 325
Net Cash Flow 105 -144 -93 -21 -6 34 -16 61 143 225 188 -548

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 167 104 97 114 103 101 115 120 130 124 111 152
Inventory Days 105 120 152 156 137 135 133 86 113 108 53 30
Days Payable 160 188 222 212 220 219 202 216 259 238 210 125
Cash Conversion Cycle 113 35 27 57 19 18 47 -10 -16 -7 -47 57
Working Capital Days 176 75 57 100 75 78 66 37 32 33 8 64
ROCE % 7% 16% 13% 10% 7% 8% 7% 9% 8% 17% 20%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
27.95% 27.95% 28.24% 28.45% 28.96% 28.96% 30.74% 32.34% 32.34% 32.34% 32.34% 32.34%
37.86% 35.12% 34.26% 35.29% 36.44% 35.57% 37.18% 38.69% 37.96% 33.57% 34.39% 33.64%
16.18% 17.98% 18.66% 17.81% 16.47% 17.19% 16.19% 14.39% 15.24% 17.27% 16.82% 15.33%
18.00% 18.95% 18.84% 18.45% 18.14% 18.28% 15.87% 14.54% 14.44% 16.81% 16.44% 18.68%
No. of Shareholders 1,93,7602,37,5552,45,1352,40,0122,45,3702,69,1682,53,0542,53,5482,80,8193,83,2994,08,0284,83,514

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls