UPL Limited

BSE:512070 Stock Report

Market Cap: ₹512.1b

UPL Valuation

Is 512070 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 512070 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Below Future Cash Flow Value: 512070 (₹606.45) is trading below our estimate of future cash flow value (₹1007.51)

Significantly Below Future Cash Flow Value: 512070 is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 512070?

Key metric: As 512070 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 512070. This is calculated by dividing 512070's market cap by their current earnings.
What is 512070's PE Ratio?
PE Ratio26.6x
Earnings₹19.22b
Market Cap₹512.11b

Price to Earnings Ratio vs Peers

How does 512070's PE Ratio compare to its peers?

The above table shows the PE ratio for 512070 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.9x
COROMANDEL Coromandel International
30.6x18.36%₹599.1b
523642 PI Industries
30.4x11.99%₹401.5b
SUMICHEM Sumitomo Chemical India
46.2x14.35%₹250.7b
500645 Deepak Fertilisers And Petrochemicals
28.3x23.23%₹208.4b
512070 UPL
26.6x27.96%₹512.1b

Price-To-Earnings vs Peers: 512070 is good value based on its Price-To-Earnings Ratio (26.6x) compared to the peer average (33.9x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 512070's PE Ratio compare vs other companies in the IN Chemicals Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
532967 Kiri Industries
0.4xn/aUS$261.39m
ZUARI Zuari Agro Chemicals
1.1xn/aUS$106.52m
IEML Indian Emulsifiers
3.2xn/aUS$5.43m
531257 Pratiksha Chemicals
2.1xn/aUS$1.08m
512070 26.6xIndustry Avg. 21.1xNo. of Companies52PE01632486480+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 512070 is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the Indian Chemicals industry average (21.1x).

Price to Earnings Ratio vs Fair Ratio

What is 512070's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

512070 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.6x
Fair PE Ratio35.8x

Price-To-Earnings vs Fair Ratio: 512070 is good value based on its Price-To-Earnings Ratio (26.6x) compared to the estimated Fair Price-To-Earnings Ratio (35.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 512070 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹606.45
₹764.78
+26.11%
11.68%₹890.00₹600.00n/a18
Jun ’27₹644.40
₹767.00
+19.03%
10.92%₹890.00₹600.00n/a18
May ’27₹642.05
₹813.29
+26.67%
11.59%₹947.00₹630.00n/a17
Apr ’27₹594.60
₹820.53
+38.00%
10.54%₹947.00₹630.00n/a17
Mar ’27₹637.05
₹820.53
+28.80%
10.54%₹947.00₹630.00n/a17
Feb ’27₹665.35
₹791.78
+19.00%
12.75%₹944.00₹580.00n/a19
Jan ’27₹805.45
₹788.54
-2.10%
11.91%₹944.00₹580.00n/a20
Dec ’26₹751.00
₹781.39
+4.05%
11.80%₹944.00₹580.00n/a20
Nov ’26₹720.20
₹737.59
+2.42%
10.46%₹864.00₹520.00n/a20
Oct ’26₹661.25
₹737.59
+11.55%
10.46%₹864.00₹520.00n/a20
Sep ’26₹727.85
₹736.09
+1.13%
10.46%₹864.00₹520.00n/a20
Aug ’26₹664.75
₹713.44
+7.33%
10.21%₹810.00₹470.00n/a20
Jul ’26₹671.00
₹723.76
+7.86%
13.10%₹1,000.00₹470.00₹564.9521
Jun ’26₹627.90
₹722.89
+15.13%
13.41%₹1,000.00₹470.00₹644.4020
May ’26₹668.40
₹679.33
+1.63%
15.86%₹1,000.00₹452.00₹642.0521
Apr ’26₹635.15
₹673.40
+6.02%
16.07%₹1,000.00₹452.00₹594.6022
Mar ’26₹632.50
₹666.13
+5.32%
15.73%₹1,000.00₹452.00₹637.0522
Feb ’26₹604.30
₹640.82
+6.04%
16.97%₹1,000.00₹450.00₹665.3523
Jan ’26₹501.05
₹616.39
+23.02%
18.47%₹1,000.00₹430.00₹805.4521
Dec ’25₹545.55
₹606.83
+11.23%
19.70%₹1,000.00₹406.00₹751.0022
Nov ’25₹558.20
₹591.23
+5.92%
22.51%₹1,000.00₹380.00₹720.2022
Oct ’25₹620.80
₹585.30
-5.72%
22.06%₹1,000.00₹380.00₹661.2523
Sep ’25₹598.30
₹583.35
-2.50%
21.95%₹1,000.00₹380.00₹727.8523
Aug ’25₹560.25
₹575.43
+2.71%
22.88%₹1,000.00₹380.00₹664.7523
Jul ’25₹573.40
₹576.40
+0.52%
22.21%₹1,000.00₹380.00₹671.0025
₹764.78
Fair Value
20.7% undervalued intrinsic discount
18
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 21:35
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

UPL Limited is covered by 41 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null null360 ONE Capital Market Private Limited
Himanshu BinaniAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited