UPL Limited

BSE:512070 Stock Report

Market Cap: ₹574.0b

UPL Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair 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.

₹834.37
Fair Value
18.5% undervalued intrinsic discount
20
Number of Analysts

Below Fair Value: 512070 (₹679.7) is trading below our estimate of fair value (₹834.37)

Significantly Below Fair Value: 512070 is trading below fair value, but not by a significant amount.


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 Ratio54.3x
Earnings₹10.57b
Market Cap₹573.96b

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 Average37.3x
COROMANDEL Coromandel International
29.9x14.78%₹674.9b
523642 PI Industries
33.7x11.32%₹543.3b
SUMICHEM Sumitomo Chemical India
47.9x16.01%₹266.7b
506285 Bayer CropScience
37.9x20.63%₹224.7b
54.3x44.68%₹574.0b

Price-To-Earnings vs Peers: 512070 is expensive based on its Price-To-Earnings Ratio (54.3x) compared to the peer average (37.3x).


Price to Earnings Ratio vs Industry

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

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARI Zuari Agro Chemicals
4.5xn/aUS$128.86m
UNIVPHOTO Universus Photo Imagings
3.4xn/aUS$30.95m
500449 Hindustan Organic Chemicals
0.6xn/aUS$26.14m
530433 Shiva Global Agro Industries
4.9xn/aUS$5.09m
512070 54.3xIndustry Avg. 26.3xNo. of Companies56PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 512070 is expensive based on its Price-To-Earnings Ratio (54.3x) compared to the Indian Chemicals industry average (26.3x).


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 Ratio54.3x
Fair PE Ratio52.9x

Price-To-Earnings vs Fair Ratio: 512070 is expensive based on its Price-To-Earnings Ratio (54.3x) compared to the estimated Fair Price-To-Earnings Ratio (52.9x).


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₹679.70
₹737.59
+8.52%
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₹470.00n/a21
Jun ’26₹627.90
₹722.89
+15.13%
13.41%₹1,000.00₹470.00n/a20
May ’26₹668.40
₹679.33
+1.63%
15.86%₹1,000.00₹452.00n/a21
Apr ’26₹635.15
₹673.40
+6.02%
16.07%₹1,000.00₹452.00n/a22
Mar ’26₹632.50
₹666.13
+5.32%
15.73%₹1,000.00₹452.00n/a22
Feb ’26₹604.30
₹640.82
+6.04%
16.97%₹1,000.00₹450.00n/a23
Jan ’26₹501.05
₹616.39
+23.02%
18.47%₹1,000.00₹430.00n/a21
Dec ’25₹545.55
₹606.83
+11.23%
19.70%₹1,000.00₹406.00n/a22
Nov ’25₹558.20
₹591.23
+5.92%
22.51%₹1,000.00₹380.00n/a22
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
Jun ’25₹508.75
₹571.62
+12.36%
21.12%₹1,000.00₹380.00₹627.9026
May ’25₹507.00
₹567.16
+11.87%
21.77%₹1,000.00₹390.00₹668.4025
Apr ’25₹466.40
₹579.16
+24.18%
22.72%₹1,000.00₹390.00₹635.1525
Mar ’25₹474.40
₹582.58
+22.80%
22.31%₹1,000.00₹390.00₹632.5026
Feb ’25₹529.90
₹679.96
+28.32%
14.95%₹1,000.00₹539.00₹604.3027
Jan ’25₹592.10
₹681.26
+15.06%
14.93%₹1,000.00₹550.00₹501.0527
Dec ’24₹574.95
₹680.36
+18.33%
15.52%₹1,000.00₹550.00₹545.5525
Nov ’24₹532.00
₹683.72
+28.52%
15.26%₹1,000.00₹550.00₹558.2025
Oct ’24₹616.25
₹766.28
+24.35%
13.25%₹1,000.00₹643.00₹620.8025
₹737.59
Fair Value
7.8% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/07 00:38
End of Day Share Price 2025/10/07 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

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 47 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Himanshu BinaniAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Sageraj BariyaAngel Broking Private Limited