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UPL

UPLNSEI:UPL Stock Report

Market Cap

₹530.9b

7D

-7.4%

1Y

60.4%

Updated

25 Oct, 2021

Data

Company Financials +
UPL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends6/6

UPL Overview

UPL Limited engages in the provision of sustainable agriculture products and solutions in India and internationally.

UPL Competitors

PI Industries

BSE:523642

₹454.9b

Coromandel International

NSEI:COROMANDEL

₹233.5b

Bayer CropScience

BSE:506285

₹223.6b

Sumitomo Chemical India

BSE:542920

₹186.9b

Price History & Performance

Summary of all time highs, changes and price drops for UPL
Historical stock prices
Current Share Price₹695.30
52 Week High₹399.00
52 Week Low₹864.70
Beta1.02
1 Month Change-3.25%
3 Month Change-14.45%
1 Year Change60.43%
3 Year Change65.13%
5 Year Change49.81%
Change since IPO1,783.26%

Recent News & Updates

Sep 25
An Intrinsic Calculation For UPL Limited (NSE:UPL) Suggests It's 35% Undervalued

An Intrinsic Calculation For UPL Limited (NSE:UPL) Suggests It's 35% Undervalued

Today we will run through one way of estimating the intrinsic value of UPL Limited ( NSE:UPL ) by taking the forecast...

Sep 15
Here's What's Concerning About UPL's (NSE:UPL) Returns On Capital

Here's What's Concerning About UPL's (NSE:UPL) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...

Aug 11
Is There Now An Opportunity In UPL Limited (NSE:UPL)?

Is There Now An Opportunity In UPL Limited (NSE:UPL)?

UPL Limited ( NSE:UPL ), might not be a large cap stock, but it led the NSEI gainers with a relatively large price hike...

Jul 30
Does UPL (NSE:UPL) Have A Healthy Balance Sheet?

Does UPL (NSE:UPL) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Jul 20
Do UPL's (NSE:UPL) Earnings Warrant Your Attention?

Do UPL's (NSE:UPL) Earnings Warrant Your Attention?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

UPLIN ChemicalsIN Market
7D-7.4%-10.1%-4.6%
1Y60.4%63.2%61.7%

Return vs Industry: UPL underperformed the Indian Chemicals industry which returned 63.6% over the past year.

Return vs Market: UPL matched the Indian Market which returned 61% over the past year.

Price Volatility

Is UPL's price volatile compared to industry and market?
UPL volatility
UPL Beta1.02
Industry Beta0.65
Market Beta1

Stable Share Price: UPL is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: UPL's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196912,258Jai Rajnikant Shroffhttps://www.upl-ltd.com

UPL Limited engages in the provision of sustainable agriculture products and solutions in India and internationally. It operates through two segments, Agro Activity and Non-Agro Activity. The company offers sorghum, forages, corn, canola, sunflower, vegetable, rice, wheat, soya, pearl millet, oats, alfalfa, bio-fumigants, and mustard seeds.

UPL Fundamentals Summary

How do UPL's earnings and revenue compare to its market cap?
UPL fundamental statistics
Market Cap₹530.90b
Earnings (TTM)₹29.07b
Revenue (TTM)₹393.76b

18.3x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UPL income statement (TTM)
Revenue₹393.76b
Cost of Revenue₹195.39b
Gross Profit₹198.37b
Expenses₹169.30b
Earnings₹29.07b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 29, 2021

Earnings per share (EPS)38.05
Gross Margin50.38%
Net Profit Margin7.38%
Debt/Equity Ratio99.3%

How did UPL perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

27%

Payout Ratio

Valuation

Is UPL undervalued compared to its fair value and its price relative to the market?

42.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UPL (₹695.3) is trading below our estimate of fair value (₹1204.98)

Significantly Below Fair Value: UPL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UPL is good value based on its PE Ratio (18.3x) compared to the Indian Chemicals industry average (18.6x).

PE vs Market: UPL is good value based on its PE Ratio (18.3x) compared to the Indian market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: UPL is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: UPL is overvalued based on its PB Ratio (2.5x) compared to the IN Chemicals industry average (2.3x).


Future Growth

How is UPL forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

16.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UPL's forecast earnings growth (16.6% per year) is above the savings rate (6.7%).

Earnings vs Market: UPL's earnings (16.6% per year) are forecast to grow slower than the Indian market (19.3% per year).

High Growth Earnings: UPL's earnings are forecast to grow, but not significantly.

Revenue vs Market: UPL's revenue (7.2% per year) is forecast to grow slower than the Indian market (13.1% per year).

High Growth Revenue: UPL's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UPL's Return on Equity is forecast to be low in 3 years time (18.7%).


Past Performance

How has UPL performed over the past 5 years?

8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UPL has high quality earnings.

Growing Profit Margin: UPL's current net profit margins (7.4%) are higher than last year (5.7%).


Past Earnings Growth Analysis

Earnings Trend: UPL's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: UPL's earnings growth over the past year (42.4%) exceeds its 5-year average (8.8% per year).

Earnings vs Industry: UPL earnings growth over the past year (42.4%) underperformed the Chemicals industry 45.2%.


Return on Equity

High ROE: UPL's Return on Equity (14.6%) is considered low.


Financial Health

How is UPL's financial position?


Financial Position Analysis

Short Term Liabilities: UPL's short term assets (₹300.7B) exceed its short term liabilities (₹196.3B).

Long Term Liabilities: UPL's short term assets (₹300.7B) exceed its long term liabilities (₹262.2B).


Debt to Equity History and Analysis

Debt Level: UPL's debt to equity ratio (99.3%) is considered high.

Reducing Debt: UPL's debt to equity ratio has increased from 62.2% to 99.3% over the past 5 years.

Debt Coverage: UPL's debt is well covered by operating cash flow (29.6%).

Interest Coverage: UPL's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


Dividend

What is UPL current dividend yield, its reliability and sustainability?

1.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UPL's dividend (1.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: UPL's dividend (1.44%) is in the top 25% of dividend payers in the Indian market (1.41%)


Stability and Growth of Payments

Stable Dividend: UPL's dividends per share have been stable in the past 10 years.

Growing Dividend: UPL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.9%), UPL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UPL's dividends in 3 years are forecast to be well covered by earnings (22.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Jai Rajnikant Shroff (56 yo)

no data

Tenure

₹570,000,000

Compensation

Mr. Jaidev Rajnikant Shroff, also known as Jai, B.Sc., is a Promoter of Pacific Seeds (Thai) Ltd. Mr. Shroff has been Global Chief Executive Officer and Non-Executive Director at UPL Limited (formerly know...


Leadership Team

Experienced Management: UPL's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: UPL's board of directors are seasoned and experienced ( 18 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

UPL Limited's employee growth, exchange listings and data sources


Key Information

  • Name: UPL Limited
  • Ticker: UPL
  • Exchange: NSEI
  • Founded: 1969
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ₹530.897b
  • Shares outstanding: 764.05m
  • Website: https://www.upl-ltd.com

Number of Employees


Location

  • UPL Limited
  • UPL House, 610 B/2
  • Bandra Village
  • Mumbai
  • Maharashtra
  • 400051
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:48
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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 here.