UPL Limited
UPL · Metals/Mining · NSE
₹601
Current Market Price
Fair Value (DCF)
₹714
Discount to FV
+18.9%
Updated just now
YieldIQ Score
32/100
Piotroski F-Score
6/9
Economic Moat
None
Confidence
43%
ROE
2.4%
Debt/Equity
0.66
WACC
9.9%
Market Cap
₹50,705 Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
10.8%
Return on capital employed
EV / EBITDA
8.6×
Enterprise multiple
Debt / EBITDA
3.2×
Leverage vs earnings
Interest Coverage
1.3×
EBIT covers interest
Current Ratio
1.39×
Short-term liquidity
Asset Turnover
0.59×
Revenue per ₹ of assets
Revenue CAGR (3Y)
3.8%
3-year revenue growth
Revenue CAGR (5Y)
0.7%
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹600.65
Bear case
Margin of Safety -89.5%
Implied upside -47.2%
Base case
Margin of Safety +13.7%
Implied upside +15.9%
Bull case
Margin of Safety +33.3%
Implied upside +50.0%
Ratio Trends
UPL · last 7 annual periods
ROE
2.4%
ROCE
10.8%
Operating Margin
—
Debt / Equity
0.66×
PE
56.1×
EV / EBITDA
5.4×
Historical Financials
UPL · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | 2026 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹46.0K Cr | ₹53.1K Cr | ₹42.6K Cr | ₹46.6K Cr | ₹51.8K Cr | +3.0% |
| EBITDA | ₹9100 Cr | ₹10.7K Cr | ₹4054 Cr | ₹7206 Cr | ₹9802 Cr | +1.9% |
| EBIT | ₹7127 Cr | ₹7956 Cr | ₹2007 Cr | — | — | -27.2% |
| PAT | ₹3626 Cr | ₹3570 Cr | ₹-1200 Cr | ₹897 Cr | ₹1922 Cr | -14.7% |
| EPS (diluted) | ₹45.87 | ₹45.79 | ₹-17.80 | — | — | — |
| CFO | ₹6496 Cr | ₹7751 Cr | ₹2321 Cr | ₹10.2K Cr | ₹7855 Cr | +4.9% |
| CapEx | ₹-2688 Cr | ₹-2360 Cr | ₹-1995 Cr | ₹-1695 Cr | ₹-2406 Cr | — |
| FCF | ₹3808 Cr | ₹5391 Cr | ₹326 Cr | ₹8456 Cr | ₹5449 Cr | +9.4% |
| Total Assets | ₹82.7K Cr | ₹88.6K Cr | ₹87.5K Cr | ₹88.0K Cr | ₹95.2K Cr | +3.6% |
| Total Debt | ₹26.7K Cr | ₹23.9K Cr | ₹29.8K Cr | ₹25.1K Cr | ₹23.6K Cr | -3.1% |
| Shareholders' Equity | ₹24.7K Cr | ₹29.8K Cr | ₹27.8K Cr | ₹32.2K Cr | ₹34.7K Cr | +8.9% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
UPL vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 FACT Fertilizers and Chemicals Travancore Limited | -7042.9%-98.6% upside | 15 | Data Limited | -2.9% | — |
 COROMANDEL COROMANDEL | — | — | Pending | 15.6% | 28.8× |
 PIIND PIIND | — | — | Pending | 16.3% | — |
 BAYERCROP BAYERCROP | — | — | Pending | 23.2% | 30.3× |
 SUMICHEM SUMICHEM | — | — | Pending | 17.4% | — |
Click a ticker to view its fair-value analysis.
Dividend History
10 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹35.74/sh
Last payout
2025-07-11
₹6.00
Peak payout
₹9.59
Trailing yield
1.00%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. UPL Limited (UPL.NS) trades at 600.65 vs a model fair value of 713.91, a gap of 18.9%. Piotroski F-score: 6/9. Moat label: None. Revenue ...
Read full AI analysis →Reverse DCF
Market-implied growth
What FCF growth is priced in →
Risk Analysis
Volatility & drawdown
Risk profile of UPL →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for UPL →
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Head-to-head with peers
Compare UPL side by side →
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Analyse UPLNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.