Valuation UPL Limited

Stocks

Market Closed - Bombay S.E. 06:02:33 2026-09-25 EDT			5-day change	1st Jan Change
550.00 ^INR	+0.53%		-0.78%	-30.79%

08-26	Toshan Tamhane Decides to Move on from the Position of Group Chief Operating Officer of UPL Limited, Effective August 31, 2026	CI
08-17	UPL Unit to Acquire Hytech Egypt Seed Business for About $110 Million	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	588,003	538,523	342,164	537,229	479,385	464,293	-	-
Change	-	-8.41%	-36.46%	57.01%	-10.77%	-3.15%	-	-
Enterprise Value (EV) ¹	770,143	716,483	559,254	671,539	628,715	620,776	584,475	550,621
Change	-	-6.97%	-21.94%	20.08%	-6.38%	-1.26%	-5.85%	-5.79%
P/E	16.8x	15.7x	-25.6x	66.1x	25.4x	14.7x	11.7x	10.5x
PBR	2.72x	2x	1.38x	1.73x	1.38x	1.24x	1.14x	1.04x
PEG	-	-90.02x	0x	-0x	0x	0.2x	0.4x	0.9x
Capitalization / Revenue	1.27x	1.01x	0.79x	1.15x	0.92x	0.82x	0.76x	0.7x
EV / Revenue	1.67x	1.34x	1.3x	1.44x	1.21x	1.1x	0.95x	0.83x
EV / EBITDA	8.08x	6.42x	12.3x	8.84x	6.78x	5.77x	4.93x	4.24x
EV / EBIT	10.7x	9.37x	31.5x	13.8x	9.91x	8.39x	7.08x	6x
EV / FCF	17.2x	11.8x	84.4x	7.25x	10.2x	14.4x	9.25x	8.1x
FCF Yield	5.81%	8.48%	1.19%	13.8%	9.84%	6.97%	10.8%	12.4%
Dividend per Share ²	10	10	2	2	6	8.902	9.924	9.992
Rate of return	1.3%	1.39%	0.44%	0.31%	1.06%	1.62%	1.8%	1.82%
EPS ²	45.87	45.79	-17.8	9.62	22.32	37.29	47.01	52.22
Distribution rate	21.8%	21.8%	-11.2%	20.8%	26.9%	23.9%	21.1%	19.1%
Net sales ¹	462,400	535,760	430,980	466,370	518,390	566,072	612,307	665,587
EBITDA ¹	95,290	111,600	45,390	76,000	92,720	107,583	118,519	129,954
EBIT ¹	71,700	76,490	17,760	48,500	63,440	73,962	82,515	91,796
Net income ¹	36,260	35,700	-12,000	8,970	19,220	30,452	38,518	44,090
Net Debt ¹	182,140	177,960	217,090	134,310	149,330	156,483	120,182	86,327
Reference price ²	769.70	717.45	455.85	636.20	567.70	550.00	550.00	550.00
Nbr of stocks (in thousands)	763,938	750,608	750,608	844,434	844,434	844,169	-	-
Announcement Date	5/9/22	5/8/23	5/13/24	5/12/25	5/11/26	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
UPL LIMITED	14.67x	1.09x	5.75x	1.63%	4.81B
CORTEVA, INC.	32.04x	2.88x	12.37x	0.93%	53.01B
YUNNAN YUNTIANHUA CO., LTD.	9.33x	1.14x	5.66x	5.5%	7.48B
PI INDUSTRIES LIMITED	31.1x	4.47x	19x	0.61%	3.78B
K+S AG	6.24x	0.73x	3.92x	0.46%	3.2B
Average	18.67x	2.06x	9.34x	1.83%	14.46B
Weighted average by Cap.	27.34x	2.57x	11.20x	1.41%