Market cap
₹48,202 Cr
Revenue (TTM)
₹52,804 Cr
P/E Ratio
23.9
P/B Ratio
1.4
Div. Yield
1.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -44.47 | 10.47 | 12.86 | 0.70 | 6.04 |
| EBIT | -76.62 | -7.07 | 17.88 | -3.85 | -0.37 |
| Net Profit | -99.39 | 107.77 | 32.21 | 9.52 | -9.39 |
| EPS | -99.06 | 110.69 | 57.46 | -13.21 | -8.65 |
| Book Value | -- | -- | 11.74 | 6.16 | 12.84 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 2.45 | 11.18 | 11.33 | 11.63 | 10.40 |
| Net Margin
| 24.75 | 3.87 | 4.89 | 4.23 | 1.74 |
| Return on equity
| 15.17 | 8.67 | 5.89 | 6.95 | 3.04 |
| Return on Capital
| 13.97 | 11.05 | -- | 12.00 | 8.42 |
| Return on Assets
| 8.27 | 2.51 | 2.86 | 2.52 | 0.97 |
| Debt to Equity (x)
| -- | -- | 0.45 | 0.63 | 0.81 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
--
|
12.00
|
8.42
|
3.43
|
16.16
|
|
Peer Median
|
--
|
16.32
|
12.22
|
21.63
|
--
|
ROE
5.89
Lower than Peers by 5.65
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
5.89
|
6.95
|
3.04
|
-7.28
|
18.20
|
|
Peer Median
|
11.54
|
12.46
|
9.23
|
18.08
|
--
|
ROA
2.86
Lower than Peers by 4.43
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
2.86
|
2.52
|
0.97
|
-2.21
|
5.30
|
|
Peer Median
|
7.29
|
7.44
|
5.98
|
9.92
|
--
|
EBIT Margin
11.33
Higher than Peers by 2.57
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
11.33
|
11.63
|
10.40
|
4.12
|
14.28
|
|
Peer Median
|
8.75
|
10.36
|
9.68
|
7.64
|
--
|
Net Margin
4.89
Lower than Peers by 2.03
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
4.89
|
4.23
|
1.74
|
-4.31
|
8.17
|
|
Peer Median
|
6.92
|
6.37
|
5.63
|
8.97
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
--
|
8.72
|
6.34
|
1.66
|
10.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
12.86
Higher than Peers by 5.98
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
12.86
|
11.15
|
8.21
|
-19.56
|
15.87
|
|
Peer Median
|
6.88
|
8.30
|
7.71
|
-11.85
|
--
|
EBIT Growth
17.88
Higher than Peers by 4.34
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
17.88
|
24.29
|
173.09
|
-76.78
|
6.90
|
|
Peer Median
|
13.54
|
18.82
|
31.57
|
-36.92
|
--
|
Net Profit Growth
32.21
Higher than Peers by 17.91
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
32.21
|
170.73
|
143.66
|
-142.55
|
-0.52
|
|
Peer Median
|
14.30
|
23.99
|
30.59
|
-41.41
|
--
|
EPS Growth
57.46
Higher than Peers by 46.30
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
57.46
|
101.59
|
173.52
|
-133.61
|
0.42
|
|
Peer Median
|
11.16
|
30.16
|
31.07
|
-42.07
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
--
|
18.77
|
17.86
|
-7.64
|
23.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.45
Higher than Peers by 0.44
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
0.45
|
0.63
|
0.81
|
1.14
|
0.86
|
|
Peer Median
|
0.01
|
0.11
|
0.05
|
0.11
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
--
|
0.05
|
0.03
|
0.17
|
0.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.21
Lower than Peers by 0.73
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
1.21
|
1.21
|
1.39
|
1.46
|
1.45
|
|
Peer Median
|
1.94
|
1.79
|
2.07
|
1.63
|
--
|
Quick Ratio
0.85
Lower than Peers by 0.44
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
0.85
|
0.85
|
1.03
|
0.99
|
0.96
|
|
Peer Median
|
1.29
|
1.09
|
1.23
|
1.13
|
--
|
Interest Coverage
2.09
Lower than Peers by 17.25
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
2.09
|
1.93
|
1.23
|
0.46
|
2.74
|
|
Peer Median
|
19.34
|
17.49
|
12.22
|
12.03
|
--
|
Operating Efficiency
Debtors to sales
33.85
Higher than Peers by 2.34
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
33.85
|
34.48
|
33.25
|
37.95
|
34.02
|
|
Peer Median
|
31.51
|
27.44
|
30.54
|
25.72
|
--
|
Asset Turnover
0.58
Lower than Peers by 0.27
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
0.58
|
0.71
|
0.67
|
0.63
|
0.77
|
|
Peer Median
|
0.85
|
0.89
|
0.85
|
0.88
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
--
|
97.17
|
103.28
|
118.71
|
95.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
--
|
66.93
|
74.86
|
91.88
|
76.63
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
--
|
223.80
|
228.53
|
248.10
|
228.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
--
|
-59.70
|
-50.38
|
-37.51
|
-56.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
23.86
Higher than Peers by 1.62
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
23.86
|
24.96
|
56.39
|
--
|
14.46
|
|
Peer Median
|
22.24
|
21.68
|
39.81
|
50.05
|
--
|
Price / Book Value
1.39
Lower than Peers by 1.25
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
1.39
|
1.38
|
1.73
|
1.38
|
2.00
|
|
Peer Median
|
2.64
|
2.45
|
4.60
|
3.48
|
--
|
Dividend Yield
1.05
Higher than Peers by 0.78
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
1.05
|
1.06
|
0.94
|
0.22
|
1.39
|
|
Peer Median
|
0.27
|
0.26
|
0.20
|
0.55
|
--
|
EV/EBITDA
6.36
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
6.36
|
6.42
|
7.99
|
11.23
|
6.63
|
|
Peer Median
|
--
|
17.56
|
29.16
|
19.72
|
--
|
Market Cap
48,202
Higher than Peers by 44,602
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
UPL
|
48,202
|
47,972
|
50,578
|
34,190
|
53,806
|
|
Peer Median
|
3,600
|
2,844
|
4,155
|
3,052
|
--
|