UPL enterprise value

·ChemicalsChart ›
MultiplesEnterprise valuePer share
Share price at each year-end
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
45,795————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
6,6096,6099,7986,2046,013
6,5736,5738,6137,8998,571
22,04622,04623,71428,43822,999
67,805————
15,43715,43713,91622,23416,986
₹802.42————
63,31563,31561,54061,14458,428
34.8%34.8%38.5%46.5%39.4%
0.33×————
1.28×————
7.27×————
11.34×————
12.44×————
Reference items — trailing FY values
52,80451,83946,63743,09853,576
9,3269,2727,6004,53910,196
5,9816,0284,8501,7767,649
—7,85510,1511,8227,751
5,4495,4498,456−1735,391
—4,6448,433−5595,045
—2,4061,6951,9952,360
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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

UPL₹541.95

UPL Ltd.

· Chemicals
₹ CrorePeersPIINDSUMICHEMRALLISCOROMANDELSRFSOLARINDSPIDILITINDBASFMcap ₹45,795 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————45,794.8
- Cash, Equiv & ST Investments6,013.06,204.09,798.06,609.06,609.0
+ Minority Interest8,571.07,899.08,613.06,573.06,573.0
+ Total Debt22,999.028,438.023,714.022,046.022,046.0
Enterprise Value————67,804.8
Net Debt (memo)16,986.022,234.013,916.015,437.015,437.0
EV per Share————802.42
Total Capital58,428.061,144.061,540.063,315.063,315.0
Total Debt/Total Capital39.3646.5138.5334.8234.82
Total Debt/EV————0.33
EV/Sales————1.28
EV/EBITDA————7.27
EV/EBIT————11.34
EV/Free Cash Flow————12.44
Reference Items — Trailing FY Values
Sales53,576.043,098.046,637.051,839.052,804.0
EBITDA10,196.04,539.07,600.09,272.09,326.0
EBIT7,649.01,776.04,850.06,028.05,981.0
Operating Cash Flow7,751.01,822.010,151.07,855.0—
Free Cash Flow5,391.0-173.08,456.05,449.05,449.0
FCFF (free cash flow to the firm)5,045.3-558.78,433.04,644.0—
Capital Expenditure2,360.01,995.01,695.02,406.0—
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.