UPL Complete Financial Statements
UPL • Review detailed financials to uncover trends, confirm thesis & journal trades
11 Years of Data
2025 - 2015
Complete Financial Data Export
Export complete financial statements for UPL (UPL).
Downloads include all available records across all periods.
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Profitability Ratios
Net Profit Margin
4.93%
2025 data
EBITDA Margin
18.85%
2025 data
Operating Margin
16.00%
2025 data
Return on Assets
0.70%
2025 data
Return on Equity
1.62%
2025 data
Balance Sheet Ratios
Current Ratio
1.83
2025 data
Debt to Equity
2.33
2025 data
Equity Ratio
42.98%
2025 data
Asset Turnover
0.14
2025 data
Year-over-Year Growth Analysis
Comparing Sept 2024 vs Sept 2025
Revenue Growth
+10.8%
Year-over-Year
Net Profit Growth
+204.6%
Year-over-Year
EBITDA Growth
+77.2%
Year-over-Year
Expense Growth
+1.9%
Year-over-Year
Assets Growth
+0.5%
Year-over-Year
Equity Growth
+15.7%
Year-over-Year
Liabilities Growth
+0.5%
Year-over-Year
Operating Cash Flow Growth
+337.4%
Year-over-Year
Investing Cash Flow Growth
+27.3%
Year-over-Year
Financing Cash Flow Growth
-3022.6%
Year-over-Year
Income Statement
Periods
₹ Crores
| Particulars | Sept 2025 | Mar 2025 | Jun 2025 | Sept 2024 | Mar 2024 | Jun 2024 | Dec 2024 | Sept 2023 | Mar 2023 | Jun 2023 | Dec 2023 | Sept 2022 | Mar 2022 | Jun 2022 | Dec 2022 | Sept 2021 | Mar 2021 | Jun 2021 | Dec 2021 | Sept 2020 | Mar 2020 | Jun 2020 | Dec 2020 | Sept 2019 | Mar 2019 | Jun 2019 | Dec 2019 | Sept 2018 | Mar 2018 | Jun 2018 | Dec 2018 | Sept 2017 | Mar 2017 | Jun 2017 | Dec 2017 | Sept 2016 | Mar 2016 | Jun 2016 | Dec 2016 | Sept 2015 | Mar 2015 | Jun 2015 | Dec 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12,411 | 15,680 | 9,377 | 11,201 | 14,249 | 9,165 | 11,077 | 10,275 | 16,900 | 9,064 | 10,038 | 12,585 | 16,091 | 10,924 | 13,828 | 10,624 | 12,905 | 8,563 | 11,381 | 9,014 | 11,185 | 7,900 | 9,271 | 7,841 | 8,573 | 7,945 | 8,912 | 4,289 | 5,809 | 4,257 | 4,958 | 3,846 | 5,489 | 3,824 | 4,313 | 3,623 | 4,523 | 3,597 | 4,050 | 2,964 | 3,518 | 3,184 | 3,398 |
| Expenses | 10,072 | 12,684 | 7,829 | 9,881 | 12,335 | 8,047 | 9,305 | 9,136 | 13,876 | 7,790 | 9,837 | 10,133 | 12,649 | 8,753 | 10,815 | 8,676 | 10,225 | 6,808 | 8,906 | 7,489 | 9,408 | 6,026 | 6,931 | 6,675 | 7,533 | 6,666 | 6,865 | 3,527 | 4,276 | 3,341 | 4,074 | 3,124 | 4,304 | 3,051 | 3,485 | 3,049 | 3,838 | 2,864 | 3,193 | 2,549 | 2,852 | 2,671 | 2,779 |
| EBITDA | 2,339 | 2,996 | 1,548 | 1,320 | 1,914 | 1,118 | 1,772 | 1,139 | 3,024 | 1,274 | 201 | 2,452 | 3,442 | 2,171 | 3,013 | 1,948 | 2,680 | 1,755 | 2,475 | 1,525 | 1,777 | 1,874 | 2,340 | 1,166 | 1,040 | 1,279 | 2,047 | 762 | 1,533 | 916 | 884 | 722 | 1,185 | 773 | 828 | 574 | 685 | 733 | 857 | 415 | 666 | 513 | 618 |
| Operating Profit Margin % | 16.00% | 19.00% | 15.00% | 11.00% | 12.00% | 11.00% | 15.00% | 10.00% | 16.00% | 13.00% | 1.00% | 19.00% | 20.00% | 19.00% | 21.00% | 18.00% | 20.00% | 20.00% | 21.00% | 16.00% | 16.00% | 23.00% | 24.00% | 15.00% | 12.00% | 16.00% | 23.00% | 17.00% | 25.00% | 19.00% | 17.00% | 17.00% | 19.00% | 18.00% | 17.00% | 14.00% | 13.00% | 18.00% | 19.00% | 13.00% | 20.00% | 17.00% | 15.00% |
| Depreciation | 771 | 705 | 731 | 697 | 794 | 660 | 688 | 657 | 727 | 636 | 676 | 608 | 642 | 588 | 624 | 566 | 576 | 551 | 600 | 533 | 595 | 522 | 542 | 476 | 431 | 446 | 495 | 181 | 184 | 175 | 182 | 165 | 187 | 158 | 169 | 154 | 199 | 169 | 162 | 157 | 103 | 155 | 166 |
| Interest | 784 | 914 | 1,007 | 1,070 | 1,090 | 913 | 730 | 871 | 906 | 700 | 1,191 | 644 | 800 | 519 | 894 | 359 | 421 | 607 | 529 | 343 | 187 | 551 | 745 | 381 | 405 | 398 | 515 | 181 | 410 | 175 | 202 | 182 | 213 | 80 | 111 | 180 | 174 | 160 | 183 | 161 | 123 | 68 | 209 |
| Profit Before Tax | 784 | 1,377 | -190 | -447 | 30 | -455 | 354 | -389 | 1,391 | -62 | -1,666 | 1,200 | 2,000 | 1,064 | 1,495 | 1,023 | 1,683 | 597 | 1,346 | 649 | 995 | 801 | 1,053 | 309 | 204 | 435 | 1,037 | 400 | 939 | 566 | 500 | 375 | 785 | 535 | 548 | 240 | 312 | 404 | 512 | 216 | 501 | 360 | 304 |
| Tax | 172 | 298 | -14 | 138 | 110 | 72 | -499 | -96 | 311 | -164 | -59 | 231 | 265 | 59 | 135 | 249 | 322 | -152 | 167 | 112 | 211 | 148 | 109 | 107 | -59 | 81 | 207 | 124 | 202 | 54 | 32 | 137 | 43 | 60 | -31 | 74 | 120 | 42 | 50 | 78 | 58 | 38 | 14 |
| Net Profit | 612 | 1,079 | -176 | -585 | -80 | -527 | 853 | -293 | 1,080 | 102 | -1,607 | 969 | 1,735 | 1,005 | 1,360 | 774 | 1,361 | 749 | 1,179 | 537 | 784 | 653 | 944 | 202 | 263 | 354 | 830 | 276 | 737 | 512 | 468 | 238 | 742 | 475 | 579 | 166 | 192 | 362 | 462 | 138 | 443 | 323 | 289 |
| Earnings Per Share (₹) | 6.75 | 11.41 | -1.94 | -5.68 | 0.52 | -6.02 | 9.98 | -2.54 | 10.68 | 1.33 | -17.11 | 10.83 | 18.04 | 10.76 | 13.52 | 8.29 | 12.75 | 8.08 | 11.46 | 6.07 | 8.08 | 7.20 | 10.38 | 2.18 | 3.27 | 3.74 | 9.16 | 3.53 | 14.47 | 6.68 | 6.04 | 4.65 | 14.61 | 9.36 | 11.30 | 3.28 | 4.30 | 7.12 | 9.06 | 2.76 | 10.27 | 6.41 | 5.55 |
Related Pages for UPL
Additional stock information and data for UPL
Balance Sheet
Years
Annual Data
₹ Crores
| Particulars | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Total Assets | 88,002 | 87,546 | 88,577 | 82,679 | 70,431 | 70,083 | 63,166 | 23,043 | 20,381 | 16,988 | 14,422 |
| Current Assets | 39,617 | 39,299 | 41,988 | 39,728 | 30,070 | 29,241 | 26,696 | 15,004 | 13,658 | 11,183 | 8,489 |
| Fixed Assets | 39,084 | 39,056 | 38,713 | 36,193 | 34,765 | 35,321 | 32,149 | 4,437 | 4,071 | 3,862 | 4,031 |
| Capital Work in Progress | 2,546 | 2,965 | 2,818 | 2,501 | 2,117 | 2,073 | 1,855 | 1,319 | 792 | 484 | 583 |
| Investments | 2,328 | 2,154 | 1,615 | 1,922 | 618 | 558 | 708 | 1,034 | 378 | 335 | 0 |
| Other Assets | 44,044 | 43,371 | 45,431 | 42,063 | 32,931 | 32,131 | 28,454 | 16,253 | 15,140 | 12,307 | 9,808 |
| LIABILITIES | |||||||||||
| Total Liabilities | 88,002 | 87,546 | 88,577 | 82,679 | 70,431 | 70,083 | 63,166 | 23,043 | 20,381 | 16,988 | 14,422 |
| Current Liabilities | 21,607 | 27,979 | 24,111 | 25,395 | 26,224 | 30,803 | 28,736 | 6,213 | 5,923 | 2,887 | 2,524 |
| Non-Current Liabilities | |||||||||||
| SHAREHOLDERS' EQUITY | |||||||||||
| Total Equity | 37,826 | 32,706 | 35,429 | 29,308 | 24,580 | 22,594 | 18,169 | 9,188 | 7,430 | 5,933 | 5,905 |
| Share Capital | 159 | 150 | 150 | 153 | 153 | 153 | 102 | 102 | 183 | 3,883 | 86 |
| Reserves & Surplus | 29,054 | 24,657 | 26,708 | 24,508 | 20,734 | 19,129 | 14,613 | 9,067 | 7,214 | 2,006 | 5,775 |
Cash Flow Statement
Periods
₹ Crores
| Particulars | March 2025 | March 2024 | March 2023 | March 2022 | March 2021 | March 2020 | March 2019 | March 2018 | March 2017 | March 2016 | March 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | 10,151 | 2,321 | 7,751 | 6,496 | 7,212 | 8,739 | 2,356 | 2,839 | 2,585 | 1,396 | 1,409 |
| Investing Activities | -1,823 | -2,509 | -1,354 | -3,575 | -2,426 | -2,666 | -31,282 | -2,059 | -1,022 | -1,734 | -463 |
| Financing Activities | -4,793 | 164 | -6,227 | -1,921 | -6,713 | -2,175 | 28,893 | -801 | 140 | 469 | -991 |
| Net Cash Flow | 3,535 | -24 | 170 | 1,000 | -1,927 | 3,898 | -33 | -21 | 1,703 | 131 | -45 |