UPL Announces Quarterly Results (3QFY20); Net Profit Up 77.5%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

UPL Announces Quarterly Results (3QFY20); Net Profit Up 77.5%
Mon, 10 Feb

UPL has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

UPL Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m49,21078,17088,92013.8%80.7%
Other incomeRs m370240200-16.7%-45.9%
TurnoverRs m49,58078,41089,12013.7%79.7%
ExpensesRs m39,83063,70067,9006.6%70.5%
Gross profitRs m8,47011,42020,27077.5%139.3%
DepreciationRs m1,8206,0804,950-18.6%172.0%
InterestRs m2,0203,8105,15035.2%155.0%
Profit before taxRs m5,0001,77010,370485.9%107.4%
TaxRs m2806601,990201.5%610.7%
Profit after taxRs m4,7201,1108,380655.0%77.5%
Gross profit margin%17.214.622.8
Effective tax rate%5.637.319.2
Net profit margin%9.51.49.4
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 80.7% on a year-on-year (YoY) basis. The expenses were up by 70.5% YoY during the same period.
  • The company's operating profit increased by 139.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 22.8% in 3QFY20 as against 17.2% in 3QFY19.
  • Depreciation charges increased by 172.0% and finance costs increased by 155.0% YoY, respectively.
  • Other income declined by 45.9% YoY during the quarter.
  • Net profit for the quarter increased by 77.5% YoY. Net profit margins during the quarter declined from 9.5% in 3QFY19 to 9.4% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 13.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 6.6% QoQ during the same period.
  • The company's operating profit increased by 77.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 22.8% in 3QFY20 as against 14.6% in 2QFY19.
  • Net profit for the quarter increased by 655.0% QoQ, while net profit margins increased from 1.4% in 2QFY19 to 9.4% in 3QFY20.

To see how UPL has performed over the last eight quarters,please visit here.

FREE Event: How to Profit from the Massive Upcoming Revival in Smallcaps

UPL Share Price Performance

Over the last one year,UPL share price has moved up from Rs 541.6 to Rs 564.1, registering a Gain of Rs 22.5 or around 4.1%.

Overall, the S&P BSE SENSEX is up 10.5% over the year.

Current Valuations

At the current price of Rs 564.1, the price to earnings (P/E) ratio of UPL stands at 30.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.9 times.

Equitymaster requests your view! Post a comment on "UPL Announces Quarterly Results (3QFY20); Net Profit Up 77.5%". Click here!

  

Related Views on News

UPL 2019-20 Annual Report Analysis (Annual Result Update)

Dec 29, 2020 | Updated on Dec 29, 2020

Here's an analysis of the annual report of UPL for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of UPL . Also includes updates on the valuation of UPL .

UPL Announces Quarterly Results (2QFY20); Net Profit Down 60.9% (Quarterly Result Update)

Nov 14, 2019 | Updated on Nov 14, 2019

For the quarter ended September 2019, UPL has posted a net profit of Rs 1 bn (down 60.9% YoY). Sales on the other hand came in at Rs 78 bn (up 83.6% YoY). Read on for a complete analysis of UPL 's quarterly results.

UPL 2018-19 Annual Report Analysis (Annual Result Update)

Oct 9, 2019 | Updated on Oct 9, 2019

Here's an analysis of the annual report of UPL for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of UPL . Also includes updates on the valuation of UPL .

UPL Announces Quarterly Results (1QFY20); Net Profit Down 57.2% (Quarterly Result Update)

Aug 1, 2019 | Updated on Aug 1, 2019

For the quarter ended June 2019, UPL has posted a net profit of Rs 2 bn (down 57.2% YoY). Sales on the other hand came in at Rs 79 bn (up 91.2% YoY). Read on for a complete analysis of UPL 's quarterly results.

More Views on News

Most Popular

'Essential' Smallcap Stock Recommendations(Profit Hunter)

Jan 8, 2021

The smallcap rally has enough steam left in it. If you haven't joined yet, it is still not too late.

Is Nifty Forming a Top(Fast Profits Daily)

Jan 8, 2021

The charts are telling the bulls to be cautious.

Why Gold Hit Lower Circuit(Fast Profits Daily)

Jan 11, 2021

Were you shocked that bullion prices hit lower circuits on Friday on the MCX? Find out why it happened...

A Rare Chance to Invest in Potential Multibaggers in 2021(Profit Hunter)

Jan 11, 2021

Our ace stock picker is ready to capitalise on a big growth opportunity.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

UPL SHARE PRICE


Jan 19, 2021 01:28 PM

TRACK UPL

UPL - BAYER CROP (I) COMPARISON

COMPARE UPL WITH

MARKET STATS