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Business Standard
04-08-2025
- Business
- Business Standard
UPL jumps after Q1 results signal margin recovery
UPL surged 7.08% to Rs 711.80 after the agrochemical giant reported a notable recovery in margins for the first quarter of FY26, even as revenue growth remained modest. Consolidated revenue for the quarter stood at Rs 9,216 crore, up 2% from Rs 9,067 crore a year ago. The topline was supported by improved pricing and favourable forex. The company saw robust growth in India (+21%) supported by North America and Europe (+8% each), offset by Latin America and Rest of World (-10% each). Contribution margin jumped by 390 basis points to 43.4%, while EBITDA grew 14% to Rs 1,303 crore. This pushed the EBITDA margin up by 150 basis points to 14.1%, buoyed by a better product mix, higher capacity utilisation, and lower input costs. Despite continued losses, profitability showed strong signs of recovery. Reported PATMI (Profit After Tax and Minority Interest) narrowed to Rs 88 crore in Q1FY26, from a loss of Rs 384 crore in the same quarter last year, an improvement of nearly Rs 300 crore. The company reaffirmed its full-year guidance, projecting revenue growth between 4% and 8%, and EBITDA growth in the range of 10% to 14% for FY26. On the balance sheet front, UPL continued its deleveraging drive. Net working capital days reduced to 86 (from 121 days last year), and net debt was trimmed by Rs 6,129 crore to Rs 21,371 crore. The company also redeemed $400 million (Rs 3,409 crore) worth of perpetual bonds in May 2025. Strong double-digit volume and pricing growth in subsidiaries UPL SAS (+13%) and Advanta (+20%) added to the platform strength. SUPERFORM registered a 9% growth, while UPL Corp saw a 3% decline, mainly due to softer volumes in Brazil. Jai Shroff, chairman & group CEO, UPL said, "We are pleased to report a strong start to FY26, reflecting the strength of our portfolio. All the platforms have been able to improve margins and cash generation. The remarkable resilience demonstrated by all our platforms, reaffirms that UPL is on the path of sustainable value creation. In view of this, we continue to see the opportunities of creating value for our shareholders. While the business platforms continue to attract investments from leading global investors, we remain committed to unlocking value across all the platforms through restructuring, receiving strategic investments, potential liquidity events which also helps to accomplish deleveraging, and we will soon engage advisors to achieve the same." Bikash Prasad, Group CFO, UPL, added, "We are pleased to report a robust financial performance in Q1FY26, underpinned by improved operational efficiency, focus on bottom line and prudent financial management. Effective capital management, reduction in net debt and improved gearing ratios reflect our continued focus on balance sheet strength and long-term sustainable value creation. Our recent outlook upgrade by two global ratings agencies is an endorsement of our financial resilience, strategic clarity, and commitment to sustainable growth, reflecting our endeavour in enhancing long-term stakeholder confidence." UPL is a global provider of sustainable agricultural products and solutions that cover the entire agrifood value chain. It is one of the largest agriculture companies worldwide, serving growers in more than 140 countries. UPL comprises of four pure-play platforms that include UPL Corporation (UPL Corp); UPL Sustainable Agri Solutions (UPL SAS); Advanta Enterprises; and Superform Chemistries (formerly known as UPL Speciality Chemicals).
News18
04-08-2025
- Business
- News18
UPL stock rallies 8 pc after Q1 losses narrow to Rs 176 cr
Agency: PTI Last Updated: New Delhi, Aug 4 (PTI) Shares of UPL rallied by nearly 8 per cent in the mid-session trade on Monday after the agrochemicals and pesticide player reported narrowing of consolidated net losses to Rs 176 crore during the June quarter. The company's stock climbed 7.67 per cent to Rs 715.75 apiece on the BSE. On the NSE, it jumped by 7.59 per cent to trade at Rs 715.70 per piece. In the mid-session trade, the 30-share BSE Sensex jumped by 392.42 points or 0.49 per cent to 80,992.33, while the NSE Nifty rose 151.20 points or 0.62 per cent to 24,716.55. In a regulatory filing on Friday, UPL reported narrowing of consolidated net losses to Rs 176 crore during the June quarter. The company's loss stood at Rs 527 crore during the first quarter of 2024-25. Its revenue from operations of the company grew 1.64 per cent during the quarter under review at Rs 9,216 crore compared to Rs 9,067 crore in the same period of the previous fiscal year. 'We are pleased to report a strong start to FY26, reflecting the strength of our portfolio. All the platforms have been able to improve margins and cash generation," UPL Chairman and Group CEO Jai Shroff said. PTI HG HG DR DR view comments First Published: August 04, 2025, 13:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
01-08-2025
- Business
- News18
UPL consolidated losses narrow to Rs 176 cr in Q1
Agency: PTI Mumbai, Aug 1 (PTI) Agrochemicals and pesticide player UPL on Friday reported narrowing of consolidated net losses to Rs 176 crore during the June quarter. The company's loss stood at Rs 527 crore during the first quarter of 2024-25, UPL said in a regulatory filing. Revenue from operations of the company grew 1.64 per cent during the quarter under review at Rs 9,216 crore compared to Rs 9,067 crore in the same period of the previous fiscal year. 'We are pleased to report a strong start to FY26, reflecting the strength of our portfolio. All the platforms have been able to improve margins and cash generation," UPL Chairman and Group CEO Jai Shroff said. view comments First Published: August 01, 2025, 19:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
29-05-2025
- Entertainment
- Business Standard
Rishabh Tongya and Jai Shroff Brings Bollywood Dazzle To Cannes In A Star-Studded Celebration With Chopard & Openag Foundation
VMPL Cannes [France], May 29: As the world's most glamorous film festival unfolds in Cannes, Indian businessman and philanthropist Rishabh Tongya, Founder of Diacolor, brought the spotlight to Indian cinema and social responsibility with a glittering 'Bollywood Evening' co-hosted with luxury maison Chopard, OpenAg Foundation, and fashion icon Tania Shroff. Held at the iconic Chopard Rooftop at Hotel Martinez, the evening was a heady blend of cinematic magic and luxury, attended by some of Indian cinema's most celebrated names -- Karan Johar, Orry, Shalini Passi, Urvashi Rautela, Taha Shah, Aditi Rao Hydari, among others. The event celebrated not just the glamour of Bollywood but also the visionaries and creatives who drive India's cultural powerhouse. Curated personally by Rishabh Tongya, the evening paid homage to Indian cinema's bold spirit, reflected through Chopard's timeless elegance. Singer Kanika Kapoor lit up the evening with her chart-topping hits, while tabla prodigy Nihal Singh and DJ Krish Mulchandani flew in from LA to add a touch of classical artistry. A seasoned global luxury connoisseur, Rishabh remarked, "India is a land where opulence meets understatement, and elegance is a way of life. Nothing mirrors the vibrancy of our nation quite like our cinema. Tonight, we honour the magic of filmmaking and the discerning spirit of India." The event also spotlighted Water for Harmony, the flagship campaign of OpenAg Foundation, co-founded by agro-tech titan Jai Shroff and chaired by Rajnikant Shroff, with a mission to bring clean drinking water to one million people across Southern Africa. The evening raised a remarkable USD 1.3 million, with standout contributions from Caroline Scheufele (USD 100,000) and Varun Chaudhary (USD 25,000). Jai Shroff shared, "Water for Harmony builds on a successful pilot in Zambia, where we drilled 10 boreholes, addressing a region where fewer than 50% of the population has access to safe drinking water." (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Korea Herald
13-05-2025
- Business
- Korea Herald
UPL LTD - Q4 and FULL YEAR FY25 RESULTS UPDATE
Strong Financial Performance for FY25; 8% Revenue Growth, 175% Growth in Net Profits and Net Debt Reduction of $1.04 Bn MUMBAI, India, May 13, 2025 /PRNewswire/ -- UPL Ltd (NSE: UPL) (BSE: UPLPP) (BSE: 512070/ 890209) (LSE: UPLL), today announced its financial results for the fourth quarter and full year ended March 31, 2025. Financial Highlights Q4 FY25 Full Year FY25 Commenting on the Q4FY25 and full year performance, Jai Shroff, Chairman & Group CEO, UPL Ltd., said: "Our performance this year reflects the strength of our resilient core and the strategic actions we have taken to build a future-ready enterprise. The significant improvement in profitability and operational efficiency, alongside consistent revenue growth, strong operating free cash flows and certain strategic fund-raising initiatives resulting in our net debt reduction by around $1 Bn validates our commitment towards sustainable value creation. We enter FY26 with a sharper business model, stronger margins, and renewed momentum to capture emerging opportunities in our markets." Mike Frank, CEO UPL Corporation, said: "We are proud to deliver a strong finish to the year, marked by industry-leading volume growth and increased market penetration in key geographies. Our disciplined focus on SG&A control has driven meaningful savings versus last year, while operational excellence led to a significant improvement of nearly 800 basis points in EBITDA margins. Strong free cash generation and tighter working capital management have further strengthened our balance sheet. These results reflect the relentless execution of our teams and the solid momentum we have built, positioning us well for sustained growth and value creation in the coming year." Debt Position As on 31 Mar 2025, Net Debt stood at ₹138.6 Bn ($1.62 Bn), a reduction of ₹83.2 Bn ($1.04 Bn) versus ₹221.7 Bn ($2.66 Bn) at the end of FY24. This reduction is attributed to higher operating free cash flows and ₹47 Bn ($550 Mn) gross proceeds from rights issue and Advanta stake sale. Working Capital Net Working Capital Days improved from 86 days last year to 53 days in FY25. This improvement was driven by better inventory optimisation and tighter credit management. Capital Markets Day Webcast and Presentation Details: The results will be followed by a Capital Markets Day presentation at 4.00 pm IST on 12 th May 2024. Webcast Registration link: To access the live webcast of the event, click here. The presentation will be available here. About UPL Limited UPL Ltd. (NSE: UPL, BSE: 512070, LSE GDR: UPLL) is a global provider of sustainable agricultural products and solutions that cover the entire agrifood value chain. With annual revenue exceeding $5 bn, UPL Ltd is one of the largest agriculture companies worldwide, serving growers in more than 140 countries. UPL Limited comprises of four pure-play platforms that include UPL Corporation Ltd (UPL Corp); UPL Sustainable Agri Solutions Ltd. (UPL SAS); Advanta Enterprises Ltd; and Superform Chemistries Ltd. (formerly known as UPL Speciality Chemicals Ltd.). Together, these platforms are dedicated to Reimagining Sustainability and driving progress in the world. For more information, please visit Safe Harbor Statement This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of UPL Limited (UPL) and certain of the plans and objectives of UPL with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITDA, and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as "anticipates", "assumes", "believes", "estimates", "expects", "should", "will", "will likely result", "forecast", "outlook", "projects", "may" or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where UPL operates, industry consolidation and competition. As a result, UPL's actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, see also Risk management, of our Annual Report.
