UPL Limited (BOM:512070)
India · Delayed Price · Currency is INR 541.00
+6.00 (1.12%)
At close: Nov 9, 2026
UPL Limited Cash Flow Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Operating Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Net Income | 18,880 | 19,220 | 8,970 | -12,000 | 35,700 | 36,260 |
Depreciation & Amortization | 22,020 | 20,530 | 16,890 | 17,740 | 15,880 | 14,320 |
Other Amortization | 11,910 | 11,910 | 10,610 | 9,890 | 9,590 | 9,270 |
Loss (Gain) From Sale of Assets | -130 | -90 | -610 | -150 | -210 | -420 |
Asset Writedown & Restructuring Costs | 130 | 90 | 100 | 50 | 60 | 110 |
Loss (Gain) From Sale of Investments | 6,030 | 7,400 | 2,450 | 910 | 150 | 10 |
Loss (Gain) on Equity Investments | 3,730 | 1,940 | 4,720 | 2,420 | -1,570 | -1,340 |
Stock-Based Compensation | 70 | 700 | 390 | 70 | 1,330 | - |
Provision & Write-off of Bad Debts | - | - | - | - | 1,230 | -150 |
Other Operating Activities | 21,600 | 28,580 | 21,020 | 8,230 | 29,040 | 24,570 |
Change in Accounts Receivable | -33,710 | -45,000 | 5,600 | 16,730 | -21,240 | -30,910 |
Change in Inventory | -39,720 | -23,600 | 24,600 | 12,080 | -9,020 | -35,940 |
Change in Accounts Payable | 19,980 | 56,870 | 6,770 | -37,750 | 1,390 | 39,250 |
Change in Other Net Operating Assets | - | - | - | - | 15,180 | 9,930 |
Operating Cash Flow | 30,790 | 78,550 | 101,510 | 18,220 | 77,510 | 64,960 |
Operating Cash Flow Growth | -60.47% | -22.62% | 457.13% | -76.49% | 19.32% | -9.93% |
Investing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Capital Expenditures | -14,840 | -16,660 | -8,130 | -11,590 | -16,720 | -20,220 |
Sale of Property, Plant & Equipment | 920 | 530 | 4,400 | 410 | 710 | 1,230 |
Cash Acquisitions | - | - | - | - | -560 | -1,300 |
Sale (Purchase) of Intangibles | -7,310 | -7,400 | -8,820 | -8,360 | -6,880 | -6,660 |
Investment in Securities | -10,580 | -4,270 | -7,030 | -7,970 | 6,810 | -14,100 |
Other Investing Activities | 3,430 | 5,800 | 1,350 | 2,120 | 2,350 | 3,030 |
Investing Cash Flow | -28,390 | -23,620 | -18,400 | -24,780 | -14,900 | -38,190 |
Financing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Short-Term Debt Issued | - | 5,750 | - | 31,530 | - | 25,770 |
Long-Term Debt Issued | - | - | - | 33,130 | 61,630 | 71,930 |
Total Debt Issued | 70,910 | 5,750 | - | 64,660 | 61,630 | 97,700 |
Short-Term Debt Repaid | - | - | -32,170 | - | -28,940 | - |
Long-Term Debt Repaid | - | -53,830 | -26,670 | -20,950 | -82,340 | -87,420 |
Lease Payments | -7,640 | -6,410 | -5,300 | -4,340 | -3,700 | -2,780 |
Total Debt Repaid | -20,970 | -53,830 | -58,840 | -20,950 | -111,280 | -87,420 |
Net Debt Issued (Repaid) | 49,940 | -48,080 | -58,840 | 43,710 | -49,650 | 10,280 |
Issuance of Common Stock | 150 | 17,000 | 16,330 | - | - | - |
Repurchase of Common Stock | -34,090 | -34,090 | - | - | -13,550 | - |
Common Dividends Paid | -5,070 | -4,780 | -770 | -7,490 | -7,500 | -7,640 |
Dividends Paid | -5,070 | -4,780 | -770 | -7,490 | -7,500 | -7,640 |
Other Financing Activities | -26,970 | -28,880 | -4,650 | -34,580 | 8,430 | -21,850 |
Financing Cash Flow | -16,040 | -98,830 | -47,930 | 1,640 | -62,270 | -19,210 |
Net Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Foreign Exchange Rate Adjustments | 5,740 | 8,870 | 170 | 4,680 | 1,360 | 2,440 |
Net Cash Flow | -7,900 | -35,030 | 35,350 | -240 | 1,700 | 10,000 |
Free Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Free Cash Flow | 15,950 | 61,890 | 93,380 | 6,630 | 60,790 | 44,740 |
Free Cash Flow Growth | -76.09% | -33.72% | 1308.45% | -89.09% | 35.87% | -20.01% |
Free Cash Flow Margin | 3.03% | 11.94% | 20.02% | 1.54% | 11.35% | 9.68% |
Free Cash Flow Per Share | 20.65 | 74.57 | 118.30 | 8.66 | 80.99 | 58.56 |
Levered Free Cash Flow | -20,813 | 22,775 | 63,275 | -6,051 | 31,479 | 15,453 |
Unlevered Free Cash Flow | -3,275 | 40,606 | 83,475 | 15,061 | 50,129 | 26,546 |
Free Cash Flow After Leases | 8,310 | 55,480 | 88,080 | 2,290 | 57,090 | 41,960 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Cash Interest Paid | 26,880 | 28,790 | 33,280 | 34,050 | 23,450 | 19,410 |
Cash Income Tax Paid | 12,930 | 5,710 | 9,830 | 11,430 | 12,620 | 10,040 |
Change in Working Capital | -53,450 | -11,730 | 36,970 | -8,940 | -13,690 | -17,670 |