UPL Ltd. | CMP Rs. 592 | M Cap Rs. 45223 Cr | 52 W H/L 709/425
(Nirmal Bang Retail Research)
Result is above expectations
Revenue from Operations came at Rs. 7817 Cr (-1.1% QoQ, 83.6% YoY) vs expectation of Rs. 7053.8 Cr, QoQ Rs. 7906 Cr, YoY Rs. 4257 Cr
EBIDTA came at Rs. 1539 Cr (23.5% QoQ, 83.4% YoY) vs expectation of Rs. 1471 Cr, QoQ Rs. 1246 Cr, YoY Rs. 839 Cr
EBITDA Margin came at 19.7% vs expectation of 20.9%, QoQ 15.8%, YoY 19.7%
Adj. PAT came at Rs. 408 Cr vs expectation of Rs. 500.1 Cr, QoQ Rs. 250 Cr, YoY Rs. 327 Cr
Quarter EPS is Rs. 5.3
Share is trading at P/E of 15.5x FY20E EPS