UNITED PHOSPHOROUS LTD (UPL) - Q4 FY 20 RESULTS REVIEW

UNITED PHOSPHOROUS LTD (UPL)

Q4 FY 20 RESULTS REVIEW

UPL Limited, formerly United Phosphorus Limited, manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals, and also offers crop protection solutions. 

SEEDS : DELIVERS HIGHEST QUALITY SEEDS in many countries

Integrated crop health solutions

Crop protection : protecting and nurturing food and livelihoods

Multiple engaging solutions to farmers

Headquarters: Bandra West, Mumbai

Management                                                                                   

R D Shroff      CMD                                      

S R Shroff       Vice Chairman

Number of employees: 7,435 (FY18)

RESULTS REVIEW

UPL (in Rs. Cr.)           Mar '20           Dec '19            Mar '19           YOY     QOQ   

Net Sales                     11,141             8,892               8,525               30.69   25.29  

P B T                            972                  1,037              204                  376.47 -6.27   

NPT                              617                  701                  206               199.51  -11.98 

Equity                          153                  153                  102                  50        0         

Basic EPS                     8.08                 9.16                 4.05             99.51   -11.79 

MP  447                            

52 Wk L/H     240.3     709.2   

 

TECHNICAL RATING                                     

Very Bullish                                    

                                        

Valuation 

                                        

Market Cap (Rs Cr.)           34,248.34                         

P/E               74.38                  

Book Value (Rs)          105.02                              

Dividend (%)       300                     

Industry P/E         39.89                         

EPS (TTM)     6.03                                 

P/C        25.34                         

Price/Book           4.27                           

Dividend Yield.(%)      1.34                                 

Face Value (RS)          2                         

Deliverables (%)        29.58                                

Share Holding Pattern in (%)                                     

                                        

                  Mar-20   Sep-19                      

Promoters     30.4       30.4                           

Pledged        7.96       2.32                           

FII/FPI        45.69     47.81                         

Total DII     17.14     15.11                         

Fin.Insts       6.82       5.76                           

Insurance Co 1.97       1.11                           

MF               4.52       4.7                      

Others DIIs   3.83       3.54                           

Others          6.77       6.68                           

Total           100       100                     

                                                                                               

                                       

       Why is UPL share falling?

Risks: Prolonged impact of Covid-19 could displace UPL's deleveraging plans and could be a threat to ratings and forex exposure (especially in Brazil) and a fall in China's pesticide price. Apr 1, 2020