|Stock Name : UPL /Tips Open||Buy : 467.10||Posted Date : July 30, 2020|
|Stopless/Horizon : 427/2Months||Target : 530||Results Achieved (Yes/No) :|
UPL is an Indian multinational company operating in Pesticides/Agrochemicals sector.
UPL is a Large Cap company with a market capital of Rs 34301.82 Crore.
Mr. Jaidev Shroff is the Global CEO of the Group and Sameer Tandon is the Director for UPL in India. Promoters hold 27.9% stake in UPL, while foreign institutional investors hold 43.5%, mutual funds 4.1% and other public the balance.
UPL is engaged in the business of agrochemicals, industrial chemicals and chemical intermediates. Their agrochemicals segment consists of agrochemicals technical and formulations whereas industrial chemicals segment involvesindustrial chemicals and speciality chemicals.
Agrochemicals is their prime product, it has contributed Rs 8470.00Crore (97.80 % of Total Sales)to UPI’s sales value (for the year ending 31-Mar-2019).
Headquartered in Mumbai, Maharashtra, UPI has manufacturing units in India, France, the Netherlands, Argentina, the UK, Vietnam, Turkey, Brazil, the USA, China, Thailand, Italy, Australia, and Columbia.
In 2018, UPL acquired Arysta Life Science (Arysta) from Platform Specialty Products for USD 4.2 billion. Arysta owns about 800 domestic and foreign patents, and approximately 6,800 product registrations and the company have presence in over 100 countries globally.
70% of UPL’srevenue isgenerated from Latin America, Europe, and the US in fiscal 2020. UPL’s wider geographical reach reduces susceptibility to cyclicality in demand from any one region.
UPL has made several acquisitions and entered into strategic alliances to diversify product profile and increase geographical reach. With over 200 entities, group nowis one among the top 5 players in the global agrochemicals industry by fiscal 2020.
The company has a strong liquidity as cash and cash equivalents stands at Rs 6750 crore as on March 31, 2020 (Rs 2,829 crore as on March 31, 2019).
UPL has declared an equity dividend of 300.00% amounting to Rs 6 per share for the year ending on March 2020.
For the quarter ended 31-03-2020, the UPL reported a consolidated sale of Rs 11141.00 Crore, which up by 25.29 % from last quarter sales of Rs 8892.00 Crore and up by 30.69 % from last year same quarter sales of Rs 8525.00 Crore.
In quarterended March 31, 2020, UPLhas reported net profit of Rs Rs.617 crores.
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