UPL’s profitability glitters in Q4FY16

UPL has declared its Q4FY16 results on April 29. The company’s revenue has increased by 17.74 per cent to Rs 4340 crore in Q4FY16 as compared to same period in previous fiscal year. Its EBITDA also has risen by 25.01 per cent to Rs 981 crore in Q4FY16 on a yearly basis. UPL’s EBITDA margin has expanded by 95 basis points to 22.61 per cent in Q4FY16 as compared to same period in previous financial year. The company’s net profit also has increased by 25.44 per cent to Rs 552 crore in Q4FY16 on a yearly basis. Its net profit margin has expanded by 58 basis points to 12.72 per cent in Q4FY16 as compared to same period in previous fiscal year.

On a yearly basis, UPL’s top line has increased by 10.02 per cent to Rs 13302 crore in FY16. The company’s EBITDA has also risen by 14.97 per cent to Rs 2716 crore in FY16 on a yearly basis. Its EBITDA margin has expanded by 88 basis points to 20.42 per cent in FY16 as compared to previous financial year. UPL’s net profit has increased by 13.53 per cent to 1299 crore in FY16 on a yearly basis. The company’s net profit margin has expanded by 30 basis points to 9.73 per cent in FY16 as compared to same period in previous financial year.

On segmental revenue front, UPL earned 94.66 per cent from Agro Activities segment; and remaining 5.34 per cent from Non Agro Activities segment during FY16.

The share price of UPL has increased by 1.7 per cent on bourses in early trades; and is trading at Rs 546.85 on an intraday basis.

UPL is engaged in the business of manufacturing and marketing crop protection chemicals. It is also engaged in offering crop protection solutions. It manufactures crop protection chemicals and industrial chemicals across around 28 manufacturing locations across the world. UPL operates through two business segments viz. Agro activity and Non-agro activity. It operates through around 76 global subsidiaries in the agrochemical space.