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UPL Q4 Results: Revenue for Q4 FY 24 is 14,078 Cr Rs which is a 15% Decrease for Q4 FY23

UPL Q4 Results were released on May 13th and its Q4 report showed EBITDA is 1,933 Cr Rs which is a 36% change compared with previous quarter.

by Damodharan N

Updated May 22, 2024

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UPL Q4 Results: Revenue for Q4 FY 24 is 14,078 Cr Rs which is a 15% Decrease for Q4 FY23

UPL 

UPl is a global agricultural product with annual revenue 6 billion $. The company is working towards sustainable agriculture offering post-harvest plans and improved working towards integrating portfolios with the food value chain and seeds.

The company is operating in 130 countries. The company is also giving solutions to biologicals and traditional crop protection. The company has 14,000 registrations for solutions to traditional crop protection.  

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UPL Q4 Results

UPL released its Q4 Report on May 13th, 2024. In its Q4 press release the company had done well with overall revenue for Q4 FY 24 is 14,078 Cr Rs which is 15% decrease when compared with the previous Quarter of the same year.

This decrease is due to Post patent market prices which led to short fall in revenue but the company volume-wise trade is equal to last year the company stated in its report.  The company CEO Mike Frank commenting on the report said that improved financial results in Q4 versus the two preceding quarters show strong fundamentals even after volatile market prices.

he also said the company's recent launches like Evolution, Feroce and Shenzi have done fairly well. Advanta the global seed platform of the company also did well and the company expects better AGChem markets to return to normalcy. 

Metric

Q4 FY24

Q4 FY23

YoY Change

Revenue

14,078

16,569

-15%

Contribution Profit

4,142

5,703

-27%

Contribution Margin (%)

29.4%

34.4%

-500 bps

EBITDA

1,933

3,033

-36%

EBITDA Margin (%)

13.7%

18.3%

-458 bps

Net Profit*

40

792

-95%

*Note: Net Profit attributable to equity shareholders of the company

For international markets, the company has also done well with an increase in volumes in the North American market compared with the previous quarter of the same year.  

Region

Q4 FY24

Q4 FY23

YoY % Chg.

Latin America

4,970

6,444

(23%)

Europe

3,080

2,799

10%

Rest of the World

3,301

2,729

21%

North America

1,525

3,009

(49%)

India

1,202

1,588

(24%)

Total

14,078

16,569

(15%)

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UPL Q3 Results

The company released its report on Feb 2nd 2024 the company had suffered losses due to the destocking issue across the industry.  And on top of which the post-patent pricing also affected Q3 revenue and EBITDA here are full numbers for Q3

Metric

Q3 FY24

Q3 FY23

YoY Change

Revenue

9,887

13,679

(28%)

Contribution Profit

2,689

5,831

(54%)

Contribution Margin (%)

27.2%

42.6%

(1540 bps)

EBITDA

416

3,035

(86%)

EBITDA Margin (%)

4.2%

22.2%

(1800 bps)

Net Profit*

-1,217

1,087

-


 
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UPL 2024 Dividends 

UPl is giving annual dividends for years and the company has been consistent with 10 rs for each financial year for last year and the Ex-date for last year is 3rd August. With a dividend amount of 10 rs for a face value of Rs.2.00 per share. 

Purpose

Rs.

Ex-date

Book Closure/Record Date

Final Dividend

10.00

03 Aug 2023

BC 04/08/2023 - 18/08/2023

Final Dividend

10.00

27 Jul 2022

BC 29/07/2022 - 12/08/2022

Final Dividend

10.00

14 Jul 2021

BC 16/07/2021 - 04/08/2021

Dividend

6.00

19 Aug 2020

BC 21/08/2020 - 31/08/2020

UPL Share Price Today 

UPl share price today started with the price of 515 rs for the morning price and the mid-day price of 521 Rs. The company during the Q4 Results its stock price decreased from 534Rs to 510 Rs and its price never rose for a week and has been hovering in that range 

Metric

Value

Previous Close

511.90

Open

512.25

High

521.90

Low

510.35

VWAP

516.12

52 Wk High

698.85

52 Wk Low

448.00


1. What was UPL's revenue for Q4 FY24?

UPL's revenue for Q4 FY24₹14,078 crore

2. How did UPL's net profit change in Q4 FY24 compared to Q4 FY23?

UPL's net profit change in Q4 FY24 compared to Q4 FY23? Decreased by 95% attributable to shareholders. 

3. What is the dividend amount UPL has consistently given per share in recent years?

 the dividend amount UPL is ₹10 per share

4. What were the main reasons for the revenue decrease in Q4 FY24?

 The main reasons for the revenue decrease post-patent market prices and destocking issues

5. What is UPL's 52-week high share price?

The UPL's 52-week high share price is₹698.85

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