Headquartered in Mumbai, Maharashtra ,"UPL Limited " (formerly known as United Phosphorus Limited) is in the business of global generic crop protection, chemicals and seeds. The combined market cap of its group companies viz, UPL, Advanta and UEL is approx USD 2.5 billion. The revenue growth for the company has been at a CAGR of 26% over the last 5 years.
Taking advantage of the consolidation opportunities within the agrochemical industry, UPL has managed a fantastic growth with implementation of successful backward and forward integration. A dedicated in house team at UPL looks into integrating the acquired companies which is as challenging as acquiring companies.
Products :
UPL is the largest producer in India of crop protection products along with the following
- Fumigants
- Fungicides
- Insecticides
- Rodenticides
- Herbicide
- Agro Chemicals
- Industrial & Speciality Chemicals
- Nutrifeed
- QuickPhos
- Seeds
- Riceco
UPL's quality control (QC) approach is based on the clear target of "Zero Defect". Each and every stage of production ranging from raw material procurement, product manufacturing to post-production are closely monitored .To maintain and improve high standard of environmental care the company has made substantial investment.
Catering to the specific needs of the changing market UPL introduces new products virtually every year. UPL offers 'total crop protection' with a comprehensive product range and a sales support operation in every continent. UPL has developed more than 100 insecticides, fungicides, herbicides, fumigants and rodenticides for every stage of the growing cycle:
Group Companies:
- UPI-USA
- Advanta
- RiceCo
- UPL Brazil
- United Phosphorus De Colombia Ltd
- Evofarms
- Decco
- Cequisa
- UELOnline
- UCPL
- AgriChem
Highlights
The company declared its quarterly results on 29th April 2016 posting decent Q4FY16 results.
- Net Sales increased by 40% QoQ (429223 vs 3050290 - Rs. In lacs)
- Income from Operations increased by 40% QoQ (433972 vs 309634 - Rs. In lacs)
- From February 2016 low of 367.25 the stock made a high of 542 in a short time span of about a month.
- The whopping return of 47% in a month depicts its structural bull run. The chart structure on the monthly chart is still in the cycle of higher.
- highs and higher lows, indicating its structural bull run is intact and resumption of rally towards life time highs in the coming quarters is possible.
- On the day of writing this report (i.e 2nd May 2016 ) the stock has made a 52 Week high of 595.70 breaking its all time high of 576.50.
- The volume on the charts is also above average suggesting further more strength on the upside.
- EPS has nearly doubled in Q4FY16 on QoQ basis 12.88 vs 6.69
- PAT has shown good growth at 59544 vs 30929 (Rs. In lacs) thus showing an increase of 92%
The Weekly Chart of UPL shows the stock breaking its 52 week high of 576.50 and making new 52 week high of 595.70 on 2nd May 2016.
Considering the above data facts of UPL, one can buy the stock with an upside target of 650 with a stop of 505 for short to medium term.
Dynamic Levels recommends UPL as one of our Multibagger Stocks.
To get more Support and Resistance levels of the share please visit UPL Share Price Forecast.
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