UPL Limited (UPL) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.128x

Based on the latest financial reports, UPL Limited (UPL) has a cash flow conversion efficiency ratio of -0.128x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs-48.11 Billion ≈ $-520.29 Million USD) by net assets (Rs377.10 Billion ≈ $4.08 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market cap of UPL Limited for the company's overall valuation and market capitalisation.

UPL Limited - Cash Flow Conversion Efficiency Trend (2005–2026)

This chart illustrates how UPL Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

UPL Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of UPL Limited ranked by their cash flow conversion efficiency. Explore UPL cash flow quality score to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
APT Medical Inc SHG:688617	0.098x
Challenger Ltd AU:CGF	0.255x
Parkland Fuel Corporation TO:PKI	0.158x
Compagnie Generale des Etablissements Michelin SCA LSE:0OFM	0.069x
EPAM Systems Inc NYSE:EPAM	-0.001x
Sulzer AG SW:SUN	0.043x
Definium Therapeutics, Inc. NASDAQ:DFTX	-0.104x
CHINA TOWER UNSP.ADR/100 F:2Y10	N/A

Annual Cash Flow Conversion Efficiency for UPL Limited (2005–2026)

The table below shows the annual cash flow conversion efficiency of UPL Limited from 2005 to 2026. View UPL stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs412.69 Billion ≈ $4.46 Billion	Rs57.63 Billion ≈ $623.25 Million	0.140x	-47.96%
2025-03-31	Rs378.26 Billion ≈ $4.09 Billion	Rs101.51 Billion ≈ $1.10 Billion	0.268x	+381.72%
2024-03-31	Rs327.06 Billion ≈ $3.54 Billion	Rs18.22 Billion ≈ $197.04 Million	0.056x	-74.54%
2023-03-31	Rs354.29 Billion ≈ $3.83 Billion	Rs77.51 Billion ≈ $838.24 Million	0.219x	-1.30%
2022-03-31	Rs293.08 Billion ≈ $3.17 Billion	Rs64.96 Billion ≈ $702.52 Million	0.222x	-24.46%
2021-03-31	Rs245.80 Billion ≈ $2.66 Billion	Rs72.12 Billion ≈ $779.95 Million	0.293x	-24.14%
2020-03-31	Rs225.93 Billion ≈ $2.44 Billion	Rs87.39 Billion ≈ $945.09 Million	0.387x	+195.57%
2019-03-31	Rs180.03 Billion ≈ $1.95 Billion	Rs23.56 Billion ≈ $254.79 Million	0.131x	-57.65%
2018-03-31	Rs91.88 Billion ≈ $993.65 Million	Rs28.39 Billion ≈ $307.03 Million	0.309x	-11.19%
2017-03-31	Rs74.30 Billion ≈ $803.53 Million	Rs25.85 Billion ≈ $279.56 Million	0.348x	+70.29%
2016-03-31	Rs68.33 Billion ≈ $738.97 Million	Rs13.96 Billion ≈ $150.97 Million	0.204x	-14.38%
2015-03-31	Rs59.05 Billion ≈ $638.57 Million	Rs14.09 Billion ≈ $152.38 Million	0.239x	-10.24%
2014-03-31	Rs54.19 Billion ≈ $586.10 Million	Rs14.41 Billion ≈ $155.82 Million	0.266x	-23.66%
2013-03-31	Rs48.79 Billion ≈ $527.69 Million	Rs16.99 Billion ≈ $183.77 Million	0.348x	+577.77%
2012-03-31	Rs44.23 Billion ≈ $478.33 Million	Rs-3.22 Billion ≈ $-34.87 Million	-0.073x	-133.49%
2011-03-31	Rs37.44 Billion ≈ $404.90 Million	Rs8.15 Billion ≈ $88.12 Million	0.218x	-48.14%
2010-03-31	Rs30.06 Billion ≈ $325.07 Million	Rs12.61 Billion ≈ $136.42 Million	0.420x	+817.56%
2009-03-31	Rs26.82 Billion ≈ $290.10 Million	Rs1.23 Billion ≈ $13.27 Million	0.046x	+239.07%
2008-03-31	Rs22.44 Billion ≈ $242.67 Million	Rs-738.00 Million ≈ $-7.98 Million	-0.033x	-106.88%
2007-03-31	Rs15.00 Billion ≈ $162.25 Million	Rs7.17 Billion ≈ $77.58 Million	0.478x	+303.72%
2006-03-31	Rs12.78 Billion ≈ $138.16 Million	Rs1.51 Billion ≈ $16.36 Million	0.118x	-51.04%
2005-03-31	Rs7.93 Billion ≈ $85.75 Million	Rs1.92 Billion ≈ $20.74 Million	0.242x	--

About UPL Limited

NSE:UPL India Agricultural Inputs

Market Cap

$5.03 Billion

Rs464.80 Billion INR

Market Cap Rank

#3560 Global

#158 in India

Share Price

Rs550.60

Change (1 day)

-1.82%

52-Week Range

Rs550.60 - Rs805.35

All Time High

Rs816.77