UPL Limited (UPL) — Financial Flexibility Index
UPL Limited (UPL) has a Financial Flexibility Index of -0.07x as of September 2025. Free cash flow of Rs-40.11 Billion (operating CF Rs-48.11 Billion minus capex Rs8.00 Billion) represents 0% of total liabilities (Rs536.81 Billion). Check UPL PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
UPL Limited Financial Flexibility Index (2005–2025)
Historical Financial Flexibility Index trend for UPL Limited across 21 annual periods. See UPL net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for UPL Limited (2005–2025)
Year-by-year free cash flow to debt coverage for UPL Limited. For the full company profile including market capitalisation, see UPL Limited (UPL) total market value.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.24x | Rs118.46 Billion | Rs101.51 Billion | Rs501.76 Billion | ▲ +334.3% |
| 2024 | 0.05x | Rs29.81 Billion | Rs18.22 Billion | Rs548.40 Billion | ▼ -71.4% |
| 2023 | 0.19x | Rs101.11 Billion | Rs77.51 Billion | Rs531.48 Billion | ▲ +10.6% |
| 2022 | 0.17x | Rs91.84 Billion | Rs64.96 Billion | Rs533.71 Billion | ▼ -15.5% |
| 2021 | 0.20x | Rs93.34 Billion | Rs72.12 Billion | Rs458.51 Billion | ▼ -9.8% |
| 2020 | 0.23x | Rs107.19 Billion | Rs87.39 Billion | Rs474.90 Billion | ▲ +158.6% |
| 2019 | 0.09x | Rs39.31 Billion | Rs23.56 Billion | Rs450.45 Billion | ▼ -71.6% |
| 2018 | 0.31x | Rs42.52 Billion | Rs28.39 Billion | Rs138.55 Billion | ▲ +3.4% |
| 2017 | 0.30x | Rs38.44 Billion | Rs25.85 Billion | Rs129.51 Billion | ▲ +25.4% |
| 2016 | 0.24x | Rs24.10 Billion | Rs13.96 Billion | Rs101.78 Billion | ▼ -11.7% |
| 2015 | 0.27x | Rs22.52 Billion | Rs14.09 Billion | Rs84.00 Billion | ▼ -1.2% |
| 2014 | 0.27x | Rs20.18 Billion | Rs14.41 Billion | Rs74.39 Billion | ▼ -5.5% |
| 2013 | 0.29x | Rs21.75 Billion | Rs16.99 Billion | Rs75.74 Billion | ▲ +591.1% |
| 2012 | 0.04x | Rs2.46 Billion | Rs-3.22 Billion | Rs59.30 Billion | ▼ -87.6% |
| 2011 | 0.34x | Rs15.26 Billion | Rs8.15 Billion | Rs45.38 Billion | ▼ -10.9% |
| 2010 | 0.38x | Rs14.93 Billion | Rs12.61 Billion | Rs39.59 Billion | ▲ +159.4% |
| 2009 | 0.15x | Rs5.52 Billion | Rs1.23 Billion | Rs37.94 Billion | ▲ +58.9% |
| 2008 | 0.09x | Rs2.77 Billion | Rs-738.00 Million | Rs30.27 Billion | ▼ -76.5% |
| 2007 | 0.39x | Rs12.79 Billion | Rs7.17 Billion | Rs32.84 Billion | ▲ +105.6% |
| 2006 | 0.19x | Rs3.99 Billion | Rs1.51 Billion | Rs21.05 Billion | ▼ -59.9% |
| 2005 | 0.47x | Rs5.65 Billion | Rs1.92 Billion | Rs11.96 Billion | — |