UPL Limited Financial Flexibility Index
UPL Limited 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). See UPL cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of UPL Limited (2005–2026)
Financial flexibility index of UPL Limited from 2005 to 2026. Historical Financial Flexibility Index trend for UPL Limited across 22 annual periods. Check UPL Limited (UPL) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
UPL Limited Financial Flexibility Index by Year (2005–2026)
UPL Limited financial flexibility index by year from 2005 to 2026. Year-by-year free cash flow to debt coverage for UPL Limited. For the full cash flow conversion analysis, see UPL Limited (UPL) cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.14x | Rs74.29 Billion | Rs57.63 Billion | Rs539.36 Billion | ▼ -41.7% |
| 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 | — |