UPL Limited (UPL) — Free Cash Flow Generation Index
Latest as of March 2025:
1.17x
UPL Limited (UPL) has a Free Cash Flow Generation Index of 1.17x as of March 2025. Free cash flow of Rs118.46 Billion represents 1% of operating cash flow (Rs101.51 Billion). Read total liabilities of UPL Limited for a breakdown of total debt and financial obligations.
FCF Generation Index
1.17x
Free Cash Flow / Operating CF
Free Cash Flow
Rs118.46 Billion
INR
Operating Cash Flow
Rs101.51 Billion
INR
Capital Expenditures
Rs16.95 Billion
INR
UPL Limited Free Cash Flow Generation Index (2005–2025)
Historical FCF Generation Index trend for UPL Limited across 19 annual periods. Explore UPL Limited capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for UPL Limited (2005–2025)
Year-by-year Free Cash Flow Generation Index for UPL Limited. For the full company profile including market capitalisation, see UPL company net worth.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.83x | Rs84.56 Billion | Rs101.51 Billion | Rs16.95 Billion | ▲ +163.4% |
| 2024 | -1.31x | Rs-23.94 Billion | Rs18.22 Billion | Rs11.59 Billion | ▼ -288.9% |
| 2023 | 0.70x | Rs53.91 Billion | Rs77.51 Billion | Rs23.60 Billion | ▲ +18.6% |
| 2022 | 0.59x | Rs38.08 Billion | Rs64.96 Billion | Rs26.88 Billion | ▼ -16.9% |
| 2021 | 0.71x | Rs50.90 Billion | Rs72.12 Billion | Rs21.22 Billion | ▼ -8.7% |
| 2020 | 0.77x | Rs67.59 Billion | Rs87.39 Billion | Rs19.80 Billion | ▲ +133.3% |
| 2019 | 0.33x | Rs7.81 Billion | Rs23.56 Billion | Rs15.75 Billion | ▼ -34.0% |
| 2018 | 0.50x | Rs14.26 Billion | Rs28.39 Billion | Rs14.13 Billion | ▼ -2.1% |
| 2017 | 0.51x | Rs13.26 Billion | Rs25.85 Billion | Rs12.59 Billion | ▲ +87.5% |
| 2016 | 0.27x | Rs3.82 Billion | Rs13.96 Billion | Rs10.14 Billion | ▼ -31.8% |
| 2015 | 0.40x | Rs5.66 Billion | Rs14.09 Billion | Rs8.43 Billion | ▼ -33.0% |
| 2014 | 0.60x | Rs8.63 Billion | Rs14.41 Billion | Rs5.77 Billion | ▼ -16.7% |
| 2013 | 0.72x | Rs12.23 Billion | Rs16.99 Billion | Rs4.76 Billion | ▲ +463.6% |
| 2011 | 0.13x | Rs1.04 Billion | Rs8.15 Billion | Rs7.11 Billion | ▼ -84.4% |
| 2010 | 0.82x | Rs10.30 Billion | Rs12.61 Billion | Rs2.31 Billion | ▲ +132.7% |
| 2009 | -2.50x | Rs-3.06 Billion | Rs1.23 Billion | Rs4.29 Billion | ▼ -1251.6% |
| 2007 | 0.22x | Rs1.55 Billion | Rs7.17 Billion | Rs5.62 Billion | ▲ +134.1% |
| 2006 | -0.64x | Rs-962.30 Million | Rs1.51 Billion | Rs2.48 Billion | ▲ +32.6% |
| 2005 | -0.94x | Rs-1.81 Billion | Rs1.92 Billion | Rs3.73 Billion | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).