UPL Limited (UPL) — Free Cash Flow Generation Index
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). Explore UPL capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
UPL Limited Free Cash Flow Generation Index (2005–2026)
Historical FCF Generation Index trend for UPL Limited across 20 annual periods. For the full cash flow conversion analysis, see cash flow conversion of UPL Limited.
Annual Free Cash Flow Generation for UPL Limited (2005–2026)
Year-by-year Free Cash Flow Generation Index for UPL Limited. Check UPL Limited total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.71x | Rs40.97 Billion | Rs57.63 Billion | Rs16.66 Billion | ▼ -14.7% |
| 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 | — |