Leading Indian agrochemical enterprise UPL Ltd. (formerly known as United Phosphorus Ltd) has a presence throughout the world. The business has grown through time to become a significant player in the sector, providing farmers all over the world with a variety of seeds and crop protection options. Since UPL is a publicly traded firm, both investors and market experts have been interested in its share price. In this article, we will examine the share price performance of UPL in more detail and make an attempt to predict its course from 2023 to 2030. In order to give investors a better picture of the company’s future prospects, we will study a number of variables that could have an impact on the share price of UPL, including its financial performance, market trends, and regulatory environment.
Investors are always on the lookout for profitable opportunities, and choosing the right stock to invest in can be a daunting task. UPL Ltd. has recently piqued the interest of investors, thanks to its impressive track record and promising future prospects.
In this article, we will delve into UPL Ltd.’s share price target from 2023 to 2030 and evaluate whether it presents a compelling investment opportunity. So, if you’re interested in learning more about this company and its growth potential, read on.
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HOW TO BUY UPL SHARES?
Here is a list of trading platforms through which you can buy shares of UPL Ltd:
UPL IN RECENT NEWS
- UPL’s debt reduction targets have limited visibility.
- UPL’s first-quarter results reveal an 81% year-on-year drop in PAT to Rs 166 crore, accompanied by a significant reduction in its FY24 guidance.
- UPL is set to prioritize its core activities in agrochemical and seed manufacturing while also aiming to leverage and capitalize on the growth opportunities within its specialty chemicals division to unlock value.
- UPL’s Q1 results indicate a substantial 81% year-on-year decline in Profit After Tax (PAT), totaling Rs 166 crore. Furthermore, the company has significantly lowered its fiscal year 2024 guidance.
- UPL announces a dividend payout of 500% as approved by the Board.
UPL SHARE PRICE TARGET 2023
|UPL SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
The maximum price predicted for December 2023 is₹652.80 , which represents a growth percentage of around 132% from the minimum price predicted for September 2023. This indicates a strong potential for growth in UPL’s share price over the course of the year. While the market is always subject to volatility and unforeseen events can impact share prices, the predicted values suggest that UPL could be a promising investment opportunity for investors looking for exposure to the agrochemical industry.
UPL SHARE PRICE TARGET 2024
|UPL SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
Looking ahead to 2024, UPL’s share price is predicted to continue its upward trajectory. The maximum price predicted for December 2024 is₹848.42 , which represents a significant growth percentage of approximately 130% from the minimum price predicted for January 2024. While the minimum and maximum share price targets for 2024 are subject to change due to various market factors, the predicted values suggest that UPL’s growth potential is set to continue into the next year. Investors interested in the agrochemical industry may want to keep an eye on UPL’s share price performance in 2024, as it could present a promising investment opportunity.
UPL SHARE PRICE TARGET 2025
|UPL SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
Looking ahead to 2025, UPL’s share price is predicted to continue its bullish trend. The maximum price predicted for December 2025 is₹1,029.15 , which represents a growth percentage of approximately 30% from the minimum price predicted for January 2025. Similarly, the minimum and maximum share price targets for 2025 are subject to change due to market factors such as global economic conditions, geopolitical risks, and regulatory changes. Nonetheless, the predicted values suggest that UPL’s growth potential could continue into 2025. Investors interested in the agrochemical industry may want to monitor UPL’s share price performance throughout the year to capitalize on potential investment opportunities.
UPL SHARE PRICE TARGET 2026 TO 2030
|UPL SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
Looking ahead to the future, the UPL share price forecast for 2026 to 2030 suggests a strong bullish trend. The year 2026 is projected to see a maximum price of ₹720.41 and a minimum price of ₹504.28. In 2027, the maximum price is expected to be ₹612.34 and the minimum price to be ₹428.64. The year 2028 is projected to see a significant uptrend, with a maximum price of ₹1,102.22 and a minimum price of₹771.55 . The bullish trend is expected to continue in 2029, with a maximum price of ₹2,264.13 and a minimum price of ₹1,584.89. Finally, 2030 is projected to see a maximum price of ₹2,521.42 and a minimum price of ₹1,764.99. These predictions suggest that UPL’s growth will continue to accelerate in the coming years, making it an attractive investment opportunity for investors looking for long-term growth potential.
FINANCIAL STRENGTH OF UPL (2019 TO 2023)
|Operating Profit(Rs crore)||3,813||6,772||8,352||9,529||10,196|
|Other Income(Rs crore)||-197||-515||62||91||464|
|Profit before tax(Rs crore)||1,773||2,764||4,181||4,966||5,150|
|Net Profit(Rs crore)||1,575||2,178||3,495||4,437||4,414|
|EPS in Rs||19.52||23.24||37.58||47.46||47.56|
Over the past five years, UPL Ltd. has showcased a commendable trajectory of financial growth and resilience. Its sales figures have seen remarkable expansion, soaring from Rs 21,837 crore in 2019 to an impressive Rs 53,576 crore in 2023. This substantial revenue growth is accompanied by a consistent operating profit margin, which has remained above 19% throughout this period. Notably, UPL Ltd. has effectively managed its tax liabilities, maintaining a relatively low tax rate, which stood at 14% in 2023. This tax efficiency has played a pivotal role in bolstering the company’s net profit, which reached Rs 4,414 crore in the same year. The growth story is further reinforced by the rising earnings per share (EPS), which climbed from Rs 19.52 in 2019 to an impressive Rs 47.56 in 2023. In the face of economic fluctuations, UPL Ltd. has consistently delivered robust financial results, solidifying its appeal as a compelling investment opportunity for discerning investors.
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POINTS TO KEEP IN MIND WHILE INVESTING IN UPL SHARES:
- The company consistently maintains a robust dividend payout ratio of 22.9%.
- Over the past decade, the company has achieved a median sales growth rate of 16.1%.
- The company appears to have a relatively low tax rate.
UPL SHARE PRICE TARGET BY EXPERTS:
- Prabhudas Lilladher recommends a buy rating for UPL Ltd., with a target price of Rs850.(31 August,2023)
- JM Financial also suggests a buy rating for UPL Ltd., with a target price of Rs965.(13 August,2023)
The maximum share price target of UPL in 2026 is Rs. 720.41
The maximum share price target of UPL in 2027 is Rs. 612.34
The maximum share price target of UPL in 2028 is Rs. 1,102.22
The maximum share price target of UPL in 2029 is Rs.2,264.13
The maximum share price target of UPL in 2030 is Rs. 2,521.42
CONCLUSION: UPL LTD
The company has exhibited consistent increase in both revenue and profit over the past five years, according to a study of UPL’s financial statements. Every year, the company’s total sales and profit after tax (PAT) have increased by a positive percentage. Moreover, UPL has been successful in keeping both its operating profit margins and net profit margins stable, which shows effective spending control.
In light of these elements, it would seem that UPL has a solid track record for financial performance. There are always hazards involved with investment decisions, though. Before making any investment selections, investors should consider additional elements such market conditions, competition, and regulatory changes. Investors are therefore advised to exercise thorough diligence.
UPL Ltd. has maintained an impressive track record of financial performance over the past five years, marked by consistent growth in both sales and profitability. Experts view the company as an attractive investment opportunity, citing its continuous revenue expansion, healthy profit margins, and favorable tax rate as key factors. Furthermore, the steadily increasing earnings per share (EPS) reinforces the positive expert outlook on UPL Ltd., making it an appealing choice for investors seeking long-term growth and stability. This collective assessment underscores the company’s potential as a compelling addition to investment portfolios.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.