Slide 1: Cover letter to stock exchanges
UPL Limited, Uniphos House, C.D. Marg, 11th Road, Madhu Park, Khar (West), Mumbai – 400052, India w: www.upl-ltd.com e: contact@upl-ltd.com t: +91 22 6856 8000 31st January, 2025 BSE Limited National Stock Exchange of India Ltd. Mumbai Mumbai SCRIP CODE – 512070 SYMBOL: UPL Sub.: Investor presentati
Slide 2: Q3 and 9MFY25 Investor Presentation
Q3 and 9MFY25 Investor Presentation 31 January 2025
Slide 3: Safe Harbor Statement
Safe Harbor Statement This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of UPL Limited (UPL) and certain of the plans and objectives of UPL with respect to these items. Examples of forward-looking statements include
Slide 4: Q3FY25 Performance Summary
Q3FY25 Performance Summary Continued Volume Growth, Positive Price Variance And Strong EBITDA ₹10,907 Cr +10% • Strong growth across platforms, driven by volume and positive pricing Volume: 9%, • Volume growth in Latin America and Europe Revenue Price: 5%, Fx: (4%) ₹4,476 Cr +66% • Margin accretion
Slide 5: UPL Ltd.
UPL Ltd. Q3 Profit-After-Tax Significantly Positive; Nine-month Revenue And EBITDA Growth In Line With FY Guidance (₹ Crore) Q3 FY25 Q3 FY24 YoY% 9M FY25 9M FY24 YoY% Q3 FY25 vs. Q3 FY24 Revenue 10,907 9,887 10% 31,064 29,020 7% Revenue variance EBITDA variance Contribution Profit 4,476 2,689 66% 12
Slide 6: UPL Corporation
UPL Corporation Strong Volumes, Better Product Mix Driven Margin Growth (₹ Crore) Q3 FY25 Q3 FY24 YoY% 9M FY25 9M FY24 YoY% Q3 FY25 performance Revenue 8,497 7,413 15% 22,313 20,684 8% • Volumes led by Latin America and Europe • Driven by fungicides (Brazil/ Evolution® and Europe/ Proxanil®), Contri
Slide 7: UPL Corporation: Good Growth Across Key Markets
UPL Corporation Good Growth Across Key Markets Q3FY24 Q3FY25 (₹ Crore) Latin America North America Europe Rest of World +12% +67% +23% -4% 4,380 3,894 1,717 1,647 1,379 827 858 1,053 • Brazil: robust vol., partly offset by fx • Strong in-season demand continues, • Led by fungicides vol. (e.g., Proxa
Slide 8: UPL SAS
UPL SAS Strong Revenue Growth Along With Working Capital Improvement (₹ Crore) Q3 FY25 Q3 FY24 QoQ% 9M FY25 9M FY24 YoY% Q3 FY25 performance • Revenue variance: V: 42%, P: 2% Revenue 535 371 44% 2,552 2,416 6% • Vol. led NPP growth, supported by selective post-emergent and steady rabi placement Cont
Slide 9: Advanta
Advanta Strong Revenue Growth Though Margin Under Pressure (₹ Crore) Q3 FY25 Q3 FY24 QoQ% 9M FY25 9M FY24 YoY% Q3 FY25 performance • Volume: + 4%, price: + 6 %, FX: + 1% Revenue 999 898 11% 3,095 3,029 2% • Led by grain sorghum (Argentina), sunflower (Argentina, Europe), corn (India) Contribution Pr
Slide 10: Advanta | Alpha Wave Global transaction summary
Advanta | Alpha Wave Global transaction summary Placement of 12.44% Equity Stake For US$ 350 million Key highlights Use of proceeds ▪ Alpha Wave Global will ▪Advance Advanta’s growth through organic/ inorganic invest US$ 350M to acquire Primary initiatives, capitalizing on its superior competitive p
Slide 11: Superform
Superform Marginal Revenue Increase, Contracted Margins Due To Mix In Nine Months (₹ Crore) Q3 FY25 Q3 FY24 QoQ% 9M FY25 9M FY24 YoY% Captive: ▪ Revenue growth led by demand recovery and phasing Revenue 2,852 1,854 54% 7,594 7,248 5% ▪ Contribution margin impacted due to phasing, unabsorbed cost ▪ O
Slide 12: Working Capital
Working Capital Significant Reduction Led By Improved Inventory Management And Tighter Credit Control (No. of Days) Dec, 23 Dec,24 155 140 133 118 111 109 109 107 Inventory Days Recievable Days Payable Days Net Working Capital Days Dec, 23 ₹17,491 Cr ₹16,629 Cr ₹14,781 Cr ₹19,339 Cr Dec, 24 ₹13,531
Slide 13: Net Debt at ~$3.02 Bn as of Dec'24
Net Debt at ~$3.02 Bn as of Dec’24 Significant Reduction In Gross Debt Driven By Better Working Capital Management Gross and net debt position: Dec,24 vs. Dec,23 and Mar,24 All figures are in US$ Mn and ₹ Crore1 Particulars Dec’24 Dec’23 yoy Mar’24 vs. Mar’24 $3,532 $4,347 ($815) $3,410 $123 Gross d
Slide 14: Annexure
ANNEXURE Presentation for Third Quarter ended 31st December 2024 13
Slide 15: Net Finance Cost
Net Finance Cost Breakdown Q3 FY25 and 9M FY25 Net Finance Cost Breakdown ₹ Crore Particulars Q3FY25 Q3FY24 Change 9MFY25 9MFY24 Change Interest on Borrowings 539 590 -51 1,631 1,505 126 Interest on Leases & Others 156 140 16 539 617 -79 Other Financial Charges 47 51 -4 147 120 27 NPV – Interest & F
Slide 16: Presentation for Third Quarter ended 31 st December 2024
Presentation for Third Quarter ended 31st December 2024 15