NSE:UPL management interview: UPL Ltd Q4 Performance Explained | Anil Singhvi with Bikash Prasad
Zee Business, 2026-05-12. Video: https://www.youtube.com/watch?v=Nspk1IzRe14
- Q4 financial results: Revenue rose 18% and net profit grew 18%, while adjusted EBITDA growth reached approximately 23% with a 22% margin after accounting for a ₹350 crore precautionary provision.
- Full-year performance: The company beat its full-year guidance by delivering 11% revenue growth against a 4% to 8% target and 18% EBITDA growth compared to its revised 12% to 16% guidance.
- Debt reduction: Gross debt decreased 40% from $3.8 billion to $2.3 billion, while net debt dropped 48% to $1.6 billion on a $6 billion balance sheet, closing the gearing ratio below 1.6 times.
- Q1 FY guidance: Due to Middle East conflict uncertainties and potential supply and cost inflation risks, full-year guidance was withheld, while Q1 guidance was set at 10% to 14% revenue growth and 14% to 18% EBITDA growth.