UPL Q3FY20 earnings: Here's what you can expect?
The margins are expected to increase on a quarter-on-quarter (QoQ). They are expected to come in at 21.2 percent YoY basis. Profits are expected at Rs 660 crore.
UPL will be reporting its Q3FY20 numbers today. Analysts expect a good operational performance.
On a year-on-year (YoY) basis, numbers may look elevated because of the integration the Arysta acquisition. The street is watching out for Rs 9,364 crore in terms of revenues and Rs 1,919 crore for EBITDA.
The margins are expected to increase on a quarter-on-quarter (QoQ). They are expected to come in at 21.2 percent YoY basis. Profits are expected at Rs 660 crore.
Growth will be largely led by the Indian and the Latin American markets where the growth is expected to be around 15 percent. On the flip side, the North American markets and the European markets – because of the harsh weather conditions – are expected to dent profitability this time around.
The street is also watching out for management’s guidance because they had guided for 8-10 percent revenue growth, 16-20 percent EBITDA growth, a debt reduction guidance of around Rs 3,100 crore. So whether they stick to that guidance or not is something that the street is closely watching out for.
First Published: Feb 7, 2020 11:59 AM IST
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