PI Industries [PIIND] vs UPL [UPLPP] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: PI Industries Ltd. wins in 9 metrics, UPL Ltd. wins in 11 metrics, with 0 ties. UPL Ltd. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric PI Industries Ltd. UPL Ltd. Better
P/E Ratio (TTM) 31.92 3.00 UPL Ltd.
Price-to-Book Ratio 4.28 1.63 UPL Ltd.
Debt-to-Equity Ratio 2.24 105.06 PI Industries Ltd.
PEG Ratio -1.94 -0.05 UPL Ltd.
EV/EBITDA 23.84 13.32 UPL Ltd.
Profit Margin (TTM) 20.92% 0.09% PI Industries Ltd.
Operating Margin (TTM) 14.31% 13.51% PI Industries Ltd.
EBITDA Margin (TTM) 14.31% 13.51% PI Industries Ltd.
Return on Equity 16.35% 2.01% PI Industries Ltd.
Return on Assets (TTM) 13.52% 0.86% PI Industries Ltd.
Free Cash Flow (TTM) $5.63B $84.56B UPL Ltd.
Dividend Yield 0.48% 0.69% UPL Ltd.
1-Year Return -28.47% 104.96% UPL Ltd.
Price-to-Sales Ratio (TTM) 6.69 1.38 UPL Ltd.
Enterprise Value $421.66B $724.61B UPL Ltd.
EV/Revenue Ratio 6.08 1.61 UPL Ltd.
Gross Profit Margin (TTM) 59.01% 54.76% PI Industries Ltd.
Revenue per Share (TTM) $457 $570 UPL Ltd.
Earnings per Share (Diluted) $95.78 $-0.74 PI Industries Ltd.
Beta (Stock Volatility) 0.43 0.83 PI Industries Ltd.

PI Industries Ltd. vs UPL Ltd. Stock Performance Analysis

Loading Price Chart...

Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
PI Industries Ltd.-0.25%5.73%-9.00%-1.92%-12.66%-11.95%
UPL Ltd.0.00%0.00%0.00%16.46%24.26%24.26%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
PI Industries Ltd.-28.47%-27.22%-0.40%318.33%3,761.01%3,761.01%
UPL Ltd.104.96%104.96%104.96%104.96%104.96%104.96%

Performance & Financial Health Analysis: PI Industries Ltd. vs UPL Ltd.

MetricPIINDUPLPP
Market Information
Market Cap i₹465.67B₹620.31B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i304,2671,096
90 Day Avg. Volume i268,604441
Last Close₹2,834.50₹516.50
52 Week Range₹2,657.20 - ₹4,330.00₹216.20 - ₹563.85
% from 52W High-34.54%-8.40%
All-Time High₹4,804.05 (Sep 16, 2024)₹563.85 (Jul 30, 2025)
% from All-Time High-41.00%-8.40%
Growth Metrics
Quarterly Revenue Growth-0.28%0.10%
Quarterly Earnings Growth-0.17%0.02%
Financial Health
Profit Margin (TTM) i0.21%0.00%
Operating Margin (TTM) i0.14%0.14%
Return on Equity (TTM) i0.16%0.02%
Debt to Equity (MRQ) i2.24105.06
Cash & Liquidity
Book Value per Share (MRQ)₹713.68₹318.92
Cash per Share (MRQ)₹257.83₹51.99
Operating Cash Flow (TTM) i₹15.78B₹70.93B
Levered Free Cash Flow (TTM) i₹16.60B₹7.59B
Dividends
Last 12-Month Dividend Yield i0.48%0.69%
Last 12-Month Dividend i₹15.00₹3.00

Valuation & Enterprise Metrics Analysis: PI Industries Ltd. vs UPL Ltd.

MetricPIIND (Apr 24, 2026)UPLPP (Sep 14, 2025)
Price Ratios
P/E Ratio (TTM) i31.923.00
Forward P/E i30.72N/A
PEG Ratio i-1.94-0.05
Price to Sales (TTM) i6.691.38
Price to Book (MRQ) i4.281.63
Market Capitalization
Market Capitalization i₹465.67B₹620.31B
Enterprise Value i₹421.66B₹724.61B
Enterprise Value Metrics
Enterprise to Revenue i6.081.61
Enterprise to EBITDA i23.8413.32
Risk & Other Metrics
Beta i0.430.83
Book Value per Share (MRQ) i₹713.68₹318.92

Financial Statements Comparison: PI Industries Ltd. vs UPL Ltd.

Financial Metrics

Loading Financial Charts...

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricPIIND (2025)UPLPP (2025)
Revenue/Sales i79.03B462.62B
Cost of Goods Sold i38.08B245.26B
COGS % of Revenue i48.2%53.0%
Gross Profit i40.95B217.36B
Gross Margin i51.8%47.0%
Research & Development iN/A1.08B
Operating Income (EBIT) i19.09B56.20B
Operating Margin i24.2%12.1%
EBITDA i25.18B74.08B
EBITDA Margin i31.9%16.0%
Pre-Tax Income i21.42B8.29B
Pre-Tax Income % of Revenue i27.1%1.8%
Income Tax i4.82B90.00M
Income Tax % of Revenue i6.1%0.0%
Net Income (Profit) i16.60B8.20B
Profit Margin i21.0%1.8%

Balance Sheet & Liquidity Metrics

MetricPIIND (2025)UPLPP (2025)
Cash & Equivalents i5.92B94.78B
Total Current Assets i69.52B396.61B
Total Current Assets % of Revenue i88.0%85.7%
Total Current Liabilities i17.28B285.69B
Total Current Liabilities % of Revenue i21.9%61.8%
Long-Term Debt i1.24B192.56B
Long-Term Debt % of Revenue i1.6%41.6%
Total Shareholders Equity i101.57B378.26B
Retained Earnings i76.42B208.68B
Retained Earnings % of Revenue i96.7%45.1%
Property, Plant & Equipment i33.18B94.31B

Cash Flow Statement Comparison

MetricPIIND (2025)UPLPP (2025)
Operating Cash Flow i15.78B70.93B
Operating Cash Flow % of Revenue i20.0%15.3%
Capital Expenditures i-8.38B-3.73B
Free Cash Flow i5.63B84.56B
FCF Margin i7.1%18.3%
Debt Repayment i-341.00M-21.37B
Common Stock Repurchase iN/AN/A

Short Interest & Institutional Ownership Analysis

MetricPIINDUPLPP
Shares Short iN/AN/A
Short Ratio iN/AN/A
Short % of Float iN/AN/A
Shares Outstanding i151.70M844.43M
Float Shares i80.95M563.84M
% Held by Insiders i46.52%0.00%
% Held by Institutions i40.03%17.49%
% Held by Public i13.45%82.51%

Dividend Analysis & Yield Comparison: PI Industries Ltd. vs UPL Ltd.

MetricPIINDUPLPP
Last 12-Month Dividend i₹15.00₹3.00
Last 12-Month Dividend Yield i0.48%0.69%
3-Year Avg Annual Dividend i₹15.67₹1.00
3-Year Avg Dividend Yield i0.18%0.69%
3-Year Total Dividends i₹47.00₹3.00
Ex-Dividend DateFeb 23, 2026Jul 11, 2025