UPLLSE:UPLL 81 Pretax Margin % is 10.32% as of Mar. 2026, which is 15% above its 10-year median of 8.95. GuruFocus rates LSE:UPLL with a GF Score™ of 81/100 and a GF Value™ of $16.13 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 251 Agriculture companies, UPL ranks worse than 50.6% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. UPL's Pre-Tax Income for the
three
months ended in Mar. 2026 was $204 Mil. UPL's Revenue for the
three
months ended in Mar. 2026 was $1,975 Mil. Therefore, UPL's pretax margin for the quarter that ended in Mar. 2026 was 10.32%.
The historical rank and industry rank for UPL's Pretax Margin % or its related term are showing as below:
LSE:UPLL'
s Pretax Margin % Range Over the Past 10 Years
Min: -4.9 Med: 8.95 Max: 13.45
Current: 6.09
LSE:UPLL's Pretax Margin % is ranked worse than 50.6% of 251
companies
in the Agriculture industry
Industry Median: 6.24
vs LSE:UPLL: 6.09
UPL (LSE:UPLL) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
UPL Pretax Margin % Related Terms
UPL Pretax Margin % Historical Data
* Premium members only.
The historical data trend for UPL's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Agricultural Inputs subindustry, UPL's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
UPL Pretax Margin % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, UPL's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where UPL's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
UPL (LSE:UPLL) has a Pretax Margin % of 10.32% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on UPL and its competitors. This is 15% above median its historical median of 8.95. According to the industry distribution chart, UPL ranks #127 out of 251 companies in the Agriculture industry, placing it in the top 50.6%.
Is UPL's Pretax Margin % too high?
UPL's current Pretax Margin % of 10.32% is 15% above median its 10-year median of 8.95. The Agriculture industry median Pretax Margin % is 6.24. UPL's value of 10.32% is 65.4% above this industry median. Based on the distribution chart, UPL ranks #127 out of 251 companies in the Agriculture industry, which is below the industry midpoint. Overall, UPL has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UPL's Pretax Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, UPL ranks #127 out of 251 companies for Pretax Margin %. This places UPL in the lower half of its industry. The industry median Pretax Margin % is 6.24. UPL's value of 10.32% is 65.4% above this benchmark. While the company's 10-year median is 8.95 vs. the industry median of 6.24, UPL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Agriculture company?
The median Pretax Margin % among Agriculture companies is 6.24, based on 251 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. UPL's current Pretax Margin % of 10.32% is 65.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on UPL and its competitors. For the Agriculture industry, the median Pretax Margin % is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UPL's current Pretax Margin % is 10.32%, which is 15% above median its own 10-year median of 8.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UPL stock overvalued right now?
Based on GuruFocus' analysis, UPL (LSE:UPLL) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.13, compared to a current price of $14.00 — trading 13.2% below its estimated fair value. The current Pretax Margin % is 10.32%, which is 15% above median its 10-year median of 8.95 and 65.4% above the Agriculture industry median of 6.24. UPL's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For UPL (LSE:UPLL), the current Pretax Margin % is 10.32% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is UPL (LSE:UPLL) Overvalued in 2026?
Based on GuruFocus' analysis, UPL stock appears to be undervalued.
The current stock price of $14.00 is trading 13.2% below its estimated GF Value™ of $16.13.
GuruFocus considers UPL to be Modestly Undervalued.
Key valuation signals for LSE:UPLL:
Pretax Margin %: 10.32% (15% above median its 10-year median of 8.95)
GF Value™: $16.13 vs. price of $14.00 (13.2% below fair value)
Industry Position: 65.4% above the Agriculture median (#127 of 251)
No single metric tells the full story. See the LSE:UPLL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UPL Ltd is principally engaged in the business of manufacturing and sale of crop protection products. The firm's crop protection portfolio includes fungicides, herbicides, insecticides, plant growth regulators, rodenticides, and specialty crop chemicals. The firm's seed products consist of nutri-feeds, seeds, and seed treatment products. UPL competes on price with the manufacture and sale of generic products. The company generates its revenue globally, with sales in various countries, and derives a majority share of its revenue from its business outside India. The firm sells its products through a distribution network in each region.
81GF Score
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