UPL Q3FY21: Robust show expected but margins may be under pressure

UPL will be reporting its Q3 earnings on January 29. The stock has surged 26 percent in last one month, but is reasonable as far as valuations are concerned.

Revenue growth is expected to be around 10 percent and EBITDA could go up by 7 percent. Margins however could be under some pressure. Profit is expected to go up by 17 percent.

Latin America could see double digit growth at around 10 percent while India should an 8 percent growth. US could see a growth of 5 percent and European region could see a growth of 2.5 percent. So, overall the numbers are expected to be very strong.