Uflex share price today

Uflex Ltd's share price was ₹587.80 at the close on 5 November 2026. It has been rising for 11 weeks. That is 10.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹360 and ₹676, and at that close it sat 72% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Uflex Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 19 weeks in a row.

Over the last 11 years the share price moved +284% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: best operating margin in 15 quarters, highest quarterly profit in 15 quarters and highest quarterly revenue in 15 quarters.

1. Best operating margin in 15 quarters

   Operating margin was 17% in the June 2026 quarter, against 12% a year earlier.

   Why: Margins rose because a gain from currency contracts lifted the reported number, and the overseas plants earned more from local supply and better prices.

   Next results: check whether better film prices make up for shipment timing.

   From the earnings call on 30 Sep 2026.

2. Highest quarterly profit in 15 quarters

   Profit of ₹423 crore in the June 2026 quarter is the highest of the last 15 quarters.

   Why: Profit hit a record because a gain from currency contracts lifted the reported result, and the core business earned more from better prices and local sourcing.

   Next results: check whether the forex gain repeats, since management would not promise it.

   From the earnings call on 30 Sep 2026.

3. Highest quarterly revenue in 15 quarters

   Revenue of ₹5,366 crore in the June 2026 quarter is the highest of the last 15 quarters.

   Why: Revenue hit a record because the company sold more packaging film, especially in the US and Mexico, and local sourcing helped it supply customers.

   Next results: check whether the Egypt aseptic packaging plant starts selling, including remaining approvals and customer orders.

   From the earnings call on 30 Sep 2026.

For April to June 2026 (the quarter ended 30 June 2026), Uflex reported revenue of ₹5,366 crore, up 37.6% from ₹3,901 crore a year earlier, and a profit of ₹423 crore, up 629.3% from ₹58.0 crore.

Uflex results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Uflex's management discussed these results on a call held on 30 September 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Uflex closed at ₹587.80 on 5 November 2026, up 11.1% from ₹529.10 a year earlier (7 November 2025) and up 9.2% over five years. Its highest weekly close since March 2016 was ₹844.80 on 23 August 2024.

Uflex share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

561 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: Uflex closed at ₹587.80, up 3.6% on the week and down 5.5% on the month. 30 Sep 2026: Uflex held its results call for April to June 2026. Management guided: FY27 revenue and operating profit growth approximately 30-35%, supported by progressive utilization at Noida recycling, Mexico WPP and Egypt/Mexico coating lines.

Earlier

• Results for April to June 2026: Revenue up 37.6% and profit up 629.3% on a year earlier.
• 25 Jun 2026: ex-date for a dividend of ₹3 a share, record date 26 Jun 2026.

Uflex paid ₹3 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.51% at the ₹587.80 close on 5 November 2026. The last was a dividend of ₹3 a share, ex-date 25 June 2026.

Uflex dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Uflex Ltd paid out 7% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 30 September 2026, Uflex's management guided: FY27 revenue and operating profit growth approximately 30-35%, supported by progressive utilization at Noida recycling, Mexico WPP and Egypt/Mexico coating lines.

“By FY28, you will see this ratio coming down to around 3.2-3.1 times, and by FY29 it should be below 3 times.”Arun Kumar Sharma, CFO, on the call for April to June 2026

What management guided

• Egypt 12 billion-pack aseptic project expected to start commercial production in H2 FY27; utilization planned at 30-35% in year one, around 70% in year two and 100% in year three.
• Q2 net debt/operating profit expected in the 3-3.5x range with no major debt-profile change; FY28 planned around 3.1-3.2x as capital spending moderates.
• Net debt/operating profit planned below 3x by FY29.
• Indian aseptic capacity could become insufficient over the next 1-2 years as packaged-food and delivery demand expands.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 30 September 2026.

The changes showing up in Uflex's own numbers are new regions and countries. It is too early to say whether they last.

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Checked against results and calls up to April to June 2026, 10 October 2026.

A subsequent results print showing operating profit falling back toward the pre-recovery level, together with another Egypt commissioning delay or rising leverage despite commissioned-project contribution, would break the thesis that installed capacity is becoming a self-financing earnings recovery.

Each change stops working if

• Regional supply and operating leverage: Import availability normalizes while customer pricing falls faster than input costs and utilization stops improving.
• Shift toward higher-value packaging: Lower packaging volumes persist without evidence that realizations and segment earnings compensate.
• Indian PET-chip pricing protection: Domestic realizations fail to improve after protection or competing supply erodes the bottle-grade premium.

The main risks

• : Recent margins include spread and forex benefits that may not persist. ⚠ estimate
• : Growth, commissioning and leverage promises have moved backward. ⚠ estimate
• : Imported aseptic supply can constrain domestic utilization and pricing. ⚠ estimate
• : Geographic and accounting definitions remain unreconciled. ⚠ estimate

Our read after the April to June 2026 results, written 10 October 2026.

When Uflex reports July to September 2026, these are the 5 checks that show whether the story is still on course. First: US/Mexico and Middle East and Africa film volumes keep growing against a year earlier while operating margin stays above 14% with no forex gain included.

Uflex is on one of our India lists: Multibagger study list.

Uflex Ltd earned ₹423 Cr of net profit in the Jun 2026 quarter, +629.3% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹317 Cr. Over 10 years profit has grown 0.0% a year on average. That is 7.9% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹58.0 Cr. 4 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹317 Cr (+123.2% on the year before).

Why profit moved: revenue changed +37.6% on a year earlier and the margin moved +5.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +190.5% and revenue +10.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Uflex Ltd reported ₹5,366 Cr of revenue in the Jun 2026 quarter, +37.6% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 9.2% a year on average. The last full year, FY26, came in at ₹15,401 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. The Value Chain Climb explains why a decline in packaging tonnage need not imply an equivalent earnings decline: management says India shifted toward higher-margin flexible products. However, aseptic import pressure is a separate adverse cause of lower volume. Without a segment margin bridge, favorable mix cannot be assumed to offset every lost sale. Customers retain bargaining power through competing imported supply.

The last four reported quarters add to ₹16,866 Cr.

FY26 revenue was ₹15,401 Cr, +2.4% on the year before.

Recent pace: the last four quarters grew +10.2% on average, against 9.2% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +10.4%, against +10.7% a year over the last 8 quarters (stabilising).

Uflex Ltd's operating margin was 17.0% in the Jun 2026 quarter, 5.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 10.0% and 20.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. Management expects protection to reduce Chinese dumping and support Indian pricing. Panipat's ability to switch grades adds a response mechanism, but neither the company-specific profit benefit nor customer retention of the price increase is quantified. This remains a conditional driver: competitors' supply response and raw-material changes could absorb the apparent gain, and it should not be extended to the entire overseas portfolio.

Why the margin moved: operating margin changed +4.9 percentage points on the year while gross margin changed +5.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 373% of Uflex Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹992 Cr of operating cash against ₹317 Cr of profit. After ₹3,282 Cr of spending on assets, free cash was −₹2,290 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 373% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 2.7× depreciation over three years. The next section checks what that spending is building.

Uflex Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 89 days in FY26, up from 83 days in FY21. It spent ₹5,844 Cr on assets over the last 3 years. Customers take 92 days to pay, and stock sits for 97 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Why this happened. The Capex Inflection Point has concrete support from commissioned Noida recycling and Mexico WPP. Earnings contribution is already possible, but the remaining ramp and cash return are not quantified. Customer adoption, feedstock economics and utilization determine how much gross benefit becomes profit. The Egypt project belongs to a later, conditional phase and is not counted as already delivered.

At FY26 sales of ₹15,401 Cr, each day of that cycle ties up about ₹42.2 Cr, so roughly ₹3,755 Cr is tied up in the business at any time.

FY26: customers took 92 days to pay and stock sat for 97 days, about 3.2 months of sales sitting as stock, for a full cycle of 89 days, longer than FY21's 83.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 97 days. Customers pay about 92 days after that. Suppliers are paid at 99 days. Together that makes the 89-day cycle.

Spending on assets: ₹5,844 Cr over the last 3 years, against ₹2,137 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2,176 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Uflex Ltd's P/E is 6.1×, in the middle of its own history: higher than 55% of past readings. Its usual P/E (the middle reading) is 5.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹94.51.