About UPAL
UPAL is a Real Estate & Construction company based in Lucknow (India) founded in 1973. UP Asbestos Limited is engaged in manufacturing fibre cement sheets. It operates on a Reseller / Distribution model. The company has 191 employees. Its Indian entity U P Asbestos Limited reported revenue of ₹249 Cr. UPAL offers products and services including AC Sheets, Coloured Profile Steel Sheets, Electrical Cables, and Paints and Allied Products. Its focus areas include Manufacturing, Building Materials and Cement and Concrete Products. Similar companies include Ambuja Cements, Sagar Cements and Dalmia Bharat; 1 of its 3 listed similar companies has raised funding.
Company details
UP Asbestos Limited, operating as UPAL, is involved in the production and marketing of fibre cement sheets, primarily AC Sheets, which conform to BIS standards. Based in Lucknow, India, the company has been a significant player in the Indian market since 1973, holding up to 6 of the national market share in this sector. Additionally, UPAL has expanded its portfolio to include coloured profile steel sheets, electrical cables, paints, and allied products. Manufacturing units are located in Mohanlalganj, Lucknow, and Dadri, Gautam Budh Nagar, catering to construction and industrial needs across the region.
- Headquarters Lucknow, India
- Employees 191
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website upal.in
- Social X Facebook
- Legal Name Up Asbestos Limited
- Date of Incorporation 18 Jul, 1973
- Jurisdiction Uttar Pradesh, India
- Annual Revenue₹249 Cr
FY 2025 · +18% YoY
- Net Profit₹14.10 Cr
FY 2025 · 6% margin
- EBITDA₹35.08 Cr
FY 2025 · 14% margin
- Employee Count191
Associated legal entities of UPAL
UPAL operates through U P Asbestos Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| U P Asbestos Limited Listed CIN L26942UP1973PLC003743 | Active | 18 Jul 1973 | Lucknow, Uttar Pradesh | ₹249 Cr | 191 | 7 | View details |
Products & Services of UPAL
UPAL offers a comprehensive portfolio of products and services, including AC Sheets, Coloured Profile Steel Sheets, Electrical Cables, and Paints and Allied Products.
Fibre cement sheets are manufactured for construction purposes.
Steel sheets are provided for various building applications.
Cables are marketed for industrial and submersible uses.
Paints are offered for construction and industrial needs.
Board of directors of U P Asbestos Limited (UPAL)
U P Asbestos Limited is the primary company behind UPAL. The board of U P Asbestos Limited currently have 5 directors; the longest-serving is Amitabh Tayal, appointed in 1984. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amitabh Tayal DIN 00556569 | Managing Director | 01 Jan 1984 | 42 yrs 9 mo | U P Asbestos Limited |
| Priyank Tayal DIN 00556534 | Whole-time director | 23 Jun 2004 | 22 yrs 4 mo | U P Asbestos Limited |
| Paras Nath Singh DIN 08470004 | Director | 10 Jul 2019 | 7 yrs 3 mo | U P Asbestos Limited |
| Qamar Syed Wajahat DIN 01692185 | Director | 25 Jun 2020 | 6 yrs 4 mo | U P Asbestos Limited |
| Sushma Seth DIN 10293874 | Director | 02 Sep 2023 | 3 yrs 1 mo | U P Asbestos Limited |
Financials of UPAL
Figures of U P Asbestos Limited, the primary company behind UPAL, for FY 2025. Revenue was ₹249 Cr (+18% year on year). Net profit was ₹14.10 Cr (6% margin). EBITDA was ₹35.08 Cr (14% margin). Revenue has grown at a compounded annual rate of +8% over three years and +8% over five years.
- ₹249 CrRevenue · FY 2025 · +18% YoY
- ₹14.10 CrNet profit · 6% margin
- ₹35.08 CrEBITDA · 14% margin
- ₹9.11 CrPaid-up capital
- 191Employees (provident fund records)
- +8%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of U P Asbestos Limited are on its company page.
Detailed financial statements for UPAL
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Similar companies to UPAL
UPAL has 3 listed similar companies in our database, 1 of them funded. They include Ambuja Cements, Sagar Cements and Dalmia Bharat.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ambujacement.com | 1983 | Mumbai, India | $1.45M | 3,148 | Cement and building materials are manufactured by Ambuja Cements. | |
| sagarcements.in | 1985 | Hyderabad, India | 815 | Cement production is managed by Sagar Cements in India. | ||
| dalmiabharat.com | 1939 | Delhi, India | 39 | Cement and sugar are produced by Dalmia Bharat. |
Detailed similar companies of UPAL
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Web traffic of UPAL
The website of UPAL (upal.in) receives about 2.8K visits a month.
- Monthly visits2.8K
▲ 7.3% vs previous month
Top companies in Building Materials
3 companies that operate in the same segment as UPAL (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 11,790 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.79 B | 33,600 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
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Related news about Upal
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Frequently Asked Questions about UPAL
UPAL was founded in 1973.
UPAL is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.
UPAL has 191 employees.
The primary company behind UPAL, U P Asbestos Limited, reported revenue of ₹249 Cr for FY 2025, up 18% year on year.
UP Asbestos Limited, operating as UPAL, is involved in the production and marketing of fibre cement sheets, primarily AC Sheets, which conform to BIS standards. Based in Lucknow, India, the company has been a significant player in the Indian market since 1973, holding up to 6 of the national market share in this sector. Additionally, UPAL has expanded its portfolio to include coloured profile steel sheets, electrical cables, paints, and allied products. Manufacturing units are located in Mohanlalganj, Lucknow, and Dadri, Gautam Budh Nagar, catering to construction and industrial needs across the region.
UPAL's top competitors include Sagar Cements, Dalmia Bharat and Ambuja Cements.
UPAL offers AC Sheets, Coloured Profile Steel Sheets, Electrical Cables, and Paints and Allied Products.
UPAL operates through U P Asbestos Limited.
The legal entities of UPAL currently have 7 directors, including Amitabh Tayal, Priyank Tayal, Paras Nath Singh and others.