- Total income
- ₹47,123 Cr
- Profit
- ₹897 Cr
About UPL
UPL is a publicly listed company based in Mumbai (India) founded in 1969. Sustainable agriculture technologies and solutions are provided to farmers globally. It operates in the Chemicals & Materials and Agriculture sectors. The company has 132 employees. UPL has completed 6 acquisitions, including Arysta LifeScience, BioQuim and Bioseen. Its chief executive, as recorded, is Mike Frank. Its website upl-ltd.com draws about 93 thousand monthly visits. Its Indian entity Upl Limited reported revenue of βΉ52,753 Cr. Its focus areas include Chemicals and Materials Tech, Chemicals Tech, Green Chemicals and Crop Protection.
Company details
UPL was founded in 1969 in Mumbai, India, and operates in the agriculture sector. Crop protection solutions and smart farming practices are offered to farmers and agribusinesses. Emphasis is placed on OpenAg initiatives to support sustainable methods and innovative technologies. Operations extend internationally, with a focus on transforming agricultural processes through evidence-based approaches. Leadership is shared among co-CEOs, including Vikram Shroff.
UPL is ranked #61 on the Fortune India 500 (2025).
Recognitions & Rankings of UPL
- Valuation
- ₹41,710 Cr
- Headquarters Mumbai, India
- Employees 132
- Stage Public
- SectorsChemicals & MaterialsAgriculture
- Website category Heavy Industry and Engineering · Chemical Industry
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website upl-ltd.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Upl Limited
- Market Cap₹46,811 Cr
UPL · NSE
- Share Price₹562.15
+1.34% today
- Revenue₹51,839 Cr
FY 2025-26 · +11.2% YoY
- EBITDA₹8,888 Cr
Margin 17.1%
- Net Profit₹1,785 Cr
FY 2025-26 · +100.6% YoY
- P/E (TTM)23.8x
P/B 1.3x
- ROE7.0%
ROCE 11.6%
- Debt / Equity0.76
Interest cover 60.3x
- Employee Count132
- Investments & AcquisitionsArysta LifeScience
& 5 more
Associated legal entities of UPL
UPL operates through Upl Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Upl Limited Listed CIN L24219GJ1985PLC025132 | Active | 02 Jan 1985 | Valsad, Gujarat | ₹52,753 Cr | 4,125 | 11 | View details |
Apps and channels of UPL
its YouTube channel UPL- Ltd has 11.2K subscribers and 30 videos.
Videos from UPL
The most watched videos on UPL's YouTube channel, UPL- Ltd (11.2K subscribers). Click a video to play it here.
More on UPL- Ltd.
Funding Insights of UPL
- Total Rounds 4
- First Round $150M
(Jun 2006)
- Investors Count 1
All 4 funding rounds of UPL with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | Post-IPO | β | β | ||
| Mar 2018 | $300M | Debt – Conventional | β | β | β |
| Oct 2016 | $500M | Debt – Conventional | β | β | β |
| Jun 2006 | $150M | Post-IPO | β | β | β |
1 investors in total: 1 institutional.
Investors in UPL
UPL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nerka Chemicals.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Agrochemicals are distributed by Nerka Chemicals in Ahmedabad, India. | Ahmedabad, India |
Investor details for UPL
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Upl Limited (UPL)
Upl Limited is the primary company behind UPL. The board of Upl Limited currently have 9 directors; the longest-serving is Jaidev Rajnikant Shroff, appointed in 1992. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jaidev Rajnikant Shroff DIN 00191050 | Director | 01 Oct 1992 | 34 yrs 1 mo | Upl Limited |
| Vikram Rajnikant Shroff DIN 00191472 | Director | 22 Apr 2006 | 20 yrs 6 mo | Upl Limited |
| Hardeep Singh DIN 00088096 | Director | 02 Feb 2015 | 11 yrs 9 mo | Upl Limited |
| Naina Lal Kidwai DIN 00017806 | Director | 01 Oct 2021 | 5 yrs 1 mo | Upl Limited |
| Suresh Kumar DIN 00512630 | Director | 20 Oct 2022 | 4 yrs | Upl Limited |
| Raj Kumar Tiwari DIN 09772257 | Whole-time director | 01 Nov 2022 | 4 yrs | Upl Limited |
| Usha Rao Monari DIN 08652684 | Director | 18 Aug 2023 | 3 yrs 2 mo | Upl Limited |
| Bhanumathi Viswanathan Melattur DIN 10172983 | Director | 01 Feb 2025 | 1 yr 9 mo | Upl Limited |
| Santosh Kumar Mohanty DIN 06690879 | Director | 06 Mar 2025 | 1 yr 8 mo | Upl Limited |
People of UPL
513 people are tracked at UPL (158 in leadership, 5 in board & advisors, 350 in team); the tracked headcount is 132.
| Name | Role | Group |
|---|---|---|
Mike Frank | Co-CEO | Leadership |
| Co-CEO | Leadership | |
Jai Shroff | Co-CEO | Leadership |
Ashutosh Singh | Exports Sales Head - Consumer Products | Leadership |
Raj Arora | Global Head of Supply Chain & Manufacturing | Leadership |
John Fred | Chief Legal Officer | Leadership |
Rajendra Chanpuriya | Plant Head | Leadership |
Mohan Rao | Global Head - Data Science & Tech Delivery | Leadership |
Jagdish Nainwal | Region Head, LATAM | Leadership |
Rogerio Castro | Region Head, Brazil | Leadership |
Julian Montes Iannini | Business Director, Bio-solutions / Natural Plant Protection | Leadership |
Mayur Pawar | Head Strategic Sourcing-projects | Leadership |
Dr.srinivasan Rengan | Head Regional Development & Regulatory - Asia Pacific | Leadership |
Dr. Govind Sawant | Global Head - Stewardship And NPPL Asset Regulatory | Leadership |
Diego Casanello | Global COO, Crop Protection | Leadership |
K. R. Srivastava | COO, Speciality Chemicals | Leadership |
Mandar Kadam | Chief Financial Officer | Leadership |
Jugal Doshi | Head Global Procurement - China | Leadership |
Claudia Simion | Head Of Supply Chain MED | Leadership |
Anna Scherzer | Head Of Procurement Europe | Leadership |
493 more people are available in the full profile.
Complete people profiles for UPL
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of UPL
UPL is a publicly listed company on the NSE with ticker symbol UPL in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date23 Jan 2004
- Listed onNSE: UPL
- Listed entityUPL Limited
- Exchange sectorProcess industries
- ISININE628A01036
- Share price₹537.60 (+2.46% on the day) · 2026-10-14
- Market capitalisation₹44,234 Cr
- Price to earnings22.5
- EPS (diluted, trailing year)₹23.92
- Dividend yield1.17%
- Volume (last session)1,907,670
Financials of UPL
Exchange-reported figures of Upl Limited, the listed company behind UPL (NSE: UPL).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 51,839 | 46,637 | 43,098 | 53,576 | 46,240 | 38,694 | 35,756 |
| Revenue growth | +11.2% | +8.2% | -19.6% | +15.9% | +19.5% | +8.2% | - |
| EBITDA | 8,888 | 6,720 | 4,045 | 10,026 | 9,205 | 8,114 | 6,150 |
| EBITDA margin | +17.2% | +14.4% | +9.4% | +18.7% | +19.9% | +21.0% | +17.2% |
| Profit before tax | 3,157 | 829 | (2,087) | 5,150 | 4,966 | 4,181 | 2,764 |
| Net profit | 1,785 | 890 | (1,054) | 3,674 | 3,848 | 3,050 | 2,221 |
| Net profit margin | +3.4% | +1.9% | -2.5% | +6.9% | +8.3% | +7.9% | +6.2% |
| EPS (βΉ) | 22.75 | 11.28 | (16.00) | 47.60 | 47.40 | 37.53 | 23.22 |
| Balance sheet | |||||||
| Total assets | 65,391 | 63,286 | 63,065 | 60,198 | 56,523 | 49,935 | 52,051 |
| Net worth | 34,696 | 29,213 | 24,807 | 26,858 | 24,661 | 20,887 | 19,282 |
| Total debt | 23,576 | 25,099 | 29,754 | 23,939 | 26,746 | 24,519 | 29,388 |
| Cash & bank | 6,086 | 9,537 | 6,036 | 6,097 | 6,120 | 4,853 | 6,752 |
| Net working capital | 13,800 | 16,571 | 16,963 | 16,025 | 15,207 | 12,199 | 13,986 |
| Cash flow | |||||||
| Cash from operations | 7,855 | 10,151 | 2,321 | 7,751 | 6,496 | 7,212 | 8,739 |
| Cash from investing | (1,475) | (1,823) | (2,509) | (1,354) | (3,575) | (2,426) | (2,666) |
| Cash from financing | (9,883) | (4,793) | 164 | (6,227) | (1,921) | (6,713) | (2,175) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11,860 | 10,181 | 18,335 | 12,269 | 12,019 | 9,216 | 15,573 | 10,907 |
| Revenue growth (YoY) | -1.3% | +10.5% | +17.7% | +12.5% | +8.4% | +1.6% | - | - |
| Other income | 186 | 217 | 178 | 92.00 | 392 | 161 | 107 | 170 |
| EBITDA | 2,067 | 1,358 | 3,465 | 2,180 | 1,947 | 1,387 | 2,889 | 1,602 |
| EBITDA margin | +17.4% | +13.3% | +18.9% | +17.8% | +16.2% | +15.0% | +18.6% | +14.7% |
| Depreciation | 819 | 832 | 915 | 827 | 771 | 731 | 705 | 688 |
| Interest | 819 | 852 | 836 | 774 | 784 | 1,007 | 914 | 730 |
| Profit before tax | 615 | (109) | 1,892 | 671 | 784 | (190) | 1,377 | 354 |
| Tax | 163 | (36.00) | 598 | 181 | 172 | (14.00) | 298 | (499) |
| Net profit | 452 | (73.00) | 1,294 | 490 | 612 | (176) | 1,079 | 853 |
| EPS (βΉ) | 4.99 | 0.12 | 12.57 | 4.69 | 6.74 | (1.94) | 11.15 | 9.70 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,748 | 5,330 | 5,398 | 9,032 | 16,449 | 11,345 | 9,641 |
| Revenue growth | +7.8% | -1.3% | -40.2% | -45.1% | +45.0% | +17.7% | - |
| EBITDA | 358 | 152 | 401 | 852 | 2,051 | 1,605 | 1,195 |
| EBITDA margin | +6.2% | +2.9% | +7.4% | +9.4% | +12.5% | +14.2% | +12.4% |
| Profit before tax | 1,013 | 2,341 | 1,248 | 1,083 | 1,261 | 434 | 538 |
| Net profit | 835 | 802 | 1,209 | 951 | 1,180 | 228 | 470 |
| Net profit margin | +14.5% | +15.1% | +22.4% | +10.5% | +7.2% | +2.0% | +4.9% |
| EPS (βΉ) | 9.29 | 36.97 | 16.11 | 13.00 | 15.37 | 2.88 | 6.03 |
| Balance sheet | |||||||
| Total assets | 15,590 | 14,089 | 14,477 | 9,702 | 11,194 | 9,118 | 9,139 |
| Net worth | 14,036 | 12,021 | 7,530 | 7,068 | 8,201 | 7,786 | 8,024 |
| Total debt | 869 | 597 | 1,852 | 617 | 1,778 | 1,329 | 1,112 |
| Cash & bank | 108 | 137 | 192 | 739 | 825 | 334 | 163 |
| Net working capital | 5,501 | 3,273 | 1,134 | 1,161 | 2,304 | 1,323 | 1,162 |
| Cash flow | |||||||
| Cash from operations | (2,243) | (923) | (411) | 1,667 | 2,349 | 1,820 | 1,773 |
| Cash from investing | 783 | 843 | (462) | 1,210 | (1,481) | (1,175) | (435) |
| Cash from financing | 1,385 | 38.00 | 325 | (2,689) | (643) | (502) | (1,277) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,826 | 1,397 | 1,186 | 1,390 | 1,512 | 1,660 | 2,011 | 1,427 |
| Revenue growth (YoY) | +20.8% | -15.8% | -41.0% | -2.6% | +38.7% | +107.0% | - | - |
| Other income | 69.00 | 123 | 417 | 74.00 | 321 | 94.00 | 1,867 | 378 |
| Total expenses | 1,713 | 1,350 | 1,081 | 1,339 | 1,403 | 1,567 | 2,081 | 1,291 |
| EBITDA | 113 | 47.00 | 105 | 51.00 | 109 | 93.00 | (70.00) | 136 |
| EBITDA margin | +6.2% | +3.4% | +8.9% | +3.7% | +7.2% | +5.6% | -3.5% | +9.5% |
| Depreciation | 26.00 | 25.00 | 28.00 | 32.00 | 32.00 | 33.00 | 34.00 | 39.00 |
| Interest | 24.00 | 25.00 | 29.00 | 32.00 | 43.00 | 22.00 | 51.00 | 56.00 |
| Profit before tax | 132 | 120 | 465 | 61.00 | 355 | 132 | 1,712 | 419 |
| Tax | 33.00 | 31.00 | 106 | 29.00 | 83.00 | 10.00 | (27.00) | (573) |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11,860 | 10,181 | 18,335 | 12,269 | 12,019 | 9,216 | 15,573 | 10,907 |
| Revenue growth (YoY) | -1.3% | +10.5% | +17.7% | +12.5% | +8.4% | +1.6% | - | - |
| Other income | 186 | 217 | 178 | 92.00 | 392 | 161 | 107 | 170 |
| EBITDA | 2,067 | 1,358 | 3,465 | 2,180 | 1,947 | 1,387 | 2,889 | 1,602 |
| EBITDA margin | +17.4% | +13.3% | +18.9% | +17.8% | +16.2% | +15.0% | +18.6% | +14.7% |
| Depreciation | 819 | 832 | 915 | 827 | 771 | 731 | 705 | 688 |
| Interest | 819 | 852 | 836 | 774 | 784 | 1,007 | 914 | 730 |
| Profit before tax | 615 | (109) | 1,892 | 671 | 784 | (190) | 1,377 | 354 |
| Tax | 163 | (36.00) | 598 | 181 | 172 | (14.00) | 298 | (499) |
| Net profit | 452 | (73.00) | 1,294 | 490 | 612 | (176) | 1,079 | 853 |
| EPS (βΉ) | 4.99 | 0.12 | 12.57 | 4.69 | 6.74 | (1.94) | 11.15 | 9.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 51,839 | 46,637 | 43,098 | 53,576 | 46,240 | 38,694 | 35,756 |
| Revenue growth | +11.2% | +8.2% | -19.6% | +15.9% | +19.5% | +8.2% | - |
| Other income | 914 | 486 | 483 | 634 | 415 | 300 | 107 |
| Total expenses | 42,951 | 39,917 | 39,053 | 43,550 | 37,035 | 30,580 | 29,606 |
| Employee cost | 5,807 | 5,309 | 4,682 | 5,056 | 4,622 | 3,712 | 3,391 |
| EBITDA | 8,888 | 6,720 | 4,045 | 10,026 | 9,205 | 8,114 | 6,150 |
| EBITDA margin | +17.2% | +14.4% | +9.4% | +18.7% | +19.9% | +21.0% | +17.2% |
| Depreciation | 3,244 | 2,750 | 2,763 | 2,547 | 2,359 | 2,173 | 2,012 |
| Interest | 3,401 | 3,627 | 3,852 | 2,963 | 2,295 | 2,060 | 1,481 |
| Profit before tax | 3,157 | 829 | (2,087) | 5,150 | 4,966 | 4,181 | 2,764 |
| Tax | 937 | 9.00 | (209) | 736 | 529 | 686 | 586 |
| Net profit | 1,785 | 890 | (1,054) | 3,674 | 3,848 | 3,050 | 2,221 |
| Net profit margin | +3.4% | +1.9% | -2.5% | +6.9% | +8.3% | +7.9% | +6.2% |
| EPS (βΉ) | 22.75 | 11.28 | (16.00) | 47.60 | 47.40 | 37.53 | 23.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 169 | 159 | 150 | 150 | 153 | 153 | 153 |
| Reserves & surplus | 34,527 | 29,054 | 24,657 | 26,708 | 24,508 | 20,734 | 19,129 |
| Shareholders' funds (net worth) | 34,696 | 29,213 | 24,807 | 26,858 | 24,661 | 20,887 | 19,282 |
| Minority interest | 6,573 | 8,613 | 7,899 | 8,571 | 4,647 | 3,693 | 3,312 |
| Secured loans | 205 | 198 | 418 | 83.00 | 364 | 302 | 335 |
| Unsecured loans | 23,371 | 24,901 | 29,336 | 23,856 | 26,382 | 24,217 | 29,053 |
| Total debt | 23,576 | 25,099 | 29,754 | 23,939 | 26,746 | 24,519 | 29,388 |
| Total liabilities | 65,391 | 63,286 | 63,065 | 60,198 | 56,523 | 49,935 | 52,051 |
| Assets | |||||||
| Gross block | 66,450 | 59,097 | 57,189 | 54,768 | 49,848 | 47,040 | 45,704 |
| Net block | 42,153 | 39,084 | 39,056 | 38,713 | 36,193 | 34,765 | 35,321 |
| Capital work in progress | 3,147 | 2,546 | 2,965 | 2,818 | 2,501 | 2,117 | 2,073 |
| Investments | 2,666 | 2,328 | 2,154 | 1,615 | 1,922 | 618 | 558 |
| Inventories | 12,676 | 10,316 | 12,776 | 13,985 | 13,078 | 9,422 | 7,850 |
| Sundry debtors | 17,874 | 15,505 | 16,354 | 18,224 | 15,328 | 12,145 | 11,867 |
| Cash & bank balances | 6,086 | 9,537 | 6,036 | 6,097 | 6,120 | 4,853 | 6,752 |
| Loans & advances | 4,892 | 3,939 | 3,872 | 3,636 | 4,362 | 3,613 | 2,772 |
| Total current assets | 41,528 | 39,297 | 39,038 | 41,942 | 38,888 | 30,033 | 29,241 |
| Total current liabilities | 27,728 | 22,726 | 22,075 | 25,917 | 23,681 | 17,834 | 15,255 |
| Net working capital | 13,800 | 16,571 | 16,963 | 16,025 | 15,207 | 12,199 | 13,986 |
| Total assets | 65,391 | 63,286 | 63,065 | 60,198 | 56,523 | 49,935 | 52,051 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 9,478 | 5,943 | 5,967 | 5,797 | 4,797 | 6,724 | 2,826 |
| Net cash from operating activities | 7,855 | 10,151 | 2,321 | 7,751 | 6,496 | 7,212 | 8,739 |
| Net cash from investing activities | (1,475) | (1,823) | (2,509) | (1,354) | (3,575) | (2,426) | (2,666) |
| Net cash from financing activities | (9,883) | (4,793) | 164 | (6,227) | (1,921) | (6,713) | (2,175) |
| Net change in cash | (3,503) | 3,535 | (24.00) | 170 | 1,000 | (1,927) | 3,898 |
| Closing cash | 6,086 | 9,537 | 6,036 | 6,097 | 6,120 | 4,853 | 6,752 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.2% | +8.2% | -19.6% | +15.9% | +19.5% | +8.2% | - |
| EBITDA growth | +32.3% | +66.1% | -59.7% | +8.9% | +13.5% | +31.9% | - |
| PBT growth | +280.8% | +9998.0% | - | +3.7% | +18.8% | +51.3% | +55.9% |
| Net income growth | +100.6% | +184.4% | -128.7% | -4.5% | +26.2% | +37.3% | - |
| Revenue CAGR (3Y) | -1.1% | +0.3% | +3.7% | +14.4% | +28.4% | +30.6% | +29.9% |
| EBITDA CAGR (3Y) | -3.9% | -10.0% | -20.7% | +17.7% | +39.9% | +34.3% | +29.1% |
| Profitability & leverage | |||||||
| Net income margin | +4.3% | +1.8% | -4.4% | +8.2% | +9.6% | +9.0% | +6.1% |
| Return on capital employed | +11.6% | +8.7% | +3.8% | +15.7% | +14.8% | +13.1% | +10.5% |
| Return on net worth | +7.0% | +3.0% | -6.7% | +17.1% | +19.5% | +17.4% | +15.4% |
| Debt / equity | 0.76 | 1.02 | 1.04 | 0.98 | 1.13 | 1.34 | 1.72 |
| Long-term debt / equity | 0.56 | 0.82 | 0.90 | 0.85 | 0.99 | 1.26 | 1.60 |
| Interest cover | 60.26 | 91.36 | 300.47 | 39.62 | 33.52 | 34.67 | 35.79 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.83 | 0.80 | 0.77 | 1.02 | 0.95 | 0.83 | 0.82 |
| Inventory turnover | 4.51 | 4.04 | 3.22 | 3.96 | 4.11 | 4.48 | 4.21 |
| Debtors turnover | 3.11 | 2.93 | 2.49 | 3.19 | 3.37 | 3.22 | 3.04 |
| EPS (βΉ) | 22.75 | 11.28 | (16.00) | 47.60 | 47.40 | 37.53 | 23.22 |
| Dividend per share (βΉ) | 6.00 | 6.00 | 1.00 | 10.00 | 10.00 | 10.00 | 6.00 |
| Book value per share (βΉ) | 410.60 | 367.46 | 330.76 | 358.11 | 322.37 | 273.03 | 252.05 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,826 | 1,397 | 1,186 | 1,390 | 1,512 | 1,660 | 2,011 | 1,427 |
| Revenue growth (YoY) | +20.8% | -15.8% | -41.0% | -2.6% | +38.7% | +107.0% | - | - |
| Other income | 69.00 | 123 | 417 | 74.00 | 321 | 94.00 | 1,867 | 378 |
| Total expenses | 1,713 | 1,350 | 1,081 | 1,339 | 1,403 | 1,567 | 2,081 | 1,291 |
| EBITDA | 113 | 47.00 | 105 | 51.00 | 109 | 93.00 | (70.00) | 136 |
| EBITDA margin | +6.2% | +3.4% | +8.9% | +3.7% | +7.2% | +5.6% | -3.5% | +9.5% |
| Depreciation | 26.00 | 25.00 | 28.00 | 32.00 | 32.00 | 33.00 | 34.00 | 39.00 |
| Interest | 24.00 | 25.00 | 29.00 | 32.00 | 43.00 | 22.00 | 51.00 | 56.00 |
| Profit before tax | 132 | 120 | 465 | 61.00 | 355 | 132 | 1,712 | 419 |
| Tax | 33.00 | 31.00 | 106 | 29.00 | 83.00 | 10.00 | (27.00) | (573) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,748 | 5,330 | 5,398 | 9,032 | 16,449 | 11,345 | 9,641 |
| Revenue growth | +7.8% | -1.3% | -40.2% | -45.1% | +45.0% | +17.7% | - |
| Other income | 906 | 2,555 | 1,121 | 850 | 631 | 113 | 506 |
| Total expenses | 5,390 | 5,178 | 4,997 | 8,180 | 14,398 | 9,740 | 8,446 |
| Employee cost | 238 | 189 | 115 | 369 | 767 | 685 | 646 |
| EBITDA | 358 | 152 | 401 | 852 | 2,051 | 1,605 | 1,195 |
| EBITDA margin | +6.2% | +2.9% | +7.4% | +9.4% | +12.5% | +14.2% | +12.4% |
| Depreciation | 125 | 135 | 130 | 431 | 1,044 | 977 | 891 |
| Interest | 126 | 231 | 144 | 188 | 377 | 307 | 272 |
| Profit before tax | 1,013 | 2,341 | 1,248 | 1,083 | 1,261 | 434 | 538 |
| Tax | 228 | (598) | 40.00 | 108 | 85.00 | 214 | 77.00 |
| Net profit | 835 | 802 | 1,209 | 951 | 1,180 | 228 | 470 |
| Net profit margin | +14.5% | +15.1% | +22.4% | +10.5% | +7.2% | +2.0% | +4.9% |
| EPS (βΉ) | 9.29 | 36.97 | 16.11 | 13.00 | 15.37 | 2.88 | 6.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 169 | 159 | 150 | 150 | 153 | 153 | 153 |
| Reserves & surplus | 13,867 | 11,862 | 7,380 | 6,918 | 8,048 | 7,633 | 7,871 |
| Shareholders' funds (net worth) | 14,036 | 12,021 | 7,530 | 7,068 | 8,201 | 7,786 | 8,024 |
| Secured loans | 0.00 | 0.00 | 0.00 | 85.00 | 363 | 301 | 251 |
| Unsecured loans | 869 | 597 | 1,852 | 532 | 1,415 | 1,028 | 861 |
| Total debt | 869 | 597 | 1,852 | 617 | 1,778 | 1,329 | 1,112 |
| Total liabilities | 15,590 | 14,089 | 14,477 | 9,702 | 11,194 | 9,118 | 9,139 |
| Assets | |||||||
| Gross block | 2,322 | 2,210 | 2,080 | 8,828 | 12,078 | 11,227 | 10,094 |
| Net block | 791 | 749 | 738 | 4,319 | 5,477 | 5,598 | 5,354 |
| Capital work in progress | 40.00 | 128 | 118 | 867 | 909 | 722 | 886 |
| Investments | 5,967 | 5,533 | 3,687 | 3,208 | 2,374 | 1,441 | 1,406 |
| Inventories | 485 | 440 | 346 | 1,677 | 2,929 | 1,943 | 1,316 |
| Sundry debtors | 3,313 | 3,694 | 2,249 | 5,713 | 5,567 | 4,046 | 3,161 |
| Cash & bank balances | 108 | 137 | 192 | 739 | 825 | 334 | 163 |
| Loans & advances | 3,956 | 2,854 | 783 | 1,187 | 1,325 | 934 | 1,046 |
| Total current assets | 7,862 | 7,125 | 3,570 | 9,316 | 10,646 | 7,257 | 5,686 |
| Total current liabilities | 2,361 | 3,852 | 2,436 | 8,155 | 8,342 | 5,934 | 4,524 |
| Net working capital | 5,501 | 3,273 | 1,134 | 1,161 | 2,304 | 1,323 | 1,162 |
| Total assets | 15,590 | 14,089 | 14,477 | 9,702 | 11,194 | 9,118 | 9,139 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 104 | 146 | 694 | 506 | 281 | 138 | 77.00 |
| Net cash from operating activities | (2,243) | (923) | (411) | 1,667 | 2,349 | 1,820 | 1,773 |
| Net cash from investing activities | 783 | 843 | (462) | 1,210 | (1,481) | (1,175) | (435) |
| Net cash from financing activities | 1,385 | 38.00 | 325 | (2,689) | (643) | (502) | (1,277) |
| Net change in cash | (75.00) | (42.00) | (548) | 188 | 225 | 143 | 61.00 |
| Closing cash | 108 | 137 | 192 | 739 | 825 | 334 | 163 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.8% | -1.3% | -40.2% | -45.1% | +45.0% | +17.7% | - |
| EBITDA growth | +135.5% | -62.1% | -52.9% | -58.5% | +27.8% | +34.3% | - |
| PBT growth | -56.7% | +87.6% | +15.2% | -14.1% | +190.6% | -19.3% | +10.7% |
| Net income growth | +4.1% | -33.7% | +27.2% | -19.4% | +418.5% | -51.5% | - |
| Revenue CAGR (3Y) | -14.0% | -31.3% | -21.9% | -2.2% | +23.8% | +16.0% | +11.6% |
| EBITDA CAGR (3Y) | -25.1% | -58.0% | -37.0% | -10.7% | +34.9% | +19.4% | +10.0% |
| Profitability & leverage | |||||||
| Net income margin | +13.7% | +55.1% | +22.4% | +10.8% | +7.2% | +1.9% | +4.8% |
| Return on capital employed | +7.7% | +1.0% | +9.1% | +8.1% | +16.1% | +8.1% | +8.6% |
| Return on net worth | +6.0% | +8.2% | +16.6% | +12.5% | +14.7% | +2.8% | +5.8% |
| Debt / equity | 0.06 | 0.13 | 0.17 | 0.16 | 0.19 | 0.15 | 0.17 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.06 | 0.06 |
| Interest cover | 54.08 | 1,358.82 | 53.14 | 44.66 | 37.44 | 48.89 | 89.47 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.54 | 2.48 | 0.99 | 0.86 | 1.41 | 1.06 | 1.01 |
| Inventory turnover | 12.43 | 13.56 | 5.34 | 3.92 | 6.75 | 6.96 | 6.06 |
| Debtors turnover | 1.64 | 1.79 | 1.36 | 1.60 | 3.42 | 3.15 | 3.27 |
| EPS (βΉ) | 9.29 | 36.97 | 16.11 | 13.00 | 15.37 | 2.88 | 6.03 |
| Dividend per share (βΉ) | 6.00 | 6.00 | 1.00 | 10.00 | 10.00 | 10.00 | 6.00 |
| Book value per share (βΉ) | 166.11 | 151.21 | 100.40 | 94.24 | 107.20 | 101.78 | 104.89 |
Investments & Acquisitions by UPL
UPL has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Arysta LifeScience, BioQuim and Bioseen.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Specialty chemicals are manufactured for beverage and pharmaceutical ingredients. | kudoschemie.com | Patiala, India | 1988 | Jun 2022 | $5.13M | |
Chemical and bio-fertilizers are produced and supplied by the company. | arystalifescience.com | Cary, United States | 2001 | Jan 2021 | β’β’β’β’ | |
Strategic consulting and idea generation services are provided to clients. | yoloo.cn | Beijing, China | 2004 | Apr 2020 | β’β’β’β’ | |
Crop protection products are manufactured and supplied globally. | bioquimcr.com | Curridabat, Costa Rica | 1987 | Nov 2018 | β’β’β’β’ | |
Crop protection and post-harvest agrichemicals are manufactured and wholesaled. | cerexagri.com | King Of Prussia, United States | 2006 | Jun 2007 | $140M | |
Agrochemicals are manufactured and supplied to agriculture. | swal.in | Mumbai, India | 1979 | Jun 2005 | $5.5M |
Complete acquisition details for UPL
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Timeline of UPL
11 dated milestones of UPL across 53 years, from founding to its latest funding, stage changes and deals.
- Founded UPL is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Swal Corporation.
- Funding First funding round of $150.0M.
- Acquisition Acquires Cerexagri.
- Acquisition Acquires Arysta LifeScience.
- Funding Latest funding round, Post-IPO,.
- Acquisition Acquires BioQuim.
- Acquisition Acquires Bioseen.
- Acquisition Acquires Arysta LifeScience.
- Acquisition Acquires Kudos Chemie Limited.
Web traffic of UPL
The website of UPL (upl-ltd.com) receives about 93.4K visits a month and ranks #350,074 among all websites worldwide, #4,147 in Chemical Industry.
- Monthly visits93.4K
▼ 18.9% vs previous month
- Unique visitors58.7K
per month
- Global rank#350,074
among all websites
- Category rank#4,147
Heavy Industry and Engineering · Chemical Industry
- Bounce rate46%
- Pages per visit2.0
- Average visit51 sec
- DevicesDesktop 25% Β· Mobile 75%
Websites whose visitors overlap most with UPL. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| indianchemicalnews.com | 100% | #555,272 | View details | ||
| growel.com | 93% | 15.4K | #1,650,930 | View details | |
| cultree.in | 93% | #609,817 | View details | ||
uplcorp.com | uplcorp.com | 84% | #313,928 | β | |
agroquimicos-organicosplm.com | agroquimicos-organicosplm.com | 60% | #953,414 | β | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Related news about Upl
Complete news archive for UPL
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Articles about UPL on our blog
Frequently Asked Questions about UPL
UPL was founded in 1969 and raised its 1st funding round 37 years after it was founded.
UPL is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mike Frank is the CEO of UPL, as recorded in our data.
UPL has 132 employees.
The primary company behind UPL, Upl Limited, reported revenue of βΉ52,753 Cr for FY 2026, up 11% year on year.
UPL was founded in 1969 in Mumbai, India, and operates in the agriculture sector. Crop protection solutions and smart farming practices are offered to farmers and agribusinesses. Emphasis is placed on OpenAg initiatives to support sustainable methods and innovative technologies. Operations extend internationally, with a focus on transforming agricultural processes through evidence-based approaches. Leadership is shared among co-CEOs, including Vikram Shroff.
Yes, UPL is publicly traded on NSE under the ticker symbol UPL.
UPL has made 6 acquisitions, including Arysta LifeScience, BioQuim, and Bioseen.
UPL has 1 investor. Key investors include Nerka Chemicals.
UPL operates through Upl Limited.
The legal entities of UPL currently have 11 directors, including Hardeep Singh, Jaidev Rajnikant Shroff, Vikram Rajnikant Shroff and others.

