About Upl Limited
Data last updated: 25 September 2026
Upl Limited is a public limited company based in Distt. Valsad, Gujarat, India. It specialises in crop protection, a part of the broader agriculture sector. Incorporated on 02 January 1985, the company has been in operation for over 41 years.
Registered with ROC Ahmedabad under CIN L24219GJ1985PLC025132. Listed on BSE: 512070 and NSE: UPL.
Capital: an authorised share capital of ₹477 Cr and a paid-up capital of ₹168.89 Cr. Formerly known as Vishwanath Commercials Limited and United Phosphorus Limited. It is led by directors including Hardeep Singh and Jaidev Rajnikant Shroff.
Last AGM: 25 July 2025. Financial statements filed for year ended 31 March 2025. Office: 3 – 11 G.I.D.C. Vapi, Distt. Valsad, Gujarat, India – 396195.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹51,839 Cr, a growth of 11.15% compared to the previous year. The net worth stands at ₹34,696 Cr (up 18.77% YoY). Total assets are valued at ₹65,391 Cr (up 3.33% YoY).
The company has a workforce of approximately 4,125 employees as per the latest available data.
The company is associated with 3 brands - Stimuplant, Upl, Kudos Chemie Limited. As per MCA filings, the company has open charges of ₹3,345.17 Cr and satisfied charges of ₹1,265.41 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website upl-ltd.com.
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EmailLocked
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Website
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Registered Address3 – 11 G.I.D.C. Vapi, Distt. Valsad, Gujarat, India – 396195
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IndustryAgriculture, Crop Protection
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Upl Limited
Upl Limited has undergone 3 name changes throughout its history. The company was previously known as Vishwanath Commercials Limited, United Phosphorus Limited, and Search Chem Industries Limited. The current legal name is Upl Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Upl Limited | Current |
| Vishwanath Commercials Limited | Previous |
| United Phosphorus Limited | Previous |
| Search Chem Industries Limited | Previous |
Associated Brands with Upl Limited
Upl Limited operates multiple associated brands including Stimuplant, UPL, and Kudos Chemie Limited. These brands represent Upl Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers bacteria inoculation and growth promoters for improved crop yield and plant health. | stimuplant.co.za | |
| Sustainable agriculture technologies and solutions are provided to farmers globally. | upl-ltd.com | |
| Specialty chemicals are manufactured for beverage and pharmaceutical ingredients. | kudoschemie.com |
Competitors & Alternatives of Upl Limited
Brands and companies operating in the same space as Upl Limited include Terramera, Ginkgo Bioworks, Vestaron and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Plant-based biopesticides are developed for agricultural applications by Terramera. | Vancouver, Canada, Canada | 2010 |
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Gene editing-based cultured ingredients are provided for agriculture. | Boston, United States, United States | 2008 |
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Biological insecticides and pesticides are developed from spider peptides. | Kalamazoo, United States, United States | 2001 |
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Nitrogen-fixing microbes for corn crop nutrition are developed and applied. | Berkeley, United States, United States | 2010 |
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Plant-based biologicals for weed control in agriculture are developed. | Leeds, United Kingdom, United Kingdom | 2017 |
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Manufacturer of microbial crop nutrition products | Natick, United States, United States | 2018 |
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Microbial biotech solutions for enhancing crop yields are developed. | Davis, United States, United States | 2014 |
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Plant-based crop protection products are developed for targeted agricultural applications. | Toulouse, France, France | 2016 |
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Microbial seed coatings are developed for farming applications. | Orange, Australia, Australia | 2019 |
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Crop inputs are supplied using beneficial plant bacteria for agriculture. | St. Louis, United States, United States | 2011 |
Business Activity of Upl Limited
Upl Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Upl Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Upl Limited
Upl Limited is audited by B S R & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Upl Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Upl Limited
Upl Limited is currently managed by 9 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
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| Hardeep Singh | Director | 02 Feb 2015 | 11 Years 7 Months | Current |
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Jaidev Rajnikant Shroff
Also directs:
Superform Chemistries Limited, Uniphos Enterprises Limited, Nivi Trading Limited and 5 more
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Director | 01 Oct 1992 | 33 Years 11 Months | Current |
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Vikram Rajnikant Shroff
Also directs:
Superform Chemistries Limited, Advanta Enterprises Limited, Upl Sustainable Agri Solutions Limited and 5 more
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Director | 22 Apr 2006 | 20 Years 5 Months | Current |
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Suresh Kumar
Also directs:
Superform Chemistries Limited, Vardhman Textiles Limited, Nimbua Greenfield (Punjab) Association and 1 more
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Director | 20 Oct 2022 | 3 Years 11 Months | Current |
| Naina Lal Kidwai | Director | 01 Oct 2021 | 4 Years 11 Months | Current |
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Raj Kumar Tiwari
Also directs:
Superform Chemistries Limited, Upl Global Business Services Limited, Upl Agri Science Limited and 4 more
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Whole-Time Director | 01 Nov 2022 | 3 Years 10 Months | Current |
Financials of Upl Limited FY 2025-26 filings available
Upl Limited reported revenue of ₹51,839 Cr (up 11.15% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 | +7.6% | +2.2% | -10.3% | +17.6% | +21.1% | +3.3% | +60.3% |
| 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 (₹) | 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 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10,181 | 18,335 | 12,269 | 12,019 | 9,216 | 15,573 | 10,907 | 11,090 |
| Revenue growth (YoY) | +10.5% | +17.7% | +12.5% | +8.4% | +1.6% | +10.6% | +10.3% | +9.1% |
| Other income | 217 | 178 | 92.00 | 392 | 161 | 107 | 170 | 111 |
| EBITDA | 1,358 | 3,465 | 2,180 | 1,947 | 1,387 | 2,889 | 1,602 | 1,209 |
| EBITDA margin | +13.3% | +18.9% | +17.8% | +16.2% | +15.0% | +18.6% | +14.7% | +10.9% |
| Depreciation | 832 | 915 | 827 | 771 | 731 | 705 | 688 | 697 |
| Interest | 852 | 836 | 774 | 784 | 1,007 | 914 | 730 | 1,070 |
| Profit before tax | (109) | 1,892 | 671 | 784 | (190) | 1,377 | 354 | (447) |
| Tax | (36.00) | 598 | 181 | 172 | (14.00) | 298 | (499) | 138 |
| Net profit | (73.00) | 1,294 | 490 | 612 | (176) | 1,079 | 853 | (585) |
| EPS (₹) | 0.12 | 12.57 | 4.69 | 6.74 | (1.94) | 11.15 | 9.70 | (5.68) |
| 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 | +4.1% | +3.6% | -38.9% | -43.2% | +47.8% | +15.3% | +7.9% |
| 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 (₹) | 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 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,397 | 1,186 | 1,390 | 1,512 | 1,660 | 2,011 | 1,427 | 1,090 |
| Revenue growth (YoY) | -15.8% | -41.0% | -2.6% | +38.7% | +107.0% | +61.1% | +40.2% | -38.7% |
| Other income | 123 | 417 | 74.00 | 321 | 94.00 | 1,867 | 378 | 232 |
| Total expenses | 1,350 | 1,081 | 1,339 | 1,403 | 1,567 | 2,081 | 1,291 | 1,064 |
| EBITDA | 47.00 | 105 | 51.00 | 109 | 93.00 | (70.00) | 136 | 26.00 |
| EBITDA margin | +3.4% | +8.9% | +3.7% | +7.2% | +5.6% | -3.5% | +9.5% | +2.4% |
| Depreciation | 25.00 | 28.00 | 32.00 | 32.00 | 33.00 | 34.00 | 39.00 | 28.00 |
| Interest | 25.00 | 29.00 | 32.00 | 43.00 | 22.00 | 51.00 | 56.00 | 80.00 |
| Profit before tax | 120 | 465 | 61.00 | 355 | 132 | 1,712 | 419 | 150 |
| Tax | 31.00 | 106 | 29.00 | 83.00 | 10.00 | (27.00) | (573) | 3.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10,181 | 18,335 | 12,269 | 12,019 | 9,216 | 15,573 | 10,907 | 11,090 |
| Revenue growth (YoY) | +10.5% | +17.7% | +12.5% | +8.4% | +1.6% | +10.6% | +10.3% | +9.1% |
| Other income | 217 | 178 | 92.00 | 392 | 161 | 107 | 170 | 111 |
| EBITDA | 1,358 | 3,465 | 2,180 | 1,947 | 1,387 | 2,889 | 1,602 | 1,209 |
| EBITDA margin | +13.3% | +18.9% | +17.8% | +16.2% | +15.0% | +18.6% | +14.7% | +10.9% |
| Depreciation | 832 | 915 | 827 | 771 | 731 | 705 | 688 | 697 |
| Interest | 852 | 836 | 774 | 784 | 1,007 | 914 | 730 | 1,070 |
| Profit before tax | (109) | 1,892 | 671 | 784 | (190) | 1,377 | 354 | (447) |
| Tax | (36.00) | 598 | 181 | 172 | (14.00) | 298 | (499) | 138 |
| Net profit | (73.00) | 1,294 | 490 | 612 | (176) | 1,079 | 853 | (585) |
| EPS (₹) | 0.12 | 12.57 | 4.69 | 6.74 | (1.94) | 11.15 | 9.70 | (5.68) |
| 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 | +7.6% | +2.2% | -10.3% | +17.6% | +21.1% | +3.3% | +60.3% |
| 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 (₹) | 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% | +63.7% |
| EBITDA growth | +32.3% | +66.1% | -59.7% | +8.9% | +13.5% | +31.9% | +82.9% |
| PBT growth | +280.8% | +9998.0% | - | +3.7% | +18.8% | +51.3% | +55.9% |
| Net income growth | +100.6% | +9998.0% | - | -4.5% | +26.2% | +37.3% | +22.0% |
| 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 (₹) | 22.75 | 11.28 | (16.00) | 47.60 | 47.40 | 37.53 | 23.22 |
| Dividend per share (₹) | 6.00 | 6.00 | 1.00 | 10.00 | 10.00 | 10.00 | 6.00 |
| Book value per share (₹) | 410.60 | 367.46 | 330.76 | 358.11 | 322.37 | 273.03 | 252.05 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,397 | 1,186 | 1,390 | 1,512 | 1,660 | 2,011 | 1,427 | 1,090 |
| Revenue growth (YoY) | -15.8% | -41.0% | -2.6% | +38.7% | +107.0% | +61.1% | +40.2% | -38.7% |
| Other income | 123 | 417 | 74.00 | 321 | 94.00 | 1,867 | 378 | 232 |
| Total expenses | 1,350 | 1,081 | 1,339 | 1,403 | 1,567 | 2,081 | 1,291 | 1,064 |
| EBITDA | 47.00 | 105 | 51.00 | 109 | 93.00 | (70.00) | 136 | 26.00 |
| EBITDA margin | +3.4% | +8.9% | +3.7% | +7.2% | +5.6% | -3.5% | +9.5% | +2.4% |
| Depreciation | 25.00 | 28.00 | 32.00 | 32.00 | 33.00 | 34.00 | 39.00 | 28.00 |
| Interest | 25.00 | 29.00 | 32.00 | 43.00 | 22.00 | 51.00 | 56.00 | 80.00 |
| Profit before tax | 120 | 465 | 61.00 | 355 | 132 | 1,712 | 419 | 150 |
| Tax | 31.00 | 106 | 29.00 | 83.00 | 10.00 | (27.00) | (573) | 3.00 |
| 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 | +4.1% | +3.6% | -38.9% | -43.2% | +47.8% | +15.3% | +7.9% |
| 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 (₹) | 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% | +11.3% |
| EBITDA growth | +135.5% | -62.1% | -52.9% | -58.5% | +27.8% | +34.3% | +43.1% |
| 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% | +26.8% |
| 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 (₹) | 9.29 | 36.97 | 16.11 | 13.00 | 15.37 | 2.88 | 6.03 |
| Dividend per share (₹) | 6.00 | 6.00 | 1.00 | 10.00 | 10.00 | 10.00 | 6.00 |
| Book value per share (₹) | 166.11 | 151.21 | 100.40 | 94.24 | 107.20 | 101.78 | 104.89 |
Shareholding Pattern of Upl Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 33.50%, foreign institutional investors hold 42.40%, domestic institutional investors hold 15.60%, retail and other public shareholders hold 8.50% of Upl Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 33.50% | 33.50% | 33.50% | 33.50% |
| Public | 66.50% | 66.50% | 66.50% | 66.50% |
Charges & Borrowings of Upl Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2012 | Idbi Trusteeship Services Limited | ₹300 Cr | Open |
| 07 Sep 2011 | Idbi Trusteeship Services Limited | ₹250 Cr | Open |
| 24 Dec 2010 | Idbi Trusteeship Services Limited | ₹300 Cr | Open |
| 21 Jun 2010 | Idbi Trusteeship Services Limited | ₹300 Cr | Open |
| 09 Apr 2010 | Idbi Trusteeship Services Limited | ₹250 Cr | Open |
Total charge records: 24 View all charges
Employees and EPFO Compliance at Upl Limited
Upl Limited has a workforce of 4,125 employees as of Sep 10, 2024.
Employee and EPFO history for Upl Limited
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GST Compliance of Upl Limited
GST registrations and filing compliance for Upl Limited
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Credit Ratings, Litigation & Regulatory Alerts for Upl Limited
Credit ratings, litigation, and regulatory alerts for Upl Limited
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MSME Payment Delays by Upl Limited
MSME payment history for Upl Limited
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Subsidiaries & Group Companies of Upl Limited
Corporate group structure for Upl Limited
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MCA Filings & Documents of Upl Limited
MCA filings and documents for Upl Limited
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Recent Activity on Upl Limited
Recent News on Upl Limited
Frequently Asked Questions about Upl Limited
Upl Limited is an active public limited company in the agriculture sector based in Distt. Valsad, Gujarat, India. It was incorporated on 02 January 1985 (41+ years old) and is registered under CIN L24219GJ1985PLC025132. Listed on BSE: 512070 and NSE: UPL. The company has 4,125 employees.
Upl Limited reported revenue of ₹51,839 Cr for FY 2025-26 (up 11.15% YoY) based on consolidated financials.
The current directors of Upl Limited are:
- Hardeep Singh - Director
- Jaidev Rajnikant Shroff - Director
- Vikram Rajnikant Shroff - Director
- Suresh Kumar - Director
- Naina Lal Kidwai - Director
- Raj Kumar Tiwari - Whole-Time Director
- Bhanumathi Viswanathan Melattur - Director
- Santosh Kumar Mohanty - Director
- Usha Rao Monari - Director
The primary industry of Upl Limited is agriculture. The company specifically operates in crop protection. The company is currently active in this sector.
Yes. Upl Limited is listed on both BSE (code: 512070) and NSE (symbol: UPL).
Upl Limited can be reached at the registered office: 3 – 11 G.I.D.C. Vapi, Distt. Valsad, Gujarat, India – 396195, or through the website upl-ltd.com.