UPL Ltd (UPL)
₹602.45
Mkt cap
₹50,841 Cr
P/E ratio
28.20
P/B
1.47
Div yield
1.00%
ROE
5.64%
ROCE
10.10%
EPS (TTM)
₹21.36
Book value
₹411
52W range
565–805
Sector
Commodities
UPL is principally engaged in the business of agrochemicals, industrial chemicals, chemical intermediates, speciality chemicals and production and sale of field crops and vegetable seeds.
Health check
Cautious
ValuationFair
ProfitabilityWeak
GrowthModerate
TechnicalsBearish
52-week range
−25.19% from high₹602
₹565+6.62% from low₹805
Current
₹602.45
Prev close
₹603.00
Day
−0.09%
Price performance
1D
−0.09%
1W
−0.59%
1M
+2.02%
3M
−4.59%
6M
−16.73%
1Y
−13.02%
YTD
−25.13%
Financials
FRevenue, profit & margin
P/E ratio
28.2×
UPL is 20% above the sector median of 23.5×
UPL28.2×
Sector median23.5×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16,569 | 8,963 | 10,170 | 9,887 | 14,078 | 9,067 | 11,090 | 10,907 | 15,573 | 9,216 | 12,019 | 12,269 | 18,335 | |
| Expenses | 13,847 | 7,747 | 9,049 | 9,820 | 12,230 | 7,998 | 9,873 | 9,229 | 12,409 | 7,820 | 10,072 | 10,033 | 14,854 | |
| Operating Profit | 2,722 | 1,216 | 1,121 | 67 | 1,848 | 1,069 | 1,217 | 1,678 | 3,164 | 1,396 | 1,947 | 2,236 | 3,481 | |
| OPM % | 16% | 14% | 11% | 1% | 13% | 12% | 11% | 15% | 20% | 15% | 16% | 18% | 19% | |
| Other Income | 302 | 58 | 18 | 134 | 66 | 49 | 103 | 94 | -168 | 152 | 392 | 36 | 162 | |
| Interest | 906 | 700 | 871 | 1,191 | 1,090 | 913 | 1,070 | 730 | 914 | 1,007 | 784 | 774 | 836 | |
| Depreciation | 727 | 636 | 657 | 676 | 794 | 660 | 697 | 688 | 705 | 731 | 771 | 827 | 915 | |
| Profit before tax | 1,391 | -62 | -389 | -1,666 | 30 | -455 | -447 | 354 | 1,377 | -190 | 784 | 671 | 1,892 | |
| Tax % | 22% | -265% | -25% | -4% | 367% | 16% | 31% | -141% | 22% | -7% | 22% | 27% | 32% | |
| Net Profit | 1,080 | 102 | -293 | -1,607 | -80 | -527 | -585 | 853 | 1,079 | -176 | 612 | 490 | 1,294 | |
| EPS in Rs | 9.38 | 1.97 | -2.24 | -14.41 | 0.47 | -4.55 | -5.25 | 9.81 | 10.61 | -1.04 | 6.56 | 4.70 | 12.57 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.64% · closed higher next day 24 of last 60
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26† | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 31 Jul '23◦ | 30 Oct '23◦ | 3 Feb '24◦ | 14 May '24 | 2 Aug '24◦ | 11 Nov '24◦ | 31 Jan '25◦ | 12 May '25◦ | 1 Aug '25 | 6 Nov '25 | 2 Feb '26 | 17 Jul '26 |
| Earnings day | +0.16% | +0.34% | −11.18% | −4.50% | −1.73% | +2.45% | +0.04% | +0.20% | −5.49% | +0.27% | −0.77% | −1.48% |
| +1 day | −0.89% | −1.23% | −9.71% | −3.61% | −0.75% | +0.05% | +4.39% | −2.41% | +1.12% | +2.27% | +5.09% | −3.16% |
| +5 days | −3.26% | +2.48% | −14.10% | −4.12% | +5.12% | +7.88% | +6.23% | −1.89% | −2.14% | +3.66% | +5.70% | −3.65% |
| +15 days | −6.24% | +5.06% | −8.34% | −7.14% | +8.44% | +12.96% | +7.06% | −0.79% | +2.70% | +3.73% | −8.40% | — |
| +30 days | −2.62% | +11.23% | −13.60% | +6.79% | +13.59% | +1.60% | +5.21% | +2.65% | −0.16% | +1.78% | −12.52% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 6 Per Share | 6.00 | 17 Jul '26 | 17 Jul '26 |
Shareholding
Sas of Jun 202633.50%Promoter
Promoters33.50%
FIIs42.39%0.61
DIIs14.32%0.31
Public9.77%0.28
Government0.02%
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| UPL | ₹602.45 | 28.19 | 50,841 | 1.00% | 1,294 | −0.46% | 18,335 | +17.74% | 10.11% |
| P I Industries | ₹2,731.20 | 34.49 | 41,437 | 0.55% | 200 | −39.02% | 1,565 | −12.42% | 14.99% |
| Sumitomo Chemi. | ₹520.45 | 46.86 | 25,978 | 0.25% | 111 | +12.40% | 671 | +1.01% | 23.48% |
| Bayer Crop Sci. | ₹4,217.50 | 27.50 | 18,954 | 3.56% | 162 | +13.12% | 1,101 | +5.20% | 29.14% |
| Sharda Cropchem | ₹872.95 | 12.06 | 7,876 | 1.72% | 319 | +56.53% | 2,065 | +12.93% | 30.25% |
| NACL Industries | ₹196.80 | 177.85 | 4,610 | 0.00% | 21 | +59.82% | 383 | −14.50% | 8.13% |
| Dhanuka Agritech | ₹1,013.30 | 15.87 | 4,517 | 0.20% | 98 | +29.50% | 483 | +9.35% | 23.76% |
| Median: 25 Co. | ₹260.95 | 23.52 | 1,727 | 0.20% | 12 | +18.34% | 308 | +8.07% | 14.99% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts67
TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025TranscriptJan 2025PPTJan 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024PPTMay 2024TranscriptFeb 2024PPTFeb 2024
Credit ratings6
Announcements5
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d - Demuric Holdings acquired 18.08 crore UPL shares on 21 July 2026, raising stake to 22.03%.Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 2d - Demuric Holdings acquires 18.08 crore UPL shares, 21.41%, via amalgamation of subsidiaries.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Jul - UPL submitted Regulation 74(5) certificate for quarter ended June 30, 2026.Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Jul - Newspaper Advertisment -Information Regarding 42nd Annual General Meeting, Remote e-voting and other related informaiton.Reg. 34 (1) Annual Report. 15 Jul






