UPL

UPL Ltd.

NSE: UPL

BSE: 512070

Sector: Chemicals

Industry Group: Fertilizers & Agrochemicals

Industry: Pesticides & Agrochemicals

607.80+19.1 (+3.24%)

3 Jul, 12:30 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

42.5 / 100

Value Score

47.1 / 100

Price Momentum Score

44.1 / 100

QVM Score

36.0 / 100

Key Metrics

Market Cap

49716.10

P/E (TTM)

25.87

P/B

1.43

P/S (TTM)

0.96

EV/EBITDA

6.84

CAPE (5Y)

28.65

ROE (TTM)

6.01

ROCE (TTM)

9.94

ROA (TTM)

2.10

Avg 3Y ROE

1.56

Earnings 3Y CAGR

-20.19

Sales 3Y CAGR

-1.09

Sales 5Y CAGR

6.02

Debt/Equity

0.68

Consensus TP

770.00

Strong Buy %

42.11

Promoter Holding

33.51

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of UPL Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 132.11% for 12-month ended 31 Mar 2026 and the growth was 112.85 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.68 as on 31 Mar 2026 and Debt to Equity decreased marginally by 0.17 in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 79.2 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

79.2 / 100

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 25.87 indicates that the stock is expensive on a standalone basis and is at a 22.55% premium to industry median P/E

What is P/E Ratio?

Median: 21.11

Value 25.87

10.91100.58

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -7.57% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Neutral

Low ROE but improving trend

The company reported low ROE of 6.01% for 12-month ended 31 Mar 2026 but ROE improved by 269 bps from 1 year ago

What is ROE (FY)?

Moderate and stable operating margin

The company reported moderate operating margin of 12.24% for 12-month ended 31 Mar 2026 and operating margin improved marginally by 69 bps from 1 year ago

What is Operating profit margin?

Moderate revenue growth and in line with median growth of industry

The company delivered moderate revenue growth of 11.15% for 12-month ended 31 Mar 2026 and the growth was 1.0 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 12.15

Value 11.15

-69.5247.11

Moderate dividend yield

The company has a moderate dividend yield of 1.02%

What is Dividend yield?

Financial Snapshot

See detailed analysis

Multi-year trends for UPL Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

UPL Ltd. Shareholding Pattern

Quarterly breakdown of UPL Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	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
Total Promoter	27.89	27.88	27.88	27.85	27.96	27.96	27.96	28.24	28.45	28.96	28.96	30.74	32.52	32.52	32.52	32.52	32.52	32.52	32.52	33.51	33.50	33.50	33.50	33.50	33.51
Indian Promoter	25.94	25.93	25.93	25.91	25.91	25.91	25.91	25.96	25.96	26.42	26.42	26.42	26.59	26.59	26.59	26.59	26.59	26.59	26.59	27.63	27.63	27.63	27.63	27.63	27.64
Foreign Promoter	1.94	1.94	1.94	1.94	2.05	2.05	2.05	2.27	2.49	2.54	2.54	4.32	5.93	5.93	5.93	5.93	5.93	5.93	5.93	5.87	5.87	5.87	5.87	5.87	5.88
Institutions	54.50	53.73	53.39	52.00	53.76	54.04	53.10	52.92	53.10	52.90	52.77	53.39	53.09	57.23	50.84	51.21	48.96	50.25	51.86	51.22	52.57	52.99	54.18	55.57	56.43
Mutual Funds / UTI	4.15	4.54	5.20	4.58	4.34	4.82	5.52	6.34	5.90	5.62	6.35	5.76	4.62	5.10	7.32	7.57	6.46	6.91	8.51	9.43	9.14	8.98	7.45	7.68	7.23
FI/Bank/Insurance	8.06	8.13	10.43	11.27	10.93	10.92	12.04	11.94	11.48	10.39	9.89	9.49	8.45	8.92	9.25	8.82	8.57	8.58	8.98	9.10	9.07	8.92	9.48	8.78	7.15
Govt	0.31	0.31	0.31	0.31	0.10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.02
FII	41.92	40.57	37.15	35.36	37.83	37.87	35.13	34.27	35.30	36.45	35.58	37.19	38.70	37.97	33.57	34.39	33.64	34.51	34.22	32.52	34.22	34.90	37.01	38.84	41.78
Other Institutions	0.06	0.19	0.30	0.49	0.58	0.43	0.42	0.38	0.43	0.46	0.95	0.94	1.32	5.25	0.70	0.43	0.30	0.25	0.15	0.17	0.15	0.19	0.24	0.25	0.25
Non-Institution	9.34	10.12	10.46	11.88	10.12	9.84	10.79	10.90	10.72	10.94	18.28	10.35	10.45	10.25	12.61	12.97	15.21	13.92	12.28	12.33	10.93	10.57	9.45	8.78	8.74
Bodies Corporate	0.94	1.02	0.94	0.89	0.80	0.79	0.92	1.00	1.03	1.01	1.02	0.98	1.17	1.08	1.19	1.14	1.48	1.24	1.27	1.69	1.25	1.43	0.95	0.88	0.86
Others (incl. Retail) No. of shareholders	8.40 1,15,912	9.10 1,58,667	9.52 1,62,030	10.99 2,43,994	9.32 1,73,827	9.05 1,92,087	9.87 2,35,585	9.90 2,43,122	9.69 2,37,882	9.93 2,43,159	17.26 2,66,965	9.37 2,50,719	9.28 2,51,202	9.17 2,78,598	11.42 3,80,921	11.83 4,05,656	13.73 4,81,326	12.68 4,36,673	11.01 3,74,138	10.64 3,57,292	9.68 3,21,763	9.14 3,04,950	8.50 2,82,610	7.90 2,66,539	7.88 2,74,859

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Pesticides & Agrochemicals	15.32%	1 / 20
2	Nifty Midcap 150 Momentum 50	2.18%	20 / 50
3	Nifty Midcap 50	1.62%	30 / 50
4	Nifty 200 Momentum 30	1.61%	29 / 30
5	Nifty 500 Momentum 50	1.27%	31 / 50
6	Nifty Midcap 100	1.09%	34 / 100
7	Nifty Midcap 150	0.9%	34 / 149
8	NIFTY Large Midcap 250	0.47%	59 / 250
9	Nifty 500	0.19%	117 / 499
10	Nifty Total Market	0.18%	120 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in UPL Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Rumi Family Private Trust Trust	April-2026	Market Purchase (Acquisition) 3rd Apr 2026	0.00 %	₹ 628.28	10.00 k	₹ 62.83 lac
Kartik Bhatia Designated Person	September-2025	Market Sale (Disposal) 18th Sep 2025	0.00 %	₹ 696.00	500.00	₹ 3.48 lac
Kartik Bhatia Designated Person	September-2025	Market Sale (Disposal) 16th Sep 2025	0.00 %	₹ 698.72	1.00 k	₹ 6.99 lac
Jasmin Kartik Bhatia Immediate Relative	September-2025	Market Sale (Disposal) 16th Sep 2025	0.00 %	₹ 698.50	500.00	₹ 3.49 lac
Asha Arun Ashar Immediate Relative	December-2024	Market Sale (Disposal) 9th Dec 2024	0.05 %	₹ 559.00	2.00 k	₹ 11.18 lac
Asha Arun Asher Immediate Relative	September-2024	Market Sale (Disposal) 30th Sep 2024	0.06 %	₹ 607.44	8.20 k	₹ 49.81 lac
Asha Arun Asher Immediate Relative	September-2024	Market Sale (Disposal) 27th Sep 2024	0.06 %	₹ 604.83	2.00 k	₹ 12.10 lac
Asha Arun Ashar Immediate Relative	September-2024	Market Sale (Disposal) 23rd Sep 2024	0.06 %	₹ 585.56	25.00 k	₹ 1.46 cr
Nehal Rohan Parikh Immediate Relative	March-2023	Market Sale (Disposal) 29th Mar 2023	0.00 %	₹ 697.26	1.48 k	₹ 10.34 lac
Asha Arun Ashar Immediate Relative	December-2022	Market Sale (Disposal) 9th Dec 2022	0.11 %	₹ 799.23	3.40 k	₹ 27.17 lac

Corporate Actions

History of UPL Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 6/share
Record date: 17th Jul 2026Ex-date: 17th Jul 2026
Announced on: 11th May 2026
Dividend₹ 6/share
Record date: 11th Jul 2025Ex-date: 11th Jul 2025
Announced on: 12th May 2025
Rights Issue(1 new shares @ ₹360 for 8 existing shares)
Ex-date: 26th Nov 2024Announced on: 20th Nov 2024
"Rights ISIN INE628A20010CUSIP Y9305A137SEDOL BS9F7B1."
Dividend₹ 1/share
Record date: 12th Aug 2024Ex-date: 12th Aug 2024
Announced on: 13th May 2024
Dividend₹ 10/share
Record date: 3rd Aug 2023Ex-date: 3rd Aug 2023
Announced on: 8th May 2023

Company Profile

Overview of UPL Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

UPL Limited is an India-based company that provides agricultural solutions and services. The Company operates through three segments: Crop Protection, Seeds Business, and Non Agro. Its Crop Protection segment includes the manufacture and marketing of conventional agrochemical products, and other agr...

Key personnel

Mr. Bikash Prasad

Group Chief Financial Officer

Mr. Sandeep Mohan Deshmukh

Compliance Officer, Company Secretary

Mr. Sujoy Mazumdar

Group General Counsel

Mr. Anurag Gupta

Head - Investor Relations

Mr. Jaidev Rajnikant (Jai) ShroffD

Non-Executive Chairman of the Board, Group Chief Executive Officer

Mr. Rajnikant Devidas (Rajju) ShroffD

Chairman Emeritus

Mr. Vikram Rajnikant ShroffD

Co-Chief Executive Officer, Non-Executive Vice Chairman of the Board

Mr. Raj Kumar TiwariD

Whole-Time Director

View all

Incorporated on

02 Jan 1985

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

26 Feb 1996

Free Float

55,89,13,963

Website

https://www.upl-ltd.com/

Phone no.

+918001021199

Address

Uniphos House, C.D. Marg,, 11th Road, Madhu Park,, Khar (West),, MUMBAI, 400052, India

Frequently Asked Questions

What is the current share price of UPL Ltd.?

The current share price of UPL Ltd. is ₹ 607.80 as of 3 Jul 2026.

What is the market capitalisation of UPL Ltd.?

The market capitalisation of UPL Ltd. stands at ₹ 49,716.10 Cr.

What is the PE ratio of UPL Ltd.?

The Price-to-Earnings (PE) ratio of UPL Ltd. is 25.87 as of the latest trailing twelve months data.

What is the ROE and ROCE of UPL Ltd.?

UPL Ltd. has a Return on Equity (ROE) of 6.01% and a Return on Capital Employed (ROCE) of 9.94% as per the latest financial reports.

What is the 52-week high and low of UPL Ltd.?

The 52-week high of UPL Ltd. is - and the 52-week low is -.

What is the dividend yield of UPL Ltd.?

The dividend yield of UPL Ltd. is 1.02% based on the current market price.

What is the FII and DII holding in UPL Ltd.?

Foreign Institutional Investors (FII) hold 41.78%, Domestic Institutional Investors (DII) hold 14.38% and retail/public investors hold 7.88% of UPL Ltd. shares.

What sector does UPL Ltd. belong to?

UPL Ltd. operates in the Chemicals sector. 68.42% of analysts have a Buy or Strong Buy rating on UPL Ltd. with a consensus target price of ₹ 770.00, implying 30.79% upside from current levels.

What is the beta of UPL Ltd.?

The beta of UPL Ltd. is 1.28, indicating its price volatility relative to the broader market. Over the past 1 year, UPL Ltd. has delivered an absolute return of -8.64%.

What is the RSI of UPL Ltd.?

The 14-day Relative Strength Index (RSI) of UPL Ltd. is 41.50, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

UPL Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

UPL Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Corporate Actions

Company Profile